Reka Industrial Oyj
Reka Industrial Oyj manufactures and sells rubber products in Finland and Poland. The company offers technical rubber products comprising moulded products, rubber-metal products, heavy profiles, and shaped hoses. It serves OEM's in the transportation equipment and mechanical engineering industries. The company was formerly known as Neo Industrial Plc and changed its name to Reka Industrial Oyj in… Read more
Reka Industrial Oyj (REKA) - Net Assets
Latest net assets as of June 2025: €44.34 Million EUR
Based on the latest financial reports, Reka Industrial Oyj (REKA) has net assets worth €44.34 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€63.14 Million) and total liabilities (€18.80 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 | €44.34 Million |
| % of Total Assets | 70.22% |
| Annual Growth Rate | -0.45% |
| 5-Year Change | 288.87% |
| 10-Year Change | 638.49% |
| Growth Volatility | 48.68 |
Reka Industrial Oyj - Net Assets Trend (2002–2024)
This chart illustrates how Reka Industrial 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 Reka Industrial Oyj (2002–2024)
The table below shows the annual net assets of Reka Industrial Oyj from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €43.03 Million | -22.05% |
| 2023-12-31 | €55.20 Million | +159.79% |
| 2022-12-31 | €21.25 Million | +110.60% |
| 2021-12-31 | €10.09 Million | -8.82% |
| 2020-12-31 | €11.07 Million | +58.93% |
| 2019-12-31 | €6.96 Million | -14.77% |
| 2018-12-31 | €8.17 Million | -24.06% |
| 2017-12-31 | €10.76 Million | +39.29% |
| 2016-12-31 | €7.72 Million | +32.56% |
| 2015-12-31 | €5.83 Million | -38.18% |
| 2014-12-31 | €9.43 Million | +26.42% |
| 2013-12-31 | €7.46 Million | -14.08% |
| 2012-12-31 | €8.68 Million | -30.31% |
| 2011-12-31 | €12.45 Million | -63.31% |
| 2010-12-31 | €33.94 Million | -25.31% |
| 2009-12-31 | €45.44 Million | -9.60% |
| 2008-12-31 | €50.26 Million | -15.77% |
| 2007-12-31 | €59.67 Million | -1.32% |
| 2006-12-31 | €60.47 Million | +3.55% |
| 2005-12-31 | €58.40 Million | +12.56% |
| 2004-12-31 | €51.88 Million | +6.82% |
| 2003-12-31 | €48.57 Million | +2.10% |
| 2002-12-31 | €47.57 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Reka Industrial 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 14220.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €17.33 Million | 40.27% |
| Common Stock | €24.08 Million | 55.96% |
| Other Comprehensive Income | €1.69 Million | 3.93% |
| Total Equity | €43.03 Million | 100.00% |
Reka Industrial Oyj Competitors by Market Cap
The table below lists competitors of Reka Industrial Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Panorama Sentrawisata Tbk
JK:PANR
|
$9.37 Million |
|
Pinedale Energy Limited
V:MCF
|
$9.37 Million |
|
Giga Media Ltd
NASDAQ:GIGM
|
$9.37 Million |
|
Sun Vending Technology PCL
BK:SVT
|
$9.37 Million |
|
Prakit Holdings Public Company Limited
BK:PRAKIT
|
$9.36 Million |
|
Trinity Watthana Public Company Limited
BK:TNITY
|
$9.36 Million |
|
Quetta Acquisition Corporation Unit
NASDAQ:QETAU
|
$9.36 Million |
|
ASIAN PALM OIL PUBLIC COMPANY LIMITED
BK:APO
|
$9.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Reka Industrial Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,205,000 to 43,032,000, a change of -12,173,000 (-22.1%).
- Net income of 418,000 contributed positively to equity growth.
- Dividend payments of 11,966,000 reduced retained earnings.
- Other comprehensive income increased equity by 22,000.
