Fastighets AB Trianon (publ)
Fastighets AB Trianon (publ), a real estate company, owns, builds, develops, and manages residential and commercial properties in Sweden. The company operates through Residential and Community/Commercial segments. It offers housing, retail, office, and public sector/community properties, as well as garage and parking spaces. The company was incorporated in 1973 and is based in Malmö, Sweden.
Fastighets AB Trianon (publ) (TRIAN-B) - Net Assets
Latest net assets as of September 2025: Skr5.26 Billion SEK
Based on the latest financial reports, Fastighets AB Trianon (publ) (TRIAN-B) has net assets worth Skr5.26 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 (Skr13.52 Billion) and total liabilities (Skr8.26 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 | Skr5.26 Billion |
| % of Total Assets | 38.88% |
| Annual Growth Rate | 23.36% |
| 5-Year Change | 48.96% |
| 10-Year Change | 577.81% |
| Growth Volatility | 19.86 |
Fastighets AB Trianon (publ) - Net Assets Trend (2013–2024)
This chart illustrates how Fastighets AB Trianon (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fastighets AB Trianon (publ) (2013–2024)
The table below shows the annual net assets of Fastighets AB Trianon (publ) from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr5.42 Billion | +7.86% |
| 2023-12-31 | Skr5.02 Billion | -6.56% |
| 2022-12-31 | Skr5.37 Billion | +2.46% |
| 2021-12-31 | Skr5.24 Billion | +44.25% |
| 2020-12-31 | Skr3.64 Billion | +24.63% |
| 2019-12-31 | Skr2.92 Billion | +41.30% |
| 2018-12-31 | Skr2.06 Billion | +14.01% |
| 2017-12-31 | Skr1.81 Billion | +53.25% |
| 2016-12-31 | Skr1.18 Billion | +47.89% |
| 2015-12-31 | Skr798.90 Million | +37.79% |
| 2014-12-31 | Skr579.80 Million | +7.80% |
| 2013-12-31 | Skr537.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fastighets AB Trianon (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 1228.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr3.33 Billion | 61.48% |
| Common Stock | Skr125.20 Million | 2.31% |
| Other Comprehensive Income | Skr50.60 Million | 0.93% |
| Other Components | Skr1.91 Billion | 35.27% |
| Total Equity | Skr5.42 Billion | 100.00% |
Fastighets AB Trianon (publ) Competitors by Market Cap
The table below lists competitors of Fastighets AB Trianon (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taiwan Sanyo Electric Co Ltd
TW:1614
|
$126.91 Million |
|
Hebei Keli Automobile Equipment Co., Ltd.
SHE:301552
|
$126.97 Million |
|
Platinum Asset Management Ltd
AU:PTM
|
$127.04 Million |
|
Archer Limited
PINK:ARHVF
|
$127.09 Million |
|
Fujian Yuanxiang New Materials Co. Ltd. A
SHE:301300
|
$126.90 Million |
|
Nabors Energy Transition Corp. II Class A Ordinary Shares
NASDAQ:NETD
|
$126.87 Million |
|
Priner Serviços Industriais S.A
SA:PRNR3
|
$126.86 Million |
|
Prime Mining Corp
OTCQX:PRMNF
|
$126.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fastighets AB Trianon (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,020,200,000 to 5,415,000,000, a change of 394,800,000 (7.9%).
- Net income of 224,800,000 contributed positively to equity growth.
- Dividend payments of 8,100,000 reduced retained earnings.
- Other comprehensive income decreased equity by 76,000,000.
