FLSmidth & Co. (FLS) - Net Assets

Latest as of December 2025: Dkr9.50 Billion DKK ≈ $1.49 Billion USD

Based on the latest financial reports, FLSmidth & Co. (FLS) has net assets worth Dkr9.50 Billion DKK (≈ $1.49 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr22.09 Billion ≈ $3.46 Billion USD) and total liabilities (Dkr12.59 Billion ≈ $1.97 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. Also explore FLS asset base for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric Value
Current Net Assets Dkr9.50 Billion
% of Total Assets 43.01%
Annual Growth Rate 0.71%
5-Year Change -8.37%
10-Year Change 12.27%
Growth Volatility 18.52

FLSmidth & Co. - Net Assets Trend (2000–2025)

This chart illustrates how FLSmidth & Co.'s net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of FLSmidth & Co. to evaluate the tangible quality of the company's equity base.

Annual Net Assets for FLSmidth & Co. (2000–2025)

The table below shows the annual net assets of FLSmidth & Co. from 2000 to 2025. For live valuation and market cap data, see market cap of FLSmidth & Co..

Year Net Assets Change
2025-12-31 Dkr9.50 Billion
≈ $1.49 Billion		 -19.36%
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 1001800000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Dkr10.02 Billion 105.32%
Common Stock Dkr1.15 Billion 12.12%
Other Comprehensive Income Dkr-1.66 Billion -17.44%
Total Equity Dkr9.51 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
AIXTRON SE (UNSP.ADR/2)
F:AIX2
 $4.12 Billion
Bohai Leasing Co Ltd
SHE:000415
 $4.12 Billion
Jiangsu Yuyue Medical Equipment & Supply Co Ltd
SHE:002223
 $4.12 Billion
Capricorn Metals Ltd
AU:CMM
 $4.12 Billion
Krones AG
XETRA:KRN
 $4.11 Billion
Goke Microelectronics Co Ltd
SHE:300672
 $4.11 Billion
Broadstone Net Lease Inc
NYSE:BNL
 $4.11 Billion
Copa Holdings S.A
F:C2H
 $4.11 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 2024 to 2025, total equity changed from 11,801,000,000 to 9,512,000,000, a change of -2,289,000,000 (-19.4%).
  • Net income of 175,000,000 contributed positively to equity growth.
  • Dividend payments of 458,000,000 reduced retained earnings.
  • Share repurchases of 1,033,000,000 reduced equity.
  • Other comprehensive income decreased equity by 848,000,000.
  • Other factors decreased equity by 125,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Dkr175.00 Million +1.84%
Dividends Paid Dkr458.00 Million -4.81%
Share Repurchases Dkr1.03 Billion -10.86%
Other Comprehensive Income Dkr-848.00 Million -8.92%
Other Changes Dkr-125.00 Million -1.31%
Total Change Dkr- -19.40%

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: 2.89x
  • 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 4.77x to 2.89x 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 Dkr485.20 x
2003-12-31 Dkr50.41 Dkr485.20 x
2004-12-31 Dkr48.75 Dkr485.20 x
2005-12-31 Dkr50.34 Dkr485.20 x
2006-12-31 Dkr60.66 Dkr485.20 x
2007-12-31 Dkr79.02 Dkr485.20 x
2008-12-31 Dkr94.99 Dkr485.20 x
2009-12-31 Dkr125.96 Dkr485.20 x
2010-12-31 Dkr153.44 Dkr485.20 x
2011-12-31 Dkr168.60 Dkr485.20 x
2012-12-31 Dkr179.36 Dkr485.20 x
2013-12-31 Dkr135.84 Dkr485.20 x
2014-12-31 Dkr156.14 Dkr485.20 x
2015-12-31 Dkr162.20 Dkr485.20 x
2016-12-31 Dkr171.91 Dkr485.20 x
2017-12-31 Dkr161.00 Dkr485.20 x
2018-12-31 Dkr164.95 Dkr485.20 x
2019-12-31 Dkr175.26 Dkr485.20 x
2020-12-31 Dkr162.22 Dkr485.20 x
2021-12-31 Dkr199.14 Dkr485.20 x
2022-12-31 Dkr190.11 Dkr485.20 x
2023-12-31 Dkr190.02 Dkr485.20 x
2024-12-31 Dkr205.83 Dkr485.20 x
2025-12-31 Dkr168.05 Dkr485.20 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): 1.84%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 1.20%
  • • Asset Turnover: 0.66x
  • • Equity Multiplier: 2.32x
  • Recent ROE (1.84%) is below the historical average (4.73%), suggesting potential challenges in 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
2025 1.84% 1.20% 0.66x 2.32x Dkr-776.20 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: $601,855,578
  • Average return on equity (ROE) among peers: 6.94%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
FLSmidth & Co. (FLS) Dkr9.50 Billion 4.51% 1.33x $4.12 Billion
Glunz & Jensen (GJ) $148.76 Million 14.94% 1.58x $24.36 Million
Brd. Klee A/S (KLEE-B) $52.94 Million 14.12% 0.57x $22.41 Million
Nilfisk Holding A/S (NLFSK) $158.00 Million 5.51% 4.32x $591.63 Million
SKAKO A/S (SKAKO) $73.57 Million 6.57% 2.42x $5.97 Million
Vestas Wind Systems A/S (VWS) $2.58 Billion -6.44% 1.98x $26.87 Billion

About FLSmidth & Co.

CO:FLS Denmark Specialty Industrial Machinery
Market Cap
$4.12 Billion
Dkr26.30 Billion DKK
Market Cap Rank
#3997 Global
#24 in Denmark
Share Price
Dkr485.20
Change (1 day)
+1.21%
52-Week Range
Dkr374.60 - 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 industries in Denmark, the United States of America, Canada, Chile, Brazil, Peru, Australia, North and South America, Europe, the Middle East, Africa, and Asia. The company operates through three segments: Service; Products; and Pumps, Cyclones & Valves (PC&V). The company offers mineral processing equipment, su… Read more