Mutares SE & Co. KGaA (MUX) - Net Assets
Based on the latest financial reports, Mutares SE & Co. KGaA (MUX) has net assets worth €738.40 Million EUR (≈ $863.27 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.66 Billion ≈ $6.61 Billion USD) and total liabilities (€4.92 Billion ≈ $5.75 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 strategic asset allocation of Mutares SE & Co. KGaA to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €738.40 Million |
| % of Total Assets | 13.05% |
| Annual Growth Rate | 40.47% |
| 5-Year Change | -22.95% |
| 10-Year Change | 892.32% |
| Growth Volatility | 643.73 |
Mutares SE & Co. KGaA - Net Assets Trend (2008–2025)
This chart illustrates how Mutares SE & Co. KGaA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see MUX company net worth.
Annual Net Assets for Mutares SE & Co. KGaA (2008–2025)
The table below shows the annual net assets of Mutares SE & Co. KGaA from 2008 to 2025. Also explore Mutares SE & Co. KGaA (MUX) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €567.40 Million ≈ $663.35 Million |
-15.53% |
| 2024-12-31 | €671.70 Million ≈ $785.29 Million |
-40.01% |
| 2023-12-31 | €1.12 Billion ≈ $1.31 Billion |
+56.78% |
| 2022-12-31 | €714.10 Million ≈ $834.86 Million |
-3.03% |
| 2021-12-31 | €736.40 Million ≈ $860.93 Million |
+255.41% |
| 2020-12-31 | €207.20 Million ≈ $242.24 Million |
-0.48% |
| 2019-12-31 | €208.20 Million ≈ $243.41 Million |
+0.05% |
| 2018-12-31 | €208.10 Million ≈ $243.29 Million |
+25.74% |
| 2017-12-31 | €165.50 Million ≈ $193.49 Million |
+189.44% |
| 2016-12-31 | €57.18 Million ≈ $66.85 Million |
-21.96% |
| 2015-12-31 | €73.27 Million ≈ $85.66 Million |
+44.64% |
| 2014-12-31 | €50.66 Million ≈ $59.22 Million |
+33.74% |
| 2013-12-31 | €37.88 Million ≈ $44.28 Million |
-24.12% |
| 2012-12-31 | €49.92 Million ≈ $58.36 Million |
+21.33% |
| 2011-12-31 | €41.14 Million ≈ $48.10 Million |
+28.46% |
| 2010-12-31 | €32.03 Million ≈ $37.44 Million |
-36.03% |
| 2009-12-31 | €50.07 Million ≈ $58.54 Million |
+2749.11% |
| 2008-12-31 | €1.76 Million ≈ $2.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Mutares SE & Co. KGaA'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 85789.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €429.20 Million | 71.37% |
| Common Stock | €21.30 Million | 3.54% |
| Other Comprehensive Income | €10.80 Million | 1.80% |
| Other Components | €140.10 Million | 23.30% |
| Total Equity | €601.40 Million | 100.00% |
Mutares SE & Co. KGaA Competitors by Market Cap
The table below lists competitors of Mutares SE & Co. KGaA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ningbo Baosi Energy Equipment Co Ltd
SHE:300441
|
$661.03 Million |
|
Nanjing Doron Technology Corp
SHG:603528
|
$661.12 Million |
|
Ta Ann Holdings Bhd
KLSE:5012
|
$661.30 Million |
|
Syarikat Takaful Malaysia Bhd
KLSE:6139
|
$661.31 Million |
|
RoboStrategy, Inc. Common Stock
NASDAQ:BOT
|
$660.89 Million |
|
Wuxi Xinhongtai ElecTech
SHG:603016
|
$660.82 Million |
|
Anhui Genuine New Materials Co Ltd
SHG:603429
|
$660.81 Million |
|
Jiangsu Kuangshun Photosensitivity New-Material Stock Co Ltd
SHE:300537
|
$660.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mutares SE & Co. KGaA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 679,000,000 to 601,400,000, a change of -77,600,000 (-11.4%).
- Net income of 307,600,000 contributed positively to equity growth.
- Dividend payments of 42,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 21,300,000.
