Telefonaktiebolaget LM Ericsson (publ)

ST:ERIC-A Sweden Communication Equipment
Market Cap
$2.62 Billion
Skr29.37 Billion SEK
Market Cap Rank
#702 Global
#3 in Sweden
Share Price
Skr112.20
Change (1 day)
+0.54%
52-Week Range
Skr67.70 - Skr112.20
All Time High
Skr112.20
Categories
Companies in Sweden Communication Equipment Technology AI & Machine Learning
About

Telefonaktiebolaget LM Ericsson (publ), together with its subsidiaries, provides mobile connectivity solutions to communications service providers, enterprises, and the public sector. It operates through Networks; Cloud Software and Services; Enterprise; and Other segments. The Networks segment offers hardware and software solutions, and related service offerings. This segment also provides radio… Read more

Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) - Net Assets

Latest net assets as of December 2025: Skr110.26 Billion SEK

Based on the latest financial reports, Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) has net assets worth Skr110.26 Billion SEK as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr279.22 Billion) and total liabilities (Skr168.96 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 Skr110.26 Billion
% of Total Assets 39.49%
Annual Growth Rate 7.2%
5-Year Change 2.96%
10-Year Change -21.52%
Growth Volatility 512.54

Telefonaktiebolaget LM Ericsson (publ) - Net Assets Trend (1986–2025)

This chart illustrates how Telefonaktiebolaget LM Ericsson (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 Telefonaktiebolaget LM Ericsson (publ) (1986–2025)

The table below shows the annual net assets of Telefonaktiebolaget LM Ericsson (publ) from 1986 to 2025.

Year Net Assets Change
2025-12-31 Skr110.26 Billion +18.59%
2024-12-31 Skr92.98 Billion -4.54%
2023-12-31 Skr97.41 Billion -26.93%
2022-12-31 Skr133.30 Billion +24.47%
2021-12-31 Skr107.10 Billion +25.74%
2020-12-31 Skr85.18 Billion +4.03%
2019-12-31 Skr81.88 Billion -6.71%
2018-12-31 Skr87.77 Billion -12.38%
2017-12-31 Skr100.18 Billion -28.70%
2016-12-31 Skr140.49 Billion -4.66%
2015-12-31 Skr147.37 Billion +1.42%
2014-12-31 Skr145.31 Billion +2.60%
2013-12-31 Skr141.62 Billion +2.27%
2012-12-31 Skr138.48 Billion -4.67%
2011-12-31 Skr145.27 Billion -1.03%
2010-12-31 Skr146.78 Billion +3245.25%
2009-12-31 Skr4.39 Billion -96.91%
2008-12-31 Skr142.08 Billion +5.02%
2007-12-31 Skr135.29 Billion +12.23%
2006-12-31 Skr120.54 Billion +14.31%
2005-12-31 Skr105.45 Billion +33.69%
2004-12-31 Skr78.88 Billion +25.75%
2003-12-31 Skr62.73 Billion -17.72%
2002-12-31 Skr76.24 Billion +5.76%
2001-12-31 Skr72.09 Billion -24.23%
2000-12-31 Skr95.13 Billion +33.45%
1999-12-31 Skr71.28 Billion +9.31%
1998-12-31 Skr65.21 Billion +13.80%
1997-12-31 Skr57.30 Billion +30.71%
1996-12-31 Skr43.84 Billion +22.87%
1995-12-31 Skr35.68 Billion +42.38%
1994-12-31 Skr25.06 Billion +7.54%
1993-12-31 Skr23.30 Billion +21.24%
1992-12-31 Skr19.22 Billion +1.54%
1991-12-31 Skr18.93 Billion +13.53%
1990-12-31 Skr16.67 Billion +52.31%
1989-12-31 Skr10.95 Billion +26.56%
1988-12-31 Skr8.65 Billion +15.41%
1987-12-31 Skr7.50 Billion +2.34%
1986-12-31 Skr7.32 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Telefonaktiebolaget LM Ericsson (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 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 Skr109.53 Billion 100.00%
Total Equity Skr109.53 Billion 100.00%

Telefonaktiebolaget LM Ericsson (publ) Competitors by Market Cap

The table below lists competitors of Telefonaktiebolaget LM Ericsson (publ) ranked by their market capitalization.

