TagMaster AB Series B (TAGM-B) - Net Assets
Based on the latest financial reports, TagMaster AB Series B (TAGM-B) has net assets worth Skr263.74 Million SEK (≈ $28.38 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr477.02 Million ≈ $51.34 Million USD) and total liabilities (Skr213.28 Million ≈ $22.95 Million 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 TagMaster AB Series B asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr263.74 Million |
| % of Total Assets | 55.29% |
| Annual Growth Rate | 18.41% |
| 5-Year Change | 31.91% |
| 10-Year Change | 477.03% |
| Growth Volatility | 69.02 |
TagMaster AB Series B - Net Assets Trend (2008–2025)
This chart illustrates how TagMaster AB Series B's net assets have evolved over time, based on quarterly financial data. Also explore TAGM-B total assets for the complete picture of this company's asset base.
Annual Net Assets for TagMaster AB Series B (2008–2025)
The table below shows the annual net assets of TagMaster AB Series B from 2008 to 2025. For live valuation and market cap data, see TAGM-B stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr263.74 Million ≈ $28.38 Million |
-7.86% |
| 2024-12-31 | Skr286.25 Million ≈ $30.81 Million |
+10.40% |
| 2023-12-31 | Skr259.29 Million ≈ $27.90 Million |
+2.80% |
| 2022-12-31 | Skr252.23 Million ≈ $27.14 Million |
+26.15% |
| 2021-12-31 | Skr199.94 Million ≈ $21.52 Million |
+12.48% |
| 2020-12-31 | Skr177.76 Million ≈ $19.13 Million |
-10.72% |
| 2019-12-31 | Skr199.10 Million ≈ $21.43 Million |
+89.02% |
| 2018-12-31 | Skr105.33 Million ≈ $11.34 Million |
+8.89% |
| 2017-12-31 | Skr96.73 Million ≈ $10.41 Million |
+111.63% |
| 2016-12-31 | Skr45.71 Million ≈ $4.92 Million |
+3.74% |
| 2015-12-31 | Skr44.06 Million ≈ $4.74 Million |
+226.53% |
| 2014-12-31 | Skr13.49 Million ≈ $1.45 Million |
+140.86% |
| 2013-12-31 | Skr5.60 Million ≈ $602.86K |
+36.97% |
| 2012-12-31 | Skr4.09 Million ≈ $440.15K |
-33.17% |
| 2011-12-31 | Skr6.12 Million ≈ $658.61K |
-37.03% |
| 2010-12-31 | Skr9.72 Million ≈ $1.05 Million |
+19.88% |
| 2009-12-31 | Skr8.11 Million ≈ $872.44K |
-45.65% |
| 2008-12-31 | Skr14.92 Million ≈ $1.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to TagMaster AB Series B'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 4555900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr12.64 Million | 4.79% |
| Common Stock | Skr18.31 Million | 6.94% |
| Other Comprehensive Income | Skr-8.66 Million | -3.29% |
| Other Components | Skr241.46 Million | 91.55% |
| Total Equity | Skr263.74 Million | 100.00% |
TagMaster AB Series B Competitors by Market Cap
The table below lists competitors of TagMaster AB Series B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENERGY S.P.A.
F:S2I
|
$47.29 Million |
|
Jourdeness Group Ltd
TW:4190
|
$47.29 Million |
|
Idex ASA
OL:IDEX
|
$47.31 Million |
|
Korea Ind
KO:002140
|
$47.32 Million |
|
OptimumBank Holdings, Inc.
NASDAQ:OPHC
|
$47.29 Million |
|
Eternit S.A
SA:ETER3
|
$47.27 Million |
|
Bangkok Ranch PCL
BK:BR
|
$47.26 Million |
|
Airtime Partecipazioni SpA
PA:ALMEX
|
$47.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TagMaster AB Series B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 286,251,000 to 263,744,000, a change of -22,507,000 (-7.9%).
