Fastighets AB Balder (publ)
Fastighets AB Balder (publ) develops, owns, leases, and manages residential and commercial properties in Sweden, Denmark, Finland, Norway, Germany, and the United Kingdom. Its property portfolio comprises hotels, apartments, offices, shops, restaurants or cafés, schools, industrial spaces, warehouses, and storage spaces, as well as garages and parking spaces. Fastighets AB Balder (publ) was incor… Read more
Fastighets AB Balder (publ) (BALDF) - Net Assets
Latest net assets as of December 2025: $106.22 Billion USD
Based on the latest financial reports, Fastighets AB Balder (publ) (BALDF) has net assets worth $106.22 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($275.60 Billion) and total liabilities ($169.37 Billion). 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 | $106.22 Billion |
| % of Total Assets | 38.54% |
| Annual Growth Rate | 27.29% |
| 5-Year Change | 19.94% |
| 10-Year Change | 217.29% |
| Growth Volatility | 25.76 |
Fastighets AB Balder (publ) - Net Assets Trend (2005–2025)
This chart illustrates how Fastighets AB Balder (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fastighets AB Balder (publ) (2005–2025)
The table below shows the annual net assets of Fastighets AB Balder (publ) from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $106.22 Billion | +4.41% |
| 2024-12-31 | $101.73 Billion | +8.24% |
| 2023-12-31 | $93.99 Billion | -8.67% |
| 2022-12-31 | $102.91 Billion | +16.19% |
| 2021-12-31 | $88.57 Billion | +30.46% |
| 2020-12-31 | $67.89 Billion | +15.60% |
| 2019-12-31 | $58.73 Billion | +23.87% |
| 2018-12-31 | $47.41 Billion | +25.69% |
| 2017-12-31 | $37.72 Billion | +12.66% |
| 2016-12-31 | $33.48 Billion | +33.64% |
| 2015-12-31 | $25.05 Billion | +75.66% |
| 2014-12-31 | $14.26 Billion | +27.38% |
| 2013-12-31 | $11.20 Billion | +35.07% |
| 2012-12-31 | $8.29 Billion | +24.11% |
| 2011-12-31 | $6.68 Billion | +43.39% |
| 2010-12-31 | $4.66 Billion | +40.19% |
| 2009-12-31 | $3.32 Billion | +79.22% |
| 2008-12-31 | $1.85 Billion | -18.88% |
| 2007-12-31 | $2.29 Billion | +52.30% |
| 2006-12-31 | $1.50 Billion | +76.18% |
| 2005-12-31 | $851.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fastighets AB Balder (publ)'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $197.84 Million | 0.21% |
| Other Components | $93.42 Billion | 99.79% |
| Total Equity | $93.62 Billion | 100.00% |
Fastighets AB Balder (publ) Competitors by Market Cap
The table below lists competitors of Fastighets AB Balder (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wix.Com Ltd
NASDAQ:WIX
|
$4.42 Billion |
|
Vail Resorts Inc
NYSE:MTN
|
$4.43 Billion |
|
Ackermans & Van Haaren NV
PINK:AVHNF
|
$4.43 Billion |
|
SUMITOMO FORESTRY
F:5F6
|
$4.43 Billion |
|
Alaska Air Group Inc
NYSE:ALK
|
$4.42 Billion |
|
Outfront Media Inc
NYSE:OUT
|
$4.42 Billion |
|
Krafton Inc
KO:259960
|
$4.42 Billion |
|
Kanzhun Limited
F:8JN0
|
$4.41 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fastighets AB Balder (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 88,420,000,000 to 93,616,570,000, a change of 5,196,570,000 (5.9%).
- Net income of 7,601,883,000 contributed positively to equity growth.
- Share repurchases of 267,000,000 reduced equity.
- Other comprehensive income increased equity by 136,000,000.
