AB SKF (publ) (SKF-A) - Net Assets
Based on the latest financial reports, AB SKF (publ) (SKF-A) has net assets worth Skr59.17 Billion SEK (≈ $6.37 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr111.36 Billion ≈ $11.98 Billion USD) and total liabilities (Skr52.19 Billion ≈ $5.62 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 SKF-A tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr59.17 Billion |
| % of Total Assets | 53.14% |
| Annual Growth Rate | 5.56% |
| 5-Year Change | 22.71% |
| 10-Year Change | 101.09% |
| Growth Volatility | 10.09 |
AB SKF (publ) - Net Assets Trend (1996–2025)
This chart illustrates how AB SKF (publ)'s net assets have evolved over time, based on quarterly financial data. See AB SKF (publ) (SKF-A) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for AB SKF (publ) (1996–2025)
The table below shows the annual net assets of AB SKF (publ) from 1996 to 2025. For live valuation and market cap data, see AB SKF (publ) stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr55.67 Billion ≈ $5.99 Billion |
-10.17% |
| 2024-12-31 | Skr61.97 Billion ≈ $6.67 Billion |
+12.76% |
| 2023-12-31 | Skr54.96 Billion ≈ $5.91 Billion |
+1.69% |
| 2022-12-31 | Skr54.04 Billion ≈ $5.82 Billion |
+19.13% |
| 2021-12-31 | Skr45.37 Billion ≈ $4.88 Billion |
+27.03% |
| 2020-12-31 | Skr35.71 Billion ≈ $3.84 Billion |
-4.43% |
| 2019-12-31 | Skr37.37 Billion ≈ $4.02 Billion |
+5.40% |
| 2018-12-31 | Skr35.45 Billion ≈ $3.82 Billion |
+18.87% |
| 2017-12-31 | Skr29.82 Billion ≈ $3.21 Billion |
+7.73% |
| 2016-12-31 | Skr27.68 Billion ≈ $2.98 Billion |
+5.33% |
| 2015-12-31 | Skr26.28 Billion ≈ $2.83 Billion |
+7.70% |
| 2014-12-31 | Skr24.40 Billion ≈ $2.63 Billion |
+15.37% |
| 2013-12-31 | Skr21.15 Billion ≈ $2.28 Billion |
-5.86% |
| 2012-12-31 | Skr22.47 Billion ≈ $2.42 Billion |
+0.06% |
| 2011-12-31 | Skr22.45 Billion ≈ $2.42 Billion |
+12.87% |
| 2010-12-31 | Skr19.89 Billion ≈ $2.14 Billion |
+8.83% |
| 2009-12-31 | Skr18.28 Billion ≈ $1.97 Billion |
-11.25% |
| 2008-12-31 | Skr20.60 Billion ≈ $2.22 Billion |
+12.22% |
| 2007-12-31 | Skr18.36 Billion ≈ $1.98 Billion |
-6.39% |
| 2006-12-31 | Skr19.61 Billion ≈ $2.11 Billion |
+7.54% |
| 2005-12-31 | Skr18.23 Billion ≈ $1.96 Billion |
+6.72% |
| 2004-12-31 | Skr17.09 Billion ≈ $1.84 Billion |
+9.08% |
| 2003-12-31 | Skr15.66 Billion ≈ $1.69 Billion |
-4.29% |
| 2002-12-31 | Skr16.36 Billion ≈ $1.76 Billion |
-2.68% |
| 2001-12-31 | Skr16.82 Billion ≈ $1.81 Billion |
+19.59% |
| 2000-12-31 | Skr14.06 Billion ≈ $1.51 Billion |
+19.52% |
| 1999-12-31 | Skr11.77 Billion ≈ $1.27 Billion |
+4.12% |
| 1998-12-31 | Skr11.30 Billion ≈ $1.22 Billion |
-12.26% |
| 1997-12-31 | Skr12.88 Billion ≈ $1.39 Billion |
+11.04% |
| 1996-12-31 | Skr11.60 Billion ≈ $1.25 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to AB SKF (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 5387800000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr53.88 Billion | 100.60% |
| Common Stock | Skr1.14 Billion | 2.12% |
| Other Comprehensive Income | Skr-2.02 Billion | -3.78% |
| Other Components | Skr564.00 Million | 1.05% |
| Total Equity | Skr53.56 Billion | 100.00% |
AB SKF (publ) Competitors by Market Cap
The table below lists competitors of AB SKF (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inventiva S.A
PA:IVA
|
$761.06 Million |
|
GCI Liberty, Inc.
