Givaudan SA
Givaudan SA engages in the manufacture, supply, and sale of fragrance, beauty, taste, and wellbeing products to the consumer goods industry. It operates in two divisions, Fragrance & Beauty, and Taste & Wellbeing. The Fragrance & Beauty division offers fine fragrances; consumer products, such as personal, home, fabric, and oral care; fragrance ingredients; and active beauty products. The Taste & … Read more
Givaudan SA (GVDBF) - Net Assets
Latest net assets as of December 2025: $4.57 Billion USD
Based on the latest financial reports, Givaudan SA (GVDBF) has net assets worth $4.57 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 ($11.86 Billion) and total liabilities ($7.30 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 | $4.57 Billion |
| % of Total Assets | 38.5% |
| Annual Growth Rate | 2.21% |
| 5-Year Change | 15.91% |
| 10-Year Change | 38.72% |
| Growth Volatility | 13.07 |
Givaudan SA - Net Assets Trend (2002–2025)
This chart illustrates how Givaudan SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Givaudan SA (2002–2025)
The table below shows the annual net assets of Givaudan SA from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $4.57 Billion | -0.22% |
| 2024-12-31 | $4.58 Billion | +14.51% |
| 2023-12-31 | $4.00 Billion | -5.64% |
| 2022-12-31 | $4.24 Billion | +7.51% |
| 2021-12-31 | $3.94 Billion | +12.34% |
| 2020-12-31 | $3.51 Billion | -4.13% |
| 2019-12-31 | $3.66 Billion | -1.72% |
| 2018-12-31 | $3.72 Billion | +5.23% |
| 2017-12-31 | $3.54 Billion | +7.44% |
| 2016-12-31 | $3.29 Billion | -3.57% |
| 2015-12-31 | $3.42 Billion | +0.06% |
| 2014-12-31 | $3.41 Billion | -0.29% |
| 2013-12-31 | $3.42 Billion | -6.98% |
| 2012-12-31 | $3.68 Billion | +5.29% |
| 2011-12-31 | $3.50 Billion | +1.42% |
| 2010-12-31 | $3.45 Billion | +22.55% |
| 2009-12-31 | $2.81 Billion | +34.35% |
| 2008-12-31 | $2.09 Billion | -21.99% |
| 2007-12-31 | $2.68 Billion | -4.04% |
| 2006-12-31 | $2.80 Billion | +14.73% |
| 2005-12-31 | $2.44 Billion | +22.59% |
| 2004-12-31 | $1.99 Billion | -23.12% |
| 2003-12-31 | $2.59 Billion | -6.51% |
| 2002-12-31 | $2.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Givaudan 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 grown by 126.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.41 Billion | 163.39% |
| Common Stock | $92.00 Million | 2.03% |
| Total Equity | $4.54 Billion | 100.00% |
Givaudan SA Competitors by Market Cap
The table below lists competitors of Givaudan SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COHERENT CORP.
F:H7B
|
$40.03 Billion |
|
Franco-Nevada Corporation
NYSE:FNV
|
$40.13 Billion |
|
Strategy Inc
LSE:0A7O
|
$40.17 Billion |
|
Lumentum Holdings Inc
NASDAQ:LITE
|
$40.18 Billion |
|
Rockwell Automation Inc
NYSE:ROK
|
$40.03 Billion |
|
Kimco Realty Corporation
NYSE:KIM-PN
|
$39.96 Billion |
|
PG&E Corp
NYSE:PCG
|
$39.92 Billion |
|
CHINA PAC.IN.GR.GDR/5 YC1
F:75CB
|
$39.90 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Givaudan SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,578,000,000 to 4,537,000,000, a change of -41,000,000 (-0.9%).
- Net income of 1,071,000,000 contributed positively to equity growth.
- Dividend payments of 645,000,000 reduced retained earnings.
