Kesla Oyj A

HE:KELAS Finland Farm & Heavy Construction Machinery
Market Cap
$7.08 Million
€6.90 Million EUR
Market Cap Rank
#32420 Global
#136 in Finland
Share Price
€2.70
Change (1 day)
-2.17%
52-Week Range
€2.30 - €4.84
All Time High
€5.90
About

Kesla Oyj develops machinery, technology, and services for customers in the forest and other industries in Finland. The company offers truck and stationary cranes, including timber and city cranes, and truck and stationary cranes' grapples; and logging equipment, such as grapples, harvester heads, and forest machine cranes. It also provides tractor equipment, including loaders, trailers, stroke d… Read more

Kesla Oyj A (KELAS) - Net Assets

Latest net assets as of June 2025: €10.37 Million EUR

Based on the latest financial reports, Kesla Oyj A (KELAS) has net assets worth €10.37 Million EUR as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€29.72 Million) and total liabilities (€19.34 Million). 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 €10.37 Million
% of Total Assets 34.91%
Annual Growth Rate 4.52%
5-Year Change -6.7%
10-Year Change 12.65%
Growth Volatility 14.17

Kesla Oyj A - Net Assets Trend (2001–2024)

This chart illustrates how Kesla Oyj A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Kesla Oyj A (2001–2024)

The table below shows the annual net assets of Kesla Oyj A from 2001 to 2024.

Year Net Assets Change
2024-12-31 €11.94 Million -6.70%
2023-12-31 €12.80 Million +4.15%
2022-12-31 €12.29 Million -13.11%
2021-12-31 €14.14 Million +10.50%
2020-12-31 €12.80 Million -0.68%
2019-12-31 €12.89 Million +3.58%
2018-12-31 €12.44 Million +8.30%
2017-12-31 €11.49 Million +4.72%
2016-12-31 €10.97 Million +3.49%
2015-12-31 €10.60 Million -16.67%
2014-12-31 €12.72 Million -1.56%
2013-12-31 €12.92 Million +5.99%
2012-12-31 €12.19 Million -5.56%
2011-12-31 €12.91 Million +7.55%
2010-12-31 €12.01 Million +13.81%
2009-12-31 €10.55 Million -17.80%
2008-12-31 €12.83 Million +6.34%
2007-12-31 €12.07 Million +18.38%
2006-12-31 €10.20 Million +18.46%
2005-12-31 €8.61 Million +53.60%
2004-12-31 €5.60 Million +10.04%
2003-12-31 €5.09 Million +2.85%
2002-12-31 €4.95 Million +14.61%
2001-12-31 €4.32 Million --

Equity Component Analysis

This analysis shows how different components contribute to Kesla Oyj A'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 999600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €10.00 Million 83.70%
Common Stock €1.92 Million 16.05%
Other Comprehensive Income €24.00K 0.20%
Other Components €6.00K 0.05%
Total Equity €11.94 Million 100.00%

Kesla Oyj A Competitors by Market Cap

The table below lists competitors of Kesla Oyj A ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Kesla Oyj A's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,800,000 to 11,943,000, a change of -857,000 (-6.7%).
  • Net loss of 520,000 reduced equity.
  • Dividend payments of 337,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 1.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €-520.00K -4.35%
Dividends Paid €337.00K -2.82%
Other Comprehensive Income €-1.00 -0.0%
Other Changes €1.00 +0.0%
Total Change €- -6.70%

Book Value vs Market Value Analysis

This analysis compares Kesla Oyj A'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: 0.78x
  • 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.
  • The price-to-book ratio has decreased from 1.79x to 0.78x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2003-12-31 €1.51 €2.70 x
2004-12-31 €1.66 €2.70 x
2005-12-31 €2.54 €2.70 x
2006-12-31 €3.01 €2.70 x
2007-12-31 €3.57 €2.70 x
2008-12-31 €3.73 €2.70 x
2009-12-31 €3.07 €2.70 x
2010-12-31 €3.53 €2.70 x
2011-12-31 €3.78 €2.70 x
2012-12-31 €3.56 €2.70 x
2013-12-31 €3.78 €2.70 x
2014-12-31 €3.72 €2.70 x
2015-12-31 €3.13 €2.70 x
2016-12-31 €3.24 €2.70 x
2017-12-31 €3.40 €2.70 x
2018-12-31 €3.68 €2.70 x
2019-12-31 €3.82 €2.70 x
2020-12-31 €3.80 €2.70 x
2021-12-31 €4.20 €2.70 x
2022-12-31 €3.65 €2.70 x
2023-12-31 €3.76 €2.70 x
2024-12-31 €3.45 €2.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Kesla Oyj A 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): -4.35%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -1.17%
  • • Asset Turnover: 1.40x
  • • Equity Multiplier: 2.66x
  • Recent ROE (-4.35%) is below the historical average (8.51%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 19.59% 5.30% 1.40x 2.65x €474.90K
2003 13.18% 3.77% 1.40x 2.49x €161.80K
2004 24.02% 5.91% 1.66x 2.44x €785.70K
2005 27.72% 8.48% 1.67x 1.96x €1.53 Million
2006 28.79% 8.69% 1.61x 2.06x €1.92 Million
2007 28.94% 7.46% 1.57x 2.47x €2.29 Million
2008 17.67% 4.06% 1.72x 2.54x €969.00K
2009 -15.99% -6.39% 1.02x 2.46x €-2.71 Million
2010 12.37% 4.36% 1.22x 2.32x €281.50K
2011 15.07% 4.39% 1.50x 2.29x €648.90K
2012 0.85% 0.26% 1.40x 2.38x €-1.10 Million
2013 6.45% 1.84% 1.29x 2.72x €-453.40K
2014 1.28% 0.36% 1.25x 2.86x €-1.10 Million
2015 -16.86% -4.46% 1.21x 3.13x €-2.85 Million
2016 3.33% 0.87% 1.28x 2.99x €-732.20K
2017 7.35% 1.98% 1.37x 2.71x €-304.00K
2018 10.37% 2.86% 1.43x 2.52x €45.60K
2019 7.37% 2.01% 1.45x 2.54x €-338.90K
2020 2.37% 0.76% 1.28x 2.42x €-977.10K
2021 11.88% 3.70% 1.31x 2.45x €266.50K
2022 -9.61% -2.58% 1.15x 3.25x €-2.41 Million
2023 3.98% 0.92% 1.53x 2.83x €-770.00K
2024 -4.35% -1.17% 1.40x 2.66x €-1.71 Million

Industry Comparison

This section compares Kesla Oyj A'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: $770,259,906
  • Average return on equity (ROE) among peers: 18.52%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Kesla Oyj A (KELAS) €10.37 Million 19.59% 1.86x $3.61 Million
Cargotec Oyj (CGCBV) $1.43 Billion 9.53% 1.49x $2.13 Billion
Hiab B (HIAB) $1.43 Billion 7.49% 1.58x $1.97 Billion
Metso Oyj (METSO) $214.90 Million 36.11% 2.50x $10.84 Billion
Robit Oyj (ROBIT) $10.04 Million 20.96% 1.32x $9.71 Million