Company Market Cap
Dollarama Inc
PINK:DLMAF
 		$29.23 Billion
ASSA ABLOY AB (publ)
PINK:ASAZF
 		$29.24 Billion
Adidas AG
OTCQX:ADDDF
 		$29.25 Billion
Cognizant Technology Solutions Corp Class A
NASDAQ:CTSH
 		$29.31 Billion
Telefon AB L.M. Ericsson Series A
LSE:0O86
 		$29.13 Billion
Bayerische Motoren Werke Aktiengesellschaft
PINK:BAMXF
 		$29.09 Billion
Cambricon Technologies Corp Ltd
SHG:688256
 		$29.01 Billion
Extra Space Storage Inc
NYSE:EXR
 		$28.88 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Telefonaktiebolaget LM Ericsson (publ)'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 94,284,000,000 to 109,535,000,000, a change of 15,251,000,000 (16.2%).
  • Net income of 28,428,000,000 contributed positively to equity growth.
  • Dividend payments of 9,545,000,000 reduced retained earnings.
  • Share repurchases of 6,000,000 reduced equity.
  • Other comprehensive income decreased equity by 10,515,000,000.
  • Other factors increased equity by 6,889,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr28.43 Billion +25.95%
Dividends Paid Skr9.54 Billion -8.71%
Share Repurchases Skr6.00 Million -0.01%
Other Comprehensive Income Skr-10.52 Billion -9.6%
Other Changes Skr6.89 Billion +6.29%
Total Change Skr- 16.18%

