Photocat AS (PCAT) - Net Assets
Based on the latest financial reports, Photocat AS (PCAT) has net assets worth Skr9.98 Million SEK (≈ $1.07 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr20.13 Million ≈ $2.17 Million USD) and total liabilities (Skr10.14 Million ≈ $1.09 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 how resilient are Photocat AS's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr9.98 Million |
| % of Total Assets | 49.6% |
| Annual Growth Rate | 7.23% |
| 5-Year Change | -22.18% |
| 10-Year Change | -15.89% |
| Growth Volatility | 45.91 |
Photocat AS - Net Assets Trend (2010–2024)
This chart illustrates how Photocat AS's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Photocat AS for the complete picture of this company's asset base.
Annual Net Assets for Photocat AS (2010–2024)
The table below shows the annual net assets of Photocat AS from 2010 to 2024. For live valuation and market cap data, see PCAT market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr10.48 Million ≈ $1.13 Million |
-14.43% |
| 2023-12-31 | Skr12.25 Million ≈ $1.32 Million |
-13.56% |
| 2022-12-31 | Skr14.17 Million ≈ $1.52 Million |
+25.32% |
| 2021-12-31 | Skr11.30 Million ≈ $1.22 Million |
-16.05% |
| 2020-12-31 | Skr13.46 Million ≈ $1.45 Million |
+4.13% |
| 2019-12-31 | Skr12.93 Million ≈ $1.39 Million |
+70.85% |
| 2018-12-31 | Skr7.57 Million ≈ $814.46K |
-33.15% |
| 2017-12-31 | Skr11.32 Million ≈ $1.22 Million |
+22.93% |
| 2016-12-31 | Skr9.21 Million ≈ $991.04K |
-26.08% |
| 2015-12-31 | Skr12.46 Million ≈ $1.34 Million |
+104.23% |
| 2014-12-31 | Skr6.10 Million ≈ $656.46K |
-18.83% |
| 2013-12-31 | Skr7.51 Million ≈ $808.73K |
+4.16% |
| 2012-12-31 | Skr7.21 Million ≈ $776.45K |
+111.96% |
| 2011-12-31 | Skr3.40 Million ≈ $366.32K |
-13.71% |
| 2010-12-31 | Skr3.94 Million ≈ $424.55K |
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Equity Component Analysis
This analysis shows how different components contribute to Photocat AS'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 331200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr6.00 Million | 57.22% |
| Other Components | Skr7.79 Million | 74.39% |
| Total Equity | Skr10.48 Million | 100.00% |
Photocat AS Competitors by Market Cap
The table below lists competitors of Photocat AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Plaza Centers NV
WAR:PLZ
|
$3.01 Million |
|
BOD Science Ltd
AU:BOD
|
$3.01 Million |
|
District Copper Corp
V:DCOP
|
$3.02 Million |
|
Vaxtex Cotfab Limited
NSE:VCL
|
$3.02 Million |
|
Datadot Technology Ltd
AU:DDT
|
$3.01 Million |
|
NORTHERN SHIELD RES INC.
F:N9SA
|
$3.01 Million |
|
Atlantis S.A.
WAR:ATS
|
$3.01 Million |
|
Molinos Rio de la Plata SA
BA:MOLI5
|
$3.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Photocat AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 12,245,124 to 10,478,000, a change of -1,767,124 (-14.4%).
- Net loss of 2,627,000 reduced equity.
- Share repurchases of 860,040 reduced equity.
- New share issuances of 860,000 increased equity.
- Other comprehensive income decreased equity by 7,795,225.
