Smart Eye AB (publ)
Smart Eye AB (publ) develops human insight artificial intelligence (AI) technology solutions that understand, support, and predict human behavior in the Nordics countries, the rest of Europe, North America, Asia, and internationally. The company offers driver monitoring systems and interior sensing solutions for automotive market; and AIS, an end-to-end driver monitoring hardware and software sys… Read more
Smart Eye AB (publ) (SMTEF) - Net Assets
Latest net assets as of September 2025: $1.36 Billion USD
Based on the latest financial reports, Smart Eye AB (publ) (SMTEF) has net assets worth $1.36 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.81 Billion) and total liabilities ($444.55 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 | $1.36 Billion |
| % of Total Assets | 75.39% |
| Annual Growth Rate | 53.3% |
| 5-Year Change | 351.75% |
| 10-Year Change | 12222.24% |
| Growth Volatility | 232.81 |
Smart Eye AB (publ) - Net Assets Trend (2013–2024)
This chart illustrates how Smart Eye 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 Smart Eye AB (publ) (2013–2024)
The table below shows the annual net assets of Smart Eye AB (publ) from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.59 Billion | +2.21% |
| 2023-12-31 | $1.56 Billion | +19.63% |
| 2022-12-31 | $1.30 Billion | -10.15% |
| 2021-12-31 | $1.45 Billion | +311.17% |
| 2020-12-31 | $352.63 Million | +40.18% |
| 2019-12-31 | $251.55 Million | +48.57% |
| 2018-12-31 | $169.31 Million | +130.65% |
| 2017-12-31 | $73.41 Million | -36.34% |
| 2016-12-31 | $115.31 Million | +791.96% |
| 2015-12-31 | $12.93 Million | -23.00% |
| 2014-12-31 | $16.79 Million | +15.85% |
| 2013-12-31 | $14.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smart Eye 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 3331387400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $3.70 Million | 0.23% |
| Other Comprehensive Income | $-816.79 Million | -51.27% |
| Other Components | $2.41 Billion | 151.04% |
| Total Equity | $1.59 Billion | 100.00% |
Smart Eye AB (publ) Competitors by Market Cap
The table below lists competitors of Smart Eye AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LAUNCH TECH CO. H YC-01
F:LAN
|
$152.26 Million |
|
Yg Plus Inc
KO:037270
|
$152.26 Million |
|
GuangDong GenSho Logistics Co
SHG:603813
|
$152.27 Million |
|
De La Rue PLC
PINK:DELRF
|
$152.30 Million |
|
Net Holding AS
IS:NTHOL
|
$152.16 Million |
|
Valor Estate Limited
NSE:DBREALTY
|
$152.15 Million |
|
Ascom Holding AG
OTCGREY:ACMLF
|
$152.13 Million |
|
Grupo Rotoplas SAB de CV
MX:AGUA
|
$152.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smart Eye AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,558,555,000 to 1,593,019,000, a change of 34,464,000 (2.2%).
- Net loss of 230,410,000 reduced equity.
- New share issuances of 142,119,000 increased equity.
- Other comprehensive income decreased equity by 121,548,000.
- Other factors increased equity by 244,303,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-230.41 Million | -14.46% |
| Share Issuances | $142.12 Million | +8.92% |
| Other Comprehensive Income | $-121.55 Million | -7.63% |
| Other Changes | $244.30 Million | +15.34% |
| Total Change | $- | 2.21% |
Book Value vs Market Value Analysis
This analysis compares Smart Eye 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: 0.11x
- 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 3.90x to 0.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | $1.18 | $4.62 | x |
| 2014-12-31 | $1.37 | $4.62 | x |
| 2015-12-31 | $1.06 | $4.62 | x |
| 2016-12-31 | $11.44 | $4.62 | x |
| 2017-12-31 | $5.99 | $4.62 | x |
| 2018-12-31 | $10.30 | $4.62 | x |
| 2019-12-31 | $13.47 | $4.62 | x |
| 2020-12-31 | $17.16 | $4.62 | x |
| 2021-12-31 | $60.52 | $4.62 | x |
| 2022-12-31 | $47.43 | $4.62 | x |
| 2023-12-31 | $44.29 | $4.62 | x |
| 2024-12-31 | $42.86 | $4.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smart Eye 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): -14.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -64.90%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.20x
- Recent ROE (-14.46%) is above the historical average (-25.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -71.20% | -43.55% | 0.67x | 2.44x | $-11.77 Million |
| 2014 | 13.39% | 6.76% | 0.80x | 2.48x | $570.00K |
| 2015 | -29.88% | -10.28% | 0.73x | 3.97x | $-5.16 Million |
| 2016 | -10.76% | -30.44% | 0.29x | 1.21x | $-23.93 Million |
| 2017 | -57.07% | -96.98% | 0.43x | 1.38x | $-49.24 Million |
| 2018 | -33.31% | -111.08% | 0.25x | 1.21x | $-73.34 Million |
| 2019 | -42.28% | -213.51% | 0.17x | 1.18x | $-131.52 Million |
| 2020 | -21.99% | -119.14% | 0.17x | 1.10x | $-112.82 Million |
| 2021 | -9.15% | -121.00% | 0.06x | 1.20x | $-277.70 Million |
| 2022 | -26.12% | -155.00% | 0.13x | 1.29x | $-470.56 Million |
| 2023 | -4.85% | -24.99% | 0.17x | 1.17x | $-231.40 Million |
| 2024 | -14.46% | -64.90% | 0.19x | 1.20x | $-389.71 Million |
Industry Comparison
This section compares Smart Eye 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 |
|---|---|---|---|---|
| Smart Eye AB (publ) (SMTEF) | $1.36 Billion | -71.20% | 0.33x | $152.20 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 |