FLSmidth & Co. (FLS) - Net Assets

Latest as of September 2025: Dkr10.18 Billion DKK ≈ $1.59 Billion USD

Based on the latest financial reports, FLSmidth & Co. (FLS) has net assets worth Dkr10.18 Billion DKK (≈ $1.59 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr24.68 Billion ≈ $3.86 Billion USD) and total liabilities (Dkr14.49 Billion ≈ $2.27 Billion 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 FLSmidth & Co. (FLS) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Dkr10.18 Billion
% of Total Assets 41.27%
Annual Growth Rate 1.64%
5-Year Change 44.91%
10-Year Change 47.59%
Growth Volatility 18.34

FLSmidth & Co. - Net Assets Trend (2000–2024)

This chart illustrates how FLSmidth & Co.'s net assets have evolved over time, based on quarterly financial data. Also explore FLS total asset value for the complete picture of this company's asset base.

Annual Net Assets for FLSmidth & Co. (2000–2024)

The table below shows the annual net assets of FLSmidth & Co. from 2000 to 2024. For live valuation and market cap data, see FLS company net worth.

Year Net Assets Change
2024-12-31 Dkr11.78 Billion
≈ $1.84 Billion		 +8.80%
2023-12-31 Dkr10.83 Billion
≈ $1.69 Billion		 +0.38%
2022-12-31 Dkr10.79 Billion
≈ $1.69 Billion		 +4.04%
2021-12-31 Dkr10.37 Billion
≈ $1.62 Billion		 +27.53%
2020-12-31 Dkr8.13 Billion
≈ $1.27 Billion		 -7.54%
2019-12-31 Dkr8.79 Billion
≈ $1.38 Billion		 +6.38%
2018-12-31 Dkr8.27 Billion
≈ $1.29 Billion		 +2.84%
2017-12-31 Dkr8.04 Billion
≈ $1.26 Billion		 -5.01%
2016-12-31 Dkr8.46 Billion
≈ $1.32 Billion		 +6.01%
2015-12-31 Dkr7.98 Billion
≈ $1.25 Billion		 +2.85%
2014-12-31 Dkr7.76 Billion
≈ $1.21 Billion		 +12.12%
2013-12-31 Dkr6.92 Billion
≈ $1.08 Billion		 -26.51%
2012-12-31 Dkr9.42 Billion
≈ $1.47 Billion		 +5.75%
2011-12-31 Dkr8.91 Billion
≈ $1.39 Billion		 +9.44%
2010-12-31 Dkr8.14 Billion
≈ $1.27 Billion		 +22.39%
2009-12-31 Dkr6.65 Billion
≈ $1.04 Billion		 +32.08%
2008-12-31 Dkr5.04 Billion
≈ $787.76 Million		 +19.48%
2007-12-31 Dkr4.21 Billion
≈ $659.31 Million		 +32.02%
2006-12-31 Dkr3.19 Billion
≈ $499.41 Million		 +20.54%
2005-12-31 Dkr2.65 Billion
≈ $414.30 Million		 +2.44%
2004-12-31 Dkr2.58 Billion
≈ $404.44 Million		 -11.35%
2003-12-31 Dkr2.92 Billion
≈ $456.23 Million		 -49.10%
2002-12-31 Dkr5.73 Billion
≈ $896.34 Million		 -17.80%
2001-12-31 Dkr6.97 Billion
≈ $1.09 Billion		 -12.50%
2000-12-31 Dkr7.97 Billion
≈ $1.25 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to FLSmidth & Co.'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 1145900000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Dkr11.46 Billion 97.10%
Common Stock Dkr1.15 Billion 9.77%
Other Comprehensive Income Dkr-811.00 Million -6.87%
Total Equity Dkr11.80 Billion 100.00%

FLSmidth & Co. Competitors by Market Cap

The table below lists competitors of FLSmidth & Co. ranked by their market capitalization.

Company Market Cap
Air Canada
TO:AC
 $3.89 Billion
Federated Investors Inc B
NYSE:FHI
 $3.89 Billion
Chongqing Brewery Co Ltd
SHG:600132
 $3.90 Billion
iRhythm Technologies Inc
NASDAQ:IRTC
 $3.90 Billion
Carnival Plc ADS
NYSE:CUK
 $3.89 Billion
Xiamen Faratronic Co Ltd
SHG:600563
 $3.89 Billion
Independence Realty Trust Inc
NYSE:IRT
 $3.89 Billion
Golar LNG Limited
F:G2O
 $3.88 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in FLSmidth & Co.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 10,857,000,000 to 11,801,000,000, a change of 944,000,000 (8.7%).
  • Net income of 1,018,000,000 contributed positively to equity growth.
  • Dividend payments of 230,000,000 reduced retained earnings.
  • Share repurchases of 20,000,000 reduced equity.
  • Other comprehensive income increased equity by 100,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Dkr1.02 Billion +8.63%
Dividends Paid Dkr230.00 Million -1.95%
Share Repurchases Dkr20.00 Million -0.17%
Other Comprehensive Income Dkr100.00 Million +0.85%
Other Changes Dkr76.00 Million +0.64%
Total Change Dkr- 8.69%

