CTT Systems AB

ST:CTT Sweden Aerospace & Defense
Market Cap
$148.99 Million
Skr1.67 Billion SEK
Market Cap Rank
#17587 Global
#167 in Sweden
Share Price
Skr133.40
Change (1 day)
-0.60%
52-Week Range
Skr119.60 - Skr270.00
All Time High
Skr385.00
About

CTT Systems AB (publ) provides humidity control systems for aircraft in Sweden, Denmark, France, the United States, and internationally. The company offers humidifiers for passenger cabins, flight decks, crew rest compartments, and VIP/business jets under the Humidifier Onboard name; dehumidifiers; active moisture control systems for humidity control; and anti-condensation systems that reduces ai… Read more

CTT Systems AB (CTT) - Net Assets

Latest net assets as of December 2025: Skr262.00 Million SEK

Based on the latest financial reports, CTT Systems AB (CTT) has net assets worth Skr262.00 Million SEK as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr355.80 Million) and total liabilities (Skr93.80 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 Skr262.00 Million
% of Total Assets 73.64%
Annual Growth Rate 12.19%
5-Year Change 23.0%
10-Year Change 85.42%
Growth Volatility 42.91

CTT Systems AB - Net Assets Trend (2002–2025)

This chart illustrates how CTT Systems AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for CTT Systems AB (2002–2025)

The table below shows the annual net assets of CTT Systems AB from 2002 to 2025.

Year Net Assets Change
2025-12-31 Skr262.00 Million -9.81%
2024-12-31 Skr290.50 Million -7.48%
2023-12-31 Skr314.00 Million +16.60%
2022-12-31 Skr269.30 Million +26.43%
2021-12-31 Skr213.00 Million -3.40%
2020-12-31 Skr220.50 Million -8.20%
2019-12-31 Skr240.20 Million +21.13%
2018-12-31 Skr198.30 Million +21.58%
2017-12-31 Skr163.10 Million +15.43%
2016-12-31 Skr141.30 Million +25.16%
2015-12-31 Skr112.90 Million +17.73%
2014-12-31 Skr95.90 Million +48.45%
2013-12-31 Skr64.60 Million -2.42%
2012-12-31 Skr66.20 Million +4.09%
2011-12-31 Skr63.60 Million +56.27%
2010-12-31 Skr40.70 Million -5.35%
2009-12-31 Skr43.00 Million +46.26%
2008-12-31 Skr29.40 Million -51.32%
2007-12-31 Skr60.40 Million +178.06%
2006-12-31 Skr21.72 Million +7.74%
2005-12-31 Skr20.16 Million -37.66%
2004-12-31 Skr32.34 Million +10.02%
2003-12-31 Skr29.39 Million +58.00%
2002-12-31 Skr18.60 Million --

Equity Component Analysis

This analysis shows how different components contribute to CTT Systems AB'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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components Skr262.00 Million 100.00%
Total Equity Skr262.00 Million 100.00%

CTT Systems AB Competitors by Market Cap

The table below lists competitors of CTT Systems AB ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CTT Systems AB's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 290,500,000 to 262,000,000, a change of -28,500,000 (-9.8%).
  • Net income of 38,600,000 contributed positively to equity growth.
  • Dividend payments of 67,099,999 reduced retained earnings.
  • Other comprehensive income decreased equity by 82,500,000.
  • Other factors increased equity by 82,499,999.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr38.60 Million +14.73%
Dividends Paid Skr67.10 Million -25.61%
Other Comprehensive Income Skr-82.50 Million -31.49%
Other Changes Skr82.50 Million +31.49%
Total Change Skr- -9.81%

