Renk Group AG
RENK Group AG engages in the design, engineering, production, testing, and servicing of customized drive systems in Germany and internationally. The company operates through three segments: Vehicle Mobility Solutions, Marine & Industry, and Slide Bearings. It offers single and dual engine gearboxes; marine gearboxes, clutches, and bearings; shaft generators; hybrid and electric, and onboard power… Read more
Renk Group AG (R3NK) - Net Assets
Latest net assets as of September 2025: €436.52 Million EUR
Based on the latest financial reports, Renk Group AG (R3NK) has net assets worth €436.52 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.66 Billion) and total liabilities (€1.22 Billion). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €436.52 Million |
| % of Total Assets | 26.36% |
| Annual Growth Rate | 21.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 18.28 |
Renk Group AG - Net Assets Trend (2020–2024)
This chart illustrates how Renk Group AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Renk Group AG (2020–2024)
The table below shows the annual net assets of Renk Group AG from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €446.67 Million | +10.59% |
| 2023-12-31 | €403.90 Million | +24.46% |
| 2022-12-31 | €324.51 Million | +5.26% |
| 2021-12-31 | €308.29 Million | +52.42% |
| 2020-12-31 | €202.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Renk 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 15722400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €134.91 Million | 30.60% |
| Common Stock | €100.00 Million | 22.68% |
| Other Comprehensive Income | €33.33 Million | 7.56% |
| Other Components | €172.67 Million | 39.16% |
| Total Equity | €440.91 Million | 100.00% |
Renk Group AG Competitors by Market Cap
The table below lists competitors of Renk Group AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shandong Himile Mechanical Science & Technology Co Ltd
SHE:002595
|
$4.13 Billion |
|
Shenzhen Woer Heat-Shrinkable Material Co Ltd
SHE:002130
|
$4.13 Billion |
|
MDU Resources Group Inc
NYSE:MDU
|
$4.13 Billion |
|
Quebecor Inc
PINK:QBCRF
|
$4.13 Billion |
|
Metsera, Inc. Common Stock
NASDAQ:MTSR
|
$4.12 Billion |
|
Brinks Company
NYSE:BCO
|
$4.12 Billion |
|
Andritz AG
PINK:ADRZF
|
$4.12 Billion |
|
China Merchants Shekou Industrial Zone Holdings
SHE:001979
|
$4.12 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Renk Group AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 403,817,000 to 440,914,000, a change of 37,097,000 (9.2%).
- Net income of 53,323,000 contributed positively to equity growth.
- Dividend payments of 30,022,000 reduced retained earnings.
- Other comprehensive income increased equity by 10,849,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €53.32 Million | +12.09% |
| Dividends Paid | €30.02 Million | -6.81% |
| Other Comprehensive Income | €10.85 Million | +2.46% |
| Other Changes | €2.95 Million | +0.67% |
| Total Change | €- | 9.19% |
Book Value vs Market Value Analysis
This analysis compares Renk 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: 13.00x
- 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 decreased from 28.31x to 13.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €2.02 | €57.27 | x |
| 2021-12-31 | €3.08 | €57.27 | x |
| 2022-12-31 | €3.25 | €57.27 | x |
| 2023-12-31 | €4.04 | €57.27 | x |
| 2024-12-31 | €4.40 | €57.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Renk 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): 12.09%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.68%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 3.60x
- Recent ROE (12.09%) is above the historical average (2.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -10.05% | -13.11% | 0.13x | 6.04x | €-40.55 Million |
| 2021 | -0.28% | -0.13% | 0.49x | 4.60x | €-31.71 Million |
| 2022 | 4.97% | 1.90% | 0.57x | 4.57x | €-16.33 Million |
| 2023 | 8.00% | 3.49% | 0.61x | 3.78x | €-8.07 Million |
| 2024 | 12.09% | 4.68% | 0.72x | 3.60x | €9.23 Million |
Industry Comparison
This section compares Renk Group AG's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $537,600,052
- Average return on equity (ROE) among peers: -17.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Renk Group AG (R3NK) | €436.52 Million | -10.05% | 2.79x | $4.12 Billion |
| Savosolar Oyj (5J4) | $3.65 Million | -155.00% | 0.77x | $1.12 Million |
| Genesis Scale Holdings Limited (92N0) | $1.62 Billion | -4.20% | 0.22x | $20.32 Million |
| Cohort plc (C7K) | $73.99 Million | 4.96% | 0.58x | $524.38 Million |
| Porto Aviation Group S.p.A. (M2N) | $3.20 Million | 6.21% | 0.77x | $108.41K |
| OHB SE (OHB) | $252.62 Million | 10.89% | 2.80x | $186.64 Million |
| SPIRIT AERO HLDG-A (S9Q) | $1.80 Billion | 19.70% | 1.92x | $3.48 Billion |
| AS Rigas kugu buvetava (UW3) | $11.24 Million | -7.33% | 0.68x | $2.10 Million |