Powercell Sweden (PCELL) - Net Assets
Based on the latest financial reports, Powercell Sweden (PCELL) has net assets worth Skr346.72 Million SEK (≈ $37.31 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr564.20 Million ≈ $60.72 Million USD) and total liabilities (Skr217.48 Million ≈ $23.40 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 Powercell Sweden tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr346.72 Million |
| % of Total Assets | 61.45% |
| Annual Growth Rate | 21.1% |
| 5-Year Change | 0.8% |
| 10-Year Change | 958.85% |
| Growth Volatility | 173.35 |
Powercell Sweden - Net Assets Trend (2012–2025)
This chart illustrates how Powercell Sweden's net assets have evolved over time, based on quarterly financial data. See PCELL defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Powercell Sweden (2012–2025)
The table below shows the annual net assets of Powercell Sweden from 2012 to 2025. For live valuation and market cap data, see Powercell Sweden stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr386.53 Million ≈ $41.60 Million |
-6.57% |
| 2024-12-31 | Skr413.70 Million ≈ $44.52 Million |
+50.20% |
| 2023-12-31 | Skr275.43 Million ≈ $29.64 Million |
-17.26% |
| 2022-12-31 | Skr332.87 Million ≈ $35.82 Million |
-13.19% |
| 2021-12-31 | Skr383.45 Million ≈ $41.27 Million |
-16.20% |
| 2020-12-31 | Skr457.56 Million ≈ $49.24 Million |
-19.05% |
| 2019-12-31 | Skr565.27 Million ≈ $60.83 Million |
+344.22% |
| 2018-12-31 | Skr127.25 Million ≈ $13.69 Million |
-32.63% |
| 2017-12-31 | Skr188.88 Million ≈ $20.33 Million |
+417.41% |
| 2016-12-31 | Skr36.51 Million ≈ $3.93 Million |
+224.03% |
| 2015-12-31 | Skr11.27 Million ≈ $1.21 Million |
-85.26% |
| 2014-12-31 | Skr76.45 Million ≈ $8.23 Million |
+371.79% |
| 2013-12-31 | Skr16.20 Million ≈ $1.74 Million |
-49.47% |
| 2012-12-31 | Skr32.07 Million ≈ $3.45 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Powercell Sweden'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 43117700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.27 Million | 0.33% |
| Other Comprehensive Income | Skr-457.00K | -0.12% |
| Other Components | Skr816.89 Million | 211.34% |
| Total Equity | Skr386.53 Million | 100.00% |
Powercell Sweden Competitors by Market Cap
The table below lists competitors of Powercell Sweden ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Benfica
LS:SLBEN
|
$143.98 Million |
|
PERENNIAL ENERGY HD-01
F:PEZ
|
$144.03 Million |
|
Antony Waste Handling Cell Limited
NSE:AWHCL
|
$144.05 Million |
|
1-800 FLOWERS.COM Inc
NASDAQ:FLWS
|
$144.05 Million |
|
Revival Gold Inc
V:RVG
|
$143.91 Million |
|
Wafangdian Bearing Co Ltd
SHE:200706
|
$143.90 Million |
|
NSE SA
PA:ALNSE
|
$143.88 Million |
|
Elentec Co. Ltd
KQ:054210
|
$143.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Powercell Sweden's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 413,703,000 to 386,532,000, a change of -27,171,000 (-6.6%).
- Net loss of 29,530,000 reduced equity.
