Kering SA
Kering SA manages the development of a collection of renowned houses in fashion, leather goods, and jewelry in the Asia Pacific, Western Europe, North America, Japan, and internationally. The company provides ready-to-wear products, accessories, and beauty products for men and women. It also offers leather goods and shoes; watches and jewelry; eyewear products; and fragrances and cosmetics. The c… Read more
Kering SA (PPRUF) - Net Assets
Latest net assets as of December 2025: $15.52 Billion USD
Based on the latest financial reports, Kering SA (PPRUF) has net assets worth $15.52 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 ($41.18 Billion) and total liabilities ($25.67 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 | $15.52 Billion |
| % of Total Assets | 37.67% |
| Annual Growth Rate | 2.7% |
| 5-Year Change | 12.95% |
| 10-Year Change | 29.68% |
| Growth Volatility | 8.17 |
Kering SA - Net Assets Trend (2003–2025)
This chart illustrates how Kering 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 Kering SA (2003–2025)
The table below shows the annual net assets of Kering SA from 2003 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $15.52 Billion | -1.37% |
| 2024-12-31 | $15.73 Billion | -1.75% |
| 2023-12-31 | $16.01 Billion | +8.30% |
| 2022-12-31 | $14.78 Billion | +7.62% |
| 2021-12-31 | $13.74 Billion | +14.14% |
| 2020-12-31 | $12.04 Billion | +15.29% |
| 2019-12-31 | $10.44 Billion | +3.75% |
| 2018-12-31 | $10.06 Billion | -20.31% |
| 2017-12-31 | $12.63 Billion | +5.54% |
| 2016-12-31 | $11.96 Billion | +2.93% |
| 2015-12-31 | $11.62 Billion | +3.20% |
| 2014-12-31 | $11.26 Billion | +0.59% |
| 2013-12-31 | $11.20 Billion | -7.61% |
| 2012-12-31 | $12.12 Billion | +3.14% |
| 2011-12-31 | $11.75 Billion | +0.84% |
| 2010-12-31 | $11.65 Billion | +5.41% |
| 2009-12-31 | $11.05 Billion | +3.39% |
| 2008-12-31 | $10.69 Billion | +0.28% |
| 2007-12-31 | $10.66 Billion | +16.84% |
| 2006-12-31 | $9.12 Billion | +12.18% |
| 2005-12-31 | $8.13 Billion | +3.43% |
| 2004-12-31 | $7.86 Billion | -8.88% |
| 2003-12-31 | $8.63 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kering 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 |
|---|---|---|
| Other Components | $14.71 Billion | 100.00% |
| Total Equity | $14.71 Billion | 100.00% |
Kering SA Competitors by Market Cap
The table below lists competitors of Kering SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coeur Mining Inc
NYSE:CDE
|
$13.31 Billion |
|
Nomura Research Institute Ltd
PINK:NURAF
|
$13.31 Billion |
|
CEMEX.CPO(2SHS A+1SHS B)
F:CEXB
|
$13.31 Billion |
|
Stellantis NV
NYSE:STLA
|
$13.32 Billion |
|
Ovintiv Inc
NYSE:OVV
|
$13.30 Billion |
|
Mr. Cooper Group Inc
NASDAQ:COOP
|
$13.29 Billion |
|
Affirm Holdings Inc
NASDAQ:AFRM
|
$13.28 Billion |
|
Ralph Lauren Corp Class A
NYSE:RL
|
$13.28 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kering SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,904,000,000 to 14,706,000,000, a change of -198,000,000 (-1.3%).
- Net income of 72,000,000 contributed positively to equity growth.
- Dividend payments of 736,000,000 reduced retained earnings.
