SGS SA (SGSN) - Net Assets
Based on the latest financial reports, SGS SA (SGSN) has net assets worth CHF901.00 Million CHF (≈ $1.14 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CHF7.88 Billion ≈ $9.97 Billion USD) and total liabilities (CHF6.98 Billion ≈ $8.83 Billion 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 tangible is SGS SA's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CHF901.00 Million |
| % of Total Assets | 11.43% |
| Annual Growth Rate | -0.87% |
| 5-Year Change | -25.04% |
| 10-Year Change | -51.38% |
| Growth Volatility | 20.45 |
SGS SA - Net Assets Trend (2000–2025)
This chart illustrates how SGS SA's net assets have evolved over time, based on quarterly financial data. See how many days can SGS SA fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SGS SA (2000–2025)
The table below shows the annual net assets of SGS SA from 2000 to 2025. For live valuation and market cap data, see market value of SGS SA.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CHF901.00 Million ≈ $1.14 Billion |
+2.74% |
| 2024-12-31 | CHF877.00 Million ≈ $1.11 Billion |
+66.10% |
| 2023-12-31 | CHF528.00 Million ≈ $667.53 Million |
-30.80% |
| 2022-12-31 | CHF763.00 Million ≈ $964.64 Million |
-36.52% |
| 2021-12-31 | CHF1.20 Billion ≈ $1.52 Billion |
+6.00% |
| 2020-12-31 | CHF1.13 Billion ≈ $1.43 Billion |
-28.90% |
| 2019-12-31 | CHF1.59 Billion ≈ $2.02 Billion |
-8.49% |
| 2018-12-31 | CHF1.74 Billion ≈ $2.20 Billion |
-13.07% |
| 2017-12-31 | CHF2.00 Billion ≈ $2.53 Billion |
+8.20% |
| 2016-12-31 | CHF1.85 Billion ≈ $2.34 Billion |
-6.46% |
| 2015-12-31 | CHF1.98 Billion ≈ $2.50 Billion |
-17.56% |
| 2014-12-31 | CHF2.40 Billion ≈ $3.04 Billion |
+8.63% |
| 2013-12-31 | CHF2.21 Billion ≈ $2.80 Billion |
+4.44% |
| 2012-12-31 | CHF2.12 Billion ≈ $2.68 Billion |
+3.57% |
| 2011-12-31 | CHF2.04 Billion ≈ $2.59 Billion |
-2.99% |
| 2010-12-31 | CHF2.11 Billion ≈ $2.67 Billion |
-0.09% |
| 2009-12-31 | CHF2.11 Billion ≈ $2.67 Billion |
+13.32% |
| 2008-12-31 | CHF1.86 Billion ≈ $2.35 Billion |
-7.22% |
| 2007-12-31 | CHF2.01 Billion ≈ $2.54 Billion |
+26.07% |
| 2006-12-31 | CHF1.59 Billion ≈ $2.01 Billion |
+7.93% |
| 2005-12-31 | CHF1.48 Billion ≈ $1.86 Billion |
+24.05% |
| 2004-12-31 | CHF1.19 Billion ≈ $1.50 Billion |
+9.08% |
| 2003-12-31 | CHF1.09 Billion ≈ $1.38 Billion |
+19.13% |
| 2002-12-31 | CHF915.00 Million ≈ $1.16 Billion |
-9.18% |
| 2001-12-31 | CHF1.01 Billion ≈ $1.27 Billion |
-10.03% |
| 2000-12-31 | CHF1.12 Billion ≈ $1.42 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to SGS SA'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 306900000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF3.07 Billion | 340.62% |
| Common Stock | CHF8.00 Million | 0.89% |
| Total Equity | CHF901.00 Million | 100.00% |
SGS SA Competitors by Market Cap
The table below lists competitors of SGS SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Charter Communications Inc
NASDAQ:CHTR
|
$18.21 Billion |
|
Valterra Platinum Limited
JSE:VAL
|
$18.24 Billion |
|
Alliant Energy Corp
NASDAQ:LNT
|
$18.28 Billion |
|
Api Group Corp
NYSE:APG
|
$18.31 Billion |
|
INTERCONT HOTELS
F:IC1B
|
$18.21 Billion |
|
Broadridge Financial Solutions Inc
NYSE:BR
|
$18.21 Billion |
|
BANCO BRANDESCO SP.ADR 1
F:BREA
|
$18.19 Billion |
|
Solar Industries India Limited
NSE:SOLARINDS
|
$18.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SGS SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 797,000,000 to 901,000,000, a change of 104,000,000 (13.0%).
- Net income of 668,000,000 contributed positively to equity growth.
- Dividend payments of 222,000,000 reduced retained earnings.
- Share repurchases of 100,000,000 reduced equity.
- Other comprehensive income increased equity by 1,721,000,000.
