SSH Communications Security Oyj
SSH Communications Security Oyj operates as a cybersecurity company for humans, systems, and networks in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers secure business communication products comprising Secure Mail 2024, a secure email encryption solution to protect confidential email communications; Secure Messaging 2024, a communications platform for chat… Read more
SSH Communications Security Oyj (SSH1V) - Net Assets
Latest net assets as of June 2025: €7.90 Million EUR
Based on the latest financial reports, SSH Communications Security Oyj (SSH1V) has net assets worth €7.90 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 (€25.10 Million) and total liabilities (€17.20 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 | €7.90 Million |
| % of Total Assets | 31.47% |
| Annual Growth Rate | -7.19% |
| 5-Year Change | 6.32% |
| 10-Year Change | -21.37% |
| Growth Volatility | 102.14 |
SSH Communications Security Oyj - Net Assets Trend (2000–2024)
This chart illustrates how SSH Communications Security 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 SSH Communications Security Oyj (2000–2024)
The table below shows the annual net assets of SSH Communications Security Oyj from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €9.00 Million | -2.37% |
| 2023-12-31 | €9.22 Million | -16.85% |
| 2022-12-31 | €11.09 Million | -7.81% |
| 2021-12-31 | €12.03 Million | +42.06% |
| 2020-12-31 | €8.47 Million | -29.73% |
| 2019-12-31 | €12.05 Million | -15.30% |
| 2018-12-31 | €14.22 Million | +10.30% |
| 2017-12-31 | €12.89 Million | +55.89% |
| 2016-12-31 | €8.27 Million | -27.74% |
| 2015-12-31 | €11.45 Million | +45.03% |
| 2014-12-31 | €7.89 Million | +6.27% |
| 2013-12-31 | €7.43 Million | +18.75% |
| 2012-12-31 | €6.25 Million | +479.70% |
| 2011-12-31 | €1.08 Million | -66.15% |
| 2010-12-31 | €3.19 Million | -28.03% |
| 2009-12-31 | €4.43 Million | -69.49% |
| 2008-12-31 | €14.51 Million | -30.22% |
| 2007-12-31 | €20.80 Million | +15.80% |
| 2006-12-31 | €17.96 Million | -29.40% |
| 2005-12-31 | €25.44 Million | -28.08% |
| 2004-12-31 | €35.38 Million | -14.74% |
| 2003-12-31 | €41.49 Million | +14.62% |
| 2002-12-31 | €36.20 Million | -27.46% |
| 2001-12-31 | €49.90 Million | -7.60% |
| 2000-12-31 | €54.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SSH Communications Security 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 3263.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €1.23 Million | 53.44% |
| Other Comprehensive Income | €35.99 Million | 1564.75% |
| Other Components | €6.50K | 0.28% |
| Total Equity | €2.30 Million | 100.00% |
SSH Communications Security Oyj Competitors by Market Cap
The table below lists competitors of SSH Communications Security Oyj ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tigers Realm Coal Ltd
AU:TIG
|
$9.74 Million |
|
Charnic Capital Tbk PT
JK:NICK
|
$9.74 Million |
|
Youngtimers AG
SW:YTME
|
$9.74 Million |
|
Curis Inc
NASDAQ:CRIS
|
$9.74 Million |
|
Royal Plus PCL
BK:PLUS
|
$9.73 Million |
|
Cubic Korea Inc
KQ:021650
|
$9.73 Million |
|
Mtag Group Berhad
KLSE:0213
|
$9.73 Million |
|
EMB Mission Bound AB (publ)
ST:NAVIGO-STAM
|
$9.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SSH Communications Security Oyj's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,868,147 to 2,300,000, a change of -568,147 (-19.8%).
- Net loss of 1,100,000 reduced equity.
- Share repurchases of 281,690 reduced equity.
- New share issuances of 281,688 increased equity.
- Other comprehensive income decreased equity by 80,047.
