JM AB (publ) (JM) - Net Assets

Latest as of December 2025: Skr7.93 Billion SEK ≈ $853.93 Million USD

Based on the latest financial reports, JM AB (publ) (JM) has net assets worth Skr7.93 Billion SEK (≈ $853.93 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr23.71 Billion ≈ $2.55 Billion USD) and total liabilities (Skr15.78 Billion ≈ $1.70 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 how resilient are JM AB (publ)'s assets to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr7.93 Billion
% of Total Assets 33.46%
Annual Growth Rate 3.02%
5-Year Change -5.36%
10-Year Change 60.27%
Growth Volatility 8.59

JM AB (publ) - Net Assets Trend (2000–2025)

This chart illustrates how JM AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of JM AB (publ) for the complete picture of this company's asset base.

Annual Net Assets for JM AB (publ) (2000–2025)

The table below shows the annual net assets of JM AB (publ) from 2000 to 2025. For live valuation and market cap data, see JM market cap.

Year Net Assets Change
2025-12-31 Skr7.93 Billion
≈ $853.93 Million		 -2.88%
2024-12-31 Skr8.17 Billion
≈ $879.22 Million		 +2.48%
2023-12-31 Skr7.97 Billion
≈ $857.91 Million		 -8.62%
2022-12-31 Skr8.72 Billion
≈ $938.84 Million		 +4.06%
2021-12-31 Skr8.38 Billion
≈ $902.25 Million		 +10.34%
2020-12-31 Skr7.60 Billion
≈ $817.67 Million		 +6.62%
2019-12-31 Skr7.13 Billion
≈ $766.87 Million		 +7.25%
2018-12-31 Skr6.64 Billion
≈ $715.00 Million		 +9.95%
2017-12-31 Skr6.04 Billion
≈ $650.32 Million		 +22.06%
2016-12-31 Skr4.95 Billion
≈ $532.81 Million		 +9.51%
2015-12-31 Skr4.52 Billion
≈ $486.53 Million		 -2.46%
2014-12-31 Skr4.63 Billion
≈ $498.80 Million		 +4.04%
2013-12-31 Skr4.46 Billion
≈ $479.43 Million		 -4.54%
2012-12-31 Skr4.67 Billion
≈ $502.24 Million		 +1.50%
2011-12-31 Skr4.60 Billion
≈ $494.82 Million		 +17.21%
2010-12-31 Skr3.92 Billion
≈ $422.18 Million		 +6.95%
2009-12-31 Skr3.67 Billion
≈ $394.74 Million		 +13.17%
2008-12-31 Skr3.24 Billion
≈ $348.78 Million		 -16.75%
2007-12-31 Skr3.89 Billion
≈ $418.95 Million		 +8.44%
2006-12-31 Skr3.59 Billion
≈ $386.34 Million		 +8.43%
2005-12-31 Skr3.31 Billion
≈ $356.32 Million		 -4.44%
2004-12-31 Skr3.46 Billion
≈ $372.89 Million		 +5.48%
2003-12-31 Skr3.29 Billion
≈ $353.52 Million		 -7.98%
2002-12-31 Skr3.57 Billion
≈ $384.19 Million		 -6.62%
2001-12-31 Skr3.82 Billion
≈ $411.42 Million		 +1.41%
2000-12-31 Skr3.77 Billion
≈ $405.71 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to JM AB (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 Skr7.93 Billion 100.00%
Total Equity Skr7.93 Billion 100.00%

JM AB (publ) Competitors by Market Cap

The table below lists competitors of JM AB (publ) ranked by their market capitalization.

Company Market Cap
Hunan Yussen Energy Technology
SHE:002986
 $800.43 Million
Air New Zealand Ltd
AU:AIZ
 $800.73 Million
Hangzhou Huawang New Material Technology Co.Ltd.
SHG:605377
 $800.74 Million
Baskent Dogalgaz Dagitim Gayrimenkul Yatirim Ortakligi AS
IS:BASGZ
 $801.16 Million
Hainan Expressway Co Ltd
SHE:000886
 $800.17 Million
Phenix Optical Co Ltd
SHG:600071
 $800.16 Million
Jess-Link Products Co Ltd
TW:6197
 $800.05 Million
WA1 Resources Ltd
AU:WA1
 $799.98 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 8,170,000,000 to 7,935,000,000, a change of -235,000,000 (-2.9%).
  • Net income of 56,000,000 contributed positively to equity growth.
  • Dividend payments of 210,000,000 reduced retained earnings.
  • Other comprehensive income increased equity by 28,000,000.
  • Other factors decreased equity by 109,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr56.00 Million +0.71%
Dividends Paid Skr210.00 Million -2.65%
Other Comprehensive Income Skr28.00 Million +0.35%
Other Changes Skr-109.00 Million -1.37%
Total Change Skr- -2.88%

