Kingspan Group plc (KRX) - Net Assets
Based on the latest financial reports, Kingspan Group plc (KRX) has net assets worth €4.61 Billion EUR (≈ $5.39 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.83 Billion ≈ $11.50 Billion USD) and total liabilities (€5.22 Billion ≈ $6.10 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 financial resilience of Kingspan Group plc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €4.61 Billion |
| % of Total Assets | 46.9% |
| Annual Growth Rate | 22.29% |
| 5-Year Change | 91.47% |
| 10-Year Change | 254.83% |
| Growth Volatility | 31.65 |
Kingspan Group plc - Net Assets Trend (1988–2024)
This chart illustrates how Kingspan Group plc's net assets have evolved over time, based on quarterly financial data. Also explore Kingspan Group plc (KRX) total assets for the complete picture of this company's asset base.
Annual Net Assets for Kingspan Group plc (1988–2024)
The table below shows the annual net assets of Kingspan Group plc from 1988 to 2024. For live valuation and market cap data, see Kingspan Group plc (KRX) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.59 Billion ≈ $5.37 Billion |
+16.29% |
| 2023-12-31 | €3.95 Billion ≈ $4.62 Billion |
+16.27% |
| 2022-12-31 | €3.40 Billion ≈ $3.97 Billion |
+14.74% |
| 2021-12-31 | €2.96 Billion ≈ $3.46 Billion |
+23.43% |
| 2020-12-31 | €2.40 Billion ≈ $2.80 Billion |
+13.07% |
| 2019-12-31 | €2.12 Billion ≈ $2.48 Billion |
+18.53% |
| 2018-12-31 | €1.79 Billion ≈ $2.09 Billion |
+14.09% |
| 2017-12-31 | €1.57 Billion ≈ $1.83 Billion |
+6.56% |
| 2016-12-31 | €1.47 Billion ≈ $1.72 Billion |
+13.73% |
| 2015-12-31 | €1.29 Billion ≈ $1.51 Billion |
+28.21% |
| 2014-12-31 | €1.01 Billion ≈ $1.18 Billion |
+17.39% |
| 2013-12-31 | €859.62 Million ≈ $1.00 Billion |
+5.69% |
| 2012-12-31 | €813.38 Million ≈ $950.92 Million |
+10.67% |
| 2011-12-31 | €734.99 Million ≈ $859.27 Million |
+10.20% |
| 2010-12-31 | €666.95 Million ≈ $779.73 Million |
+13.90% |
| 2009-12-31 | €585.53 Million ≈ $684.55 Million |
+12.80% |
| 2008-12-31 | €519.08 Million ≈ $606.86 Million |
-22.86% |
| 2007-12-31 | €672.92 Million ≈ $786.71 Million |
+23.07% |
| 2006-12-31 | €546.80 Million ≈ $639.26 Million |
+31.24% |
| 2005-12-31 | €416.64 Million ≈ $487.10 Million |
+36.58% |
| 2004-12-31 | €305.06 Million ≈ $356.65 Million |
+22.17% |
| 2003-12-31 | €249.70 Million ≈ $291.92 Million |
+5.11% |
| 2002-12-31 | €237.56 Million ≈ $277.73 Million |
+2.07% |
| 2001-12-31 | €232.73 Million ≈ $272.09 Million |
+23.99% |
| 2000-12-31 | €187.71 Million ≈ $219.45 Million |
+29.80% |
| 1999-12-31 | €144.61 Million ≈ $169.07 Million |
+48.86% |
| 1998-12-31 | €97.15 Million ≈ $113.58 Million |
+41.19% |
| 1997-12-31 | €68.81 Million ≈ $80.44 Million |
+106.31% |
| 1996-12-31 | €33.35 Million ≈ $38.99 Million |
+7.76% |
| 1995-12-31 | €30.95 Million ≈ $36.18 Million |
+59.14% |
| 1994-12-31 | €19.45 Million ≈ $22.74 Million |
+35.12% |
| 1993-12-31 | €14.39 Million ≈ $16.83 Million |
+18.49% |
| 1992-12-31 | €12.15 Million ≈ $14.20 Million |
-14.19% |
| 1991-12-31 | €14.15 Million ≈ $16.55 Million |
+12.28% |
| 1990-12-31 | €12.61 Million ≈ $14.74 Million |
+45.46% |
| 1989-12-31 | €8.67 Million ≈ $10.13 Million |
+164.00% |
| 1988-12-31 | €3.28 Million ≈ $3.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kingspan Group plc'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 464001700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.64 Billion | 108.09% |
| Total Equity | €4.29 Billion | 100.00% |
Kingspan Group plc Competitors by Market Cap
The table below lists competitors of Kingspan Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
POWSZECHNY Z.U.ADR /1 ZY1
F:7PZ0
|
$12.87 Billion |
|
Aptiv PLC
NYSE:APTV
|
$12.87 Billion |
|
Eurobank Ergasias Services and Holdings S.A.
