Saab AB (publ) (SAAB-B) - Net Assets
Based on the latest financial reports, Saab AB (publ) (SAAB-B) has net assets worth Skr43.68 Billion SEK (≈ $4.70 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr124.70 Billion ≈ $13.42 Billion USD) and total liabilities (Skr81.03 Billion ≈ $8.72 Billion 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 Saab AB (publ) (SAAB-B) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr43.68 Billion |
| % of Total Assets | 35.02% |
| Annual Growth Rate | 8.32% |
| 5-Year Change | 87.86% |
| 10-Year Change | 228.37% |
| Growth Volatility | 11.25 |
Saab AB (publ) - Net Assets Trend (2002–2025)
This chart illustrates how Saab AB (publ)'s net assets have evolved over time, based on quarterly financial data. See Saab AB (publ) (SAAB-B) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Saab AB (publ) (2002–2025)
The table below shows the annual net assets of Saab AB (publ) from 2002 to 2025. For live valuation and market cap data, see Saab AB (publ) market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr43.68 Billion ≈ $4.70 Billion |
+21.96% |
| 2024-12-31 | Skr35.81 Billion ≈ $3.85 Billion |
+10.66% |
| 2023-12-31 | Skr32.36 Billion ≈ $3.48 Billion |
+8.32% |
| 2022-12-31 | Skr29.88 Billion ≈ $3.22 Billion |
+28.50% |
| 2021-12-31 | Skr23.25 Billion ≈ $2.50 Billion |
+7.42% |
| 2020-12-31 | Skr21.64 Billion ≈ $2.33 Billion |
+4.01% |
| 2019-12-31 | Skr20.81 Billion ≈ $2.24 Billion |
+5.99% |
| 2018-12-31 | Skr19.63 Billion ≈ $2.11 Billion |
+36.56% |
| 2017-12-31 | Skr14.38 Billion ≈ $1.55 Billion |
+8.09% |
| 2016-12-31 | Skr13.30 Billion ≈ $1.43 Billion |
+3.01% |
| 2015-12-31 | Skr12.91 Billion ≈ $1.39 Billion |
+13.53% |
| 2014-12-31 | Skr11.37 Billion ≈ $1.22 Billion |
-6.98% |
| 2013-12-31 | Skr12.23 Billion ≈ $1.32 Billion |
-13.27% |
| 2012-12-31 | Skr14.10 Billion ≈ $1.52 Billion |
+7.87% |
| 2011-12-31 | Skr13.07 Billion ≈ $1.41 Billion |
+14.20% |
| 2010-12-31 | Skr11.44 Billion ≈ $1.23 Billion |
+5.75% |
| 2009-12-31 | Skr10.82 Billion ≈ $1.16 Billion |
+15.99% |
| 2008-12-31 | Skr9.33 Billion ≈ $1.00 Billion |
-15.04% |
| 2007-12-31 | Skr10.98 Billion ≈ $1.18 Billion |
+12.03% |
| 2006-12-31 | Skr9.80 Billion ≈ $1.05 Billion |
+6.79% |
| 2005-12-31 | Skr9.18 Billion ≈ $987.81 Million |
+13.07% |
| 2004-12-31 | Skr8.12 Billion ≈ $873.63 Million |
+13.54% |
| 2003-12-31 | Skr7.15 Billion ≈ $769.45 Million |
+2.98% |
| 2002-12-31 | Skr6.94 Billion ≈ $747.18 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Saab AB (publ)'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 grown by 4423.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr33.11 Billion | 76.41% |
| Common Stock | Skr2.17 Billion | 5.02% |
| Other Comprehensive Income | Skr1.95 Billion | 4.50% |
| Other Components | Skr6.10 Billion | 14.07% |
| Total Equity | Skr43.34 Billion | 100.00% |
Saab AB (publ) Competitors by Market Cap
The table below lists competitors of Saab AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northern Trust Corporation
NASDAQ:NTRS
|
$29.68 Billion |
|
BOE Technology Group Co Ltd
SHE:000725
|
$29.74 Billion |
|
Gold Fields Ltd
JSE:GFI
|
$29.76 Billion |
|
Shenzhen Inovance Tech
SHE:300124
|
$29.85 Billion |
|
DTE Energy Company
NYSE:DTE
|
$29.50 Billion |
|
Bharat Electronics Limited
NSE:BEL_old
|
$29.41 Billion |
|
Ameren Corp
NYSE:AEE
|
$29.40 Billion |
|
Avenue Supermarts Limited
NSE:DMART
|
$29.40 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saab AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,503,000,000 to 43,336,000,000, a change of 7,833,000,000 (22.1%).
- Net income of 6,314,000,000 contributed positively to equity growth.
- Dividend payments of 1,076,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 1,757,000,000.
