CSAM Health Group AS
Omda AS provides software solutions for healthcare sector in Norway, Sweden, Denmark, and internationally. The company offers laboratory information management systems consist of CSAM ProSang, a blood, cell, and tissue management system; and medical medication solution comprising CSAM Cytodose, an oncology treatment management solution. It also provides connected healthcare solutions, including O… Read more
CSAM Health Group AS (CSAMF) - Net Assets
Latest net assets as of March 2025: $32.64 Million USD
Based on the latest financial reports, CSAM Health Group AS (CSAMF) has net assets worth $32.64 Million USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($771.01 Million) and total liabilities ($738.37 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 | $32.64 Million |
| % of Total Assets | 4.23% |
| Annual Growth Rate | -13.84% |
| 5-Year Change | -90.06% |
| 10-Year Change | N/A |
| Growth Volatility | 256.87 |
CSAM Health Group AS - Net Assets Trend (2018–2024)
This chart illustrates how CSAM Health Group AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CSAM Health Group AS (2018–2024)
The table below shows the annual net assets of CSAM Health Group AS from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.68 Million | -74.09% |
| 2023-12-31 | $95.26 Million | +231.06% |
| 2022-12-31 | $28.77 Million | -82.73% |
| 2021-12-31 | $166.60 Million | -32.92% |
| 2020-12-31 | $248.35 Million | +626.22% |
| 2019-12-31 | $34.20 Million | -43.32% |
| 2018-12-31 | $60.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CSAM Health 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 8318000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $24.68 Million | 100.00% |
| Total Equity | $24.68 Million | 100.00% |
CSAM Health Group AS Competitors by Market Cap
The table below lists competitors of CSAM Health Group AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PWO AG
LSE:0NHL
|
$40.76 Million |
|
AEC SECURITIES
BK:BYD-R
|
$40.76 Million |
|
Huhtamaki India Limited
NSE:HUHTAMAKI
|
$40.76 Million |
|
Readly International AB
ST:READ
|
$40.77 Million |
|
APG Securities Joint Stock Co
VN:APG
|
$40.75 Million |
|
AIRTIF.INTEL.STR. EO-09
F:IRG
|
$40.74 Million |
|
Truong Thanh Furniture Corp
VN:TTF
|
$40.73 Million |
|
Perak Transit Bhd
KLSE:0186
|
$40.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CSAM Health Group AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 95,257,000 to 24,677,000, a change of -70,580,000 (-74.1%).
- Net loss of 66,727,000 reduced equity.
- Dividend payments of 9,741,000 reduced retained earnings.
- Other factors increased equity by 5,888,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-66.73 Million | -270.4% |
| Dividends Paid | $9.74 Million | -39.47% |
| Other Changes | $5.89 Million | +23.86% |
| Total Change | $- | -74.09% |
Book Value vs Market Value Analysis
This analysis compares CSAM Health 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: 3.94x
- 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 1.67x to 3.94x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $2.89 | $4.82 | x |
| 2019-12-31 | $1.64 | $4.82 | x |
| 2020-12-31 | $11.88 | $4.82 | x |
| 2021-12-31 | $7.95 | $4.82 | x |
| 2022-12-31 | $1.37 | $4.82 | x |
| 2023-12-31 | $4.66 | $4.82 | x |
| 2024-12-31 | $1.22 | $4.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CSAM Health 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): -270.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -15.70%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 31.92x
- Recent ROE (-270.40%) is below the historical average (-114.35%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -19.03% | -6.86% | 0.57x | 4.84x | $-17.51 Million |
| 2019 | -105.97% | -17.64% | 0.59x | 10.12x | $-39.66 Million |
| 2020 | -3.71% | -4.03% | 0.35x | 2.66x | $-34.06 Million |
| 2021 | -53.49% | -27.06% | 0.40x | 4.89x | $-105.78 Million |
| 2022 | -457.37% | -35.89% | 0.53x | 24.10x | $-134.48 Million |
| 2023 | 109.55% | 25.42% | 0.53x | 8.08x | $94.82 Million |
| 2024 | -270.40% | -15.70% | 0.54x | 31.92x | $-69.19 Million |
Industry Comparison
This section compares CSAM Health Group AS's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CSAM Health Group AS (CSAMF) | $32.64 Million | -19.03% | 22.62x | $40.75 Million |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |