Robit Oyj
Robit Oyj engages in the design, manufacture, and sale of drilling consumables for mining, quarrying, construction, and well drilling industries in Finland. The company provides hammer drilling products, including button bits; overburden drilling bits; reaming equipment, including adapters, reamers, and dome reamers; rods, which include standard mm and mf rods, fully carburized mm and mf rods, an… Read more
Robit Oyj (ROBIT) - Net Assets
Latest net assets as of June 2025: €42.78 Million EUR
Based on the latest financial reports, Robit Oyj (ROBIT) has net assets worth €42.78 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 (€84.53 Million) and total liabilities (€41.74 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 | €42.78 Million |
| % of Total Assets | 50.61% |
| Annual Growth Rate | 14.36% |
| 5-Year Change | -1.66% |
| 10-Year Change | -3.58% |
| Growth Volatility | 74.57 |
Robit Oyj - Net Assets Trend (2011–2024)
This chart illustrates how Robit 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 Robit Oyj (2011–2024)
The table below shows the annual net assets of Robit Oyj from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €46.21 Million | +1.27% |
| 2023-12-31 | €45.63 Million | -10.22% |
| 2022-12-31 | €50.82 Million | +3.48% |
| 2021-12-31 | €49.11 Million | +4.52% |
| 2020-12-31 | €46.99 Million | -7.36% |
| 2019-12-31 | €50.72 Million | -12.19% |
| 2018-12-31 | €57.76 Million | -37.29% |
| 2017-12-31 | €92.12 Million | +78.34% |
| 2016-12-31 | €51.65 Million | +7.78% |
| 2015-12-31 | €47.92 Million | +269.34% |
| 2014-12-31 | €12.98 Million | +29.24% |
| 2013-12-31 | €10.04 Million | +19.84% |
| 2012-12-31 | €8.38 Million | +3.79% |
| 2011-12-31 | €8.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Robit 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 decreased by 622.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €705.00K | 1.54% |
| Other Comprehensive Income | €79.08 Million | 172.40% |
| Other Components | €202.00K | 0.44% |
| Total Equity | €45.87 Million | 100.00% |
Robit Oyj Competitors by Market Cap
The table below lists competitors of Robit Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huron Valley Bancorp Inc
PINK:HVLM
|
$9.72 Million |
|
Samil Co.Ltd
KQ:032280
|
$9.72 Million |
|
5TH PLANET GAMES DK -50
F:2HG1
|
$9.73 Million |
|
Ostasiatiske Kompagni A/S
CO:OKEAC
|
$9.73 Million |
|
Airtime Partecipazioni SpA
PA:ALMEX
|
$9.71 Million |
|
AmCad BioMed Corporation
TWO:4188
|
$9.71 Million |
|
Hawsons Iron Ltd
AU:HIO
|
$9.71 Million |
|
PT MNC Energy Investments Tbk
JK:IATA
|
$9.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Robit Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,304,000 to 45,867,000, a change of 563,000 (1.2%).
- Net income of 1,099,000 contributed positively to equity growth.
- Dividend payments of 27,000 reduced retained earnings.
- Share repurchases of 218,000 reduced equity.
- Other comprehensive income decreased equity by 424,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.10 Million | +2.4% |
| Dividends Paid | €27.00K | -0.06% |
| Share Repurchases | €218.00K | -0.48% |
| Other Comprehensive Income | €-424.00K | -0.92% |
| Other Changes | €133.00K | +0.29% |
| Total Change | €- | 1.24% |
Book Value vs Market Value Analysis
This analysis compares Robit 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: 0.47x
- 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 1.92x to 0.47x 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 | €0.53 | €1.02 | x |
| 2013-12-31 | €0.63 | €1.02 | x |
| 2014-12-31 | €0.82 | €1.02 | x |
| 2015-12-31 | €3.63 | €1.02 | x |
| 2016-12-31 | €3.27 | €1.02 | x |
| 2017-12-31 | €4.87 | €1.02 | x |
| 2018-12-31 | €2.75 | €1.02 | x |
| 2019-12-31 | €2.42 | €1.02 | x |
| 2020-12-31 | €2.24 | €1.02 | x |
| 2021-12-31 | €2.32 | €1.02 | x |
| 2022-12-31 | €2.39 | €1.02 | x |
| 2023-12-31 | €2.14 | €1.02 | x |
| 2024-12-31 | €2.17 | €1.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Robit 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): 2.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.22%
- • Asset Turnover: 0.99x
- • Equity Multiplier: 1.99x
- Recent ROE (2.40%) is above the historical average (-0.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 13.13% | 3.58% | 1.33x | 2.76x | €261.90K |
| 2013 | 20.96% | 6.20% | 1.46x | 2.32x | €1.10 Million |
| 2014 | 22.55% | 7.64% | 1.38x | 2.14x | €1.63 Million |
| 2015 | 4.68% | 4.92% | 0.68x | 1.41x | €-2.55 Million |
| 2016 | 8.96% | 7.22% | 0.56x | 2.22x | €-536.64K |
| 2017 | -5.63% | -5.88% | 0.55x | 1.74x | €-14.40 Million |
| 2018 | -54.33% | -37.96% | 0.71x | 2.03x | €-37.16 Million |
| 2019 | -14.32% | -8.40% | 0.81x | 2.12x | €-12.34 Million |
| 2020 | -6.16% | -3.16% | 0.89x | 2.20x | €-7.59 Million |
| 2021 | 1.73% | 0.84% | 0.87x | 2.38x | €-4.04 Million |
| 2022 | 1.62% | 0.73% | 1.03x | 2.16x | €-4.23 Million |
| 2023 | -6.73% | -3.28% | 0.99x | 2.08x | €-7.58 Million |
| 2024 | 2.40% | 1.22% | 0.99x | 1.99x | €-3.49 Million |
Industry Comparison
This section compares Robit Oyj's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $770,751,500
- Average return on equity (ROE) among peers: 16.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Robit Oyj (ROBIT) | €42.78 Million | 13.13% | 0.98x | $9.71 Million |
| Cargotec Oyj (CGCBV) | $1.43 Billion | 9.53% | 1.49x | $2.13 Billion |
| Hiab B (HIAB) | $1.43 Billion | 7.49% | 1.58x | $1.97 Billion |
| Kesla Oyj A (KELAS) | $12.01 Million | 12.24% | 1.30x | $3.61 Million |
| Metso Oyj (METSO) | $214.90 Million | 36.11% | 2.50x | $10.84 Billion |