Pihlajalinna Oy (PIHLIS) - Net Assets

Latest as of March 2026: €167.80 Million EUR ≈ $196.18 Million USD

Based on the latest financial reports, Pihlajalinna Oy (PIHLIS) has net assets worth €167.80 Million EUR (≈ $196.18 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€575.10 Million ≈ $672.35 Million USD) and total liabilities (€407.30 Million ≈ $476.18 Million 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. Check Pihlajalinna Oy tangible book value ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€167.80 Million
% of Total Assets	29.18%
Annual Growth Rate	21.14%
5-Year Change	40.77%
10-Year Change	70.87%
Growth Volatility	207.14

Pihlajalinna Oy - Net Assets Trend (2011–2025)

This chart illustrates how Pihlajalinna Oy's net assets have evolved over time, based on quarterly financial data. See Pihlajalinna Oy liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Pihlajalinna Oy (2011–2025)

The table below shows the annual net assets of Pihlajalinna Oy from 2011 to 2025. For live valuation and market cap data, see PIHLIS stock market capitalisation.

Year	Net Assets	Change
2025-12-31	€172.60 Million ≈ $201.79 Million	+2.21%
2024-12-31	€168.87 Million ≈ $197.42 Million	+16.79%
2023-12-31	€144.59 Million ≈ $169.04 Million	+17.66%
2022-12-31	€122.89 Million ≈ $143.67 Million	+0.23%
2021-12-31	€122.61 Million ≈ $143.35 Million	+6.63%
2020-12-31	€114.99 Million ≈ $134.44 Million	+8.40%
2019-12-31	€106.08 Million ≈ $124.02 Million	-19.12%
2018-12-31	€131.16 Million ≈ $153.34 Million	+23.90%
2017-12-31	€105.86 Million ≈ $123.76 Million	+4.80%
2016-12-31	€101.01 Million ≈ $118.09 Million	+8.09%
2015-12-31	€93.45 Million ≈ $109.26 Million	+798.58%
2014-12-31	€10.40 Million ≈ $12.16 Million	-72.85%
2013-12-31	€38.30 Million ≈ $44.78 Million	+28.96%
2012-12-31	€29.70 Million ≈ $34.72 Million	+152.40%
2011-12-31	€11.77 Million ≈ $13.76 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Pihlajalinna Oy'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 2923.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€53.60 Million	31.42%
Common Stock	€100.00K	0.06%
Other Comprehensive Income	€500.00K	0.29%
Other Components	€116.40 Million	68.23%
Total Equity	€170.60 Million	100.00%

Pihlajalinna Oy Competitors by Market Cap

The table below lists competitors of Pihlajalinna Oy ranked by their market capitalization.

Company	Market Cap
Caisse Régionale de Crédit Agricole du Morbihan PA:CMO	$244.15 Million
Formosa Oilseed Processing Co Ltd TW:1225	$244.25 Million
Shattuck Labs Inc NASDAQ:STTK	$244.26 Million
Sino AG F:XTP	$244.27 Million
Pioneer High Income Closed Fund NYSE:PHT	$244.12 Million
W&T Offshore Inc NYSE:WTI	$243.99 Million
Zona Franca de Iquique S.A SN:ZOFRI	$243.99 Million
Danal Co. Ltd KQ:064260	$243.98 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 170,720,000 to 170,600,000, a change of -120,000 (-0.1%).
Net income of 37,600,000 contributed positively to equity growth.
Dividend payments of 9,900,000 reduced retained earnings.
Share repurchases of 3,100,000 reduced equity.
Other comprehensive income decreased equity by 137,126,999.
Other factors increased equity by 112,406,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€37.60 Million	+22.04%
Dividends Paid	€9.90 Million	-5.8%
Share Repurchases	€3.10 Million	-1.82%
Other Comprehensive Income	€-137.13 Million	-80.38%
Other Changes	€112.41 Million	+65.89%
Total Change	€-	-0.07%

Book Value vs Market Value Analysis

This analysis compares Pihlajalinna Oy'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: 1.37x
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 3.30x to 1.37x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	€3.14	€10.36	x
2013-12-31	€2.96	€10.36	x
2014-12-31	€0.71	€10.36	x
2015-12-31	€5.49	€10.36	x
2016-12-31	€4.74	€10.36	x
2017-12-31	€4.87	€10.36	x
2018-12-31	€5.48	€10.36	x
2019-12-31	€4.47	€10.36	x
2020-12-31	€4.86	€10.36	x
2021-12-31	€5.27	€10.36	x
2022-12-31	€5.49	€10.36	x
2023-12-31	€5.68	€10.36	x
2024-12-31	€7.58	€10.36	x
2025-12-31	€7.58	€10.36	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pihlajalinna Oy 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): 22.04%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.76%
• Asset Turnover: 1.09x
• Equity Multiplier: 3.51x
Recent ROE (22.04%) is above the historical average (9.54%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	3.82%	2.33%	0.50x	3.31x	€-1.78 Million
2013	11.83%	4.21%	0.98x	2.86x	€680.00K
2014	18.22%	0.99%	1.33x	13.90x	€773.00K
2015	0.50%	0.22%	1.15x	2.01x	€-8.75 Million
2016	8.23%	2.02%	1.83x	2.23x	€-1.73 Million
2017	9.49%	2.24%	1.67x	2.53x	€-514.30K
2018	3.14%	0.78%	1.40x	2.87x	€-8.36 Million
2019	3.33%	0.65%	1.18x	4.34x	€-6.75 Million
2020	7.91%	1.71%	1.15x	4.03x	€-2.29 Million
2021	16.87%	3.48%	1.26x	3.84x	€8.18 Million
2022	7.68%	1.38%	1.04x	5.34x	€-2.88 Million
2023	4.47%	0.80%	1.10x	5.14x	€-7.07 Million
2024	16.03%	3.88%	1.12x	3.69x	€10.29 Million
2025	22.04%	5.76%	1.09x	3.51x	€20.54 Million

Industry Comparison

This section compares Pihlajalinna Oy's net assets metrics with peer companies in the Medical Care Facilities industry.

Industry Context

Industry: Medical Care Facilities
Average net assets among peers: $548,200,000
Average return on equity (ROE) among peers: 13.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pihlajalinna Oy (PIHLIS)	€167.80 Million	3.82%	2.43x	$244.13 Million
Terveystalo Oy (TTALO)	$548.20 Million	13.08%	1.55x	$1.10 Billion

About Pihlajalinna Oy

HE:PIHLIS Finland Medical Care Facilities

Market Cap

$272.28 Million

€232.89 Million EUR

Market Cap Rank

#15853 Global

#68 in Finland

Share Price

€10.36

Change (1 day)

-1.33%

52-Week Range

€10.36 - €17.00

All Time High

€17.67