Fenix Outdoor International AG (FOI-B) - Net Assets
Based on the latest financial reports, Fenix Outdoor International AG (FOI-B) has net assets worth Skr390.80 Million SEK (≈ $42.06 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr730.80 Million ≈ $78.65 Million USD) and total liabilities (Skr340.00 Million ≈ $36.59 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 FOI-B tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr390.80 Million |
| % of Total Assets | 53.48% |
| Annual Growth Rate | 14.54% |
| 5-Year Change | 0.46% |
| 10-Year Change | 102.47% |
| Growth Volatility | 11.71 |
Fenix Outdoor International AG - Net Assets Trend (2008–2025)
This chart illustrates how Fenix Outdoor International AG's net assets have evolved over time, based on quarterly financial data. See FOI-B cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Fenix Outdoor International AG (2008–2025)
The table below shows the annual net assets of Fenix Outdoor International AG from 2008 to 2025. For live valuation and market cap data, see FOI-B company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr383.20 Million ≈ $41.24 Million |
-7.29% |
| 2024-12-31 | Skr413.35 Million ≈ $44.48 Million |
-0.93% |
| 2023-12-31 | Skr417.22 Million ≈ $44.90 Million |
+3.02% |
| 2022-12-31 | Skr404.99 Million ≈ $43.58 Million |
+6.17% |
| 2021-12-31 | Skr381.45 Million ≈ $41.05 Million |
+7.81% |
| 2020-12-31 | Skr353.81 Million ≈ $38.08 Million |
+10.82% |
| 2019-12-31 | Skr319.27 Million ≈ $34.36 Million |
+11.77% |
| 2018-12-31 | Skr285.65 Million ≈ $30.74 Million |
+23.75% |
| 2017-12-31 | Skr230.84 Million ≈ $24.84 Million |
+21.97% |
| 2016-12-31 | Skr189.26 Million ≈ $20.37 Million |
+26.14% |
| 2015-12-31 | Skr150.04 Million ≈ $16.15 Million |
+5.96% |
| 2014-12-31 | Skr141.61 Million ≈ $15.24 Million |
+23.57% |
| 2013-12-31 | Skr114.59 Million ≈ $12.33 Million |
+15.00% |
| 2012-12-31 | Skr99.65 Million ≈ $10.72 Million |
+16.49% |
| 2011-12-31 | Skr85.54 Million ≈ $9.21 Million |
+26.06% |
| 2010-12-31 | Skr67.85 Million ≈ $7.30 Million |
+39.11% |
| 2009-12-31 | Skr48.78 Million ≈ $5.25 Million |
+27.94% |
| 2008-12-31 | Skr38.12 Million ≈ $4.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fenix Outdoor International AG'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 1152.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr352.20 Million | 91.91% |
| Common Stock | Skr12.40 Million | 3.24% |
| Other Comprehensive Income | Skr-20.03 Million | -5.23% |
| Other Components | Skr38.63 Million | 10.08% |
| Total Equity | Skr383.20 Million | 100.00% |
Fenix Outdoor International AG Competitors by Market Cap
The table below lists competitors of Fenix Outdoor International AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flat Capital AB Series B
ST:FLAT-B
|
$466.69 Million |
|
CJ Corp 4P Pref
KO:00104K
|
$466.85 Million |
|
Refex Industries Limited
NSE:REFEX
|
$466.86 Million |
|
Nanjing Huamai Tech Co Ltd
SHG:603042
|
$466.93 Million |
|
First Business Financial Services
NASDAQ:FBIZ
|
$466.53 Million |
|
DHG Pharmaceutical JSC
VN:DHG
|
$466.45 Million |
|
LASSONDE INDUST.INC. A
F:0OO
|
$466.44 Million |
|
Natural Gas Services Group Inc
NYSE:NGS
|
$466.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fenix Outdoor International AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 413,188,000 to 383,200,000, a change of -29,988,000 (-7.3%).
- Net income of 4,765,000 contributed positively to equity growth.
- Dividend payments of 37,693,685 reduced retained earnings.
- Share repurchases of 203,749 reduced equity.
- New share issuances of 200,000 increased equity.
- Other comprehensive income decreased equity by 5,059,030.