- Other factors increased equity by 254,100,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr224.80 Million | +4.15% |
| Dividends Paid | Skr8.10 Million | -0.15% |
| Other Comprehensive Income | Skr-76.00 Million | -1.4% |
| Other Changes | Skr254.10 Million | +4.69% |
| Total Change | Skr- | 7.86% |
Book Value vs Market Value Analysis
This analysis compares Fastighets AB Trianon (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: 0.68x
- 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 4.58x to 0.68x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Skr4.09 | Skr18.76 | x |
| 2014-12-31 | Skr4.41 | Skr18.76 | x |
| 2015-12-31 | Skr6.08 | Skr18.76 | x |
| 2016-12-31 | Skr8.99 | Skr18.76 | x |
| 2017-12-31 | Skr13.98 | Skr18.76 | x |
| 2018-12-31 | Skr14.39 | Skr18.76 | x |
| 2019-12-31 | Skr20.47 | Skr18.76 | x |
| 2020-12-31 | Skr23.87 | Skr18.76 | x |
| 2021-12-31 | Skr34.47 | Skr18.76 | x |
| 2022-12-31 | Skr34.15 | Skr18.76 | x |
| 2023-12-31 | Skr31.57 | Skr18.76 | x |
| 2024-12-31 | Skr27.64 | Skr18.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fastighets AB Trianon (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): 4.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.10%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 2.64x
- Recent ROE (4.15%) is below the historical average (13.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 9.22% | 46.86% | 0.07x | 2.65x | Skr-4.21 Million |
| 2014 | 9.71% | 49.60% | 0.07x | 2.88x | Skr-1.68 Million |
| 2015 | 20.03% | 116.45% | 0.06x | 2.88x | Skr80.11 Million |
| 2016 | 34.02% | 230.45% | 0.05x | 2.94x | Skr283.75 Million |
| 2017 | 18.15% | 121.86% | 0.05x | 2.77x | Skr143.18 Million |
| 2018 | 12.93% | 74.25% | 0.06x | 3.05x | Skr57.96 Million |
| 2019 | 10.94% | 69.35% | 0.05x | 2.97x | Skr26.51 Million |
| 2020 | 14.71% | 93.94% | 0.05x | 2.92x | Skr166.47 Million |
| 2021 | 25.01% | 211.13% | 0.05x | 2.60x | Skr783.27 Million |
| 2022 | 2.45% | 16.90% | 0.06x | 2.57x | Skr-405.69 Million |
| 2023 | -4.11% | -27.33% | 0.06x | 2.71x | Skr-708.12 Million |
| 2024 | 4.15% | 29.10% | 0.05x | 2.64x | Skr-316.70 Million |
Industry Comparison
This section compares Fastighets AB Trianon (publ)'s net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $5,852,248,000
- Average return on equity (ROE) among peers: -1.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fastighets AB Trianon (publ) (TRIAN-B) | Skr5.26 Billion | 9.22% | 1.57x | $126.90 Million |
| Acrinova AB (ACRI-A) | $558.81 Million | 10.73% | 0.84x | $22.03 Million |
| Acrinova AB Series B (ACRI-B) | $962.26 Million | 3.73% | 1.27x | $29.98 Million |
| Catena AB (CATE) | $17.39 Billion | 5.67% | 0.93x | $2.39 Billion |
| Cibus Nordic Real Estate AB (publ) (CIBUS) | $697.81 Million | 11.46% | 1.77x | $1.04 Billion |
| Corem Property Group AB (publ) (CORE-D) | $2.10 Billion | 20.99% | 2.13x | $15.76 Billion |
| Dios Fastigheter AB (DIOS) | $10.97 Billion | -7.75% | 1.89x | $590.09 Million |
| FastPartner AB (publ) (FPAR-A) | $7.61 Billion | 19.07% | 1.76x | $179.83 Million |
| FastPartner AB Series D (FPAR-D) | $12.63 Billion | 24.91% | 1.37x | $295.16 Million |
| John Mattson Fastighetsforetagen AB (JOMA) | $5.60 Billion | -22.44% | 1.60x | $184.40 Million |
| Stendörren Fastigheter AB (publ) (STEF-B) | $13.90 Million | -79.86% | 0.49x | $288.80 Million |