JM AB (publ) Net Assets

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

JM AB (publ) net assets. 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. Also explore how fast is JM AB (publ) growing its equity to track the company's year-over-year net asset growth rate.

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

Net Assets of JM AB (publ) (2000–2025)

Net assets of JM AB (publ) from 2000 to 2025. This chart illustrates how JM AB (publ)'s net assets have evolved over time, based on quarterly financial data. See JM equity to assets ratio to measure how much of total assets are equity-financed.

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 market cap and overall valuation, see market value of JM AB (publ).

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.

JM AB (publ) Net Assets Breakdown (December 2025)

JM AB (publ) net assets breakdown by equity component as of 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
Dharma Satya Nusantara Ptdsn JK:DSNG	$835.39 Million
Creades AB ST:CRED-A	$835.62 Million
Gryphon Capital Income Trust AU:GCI	$835.63 Million
Luye Pharma Group Ltd F:LUP	$835.93 Million
PARATUS ENERGY SERVICES LTD OL:PLSV	$834.82 Million
Forum Energy Technologies Inc NYSE:FET	$834.81 Million
D-MARKET E.S.+T.SP.ADR/1B F:8WZ	$834.81 Million
Shandong Head Co Ltd SHE:002810	$834.65 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: 0.98x
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 4.04x to 0.98x 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	Skr120.30	x
2003-12-31	Skr29.01	Skr120.30	x
2004-12-31	Skr30.87	Skr120.30	x
2005-12-31	Skr31.88	Skr120.30	x
2006-12-31	Skr37.61	Skr120.30	x
2007-12-31	Skr42.74	Skr120.30	x
2008-12-31	Skr37.69	Skr120.30	x
2009-12-31	Skr43.47	Skr120.30	x
2010-12-31	Skr46.33	Skr120.30	x
2011-12-31	Skr54.38	Skr120.30	x
2012-12-31	Skr56.03	Skr120.30	x
2013-12-31	Skr56.40	Skr120.30	x
2014-12-31	Skr60.28	Skr120.30	x
2015-12-31	Skr60.40	Skr120.30	x
2016-12-31	Skr68.08	Skr120.30	x
2017-12-31	Skr85.30	Skr120.30	x
2018-12-31	Skr95.10	Skr120.30	x
2019-12-31	Skr101.82	Skr120.30	x
2020-12-31	Skr108.45	Skr120.30	x
2021-12-31	Skr120.53	Skr120.30	x
2022-12-31	Skr129.47	Skr120.30	x
2023-12-31	Skr123.59	Skr120.30	x
2024-12-31	Skr126.66	Skr120.30	x
2025-12-31	Skr123.01	Skr120.30	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: $3,808,465,000
Average return on equity (ROE) among peers: 22.39%

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	$835.09 Million
Balco Group AB (BALCO)	$440.50 Million	17.42%	1.41x	$33.20 Million
Bonava AB (publ) (BONAV-A)	$6.64 Billion	21.12%	1.97x	$22.25 Million
Bonava AB (publ) (BONAV-B)	$7.92 Billion	9.25%	1.89x	$225.13 Million
K-Fast Holding AB (publ) (KFAST-B)	$233.36 Million	41.74%	2.68x	$249.17 Million

About JM AB (publ)

ST:JM Sweden Residential Construction

Market Cap

$835.09 Million

Skr7.76 Billion SEK

Market Cap Rank

#9331 Global

#159 in Sweden

Share Price

Skr120.30

Change (1 day)

-2.83%

52-Week Range

Skr108.80 - Skr149.50

All Time High

Skr363.72