Book Value vs Market Value Analysis

This analysis compares FLSmidth & Co.'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: 2.23x
  • 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 4.52x to 2.23x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 Dkr101.75 Dkr459.80 x
2003-12-31 Dkr50.41 Dkr459.80 x
2004-12-31 Dkr48.75 Dkr459.80 x
2005-12-31 Dkr50.34 Dkr459.80 x
2006-12-31 Dkr60.66 Dkr459.80 x
2007-12-31 Dkr79.02 Dkr459.80 x
2008-12-31 Dkr94.99 Dkr459.80 x
2009-12-31 Dkr125.96 Dkr459.80 x
2010-12-31 Dkr153.44 Dkr459.80 x
2011-12-31 Dkr168.60 Dkr459.80 x
2012-12-31 Dkr179.36 Dkr459.80 x
2013-12-31 Dkr135.84 Dkr459.80 x
2014-12-31 Dkr156.14 Dkr459.80 x
2015-12-31 Dkr162.20 Dkr459.80 x
2016-12-31 Dkr171.91 Dkr459.80 x
2017-12-31 Dkr161.00 Dkr459.80 x
2018-12-31 Dkr164.95 Dkr459.80 x
2019-12-31 Dkr175.26 Dkr459.80 x
2020-12-31 Dkr162.22 Dkr459.80 x
2021-12-31 Dkr199.14 Dkr459.80 x
2022-12-31 Dkr190.11 Dkr459.80 x
2023-12-31 Dkr190.02 Dkr459.80 x
2024-12-31 Dkr205.83 Dkr459.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently FLSmidth & Co. 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): 8.63%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.04%
  • • Asset Turnover: 0.75x
  • • Equity Multiplier: 2.28x
  • Recent ROE (8.63%) is above the historical average (4.85%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 4.51% 1.38% 0.87x 3.78x Dkr-322.50 Million
2002 -23.00% -7.57% 1.05x 2.89x Dkr-1.79 Billion
2003 -95.15% -17.11% 1.31x 4.24x Dkr-2.82 Billion
2004 -13.36% -3.16% 1.32x 3.20x Dkr-598.00 Million
2005 18.08% 4.66% 1.07x 3.62x Dkr213.60 Million
2006 35.79% 9.27% 1.00x 3.84x Dkr822.20 Million
2007 30.78% 6.48% 1.01x 4.68x Dkr873.60 Million
2008 30.35% 5.99% 1.22x 4.15x Dkr1.02 Billion
2009 25.20% 7.19% 1.06x 3.32x Dkr1.00 Billion
2010 15.88% 6.36% 0.89x 2.80x Dkr475.50 Million
2011 16.11% 6.49% 0.86x 2.88x Dkr541.00 Million
2012 13.94% 5.26% 0.78x 3.40x Dkr369.00 Million
2013 -11.41% -2.92% 0.99x 3.97x Dkr-1.47 Billion
2014 10.52% 3.84% 0.80x 3.41x Dkr40.00 Million
2015 7.59% 3.06% 0.81x 3.07x Dkr-191.70 Million
2016 6.15% 2.85% 0.75x 2.86x Dkr-324.10 Million
2017 5.21% 2.32% 0.80x 2.80x Dkr-383.00 Million
2018 7.78% 3.42% 0.86x 2.63x Dkr-183.60 Million
2019 8.83% 3.75% 0.88x 2.68x Dkr-102.90 Million
2020 2.58% 1.28% 0.80x 2.51x Dkr-603.60 Million
2021 3.45% 2.04% 0.76x 2.22x Dkr-679.10 Million
2022 3.42% 1.69% 0.73x 2.76x Dkr-711.30 Million
2023 4.58% 2.06% 0.89x 2.49x Dkr-588.70 Million
2024 8.63% 5.04% 0.75x 2.28x Dkr-162.10 Million

Industry Comparison

This section compares FLSmidth & Co.'s net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

  • Industry: Specialty Industrial Machinery
  • Average net assets among peers: $783,672,864
  • Average return on equity (ROE) among peers: 11.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
FLSmidth & Co. (FLS) Dkr10.18 Billion 4.51% 1.42x $3.89 Billion
Glunz & Jensen (GJ) $128.90 Million -4.51% 1.81x $22.51 Million
Brd. Klee A/S (KLEE-B) $98.30 Million 15.37% 0.43x $20.88 Million
Nilfisk Holding A/S (NLFSK) $224.80 Million 13.12% 3.37x $589.93 Million
SKAKO A/S (SKAKO) $102.36 Million 16.16% 1.39x $5.97 Million
Vestas Wind Systems A/S (VWS) $3.36 Billion 17.21% 0.91x $29.34 Billion

About FLSmidth & Co.

CO:FLS Denmark Specialty Industrial Machinery
Market Cap
$3.89 Billion
Dkr24.86 Billion DKK
Market Cap Rank
#4217 Global
#24 in Denmark
Share Price
Dkr459.80
Change (1 day)
-2.58%
52-Week Range
Dkr320.60 - Dkr611.00
All Time High
Dkr611.00
Categories
Companies in Denmark Specialty Industrial Machinery
About

FLSmidth & Co. A/S provides flowsheet technology and service solutions for the mining and cement industries in Denmark, the United States of America, Canada, Chile, Brazil, Peru, Australia, North and South America, Europe, the Middle East, Africa, and Asia. It operates in three segments: Mining, Cement, and Non-Core Activities. The company offers mineral processing equipment, such as hydrocyclone… Read more