- Other factors decreased equity by 647,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €418.00K | +0.97% |
| Dividends Paid | €11.97 Million | -27.81% |
| Other Comprehensive Income | €22.00K | +0.05% |
| Other Changes | €-647.00K | -1.5% |
| Total Change | €- | -22.05% |
Book Value vs Market Value Analysis
This analysis compares Reka Industrial 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: 0.59x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €7.88 | €4.21 | x |
| 2003-12-31 | €8.07 | €4.21 | x |
| 2004-12-31 | €8.62 | €4.21 | x |
| 2005-12-31 | €9.70 | €4.21 | x |
| 2006-12-31 | €10.04 | €4.21 | x |
| 2007-12-31 | €9.91 | €4.21 | x |
| 2008-12-31 | €8.32 | €4.21 | x |
| 2009-12-31 | €7.38 | €4.21 | x |
| 2010-12-31 | €5.63 | €4.21 | x |
| 2011-12-31 | €2.29 | €4.21 | x |
| 2012-12-31 | €1.49 | €4.21 | x |
| 2013-12-31 | €1.26 | €4.21 | x |
| 2014-12-31 | €1.58 | €4.21 | x |
| 2015-12-31 | €0.97 | €4.21 | x |
| 2016-12-31 | €1.28 | €4.21 | x |
| 2017-12-31 | €1.80 | €4.21 | x |
| 2018-12-31 | €1.37 | €4.21 | x |
| 2019-12-31 | €1.17 | €4.21 | x |
| 2020-12-31 | €1.66 | €4.21 | x |
| 2021-12-31 | €1.70 | €4.21 | x |
| 2022-12-31 | €3.56 | €4.21 | x |
| 2023-12-31 | €9.23 | €4.21 | x |
| 2024-12-31 | €7.19 | €4.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Reka Industrial 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): 0.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.54%
- • Asset Turnover: 0.46x
- • Equity Multiplier: 1.38x
- Recent ROE (0.97%) is above the historical average (-9.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -4.41% | -23.22% | 0.19x | 1.01x | €-6.85 Million |
| 2003 | 3.22% | 9.90% | 0.32x | 1.01x | €-3.30 Million |
| 2004 | 7.31% | 21.11% | 0.22x | 1.59x | €-1.40 Million |
| 2005 | 6.21% | 54.16% | 0.07x | 1.71x | €-2.21 Million |
| 2006 | 6.42% | 48.30% | 0.08x | 1.70x | €-2.17 Million |
| 2007 | 1.93% | 1.85% | 0.59x | 1.78x | €-4.81 Million |
| 2008 | -10.03% | -4.32% | 1.09x | 2.12x | €-10.03 Million |
| 2009 | -8.80% | -5.60% | 0.72x | 2.18x | €-8.27 Million |
| 2010 | -31.76% | -12.70% | 0.78x | 3.21x | €-13.93 Million |
| 2011 | -214.76% | -24.02% | 1.24x | 7.22x | €-30.46 Million |
| 2012 | -84.16% | -6.99% | 1.69x | 7.14x | €-8.30 Million |
| 2013 | -15.60% | -1.40% | 1.76x | 6.33x | €-1.91 Million |
| 2014 | 18.96% | 2.23% | 1.79x | 4.75x | €844.40K |
| 2015 | -63.34% | -4.36% | 1.72x | 8.45x | €-4.27 Million |
| 2016 | 42.93% | 3.28% | 2.29x | 5.72x | €2.54 Million |
| 2017 | 28.29% | 2.75% | 2.56x | 4.02x | €1.97 Million |
| 2018 | -6.45% | -0.51% | 2.24x | 5.66x | €-1.34 Million |
| 2019 | -20.68% | -1.48% | 1.65x | 8.47x | €-2.14 Million |
| 2020 | 9.66% | 0.79% | 1.65x | 7.39x | €-33.50K |
| 2021 | 9.77% | 4.04% | 0.34x | 7.16x | €-23.00K |
| 2022 | 42.25% | 29.46% | 0.35x | 4.10x | €6.85 Million |
| 2023 | 62.46% | 112.75% | 0.43x | 1.30x | €28.96 Million |
| 2024 | 0.97% | 1.54% | 0.46x | 1.38x | €-3.89 Million |
Industry Comparison
This section compares Reka Industrial Oyj's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $52,629,000
- Average return on equity (ROE) among peers: -8.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Reka Industrial Oyj (REKA) | €44.34 Million | -4.41% | 0.42x | $9.36 Million |
| Kempower Oyj (KEMPOWR) | $101.90 Million | -12.17% | 1.42x | $276.12 Million |
| Tamtron Group Oyj (TAMTRON) | $3.36 Million | -4.05% | 5.69x | $6.89 Million |