AB Sagax (publ) (SAGA-A) - Net Assets
Based on the latest financial reports, AB Sagax (publ) (SAGA-A) has net assets worth Skr41.35 Billion SEK as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr86.61 Billion) and total liabilities (Skr45.26 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr41.35 Billion |
| % of Total Assets | 47.74% |
| Annual Growth Rate | 24.31% |
| 5-Year Change | 86.19% |
| 10-Year Change | 598.93% |
| Growth Volatility | 20.74 |
AB Sagax (publ) - Net Assets Trend (2006–2024)
This chart illustrates how AB Sagax (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AB Sagax (publ) (2006–2024)
The table below shows the annual net assets of AB Sagax (publ) from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr41.80 Billion | +14.28% |
| 2023-12-31 | Skr36.58 Billion | +9.31% |
| 2022-12-31 | Skr33.46 Billion | +7.67% |
| 2021-12-31 | Skr31.08 Billion | +38.42% |
| 2020-12-31 | Skr22.45 Billion | +16.59% |
| 2019-12-31 | Skr19.26 Billion | +24.92% |
| 2018-12-31 | Skr15.42 Billion | +35.75% |
| 2017-12-31 | Skr11.36 Billion | +30.39% |
| 2016-12-31 | Skr8.71 Billion | +45.61% |
| 2015-12-31 | Skr5.98 Billion | +31.62% |
| 2014-12-31 | Skr4.54 Billion | +22.05% |
| 2013-12-31 | Skr3.72 Billion | +33.24% |
| 2012-12-31 | Skr2.79 Billion | +25.69% |
| 2011-12-31 | Skr2.22 Billion | +0.80% |
| 2010-12-31 | Skr2.21 Billion | +59.64% |
| 2009-12-31 | Skr1.38 Billion | +9.53% |
| 2008-12-31 | Skr1.26 Billion | -13.93% |
| 2007-12-31 | Skr1.47 Billion | +76.15% |
| 2006-12-31 | Skr832.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AB Sagax (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 7966.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr28.62 Billion | 69.91% |
| Common Stock | Skr817.00 Million | 2.00% |
| Other Comprehensive Income | Skr1.57 Billion | 3.83% |
| Other Components | Skr9.94 Billion | 24.27% |
| Total Equity | Skr40.94 Billion | 100.00% |
AB Sagax (publ) Competitors by Market Cap
The table below lists competitors of AB Sagax (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SHIZUOKA GAS CO. LTD.
F:1KS
|
$553.84 Million |
|
Hailun Piano Co Ltd
SHE:300329
|
$553.97 Million |
|
Beijing Deep Glint Technology Co. Ltd. A
SHG:688207
|
$554.04 Million |
|
Tectonic Therapeutic, Inc.
NASDAQ:TECX
|
$554.10 Million |
|
34Q0
F:34Q0
|
$553.77 Million |
|
Dongjiang Environmental Co Ltd
SHE:002672
|
$553.63 Million |
|
MEIRAGTX HLDGSDL-0000388
F:328
|
$553.57 Million |
|
Mystate Ltd
AU:MYS
|
$553.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB Sagax (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 36,578,000,000 to 40,941,000,000, a change of 4,363,000,000 (11.9%).
- Net income of 5,255,000,000 contributed positively to equity growth.
- Dividend payments of 1,301,000,000 reduced retained earnings.
- Share repurchases of 15,000,000 reduced equity.
- New share issuances of 15,000,000 increased equity.
