Kalray SA (ALKAL) - 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. Check Kalray SA (ALKAL) strategic asset index to assess the company's strategic physical and investment asset allocation.
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 |
Kalray SA - Net Assets Trend (2015–2025)
This chart illustrates how Kalray SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Kalray SA (ALKAL) total market value.
Annual Net Assets for Kalray SA (2015–2025)
The table below shows the annual net assets of Kalray SA from 2015 to 2025. Also explore net asset growth rate of Kalray SA to track the company's year-over-year net asset growth rate.
| 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.
Current Equity Component Breakdown (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 |
|---|---|
|
Arihant Superstructures Limited
NSE:ARIHANTSUP
|
$106.27 Million |
|
icad inc
NASDAQ:ICAD
|
$106.31 Million |
|
Bogota Financial Corp
NASDAQ:BSBK
|
$106.38 Million |
|
Daishin Information & Communications Co.Ltd
KQ:020180
|
$106.38 Million |
|
Lhyfe SA
PA:LHYFE
|
$106.24 Million |
|
Forsys Metals Corp.
TO:FSY
|
$106.22 Million |
|
Samick Thk
KO:004380
|
$106.19 Million |
|
Han Chang Pape
KO:009460
|
$106.14 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: 1.77x
- 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 | €5.18 | x |
| 2017-12-31 | €-0.19 | €5.18 | x |
| 2018-12-31 | €10.05 | €5.18 | x |
| 2019-12-31 | €5.90 | €5.18 | x |
| 2020-12-31 | €5.27 | €5.18 | x |
| 2021-12-31 | €4.40 | €5.18 | x |
| 2022-12-31 | €8.23 | €5.18 | x |
| 2023-12-31 | €6.81 | €5.18 | x |
| 2024-12-31 | €4.16 | €5.18 | x |
| 2025-12-31 | €2.93 | €5.18 | 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 | $106.25 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 | $885.03 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