SMC Corp
SMC Corporation manufactures, processes, and sells automatic control equipment worldwide. The company offers air management system, directional control valves, air cylinders, rotary actuators, air grippers, magnet grippers, electric actuators/cylinders, vacuum equipment, air grippers for collaborative robots, compact compressor, air preparation equipment, modular F.R.L., pressure control equipmen… Read more
SMC Corp (SMECF) - Net Assets
Latest net assets as of September 2025: $1.97 Trillion USD
Based on the latest financial reports, SMC Corp (SMECF) has net assets worth $1.97 Trillion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.20 Trillion) and total liabilities ($225.12 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 | $1.97 Trillion |
| % of Total Assets | 89.76% |
| Annual Growth Rate | 8.11% |
| 5-Year Change | 39.73% |
| 10-Year Change | 104.74% |
| Growth Volatility | 6.41 |
SMC Corp - Net Assets Trend (2005–2025)
This chart illustrates how SMC Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SMC Corp (2005–2025)
The table below shows the annual net assets of SMC Corp from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.93 Trillion | +2.25% |
| 2024-03-31 | $1.89 Trillion | +10.78% |
| 2023-03-31 | $1.70 Trillion | +9.17% |
| 2022-03-31 | $1.56 Trillion | +12.99% |
| 2021-03-31 | $1.38 Trillion | +10.11% |
| 2020-03-31 | $1.25 Trillion | +0.81% |
| 2019-03-31 | $1.24 Trillion | +8.07% |
| 2018-03-31 | $1.15 Trillion | +11.65% |
| 2017-03-31 | $1.03 Trillion | +9.40% |
| 2016-03-31 | $941.81 Billion | +2.21% |
| 2015-03-31 | $921.48 Billion | +17.31% |
| 2014-03-31 | $785.52 Billion | +13.95% |
| 2013-03-31 | $689.36 Billion | +17.42% |
| 2012-03-31 | $587.09 Billion | +9.24% |
| 2011-03-31 | $537.46 Billion | +5.24% |
| 2010-03-31 | $510.70 Billion | +4.33% |
| 2009-03-31 | $489.50 Billion | -5.84% |
| 2008-03-31 | $519.88 Billion | -3.17% |
| 2007-03-31 | $536.92 Billion | +14.30% |
| 2006-03-31 | $469.76 Billion | +15.81% |
| 2005-03-31 | $405.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SMC Corp'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 180863300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.81 Trillion | 93.80% |
| Common Stock | $61.01 Billion | 3.16% |
| Other Components | $58.64 Billion | 3.04% |
| Total Equity | $1.93 Trillion | 100.00% |
SMC Corp Competitors by Market Cap
The table below lists competitors of SMC Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Reddit, Inc.
NYSE:RDDT
|
$18.91 Billion |
|
Schindler Ps
SW:SCHP
|
$18.93 Billion |
|
Brambles Ltd
AU:BXB
|
$18.94 Billion |
|
Jiangxi Ganfeng Lithium Co Ltd
SHE:002460
|
$18.95 Billion |
|
Packaging Corp of America
NYSE:PKG
|
$18.88 Billion |
|
Evergy, Inc.
NASDAQ:EVRG
|
$18.87 Billion |
|
DENSO Corporation
PINK:DNZOF
|
$18.84 Billion |
|
Suzuki Motor Corporation
PINK:SZKMF
|
$18.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SMC Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,881,586,000,000 to 1,928,280,000,000, a change of 46,694,000,000 (2.5%).
- Net income of 156,344,000,000 contributed positively to equity growth.
- Dividend payments of 64,048,000,000 reduced retained earnings.
- Share repurchases of 25,018,000,000 reduced equity.
- Other comprehensive income decreased equity by 225,680,000,000.
