AB SKF (publ)
AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators… Read more
AB SKF (publ) (SKUFF) - Net Assets
Latest net assets as of June 2025: $55.39 Billion USD
Based on the latest financial reports, AB SKF (publ) (SKUFF) has net assets worth $55.39 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 ($111.38 Billion) and total liabilities ($55.99 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 | $55.39 Billion |
| % of Total Assets | 49.73% |
| Annual Growth Rate | 6.17% |
| 5-Year Change | 73.52% |
| 10-Year Change | 135.78% |
| Growth Volatility | 9.79 |
AB SKF (publ) - Net Assets Trend (1996–2024)
This chart illustrates how AB SKF (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 SKF (publ) (1996–2024)
The table below shows the annual net assets of AB SKF (publ) from 1996 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $61.97 Billion | +12.76% |
| 2023-12-31 | $54.96 Billion | +1.69% |
| 2022-12-31 | $54.04 Billion | +19.13% |
| 2021-12-31 | $45.37 Billion | +27.03% |
| 2020-12-31 | $35.71 Billion | -4.43% |
| 2019-12-31 | $37.37 Billion | +5.40% |
| 2018-12-31 | $35.45 Billion | +18.87% |
| 2017-12-31 | $29.82 Billion | +7.73% |
| 2016-12-31 | $27.68 Billion | +5.33% |
| 2015-12-31 | $26.28 Billion | +7.70% |
| 2014-12-31 | $24.40 Billion | +15.37% |
| 2013-12-31 | $21.15 Billion | -5.86% |
| 2012-12-31 | $22.47 Billion | +0.06% |
| 2011-12-31 | $22.45 Billion | +12.87% |
| 2010-12-31 | $19.89 Billion | +8.83% |
| 2009-12-31 | $18.28 Billion | -11.25% |
| 2008-12-31 | $20.60 Billion | +12.22% |
| 2007-12-31 | $18.36 Billion | -6.39% |
| 2006-12-31 | $19.61 Billion | +7.54% |
| 2005-12-31 | $18.23 Billion | +6.72% |
| 2004-12-31 | $17.09 Billion | +9.08% |
| 2003-12-31 | $15.66 Billion | -4.29% |
| 2002-12-31 | $16.36 Billion | -2.68% |
| 2001-12-31 | $16.82 Billion | +19.59% |
| 2000-12-31 | $14.06 Billion | +19.52% |
| 1999-12-31 | $11.77 Billion | +4.12% |
| 1998-12-31 | $11.30 Billion | -12.26% |
| 1997-12-31 | $12.88 Billion | +11.04% |
| 1996-12-31 | $11.60 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AB SKF (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 5285600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $52.86 Billion | 88.61% |
| Common Stock | $1.14 Billion | 1.91% |
| Other Comprehensive Income | $5.09 Billion | 8.53% |
| Other Components | $564.00 Million | 0.95% |
| Total Equity | $59.65 Billion | 100.00% |
AB SKF (publ) Competitors by Market Cap
The table below lists competitors of AB SKF (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bayer Aktiengesellschaft
F:BAYA
|
$10.29 Billion |
|
ARC Resources Ltd.
PINK:AETUF
|
$10.30 Billion |
|
ideaForge Technology Limited
NSE:IDEAFORGE
|
$10.32 Billion |
|
Cochlear Limited
PINK:CHEOF
|
$10.33 Billion |
|
Hua Nan Financial Holdings Co Ltd
TW:2880
|
$10.28 Billion |
|
Topbuild Corp
NYSE:BLD
|
$10.27 Billion |
|
Modine Manufacturing Company
NYSE:MOD
|
$10.27 Billion |
|
BT Group plc
PINK:BTGOF
|
$10.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB SKF (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 52,743,000,000 to 59,649,000,000, a change of 6,906,000,000 (13.1%).
- Net income of 6,474,000,000 contributed positively to equity growth.
- Dividend payments of 3,832,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,883,000,000.
