Smurfit Westrock Plc (SWR) - Net Assets
Based on the latest financial reports, Smurfit Westrock Plc (SWR) has net assets worth GBX18.35 Billion GBX (≈ $2.23 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX45.15 Billion ≈ $5.49 Million USD) and total liabilities (GBX26.80 Billion ≈ $3.26 Million 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 financial resilience of Smurfit Westrock Plc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX18.35 Billion |
| % of Total Assets | 40.64% |
| Annual Growth Rate | 19.6% |
| 5-Year Change | 269.0% |
| 10-Year Change | 597.05% |
| Growth Volatility | 71.32 |
Smurfit Westrock Plc - Net Assets Trend (2005–2025)
This chart illustrates how Smurfit Westrock Plc's net assets have evolved over time, based on quarterly financial data. Also explore Smurfit Westrock Plc balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Smurfit Westrock Plc (2005–2025)
The table below shows the annual net assets of Smurfit Westrock Plc from 2005 to 2025. For live valuation and market cap data, see market cap of Smurfit Westrock Plc.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | GBX18.35 Billion ≈ $2.23 Million |
+5.53% |
| 2024-12-31 | GBX17.39 Billion ≈ $2.12 Million |
+181.62% |
| 2023-12-31 | GBX6.17 Billion ≈ $751.20K |
+14.28% |
| 2022-12-31 | GBX5.40 Billion ≈ $657.36K |
+8.65% |
| 2021-12-31 | GBX4.97 Billion ≈ $605.04K |
+6.87% |
| 2020-12-31 | GBX4.65 Billion ≈ $566.12K |
+38.78% |
| 2019-12-31 | GBX3.35 Billion ≈ $407.92K |
+1.42% |
| 2018-12-31 | GBX3.31 Billion ≈ $402.23K |
+3.63% |
| 2017-12-31 | GBX3.19 Billion ≈ $388.13K |
+21.18% |
| 2016-12-31 | GBX2.63 Billion ≈ $320.29K |
+3.43% |
| 2015-12-31 | GBX2.55 Billion ≈ $309.68K |
-13.47% |
| 2014-12-31 | GBX2.94 Billion ≈ $357.90K |
-15.03% |
| 2013-12-31 | GBX3.46 Billion ≈ $421.21K |
+6.02% |
| 2012-12-31 | GBX3.27 Billion ≈ $397.29K |
+15.25% |
| 2011-12-31 | GBX2.83 Billion ≈ $344.73K |
+10.04% |
| 2010-12-31 | GBX2.57 Billion ≈ $313.28K |
-3.12% |
| 2009-12-31 | GBX2.66 Billion ≈ $323.37K |
+6.30% |
| 2008-12-31 | GBX2.50 Billion ≈ $304.20K |
-21.68% |
| 2007-12-31 | GBX3.19 Billion ≈ $388.43K |
+283.02% |
| 2006-12-31 | GBX833.48 Million ≈ $101.41K |
+62.98% |
| 2005-12-31 | GBX511.42 Million ≈ $62.22K |
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Equity Component Analysis
This analysis shows how different components contribute to Smurfit Westrock Plc'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 304372500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX2.65 Billion | 14.49% |
| Common Stock | GBX999.74K | 0.01% |
| Other Comprehensive Income | GBX-347.91 Million | -1.90% |
| Other Components | GBX16.01 Billion | 87.41% |
| Total Equity | GBX18.32 Billion | 100.00% |
Smurfit Westrock Plc Competitors by Market Cap
The table below lists competitors of Smurfit Westrock Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Allgeier SE
XETRA:AEIN
|
$184.03 Million |
|
Daedong Ind
KO:000490
|
$184.13 Million |
|
Maschinenfabrik Berthold Hermle AG
F:MBH3
|
$184.13 Million |
|
Namsun Alumini
KO:008350
|
$184.14 Million |
|
Formosa Optical Technology Co Ltd
TWO:5312
|
$183.92 Million |
|
CoreCard Corp
NYSE:CCRD
|
$183.90 Million |
|
Summit Securities Limited
NSE:SUMMITSEC
|
$183.89 Million |
|
Dollar Industries Limited
NSE:DOLLAR
|
$183.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smurfit Westrock Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 17,360,000,000 to 18,322,312,000, a change of 962,312,000 (5.5%).
- Net income of 698,821,185 contributed positively to equity growth.
- Dividend payments of 899,769,767 reduced retained earnings.
