Troax Group AB
Troax Group AB (publ), through its subsidiaries, produces and sells mesh panels in the Nordic region, the United Kingdom, North America, Europe, and internationally. The company offers machine guarding systems, including fixings, posts, panels, accessories, barrier protection, locks and switches, doors, quickguard aluminum, blueguard stainless steel, and belt conveyor guarding products, as well a… Read more
Troax Group AB (TROAX) - Net Assets
Latest net assets as of December 2025: Skr176.78 Million SEK
Based on the latest financial reports, Troax Group AB (TROAX) has net assets worth Skr176.78 Million SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr397.71 Million) and total liabilities (Skr220.93 Million). 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 | Skr176.78 Million |
| % of Total Assets | 44.45% |
| Annual Growth Rate | 23.31% |
| 5-Year Change | 24.01% |
| 10-Year Change | 168.33% |
| Growth Volatility | 44.03 |
Troax Group AB - Net Assets Trend (2011–2025)
This chart illustrates how Troax Group 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 Troax Group AB (2011–2025)
The table below shows the annual net assets of Troax Group AB from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr176.78 Million | -1.82% |
| 2024-12-31 | Skr180.06 Million | +4.51% |
| 2023-12-31 | Skr172.28 Million | +11.24% |
| 2022-12-31 | Skr154.88 Million | +8.64% |
| 2021-12-31 | Skr142.56 Million | +25.02% |
| 2020-12-31 | Skr114.03 Million | +19.13% |
| 2019-12-31 | Skr95.72 Million | +15.91% |
| 2018-12-31 | Skr82.59 Million | +19.40% |
| 2017-12-31 | Skr69.17 Million | +4.98% |
| 2016-12-31 | Skr65.88 Million | +9.83% |
| 2015-12-31 | Skr59.99 Million | +38.98% |
| 2014-12-31 | Skr43.16 Million | -5.89% |
| 2013-12-31 | Skr45.86 Million | +168.43% |
| 2012-12-31 | Skr17.09 Million | +81.77% |
| 2011-12-31 | Skr9.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Troax Group 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr176.78 Million | 100.00% |
| Total Equity | Skr176.78 Million | 100.00% |
Troax Group AB Competitors by Market Cap
The table below lists competitors of Troax Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ciwen Media Co Ltd
SHE:002343
|
$335.25 Million |
|
Marshall Boya ve Vernik Sanayi AS
IS:MRSHL
|
$335.34 Million |
|
HOPSON DEV. (PB/L) HD-10
F:HVP0
|
$335.36 Million |
|
BETAGRO
BK:BTG-R
|
$335.45 Million |
|
INTERCOS S.P.A.
F:2AQ
|
$335.17 Million |
|
Restaurant Brands Asia Limited
NSE:RBA
|
$335.16 Million |
|
BlueLinx Holdings Inc
NYSE:BXC
|
$335.15 Million |
|
Anhui Deli Household Glass Co Ltd
SHE:002571
|
$335.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Troax Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 180,100,000 to 176,782,450, a change of -3,317,550 (-1.8%).
- Net income of 13,753,101 contributed positively to equity growth.
- Other comprehensive income increased equity by 21,943,000.
- Other factors decreased equity by 39,013,651.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr13.75 Million | +7.78% |
| Other Comprehensive Income | Skr21.94 Million | +12.41% |
| Other Changes | Skr-39.01 Million | -22.07% |
| Total Change | Skr- | -1.84% |
Book Value vs Market Value Analysis
This analysis compares Troax Group 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: 33.46x
- 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 decreased from 629.40x to 33.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Skr0.16 | Skr98.60 | x |
| 2012-12-31 | Skr0.28 | Skr98.60 | x |
| 2013-12-31 | Skr0.76 | Skr98.60 | x |
| 2014-12-31 | Skr0.72 | Skr98.60 | x |
| 2015-12-31 | Skr1.06 | Skr98.60 | x |
| 2016-12-31 | Skr1.10 | Skr98.60 | x |
| 2017-12-31 | Skr1.15 | Skr98.60 | x |
| 2018-12-31 | Skr1.38 | Skr98.60 | x |
| 2019-12-31 | Skr1.60 | Skr98.60 | x |
| 2020-12-31 | Skr1.90 | Skr98.60 | x |
| 2021-12-31 | Skr2.38 | Skr98.60 | x |
| 2022-12-31 | Skr2.58 | Skr98.60 | x |
| 2023-12-31 | Skr2.87 | Skr98.60 | x |
| 2024-12-31 | Skr3.01 | Skr98.60 | x |
| 2025-12-31 | Skr2.95 | Skr98.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Troax Group 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): 7.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.14%
- • Asset Turnover: 0.67x
- • Equity Multiplier: 2.25x
- Recent ROE (7.78%) is below the historical average (22.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 17.59% | 2.69% | 1.16x | 5.64x | Skr713.55K |
| 2012 | 43.23% | 10.18% | 1.40x | 3.03x | Skr5.68 Million |
| 2013 | 4.74% | 3.10% | 0.60x | 2.54x | Skr-2.41 Million |
| 2014 | 20.17% | 9.55% | 0.67x | 3.16x | Skr4.39 Million |
| 2015 | 22.84% | 13.22% | 0.72x | 2.40x | Skr7.70 Million |
| 2016 | 24.74% | 14.07% | 0.67x | 2.62x | Skr9.71 Million |
| 2017 | 24.63% | 11.20% | 0.88x | 2.49x | Skr10.12 Million |
| 2018 | 29.52% | 15.14% | 0.84x | 2.32x | Skr16.12 Million |
| 2019 | 25.44% | 14.50% | 0.76x | 2.30x | Skr14.78 Million |
| 2020 | 20.38% | 14.20% | 0.67x | 2.15x | Skr11.84 Million |
| 2021 | 27.90% | 15.77% | 0.87x | 2.04x | Skr25.52 Million |
| 2022 | 23.76% | 12.95% | 0.98x | 1.88x | Skr21.31 Million |
| 2023 | 20.73% | 13.51% | 0.81x | 1.90x | Skr18.49 Million |
| 2024 | 17.38% | 11.24% | 0.84x | 1.83x | Skr13.29 Million |
| 2025 | 7.78% | 5.14% | 0.67x | 2.25x | Skr-3.93 Million |
Industry Comparison
This section compares Troax Group AB's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $246,570,073
- Average return on equity (ROE) among peers: 7.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Troax Group AB (TROAX) | Skr176.78 Million | 17.59% | 1.25x | $335.22 Million |
| AGES Industri AB (publ) (AGES-B) | $402.48 Million | 13.88% | 1.18x | $5.03 Million |
| Cell Impact AB (CI) | $375.44K | 1.22% | 0.04x | $3.25 Million |
| HAKI Safety A (HAKI-A) | $684.00 Million | 4.97% | 1.09x | $19.52 Million |
| Nordic Flanges Group AB (NFGAB) | $40.27 Million | -30.33% | 1.79x | $483.40K |
| Precomp Solutions AB Series B (PCOM-B) | $27.69 Million | 34.85% | 2.71x | $1.17 Million |
| ProfilGruppen AB (publ) (PROF-B) | $324.60 Million | 22.49% | 1.29x | $17.39 Million |