Kreate Group Oyj (KREATE) - Net Assets
Based on the latest financial reports, Kreate Group Oyj (KREATE) has net assets worth €42.60 Million EUR (≈ $49.80 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€138.10 Million ≈ $161.45 Million USD) and total liabilities (€95.50 Million ≈ $111.65 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check KREATE asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €42.60 Million |
| % of Total Assets | 30.85% |
| Annual Growth Rate | 6.41% |
| 5-Year Change | 63.74% |
| 10-Year Change | N/A |
| Growth Volatility | 24.64 |
Kreate Group Oyj - Net Assets Trend (2018–2024)
This chart illustrates how Kreate Group Oyj's net assets have evolved over time, based on quarterly financial data. Also explore KREATE current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Kreate Group Oyj (2018–2024)
The table below shows the annual net assets of Kreate Group Oyj from 2018 to 2024. For live valuation and market cap data, see market value of Kreate Group Oyj.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €43.59 Million ≈ $50.96 Million |
+1.76% |
| 2023-12-31 | €42.83 Million ≈ $50.07 Million |
+0.78% |
| 2022-12-31 | €42.50 Million ≈ $49.69 Million |
+3.38% |
| 2021-12-31 | €41.11 Million ≈ $48.06 Million |
+54.44% |
| 2020-12-31 | €26.62 Million ≈ $31.12 Million |
-26.79% |
| 2019-12-31 | €36.36 Million ≈ $42.51 Million |
+21.10% |
| 2018-12-31 | €30.02 Million ≈ $35.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kreate Group Oyj's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 454.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €25.16 Million | 58.12% |
| Common Stock | €80.00K | 0.18% |
| Other Comprehensive Income | €19.70 Million | 45.50% |
| Total Equity | €43.29 Million | 100.00% |
Kreate Group Oyj Competitors by Market Cap
The table below lists competitors of Kreate Group Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gan Shmuel
TA:GSFI
|
$102.32 Million |
|
Intertek Group PLC
LSE:ITRK
|
$102.34 Million |
|
Papoutsanis S.A
AT:PAP
|
$102.43 Million |
|
Entre Cua Socimi
MC:YENT
|
$102.49 Million |
|
Super Energy Corporation Public Company Limited
BK:SUPER
|
$102.30 Million |
|
Hennessy Capital Investment Corp VI
NASDAQ:HCVI
|
$102.29 Million |
|
Clover Corporation Ltd
AU:CLV
|
$102.21 Million |
|
Chateau International Development Co Ltd
TW:2722
|
$102.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kreate Group Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,770,000 to 43,292,000, a change of 522,000 (1.2%).
- Net income of 4,373,000 contributed positively to equity growth.
- Dividend payments of 4,200,000 reduced retained earnings.
- Share repurchases of 625,000 reduced equity.
- Other comprehensive income decreased equity by 18,001.
- Other factors increased equity by 992,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €4.37 Million | +10.1% |
| Dividends Paid | €4.20 Million | -9.7% |
| Share Repurchases | €625.00K | -1.44% |
| Other Comprehensive Income | €-18.00K | -0.04% |
| Other Changes | €992.00K | +2.29% |
| Total Change | €- | 1.22% |
Book Value vs Market Value Analysis
This analysis compares Kreate Group Oyj's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 7.44x to 3.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €2.54 | €18.90 | x |
| 2019-12-31 | €3.08 | €18.90 | x |
| 2020-12-31 | €3.01 | €18.90 | x |
| 2021-12-31 | €4.76 | €18.90 | x |
| 2022-12-31 | €4.79 | €18.90 | x |
| 2023-12-31 | €5.09 | €18.90 | x |
| 2024-12-31 | €4.87 | €18.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kreate Group Oyj utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 10.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.59%
- • Asset Turnover: 2.10x
- • Equity Multiplier: 3.04x
- Recent ROE (10.10%) is below the historical average (16.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 12.72% | 1.99% | 2.00x | 3.20x | €817.50K |
| 2019 | 24.01% | 3.95% | 2.10x | 2.90x | €5.09 Million |
| 2020 | 29.17% | 3.30% | 2.32x | 3.81x | €5.10 Million |
| 2021 | 16.82% | 2.91% | 2.23x | 2.59x | €2.80 Million |
| 2022 | 13.56% | 2.11% | 2.04x | 3.16x | €1.52 Million |
| 2023 | 8.64% | 1.15% | 2.38x | 3.15x | €-583.00K |
| 2024 | 10.10% | 1.59% | 2.10x | 3.04x | €43.80K |
Industry Comparison
This section compares Kreate Group Oyj's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $276,909,400
- Average return on equity (ROE) among peers: -8.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kreate Group Oyj (KREATE) | €42.60 Million | 12.72% | 2.24x | $102.31 Million |
| Consti Yhtiot Oy (CONSTI) | $23.42 Million | -9.95% | 3.74x | $90.62 Million |
| Etteplan Oyj (ETTE) | $87.07 Million | 19.61% | 1.50x | $216.64 Million |
| Sitowise Group Oyj (SITOWS) | $76.87 Million | -55.20% | 1.99x | $92.12 Million |
| SRV Group plc (SRV1V) | $277.19 Million | 5.04% | 1.75x | $74.64 Million |
| YIT Oyj (YIT) | $920.00 Million | -0.98% | 2.46x | $689.17 Million |
About Kreate Group Oyj
Kreate Group Oyj engages in the construction of infrastructure projects for private and public sector customers in Finland. Its services include construction of bridge, transport infrastructure, special foundation, fairway, concrete and rock, railways, railway yards, tramways, and metros; repair of existing sites; and rock engineering, as well as circular economy and environmental business. The c… Read more