AB Volvo (publ)
AB Volvo (publ), together with its subsidiaries, manufactures and sells trucks, buses, construction equipment, and marine and industrial engines in Europe, the United States, Asia, Africa, and Oceania. The company provides heavy-duty trucks for long-haulage and construction work and light-duty trucks for distribution purposes under the Volvo, Renault Trucks, Mack, Eicher, and Dongfeng Trucks bran… Read more
AB Volvo (publ) (VOLAF) - Net Assets
Latest net assets as of June 2025: $167.01 Billion USD
Based on the latest financial reports, AB Volvo (publ) (VOLAF) has net assets worth $167.01 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 ($677.60 Billion) and total liabilities ($510.59 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 | $167.01 Billion |
| % of Total Assets | 24.65% |
| Annual Growth Rate | 7.79% |
| 5-Year Change | 33.22% |
| 10-Year Change | 130.53% |
| Growth Volatility | 27.41 |
AB Volvo (publ) - Net Assets Trend (1987–2024)
This chart illustrates how AB Volvo (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 Volvo (publ) (1987–2024)
The table below shows the annual net assets of AB Volvo (publ) from 1987 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $197.36 Billion | +9.20% |
| 2023-12-31 | $180.74 Billion | +8.72% |
| 2022-12-31 | $166.24 Billion | +15.35% |
| 2021-12-31 | $144.12 Billion | -2.72% |
| 2020-12-31 | $148.14 Billion | +4.56% |
| 2019-12-31 | $141.68 Billion | +12.59% |
| 2018-12-31 | $125.83 Billion | +15.43% |
| 2017-12-31 | $109.01 Billion | +11.50% |
| 2016-12-31 | $97.76 Billion | +14.20% |
| 2015-12-31 | $85.61 Billion | +6.95% |
| 2014-12-31 | $80.05 Billion | +3.47% |
| 2013-12-31 | $77.36 Billion | -10.99% |
| 2012-12-31 | $86.91 Billion | +1.44% |
| 2011-12-31 | $85.68 Billion | +15.60% |
| 2010-12-31 | $74.12 Billion | +10.57% |
| 2009-12-31 | $67.03 Billion | -20.80% |
| 2008-12-31 | $84.64 Billion | +2.25% |
| 2007-12-31 | $82.78 Billion | -4.78% |
| 2006-12-31 | $86.93 Billion | +10.44% |
| 2005-12-31 | $78.71 Billion | +12.28% |
| 2004-12-31 | $70.10 Billion | -3.40% |
| 2003-12-31 | $72.57 Billion | -7.77% |
| 2002-12-31 | $78.68 Billion | -8.02% |
| 2001-12-31 | $85.54 Billion | -4.51% |
| 2000-12-31 | $89.58 Billion | -8.72% |
| 1999-12-31 | $98.14 Billion | +42.29% |
| 1998-12-31 | $68.97 Billion | +11.90% |
| 1997-12-31 | $61.64 Billion | +5.64% |
| 1996-12-31 | $58.34 Billion | +13.67% |
| 1995-12-31 | $51.33 Billion | +55.85% |
| 1994-12-31 | $32.93 Billion | -2.51% |
| 1993-12-31 | $33.78 Billion | +0.52% |
| 1992-12-31 | $33.61 Billion | -14.09% |
| 1991-12-31 | $39.12 Billion | +11.38% |
| 1990-12-31 | $35.12 Billion | -5.98% |
| 1989-12-31 | $37.36 Billion | +151.20% |
| 1988-12-31 | $14.87 Billion | +20.83% |
| 1987-12-31 | $12.31 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AB Volvo (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 2114.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $179.59 Billion | 92.55% |
| Common Stock | $2.56 Billion | 1.32% |
| Other Components | $11.90 Billion | 6.13% |
| Total Equity | $194.05 Billion | 100.00% |
AB Volvo (publ) Competitors by Market Cap
The table below lists competitors of AB Volvo (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sempra Energy
NYSE:SRE
|
$57.10 Billion |
|
Manulife Financial Corp
NYSE:MFC
|
$57.10 Billion |
|
AutoZone Inc
NYSE:AZO
|
$57.62 Billion |
|
Snowflake Inc.