- Other factors decreased equity by 467,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.07 Billion | +23.61% |
| Dividends Paid | $645.00 Million | -14.22% |
| Other Changes | $-467.00 Million | -10.29% |
| Total Change | $- | -0.90% |
Book Value vs Market Value Analysis
This analysis compares Givaudan 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: 8.88x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 13.44x to 8.88x 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 | $323.20 | $4342.49 | x |
| 2003-12-31 | $320.66 | $4342.49 | x |
| 2004-12-31 | $261.27 | $4342.49 | x |
| 2005-12-31 | $336.86 | $4342.49 | x |
| 2006-12-31 | $394.71 | $4342.49 | x |
| 2007-12-31 | $375.83 | $4342.49 | x |
| 2008-12-31 | $279.58 | $4342.49 | x |
| 2009-12-31 | $352.01 | $4342.49 | x |
| 2010-12-31 | $381.43 | $4342.49 | x |
| 2011-12-31 | $382.13 | $4342.49 | x |
| 2012-12-31 | $401.54 | $4342.49 | x |
| 2013-12-31 | $369.07 | $4342.49 | x |
| 2014-12-31 | $365.86 | $4342.49 | x |
| 2015-12-31 | $366.43 | $4342.49 | x |
| 2016-12-31 | $354.57 | $4342.49 | x |
| 2017-12-31 | $381.01 | $4342.49 | x |
| 2018-12-31 | $399.29 | $4342.49 | x |
| 2019-12-31 | $391.95 | $4342.49 | x |
| 2020-12-31 | $375.60 | $4342.49 | x |
| 2021-12-31 | $422.89 | $4342.49 | x |
| 2022-12-31 | $457.36 | $4342.49 | x |
| 2023-12-31 | $431.38 | $4342.49 | x |
| 2024-12-31 | $494.03 | $4342.49 | x |
| 2025-12-31 | $489.11 | $4342.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Givaudan 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): 23.61%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.33%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 2.61x
- Recent ROE (23.61%) is above the historical average (15.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 9.29% | 9.57% | 0.59x | 1.65x | $-19.60 Million |
| 2003 | 8.36% | 7.96% | 0.60x | 1.76x | $-42.40 Million |
| 2004 | 16.96% | 12.57% | 0.62x | 2.18x | $138.30 Million |
| 2005 | 16.67% | 14.61% | 0.62x | 1.85x | $162.50 Million |
| 2006 | 14.75% | 14.16% | 0.62x | 1.68x | $132.70 Million |
| 2007 | 3.48% | 2.25% | 0.52x | 2.95x | $-174.60 Million |
| 2008 | 5.32% | 2.72% | 0.58x | 3.35x | $-97.70 Million |
| 2009 | 7.09% | 5.03% | 0.56x | 2.53x | $-81.50 Million |
| 2010 | 9.87% | 8.02% | 0.61x | 2.01x | $-4.60 Million |
| 2011 | 7.21% | 6.44% | 0.58x | 1.92x | $-97.50 Million |
| 2012 | 11.14% | 9.63% | 0.67x | 1.73x | $42.00 Million |
| 2013 | 14.31% | 11.22% | 0.70x | 1.81x | $147.70 Million |
| 2014 | 16.50% | 12.78% | 0.68x | 1.90x | $221.70 Million |
| 2015 | 18.30% | 14.22% | 0.70x | 1.84x | $283.50 Million |
| 2016 | 19.56% | 13.81% | 0.72x | 1.98x | $314.70 Million |
| 2017 | 20.35% | 14.25% | 0.69x | 2.07x | $366.20 Million |
| 2018 | 17.87% | 12.00% | 0.60x | 2.50x | $292.00 Million |
| 2019 | 19.29% | 11.32% | 0.60x | 2.86x | $338.00 Million |
| 2020 | 21.29% | 11.75% | 0.59x | 3.05x | $394.00 Million |
| 2021 | 20.90% | 12.28% | 0.59x | 2.91x | $428.10 Million |
| 2022 | 20.23% | 12.03% | 0.62x | 2.72x | $432.80 Million |
| 2023 | 22.36% | 12.91% | 0.62x | 2.79x | $493.70 Million |
| 2024 | 23.81% | 14.71% | 0.61x | 2.64x | $632.20 Million |
| 2025 | 23.61% | 14.33% | 0.63x | 2.61x | $617.30 Million |
Industry Comparison
This section compares Givaudan SA's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $7,181,833,981
- Average return on equity (ROE) among peers: 7.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Givaudan SA (GVDBF) | $4.57 Billion | 9.29% | 1.60x | $40.03 Billion |
| AirBoss of America Corp (ABSSF) | $197.00 Million | -16.19% | 1.24x | $57.06 Million |
| Asia Carbon Industries Inc (ACRB) | $19.13 Million | 17.11% | 0.33x | $0.98 |
| Aimia Inc (AIMFF) | $1.29 Billion | -4.63% | 2.83x | $103.68 Million |
| L'Air Liquide S.A (AIQUF) | $11.83 Billion | 14.08% | 1.26x | $107.70 Billion |
| Akzo Nobel N.V (AKZOF) | $7.58 Billion | 14.03% | 1.29x | $9.73 Billion |
| Albemarle Corp (ALB) | $545.00 Million | 9.41% | 1.09x | $19.53 Billion |
| ALPEK S.A.B. de C.V (ALPKF) | $49.59 Billion | 15.64% | 1.50x | $214.40 Million |
| Altech Batteries Limited (ALTHF) | $97.54 Million | -5.87% | 0.01x | $27.89 Million |
| Arcadium Lithium plc (ALTM) | $333.00 Million | 14.14% | 0.12x | $6.26 Billion |
| Alto Ingredients Inc (ALTO) | $345.21 Million | 13.35% | 0.40x | $212.84 Million |