- Other factors increased equity by 838,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr6.31 Billion | +14.57% |
| Dividends Paid | Skr1.08 Billion | -2.48% |
| Other Comprehensive Income | Skr1.76 Billion | +4.05% |
| Other Changes | Skr838.00 Million | +1.93% |
| Total Change | Skr- | 22.06% |
Book Value vs Market Value Analysis
This analysis compares Saab AB (publ)'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: 6.45x
- 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 36.39x to 6.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr14.22 | Skr517.50 | x |
| 2003-12-31 | Skr14.50 | Skr517.50 | x |
| 2004-12-31 | Skr18.75 | Skr517.50 | x |
| 2005-12-31 | Skr21.02 | Skr517.50 | x |
| 2006-12-31 | Skr22.45 | Skr517.50 | x |
| 2007-12-31 | Skr23.25 | Skr517.50 | x |
| 2008-12-31 | Skr19.67 | Skr517.50 | x |
| 2009-12-31 | Skr22.32 | Skr517.50 | x |
| 2010-12-31 | Skr23.87 | Skr517.50 | x |
| 2011-12-31 | Skr27.42 | Skr517.50 | x |
| 2012-12-31 | Skr29.61 | Skr517.50 | x |
| 2013-12-31 | Skr25.70 | Skr517.50 | x |
| 2014-12-31 | Skr24.41 | Skr517.50 | x |
| 2015-12-31 | Skr27.90 | Skr517.50 | x |
| 2016-12-31 | Skr28.44 | Skr517.50 | x |
| 2017-12-31 | Skr30.50 | Skr517.50 | x |
| 2018-12-31 | Skr41.43 | Skr517.50 | x |
| 2019-12-31 | Skr38.33 | Skr517.50 | x |
| 2020-12-31 | Skr40.09 | Skr517.50 | x |
| 2021-12-31 | Skr43.09 | Skr517.50 | x |
| 2022-12-31 | Skr55.12 | Skr517.50 | x |
| 2023-12-31 | Skr59.60 | Skr517.50 | x |
| 2024-12-31 | Skr65.84 | Skr517.50 | x |
| 2025-12-31 | Skr80.28 | Skr517.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saab AB (publ) 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): 14.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.98%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.88x
- Recent ROE (14.57%) is above the historical average (9.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 10.89% | 4.43% | 0.59x | 4.18x | Skr59.70 Million |
| 2003 | 10.88% | 4.32% | 0.60x | 4.19x | Skr60.40 Million |
| 2004 | 15.71% | 7.14% | 0.65x | 3.39x | Skr463.20 Million |
| 2005 | 12.95% | 6.16% | 0.63x | 3.33x | Skr271.10 Million |
| 2006 | 13.26% | 6.17% | 0.64x | 3.34x | Skr319.80 Million |
| 2007 | 17.49% | 8.34% | 0.68x | 3.08x | Skr822.90 Million |
| 2008 | -2.64% | -1.02% | 0.72x | 3.59x | Skr-1.16 Billion |
| 2009 | 6.63% | 2.84% | 0.81x | 2.89x | Skr-355.20 Million |
| 2010 | 4.03% | 1.86% | 0.83x | 2.60x | Skr-673.40 Million |
| 2011 | 17.12% | 9.43% | 0.74x | 2.46x | Skr922.00 Million |
| 2012 | 11.18% | 6.51% | 0.81x | 2.12x | Skr165.50 Million |
| 2013 | 6.11% | 3.12% | 0.85x | 2.30x | Skr-472.60 Million |
| 2014 | 10.21% | 4.90% | 0.80x | 2.62x | Skr23.90 Million |
| 2015 | 10.60% | 5.01% | 0.77x | 2.73x | Skr76.90 Million |
| 2016 | 8.61% | 3.96% | 0.69x | 3.13x | Skr-182.60 Million |
| 2017 | 9.92% | 4.48% | 0.70x | 3.15x | Skr-11.90 Million |
| 2018 | 6.76% | 3.96% | 0.59x | 2.89x | Skr-628.20 Million |
| 2019 | 9.66% | 5.60% | 0.59x | 2.91x | Skr-70.50 Million |
| 2020 | 5.00% | 3.03% | 0.58x | 2.82x | Skr-1.07 Billion |
| 2021 | 8.38% | 4.92% | 0.60x | 2.83x | Skr-371.60 Million |
| 2022 | 7.44% | 5.23% | 0.58x | 2.45x | Skr-753.60 Million |
| 2023 | 10.55% | 6.55% | 0.62x | 2.58x | Skr177.50 Million |
| 2024 | 11.75% | 6.54% | 0.64x | 2.81x | Skr620.70 Million |
| 2025 | 14.57% | 7.98% | 0.63x | 2.88x | Skr1.98 Billion |
Industry Comparison
This section compares Saab AB (publ)'s net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $327,316,045
- Average return on equity (ROE) among peers: -14.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saab AB (publ) (SAAB-B) | Skr43.68 Billion | 10.89% | 1.86x | $29.51 Billion |
| AAC Clyde Space AB (publ) (AAC) | $557.77 Million | -6.87% | 0.14x | $105.47 Million |
| Scandinavian Astor Group AB (ASTOR) | $243.46 Million | 0.17% | 0.86x | $133.83 Million |
| AVTECH Sweden AB Series B (AVT-B) | $5.83 Million | 0.38% | 1.47x | $30.15 Million |
| CTT Systems AB (CTT) | $163.10 Million | 29.06% | 0.61x | $186.65 Million |
| GomSpace Group AB (GOMX) | $247.42 Million | -17.61% | 0.63x | $284.90 Million |
| MilDef Group AB (MILDEF) | $844.60 Million | 8.17% | 0.81x | $951.55 Million |
| OXE Marine AB (OXE) | $83.78 Million | -129.16% | 1.97x | $20.29 Million |
| W5 Solutions AB (W5) | $472.56 Million | 3.11% | 0.48x | $91.27 Million |
About Saab AB (publ)
Saab AB (publ) provides products, services, and solutions for military defense, aviation, and civil security markets in Sweden, the United States, the United Kingdom, Germany, Australia, and internationally. The company operates through Aeronautics, Dynamics, Surveillance, Kockums, and Combitech segments. The Aeronautics segment engages in the manufacture of aerial systems; development of militar… Read more