Lassila &Tikanoja Oyj
Lassila & Tikanoja Oyj, a service company, provides environmental management, and property and plant support services in Finland, Sweden, and internationally. It operates in four segments: Environmental Services, Industrial Services, Facility Services Finland, and Facility Services Sweden. The company offers waste management and recycling; collection and disposal of hazardous waste; and sewer sys… Read more
Lassila &Tikanoja Oyj (LAT1V) - Net Assets
Latest net assets as of September 2025: €215.80 Million EUR
Based on the latest financial reports, Lassila &Tikanoja Oyj (LAT1V) has net assets worth €215.80 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€628.80 Million) and total liabilities (€413.00 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €215.80 Million |
| % of Total Assets | 34.32% |
| Annual Growth Rate | 1.85% |
| 5-Year Change | 8.62% |
| 10-Year Change | -0.99% |
| Growth Volatility | 13.3 |
Lassila &Tikanoja Oyj - Net Assets Trend (2000–2024)
This chart illustrates how Lassila &Tikanoja Oyj's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Lassila &Tikanoja Oyj (2000–2024)
The table below shows the annual net assets of Lassila &Tikanoja Oyj from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €209.20 Million | -9.91% |
| 2023-12-31 | €232.20 Million | +5.35% |
| 2022-12-31 | €220.40 Million | +4.75% |
| 2021-12-31 | €210.40 Million | +9.24% |
| 2020-12-31 | €192.60 Million | -5.12% |
| 2019-12-31 | €203.00 Million | -4.43% |
| 2018-12-31 | €212.40 Million | -2.88% |
| 2017-12-31 | €218.70 Million | -1.93% |
| 2016-12-31 | €223.00 Million | +5.54% |
| 2015-12-31 | €211.30 Million | +2.37% |
| 2014-12-31 | €206.40 Million | -2.39% |
| 2013-12-31 | €211.46 Million | -9.25% |
| 2012-12-31 | €233.00 Million | +6.91% |
| 2011-12-31 | €217.94 Million | -2.26% |
| 2010-12-31 | €222.99 Million | +2.64% |
| 2009-12-31 | €217.25 Million | +5.96% |
| 2008-12-31 | €205.04 Million | +1.33% |
| 2007-12-31 | €202.34 Million | +14.40% |
| 2006-12-31 | €176.87 Million | +14.09% |
| 2005-12-31 | €155.03 Million | +17.23% |
| 2004-12-31 | €132.24 Million | +36.41% |
| 2003-12-31 | €96.94 Million | +11.59% |
| 2002-12-31 | €86.88 Million | +9.15% |
| 2001-12-31 | €79.59 Million | -40.90% |
| 2000-12-31 | €134.67 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lassila &Tikanoja 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 159.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €202.70 Million | 96.89% |
| Common Stock | €19.40 Million | 9.27% |
| Total Equity | €209.20 Million | 100.00% |
Lassila &Tikanoja Oyj Competitors by Market Cap
The table below lists competitors of Lassila &Tikanoja Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CI Games SA
WAR:CIG
|
$67.58 Million |
|
INTRON TECH.HLDGS HD -01
F:B46
|
$67.59 Million |
|
Sidus Space Inc
NASDAQ:SIDU
|
$67.60 Million |
|
Global Lights Acquisition Corp Ordinary Shares
NASDAQ:GLAC
|
$67.62 Million |
|
Himatsingka Seide Limited
NSE:HIMATSEIDE
|
$67.54 Million |
|
XSpray Pharma AB
ST:XSPRAY
|
$67.54 Million |
|
Alterity Therapeutics Ltd
NASDAQ:ATHE
|
$67.51 Million |
|
Harrisons Holdings (Malaysia)
KLSE:5008
|
$67.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lassila &Tikanoja Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 232,200,000 to 209,200,000, a change of -23,000,000 (-9.9%).
- Net loss of 1,700,000 reduced equity.
- Dividend payments of 18,700,000 reduced retained earnings.
