Pierce Group AB (PIERCE) - Net Assets
Based on the latest financial reports, Pierce Group AB (PIERCE) has net assets worth Skr660.00 Million SEK (≈ $71.03 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.11 Billion ≈ $119.67 Million USD) and total liabilities (Skr452.00 Million ≈ $48.64 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 PIERCE asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr660.00 Million |
| % of Total Assets | 59.35% |
| Annual Growth Rate | 38.33% |
| 5-Year Change | 1068.42% |
| 10-Year Change | N/A |
| Growth Volatility | 251.79 |
Pierce Group AB - Net Assets Trend (2018–2024)
This chart illustrates how Pierce Group AB's net assets have evolved over time, based on quarterly financial data. Also explore Pierce Group AB assets under control for the complete picture of this company's asset base.
Annual Net Assets for Pierce Group AB (2018–2024)
The table below shows the annual net assets of Pierce Group AB from 2018 to 2024. For live valuation and market cap data, see Pierce Group AB market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr666.00 Million ≈ $71.67 Million |
+6.22% |
| 2023-12-31 | Skr627.00 Million ≈ $67.48 Million |
-12.80% |
| 2022-12-31 | Skr719.00 Million ≈ $77.38 Million |
+63.04% |
| 2021-12-31 | Skr441.00 Million ≈ $47.46 Million |
+673.68% |
| 2020-12-31 | Skr57.00 Million ≈ $6.13 Million |
-3.39% |
| 2019-12-31 | Skr59.00 Million ≈ $6.35 Million |
-37.89% |
| 2018-12-31 | Skr95.00 Million ≈ $10.22 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pierce 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 13100000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr2.00 Million | 0.30% |
| Other Comprehensive Income | Skr12.00 Million | 1.80% |
| Other Components | Skr814.00 Million | 122.22% |
| Total Equity | Skr666.00 Million | 100.00% |
Pierce Group AB Competitors by Market Cap
The table below lists competitors of Pierce Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Renergen Ltd
AU:RLT
|
$82.34 Million |
|
First Northwest Bancorp
NASDAQ:FNWB
|
$82.36 Million |
|
GAMEVIL Inc
KQ:063080
|
$82.46 Million |
|
Gemfields Group Ltd
JSE:GML
|
$82.47 Million |
|
Tekna Holding AS
OL:TEKNA
|
$82.34 Million |
|
Auburn National Bancorporation Inc
NASDAQ:AUBN
|
$82.33 Million |
|
Berkah Prima Perkasa Tbk PT
JK:BLUE
|
$82.30 Million |
|
Micropolis Holding Company
NYSE:MCRP
|
$82.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pierce Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 627,000,000 to 666,000,000, a change of 39,000,000 (6.2%).
- Net income of 36,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 8,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr36.00 Million | +5.41% |
| Other Comprehensive Income | Skr8.00 Million | +1.2% |
| Other Changes | Skr-5.00 Million | -0.75% |
| Total Change | Skr- | 6.22% |
Book Value vs Market Value Analysis
This analysis compares Pierce 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: 1.15x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.20x to 1.15x 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 | Skr2.29 | Skr9.64 | x |
| 2019-12-31 | Skr1.42 | Skr9.64 | x |
| 2020-12-31 | Skr1.38 | Skr9.64 | x |
| 2021-12-31 | Skr9.35 | Skr9.64 | x |
| 2022-12-31 | Skr12.16 | Skr9.64 | x |
| 2023-12-31 | Skr7.90 | Skr9.64 | x |
| 2024-12-31 | Skr8.38 | Skr9.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pierce 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): 5.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.21%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 1.66x
- Recent ROE (5.41%) is above the historical average (-15.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -27.37% | -2.76% | 1.34x | 7.40x | Skr-35.50 Million |
| 2019 | -64.41% | -3.06% | 1.31x | 16.07x | Skr-43.90 Million |
| 2020 | -1.75% | -0.07% | 1.66x | 16.14x | Skr-6.70 Million |
| 2021 | 5.90% | 1.63% | 1.54x | 2.35x | Skr-18.10 Million |
| 2022 | -8.07% | -3.47% | 1.54x | 1.51x | Skr-129.90 Million |
| 2023 | -15.31% | -6.25% | 1.58x | 1.55x | Skr-158.70 Million |
| 2024 | 5.41% | 2.21% | 1.48x | 1.66x | Skr-30.60 Million |
Industry Comparison
This section compares Pierce Group AB's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $2,441,223,000
- Average return on equity (ROE) among peers: 6.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pierce Group AB (PIERCE) | Skr660.00 Million | -27.37% | 0.68x | $82.34 Million |
| Autoliv Inc (ALIV-SDB) | $3.44 Billion | 13.59% | 1.16x | $8.49 Billion |
| Bulten AB (BULTEN) | $1.52 Billion | 3.63% | 1.02x | $104.24 Million |
| Mekonomen AB (MEKO) | $840.79 Million | 0.00% | 0.80x | $409.81 Million |
| VBG Group AB (publ) (VBG-B) | $3.96 Billion | 10.65% | 0.78x | $815.89 Million |
About Pierce Group AB
Pierce Group AB (publ), an e-commerce company, engages in the sale of motorcycle and snowmobile gears, parts, and accessories across Europe. It operates in three segments: Offroad, Onroad, and Other. The company serves motocross and enduro riders under the 24MX brand; highroad motorcycle riders under the XLMOTO brand; and snowmobile riders under the Sledstore brand. Pierce Group AB (publ) was fou… Read more