Dustin Group AB (DUST) - Net Assets
Based on the latest financial reports, Dustin Group AB (DUST) has net assets worth Skr5.46 Billion SEK (≈ $588.01 Million USD) as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr13.59 Billion ≈ $1.46 Billion USD) and total liabilities (Skr8.12 Billion ≈ $874.16 Million USD). 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. Check DUST goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr5.46 Billion |
| % of Total Assets | 40.21% |
| Annual Growth Rate | 19.88% |
| 5-Year Change | 17.74% |
| 10-Year Change | 287.12% |
| Growth Volatility | 30.95 |
Dustin Group AB - Net Assets Trend (2012–2025)
This chart illustrates how Dustin Group AB's net assets have evolved over time, based on quarterly financial data. See Dustin Group AB (DUST) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Dustin Group AB (2012–2025)
The table below shows the annual net assets of Dustin Group AB from 2012 to 2025. For live valuation and market cap data, see Dustin Group AB (DUST) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | Skr5.51 Billion ≈ $592.53 Million |
-21.43% |
| 2024-08-31 | Skr7.01 Billion ≈ $754.19 Million |
+29.92% |
| 2023-08-31 | Skr5.39 Billion ≈ $580.51 Million |
+6.08% |
| 2022-08-31 | Skr5.08 Billion ≈ $547.23 Million |
+8.74% |
| 2021-08-31 | Skr4.68 Billion ≈ $503.26 Million |
+90.44% |
| 2020-08-31 | Skr2.46 Billion ≈ $264.26 Million |
-0.19% |
| 2019-08-31 | Skr2.46 Billion ≈ $264.77 Million |
+49.43% |
| 2018-08-31 | Skr1.65 Billion ≈ $177.19 Million |
+10.87% |
| 2017-08-31 | Skr1.49 Billion ≈ $159.82 Million |
+4.42% |
| 2016-08-31 | Skr1.42 Billion ≈ $153.06 Million |
+7.45% |
| 2015-08-31 | Skr1.32 Billion ≈ $142.45 Million |
+78.15% |
| 2014-08-31 | Skr743.03 Million ≈ $79.96 Million |
+33.68% |
| 2013-08-31 | Skr555.84 Million ≈ $59.82 Million |
+6.57% |
| 2012-08-31 | Skr521.58 Million ≈ $56.13 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dustin Group 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 448.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr2.38 Billion | 43.17% |
| Other Comprehensive Income | Skr39.00 Million | 0.71% |
| Other Components | Skr4.18 Billion | 75.92% |
| Total Equity | Skr5.51 Billion | 100.00% |
Dustin Group AB Competitors by Market Cap
The table below lists competitors of Dustin Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Namchow Chemical Industrial Co Ltd
TW:1702
|
$245.82 Million |
|
New Power Plasma Co.Ltd
KQ:144960
|
$245.99 Million |
|
BlackRock New York Municipal Income Trust
NYSE:BNY
|
$245.99 Million |
|
Kalyani Investment Company Limited
NSE:KICL
|
$246.01 Million |
|
ANTENGENE CORP. DL-0001
F:722
|
$245.70 Million |
|
Fifth Era Acquisition Corp I Class A Ordinary Shares
NASDAQ:FERA
|
$245.68 Million |
|
Victoria Care Indonesia Tbk Pt
JK:VICI
|
$245.66 Million |
|
SILENCE THERAP. SP.ADR/1
F:XRP2
|
$245.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dustin Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,008,200,000 to 5,506,000,000, a change of -1,502,200,000 (-21.4%).
- Net loss of 2,631,000,000 reduced equity.
- Share repurchases of 1,240,000,000 reduced equity.
- Other comprehensive income decreased equity by 116,799,999.
