SSAB AB (publ) (SSAB-A) - Net Assets
Based on the latest financial reports, SSAB AB (publ) (SSAB-A) has net assets worth Skr67.82 Billion SEK (≈ $7.30 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 (Skr106.13 Billion ≈ $11.42 Billion USD) and total liabilities (Skr38.31 Billion ≈ $4.12 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. Also explore total assets of SSAB AB (publ) for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr67.82 Billion |
| % of Total Assets | 63.91% |
| Annual Growth Rate | 8.78% |
| 5-Year Change | -7.74% |
| 10-Year Change | 28.11% |
| Growth Volatility | 23.39 |
SSAB AB (publ) - Net Assets Trend (2002–2025)
This chart illustrates how SSAB AB (publ)'s net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see SSAB AB (publ) stock valuation.
Annual Net Assets for SSAB AB (publ) (2002–2025)
The table below shows the annual net assets of SSAB AB (publ) from 2002 to 2025. Explore cash efficiency ratio of SSAB AB (publ) to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr67.82 Billion ≈ $7.30 Billion |
-4.50% |
| 2024-12-31 | Skr71.02 Billion ≈ $7.64 Billion |
+4.51% |
| 2023-12-31 | Skr67.95 Billion ≈ $7.31 Billion |
+1.13% |
| 2022-12-31 | Skr67.19 Billion ≈ $7.23 Billion |
-8.59% |
| 2021-12-31 | Skr73.51 Billion ≈ $7.91 Billion |
+35.88% |
| 2020-12-31 | Skr54.10 Billion ≈ $5.82 Billion |
-10.46% |
| 2019-12-31 | Skr60.42 Billion ≈ $6.50 Billion |
+1.52% |
| 2018-12-31 | Skr59.52 Billion ≈ $6.40 Billion |
+11.67% |
| 2017-12-31 | Skr53.29 Billion ≈ $5.74 Billion |
+0.67% |
| 2016-12-31 | Skr52.94 Billion ≈ $5.70 Billion |
+19.12% |
| 2015-12-31 | Skr44.44 Billion ≈ $4.78 Billion |
+1.28% |
| 2014-12-31 | Skr43.88 Billion ≈ $4.72 Billion |
+61.62% |
| 2013-12-31 | Skr27.15 Billion ≈ $2.92 Billion |
-5.63% |
| 2012-12-31 | Skr28.77 Billion ≈ $3.10 Billion |
-6.50% |
| 2011-12-31 | Skr30.77 Billion ≈ $3.31 Billion |
+2.30% |
| 2010-12-31 | Skr30.08 Billion ≈ $3.24 Billion |
-2.99% |
| 2009-12-31 | Skr31.00 Billion ≈ $3.34 Billion |
-11.91% |
| 2008-12-31 | Skr35.19 Billion ≈ $3.79 Billion |
+20.75% |
| 2007-12-31 | Skr29.14 Billion ≈ $3.14 Billion |
+87.42% |
| 2006-12-31 | Skr15.55 Billion ≈ $1.67 Billion |
+8.26% |
| 2005-12-31 | Skr14.36 Billion ≈ $1.55 Billion |
+8.89% |
| 2004-12-31 | Skr13.19 Billion ≈ $1.42 Billion |
+31.50% |
| 2003-12-31 | Skr10.03 Billion ≈ $1.08 Billion |
+2.40% |
| 2002-12-31 | Skr9.80 Billion ≈ $1.05 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to SSAB 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 2488600000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr24.89 Billion | 36.71% |
| Common Stock | Skr9.06 Billion | 13.37% |
| Other Comprehensive Income | Skr10.81 Billion | 15.95% |
| Other Components | Skr23.02 Billion | 33.96% |
| Total Equity | Skr67.78 Billion | 100.00% |
SSAB AB (publ) Competitors by Market Cap
The table below lists competitors of SSAB AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Colbun
SN:COLBUN
|
$2.63 Billion |
|
Shyam Metalics and Energy Limited
NSE:SHYAMMETL
|
$2.63 Billion |
|
Double Medical Technology Inc
SHE:002901
|
$2.63 Billion |
|
Newmark Group Inc
NASDAQ:NMRK
|
$2.63 Billion |
|
Energi Mega Persada Tbk
JK:ENRG
|
$2.62 Billion |
|
Photronics Inc
NASDAQ:PLAB
|
$2.62 Billion |
|
Xinjiang Zhongtai Chemical Co Ltd
SHE:002092
|
$2.62 Billion |
|
Ermenegildo Zegna NV
NYSE:ZGN
|
$2.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SSAB AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 70,966,000,000 to 67,785,000,000, a change of -3,181,000,000 (-4.5%).
- Net income of 4,902,000,000 contributed positively to equity growth.
