Smurfit Kappa Group Plc
Smurfit Kappa Group Plc, together with its subsidiaries, manufactures, distributes, and sells containerboard, corrugated containers, and other paper-based packaging products in Ireland, Germany, France, Mexico, rest of Europe, and other Americas. The company offers e-commerce, retail, consumer, industrial, bottle, protective, heavy-duty, hexacomb, and various punnet packaging products; composite … Read more
Smurfit Kappa Group Plc (SMFTF) - Net Assets
Latest net assets as of June 2025: $18.32 Billion USD
Based on the latest financial reports, Smurfit Kappa Group Plc (SMFTF) has net assets worth $18.32 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 ($45.75 Billion) and total liabilities ($27.42 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 | $18.32 Billion |
| % of Total Assets | 40.06% |
| Annual Growth Rate | 20.22% |
| 5-Year Change | 359.61% |
| 10-Year Change | 646.86% |
| Growth Volatility | 70.62 |
Smurfit Kappa Group Plc - Net Assets Trend (2006–2024)
This chart illustrates how Smurfit Kappa 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 Smurfit Kappa Group Plc (2006–2024)
The table below shows the annual net assets of Smurfit Kappa Group Plc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $17.39 Billion | +210.22% |
| 2023-12-31 | $5.60 Billion | +11.25% |
| 2022-12-31 | $5.04 Billion | +14.71% |
| 2021-12-31 | $4.39 Billion | +16.10% |
| 2020-12-31 | $3.78 Billion | +26.39% |
| 2019-12-31 | $2.99 Billion | +3.56% |
| 2018-12-31 | $2.89 Billion | +8.69% |
| 2017-12-31 | $2.66 Billion | +6.23% |
| 2016-12-31 | $2.50 Billion | +7.52% |
| 2015-12-31 | $2.33 Billion | -3.76% |
| 2014-12-31 | $2.42 Billion | -3.51% |
| 2013-12-31 | $2.51 Billion | +1.58% |
| 2012-12-31 | $2.47 Billion | +12.90% |
| 2011-12-31 | $2.19 Billion | +12.91% |
| 2010-12-31 | $1.94 Billion | +4.37% |
| 2009-12-31 | $1.85 Billion | +3.29% |
| 2008-12-31 | $1.80 Billion | -17.98% |
| 2007-12-31 | $2.19 Billion | +246.72% |
| 2006-12-31 | $631.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Smurfit Kappa 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 361370600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $2.95 Billion | 16.99% |
| Common Stock | $1.00 Million | 0.01% |
| Other Comprehensive Income | $-1.45 Billion | -8.33% |
| Other Components | $15.86 Billion | 91.33% |
| Total Equity | $17.36 Billion | 100.00% |
Smurfit Kappa Group Plc Competitors by Market Cap
The table below lists competitors of Smurfit Kappa Group Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China CITIC Bank Corporation Limited
F:D7C
|
$10.55 Billion |
|
UDR Inc
NYSE:UDR
|
$10.55 Billion |
|
WFD Unibail Rodamco NV
PINK:UNBLF
|
$10.56 Billion |
|
AMGN
NEO:AMGN
|
$10.56 Billion |
|
KC40
F:KC40
|
$10.54 Billion |
|
International Consolidated Airlines Group S.A.
PINK:BABWF
|
$10.53 Billion |
|
Samsung C and T 1P Pref
KO:02826K
|
$10.53 Billion |
|
The Sage Group plc
PINK:SGPYY
|
$10.52 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Smurfit Kappa Group Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,158,000,000 to 17,360,000,000, a change of 11,202,000,000 (181.9%).
- Net income of 319,000,000 contributed positively to equity growth.
- Dividend payments of 650,000,000 reduced retained earnings.
- Share repurchases of 27,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,259,110,084.