- Net income of 22,546,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 45,218,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr22.55 Million | +8.55% |
| Other Comprehensive Income | Skr-45.22 Million | -17.15% |
| Other Changes | Skr166.00K | +0.06% |
| Total Change | Skr- | -7.86% |
Book Value vs Market Value Analysis
This analysis compares TagMaster AB Series B'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: 1.67x
- 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 4.29x to 1.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr6.99 | Skr30.00 | x |
| 2009-12-31 | Skr3.11 | Skr30.00 | x |
| 2010-12-31 | Skr3.02 | Skr30.00 | x |
| 2011-12-31 | Skr1.38 | Skr30.00 | x |
| 2012-12-31 | Skr0.72 | Skr30.00 | x |
| 2013-12-31 | Skr0.95 | Skr30.00 | x |
| 2014-12-31 | Skr2.28 | Skr30.00 | x |
| 2015-12-31 | Skr5.51 | Skr30.00 | x |
| 2016-12-31 | Skr6.15 | Skr30.00 | x |
| 2017-12-31 | Skr11.65 | Skr30.00 | x |
| 2018-12-31 | Skr11.80 | Skr30.00 | x |
| 2019-12-31 | Skr16.90 | Skr30.00 | x |
| 2020-12-31 | Skr12.14 | Skr30.00 | x |
| 2021-12-31 | Skr13.65 | Skr30.00 | x |
| 2022-12-31 | Skr17.22 | Skr30.00 | x |
| 2023-12-31 | Skr17.70 | Skr30.00 | x |
| 2024-12-31 | Skr19.54 | Skr30.00 | x |
| 2025-12-31 | Skr18.01 | Skr30.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TagMaster AB Series B 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): 8.55%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.67%
- • Asset Turnover: 1.01x
- • Equity Multiplier: 1.81x
- Recent ROE (8.55%) is above the historical average (-21.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -16.30% | -4.56% | 2.30x | 1.55x | Skr-3.92 Million |
| 2009 | -120.97% | -23.14% | 1.82x | 2.87x | Skr-10.62 Million |
| 2010 | 12.36% | 2.48% | 2.20x | 2.26x | Skr229.10K |
| 2011 | -227.03% | -40.48% | 1.49x | 3.75x | Skr-14.51 Million |
| 2012 | -133.64% | -13.78% | 2.50x | 3.88x | Skr-5.88 Million |
| 2013 | 26.99% | 3.00% | 2.47x | 3.64x | Skr951.80K |
| 2014 | 38.75% | 8.36% | 2.38x | 1.95x | Skr3.88 Million |
| 2015 | 7.16% | 3.99% | 1.28x | 1.40x | Skr-1.25 Million |
| 2016 | 9.22% | 3.70% | 1.08x | 2.31x | Skr-355.70K |
| 2017 | 17.65% | 8.74% | 1.05x | 1.93x | Skr7.40 Million |
| 2018 | 3.19% | 1.72% | 1.17x | 1.59x | Skr-7.17 Million |
| 2019 | -12.63% | -9.56% | 0.77x | 1.70x | Skr-45.06 Million |
| 2020 | -11.46% | -7.11% | 0.90x | 1.80x | Skr-38.14 Million |
| 2021 | 2.93% | 1.79% | 0.89x | 1.84x | Skr-14.14 Million |
| 2022 | 9.58% | 6.74% | 0.87x | 1.64x | Skr-1.07 Million |
| 2023 | 5.27% | 3.38% | 0.94x | 1.65x | Skr-12.25 Million |
| 2024 | 1.63% | 1.11% | 0.76x | 1.94x | Skr-23.96 Million |
| 2025 | 8.55% | 4.67% | 1.01x | 1.81x | Skr-3.83 Million |
Industry Comparison
This section compares TagMaster AB Series B's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $11,462,290,090
- Average return on equity (ROE) among peers: -31.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TagMaster AB Series B (TAGM-B) | Skr263.74 Million | -16.30% | 0.81x | $47.29 Million |
| Alcadon Group AB (ALCA) | $59.98 Million | 37.34% | 3.20x | $85.73 Million |
| DORO AB (DORO) | $287.00 Million | 21.11% | 1.61x | $105.09 Million |
| Ependion AB (EPEN) | $688.68 Million | 9.43% | 1.97x | $436.84 Million |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) | $4.39 Billion | -195.33% | 6.62x | $3.06 Billion |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-B) | $107.10 Billion | 21.19% | 1.85x | $35.81 Billion |
| Gapwaves AB Series B (GAPW-B) | $79.95 Million | -55.01% | 0.18x | $33.38 Million |
| Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) | $4.68 Million | 5.27% | 3.71x | $588.92K |
| HMS Networks AB (publ) (HMS) | $342.06 Million | 15.25% | 0.22x | $2.91 Billion |
| Hexatronic Group AB (HTRO) | $1.65 Billion | 15.36% | 1.86x | $843.81 Million |
| InCoax Networks AB (INCOAX) | $26.18 Million | -188.34% | 0.56x | $10.06 Million |
About TagMaster AB Series B
TagMaster AB (publ), an application driven technology company, designs and markets advanced sensor systems and solutions based on radio, radar, vision, and wireless magnetic technology under the TagMaster, Sensys Networks, Citilog, and Quercus brand names. The company offers traffic monitoring solutions for parking, access control and security, traffic, tolling, airports, mining & ports, and flee… Read more