Book Value vs Market Value Analysis

This analysis compares Telefonaktiebolaget LM Ericsson (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: 3.42x
  • 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 21.30x to 3.42x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1986-12-31 Skr5.27 Skr112.20 x
1987-12-31 Skr5.87 Skr112.20 x
1988-12-31 Skr6.05 Skr112.20 x
1989-12-31 Skr7.87 Skr112.20 x
1990-12-31 Skr10.89 Skr112.20 x
1991-12-31 Skr10.55 Skr112.20 x
1992-12-31 Skr12.87 Skr112.20 x
1993-12-31 Skr15.66 Skr112.20 x
1994-12-31 Skr19.72 Skr112.20 x
1995-12-31 Skr22.97 Skr112.20 x
1996-12-31 Skr25.63 Skr112.20 x
1997-12-31 Skr33.48 Skr112.20 x
1998-12-31 Skr39.54 Skr112.20 x
1999-12-31 Skr43.77 Skr112.20 x
2000-12-31 Skr58.15 Skr112.20 x
2001-12-31 Skr43.32 Skr112.20 x
2002-12-31 Skr29.08 Skr112.20 x
2003-12-31 Skr19.07 Skr112.20 x
2004-12-31 Skr24.58 Skr112.20 x
2005-12-31 Skr33.01 Skr112.20 x
2006-12-31 Skr37.73 Skr112.20 x
2007-12-31 Skr42.08 Skr112.20 x
2008-12-31 Skr43.97 Skr112.20 x
2009-12-31 Skr1.23 Skr112.20 x
2010-12-31 Skr44.98 Skr112.20 x
2011-12-31 Skr44.26 Skr112.20 x
2012-12-31 Skr42.16 Skr112.20 x
2013-12-31 Skr43.05 Skr112.20 x
2014-12-31 Skr44.13 Skr112.20 x
2015-12-31 Skr43.32 Skr112.20 x
2016-12-31 Skr42.33 Skr112.20 x
2017-12-31 Skr30.01 Skr112.20 x
2018-12-31 Skr26.21 Skr112.20 x
2019-12-31 Skr24.87 Skr112.20 x
2020-12-31 Skr26.06 Skr112.20 x
2021-12-31 Skr32.65 Skr112.20 x
2022-12-31 Skr40.44 Skr112.20 x
2023-12-31 Skr29.63 Skr112.20 x
2024-12-31 Skr28.24 Skr112.20 x
2025-12-31 Skr32.78 Skr112.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Telefonaktiebolaget LM Ericsson (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): 25.95%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.01%
  • • Asset Turnover: 0.85x
  • • Equity Multiplier: 2.55x
  • Recent ROE (25.95%) is above the historical average (2.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1986 7.72% 1.74% 0.94x 4.69x Skr-167.34 Million
1987 9.84% 2.22% 1.00x 4.46x Skr-11.79 Million
1988 15.22% 4.13% 0.92x 4.01x Skr451.17 Million
1989 16.71% 4.66% 0.97x 3.70x Skr734.44 Million
1990 20.59% 7.39% 0.99x 2.82x Skr1.77 Billion
1991 5.28% 1.93% 0.92x 2.96x Skr-796.42 Million
1992 2.75% 1.02% 0.84x 3.22x Skr-1.26 Billion
1993 13.31% 4.46% 0.94x 3.17x Skr704.64 Million
1994 16.95% 4.68% 1.16x 3.13x Skr1.62 Billion
1995 15.87% 5.46% 1.10x 2.65x Skr1.99 Billion
1996 17.57% 5.65% 1.12x 2.77x Skr3.06 Billion
1997 22.70% 7.12% 1.14x 2.80x Skr6.72 Billion
1998 20.66% 7.07% 1.10x 2.65x Skr6.73 Billion
1999 17.54% 5.63% 1.06x 2.93x Skr5.21 Billion
2000 22.92% 7.68% 1.09x 2.73x Skr11.93 Billion
2001 -31.01% -9.17% 0.93x 3.65x Skr-28.11 Billion
2002 -25.83% -13.04% 0.70x 2.83x Skr-26.43 Billion
2003 -17.93% -9.21% 0.65x 3.02x Skr-16.88 Billion
2004 24.61% 14.41% 0.72x 2.37x Skr11.37 Billion
2005 23.23% 16.02% 0.73x 2.00x Skr13.84 Billion
2006 21.86% 14.77% 0.83x 1.79x Skr14.20 Billion
2007 16.28% 11.63% 0.77x 1.83x Skr8.44 Billion
2008 8.01% 5.40% 0.73x 2.03x Skr-2.81 Billion
2009 -219.42% -12.32% 2.08x 8.56x Skr-8.96 Billion
2010 7.68% 5.48% 0.72x 1.94x Skr-3.36 Billion
2011 8.52% 5.37% 0.81x 1.96x Skr-2.12 Billion
2012 4.22% 2.54% 0.83x 2.01x Skr-7.91 Billion
2013 8.56% 5.28% 0.84x 1.92x Skr-2.02 Billion
2014 8.02% 5.07% 0.78x 2.03x Skr-2.86 Billion
2015 9.25% 5.49% 0.87x 1.94x Skr-1.10 Billion
2016 1.23% 0.77% 0.79x 2.03x Skr-12.27 Billion
2017 -35.37% -17.49% 0.77x 2.62x Skr-45.16 Billion
2018 -7.51% -3.10% 0.78x 3.09x Skr-15.23 Billion
2019 2.69% 0.98% 0.82x 3.35x Skr-6.03 Billion
2020 20.17% 7.52% 0.86x 3.13x Skr8.82 Billion
2021 20.86% 9.77% 0.76x 2.81x Skr11.82 Billion
2022 13.89% 6.90% 0.78x 2.59x Skr5.24 Billion
2023 -26.80% -10.04% 0.85x 3.14x Skr-36.31 Billion
2024 0.02% 0.01% 0.85x 3.10x Skr-9.41 Billion
2025 25.95% 12.01% 0.85x 2.55x Skr17.47 Billion

Industry Comparison

This section compares Telefonaktiebolaget LM Ericsson (publ)'s net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

  • Industry: Communication Equipment
  • Average net assets among peers: $268,079,779
  • Average return on equity (ROE) among peers: -166.93%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) Skr110.26 Billion 7.72% 1.53x $29.18 Billion
Alcadon Group AB (ALCA) $669.46 Million 5.66% 1.36x $31.47 Million
DORO AB (DORO) $683.70 Million 13.38% 1.14x $86.67 Million
Ependion AB (EPEN) $688.68 Million 9.43% 1.97x $185.24 Million
Gapwaves AB Series B (GAPW-B) $29.57 Million -29.04% 0.29x $23.61 Million
Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) $59.21 Million -38.86% 0.39x $480.08K
InCoax Networks AB (INCOAX) $24.62 Million -234.91% 0.72x $2.99 Million
Invisio Communications AB (IVSO) $4.07 Million -1103.24% 10.66x $1.15 Billion
KebNi AB (publ) (KEBNI-B) $43.50 Million -147.33% 0.46x $17.98 Million
LumenRadio AB (LUMEN) $209.92 Million 22.53% 0.53x $42.11 Million