Scanfil Oyj
Scanfil Oyj operates as a contract manufacturer and system supplier for the electronics industry worldwide. The company provides manufacturing services, including electronics manufacturing, mechanics assembly, system integration, and production outsourcing; product development, designing, rapid prototyping, and test development; and product maintenance services comprising distribution, repair and… Read more
Scanfil Oyj (SCANFL) - Net Assets
Latest net assets as of June 2025: €287.80 Million EUR
Based on the latest financial reports, Scanfil Oyj (SCANFL) has net assets worth €287.80 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 (€535.10 Million) and total liabilities (€247.30 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 | €287.80 Million |
| % of Total Assets | 53.78% |
| Annual Growth Rate | 11.67% |
| 5-Year Change | 59.12% |
| 10-Year Change | 186.94% |
| Growth Volatility | 3.96 |
Scanfil Oyj - Net Assets Trend (2011–2024)
This chart illustrates how Scanfil 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 Scanfil Oyj (2011–2024)
The table below shows the annual net assets of Scanfil Oyj from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €291.00 Million | +9.38% |
| 2023-12-31 | €266.04 Million | +17.41% |
| 2022-12-31 | €226.59 Million | +9.24% |
| 2021-12-31 | €207.43 Million | +13.43% |
| 2020-12-31 | €182.88 Million | +9.71% |
| 2019-12-31 | €166.69 Million | +15.16% |
| 2018-12-31 | €144.74 Million | +16.09% |
| 2017-12-31 | €124.68 Million | +15.12% |
| 2016-12-31 | €108.31 Million | +6.80% |
| 2015-12-31 | €101.41 Million | +7.21% |
| 2014-12-31 | €94.59 Million | +17.54% |
| 2013-12-31 | €80.48 Million | +7.29% |
| 2012-12-31 | €75.01 Million | +8.26% |
| 2011-12-31 | €69.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scanfil 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 500.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €255.60 Million | 87.84% |
| Common Stock | €2.00 Million | 0.69% |
| Other Components | €33.40 Million | 11.48% |
| Total Equity | €291.00 Million | 100.00% |
Scanfil Oyj Competitors by Market Cap
The table below lists competitors of Scanfil Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hertz Global Hldgs New Equity Warrants
NASDAQ:HTZWW
|
$265.42 Million |
|
PCL Technologies Inc
TW:4977
|
$265.44 Million |
|
Grupo Rotoplas S.A.B. de C.V
PINK:GRPRF
|
$265.49 Million |
|
Formosa Sumco Technology Corp
TW:3532
|
$265.50 Million |
|
TAMURA CORP.
F:5IA
|
$265.32 Million |
|
Alfen N.V
PINK:ALFNF
|
$265.32 Million |
|
NEWLAT FOOD S.P.A
F:6NF
|
$265.30 Million |
|
Shenzhen Rapoo Technology
SHE:002577
|
$265.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scanfil Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 266,038,000 to 291,000,000, a change of 24,962,000 (9.4%).
- Net income of 38,606,000 contributed positively to equity growth.
- Dividend payments of 14,994,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €38.61 Million | +13.27% |
| Dividends Paid | €14.99 Million | -5.15% |
| Other Changes | €1.35 Million | +0.46% |
| Total Change | €- | 9.38% |
Book Value vs Market Value Analysis
This analysis compares Scanfil 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: 2.63x
- 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 9.77x to 2.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | €1.20 | €11.72 | x |
| 2012-12-31 | €1.30 | €11.72 | x |
| 2013-12-31 | €1.39 | €11.72 | x |
| 2014-12-31 | €1.63 | €11.72 | x |
| 2015-12-31 | €1.74 | €11.72 | x |
| 2016-12-31 | €1.72 | €11.72 | x |
| 2017-12-31 | €1.93 | €11.72 | x |
| 2018-12-31 | €2.24 | €11.72 | x |
| 2019-12-31 | €2.56 | €11.72 | x |
| 2020-12-31 | €2.81 | €11.72 | x |
| 2021-12-31 | €3.21 | €11.72 | x |
| 2022-12-31 | €3.45 | €11.72 | x |
| 2023-12-31 | €4.09 | €11.72 | x |
| 2024-12-31 | €4.46 | €11.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scanfil 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): 13.27%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.95%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 1.85x
- Recent ROE (13.27%) is below the historical average (13.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 9.06% | 2.98% | 1.63x | 1.87x | €-652.70K |
| 2012 | 7.61% | 3.15% | 1.39x | 1.73x | €-1.79 Million |
| 2013 | 10.23% | 4.37% | 1.50x | 1.56x | €187.30K |
| 2014 | 13.00% | 5.73% | 1.60x | 1.42x | €2.84 Million |
| 2015 | 8.26% | 2.22% | 1.26x | 2.94x | €-1.77 Million |
| 2016 | 0.08% | 0.02% | 1.90x | 2.46x | €-10.74 Million |
| 2017 | 20.70% | 4.87% | 1.73x | 2.46x | €13.34 Million |
| 2018 | 19.96% | 5.13% | 1.85x | 2.10x | €14.42 Million |
| 2019 | 16.85% | 4.85% | 1.70x | 2.04x | €11.42 Million |
| 2020 | 20.18% | 6.20% | 1.76x | 1.85x | €18.61 Million |
| 2021 | 14.35% | 4.28% | 1.47x | 2.28x | €9.01 Million |
| 2022 | 15.47% | 4.15% | 1.61x | 2.32x | €12.38 Million |
| 2023 | 18.12% | 5.35% | 1.74x | 1.95x | €21.61 Million |
| 2024 | 13.27% | 4.95% | 1.45x | 1.85x | €9.51 Million |
Industry Comparison
This section compares Scanfil Oyj's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $60,783,817
- Average return on equity (ROE) among peers: 17.72%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scanfil Oyj (SCANFL) | €287.80 Million | 9.06% | 0.86x | $265.41 Million |
| Elecster Oyj A (ELEAV) | $14.84 Million | 14.90% | 1.55x | $2.61 Million |
| Glaston Oyj Abp (GLA1V) | $68.03 Million | 1.63% | 1.90x | $16.71 Million |
| Norrhydro Group Oyj (NORRH) | $3.31 Million | 57.67% | 4.05x | $5.34 Million |
| Raute Oyj (RAUTE) | $193.70 Million | 0.00% | 1.60x | $44.41 Million |
| Viafin Service Oyj (VIAFIN) | $24.04 Million | 14.39% | 0.83x | $36.66 Million |