ASR Nederland NV (ASRNL) - Net Assets
Based on the latest financial reports, ASR Nederland NV (ASRNL) has net assets worth €8.62 Billion EUR (≈ $10.07 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 (€142.15 Billion ≈ $166.19 Billion USD) and total liabilities (€133.53 Billion ≈ $156.12 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 how tangible is ASR Nederland NV's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €8.62 Billion |
| % of Total Assets | 6.06% |
| Annual Growth Rate | 6.28% |
| 5-Year Change | 35.13% |
| 10-Year Change | 92.71% |
| Growth Volatility | 63.5 |
ASR Nederland NV - Net Assets Trend (2005–2025)
This chart illustrates how ASR Nederland NV's net assets have evolved over time, based on quarterly financial data. See ASRNL defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for ASR Nederland NV (2005–2025)
The table below shows the annual net assets of ASR Nederland NV from 2005 to 2025. For live valuation and market cap data, see ASRNL company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €8.62 Billion ≈ $10.07 Billion |
-12.38% |
| 2024-12-31 | €9.83 Billion ≈ $11.50 Billion |
+4.86% |
| 2023-12-31 | €9.38 Billion ≈ $10.96 Billion |
+51.81% |
| 2022-12-31 | €6.18 Billion ≈ $7.22 Billion |
-3.12% |
| 2021-12-31 | €6.38 Billion ≈ $7.45 Billion |
+1.00% |
| 2020-12-31 | €6.31 Billion ≈ $7.38 Billion |
+3.61% |
| 2019-12-31 | €6.09 Billion ≈ $7.12 Billion |
+11.21% |
| 2018-12-31 | €5.48 Billion ≈ $6.41 Billion |
+0.87% |
| 2017-12-31 | €5.43 Billion ≈ $6.35 Billion |
+21.49% |
| 2016-12-31 | €4.47 Billion ≈ $5.23 Billion |
+4.98% |
| 2015-12-31 | €4.26 Billion ≈ $4.98 Billion |
+14.83% |
| 2014-12-31 | €3.71 Billion ≈ $4.34 Billion |
+1.42% |
| 2013-12-31 | €3.66 Billion ≈ $4.28 Billion |
+37.33% |
| 2012-12-31 | €2.66 Billion ≈ $3.11 Billion |
+43.95% |
| 2011-12-31 | €1.85 Billion ≈ $2.16 Billion |
-4.44% |
| 2010-12-31 | €1.94 Billion ≈ $2.26 Billion |
-0.97% |
| 2009-12-31 | €1.96 Billion ≈ $2.29 Billion |
+269.57% |
| 2008-12-31 | €529.00 Million ≈ $618.46 Million |
-77.58% |
| 2007-12-31 | €2.36 Billion ≈ $2.76 Billion |
-28.75% |
| 2006-12-31 | €3.31 Billion ≈ $3.87 Billion |
+30.00% |
| 2005-12-31 | €2.55 Billion ≈ $2.98 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to ASR Nederland NV'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 714.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €4.34 Billion | 50.46% |
| Common Stock | €33.00 Million | 0.38% |
| Other Comprehensive Income | €446.00 Million | 5.18% |
| Other Components | €3.78 Billion | 43.97% |
| Total Equity | €8.60 Billion | 100.00% |
ASR Nederland NV Competitors by Market Cap
The table below lists competitors of ASR Nederland NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NAT.B.GR. SPONS.ADR/1
F:NAG
|
$13.22 Billion |
|
The Siam Commercial Bank Public Company Limited
BK:SCB-R
|
$13.22 Billion |
|
Realtek Semiconductor Corp
TW:2379
|
$13.23 Billion |
|
REA Group Limited
F:R9C
|
$13.24 Billion |
|
Origin Energy Ltd
AU:ORG
|
$13.21 Billion |
|
EDP RENOVAV. ADR /2 EO 5
F:EDW0
|
$13.21 Billion |
|
Atlassian Corp Plc
NASDAQ:TEAM
|
$13.20 Billion |
|
Reinsurance Group of America
NYSE:RGA
|
$13.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ASR Nederland NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,786,000,000 to 8,604,000,000, a change of -1,182,000,000 (-12.1%).
- Net income of 582,000,000 contributed positively to equity growth.
- Dividend payments of 667,000,000 reduced retained earnings.
- Share repurchases of 236,000,000 reduced equity.
- New share issuances of 497,000,000 increased equity.
- Other comprehensive income increased equity by 189,000,000.
