Hoist Finance AB

ST:HOFI Sweden Credit Services
Market Cap
$1.17 Billion
Skr13.12 Billion SEK
Market Cap Rank
#9306 Global
#69 in Sweden
Share Price
Skr150.10
Change (1 day)
+2.04%
52-Week Range
Skr63.70 - Skr152.30
All Time High
Skr152.30
Categories
Companies in Sweden Credit Services Banking & Financial
About

Hoist Finance AB (publ), a credit market company, engages in the loan acquisition and management operations in Europe. It operates through Unsecured and Secured segments. The company purchases performing and non-performing loans from its partners, international banks, and financial institutions; responsible for secured non-performing loans, including recovery activities, call centre and collatera… Read more

Hoist Finance AB (HOFI) - Net Assets

Latest net assets as of June 2025: Skr6.40 Billion SEK

Based on the latest financial reports, Hoist Finance AB (HOFI) has net assets worth Skr6.40 Billion SEK as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr59.43 Billion) and total liabilities (Skr53.03 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 Skr6.40 Billion
% of Total Assets 10.76%
Annual Growth Rate 21.63%
5-Year Change 29.99%
10-Year Change 192.95%
Growth Volatility 22.59

Hoist Finance AB - Net Assets Trend (2012–2024)

This chart illustrates how Hoist Finance AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Hoist Finance AB (2012–2024)

The table below shows the annual net assets of Hoist Finance AB from 2012 to 2024.

Year Net Assets Change
2024-12-31 Skr6.71 Billion +13.24%
2023-12-31 Skr5.92 Billion +3.08%
2022-12-31 Skr5.74 Billion +16.25%
2021-12-31 Skr4.94 Billion -4.21%
2020-12-31 Skr5.16 Billion +5.31%
2019-12-31 Skr4.90 Billion +10.99%
2018-12-31 Skr4.41 Billion +36.70%
2017-12-31 Skr3.23 Billion +10.36%
2016-12-31 Skr2.93 Billion +27.81%
2015-12-31 Skr2.29 Billion +63.81%
2014-12-31 Skr1.40 Billion +71.34%
2013-12-31 Skr815.44 Million +27.54%
2012-12-31 Skr639.35 Million --

Equity Component Analysis

This analysis shows how different components contribute to Hoist Finance 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 grown by 2593.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Skr3.83 Billion 57.11%
Common Stock Skr30.00 Million 0.45%
Other Comprehensive Income Skr686.00 Million 10.23%
Other Components Skr2.16 Billion 32.21%
Total Equity Skr6.71 Billion 100.00%

Hoist Finance AB Competitors by Market Cap

The table below lists competitors of Hoist Finance AB ranked by their market capitalization.

Company Market Cap
Gabriel India Limited
NSE:GABRIEL
 		$613.96 Million
Okeanis Eco Tankers Corp.
NYSE:ECO
 		$614.29 Million
Equity Bancshares, Inc.
NYSE:EQBK
 		$614.34 Million
Grupo Simec S.A.B. de C.V
MX:SIMECB
 		$614.40 Million
Jiangxi Bestoo Energy Co Ltd
SHE:001376
 		$613.88 Million
Thanh Thanh Cong Tay Ninh JSC
VN:SBT
 		$613.63 Million
Ongoal Technology Co., Ltd.
SHE:301662
 		$613.51 Million
VOLEX PLC LS -25
F:64K
 		$613.08 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Hoist Finance AB's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 5,921,000,000 to 6,705,000,000, a change of 784,000,000 (13.2%).
  • Net income of 1,013,000,000 contributed positively to equity growth.
  • Dividend payments of 134,000,000 reduced retained earnings.
  • Share repurchases of 201,000,000 reduced equity.
  • New share issuances of 86,000,000 increased equity.
  • Other comprehensive income increased equity by 1,126,000,000.
  • Other factors decreased equity by 1,106,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Skr1.01 Billion +15.11%
Dividends Paid Skr134.00 Million -2.0%
Share Repurchases Skr201.00 Million -3.0%
Share Issuances Skr86.00 Million +1.28%
Other Comprehensive Income Skr1.13 Billion +16.79%
Other Changes Skr-1.11 Billion -16.5%
Total Change Skr- 13.24%

Book Value vs Market Value Analysis

This analysis compares Hoist Finance 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: 1.96x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 18.60x to 1.96x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 Skr8.07 Skr150.10 x
2013-12-31 Skr10.29 Skr150.10 x
2014-12-31 Skr17.79 Skr150.10 x
2015-12-31 Skr29.68 Skr150.10 x
2016-12-31 Skr36.24 Skr150.10 x
2017-12-31 Skr39.88 Skr150.10 x
2018-12-31 Skr51.75 Skr150.10 x
2019-12-31 Skr54.84 Skr150.10 x
2020-12-31 Skr57.76 Skr150.10 x
2021-12-31 Skr55.33 Skr150.10 x
2022-12-31 Skr64.32 Skr150.10 x
2023-12-31 Skr66.30 Skr150.10 x
2024-12-31 Skr76.77 Skr150.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Hoist Finance 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): 15.11%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 19.89%
  • • Asset Turnover: 0.09x
  • • Equity Multiplier: 8.49x
  • Recent ROE (15.11%) is above the historical average (10.35%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 4.50% 4.51% 0.09x 11.33x Skr-35.19 Million
2013 14.34% 8.85% 0.11x 14.76x Skr35.37 Million
2014 12.89% 11.01% 0.11x 10.78x Skr40.38 Million
2015 10.07% 10.63% 0.12x 7.62x Skr1.65 Million
2016 14.26% 17.03% 0.13x 6.55x Skr124.62 Million
2017 14.03% 16.90% 0.12x 6.98x Skr130.17 Million
2018 13.37% 20.05% 0.10x 6.63x Skr148.70 Million
2019 12.35% 17.67% 0.10x 7.02x Skr115.20 Million
2020 0.79% 1.20% 0.11x 6.18x Skr-474.80 Million
2021 -2.37% -4.60% 0.08x 6.15x Skr-611.10 Million
2022 13.94% 25.66% 0.10x 5.66x Skr226.60 Million
2023 11.20% 17.27% 0.11x 5.75x Skr70.90 Million
2024 15.11% 19.89% 0.09x 8.49x Skr342.50 Million

Industry Comparison

This section compares Hoist Finance AB's net assets metrics with peer companies in the Credit Services industry.

Industry Context

  • Industry: Credit Services
  • Average net assets among peers: $1,490,253,250
  • Average return on equity (ROE) among peers: -3.69%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Hoist Finance AB (HOFI) Skr6.40 Billion 4.50% 8.29x $613.93 Million
Intrum Justitia AB (INTRUM) $529.50 Million 0.00% 5.35x $405.12 Million
Qliro AB (QLIRO) $345.40 Million 0.01% 2.92x $37.14 Million
Resurs Holding AB (RESURS) $5.00 Billion 12.43% 4.11x $54.36 Million
SaveLend Group AB (YIELD) $81.94 Million -27.20% 3.49x $5.64 Million