Shelly Group SE (SLYG) - Net Assets
Based on the latest financial reports, Shelly Group SE (SLYG) has net assets worth €114.78 Million EUR (≈ $134.18 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 (€139.93 Million ≈ $163.59 Million USD) and total liabilities (€25.15 Million ≈ $29.40 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. Check Shelly Group SE tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €114.78 Million |
| % of Total Assets | 82.03% |
| Annual Growth Rate | 33.51% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.68 |
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. See how many days can Shelly Group SE fund operations to measure how many days the company can operate on defensive assets alone.
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 cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €208.14 Million ≈ $243.34 Million |
+39.99% |
| 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 327.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €168.06 Million | 80.72% |
| Other Components | €40.14 Million | 19.28% |
| Total Equity | €208.19 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 |
|---|---|
|
Société de Services de Participations de Direction et d'Elaboration
BR:SPA
|
$1.08 Billion |
|
Loma Negra Compañía Industrial Argentina Sociedad Anónima
F:8LN
|
$1.08 Billion |
|
Marten Transport Ltd
NASDAQ:MRTN
|
$1.08 Billion |
|
Blue Square Real Estate Ltd
TA:BLSR
|
$1.08 Billion |
|
Jihua Group Corp Ltd
SHG:601718
|
$1.08 Billion |
|
CAP S.A
SN:CAP
|
$1.08 Billion |
|
Fujian Aonong Biological Technology Group Incorporation Ltd
SHG:603363
|
$1.08 Billion |
|
Guangzhou Ruoyuchen Information Tec
SHE:003010
|
$1.08 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 208,195,000, a change of 58,988,000 (39.5%).
- Net income of 24,992,374 contributed positively to equity growth.
- Dividend payments of 2,344,404 reduced retained earnings.
- New share issuances of 26,485 increased equity.
- Other factors increased equity by 36,313,545.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €24.99 Million | +12.0% |
| Dividends Paid | €2.34 Million | -1.13% |
| Share Issuances | €26.48K | +0.01% |
| Other Changes | €36.31 Million | +17.44% |
| Total Change | €- | 39.53% |
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: 5.28x
- 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 16.63x to 5.28x 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 | €60.50 | x |
| 2022-12-31 | €4.40 | €60.50 | x |
| 2023-12-31 | €6.13 | €60.50 | x |
| 2024-12-31 | €8.25 | €60.50 | x |
| 2025-12-31 | €11.47 | €60.50 | 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): 12.00%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.75%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.27x
- Recent ROE (12.00%) is below the historical average (23.77%), 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 | 12.00% | 16.75% | 0.57x | 1.27x | €4.17 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: $350,769,521,000
- Average return on equity (ROE) among peers: 5.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shelly Group SE (SLYG) | €114.78 Million | 24.26% | 0.22x | $1.08 Billion |
| CK HUTCHISON HLDGS ADR 1 (2CKA) | $647.31 Billion | 5.67% | 0.77x | $26.54 Billion |
| NRW Holdings Limited (3NR) | $652.56 Million | 16.11% | 1.47x | $1.52 Billion |
| Orbia Advance Corporation S.A.B. de C.V (4FZ) | $2.65 Billion | -17.28% | 3.19x | $2.11 Billion |
| Sumitomo Mitsui Construction Co. Ltd (72S) | $48.14 Billion | 20.57% | 5.10x | $505.15 Million |
| Pampa Energía S.A (9PAA) | $1.79 Billion | 15.23% | 1.16x | $3.74 Billion |
| ASAHI KASEI CORP. ADR/2 (ASA) | $1.85 Trillion | 2.37% | 0.98x | $11.73 Billion |
| BayWa Aktiengesellschaft (BYW) | $1.71 Billion | -5.73% | 6.31x | $34.50 Million |
| BayWa AG vNa (BYW6) | $617.13 Million | 8.09% | 2.81x | $175.44 Million |
| HPI AG (CEW3) | $9.52 Million | 2.28% | 2.05x | $215.77K |
| CITIC LTD. ADR/5 HD-40 (CPF0) | $956.20 Billion | 6.00% | 8.14x | $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