Kendrion NV
Kendrion N.V. develops, manufactures, and sells actuators and control systems in the Netherlands, Germany, the rest of Europe, the Americas, Asia, and internationally. It operates through Industrial Brakes; Industrial Actuators and Controls; and Other business segments. The company provides industrial brakes, such as permanent magnet, spring-applied, and electromagnetic brakes; linear, locking, o… Read more
Kendrion NV (KENDR) - Net Assets
Latest net assets as of December 2025: €153.40 Million EUR
Based on the latest financial reports, Kendrion NV (KENDR) has net assets worth €153.40 Million EUR as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€272.20 Million) and total liabilities (€118.80 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 | €153.40 Million |
| % of Total Assets | 56.36% |
| Annual Growth Rate | 1.19% |
| 5-Year Change | -31.21% |
| 10-Year Change | -13.87% |
| Growth Volatility | 104.33 |
Kendrion NV - Net Assets Trend (2002–2025)
This chart illustrates how Kendrion NV's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kendrion NV (2002–2025)
The table below shows the annual net assets of Kendrion NV from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €153.40 Million | -3.22% |
| 2024-12-31 | €158.50 Million | -7.85% |
| 2023-12-31 | €172.00 Million | -1.71% |
| 2022-12-31 | €175.00 Million | -21.52% |
| 2021-12-31 | €223.00 Million | +9.64% |
| 2020-12-31 | €203.40 Million | -0.05% |
| 2019-12-31 | €203.50 Million | +11.75% |
| 2018-12-31 | €182.10 Million | +1.00% |
| 2017-12-31 | €180.30 Million | +1.24% |
| 2016-12-31 | €178.10 Million | +4.83% |
| 2015-12-31 | €169.90 Million | +10.90% |
| 2014-12-31 | €153.20 Million | +14.24% |
| 2013-12-31 | €134.10 Million | +30.07% |
| 2012-12-31 | €103.10 Million | +12.43% |
| 2011-12-31 | €91.70 Million | -19.91% |
| 2010-12-31 | €114.50 Million | +18.90% |
| 2009-12-31 | €96.30 Million | +2.99% |
| 2008-12-31 | €93.50 Million | +5.29% |
| 2007-12-31 | €88.80 Million | +5.97% |
| 2006-12-31 | €83.80 Million | +21.27% |
| 2005-12-31 | €69.10 Million | +21.23% |
| 2004-12-31 | €57.00 Million | +500.00% |
| 2003-12-31 | €9.50 Million | -91.87% |
| 2002-12-31 | €116.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kendrion NV'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 1950000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €19.50 Million | 12.71% |
| Common Stock | €31.60 Million | 20.60% |
| Other Comprehensive Income | €-4.10 Million | -2.67% |
| Other Components | €106.40 Million | 69.36% |
| Total Equity | €153.40 Million | 100.00% |
Kendrion NV Competitors by Market Cap
The table below lists competitors of Kendrion NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ariston Holding N.V.
LSE:0ABE
|
$209.66 Million |
|
Sonadezi Chau Duc Shareholding Co
VN:SZC
|
$209.66 Million |
|
Antipa Minerals Ltd
AU:AZY
|
$209.72 Million |
|
NAPATECH A/S NAM. DK 025
F:NAT
|
$209.72 Million |
|
Zhejiang MustangBattery Co.Ltd
SHG:605378
|
$209.55 Million |
|
ARISTON HOLD.N.V. EO-01
F:E0E
|
$209.55 Million |
|
Ningbo Shenglong Automotive Powertrain System Co Ltd
SHG:603178
|
$209.51 Million |
|
Sichuan Huati Lighting Tech
SHG:603679
|
$209.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kendrion NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 158,500,000 to 153,400,000, a change of -5,100,000 (-3.2%).
- Net income of 14,500,000 contributed positively to equity growth.
- Dividend payments of 19,700,000 reduced retained earnings.
- Share repurchases of 2,500,000 reduced equity.
- Other comprehensive income decreased equity by 98,999,999.
