AB Traction (TRAC-B) - Net Assets
Based on the latest financial reports, AB Traction (TRAC-B) has net assets worth Skr4.31 Billion SEK (≈ $463.76 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 (Skr4.31 Billion ≈ $464.14 Million USD) and total liabilities (Skr3.50 Million ≈ $376.66K 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 AB Traction liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr4.31 Billion |
| % of Total Assets | 99.92% |
| Annual Growth Rate | 7.78% |
| 5-Year Change | 1.77% |
| 10-Year Change | 73.91% |
| Growth Volatility | 17.35 |
AB Traction - Net Assets Trend (2001–2025)
This chart illustrates how AB Traction's net assets have evolved over time, based on quarterly financial data. Also explore TRAC-B asset base for the complete picture of this company's asset base.
Annual Net Assets for AB Traction (2001–2025)
The table below shows the annual net assets of AB Traction from 2001 to 2025. For live valuation and market cap data, see AB Traction (TRAC-B) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr4.31 Billion ≈ $463.76 Million |
+1.46% |
| 2024-12-31 | Skr4.25 Billion ≈ $457.08 Million |
+8.22% |
| 2023-12-31 | Skr3.92 Billion ≈ $422.36 Million |
+3.69% |
| 2022-12-31 | Skr3.79 Billion ≈ $407.33 Million |
-10.62% |
| 2021-12-31 | Skr4.23 Billion ≈ $455.70 Million |
+45.00% |
| 2020-12-31 | Skr2.92 Billion ≈ $314.28 Million |
-2.69% |
| 2019-12-31 | Skr3.00 Billion ≈ $322.97 Million |
+13.75% |
| 2018-12-31 | Skr2.64 Billion ≈ $283.93 Million |
-4.08% |
| 2017-12-31 | Skr2.75 Billion ≈ $296.00 Million |
+11.00% |
| 2016-12-31 | Skr2.48 Billion ≈ $266.66 Million |
+17.16% |
| 2015-12-31 | Skr2.11 Billion ≈ $227.60 Million |
+6.88% |
| 2014-12-31 | Skr1.98 Billion ≈ $212.95 Million |
+15.95% |
| 2013-12-31 | Skr1.71 Billion ≈ $183.66 Million |
+7.64% |
| 2012-12-31 | Skr1.59 Billion ≈ $170.61 Million |
+9.70% |
| 2011-12-31 | Skr1.45 Billion ≈ $155.53 Million |
-5.75% |
| 2010-12-31 | Skr1.53 Billion ≈ $165.01 Million |
+10.95% |
| 2009-12-31 | Skr1.38 Billion ≈ $148.73 Million |
+20.53% |
| 2008-12-31 | Skr1.15 Billion ≈ $123.39 Million |
-14.97% |
| 2007-12-31 | Skr1.35 Billion ≈ $145.12 Million |
+3.95% |
| 2006-12-31 | Skr1.30 Billion ≈ $139.61 Million |
+14.05% |
| 2005-12-31 | Skr1.14 Billion ≈ $122.41 Million |
+67.92% |
| 2004-12-31 | Skr677.40 Million ≈ $72.90 Million |
+10.87% |
| 2003-12-31 | Skr611.00 Million ≈ $65.75 Million |
-7.73% |
| 2002-12-31 | Skr662.20 Million ≈ $71.26 Million |
-7.29% |
| 2001-12-31 | Skr714.30 Million ≈ $76.87 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to AB Traction'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 18527.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr4.30 Billion | 99.85% |
| Common Stock | Skr5.30 Million | 0.12% |
| Other Components | Skr1.10 Million | 0.03% |
| Total Equity | Skr4.31 Billion | 100.00% |
AB Traction Competitors by Market Cap
The table below lists competitors of AB Traction ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
R Systems International Limited
NSE:RSYSTEMS
|
$336.95 Million |
|
RichWave Technology Corp
TW:4968
|
$336.99 Million |
|
Envela Corp
NYSE MKT:ELA
|
$337.03 Million |
|
Selectirente
PA:SELER
|
$337.08 Million |
|
Concorde International Group Ltd Class A Ordinary Shares
NASDAQ:CIGL
|
$336.88 Million |
|
Guangzhou LBP Medicine Science & Technology Co Ltd
SHG:688393
|
$336.82 Million |
|
Profit Cultural & Creative Group Co Ltd
SHE:300640
|
$336.76 Million |
|
BRASI.CIA BRAS.D.PROP.ADR
F:52BA
|
$336.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB Traction's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,247,300,000 to 4,309,400,000, a change of 62,100,000 (1.5%).
- Net income of 195,100,000 contributed positively to equity growth.
