CSG N.V.

AS:CSG Netherlands Aerospace & Defense
Market Cap
$29.42 Billion
€28.66 Billion EUR
Market Cap Rank
#38616 Global
#58 in Netherlands
Share Price
€28.66
Change (1 day)
+0.24%
52-Week Range
€27.72 - €33.01
All Time High
€33.01
About

CSG N.V. manufactures and sells defence products in the Czech Republic, Europe, the United States, and the Asia Pacific. The company operates through CSG Defence Systems and CSG Ammo + segments. The CSG Defence Systems segment focuses on the production, sale, service, and maintenance of military and defence equipment to customers, including governments and private companies. Its products includes… Read more

CSG N.V. (CSG) - Net Assets

Latest net assets as of September 2025: €1.73 Billion EUR

Based on the latest financial reports, CSG N.V. (CSG) has net assets worth €1.73 Billion EUR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€9.65 Billion) and total liabilities (€7.92 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 €1.73 Billion
% of Total Assets 17.93%
Annual Growth Rate -45.54%
5-Year Change N/A
10-Year Change N/A
Growth Volatility 91.47

CSG N.V. - Net Assets Trend (2021–2024)

This chart illustrates how CSG N.V.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for CSG N.V. (2021–2024)

The table below shows the annual net assets of CSG N.V. from 2021 to 2024.

Year Net Assets Change
2024-12-31 €1.49 Billion +117.48%
2023-12-31 €686.92 Million -95.65%
2022-12-31 €15.80 Billion +70.77%
2021-12-31 €9.25 Billion --

Equity Component Analysis

This analysis shows how different components contribute to CSG N.V.'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 82.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings €998.07 Million 84.54%
Common Stock €78.43 Million 6.64%
Other Components €104.08 Million 8.82%
Total Equity €1.18 Billion 100.00%

CSG N.V. Competitors by Market Cap

The table below lists competitors of CSG N.V. ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in CSG N.V.'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 460,438,000 to 1,180,578,000, a change of 720,140,000 (156.4%).
  • Net income of 549,261,000 contributed positively to equity growth.
  • Dividend payments of 15,954,000 reduced retained earnings.
  • Other factors increased equity by 186,833,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income €549.26 Million +46.52%
Dividends Paid €15.95 Million -1.35%
Other Changes €186.83 Million +15.83%
Total Change €- 156.40%

Book Value vs Market Value Analysis

This analysis compares CSG N.V.'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: 24.28x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has increased from 3.37x to 24.28x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2021-12-31 €8.50 €28.66 x
2022-12-31 €11.38 €28.66 x
2023-12-31 €0.46 €28.66 x
2024-12-31 €1.18 €28.66 x

Capital Efficiency Dashboard

This dashboard shows how efficiently CSG N.V. 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): 46.52%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.60%
  • • Asset Turnover: 0.65x
  • • Equity Multiplier: 6.80x
  • Recent ROE (46.52%) is above the historical average (31.23%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2021 14.45% 8.50% 0.53x 3.23x €377.93 Million
2022 26.14% 11.93% 0.41x 5.28x €1.84 Billion
2023 37.80% 10.04% 0.52x 7.28x €128.01 Million
2024 46.52% 10.60% 0.65x 6.80x €431.20 Million

Industry Comparison

This section compares CSG N.V.'s net assets metrics with peer companies in the Aerospace & Defense industry.

Industry Context

  • Industry: Aerospace & Defense
  • Average net assets among peers: $236,202,621
  • Average return on equity (ROE) among peers: 28.54%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
CSG N.V. (CSG) €1.73 Billion 14.45% 4.58x $285.57K
Theon International Plc (THEON) $236.20 Million 28.54% 0.66x $764.67 Million