- Other factors increased equity by 12,819,110,084.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $319.00 Million | +1.84% |
| Dividends Paid | $650.00 Million | -3.74% |
| Share Repurchases | $27.00 Million | -0.16% |
| Other Comprehensive Income | $-1.26 Billion | -7.25% |
| Other Changes | $12.82 Billion | +73.84% |
| Total Change | $- | 181.91% |
Book Value vs Market Value Analysis
This analysis compares Smurfit Kappa 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: 0.92x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 17.03x to 0.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $2.41 | $41.06 | x |
| 2007-12-31 | $9.99 | $41.06 | x |
| 2008-12-31 | $7.57 | $41.06 | x |
| 2009-12-31 | $7.69 | $41.06 | x |
| 2010-12-31 | $7.91 | $41.06 | x |
| 2011-12-31 | $8.83 | $41.06 | x |
| 2012-12-31 | $9.81 | $41.06 | x |
| 2013-12-31 | $9.91 | $41.06 | x |
| 2014-12-31 | $9.46 | $41.06 | x |
| 2015-12-31 | $9.22 | $41.06 | x |
| 2016-12-31 | $9.83 | $41.06 | x |
| 2017-12-31 | $10.58 | $41.06 | x |
| 2018-12-31 | $11.69 | $41.06 | x |
| 2019-12-31 | $12.40 | $41.06 | x |
| 2020-12-31 | $15.64 | $41.06 | x |
| 2021-12-31 | $16.84 | $41.06 | x |
| 2022-12-31 | $19.25 | $41.06 | x |
| 2023-12-31 | $23.68 | $41.06 | x |
| 2024-12-31 | $44.63 | $41.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Smurfit Kappa 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): 1.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.51%
- • Asset Turnover: 0.48x
- • Equity Multiplier: 2.52x
- Recent ROE (1.84%) is below the historical average (6.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | -34.36% | -2.44% | 0.80x | 17.67x | $-219.65 Million |
| 2007 | 7.17% | 2.02% | 0.84x | 4.22x | $-58.05 Million |
| 2008 | -3.03% | -0.71% | 0.87x | 4.93x | $-215.10 Million |
| 2009 | -7.28% | -2.01% | 0.75x | 4.81x | $-289.60 Million |
| 2010 | 2.84% | 0.75% | 0.84x | 4.50x | $-126.30 Million |
| 2011 | 10.33% | 2.80% | 0.87x | 4.22x | $6.50 Million |
| 2012 | 10.64% | 3.27% | 0.87x | 3.74x | $14.40 Million |
| 2013 | 8.15% | 2.36% | 0.97x | 3.57x | $-42.80 Million |
| 2014 | 10.85% | 2.98% | 0.95x | 3.82x | $18.80 Million |
| 2015 | 18.37% | 4.93% | 0.95x | 3.91x | $182.30 Million |
| 2016 | 19.06% | 5.44% | 0.92x | 3.81x | $211.10 Million |
| 2017 | 16.63% | 4.87% | 0.95x | 3.59x | $166.20 Million |
| 2018 | -23.41% | -7.22% | 0.94x | 3.44x | $-921.90 Million |
| 2019 | 16.12% | 5.26% | 0.91x | 3.36x | $180.80 Million |
| 2020 | 14.46% | 6.39% | 0.83x | 2.73x | $168.00 Million |
| 2021 | 15.51% | 6.72% | 0.86x | 2.67x | $241.10 Million |
| 2022 | 18.79% | 7.37% | 1.03x | 2.48x | $441.50 Million |
| 2023 | 12.31% | 6.70% | 0.86x | 2.14x | $142.20 Million |
| 2024 | 1.84% | 1.51% | 0.48x | 2.52x | $-1.42 Billion |
Industry Comparison
This section compares Smurfit Kappa Group Plc's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Smurfit Kappa Group Plc (SMFTF) | $18.32 Billion | -34.36% | 1.50x | $10.55 Billion |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $602.86 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.67 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $13.17 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $16.50 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.76 Billion |