Kalray SA (ALKAL) - Net Assets
Based on the latest financial reports, Kalray SA (ALKAL) has net assets worth €33.24 Million EUR (≈ $38.86 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€66.84 Million ≈ $78.14 Million USD) and total liabilities (€33.60 Million ≈ $39.29 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. Check asset resilience ratio of Kalray SA to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €33.24 Million |
| % of Total Assets | 49.73% |
| Annual Growth Rate | 40.36% |
| 5-Year Change | 21.39% |
| 10-Year Change | N/A |
| Growth Volatility | 210.7 |
Kalray SA - Net Assets Trend (2015–2024)
This chart illustrates how Kalray SA's net assets have evolved over time, based on quarterly financial data. Also explore Kalray SA total assets for the complete picture of this company's asset base.
Annual Net Assets for Kalray SA (2015–2024)
The table below shows the annual net assets of Kalray SA from 2015 to 2024. For live valuation and market cap data, see ALKAL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 2046100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €1.08 Million | 3.11% |
| Other Comprehensive Income | €-13.16 Million | -37.99% |
| Other Components | €67.17 Million | 193.95% |
| Total Equity | €34.63 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 |
|---|---|
|
Ithaca Energy PLC
LSE:ITH
|
$53.32 Million |
|
Rent.com.Au Ltd
AU:RNT
|
$53.34 Million |
|
Elinoil Hellenic Petroleum Company S.A
AT:ELIN
|
$53.35 Million |
|
Kriti Nutrients Limited
NSE:KRITINUT
|
$53.38 Million |
|
Po Valley Energy Ltd
AU:PVE
|
$53.30 Million |
|
Malaysia Steel Works KL Bhd
KLSE:5098
|
$53.29 Million |
|
Ocumetics Technology Corp
V:OTC
|
$53.27 Million |
|
Reliance Securities Tbk
JK:RELI
|
$53.26 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 2023 to 2024, total equity changed from 56,646,000 to 34,634,000, a change of -22,012,000 (-38.9%).
- Net loss of 23,266,000 reduced equity.
- Share repurchases of 2,504,000 reduced equity.
- Other comprehensive income decreased equity by 24,738,000.
- Other factors increased equity by 28,496,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-23.27 Million | -67.18% |
| Share Repurchases | €2.50 Million | -7.23% |
| Other Comprehensive Income | €-24.74 Million | -71.43% |
| Other Changes | €28.50 Million | +82.28% |
| Total Change | €- | -38.86% |
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: 1.94x
- 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 | €8.08 | x |
| 2017-12-31 | €-0.19 | €8.08 | x |
| 2018-12-31 | €10.05 | €8.08 | x |
| 2019-12-31 | €5.90 | €8.08 | x |
| 2020-12-31 | €5.27 | €8.08 | x |
| 2021-12-31 | €4.40 | €8.08 | x |
| 2022-12-31 | €8.23 | €8.08 | x |
| 2023-12-31 | €6.81 | €8.08 | x |
| 2024-12-31 | €4.16 | €8.08 | 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): -67.18%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -93.72%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.54x
- Recent ROE (-67.18%) is below the historical average (-30.75%), suggesting potential challenges in 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 |
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: $9,443,425,254
- Average return on equity (ROE) among peers: 1.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kalray SA (ALKAL) | €33.24 Million | 0.00% | 1.01x | $53.30 Million |
| STMicroelectronics N.V. (STMPA) | $18.23 Billion | 0.95% | 0.36x | $25.15 Billion |
| X Fab Silicon Foundries EV (XFAB) | $659.68 Million | 2.05% | 0.26x | $646.89 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