AB Industrivärden (publ)
AB Industrivärden is a publicly owned investment manager. The firm invests in the public equity markets of Nordic region. It employs fundamental analysis, with a focus on factors like long term return potential, proven business model, balance between risk and return, and attractive valuation to create its portfolio. AB Industrivärden was founded in 1944 and is based in Stockholm, Sweden.
AB Industrivärden (publ) (IDTVF) - Net Assets
Latest net assets as of June 2025: $165.22 Billion USD
Based on the latest financial reports, AB Industrivärden (publ) (IDTVF) has net assets worth $165.22 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($172.00 Billion) and total liabilities ($6.78 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 | $165.22 Billion |
| % of Total Assets | 96.06% |
| Annual Growth Rate | 6.49% |
| 5-Year Change | 31.58% |
| 10-Year Change | 134.6% |
| Growth Volatility | 27.31 |
AB Industrivärden (publ) - Net Assets Trend (2005–2024)
This chart illustrates how AB Industrivärden (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 AB Industrivärden (publ) (2005–2024)
The table below shows the annual net assets of AB Industrivärden (publ) from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $159.18 Billion | +6.20% |
| 2023-12-31 | $149.88 Billion | +18.78% |
| 2022-12-31 | $126.18 Billion | -11.81% |
| 2021-12-31 | $143.08 Billion | +18.27% |
| 2020-12-31 | $120.98 Billion | +7.51% |
| 2019-12-31 | $112.53 Billion | +32.17% |
| 2018-12-31 | $85.14 Billion | -11.20% |
| 2017-12-31 | $95.88 Billion | +16.74% |
| 2016-12-31 | $82.13 Billion | +21.04% |
| 2015-12-31 | $67.85 Billion | +0.66% |
| 2014-12-31 | $67.41 Billion | +13.71% |
| 2013-12-31 | $59.28 Billion | +22.39% |
| 2012-12-31 | $48.44 Billion | +23.75% |
| 2011-12-31 | $39.14 Billion | -30.51% |
| 2010-12-31 | $56.33 Billion | +32.40% |
| 2009-12-31 | $42.54 Billion | +80.40% |
| 2008-12-31 | $23.58 Billion | -56.99% |
| 2007-12-31 | $54.84 Billion | -6.25% |
| 2006-12-31 | $58.49 Billion | +21.28% |
| 2005-12-31 | $48.23 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AB Industrivärden (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 3925.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $157.03 Billion | 98.65% |
| Common Stock | $1.09 Billion | 0.68% |
| Other Components | $1.06 Billion | 0.67% |
| Total Equity | $159.18 Billion | 100.00% |
AB Industrivärden (publ) Competitors by Market Cap
The table below lists competitors of AB Industrivärden (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mitsubishi Chemical Holdings Corporation
PINK:MTLHF
|
$6.81 Billion |
|
CITIC Limited
PINK:CTPCF
|
$6.82 Billion |
|
China Spacesat Co Ltd
SHG:600118
|
$6.83 Billion |
|
Yintai Resources Co Ltd
SHE:000975
|
$6.84 Billion |
|
Commercial Metals Company
NYSE:CMC
|
$6.80 Billion |
|
NIO Inc.
PINK:NIOIF
|
$6.80 Billion |
|
American Airlines Group
NASDAQ:AAL
|
$6.80 Billion |
|
Air Lease Corporation
NYSE:AL
|
$6.80 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB Industrivärden (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 149,880,000,000 to 159,178,000,000, a change of 9,298,000,000 (6.2%).
- Net income of 12,654,000,000 contributed positively to equity growth.
