Meren Energy
Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa… Read more
Meren Energy (MER) - Net Assets
Latest net assets as of September 2025: Skr881.30 Million SEK
Based on the latest financial reports, Meren Energy (MER) has net assets worth Skr881.30 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr2.13 Billion) and total liabilities (Skr1.25 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 | Skr881.30 Million |
| % of Total Assets | 41.4% |
| Annual Growth Rate | N/A |
| 5-Year Change | -27.24% |
| 10-Year Change | -44.67% |
| Growth Volatility | 628.87 |
Meren Energy - Net Assets Trend (2000–2024)
This chart illustrates how Meren Energy's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Meren Energy (2000–2024)
The table below shows the annual net assets of Meren Energy from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr548.80 Million | -38.65% |
| 2023-12-31 | Skr894.60 Million | +7.71% |
| 2022-12-31 | Skr830.60 Million | -12.39% |
| 2021-12-31 | Skr948.06 Million | +25.69% |
| 2020-12-31 | Skr754.29 Million | -1.62% |
| 2019-12-31 | Skr766.70 Million | -16.85% |
| 2018-12-31 | Skr922.08 Million | -5.28% |
| 2017-12-31 | Skr973.45 Million | -0.41% |
| 2016-12-31 | Skr977.44 Million | -1.46% |
| 2015-12-31 | Skr991.88 Million | +24.44% |
| 2014-12-31 | Skr797.05 Million | -14.28% |
| 2013-12-31 | Skr929.85 Million | +78.76% |
| 2012-12-31 | Skr520.15 Million | +88.50% |
| 2011-12-31 | Skr275.95 Million | +63.23% |
| 2010-12-31 | Skr169.05 Million | +89.45% |
| 2009-12-31 | Skr89.23 Million | +258.73% |
| 2008-12-31 | Skr24.87 Million | +0.80% |
| 2007-12-31 | Skr24.68 Million | +326.47% |
| 2006-12-31 | Skr5.79 Million | +132.90% |
| 2005-12-31 | Skr2.48 Million | +2963.19% |
| 2004-12-31 | Skr81.11K | +1771.25% |
| 2003-12-31 | Skr-4.85K | -111.39% |
| 2002-12-31 | Skr42.61K | +111.08% |
| 2001-12-31 | Skr-384.53K | -30.44% |
| 2000-12-31 | Skr-294.80K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Meren Energy'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 72941785200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.20 Billion | 217.89% |
| Other Components | Skr87.00 Million | 15.85% |
| Total Equity | Skr548.80 Million | 100.00% |
Meren Energy Competitors by Market Cap
The table below lists competitors of Meren Energy ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Changzhou NRB Corp
SHE:002708
|
$575.76 Million |
|
Antin IP SA
PA:ANTIN
|
$575.99 Million |
|
Janux Therapeutics Inc
NASDAQ:JANX
|
$576.00 Million |
|
Phreesia Inc
NYSE:PHR
|
$576.14 Million |
|
Xi'an Manareco New Materials Co.Ltd
SHG:688550
|
$575.54 Million |
|
Start Group
SHG:600734
|
$575.42 Million |
|
Southern Missouri Bancorp Inc
NASDAQ:SMBC
|
$575.34 Million |
|
Avanos Medical Inc
NYSE:AVNS
|
$574.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meren Energy's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 894,600,000 to 548,800,000, a change of -345,800,000 (-38.7%).
- Net loss of 279,100,000 reduced equity.
- Dividend payments of 22,600,000 reduced retained earnings.
