BMC
Brock Milton Capital AB (publ) operates as a Swedish independent and entrepreneur-owned fund management. It offers two global funds, BMC Global Select and BMC Global Small Cap Select. BMC Global Select invests in companies and BMC Global Small Cap Select invests in entrepreneurs. The company was incorporated in 2005 and is based in Malmo, Sweden.
BMC (BMC) - Net Assets
Latest net assets as of June 2025: Skr24.08 Million SEK
Based on the latest financial reports, BMC (BMC) has net assets worth Skr24.08 Million SEK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr56.01 Million) and total liabilities (Skr31.94 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 | Skr24.08 Million |
| % of Total Assets | 42.98% |
| Annual Growth Rate | 36.16% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 62.75 |
BMC - Net Assets Trend (2022–2024)
This chart illustrates how BMC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BMC (2022–2024)
The table below shows the annual net assets of BMC from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr40.38 Million | -12.80% |
| 2023-12-31 | Skr46.31 Million | +112.70% |
| 2022-12-31 | Skr21.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BMC'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 100.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr37.18 Million | 92.07% |
| Other Components | Skr3.20 Million | 7.93% |
| Total Equity | Skr40.38 Million | 100.00% |
BMC Competitors by Market Cap
The table below lists competitors of BMC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Minda Global Bhd
KLSE:5166
|
$8.84 Million |
|
SAIHEAT Limited
NASDAQ:SAIH
|
$8.84 Million |
|
va-Q-tec AG
PINK:VAQTF
|
$8.84 Million |
|
UOB Kay Hian Securities (Thailand) Public Company Limited
BK:UOBKH
|
$8.84 Million |
|
VVT Med Inc.
V:VVTM
|
$8.84 Million |
|
Shreyans Industries Limited
NSE:SHREYANIND
|
$8.84 Million |
|
SeaStar Medical Holding Corporation
NASDAQ:ICU
|
$8.84 Million |
|
Addex Therapeutics Ltd
NASDAQ:ADXN
|
$8.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BMC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 46,310,000 to 40,383,000, a change of -5,927,000 (-12.8%).
- Net income of 29,449,000 contributed positively to equity growth.
- Dividend payments of 35,376,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr29.45 Million | +72.92% |
| Dividends Paid | Skr35.38 Million | -87.6% |
| Total Change | Skr- | -12.80% |
Book Value vs Market Value Analysis
This analysis compares BMC'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: 9.33x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 17.31x to 9.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Skr5.41 | Skr93.60 | x |
| 2023-12-31 | Skr11.50 | Skr93.60 | x |
| 2024-12-31 | Skr10.03 | Skr93.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BMC 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): 72.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.77%
- • Asset Turnover: 1.95x
- • Equity Multiplier: 1.90x
- Recent ROE (72.92%) is below the historical average (75.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 70.91% | 25.17% | 1.87x | 1.50x | Skr13.26 Million |
| 2023 | 81.79% | 30.87% | 1.57x | 1.68x | Skr33.24 Million |
| 2024 | 72.92% | 19.77% | 1.95x | 1.90x | Skr25.41 Million |
Industry Comparison
This section compares BMC's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,933,657,000
- Average return on equity (ROE) among peers: -2.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BMC (BMC) | Skr24.08 Million | 70.91% | 1.33x | $8.84 Million |
| Athanase Innovation AB (ATIN) | $907.40 Million | -2.93% | 0.01x | $6.52 Million |
| Bure Equity AB (BURE) | $13.57 Billion | 31.15% | 0.02x | $1.09 Billion |
| Case Group AB (CASE) | $288.95 Million | 5.93% | 0.23x | $16.50 Million |
| Catella AB A (CAT-A) | $932.00 Million | -2.36% | 2.74x | $77.53 Million |
| Catella AB (publ) (CAT-B) | $932.00 Million | -2.36% | 2.74x | $75.92 Million |
| Creades AB (CRED-A) | $9.18 Billion | 6.08% | 0.02x | $335.82 Million |
| Effnetplattformen Holding AB (EFFH) | $16.30 Million | -31.51% | 0.16x | $4.04K |
| First Venture Sweden AB Series B (FIRST-B) | $165.81 Million | -7.93% | 0.02x | $3.11 Million |
| Flat Capital AB Series B (FLAT-B) | $412.76 Million | -20.20% | 0.00x | $61.10 Million |