- Dividend payments of 3,347,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,063,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.65 Billion | +7.95% |
| Dividends Paid | $3.35 Billion | -2.1% |
| Other Comprehensive Income | $-1.06 Billion | -0.67% |
| Other Changes | $1.05 Billion | +0.66% |
| Total Change | $- | 6.20% |
Book Value vs Market Value Analysis
This analysis compares AB Industrivärden (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: 0.08x
- 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 0.64x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $48.49 | $31.26 | x |
| 2003-12-31 | $42.49 | $31.26 | x |
| 2004-12-31 | $43.27 | $31.26 | x |
| 2005-12-31 | $124.85 | $31.26 | x |
| 2006-12-31 | $151.42 | $31.26 | x |
| 2007-12-31 | $141.97 | $31.26 | x |
| 2008-12-31 | $62.68 | $31.26 | x |
| 2009-12-31 | $110.14 | $31.26 | x |
| 2010-12-31 | $131.76 | $31.26 | x |
| 2011-12-31 | $101.33 | $31.26 | x |
| 2012-12-31 | $104.93 | $31.26 | x |
| 2013-12-31 | $128.17 | $31.26 | x |
| 2014-12-31 | $145.55 | $31.26 | x |
| 2015-12-31 | $146.44 | $31.26 | x |
| 2016-12-31 | $177.26 | $31.26 | x |
| 2017-12-31 | $220.43 | $31.26 | x |
| 2018-12-31 | $195.63 | $31.26 | x |
| 2019-12-31 | $258.56 | $31.26 | x |
| 2020-12-31 | $277.97 | $31.26 | x |
| 2021-12-31 | $331.28 | $31.26 | x |
| 2022-12-31 | $292.15 | $31.26 | x |
| 2023-12-31 | $347.03 | $31.26 | x |
| 2024-12-31 | $368.58 | $31.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB Industrivärden (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): 7.95%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 99.36%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.05x
- Recent ROE (7.95%) is above the historical average (5.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 20.83% | 41.56% | 0.39x | 1.30x | $2.03 Billion |
| 2003 | -5.28% | -24.51% | 0.17x | 1.28x | $-2.51 Billion |
| 2004 | 9.32% | 26.68% | 0.24x | 1.43x | $-114.30 Million |
| 2005 | 29.45% | 588.81% | 0.04x | 1.12x | $9.38 Billion |
| 2006 | 19.87% | 97.30% | 0.18x | 1.11x | $5.77 Billion |
| 2007 | -3.54% | 0.00% | -0.03x | 1.21x | $-7.43 Billion |
| 2008 | -123.45% | 0.00% | -0.79x | 1.53x | $-31.47 Billion |
| 2009 | 48.58% | 97.14% | 0.40x | 1.26x | $16.41 Billion |
| 2010 | 26.40% | 96.03% | 0.22x | 1.27x | $9.24 Billion |
| 2011 | -39.98% | 0.00% | -0.27x | 1.46x | $-19.56 Billion |
| 2012 | 22.73% | 99.97% | 0.16x | 1.42x | $6.16 Billion |
| 2013 | 20.48% | 99.99% | 0.15x | 1.34x | $6.21 Billion |
| 2014 | 7.81% | 96.39% | 0.06x | 1.25x | $-1.48 Billion |
| 2015 | 4.57% | 93.55% | 0.04x | 1.22x | $-3.68 Billion |
| 2016 | 20.03% | 99.87% | 0.17x | 1.16x | $8.24 Billion |
| 2017 | 16.22% | 99.92% | 0.14x | 1.13x | $5.97 Billion |
| 2018 | -9.78% | 0.00% | -0.09x | 1.10x | $-16.84 Billion |
| 2019 | 26.52% | 99.65% | 0.26x | 1.04x | $18.58 Billion |
| 2020 | 6.98% | 99.34% | 0.07x | 1.07x | $-3.66 Billion |
| 2021 | 18.59% | 99.65% | 0.18x | 1.05x | $12.29 Billion |
| 2022 | -11.07% | 0.00% | -0.10x | 1.07x | $-26.59 Billion |
| 2023 | 17.91% | 98.44% | 0.17x | 1.06x | $11.86 Billion |
| 2024 | 7.95% | 99.36% | 0.08x | 1.05x | $-3.26 Billion |
Industry Comparison
This section compares AB Industrivärden (publ)'s net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB Industrivärden (publ) (IDTVF) | $165.22 Billion | 20.83% | 0.04x | $6.81 Billion |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |