DSV Panalpina A/S
DSV A/S offers freight forwarding and logistics services in Europe, the Middle East, Africa, North America, South America, Asia, Australia, and the Pacific. It operates through three segments: Air & Sea, Road, and Solutions. The company provides air freight, charter, and sea-air freight services, as well as unit load devices; sea freight services, including less-than-container load services, sea … Read more
DSV Panalpina A/S (DSDVF) - Net Assets
Latest net assets as of December 2025: $117.42 Billion USD
Based on the latest financial reports, DSV Panalpina A/S (DSDVF) has net assets worth $117.42 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($289.72 Billion) and total liabilities ($172.29 Billion). 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 | $117.42 Billion |
| % of Total Assets | 40.53% |
| Annual Growth Rate | 18.74% |
| 5-Year Change | 58.09% |
| 10-Year Change | 777.74% |
| Growth Volatility | 52.51 |
DSV Panalpina A/S - Net Assets Trend (2002–2025)
This chart illustrates how DSV Panalpina A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DSV Panalpina A/S (2002–2025)
The table below shows the annual net assets of DSV Panalpina A/S from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $117.42 Billion | +2.55% |
| 2024-12-31 | $114.50 Billion | +66.03% |
| 2023-12-31 | $68.97 Billion | -3.87% |
| 2022-12-31 | $71.74 Billion | -3.42% |
| 2021-12-31 | $74.28 Billion | +57.05% |
| 2020-12-31 | $47.30 Billion | -4.10% |
| 2019-12-31 | $49.32 Billion | +239.38% |
| 2018-12-31 | $14.53 Billion | -1.87% |
| 2017-12-31 | $14.81 Billion | +10.70% |
| 2016-12-31 | $13.38 Billion | +12.98% |
| 2015-12-31 | $11.84 Billion | +94.72% |
| 2014-12-31 | $6.08 Billion | -2.67% |
| 2013-12-31 | $6.25 Billion | +16.03% |
| 2012-12-31 | $5.38 Billion | +1.43% |
| 2011-12-31 | $5.31 Billion | -19.38% |
| 2010-12-31 | $6.58 Billion | +18.46% |
| 2009-12-31 | $5.56 Billion | +44.13% |
| 2008-12-31 | $3.86 Billion | +5.70% |
| 2007-12-31 | $3.65 Billion | -5.07% |
| 2006-12-31 | $3.84 Billion | +15.68% |
| 2005-12-31 | $3.32 Billion | +4.14% |
| 2004-12-31 | $3.19 Billion | +28.83% |
| 2003-12-31 | $2.48 Billion | +9.55% |
| 2002-12-31 | $2.26 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DSV Panalpina A/S'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 12598.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $122.29 Billion | 104.39% |
| Common Stock | $239.46 Million | 0.20% |
| Other Comprehensive Income | $-5.38 Billion | -4.59% |
| Other Components | $1.00K | 0.00% |
| Total Equity | $117.15 Billion | 100.00% |
DSV Panalpina A/S Competitors by Market Cap
The table below lists competitors of DSV Panalpina A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Microchip Technology Inc
NASDAQ:MCHP
|
$34.21 Billion |
|
Adyen N.V
PINK:ADYYF
|
$34.24 Billion |
|
Flutter Entertainment plc
PINK:FLUT
|
$34.35 Billion |
|
Vulcan Materials Company
NYSE:VMC
|
$34.56 Billion |
|
Diamondback Energy Inc
NASDAQ:FANG
|
$34.14 Billion |
|
Hoya Corp
PINK:HOCPY
|
$34.14 Billion |
|
Intact Financial Corporation
PINK:IFCZF
|
$34.07 Billion |
|
Kimberly-Clark Corporation
NYSE:KMB
|
$34.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DSV Panalpina A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 114,182,000,000 to 117,148,051,000, a change of 2,966,051,000 (2.6%).
- Net income of 8,076,664,000 contributed positively to equity growth.
- Dividend payments of 1,679,188,000 reduced retained earnings.
- New share issuances of 2,080,000,000 increased equity.