- Other factors increased equity by 1,381,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.47 Billion | +10.85% |
| Dividends Paid | $3.83 Billion | -6.42% |
| Other Comprehensive Income | $2.88 Billion | +4.83% |
| Other Changes | $1.38 Billion | +2.32% |
| Total Change | $- | 13.09% |
Book Value vs Market Value Analysis
This analysis compares AB SKF (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: 0.17x
- 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 0.96x to 0.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | $23.61 | $22.60 | x |
| 1997-12-31 | $26.97 | $22.60 | x |
| 1998-12-31 | $23.20 | $22.60 | x |
| 1999-12-31 | $24.96 | $22.60 | x |
| 2000-12-31 | $29.85 | $22.60 | x |
| 2001-12-31 | $34.33 | $22.60 | x |
| 2002-12-31 | $35.94 | $22.60 | x |
| 2003-12-31 | $33.27 | $22.60 | x |
| 2004-12-31 | $36.33 | $22.60 | x |
| 2005-12-31 | $37.24 | $22.60 | x |
| 2006-12-31 | $40.14 | $22.60 | x |
| 2007-12-31 | $36.85 | $22.60 | x |
| 2008-12-31 | $41.07 | $22.60 | x |
| 2009-12-31 | $38.24 | $22.60 | x |
| 2010-12-31 | $41.58 | $22.60 | x |
| 2011-12-31 | $47.08 | $22.60 | x |
| 2012-12-31 | $46.83 | $22.60 | x |
| 2013-12-31 | $44.14 | $22.60 | x |
| 2014-12-31 | $50.71 | $22.60 | x |
| 2015-12-31 | $54.50 | $22.60 | x |
| 2016-12-31 | $57.15 | $22.60 | x |
| 2017-12-31 | $61.54 | $22.60 | x |
| 2018-12-31 | $73.54 | $22.60 | x |
| 2019-12-31 | $77.90 | $22.60 | x |
| 2020-12-31 | $75.29 | $22.60 | x |
| 2021-12-31 | $95.85 | $22.60 | x |
| 2022-12-31 | $114.04 | $22.60 | x |
| 2023-12-31 | $115.83 | $22.60 | x |
| 2024-12-31 | $131.00 | $22.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB SKF (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): 10.85%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.56%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 2.00x
- Recent ROE (10.85%) is below the historical average (15.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 15.35% | 5.04% | 0.99x | 3.07x | $589.80 Million |
| 1997 | 12.38% | 4.22% | 0.96x | 3.05x | $299.20 Million |
| 1998 | -15.54% | -4.36% | 0.97x | 3.69x | $-2.70 Billion |
| 1999 | 9.77% | 3.03% | 1.05x | 3.06x | $-25.70 Million |
| 2000 | 14.43% | 4.92% | 1.05x | 2.78x | $602.60 Million |
| 2001 | 13.86% | 5.00% | 1.06x | 2.62x | $603.70 Million |
| 2002 | 15.07% | 5.81% | 1.09x | 2.38x | $829.50 Million |
| 2003 | 13.45% | 4.93% | 1.14x | 2.40x | $522.60 Million |
| 2004 | 17.65% | 6.53% | 1.29x | 2.10x | $1.27 Billion |
| 2005 | 20.68% | 7.14% | 1.22x | 2.37x | $1.82 Billion |
| 2006 | 23.54% | 8.13% | 1.15x | 2.52x | $2.48 Billion |
| 2007 | 27.32% | 7.85% | 1.26x | 2.75x | $2.91 Billion |
| 2008 | 24.66% | 7.29% | 1.13x | 3.01x | $2.74 Billion |
| 2009 | 9.43% | 2.92% | 1.10x | 2.93x | $-99.10 Million |
| 2010 | 27.13% | 8.42% | 1.11x | 2.92x | $3.24 Billion |
| 2011 | 28.23% | 9.14% | 1.12x | 2.77x | $3.91 Billion |
| 2012 | 21.85% | 7.22% | 1.06x | 2.85x | $2.53 Billion |
| 2013 | 4.54% | 1.43% | 0.90x | 3.53x | $-1.10 Billion |
| 2014 | 19.92% | 6.48% | 0.87x | 3.54x | $2.29 Billion |
| 2015 | 15.64% | 5.11% | 0.95x | 3.21x | $1.40 Billion |
| 2016 | 15.31% | 5.47% | 0.87x | 3.22x | $1.38 Billion |
| 2017 | 19.53% | 7.02% | 0.96x | 2.90x | $2.67 Billion |
| 2018 | 21.72% | 8.50% | 0.98x | 2.60x | $3.93 Billion |
| 2019 | 15.65% | 6.46% | 0.91x | 2.65x | $2.01 Billion |
| 2020 | 12.53% | 5.74% | 0.83x | 2.64x | $867.10 Million |
| 2021 | 16.80% | 8.97% | 0.82x | 2.28x | $2.97 Billion |
| 2022 | 8.61% | 4.61% | 0.87x | 2.14x | $-723.70 Million |
| 2023 | 12.12% | 6.16% | 0.93x | 2.12x | $1.12 Billion |
| 2024 | 10.85% | 6.56% | 0.83x | 2.00x | $509.10 Million |
Industry Comparison
This section compares AB SKF (publ)'s net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $33,072,796,105
- Average return on equity (ROE) among peers: 8.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB SKF (publ) (SKUFF) | $55.39 Billion | 15.35% | 1.01x | $10.28 Billion |
| Chervon Holdings Limited (CHRHF) | $1.04 Billion | 10.85% | 0.92x | $251.40 Million |
| Chicago Rivet & Machine Co (CVR) | $24.82 Million | 6.14% | 0.18x | $8.74 Million |
| Eastern Co (EML) | $70.04 Million | 7.91% | 0.46x | $100.41 Million |
| Federal Screw Works (FSCR) | $24.50 Million | 8.16% | 0.92x | $63.81K |
| Hillman Solutions Corp (HLMN) | $439.11 Million | -13.36% | 4.54x | $1.59 Billion |
| Husqvarna AB (HSQVY) | $17.28 Billion | 14.62% | 1.43x | $2.92 Billion |
| Husqvarna AB (publ) (HUQVF) | $11.39 Billion | 8.02% | 1.35x | $2.36 Billion |
| Kennametal Inc (KMT) | $451.40 Million | 15.44% | 0.77x | $2.83 Billion |
| Lincoln Electric Holdings Inc (LECO) | $335.40 Million | 18.34% | 0.84x | $13.92 Billion |
| Makita Corp (MKTAY) | $299.67 Billion | 7.43% | 0.17x | $6.48 Billion |