SSAB AB ser. B
SSAB AB (publ) engages in the production and sale of steel products in Sweden, Finland, the Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel products. The SSAB Europe segmen… Read more
SSAB AB ser. B (SSABBH) - Net Assets
Latest net assets as of June 2025: €67.04 Billion EUR
Based on the latest financial reports, SSAB AB ser. B (SSABBH) has net assets worth €67.04 Billion EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€102.49 Billion) and total liabilities (€35.45 Billion). 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 | €67.04 Billion |
| % of Total Assets | 65.41% |
| Annual Growth Rate | 9.42% |
| 5-Year Change | 31.28% |
| 10-Year Change | 59.8% |
| Growth Volatility | 23.68 |
SSAB AB ser. B - Net Assets Trend (2002–2024)
This chart illustrates how SSAB AB ser. B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SSAB AB ser. B (2002–2024)
The table below shows the annual net assets of SSAB AB ser. B from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €71.02 Billion | +4.51% |
| 2023-12-31 | €67.95 Billion | +1.13% |
| 2022-12-31 | €67.19 Billion | -8.59% |
| 2021-12-31 | €73.51 Billion | +35.88% |
| 2020-12-31 | €54.10 Billion | -10.46% |
| 2019-12-31 | €60.42 Billion | +1.52% |
| 2018-12-31 | €59.52 Billion | +11.67% |
| 2017-12-31 | €53.29 Billion | +0.67% |
| 2016-12-31 | €52.94 Billion | +19.12% |
| 2015-12-31 | €44.44 Billion | +1.28% |
| 2014-12-31 | €43.88 Billion | +61.62% |
| 2013-12-31 | €27.15 Billion | -5.63% |
| 2012-12-31 | €28.77 Billion | -6.50% |
| 2011-12-31 | €30.77 Billion | +2.30% |
| 2010-12-31 | €30.08 Billion | -2.99% |
| 2009-12-31 | €31.00 Billion | -11.91% |
| 2008-12-31 | €35.19 Billion | +20.75% |
| 2007-12-31 | €29.14 Billion | +87.42% |
| 2006-12-31 | €15.55 Billion | +8.26% |
| 2005-12-31 | €14.36 Billion | +8.89% |
| 2004-12-31 | €13.19 Billion | +31.50% |
| 2003-12-31 | €10.03 Billion | +2.40% |
| 2002-12-31 | €9.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SSAB AB ser. B'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 2248100000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.48 Billion | 31.68% |
| Common Stock | €9.06 Billion | 12.77% |
| Other Comprehensive Income | €16.40 Billion | 23.11% |
| Other Components | €23.02 Billion | 32.44% |
| Total Equity | €70.97 Billion | 100.00% |
SSAB AB ser. B Competitors by Market Cap
The table below lists competitors of SSAB AB ser. B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
R1 RCM Inc
NASDAQ:RCM
|
$6.04 Billion |
|
GULF ENERGY DEVELOPMENT-NVDR
BK:GULF-R
|
$6.05 Billion |
|
Bank of Baroda
NSE:BANKBARODA
|
$6.06 Billion |
|
Weatherford International plc
NASDAQ:WFRD
|
$6.06 Billion |
|
Companhia Energética de Minas Gerais - CEMIG
SA:CMIG3
|
$6.04 Billion |
|
IMI plc
PINK:IMIAF
|
$6.04 Billion |
|
The Hanover Insurance Group Inc
NYSE:THG
|
$6.04 Billion |
|
Enersys
NYSE:ENS
|
$6.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SSAB AB ser. B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,872,000,000 to 70,966,000,000, a change of 3,094,000,000 (4.6%).
- Net income of 13,029,000,000 contributed positively to equity growth.
- Dividend payments of 4,983,000,000 reduced retained earnings.
- Share repurchases of 1,215,000,000 reduced equity.
- Other comprehensive income increased equity by 16,400,000,000.
