Rapala VMC Oyj (RAP1V) - Net Assets
Based on the latest financial reports, Rapala VMC Oyj (RAP1V) has net assets worth €149.50 Million EUR (≈ $174.78 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€286.10 Million ≈ $334.48 Million USD) and total liabilities (€136.60 Million ≈ $159.70 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 Rapala VMC Oyj liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €149.50 Million |
| % of Total Assets | 52.25% |
| Annual Growth Rate | 8.3% |
| 5-Year Change | 8.6% |
| 10-Year Change | 10.93% |
| Growth Volatility | 15.26 |
Rapala VMC Oyj - Net Assets Trend (2000–2024)
This chart illustrates how Rapala VMC Oyj's net assets have evolved over time, based on quarterly financial data. Also explore how large is Rapala VMC Oyj's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Rapala VMC Oyj (2000–2024)
The table below shows the annual net assets of Rapala VMC Oyj from 2000 to 2024. For live valuation and market cap data, see market cap of Rapala VMC Oyj.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €155.30 Million ≈ $181.56 Million |
-0.58% |
| 2023-12-31 | €156.20 Million ≈ $182.61 Million |
+12.37% |
| 2022-12-31 | €139.00 Million ≈ $162.51 Million |
-0.22% |
| 2021-12-31 | €139.30 Million ≈ $162.86 Million |
-2.59% |
| 2020-12-31 | €143.00 Million ≈ $167.18 Million |
-5.61% |
| 2019-12-31 | €151.50 Million ≈ $177.12 Million |
+2.99% |
| 2018-12-31 | €147.10 Million ≈ $171.98 Million |
+3.16% |
| 2017-12-31 | €142.60 Million ≈ $166.71 Million |
+4.78% |
| 2016-12-31 | €136.10 Million ≈ $159.12 Million |
-2.79% |
| 2015-12-31 | €140.00 Million ≈ $163.67 Million |
+2.49% |
| 2014-12-31 | €136.60 Million ≈ $159.70 Million |
+1.11% |
| 2013-12-31 | €135.10 Million ≈ $157.95 Million |
-2.10% |
| 2012-12-31 | €138.00 Million ≈ $161.34 Million |
+1.62% |
| 2011-12-31 | €135.80 Million ≈ $158.76 Million |
+5.11% |
| 2010-12-31 | €129.20 Million ≈ $151.05 Million |
+15.67% |
| 2009-12-31 | €111.70 Million ≈ $130.59 Million |
+7.71% |
| 2008-12-31 | €103.70 Million ≈ $121.24 Million |
+7.02% |
| 2007-12-31 | €96.90 Million ≈ $113.29 Million |
+19.19% |
| 2006-12-31 | €81.30 Million ≈ $95.05 Million |
+5.17% |
| 2005-12-31 | €77.30 Million ≈ $90.37 Million |
+37.09% |
| 2004-12-31 | €56.39 Million ≈ $65.92 Million |
+3.87% |
| 2003-12-31 | €54.29 Million ≈ $63.47 Million |
+13.93% |
| 2002-12-31 | €47.65 Million ≈ $55.71 Million |
+25.35% |
| 2001-12-31 | €38.02 Million ≈ $44.44 Million |
+66.06% |
| 2000-12-31 | €22.89 Million ≈ $26.76 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Rapala VMC 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 1141.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €113.00 Million | 72.76% |
| Common Stock | €3.60 Million | 2.32% |
| Other Comprehensive Income | €25.00 Million | 16.10% |
| Other Components | €13.70 Million | 8.82% |
| Total Equity | €155.30 Million | 100.00% |
Rapala VMC Oyj Competitors by Market Cap
The table below lists competitors of Rapala VMC Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Phinergy Ltd
TA:PNRG
|
$47.64 Million |
|
Nuveen New York Select Tax-Free Income Portfolio
NYSE:NXN
|
$47.65 Million |
|
Cenit Co. Ltd
KQ:037760
|
$47.70 Million |
|
Granprade
JSE:GPL
|
$47.70 Million |
|
Pratama Widya Tbk Pt
JK:PTPW
|
$47.60 Million |
|
Roscan Gold Corp
V:ROS
|
$47.58 Million |
|
Korea Computer Inc
KQ:054040
|
$47.58 Million |
|
Spectral AI Inc.
NASDAQ:MDAI
|
$47.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rapala VMC Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 126,300,000 to 155,300,000, a change of 29,000,000 (23.0%).
- Net income of 400,000 contributed positively to equity growth.
- Share repurchases of 3,800,000 reduced equity.
