H&K AG (MLHK) - Net Assets
Based on the latest financial reports, H&K AG (MLHK) has net assets worth €154.80 Million EUR (≈ $180.98 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€502.60 Million ≈ $587.59 Million USD) and total liabilities (€347.80 Million ≈ $406.61 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 MLHK current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €154.80 Million |
| % of Total Assets | 30.8% |
| Annual Growth Rate | 15.94% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 450.98 |
H&K AG - Net Assets Trend (2003–2024)
This chart illustrates how H&K AG's net assets have evolved over time, based on quarterly financial data. Check H&K AG tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for H&K AG (2003–2024)
The table below shows the annual net assets of H&K AG from 2003 to 2024. For live valuation and market cap data, see market cap of H&K AG.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €133.44 Million ≈ $156.00 Million |
+27.77% |
| 2023-12-31 | €104.44 Million ≈ $122.10 Million |
+48.53% |
| 2022-12-31 | €70.31 Million ≈ $82.20 Million |
+182.48% |
| 2021-12-31 | €-85.25 Million ≈ $-99.67 Million |
+21.26% |
| 2020-12-31 | €-108.27 Million ≈ $-126.58 Million |
+10.42% |
| 2019-12-31 | €-120.87 Million ≈ $-141.31 Million |
-1.83% |
| 2018-12-31 | €-118.70 Million ≈ $-138.77 Million |
-8.58% |
| 2017-12-31 | €-109.32 Million ≈ $-127.81 Million |
+25.32% |
| 2016-12-31 | €-146.38 Million ≈ $-171.14 Million |
+2.21% |
| 2015-12-31 | €-149.70 Million ≈ $-175.01 Million |
+14.11% |
| 2014-12-31 | €-174.30 Million ≈ $-203.77 Million |
-15.05% |
| 2013-12-31 | €-151.50 Million ≈ $-177.12 Million |
-3787449900.00% |
| 2012-12-31 | €-4.00 ≈ $-4.68 |
-- |
| 2011-12-31 | €0.00 ≈ $0.00 |
-- |
| 2007-12-31 | €32.39 Million ≈ $37.87 Million |
-37.22% |
| 2006-12-31 | €51.60 Million ≈ $60.33 Million |
-24.56% |
| 2005-12-31 | €68.40 Million ≈ $79.96 Million |
-16.22% |
| 2004-12-31 | €81.64 Million ≈ $95.44 Million |
+1265.62% |
| 2003-12-31 | €5.98 Million ≈ $6.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to H&K AG'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 decreased by 2683.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €35.48 Million | 26.59% |
| Other Comprehensive Income | €2.73 Million | 2.04% |
| Other Components | €148.63 Million | 111.39% |
| Total Equity | €133.44 Million | 100.00% |
H&K AG Competitors by Market Cap
The table below lists competitors of H&K AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SINOTRANS LTD H YC 1
F:SIY
|
$1.04 Billion |
|
MYT Netherlands Parent BV
NYSE:MYTE
|
$1.04 Billion |
|
Wah Lee Industrial Corp
TW:3010
|
$1.04 Billion |
|
uPI Semiconductor Corp
TW:6719
|
$1.04 Billion |
|
MI Technovation Bhd
KLSE:5286
|
$1.04 Billion |
|
Huaku Development Co Ltd
TW:2548
|
$1.04 Billion |
|
BKI Investment Company Ltd
AU:BKI
|
$1.04 Billion |
|
CATARC Automotive Proving Ground Co.Ltd.
SHE:301215
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in H&K AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 104,437,000 to 133,437,000, a change of 29,000,000 (27.8%).
- Net income of 26,978,000 contributed positively to equity growth.