Book Value vs Market Value Analysis

This analysis compares CTT Systems AB'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: 6.38x
  • 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 40.32x to 6.38x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 Skr3.31 Skr133.40 x
2003-12-31 Skr4.54 Skr133.40 x
2004-12-31 Skr4.68 Skr133.40 x
2005-12-31 Skr2.25 Skr133.40 x
2006-12-31 Skr2.42 Skr133.40 x
2007-12-31 Skr6.82 Skr133.40 x
2008-12-31 Skr2.71 Skr133.40 x
2009-12-31 Skr3.96 Skr133.40 x
2010-12-31 Skr3.57 Skr133.40 x
2011-12-31 Skr5.58 Skr133.40 x
2012-12-31 Skr5.81 Skr133.40 x
2013-12-31 Skr5.67 Skr133.40 x
2014-12-31 Skr8.25 Skr133.40 x
2015-12-31 Skr9.01 Skr133.40 x
2016-12-31 Skr11.28 Skr133.40 x
2017-12-31 Skr13.01 Skr133.40 x
2018-12-31 Skr15.82 Skr133.40 x
2019-12-31 Skr19.16 Skr133.40 x
2020-12-31 Skr17.60 Skr133.40 x
2021-12-31 Skr17.00 Skr133.40 x
2022-12-31 Skr21.49 Skr133.40 x
2023-12-31 Skr25.06 Skr133.40 x
2024-12-31 Skr23.17 Skr133.40 x
2025-12-31 Skr20.91 Skr133.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CTT Systems AB 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): 14.73%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.60%
  • • Asset Turnover: 0.74x
  • • Equity Multiplier: 1.36x
  • Recent ROE (14.73%) is below the historical average (19.93%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 87.92% 87.39% 0.61x 1.66x Skr14.50 Million
2003 43.69% 60.94% 0.54x 1.33x Skr9.90 Million
2005 66.27% 56.26% 0.56x 2.10x Skr11.34 Million
2006 35.86% 15.42% 0.80x 2.89x Skr5.62 Million
2007 17.88% 81.82% 0.14x 1.60x Skr4.76 Million
2008 -105.10% -82.18% 0.42x 3.08x Skr-33.84 Million
2009 2.33% 1.66% 0.56x 2.49x Skr-3.30 Million
2010 -6.14% -3.61% 0.67x 2.54x Skr-6.57 Million
2011 36.48% 23.15% 0.58x 2.71x Skr16.84 Million
2012 4.08% 1.78% 0.88x 2.62x Skr-3.92 Million
2013 5.26% 2.26% 0.75x 3.10x Skr-3.06 Million
2014 1.35% 0.67% 0.84x 2.41x Skr-8.30 Million
2015 19.13% 10.77% 0.84x 2.11x Skr10.31 Million
2016 26.54% 14.90% 1.03x 1.74x Skr23.37 Million
2017 29.08% 17.35% 1.04x 1.61x Skr31.10 Million
2018 35.17% 22.11% 0.99x 1.61x Skr49.88 Million
2019 38.57% 26.09% 0.98x 1.51x Skr68.59 Million
2020 14.10% 15.49% 0.65x 1.39x Skr9.05 Million
2021 6.67% 9.39% 0.46x 1.54x Skr-7.10 Million
2022 24.62% 27.56% 0.64x 1.40x Skr39.37 Million
2023 30.41% 30.92% 0.74x 1.33x Skr64.10 Million
2024 29.43% 28.49% 0.76x 1.35x Skr56.45 Million
2025 14.73% 14.60% 0.74x 1.36x Skr12.40 Million

Industry Comparison

This section compares CTT Systems AB's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $189,752,909
  • Average return on equity (ROE) among peers: -38.64%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CTT Systems AB (CTT) Skr262.00 Million 87.92% 0.36x $116.33 Million
Scandinavian Astor Group AB (ASTOR) $243.46 Million 0.17% 0.86x $61.48 Million
AVTECH Sweden AB Series B (AVT-B) $31.19 Million 19.55% 0.08x $29.31 Million
GomSpace Group AB (GOMX) $104.80 Million -217.39% 2.19x $132.05 Million
MilDef Group AB (MILDEF) $568.20 Million -0.12% 0.42x $447.60 Million
W5 Solutions AB (W5) $1.12 Million 4.60% 2.50x $51.13 Million