- Share repurchases of 45,300,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-279.10 Million | -50.86% |
| Dividends Paid | Skr22.60 Million | -4.12% |
| Share Repurchases | Skr45.30 Million | -8.25% |
| Other Changes | Skr1.20 Million | +0.22% |
| Total Change | Skr- | -38.65% |
Book Value vs Market Value Analysis
This analysis compares Meren Energy'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: 12.22x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | Skr-0.12 | Skr14.92 | x |
| 2001-12-31 | Skr-0.16 | Skr14.92 | x |
| 2002-12-31 | Skr0.01 | Skr14.92 | x |
| 2003-12-31 | Skr0.00 | Skr14.92 | x |
| 2004-12-31 | Skr0.02 | Skr14.92 | x |
| 2005-12-31 | Skr0.39 | Skr14.92 | x |
| 2006-12-31 | Skr0.45 | Skr14.92 | x |
| 2007-12-31 | Skr1.50 | Skr14.92 | x |
| 2008-12-31 | Skr1.41 | Skr14.92 | x |
| 2009-12-31 | Skr1.99 | Skr14.92 | x |
| 2010-12-31 | Skr1.99 | Skr14.92 | x |
| 2011-12-31 | Skr1.24 | Skr14.92 | x |
| 2012-12-31 | Skr2.14 | Skr14.92 | x |
| 2013-12-31 | Skr3.35 | Skr14.92 | x |
| 2014-12-31 | Skr2.56 | Skr14.92 | x |
| 2015-12-31 | Skr2.44 | Skr14.92 | x |
| 2016-12-31 | Skr2.14 | Skr14.92 | x |
| 2017-12-31 | Skr2.13 | Skr14.92 | x |
| 2018-12-31 | Skr1.97 | Skr14.92 | x |
| 2019-12-31 | Skr1.63 | Skr14.92 | x |
| 2020-12-31 | Skr1.60 | Skr14.92 | x |
| 2021-12-31 | Skr1.99 | Skr14.92 | x |
| 2022-12-31 | Skr1.74 | Skr14.92 | x |
| 2023-12-31 | Skr1.89 | Skr14.92 | x |
| 2024-12-31 | Skr1.22 | Skr14.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meren Energy 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): -50.86%
- 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: 1.12x
- Recent ROE (-50.86%) is below the historical average (-12.58%), 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 | 0.00% | 0.00% | 0.00x | 0.00x | Skr-127.76K |
| 2001 | 0.00% | 0.00% | 0.00x | 0.00x | Skr-68.31K |
| 2002 | -183.48% | 0.00% | 0.00x | 7.45x | Skr-82.44K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | Skr-58.81K |
| 2004 | 22.33% | 0.00% | 0.00x | 1.43x | Skr10.00K |
| 2005 | -18.19% | 0.00% | 0.00x | 1.14x | Skr-700.44K |
| 2006 | -13.53% | 0.00% | 0.00x | 1.01x | Skr-1.36 Million |
| 2007 | 4.72% | 0.00% | 0.00x | 1.01x | Skr-1.30 Million |
| 2008 | -14.72% | 0.00% | 0.00x | 1.42x | Skr-6.15 Million |
| 2009 | -1.52% | 0.00% | 0.00x | 1.06x | Skr-10.28 Million |
| 2010 | -2.35% | 0.00% | 0.00x | 1.05x | Skr-20.88 Million |
| 2011 | -4.44% | 0.00% | 0.00x | 1.27x | Skr-34.61 Million |
| 2012 | -4.82% | 0.00% | 0.00x | 1.18x | Skr-70.05 Million |
| 2013 | -5.98% | 0.00% | 0.00x | 1.12x | Skr-140.77 Million |
| 2014 | -13.42% | 0.00% | 0.00x | 1.19x | Skr-186.64 Million |
| 2015 | -8.79% | 0.00% | 0.00x | 1.11x | Skr-186.38 Million |
| 2016 | -1.82% | 0.00% | 0.00x | 1.03x | Skr-115.51 Million |
| 2017 | -0.47% | 0.00% | 0.00x | 1.03x | Skr-101.88 Million |
| 2018 | -7.24% | 0.00% | 0.00x | 1.03x | Skr-158.92 Million |
| 2019 | -20.45% | 0.00% | 0.00x | 1.06x | Skr-233.44 Million |
| 2020 | -2.34% | 0.00% | 0.00x | 1.21x | Skr-93.04 Million |
| 2021 | 20.11% | 0.00% | 0.00x | 1.05x | Skr95.89 Million |
| 2022 | -7.26% | 0.00% | 0.00x | 1.10x | Skr-143.36 Million |
| 2023 | 0.01% | 0.00% | 0.00x | 1.08x | Skr-89.37 Million |
| 2024 | -50.86% | 0.00% | 0.00x | 1.12x | Skr-333.98 Million |
Industry Comparison
This section compares Meren Energy'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: $82,378,021
- Average return on equity (ROE) among peers: -5.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meren Energy (MER) | Skr881.30 Million | 0.00% | 1.42x | $575.75 Million |
| Maha Energy AB (publ) (MAHA-A) | $98.56 Million | -26.64% | 0.17x | $90.94 Million |
| Tethys Oil AB (TETY) | $66.20 Million | 15.14% | 0.02x | $127.55 Million |