Kalmar (KALMAR) - Net Assets
Based on the latest financial reports, Kalmar (KALMAR) has net assets worth €690.40 Million EUR (≈ $807.15 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 (€1.79 Billion ≈ $2.10 Billion USD) and total liabilities (€1.10 Billion ≈ $1.29 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 Kalmar (KALMAR) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €690.40 Million |
| % of Total Assets | 38.5% |
| Annual Growth Rate | -1.93% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 13.71 |
Kalmar - Net Assets Trend (2021–2025)
This chart illustrates how Kalmar's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see KALMAR stock market capitalisation.
Annual Net Assets for Kalmar (2021–2025)
The table below shows the annual net assets of Kalmar from 2021 to 2025. Also explore Kalmar net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €717.90 Million ≈ $839.30 Million |
+12.49% |
| 2024-12-31 | €638.20 Million ≈ $746.12 Million |
-21.99% |
| 2023-12-31 | €818.10 Million ≈ $956.44 Million |
-4.09% |
| 2022-12-31 | €853.00 Million ≈ $997.25 Million |
+9.92% |
| 2021-12-31 | €776.00 Million ≈ $907.23 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kalmar'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 29.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €664.90 Million | 92.63% |
| Common Stock | €20.00 Million | 2.79% |
| Other Comprehensive Income | €-123.90 Million | -17.26% |
| Other Components | €156.80 Million | 21.84% |
| Total Equity | €717.80 Million | 100.00% |
Kalmar Competitors by Market Cap
The table below lists competitors of Kalmar ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Penn National Gaming Inc
NASDAQ:PENN
|
$2.38 Billion |
|
Shenzhen Colibri Technologies Co Ltd
SHE:002957
|
$2.38 Billion |
|
Trump Media & Technology Group Corp.
NASDAQ:DJT
|
$2.38 Billion |
|
Huron Consulting Group Inc
NASDAQ:HURN
|
$2.39 Billion |
|
Pacific Premier Bancorp Inc
NASDAQ:PPBI
|
$2.38 Billion |
|
Transportadora de Gas del Sur SA B
BA:TGSU2
|
$2.37 Billion |
|
Uniti Group Inc
NASDAQ:UNIT
|
$2.37 Billion |
|
Auren Energia S.A.
SA:AURE3
|
$2.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kalmar's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 638,200,000 to 717,800,000, a change of 79,600,000 (12.5%).
- Net income of 163,300,000 contributed positively to equity growth.
- Dividend payments of 64,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 180,599,999.
- Other factors increased equity by 160,899,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €163.30 Million | +22.75% |
| Dividends Paid | €64.00 Million | -8.92% |
| Other Comprehensive Income | €-180.60 Million | -25.16% |
| Other Changes | €160.90 Million | +22.42% |
| Total Change | €- | 12.47% |
Book Value vs Market Value Analysis
This analysis compares Kalmar'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: 3.48x
- 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 increased from 3.20x to 3.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €12.13 | €38.84 | x |
| 2022-12-31 | €13.34 | €38.84 | x |
| 2023-12-31 | €12.72 | €38.84 | x |
| 2024-12-31 | €9.92 | €38.84 | x |
| 2025-12-31 | €11.16 | €38.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kalmar 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): 22.75%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.38%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 2.44x
- Recent ROE (22.75%) is above the historical average (22.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 33.70% | 17.29% | 0.86x | 2.27x | €183.91 Million |
| 2022 | 10.86% | 4.77% | 1.02x | 2.23x | €7.30 Million |
| 2023 | 23.69% | 9.46% | 1.11x | 2.26x | €111.99 Million |
| 2024 | 20.04% | 7.43% | 1.01x | 2.66x | €64.08 Million |
| 2025 | 22.75% | 9.38% | 1.00x | 2.44x | €91.52 Million |
Industry Comparison
This section compares Kalmar's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $580,079,857
- Average return on equity (ROE) among peers: 5.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kalmar (KALMAR) | €690.40 Million | 33.70% | 1.60x | $2.38 Billion |
| Cargotec Oyj (CGCBV) | $1.30 Billion | 0.62% | 1.99x | $2.68 Billion |
| Hiab B (HIAB) | $881.50 Million | 0.81% | 2.05x | $3.22 Billion |
| Konecranes Plc (KCR) | $1.25 Billion | 9.77% | 2.21x | $2.64 Billion |
| Kesla Oyj A (KELAS) | $12.19 Million | 0.84% | 1.35x | $8.97 Million |
| Metso Oyj (METSO) | $482.20 Million | 26.50% | 2.38x | $11.39 Billion |
| Ponsse Oyj 1 (PON1V) | $81.44 Million | 17.05% | 1.23x | $725.08 Million |
| Robit Oyj (ROBIT) | $50.72 Million | -14.32% | 1.12x | $23.38 Million |
About Kalmar
Kalmar Oyj provides heavy material handling equipment and services for ports, terminals, distribution centres, manufacturing, and heavy logistics industries in the Americas, Europe, Asia, the Middle East, and Africa. It operates in two segments, Equipment and Services. The company offers reach stackers, forklift trucks, empty container handlers, terminal tractors, straddle carriers, and spreaders… Read more