NYSE:SNOW
|
$57.88 Billion |
|
ITOCHU Corporation
PINK:ITOCF
|
$56.96 Billion |
|
Recruit Holdings Co Ltd
PINK:RCRRF
|
$56.82 Billion |
|
Eni S.p.A
F:ENI1
|
$56.76 Billion |
|
Anheuser-Busch InBev SA/NV
PINK:BUDFF
|
$56.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB Volvo (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 177,791,000,000 to 194,048,000,000, a change of 16,257,000,000 (9.1%).
- Net income of 50,389,000,000 contributed positively to equity growth.
- Dividend payments of 36,602,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 9,615,000,000.
- Other factors increased equity by 12,085,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $50.39 Billion | +25.97% |
| Dividends Paid | $36.60 Billion | -18.86% |
| Other Comprehensive Income | $-9.62 Billion | -4.95% |
| Other Changes | $12.09 Billion | +6.23% |
| Total Change | $- | 9.14% |
Book Value vs Market Value Analysis
This analysis compares AB Volvo (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: 0.31x
- 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 4.63x to 0.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $6.33 | $29.35 | x |
| 1988-12-31 | $7.66 | $29.35 | x |
| 1989-12-31 | $21.72 | $29.35 | x |
| 1990-12-31 | $18.10 | $29.35 | x |
| 1991-12-31 | $17.58 | $29.35 | x |
| 1992-12-31 | $15.32 | $29.35 | x |
| 1993-12-31 | $13.94 | $29.35 | x |
| 1994-12-31 | $15.52 | $29.35 | x |
| 1995-12-31 | $22.13 | $29.35 | x |
| 1996-12-31 | $24.95 | $29.35 | x |
| 1997-12-31 | $26.88 | $29.35 | x |
| 1998-12-31 | $30.92 | $29.35 | x |
| 1999-12-31 | $44.21 | $29.35 | x |
| 2000-12-31 | $42.25 | $29.35 | x |
| 2001-12-31 | $40.22 | $29.35 | x |
| 2002-12-31 | $36.90 | $29.35 | x |
| 2003-12-31 | $34.34 | $29.35 | x |
| 2004-12-31 | $33.19 | $29.35 | x |
| 2005-12-31 | $38.61 | $29.35 | x |
| 2006-12-31 | $42.84 | $29.35 | x |
| 2007-12-31 | $40.57 | $29.35 | x |
| 2008-12-31 | $41.45 | $29.35 | x |
| 2009-12-31 | $32.75 | $29.35 | x |
| 2010-12-31 | $36.07 | $29.35 | x |
| 2011-12-31 | $41.71 | $29.35 | x |
| 2012-12-31 | $42.19 | $29.35 | x |
| 2013-12-31 | $37.45 | $29.35 | x |
| 2014-12-31 | $38.56 | $29.35 | x |
| 2015-12-31 | $41.25 | $29.35 | x |
| 2016-12-31 | $47.25 | $29.35 | x |
| 2017-12-31 | $52.67 | $29.35 | x |
| 2018-12-31 | $60.69 | $29.35 | x |
| 2019-12-31 | $68.16 | $29.35 | x |
| 2020-12-31 | $71.45 | $29.35 | x |
| 2021-12-31 | $69.36 | $29.35 | x |
| 2022-12-31 | $80.02 | $29.35 | x |
| 2023-12-31 | $87.45 | $29.35 | x |
| 2024-12-31 | $95.45 | $29.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB Volvo (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): 25.97%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.56%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 3.68x
- Recent ROE (25.97%) is above the historical average (13.14%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 26.83% | 3.56% | 1.19x | 6.37x | $2.07 Billion |
| 1988 | 22.44% | 3.45% | 1.11x | 5.86x | $1.85 Billion |
| 1989 | 12.72% | 5.26% | 0.93x | 2.61x | $1.02 Billion |
| 1990 | -2.89% | -1.23% | 0.81x | 2.89x | $-4.53 Billion |
| 1991 | 4.15% | 1.82% | 0.72x | 3.15x | $-1.99 Billion |
