Meyer Burger Tech AG (MBTN) - Net Assets
Based on the latest financial reports, Meyer Burger Tech AG (MBTN) has net assets worth CHF54.51 Million CHF (≈ $68.92 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF600.10 Million ≈ $758.69 Million USD) and total liabilities (CHF545.59 Million ≈ $689.77 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 Meyer Burger Tech AG tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CHF54.51 Million |
| % of Total Assets | 9.08% |
| Annual Growth Rate | 15.8% |
| 5-Year Change | 8.66% |
| 10-Year Change | -45.69% |
| Growth Volatility | 85.9 |
Meyer Burger Tech AG - Net Assets Trend (2005–2023)
This chart illustrates how Meyer Burger Tech AG's net assets have evolved over time, based on quarterly financial data. See Meyer Burger Tech AG (MBTN) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Meyer Burger Tech AG (2005–2023)
The table below shows the annual net assets of Meyer Burger Tech AG from 2005 to 2023. For live valuation and market cap data, see market cap of Meyer Burger Tech AG.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | CHF191.41 Million ≈ $241.99 Million |
-55.37% |
| 2022-12-31 | CHF428.88 Million ≈ $542.22 Million |
+64.05% |
| 2021-12-31 | CHF261.43 Million ≈ $330.52 Million |
+0.64% |
| 2020-12-31 | CHF259.77 Million ≈ $328.42 Million |
+47.46% |
| 2019-12-31 | CHF176.16 Million ≈ $222.71 Million |
-3.05% |
| 2018-12-31 | CHF181.71 Million ≈ $229.73 Million |
-25.21% |
| 2017-12-31 | CHF242.96 Million ≈ $307.16 Million |
+3.64% |
| 2016-12-31 | CHF234.43 Million ≈ $296.38 Million |
+33.95% |
| 2015-12-31 | CHF175.00 Million ≈ $221.25 Million |
-50.34% |
| 2014-12-31 | CHF352.43 Million ≈ $445.57 Million |
-13.75% |
| 2013-12-31 | CHF408.62 Million ≈ $516.61 Million |
-34.94% |
| 2012-12-31 | CHF628.06 Million ≈ $794.03 Million |
-17.64% |
| 2011-12-31 | CHF762.53 Million ≈ $964.05 Million |
+18.60% |
| 2010-12-31 | CHF642.93 Million ≈ $812.83 Million |
+227.54% |
| 2009-12-31 | CHF196.29 Million ≈ $248.16 Million |
+33.40% |
| 2008-12-31 | CHF147.15 Million ≈ $186.03 Million |
+110.52% |
| 2007-12-31 | CHF69.90 Million ≈ $88.37 Million |
+37.71% |
| 2006-12-31 | CHF50.76 Million ≈ $64.17 Million |
+271.76% |
| 2005-12-31 | CHF13.65 Million ≈ $17.26 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Meyer Burger Tech 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 12245.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CHF179.86 Million | 93.97% |
| Other Comprehensive Income | CHF1.38 Billion | 722.15% |
| Total Equity | CHF191.41 Million | 100.00% |
Meyer Burger Tech AG Competitors by Market Cap
The table below lists competitors of Meyer Burger Tech AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
genedrive plc
LSE:GDR
|
$153.46K |
|
RTC Group plc
LSE:RTC
|
$155.04K |
|
Portmeirion Group PLC
LSE:PMP
|
$155.17K |
|
I.Ceram SA
PA:ALICR
|
$155.73K |
|
LEPU MED.T.B. SP.GDR O.N.
F:07Z0
|
$150.56K |
|
Kukbo Co. Ltd.
KO:001140
|
$150.40K |
|
LANEBURY GROWTH CAP.
F:L01
|
$148.96K |
|
Vergnet
PA:ALVER
|
$147.53K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Meyer Burger Tech AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 428,881,000 to 191,410,000, a change of -237,471,000 (-55.4%).
- Net loss of 291,938,000 reduced equity.
- Other comprehensive income increased equity by 53,923,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF-291.94 Million | -152.52% |
| Other Comprehensive Income | CHF53.92 Million | +28.17% |
| Other Changes | CHF544.00K | +0.28% |
| Total Change | CHF- | -55.37% |
Book Value vs Market Value Analysis
This analysis compares Meyer Burger Tech 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.
