Somero Enterprise Inc

LSE:SOM UK Farm & Heavy Construction Machinery
Market Cap
$1.35 Million
GBX11.08 Billion GBX
Market Cap Rank
#44389 Global
#791 in UK
Share Price
GBX205.00
Change (1 day)
+0.99%
52-Week Range
GBX203.00 - GBX265.00
All Time High
GBX441.17
Categories
Companies in UK Farm & Heavy Construction Machinery
About

Somero Enterprises, Inc. designs, assembles, remanufactures, sells, and distributes concrete leveling, contouring, and placing equipment. The company offers ride-on, boom, and stationary laser screeds; concrete placement products; lightweight screeds; compact boom screeds; and materials placement equipment comprising broom/curing machine, line-pulling and placing system, and topping spreaders. It… Read more

Somero Enterprise Inc (SOM) - Net Assets

Latest net assets as of June 2025: GBX78.92 Million GBX

Based on the latest financial reports, Somero Enterprise Inc (SOM) has net assets worth GBX78.92 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX90.64 Million) and total liabilities (GBX11.71 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 GBX78.92 Million
% of Total Assets 87.08%
Annual Growth Rate 6.26%
5-Year Change 32.69%
10-Year Change 120.65%
Growth Volatility 14.58

Somero Enterprise Inc - Net Assets Trend (2006–2024)

This chart illustrates how Somero Enterprise Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Somero Enterprise Inc (2006–2024)

The table below shows the annual net assets of Somero Enterprise Inc from 2006 to 2024.

Year Net Assets Change
2024-12-31 GBX84.30 Million +1.28%
2023-12-31 GBX83.23 Million +7.92%
2022-12-31 GBX77.13 Million +1.93%
2021-12-31 GBX75.67 Million +19.10%
2020-12-31 GBX63.53 Million +7.61%
2019-12-31 GBX59.04 Million +7.15%
2018-12-31 GBX55.10 Million +15.05%
2017-12-31 GBX47.89 Million -0.57%
2016-12-31 GBX48.17 Million +26.08%
2015-12-31 GBX38.21 Million +24.12%
2014-12-31 GBX30.78 Million +28.82%
2013-12-31 GBX23.90 Million +18.83%
2012-12-31 GBX20.11 Million +5.76%
2011-12-31 GBX19.01 Million -10.04%
2010-12-31 GBX21.14 Million -9.46%
2009-12-31 GBX23.34 Million -30.08%
2008-12-31 GBX33.39 Million -2.45%
2007-12-31 GBX34.23 Million +21.06%
2006-12-31 GBX28.27 Million --

Equity Component Analysis

This analysis shows how different components contribute to Somero Enterprise Inc'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 1087.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings GBX75.33 Million 89.36%
Common Stock GBX26.00K 0.03%
Other Components GBX8.94 Million 10.61%
Total Equity GBX84.30 Million 100.00%

Somero Enterprise Inc Competitors by Market Cap

The table below lists competitors of Somero Enterprise Inc ranked by their market capitalization.

Company Market Cap
Mobotix AG
F:MBQ
 		$14.29K
SYRAKUS HOLDING
BE:HZH
 		$14.29K
Bich Chi Food Co
VN:BCF
 		$14.30K
Senhwa Biosciences, Inc.
TWO:6492
 		$14.31K
Tai Shing Electronics Components Corporation
TWO:3426
 		$14.27K
Samyang Optics Co. Ltd.
KO:225190
 		$14.26K
WIZC3F
SA:WIZC3F
 		$14.25K
CAPITAL LTD. DL-0001
F:C8D
 		$14.24K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Somero Enterprise Inc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 83,235,000 to 84,301,000, a change of 1,066,000 (1.3%).
  • Net income of 18,604,000 contributed positively to equity growth.
  • Dividend payments of 15,768,000 reduced retained earnings.
  • Share repurchases of 2,604,000 reduced equity.
  • Other factors increased equity by 1,548,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX18.60 Million +22.07%
Dividends Paid GBX15.77 Million -18.7%
Share Repurchases GBX2.60 Million -3.09%
Other Changes GBX1.55 Million +1.84%
Total Change GBX- 1.28%

Book Value vs Market Value Analysis

This analysis compares Somero Enterprise Inc'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: 135.59x
  • 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 223.04x to 135.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 GBX0.92 GBX205.00 x
2007-12-31 GBX1.00 GBX205.00 x
2008-12-31 GBX0.97 GBX205.00 x
2009-12-31 GBX0.51 GBX205.00 x
2010-12-31 GBX0.37 GBX205.00 x
2011-12-31 GBX0.34 GBX205.00 x
2012-12-31 GBX0.33 GBX205.00 x
2013-12-31 GBX0.39 GBX205.00 x
2014-12-31 GBX0.53 GBX205.00 x
2015-12-31 GBX0.66 GBX205.00 x
2016-12-31 GBX0.83 GBX205.00 x
2017-12-31 GBX0.85 GBX205.00 x
2018-12-31 GBX0.97 GBX205.00 x
2019-12-31 GBX1.04 GBX205.00 x
2020-12-31 GBX1.12 GBX205.00 x
2021-12-31 GBX1.33 GBX205.00 x
2022-12-31 GBX1.36 GBX205.00 x
2023-12-31 GBX1.48 GBX205.00 x
2024-12-31 GBX1.51 GBX205.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Somero Enterprise Inc 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): 22.07%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 17.04%
  • • Asset Turnover: 1.11x
  • • Equity Multiplier: 1.16x
  • Recent ROE (22.07%) is above the historical average (19.74%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 19.03% 9.63% 1.00x 1.98x GBX2.55 Million
2007 20.24% 10.43% 1.16x 1.67x GBX3.50 Million
2008 4.96% 3.19% 1.08x 1.44x GBX-1.68 Million
2009 -65.90% -63.50% 0.76x 1.36x GBX-17.72 Million
2010 -10.52% -10.57% 0.74x 1.34x GBX-4.34 Million
2011 -12.28% -10.67% 0.83x 1.38x GBX-4.24 Million
2012 5.07% 3.17% 1.19x 1.34x GBX-990.90K
2013 22.51% 11.93% 1.41x 1.34x GBX2.99 Million
2014 47.24% 24.53% 1.51x 1.27x GBX11.46 Million
2015 30.23% 16.45% 1.45x 1.27x GBX7.73 Million
2016 29.60% 17.97% 1.38x 1.20x GBX9.44 Million
2017 38.45% 21.51% 1.47x 1.22x GBX13.63 Million
2018 39.10% 22.92% 1.40x 1.22x GBX16.03 Million
2019 35.76% 23.64% 1.25x 1.21x GBX15.21 Million
2020 29.55% 21.20% 1.12x 1.24x GBX12.42 Million
2021 46.03% 26.12% 1.37x 1.29x GBX27.27 Million
2022 40.35% 23.29% 1.35x 1.28x GBX23.41 Million
2023 33.61% 23.18% 1.22x 1.18x GBX19.65 Million
2024 22.07% 17.04% 1.11x 1.16x GBX10.17 Million

Industry Comparison

This section compares Somero Enterprise Inc'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: $-1,754,000
  • Average return on equity (ROE) among peers: 0.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Somero Enterprise Inc (SOM) GBX78.92 Million 19.03% 0.15x $14.27K
Tribe Technology PLC (TRYB) $-1.75 Million 0.00% 0.00x $22.04