Tingsvalvet Fastighets AB Pfd.
Tingsvalvet Fastighets AB (publ), a real estate company, owns, manages, and leases office and commercial properties in Central Sweden. Tingsvalvet Fastighets AB (publ) was incorporated in 2018 and is headquartered in Eskilstuna, Sweden.
Tingsvalvet Fastighets AB Pfd. (TINGS-PREF) - Net Assets
Latest net assets as of September 2025: Skr1.07 Billion SEK
Based on the latest financial reports, Tingsvalvet Fastighets AB Pfd. (TINGS-PREF) has net assets worth Skr1.07 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 (Skr2.92 Billion) and total liabilities (Skr1.85 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 | Skr1.07 Billion |
| % of Total Assets | 36.55% |
| Annual Growth Rate | 32.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 70.12 |
Tingsvalvet Fastighets AB Pfd. - Net Assets Trend (2020–2024)
This chart illustrates how Tingsvalvet Fastighets AB Pfd.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tingsvalvet Fastighets AB Pfd. (2020–2024)
The table below shows the annual net assets of Tingsvalvet Fastighets AB Pfd. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr976.27 Million | +22.81% |
| 2023-12-31 | Skr794.96 Million | +3.99% |
| 2022-12-31 | Skr764.47 Million | +166.10% |
| 2021-12-31 | Skr287.29 Million | -8.26% |
| 2020-12-31 | Skr313.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tingsvalvet Fastighets AB Pfd.'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 decreased by 332.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr1.03 Billion | 105.84% |
| Total Equity | Skr976.27 Million | 100.00% |
Tingsvalvet Fastighets AB Pfd. Competitors by Market Cap
The table below lists competitors of Tingsvalvet Fastighets AB Pfd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yoma Strategic Holdings Ltd
PINK:YMAIF
|
$79.95 Million |
|
Abionyx Pharma SA
PA:ABNX
|
$79.98 Million |
|
XANO Industri AB (publ)
ST:XANO-B
|
$79.98 Million |
|
Invercap
SN:INVERCAP
|
$79.98 Million |
|
Norsk Titanium AS
OTCQX:NORSF
|
$79.93 Million |
|
Guandian Defense Technology Co. Ltd. A
SHG:688287
|
$79.92 Million |
|
ABSOLUTE CLEAN ENERGY
BK:ACE-R
|
$79.91 Million |
|
OM Holdings Limited
PINK:OMHLF
|
$79.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tingsvalvet Fastighets AB Pfd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 794,956,000 to 976,274,000, a change of 181,318,000 (22.8%).
- Net income of 47,189,000 contributed positively to equity growth.
- Dividend payments of 23,463,000 reduced retained earnings.
- New share issuances of 59,693,000 increased equity.
- Other factors increased equity by 97,899,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr47.19 Million | +4.83% |
| Dividends Paid | Skr23.46 Million | -2.4% |
| Share Issuances | Skr59.69 Million | +6.11% |
| Other Changes | Skr97.90 Million | +10.03% |
| Total Change | Skr- | 22.81% |
Book Value vs Market Value Analysis
This analysis compares Tingsvalvet Fastighets AB Pfd.'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: 6.51x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.59x to 6.51x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Skr103.01 | Skr370.00 | x |
| 2021-12-31 | Skr94.50 | Skr370.00 | x |
| 2022-12-31 | Skr59.29 | Skr370.00 | x |
| 2023-12-31 | Skr61.65 | Skr370.00 | x |
| 2024-12-31 | Skr56.86 | Skr370.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tingsvalvet Fastighets AB Pfd. 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): 4.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.05%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.59x
- Recent ROE (4.83%) is above the historical average (-0.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -4.25% | -28.41% | 0.06x | 2.44x | Skr-44.61 Million |
| 2021 | -0.72% | -4.36% | 0.06x | 2.66x | Skr-30.80 Million |
| 2022 | -2.49% | -25.01% | 0.05x | 2.18x | Skr-95.48 Million |
| 2023 | -0.12% | -0.70% | 0.07x | 2.40x | Skr-80.41 Million |
| 2024 | 4.83% | 30.05% | 0.06x | 2.59x | Skr-50.44 Million |
Industry Comparison
This section compares Tingsvalvet Fastighets AB Pfd.'s net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,794,566,500
- Average return on equity (ROE) among peers: 9.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tingsvalvet Fastighets AB Pfd. (TINGS-PREF) | Skr1.07 Billion | -4.25% | 1.74x | $79.94 Million |
| Arlandastad Group AB (AGROUP) | $4.65 Billion | 10.54% | 0.61x | $79.85 Million |
| Atrium Ljungberg AB (publ) (ATRLJ-B) | $908.68 Million | 11.17% | 2.91x | $579.13 Million |
| Besqab (BESQAB) | $820.10 Million | 5.44% | 0.19x | $95.82 Million |
| Besqab Pref B (BESQAB-PREF-B) | $820.10 Million | 5.44% | 0.19x | $387.92 Million |
| Doxa AB (DOXA) | $3.22 Billion | 9.06% | 0.09x | $42.54 Million |
| Oscar Properties Holding AB (OP) | $334.80 Million | 27.36% | 1.97x | $1.49 Million |
| Prisma Properties (PRISMA) | $2.86 Billion | 8.99% | 1.14x | $258.50 Million |
| Titania Holding AB Series B (TITA-B) | $736.27 Million | -4.03% | 2.20x | $19.75 Million |