NSI NV

AS:NSI Netherlands REIT - Office
Market Cap
$345.71 Million
€336.79 Million EUR
Market Cap Rank
#13553 Global
#23 in Netherlands
Share Price
€18.22
Change (1 day)
+0.44%
52-Week Range
€17.78 - €24.65
All Time High
€36.20
About

We are Amsterdam real estate specialists bringing together local market knowledge, experience and capital. Our commitment is to help shape the future of how we work and live by understanding the local market and putting the needs of our customers first. With over 30 years of high-profile Dutch real estate experience, we're here to stay in creating the places of today and tomorrow. We create space… Read more

NSI NV (NSI) - Net Assets

Latest net assets as of December 2025: €643.65 Million EUR

Based on the latest financial reports, NSI NV (NSI) has net assets worth €643.65 Million EUR as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.04 Billion) and total liabilities (€394.23 Million). 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 €643.65 Million
% of Total Assets 62.02%
Annual Growth Rate 0.49%
5-Year Change -32.14%
10-Year Change 6.52%
Growth Volatility 17.05

NSI NV - Net Assets Trend (2005–2025)

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

Annual Net Assets for NSI NV (2005–2025)

The table below shows the annual net assets of NSI NV from 2005 to 2025.

Year Net Assets Change
2025-12-31 €643.65 Million -4.27%
2024-12-31 €672.34 Million -5.29%
2023-12-31 €709.88 Million -19.97%
2022-12-31 €887.01 Million -6.48%
2021-12-31 €948.46 Million +11.00%
2020-12-31 €854.44 Million -5.41%
2019-12-31 €903.31 Million +23.19%
2018-12-31 €733.28 Million +9.01%
2017-12-31 €672.69 Million +11.33%
2016-12-31 €604.25 Million -8.55%
2015-12-31 €660.72 Million -16.25%
2014-12-31 €788.95 Million -15.43%
2013-12-31 €932.91 Million +18.12%
2012-12-31 €789.79 Million -13.17%
2011-12-31 €909.62 Million +56.39%
2010-12-31 €581.63 Million +4.83%
2009-12-31 €554.83 Million -4.70%
2008-12-31 €582.18 Million -10.90%
2007-12-31 €653.41 Million +6.03%
2006-12-31 €616.26 Million +5.65%
2005-12-31 €583.29 Million --

Equity Component Analysis

This analysis shows how different components contribute to NSI 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 decreased by 117.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock €71.83 Million 11.21%
Other Components €578.69 Million 90.32%
Total Equity €640.73 Million 100.00%

NSI NV Competitors by Market Cap

The table below lists competitors of NSI NV ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 672,344,000 to 640,728,000, a change of -31,616,000 (-4.7%).
  • Net loss of 9,790,000 reduced equity.
  • Dividend payments of 21,826,000 reduced retained earnings.
  • Other comprehensive income increased equity by 309,268,000.
  • Other factors decreased equity by 309,268,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income €-9.79 Million -1.53%
Dividends Paid €21.83 Million -3.41%
Other Comprehensive Income €309.27 Million +48.27%
Other Changes €-309.27 Million -48.27%
Total Change €- -4.70%

Book Value vs Market Value Analysis

This analysis compares NSI 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: 0.55x
  • 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 increased from 0.14x to 0.55x 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 €133.87 €18.22 x
2006-12-31 €134.09 €18.22 x
2007-12-31 €142.17 €18.22 x
2008-12-31 €126.67 €18.22 x
2009-12-31 €114.06 €18.22 x
2010-12-31 €104.59 €18.22 x
2011-12-31 €129.44 €18.22 x
2012-12-31 €80.74 €18.22 x
2013-12-31 €82.26 €18.22 x
2014-12-31 €34.39 €18.22 x
2015-12-31 €35.92 €18.22 x
2016-12-31 €32.84 €18.22 x
2017-12-31 €36.09 €18.22 x
2018-12-31 €38.62 €18.22 x
2019-12-31 €48.17 €18.22 x
2020-12-31 €44.64 €18.22 x
2021-12-31 €48.64 €18.22 x
2022-12-31 €44.64 €18.22 x
2023-12-31 €35.29 €18.22 x
2024-12-31 €34.32 €18.22 x
2025-12-31 €33.07 €18.22 x

Capital Efficiency Dashboard

This dashboard shows how efficiently NSI 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): -1.53%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -11.18%
  • • Asset Turnover: 0.08x
  • • Equity Multiplier: 1.62x
  • Recent ROE (-1.53%) is below the historical average (1.69%), 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 15.32% 101.06% 0.07x 2.06x €31.04 Million
2006 13.25% 88.79% 0.07x 2.05x €20.01 Million
2007 13.02% 94.92% 0.07x 1.91x €19.74 Million
2008 -3.67% -20.98% 0.07x 2.46x €-79.56 Million
2009 -2.63% -14.06% 0.08x 2.38x €-70.08 Million
2010 4.31% 21.15% 0.09x 2.39x €-33.08 Million
2011 8.10% 97.99% 0.03x 3.01x €-14.84 Million
2012 -15.46% -56.18% 0.09x 3.22x €-169.80 Million
2013 -16.74% -80.49% 0.09x 2.31x €-214.19 Million
2014 -21.63% -88.49% 0.09x 2.69x €-200.17 Million
2015 9.65% 95.71% 0.05x 1.95x €-2.28 Million
2016 -2.95% -16.68% 0.09x 1.93x €-78.26 Million
2017 13.62% 90.71% 0.09x 1.66x €24.33 Million
2018 12.48% 94.18% 0.08x 1.66x €18.20 Million
2019 21.73% 205.23% 0.07x 1.43x €105.97 Million
2020 -2.39% -22.82% 0.07x 1.47x €-105.86 Million
2021 12.75% 134.15% 0.07x 1.44x €26.12 Million
2022 -3.54% -38.10% 0.06x 1.44x €-120.07 Million
2023 -20.06% -168.14% 0.08x 1.53x €-213.36 Million
2024 1.84% 14.38% 0.08x 1.56x €-54.86 Million
2025 -1.53% -11.18% 0.08x 1.62x €-73.86 Million

Industry Comparison

This section compares NSI NV's net assets metrics with peer companies in the REIT - Office industry.

No peer company data available for comparison.