PUMA SE (PUM) - Net Assets
Based on the latest financial reports, PUMA SE (PUM) has net assets worth €2.10 Billion EUR (≈ $2.46 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 (€7.06 Billion ≈ $8.25 Billion USD) and total liabilities (€4.96 Billion ≈ $5.79 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. Check PUMA SE asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.10 Billion |
| % of Total Assets | 29.8% |
| Annual Growth Rate | 10.49% |
| 5-Year Change | 60.36% |
| 10-Year Change | 74.68% |
| Growth Volatility | 20.41 |
PUMA SE - Net Assets Trend (1997–2024)
This chart illustrates how PUMA SE's net assets have evolved over time, based on quarterly financial data. Also explore PUMA SE balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for PUMA SE (1997–2024)
The table below shows the annual net assets of PUMA SE from 1997 to 2024. For live valuation and market cap data, see PUMA SE market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.83 Billion ≈ $3.31 Billion |
+9.54% |
| 2023-12-31 | €2.58 Billion ≈ $3.02 Billion |
+1.71% |
| 2022-12-31 | €2.54 Billion ≈ $2.97 Billion |
+11.42% |
| 2021-12-31 | €2.28 Billion ≈ $2.66 Billion |
+29.17% |
| 2020-12-31 | €1.76 Billion ≈ $2.06 Billion |
-8.14% |
| 2019-12-31 | €1.92 Billion ≈ $2.25 Billion |
+11.50% |
| 2018-12-31 | €1.72 Billion ≈ $2.01 Billion |
+3.95% |
| 2017-12-31 | €1.66 Billion ≈ $1.94 Billion |
-3.80% |
| 2016-12-31 | €1.72 Billion ≈ $2.01 Billion |
+6.35% |
| 2015-12-31 | €1.62 Billion ≈ $1.89 Billion |
+0.06% |
| 2014-12-31 | €1.62 Billion ≈ $1.89 Billion |
+8.08% |
| 2013-12-31 | €1.50 Billion ≈ $1.75 Billion |
-6.27% |
| 2012-12-31 | €1.60 Billion ≈ $1.87 Billion |
-0.49% |
| 2011-12-31 | €1.61 Billion ≈ $1.88 Billion |
+15.78% |
| 2010-12-31 | €1.39 Billion ≈ $1.62 Billion |
+11.82% |
| 2009-12-31 | €1.24 Billion ≈ $1.45 Billion |
+5.32% |
| 2008-12-31 | €1.18 Billion ≈ $1.38 Billion |
+2.65% |
| 2007-12-31 | €1.15 Billion ≈ $1.34 Billion |
+10.13% |
| 2006-12-31 | €1.04 Billion ≈ $1.22 Billion |
+19.57% |
| 2005-12-31 | €870.90 Million ≈ $1.02 Billion |
+59.01% |
| 2004-12-31 | €547.70 Million ≈ $640.32 Million |
+42.69% |
| 2003-12-31 | €383.85 Million ≈ $448.76 Million |
+51.94% |
| 2002-12-31 | €252.63 Million ≈ $295.36 Million |
+42.31% |
| 2001-12-31 | €177.52 Million ≈ $207.54 Million |
+35.24% |
| 2000-12-31 | €131.26 Million ≈ $153.46 Million |
+17.02% |
| 1999-12-31 | €112.17 Million ≈ $131.14 Million |
-41.55% |
| 1998-12-31 | €191.91 Million ≈ $224.37 Million |
+0.36% |
| 1997-12-31 | €191.23 Million ≈ $223.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PUMA SE'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 11996.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.78 Billion | 98.15% |
| Common Stock | €149.70 Million | 5.29% |
| Other Comprehensive Income | €-173.00 Million | -6.12% |
| Other Components | €75.60 Million | 2.67% |
| Total Equity | €2.83 Billion | 100.00% |
PUMA SE Competitors by Market Cap
The table below lists competitors of PUMA SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aroundtown SA
XETRA:AT1
|
$2.72 Billion |
|
Steven Madden Ltd
NASDAQ:SHOO
|
$2.72 Billion |
|
BSP Financial Group Ltd
AU:BFL
|
$2.73 Billion |
|
Aroundtown SA
F:AT1
|
$2.73 Billion |
|
Chengdu Wintrue Holding Co Ltd
SHE:002539
|
$2.72 Billion |
|
The Chefs Warehouse Inc
NASDAQ:CHEF
|
$2.72 Billion |
|
Ansell Limited
F:PD1A
|
$2.72 Billion |
|
Soleno Therapeutics Inc
NASDAQ:SLNO
|
$2.72 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PUMA SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,553,400,000 to 2,827,700,000, a change of 274,300,000 (10.7%).
- Net income of 281,600,000 contributed positively to equity growth.
- Dividend payments of 122,800,000 reduced retained earnings.
- Share repurchases of 50,000,000 reduced equity.
- Other comprehensive income increased equity by 173,600,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €281.60 Million | +9.96% |
| Dividends Paid | €122.80 Million | -4.34% |
| Share Repurchases | €50.00 Million | -1.77% |
| Other Comprehensive Income | €173.60 Million | +6.14% |
| Other Changes | €-8.10 Million | -0.29% |
| Total Change | €- | 10.74% |
Book Value vs Market Value Analysis
This analysis compares PUMA SE'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: 1.37x
- 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 21.15x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | €1.23 | €25.98 | x |
| 1998-12-31 | €1.24 | €25.98 | x |
| 1999-12-31 | €0.73 | €25.98 | x |
| 2000-12-31 | €0.85 | €25.98 | x |
| 2001-12-31 | €1.15 | €25.98 | x |
| 2002-12-31 | €1.59 | €25.98 | x |
| 2003-12-31 | €2.33 | €25.98 | x |
| 2004-12-31 | €3.29 | €25.98 | x |
| 2005-12-31 | €5.16 | €25.98 | x |
| 2006-12-31 | €6.52 | €25.98 | x |
| 2007-12-31 | €7.15 | €25.98 | x |
| 2008-12-31 | €7.65 | €25.98 | x |
| 2009-12-31 | €8.21 | €25.98 | x |
| 2010-12-31 | €9.17 | €25.98 | x |
| 2011-12-31 | €10.71 | €25.98 | x |
| 2012-12-31 | €10.61 | €25.98 | x |
| 2013-12-31 | €9.92 | €25.98 | x |
| 2014-12-31 | €10.68 | €25.98 | x |
| 2015-12-31 | €10.79 | €25.98 | x |
| 2016-12-31 | €11.43 | €25.98 | x |
| 2017-12-31 | €10.88 | €25.98 | x |
| 2018-12-31 | €11.40 | €25.98 | x |
| 2019-12-31 | €12.53 | €25.98 | x |
| 2020-12-31 | €11.52 | €25.98 | x |
| 2021-12-31 | €14.80 | €25.98 | x |
| 2022-12-31 | €16.52 | €25.98 | x |
| 2023-12-31 | €17.04 | €25.98 | x |
| 2024-12-31 | €18.93 | €25.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PUMA SE 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): 9.96%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.19%
- • Asset Turnover: 1.23x
- • Equity Multiplier: 2.53x
- Recent ROE (9.96%) is below the historical average (13.64%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 35.80% | 12.37% | 1.58x | 1.83x | €48.77 Million |
| 1998 | 3.53% | 1.14% | 1.36x | 2.28x | €-12.36 Million |
| 1999 | 7.49% | 2.25% | 1.40x | 2.38x | €-2.82 Million |
| 2000 | 13.39% | 3.80% | 1.48x | 2.37x | €4.45 Million |
| 2001 | 22.47% | 6.64% | 1.51x | 2.24x | €22.03 Million |
| 2002 | 33.56% | 9.31% | 1.73x | 2.08x | €59.44 Million |
| 2003 | 46.97% | 14.12% | 1.82x | 1.83x | €141.60 Million |
| 2008 | 19.72% | 9.18% | 1.33x | 1.62x | €114.13 Million |
| 2009 | 10.16% | 5.12% | 1.22x | 1.62x | €1.93 Million |
| 2010 | 14.59% | 7.47% | 1.14x | 1.71x | €63.58 Million |
| 2011 | 14.36% | 7.66% | 1.17x | 1.61x | €69.95 Million |
| 2012 | 4.42% | 2.15% | 1.29x | 1.59x | €-88.65 Million |
| 2013 | 0.36% | 0.18% | 1.29x | 1.56x | €-142.86 Million |
| 2014 | 4.02% | 2.16% | 1.17x | 1.60x | €-95.42 Million |
| 2015 | 2.30% | 1.10% | 1.29x | 1.63x | €-124.03 Million |
| 2016 | 3.66% | 1.72% | 1.31x | 1.62x | €-108.29 Million |
| 2017 | 8.35% | 3.28% | 1.45x | 1.76x | €-26.75 Million |
| 2018 | 11.00% | 4.03% | 1.45x | 1.88x | €17.07 Million |
| 2019 | 14.01% | 4.77% | 1.26x | 2.34x | €75.04 Million |
| 2020 | 7.15% | 2.35% | 1.12x | 2.72x | €-49.14 Million |
| 2021 | 13.99% | 4.55% | 1.19x | 2.59x | €88.27 Million |
| 2022 | 14.30% | 4.18% | 1.25x | 2.74x | €106.33 Million |
| 2023 | 11.94% | 3.54% | 1.30x | 2.60x | €49.56 Million |
| 2024 | 9.96% | 3.19% | 1.23x | 2.53x | €-1.17 Million |
Industry Comparison
This section compares PUMA SE's net assets metrics with peer companies in the Footwear & Accessories industry.
Industry Context
- Industry: Footwear & Accessories
- Average net assets among peers: $33,642,553,800
- Average return on equity (ROE) among peers: 14.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PUMA SE (PUM) | €2.10 Billion | 35.80% | 2.36x | $2.72 Billion |
| 361 Degrees International Limited (36L) | $7.57 Billion | 5.49% | 0.54x | $1.38 Billion |
| adidas AG (ADS) | $7.06 Billion | 28.00% | 1.93x | $28.67 Billion |
| adidas AG (ADS1) | $6.36 Billion | 26.74% | 1.45x | $28.57 Billion |
| ASICS CORP.(UNSP.ADR)/1 (ASI) | $146.53 Billion | 6.42% | 1.36x | $17.00 Billion |
| Phillips 66 (PSX) | $690.78 Million | 6.24% | 0.26x | $94.97 Million |
About PUMA SE
PUMA SE, together with its subsidiaries, engages in the development and sale of sports and sports lifestyle products in Germany, rest of Europe, the United States, North America, and internationally. The company offers sports lifestyle products for football, handball, rugby, cricket, volleyball, track and field, motorsports, golf, and basketball. It also issues licenses to independent partners to… Read more