Shelly Group SE (SLYG) - Net Assets
Based on the latest financial reports, Shelly Group SE (SLYG) has net assets worth €224.48 Million EUR (≈ $262.44 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€273.67 Million ≈ $319.95 Million USD) and total liabilities (€49.19 Million ≈ $57.51 Million 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. Also explore balance sheet size of Shelly Group SE for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €224.48 Million |
| % of Total Assets | 82.03% |
| Annual Growth Rate | 33.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.85 |
Shelly Group SE - Net Assets Trend (2021–2025)
This chart illustrates how Shelly Group SE's net assets have evolved over time, based on quarterly financial data. Check Shelly Group SE tangible equity quality to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Shelly Group SE (2021–2025)
The table below shows the annual net assets of Shelly Group SE from 2021 to 2025. For live valuation and market cap data, see Shelly Group SE market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €209.33 Million ≈ $244.73 Million |
+40.80% |
| 2024-12-31 | €148.68 Million ≈ $173.82 Million |
+35.65% |
| 2023-12-31 | €109.60 Million ≈ $128.14 Million |
+38.61% |
| 2022-12-31 | €79.07 Million ≈ $92.44 Million |
+20.72% |
| 2021-12-31 | €65.50 Million ≈ $76.58 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Shelly Group SE'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 326.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €167.80 Million | 80.14% |
| Common Stock | €18.16 Million | 8.67% |
| Other Comprehensive Income | €18.02 Million | 8.61% |
| Other Components | €5.40 Million | 2.58% |
| Total Equity | €209.38 Million | 100.00% |
Shelly Group SE Competitors by Market Cap
The table below lists competitors of Shelly Group SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sopharma AD
WAR:SPH
|
$1.03 Billion |
|
Intracom Constructions Societe Anonyme Technical and Steel Constructions
AT:INKAT
|
$1.03 Billion |
|
Shanxi Sanwei Group Co Ltd
SHE:000755
|
$1.03 Billion |
|
Procept Biorobotics Corp
NASDAQ:PRCT
|
$1.03 Billion |
|
Zhongnanhong Culture Group Co Ltd
SHE:002445
|
$1.03 Billion |
|
Teekay Corporation
NYSE:TK
|
$1.03 Billion |
|
Shanghai Industrial Development Co Ltd
SHG:600748
|
$1.03 Billion |
|
Metals X Ltd
AU:MLX
|
$1.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shelly Group SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 149,207,000 to 209,381,971, a change of 60,174,971 (40.3%).
- Net income of 49,063,667 contributed positively to equity growth.
- Dividend payments of 4,602,404 reduced retained earnings.
- New share issuances of 26,485 increased equity.
- Other comprehensive income increased equity by 18,022,169.
- Other factors decreased equity by 2,334,946.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €49.06 Million | +23.43% |
| Dividends Paid | €4.60 Million | -2.2% |
| Share Issuances | €26.48K | +0.01% |
| Other Comprehensive Income | €18.02 Million | +8.61% |
| Other Changes | €-2.33 Million | -1.12% |
| Total Change | €- | 40.33% |
Book Value vs Market Value Analysis
This analysis compares Shelly Group SE'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: 5.71x
- 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 18.14x to 5.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €3.64 | €66.00 | x |
| 2022-12-31 | €4.40 | €66.00 | x |
| 2023-12-31 | €6.13 | €66.00 | x |
| 2024-12-31 | €8.25 | €66.00 | x |
| 2025-12-31 | €11.56 | €66.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shelly Group SE 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): 23.43%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.75%
- • Asset Turnover: 1.12x
- • Equity Multiplier: 1.24x
- Recent ROE (23.43%) is below the historical average (26.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 24.26% | 26.71% | 0.82x | 1.11x | €9.34 Million |
| 2022 | 22.05% | 18.71% | 1.05x | 1.12x | €9.53 Million |
| 2023 | 30.43% | 22.92% | 1.15x | 1.16x | €22.56 Million |
| 2024 | 30.12% | 21.53% | 1.16x | 1.21x | €30.01 Million |
| 2025 | 23.43% | 16.75% | 1.12x | 1.24x | €28.13 Million |
Industry Comparison
This section compares Shelly Group SE's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $410,616,293,200
- Average return on equity (ROE) among peers: 3.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shelly Group SE (SLYG) | €224.48 Million | 24.26% | 0.22x | $1.03 Billion |
| CK HUTCHISON HLDGS ADR 1 (2CKA) | $688.39 Billion | 1.72% | 0.68x | $26.54 Billion |
| NRW Holdings Limited (3NR) | $291.45 Million | 11.07% | 1.02x | $1.52 Billion |
| Orbia Advance Corporation S.A.B. de C.V (4FZ) | $3.40 Billion | 19.30% | 2.11x | $2.11 Billion |
| Sumitomo Mitsui Construction Co. Ltd (72S) | $77.16 Billion | 5.19% | 4.33x | $505.15 Million |
| Pampa Energía S.A (9PAA) | $148.88 Billion | -21.12% | 1.76x | $3.74 Billion |
| ASAHI KASEI CORP. ADR/2 (ASA) | $1.85 Trillion | 2.37% | 0.98x | $11.73 Billion |
| BayWa Aktiengesellschaft (BYW) | $1.44 Billion | 2.74% | 3.52x | $29.57 Million |
| BayWa AG vNa (BYW6) | $1.18 Billion | 8.31% | 3.24x | $175.44 Million |
| HPI AG (CEW3) | $9.52 Million | 2.28% | 2.05x | $215.77K |
| CITIC LTD. ADR/5 HD-40 (CPF0) | $1.34 Trillion | 4.31% | 7.48x | $39.45 Billion |
About Shelly Group SE
Shelly Group SE, together with its subsidiaries, engages in the acquisition, management, evaluation, and sale of interests in Bulgaria and internationally. It is also involved in the acquisition, management, and sale of bonds; acquisition, evaluation and sale of patents; assignment of licenses for the use of patents; financing of companies. The company was founded in 2010 and is headquartered in … Read more