- Other factors decreased equity by 321,200,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €307.60 Million | +51.15% |
| Dividends Paid | €42.70 Million | -7.1% |
| Other Comprehensive Income | €-21.30 Million | -3.54% |
| Other Changes | €-321.20 Million | -53.41% |
| Total Change | €- | -11.43% |
Book Value vs Market Value Analysis
This analysis compares Mutares SE & Co. KGaA'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: 0.93x
- 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 367.61x to 0.93x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | €0.07 | €25.80 | x |
| 2009-12-31 | €1.95 | €25.80 | x |
| 2010-12-31 | €2.63 | €25.80 | x |
| 2011-12-31 | €3.38 | €25.80 | x |
| 2012-12-31 | €4.10 | €25.80 | x |
| 2013-12-31 | €3.11 | €25.80 | x |
| 2014-12-31 | €3.62 | €25.80 | x |
| 2015-12-31 | €4.72 | €25.80 | x |
| 2016-12-31 | €3.66 | €25.80 | x |
| 2017-12-31 | €10.74 | €25.80 | x |
| 2018-12-31 | €11.78 | €25.80 | x |
| 2019-12-31 | €11.46 | €25.80 | x |
| 2020-12-31 | €11.81 | €25.80 | x |
| 2021-12-31 | €43.10 | €25.80 | x |
| 2022-12-31 | €34.55 | €25.80 | x |
| 2023-12-31 | €49.58 | €25.80 | x |
| 2024-12-31 | €31.91 | €25.80 | x |
| 2025-12-31 | €27.61 | €25.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mutares SE & Co. KGaA 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): 51.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.39%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 8.62x
- Recent ROE (51.15%) is above the historical average (19.31%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 60.17% | 9.33% | 0.49x | 13.27x | €428.37K |
| 2009 | 17.14% | 6.69% | 0.58x | 4.45x | €1.69 Million |
| 2010 | 25.90% | 6.50% | 1.27x | 3.13x | €5.09 Million |
| 2011 | 20.97% | 5.42% | 1.07x | 3.61x | €4.51 Million |
| 2013 | -20.77% | -2.26% | 1.04x | 8.82x | €-11.66 Million |
| 2014 | 16.77% | 1.31% | 1.62x | 7.93x | €3.44 Million |
| 2015 | 10.91% | 1.16% | 1.65x | 5.70x | €663.06K |
| 2016 | 47.31% | 4.14% | 1.37x | 8.35x | €21.14 Million |
| 2017 | 26.56% | 4.91% | 1.34x | 4.04x | €27.56 Million |
| 2018 | 8.14% | 1.70% | 1.37x | 3.49x | €-3.37 Million |
| 2019 | 11.23% | 2.05% | 1.20x | 4.58x | €2.27 Million |
| 2020 | 14.24% | 1.71% | 1.19x | 6.97x | €8.07 Million |
| 2021 | 62.26% | 17.93% | 0.98x | 3.55x | €376.88 Million |
| 2022 | -0.94% | -0.18% | 1.24x | 4.25x | €-77.97 Million |
| 2023 | 37.14% | 8.47% | 1.08x | 4.07x | €290.17 Million |
| 2024 | -59.84% | -7.72% | 1.20x | 6.44x | €-474.20 Million |
| 2025 | 51.15% | 6.39% | 0.93x | 8.62x | €247.46 Million |
Industry Comparison
This section compares Mutares SE & Co. KGaA's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $21,819,612,407
- Average return on equity (ROE) among peers: -13.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mutares SE & Co. KGaA (MUX) | €738.40 Million | 60.17% | 6.66x | $660.94 Million |
| China Cinda Asset Management Co., Ltd. (0CI) | $217.16 Billion | 2.68% | 6.34x | $1.46 Billion |
| Quinsam Capital Corporation (0Q4) | $14.57 Million | -106.45% | 0.02x | $2.01 Million |
| tokentus investment AG (14D) | $2.19 Million | -21.54% | 0.09x | $6.55 Million |
| TEAM PLC (1WQ) | $8.66 Million | -17.60% | 0.49x | $18.21 Million |
| CARLSON INV. ZY 13 (2HB) | $15.93 Million | -9.09% | 0.28x | $4.61 Million |
| JTC PLC LS-01 (2N9) | $533.94 Million | -1.36% | 0.91x | $2.65 Billion |
| Rostra AG (3330) | $0.00 | 0.00% | 0.00x | $8.82 Million |
| HELIOS FAIRFAX PARTNERS (3UD) | $415.94 Million | -14.13% | 0.05x | $105.95 Million |
| ALEXANDRIA PANKKIIRILIIKE (3ZL) | $34.31 Million | 23.48% | 0.31x | $157.84 Million |
| HAMILTON GLB.OPP.LS-0001 (5DS) | $14.39 Million | 9.30% | 0.04x | $24.13 Million |
About Mutares SE & Co. KGaA
Mutares SE & Co. KGaA is a private equity firm specializing in investments in secondary direct, special situations, bridge financing, recapitalization, distressed/vulture, management succession, reorganization, carve-outs, turnarounds, spin-offs and re-funding. It also considers co-investments. The firm typically acquires small and medium-sized companies. It also focuses on platform and add-on ac… Read more