Kingspan Group plc
Kingspan Group plc, together with its subsidiaries, provides insulation and building envelope solutions in Western and Southern Europe, Central and Northern Europe, the Americas, and internationally. It operates through five segments: Insulated Panels; Insulation; Data Solutions; Light, Air + Water; and Roofing + Waterproofing. The Insulated Panels segment manufactures insulated panels, structura… Read more
Kingspan Group plc (KGSPF) - Net Assets
Latest net assets as of June 2025: $4.61 Billion USD
Based on the latest financial reports, Kingspan Group plc (KGSPF) has net assets worth $4.61 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.83 Billion) and total liabilities ($5.22 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 | $4.61 Billion |
| % of Total Assets | 46.9% |
| Annual Growth Rate | 22.29% |
| 5-Year Change | 91.47% |
| 10-Year Change | 254.83% |
| Growth Volatility | 31.65 |
Kingspan Group plc - Net Assets Trend (1988–2024)
This chart illustrates how Kingspan Group plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kingspan Group plc (1988–2024)
The table below shows the annual net assets of Kingspan Group plc from 1988 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $4.59 Billion | +16.29% |
| 2023-12-31 | $3.95 Billion | +16.27% |
| 2022-12-31 | $3.40 Billion | +14.74% |
| 2021-12-31 | $2.96 Billion | +23.43% |
| 2020-12-31 | $2.40 Billion | +13.07% |
| 2019-12-31 | $2.12 Billion | +18.53% |
| 2018-12-31 | $1.79 Billion | +14.09% |
| 2017-12-31 | $1.57 Billion | +6.56% |
| 2016-12-31 | $1.47 Billion | +13.73% |
| 2015-12-31 | $1.29 Billion | +28.21% |
| 2014-12-31 | $1.01 Billion | +17.39% |
| 2013-12-31 | $859.62 Million | +5.69% |
| 2012-12-31 | $813.38 Million | +10.67% |
| 2011-12-31 | $734.99 Million | +10.20% |
| 2010-12-31 | $666.95 Million | +13.90% |
| 2009-12-31 | $585.53 Million | +12.80% |
| 2008-12-31 | $519.08 Million | -22.86% |
| 2007-12-31 | $672.92 Million | +23.07% |
| 2006-12-31 | $546.80 Million | +31.24% |
| 2005-12-31 | $416.64 Million | +36.58% |
| 2004-12-31 | $305.06 Million | +22.17% |
| 2003-12-31 | $249.70 Million | +5.11% |
| 2002-12-31 | $237.56 Million | +2.07% |
| 2001-12-31 | $232.73 Million | +23.99% |
| 2000-12-31 | $187.71 Million | +29.80% |
| 1999-12-31 | $144.61 Million | +48.86% |
| 1998-12-31 | $97.15 Million | +41.19% |
| 1997-12-31 | $68.81 Million | +106.31% |
| 1996-12-31 | $33.35 Million | +7.76% |
| 1995-12-31 | $30.95 Million | +59.14% |
| 1994-12-31 | $19.45 Million | +35.12% |
| 1993-12-31 | $14.39 Million | +18.49% |
| 1992-12-31 | $12.15 Million | -14.19% |
| 1991-12-31 | $14.15 Million | +12.28% |
| 1990-12-31 | $12.61 Million | +45.46% |
| 1989-12-31 | $8.67 Million | +164.00% |
| 1988-12-31 | $3.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kingspan Group plc'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 464001700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $4.64 Billion | 108.09% |
| Common Stock | $24.00 Million | 0.56% |
| Total Equity | $4.29 Billion | 100.00% |
Kingspan Group plc Competitors by Market Cap
The table below lists competitors of Kingspan Group plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kubota Corporation
PINK:KUBTF
|
$12.60 Billion |
|
Shenzhen Mindray Bio-Medical Electronics Co Ltd Class A
SHE:300760
|
$12.61 Billion |
|
DASSAULT SYS SE INH.EO01
F:DSYA
|
$12.61 Billion |
|
Vestas Wind Systems A/S
PINK:VWSYF
|
$12.62 Billion |
|
Regal Beloit Corporation
NYSE:RRX
|
$12.58 Billion |
|
BJs Wholesale Club Holdings Inc
NYSE:BJ
|
$12.58 Billion |
|
Symrise AG
PINK:SYIEF
|
$12.58 Billion |
|
Atlassian Corp Plc
NASDAQ:TEAM
|
$12.58 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kingspan Group plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,848,000,000 to 4,292,500,000, a change of 444,500,000 (11.6%).
- Net income of 665,500,000 contributed positively to equity growth.
- Dividend payments of 96,600,000 reduced retained earnings.
- Share repurchases of 134,600,000 reduced equity.
- Other comprehensive income increased equity by 336,700,000.
