Smartoptics Group AS Net Assets
Smartoptics Group AS net assets. Based on the latest financial reports, Smartoptics Group AS (SMOP) has net assets worth Nkr27.92 Million NOK (≈ $2.94 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr66.61 Million ≈ $7.01 Million USD) and total liabilities (Nkr38.69 Million ≈ $4.07 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. Also explore Smartoptics Group AS (SMOP) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr27.92 Million |
| % of Total Assets | 41.91% |
| Annual Growth Rate | 5.47% |
| 5-Year Change | -85.18% |
| 10-Year Change | 160.88% |
| Growth Volatility | 90.97 |
Net Assets of Smartoptics Group AS (2008–2025)
Net assets of Smartoptics Group AS from 2008 to 2025. This chart illustrates how Smartoptics Group AS's net assets have evolved over time, based on quarterly financial data. See Smartoptics Group AS net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Smartoptics Group AS (2008–2025)
The table below shows the annual net assets of Smartoptics Group AS from 2008 to 2025. For live market cap and overall valuation, see Smartoptics Group AS market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr30.26 Million ≈ $3.18 Million |
+6.36% |
| 2024-12-31 | Nkr28.45 Million ≈ $2.99 Million |
-5.30% |
| 2023-12-31 | Nkr30.05 Million ≈ $3.16 Million |
+8.85% |
| 2022-12-31 | Nkr27.61 Million ≈ $2.90 Million |
-86.48% |
| 2021-12-31 | Nkr204.17 Million ≈ $21.48 Million |
+101.31% |
| 2020-12-31 | Nkr101.42 Million ≈ $10.67 Million |
+15.86% |
| 2019-12-31 | Nkr87.54 Million ≈ $9.21 Million |
-4.08% |
| 2018-12-31 | Nkr91.26 Million ≈ $9.60 Million |
+259.18% |
| 2010-12-31 | Nkr25.41 Million ≈ $2.67 Million |
+119.02% |
| 2009-12-31 | Nkr11.60 Million ≈ $1.22 Million |
-5.14% |
| 2008-12-31 | Nkr12.23 Million ≈ $1.29 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Smartoptics Group AS'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 3514842700.0% over the analyzed period, indicating profitable operations and earnings retention.
Smartoptics Group AS Net Assets Breakdown (December 2025)
Smartoptics Group AS net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr15.45 Million | 51.04% |
| Other Components | Nkr14.82 Million | 48.96% |
| Total Equity | Nkr30.26 Million | 100.00% |
Smartoptics Group AS Competitors by Market Cap
The table below lists competitors of Smartoptics Group AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Guangju Energy Co Ltd
SHE:000096
|
$577.93 Million |
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
$578.01 Million |
|
Mesa Laboratories Inc
NASDAQ:MLAB
|
$578.17 Million |
|
Ironwood Pharmaceuticals Inc
NASDAQ:IRWD
|
$578.34 Million |
|
DXN HOLDINGS BHD.
KLSE:5318
|
$577.63 Million |
|
Impact Growth REIT
BK:IMPACT
|
$577.60 Million |
|
Nanfang Black Sesame Group Co Ltd
SHE:000716
|
$577.29 Million |
|
Beijing Konruns Pharmaceutical Co Ltd
SHG:603590
|
$577.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smartoptics Group AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,454,000 to 30,264,000, a change of 1,810,000 (6.4%).
- Net income of 4,684,000 contributed positively to equity growth.
- Dividend payments of 5,660,000 reduced retained earnings.
- Other factors increased equity by 2,786,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr4.68 Million | +15.48% |
| Dividends Paid | Nkr5.66 Million | -18.7% |
| Other Changes | Nkr2.79 Million | +9.21% |
| Total Change | Nkr- | 6.36% |
Book Value vs Market Value Analysis
This analysis compares Smartoptics Group AS'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: 181.42x
- 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 139.38x to 181.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Nkr0.40 | Nkr56.00 | x |
| 2009-12-31 | Nkr0.27 | Nkr56.00 | x |
| 2010-12-31 | Nkr0.32 | Nkr56.00 | x |
| 2018-12-31 | Nkr0.95 | Nkr56.00 | x |
| 2019-12-31 | Nkr0.91 | Nkr56.00 | x |
| 2020-12-31 | Nkr1.05 | Nkr56.00 | x |
| 2021-12-31 | Nkr2.18 | Nkr56.00 | x |
| 2022-12-31 | Nkr0.29 | Nkr56.00 | x |
| 2023-12-31 | Nkr0.31 | Nkr56.00 | x |
| 2024-12-31 | Nkr0.29 | Nkr56.00 | x |
| 2025-12-31 | Nkr0.31 | Nkr56.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smartoptics Group AS 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): 15.48%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.22%
- • Asset Turnover: 1.34x
- • Equity Multiplier: 1.85x
- Recent ROE (15.48%) is above the historical average (8.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 31.97% | 53.25% | 0.40x | 1.49x | Nkr2.69 Million |
| 2009 | -42.21% | -27.41% | 0.66x | 2.35x | Nkr-6.06 Million |
| 2010 | -2.82% | -2.65% | 0.64x | 1.67x | Nkr-3.26 Million |
| 2018 | -0.66% | 0.00% | 0.00x | 1.05x | Nkr-9.73 Million |
| 2019 | 4.03% | 1.53% | 1.39x | 1.89x | Nkr-5.23 Million |
| 2020 | 13.22% | 4.10% | 1.46x | 2.22x | Nkr3.27 Million |
| 2021 | 14.96% | 7.75% | 1.16x | 1.66x | Nkr10.12 Million |
| 2022 | 24.59% | 11.83% | 1.29x | 1.61x | Nkr4.03 Million |
| 2023 | 24.86% | 12.77% | 1.19x | 1.63x | Nkr4.47 Million |
| 2024 | 14.21% | 7.28% | 1.13x | 1.72x | Nkr1.20 Million |
| 2025 | 15.48% | 6.22% | 1.34x | 1.85x | Nkr1.66 Million |
Industry Comparison
This section compares Smartoptics Group AS's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $366,339,333
- Average return on equity (ROE) among peers: -26.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smartoptics Group AS (SMOP) | Nkr27.92 Million | 31.97% | 1.39x | $577.76 Million |
| Huddly AS (HDLY) | $446.05 Million | -70.20% | 0.43x | $71.07 Million |
| Napatech A/S (NAPA) | $197.00 Million | 3.92% | 0.26x | $426.83 Million |
| Techstep ASA (TECH) | $455.97 Million | -14.11% | 0.79x | $6.88 Million |
About Smartoptics Group AS
Smartoptics Group ASA provides optical networking solutions and devices in the Americas, Europe, the Middle East, Africa, and the Asia"Pacific. Its products include flexible open-line systems; multiplexers and optical add/drop multiplexers; modular transponders and muxponders; optical transceivers; active and passive systems; and optical transceivers datasheets, as well as Sosmart software suite.… Read more