Pandora A/S Net Assets

Latest as of March 2026: Dkr4.02 Billion DKK ≈ $628.96 Million USD

Pandora A/S net assets. Based on the latest financial reports, Pandora A/S (PNDORA) has net assets worth Dkr4.02 Billion DKK (≈ $628.96 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr28.95 Billion ≈ $4.53 Billion USD) and total liabilities (Dkr24.93 Billion ≈ $3.90 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 Pandora A/S net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Dkr4.02 Billion
% of Total Assets	13.88%
Annual Growth Rate	73.47%
5-Year Change	-24.55%
10-Year Change	-22.25%
Growth Volatility	37498.43

Net Assets of Pandora A/S (2007–2025)

Net assets of Pandora A/S from 2007 to 2025. This chart illustrates how Pandora A/S's net assets have evolved over time, based on quarterly financial data. See debt-free asset ratio of Pandora A/S to measure how much of total assets are equity-financed.

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. For live market cap and overall valuation, see market value of Pandora A/S.

Year	Net Assets	Change
2025-12-31	Dkr5.28 Billion ≈ $826.41 Million	-4.10%
2024-12-31	Dkr5.51 Billion ≈ $861.77 Million	+2.86%
2023-12-31	Dkr5.36 Billion ≈ $837.83 Million	-25.28%
2022-12-31	Dkr7.17 Billion ≈ $1.12 Billion	+2.37%
2021-12-31	Dkr7.00 Billion ≈ $1.10 Billion	-5.25%
2020-12-31	Dkr7.39 Billion ≈ $1.16 Billion	+40.77%
2019-12-31	Dkr5.25 Billion ≈ $821.24 Million	-18.23%
2018-12-31	Dkr6.42 Billion ≈ $1.00 Billion	-1.46%
2017-12-31	Dkr6.51 Billion ≈ $1.02 Billion	-4.12%
2016-12-31	Dkr6.79 Billion ≈ $1.06 Billion	+10.67%
2015-12-31	Dkr6.14 Billion ≈ $960.49 Million	-12.70%
2014-12-31	Dkr7.03 Billion ≈ $1.10 Billion	+8.82%
2013-12-31	Dkr6.46 Billion ≈ $1.01 Billion	+7.02%
2012-12-31	Dkr6.04 Billion ≈ $944.69 Million	+11.59%
2011-12-31	Dkr5.41 Billion ≈ $846.59 Million	+25.40%
2010-12-31	Dkr4.32 Billion ≈ $675.11 Million	+161.77%
2009-12-31	Dkr1.65 Billion ≈ $257.90 Million	+285.50%
2008-12-31	Dkr427.60 Million ≈ $66.90 Million	+163732.95%
2007-12-31	Dkr261.00K ≈ $40.84K	--

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.

Pandora A/S Net Assets Breakdown (December 2025)

Pandora A/S net assets breakdown by equity component as of 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
Swancor Advanced Materials Co Ltd SHG:688585	$9.50 Billion
Godaddy Inc NYSE:GDDY	$9.51 Billion
L E Lundbergföretagen AB (publ) ST:LUND-B	$9.52 Billion
The Siam Cement Public Company Limited BK:SCC	$9.54 Billion
PayPay Corporation American Depository Shares NASDAQ:PAYP	$9.50 Billion
Jyske Bank A/S CO:JYSK	$9.49 Billion
Skechers USA Inc NYSE:SKX	$9.49 Billion
Dick’s Sporting Goods Inc NYSE:DKS	$9.48 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: 11.86x
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 381639.31x to 11.86x 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	Dkr811.80	x
2008-12-31	Dkr3.48	Dkr811.80	x
2009-12-31	Dkr11.80	Dkr811.80	x
2010-12-31	Dkr34.18	Dkr811.80	x
2011-12-31	Dkr41.64	Dkr811.80	x
2012-12-31	Dkr46.11	Dkr811.80	x
2013-12-31	Dkr49.52	Dkr811.80	x
2014-12-31	Dkr56.04	Dkr811.80	x
2015-12-31	Dkr51.24	Dkr811.80	x
2016-12-31	Dkr59.21	Dkr811.80	x
2017-12-31	Dkr58.49	Dkr811.80	x
2018-12-31	Dkr59.86	Dkr811.80	x
2019-12-31	Dkr53.59	Dkr811.80	x
2020-12-31	Dkr75.84	Dkr811.80	x
2021-12-31	Dkr70.24	Dkr811.80	x
2022-12-31	Dkr76.49	Dkr811.80	x
2023-12-31	Dkr62.21	Dkr811.80	x
2024-12-31	Dkr68.07	Dkr811.80	x
2025-12-31	Dkr68.43	Dkr811.80	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

CO:PNDORA Denmark Luxury Goods

Market Cap

$9.50 Billion

Dkr60.72 Billion DKK

Market Cap Rank

#2247 Global

#14 in Denmark

Share Price

Dkr811.80

Change (1 day)

-0.51%

52-Week Range

Dkr434.60 - Dkr870.00

All Time High

Dkr1400.00