Waystream Holding AB (publ) (WAYS) - Net Assets
Based on the latest financial reports, Waystream Holding AB (publ) (WAYS) has net assets worth Skr75.84 Million SEK (≈ $8.16 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr142.83 Million ≈ $15.37 Million USD) and total liabilities (Skr66.99 Million ≈ $7.21 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 how resilient are Waystream Holding AB (publ)'s assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr75.84 Million |
| % of Total Assets | 53.1% |
| Annual Growth Rate | 16.23% |
| 5-Year Change | 35.18% |
| 10-Year Change | 50.2% |
| Growth Volatility | 49.8 |
Waystream Holding AB (publ) - Net Assets Trend (2013–2025)
This chart illustrates how Waystream Holding AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore Waystream Holding AB (publ) asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Waystream Holding AB (publ) (2013–2025)
The table below shows the annual net assets of Waystream Holding AB (publ) from 2013 to 2025. For live valuation and market cap data, see Waystream Holding AB (publ) stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr73.47 Million ≈ $7.91 Million |
+28.93% |
| 2024-12-31 | Skr56.98 Million ≈ $6.13 Million |
-14.38% |
| 2023-12-31 | Skr66.56 Million ≈ $7.16 Million |
-11.73% |
| 2022-12-31 | Skr75.40 Million ≈ $8.11 Million |
+38.73% |
| 2021-12-31 | Skr54.35 Million ≈ $5.85 Million |
+40.28% |
| 2020-12-31 | Skr38.75 Million ≈ $4.17 Million |
+47.86% |
| 2019-12-31 | Skr26.20 Million ≈ $2.82 Million |
+60.52% |
| 2018-12-31 | Skr16.32 Million ≈ $1.76 Million |
-60.38% |
| 2017-12-31 | Skr41.20 Million ≈ $4.43 Million |
-15.77% |
| 2016-12-31 | Skr48.91 Million ≈ $5.26 Million |
-0.99% |
| 2015-12-31 | Skr49.40 Million ≈ $5.32 Million |
+138.64% |
| 2014-12-31 | Skr20.70 Million ≈ $2.23 Million |
+71.22% |
| 2013-12-31 | Skr12.09 Million ≈ $1.30 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Waystream Holding AB (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 33109.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr14.25 Million | 19.39% |
| Common Stock | Skr830.00K | 1.13% |
| Other Components | Skr58.39 Million | 79.48% |
| Total Equity | Skr73.47 Million | 100.00% |
Waystream Holding AB (publ) Competitors by Market Cap
The table below lists competitors of Waystream Holding AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stablecoin Development Corporation
NYSE MKT:SDEV
|
$37.54 Million |
|
NovaBay Pharmaceuticals Inc
NYSE MKT:NBY
|
$37.54 Million |
|
Zoomd Technologies Ltd
V:ZOMD
|
$37.56 Million |
|
Youil Energy Technology Co. Ltd.
KQ:340930
|
$37.57 Million |
|
RIT Capital Partners
LSE:RCP
|
$37.53 Million |
|
Ezwelfare Co Ltd
KQ:090850
|
$37.52 Million |
|
Memscap Regpt
PA:MEMS
|
$37.47 Million |
|
Delticom AG
F:DEX
|
$37.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Waystream Holding AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 56,984,000 to 73,469,000, a change of 16,485,000 (28.9%).
- Net income of 10,296,000 contributed positively to equity growth.
- Share repurchases of 5,246,000 reduced equity.
- New share issuances of 5,246,000 increased equity.
- Other comprehensive income decreased equity by 840,999.
- Other factors increased equity by 7,029,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr10.30 Million | +14.01% |
| Share Repurchases | Skr5.25 Million | -7.14% |
| Share Issuances | Skr5.25 Million | +7.14% |
| Other Comprehensive Income | Skr-841.00K | -1.14% |
| Other Changes | Skr7.03 Million | +9.57% |
| Total Change | Skr- | 28.93% |
Book Value vs Market Value Analysis
This analysis compares Waystream Holding AB (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: 4.62x
- 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 23.95x to 4.62x 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 | Skr1.75 | Skr42.00 | x |
| 2014-12-31 | Skr3.00 | Skr42.00 | x |
| 2015-12-31 | Skr7.17 | Skr42.00 | x |
| 2016-12-31 | Skr7.09 | Skr42.00 | x |
| 2017-12-31 | Skr5.85 | Skr42.00 | x |
| 2018-12-31 | Skr2.42 | Skr42.00 | x |
| 2019-12-31 | Skr3.70 | Skr42.00 | x |
| 2020-12-31 | Skr4.81 | Skr42.00 | x |
| 2021-12-31 | Skr6.74 | Skr42.00 | x |
| 2022-12-31 | Skr9.34 | Skr42.00 | x |
| 2023-12-31 | Skr8.25 | Skr42.00 | x |
| 2024-12-31 | Skr7.06 | Skr42.00 | x |
| 2025-12-31 | Skr9.09 | Skr42.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Waystream Holding AB (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): 14.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.52%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 2.00x
- Recent ROE (14.01%) is above the historical average (-3.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 5.87% | 1.57% | 1.32x | 2.84x | Skr-498.98K |
| 2014 | 25.35% | 9.75% | 1.11x | 2.33x | Skr3.18 Million |
| 2015 | 0.46% | 0.40% | 0.77x | 1.49x | Skr-4.71 Million |
| 2016 | -1.06% | -0.86% | 0.79x | 1.56x | Skr-5.41 Million |
| 2017 | -18.58% | -9.53% | 1.23x | 1.59x | Skr-11.78 Million |
| 2018 | -152.78% | -35.63% | 1.73x | 2.48x | Skr-26.57 Million |
| 2019 | 26.92% | 10.74% | 1.22x | 2.05x | Skr4.43 Million |
| 2020 | 30.12% | 13.52% | 1.58x | 1.41x | Skr7.80 Million |
| 2021 | 27.17% | 16.12% | 1.17x | 1.44x | Skr9.33 Million |
| 2022 | 27.26% | 14.65% | 1.10x | 1.69x | Skr13.02 Million |
| 2023 | -7.23% | -4.80% | 0.78x | 1.93x | Skr-11.47 Million |
| 2024 | -20.69% | -10.24% | 1.02x | 1.99x | Skr-17.49 Million |
| 2025 | 14.01% | 7.52% | 0.93x | 2.00x | Skr2.95 Million |
Industry Comparison
This section compares Waystream Holding AB (publ)'s net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $9,245,421,863
- Average return on equity (ROE) among peers: -15.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Waystream Holding AB (publ) (WAYS) | Skr75.84 Million | 5.87% | 0.88x | $37.53 Million |
| Alcadon Group AB (ALCA) | $233.86 Million | 12.42% | 0.96x | $88.10 Million |
| DORO AB (DORO) | $67.60 Million | 33.73% | 2.17x | $105.09 Million |
| Ependion AB (EPEN) | $1.63 Billion | 9.02% | 0.98x | $486.37 Million |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) | $81.88 Billion | 2.72% | 2.38x | $3.55 Billion |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-B) | $7.32 Billion | 7.72% | 3.69x | $41.62 Billion |
| Gapwaves AB Series B (GAPW-B) | $117.27 Million | -49.66% | 0.41x | $47.91 Million |
| Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) | $44.49 Million | -27.80% | 0.25x | $588.92K |
| HMS Networks AB (publ) (HMS) | $721.29 Million | 19.79% | 0.99x | $3.18 Billion |
| Hexatronic Group AB (HTRO) | $415.26 Million | 27.05% | 0.87x | $1.01 Billion |
| InCoax Networks AB (INCOAX) | $26.18 Million | -188.34% | 0.56x | $12.94 Million |
About Waystream Holding AB (publ)
Waystream Holding AB (publ) engages in the provision of routers and switches that are used in the fiber markets and peripherals in Sweden. The company offers ASR 8000, MS 8000, and MS 7000, products for fiber and broadband networks; optical accessories to be used with routers and switches, including SFP modules accessories; fiber-to-the-home networking and fiber-to-the-building switches. It also … Read more