SM Wirtschaftsberatungs AG Net Assets
SM Wirtschaftsberatungs AG net assets. Based on the latest financial reports, SM Wirtschaftsberatungs AG (SMWN) has net assets worth €18.13 Million EUR (≈ $21.19 Million USD) 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 ≈ $28.17 Million USD) and total liabilities (€5.97 Million ≈ $6.98 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 net asset momentum of SM Wirtschaftsberatungs AG to track the company's year-over-year net asset growth rate.
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 |
Net Assets of SM Wirtschaftsberatungs AG (1998–2024)
Net assets of SM Wirtschaftsberatungs AG from 1998 to 2024. This chart illustrates how SM Wirtschaftsberatungs AG's net assets have evolved over time, based on quarterly financial data. See SMWN net asset quality score to measure how much of total assets are equity-financed.
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. For live market cap and overall valuation, see SMWN market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €15.75 Million ≈ $18.42 Million |
-4.08% |
| 2023-12-31 | €16.42 Million ≈ $19.20 Million |
-7.00% |
| 2022-12-31 | €17.66 Million ≈ $20.64 Million |
+2.27% |
| 2021-12-31 | €17.26 Million ≈ $20.18 Million |
+2.02% |
| 2020-12-31 | €16.92 Million ≈ $19.78 Million |
+2.55% |
| 2019-12-31 | €16.50 Million ≈ $19.29 Million |
+5.25% |
| 2018-12-31 | €15.68 Million ≈ $18.33 Million |
+12.92% |
| 2017-12-31 | €13.88 Million ≈ $16.23 Million |
+89.98% |
| 2016-12-31 | €7.31 Million ≈ $8.54 Million |
+11.86% |
| 2015-12-31 | €6.53 Million ≈ $7.64 Million |
+11.23% |
| 2014-12-31 | €5.87 Million ≈ $6.87 Million |
-8.22% |
| 2013-12-31 | €6.40 Million ≈ $7.48 Million |
+7.88% |
| 2012-12-31 | €5.93 Million ≈ $6.94 Million |
-4.27% |
| 2011-12-31 | €6.20 Million ≈ $7.24 Million |
-18.84% |
| 2010-12-31 | €7.64 Million ≈ $8.93 Million |
+1.84% |
| 2009-12-31 | €7.50 Million ≈ $8.77 Million |
+7.73% |
| 2008-12-31 | €6.96 Million ≈ $8.14 Million |
-42.56% |
| 2007-12-31 | €12.12 Million ≈ $14.17 Million |
+19.73% |
| 2006-12-31 | €10.12 Million ≈ $11.83 Million |
+24.78% |
| 2005-12-31 | €8.11 Million ≈ $9.48 Million |
+4.38% |
| 2004-12-31 | €7.77 Million ≈ $9.08 Million |
-20.80% |
| 2003-12-31 | €9.81 Million ≈ $11.47 Million |
-21.14% |
| 2002-12-31 | €12.44 Million ≈ $14.54 Million |
-2.66% |
| 2001-12-31 | €12.78 Million ≈ $14.94 Million |
+13.30% |
| 2000-12-31 | €11.28 Million ≈ $13.19 Million |
+53.26% |
| 1999-12-31 | €7.36 Million ≈ $8.60 Million |
+311.17% |
| 1998-12-31 | €1.79 Million ≈ $2.09 Million |
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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.
SM Wirtschaftsberatungs AG Net Assets Breakdown (December 2024)
SM Wirtschaftsberatungs AG net assets breakdown by equity component as of 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 |
|---|---|
|
Duckshin Housing Co. Ltd
KQ:090410
|
$20.74 Million |
|
Sterling Metals Corp
V:SAG
|
$20.74 Million |
|
Biofish Holding AS
OL:BFISH
|
$20.74 Million |
|
A Dong Paint JSC
VN:ADP
|
$20.75 Million |
|
Sebang Co Ltd
KO:004365
|
$20.73 Million |
|
Korean Drug Co. Ltd
KQ:014570
|
$20.73 Million |
|
Damai Sejahtera Abadi Tbk PT
JK:UFOE
|
$20.72 Million |
|
Personal Assets Trust plc
LSE:PNL
|
$20.72 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: 1.14x
- 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 5.86x to 1.14x 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 | €4.52 | x |
| 1999-12-31 | €3.04 | €4.52 | x |
| 2000-12-31 | €4.51 | €4.52 | x |
| 2001-12-31 | €6.03 | €4.52 | x |
| 2002-12-31 | €3.66 | €4.52 | x |
| 2003-12-31 | €3.08 | €4.52 | x |
| 2004-12-31 | €2.47 | €4.52 | x |
| 2005-12-31 | €2.61 | €4.52 | x |
| 2006-12-31 | €3.46 | €4.52 | x |
| 2007-12-31 | €4.50 | €4.52 | x |
| 2008-12-31 | €2.55 | €4.52 | x |
| 2009-12-31 | €2.45 | €4.52 | x |
| 2010-12-31 | €2.62 | €4.52 | x |
| 2011-12-31 | €2.13 | €4.52 | x |
| 2012-12-31 | €2.01 | €4.52 | x |
| 2013-12-31 | €2.17 | €4.52 | x |
| 2014-12-31 | €1.99 | €4.52 | x |
| 2015-12-31 | €2.21 | €4.52 | x |
| 2016-12-31 | €2.48 | €4.52 | x |
| 2017-12-31 | €3.49 | €4.52 | x |
| 2018-12-31 | €3.94 | €4.52 | x |
| 2019-12-31 | €4.15 | €4.52 | x |
| 2020-12-31 | €4.25 | €4.52 | x |
| 2021-12-31 | €4.34 | €4.52 | x |
| 2022-12-31 | €4.41 | €4.52 | x |
| 2023-12-31 | €4.08 | €4.52 | x |
| 2024-12-31 | €3.96 | €4.52 | 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: $4,507,221,750
- Average return on equity (ROE) among peers: 5.03%
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 | $20.74 Million |
| BRITISH LAND ADR/1 LS-25 (BLDA) | $5.71 Billion | 5.92% | 0.55x | $4.37 Billion |
| COVIVIO UNS.ADR/1/4 (F5D0) | $12.01 Billion | 0.57% | 1.07x | $6.36 Billion |
| GROUP PAREF INH. EO 25 (G5I) | $144.44 Million | 2.79% | 0.58x | $36.98 Million |
| Hamborner REIT AG (HABA) | $160.05 Million | 10.83% | 0.76x | $383.25 Million |
About 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.