Somero Enterprise Inc (SOM) - Net Assets

Latest as of June 2025: GBX78.92 Million GBX ≈ $9.60K USD

Based on the latest financial reports, Somero Enterprise Inc (SOM) has net assets worth GBX78.92 Million GBX (≈ $9.60K USD) 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 ≈ $11.03K USD) and total liabilities (GBX11.71 Million ≈ $1.43K USD). 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. Check Somero Enterprise Inc (SOM) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Somero Enterprise Inc assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Somero Enterprise Inc market cap and net worth.

Year	Net Assets	Change
2024-12-31	GBX84.30 Million ≈ $10.26K	+1.28%
2023-12-31	GBX83.23 Million ≈ $10.13K	+7.92%
2022-12-31	GBX77.13 Million ≈ $9.38K	+1.93%
2021-12-31	GBX75.67 Million ≈ $9.21K	+19.10%
2020-12-31	GBX63.53 Million ≈ $7.73K	+7.61%
2019-12-31	GBX59.04 Million ≈ $7.18K	+7.15%
2018-12-31	GBX55.10 Million ≈ $6.70K	+15.05%
2017-12-31	GBX47.89 Million ≈ $5.83K	-0.57%
2016-12-31	GBX48.17 Million ≈ $5.86K	+26.08%
2015-12-31	GBX38.21 Million ≈ $4.65K	+24.12%
2014-12-31	GBX30.78 Million ≈ $3.75K	+28.82%
2013-12-31	GBX23.90 Million ≈ $2.91K	+18.83%
2012-12-31	GBX20.11 Million ≈ $2.45K	+5.76%
2011-12-31	GBX19.01 Million ≈ $2.31K	-10.04%
2010-12-31	GBX21.14 Million ≈ $2.57K	-9.46%
2009-12-31	GBX23.34 Million ≈ $2.84K	-30.08%
2008-12-31	GBX33.39 Million ≈ $4.06K	-2.45%
2007-12-31	GBX34.23 Million ≈ $4.16K	+21.06%
2006-12-31	GBX28.27 Million ≈ $3.44K	--

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
Golden Prospect Precious Metals Ltd LSE:GPM	$1.19 Million
Distribution Finance Capital Holdings PLC LSE:DFCH	$1.19 Million
Meridian Bhd KLSE:5040	$1.19 Million
Global Opportunities Trust Ord LSE:GOT	$1.19 Million
Amati AIM VCT plc LSE:AMAT	$1.18 Million
Tombador Iron Ltd AU:TI1	$1.18 Million
Solid State Plc LSE:SOLI	$1.17 Million
Asia Media Group Bhd KLSE:0159	$1.17 Million

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: 119.06x
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 195.84x to 119.06x 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	GBX180.00	x
2007-12-31	GBX1.00	GBX180.00	x
2008-12-31	GBX0.97	GBX180.00	x
2009-12-31	GBX0.51	GBX180.00	x
2010-12-31	GBX0.37	GBX180.00	x
2011-12-31	GBX0.34	GBX180.00	x
2012-12-31	GBX0.33	GBX180.00	x
2013-12-31	GBX0.39	GBX180.00	x
2014-12-31	GBX0.53	GBX180.00	x
2015-12-31	GBX0.66	GBX180.00	x
2016-12-31	GBX0.83	GBX180.00	x
2017-12-31	GBX0.85	GBX180.00	x
2018-12-31	GBX0.97	GBX180.00	x
2019-12-31	GBX1.04	GBX180.00	x
2020-12-31	GBX1.12	GBX180.00	x
2021-12-31	GBX1.33	GBX180.00	x
2022-12-31	GBX1.36	GBX180.00	x
2023-12-31	GBX1.48	GBX180.00	x
2024-12-31	GBX1.51	GBX180.00	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.

No peer company data available for comparison.

About Somero Enterprise Inc

LSE:SOM UK Farm & Heavy Construction Machinery

Market Cap

$1.18 Million

GBX9.73 Billion GBX

Market Cap Rank

#30106 Global

#772 in UK

Share Price

GBX180.00

Change (1 day)

+0.56%

52-Week Range

GBX175.00 - GBX255.00

All Time High

GBX441.17