- Other factors decreased equity by 1,963,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF668.00 Million | +74.14% |
| Dividends Paid | CHF222.00 Million | -24.64% |
| Share Repurchases | CHF100.00 Million | -11.1% |
| Other Comprehensive Income | CHF1.72 Billion | +191.01% |
| Other Changes | CHF-1.96 Billion | -217.87% |
| Total Change | CHF- | 13.05% |
Book Value vs Market Value Analysis
This analysis compares SGS SA'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: 18.82x
- 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 increased from 15.62x to 18.82x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | CHF5.62 | CHF87.82 | x |
| 2001-12-31 | CHF5.02 | CHF87.82 | x |
| 2002-12-31 | CHF4.62 | CHF87.82 | x |
| 2003-12-31 | CHF5.58 | CHF87.82 | x |
| 2004-12-31 | CHF6.18 | CHF87.82 | x |
| 2005-12-31 | CHF7.58 | CHF87.82 | x |
| 2006-12-31 | CHF8.16 | CHF87.82 | x |
| 2007-12-31 | CHF10.23 | CHF87.82 | x |
| 2008-12-31 | CHF9.76 | CHF87.82 | x |
| 2009-12-31 | CHF11.01 | CHF87.82 | x |
| 2010-12-31 | CHF10.87 | CHF87.82 | x |
| 2011-12-31 | CHF10.48 | CHF87.82 | x |
| 2012-12-31 | CHF10.74 | CHF87.82 | x |
| 2013-12-31 | CHF11.12 | CHF87.82 | x |
| 2014-12-31 | CHF12.08 | CHF87.82 | x |
| 2015-12-31 | CHF9.99 | CHF87.82 | x |
| 2016-12-31 | CHF9.34 | CHF87.82 | x |
| 2017-12-31 | CHF10.16 | CHF87.82 | x |
| 2018-12-31 | CHF8.77 | CHF87.82 | x |
| 2019-12-31 | CHF7.99 | CHF87.82 | x |
| 2020-12-31 | CHF5.64 | CHF87.82 | x |
| 2021-12-31 | CHF5.96 | CHF87.82 | x |
| 2022-12-31 | CHF3.65 | CHF87.82 | x |
| 2023-12-31 | CHF2.48 | CHF87.82 | x |
| 2024-12-31 | CHF4.26 | CHF87.82 | x |
| 2025-12-31 | CHF4.67 | CHF87.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SGS SA 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): 74.14%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.62%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 8.75x
- Recent ROE (74.14%) is above the historical average (37.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 11.71% | 5.43% | 1.12x | 1.93x | CHF18.78 Million |
| 2001 | -7.66% | -3.22% | 1.17x | 2.03x | CHF-173.33 Million |
| 2002 | 12.60% | 4.72% | 1.29x | 2.06x | CHF23.30 Million |
| 2003 | 21.92% | 9.58% | 1.21x | 1.89x | CHF127.80 Million |
| 2004 | 23.90% | 9.64% | 1.28x | 1.94x | CHF161.70 Million |
| 2005 | 25.78% | 11.22% | 1.20x | 1.92x | CHF227.10 Million |
| 2006 | 28.36% | 11.59% | 1.34x | 1.83x | CHF286.80 Million |
| 2007 | 25.37% | 11.44% | 1.31x | 1.69x | CHF302.90 Million |
| 2008 | 38.35% | 14.82% | 1.35x | 1.92x | CHF527.80 Million |
| 2009 | 28.51% | 12.54% | 1.26x | 1.80x | CHF383.70 Million |
| 2010 | 29.68% | 12.91% | 1.19x | 1.92x | CHF407.10 Million |
| 2011 | 28.12% | 11.69% | 1.01x | 2.39x | CHF361.50 Million |
| 2012 | 26.99% | 9.97% | 1.12x | 2.42x | CHF350.00 Million |
| 2013 | 28.00% | 10.29% | 1.16x | 2.35x | CHF385.70 Million |
| 2014 | 27.03% | 10.69% | 1.02x | 2.48x | CHF396.30 Million |
| 2015 | 28.80% | 9.61% | 0.97x | 3.09x | CHF358.40 Million |
| 2016 | 30.63% | 9.07% | 1.12x | 3.02x | CHF365.70 Million |
| 2017 | 32.36% | 9.78% | 1.07x | 3.10x | CHF429.10 Million |
| 2018 | 38.55% | 9.59% | 1.11x | 3.64x | CHF476.20 Million |
| 2019 | 43.59% | 10.00% | 1.04x | 4.18x | CHF508.60 Million |
| 2020 | 45.28% | 8.57% | 0.81x | 6.52x | CHF374.00 Million |
| 2021 | 54.88% | 9.57% | 0.91x | 6.27x | CHF501.30 Million |
| 2022 | 86.22% | 8.85% | 0.93x | 10.44x | CHF519.80 Million |
| 2023 | 120.48% | 8.35% | 0.98x | 14.73x | CHF507.10 Million |
| 2024 | 72.90% | 8.55% | 1.01x | 8.47x | CHF501.30 Million |
| 2025 | 74.14% | 9.62% | 0.88x | 8.75x | CHF577.90 Million |
Industry Comparison
This section compares SGS SA's net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $1,204,400,000
- Average return on equity (ROE) among peers: 16.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SGS SA (SGSN) | CHF901.00 Million | 11.71% | 7.75x | $18.21 Billion |
| DKSH Holding AG (DKSH) | $1.20 Billion | 16.71% | 1.79x | $3.92 Billion |
About SGS SA
SGS SA operates as a testing, inspection, and certification company in the Asia Pacific, Europe, North America, Eastern Europe, the Middle East and Africa, and America. It operates in two segments, Testing & Inspection and Certification. The company offers testing services, such as crop production testing, agricultural commodities testing, field studies, laboratory studies, seed quality control, … Read more