Orthex Oyj

HE:ORTHEX Finland Furnishings, Fixtures & Appliances
Market Cap
$83.12 Million
€80.98 Million EUR
Market Cap Rank
#20674 Global
#67 in Finland
Share Price
€4.56
Change (1 day)
-0.65%
52-Week Range
€4.45 - €5.22
All Time High
€11.16
About

Orthex Oyj, a houseware company, designs, produces, markets, and sells household products in Nordics, the rest of Europe, and internationally. The company offers storage boxes, water-resistant storage, extremely durable storage, colored and decorative storage, inserts and organizers, storage baskets, underbed storage, sorting and recycling, and food storage products; and home and yard products, s… Read more

Orthex Oyj (ORTHEX) - Net Assets

Latest net assets as of September 2025: €37.56 Million EUR

Based on the latest financial reports, Orthex Oyj (ORTHEX) has net assets worth €37.56 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 (€84.84 Million) and total liabilities (€47.28 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 €37.56 Million
% of Total Assets 44.27%
Annual Growth Rate 19.9%
5-Year Change 110.48%
10-Year Change N/A
Growth Volatility 29.97

Orthex Oyj - Net Assets Trend (2018–2024)

This chart illustrates how Orthex 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 Orthex Oyj (2018–2024)

The table below shows the annual net assets of Orthex Oyj from 2018 to 2024.

Year Net Assets Change
2024-12-31 €35.83 Million +4.04%
2023-12-31 €34.44 Million +15.90%
2022-12-31 €29.71 Million -6.56%
2021-12-31 €31.80 Million +86.81%
2020-12-31 €17.02 Million +18.50%
2019-12-31 €14.37 Million +19.15%
2018-12-31 €12.06 Million --

Equity Component Analysis

This analysis shows how different components contribute to Orthex 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 605.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €29.28 Million 81.73%
Common Stock €80.00K 0.22%
Other Comprehensive Income €6.47 Million 18.05%
Total Equity €35.83 Million 100.00%

Orthex Oyj Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 34,436,000 to 35,828,000, a change of 1,392,000 (4.0%).
  • Net income of 6,110,000 contributed positively to equity growth.
  • Dividend payments of 3,729,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 948,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €6.11 Million +17.05%
Dividends Paid €3.73 Million -10.41%
Other Comprehensive Income €-948.00K -2.65%
Other Changes €-41.00K -0.11%
Total Change €- 4.04%

Book Value vs Market Value Analysis

This analysis compares Orthex 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: 2.26x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 6.71x to 2.26x 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 €0.68 €4.56 x
2019-12-31 €0.81 €4.56 x
2020-12-31 €1.05 €4.56 x
2021-12-31 €1.82 €4.56 x
2022-12-31 €1.67 €4.56 x
2023-12-31 €1.94 €4.56 x
2024-12-31 €2.02 €4.56 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Orthex 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): 17.05%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.81%
  • • Asset Turnover: 1.05x
  • • Equity Multiplier: 2.39x
  • Recent ROE (17.05%) is above the historical average (14.05%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 -24.07% -4.64% 0.88x 5.90x €-4.11 Million
2019 14.05% 3.04% 0.93x 4.98x €582.50K
2020 45.19% 10.14% 1.01x 4.43x €5.99 Million
2021 18.98% 6.80% 1.00x 2.79x €2.86 Million
2022 7.14% 2.52% 1.03x 2.75x €-850.10K
2023 20.01% 8.02% 1.00x 2.48x €3.45 Million
2024 17.05% 6.81% 1.05x 2.39x €2.53 Million

Industry Comparison

This section compares Orthex Oyj's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.

Industry Context

  • Industry: Furnishings, Fixtures & Appliances
  • Average net assets among peers: $314,321,000
  • Average return on equity (ROE) among peers: 0.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Orthex Oyj (ORTHEX) €37.56 Million -24.07% 1.26x $56.15 Million
Martela Oyj A (MARAS) $314.32 Million 0.00% 0.73x $1.36 Million