SM Wirtschaftsberatungs AG
SM Wirtschaftsberatungs AG engages in the real estate and investment businesses in Germany. The company was founded in 1996 and is based in Sindelfingen, Germany. SM Wirtschaftsberatungs AG is a subsidiary of RCM Beteiligungs AG.
SM Wirtschaftsberatungs AG (SMWN) - Net Assets
Latest net assets as of June 2025: €18.13 Million EUR
Based on the latest financial reports, SM Wirtschaftsberatungs AG (SMWN) has net assets worth €18.13 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€24.09 Million) and total liabilities (€5.97 Million). 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 | €18.13 Million |
| % of Total Assets | 75.24% |
| Annual Growth Rate | 8.72% |
| 5-Year Change | -6.91% |
| 10-Year Change | 141.09% |
| Growth Volatility | 63.52 |
SM Wirtschaftsberatungs AG - Net Assets Trend (1998–2024)
This chart illustrates how SM Wirtschaftsberatungs 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 SM Wirtschaftsberatungs AG (1998–2024)
The table below shows the annual net assets of SM Wirtschaftsberatungs AG from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €15.75 Million | -4.08% |
| 2023-12-31 | €16.42 Million | -7.00% |
| 2022-12-31 | €17.66 Million | +2.27% |
| 2021-12-31 | €17.26 Million | +2.02% |
| 2020-12-31 | €16.92 Million | +2.55% |
| 2019-12-31 | €16.50 Million | +5.25% |
| 2018-12-31 | €15.68 Million | +12.92% |
| 2017-12-31 | €13.88 Million | +89.98% |
| 2016-12-31 | €7.31 Million | +11.86% |
| 2015-12-31 | €6.53 Million | +11.23% |
| 2014-12-31 | €5.87 Million | -8.22% |
| 2013-12-31 | €6.40 Million | +7.88% |
| 2012-12-31 | €5.93 Million | -4.27% |
| 2011-12-31 | €6.20 Million | -18.84% |
| 2010-12-31 | €7.64 Million | +1.84% |
| 2009-12-31 | €7.50 Million | +7.73% |
| 2008-12-31 | €6.96 Million | -42.56% |
| 2007-12-31 | €12.12 Million | +19.73% |
| 2006-12-31 | €10.12 Million | +24.78% |
| 2005-12-31 | €8.11 Million | +4.38% |
| 2004-12-31 | €7.77 Million | -20.80% |
| 2003-12-31 | €9.81 Million | -21.14% |
| 2002-12-31 | €12.44 Million | -2.66% |
| 2001-12-31 | €12.78 Million | +13.30% |
| 2000-12-31 | €11.28 Million | +53.26% |
| 1999-12-31 | €7.36 Million | +311.17% |
| 1998-12-31 | €1.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SM Wirtschaftsberatungs 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 461.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.32 Million | 27.43% |
| Common Stock | €3.98 Million | 25.27% |
| Other Components | €7.45 Million | 47.31% |
| Total Equity | €15.75 Million | 100.00% |
SM Wirtschaftsberatungs AG Competitors by Market Cap
The table below lists competitors of SM Wirtschaftsberatungs AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
0NAS
LSE:0NAS
|
$4.57 Million |
|
Royal Energy Resources Inc
PINK:ROYE
|
$4.58 Million |
|
MCGRAW HILL FIN
BE:MHL
|
$4.58 Million |
|
Privasia Technology Bhd
KLSE:0123
|
$4.58 Million |
|
LIGHT UP TOTAL SOLUTION COMPANY LIMITED
BK:LTS
|
$4.57 Million |
|
Ari Real Estate Arena Investment Ltd
TA:ARIN
|
$4.57 Million |
|
SemiLEDS Corporation
NASDAQ:LEDS
|
$4.57 Million |
|
Smoltek Nanotech Holding AB
F:GY9
|
$4.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SM Wirtschaftsberatungs AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,218,775 to 15,751,912, a change of -466,863 (-2.9%).
- Net income of 2,039,133 contributed positively to equity growth.
- Other comprehensive income decreased equity by 944,162.
