Mandatum Oyj Net Assets

Latest as of March 2026: €1.41 Billion EUR ≈ $1.65 Billion USD

Mandatum Oyj net assets. Based on the latest financial reports, Mandatum Oyj (MANTA) has net assets worth €1.41 Billion EUR (≈ $1.65 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€18.61 Billion ≈ $21.76 Billion USD) and total liabilities (€17.20 Billion ≈ $20.11 Billion 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. Also explore MANTA net assets growth trend to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€1.41 Billion
% of Total Assets	7.59%
Annual Growth Rate	-1.99%
5-Year Change	-19.87%
10-Year Change	N/A
Growth Volatility	8.05

Net Assets of Mandatum Oyj (2020–2025)

Net assets of Mandatum Oyj from 2020 to 2025. This chart illustrates how Mandatum Oyj's net assets have evolved over time, based on quarterly financial data. See net asset quality index of Mandatum Oyj to measure how much of total assets are equity-financed.

Annual Net Assets for Mandatum Oyj (2020–2025)

The table below shows the annual net assets of Mandatum Oyj from 2020 to 2025. For live market cap and overall valuation, see Mandatum Oyj market capitalisation.

Year	Net Assets	Change
2025-12-31	€1.43 Billion ≈ $1.67 Billion	-10.71%
2024-12-31	€1.60 Billion ≈ $1.87 Billion	+0.15%
2023-12-31	€1.60 Billion ≈ $1.87 Billion	-5.47%
2022-12-31	€1.69 Billion ≈ $1.98 Billion	-5.21%
2021-12-31	€1.78 Billion ≈ $2.09 Billion	+12.88%
2020-12-31	€1.58 Billion ≈ $1.85 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Mandatum 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 12.7% over the analyzed period, indicating profitable operations and earnings retention.

Mandatum Oyj Net Assets Breakdown (December 2025)

Mandatum Oyj net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	€989.10 Million	69.20%
Common Stock	€100.00K	0.01%
Other Components	€440.10 Million	30.79%
Total Equity	€1.43 Billion	100.00%

Mandatum Oyj Competitors by Market Cap

The table below lists competitors of Mandatum Oyj ranked by their market capitalization.

Company	Market Cap
Boralex Inc TO:BLX	$2.74 Billion
Rede Energia Participações S.A SA:REDE3	$2.74 Billion
Poco Holding Co Ltd SHE:300811	$2.74 Billion
Neptune Insurance Holdings Inc. NYSE:NP	$2.74 Billion
Remitly Global Inc NASDAQ:RELY	$2.73 Billion
Neuland Laboratories Limited NSE:NEULANDLAB	$2.73 Billion
Hesai Group Sponsored ADR NASDAQ:HSAI	$2.73 Billion
Bufab Holding AB ST:BUFAB	$2.73 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mandatum Oyj's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,601,200,000 to 1,429,300,000, a change of -171,900,000 (-10.7%).
Net income of 156,000,000 contributed positively to equity growth.
Dividend payments of 331,800,000 reduced retained earnings.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€156.00 Million	+10.91%
Dividends Paid	€331.80 Million	-23.21%
Other Changes	€3.90 Million	+0.27%
Total Change	€-	-10.74%

Book Value vs Market Value Analysis

This analysis compares Mandatum 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: 2.09x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 1.88x to 2.09x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2020-12-31	€3.15	€5.93	x
2021-12-31	€3.56	€5.93	x
2022-12-31	€3.37	€5.93	x
2023-12-31	€3.19	€5.93	x
2024-12-31	€3.19	€5.93	x
2025-12-31	€2.84	€5.93	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mandatum 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): 10.91%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 34.43%
• Asset Turnover: 0.02x
• Equity Multiplier: 13.16x
Recent ROE (10.91%) is below the historical average (13.62%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2020	7.40%	7.17%	0.11x	9.24x	€-41.09 Million
2021	10.99%	6.57%	0.18x	9.28x	€17.75 Million
2022	32.08%	156.28%	0.02x	8.78x	€373.44 Million
2023	10.05%	48.26%	0.02x	10.22x	€770.00K
2024	10.30%	36.89%	0.02x	11.27x	€4.78 Million
2025	10.91%	34.43%	0.02x	13.16x	€13.07 Million

Industry Comparison

This section compares Mandatum Oyj's net assets metrics with peer companies in the Financial Conglomerates industry.

No peer company data available for comparison.

About Mandatum Oyj

HE:MANTA Finland Financial Conglomerates

Market Cap

$3.49 Billion

€2.98 Billion EUR

Market Cap Rank

#4979 Global

#19 in Finland

Share Price

€5.93

Change (1 day)

-1.09%

52-Week Range

€5.40 - €7.41

All Time High

€7.41