- Dividend payments of 133,100,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr195.10 Million | +4.53% |
| Dividends Paid | Skr133.10 Million | -3.09% |
| Other Changes | Skr100.00K | +0.0% |
| Total Change | Skr- | 1.46% |
Book Value vs Market Value Analysis
This analysis compares AB Traction'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: 0.83x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.71x to 0.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Skr42.20 | Skr241.00 | x |
| 2002-12-31 | Skr39.50 | Skr241.00 | x |
| 2003-12-31 | Skr36.78 | Skr241.00 | x |
| 2004-12-31 | Skr40.94 | Skr241.00 | x |
| 2005-12-31 | Skr68.75 | Skr241.00 | x |
| 2006-12-31 | Skr78.41 | Skr241.00 | x |
| 2007-12-31 | Skr81.67 | Skr241.00 | x |
| 2008-12-31 | Skr70.10 | Skr241.00 | x |
| 2009-12-31 | Skr83.60 | Skr241.00 | x |
| 2010-12-31 | Skr93.73 | Skr241.00 | x |
| 2011-12-31 | Skr90.27 | Skr241.00 | x |
| 2012-12-31 | Skr101.11 | Skr241.00 | x |
| 2013-12-31 | Skr109.21 | Skr241.00 | x |
| 2014-12-31 | Skr133.08 | Skr241.00 | x |
| 2015-12-31 | Skr142.70 | Skr241.00 | x |
| 2016-12-31 | Skr167.54 | Skr241.00 | x |
| 2017-12-31 | Skr185.97 | Skr241.00 | x |
| 2018-12-31 | Skr178.39 | Skr241.00 | x |
| 2019-12-31 | Skr202.92 | Skr241.00 | x |
| 2020-12-31 | Skr197.46 | Skr241.00 | x |
| 2021-12-31 | Skr286.31 | Skr241.00 | x |
| 2022-12-31 | Skr255.92 | Skr241.00 | x |
| 2023-12-31 | Skr265.36 | Skr241.00 | x |
| 2024-12-31 | Skr287.18 | Skr241.00 | x |
| 2025-12-31 | Skr291.38 | Skr241.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB Traction 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): 4.53%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 131.38%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.00x
- Recent ROE (4.53%) is below the historical average (7.78%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 3.26% | 5.63% | 0.39x | 1.50x | Skr-47.69 Million |
| 2002 | -2.92% | -4.35% | 0.50x | 1.35x | Skr-84.93 Million |
| 2003 | -6.28% | -8.80% | 0.52x | 1.36x | Skr-99.05 Million |
| 2004 | 12.18% | 20.70% | 0.46x | 1.27x | Skr14.76 Million |
| 2005 | 27.25% | 103.96% | 0.23x | 1.14x | Skr196.25 Million |
| 2006 | 13.52% | 59.34% | 0.20x | 1.11x | Skr45.67 Million |
| 2007 | 6.01% | 26.24% | 0.21x | 1.11x | Skr-53.85 Million |
| 2008 | -14.89% | -48.11% | 0.28x | 1.09x | Skr-285.53 Million |
| 2009 | 20.18% | 54.96% | 0.33x | 1.12x | Skr137.40 Million |
| 2010 | 13.78% | 32.09% | 0.39x | 1.10x | Skr56.47 Million |
| 2011 | -2.86% | -6.85% | 0.38x | 1.11x | Skr-182.06 Million |
| 2012 | 12.88% | 25.65% | 0.45x | 1.11x | Skr44.86 Million |
| 2013 | 15.97% | 96.26% | 0.15x | 1.11x | Skr100.07 Million |
| 2014 | 6.15% | 83.70% | 0.07x | 1.00x | Skr-76.18 Million |
| 2015 | 8.24% | 93.96% | 0.09x | 1.00x | Skr-37.29 Million |
| 2016 | 16.17% | 96.44% | 0.17x | 1.00x | Skr152.91 Million |
| 2017 | 11.07% | 96.06% | 0.11x | 1.00x | Skr29.35 Million |
| 2018 | -2.71% | 0.00% | -0.02x | 1.00x | Skr-335.24 Million |
| 2019 | 13.86% | 97.24% | 0.14x | 1.00x | Skr115.79 Million |
| 2020 | -0.63% | 0.00% | 0.00x | 1.00x | Skr-310.54 Million |
| 2021 | 31.73% | 99.26% | 0.32x | 1.00x | Skr920.25 Million |
| 2022 | -9.98% | 0.00% | -0.10x | 1.00x | Skr-756.30 Million |
| 2023 | 6.87% | 94.87% | 0.07x | 1.00x | Skr-122.67 Million |
| 2024 | 11.23% | 97.29% | 0.12x | 1.00x | Skr52.37 Million |
| 2025 | 4.53% | 131.38% | 0.03x | 1.00x | Skr-235.84 Million |
Industry Comparison
This section compares AB Traction's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,877,651,554
- Average return on equity (ROE) among peers: 7.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB Traction (TRAC-B) | Skr4.31 Billion | 3.26% | 0.00x | $336.90 Million |
| Athanase Innovation AB (ATIN) | $276.69 Million | 2.56% | 1.57x | $37.61 Million |
| Bure Equity AB (BURE) | $2.32 Billion | -2.53% | 0.13x | $2.13 Billion |
| Case Group AB (CASE) | $66.36 Million | 50.67% | 0.30x | $84.16 Million |
| Catella AB A (CAT-A) | $958.00 Million | -3.44% | 3.09x | $5.29 Million |
| Catella AB (publ) (CAT-B) | $980.00 Million | 2.14% | 2.99x | $197.61 Million |
| Creades AB (CRED-A) | $7.95 Billion | 45.87% | 0.05x | $711.38 Million |
| Effnetplattformen Holding AB (EFFH) | $32.81 Million | 5.13% | 0.11x | $6.51 Million |
| EQT AB (publ) (EQT) | $6.00 Billion | 2.16% | 0.53x | $37.38 Billion |
| First Venture Sweden AB Series B (FIRST-B) | $178.95 Million | -22.94% | 0.16x | $5.38 Million |
| Flat Capital AB Series B (FLAT-B) | $4.60 Million | -2.51% | 0.01x | $329.18 Million |
About AB Traction
AB Traction is a private equity firm specializing in distressed, middle market, later stage, mature, bridge, recapitalization, buyouts and PIPES investments. It invests in public and private companies. In private companies, the firm invests in turnaround projects, reconstructions, management buy-outs, and buy-ins. In public companies, it underwrites new share issues in companies. It does not focu… Read more