- Dividend payments of 2,591,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,586,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr4.90 Billion | +7.23% |
| Dividends Paid | Skr2.59 Billion | -3.82% |
| Other Comprehensive Income | Skr-5.59 Billion | -8.24% |
| Other Changes | Skr94.00 Million | +0.14% |
| Total Change | Skr- | -4.48% |
Book Value vs Market Value Analysis
This analysis compares SSAB 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: 1.21x
- 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 3.57x to 1.21x 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 | Skr23.11 | Skr82.44 | x |
| 2003-12-31 | Skr23.70 | Skr82.44 | x |
| 2004-12-31 | Skr27.82 | Skr82.44 | x |
| 2005-12-31 | Skr30.98 | Skr82.44 | x |
| 2006-12-31 | Skr34.22 | Skr82.44 | x |
| 2007-12-31 | Skr68.93 | Skr82.44 | x |
| 2008-12-31 | Skr76.46 | Skr82.44 | x |
| 2009-12-31 | Skr67.39 | Skr82.44 | x |
| 2010-12-31 | Skr65.30 | Skr82.44 | x |
| 2011-12-31 | Skr67.23 | Skr82.44 | x |
| 2012-12-31 | Skr62.86 | Skr82.44 | x |
| 2013-12-31 | Skr59.27 | Skr82.44 | x |
| 2014-12-31 | Skr73.90 | Skr82.44 | x |
| 2015-12-31 | Skr57.61 | Skr82.44 | x |
| 2016-12-31 | Skr66.55 | Skr82.44 | x |
| 2017-12-31 | Skr51.69 | Skr82.44 | x |
| 2018-12-31 | Skr57.72 | Skr82.44 | x |
| 2019-12-31 | Skr58.57 | Skr82.44 | x |
| 2020-12-31 | Skr52.42 | Skr82.44 | x |
| 2021-12-31 | Skr71.35 | Skr82.44 | x |
| 2022-12-31 | Skr65.18 | Skr82.44 | x |
| 2023-12-31 | Skr66.02 | Skr82.44 | x |
| 2024-12-31 | Skr71.21 | Skr82.44 | x |
| 2025-12-31 | Skr68.02 | Skr82.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SSAB 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): 7.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.09%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.57x
- Recent ROE (7.23%) is below the historical average (7.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 5.99% | 2.99% | 1.05x | 1.90x | Skr-386.40 Million |
| 2003 | 9.10% | 4.54% | 1.07x | 1.87x | Skr-89.00 Million |
| 2004 | 27.63% | 15.15% | 1.10x | 1.66x | Skr2.29 Billion |
| 2005 | 28.35% | 14.46% | 1.27x | 1.54x | Skr2.60 Billion |
| 2006 | 27.73% | 13.70% | 1.36x | 1.49x | Skr2.72 Billion |
| 2007 | 15.86% | 9.63% | 0.53x | 3.14x | Skr1.70 Billion |
| 2008 | 20.00% | 12.88% | 0.78x | 1.98x | Skr3.50 Billion |
| 2009 | -3.27% | -3.38% | 0.49x | 1.96x | Skr-4.09 Billion |
| 2010 | 2.01% | 1.50% | 0.65x | 2.04x | Skr-2.39 Billion |
| 2011 | 5.07% | 3.49% | 0.70x | 2.06x | Skr-1.52 Billion |
| 2012 | 0.05% | 0.04% | 0.66x | 2.04x | Skr-2.86 Billion |
| 2013 | -3.93% | -3.04% | 0.63x | 2.06x | Skr-3.78 Billion |
| 2014 | -3.19% | -2.93% | 0.53x | 2.05x | Skr-5.78 Billion |
| 2015 | -1.14% | -0.89% | 0.67x | 1.92x | Skr-4.95 Billion |
| 2016 | 1.77% | 1.69% | 0.61x | 1.72x | Skr-4.35 Billion |
| 2017 | 4.31% | 3.47% | 0.76x | 1.64x | Skr-3.03 Billion |
| 2018 | 5.97% | 4.74% | 0.81x | 1.56x | Skr-2.39 Billion |
| 2019 | 1.78% | 1.41% | 0.81x | 1.56x | Skr-4.96 Billion |
| 2020 | -0.91% | -0.75% | 0.74x | 1.64x | Skr-5.89 Billion |
| 2021 | 19.95% | 15.29% | 0.86x | 1.52x | Skr7.31 Billion |
| 2022 | -16.20% | -8.70% | 1.14x | 1.63x | Skr-17.59 Billion |
| 2023 | 19.20% | 10.90% | 1.11x | 1.59x | Skr6.24 Billion |
| 2024 | 18.36% | 12.60% | 0.93x | 1.56x | Skr5.93 Billion |
| 2025 | 7.23% | 5.09% | 0.91x | 1.57x | Skr-1.88 Billion |
Industry Comparison
This section compares SSAB AB (publ)'s net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $23,326,666,667
- Average return on equity (ROE) among peers: -2.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SSAB AB (publ) (SSAB-A) | Skr67.82 Billion | 5.99% | 0.56x | $2.63 Billion |
| Alleima AB (publ) (ALLEI) | $15.90 Billion | 9.24% | 0.47x | $2.21 Billion |
| BE Group AB (BEGR) | $785.00 Million | -21.53% | 1.50x | $53.44 Million |
| SSAB AB (publ) (SSAB-B) | $53.29 Billion | 4.31% | 0.64x | $6.28 Billion |
About SSAB AB (publ)
SSAB AB (publ) engages in the production and sale of steel products in Sweden, Finland, Germany, Poland, Denmark, Asia, the Rest of Europe, the United States, and internationally. It operates through five segments: SSAB Special Steels, SSAB Europe, SSAB Americas, Tibnor, and Ruukki Construction. The SSAB Special Steels segment offers quenched and tempered steels, and advanced high-strength steel … Read more