Book Value vs Market Value Analysis

This analysis compares JM AB (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: 0.94x
  • 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 3.87x to 0.94x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 Skr29.80 Skr115.30 x
2003-12-31 Skr29.01 Skr115.30 x
2004-12-31 Skr30.87 Skr115.30 x
2005-12-31 Skr31.88 Skr115.30 x
2006-12-31 Skr37.61 Skr115.30 x
2007-12-31 Skr42.74 Skr115.30 x
2008-12-31 Skr37.69 Skr115.30 x
2009-12-31 Skr43.47 Skr115.30 x
2010-12-31 Skr46.33 Skr115.30 x
2011-12-31 Skr54.38 Skr115.30 x
2012-12-31 Skr56.03 Skr115.30 x
2013-12-31 Skr56.40 Skr115.30 x
2014-12-31 Skr60.28 Skr115.30 x
2015-12-31 Skr60.40 Skr115.30 x
2016-12-31 Skr68.08 Skr115.30 x
2017-12-31 Skr85.30 Skr115.30 x
2018-12-31 Skr95.10 Skr115.30 x
2019-12-31 Skr101.82 Skr115.30 x
2020-12-31 Skr108.45 Skr115.30 x
2021-12-31 Skr120.53 Skr115.30 x
2022-12-31 Skr129.47 Skr115.30 x
2023-12-31 Skr123.59 Skr115.30 x
2024-12-31 Skr126.66 Skr115.30 x
2025-12-31 Skr123.01 Skr115.30 x

Capital Efficiency Dashboard

This dashboard shows how efficiently JM AB (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): 0.71%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.52%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 2.99x
  • Recent ROE (0.71%) is below the historical average (20.91%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 22.41% 12.34% 0.60x 3.03x Skr468.00 Million
2002 7.09% 2.85% 0.83x 2.98x Skr-104.00 Million
2003 5.69% 2.40% 0.85x 2.78x Skr-141.50 Million
2004 13.68% 5.56% 1.03x 2.38x Skr127.50 Million
2005 29.48% 9.87% 1.21x 2.46x Skr644.90 Million
2006 43.68% 13.00% 1.44x 2.34x Skr1.21 Billion
2007 42.77% 13.08% 1.28x 2.55x Skr1.28 Billion
2008 25.24% 6.69% 1.22x 3.10x Skr493.90 Million
2009 10.33% 4.32% 0.88x 2.71x Skr12.20 Million
2010 15.14% 6.50% 0.92x 2.52x Skr201.70 Million
2011 22.66% 8.68% 1.06x 2.46x Skr582.20 Million
2012 20.59% 7.70% 1.08x 2.48x Skr494.30 Million
2013 24.78% 8.76% 1.13x 2.50x Skr658.50 Million
2014 28.18% 9.19% 1.15x 2.67x Skr842.50 Million
2015 24.00% 7.78% 1.16x 2.65x Skr632.90 Million
2016 29.85% 9.67% 1.23x 2.52x Skr982.90 Million
2017 37.38% 13.08% 1.02x 2.80x Skr1.65 Billion
2018 21.42% 9.08% 0.76x 3.11x Skr758.60 Million
2019 21.41% 9.78% 0.68x 3.22x Skr813.40 Million
2020 20.26% 9.45% 0.71x 3.04x Skr779.20 Million
2021 21.52% 11.53% 0.64x 2.91x Skr965.60 Million
2022 17.14% 9.49% 0.65x 2.79x Skr622.60 Million
2023 12.91% 6.44% 0.53x 3.77x Skr231.80 Million
2024 4.32% 2.47% 0.57x 3.08x Skr-464.00 Million
2025 0.71% 0.52% 0.45x 2.99x Skr-737.50 Million

Industry Comparison

This section compares JM AB (publ)'s net assets metrics with peer companies in the Residential Construction industry.

Industry Context

  • Industry: Residential Construction
  • Average net assets among peers: $4,469,309,800
  • Average return on equity (ROE) among peers: 5.84%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
JM AB (publ) (JM) Skr7.93 Billion 22.41% 1.99x $800.38 Million
Balco Group AB (BALCO) $736.30 Million -4.86% 1.34x $35.55 Million
Bonava AB (publ) (BONAV-A) $8.32 Billion 9.71% 1.85x $28.76 Million
Bonava AB (publ) (BONAV-B) $6.95 Billion -1.28% 1.25x $271.87 Million
K-Fast Holding AB (publ) (KFAST-B) $4.23 Billion 24.67% 1.71x $249.65 Million
Studentbostader I Sverige AB (STUDBO) $2.10 Billion 0.95% 2.87x $116.10 Million

About JM AB (publ)

ST:JM Sweden Residential Construction
Market Cap
$800.38 Million
Skr7.44 Billion SEK
Market Cap Rank
#10153 Global
#154 in Sweden
Share Price
Skr115.30
Change (1 day)
+1.77%
52-Week Range
Skr108.80 - Skr158.70
All Time High
Skr363.72
Categories
Companies in Sweden Residential Construction
About

JM AB (publ) constructs, develops, and sells housing and residential areas in the Nordic region. It operates through JM Residential Stockholm, JM Residential Sweden, JM Norway, JM Finland, and JM Property Development segments. The company also engages in the acquisition of development properties; planning, pre-construction, production, and sale of residential units; development of rental units, r… Read more