- Other factors increased equity by 101,599,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €14.50 Million | +9.45% |
| Dividends Paid | €19.70 Million | -12.84% |
| Share Repurchases | €2.50 Million | -1.63% |
| Other Comprehensive Income | €-99.00 Million | -64.54% |
| Other Changes | €101.60 Million | +66.23% |
| Total Change | €- | -3.22% |
Book Value vs Market Value Analysis
This analysis compares Kendrion NV'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 increased from 0.30x to 1.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €55.50 | €16.52 | x |
| 2003-12-31 | €2.97 | €16.52 | x |
| 2004-12-31 | €28.25 | €16.52 | x |
| 2005-12-31 | €6.70 | €16.52 | x |
| 2006-12-31 | €8.13 | €16.52 | x |
| 2007-12-31 | €8.57 | €16.52 | x |
| 2008-12-31 | €9.08 | €16.52 | x |
| 2009-12-31 | €9.09 | €16.52 | x |
| 2010-12-31 | €10.15 | €16.52 | x |
| 2011-12-31 | €8.06 | €16.52 | x |
| 2012-12-31 | €8.91 | €16.52 | x |
| 2013-12-31 | €10.71 | €16.52 | x |
| 2014-12-31 | €11.77 | €16.52 | x |
| 2015-12-31 | €12.93 | €16.52 | x |
| 2016-12-31 | €13.25 | €16.52 | x |
| 2017-12-31 | €13.37 | €16.52 | x |
| 2018-12-31 | €13.58 | €16.52 | x |
| 2019-12-31 | €15.09 | €16.52 | x |
| 2020-12-31 | €13.78 | €16.52 | x |
| 2021-12-31 | €15.05 | €16.52 | x |
| 2022-12-31 | €11.69 | €16.52 | x |
| 2023-12-31 | €11.18 | €16.52 | x |
| 2024-12-31 | €10.28 | €16.52 | x |
| 2025-12-31 | €13.12 | €16.52 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kendrion NV 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): 9.45%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.91%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.77x
- Recent ROE (9.45%) is above the historical average (-66.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 9.29% | 1.27% | 1.66x | 4.42x | €-810.00K |
| 2003 | -1709.84% | -12.32% | 2.10x | 65.97x | €-104.91 Million |
| 2004 | -23.12% | -1.65% | 2.44x | 5.74x | €-17.62 Million |
| 2005 | 25.40% | 3.17% | 2.16x | 3.71x | €10.61 Million |
| 2006 | 17.11% | 2.52% | 1.95x | 3.49x | €5.94 Million |
| 2007 | 4.20% | 0.74% | 1.65x | 3.44x | €-5.12 Million |
| 2008 | 13.83% | 6.22% | 0.74x | 3.01x | €3.57 Million |
| 2009 | 4.17% | 2.68% | 0.98x | 1.59x | €-5.59 Million |
| 2010 | 14.52% | 7.48% | 1.25x | 1.55x | €5.17 Million |
| 2011 | -21.99% | -7.50% | 1.17x | 2.51x | €-29.24 Million |
| 2012 | 17.36% | 6.28% | 1.24x | 2.23x | €7.59 Million |
| 2013 | 12.45% | 4.72% | 1.06x | 2.50x | €3.29 Million |
| 2014 | 13.19% | 4.71% | 1.29x | 2.18x | €4.88 Million |
| 2015 | 9.89% | 3.80% | 1.30x | 2.01x | €-190.00K |
| 2016 | 8.37% | 3.36% | 1.28x | 1.95x | €-2.91 Million |
| 2017 | 10.82% | 4.22% | 1.34x | 1.91x | €1.47 Million |
| 2018 | 7.58% | 3.08% | 1.20x | 2.06x | €-4.41 Million |
| 2019 | 3.88% | 1.92% | 1.15x | 1.76x | €-12.45 Million |
| 2020 | 2.11% | 1.08% | 0.92x | 2.11x | €-16.04 Million |
| 2021 | 6.46% | 3.10% | 0.95x | 2.20x | €-7.90 Million |
| 2022 | -26.46% | -8.92% | 1.09x | 2.72x | €-63.80 Million |
| 2023 | 5.76% | 3.20% | 0.67x | 2.69x | €-7.30 Million |
| 2024 | -2.84% | -1.49% | 0.83x | 2.30x | €-20.35 Million |
| 2025 | 9.45% | 5.91% | 0.90x | 1.77x | €-840.00K |
Industry Comparison
This section compares Kendrion NV's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,837,800,000
- Average return on equity (ROE) among peers: 12.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kendrion NV (KENDR) | €153.40 Million | 9.29% | 0.77x | $209.56 Million |
| Aalberts Industries NV (AALB) | $1.84 Billion | 12.28% | 0.89x | $3.13 Billion |