- The price-to-book ratio has decreased from 0.15x to 0.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CHF0.03 | CHF0.00 | x |
| 2006-12-31 | CHF0.13 | CHF0.00 | x |
| 2007-12-31 | CHF0.18 | CHF0.00 | x |
| 2008-12-31 | CHF0.32 | CHF0.00 | x |
| 2009-12-31 | CHF0.48 | CHF0.00 | x |
| 2010-12-31 | CHF1.07 | CHF0.00 | x |
| 2011-12-31 | CHF1.17 | CHF0.00 | x |
| 2012-12-31 | CHF12.92 | CHF0.00 | x |
| 2013-12-31 | CHF4408.20 | CHF0.00 | x |
| 2014-12-31 | CHF3033.59 | CHF0.00 | x |
| 2015-12-31 | CHF418.44 | CHF0.00 | x |
| 2016-12-31 | CHF549.50 | CHF0.00 | x |
| 2017-12-31 | CHF337.96 | CHF0.00 | x |
| 2018-12-31 | CHF224.85 | CHF0.00 | x |
| 2019-12-31 | CHF202.42 | CHF0.00 | x |
| 2020-12-31 | CHF131.16 | CHF0.00 | x |
| 2021-12-31 | CHF78.32 | CHF0.00 | x |
| 2022-12-31 | CHF117.99 | CHF0.00 | x |
| 2023-12-31 | CHF45.47 | CHF0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Meyer Burger Tech 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): -152.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -216.19%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 3.56x
- Recent ROE (-152.52%) is below the historical average (-22.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 21.97% | 4.54% | 1.20x | 4.03x | CHF1.47 Million |
| 2006 | 11.05% | 6.74% | 0.67x | 2.46x | CHF532.30K |
| 2007 | 27.45% | 9.07% | 0.86x | 3.50x | CHF12.20 Million |
| 2008 | 28.72% | 8.00% | 1.19x | 3.03x | CHF24.15 Million |
| 2009 | 14.86% | 6.66% | 0.95x | 2.34x | CHF9.55 Million |
| 2010 | 15.23% | 11.53% | 0.80x | 1.66x | CHF33.66 Million |
| 2011 | 4.86% | 2.72% | 0.95x | 1.87x | CHF-37.95 Million |
| 2012 | -18.06% | -17.22% | 0.59x | 1.79x | CHF-172.64 Million |
| 2013 | -39.50% | -78.37% | 0.26x | 1.95x | CHF-199.04 Million |
| 2014 | -38.00% | -42.03% | 0.42x | 2.16x | CHF-167.67 Million |
| 2015 | -96.71% | -52.06% | 0.57x | 3.29x | CHF-185.86 Million |
| 2016 | -41.38% | -21.37% | 0.72x | 2.69x | CHF-120.25 Million |
| 2017 | -32.60% | -16.74% | 1.01x | 1.93x | CHF-103.51 Million |
| 2018 | -32.71% | -14.60% | 1.17x | 1.92x | CHF-77.61 Million |
| 2019 | -22.51% | -15.13% | 0.95x | 1.56x | CHF-57.27 Million |
| 2020 | -24.82% | -71.28% | 0.30x | 1.14x | CHF-90.46 Million |
| 2021 | -38.44% | -251.82% | 0.08x | 1.88x | CHF-126.63 Million |
| 2022 | -16.29% | -47.45% | 0.20x | 1.68x | CHF-112.74 Million |
| 2023 | -152.52% | -216.19% | 0.20x | 3.56x | CHF-311.08 Million |
Industry Comparison
This section compares Meyer Burger Tech AG's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Meyer Burger Tech AG (MBTN) | CHF54.51 Million | 21.97% | 10.01x | $151.86K |
| Swiss Steel Holding AG (STLN) | $321.20 Million | 24.56% | 2.31x | $40.01 Million |
About Meyer Burger Tech AG
Meyer Burger Technology AG, a technology company, produces and sells solar cells and modules. The company operates through Modules, Photovoltaics, and Specialized Technologies segments. It offers the products based on proprietary Heterojunction/SmartWire technologies. In addition, the company provides balcony power plants and solar roof tiles. It operates in Switzerland, Germany, rest of Europe, … Read more