- Other comprehensive income decreased equity by 5,380,785,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.08 Billion | +6.89% |
| Dividends Paid | $1.68 Billion | -1.43% |
| Share Issuances | $2.08 Billion | +1.78% |
| Other Comprehensive Income | $-5.38 Billion | -4.59% |
| Other Changes | $-130.64 Million | -0.11% |
| Total Change | $- | 2.60% |
Book Value vs Market Value Analysis
This analysis compares DSV Panalpina A/S'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: 0.35x
- 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 17.08x to 0.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $10.26 | $175.20 | x |
| 2003-12-31 | $11.17 | $175.20 | x |
| 2004-12-31 | $13.72 | $175.20 | x |
| 2005-12-31 | $15.21 | $175.20 | x |
| 2006-12-31 | $18.09 | $175.20 | x |
| 2007-12-31 | $17.47 | $175.20 | x |
| 2008-12-31 | $20.59 | $175.20 | x |
| 2009-12-31 | $27.07 | $175.20 | x |
| 2010-12-31 | $31.28 | $175.20 | x |
| 2011-12-31 | $26.71 | $175.20 | x |
| 2012-12-31 | $29.07 | $175.20 | x |
| 2013-12-31 | $34.96 | $175.20 | x |
| 2014-12-31 | $34.73 | $175.20 | x |
| 2015-12-31 | $68.66 | $175.20 | x |
| 2016-12-31 | $71.71 | $175.20 | x |
| 2017-12-31 | $78.45 | $175.20 | x |
| 2018-12-31 | $78.59 | $175.20 | x |
| 2019-12-31 | $245.43 | $175.20 | x |
| 2020-12-31 | $204.62 | $175.20 | x |
| 2021-12-31 | $318.53 | $175.20 | x |
| 2022-12-31 | $310.32 | $175.20 | x |
| 2023-12-31 | $318.78 | $175.20 | x |
| 2024-12-31 | $530.64 | $175.20 | x |
| 2025-12-31 | $496.06 | $175.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DSV Panalpina A/S 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): 6.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.30%
- • Asset Turnover: 0.84x
- • Equity Multiplier: 2.47x
- Recent ROE (6.89%) is below the historical average (19.16%), 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 | 15.63% | 1.86% | 2.06x | 4.08x | $119.90 Million |
| 2003 | 13.10% | 1.72% | 2.20x | 3.46x | $71.90 Million |
| 2004 | 34.86% | 5.99% | 2.26x | 2.58x | $772.30 Million |
| 2005 | 20.49% | 2.86% | 2.20x | 3.25x | $336.80 Million |
| 2006 | 18.30% | 2.12% | 1.99x | 4.34x | $307.10 Million |
| 2007 | 32.22% | 3.19% | 2.14x | 4.72x | $768.30 Million |
| 2008 | 32.38% | 3.29% | 1.58x | 6.23x | $852.20 Million |
| 2009 | 3.47% | 0.53% | 1.63x | 4.03x | $-359.10 Million |
| 2010 | 18.23% | 2.81% | 1.84x | 3.52x | $539.10 Million |
| 2011 | 27.28% | 3.29% | 1.92x | 4.31x | $912.10 Million |
| 2012 | 26.68% | 3.18% | 1.97x | 4.26x | $892.20 Million |
| 2013 | 25.36% | 3.45% | 1.98x | 3.72x | $955.20 Million |
| 2014 | 24.62% | 3.07% | 2.05x | 3.91x | $884.80 Million |
| 2015 | 17.41% | 4.04% | 1.83x | 2.35x | $875.10 Million |
| 2016 | 12.43% | 2.46% | 1.68x | 3.01x | $326.40 Million |
| 2017 | 20.09% | 3.98% | 1.95x | 2.59x | $1.50 Billion |
| 2018 | 27.47% | 5.06% | 2.04x | 2.67x | $2.54 Billion |
| 2019 | 7.49% | 3.91% | 0.97x | 1.97x | $-1.24 Billion |
| 2020 | 8.97% | 3.67% | 1.20x | 2.03x | $-488.50 Million |
| 2021 | 15.12% | 6.15% | 1.13x | 2.18x | $3.79 Billion |
| 2022 | 24.56% | 7.45% | 1.48x | 2.22x | $10.42 Billion |
| 2023 | 17.92% | 8.17% | 1.02x | 2.14x | $5.44 Billion |
| 2024 | 8.85% | 6.05% | 0.71x | 2.07x | $-1.31 Billion |
| 2025 | 6.89% | 3.30% | 0.84x | 2.47x | $-3.64 Billion |
Industry Comparison
This section compares DSV Panalpina A/S's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $368,651,163
- Average return on equity (ROE) among peers: 13.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DSV Panalpina A/S (DSDVF) | $117.42 Billion | 15.63% | 1.47x | $34.15 Billion |
| Andlauer Healthcare Group Inc (ANDHF) | $352.12 Million | 25.55% | 0.83x | $469.38 Million |
| Aqua Power Systems Inc (APSI) | $-106.64K | 0.00% | 0.00x | $383.65K |
| A-Sonic Aerospace Limited (ASNCF) | $38.42 Million | 0.28% | 1.15x | $7.03 Million |
| Addentax Group Corp (ATXG) | $86.00K | 65.43% | 97.87x | $2.89 Million |
| bpost SA/NV (BPOSF) | $682.60 Million | 22.59% | 4.53x | $472.00 Million |
| Armlogi Holding Corp. Common Stock (BTOC) | $25.09 Million | -61.17% | 5.78x | $4.28 Million |
| Compañía de Distribución Integral Logista Holdings S.A (CDNIF) | $641.80 Million | 48.03% | 11.59x | $1.70 Billion |
| Cargojet Inc (CGJTF) | $66.60 Million | 3.60% | 5.94x | $791.09 Million |
| CH Robinson Worldwide Inc (CHRW) | $1.88 Billion | 26.94% | 1.74x | $20.09 Billion |
| Tianci International, Inc. Common Stock (CIIT) | $-32.66K | 0.00% | 0.00x | $14.82 Million |