Stadler Rail AG (SRAIL) - Net Assets
Based on the latest financial reports, Stadler Rail AG (SRAIL) has net assets worth CHF856.22 Million CHF (≈ $1.08 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 (CHF5.96 Billion ≈ $7.53 Billion USD) and total liabilities (CHF5.10 Billion ≈ $6.45 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 Stadler Rail AG's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CHF856.22 Million |
| % of Total Assets | 14.38% |
| Annual Growth Rate | 4.19% |
| 5-Year Change | -2.73% |
| 10-Year Change | N/A |
| Growth Volatility | 10.67 |
Stadler Rail AG - Net Assets Trend (2016–2025)
This chart illustrates how Stadler Rail AG's net assets have evolved over time, based on quarterly financial data. See SRAIL cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Stadler Rail AG (2016–2025)
The table below shows the annual net assets of Stadler Rail AG from 2016 to 2025. For live valuation and market cap data, see Stadler Rail AG (SRAIL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CHF856.22 Million ≈ $1.08 Billion |
+10.61% |
| 2024-12-31 | CHF774.08 Million ≈ $978.65 Million |
-5.51% |
| 2023-12-31 | CHF819.26 Million ≈ $1.04 Billion |
+5.16% |
| 2022-12-31 | CHF779.09 Million ≈ $984.99 Million |
-11.49% |
| 2021-12-31 | CHF880.26 Million ≈ $1.11 Billion |
+2.32% |
| 2020-12-31 | CHF860.34 Million ≈ $1.09 Billion |
+1.58% |
| 2019-12-31 | CHF846.95 Million ≈ $1.07 Billion |
+5.41% |
| 2018-12-31 | CHF803.50 Million ≈ $1.02 Billion |
+4.97% |
| 2017-12-31 | CHF765.44 Million ≈ $967.72 Million |
+29.34% |
| 2016-12-31 | CHF591.81 Million ≈ $748.21 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Stadler Rail 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 grown by 37.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CHF828.77 Million | 102.03% |
| Common Stock | CHF20.00 Million | 2.46% |
| Other Comprehensive Income | CHF-36.41 Million | -4.48% |
| Total Equity | CHF812.28 Million | 100.00% |
Stadler Rail AG Competitors by Market Cap
The table below lists competitors of Stadler Rail AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Carmila SA
PA:CARM
|
$2.32 Billion |
|
Extendicare Inc
TO:EXE
|
$2.32 Billion |
|
Neuland Laboratories Limited
NSE:NEULANDLAB
|
$2.32 Billion |
|
WOOLWORTHS HDGS GDR
F:WN30
|
$2.32 Billion |
|
Beijing Venustech Inc
SHE:002439
|
$2.32 Billion |
|
Henan Dayou Energy Co Ltd
SHG:600403
|
$2.32 Billion |
|
SIRIUSPOINT LTD. DL-10
F:3XPA
|
$2.32 Billion |
|
Tibet Mineral Development Co Ltd
SHE:000762
|
$2.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stadler Rail AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 739,236,000 to 812,279,000, a change of 73,043,000 (9.9%).
- Net income of 88,024,000 contributed positively to equity growth.
- Dividend payments of 19,980,000 reduced retained earnings.
- Share repurchases of 2,405,000 reduced equity.
- Other comprehensive income increased equity by 5,054,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CHF88.02 Million | +10.84% |
| Dividends Paid | CHF19.98 Million | -2.46% |
| Share Repurchases | CHF2.40 Million | -0.3% |
| Other Comprehensive Income | CHF5.05 Million | +0.62% |
| Other Changes | CHF2.35 Million | +0.29% |
| Total Change | CHF- | 9.88% |
Book Value vs Market Value Analysis
This analysis compares Stadler Rail 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: 2.80x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.75x to 2.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | CHF6.07 | CHF22.74 | x |
| 2017-12-31 | CHF7.71 | CHF22.74 | x |
| 2018-12-31 | CHF8.00 | CHF22.74 | x |
| 2019-12-31 | CHF8.42 | CHF22.74 | x |
| 2020-12-31 | CHF8.55 | CHF22.74 | x |
| 2021-12-31 | CHF8.75 | CHF22.74 | x |
| 2022-12-31 | CHF7.73 | CHF22.74 | x |
| 2023-12-31 | CHF7.90 | CHF22.74 | x |
| 2024-12-31 | CHF7.39 | CHF22.74 | x |
| 2025-12-31 | CHF8.12 | CHF22.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stadler Rail 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): 10.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.39%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 7.33x
- Recent ROE (10.84%) is below the historical average (14.63%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 21.27% | 6.07% | 0.88x | 4.00x | CHF66.40 Million |
| 2017 | 22.62% | 7.06% | 0.91x | 3.51x | CHF95.66 Million |
| 2018 | 14.75% | 5.89% | 0.69x | 3.61x | CHF37.95 Million |
| 2019 | 15.11% | 3.97% | 0.84x | 4.51x | CHF43.01 Million |
| 2020 | 16.09% | 4.46% | 0.68x | 5.28x | CHF52.11 Million |
| 2021 | 15.27% | 3.68% | 0.79x | 5.25x | CHF46.13 Million |
| 2022 | 9.44% | 1.94% | 0.85x | 5.69x | CHF-4.36 Million |
| 2023 | 15.73% | 3.45% | 0.72x | 6.34x | CHF45.29 Million |
| 2024 | 5.20% | 1.18% | 0.56x | 7.92x | CHF-35.51 Million |
| 2025 | 10.84% | 2.39% | 0.62x | 7.33x | CHF6.80 Million |
Industry Comparison
This section compares Stadler Rail AG's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $417,176,950
- Average return on equity (ROE) among peers: 11.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stadler Rail AG (SRAIL) | CHF856.22 Million | 21.27% | 5.96x | $2.32 Billion |
| BVZ Holding AG (BVZN) | $173.78 Million | 10.68% | 1.18x | $207.14 Million |
| Jungfraubahn Holding AG (JFN) | $660.57 Million | 11.98% | 0.35x | $1.46 Billion |
About Stadler Rail AG
Stadler Rail AG, through its subsidiaries, engages in the manufacture and sale of trains in Switzerland, Germany, Austria, Western and Eastern Europe, the Americas, the CIS countries, and internationally. The company operates through three segments: Rolling Stock; Service & Components; and Signalling. The Rolling Stock segment manufactures various rail vehicles comprising high-speed, intercity, r… Read more