Krones AG
Krones AG, together with its subsidiaries, engages in the planning, development, and manufacture of machines and lines for the production, filling, and packaging technology for the food and beverage industry in Germany and internationally. It operates in three segments, Filling and Packaging Technology, Process Technology, and Intralogistics. The Filling and Packaging Technology segment offers ma… Read more
Krones AG (KRNNF) - Net Assets
Latest net assets as of June 2025: $1.97 Billion USD
Based on the latest financial reports, Krones AG (KRNNF) has net assets worth $1.97 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 ($4.76 Billion) and total liabilities ($2.79 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 | $1.97 Billion |
| % of Total Assets | 41.36% |
| Annual Growth Rate | 3.74% |
| 5-Year Change | 60.14% |
| 10-Year Change | 73.0% |
| Growth Volatility | 23.8 |
Krones AG - Net Assets Trend (2004–2024)
This chart illustrates how Krones 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 Krones AG (2004–2024)
The table below shows the annual net assets of Krones AG from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.92 Billion | +12.05% |
| 2023-12-31 | $1.71 Billion | +7.31% |
| 2022-12-31 | $1.60 Billion | +14.84% |
| 2021-12-31 | $1.39 Billion | +15.97% |
| 2020-12-31 | $1.20 Billion | -12.41% |
| 2019-12-31 | $1.37 Billion | -4.41% |
| 2018-12-31 | $1.43 Billion | +7.75% |
| 2017-12-31 | $1.33 Billion | +8.53% |
| 2016-12-31 | $1.23 Billion | +10.34% |
| 2015-12-31 | $1.11 Billion | +12.36% |
| 2014-12-31 | $988.50 Million | +3.60% |
| 2013-12-31 | $954.18 Million | +79.82% |
| 2012-12-31 | $530.62 Million | +10.60% |
| 2011-12-31 | $479.79 Million | -36.78% |
| 2010-12-31 | $758.93 Million | +9.10% |
| 2009-12-31 | $695.66 Million | -11.94% |
| 2008-12-31 | $789.99 Million | +11.58% |
| 2007-12-31 | $707.97 Million | -44.71% |
| 2006-12-31 | $1.28 Billion | +11.79% |
| 2005-12-31 | $1.15 Billion | +24.21% |
| 2004-12-31 | $922.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Krones 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 2362.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.52 Billion | 79.04% |
| Common Stock | $40.00 Million | 2.08% |
| Other Comprehensive Income | $-3.65 Million | -0.19% |
| Other Components | $366.36 Million | 19.06% |
| Total Equity | $1.92 Billion | 100.00% |
Krones AG Competitors by Market Cap
The table below lists competitors of Krones AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ping An Healthcare and Technology Company Limited
PINK:PIAHY
|
$2.04 Billion |
|
Mitsubishi Materials Corporation
PINK:MIMTF
|
$2.04 Billion |
|
Kagome Co., Ltd.
PINK:KGMEF
|
$2.04 Billion |
|
GRUPA KETY A ZY 250
F:GQ2
|
$2.04 Billion |
|
Beijing Tiantan Biological Products Corp Ltd
SHG:600161
|
$2.03 Billion |
|
Page Industries Limited
NSE:PAGEIND
|
$2.03 Billion |
|
Hilton Grand Vacations Inc
NYSE:HGV
|
$2.03 Billion |
|
Jiangsu Expressway Company Limited
PINK:JEXYF
|
$2.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Krones AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,715,385,000 to 1,921,706,000, a change of 206,321,000 (12.0%).
- Net income of 276,919,000 contributed positively to equity growth.
- Dividend payments of 69,505,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,093,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $276.92 Million | +14.41% |
| Dividends Paid | $69.50 Million | -3.62% |
| Other Comprehensive Income | $-1.09 Million | -0.06% |
| Total Change | $- | 12.03% |
Book Value vs Market Value Analysis
This analysis compares Krones 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: 2.21x
- 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 8.09x to 2.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | $16.58 | $134.15 | x |
| 2005-12-31 | $18.00 | $134.15 | x |
| 2006-12-31 | $19.82 | $134.15 | x |
| 2007-12-31 | $22.31 | $134.15 | x |
| 2008-12-31 | $24.97 | $134.15 | x |
| 2009-12-31 | $22.65 | $134.15 | x |
| 2010-12-31 | $25.13 | $134.15 | x |
| 2011-12-31 | $15.19 | $134.15 | x |
| 2012-12-31 | $17.59 | $134.15 | x |
| 2013-12-31 | $30.64 | $134.15 | x |
| 2014-12-31 | $31.26 | $134.15 | x |
| 2015-12-31 | $35.17 | $134.15 | x |
| 2016-12-31 | $38.86 | $134.15 | x |
| 2017-12-31 | $42.20 | $134.15 | x |
| 2018-12-31 | $45.37 | $134.15 | x |
| 2019-12-31 | $43.38 | $134.15 | x |
| 2020-12-31 | $38.00 | $134.15 | x |
| 2021-12-31 | $44.06 | $134.15 | x |
| 2022-12-31 | $50.60 | $134.15 | x |
| 2023-12-31 | $54.30 | $134.15 | x |
| 2024-12-31 | $60.83 | $134.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Krones 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): 14.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.23%
- • Asset Turnover: 1.11x
- • Equity Multiplier: 2.47x
- Recent ROE (14.41%) is above the historical average (9.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 11.77% | 4.07% | 1.25x | 2.31x | $9.30 Million |
| 2005 | 11.12% | 3.73% | 1.32x | 2.26x | $6.38 Million |
| 2006 | 12.35% | 4.05% | 1.30x | 2.35x | $14.70 Million |
| 2007 | 14.58% | 4.77% | 1.28x | 2.39x | $32.26 Million |
| 2008 | 13.56% | 4.49% | 1.30x | 2.31x | $28.11 Million |
| 2009 | -4.96% | -1.85% | 1.04x | 2.58x | $-103.97 Million |
| 2010 | 6.70% | 2.34% | 1.15x | 2.49x | $-25.00 Million |
| 2011 | -1.32% | -0.31% | 1.70x | 2.54x | $-54.32 Million |
| 2012 | 12.86% | 3.03% | 1.89x | 2.24x | $15.19 Million |
| 2013 | 12.52% | 4.24% | 1.26x | 2.35x | $24.02 Million |
| 2014 | 13.76% | 4.60% | 1.22x | 2.46x | $37.11 Million |
| 2015 | 14.17% | 4.96% | 1.17x | 2.44x | $46.32 Million |
| 2016 | 13.91% | 5.04% | 1.10x | 2.50x | $47.99 Million |
| 2017 | 14.16% | 5.11% | 1.21x | 2.28x | $55.44 Million |
| 2018 | 10.54% | 3.92% | 1.16x | 2.32x | $7.76 Million |
| 2019 | 0.69% | 0.24% | 1.19x | 2.42x | $-127.57 Million |
| 2020 | -6.64% | -2.40% | 1.09x | 2.54x | $-199.76 Million |
| 2021 | 10.15% | 3.89% | 1.04x | 2.51x | $2.15 Million |
| 2022 | 11.70% | 4.44% | 1.01x | 2.61x | $27.17 Million |
| 2023 | 13.09% | 4.71% | 1.06x | 2.61x | $52.97 Million |
| 2024 | 14.41% | 5.23% | 1.11x | 2.47x | $84.75 Million |
Industry Comparison
This section compares Krones AG's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Krones AG (KRNNF) | $1.97 Billion | 11.77% | 1.42x | $2.04 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |