Pandora A/S (PNDORA) - Net Assets
Based on the latest financial reports, Pandora A/S (PNDORA) has net assets worth Dkr5.28 Billion DKK as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr29.60 Billion) and total liabilities (Dkr24.32 Billion). 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 | Dkr5.28 Billion |
| % of Total Assets | 17.84% |
| Annual Growth Rate | 73.47% |
| 5-Year Change | -24.55% |
| 10-Year Change | -22.25% |
| Growth Volatility | 37498.43 |
Pandora A/S - Net Assets Trend (2007–2025)
This chart illustrates how Pandora A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pandora A/S (2007–2025)
The table below shows the annual net assets of Pandora A/S from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr5.28 Billion | -4.10% |
| 2024-12-31 | Dkr5.51 Billion | +2.86% |
| 2023-12-31 | Dkr5.36 Billion | -25.28% |
| 2022-12-31 | Dkr7.17 Billion | +2.37% |
| 2021-12-31 | Dkr7.00 Billion | -5.25% |
| 2020-12-31 | Dkr7.39 Billion | +40.77% |
| 2019-12-31 | Dkr5.25 Billion | -18.23% |
| 2018-12-31 | Dkr6.42 Billion | -1.46% |
| 2017-12-31 | Dkr6.51 Billion | -4.12% |
| 2016-12-31 | Dkr6.79 Billion | +10.67% |
| 2015-12-31 | Dkr6.14 Billion | -12.70% |
| 2014-12-31 | Dkr7.03 Billion | +8.82% |
| 2013-12-31 | Dkr6.46 Billion | +7.02% |
| 2012-12-31 | Dkr6.04 Billion | +11.59% |
| 2011-12-31 | Dkr5.41 Billion | +25.40% |
| 2010-12-31 | Dkr4.32 Billion | +161.77% |
| 2009-12-31 | Dkr1.65 Billion | +285.50% |
| 2008-12-31 | Dkr427.60 Million | +163732.95% |
| 2007-12-31 | Dkr261.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pandora A/S'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 74327172.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr8.18 Billion | 154.79% |
| Common Stock | Dkr79.00 Million | 1.50% |
| Other Comprehensive Income | Dkr1.26 Billion | 23.91% |
| Total Equity | Dkr5.28 Billion | 100.00% |
Pandora A/S Competitors by Market Cap
The table below lists competitors of Pandora A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EnLink Midstream LLC
F:0E41
|
$6.16 Billion |
|
Century Aluminum Company
NASDAQ:CENX
|
$6.16 Billion |
|
Liberty Live Holdings, Inc. Series C Liberty Live Group Common Stock
NASDAQ:LLYVK
|
$6.16 Billion |
|
Brinker International Inc
NYSE:EAT
|
$6.16 Billion |
|
VZ Holding AG
SW:VZN
|
$6.14 Billion |
|
BOC Aviation Limited
F:8BO
|
$6.14 Billion |
|
Li Ning Company Limited
F:LNLB
|
$6.13 Billion |
|
Swissquote Group Holding SA
SW:SQN
|
$6.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pandora A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,508,000,000 to 5,282,000,000, a change of -226,000,000 (-4.1%).
- Net income of 5,242,000,000 contributed positively to equity growth.
- Dividend payments of 1,567,000,000 reduced retained earnings.
- Share repurchases of 4,384,000,000 reduced equity.
- Other comprehensive income increased equity by 404,000,000.
