Kalray SA Net Assets
Kalray SA net assets. Based on the latest financial reports, Kalray SA (ALKAL) has net assets worth €32.67 Million EUR (≈ $38.20 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€56.41 Million ≈ $65.95 Million USD) and total liabilities (€23.73 Million ≈ $27.75 Million 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 Kalray SA (ALKAL) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €32.67 Million |
| % of Total Assets | 57.92% |
| Annual Growth Rate | 34.9% |
| 5-Year Change | 27.33% |
| 10-Year Change | N/A |
| Growth Volatility | 198.46 |
Net Assets of Kalray SA (2015–2025)
Net assets of Kalray SA from 2015 to 2025. This chart illustrates how Kalray SA's net assets have evolved over time, based on quarterly financial data. See Kalray SA balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Kalray SA (2015–2025)
The table below shows the annual net assets of Kalray SA from 2015 to 2025. For live market cap and overall valuation, see Kalray SA market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €32.67 Million ≈ $38.20 Million |
-5.66% |
| 2024-12-31 | €34.63 Million ≈ $40.49 Million |
-38.86% |
| 2023-12-31 | €56.65 Million ≈ $66.23 Million |
+4.87% |
| 2022-12-31 | €54.02 Million ≈ $63.15 Million |
+110.51% |
| 2021-12-31 | €25.66 Million ≈ $30.00 Million |
-10.06% |
| 2020-12-31 | €28.53 Million ≈ $33.36 Million |
+7.00% |
| 2019-12-31 | €26.66 Million ≈ $31.17 Million |
-24.97% |
| 2018-12-31 | €35.54 Million ≈ $41.55 Million |
+10709.25% |
| 2017-12-31 | €-335.00K ≈ $-391.65K |
+95.74% |
| 2016-12-31 | €-7.86 Million ≈ $-9.19 Million |
-580.21% |
| 2015-12-31 | €1.64 Million ≈ $1.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kalray SA'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.
Kalray SA Net Assets Breakdown (December 2025)
Kalray SA net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €1.50 Million | 3.96% |
| Other Components | €36.50 Million | 96.04% |
| Total Equity | €38.01 Million | 100.00% |
Kalray SA Competitors by Market Cap
The table below lists competitors of Kalray SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Thac Ba Hydropower JSC
VN:TBC
|
$74.31 Million |
|
Fintech Ecosystem Development Corp
NASDAQ:FEXD
|
$74.36 Million |
|
Inpro SA
WAR:INP
|
$74.38 Million |
|
TVS Electronics Limited
NSE:TVSELECT
|
$74.40 Million |
|
Brightek Optoelectronic Co Ltd
TW:5244
|
$74.28 Million |
|
Sera Prognostics Inc
NASDAQ:SERA
|
$74.27 Million |
|
Aviv Arlon Ltd
TA:AVLN
|
$74.25 Million |
|
Railcare Group AB (publ)
ST:RAIL
|
$74.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kalray SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 34,634,000 to 38,007,000, a change of 3,373,000 (9.7%).
- Net loss of 4,540,000 reduced equity.
- New share issuances of 1,161,000 increased equity.
- Other comprehensive income increased equity by 13,156,000.
- Other factors decreased equity by 6,404,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-4.54 Million | -11.95% |
| Share Issuances | €1.16 Million | +3.05% |
| Other Comprehensive Income | €13.16 Million | +34.61% |
| Other Changes | €-6.40 Million | -16.85% |
| Total Change | €- | 9.74% |
Book Value vs Market Value Analysis
This analysis compares Kalray SA'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: 1.18x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | €-3.50 | €3.45 | x |
| 2017-12-31 | €-0.19 | €3.45 | x |
| 2018-12-31 | €10.05 | €3.45 | x |
| 2019-12-31 | €5.90 | €3.45 | x |
| 2020-12-31 | €5.27 | €3.45 | x |
| 2021-12-31 | €4.40 | €3.45 | x |
| 2022-12-31 | €8.23 | €3.45 | x |
| 2023-12-31 | €6.81 | €3.45 | x |
| 2024-12-31 | €4.16 | €3.45 | x |
| 2025-12-31 | €2.93 | €3.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kalray SA 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): -11.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -27.60%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.48x
- Recent ROE (-11.95%) is above the historical average (-28.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | -716.05% | 0.10x | 0.00x | €-8.76 Million |
| 2017 | 0.00% | -782.06% | 0.05x | 0.00x | €-6.81 Million |
| 2018 | -24.01% | -132.65% | 0.13x | 1.41x | €-12.09 Million |
| 2019 | -34.07% | -121.42% | 0.18x | 1.54x | €-11.75 Million |
| 2020 | -41.56% | -1144.05% | 0.02x | 1.67x | €-14.66 Million |
| 2021 | -58.98% | -1039.55% | 0.03x | 1.69x | €-17.68 Million |
| 2022 | -30.33% | -94.72% | 0.19x | 1.72x | €-20.67 Million |
| 2023 | -20.64% | -45.27% | 0.32x | 1.42x | €-17.36 Million |
| 2024 | -67.18% | -93.72% | 0.28x | 2.54x | €-26.73 Million |
| 2025 | -11.95% | -27.60% | 0.29x | 1.48x | €-8.34 Million |
Industry Comparison
This section compares Kalray SA's net assets metrics with peer companies in the Semiconductors industry.
Industry Context
- Industry: Semiconductors
- Average net assets among peers: $1,665,439,000
- Average return on equity (ROE) among peers: 10.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kalray SA (ALKAL) | €32.67 Million | 0.00% | 0.73x | $74.29 Million |
| STMicroelectronics N.V. (STMPA) | $2.67 Billion | 19.71% | 0.68x | $25.15 Billion |
| X Fab Silicon Foundries EV (XFAB) | $659.68 Million | 2.05% | 0.26x | $797.97 Million |
About Kalray SA
Kalray S.A. provides processors and acceleration cards in France. It offers acceleration cards; AI and compute acceleration cards; and storage acceleration cards, as well as MPPA processor for various data transfers. It serves AI, media and entertainment, life science, scientific research, storage, edge computing, artificial intelligence, embedded, automotive, and other sectors. Kalray S.A. was f… Read more