The Swatch Group AG (UHR) - Net Assets

Latest as of December 2025: CHF11.65 Billion CHF ≈ $14.73 Billion USD

Based on the latest financial reports, The Swatch Group AG (UHR) has net assets worth CHF11.65 Billion CHF (≈ $14.73 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 (CHF13.38 Billion ≈ $16.91 Billion USD) and total liabilities (CHF1.72 Billion ≈ $2.18 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 The Swatch Group AG (UHR) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets CHF11.65 Billion
% of Total Assets 87.13%
Annual Growth Rate 5.21%
5-Year Change 0.42%
10-Year Change 5.25%
Growth Volatility 5.91

The Swatch Group AG - Net Assets Trend (1997–2025)

This chart illustrates how The Swatch Group AG's net assets have evolved over time, based on quarterly financial data. Also explore how large is The Swatch Group AG's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for The Swatch Group AG (1997–2025)

The table below shows the annual net assets of The Swatch Group AG from 1997 to 2025. For live valuation and market cap data, see The Swatch Group AG market cap and net worth.

Year Net Assets Change
2025-12-31 CHF11.65 Billion
≈ $14.73 Billion		 -4.61%
2024-12-31 CHF12.22 Billion
≈ $15.45 Billion		 -0.33%
2023-12-31 CHF12.26 Billion
≈ $15.50 Billion		 +1.72%
2022-12-31 CHF12.05 Billion
≈ $15.24 Billion		 +3.84%
2021-12-31 CHF11.61 Billion
≈ $14.67 Billion		 +5.84%
2020-12-31 CHF10.96 Billion
≈ $13.86 Billion		 -4.59%
2019-12-31 CHF11.49 Billion
≈ $14.53 Billion		 +1.94%
2018-12-31 CHF11.27 Billion
≈ $14.25 Billion		 -0.13%
2017-12-31 CHF11.29 Billion
≈ $14.27 Billion		 +1.95%
2016-12-31 CHF11.07 Billion
≈ $14.00 Billion		 -1.50%
2015-12-31 CHF11.24 Billion
≈ $14.21 Billion		 +5.32%
2014-12-31 CHF10.67 Billion
≈ $13.49 Billion		 +11.49%
2013-12-31 CHF9.57 Billion
≈ $12.10 Billion		 +2.46%
2012-12-31 CHF9.34 Billion
≈ $11.81 Billion		 +15.77%
2011-12-31 CHF8.07 Billion
≈ $10.20 Billion		 +13.66%
2010-12-31 CHF7.10 Billion
≈ $8.98 Billion		 +18.73%
2009-12-31 CHF5.98 Billion
≈ $7.56 Billion		 +9.72%
2008-12-31 CHF5.45 Billion
≈ $6.89 Billion		 +2.29%
2007-12-31 CHF5.33 Billion
≈ $6.74 Billion		 +7.29%
2006-12-31 CHF4.97 Billion
≈ $6.28 Billion		 +7.91%
2005-12-31 CHF4.60 Billion
≈ $5.82 Billion		 +7.65%
2004-12-31 CHF4.28 Billion
≈ $5.41 Billion		 +6.47%
2003-12-31 CHF4.02 Billion
≈ $5.08 Billion		 +12.94%
2002-12-31 CHF3.56 Billion
≈ $4.50 Billion		 +8.41%
2001-12-31 CHF3.28 Billion
≈ $4.15 Billion		 +3.34%
2000-12-31 CHF3.17 Billion
≈ $4.01 Billion		 +10.52%
1999-12-31 CHF2.87 Billion
≈ $3.63 Billion		 -3.82%
1998-12-31 CHF2.99 Billion
≈ $3.78 Billion		 +6.15%
1997-12-31 CHF2.81 Billion
≈ $3.56 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to The Swatch Group 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 847.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings CHF15.04 Billion 130.12%
Common Stock CHF118.00 Million 1.02%
Other Comprehensive Income CHF-3.52 Billion -30.44%
Total Equity CHF11.56 Billion 100.00%

The Swatch Group AG Competitors by Market Cap

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

Company Market Cap
Fibra UNO
MX:FUNO11
 $6.57 Billion
Dillard's, Inc.
NYSE:DDS
 $6.58 Billion
PGE Polska Grupa Energetyczna SA
WAR:PGE
 $6.58 Billion
Tsingtao Brewery Co Ltd
SHG:600600
 $6.58 Billion
Oberoi Realty Limited
NSE:OBEROIRLTY
 $6.57 Billion
Essential Properties Realty Trust Inc
NYSE:EPRT
 $6.56 Billion
Avis Budget Group Inc
NASDAQ:CAR
 $6.55 Billion
Informatica Inc
NYSE:INFA
 $6.55 Billion

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 12,112,000,000 to 11,561,000,000, a change of -551,000,000 (-4.5%).
  • Net income of 3,000,000 contributed positively to equity growth.
  • Dividend payments of 234,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 371,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income CHF3.00 Million +0.03%
Dividends Paid CHF234.00 Million -2.02%
Other Comprehensive Income CHF-371.00 Million -3.21%
Other Changes CHF51.00 Million +0.44%
Total Change CHF- -4.55%