- Other factors increased equity by 466,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $72.00 Million | +0.49% |
| Dividends Paid | $736.00 Million | -5.0% |
| Other Changes | $466.00 Million | +3.17% |
| Total Change | $- | -1.33% |
Book Value vs Market Value Analysis
This analysis compares Kering 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: 1.58x
- 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 4.81x to 1.58x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $39.42 | $189.75 | x |
| 2004-12-31 | $57.84 | $189.75 | x |
| 2005-12-31 | $59.14 | $189.75 | x |
| 2006-12-31 | $72.43 | $189.75 | x |
| 2007-12-31 | $60.43 | $189.75 | x |
| 2008-12-31 | $64.89 | $189.75 | x |
| 2009-12-31 | $78.72 | $189.75 | x |
| 2010-12-31 | $83.63 | $189.75 | x |
| 2011-12-31 | $86.65 | $189.75 | x |
| 2012-12-31 | $90.53 | $189.75 | x |
| 2013-12-31 | $84.00 | $189.75 | x |
| 2014-12-31 | $84.43 | $189.75 | x |
| 2015-12-31 | $86.89 | $189.75 | x |
| 2016-12-31 | $89.44 | $189.75 | x |
| 2017-12-31 | $94.83 | $189.75 | x |
| 2018-12-31 | $78.65 | $189.75 | x |
| 2019-12-31 | $81.90 | $189.75 | x |
| 2020-12-31 | $94.56 | $189.75 | x |
| 2021-12-31 | $107.13 | $189.75 | x |
| 2022-12-31 | $113.53 | $189.75 | x |
| 2023-12-31 | $124.30 | $189.75 | x |
| 2024-12-31 | $121.55 | $189.75 | x |
| 2025-12-31 | $119.93 | $189.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kering 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): 0.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.49%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 2.80x
- Recent ROE (0.49%) is below the historical average (12.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 12.47% | 2.65% | 0.99x | 4.77x | $127.83 Million |
| 2004 | 14.16% | 4.40% | 1.05x | 3.05x | $312.91 Million |
| 2005 | 6.83% | 3.01% | 0.77x | 2.94x | $-248.25 Million |
| 2006 | 7.77% | 3.82% | 0.80x | 2.54x | $-196.47 Million |
| 2007 | 11.86% | 4.67% | 0.70x | 3.63x | $144.81 Million |
| 2008 | 11.26% | 4.56% | 0.75x | 3.31x | $103.37 Million |
| 2009 | 9.55% | 5.75% | 0.68x | 2.46x | $-44.55 Million |
| 2010 | 9.10% | 6.60% | 0.59x | 2.33x | $-95.42 Million |
| 2011 | 9.03% | 8.07% | 0.49x | 2.28x | $-106.20 Million |
| 2012 | 9.18% | 10.77% | 0.39x | 2.21x | $-93.18 Million |
| 2013 | 0.47% | 0.51% | 0.43x | 2.15x | $-1.01 Billion |
| 2014 | 4.97% | 5.27% | 0.43x | 2.19x | $-534.51 Million |
| 2015 | 6.36% | 6.01% | 0.49x | 2.18x | $-398.83 Million |
| 2016 | 7.22% | 6.57% | 0.51x | 2.14x | $-313.47 Million |
| 2017 | 14.94% | 11.54% | 0.61x | 2.14x | $590.78 Million |
| 2018 | 37.50% | 27.19% | 0.64x | 2.16x | $2.72 Billion |
| 2019 | 22.46% | 14.53% | 0.59x | 2.64x | $1.28 Billion |
| 2020 | 18.19% | 16.42% | 0.47x | 2.37x | $968.31 Million |
| 2021 | 23.80% | 18.00% | 0.57x | 2.33x | $1.84 Billion |
| 2022 | 25.82% | 17.76% | 0.60x | 2.42x | $2.21 Billion |
| 2023 | 19.61% | 15.25% | 0.47x | 2.72x | $1.46 Billion |
| 2024 | 7.60% | 6.59% | 0.40x | 2.91x | $-357.40 Million |
| 2025 | 0.49% | 0.49% | 0.36x | 2.80x | $-1.40 Billion |
Industry Comparison
This section compares Kering SA's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $6,179,489,313
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kering SA (PPRUF) | $15.52 Billion | 12.47% | 1.65x | $13.30 Billion |
| Atlas Pearls Ltd (APCFF) | $55.52 Million | 56.69% | 0.26x | $15.35 Million |
| Burberry Group plc (BBRYF) | $472.30 Million | 23.69% | 0.45x | $3.26 Billion |
| Brunello Cucinelli S.p.A (BCUCF) | $261.10 Million | -12.72% | 3.14x | $4.04 Billion |
| Birks Group Inc (BGI) | $5.86 Million | -32.32% | 30.25x | $1.97 Million |
| Bergio Intl Inc (BRGO) | $-265.41K | 0.00% | 0.00x | $289.83K |
| Brilliant Earth Group Inc (BRLT) | $97.46 Million | 0.60% | 1.81x | $18.90 Million |
| Citychamp Watch & Jewellery Group Limited (CEBTF) | $3.96 Billion | 6.84% | 0.33x | $102.24 Million |
| Compagnie Financière Richemont SA (CFRHF) | $19.86 Billion | 10.44% | 1.01x | $86.13 Billion |
| Christian Dior SE (CHDRF) | $3.72 Billion | 1.26% | 4.75x | $1.89 Billion |
| Chow Tai Fook Jewellery Group (CJEWY) | $33.36 Billion | 16.14% | 1.62x | $18.30 Billion |