SCHALTBAU HOLDING
Schaltbau Holding AG, together with its subsidiaries, provides safety-relevant components and systems for the railway sector in Germany and internationally. The company offers safety-critical components, such as contactors, connectors, and switching systems under the Schaltbau brand name; and door and boarding systems for trains, buses and commercial vehicles under the Bode brand name. It also pr… Read more
SCHALTBAU HOLDING (SLT) - Net Assets
Latest net assets as of September 2021: €163.99 Million EUR
Based on the latest financial reports, SCHALTBAU HOLDING (SLT) has net assets worth €163.99 Million EUR as of September 2021.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€436.51 Million) and total liabilities (€272.52 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 | €163.99 Million |
| % of Total Assets | 37.57% |
| Annual Growth Rate | 2.94% |
| 5-Year Change | 35.53% |
| 10-Year Change | -1.44% |
| Growth Volatility | 29.45 |
SCHALTBAU HOLDING - Net Assets Trend (2013–2024)
This chart illustrates how SCHALTBAU HOLDING's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SCHALTBAU HOLDING (2013–2024)
The table below shows the annual net assets of SCHALTBAU HOLDING from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €122.98 Million | -26.78% |
| 2023-12-31 | €167.96 Million | +3.61% |
| 2022-12-31 | €162.11 Million | +0.69% |
| 2021-12-31 | €161.00 Million | +77.44% |
| 2020-12-31 | €90.73 Million | -6.85% |
| 2019-12-31 | €97.41 Million | +3.79% |
| 2018-12-31 | €93.85 Million | +32.99% |
| 2017-12-31 | €70.57 Million | -34.09% |
| 2016-12-31 | €107.07 Million | -14.19% |
| 2015-12-31 | €124.78 Million | +10.87% |
| 2014-12-31 | €112.54 Million | +25.86% |
| 2013-12-31 | €89.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SCHALTBAU HOLDING'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 39.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €33.19 Million | 28.77% |
| Other Components | €82.16 Million | 71.23% |
| Total Equity | €115.35 Million | 100.00% |
SCHALTBAU HOLDING Competitors by Market Cap
The table below lists competitors of SCHALTBAU HOLDING ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyundai Everdigm Corp
KQ:041440
|
$52.56 Million |
|
029 GROUP SE INH O.N.
XETRA:Z29
|
$52.56 Million |
|
Truong Thanh Development & Construction Investment JSC
VN:TTA
|
$52.56 Million |
|
Sambu Const
KO:001470
|
$52.59 Million |
|
Net Insight AB (publ)
ST:NETI-B
|
$52.50 Million |
|
Compañía Industrial El Volcán S.A
SN:VOLCAN
|
$52.49 Million |
|
Honey Hope Honesty Enterprise Co Ltd
TWO:8043
|
$52.48 Million |
|
Thumzup Media Corporation Common Stock
OTCQB:TZUP
|
$52.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SCHALTBAU HOLDING's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 149,444,000 to 115,354,000, a change of -34,090,000 (-22.8%).
- Net loss of 38,098,000 reduced equity.
- Other factors increased equity by 4,008,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-38.10 Million | -33.03% |
| Other Changes | €4.01 Million | +3.47% |
| Total Change | €- | -22.81% |
Book Value vs Market Value Analysis
This analysis compares SCHALTBAU HOLDING'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: 6.24x
- 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 decreased from 11.75x to 6.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €5.62 | €66.00 | x |
| 2018-12-31 | €7.30 | €66.00 | x |
| 2019-12-31 | €7.70 | €66.00 | x |
| 2020-12-31 | €7.18 | €66.00 | x |
| 2021-12-31 | €12.11 | €66.00 | x |
| 2022-12-31 | €12.88 | €66.00 | x |
| 2023-12-31 | €13.69 | €66.00 | x |
| 2024-12-31 | €10.57 | €66.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SCHALTBAU HOLDING 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): -33.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.04%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 4.50x
- Recent ROE (-33.03%) is below the historical average (-2.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 27.02% | 5.43% | 1.47x | 3.38x | €13.46 Million |
| 2014 | 26.55% | 5.68% | 1.21x | 3.87x | €15.45 Million |
| 2015 | 18.40% | 3.31% | 1.14x | 4.88x | €7.68 Million |
| 2016 | -21.49% | -3.11% | 1.11x | 6.23x | €-23.19 Million |
| 2017 | -131.64% | -10.02% | 1.14x | 11.50x | €-55.67 Million |
| 2018 | -25.56% | -3.19% | 1.31x | 6.14x | €-22.98 Million |
| 2019 | 6.02% | 0.80% | 1.28x | 5.89x | €-2.71 Million |
| 2020 | 6.09% | 0.77% | 1.22x | 6.48x | €-2.48 Million |
| 2021 | 6.46% | 1.80% | 0.86x | 4.15x | €-4.66 Million |
| 2022 | 83.14% | 24.36% | 0.73x | 4.69x | €102.79 Million |
| 2023 | 3.04% | 0.90% | 1.00x | 3.41x | €-10.40 Million |
| 2024 | -33.03% | -8.04% | 0.91x | 4.50x | €-49.63 Million |
Industry Comparison
This section compares SCHALTBAU HOLDING's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $24,049,168,958
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SCHALTBAU HOLDING (SLT) | €163.99 Million | 27.02% | 1.66x | $52.52 Million |
| Bangkok Expressway and Metro PCL F (B4X) | $37.66 Billion | 9.24% | 1.99x | $958.90 Million |
| SBF AG (CY1K) | $14.58 Million | 20.66% | 0.36x | $39.81 Million |
| The Greenbrier Companies Inc (G90) | $863.49 Million | 22.33% | 1.07x | $1.35 Billion |
| ÜSTRA Hannoversche Verkehrsbetriebe Aktiengesellschaft (HVB) | $20.18 Million | -47.02% | 17.07x | $1.21 Million |
| JUNGFRAUB. HLDG NA SF 1,5 (J4F) | $640.37 Million | 6.80% | 0.32x | $1.71 Billion |
| Transport International Holdings Limited (KWO) | $10.20 Billion | 7.06% | 0.51x | $270.22 Million |
| L.B. Foster Company (LB1A) | $146.48 Million | 2.81% | 1.71x | $211.18 Million |
| Nippon Sharyo Ltd (NIP) | $20.95 Billion | -39.47% | 5.08x | $135.99 Million |
| Nishi-Nippon Railroad Co. Ltd (NNR) | $169.94 Billion | -7.10% | 3.16x | $1.26 Billion |
| SMT Scharf AG (S188) | $48.71 Million | 8.18% | 0.48x | $16.52 Million |