- Other factors increased equity by 2,485,599,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-2.63 Billion | -47.78% |
| Share Repurchases | Skr1.24 Billion | -22.52% |
| Other Comprehensive Income | Skr-116.80 Million | -2.12% |
| Other Changes | Skr2.49 Billion | +45.14% |
| Total Change | Skr- | -21.43% |
Book Value vs Market Value Analysis
This analysis compares Dustin Group 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: 0.27x
- 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 0.50x to 0.27x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-08-31 | Skr3.36 | Skr1.68 | x |
| 2013-08-31 | Skr3.58 | Skr1.68 | x |
| 2014-08-31 | Skr5.53 | Skr1.68 | x |
| 2015-08-31 | Skr9.09 | Skr1.68 | x |
| 2016-08-31 | Skr9.18 | Skr1.68 | x |
| 2017-08-31 | Skr18.24 | Skr1.68 | x |
| 2018-08-31 | Skr10.62 | Skr1.68 | x |
| 2019-08-31 | Skr14.35 | Skr1.68 | x |
| 2020-08-31 | Skr14.10 | Skr1.68 | x |
| 2021-08-31 | Skr26.24 | Skr1.68 | x |
| 2022-08-31 | Skr23.57 | Skr1.68 | x |
| 2023-08-31 | Skr25.00 | Skr1.68 | x |
| 2024-08-31 | Skr18.13 | Skr1.68 | x |
| 2025-08-31 | Skr6.12 | Skr1.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dustin Group 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): -47.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.89%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 2.43x
- Recent ROE (-47.78%) is below the historical average (7.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 16.32% | 1.88% | 2.00x | 4.33x | Skr32.96 Million |
| 2013 | 13.91% | 1.42% | 1.68x | 5.83x | Skr21.75 Million |
| 2014 | 22.04% | 2.22% | 2.03x | 4.89x | Skr89.43 Million |
| 2015 | 9.44% | 1.57% | 2.07x | 2.90x | Skr-7.42 Million |
| 2016 | 15.81% | 2.71% | 2.13x | 2.74x | Skr82.67 Million |
| 2017 | 16.10% | 2.57% | 2.23x | 2.81x | Skr90.59 Million |
| 2018 | 18.53% | 2.96% | 1.67x | 3.75x | Skr140.45 Million |
| 2019 | 14.48% | 2.84% | 1.72x | 2.95x | Skr110.17 Million |
| 2020 | 11.29% | 2.10% | 1.70x | 3.17x | Skr31.74 Million |
| 2021 | 7.63% | 2.25% | 1.11x | 3.06x | Skr-110.64 Million |
| 2022 | 9.39% | 2.02% | 1.49x | 3.12x | Skr-30.80 Million |
| 2023 | 3.22% | 0.74% | 1.46x | 2.99x | Skr-365.53 Million |
| 2024 | 0.76% | 0.25% | 1.36x | 2.26x | Skr-647.82 Million |
| 2025 | -47.78% | -12.89% | 1.52x | 2.43x | Skr-3.18 Billion |
Industry Comparison
This section compares Dustin Group AB's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $332,208,889
- Average return on equity (ROE) among peers: 19.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dustin Group AB (DUST) | Skr5.46 Billion | 16.32% | 1.49x | $245.71 Million |
| Addnode Group AB (publ) (ANOD-B) | $793.83 Million | 10.89% | 0.68x | $598.39 Million |
| Avensia publ AB (AVEN) | $43.16 Million | 50.18% | 3.44x | $27.81 Million |
| B3 Consulting Group AB (B3) | $262.20 Million | 31.77% | 2.38x | $21.47 Million |
| CAG Group AB (publ) (CAG) | $205.71 Million | 13.59% | 0.88x | $78.68 Million |
| CombinedX AB (CX) | $318.30 Million | 11.06% | 0.88x | $77.14 Million |
| Exsitec Holding AB (EXS) | $363.82 Million | 15.42% | 1.06x | $149.59 Million |
| Fram Skandinavien AB Series B (FRAM-B) | $49.96 Million | 15.90% | 0.30x | $1.72 Million |
| Know IT AB (KNOW) | $716.51 Million | 14.34% | 1.11x | $246.43 Million |
| Novotek AB (NTEK-B) | $236.40 Million | 16.54% | 1.60x | $52.00 Million |
About Dustin Group AB
Dustin Group AB (publ) engages in online information technology business in Sweden, Finland, Denmark, the Netherlands, Norway, and Belgium. The company offers various hardware, software, financing solutions, subscription services, and other related services and solutions. It serves large companies and the public sector. The company was founded in 1984 and is headquartered in Nacka, Sweden. Dustin… Read more