AT:EUROB
|
$12.88 Billion |
|
IREN Ltd
NASDAQ:IREN
|
$12.89 Billion |
|
Okta Inc
NASDAQ:OKTA
|
$12.84 Billion |
|
Jiangsu Wujiang China Eastern Silk Market Co Ltd
SHE:000301
|
$12.84 Billion |
|
Westlake Chemical Corporation
NYSE:WLK
|
$12.84 Billion |
|
QXO, Inc.
NASDAQ:QXO
|
$12.83 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingspan Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,848,000,000 to 4,292,500,000, a change of 444,500,000 (11.6%).
- Net income of 665,500,000 contributed positively to equity growth.
- Dividend payments of 96,600,000 reduced retained earnings.
- Share repurchases of 134,600,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €665.50 Million | +15.5% |
| Dividends Paid | €96.60 Million | -2.25% |
| Share Repurchases | €134.60 Million | -3.14% |
| Other Changes | €10.20 Million | +0.24% |
| Total Change | €- | 11.55% |
Book Value vs Market Value Analysis
This analysis compares Kingspan Group plc'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: 3.33x
- 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 624.07x to 3.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | €0.13 | €78.65 | x |
| 1989-12-31 | €0.33 | €78.65 | x |
| 1990-12-31 | €0.48 | €78.65 | x |
| 1991-12-31 | €0.54 | €78.65 | x |
| 1992-12-31 | €0.46 | €78.65 | x |
| 1993-12-31 | €0.55 | €78.65 | x |
| 1994-12-31 | €0.74 | €78.65 | x |
| 1995-12-31 | €1.17 | €78.65 | x |
| 1996-12-31 | €1.21 | €78.65 | x |
| 1997-12-31 | €0.41 | €78.65 | x |
| 1998-12-31 | €0.57 | €78.65 | x |
| 1999-12-31 | €0.85 | €78.65 | x |
| 2000-12-31 | €1.10 | €78.65 | x |
| 2001-12-31 | €1.36 | €78.65 | x |
| 2002-12-31 | €1.40 | €78.65 | x |
| 2003-12-31 | €1.49 | €78.65 | x |
| 2004-12-31 | €1.81 | €78.65 | x |
| 2005-12-31 | €2.42 | €78.65 | x |
| 2006-12-31 | €3.16 | €78.65 | x |
| 2007-12-31 | €3.88 | €78.65 | x |
| 2008-12-31 | €3.05 | €78.65 | x |
| 2009-12-31 | €3.45 | €78.65 | x |
| 2010-12-31 | €3.89 | €78.65 | x |
| 2011-12-31 | €4.29 | €78.65 | x |
| 2012-12-31 | €4.71 | €78.65 | x |
| 2013-12-31 | €4.92 | €78.65 | x |
| 2014-12-31 | €5.73 | €78.65 | x |
| 2015-12-31 | €7.16 | €78.65 | x |
| 2016-12-31 | €8.07 | €78.65 | x |
| 2017-12-31 | €8.46 | €78.65 | x |
| 2018-12-31 | €9.64 | €78.65 | x |
| 2019-12-31 | €11.37 | €78.65 | x |
| 2020-12-31 | €12.85 | €78.65 | x |
| 2021-12-31 | €15.96 | €78.65 | x |
| 2022-12-31 | €18.28 | €78.65 | x |
| 2023-12-31 | €21.15 | €78.65 | x |
| 2024-12-31 | €23.61 | €78.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingspan Group plc 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): 15.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.73%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.29x