- Other factors decreased equity by 1,561,834.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.04 Million | +12.95% |
| Other Comprehensive Income | €-944.16K | -5.99% |
| Other Changes | €-1.56 Million | -9.92% |
| Total Change | €- | -2.88% |
Book Value vs Market Value Analysis
This analysis compares SM Wirtschaftsberatungs 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: 1.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.48x to 1.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | €0.77 | €5.00 | x |
| 1999-12-31 | €3.04 | €5.00 | x |
| 2000-12-31 | €4.51 | €5.00 | x |
| 2001-12-31 | €6.03 | €5.00 | x |
| 2002-12-31 | €3.66 | €5.00 | x |
| 2003-12-31 | €3.08 | €5.00 | x |
| 2004-12-31 | €2.47 | €5.00 | x |
| 2005-12-31 | €2.61 | €5.00 | x |
| 2006-12-31 | €3.46 | €5.00 | x |
| 2007-12-31 | €4.50 | €5.00 | x |
| 2008-12-31 | €2.55 | €5.00 | x |
| 2009-12-31 | €2.45 | €5.00 | x |
| 2010-12-31 | €2.62 | €5.00 | x |
| 2011-12-31 | €2.13 | €5.00 | x |
| 2012-12-31 | €2.01 | €5.00 | x |
| 2013-12-31 | €2.17 | €5.00 | x |
| 2014-12-31 | €1.99 | €5.00 | x |
| 2015-12-31 | €2.21 | €5.00 | x |
| 2016-12-31 | €2.48 | €5.00 | x |
| 2017-12-31 | €3.49 | €5.00 | x |
| 2018-12-31 | €3.94 | €5.00 | x |
| 2019-12-31 | €4.15 | €5.00 | x |
| 2020-12-31 | €4.25 | €5.00 | x |
| 2021-12-31 | €4.34 | €5.00 | x |
| 2022-12-31 | €4.41 | €5.00 | x |
| 2023-12-31 | €4.08 | €5.00 | x |
| 2024-12-31 | €3.96 | €5.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SM Wirtschaftsberatungs 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): 12.95%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 613.00%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.13x
- Recent ROE (12.95%) is above the historical average (6.57%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 31.28% | 30.11% | 0.20x | 5.20x | €381.00K |
| 1999 | 18.61% | 20.03% | 0.47x | 1.99x | €634.00K |
| 2000 | 5.50% | 12.16% | 0.22x | 2.06x | €-508.00K |
| 2001 | 8.61% | 68.75% | 0.06x | 2.19x | €-178.00K |
| 2002 | 4.18% | 16.51% | 0.11x | 2.37x | €-724.00K |
| 2003 | -23.45% | -294.87% | 0.04x | 2.22x | €-3.28 Million |
| 2004 | -1.80% | -3.07% | 0.21x | 2.78x | €-917.00K |
| 2005 | 15.66% | 37.24% | 0.13x | 3.12x | €459.00K |
| 2006 | 40.57% | 36.79% | 0.39x | 2.81x | €3.10 Million |
| 2007 | 66.31% | 137.06% | 0.21x | 2.29x | €6.82 Million |
| 2008 | -58.78% | -121.12% | 0.12x | 4.16x | €-4.79 Million |
| 2009 | -12.81% | -23.17% | 0.15x | 3.72x | €-1.71 Million |
| 2010 | 12.78% | 7.27% | 0.65x | 2.73x | €212.00K |
| 2011 | -23.22% | -33.81% | 0.18x | 3.78x | €-2.06 Million |
| 2012 | -7.46% | -7.86% | 0.28x | 3.42x | €-1.04 Million |
| 2013 | 11.92% | 14.70% | 0.27x | 2.95x | €122.58K |
| 2014 | 3.61% | 7.61% | 0.16x | 2.91x | €-375.61K |
| 2015 | 12.81% | 12.42% | 0.41x | 2.51x | €183.47K |
| 2016 | 13.03% | 19.89% | 0.29x | 2.26x | €221.11K |
| 2017 | 3.42% | 39.02% | 0.04x | 2.29x | €-914.17K |
| 2018 | 15.84% | 163.64% | 0.05x | 2.04x | €914.97K |
| 2019 | 11.13% | 25.21% | 0.25x | 1.79x | €186.50K |
| 2020 | 10.55% | 27.00% | 0.33x | 1.17x | €92.49K |
| 2021 | 9.05% | 156.84% | 0.05x | 1.16x | €-164.82K |
| 2022 | 0.99% | 45.32% | 0.02x | 1.19x | €-1.58 Million |
| 2023 | -3.76% | -163.86% | 0.02x | 1.14x | €-2.23 Million |
| 2024 | 12.95% | 613.00% | 0.02x | 1.13x | €463.94K |
Industry Comparison
This section compares SM Wirtschaftsberatungs AG's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $3,013,226,000
- Average return on equity (ROE) among peers: 7.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SM Wirtschaftsberatungs AG (SMWN) | €18.13 Million | 31.28% | 0.33x | $4.57 Million |
| Hamborner REIT AG (HABA) | $215.13 Million | 3.66% | 1.15x | $376.13 Million |
| Leasinvest Real Estate SCA (L3R) | $790.47 Million | 6.74% | 1.40x | $171.05 Million |
| Stockland Corp Ltd (LN1) | $10.19 Billion | 8.11% | 0.74x | $6.94 Billion |
| The Unite Group plc (U1B) | $862.30 Million | 11.90% | 0.69x | $2.43 Billion |