MagForce AG (MF6) - Net Assets

Latest as of December 2021: €26.84 Million EUR ≈ $31.38 Million USD

Based on the latest financial reports, MagForce AG (MF6) has net assets worth €26.84 Million EUR (≈ $31.38 Million USD) as of December 2021. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€62.83 Million ≈ $73.45 Million USD) and total liabilities (€35.99 Million ≈ $42.07 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. Read MF6 total liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€26.84 Million
% of Total Assets	42.72%
Annual Growth Rate	13.91%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	76.95

MagForce AG - Net Assets Trend (2018–2021)

This chart illustrates how MagForce AG's net assets have evolved over time, based on quarterly financial data. Also explore MF6 asset base for the complete picture of this company's asset base.

Annual Net Assets for MagForce AG (2018–2021)

The table below shows the annual net assets of MagForce AG from 2018 to 2021. For live valuation and market cap data, see how much is MagForce AG worth.

Year	Net Assets	Change
2021-12-31	€26.84 Million ≈ $31.38 Million	-24.42%
2020-12-31	€35.51 Million ≈ $41.52 Million	+141.46%
2019-12-31	€14.71 Million ≈ $17.20 Million	-19.00%
2018-12-31	€18.16 Million ≈ $21.23 Million	--

Equity Component Analysis

This analysis shows how different components contribute to MagForce AG'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 455820800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2021)

Component	Amount	Percentage
Common Stock	€29.93 Million	111.52%
Other Components	€53.53 Million	199.44%
Total Equity	€26.84 Million	100.00%

MagForce AG Competitors by Market Cap

The table below lists competitors of MagForce AG ranked by their market capitalization.

Company	Market Cap
SCANDION ONC. DK-0735 F:8VY	$140.86K
QuiaPEG Pharmaceuticals Holding AB ST:QUIA	$141.00K
Sotherly Hotels Inc Series B Pref NASDAQ:SOHOB	$141.67K
EVRAZ plc LSE:EVR	$143.76K
Akoustis Technologies, Inc. NASDAQ:AKTSQ	$138.60K
DSW Capital PLC LSE:DSW	$137.60K
Mosman Oil and Gas Ltd LSE:MSMN	$136.82K
Block Energy PLC LSE:BLOE	$135.95K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in MagForce AG's equity between the two most recent reporting periods.

Equity Growth Insights

From 2020 to 2021, total equity changed from 35,514,720 to 26,840,455, a change of -8,674,264 (-24.4%).
Net loss of 10,574,258 reduced equity.
Other factors increased equity by 1,899,994.

Equity Change Factors (2020 to 2021)

Factor	Impact	Contribution
Net Income	€-10.57 Million	-39.4%
Other Changes	€1.90 Million	+7.08%
Total Change	€-	-24.42%

Book Value vs Market Value Analysis

This analysis compares MagForce AG'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: 0.00x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2018-12-31	€0.69	€0.00	x
2019-12-31	€0.53	€0.00	x
2020-12-31	€1.21	€0.00	x
2021-12-31	€0.90	€0.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently MagForce AG 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): -39.40%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3004.19%
• Asset Turnover: 0.01x
• Equity Multiplier: 2.34x
Recent ROE (-39.40%) is below the historical average (-8.31%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2018	24.00%	6485.20%	0.00x	2.04x	€2.54 Million
2019	-59.36%	-1039.44%	0.02x	2.49x	€-10.20 Million
2020	41.52%	2374.12%	0.01x	1.85x	€11.20 Million
2021	-39.40%	-3004.19%	0.01x	2.34x	€-13.26 Million

Industry Comparison

This section compares MagForce AG's net assets metrics with peer companies in the Medical Devices industry.

Industry Context

Industry: Medical Devices
Average net assets among peers: $934,837,026
Average return on equity (ROE) among peers: -23.67%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
MagForce AG (MF6)	€26.84 Million	24.00%	1.34x	$139.97K
HeraMED Limited (1I4)	$2.59 Million	-168.10%	0.60x	$26.40 Million
Medtronic PLC (2M6)	$841.50 Million	23.43%	0.53x	$102.18 Billion
Peijia Medical Limited (4WO)	$2.04 Billion	-11.08%	0.32x	$403.65 Million
AVITA Medical Inc (51KB)	$20.86 Million	-118.03%	0.23x	$172.49 Million
MICROPORT CARDIO.MEDTECH. (72X)	$2.22 Billion	-2.23%	0.20x	$107.57 Million
MODULIGHT OY EO 1 (78W)	$44.68 Million	-10.30%	0.10x	$43.97 Million
ACOTEC SCIEN.H. DL-00001 (7W3)	$1.28 Billion	5.50%	0.11x	$377.38 Million
LIFETECH SCI.DL-00000125 (81X)	$2.53 Billion	11.56%	0.26x	$893.41 Million
ORTOMA AB B (82Y)	$142.72 Million	-13.45%	0.13x	$26.39 Million
COPLAND ROAD CAPITAL NEW (A2P)	$223.54 Million	46.04%	1.19x	$594.67 Million

About MagForce AG

STU:MF6 Germany Medical Devices

Market Cap

$139.97K

€119.73K EUR

Market Cap Rank

#30898 Global

#2781 in Germany

Share Price

€0.00

Change (1 day)

-11.11%

52-Week Range

€0.00 - €0.01

All Time High

€8.80