Book Value vs Market Value Analysis

This analysis compares The Swatch Group 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: 0.81x
  • 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 3.93x to 0.81x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1997-12-31 CHF46.04 CHF180.75 x
1998-12-31 CHF45.25 CHF180.75 x
1999-12-31 CHF45.59 CHF180.75 x
2000-12-31 CHF51.99 CHF180.75 x
2001-12-31 CHF54.72 CHF180.75 x
2002-12-31 CHF59.53 CHF180.75 x
2003-12-31 CHF67.35 CHF180.75 x
2004-12-31 CHF71.64 CHF180.75 x
2005-12-31 CHF77.00 CHF180.75 x
2006-12-31 CHF83.35 CHF180.75 x
2007-12-31 CHF89.27 CHF180.75 x
2008-12-31 CHF91.39 CHF180.75 x
2009-12-31 CHF100.28 CHF180.75 x
2010-12-31 CHF119.15 CHF180.75 x
2011-12-31 CHF135.41 CHF180.75 x
2012-12-31 CHF156.77 CHF180.75 x
2013-12-31 CHF159.85 CHF180.75 x
2014-12-31 CHF177.92 CHF180.75 x
2015-12-31 CHF202.25 CHF180.75 x
2016-12-31 CHF206.40 CHF180.75 x
2017-12-31 CHF212.52 CHF180.75 x
2018-12-31 CHF216.36 CHF180.75 x
2019-12-31 CHF220.94 CHF180.75 x
2020-12-31 CHF210.48 CHF180.75 x
2021-12-31 CHF222.75 CHF180.75 x
2022-12-31 CHF231.21 CHF180.75 x
2023-12-31 CHF235.24 CHF180.75 x
2024-12-31 CHF234.33 CHF180.75 x
2025-12-31 CHF222.74 CHF180.75 x

Capital Efficiency Dashboard

This dashboard shows how efficiently The Swatch Group 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): 0.03%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.05%
  • • Asset Turnover: 0.47x
  • • Equity Multiplier: 1.16x
  • Recent ROE (0.03%) is below the historical average (11.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1997 11.77% 11.08% 0.82x 1.30x CHF49.50 Million
1998 12.00% 11.21% 0.76x 1.40x CHF59.60 Million
1999 15.50% 12.54% 0.79x 1.57x CHF156.40 Million
2000 20.63% 15.76% 0.92x 1.42x CHF335.40 Million
2001 15.46% 12.45% 0.87x 1.43x CHF177.90 Million
2002 13.95% 12.56% 0.82x 1.35x CHF139.90 Million
2003 12.28% 12.80% 0.68x 1.40x CHF91.40 Million
2004 12.02% 12.86% 0.66x 1.41x CHF85.90 Million
2005 13.41% 14.31% 0.65x 1.44x CHF156.00 Million
2006 16.68% 17.16% 0.70x 1.39x CHF331.20 Million
2007 19.04% 17.91% 0.76x 1.40x CHF480.00 Million
2008 15.34% 14.69% 0.78x 1.33x CHF290.40 Million
2009 12.72% 14.76% 0.67x 1.29x CHF162.50 Million
2010 15.15% 17.58% 0.71x 1.22x CHF365.30 Million
2011 15.76% 18.76% 0.69x 1.22x CHF463.60 Million
2012 17.16% 20.52% 0.69x 1.20x CHF667.50 Million
2013 20.20% 22.72% 0.73x 1.22x CHF970.20 Million
2014 13.08% 15.89% 0.68x 1.20x CHF325.70 Million
2015 9.78% 12.89% 0.64x 1.19x CHF-25.00 Million
2016 5.22% 7.60% 0.58x 1.19x CHF-524.70 Million
2017 6.54% 9.18% 0.59x 1.20x CHF-387.10 Million
2018 7.55% 9.97% 0.62x 1.22x CHF-273.50 Million
2019 6.40% 8.86% 0.60x 1.20x CHF-410.50 Million
2020 -0.47% -0.91% 0.43x 1.18x CHF-1.14 Billion
2021 6.63% 10.46% 0.53x 1.19x CHF-389.00 Million
2022 6.73% 10.76% 0.54x 1.16x CHF-391.50 Million
2023 7.12% 11.02% 0.55x 1.17x CHF-350.70 Million
2024 1.59% 2.87% 0.48x 1.16x CHF-1.02 Billion
2025 0.03% 0.05% 0.47x 1.16x CHF-1.15 Billion

Industry Comparison

This section compares The Swatch Group AG's net assets metrics with peer companies in the Luxury Goods industry.

Industry Context

  • Industry: Luxury Goods
  • Average net assets among peers: $15,256,000,000
  • Average return on equity (ROE) among peers: 4.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
The Swatch Group AG (UHR) CHF11.65 Billion 11.77% 0.15x $6.57 Billion
Compagnie Financière Richemont SA (CFR) $19.02 Billion 1.65% 1.15x $93.28 Billion
Swatch Group AG Class N (UHRN) $11.49 Billion 6.35% 0.19x $5.27 Billion

About The Swatch Group AG

SW:UHR Switzerland Luxury Goods
Market Cap
$6.57 Billion
CHF5.19 Billion CHF
Market Cap Rank
#3003 Global
#45 in Switzerland
Share Price
CHF180.75
Change (1 day)
+0.75%
52-Week Range
CHF128.45 - CHF201.90
All Time High
CHF427.71
Categories
Companies in Switzerland Luxury Goods
About

The Swatch Group AG designs, manufactures, and sells finished watches, jewelry, and watch movements and components in Switzerland, rest of Europe, Greater China, rest of Asia, America, Oceania, and Africa. It operates through Watches & Jewelry and Electronic Systems segments. The Watches & Jewelry segment designs, produces, and commercializes watches and jewelry. Its Electronic Systems segment en… Read more