Systemair AB
Systemair AB (publ), together with its subsidiaries, manufactures and sells of ventilation, heating and cooling products, and systems in Europe, North America, the Middle East, Asia, Australia, and Africa. The company offers duct, roof, axial, domestic, centrifugal, ceiling, and jet fans; electrical accessories, including cable and controller parts, controllers, enclosures/boxes/frames, motor pro… Read more
Systemair AB (SYSR) - Net Assets
Latest net assets as of October 2025: Skr5.84 Billion SEK
Based on the latest financial reports, Systemair AB (SYSR) has net assets worth Skr5.84 Billion SEK as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr9.99 Billion) and total liabilities (Skr4.15 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 | Skr5.84 Billion |
| % of Total Assets | 58.46% |
| Annual Growth Rate | 12.9% |
| 5-Year Change | 73.21% |
| 10-Year Change | 173.61% |
| Growth Volatility | 10.88 |
Systemair AB - Net Assets Trend (2002–2025)
This chart illustrates how Systemair AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Systemair AB (2002–2025)
The table below shows the annual net assets of Systemair AB from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | Skr5.77 Billion | +2.02% |
| 2024-04-30 | Skr5.65 Billion | +7.23% |
| 2023-04-30 | Skr5.27 Billion | +36.82% |
| 2022-04-30 | Skr3.85 Billion | +15.72% |
| 2021-04-30 | Skr3.33 Billion | +7.96% |
| 2020-04-30 | Skr3.08 Billion | +8.65% |
| 2019-04-30 | Skr2.84 Billion | +8.35% |
| 2018-04-30 | Skr2.62 Billion | +10.04% |
| 2017-04-30 | Skr2.38 Billion | +12.95% |
| 2016-04-30 | Skr2.11 Billion | +1.25% |
| 2015-04-30 | Skr2.08 Billion | +10.70% |
| 2014-04-30 | Skr1.88 Billion | +19.35% |
| 2013-04-30 | Skr1.58 Billion | +12.64% |
| 2012-04-30 | Skr1.40 Billion | +10.32% |
| 2011-04-30 | Skr1.27 Billion | +8.61% |
| 2010-04-30 | Skr1.17 Billion | +12.21% |
| 2009-04-30 | Skr1.04 Billion | +28.72% |
| 2008-04-30 | Skr808.40 Million | +25.74% |
| 2007-04-30 | Skr642.90 Million | -6.53% |
| 2006-04-30 | Skr687.80 Million | +39.68% |
| 2005-04-30 | Skr492.40 Million | +23.12% |
| 2004-04-30 | Skr399.93 Million | +3.26% |
| 2003-04-30 | Skr387.32 Million | +9.39% |
| 2002-04-30 | Skr354.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Systemair 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 grown by 14868.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr5.26 Billion | 91.36% |
| Common Stock | Skr52.00 Million | 0.90% |
| Other Comprehensive Income | Skr433.30 Million | 7.52% |
| Other Components | Skr12.40 Million | 0.22% |
| Total Equity | Skr5.76 Billion | 100.00% |
Systemair AB Competitors by Market Cap
The table below lists competitors of Systemair AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Basler Kantonalbank
SW:BSKP
|
$595.92 Million |
|
Engineers India Limited
NSE:ENGINERSIN
|
$595.97 Million |
|
Changchun Faway Automobile Components Co Ltd
SHG:600742
|
$596.17 Million |
|
Guangdong Homa Appliances Co Ltd
SHE:002668
|
$596.26 Million |
|
Insteel Industries Inc
NYSE:IIIN
|
$595.74 Million |
|
Yokogawa Bridge Holdings Corp.
PINK:YGWAF
|
$595.62 Million |
|
Emei Shan Tourism Co Ltd
SHE:000888
|
$595.56 Million |
|
Hubei Century Network Technology Co Ltd
SHE:300494
|
$595.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Systemair AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,645,500,000 to 5,760,300,000, a change of 114,800,000 (2.0%).
- Net income of 680,700,000 contributed positively to equity growth.
- Dividend payments of 249,600,000 reduced retained earnings.
- Share repurchases of 400,000 reduced equity.
