MilDef Group AB (MILDEF) - Net Assets

Latest as of June 2026: Skr1.66 Billion SEK ≈ $178.41 Million USD

Based on the latest financial reports, MilDef Group AB (MILDEF) has net assets worth Skr1.66 Billion SEK (≈ $178.41 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr3.19 Billion ≈ $343.26 Million USD) and total liabilities (Skr1.53 Billion ≈ $164.86 Million 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 MILDEF strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr1.66 Billion
% of Total Assets 51.97%
Annual Growth Rate 50.27%
5-Year Change 167.39%
10-Year Change N/A
Growth Volatility 106.14

MilDef Group AB - Net Assets Trend (2018–2025)

This chart illustrates how MilDef Group AB's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see MILDEF company net worth.

Annual Net Assets for MilDef Group AB (2018–2025)

The table below shows the annual net assets of MilDef Group AB from 2018 to 2025. Also explore MILDEF year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Year Net Assets Change
2025-12-31 Skr1.52 Billion
≈ $163.50 Million		 +37.89%
2024-12-31 Skr1.10 Billion
≈ $118.57 Million		 +30.45%
2023-12-31 Skr844.60 Million
≈ $90.89 Million		 +7.20%
2022-12-31 Skr787.90 Million
≈ $84.79 Million		 +38.67%
2021-12-31 Skr568.20 Million
≈ $61.15 Million		 +328.51%
2020-12-31 Skr132.60 Million
≈ $14.27 Million		 +30.90%
2019-12-31 Skr101.30 Million
≈ $10.90 Million		 +15.38%
2018-12-31 Skr87.80 Million
≈ $9.45 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to MilDef Group 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 decreased by 135.6% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock Skr11.78 Million 0.78%
Other Comprehensive Income Skr-25.60 Million -1.68%
Other Components Skr1.54 Billion 101.47%
Total Equity Skr1.52 Billion 100.00%

MilDef Group AB Competitors by Market Cap

The table below lists competitors of MilDef Group AB ranked by their market capitalization.

Company Market Cap
Parksystems Corp
KQ:140860
 $1.19 Billion
Opko Health Inc
NASDAQ:OPK
 $1.19 Billion
Sensirion Holding AG
SW:SENS
 $1.19 Billion
Jutze Intelligent Technology Co Ltd
SHE:300802
 $1.19 Billion
Chongqing Department Store Co Ltd
SHG:600729
 $1.19 Billion
Central Reinsurance Corp
TW:2851
 $1.19 Billion
Nhn Entertain
KO:181710
 $1.19 Billion
Gansu Yasheng Industrial Group Co Ltd
SHG:600108
 $1.19 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,101,800,000 to 1,519,300,000, a change of 417,500,000 (37.9%).
  • Net income of 147,700,000 contributed positively to equity growth.
  • Dividend payments of 23,500,000 reduced retained earnings.
  • Share repurchases of 3,800,000 reduced equity.
  • New share issuances of 6,600,000 increased equity.
  • Other comprehensive income decreased equity by 24,800,000.
  • Other factors increased equity by 315,300,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr147.70 Million +9.72%
Dividends Paid Skr23.50 Million -1.55%
Share Repurchases Skr3.80 Million -0.25%
Share Issuances Skr6.60 Million +0.43%
Other Comprehensive Income Skr-24.80 Million -1.63%
Other Changes Skr315.30 Million +20.75%
Total Change Skr- 37.89%

Book Value vs Market Value Analysis

This analysis compares MilDef Group 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: 7.22x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 65.69x to 7.22x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2018-12-31 Skr3.56 Skr233.90 x
2019-12-31 Skr4.11 Skr233.90 x
2020-12-31 Skr5.38 Skr233.90 x
2021-12-31 Skr21.65 Skr233.90 x
2022-12-31 Skr20.82 Skr233.90 x
2023-12-31 Skr20.96 Skr233.90 x
2024-12-31 Skr27.14 Skr233.90 x
2025-12-31 Skr32.41 Skr233.90 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MilDef Group 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): 9.72%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.22%
  • • Asset Turnover: 0.70x
  • • Equity Multiplier: 1.91x
  • Recent ROE (9.72%) is above the historical average (8.02%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2018 13.78% 4.96% 1.37x 2.03x Skr3.32 Million
2019 18.76% 5.69% 1.17x 2.82x Skr8.87 Million
2020 32.05% 10.66% 1.08x 2.77x Skr29.24 Million
2021 -0.12% -0.15% 0.58x 1.42x Skr-57.52 Million
2022 1.80% 1.92% 0.53x 1.77x Skr-64.59 Million
2023 8.17% 5.99% 0.75x 1.81x Skr-15.46 Million
2024 -19.99% -18.34% 0.71x 1.53x Skr-330.48 Million
2025 9.72% 7.22% 0.70x 1.91x Skr-4.23 Million

Industry Comparison

This section compares MilDef Group AB's net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $1,563,128,942
  • Average return on equity (ROE) among peers: -15.58%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MilDef Group AB (MILDEF) Skr1.66 Billion 13.78% 0.92x $1.19 Billion
AAC Clyde Space AB (publ) (AAC) $662.75 Million -6.24% 0.42x $74.80 Million
Scandinavian Astor Group AB (ASTOR) $756.17 Million 5.27% 0.57x $103.15 Million
AVTECH Sweden AB Series B (AVT-B) $15.90 Million -65.41% 0.56x $16.03 Million
CTT Systems AB (CTT) $63.60 Million 36.48% 1.71x $177.85 Million
GomSpace Group AB (GOMX) $109.78 Million -84.35% 1.75x $169.55 Million
OXE Marine AB (OXE) $10.06 Million -37.56% 5.37x $15.89 Million
Saab AB (publ) (SAAB-B) $10.82 Billion 6.46% 1.81x $34.42 Billion
W5 Solutions AB (W5) $64.76 Million 20.70% 1.23x $58.48 Million

About MilDef Group AB

ST:MILDEF Sweden Aerospace & Defense
Market Cap
$1.19 Billion
Skr11.02 Billion SEK
Market Cap Rank
#8220 Global
#126 in Sweden
Share Price
Skr233.90
Change (1 day)
-0.21%
52-Week Range
Skr110.20 - Skr238.90
All Time High
Skr285.40
Categories
Companies in Sweden Aerospace & Defense
About

MilDef Group AB (publ), together with its subsidiaries, develops, manufactures, and sells rugged IT solutions in Sweden, Norway, Finland, Denmark, the United Kingdom, Germany, Switzerland, the United States, Australia, and internationally. The company offers IT equipment, rugged computers, KVM, switches, routers, power distribution, customer projects, and accessories; laptops, tablets, and handhe… Read more