Palfinger AG Net Assets
Palfinger AG net assets. Based on the latest financial reports, Palfinger AG (PAL) has net assets worth €946.43 Million EUR (≈ $1.11 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.17 Billion ≈ $2.54 Billion USD) and total liabilities (€1.23 Billion ≈ $1.43 Billion USD). 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. Also explore net asset momentum of Palfinger AG to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €946.43 Million |
| % of Total Assets | 43.56% |
| Annual Growth Rate | 6.05% |
| 5-Year Change | 49.74% |
| 10-Year Change | 58.5% |
| Growth Volatility | 7.89 |
Net Assets of Palfinger AG (2015–2025)
Net assets of Palfinger AG from 2015 to 2025. This chart illustrates how Palfinger AG's net assets have evolved over time, based on quarterly financial data. See Palfinger AG balance sheet quality to measure how much of total assets are equity-financed.
Annual Net Assets for Palfinger AG (2015–2025)
The table below shows the annual net assets of Palfinger AG from 2015 to 2025. For live market cap and overall valuation, see PAL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €919.18 Million ≈ $1.07 Billion |
+22.06% |
| 2024-12-31 | €753.07 Million ≈ $880.41 Million |
+5.25% |
| 2023-12-31 | €715.52 Million ≈ $836.51 Million |
+6.02% |
| 2022-12-31 | €674.87 Million ≈ $789.00 Million |
+9.94% |
| 2021-12-31 | €613.86 Million ≈ $717.66 Million |
-0.42% |
| 2020-12-31 | €616.45 Million ≈ $720.69 Million |
-2.01% |
| 2019-12-31 | €629.09 Million ≈ $735.47 Million |
+13.20% |
| 2018-12-31 | €555.73 Million ≈ $649.70 Million |
-3.47% |
| 2017-12-31 | €575.71 Million ≈ $673.07 Million |
-0.73% |
| 2016-12-31 | €579.92 Million ≈ $677.99 Million |
+13.56% |
| 2015-12-31 | €510.66 Million ≈ $597.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Palfinger 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 109.6% over the analyzed period, indicating profitable operations and earnings retention.
Palfinger AG Net Assets Breakdown (December 2025)
Palfinger AG net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €848.79 Million | 98.55% |
| Other Components | €12.52 Million | 1.45% |
| Total Equity | €861.31 Million | 100.00% |
Palfinger AG Competitors by Market Cap
The table below lists competitors of Palfinger AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fermi Inc.
NASDAQ:FRMI
|
$1.17 Billion |
|
Wenzhou Yihua Connector Co Ltd
SHE:002897
|
$1.17 Billion |
|
Xpel Inc
NASDAQ:XPEL
|
$1.17 Billion |
|
Zhongli Science and Technology Group Co Ltd
SHE:002309
|
$1.17 Billion |
|
Guizhou Qianyuan Power Co Ltd
SHE:002039
|
$1.16 Billion |
|
Donnelley Financial Solutions Inc
NYSE:DFIN
|
$1.16 Billion |
|
EVEREST MED.LTD DL-0001
F:6HN
|
$1.16 Billion |
|
Cymbria Corporation
TO:CYB
|
$1.16 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Palfinger AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 698,759,000 to 861,313,000, a change of 162,554,000 (23.3%).
- Net income of 96,683,000 contributed positively to equity growth.
- Dividend payments of 31,290,000 reduced retained earnings.
- New share issuances of 98,691,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €96.68 Million | +11.23% |
| Dividends Paid | €31.29 Million | -3.63% |
| Share Issuances | €98.69 Million | +11.46% |
| Other Changes | €-1.53 Million | -0.18% |
| Total Change | €- | 23.26% |
Book Value vs Market Value Analysis
This analysis compares Palfinger 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: 1.19x
- 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 1.89x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €14.44 | €27.35 | x |
| 2018-12-31 | €13.67 | €27.35 | x |
| 2019-12-31 | €15.43 | €27.35 | x |
| 2020-12-31 | €15.13 | €27.35 | x |
| 2021-12-31 | €14.85 | €27.35 | x |
| 2022-12-31 | €17.65 | €27.35 | x |
| 2023-12-31 | €18.85 | €27.35 | x |
| 2024-12-31 | €20.10 | €27.35 | x |
| 2025-12-31 | €22.91 | €27.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Palfinger 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): 11.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.13%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 2.49x
- Recent ROE (11.23%) is below the historical average (12.43%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 13.11% | 5.23% | 1.01x | 2.47x | €15.26 Million |
| 2016 | 11.03% | 4.51% | 0.88x | 2.77x | €5.73 Million |
| 2017 | 9.67% | 3.57% | 0.95x | 2.85x | €-1.78 Million |
| 2018 | 11.27% | 3.59% | 1.06x | 2.97x | €6.55 Million |
| 2019 | 13.79% | 4.56% | 1.07x | 2.83x | €22.01 Million |
| 2020 | 8.76% | 3.25% | 0.99x | 2.74x | €-7.08 Million |
| 2021 | 15.51% | 4.70% | 1.09x | 3.03x | €30.74 Million |
| 2022 | 11.63% | 3.21% | 1.14x | 3.19x | €10.01 Million |
| 2023 | 16.43% | 4.40% | 1.19x | 3.14x | €42.13 Million |
| 2024 | 14.31% | 4.24% | 1.11x | 3.05x | €30.14 Million |
| 2025 | 11.23% | 4.13% | 1.09x | 2.49x | €10.55 Million |
Industry Comparison
This section compares Palfinger AG's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $239,205,900
- Average return on equity (ROE) among peers: 3.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Palfinger AG (PAL) | €946.43 Million | 13.11% | 1.30x | $1.17 Billion |
| Rosenbauer International AG (ROS) | $239.21 Million | 3.15% | 1.61x | $630.36 Million |
About Palfinger AG
Palfinger AG, together with its subsidiaries, provides hydraulic lifting solutions in Austria and internationally. The company operates in two segments, Sales and Service, and Operations. It offers loader, timber and recycling, marine, offshore, wind, and mobile cranes, as well as hooklifts and skiploaders, tail and passenger lifts, aerial work platforms, truck-mounted forklifts, boats, rope acce… Read more