- Dividend payments of 1,229,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,151,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €26.98 Million | +20.22% |
| Dividends Paid | €1.23 Million | -0.92% |
| Other Comprehensive Income | €4.15 Million | +3.11% |
| Other Changes | €-900.00K | -0.67% |
| Total Change | €- | 27.77% |
Book Value vs Market Value Analysis
This analysis compares H&K AG'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: 6.65x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | €-3.56 | €25.00 | x |
| 2014-12-31 | €-4.10 | €25.00 | x |
| 2015-12-31 | €-3.52 | €25.00 | x |
| 2016-12-31 | €-5.61 | €25.00 | x |
| 2017-12-31 | €-3.89 | €25.00 | x |
| 2018-12-31 | €-3.46 | €25.00 | x |
| 2019-12-31 | €-3.52 | €25.00 | x |
| 2020-12-31 | €-3.15 | €25.00 | x |
| 2021-12-31 | €-2.48 | €25.00 | x |
| 2022-12-31 | €2.05 | €25.00 | x |
| 2023-12-31 | €3.21 | €25.00 | x |
| 2024-12-31 | €3.76 | €25.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently H&K AG 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): 20.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.86%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 3.43x
- Recent ROE (20.22%) is above the historical average (8.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | -2.44% | 0.52x | 0.00x | €-3.59 Million |
| 2013 | 0.00% | 7.70% | 0.79x | 0.00x | €32.17 Million |
| 2014 | 0.00% | -10.36% | 0.59x | 0.00x | €1.36 Million |
| 2015 | 0.00% | 12.53% | 0.77x | 0.00x | €37.15 Million |
| 2016 | 0.00% | 3.56% | 0.94x | 0.00x | €21.84 Million |
| 2017 | 0.00% | -7.35% | 0.82x | 0.00x | €-2.45 Million |
| 2018 | 0.00% | -3.64% | 0.84x | 0.00x | €3.82 Million |
| 2019 | 0.00% | 0.67% | 0.95x | 0.00x | €13.69 Million |
| 2020 | 0.00% | 4.90% | 1.00x | 0.00x | €24.31 Million |
| 2021 | 0.00% | 7.53% | 0.94x | 0.00x | €30.37 Million |
| 2022 | 72.02% | 16.60% | 0.93x | 4.67x | €43.61 Million |
| 2023 | 18.39% | 6.37% | 0.85x | 3.39x | €8.77 Million |
| 2024 | 20.22% | 7.86% | 0.75x | 3.43x | €13.63 Million |
Industry Comparison
This section compares H&K AG's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $4,309,869,223
- Average return on equity (ROE) among peers: 2.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| H&K AG (MLHK) | €154.80 Million | 0.00% | 2.25x | $1.04 Billion |
| Airbus Group SE (AIR) | $19.70 Billion | 21.49% | 5.56x | $136.73 Billion |
| Dassault Aviation SA (AM) | $4.46 Billion | 7.23% | 1.28x | $23.29 Billion |
| Exail Technologies S.A. (EXA) | $161.57 Million | -1.15% | 1.37x | $1.43 Billion |
| Figeac Aero SA (FGA) | $18.57 Million | 0.00% | 4.21x | $487.08 Million |
| Lisi S.A (FII) | $1.02 Billion | 6.83% | 0.96x | $2.90 Billion |
| Thales S.A. (HO) | $2.17 Billion | 5.12% | 7.40x | $51.35 Billion |
| Latécoère S.A. (LAT) | $388.91 Million | -0.39% | 1.21x | $190.83 Million |
| Verney-Carron S.A (MLVER) | $6.50 Million | 9.85% | 0.70x | $1.96 Million |
| Safran SA (SAF) | $10.87 Billion | -22.63% | 3.31x | $116.99 Billion |
About H&K AG
H&K AG, together with its subsidiary, develops, manufactures, markets, and distributes infantry and small arms for military and governmental authority personnel in Germany, the European Union, and NATO countries. It provides pistols, machine pistols, assault rifles, marksman rifles, submachine guns, 40 mm systems, and machine guns for military and law enforcement. The company also offers hunting … Read more