Footway Group AB Pfd.
Footway Group AB (publ) operates online shoe stores. It also operates a platform of 12 specialized online stores. The company was incorporated in 2010 and is headquartered in Kista, Sweden.
Footway Group AB Pfd. (FOOT-PREF) - Net Assets
Latest net assets as of September 2024: Skr158.00 Million SEK
Based on the latest financial reports, Footway Group AB Pfd. (FOOT-PREF) has net assets worth Skr158.00 Million SEK as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr539.00 Million) and total liabilities (Skr381.00 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 | Skr158.00 Million |
| % of Total Assets | 29.31% |
| Annual Growth Rate | 8.86% |
| 5-Year Change | -59.18% |
| 10-Year Change | -16.08% |
| Growth Volatility | 183.7 |
Footway Group AB Pfd. - Net Assets Trend (2011–2023)
This chart illustrates how Footway Group AB Pfd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Footway Group AB Pfd. (2011–2023)
The table below shows the annual net assets of Footway Group AB Pfd. from 2011 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Skr98.50 Million | -77.95% |
| 2022-12-31 | Skr446.70 Million | -27.50% |
| 2021-12-31 | Skr616.10 Million | -3.11% |
| 2020-12-31 | Skr635.90 Million | +163.53% |
| 2019-12-31 | Skr241.30 Million | +4.19% |
| 2018-12-31 | Skr231.60 Million | +2.72% |
| 2017-12-31 | Skr225.46 Million | +11.94% |
| 2016-12-31 | Skr201.41 Million | -4.26% |
| 2015-12-31 | Skr210.37 Million | +79.22% |
| 2014-12-31 | Skr117.38 Million | +26.94% |
| 2013-12-31 | Skr92.47 Million | +637.73% |
| 2012-12-31 | Skr12.53 Million | -64.75% |
| 2011-12-31 | Skr35.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Footway Group AB Pfd.'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 237186.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr10.30 Million | 10.46% |
| Other Comprehensive Income | Skr13.60 Million | 13.81% |
| Other Components | Skr921.00 Million | 935.03% |
| Total Equity | Skr98.50 Million | 100.00% |
Footway Group AB Pfd. Competitors by Market Cap
The table below lists competitors of Footway Group AB Pfd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
InnoTec TSS AG
F:TSS
|
$38.76 Million |
|
Jakarta Setiabudi Internasional
JK:JSPT
|
$38.77 Million |
|
NEW STRATUS ENERGY
F:80N
|
$38.77 Million |
|
IMPACT Silver Corp.
PINK:ISVLF
|
$38.78 Million |
|
BBX Capital Inc
PINK:BBXIB
|
$38.75 Million |
|
Inzi Controls
KO:023800
|
$38.74 Million |
|
Vertiseit AB Series B
ST:VERT-B
|
$38.74 Million |
|
Astron Corporation Ltd
AU:ATR
|
$38.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Footway Group AB Pfd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 446,700,000 to 98,500,000, a change of -348,200,000 (-77.9%).
- Net loss of 348,200,000 reduced equity.
- Dividend payments of 2,200,000 reduced retained earnings.
- New share issuances of 300,000 increased equity.
- Other comprehensive income increased equity by 13,700,000.
- Other factors decreased equity by 11,800,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-348.20 Million | -353.5% |
| Dividends Paid | Skr2.20 Million | -2.23% |
| Share Issuances | Skr300.00K | +0.3% |
| Other Comprehensive Income | Skr13.70 Million | +13.91% |
| Other Changes | Skr-11.80 Million | -11.98% |
| Total Change | Skr- | -77.95% |
Book Value vs Market Value Analysis
This analysis compares Footway Group AB Pfd.'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: 24.23x
- 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 increased from 12.37x to 24.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Skr1.89 | Skr23.40 | x |
| 2012-12-31 | Skr0.67 | Skr23.40 | x |
| 2013-12-31 | Skr2.38 | Skr23.40 | x |
| 2014-12-31 | Skr2.25 | Skr23.40 | x |
| 2015-12-31 | Skr3.45 | Skr23.40 | x |
| 2016-12-31 | Skr3.30 | Skr23.40 | x |
| 2017-12-31 | Skr3.54 | Skr23.40 | x |
| 2018-12-31 | Skr3.67 | Skr23.40 | x |
| 2019-12-31 | Skr3.72 | Skr23.40 | x |
| 2020-12-31 | Skr8.04 | Skr23.40 | x |
| 2021-12-31 | Skr7.00 | Skr23.40 | x |
| 2022-12-31 | Skr4.66 | Skr23.40 | x |
| 2023-12-31 | Skr0.97 | Skr23.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Footway Group AB Pfd. 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): -353.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -43.61%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 7.34x
- Recent ROE (-353.50%) is below the historical average (-52.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -18.35% | -207.31% | 0.08x | 1.06x | Skr-10.08 Million |
| 2012 | -190.86% | -91.40% | 0.63x | 3.34x | Skr-25.18 Million |
| 2013 | -34.66% | -36.50% | 0.40x | 2.35x | Skr-41.30 Million |
| 2014 | -13.99% | -29.42% | 0.28x | 1.68x | Skr-27.82 Million |
| 2015 | -3.35% | -2.71% | 0.90x | 1.38x | Skr-28.09 Million |
| 2016 | 2.09% | 1.22% | 1.19x | 1.44x | Skr-15.94 Million |
| 2017 | 5.03% | 2.24% | 1.37x | 1.64x | Skr-11.21 Million |
| 2018 | 3.28% | 1.00% | 1.29x | 2.53x | Skr-15.56 Million |
| 2019 | 1.91% | 0.46% | 1.43x | 2.87x | Skr-19.53 Million |
| 2020 | -3.24% | -1.89% | 0.79x | 2.16x | Skr-84.19 Million |
| 2021 | -9.64% | -3.97% | 1.17x | 2.08x | Skr-121.01 Million |
| 2022 | -65.75% | -26.78% | 0.99x | 2.48x | Skr-338.37 Million |
| 2023 | -353.50% | -43.61% | 1.10x | 7.34x | Skr-358.05 Million |
Industry Comparison
This section compares Footway Group AB Pfd.'s net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $1,064,875,000
- Average return on equity (ROE) among peers: -70.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Footway Group AB Pfd. (FOOT-PREF) | Skr158.00 Million | -18.35% | 2.41x | $38.76 Million |
| Boozt AB (BOOZT) | $2.50 Billion | 7.43% | 1.39x | $467.87 Million |
| Footway Group AB Series B (FOOT-B) | $98.50 Million | -353.50% | 6.34x | $32.01 Million |
| Nelly Group AB (NELLY) | $406.40 Million | 41.46% | 1.44x | $65.74 Million |
| RVRC Holding AB (RVRC) | $1.25 Billion | 24.60% | 0.29x | $560.90 Million |