- Other factors increased equity by 205,096,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $156.34 Billion | +8.11% |
| Dividends Paid | $64.05 Billion | -3.32% |
| Share Repurchases | $25.02 Billion | -1.3% |
| Other Comprehensive Income | $-225.68 Billion | -11.7% |
| Other Changes | $205.10 Billion | +10.64% |
| Total Change | $- | 2.48% |
Book Value vs Market Value Analysis
This analysis compares SMC Corp'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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $5621.65 | $337.98 | x |
| 2006-03-31 | $6539.22 | $337.98 | x |
| 2007-03-31 | $7437.32 | $337.98 | x |
| 2008-03-31 | $7306.43 | $337.98 | x |
| 2009-03-31 | $7109.08 | $337.98 | x |
| 2010-03-31 | $7424.14 | $337.98 | x |
| 2011-03-31 | $7811.56 | $337.98 | x |
| 2012-03-31 | $8534.49 | $337.98 | x |
| 2013-03-31 | $10031.11 | $337.98 | x |
| 2014-03-31 | $11566.63 | $337.98 | x |
| 2015-03-31 | $13668.23 | $337.98 | x |
| 2016-03-31 | $13981.78 | $337.98 | x |
| 2017-03-31 | $15293.35 | $337.98 | x |
| 2018-03-31 | $17068.77 | $337.98 | x |
| 2019-03-31 | $18447.43 | $337.98 | x |
| 2020-03-31 | $18740.92 | $337.98 | x |
| 2021-03-31 | $20708.53 | $337.98 | x |
| 2022-03-31 | $23567.62 | $337.98 | x |
| 2023-03-31 | $26046.47 | $337.98 | x |
| 2024-03-31 | $29195.87 | $337.98 | x |
| 2025-03-31 | $30151.05 | $337.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SMC Corp 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): 8.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.74%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.09x
- Recent ROE (8.11%) is below the historical average (10.04%), 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 | 12.19% | 17.58% | 0.52x | 1.34x | $8.86 Billion |
| 2006 | 11.38% | 17.37% | 0.50x | 1.31x | $6.48 Billion |
| 2007 | 11.80% | 18.57% | 0.49x | 1.29x | $9.64 Billion |
| 2008 | 10.83% | 15.64% | 0.53x | 1.32x | $4.29 Billion |
| 2009 | 5.33% | 9.17% | 0.47x | 1.25x | $-22.78 Billion |
| 2010 | 3.85% | 8.87% | 0.35x | 1.25x | $-31.33 Billion |
| 2011 | 8.91% | 14.69% | 0.45x | 1.34x | $-5.82 Billion |
| 2012 | 10.13% | 17.34% | 0.46x | 1.26x | $746.50 Million |
| 2013 | 9.35% | 19.89% | 0.38x | 1.23x | $-4.48 Billion |
| 2014 | 11.02% | 21.83% | 0.41x | 1.23x | $7.96 Billion |
| 2015 | 11.92% | 23.92% | 0.41x | 1.23x | $17.66 Billion |
| 2016 | 9.81% | 19.37% | 0.42x | 1.19x | $-1.80 Billion |
| 2017 | 11.01% | 23.19% | 0.41x | 1.16x | $10.34 Billion |
| 2018 | 11.93% | 23.16% | 0.44x | 1.17x | $22.15 Billion |
| 2019 | 10.53% | 22.64% | 0.42x | 1.12x | $6.63 Billion |
| 2020 | 8.84% | 21.01% | 0.38x | 1.11x | $-14.52 Billion |
| 2021 | 8.85% | 22.06% | 0.36x | 1.12x | $-15.88 Billion |
| 2022 | 12.41% | 26.53% | 0.41x | 1.14x | $37.43 Billion |
| 2023 | 13.22% | 27.23% | 0.43x | 1.14x | $54.77 Billion |
| 2024 | 9.48% | 22.95% | 0.37x | 1.11x | $-9.84 Billion |
| 2025 | 8.11% | 19.74% | 0.38x | 1.09x | $-36.48 Billion |
Industry Comparison
This section compares SMC Corp's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $45,906,124,380
- Average return on equity (ROE) among peers: -4.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SMC Corp (SMECF) | $1.97 Trillion | 12.19% | 0.11x | $18.90 Billion |
| American Commerce Solutions Inc (AACS) | $-139.81K | 0.00% | 0.00x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-5.34 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $349.19 Million | 48.71% | 2.53x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $1.08 Billion | -13.38% | 2.10x | $91.17 Million |
| Alphaform AG (AFRMF) | $6.63 Million | -93.13% | 1.38x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-3.46 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $37.38 Billion | 16.94% | 1.20x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $417.00 Billion | 2.92% | 0.33x | $3.72 Billion |
| Ametek Inc (AME) | $3.14 Billion | 16.49% | 0.87x | $48.98 Billion |
| American Superconductor Corporation (AMSC) | $115.10 Million | -26.83% | 0.16x | $1.41 Billion |