Forbo Holding AG
Forbo Holding AG engages in the production and sale floor coverings, building and construction adhesives, and power transmission and conveyor technology worldwide. The company operates through two divisions, Flooring Systems and Movement Systems. The Flooring Systems division develops, produces, and sells linoleum, vinyl floorings, entrance flooring systems, carpet tiles, needle felt floor coveri… Read more
Forbo Holding AG (FBOHF) - Net Assets
Latest net assets as of June 2025: $607.60 Million USD
Based on the latest financial reports, Forbo Holding AG (FBOHF) has net assets worth $607.60 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 ($957.50 Million) and total liabilities ($349.90 Million). 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 | $607.60 Million |
| % of Total Assets | 63.46% |
| Annual Growth Rate | 0.26% |
| 5-Year Change | -8.41% |
| 10-Year Change | 11.95% |
| Growth Volatility | 11.74 |
Forbo Holding AG - Net Assets Trend (2002–2024)
This chart illustrates how Forbo Holding AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Forbo Holding AG (2002–2024)
The table below shows the annual net assets of Forbo Holding AG from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $626.00 Million | +13.06% |
| 2023-12-31 | $553.70 Million | +0.65% |
| 2022-12-31 | $550.10 Million | +5.42% |
| 2021-12-31 | $521.80 Million | -23.66% |
| 2020-12-31 | $683.50 Million | +1.02% |
| 2019-12-31 | $676.60 Million | +14.37% |
| 2018-12-31 | $591.60 Million | -10.53% |
| 2017-12-31 | $661.20 Million | +6.40% |
| 2016-12-31 | $621.40 Million | +11.12% |
| 2015-12-31 | $559.20 Million | -24.31% |
| 2014-12-31 | $738.80 Million | -6.10% |
| 2013-12-31 | $786.80 Million | -3.74% |
| 2012-12-31 | $817.40 Million | +0.26% |
| 2011-12-31 | $815.30 Million | +11.73% |
| 2010-12-31 | $729.70 Million | +7.37% |
| 2009-12-31 | $679.60 Million | +16.29% |
| 2008-12-31 | $584.40 Million | -18.05% |
| 2007-12-31 | $713.10 Million | +11.67% |
| 2006-12-31 | $638.60 Million | +14.42% |
| 2005-12-31 | $558.10 Million | +2.65% |
| 2004-12-31 | $543.70 Million | -5.03% |
| 2003-12-31 | $572.50 Million | -3.06% |
| 2002-12-31 | $590.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forbo Holding AG'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 102460000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.02 Billion | 163.67% |
| Common Stock | $100.00K | 0.02% |
| Total Equity | $626.00 Million | 100.00% |
Forbo Holding AG Competitors by Market Cap
The table below lists competitors of Forbo Holding AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mercuries Life Insurance Co Ltd
TW:2867
|
$726.04 Million |
|
Hyundai Department
KO:069960
|
$726.20 Million |
|
Franklin BSP Realty Trust Inc
NYSE:FBRT
|
$726.39 Million |
|
Pavilion Real Estate Inv Trust
KLSE:5212
|
$726.65 Million |
|
Reliance Power Limited
NSE:RPOWER
|
$725.55 Million |
|
Nexteer Automotive Group Limited
PINK:NTXVF
|
$725.13 Million |
|
Cpi Property Group SA
XETRA:O5G
|
$725.10 Million |
|
Tanco Holdings Bhd
KLSE:2429
|
$724.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forbo Holding AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 553,700,000 to 626,000,000, a change of 72,300,000 (13.1%).
- Net income of 95,100,000 contributed positively to equity growth.
- Dividend payments of 35,200,000 reduced retained earnings.
- Share repurchases of 4,500,000 reduced equity.
- New share issuances of 6,500,000 increased equity.
- Other comprehensive income decreased equity by 553,600,000.