- Other factors decreased equity by 2,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.70 Million | -0.81% |
| Dividends Paid | €18.70 Million | -8.94% |
| Other Changes | €-2.60 Million | -1.24% |
| Total Change | €- | -9.91% |
Book Value vs Market Value Analysis
This analysis compares Lassila &Tikanoja 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: 0.45x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.91x to 0.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €2.72 | €2.46 | x |
| 2003-12-31 | €2.78 | €2.46 | x |
| 2004-12-31 | €3.75 | €2.46 | x |
| 2005-12-31 | €3.98 | €2.46 | x |
| 2006-12-31 | €4.51 | €2.46 | x |
| 2007-12-31 | €5.23 | €2.46 | x |
| 2008-12-31 | €5.28 | €2.46 | x |
| 2009-12-31 | €5.60 | €2.46 | x |
| 2010-12-31 | €5.75 | €2.46 | x |
| 2011-12-31 | €5.62 | €2.46 | x |
| 2012-12-31 | €6.01 | €2.46 | x |
| 2013-12-31 | €5.46 | €2.46 | x |
| 2014-12-31 | €5.33 | €2.46 | x |
| 2015-12-31 | €5.47 | €2.46 | x |
| 2016-12-31 | €5.80 | €2.46 | x |
| 2017-12-31 | €5.69 | €2.46 | x |
| 2018-12-31 | €5.52 | €2.46 | x |
| 2019-12-31 | €5.29 | €2.46 | x |
| 2020-12-31 | €5.05 | €2.46 | x |
| 2021-12-31 | €5.52 | €2.46 | x |
| 2022-12-31 | €5.78 | €2.46 | x |
| 2023-12-31 | €6.07 | €2.46 | x |
| 2024-12-31 | €5.47 | €2.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lassila &Tikanoja 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): -0.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.22%
- • Asset Turnover: 1.27x
- • Equity Multiplier: 2.91x
- Recent ROE (-0.81%) is below the historical average (14.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 18.65% | 6.04% | 1.18x | 2.63x | €6.88 Million |
| 2002 | 18.47% | 5.95% | 1.26x | 2.47x | €7.29 Million |
| 2003 | 22.78% | 7.12% | 1.28x | 2.49x | €12.24 Million |
| 2004 | 16.36% | 6.35% | 1.24x | 2.09x | €8.31 Million |
| 2005 | 17.81% | 7.21% | 1.20x | 2.06x | €11.94 Million |
| 2006 | 19.87% | 7.94% | 1.24x | 2.02x | €17.20 Million |
| 2007 | 15.78% | 5.75% | 1.27x | 2.17x | €11.69 Million |
| 2008 | 19.51% | 6.60% | 1.27x | 2.33x | €19.48 Million |
| 2009 | 15.27% | 5.69% | 1.17x | 2.29x | €11.44 Million |
| 2010 | 11.77% | 4.38% | 1.24x | 2.17x | €3.93 Million |
| 2011 | 7.79% | 2.60% | 1.32x | 2.27x | €-4.80 Million |
| 2012 | 14.81% | 5.11% | 1.40x | 2.07x | €11.19 Million |
| 2013 | 10.50% | 3.32% | 1.35x | 2.35x | €1.06 Million |
| 2014 | 8.78% | 2.83% | 1.40x | 2.22x | €-2.52 Million |
| 2015 | 17.95% | 5.86% | 1.39x | 2.21x | €16.78 Million |
| 2016 | 19.48% | 6.56% | 1.46x | 2.03x | €21.12 Million |
| 2017 | 15.42% | 4.73% | 1.25x | 2.61x | €11.85 Million |
| 2018 | 16.07% | 4.25% | 1.42x | 2.66x | €12.88 Million |
| 2019 | 17.11% | 4.42% | 1.34x | 2.88x | €14.42 Million |
| 2020 | 9.92% | 2.54% | 1.26x | 3.10x | €-160.00K |
| 2021 | 16.35% | 4.23% | 1.28x | 3.02x | €13.36 Million |
| 2022 | 14.29% | 3.73% | 1.28x | 3.00x | €9.46 Million |
| 2023 | 12.96% | 3.75% | 1.23x | 2.80x | €6.88 Million |
| 2024 | -0.81% | -0.22% | 1.27x | 2.91x | €-22.62 Million |
Industry Comparison
This section compares Lassila &Tikanoja Oyj's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $72,690,498
- Average return on equity (ROE) among peers: 12.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lassila &Tikanoja Oyj (LAT1V) | €215.80 Million | 18.65% | 1.91x | $67.58 Million |
| Foamit Oyj (FOAMIT) | $75.32 Million | 4.38% | 1.42x | $12.54 Million |
| Partnera Oyj (PARTNE1) | $70.06 Million | 19.85% | 0.43x | $11.85 Million |