- Other factors increased equity by 611,902.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.10 Million | -47.83% |
| Share Repurchases | €281.69K | -12.25% |
| Share Issuances | €281.69K | +12.25% |
| Other Comprehensive Income | €-80.05K | -3.48% |
| Other Changes | €611.90K | +26.6% |
| Total Change | €- | -19.81% |
Book Value vs Market Value Analysis
This analysis compares SSH Communications Security 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: 38.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.70x to 38.97x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €1.29 | €2.19 | x |
| 2003-12-31 | €1.46 | €2.19 | x |
| 2004-12-31 | €1.26 | €2.19 | x |
| 2005-12-31 | €0.90 | €2.19 | x |
| 2006-12-31 | €0.62 | €2.19 | x |
| 2007-12-31 | €0.73 | €2.19 | x |
| 2008-12-31 | €0.50 | €2.19 | x |
| 2009-12-31 | €0.15 | €2.19 | x |
| 2010-12-31 | €0.10 | €2.19 | x |
| 2011-12-31 | €0.03 | €2.19 | x |
| 2012-12-31 | €0.20 | €2.19 | x |
| 2013-12-31 | €0.22 | €2.19 | x |
| 2014-12-31 | €0.23 | €2.19 | x |
| 2015-12-31 | €0.31 | €2.19 | x |
| 2016-12-31 | €0.21 | €2.19 | x |
| 2017-12-31 | €0.31 | €2.19 | x |
| 2018-12-31 | €0.33 | €2.19 | x |
| 2019-12-31 | €0.29 | €2.19 | x |
| 2020-12-31 | €0.20 | €2.19 | x |
| 2021-12-31 | €0.15 | €2.19 | x |
| 2022-12-31 | €0.13 | €2.19 | x |
| 2023-12-31 | €0.07 | €2.19 | x |
| 2024-12-31 | €0.06 | €2.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SSH Communications Security 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): -47.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.95%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 13.09x
- Recent ROE (-47.83%) is below the historical average (-31.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -37.57% | -80.95% | 0.40x | 1.16x | €-17.22 Million |
| 2003 | 13.61% | 40.78% | 0.32x | 1.06x | €1.50 Million |
| 2004 | 16.50% | 70.91% | 0.22x | 1.07x | €2.30 Million |
| 2005 | -7.93% | -21.69% | 0.32x | 1.14x | €-4.56 Million |
| 2006 | -1.18% | -2.25% | 0.44x | 1.19x | €-2.01 Million |
| 2007 | 14.57% | 21.45% | 0.55x | 1.23x | €950.50K |
| 2008 | -12.30% | -20.96% | 0.45x | 1.32x | €-3.24 Million |
| 2009 | -26.50% | -13.32% | 0.94x | 2.13x | €-1.62 Million |
| 2010 | -16.23% | -5.24% | 1.10x | 2.81x | €-770.00K |
| 2011 | -259.81% | -27.23% | 1.27x | 7.53x | €-2.28 Million |
| 2012 | 18.82% | 9.52% | 0.95x | 2.07x | €531.84K |
| 2013 | 2.03% | 1.13% | 0.99x | 1.81x | €-591.79K |
| 2014 | 4.15% | 2.02% | 0.92x | 2.22x | €-461.58K |
| 2015 | -34.17% | -20.73% | 0.87x | 1.90x | €-5.06 Million |
| 2016 | -133.65% | -73.10% | 0.69x | 2.64x | €-11.88 Million |
| 2017 | -17.42% | -13.83% | 0.70x | 1.80x | €-3.53 Million |
| 2018 | 6.19% | 4.53% | 0.76x | 1.81x | €-510.11K |
| 2019 | -11.05% | -8.79% | 0.60x | 2.08x | €-2.41 Million |
| 2020 | -34.95% | -25.19% | 0.60x | 2.30x | €-3.64 Million |
| 2021 | -34.27% | -12.92% | 0.44x | 5.98x | €-2.66 Million |
| 2022 | -37.32% | -9.92% | 0.51x | 7.44x | €-2.43 Million |
| 2023 | -94.40% | -13.34% | 0.65x | 10.93x | €-2.99 Million |
| 2024 | -47.83% | -4.95% | 0.74x | 13.09x | €-1.33 Million |
Industry Comparison
This section compares SSH Communications Security Oyj's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $52,075,732
- Average return on equity (ROE) among peers: 4.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SSH Communications Security Oyj (SSH1V) | €7.90 Million | -37.57% | 2.18x | $9.74 Million |
| Heeros Oyj (HEEROS) | $1.97 Million | 1.11% | 1.94x | $31.36 Million |
| Loihde Oyj (LOIHDE) | $86.72 Million | -9.32% | 0.50x | $66.80 Million |
| WITHSECURE (WITH) | $67.54 Million | 22.87% | 0.70x | $236.67 Million |