| 1992 | -11.17% | -4.00% | 0.71x | 3.94x | $-6.29 Billion |
| 1993 | -12.79% | -3.12% | 0.83x | 4.97x | $-6.18 Billion |
| 1994 | 30.53% | 8.49% | 1.12x | 3.20x | $6.63 Billion |
| 1995 | 18.09% | 5.40% | 1.24x | 2.71x | $4.10 Billion |
| 1996 | 21.56% | 7.99% | 1.11x | 2.44x | $6.69 Billion |
| 1997 | 17.14% | 5.64% | 1.12x | 2.70x | $4.34 Billion |
| 1998 | 12.69% | 4.06% | 1.04x | 3.00x | $1.83 Billion |
| 1999 | 32.99% | 25.78% | 0.64x | 2.00x | $22.43 Billion |
| 2000 | 5.33% | 3.62% | 0.65x | 2.27x | $-4.15 Billion |
| 2001 | -1.72% | -0.78% | 0.73x | 3.06x | $-9.98 Billion |
| 2002 | 1.78% | 0.75% | 0.78x | 3.06x | $-6.44 Billion |
| 2003 | 0.41% | 0.16% | 0.79x | 3.19x | $-6.94 Billion |
| 2004 | 14.22% | 4.69% | 0.94x | 3.21x | $2.95 Billion |
| 2005 | 16.63% | 5.43% | 0.94x | 3.28x | $5.20 Billion |
| 2006 | 18.72% | 6.28% | 1.00x | 2.97x | $7.55 Billion |
| 2007 | 18.17% | 5.23% | 0.89x | 3.91x | $6.71 Billion |
| 2008 | 11.83% | 3.27% | 0.82x | 4.43x | $1.54 Billion |
| 2009 | -22.16% | -6.74% | 0.66x | 5.00x | $-21.36 Billion |
| 2010 | 14.86% | 4.10% | 0.83x | 4.35x | $3.56 Billion |
| 2011 | 20.99% | 5.72% | 0.88x | 4.18x | $9.29 Billion |
| 2012 | 13.03% | 3.68% | 0.90x | 3.96x | $2.60 Billion |
| 2013 | 4.71% | 1.31% | 0.79x | 4.54x | $-4.02 Billion |
| 2014 | 2.68% | 0.74% | 0.74x | 4.89x | $-5.73 Billion |
| 2015 | 17.97% | 4.82% | 0.84x | 4.46x | $6.68 Billion |
| 2016 | 13.69% | 4.35% | 0.76x | 4.15x | $3.54 Billion |
| 2017 | 19.13% | 6.12% | 0.81x | 3.85x | $9.78 Billion |
| 2018 | 20.18% | 6.37% | 0.82x | 3.85x | $12.56 Billion |
| 2019 | 25.87% | 8.30% | 0.82x | 3.79x | $22.00 Billion |
| 2020 | 13.30% | 5.71% | 0.66x | 3.52x | $4.79 Billion |
| 2021 | 23.25% | 8.81% | 0.72x | 3.66x | $18.68 Billion |
| 2022 | 20.11% | 6.91% | 0.75x | 3.87x | $16.45 Billion |
| 2023 | 28.02% | 9.01% | 0.82x | 3.79x | $32.05 Billion |
| 2024 | 25.97% | 9.56% | 0.74x | 3.68x | $30.98 Billion |
Industry Comparison
This section compares AB Volvo (publ)'s net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $169,430,804
- Average return on equity (ROE) among peers: 14.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB Volvo (publ) (VOLAF) | $167.01 Billion | 26.83% | 3.06x | $57.01 Billion |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $365.18 Million | 8.40% | 1.98x | $491.76 Million |
| AGCO Corporation (AGCO) | $588.90 Million | 21.92% | 2.67x | $7.25 Billion |
| Agrify Corp (AGFY) | $-1.76 Million | 0.00% | 0.00x | $58.43 Million |
| Ag Growth International Inc (AGGZF) | $110.96 Million | 17.16% | 0.53x | $363.58 Million |
| Alamo Group Inc (ALG) | $360.47 Million | 11.99% | 0.67x | $2.03 Billion |
| AmeraMex International Inc (AMMX) | $3.28 Million | 49.75% | 2.29x | $1.43 Million |
| Arts-Way Manufacturing Co Inc (ARTW) | $10.35 Million | 2.05% | 1.01x | $4.69 Million |
| Astec Industries Inc (ASTE) | $191.83 Million | 10.53% | 0.69x | $1.19 Billion |
| Austin Engineering Limited (AUSTF) | $6.69 Million | 17.78% | 2.71x | $116.99 Million |
| Buhler Industries Inc (BIIAF) | $58.40 Million | 9.93% | 0.28x | $1.51 Million |