Musti Group Oyj
Musti Group Oyj operates as a pet care specialist in Finland, Sweden, and Norway. It offers pet foods and products. The company also provides veterinary, welfare, and trimming services. It sells its products under the Arken Zoo, Vetzoo, Musti ja Mirri, Musti ja Mirri, Peten Koiratarvike, and Musti brands through stores and online. The company was founded in 1988 and is based in Helsinki, Finland.… Read more
Musti Group Oyj (MUSTI) - Net Assets
Latest net assets as of September 2025: €166.59 Million EUR
Based on the latest financial reports, Musti Group Oyj (MUSTI) has net assets worth €166.59 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 (€454.92 Million) and total liabilities (€288.33 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 | €166.59 Million |
| % of Total Assets | 36.62% |
| Annual Growth Rate | 9.83% |
| 5-Year Change | 7.92% |
| 10-Year Change | N/A |
| Growth Volatility | 18.09 |
Musti Group Oyj - Net Assets Trend (2016–2024)
This chart illustrates how Musti Group 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 Musti Group Oyj (2016–2024)
The table below shows the annual net assets of Musti Group Oyj from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | €165.42 Million | +0.63% |
| 2023-09-30 | €164.39 Million | +2.51% |
| 2022-09-30 | €160.37 Million | +2.16% |
| 2021-09-30 | €156.98 Million | +2.41% |
| 2020-09-30 | €153.28 Million | +55.74% |
| 2019-09-30 | €98.42 Million | +3.42% |
| 2018-09-30 | €95.17 Million | +21.59% |
| 2017-09-30 | €78.27 Million | +0.20% |
| 2016-09-30 | €78.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Musti 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 7718700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €45.27 Million | 27.38% |
| Common Stock | €11.00 Million | 6.66% |
| Other Comprehensive Income | €112.82 Million | 68.25% |
| Total Equity | €165.30 Million | 100.00% |
Musti Group Oyj Competitors by Market Cap
The table below lists competitors of Musti Group Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ZHOU HEI YA HLDG -000001
F:ZHY
|
$76.53 Million |
|
K-Fast Holding AB (publ)
ST:KFAST-B
|
$76.54 Million |
|
Kish Bancorp Inc
OTCQX:KISB
|
$76.56 Million |
|
Cantargia AB
ST:CANTA
|
$76.57 Million |
|
ÖKOWORLD AG
F:VVV3
|
$76.52 Million |
|
Sogefi S.p.A.
LSE:0NV0
|
$76.51 Million |
|
Jw Life Science Corp
KO:234080
|
$76.50 Million |
|
Jutal Offshore Oil Services Ltd
PINK:JUTOF
|
$76.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Musti Group Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 164,299,000 to 165,304,000, a change of 1,005,000 (0.6%).
- Net income of 3,627,000 contributed positively to equity growth.
- Dividend payments of 26,000 reduced retained earnings.
- Other comprehensive income increased equity by 196,999.
- Other factors decreased equity by 2,792,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.63 Million | +2.19% |
| Dividends Paid | €26.00K | -0.02% |
| Other Comprehensive Income | €197.00K | +0.12% |
| Other Changes | €-2.79 Million | -1.69% |
| Total Change | €- | 0.61% |
Book Value vs Market Value Analysis
This analysis compares Musti 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: 3.63x
- 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 7.31x to 3.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €2.44 | €17.84 | x |
| 2018-09-30 | €2.97 | €17.84 | x |
| 2019-09-30 | €3.46 | €17.84 | x |
| 2020-09-30 | €4.82 | €17.84 | x |
| 2021-09-30 | €4.66 | €17.84 | x |
| 2022-09-30 | €4.77 | €17.84 | x |
| 2023-09-30 | €4.89 | €17.84 | x |
| 2024-09-30 | €4.92 | €17.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Musti 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): 2.19%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.83%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 2.52x
- Recent ROE (2.19%) is below the historical average (6.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.16% | 0.07% | 0.69x | 3.12x | €-7.69 Million |
| 2018 | -6.70% | -2.95% | 0.76x | 2.98x | €-15.88 Million |
| 2019 | 3.02% | 1.20% | 0.88x | 2.84x | €-6.86 Million |
| 2020 | 7.65% | 4.12% | 0.91x | 2.04x | €-3.60 Million |
| 2021 | 13.31% | 6.12% | 1.01x | 2.15x | €5.19 Million |
| 2022 | 13.93% | 5.71% | 1.05x | 2.32x | €6.30 Million |
| 2023 | 16.10% | 6.21% | 1.08x | 2.40x | €10.02 Million |
| 2024 | 2.19% | 0.83% | 1.05x | 2.52x | €-12.90 Million |
Industry Comparison
This section compares Musti Group Oyj's net assets metrics with peer companies in the Personal Services industry.
No peer company data available for comparison.