- Other factors increased equity by 8,003,464.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr4.76 Million | +1.24% |
| Dividends Paid | Skr37.69 Million | -9.84% |
| Share Repurchases | Skr203.75K | -0.05% |
| Share Issuances | Skr200.00K | +0.05% |
| Other Comprehensive Income | Skr-5.06 Million | -1.32% |
| Other Changes | Skr8.00 Million | +2.09% |
| Total Change | Skr- | -7.26% |
Book Value vs Market Value Analysis
This analysis compares Fenix Outdoor International AG'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: 13.77x
- 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 136.66x to 13.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr2.87 | Skr392.50 | x |
| 2009-12-31 | Skr3.66 | Skr392.50 | x |
| 2010-12-31 | Skr5.10 | Skr392.50 | x |
| 2011-12-31 | Skr6.37 | Skr392.50 | x |
| 2012-12-31 | Skr7.44 | Skr392.50 | x |
| 2013-12-31 | Skr8.55 | Skr392.50 | x |
| 2014-12-31 | Skr8.90 | Skr392.50 | x |
| 2015-12-31 | Skr10.98 | Skr392.50 | x |
| 2016-12-31 | Skr13.87 | Skr392.50 | x |
| 2017-12-31 | Skr17.16 | Skr392.50 | x |
| 2018-12-31 | Skr21.23 | Skr392.50 | x |
| 2019-12-31 | Skr23.86 | Skr392.50 | x |
| 2020-12-31 | Skr26.51 | Skr392.50 | x |
| 2021-12-31 | Skr28.59 | Skr392.50 | x |
| 2022-12-31 | Skr30.37 | Skr392.50 | x |
| 2023-12-31 | Skr31.30 | Skr392.50 | x |
| 2024-12-31 | Skr31.00 | Skr392.50 | x |
| 2025-12-31 | Skr28.50 | Skr392.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fenix Outdoor International AG 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): 1.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.69%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.90x
- Recent ROE (1.24%) is below the historical average (17.89%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 25.19% | 10.95% | 1.50x | 1.53x | Skr5.79 Million |
| 2009 | 22.73% | 10.17% | 1.50x | 1.49x | Skr6.19 Million |
| 2010 | 27.69% | 12.66% | 1.51x | 1.45x | Skr11.98 Million |
| 2011 | 22.06% | 10.86% | 1.47x | 1.39x | Skr10.20 Million |
| 2012 | 18.19% | 9.10% | 1.49x | 1.34x | Skr8.09 Million |
| 2013 | 19.06% | 10.43% | 1.41x | 1.29x | Skr10.28 Million |
| 2014 | 21.87% | 10.87% | 0.86x | 2.35x | Skr14.00 Million |
| 2015 | 19.13% | 6.27% | 1.57x | 1.94x | Skr13.49 Million |
| 2016 | 25.64% | 9.84% | 1.51x | 1.72x | Skr29.20 Million |
| 2017 | 26.18% | 11.19% | 1.45x | 1.61x | Skr37.35 Million |
| 2018 | 23.60% | 11.77% | 1.42x | 1.41x | Skr38.83 Million |
| 2019 | 19.19% | 10.09% | 1.10x | 1.74x | Skr29.32 Million |
| 2020 | 9.50% | 5.97% | 0.86x | 1.84x | Skr-1.77 Million |
| 2021 | 14.73% | 8.65% | 0.97x | 1.75x | Skr18.06 Million |
| 2022 | 14.96% | 7.98% | 1.13x | 1.67x | Skr20.09 Million |
| 2023 | 7.57% | 4.27% | 1.00x | 1.78x | Skr-10.15 Million |
| 2024 | 3.53% | 2.13% | 1.00x | 1.66x | Skr-26.72 Million |
| 2025 | 1.24% | 0.69% | 0.95x | 1.90x | Skr-33.55 Million |
Industry Comparison
This section compares Fenix Outdoor International AG's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $1,538,411,750
- Average return on equity (ROE) among peers: 15.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fenix Outdoor International AG (FOI-B) | Skr390.80 Million | 25.19% | 0.87x | $466.63 Million |
| Bokusgruppen AB (BOKUS) | $673.80 Million | 13.08% | 1.46x | $109.85 Million |
| Clas Ohlson AB (publ) (CLAS-B) | $1.85 Billion | 27.50% | 2.16x | $2.34 Billion |
| Elon AB (publ) (ELON) | $196.35 Million | 12.15% | 0.71x | $30.34 Million |
| New Wave Group AB (publ) (NEWA-B) | $3.43 Billion | 10.58% | 1.06x | $962.60 Million |
About Fenix Outdoor International AG
Fenix Outdoor International AG, together with its subsidiaries, develops and markets outdoor products worldwide. The company operates through three segments: Brands, Global Sales, and Frilufts. It offers apparel, daypacks, backpacks, sleeping bags, tents, bags, outdoor shoes, and boots. The company also operates outdoor retail chains; brand retail shops; and e-commerce business. It sells its prod… Read more