- Recent ROE (15.50%) is below the historical average (21.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 58.64% | 6.67% | 1.60x | 5.50x | €1.60 Million |
| 1989 | 29.43% | 6.30% | 1.56x | 2.99x | €1.68 Million |
| 1990 | 24.26% | 5.74% | 1.49x | 2.85x | €1.80 Million |
| 1991 | 13.82% | 3.49% | 1.35x | 2.92x | €540.50K |
| 1992 | 8.19% | 1.87% | 1.48x | 2.95x | €-219.70K |
| 1993 | 17.58% | 4.14% | 1.70x | 2.51x | €1.09 Million |
| 1994 | 19.75% | 5.48% | 1.66x | 2.17x | €1.90 Million |
| 1995 | 20.31% | 5.94% | 1.69x | 2.02x | €3.19 Million |
| 1996 | 39.70% | 8.27% | 1.51x | 3.18x | €9.91 Million |
| 1997 | 42.67% | 9.67% | 1.67x | 2.64x | €22.48 Million |
| 1998 | 37.56% | 9.89% | 1.26x | 3.01x | €26.77 Million |
| 1999 | 31.57% | 8.57% | 1.35x | 2.74x | €31.19 Million |
| 2000 | 27.29% | 7.73% | 1.36x | 2.59x | €32.46 Million |
| 2001 | 23.80% | 6.68% | 1.27x | 2.80x | €32.12 Million |
| 2002 | 21.40% | 6.83% | 1.21x | 2.59x | €26.89 Million |
| 2003 | 20.69% | 6.56% | 1.32x | 2.38x | €26.56 Million |
| 2004 | 25.63% | 8.15% | 1.33x | 2.37x | €47.61 Million |
| 2005 | 26.76% | 8.96% | 1.28x | 2.33x | €69.75 Million |
| 2006 | 27.79% | 10.34% | 1.26x | 2.13x | €96.68 Million |
| 2007 | 27.97% | 10.05% | 1.41x | 1.98x | €120.33 Million |
| 2008 | 8.70% | 2.69% | 1.35x | 2.40x | €-6.74 Million |
| 2009 | 8.20% | 4.23% | 1.00x | 1.95x | €-10.43 Million |
| 2010 | 7.35% | 4.08% | 0.98x | 1.83x | €-17.54 Million |
| 2011 | 8.48% | 4.00% | 1.08x | 1.97x | €-11.05 Million |
| 2012 | 9.12% | 4.51% | 1.03x | 1.96x | €-7.10 Million |
| 2013 | 10.29% | 4.90% | 1.12x | 1.87x | €2.47 Million |
| 2014 | 10.71% | 5.67% | 1.03x | 1.83x | €7.09 Million |
| 2015 | 14.67% | 6.78% | 1.09x | 1.99x | €59.86 Million |
| 2016 | 17.55% | 8.22% | 1.03x | 2.07x | €109.91 Million |
| 2017 | 18.60% | 7.75% | 1.13x | 2.12x | €131.49 Million |
| 2018 | 18.91% | 7.57% | 1.09x | 2.30x | €155.87 Million |
| 2019 | 17.84% | 7.93% | 1.09x | 2.07x | €162.37 Million |
| 2020 | 15.91% | 8.16% | 0.86x | 2.27x | €138.71 Million |
| 2021 | 19.16% | 8.53% | 1.02x | 2.21x | €264.89 Million |
| 2022 | 18.01% | 7.17% | 1.09x | 2.31x | €266.03 Million |
| 2023 | 16.64% | 7.91% | 1.01x | 2.08x | €255.50 Million |
| 2024 | 15.50% | 7.73% | 0.88x | 2.29x | €236.25 Million |
Industry Comparison
This section compares Kingspan Group plc's net assets metrics with peer companies in the Building Products & Equipment industry.
No peer company data available for comparison.
About Kingspan Group plc
Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally. It operates through five segments: Insulated Panels; Insulation; Data Solutions; Light, Air + Water; and Roofing + Waterproofing. The Insulated Panels segment manufactures insulated panels, structura… Read more