Maha Energy AB (publ)
Maha Capital AB (publ) engages in the exploration, development, and production of oil, natural gas, and minerals sectors in Brazil, the United States, and Oman. It owns 65% working interest in the Block 70 project located in Oman; and 100% working interest in the light oil Illinois Basin property located in Illinois, the United States. The company was formerly known as Maha Energy AB (publ) and c… Read more
Maha Energy AB (publ) (MAHA-A) - Net Assets
Latest net assets as of December 2025: Skr98.56 Million SEK
Based on the latest financial reports, Maha Energy AB (publ) (MAHA-A) has net assets worth Skr98.56 Million SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr115.20 Million) and total liabilities (Skr16.64 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 | Skr98.56 Million |
| % of Total Assets | 85.55% |
| Annual Growth Rate | 30.37% |
| 5-Year Change | 7.8% |
| 10-Year Change | 216.54% |
| Growth Volatility | 143.3 |
Maha Energy AB (publ) - Net Assets Trend (2013–2025)
This chart illustrates how Maha Energy AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Maha Energy AB (publ) (2013–2025)
The table below shows the annual net assets of Maha Energy AB (publ) from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr98.56 Million | -17.69% |
| 2024-12-31 | Skr119.73 Million | -22.66% |
| 2023-12-31 | Skr154.82 Million | +9.89% |
| 2022-12-31 | Skr140.90 Million | +54.11% |
| 2021-12-31 | Skr91.42 Million | +64.56% |
| 2020-12-31 | Skr55.56 Million | -36.77% |
| 2019-12-31 | Skr87.86 Million | +26.83% |
| 2018-12-31 | Skr69.27 Million | +43.72% |
| 2017-12-31 | Skr48.20 Million | +54.81% |
| 2016-12-31 | Skr31.14 Million | +42.92% |
| 2015-12-31 | Skr21.79 Million | -14.50% |
| 2014-12-31 | Skr25.48 Million | +523.03% |
| 2013-12-31 | Skr4.09 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Maha Energy 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 2216642100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr207.47K | 0.21% |
| Other Components | Skr121.63 Million | 123.41% |
| Total Equity | Skr98.56 Million | 100.00% |
Maha Energy AB (publ) Competitors by Market Cap
The table below lists competitors of Maha Energy AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gmt Global Inc.
TWO:4573
|
$90.99 Million |
|
Shun Tak Holdings Limited
PINK:SHTGF
|
$91.01 Million |
|
QNB Corp
PINK:QNBC
|
$91.01 Million |
|
Anhui Sentai WPC Group Share Co. Ltd.
SHE:301429
|
$91.02 Million |
|
Great China Metal Industry Co Ltd
TW:9905
|
$90.94 Million |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
$90.94 Million |
|
First Keystone Corp
PINK:FKYS
|
$90.93 Million |
|
Akva Group
OL:AKVA
|
$90.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Maha Energy AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 119,735,000 to 98,557,429, a change of -21,177,571 (-17.7%).
- Net loss of 26,259,773 reduced equity.
- Share repurchases of 523,157 reduced equity.
- New share issuances of 5,000 increased equity.
- Other comprehensive income increased equity by 17,455,999.
- Other factors decreased equity by 11,855,640.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-26.26 Million | -26.64% |
| Share Repurchases | Skr523.16K | -0.53% |
| Share Issuances | Skr5.00K | +0.01% |
| Other Comprehensive Income | Skr17.46 Million | +17.71% |
| Other Changes | Skr-11.86 Million | -12.03% |
| Total Change | Skr- | -17.69% |
Book Value vs Market Value Analysis
This analysis compares Maha Energy 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: 19.65x
- 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 decreased from 54.61x to 19.65x 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 | Skr0.21 | Skr11.30 | x |
| 2014-12-31 | Skr0.78 | Skr11.30 | x |
| 2015-12-31 | Skr0.50 | Skr11.30 | x |
| 2016-12-31 | Skr0.57 | Skr11.30 | x |
| 2017-12-31 | Skr0.56 | Skr11.30 | x |
| 2018-12-31 | Skr0.68 | Skr11.30 | x |
| 2019-12-31 | Skr0.81 | Skr11.30 | x |
| 2020-12-31 | Skr0.52 | Skr11.30 | x |
| 2021-12-31 | Skr0.81 | Skr11.30 | x |
| 2022-12-31 | Skr1.16 | Skr11.30 | x |
| 2023-12-31 | Skr0.94 | Skr11.30 | x |
| 2024-12-31 | Skr0.70 | Skr11.30 | x |
| 2025-12-31 | Skr0.58 | Skr11.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Maha Energy 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): -26.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.17x
- Recent ROE (-26.64%) is below the historical average (-4.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -31.04% | 0.00% | 0.00x | 1.17x | Skr-1.60 Million |
| 2014 | -7.43% | -133.81% | 0.05x | 1.12x | Skr-4.44 Million |
| 2015 | -17.92% | -614.91% | 0.03x | 1.05x | Skr-6.08 Million |
| 2016 | -6.02% | -824.48% | 0.01x | 1.04x | Skr-4.99 Million |
| 2017 | -5.91% | -19.51% | 0.16x | 1.88x | Skr-7.67 Million |
| 2018 | 37.02% | 67.25% | 0.32x | 1.72x | Skr18.72 Million |
| 2019 | 22.37% | 35.36% | 0.41x | 1.55x | Skr10.87 Million |
| 2020 | -18.47% | -26.29% | 0.31x | 2.23x | Skr-15.81 Million |
| 2021 | 23.61% | 31.60% | 0.41x | 1.84x | Skr12.44 Million |
| 2022 | 16.28% | 186.04% | 0.06x | 1.55x | Skr8.84 Million |
| 2023 | -21.93% | -649.69% | 0.03x | 1.30x | Skr-49.44 Million |
| 2024 | -27.20% | -383.48% | 0.07x | 1.07x | Skr-44.54 Million |
| 2025 | -26.64% | 0.00% | 0.00x | 1.17x | Skr-36.12 Million |
Industry Comparison
This section compares Maha Energy AB (publ)'s net assets metrics with peer companies in the Oil & Gas E&P industry.
Industry Context
- Industry: Oil & Gas E&P
- Average net assets among peers: $32,951,905
- Average return on equity (ROE) among peers: 7.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Maha Energy AB (publ) (MAHA-A) | Skr98.56 Million | -31.04% | 0.17x | $90.94 Million |
| Meren Energy (MER) | $-294.80K | 0.00% | 0.00x | $575.75 Million |
| Tethys Oil AB (TETY) | $66.20 Million | 15.14% | 0.02x | $127.55 Million |