- Other factors decreased equity by 1,547,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €582.00 Million | +6.76% |
| Dividends Paid | €667.00 Million | -7.75% |
| Share Repurchases | €236.00 Million | -2.74% |
| Share Issuances | €497.00 Million | +5.78% |
| Other Comprehensive Income | €189.00 Million | +2.2% |
| Other Changes | €-1.55 Billion | -17.98% |
| Total Change | €- | -12.08% |
Book Value vs Market Value Analysis
This analysis compares ASR Nederland NV'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: 1.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.49x to 1.57x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €133.12 | €65.60 | x |
| 2006-12-31 | €173.71 | €65.60 | x |
| 2007-12-31 | €120.64 | €65.60 | x |
| 2008-12-31 | €23.04 | €65.60 | x |
| 2009-12-31 | €101.55 | €65.60 | x |
| 2010-12-31 | €12.87 | €65.60 | x |
| 2011-12-31 | €12.36 | €65.60 | x |
| 2012-12-31 | €17.84 | €65.60 | x |
| 2013-12-31 | €24.50 | €65.60 | x |
| 2014-12-31 | €24.86 | €65.60 | x |
| 2015-12-31 | €28.38 | €65.60 | x |
| 2016-12-31 | €29.87 | €65.60 | x |
| 2017-12-31 | €36.91 | €65.60 | x |
| 2018-12-31 | €35.58 | €65.60 | x |
| 2019-12-31 | €39.10 | €65.60 | x |
| 2020-12-31 | €39.32 | €65.60 | x |
| 2021-12-31 | €46.65 | €65.60 | x |
| 2022-12-31 | €44.89 | €65.60 | x |
| 2023-12-31 | €39.49 | €65.60 | x |
| 2024-12-31 | €42.10 | €65.60 | x |
| 2025-12-31 | €41.69 | €65.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ASR Nederland NV 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): 6.76%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.95%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 16.52x
- Recent ROE (6.76%) is below the historical average (11.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 21.35% | 6.54% | 0.22x | 14.96x | €283.40 Million |
| 2006 | 19.16% | 7.31% | 0.21x | 12.29x | €298.30 Million |
| 2007 | 39.30% | 11.18% | 0.20x | 17.21x | €662.80 Million |
| 2009 | 13.39% | 3.33% | 0.19x | 20.64x | €64.60 Million |
| 2010 | 14.40% | 4.05% | 0.17x | 20.81x | €84.90 Million |
| 2011 | 9.60% | 3.09% | 0.14x | 22.45x | €-7.40 Million |
| 2012 | 11.81% | 4.20% | 0.17x | 16.63x | €48.40 Million |
| 2013 | 5.82% | 3.15% | 0.16x | 11.71x | €-153.50 Million |
| 2014 | 9.17% | 4.93% | 0.13x | 13.85x | €-30.90 Million |
| 2015 | 13.71% | 8.10% | 0.14x | 12.48x | €158.50 Million |
| 2016 | 13.95% | 9.43% | 0.12x | 12.71x | €176.90 Million |
| 2017 | 16.05% | 14.25% | 0.11x | 10.20x | €328.70 Million |
| 2018 | 11.13% | 10.55% | 0.10x | 10.77x | €62.10 Million |
| 2019 | 14.97% | 11.42% | 0.11x | 11.44x | €302.70 Million |
| 2020 | 9.65% | 8.11% | 0.10x | 12.22x | €-22.30 Million |
| 2021 | 12.14% | 9.10% | 0.13x | 10.05x | €157.40 Million |
| 2022 | -28.57% | 0.00% | -0.17x | 10.06x | €-2.37 Billion |
| 2023 | 12.45% | 8.14% | 0.08x | 18.08x | €204.20 Million |
| 2024 | 9.02% | 4.28% | 0.15x | 14.16x | €-95.60 Million |
| 2025 | 6.76% | 2.95% | 0.14x | 16.52x | €-278.40 Million |
Industry Comparison
This section compares ASR Nederland NV's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $14,868,491,745
- Average return on equity (ROE) among peers: 15.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ASR Nederland NV (ASRNL) | €8.62 Billion | 21.35% | 15.50x | $13.22 Billion |
| Aegon NV (AGN) | $7.88 Billion | 14.96% | 15.54x | $10.02 Billion |
| NN Group NV (NN) | $21.85 Billion | 15.06% | 14.05x | $19.68 Billion |
About ASR Nederland NV
ASR Nederland N.V. provides insurance, pensions, and mortgages products and services for consumers, businesses, and employers in the Netherlands. The company operates through five segments: Non-Life, Life, Asset Management, Distribution and Services, and Holding and Other. It offers individual and group disability, as well as sickness leave; property and casualty, including motor, fire, liability… Read more