Heimstaden AB Pfd. (HEIM-PREF) - Net Assets
Based on the latest financial reports, Heimstaden AB Pfd. (HEIM-PREF) has net assets worth Skr120.82 Billion SEK (≈ $13.00 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr359.11 Billion ≈ $38.65 Billion USD) and total liabilities (Skr238.29 Billion ≈ $25.64 Billion 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 Heimstaden AB Pfd. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr120.82 Billion |
| % of Total Assets | 33.64% |
| Annual Growth Rate | 33.07% |
| 5-Year Change | 318.0% |
| 10-Year Change | 3674.45% |
| Growth Volatility | 223.58 |
Heimstaden AB Pfd. - Net Assets Trend (2013–2025)
This chart illustrates how Heimstaden AB Pfd.'s net assets have evolved over time, based on quarterly financial data. See HEIM-PREF defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Heimstaden AB Pfd. (2013–2025)
The table below shows the annual net assets of Heimstaden AB Pfd. from 2013 to 2025. For live valuation and market cap data, see HEIM-PREF stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr118.11 Billion ≈ $12.71 Billion |
-15.89% |
| 2024-12-31 | Skr140.43 Billion ≈ $15.11 Billion |
+1.81% |
| 2023-12-31 | Skr137.93 Billion ≈ $14.84 Billion |
-14.56% |
| 2022-12-31 | Skr161.44 Billion ≈ $17.37 Billion |
+471.33% |
| 2021-12-31 | Skr28.26 Billion ≈ $3.04 Billion |
+258.26% |
| 2020-12-31 | Skr7.89 Billion ≈ $848.77 Million |
-86.16% |
| 2019-12-31 | Skr56.97 Billion ≈ $6.13 Billion |
+668.37% |
| 2018-12-31 | Skr7.41 Billion ≈ $797.86 Million |
+149.13% |
| 2017-12-31 | Skr2.98 Billion ≈ $320.26 Million |
-4.90% |
| 2016-12-31 | Skr3.13 Billion ≈ $336.75 Million |
-46.64% |
| 2015-12-31 | Skr5.86 Billion ≈ $631.11 Million |
+68.52% |
| 2014-12-31 | Skr3.48 Billion ≈ $374.50 Million |
-9.20% |
| 2013-12-31 | Skr3.83 Billion ≈ $412.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Heimstaden 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 grown by 1289000000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr12.89 Billion | 53.43% |
| Common Stock | Skr95.00 Million | 0.39% |
| Other Comprehensive Income | Skr3.63 Billion | 15.06% |
| Other Components | Skr7.50 Billion | 31.11% |
| Total Equity | Skr24.12 Billion | 100.00% |
Heimstaden AB Pfd. Competitors by Market Cap
The table below lists competitors of Heimstaden AB Pfd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
WINSON Machinery Co Ltd
TWO:4538
|
$35.32 Million |
|
Rossmax International Ltd
TWO:4121
|
$35.33 Million |
|
Wiseway Group Ltd
AU:WWG
|
$35.33 Million |
|
RS GROUP PLC
LSE:RS1
|
$35.34 Million |
|
Wonpoong Corporation
KQ:008370
|
$35.30 Million |
|
V-Tac Technology Co Ltd
TWO:6229
|
$35.29 Million |
|
Sangji Caelum Inc
KQ:042940
|
$35.26 Million |
|
Century Lithium Corp.
V:LCE
|
$35.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Heimstaden AB Pfd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,699,000,000 to 24,123,000,000, a change of 424,000,000 (1.8%).
- Net income of 6,541,000,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 5,191,000,000.
- Other factors decreased equity by 926,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr6.54 Billion | +27.12% |
| Other Comprehensive Income | Skr-5.19 Billion | -21.52% |
| Other Changes | Skr-926.00 Million | -3.84% |
| Total Change | Skr- | 1.79% |
Book Value vs Market Value Analysis
This analysis compares Heimstaden 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: 0.17x
- 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 0.87x to 0.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Skr24.34 | Skr21.10 | x |
| 2014-12-31 | Skr26.36 | Skr21.10 | x |
| 2015-12-31 | Skr51.77 | Skr21.10 | x |
| 2016-12-31 | Skr181.41 | Skr21.10 | x |
| 2017-12-31 | Skr338.59 | Skr21.10 | x |
| 2018-12-31 | Skr535.68 | Skr21.10 | x |
| 2019-12-31 | Skr129.93 | Skr21.10 | x |
| 2020-12-31 | Skr5761107142.86 | Skr21.10 | x |
| 2021-12-31 | Skr6587481481.48 | Skr21.10 | x |
| 2022-12-31 | Skr192.64 | Skr21.10 | x |
| 2023-12-31 | Skr135.18 | Skr21.10 | x |
| 2024-12-31 | Skr124.32 | Skr21.10 | x |
| 2025-12-31 | Skr126.54 | Skr21.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Heimstaden 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): 27.12%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.25%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 14.71x
- Recent ROE (27.12%) is above the historical average (4.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 11.44% | 52.76% | 0.09x | 2.44x | Skr46.18 Million |
| 2014 | 7.67% | 56.14% | 0.04x | 3.25x | Skr-81.25 Million |
| 2015 | 29.29% | 211.76% | 0.06x | 2.31x | Skr1.13 Billion |
| 2016 | 9.40% | 233.41% | 0.35x | 0.11x | Skr-167.90 Million |
| 2017 | 5.18% | 134.39% | 0.66x | 0.06x | Skr-2.54 Billion |
| 2018 | 4.47% | 109.46% | 0.45x | 0.09x | Skr-4.60 Billion |
| 2019 | 19.68% | 82.76% | 0.04x | 6.17x | Skr2.02 Billion |
| 2020 | 2.75% | 62.86% | 0.88x | 0.05x | Skr-11.70 Billion |
| 2021 | 2.87% | 105.28% | 0.34x | 0.08x | Skr-25.36 Billion |
| 2022 | -12.60% | -31.44% | 0.04x | 11.00x | Skr-8.30 Billion |
| 2023 | -58.87% | -94.00% | 0.04x | 14.24x | Skr-17.75 Billion |
| 2024 | 11.66% | 15.58% | 0.05x | 15.76x | Skr393.10 Million |
| 2025 | 27.12% | 36.25% | 0.05x | 14.71x | Skr4.13 Billion |
Industry Comparison
This section compares Heimstaden AB Pfd.'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $2,870,153,050
- Average return on equity (ROE) among peers: 8.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Heimstaden AB Pfd. (HEIM-PREF) | Skr120.82 Billion | 11.44% | 1.97x | $35.30 Million |
| Annehem Fastigheter AB (ANNE-B) | $2.06 Billion | 3.49% | 0.84x | $127.84 Million |
| Bonasudden Holding AB (BONAS) | $280.14 Million | 20.34% | 1.52x | $28.93 Million |
| Brinova Fastigheter AB (publ) (BRIN-B) | $7.17 Billion | 1.02% | 1.70x | $256.85 Million |
| Eastnine AB (publ) (EAST) | $478.51 Million | 22.69% | 0.75x | $454.55 Million |
| Fastighetsbolaget Emilshus AB (EMIL-B) | $3.86 Billion | 7.47% | 1.36x | $667.17 Million |
| Fabege AB (FABG) | $11.33 Billion | 11.62% | 2.39x | $2.51 Billion |
| Fastator AB (FASTAT) | $13.80 Million | -38.02% | 0.83x | $8.77 Million |
| Fleming Properties AB (FLMNG) | $62.19 Million | 12.45% | 1.32x | $37.68 Million |
| Fortinova Fastigheter AB Series B (FNOVA-B) | $2.40 Billion | 7.08% | 1.30x | $125.24 Million |
| Genova Property Group AB (GPG) | $1.06 Billion | 33.95% | 2.19x | $182.94 Million |
About Heimstaden AB Pfd.
Heimstaden AB (publ) owns, develops, and manages residential properties in Sweden, Germany, Denmark, the Netherlands, Czechia, Norway, Finland, the United Kingdom, and Poland. Ther company also rents flats. The company was founded in 2004 and is based in Malmö, Sweden. Heimstaden AB (publ) operates as a subsidiary of Fredensborg AS.