- Other comprehensive income decreased equity by 278,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr680.70 Million | +11.82% |
| Dividends Paid | Skr249.60 Million | -4.33% |
| Share Repurchases | Skr400.00K | -0.01% |
| Other Comprehensive Income | Skr-278.60 Million | -4.84% |
| Other Changes | Skr-36.90 Million | -0.64% |
| Total Change | Skr- | 2.03% |
Book Value vs Market Value Analysis
This analysis compares Systemair 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: 2.52x
- 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 41.39x to 2.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-04-30 | Skr1.69 | Skr69.80 | x |
| 2003-04-30 | Skr1.86 | Skr69.80 | x |
| 2004-04-30 | Skr1.91 | Skr69.80 | x |
| 2005-04-30 | Skr2.44 | Skr69.80 | x |
| 2006-04-30 | Skr3.37 | Skr69.80 | x |
| 2007-04-30 | Skr3.05 | Skr69.80 | x |
| 2008-04-30 | Skr3.74 | Skr69.80 | x |
| 2009-04-30 | Skr4.83 | Skr69.80 | x |
| 2010-04-30 | Skr5.54 | Skr69.80 | x |
| 2011-04-30 | Skr6.10 | Skr69.80 | x |
| 2012-04-30 | Skr6.73 | Skr69.80 | x |
| 2013-04-30 | Skr7.58 | Skr69.80 | x |
| 2014-04-30 | Skr9.04 | Skr69.80 | x |
| 2015-04-30 | Skr10.01 | Skr69.80 | x |
| 2016-04-30 | Skr10.14 | Skr69.80 | x |
| 2017-04-30 | Skr11.45 | Skr69.80 | x |
| 2018-04-30 | Skr12.60 | Skr69.80 | x |
| 2019-04-30 | Skr13.65 | Skr69.80 | x |
| 2020-04-30 | Skr14.73 | Skr69.80 | x |
| 2021-04-30 | Skr15.89 | Skr69.80 | x |
| 2022-04-30 | Skr18.34 | Skr69.80 | x |
| 2023-04-30 | Skr25.31 | Skr69.80 | x |
| 2024-04-30 | Skr27.13 | Skr69.80 | x |
| 2025-04-30 | Skr27.67 | Skr69.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Systemair 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): 11.82%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.53%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.63x
- Recent ROE (11.82%) is below the historical average (16.53%), 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 | 10.09% | 2.21% | 1.33x | 3.44x | Skr307.00K |
| 2003 | 9.88% | 2.25% | 1.47x | 3.00x | Skr-471.60K |
| 2004 | 4.65% | 1.07% | 1.38x | 3.14x | Skr-21.13 Million |
| 2005 | 19.95% | 5.13% | 1.43x | 2.73x | Skr48.47 Million |
| 2006 | 24.86% | 7.30% | 1.54x | 2.21x | Skr101.31 Million |
| 2007 | 40.11% | 9.50% | 1.41x | 3.00x | Skr190.08 Million |
| 2008 | 31.88% | 8.02% | 1.43x | 2.79x | Skr170.22 Million |
| 2009 | 23.67% | 7.13% | 1.39x | 2.39x | Skr137.24 Million |
| 2010 | 16.63% | 5.95% | 1.35x | 2.07x | Skr76.34 Million |
| 2011 | 21.68% | 7.93% | 1.33x | 2.06x | Skr148.08 Million |
| 2012 | 15.40% | 5.39% | 1.29x | 2.22x | Skr75.50 Million |
| 2013 | 15.29% | 5.30% | 1.17x | 2.46x | Skr83.40 Million |
| 2014 | 23.32% | 8.28% | 1.33x | 2.12x | Skr250.61 Million |
| 2015 | 14.88% | 5.27% | 1.25x | 2.25x | Skr101.58 Million |
| 2016 | 9.83% | 3.39% | 1.27x | 2.28x | Skr-3.62 Million |
| 2017 | 12.35% | 4.29% | 1.28x | 2.25x | Skr56.07 Million |
| 2018 | 8.80% | 3.16% | 1.18x | 2.36x | Skr-31.53 Million |
| 2019 | 11.35% | 3.87% | 1.22x | 2.40x | Skr38.38 Million |
| 2020 | 12.45% | 4.28% | 1.26x | 2.32x | Skr75.02 Million |
| 2021 | 12.29% | 4.77% | 1.22x | 2.10x | Skr75.70 Million |
| 2022 | 14.26% | 5.65% | 1.14x | 2.22x | Skr162.39 Million |
| 2023 | 19.74% | 8.62% | 1.25x | 1.83x | Skr513.03 Million |
| 2024 | 11.44% | 5.27% | 1.25x | 1.73x | Skr81.05 Million |
| 2025 | 11.82% | 5.53% | 1.31x | 1.63x | Skr104.67 Million |
Industry Comparison
This section compares Systemair AB's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $1,832,081,590
- Average return on equity (ROE) among peers: -4.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Systemair AB (SYSR) | Skr5.84 Billion | 10.09% | 0.71x | $595.84 Million |
| ABAS Protect AB (ABAS) | $5.23 Million | 2.08% | 5.18x | $6.17K |
| Concejo AB (publ) (CNCJO-B) | $735.10 Million | -6.31% | 0.43x | $9.05 Million |
| Ecoclime Group AB Series B (ECC-B) | $68.87 Million | 9.90% | 0.39x | $457.44K |
| ES Energy Save Holding AB (ESGR-B) | $14.72 Million | -30.81% | 1.82x | $3.63 Million |
| Firefly AB (publ) (FIRE) | $49.57 Million | 26.70% | 1.68x | $42.31 Million |
| FM Mattsson Mora Group AB (publ) (FMM-B) | $483.15 Million | 14.77% | 0.98x | $182.97 Million |
| Inwido AB (INWI) | $13.87 Billion | 0.00% | 1.65x | $710.69 Million |
| Lindab International AB (LIAB) | $1.31 Billion | 0.00% | 1.50x | $928.43 Million |
| Nordic Waterproofing Holding AB (publ) (NWG) | $1.78 Billion | 11.93% | 1.05x | $66.57 Million |
| PolyPlank publ AB (POLY) | $10.57 Million | -69.54% | 1.81x | $843.62K |