- Other comprehensive income increased equity by 31,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €400.00K | +0.26% |
| Share Repurchases | €3.80 Million | -2.45% |
| Other Comprehensive Income | €31.10 Million | +20.03% |
| Other Changes | €1.30 Million | +0.84% |
| Total Change | €- | 22.96% |
Book Value vs Market Value Analysis
This analysis compares Rapala VMC 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: 0.30x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.96x to 0.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €1.26 | €1.21 | x |
| 2003-12-31 | €1.43 | €1.21 | x |
| 2004-12-31 | €1.49 | €1.21 | x |
| 2005-12-31 | €2.03 | €1.21 | x |
| 2006-12-31 | €2.09 | €1.21 | x |
| 2007-12-31 | €2.48 | €1.21 | x |
| 2008-12-31 | €2.54 | €1.21 | x |
| 2009-12-31 | €2.74 | €1.21 | x |
| 2010-12-31 | €3.12 | €1.21 | x |
| 2011-12-31 | €3.30 | €1.21 | x |
| 2012-12-31 | €3.31 | €1.21 | x |
| 2013-12-31 | €3.18 | €1.21 | x |
| 2014-12-31 | €3.35 | €1.21 | x |
| 2015-12-31 | €3.43 | €1.21 | x |
| 2016-12-31 | €3.33 | €1.21 | x |
| 2017-12-31 | €3.54 | €1.21 | x |
| 2018-12-31 | €3.71 | €1.21 | x |
| 2019-12-31 | €3.83 | €1.21 | x |
| 2020-12-31 | €3.57 | €1.21 | x |
| 2021-12-31 | €3.57 | €1.21 | x |
| 2022-12-31 | €3.56 | €1.21 | x |
| 2023-12-31 | €3.25 | €1.21 | x |
| 2024-12-31 | €3.99 | €1.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rapala VMC 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): 0.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.18%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.89x
- Recent ROE (0.26%) is below the historical average (9.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 31.48% | 8.63% | 0.86x | 4.23x | €10.12 Million |
| 2003 | 21.13% | 5.18% | 1.28x | 3.19x | €5.99 Million |
| 2004 | 15.62% | 4.99% | 0.96x | 3.25x | €3.13 Million |
| 2005 | 19.12% | 7.50% | 0.86x | 2.98x | €7.01 Million |
| 2006 | 13.38% | 4.77% | 0.93x | 3.02x | €2.73 Million |
| 2007 | 18.02% | 7.13% | 0.96x | 2.64x | €7.70 Million |
| 2008 | 19.22% | 7.90% | 0.89x | 2.74x | €9.21 Million |
| 2009 | 13.30% | 6.10% | 0.90x | 2.43x | €3.55 Million |
| 2010 | 17.08% | 7.72% | 0.89x | 2.50x | €8.62 Million |
| 2011 | 10.89% | 5.01% | 0.89x | 2.45x | €1.14 Million |
| 2012 | 7.85% | 3.47% | 0.89x | 2.54x | €-2.76 Million |
| 2013 | 10.15% | 4.36% | 0.94x | 2.47x | €190.00K |
| 2014 | 7.17% | 3.37% | 0.88x | 2.42x | €-3.64 Million |
| 2015 | 5.10% | 2.41% | 0.89x | 2.38x | €-6.45 Million |
| 2016 | -2.35% | -1.15% | 0.82x | 2.48x | €-15.75 Million |
| 2017 | 1.77% | 0.95% | 0.95x | 1.96x | €-11.17 Million |
| 2018 | 4.30% | 2.32% | 0.95x | 1.95x | €-8.10 Million |
| 2019 | 3.00% | 1.60% | 0.95x | 1.97x | €-10.29 Million |
| 2020 | 2.47% | 1.30% | 0.96x | 1.98x | €-10.38 Million |
| 2021 | 13.07% | 6.18% | 0.93x | 2.26x | €4.27 Million |
| 2022 | 2.66% | 1.35% | 0.81x | 2.43x | €-10.20 Million |
| 2023 | -5.78% | -3.29% | 0.74x | 2.38x | €-19.93 Million |
| 2024 | 0.26% | 0.18% | 0.75x | 1.89x | €-15.13 Million |
Industry Comparison
This section compares Rapala VMC Oyj's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $130,543,000
- Average return on equity (ROE) among peers: 20.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rapala VMC Oyj (RAP1V) | €149.50 Million | 31.48% | 0.91x | $47.62 Million |
| Harvia Oyj (HARVIA) | $130.54 Million | 20.25% | 1.08x | $742.01 Million |
About Rapala VMC Oyj
Rapala VMC Corporation, together with its subsidiaries, operates as a fishing tackle company worldwide. The company offers fishing tackle products, such as lures and baits, fishing hooks, and fishing lines and accessories. It also manufactures products for fishing tackle equipment, winter sports, and other non-fishing businesses; and third-party products for outdoor. The company offers its produc… Read more