Neles Oyj
Metso Oyj provides technologies, end-to-end solutions, and services for aggregates, minerals processing, and metals refining industries in Europe, North and Central America, South America, the Asia Pacific, Africa, the Middle East, and India. The company operates in three segments: Aggregates, Minerals, and Metals. It offers a range of equipment, parts, and services for quarries, aggregates contr… Read more
Neles Oyj (METSO_old) - Net Assets
Latest net assets as of March 2023: €2.48 Billion EUR
Based on the latest financial reports, Neles Oyj (METSO_old) has net assets worth €2.48 Billion EUR as of March 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€6.83 Billion) and total liabilities (€4.36 Billion). 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 | €2.48 Billion |
| % of Total Assets | 36.22% |
| Annual Growth Rate | 2.27% |
| 5-Year Change | 65.89% |
| 10-Year Change | 98.9% |
| Growth Volatility | 16.51 |
Neles Oyj - Net Assets Trend (2000–2022)
This chart illustrates how Neles 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 Neles Oyj (2000–2022)
The table below shows the annual net assets of Neles Oyj from 2000 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | €2.35 Billion | +4.35% |
| 2021-12-31 | €2.25 Billion | +10.34% |
| 2020-12-31 | €2.04 Billion | +33.68% |
| 2019-12-31 | €1.53 Billion | +7.77% |
| 2018-12-31 | €1.42 Billion | +4.81% |
| 2017-12-31 | €1.35 Billion | -6.12% |
| 2016-12-31 | €1.44 Billion | -0.35% |
| 2015-12-31 | €1.44 Billion | +17.49% |
| 2014-12-31 | €1.23 Billion | +4.06% |
| 2013-12-31 | €1.18 Billion | -46.97% |
| 2012-12-31 | €2.23 Billion | +4.26% |
| 2011-12-31 | €2.14 Billion | +3.14% |
| 2010-12-31 | €2.07 Billion | +15.57% |
| 2009-12-31 | €1.79 Billion | +23.33% |
| 2008-12-31 | €1.45 Billion | -10.03% |
| 2007-12-31 | €1.61 Billion | +9.57% |
| 2006-12-31 | €1.47 Billion | +14.09% |
| 2005-12-31 | €1.29 Billion | +22.23% |
| 2004-12-31 | €1.06 Billion | +2.62% |
| 2003-12-31 | €1.03 Billion | -25.85% |
| 2002-12-31 | €1.39 Billion | -5.89% |
| 2001-12-31 | €1.48 Billion | +3.00% |
| 2000-12-31 | €1.43 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Neles 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 277.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €1.24 Billion | 53.07% |
| Other Components | €1.10 Billion | 46.93% |
| Total Equity | €2.34 Billion | 100.00% |
Neles Oyj Competitors by Market Cap
The table below lists competitors of Neles Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MTN Group Ltd PK
PINK:MTNOY
|
$7.35 Billion |
|
FirstCash Inc
NASDAQ:FCFS
|
$7.36 Billion |
|
Exor NV
PINK:EXXRF
|
$7.37 Billion |
|
Klabin Sa A
PINK:KLBAY
|
$7.37 Billion |
|
Henry Schein Inc
NASDAQ:HSIC
|
$7.35 Billion |
|
SINOPHARM GROUP 1/5/O.N.
F:X2S1
|
$7.34 Billion |
|
Vaxcyte Inc
NASDAQ:PCVX
|
$7.34 Billion |
|
Xero Ltd
AU:XRO
|
$7.33 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neles Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 2,250,000,000 to 2,342,000,000, a change of 92,000,000 (4.1%).
- Net income of 301,000,000 contributed positively to equity growth.
- Dividend payments of 198,000,000 reduced retained earnings.
- Share repurchases of 25,000,000 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €301.00 Million | +12.85% |
| Dividends Paid | €198.00 Million | -8.45% |
| Share Repurchases | €25.00 Million | -1.07% |
| Other Changes | €14.00 Million | +0.6% |
| Total Change | €- | 4.09% |
Book Value vs Market Value Analysis
This analysis compares Neles 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: 3.97x
- 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 increased from 1.35x to 3.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | €8.38 | €11.27 | x |
| 2020-12-31 | €2.46 | €11.27 | x |
| 2021-12-31 | €2.72 | €11.27 | x |
| 2022-12-31 | €2.84 | €11.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neles 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): 12.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.68%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 2.88x
- Recent ROE (12.85%) is below the historical average (15.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 8.49% | 3.11% | 1.09x | 2.50x | €-21.50 Million |
| 2001 | 10.14% | 3.43% | 0.86x | 3.43x | €2.10 Million |
| 2002 | 4.71% | 1.39% | 1.07x | 3.19x | €-72.90 Million |
| 2004 | 6.56% | 1.74% | 1.11x | 3.40x | €-36.20 Million |
| 2005 | 17.04% | 5.19% | 1.08x | 3.04x | €90.50 Million |
| 2006 | 27.86% | 8.25% | 1.00x | 3.38x | €262.20 Million |
| 2007 | 23.69% | 6.10% | 1.19x | 3.27x | €220.20 Million |
| 2008 | 26.94% | 6.08% | 1.16x | 3.82x | €244.60 Million |
| 2009 | 8.41% | 2.99% | 0.88x | 3.21x | €-28.30 Million |
| 2010 | 12.54% | 4.63% | 0.89x | 3.04x | €52.10 Million |
| 2011 | 16.83% | 5.36% | 1.00x | 3.13x | €144.50 Million |
| 2012 | 16.90% | 4.97% | 1.13x | 3.01x | €152.30 Million |
| 2013 | 20.29% | 6.17% | 1.05x | 3.14x | €120.70 Million |
| 2014 | 15.40% | 5.14% | 1.07x | 2.79x | €65.90 Million |
| 2015 | 30.78% | 14.85% | 0.93x | 2.23x | €298.40 Million |
| 2016 | 9.08% | 5.03% | 0.80x | 2.26x | €-13.10 Million |
| 2017 | 7.59% | 3.77% | 0.82x | 2.45x | €-32.40 Million |
| 2018 | 16.36% | 7.25% | 0.97x | 2.33x | €89.40 Million |
| 2019 | 19.76% | 45.61% | 0.17x | 2.55x | €148.70 Million |
| 2020 | 6.77% | 4.16% | 0.60x | 2.70x | €-65.70 Million |
| 2021 | 15.20% | 8.07% | 0.73x | 2.59x | €117.00 Million |
| 2022 | 12.85% | 5.68% | 0.78x | 2.88x | €66.80 Million |
Industry Comparison
This section compares Neles Oyj's net assets metrics with peer companies in the Machinery, Tools, Heavy Vehicles, Trains & Ships industry.
No peer company data available for comparison.