NASDAQ:GLIBK
|
$761.16 Million |
|
Dalian Sunasia Tourism Holding Co Ltd
SHG:600593
|
$761.43 Million |
|
CareRay Digital Medical Technology Co Ltd
SHG:688607
|
$761.51 Million |
|
Dilip Buildcon Limited
NSE:DBL
|
$760.86 Million |
|
Kvutzat Acro Ltd.
TA:ACRO
|
$760.85 Million |
|
Resurs Holding AB
ST:RESURS
|
$760.84 Million |
|
ZheJiang RIFA Digital Precision Machinery Co Ltd
SHE:002520
|
$760.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB SKF (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 59,649,000,000 to 53,558,000,000, a change of -6,091,000,000 (-10.2%).
- Net income of 3,927,000,000 contributed positively to equity growth.
- Dividend payments of 3,613,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 7,113,000,000.
- Other factors increased equity by 708,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr3.93 Billion | +7.33% |
| Dividends Paid | Skr3.61 Billion | -6.75% |
| Other Comprehensive Income | Skr-7.11 Billion | -13.28% |
| Other Changes | Skr708.00 Million | +1.32% |
| Total Change | Skr- | -10.21% |
Book Value vs Market Value Analysis
This analysis compares AB SKF (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: 2.08x
- 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 10.36x to 2.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | Skr23.61 | Skr244.50 | x |
| 1997-12-31 | Skr26.97 | Skr244.50 | x |
| 1998-12-31 | Skr23.20 | Skr244.50 | x |
| 1999-12-31 | Skr24.96 | Skr244.50 | x |
| 2000-12-31 | Skr29.85 | Skr244.50 | x |
| 2001-12-31 | Skr34.33 | Skr244.50 | x |
| 2002-12-31 | Skr35.94 | Skr244.50 | x |
| 2003-12-31 | Skr33.27 | Skr244.50 | x |
| 2004-12-31 | Skr36.33 | Skr244.50 | x |
| 2005-12-31 | Skr37.24 | Skr244.50 | x |
| 2006-12-31 | Skr40.14 | Skr244.50 | x |
| 2007-12-31 | Skr36.85 | Skr244.50 | x |
| 2008-12-31 | Skr41.07 | Skr244.50 | x |
| 2009-12-31 | Skr38.24 | Skr244.50 | x |
| 2010-12-31 | Skr41.58 | Skr244.50 | x |
| 2011-12-31 | Skr47.08 | Skr244.50 | x |
| 2012-12-31 | Skr46.83 | Skr244.50 | x |
| 2013-12-31 | Skr44.14 | Skr244.50 | x |
| 2014-12-31 | Skr50.71 | Skr244.50 | x |
| 2015-12-31 | Skr54.50 | Skr244.50 | x |
| 2016-12-31 | Skr57.15 | Skr244.50 | x |
| 2017-12-31 | Skr61.54 | Skr244.50 | x |
| 2018-12-31 | Skr73.54 | Skr244.50 | x |
| 2019-12-31 | Skr77.90 | Skr244.50 | x |
| 2020-12-31 | Skr75.29 | Skr244.50 | x |
| 2021-12-31 | Skr95.85 | Skr244.50 | x |
| 2022-12-31 | Skr114.04 | Skr244.50 | x |
| 2023-12-31 | Skr115.83 | Skr244.50 | x |
| 2024-12-31 | Skr131.00 | Skr244.50 | x |
| 2025-12-31 | Skr117.62 | Skr244.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB SKF (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): 7.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.29%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.99x