- Other factors increased equity by 8,655,141.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-2.63 Million | -25.07% |
| Share Repurchases | Skr860.04K | -8.21% |
| Share Issuances | Skr860.00K | +8.21% |
| Other Comprehensive Income | Skr-7.80 Million | -74.4% |
| Other Changes | Skr8.66 Million | +82.6% |
| Total Change | Skr- | -14.43% |
Book Value vs Market Value Analysis
This analysis compares Photocat AS'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: 2.67x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.65x to 2.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Skr2.82 | Skr4.66 | x |
| 2013-12-31 | Skr2.94 | Skr4.66 | x |
| 2014-12-31 | Skr2.38 | Skr4.66 | x |
| 2015-12-31 | Skr4.87 | Skr4.66 | x |
| 2016-12-31 | Skr3.60 | Skr4.66 | x |
| 2017-12-31 | Skr3.77 | Skr4.66 | x |
| 2018-12-31 | Skr1.68 | Skr4.66 | x |
| 2019-12-31 | Skr2.59 | Skr4.66 | x |
| 2020-12-31 | Skr2.56 | Skr4.66 | x |
| 2021-12-31 | Skr2.13 | Skr4.66 | x |
| 2022-12-31 | Skr2.42 | Skr4.66 | x |
| 2023-12-31 | Skr2.09 | Skr4.66 | x |
| 2024-12-31 | Skr1.75 | Skr4.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Photocat AS 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): -25.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.69%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.87x
- Recent ROE (-25.07%) is above the historical average (-33.85%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.31% | 7.10% | 0.30x | 2.04x | Skr-410.50K |
| 2013 | 3.99% | 7.34% | 0.22x | 2.46x | Skr-451.50K |
| 2014 | -37.28% | -55.71% | 0.25x | 2.71x | Skr-2.88 Million |
| 2015 | -50.57% | -266.85% | 0.12x | 1.59x | Skr-7.55 Million |
| 2016 | -106.23% | -188.83% | 0.32x | 1.74x | Skr-10.70 Million |
| 2017 | -60.31% | -121.56% | 0.35x | 1.41x | Skr-7.96 Million |
| 2018 | -67.64% | -111.60% | 0.32x | 1.92x | Skr-5.88 Million |
| 2019 | -31.84% | -61.12% | 0.40x | 1.29x | Skr-5.41 Million |
| 2020 | -13.58% | -13.14% | 0.83x | 1.25x | Skr-3.17 Million |
| 2021 | -19.11% | -13.77% | 0.85x | 1.63x | Skr-3.29 Million |
| 2022 | -21.08% | -17.63% | 0.75x | 1.60x | Skr-4.40 Million |
| 2023 | -15.68% | -11.37% | 0.73x | 1.89x | Skr-3.14 Million |
| 2024 | -25.07% | -21.69% | 0.62x | 1.87x | Skr-3.67 Million |
Industry Comparison
This section compares Photocat AS's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $201,550,811
- Average return on equity (ROE) among peers: -196.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Photocat AS (PCAT) | Skr9.98 Million | 4.31% | 1.02x | $3.01 Million |
| Svenska Aerogel Holding AB (publ) (AERO) | $3.62 Million | -123.91% | 2.60x | $3.15 Million |
| Arla Plast AB (ARPL) | $686.00 Million | 12.87% | 0.45x | $97.42 Million |
| aXichem AB (AXIC-A) | $67.15 Million | -18.53% | 0.03x | $8.52 Million |
| HEXPOL AB (publ) (HPOL-B) | $881.00 Million | 18.39% | 1.27x | $2.67 Billion |
| I-Tech (ITECH) | $102.98 Million | -13.34% | 0.20x | $75.40 Million |
| Nexam Chemical Holding AB (NEXAM) | $15.68 Million | -112.29% | 0.38x | $20.72 Million |
| Organoclick AB (ORGC) | $53.41 Million | -29.53% | 1.82x | $9.49 Million |
| Polygiene AB (POLYG) | $3.92 Million | 36.19% | 1.49x | $31.05 Million |
| Triboron International AB (publ) (TRIBO-B) | $199.80K | -1540.98% | 44.94x | $3.70 Million |
About Photocat AS
Photocat A/S produces photocatalytic liquids and solutions for building materials and asphalt that reduces harmful matters caused by air pollution worldwide. Its photocatalytic building materials reduces air pollution by using light. The company offers NOxOFF, a formulated coating for concrete, bitumen roofing, and asphalt road surfaces; Actifloor, which acts as a giant natural filter for surface… Read more