- Other factors increased equity by 79,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr5.24 Billion | +99.24% |
| Dividends Paid | Dkr1.57 Billion | -29.67% |
| Share Repurchases | Dkr4.38 Billion | -83.0% |
| Other Comprehensive Income | Dkr404.00 Million | +7.65% |
| Other Changes | Dkr79.00 Million | +1.5% |
| Total Change | Dkr- | -4.10% |
Book Value vs Market Value Analysis
This analysis compares Pandora A/S'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: 7.70x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 247844.60x to 7.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Dkr0.00 | Dkr527.20 | x |
| 2008-12-31 | Dkr3.48 | Dkr527.20 | x |
| 2009-12-31 | Dkr11.80 | Dkr527.20 | x |
| 2010-12-31 | Dkr34.18 | Dkr527.20 | x |
| 2011-12-31 | Dkr41.64 | Dkr527.20 | x |
| 2012-12-31 | Dkr46.11 | Dkr527.20 | x |
| 2013-12-31 | Dkr49.52 | Dkr527.20 | x |
| 2014-12-31 | Dkr56.04 | Dkr527.20 | x |
| 2015-12-31 | Dkr51.24 | Dkr527.20 | x |
| 2016-12-31 | Dkr59.21 | Dkr527.20 | x |
| 2017-12-31 | Dkr58.49 | Dkr527.20 | x |
| 2018-12-31 | Dkr59.86 | Dkr527.20 | x |
| 2019-12-31 | Dkr53.59 | Dkr527.20 | x |
| 2020-12-31 | Dkr75.84 | Dkr527.20 | x |
| 2021-12-31 | Dkr70.24 | Dkr527.20 | x |
| 2022-12-31 | Dkr76.49 | Dkr527.20 | x |
| 2023-12-31 | Dkr62.21 | Dkr527.20 | x |
| 2024-12-31 | Dkr68.07 | Dkr527.20 | x |
| 2025-12-31 | Dkr68.43 | Dkr527.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pandora A/S 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): 99.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.10%
- • Asset Turnover: 1.10x
- • Equity Multiplier: 5.60x
- Recent ROE (99.24%) is above the historical average (59.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 1.92% | 0.00% | 0.00x | 1.03x | Dkr-21.10K |
| 2008 | 71.64% | 18.70% | 0.38x | 10.01x | Dkr263.57 Million |
| 2009 | 69.24% | 28.35% | 0.61x | 4.01x | Dkr859.51 Million |
| 2010 | 43.36% | 28.07% | 0.74x | 2.08x | Dkr1.44 Billion |
| 2011 | 37.65% | 30.59% | 0.83x | 1.49x | Dkr1.50 Billion |
| 2012 | 19.91% | 18.07% | 0.79x | 1.39x | Dkr598.20 Million |
| 2013 | 34.35% | 24.64% | 0.97x | 1.44x | Dkr1.57 Billion |
| 2014 | 44.06% | 25.94% | 1.13x | 1.50x | Dkr2.39 Billion |
| 2015 | 59.85% | 21.95% | 1.26x | 2.17x | Dkr3.06 Billion |
| 2016 | 88.68% | 29.71% | 1.34x | 2.22x | Dkr5.35 Billion |
| 2017 | 88.55% | 25.32% | 1.32x | 2.65x | Dkr5.12 Billion |
| 2018 | 78.59% | 22.12% | 1.19x | 3.00x | Dkr4.40 Billion |
| 2019 | 56.11% | 13.47% | 1.01x | 4.11x | Dkr2.42 Billion |
| 2020 | 26.23% | 10.20% | 0.95x | 2.70x | Dkr1.20 Billion |
| 2021 | 59.42% | 17.78% | 1.26x | 2.65x | Dkr3.46 Billion |
| 2022 | 70.17% | 19.00% | 1.20x | 3.07x | Dkr4.31 Billion |
| 2023 | 88.52% | 16.85% | 1.18x | 4.44x | Dkr4.20 Billion |
| 2024 | 94.90% | 16.50% | 1.14x | 5.04x | Dkr4.68 Billion |
| 2025 | 99.24% | 16.10% | 1.10x | 5.60x | Dkr4.71 Billion |
Industry Comparison
This section compares Pandora A/S's net assets metrics with peer companies in the Luxury Goods industry.
No peer company data available for comparison.
About Pandora A/S
Pandora A/S engages in the design, crafting, and marketing of jewelry worldwide. The company operates in two segments, Core and Fuel With More. It offers charm and carrier products; and lab grown diamonds. The company sells its products through physical stores, online stores, and wholesale and third-party distribution. Pandora A/S was founded in 1982 and is based in Copenhagen, Denmark.