- Recent ROE (7.33%) is below the historical average (15.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 15.35% | 5.04% | 0.99x | 3.07x | Skr589.80 Million |
| 1997 | 12.38% | 4.22% | 0.96x | 3.05x | Skr299.20 Million |
| 1998 | -15.54% | -4.36% | 0.97x | 3.69x | Skr-2.70 Billion |
| 1999 | 9.77% | 3.03% | 1.05x | 3.06x | Skr-25.70 Million |
| 2000 | 14.43% | 4.92% | 1.05x | 2.78x | Skr602.60 Million |
| 2001 | 14.14% | 5.10% | 1.06x | 2.62x | Skr647.70 Million |
| 2002 | 15.20% | 5.86% | 1.09x | 2.38x | Skr850.50 Million |
| 2003 | 13.82% | 5.06% | 1.14x | 2.40x | Skr578.60 Million |
| 2004 | 18.15% | 6.71% | 1.29x | 2.10x | Skr1.35 Billion |
| 2005 | 21.19% | 7.32% | 1.22x | 2.37x | Skr1.90 Billion |
| 2006 | 24.17% | 8.35% | 1.15x | 2.52x | Skr2.60 Billion |
| 2007 | 28.34% | 8.14% | 1.26x | 2.75x | Skr3.09 Billion |
| 2008 | 25.33% | 7.48% | 1.13x | 3.01x | Skr2.87 Billion |
| 2009 | 9.79% | 3.03% | 1.10x | 2.93x | Skr-36.10 Million |
| 2010 | 27.97% | 8.68% | 1.11x | 2.92x | Skr3.40 Billion |
| 2011 | 29.04% | 9.40% | 1.12x | 2.77x | Skr4.08 Billion |
| 2012 | 22.14% | 7.32% | 1.06x | 2.85x | Skr2.59 Billion |
| 2013 | 4.54% | 1.43% | 0.90x | 3.53x | Skr-1.10 Billion |
| 2014 | 19.92% | 6.48% | 0.87x | 3.54x | Skr2.29 Billion |
| 2015 | 15.64% | 5.11% | 0.95x | 3.21x | Skr1.40 Billion |
| 2016 | 15.31% | 5.47% | 0.87x | 3.22x | Skr1.38 Billion |
| 2017 | 19.53% | 7.02% | 0.96x | 2.90x | Skr2.67 Billion |
| 2018 | 21.72% | 8.50% | 0.98x | 2.60x | Skr3.93 Billion |
| 2019 | 15.65% | 6.46% | 0.91x | 2.65x | Skr2.01 Billion |
| 2020 | 12.53% | 5.74% | 0.83x | 2.64x | Skr867.10 Million |
| 2021 | 16.80% | 8.97% | 0.82x | 2.28x | Skr2.97 Billion |
| 2022 | 8.61% | 4.61% | 0.87x | 2.14x | Skr-723.70 Million |
| 2023 | 12.12% | 6.16% | 0.93x | 2.12x | Skr1.12 Billion |
| 2024 | 10.85% | 6.56% | 0.83x | 2.00x | Skr509.10 Million |
| 2025 | 7.33% | 4.29% | 0.86x | 1.99x | Skr-1.43 Billion |
Industry Comparison
This section compares AB SKF (publ)'s net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $15,496,666,667
- Average return on equity (ROE) among peers: 13.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB SKF (publ) (SKF-A) | Skr59.17 Billion | 15.35% | 0.88x | $760.90 Million |
| Husqvarna AB (publ) (HUSQ-A) | $16.01 Billion | 7.57% | 1.41x | $470.16 Million |
| Husqvarna AB (publ) (HUSQ-B) | $12.13 Billion | 7.45% | 1.49x | $2.02 Billion |
| AB SKF (publ) (SKF-B) | $18.36 Billion | 25.97% | 1.52x | $11.21 Billion |
About AB SKF (publ)
AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators… Read more