- Other factors decreased equity by 2,274,313,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.60 Billion | +8.12% |
| Share Repurchases | $267.00 Million | -0.29% |
| Other Comprehensive Income | $136.00 Million | +0.15% |
| Other Changes | $-2.27 Billion | -2.43% |
| Total Change | $- | 5.88% |
Book Value vs Market Value Analysis
This analysis compares Fastighets AB Balder (publ)'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: 0.01x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 3.46x to 0.01x 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 | $1.82 | $6.30 | x |
| 2006-12-31 | $2.66 | $6.30 | x |
| 2007-12-31 | $3.91 | $6.30 | x |
| 2008-12-31 | $3.22 | $6.30 | x |
| 2009-12-31 | $4.90 | $6.30 | x |
| 2010-12-31 | $5.19 | $6.30 | x |
| 2011-12-31 | $7.01 | $6.30 | x |
| 2012-12-31 | $8.66 | $6.30 | x |
| 2013-12-31 | $11.70 | $6.30 | x |
| 2014-12-31 | $14.69 | $6.30 | x |
| 2015-12-31 | $21.17 | $6.30 | x |
| 2016-12-31 | $26.82 | $6.30 | x |
| 2017-12-31 | $28.98 | $6.30 | x |
| 2018-12-31 | $37.17 | $6.30 | x |
| 2019-12-31 | $45.38 | $6.30 | x |
| 2020-12-31 | $53.74 | $6.30 | x |
| 2021-12-31 | $69.35 | $6.30 | x |
| 2022-12-31 | $80.59 | $6.30 | x |
| 2023-12-31 | $71.33 | $6.30 | x |
| 2024-12-31 | $75.44 | $6.30 | x |
| 2025-12-31 | $684.29 | $6.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fastighets AB Balder (publ) 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): 8.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 55.54%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.94x
- Recent ROE (8.12%) is below the historical average (16.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 31.04% | 203.23% | 0.04x | 3.43x | $179.22 Million |
| 2006 | 29.37% | 84.20% | 0.07x | 4.86x | $290.73 Million |
| 2007 | 34.34% | 115.70% | 0.09x | 3.32x | $556.25 Million |
| 2008 | -20.91% | -61.29% | 0.08x | 4.29x | $-573.10 Million |
| 2009 | 7.47% | 29.00% | 0.06x | 4.16x | $-84.03 Million |
| 2010 | 37.69% | 131.58% | 0.09x | 3.24x | $1.29 Billion |
| 2011 | 12.16% | 55.39% | 0.08x | 2.84x | $144.50 Million |
| 2012 | 14.02% | 68.31% | 0.07x | 2.88x | $333.10 Million |
| 2013 | 15.52% | 92.25% | 0.06x | 2.68x | $618.40 Million |
| 2014 | 21.93% | 123.88% | 0.06x | 2.82x | $1.70 Billion |
| 2015 | 23.78% | 181.34% | 0.04x | 3.55x | $2.85 Billion |
| 2016 | 19.59% | 101.88% | 0.06x | 3.32x | $2.68 Billion |
| 2017 | 22.74% | 120.34% | 0.06x | 3.40x | $3.99 Billion |
| 2018 | 23.19% | 138.64% | 0.05x | 3.19x | $5.29 Billion |
| 2019 | 18.28% | 117.73% | 0.05x | 3.22x | $4.06 Billion |
| 2020 | 11.41% | 81.64% | 0.05x | 3.10x | $820.00 Million |
| 2021 | 23.85% | 206.65% | 0.04x | 2.96x | $10.75 Billion |
| 2022 | 11.28% | 96.71% | 0.04x | 2.92x | $1.16 Billion |
| 2023 | -8.20% | -56.48% | 0.05x | 3.08x | $-14.98 Billion |
| 2024 | 3.74% | 25.66% | 0.05x | 3.03x | $-5.54 Billion |
| 2025 | 8.12% | 55.54% | 0.05x | 2.94x | $-1.76 Billion |
Industry Comparison
This section compares Fastighets AB Balder (publ)'s net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $41,006,195,970
- Average return on equity (ROE) among peers: 6.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fastighets AB Balder (publ) (BALDF) | $106.22 Billion | 31.04% | 1.59x | $4.42 Billion |
| Bresler & Reiner Inc (BRER) | $83.54 Million | 11.05% | 0.17x | $283.08 |
| Chinese Estates Holdings Limited (CESTF) | $20.06 Billion | 2.54% | 0.09x | $71.54 Million |
| Central Pattana Public Company Limited (CPNNF) | $12.57 Billion | 13.40% | 1.73x | $3.86 Billion |
| Community Redevelopment Inc (CRDV) | $-607.67K | 0.00% | 0.00x | $450.08K |
| Daito Trust Construction Co.Ltd (DITTF) | $308.21 Billion | 20.21% | 1.98x | $30.07 Billion |
| Eco Depot Inc (ECDP) | $-11.54K | 0.00% | 0.00x | $557.87 |
| Frasers Property Limited (FSRPF) | $10.65 Billion | 6.80% | 1.17x | $289.47 Million |
| 420 Property Management Inc (FTPM) | $-19.97 Million | 0.00% | 0.00x | $1.99 |
| Great Eagle Holdings Limited (GEAHF) | $17.50 Billion | 3.69% | 0.60x | $355.22 Million |