Klépierre SA
Klepierre SA is the European leader in shopping malls, with an exclusive focus on continental Europe. The Companys portfolio is valued at 20.6 billion euro at June 30, 2025, and comprises large shopping centers in more than 10 countries in continental Europe which together host more than 700 million visitors per year. Klepierre is a French REIT (SIIC) listed on Euronext Paris and is included in t… Read more
Klépierre SA (KLPEF) - Net Assets
Latest net assets as of December 2025: $11.46 Billion USD
Based on the latest financial reports, Klépierre SA (KLPEF) has net assets worth $11.46 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 ($22.26 Billion) and total liabilities ($10.80 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 | $11.46 Billion |
| % of Total Assets | 51.48% |
| Annual Growth Rate | 10.91% |
| 5-Year Change | 8.17% |
| 10-Year Change | -8.59% |
| Growth Volatility | 46.86 |
Klépierre SA - Net Assets Trend (2001–2025)
This chart illustrates how Klépierre 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 Klépierre SA (2001–2025)
The table below shows the annual net assets of Klépierre SA from 2001 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.46 Billion | +7.61% |
| 2024-12-31 | $10.65 Billion | +6.28% |
| 2023-12-31 | $10.02 Billion | -4.20% |
| 2022-12-31 | $10.46 Billion | -1.27% |
| 2021-12-31 | $10.59 Billion | +1.52% |
| 2020-12-31 | $10.43 Billion | -14.88% |
| 2019-12-31 | $12.26 Billion | -4.93% |
| 2018-12-31 | $12.89 Billion | -0.52% |
| 2017-12-31 | $12.96 Billion | +3.38% |
| 2016-12-31 | $12.54 Billion | +6.88% |
| 2015-12-31 | $11.73 Billion | +228.93% |
| 2014-12-31 | $3.57 Billion | +4.96% |
| 2013-12-31 | $3.40 Billion | -6.17% |
| 2012-12-31 | $3.62 Billion | +5.77% |
| 2011-12-31 | $3.42 Billion | -6.61% |
| 2010-12-31 | $3.67 Billion | +3.80% |
| 2009-12-31 | $3.53 Billion | +11.38% |
| 2008-12-31 | $3.17 Billion | +27.73% |
| 2007-12-31 | $2.48 Billion | +3.76% |
| 2006-12-31 | $2.39 Billion | +3.80% |
| 2005-12-31 | $2.30 Billion | +2.66% |
| 2004-12-31 | $2.24 Billion | +64.18% |
| 2003-12-31 | $1.37 Billion | +22.78% |
| 2002-12-31 | $1.11 Billion | +16.55% |
| 2001-12-31 | $955.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Klépierre 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $401.45 Million | 4.31% |
| Other Comprehensive Income | $2.83 Billion | 30.39% |
| Other Components | $6.09 Billion | 65.30% |
| Total Equity | $9.32 Billion | 100.00% |
Klépierre SA Competitors by Market Cap
The table below lists competitors of Klépierre SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xero Ltd
AU:XRO
|
$7.33 Billion |
|
Vaxcyte Inc
NASDAQ:PCVX
|
$7.34 Billion |
|
SINOPHARM GROUP 1/5/O.N.
F:X2S1
|
$7.34 Billion |
|
Henry Schein Inc
NASDAQ:HSIC
|
$7.35 Billion |
|
YPF Sociedad Anonima
NYSE:YPF
|
$7.33 Billion |
|
Ryder System Inc
NYSE:R
|
$7.32 Billion |
|
ASX Limited
PINK:ASXFF
|
$7.32 Billion |
|
Simpson Manufacturing Company Inc
NYSE:SSD
|
$7.32 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Klépierre SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,597,700,000 to 9,320,507,798, a change of 722,807,798 (8.4%).
- Net income of 1,457,953,734 contributed positively to equity growth.
- Dividend payments of 529,001,793 reduced retained earnings.
- Other comprehensive income increased equity by 2,832,938,556.
