Relais Group Oyj
Relais Group Oyj operates as a consolidator and acquisition platform for vehicle aftermarket in the Nordic and Baltic countries. It operates through two segments: Finland&Baltics and Scandinavia. The company imports and distributes spare parts and equipment; and offers repair and maintenance services for commercial vehicles and trailers. It also provides spare parts and equipment for cars and mar… Read more
Relais Group Oyj (RELAIS) - Net Assets
Latest net assets as of June 2025: €121.42 Million EUR
Based on the latest financial reports, Relais Group Oyj (RELAIS) has net assets worth €121.42 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 (€438.37 Million) and total liabilities (€316.94 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 | €121.42 Million |
| % of Total Assets | 27.7% |
| Annual Growth Rate | 38.94% |
| 5-Year Change | 62.71% |
| 10-Year Change | N/A |
| Growth Volatility | 79.33 |
Relais Group Oyj - Net Assets Trend (2015–2024)
This chart illustrates how Relais 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 Relais Group Oyj (2015–2024)
The table below shows the annual net assets of Relais Group Oyj from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €117.58 Million | +6.26% |
| 2023-12-31 | €110.66 Million | +6.42% |
| 2022-12-31 | €103.98 Million | +16.68% |
| 2021-12-31 | €89.12 Million | +23.32% |
| 2020-12-31 | €72.26 Million | +13.47% |
| 2019-12-31 | €63.68 Million | +270.93% |
| 2018-12-31 | €17.17 Million | +21.24% |
| 2017-12-31 | €14.16 Million | +56.74% |
| 2016-12-31 | €9.03 Million | +48.36% |
| 2015-12-31 | €6.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Relais 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 1068.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €52.31 Million | 44.49% |
| Common Stock | €80.00K | 0.07% |
| Other Comprehensive Income | €65.19 Million | 55.44% |
| Total Equity | €117.58 Million | 100.00% |
Relais Group Oyj Competitors by Market Cap
The table below lists competitors of Relais Group Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LAVIPHARM S.A. NA EO 1
F:BXA0
|
$72.41 Million |
|
Shanghai Hi-Road Food Technology Co. Ltd.
SHE:300915
|
$72.43 Million |
|
DT Cloud Star Acquisition Corporation Units
NASDAQ:DTSQU
|
$72.44 Million |
|
MSP Steel & Power Limited
NSE:MSPL
|
$72.46 Million |
|
Hong-Wei Electrical Industry & Co., Ltd.
TWO:4565
|
$72.40 Million |
|
Next Vision Stabilized Systems
TA:NXSN
|
$72.39 Million |
|
Centrum Medyczne ENEL-MED SA
WAR:ENE
|
$72.34 Million |
|
Abionyx Pharma SA
PA:ABNX
|
$72.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Relais Group Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 110,656,000 to 117,584,000, a change of 6,928,000 (6.3%).
- Net income of 18,533,000 contributed positively to equity growth.
- Dividend payments of 7,963,000 reduced retained earnings.
- Share repurchases of 1,000,000 reduced equity.
- Other comprehensive income decreased equity by 3,351,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €18.53 Million | +15.76% |
| Dividends Paid | €7.96 Million | -6.77% |
| Share Repurchases | €1.00 Million | -0.85% |
| Other Comprehensive Income | €-3.35 Million | -2.85% |
| Other Changes | €709.00K | +0.6% |
| Total Change | €- | 6.26% |
Book Value vs Market Value Analysis
This analysis compares Relais 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: 2.41x
- 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 47.38x to 2.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | €0.32 | €15.10 | x |
| 2016-12-31 | €0.44 | €15.10 | x |
| 2017-12-31 | €0.76 | €15.10 | x |
| 2018-12-31 | €1.80 | €15.10 | x |
| 2019-12-31 | €3.72 | €15.10 | x |
| 2020-12-31 | €4.10 | €15.10 | x |
| 2021-12-31 | €4.80 | €15.10 | x |
| 2022-12-31 | €5.54 | €15.10 | x |
| 2023-12-31 | €5.88 | €15.10 | x |
| 2024-12-31 | €6.26 | €15.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Relais 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): 15.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.74%
- • Asset Turnover: 0.98x
- • Equity Multiplier: 2.81x
- Recent ROE (15.76%) is below the historical average (27.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 96.20% | 8.01% | 1.43x | 8.40x | €3.86 Million |
| 2016 | 80.40% | 8.41% | 1.46x | 6.56x | €4.34 Million |
| 2017 | 35.28% | 6.23% | 1.35x | 4.20x | €2.70 Million |
| 2018 | 8.33% | 1.15% | 2.50x | 2.89x | €-275.84K |
| 2019 | 0.88% | 0.57% | 0.69x | 2.25x | €-5.81 Million |
| 2020 | 9.64% | 5.38% | 0.83x | 2.15x | €-257.55K |
| 2021 | 8.69% | 3.24% | 1.01x | 2.65x | €-1.16 Million |
| 2022 | 9.64% | 3.85% | 0.84x | 2.97x | €-369.40K |
| 2023 | 12.42% | 4.83% | 0.86x | 2.97x | €2.67 Million |
| 2024 | 15.76% | 5.74% | 0.98x | 2.81x | €6.77 Million |
Industry Comparison
This section compares Relais Group Oyj's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $7,122,000
- Average return on equity (ROE) among peers: 21.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Relais Group Oyj (RELAIS) | €121.42 Million | 96.20% | 2.61x | $72.40 Million |
| Duell Oyj (DUELL) | $7.12 Million | 21.44% | 4.89x | $6.57 Million |