IAR Systems Group AB (publ)
IAR Systems Group AB (publ) provides programming processors in embedded systems and embedded security solutions in the United States, Japan, China, South Korea, the United Kingdom, Germany, France, Sweden, and internationally. The company offers a platform for software development teams; and embedded development platform solutions, such as design and code generation, comprehensive development, em… Read more
IAR Systems Group AB (publ) (IARGF) - Net Assets
Latest net assets as of June 2025: $435.90 Million USD
Based on the latest financial reports, IAR Systems Group AB (publ) (IARGF) has net assets worth $435.90 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($683.90 Million) and total liabilities ($248.00 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 | $435.90 Million |
| % of Total Assets | 63.74% |
| Annual Growth Rate | 33.42% |
| 5-Year Change | 519.22% |
| 10-Year Change | N/A |
| Growth Volatility | 315.71 |
IAR Systems Group AB (publ) - Net Assets Trend (2015–2024)
This chart illustrates how IAR Systems Group AB (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 IAR Systems Group AB (publ) (2015–2024)
The table below shows the annual net assets of IAR Systems Group AB (publ) from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $462.50 Million | +1006.74% |
| 2023-12-31 | $41.79 Million | -34.38% |
| 2022-12-31 | $63.68 Million | -1.18% |
| 2021-12-31 | $64.44 Million | -13.72% |
| 2020-12-31 | $74.69 Million | +18.11% |
| 2019-12-31 | $63.24 Million | +1.94% |
| 2018-12-31 | $62.04 Million | +74.90% |
| 2017-12-31 | $35.47 Million | +15.28% |
| 2016-12-31 | $30.77 Million | -10.84% |
| 2015-12-31 | $34.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to IAR Systems Group AB (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 grown by 41.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $22.70 Million | 4.91% |
| Common Stock | $139.70 Million | 30.21% |
| Other Comprehensive Income | $6.51 Million | 1.41% |
| Other Components | $293.59 Million | 63.48% |
| Total Equity | $462.50 Million | 100.00% |
IAR Systems Group AB (publ) Competitors by Market Cap
The table below lists competitors of IAR Systems Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sitka Gold Corp
OTCQB:SITKF
|
$114.76 Million |
|
Kalyani Steels Limited
NSE:KSL
|
$114.76 Million |
|
Photocure
OL:PHO
|
$114.80 Million |
|
Fabasoft AG
PINK:FBSFF
|
$114.81 Million |
|
079900
KO:079900
|
$114.70 Million |
|
ENDAE
IS:ENDAE
|
$114.70 Million |
|
Shoppers Stop Limited
NSE:SHOPERSTOP
|
$114.65 Million |
|
6ZF
F:6ZF
|
$114.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in IAR Systems Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,789,580 to 462,500,000, a change of 420,710,420 (1006.7%).
- Net income of 135,200,000 contributed positively to equity growth.
- Dividend payments of 20,000,000 reduced retained earnings.
- Share repurchases of 86,600,000 reduced equity.
- Other comprehensive income decreased equity by 483,590.
- Other factors increased equity by 392,594,010.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $135.20 Million | +29.23% |
| Dividends Paid | $20.00 Million | -4.32% |
| Share Repurchases | $86.60 Million | -18.72% |
| Other Comprehensive Income | $-483.59K | -0.1% |
| Other Changes | $392.59 Million | +84.89% |
| Total Change | $- | 1006.74% |
Book Value vs Market Value Analysis
This analysis compares IAR Systems Group AB (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: 0.35x
- 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 4.39x to 0.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $2.73 | $12.00 | x |
| 2016-12-31 | $2.44 | $12.00 | x |
| 2017-12-31 | $2.81 | $12.00 | x |
| 2018-12-31 | $4.72 | $12.00 | x |
| 2019-12-31 | $4.63 | $12.00 | x |
| 2020-12-31 | $5.47 | $12.00 | x |
| 2021-12-31 | $4.72 | $12.00 | x |
| 2022-12-31 | $4.63 | $12.00 | x |
| 2023-12-31 | $3.07 | $12.00 | x |
| 2024-12-31 | $34.13 | $12.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently IAR Systems Group AB (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): 29.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.75%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 1.57x
- Recent ROE (29.23%) is above the historical average (8.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 21.79% | 20.34% | 0.78x | 1.37x | $4.07 Million |
| 2016 | 26.48% | 22.53% | 0.83x | 1.42x | $5.07 Million |
| 2017 | 27.55% | 23.19% | 0.84x | 1.41x | $6.22 Million |
| 2018 | 15.93% | 22.74% | 0.53x | 1.31x | $3.68 Million |
| 2019 | 13.72% | 20.02% | 0.49x | 1.39x | $2.35 Million |
| 2020 | 9.68% | 15.97% | 0.45x | 1.36x | $-236.22K |
| 2021 | -11.52% | -18.94% | 0.44x | 1.39x | $-13.86 Million |
| 2022 | 8.67% | 13.77% | 0.46x | 1.38x | $-848.04K |
| 2023 | -54.09% | -46.12% | 0.69x | 1.70x | $-26.78 Million |
| 2024 | 29.23% | 27.75% | 0.67x | 1.57x | $88.95 Million |
Industry Comparison
This section compares IAR Systems Group AB (publ)'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| IAR Systems Group AB (publ) (IARGF) | $435.90 Million | 21.79% | 0.57x | $114.75 Million |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |