Grigeo AB (WM8) - Net Assets
Based on the latest financial reports, Grigeo AB (WM8) has net assets worth €137.83 Million EUR (≈ $161.14 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 (€202.59 Million ≈ $236.85 Million USD) and total liabilities (€64.76 Million ≈ $75.71 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. Explore cash flow conversion of Grigeo AB to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €137.83 Million |
| % of Total Assets | 68.03% |
| Annual Growth Rate | 11.25% |
| 5-Year Change | 46.18% |
| 10-Year Change | 174.9% |
| Growth Volatility | 5.48 |
Grigeo AB - Net Assets Trend (2015–2025)
This chart illustrates how Grigeo AB's net assets have evolved over time, based on quarterly financial data. Explore Grigeo AB long-term investment intensity to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Grigeo AB (2015–2025)
The table below shows the annual net assets of Grigeo AB from 2015 to 2025. For live valuation and market cap data, see WM8 stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €137.83 Million ≈ $161.14 Million |
+6.82% |
| 2024-12-31 | €129.03 Million ≈ $150.85 Million |
+10.67% |
| 2023-12-31 | €116.59 Million ≈ $136.30 Million |
+19.15% |
| 2022-12-31 | €97.85 Million ≈ $114.40 Million |
+3.78% |
| 2021-12-31 | €94.29 Million ≈ $110.23 Million |
+5.29% |
| 2020-12-31 | €89.56 Million ≈ $104.70 Million |
+16.50% |
| 2019-12-31 | €76.87 Million ≈ $89.87 Million |
+14.93% |
| 2018-12-31 | €66.89 Million ≈ $78.20 Million |
+18.54% |
| 2017-12-31 | €56.43 Million ≈ $65.97 Million |
+12.54% |
| 2016-12-31 | €50.14 Million ≈ $58.62 Million |
+5.67% |
| 2015-12-31 | €47.45 Million ≈ $55.47 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Grigeo 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 grown by 235.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €95.72 Million | 69.72% |
| Other Components | €41.56 Million | 30.28% |
| Total Equity | €137.29 Million | 100.00% |
Grigeo AB Competitors by Market Cap
The table below lists competitors of Grigeo AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GRIGEO AB EO -29
F:WM8
|
$140.79 Million |
|
Dynagas LNG Partners LP
NYSE:DLNG
|
$140.80 Million |
|
S&P Syndicate Public Company Limited
BK:SNP
|
$140.86 Million |
|
Mercator Medical S.A.
WAR:MRC
|
$140.94 Million |
|
All For One Steeb AG
F:A1OS
|
$140.75 Million |
|
Mammoth Energy Services Inc
NASDAQ:TUSK
|
$140.72 Million |
|
Greenland Resources Inc
NEO:MOLY
|
$140.63 Million |
|
Global Dividend Growth Split Corp Class A
TO:GDV
|
$140.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grigeo AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 128,373,000 to 137,287,000, a change of 8,914,000 (6.9%).
- Net income of 16,597,000 contributed positively to equity growth.
- Dividend payments of 7,794,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €16.60 Million | +12.09% |
| Dividends Paid | €7.79 Million | -5.68% |
| Other Changes | €111.00K | +0.08% |
| Total Change | €- | 6.94% |
Book Value vs Market Value Analysis
This analysis compares Grigeo 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: 0.96x
- 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 1.16x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €0.85 | €0.99 | x |
| 2018-12-31 | €1.01 | €0.99 | x |
| 2019-12-31 | €1.16 | €0.99 | x |
| 2020-12-31 | €1.35 | €0.99 | x |
| 2021-12-31 | €0.71 | €0.99 | x |
| 2022-12-31 | €0.74 | €0.99 | x |
| 2023-12-31 | €0.88 | €0.99 | x |
| 2024-12-31 | €0.98 | €0.99 | x |
| 2025-12-31 | €1.03 | €0.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grigeo 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): 12.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.74%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.48x
- Recent ROE (12.09%) is below the historical average (15.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 16.53% | 7.48% | 0.98x | 2.25x | €3.05 Million |
| 2016 | 8.92% | 4.31% | 0.85x | 2.44x | €-536.64K |
| 2017 | 16.35% | 7.05% | 1.12x | 2.06x | €3.56 Million |
| 2018 | 21.23% | 9.87% | 1.24x | 1.74x | €7.44 Million |
| 2019 | 17.72% | 9.63% | 1.20x | 1.53x | €5.88 Million |
| 2020 | 14.94% | 10.26% | 1.05x | 1.38x | €4.40 Million |
| 2021 | 13.11% | 7.52% | 1.23x | 1.42x | €2.91 Million |
| 2022 | 10.85% | 5.18% | 1.42x | 1.47x | €820.60K |
| 2023 | 21.82% | 12.95% | 1.25x | 1.35x | €13.71 Million |
| 2024 | 16.22% | 9.77% | 1.18x | 1.40x | €7.98 Million |
| 2025 | 12.09% | 6.74% | 1.22x | 1.48x | €2.87 Million |
Industry Comparison
This section compares Grigeo AB's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $12,701,046,627
- Average return on equity (ROE) among peers: 9.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grigeo AB (WM8) | €137.83 Million | 16.53% | 0.47x | $140.79 Million |
| Mercer International Inc (AEZ) | $601.03 Million | -2.87% | 2.54x | $47.42 Million |
| Nine Dragons Paper (Holdings) Limited (N3Y) | $37.90 Billion | 10.18% | 1.13x | $4.17 Billion |
| Shandong Chenming Paper Holdings Limited (SCD1) | $22.55 Billion | 9.16% | 2.67x | $53.43 Million |
| SAPPI LTD ADR/1 RC 1 (SPIA) | $2.36 Billion | 22.73% | 1.64x | $543.97 Million |
| GRIGEO AB EO -29 (WM8) | $97.85 Million | 10.76% | 0.46x | $140.79 Million |
About Grigeo AB
Grigeo Group AB operates in the paper and wood industry in Lithuania. It operates through three segments: Paper and Paper Products; Wood Hardboards and Wood Products; and Raw Material for Corrugated Cardboard and Related Products. The company offers napkins, tissues, paper towels, toilet and cleaning papers, wiping papers, sanitary coverings, dispensers, liquid soap, and soap foam. It is also inv… Read more