- Other factors increased equity by 564,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $95.10 Million | +15.19% |
| Dividends Paid | $35.20 Million | -5.62% |
| Share Repurchases | $4.50 Million | -0.72% |
| Share Issuances | $6.50 Million | +1.04% |
| Other Comprehensive Income | $-553.60 Million | -88.43% |
| Other Changes | $564.00 Million | +90.1% |
| Total Change | $- | 13.06% |
Book Value vs Market Value Analysis
This analysis compares Forbo Holding AG'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: 1.89x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.54x to 1.89x 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 | $237.42 | $840.00 | x |
| 2003-12-31 | $231.50 | $840.00 | x |
| 2004-12-31 | $368.14 | $840.00 | x |
| 2005-12-31 | $211.88 | $840.00 | x |
| 2006-12-31 | $245.94 | $840.00 | x |
| 2007-12-31 | $279.92 | $840.00 | x |
| 2008-12-31 | $249.13 | $840.00 | x |
| 2009-12-31 | $300.65 | $840.00 | x |
| 2010-12-31 | $319.42 | $840.00 | x |
| 2011-12-31 | $348.46 | $840.00 | x |
| 2012-12-31 | $369.06 | $840.00 | x |
| 2013-12-31 | $379.78 | $840.00 | x |
| 2014-12-31 | $370.22 | $840.00 | x |
| 2015-12-31 | $300.41 | $840.00 | x |
| 2016-12-31 | $363.50 | $840.00 | x |
| 2017-12-31 | $382.58 | $840.00 | x |
| 2018-12-31 | $354.13 | $840.00 | x |
| 2019-12-31 | $422.36 | $840.00 | x |
| 2020-12-31 | $428.66 | $840.00 | x |
| 2021-12-31 | $338.51 | $840.00 | x |
| 2022-12-31 | $389.15 | $840.00 | x |
| 2023-12-31 | $392.76 | $840.00 | x |
| 2024-12-31 | $443.86 | $840.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forbo Holding AG 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): 15.19%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.48%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 1.56x
- Recent ROE (15.19%) is above the historical average (12.99%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 7.21% | 2.78% | 0.96x | 2.71x | $-16.46 Million |
| 2003 | 2.81% | 1.01% | 1.02x | 2.73x | $-41.15 Million |
| 2004 | -28.95% | -9.70% | 1.07x | 2.79x | $-211.77 Million |
| 2005 | -2.96% | -0.97% | 1.07x | 2.85x | $-72.31 Million |
| 2006 | 9.58% | 3.26% | 1.25x | 2.35x | $-2.66 Million |
| 2007 | 15.52% | 5.52% | 1.43x | 1.97x | $39.39 Million |
| 2008 | 2.74% | 0.83% | 1.04x | 3.14x | $-42.44 Million |
| 2009 | 11.20% | 4.27% | 1.02x | 2.57x | $8.14 Million |
| 2010 | 22.38% | 9.12% | 1.20x | 2.05x | $90.33 Million |
| 2011 | 17.97% | 12.17% | 0.80x | 1.84x | $64.97 Million |
| 2012 | 24.13% | 16.42% | 0.90x | 1.63x | $115.46 Million |
| 2013 | 14.95% | 9.80% | 1.06x | 1.43x | $38.92 Million |
| 2014 | 16.73% | 10.07% | 1.12x | 1.48x | $49.72 Million |
| 2015 | 20.69% | 10.16% | 1.25x | 1.63x | $59.78 Million |
| 2016 | 20.53% | 10.76% | 1.20x | 1.59x | $65.46 Million |
| 2017 | 5.85% | 3.10% | 1.17x | 1.61x | $-27.42 Million |
| 2018 | 23.26% | 10.37% | 1.35x | 1.66x | $78.44 Million |
| 2019 | 20.44% | 10.79% | 1.15x | 1.65x | $70.64 Million |
| 2020 | 15.54% | 9.50% | 1.00x | 1.64x | $37.85 Million |
| 2021 | 27.06% | 11.26% | 1.26x | 1.91x | $89.02 Million |
| 2022 | 18.43% | 7.84% | 1.33x | 1.77x | $46.39 Million |
| 2023 | 18.48% | 8.70% | 1.30x | 1.63x | $46.93 Million |
| 2024 | 15.19% | 8.48% | 1.15x | 1.56x | $32.50 Million |
Industry Comparison
This section compares Forbo Holding AG's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $287,437,890
- Average return on equity (ROE) among peers: 3.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forbo Holding AG (FBOHF) | $607.60 Million | 7.21% | 0.58x | $725.82 Million |
| AAON Inc (AAON) | $96.52 Million | 29.62% | 0.46x | $5.36 Billion |
| AC Partners Inc (ACPS) | $705.96K | -5.90% | 0.29x | $4.89K |
| Antelope Enterprise Holdings Ltd (AEHL) | $1.44 Billion | 16.90% | 0.16x | $2.07 Million |
| Armstrong Flooring Inc (AFIIQ) | $391.00 Million | -41.69% | 0.81x | $2.18K |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $91.75 Million |
| Atlas Engineered Products Ltd (APEUF) | $19.81 Million | 35.10% | 0.81x | $33.22 Million |
| Apogee Enterprises Inc (APOG) | $406.19 Million | 16.09% | 0.62x | $694.45 Million |
| Alpha Pro Tech Ltd (APT) | $7.10 Million | 15.49% | 0.41x | $38.91 Million |
| Arlo Technologies (ARLO) | $103.28 Million | -21.34% | 1.76x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $122.47 Million | -5.24% | 0.14x | $253.70 Million |