KERING.UNSP.ADR 1/10 EO 4 (PPXB) - Net Assets
Based on the latest financial reports, KERING.UNSP.ADR 1/10 EO 4 (PPXB) has net assets worth €15.36 Billion EUR (≈ $17.96 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€39.82 Billion ≈ $46.55 Billion USD) and total liabilities (€24.46 Billion ≈ $28.60 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. See PPXB equity to assets ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €15.36 Billion |
| % of Total Assets | 38.58% |
| Annual Growth Rate | 1.62% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 4.65 |
KERING.UNSP.ADR 1/10 EO 4 - Net Assets Trend (2022–2025)
This chart illustrates how KERING.UNSP.ADR 1/10 EO 4's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see KERING.UNSP.ADR 1/10 EO 4 stock valuation.
Annual Net Assets for KERING.UNSP.ADR 1/10 EO 4 (2022–2025)
The table below shows the annual net assets of KERING.UNSP.ADR 1/10 EO 4 from 2022 to 2025. Also explore KERING.UNSP.ADR 1/10 EO 4 annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €15.52 Billion ≈ $18.14 Billion |
-1.37% |
| 2024-12-31 | €15.73 Billion ≈ $18.39 Billion |
-1.75% |
| 2023-12-31 | €16.01 Billion ≈ $18.72 Billion |
+8.30% |
| 2022-12-31 | €14.78 Billion ≈ $17.28 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to KERING.UNSP.ADR 1/10 EO 4'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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €14.71 Billion | 100.00% |
| Total Equity | €14.71 Billion | 100.00% |
KERING.UNSP.ADR 1/10 EO 4 Competitors by Market Cap
The table below lists competitors of KERING.UNSP.ADR 1/10 EO 4 ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Muyuan Foodstuff Co Ltd
SHE:002714
|
$33.87 Billion |
|
China Construction Bank Co
SHG:601939
|
$33.88 Billion |
|
Steel Dynamics Inc
NASDAQ:STLD
|
$33.90 Billion |
|
Hindustan Aeronautics Limited
NSE:HAL
|
$33.96 Billion |
|
Gold Fields Limited
F:EDG
|
$33.83 Billion |
|
WEC Energy Group Inc
NYSE:WEC
|
$33.72 Billion |
|
Kinross Gold Corp
TO:K
|
$33.71 Billion |
|
Woolworths Group Ltd
AU:WOW
|
$33.69 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KERING.UNSP.ADR 1/10 EO 4's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,904,000,000 to 14,706,000,000, a change of -198,000,000 (-1.3%).
- Net income of 72,000,000 contributed positively to equity growth.
- Dividend payments of 736,000,000 reduced retained earnings.
- Other factors increased equity by 466,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €72.00 Million | +0.49% |
| Dividends Paid | €736.00 Million | -5.0% |
| Other Changes | €466.00 Million | +3.17% |
| Total Change | €- | -1.33% |
Book Value vs Market Value Analysis
This analysis compares KERING.UNSP.ADR 1/10 EO 4'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: 0.20x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | €114.53 | €23.60 | x |
| 2023-12-31 | €124.10 | €23.60 | x |
| 2024-12-31 | €121.56 | €23.60 | x |
| 2025-12-31 | €119.93 | €23.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KERING.UNSP.ADR 1/10 EO 4 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): 0.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.49%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.80x
- Recent ROE (0.49%) is below the historical average (13.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 25.82% | 17.76% | 0.60x | 2.42x | €2.21 Billion |
| 2023 | 19.61% | 15.25% | 0.47x | 2.72x | €1.46 Billion |
| 2024 | 7.60% | 6.71% | 0.39x | 2.91x | €-357.40 Million |
| 2025 | 0.49% | 0.49% | 0.36x | 2.80x | €-1.40 Billion |
Industry Comparison
This section compares KERING.UNSP.ADR 1/10 EO 4's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $10,030,259,206
- Average return on equity (ROE) among peers: 15.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KERING.UNSP.ADR 1/10 EO 4 (PPXB) | €15.36 Billion | 25.82% | 1.59x | $33.83 Billion |
| BIRKS GROUP INC. A (2BG) | $5.86 Million | 21.95% | 30.25x | $4.34 Million |
| MENNICA SKARB.AB ZY -10 (98S) | $63.01 Million | 13.72% | 1.78x | $10.54 Million |
| BURBERRY GROUP ADR/ (BB2A) | $1.15 Billion | 23.40% | 1.92x | $4.51 Billion |
| Bijou Brigitte modische Accessoires Aktiengesellschaft (BIJ) | $251.21 Million | 14.59% | 0.17x | $331.20 Million |
| CHRISTIAN DIOR ADR1/4/EO2 (DIO0) | $66.85 Billion | 7.79% | 1.19x | $91.96 Billion |
| elumeo SE (ELB) | $12.72 Million | 11.25% | 0.81x | $10.08 Million |
| HERMES INTL UNSP.ADR 1/10 (HMIA) | $15.21 Billion | 28.35% | 0.34x | $199.78 Billion |
| Prada S.p.A. (PRP) | $2.85 Billion | -1.90% | 1.29x | $10.08 Billion |
| PRADA S.P.A.UNS.ADR/2 EO1 (PRP0) | $3.88 Billion | 17.31% | 0.96x | $11.97 Billion |
About KERING.UNSP.ADR 1/10 EO 4
Kering SA manages the development of a collection of renowned houses in fashion, leather goods, and jewelry in the Asia Pacific, Western Europe, North America, Japan, and internationally. The company provides ready-to-wear products, accessories, and beauty products for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics. The c… Read more