- Other comprehensive income increased equity by 391,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr5.25 Billion | +12.84% |
| Dividends Paid | Skr1.30 Billion | -3.18% |
| Share Repurchases | Skr15.00 Million | -0.04% |
| Share Issuances | Skr15.00 Million | +0.04% |
| Other Comprehensive Income | Skr391.00 Million | +0.96% |
| Other Changes | Skr18.00 Million | +0.04% |
| Total Change | Skr- | 11.93% |
Book Value vs Market Value Analysis
This analysis compares AB Sagax (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: 1.61x
- 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 64.54x to 1.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | Skr3.01 | Skr194.50 | x |
| 2007-12-31 | Skr5.22 | Skr194.50 | x |
| 2008-12-31 | Skr4.51 | Skr194.50 | x |
| 2009-12-31 | Skr4.92 | Skr194.50 | x |
| 2010-12-31 | Skr7.67 | Skr194.50 | x |
| 2011-12-31 | Skr7.54 | Skr194.50 | x |
| 2012-12-31 | Skr9.48 | Skr194.50 | x |
| 2013-12-31 | Skr12.09 | Skr194.50 | x |
| 2014-12-31 | Skr14.33 | Skr194.50 | x |
| 2015-12-31 | Skr18.49 | Skr194.50 | x |
| 2016-12-31 | Skr26.96 | Skr194.50 | x |
| 2017-12-31 | Skr28.16 | Skr194.50 | x |
| 2018-12-31 | Skr36.82 | Skr194.50 | x |
| 2019-12-31 | Skr45.42 | Skr194.50 | x |
| 2020-12-31 | Skr51.48 | Skr194.50 | x |
| 2021-12-31 | Skr69.97 | Skr194.50 | x |
| 2022-12-31 | Skr105.13 | Skr194.50 | x |
| 2023-12-31 | Skr81.03 | Skr194.50 | x |
| 2024-12-31 | Skr120.95 | Skr194.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB Sagax (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): 12.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 103.79%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.05x
- Recent ROE (12.84%) is below the historical average (16.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 22.24% | 75.51% | 0.07x | 4.26x | Skr101.80 Million |
| 2007 | 38.62% | 159.21% | 0.06x | 3.88x | Skr419.44 Million |
| 2008 | -14.39% | -36.94% | 0.08x | 5.14x | Skr-307.64 Million |
| 2009 | 2.44% | 5.95% | 0.08x | 5.01x | Skr-104.46 Million |
| 2010 | 22.29% | 76.30% | 0.08x | 3.82x | Skr271.14 Million |
| 2011 | 5.48% | 15.56% | 0.08x | 4.31x | Skr-100.42 Million |
| 2012 | 13.30% | 45.10% | 0.08x | 3.63x | Skr92.27 Million |
| 2013 | 20.87% | 84.55% | 0.08x | 3.14x | Skr404.70 Million |
| 2014 | 16.44% | 68.34% | 0.08x | 3.16x | Skr292.60 Million |
| 2015 | 28.11% | 130.21% | 0.07x | 2.98x | Skr1.08 Billion |
| 2016 | 28.17% | 156.94% | 0.07x | 2.65x | Skr1.58 Billion |
| 2017 | 26.11% | 158.56% | 0.07x | 2.40x | Skr1.83 Billion |
| 2018 | 20.54% | 140.90% | 0.07x | 2.19x | Skr1.62 Billion |
| 2019 | 21.35% | 159.28% | 0.06x | 2.09x | Skr2.19 Billion |
| 2020 | 16.53% | 127.61% | 0.06x | 2.08x | Skr1.47 Billion |
| 2021 | 31.56% | 314.02% | 0.05x | 2.01x | Skr6.70 Billion |
| 2022 | 8.12% | 72.93% | 0.05x | 2.15x | Skr-628.30 Million |
| 2023 | -0.04% | -0.30% | 0.06x | 2.01x | Skr-3.67 Billion |
| 2024 | 12.84% | 103.79% | 0.06x | 2.05x | Skr1.16 Billion |
Industry Comparison
This section compares AB Sagax (publ)'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $2,546,065,100
- Average return on equity (ROE) among peers: 6.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB Sagax (publ) (SAGA-A) | Skr41.35 Billion | 22.24% | 1.09x | $553.81 Million |
| Annehem Fastigheter AB (ANNE-B) | $2.50 Billion | 8.29% | 0.87x | $153.57 Million |
| Bonasudden Holding AB (BONAS) | $585.85 Million | 4.91% | 1.63x | $29.83 Million |
| Brinova Fastigheter AB (publ) (BRIN-B) | $579.30 Million | 11.32% | 2.45x | $276.76 Million |
| Eastnine AB (publ) (EAST) | $467.90 Million | 8.92% | 1.20x | $511.37 Million |
| Fastighetsbolaget Emilshus AB (EMIL-B) | $5.13 Billion | 10.21% | 1.47x | $728.05 Million |
| Fabege AB (FABG) | $11.28 Billion | 15.05% | 1.60x | $2.74 Billion |
| Fastator AB (FASTAT) | $581.49 Million | 8.83% | 0.49x | $2.89 Million |
| Fleming Properties AB (FLMNG) | $55.22 Million | -5.08% | 1.50x | $38.03 Million |
| Fortinova Fastigheter AB Series B (FNOVA-B) | $551.80 Million | 0.00% | 1.88x | $138.56 Million |
| Genova Property Group AB (GPG) | $3.73 Billion | 6.25% | 2.46x | $203.73 Million |
About AB Sagax (publ)
AB Sagax (publ), a property company, owns and manages a property portfolio in Sweden, Finland, France, Benelux, Spain, Germany, and other European countries. The company invests in commercial properties primarily in the warehouse and light industrial segments. It also engages in the financial administration and asset management activities. The company was incorporated in 1995 and is headquartered… Read more