- Other factors decreased equity by 3,039,082,699.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.46 Billion | +15.64% |
| Dividends Paid | $529.00 Million | -5.68% |
| Other Comprehensive Income | $2.83 Billion | +30.39% |
| Other Changes | $-3.04 Billion | -32.61% |
| Total Change | $- | 8.41% |
Book Value vs Market Value Analysis
This analysis compares Klépierre 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: 1.14x
- 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 1.42x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $23.23 | $33.00 | x |
| 2002-12-31 | $24.28 | $33.00 | x |
| 2003-12-31 | $9.94 | $33.00 | x |
| 2004-12-31 | $13.24 | $33.00 | x |
| 2005-12-31 | $10.30 | $33.00 | x |
| 2006-12-31 | $11.04 | $33.00 | x |
| 2007-12-31 | $11.10 | $33.00 | x |
| 2008-12-31 | $7.19 | $33.00 | x |
| 2009-12-31 | $12.71 | $33.00 | x |
| 2010-12-31 | $12.84 | $33.00 | x |
| 2011-12-31 | $11.25 | $33.00 | x |
| 2012-12-31 | $11.55 | $33.00 | x |
| 2013-12-31 | $10.69 | $33.00 | x |
| 2014-12-31 | $12.36 | $33.00 | x |
| 2015-12-31 | $31.05 | $33.00 | x |
| 2016-12-31 | $32.42 | $33.00 | x |
| 2017-12-31 | $33.97 | $33.00 | x |
| 2018-12-31 | $34.53 | $33.00 | x |
| 2019-12-31 | $33.25 | $33.00 | x |
| 2020-12-31 | $28.63 | $33.00 | x |
| 2021-12-31 | $29.40 | $33.00 | x |
| 2022-12-31 | $29.19 | $33.00 | x |
| 2023-12-31 | $28.00 | $33.00 | x |
| 2024-12-31 | $29.98 | $33.00 | x |
| 2025-12-31 | $28.98 | $33.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Klépierre 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): 15.64%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 107.88%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.39x
- Recent ROE (15.64%) is above the historical average (12.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 8.62% | 24.92% | 0.12x | 2.85x | $-13.15 Million |
| 2002 | 8.86% | 28.13% | 0.12x | 2.69x | $-12.65 Million |
| 2003 | 7.87% | 27.54% | 0.11x | 2.65x | $-29.09 Million |
| 2004 | 5.71% | 26.32% | 0.07x | 3.03x | $-79.14 Million |
| 2005 | 100.28% | 319.80% | 0.07x | 4.29x | $1.31 Billion |
| 2006 | 12.81% | 37.43% | 0.08x | 4.52x | $42.65 Million |
| 2007 | 15.18% | 38.67% | 0.07x | 5.25x | $78.85 Million |
| 2008 | 20.38% | 32.62% | 0.06x | 10.32x | $119.10 Million |
| 2009 | 9.15% | 23.19% | 0.07x | 5.52x | $-19.21 Million |
| 2010 | 7.61% | 22.04% | 0.06x | 5.33x | $-57.34 Million |
| 2011 | 9.43% | 23.22% | 0.07x | 6.20x | $-11.94 Million |
| 2012 | 7.54% | 16.79% | 0.08x | 5.85x | $-54.42 Million |
| 2013 | 2.57% | 5.03% | 0.09x | 5.78x | $-155.34 Million |
| 2014 | 26.43% | 68.97% | 0.09x | 4.24x | $397.84 Million |
| 2015 | 2.88% | 19.53% | 0.06x | 2.47x | $-677.94 Million |
| 2016 | 11.79% | 84.59% | 0.06x | 2.41x | $180.64 Million |
| 2017 | 11.82% | 87.35% | 0.06x | 2.42x | $188.94 Million |
| 2018 | 8.10% | 50.62% | 0.07x | 2.39x | $-196.95 Million |
| 2019 | 3.32% | 20.12% | 0.07x | 2.52x | $-652.54 Million |
| 2020 | -9.60% | -56.39% | 0.06x | 2.80x | $-1.60 Billion |
| 2021 | 6.48% | 38.65% | 0.06x | 2.59x | $-295.77 Million |
| 2022 | 4.96% | 27.45% | 0.07x | 2.46x | $-421.22 Million |
| 2023 | 2.40% | 13.57% | 0.07x | 2.51x | $-608.97 Million |
| 2024 | 12.77% | 73.00% | 0.07x | 2.44x | $237.73 Million |
| 2025 | 15.64% | 107.88% | 0.06x | 2.39x | $525.90 Million |
Industry Comparison
This section compares Klépierre SA's net assets metrics with peer companies in the REIT - Retail industry.
Industry Context
- Industry: REIT - Retail
- Average net assets among peers: $22,048,860,627
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Klépierre SA (KLPEF) | $11.46 Billion | 8.62% | 0.94x | $7.33 Billion |
| Agree Realty Corporation (ADC) | $137.98 Million | 10.88% | 0.90x | $9.41 Billion |
| AEORF (AEORF) | $210.91 Billion | 5.61% | 0.83x | $1.34 Billion |
| Acadia Realty Trust (AKR) | $83.00 Million | 4.58% | 2.01x | $2.69 Billion |
| Alexander & Baldwin Holdings Inc (ALEX) | $1.07 Billion | 3.30% | 0.75x | $1.50 Billion |
| Alexanders Inc (ALX) | $50.92 Million | -34.84% | 17.09x | $515.62 Million |
| Saul Centers Inc (BFS) | $-4.60 Million | 0.00% | 0.00x | $453.57 Million |
| Brixmor Property (BRX) | $2.72 Billion | 9.94% | 2.08x | $8.61 Billion |
| CBL & Associates Properties Inc (CBL) | $1.08 Billion | 10.83% | 4.49x | $694.28 Million |
| Capital & Counties Properties PLC (CCPPF) | $2.51 Billion | 17.90% | 0.23x | $1.88 Billion |
| CapitaLand China Trust (CLDHF) | $1.93 Billion | 4.63% | 1.02x | $745.61 Million |