- Other comprehensive income increased equity by 1,098,089,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX698.82 Million | +3.81% |
| Dividends Paid | GBX899.77 Million | -4.91% |
| Other Comprehensive Income | GBX1.10 Billion | +5.99% |
| Other Changes | GBX65.17 Million | +0.36% |
| Total Change | GBX- | 5.54% |
Book Value vs Market Value Analysis
This analysis compares Smurfit Westrock Plc'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: 82.75x
- 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 1451.96x to 82.75x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | GBX1.99 | GBX2885.00 | x |
| 2006-12-31 | GBX3.18 | GBX2885.00 | x |
| 2007-12-31 | GBX14.57 | GBX2885.00 | x |
| 2008-12-31 | GBX10.54 | GBX2885.00 | x |
| 2009-12-31 | GBX11.02 | GBX2885.00 | x |
| 2010-12-31 | GBX10.71 | GBX2885.00 | x |
| 2011-12-31 | GBX11.44 | GBX2885.00 | x |
| 2012-12-31 | GBX12.98 | GBX2885.00 | x |
| 2013-12-31 | GBX13.68 | GBX2885.00 | x |
| 2014-12-31 | GBX11.50 | GBX2885.00 | x |
| 2015-12-31 | GBX10.09 | GBX2885.00 | x |
| 2016-12-31 | GBX10.34 | GBX2885.00 | x |
| 2017-12-31 | GBX12.70 | GBX2885.00 | x |
| 2018-12-31 | GBX13.37 | GBX2885.00 | x |
| 2019-12-31 | GBX13.89 | GBX2885.00 | x |
| 2020-12-31 | GBX19.24 | GBX2885.00 | x |
| 2021-12-31 | GBX19.07 | GBX2885.00 | x |
| 2022-12-31 | GBX20.65 | GBX2885.00 | x |
| 2023-12-31 | GBX23.68 | GBX2885.00 | x |
| 2024-12-31 | GBX44.63 | GBX2885.00 | x |
| 2025-12-31 | GBX34.86 | GBX2885.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smurfit Westrock Plc 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): 3.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.24%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 2.46x
- Recent ROE (3.81%) is above the historical average (3.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -48.04% | -6.13% | 0.49x | 16.12x | GBX-237.13 Million |
| 2006 | -34.36% | -2.44% | 0.80x | 17.67x | GBX-289.90 Million |
| 2007 | 7.17% | 2.02% | 0.84x | 4.22x | GBX-84.63 Million |
| 2008 | -3.03% | -0.71% | 0.87x | 4.93x | GBX-299.44 Million |
| 2009 | -7.28% | -2.01% | 0.75x | 4.81x | GBX-414.92 Million |
| 2010 | 2.84% | 0.75% | 0.84x | 4.50x | GBX-167.97 Million |
| 2011 | 10.33% | 2.80% | 0.87x | 4.22x | GBX8.42 Million |
| 2012 | 10.63% | 3.27% | 0.87x | 3.75x | GBX18.91 Million |
| 2013 | 8.15% | 2.36% | 0.97x | 3.57x | GBX-59.10 Million |
| 2014 | 10.85% | 2.98% | 0.95x | 3.82x | GBX22.86 Million |
| 2015 | 18.37% | 4.93% | 0.95x | 3.91x | GBX199.31 Million |
| 2016 | 19.06% | 5.44% | 0.92x | 3.81x | GBX222.01 Million |
| 2017 | 16.63% | 4.87% | 0.95x | 3.59x | GBX199.39 Million |
| 2018 | -23.41% | -7.22% | 0.94x | 3.44x | GBX-1.05 Billion |
| 2019 | 16.12% | 5.26% | 0.91x | 3.36x | GBX202.53 Million |
| 2020 | 14.46% | 6.39% | 0.83x | 2.73x | GBX206.63 Million |
| 2021 | 15.51% | 6.72% | 0.86x | 2.67x | GBX272.98 Million |
| 2022 | 19.19% | 7.65% | 1.01x | 2.48x | GBX495.12 Million |
| 2023 | 13.40% | 6.82% | 0.86x | 2.28x | GBX209.20 Million |
| 2024 | 1.84% | 1.51% | 0.48x | 2.52x | GBX-1.42 Billion |
| 2025 | 3.81% | 2.24% | 0.69x | 2.46x | GBX-1.13 Billion |
Industry Comparison
This section compares Smurfit Westrock Plc's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $38,640,500
- Average return on equity (ROE) among peers: -16.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smurfit Westrock Plc (SWR) | GBX18.35 Billion | -48.04% | 1.46x | $184.02 Million |
| Coral Products (CRU) | $7.94 Million | -4.65% | 0.80x | $64.85K |
| Macfarlane Group PLC (MACF) | $120.56 Million | 5.24% | 1.30x | $1.20 Million |
| Robinson plc (RBN) | $22.92 Million | 5.28% | 0.65x | $254.80K |
| Symphony Environmental Technologies plc (SYM) | $3.13 Million | -70.99% | 0.54x | $222.88K |
About Smurfit Westrock Plc
Smurfit Westrock Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in North America, South America, Europe, Asia, Africa, Australia, and internationally. The company produces containerboard and paperboard; packaging of corrugated containers; consumer packaging; and offers solid board, kraft pap… Read more