- Other comprehensive income decreased equity by 140,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-29.53 Million | -7.64% |
| Other Comprehensive Income | Skr-140.00K | -0.04% |
| Other Changes | Skr2.50 Million | +0.65% |
| Total Change | Skr- | -6.57% |
Book Value vs Market Value Analysis
This analysis compares Powercell Sweden'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: 3.46x
- 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 16.66x to 3.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Skr1.39 | Skr23.10 | x |
| 2013-12-31 | Skr0.70 | Skr23.10 | x |
| 2014-12-31 | Skr2.16 | Skr23.10 | x |
| 2015-12-31 | Skr0.32 | Skr23.10 | x |
| 2016-12-31 | Skr0.82 | Skr23.10 | x |
| 2017-12-31 | Skr3.65 | Skr23.10 | x |
| 2018-12-31 | Skr2.45 | Skr23.10 | x |
| 2019-12-31 | Skr10.86 | Skr23.10 | x |
| 2020-12-31 | Skr8.80 | Skr23.10 | x |
| 2021-12-31 | Skr7.35 | Skr23.10 | x |
| 2022-12-31 | Skr6.38 | Skr23.10 | x |
| 2023-12-31 | Skr5.28 | Skr23.10 | x |
| 2024-12-31 | Skr7.15 | Skr23.10 | x |
| 2025-12-31 | Skr6.68 | Skr23.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Powercell Sweden 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): -7.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -7.67%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.55x
- Recent ROE (-7.64%) is above the historical average (-92.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -129.69% | -4952.02% | 0.01x | 2.63x | Skr-44.80 Million |
| 2013 | -235.77% | -1520.37% | 0.04x | 3.94x | Skr-39.83 Million |
| 2014 | -62.85% | -3220.78% | 0.01x | 1.92x | Skr-55.70 Million |
| 2015 | -582.40% | -1286.53% | 0.07x | 6.74x | Skr-66.74 Million |
| 2016 | -178.62% | -535.14% | 0.13x | 2.63x | Skr-68.86 Million |
| 2017 | -35.32% | -181.59% | 0.13x | 1.45x | Skr-85.60 Million |
| 2018 | -48.61% | -102.23% | 0.28x | 1.71x | Skr-74.59 Million |
| 2019 | 77.49% | 655.21% | 0.10x | 1.21x | Skr381.48 Million |
| 2020 | -25.49% | -112.65% | 0.18x | 1.23x | Skr-162.38 Million |
| 2021 | -19.58% | -47.00% | 0.31x | 1.36x | Skr-113.43 Million |
| 2022 | -17.48% | -23.77% | 0.52x | 1.42x | Skr-91.46 Million |
| 2023 | -22.86% | -20.29% | 0.73x | 1.54x | Skr-90.50 Million |
| 2024 | -11.43% | -14.15% | 0.50x | 1.60x | Skr-88.66 Million |
| 2025 | -7.64% | -7.67% | 0.64x | 1.55x | Skr-68.18 Million |
Industry Comparison
This section compares Powercell Sweden's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $3,801,023,143
- Average return on equity (ROE) among peers: -28.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Powercell Sweden (PCELL) | Skr346.72 Million | -129.69% | 0.63x | $143.92 Million |
| AQ Group AB (AQ) | $1.46 Billion | 16.08% | 0.67x | $2.29 Billion |
| Ctek AB (CTEK) | $179.80 Million | 20.63% | 6.69x | $100.16 Million |
| Fagerhult AB (FAG) | $601.50 Million | 22.44% | 1.85x | $338.91 Million |
| Ferroamp Elektronik AB (FERRO) | $251.58 Million | -42.54% | 0.46x | $32.16 Million |
| Garo AB (GARO) | $430.30 Million | 22.17% | 0.73x | $64.25 Million |
| Heliospectra publ AB (HELIO) | $14.79 Million | -244.88% | 2.57x | $5.53 Million |
| Intellego Technologies AB (INT) | $23.67 Billion | 8.18% | 2.21x | $157.08 Million |
About Powercell Sweden
PowerCell Sweden AB (publ) develops and produces fuel cells and fuel cell systems for automotive, marine, and stationary applications in Sweden and internationally. It offers hydrogen fuel cell for Aviation; off-road heavy duty hydrogen electric solutions; on-road power generation for on-road vehicles; and zero-emission power generation solutions. The company also provides hydrogen fuel cell tech… Read more