- Other factors decreased equity by 20,137,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €13.03 Billion | +18.36% |
| Dividends Paid | €4.98 Billion | -7.02% |
| Share Repurchases | €1.22 Billion | -1.71% |
| Other Comprehensive Income | €16.40 Billion | +23.11% |
| Other Changes | €-20.14 Billion | -28.38% |
| Total Change | €- | 4.56% |
Book Value vs Market Value Analysis
This analysis compares SSAB AB ser. B'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: 0.09x
- 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 0.27x to 0.09x 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 | €23.11 | €6.34 | x |
| 2003-12-31 | €23.70 | €6.34 | x |
| 2004-12-31 | €27.82 | €6.34 | x |
| 2005-12-31 | €30.98 | €6.34 | x |
| 2006-12-31 | €34.22 | €6.34 | x |
| 2007-12-31 | €68.93 | €6.34 | x |
| 2008-12-31 | €76.46 | €6.34 | x |
| 2009-12-31 | €67.39 | €6.34 | x |
| 2010-12-31 | €65.30 | €6.34 | x |
| 2011-12-31 | €67.23 | €6.34 | x |
| 2012-12-31 | €62.86 | €6.34 | x |
| 2013-12-31 | €59.27 | €6.34 | x |
| 2014-12-31 | €73.90 | €6.34 | x |
| 2015-12-31 | €80.83 | €6.34 | x |
| 2016-12-31 | €66.55 | €6.34 | x |
| 2017-12-31 | €51.69 | €6.34 | x |
| 2018-12-31 | €57.72 | €6.34 | x |
| 2019-12-31 | €58.57 | €6.34 | x |
| 2020-12-31 | €52.42 | €6.34 | x |
| 2021-12-31 | €71.35 | €6.34 | x |
| 2022-12-31 | €65.18 | €6.34 | x |
| 2023-12-31 | €66.02 | €6.34 | x |
| 2024-12-31 | €71.21 | €6.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SSAB AB ser. B 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): 18.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.97%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.56x
- Recent ROE (18.36%) is above the historical average (8.02%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.99% | 2.99% | 1.05x | 1.90x | €-386.40 Million |
| 2003 | 9.10% | 4.54% | 1.07x | 1.87x | €-89.00 Million |
| 2004 | 27.63% | 15.15% | 1.10x | 1.66x | €2.29 Billion |
| 2005 | 28.35% | 14.46% | 1.27x | 1.54x | €2.60 Billion |
| 2006 | 27.73% | 13.70% | 1.36x | 1.49x | €2.72 Billion |
| 2007 | 15.86% | 9.63% | 0.53x | 3.14x | €1.70 Billion |
| 2008 | 20.00% | 12.88% | 0.78x | 1.98x | €3.50 Billion |
| 2009 | -3.27% | -3.38% | 0.49x | 1.96x | €-4.09 Billion |
| 2010 | 2.01% | 1.50% | 0.65x | 2.04x | €-2.39 Billion |
| 2011 | 5.07% | 3.49% | 0.70x | 2.06x | €-1.52 Billion |
| 2012 | 0.05% | 0.04% | 0.66x | 2.04x | €-2.86 Billion |
| 2013 | -3.93% | -3.04% | 0.63x | 2.06x | €-3.78 Billion |
| 2014 | -3.19% | -2.93% | 0.53x | 2.05x | €-5.78 Billion |
| 2015 | -1.14% | -0.89% | 0.67x | 1.92x | €-4.95 Billion |
| 2016 | 1.77% | 1.69% | 0.61x | 1.72x | €-4.35 Billion |
| 2017 | 4.31% | 3.47% | 0.76x | 1.64x | €-3.03 Billion |
| 2018 | 5.97% | 4.74% | 0.81x | 1.56x | €-2.39 Billion |
| 2019 | 1.78% | 1.41% | 0.81x | 1.56x | €-4.96 Billion |
| 2020 | -0.91% | -0.75% | 0.74x | 1.64x | €-5.89 Billion |
| 2021 | 19.95% | 15.29% | 0.86x | 1.52x | €7.31 Billion |
| 2022 | -16.20% | -8.70% | 1.14x | 1.63x | €-17.59 Billion |
| 2023 | 19.20% | 11.19% | 1.08x | 1.59x | €6.24 Billion |
| 2024 | 18.36% | 12.97% | 0.91x | 1.56x | €5.93 Billion |
Industry Comparison
This section compares SSAB AB ser. B's net assets metrics with peer companies in the Steel industry.
No peer company data available for comparison.