- Other factors decreased equity by 326,500,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $665.50 Million | +15.5% |
| Dividends Paid | $96.60 Million | -2.25% |
| Share Repurchases | $134.60 Million | -3.14% |
| Other Comprehensive Income | $336.70 Million | +7.84% |
| Other Changes | $-326.50 Million | -7.61% |
| Total Change | $- | 11.55% |
Book Value vs Market Value Analysis
This analysis compares Kingspan Group plc'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: 3.54x
- 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 701.02x to 3.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | $0.12 | $82.40 | x |
| 1989-12-31 | $0.33 | $82.40 | x |
| 1990-12-31 | $0.44 | $82.40 | x |
| 1991-12-31 | $0.49 | $82.40 | x |
| 1992-12-31 | $0.40 | $82.40 | x |
| 1993-12-31 | $0.48 | $82.40 | x |
| 1994-12-31 | $0.60 | $82.40 | x |
| 1995-12-31 | $0.93 | $82.40 | x |
| 1996-12-31 | $0.85 | $82.40 | x |
| 1997-12-31 | $0.36 | $82.40 | x |
| 1998-12-31 | $0.52 | $82.40 | x |
| 1999-12-31 | $0.82 | $82.40 | x |
| 2000-12-31 | $1.08 | $82.40 | x |
| 2001-12-31 | $1.35 | $82.40 | x |
| 2002-12-31 | $1.40 | $82.40 | x |
| 2003-12-31 | $1.49 | $82.40 | x |
| 2004-12-31 | $1.81 | $82.40 | x |
| 2005-12-31 | $2.42 | $82.40 | x |
| 2006-12-31 | $3.16 | $82.40 | x |
| 2007-12-31 | $3.88 | $82.40 | x |
| 2008-12-31 | $3.05 | $82.40 | x |
| 2009-12-31 | $3.45 | $82.40 | x |
| 2010-12-31 | $3.89 | $82.40 | x |
| 2011-12-31 | $4.29 | $82.40 | x |
| 2012-12-31 | $4.71 | $82.40 | x |
| 2013-12-31 | $4.92 | $82.40 | x |
| 2014-12-31 | $5.73 | $82.40 | x |
| 2015-12-31 | $7.16 | $82.40 | x |
| 2016-12-31 | $8.07 | $82.40 | x |
| 2017-12-31 | $8.46 | $82.40 | x |
| 2018-12-31 | $9.64 | $82.40 | x |
| 2019-12-31 | $11.37 | $82.40 | x |
| 2020-12-31 | $12.85 | $82.40 | x |
| 2021-12-31 | $15.81 | $82.40 | x |
| 2022-12-31 | $18.15 | $82.40 | x |
| 2023-12-31 | $21.01 | $82.40 | x |
| 2024-12-31 | $23.29 | $82.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kingspan Group plc 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): 15.50%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.73%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.29x
- Recent ROE (15.50%) is below the historical average (22.47%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 62.87% | 6.67% | 1.60x | 5.90x | $1.62 Million |
| 1989 | 29.43% | 6.30% | 1.56x | 2.99x | $1.68 Million |
| 1990 | 26.93% | 5.74% | 1.49x | 3.16x | $1.92 Million |
| 1991 | 15.39% | 3.49% | 1.35x | 3.25x | $685.00K |
| 1992 | 9.45% | 1.87% | 1.48x | 3.41x | $-58.20K |
| 1993 | 20.24% | 4.14% | 1.70x | 2.88x | $1.28 Million |
| 1994 | 24.27% | 5.48% | 1.66x | 2.66x | $2.26 Million |
| 1995 | 25.60% | 5.94% | 1.69x | 2.55x | $3.83 Million |
| 1996 | 56.73% | 8.27% | 1.51x | 4.54x | $10.91 Million |
| 1997 | 49.26% | 9.67% | 1.67x | 3.04x | $23.40 Million |
| 1998 | 40.86% | 9.89% | 1.26x | 3.28x | $27.56 Million |
| 1999 | 32.73% | 8.57% | 1.35x | 2.84x | $31.70 Million |
| 2000 | 27.78% | 7.73% | 1.36x | 2.63x | $32.79 Million |
| 2001 | 23.98% | 6.68% | 1.27x | 2.82x | $32.30 Million |
| 2002 | 21.40% | 6.83% | 1.21x | 2.59x | $26.89 Million |
| 2003 | 20.69% | 6.56% | 1.32x | 2.38x | $26.56 Million |
| 2004 | 25.63% | 8.15% | 1.33x | 2.37x | $47.61 Million |
| 2005 | 26.76% | 8.96% | 1.28x | 2.33x | $69.75 Million |
| 2006 | 27.79% | 10.34% | 1.26x | 2.13x | $96.68 Million |
| 2007 | 27.97% | 10.05% | 1.41x | 1.98x | $120.33 Million |
| 2008 | 8.70% | 2.69% | 1.35x | 2.40x | $-6.74 Million |
| 2009 | 8.20% | 4.23% | 1.00x | 1.95x | $-10.43 Million |
| 2010 | 7.35% | 4.08% | 0.98x | 1.83x | $-17.54 Million |
| 2011 | 8.48% | 4.00% | 1.08x | 1.97x | $-11.05 Million |
| 2012 | 9.12% | 4.51% | 1.03x | 1.96x | $-7.10 Million |
| 2013 | 10.28% | 4.89% | 1.12x | 1.87x | $2.42 Million |
| 2014 | 10.71% | 5.67% | 1.03x | 1.83x | $7.09 Million |
| 2015 | 14.67% | 6.78% | 1.09x | 1.99x | $59.86 Million |
| 2016 | 17.55% | 8.22% | 1.03x | 2.07x | $109.91 Million |
| 2017 | 18.60% | 7.75% | 1.13x | 2.12x | $131.49 Million |
| 2018 | 18.91% | 7.57% | 1.09x | 2.30x | $155.87 Million |
| 2019 | 17.84% | 7.93% | 1.09x | 2.07x | $162.37 Million |
| 2020 | 15.91% | 8.16% | 0.86x | 2.27x | $138.71 Million |
| 2021 | 19.16% | 8.53% | 1.02x | 2.21x | $264.89 Million |
| 2022 | 18.01% | 7.17% | 1.09x | 2.31x | $266.03 Million |
| 2023 | 16.64% | 7.91% | 1.01x | 2.08x | $255.50 Million |
| 2024 | 15.50% | 7.73% | 0.88x | 2.29x | $236.25 Million |
Industry Comparison
This section compares Kingspan Group plc'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 |
|---|---|---|---|---|
| Kingspan Group plc (KGSPF) | $4.61 Billion | 62.87% | 1.13x | $12.59 Billion |
| 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 |