PostNL NV (PNL) - Net Assets
Based on the latest financial reports, PostNL NV (PNL) has net assets worth €179.00 Million EUR (≈ $209.27 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€2.20 Billion ≈ $2.58 Billion USD) and total liabilities (€2.02 Billion ≈ $2.37 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 tangible equity quality of PostNL NV to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €179.00 Million |
| % of Total Assets | 8.12% |
| Annual Growth Rate | -8.29% |
| 5-Year Change | -58.28% |
| 10-Year Change | N/A |
| Growth Volatility | 65.46 |
PostNL NV - Net Assets Trend (1998–2025)
This chart illustrates how PostNL NV's net assets have evolved over time, based on quarterly financial data. See PostNL NV defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PostNL NV (1998–2025)
The table below shows the annual net assets of PostNL NV from 1998 to 2025. For live valuation and market cap data, see PostNL NV stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €179.00 Million ≈ $209.27 Million |
-12.68% |
| 2024-12-31 | €205.00 Million ≈ $239.67 Million |
+2.50% |
| 2023-12-31 | €200.00 Million ≈ $233.82 Million |
+11.73% |
| 2022-12-31 | €179.00 Million ≈ $209.27 Million |
-58.28% |
| 2021-12-31 | €429.00 Million ≈ $501.55 Million |
+94.12% |
| 2020-12-31 | €221.00 Million ≈ $258.37 Million |
+1327.78% |
| 2019-12-31 | €-18.00 Million ≈ $-21.04 Million |
-136.73% |
| 2018-12-31 | €49.00 Million ≈ $57.29 Million |
+32.43% |
| 2017-12-31 | €37.00 Million ≈ $43.26 Million |
+148.68% |
| 2016-12-31 | €-76.00 Million ≈ $-88.85 Million |
+64.81% |
| 2015-12-31 | €-216.00 Million ≈ $-252.53 Million |
+63.39% |
| 2014-12-31 | €-590.00 Million ≈ $-689.77 Million |
+12.20% |
| 2013-12-31 | €-672.00 Million ≈ $-785.64 Million |
-162.22% |
| 2012-12-31 | €1.08 Billion ≈ $1.26 Billion |
+160.87% |
| 2011-12-31 | €414.00 Million ≈ $484.01 Million |
-83.05% |
| 2010-12-31 | €2.44 Billion ≈ $2.86 Billion |
+17.45% |
| 2009-12-31 | €2.08 Billion ≈ $2.43 Billion |
+18.38% |
| 2008-12-31 | €1.76 Billion ≈ $2.05 Billion |
-9.94% |
| 2007-12-31 | €1.95 Billion ≈ $2.28 Billion |
-2.84% |
| 2006-12-31 | €2.01 Billion ≈ $2.35 Billion |
-39.08% |
| 2005-12-31 | €3.30 Billion ≈ $3.85 Billion |
+18.39% |
| 2004-12-31 | €2.78 Billion ≈ $3.25 Billion |
-6.76% |
| 2003-12-31 | €2.99 Billion ≈ $3.49 Billion |
+4.41% |
| 2002-12-31 | €2.86 Billion ≈ $3.34 Billion |
+14.45% |
| 2001-12-31 | €2.50 Billion ≈ $2.92 Billion |
+1.63% |
| 2000-12-31 | €2.46 Billion ≈ $2.87 Billion |
+12.28% |
| 1999-12-31 | €2.19 Billion ≈ $2.56 Billion |
+18.41% |
| 1998-12-31 | €1.85 Billion ≈ $2.16 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to PostNL 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 107.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €40.00 Million | 22.73% |
| Other Comprehensive Income | €-14.00 Million | -7.95% |
| Other Components | €166.00 Million | 94.32% |
| Total Equity | €176.00 Million | 100.00% |
PostNL NV Competitors by Market Cap
The table below lists competitors of PostNL NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petpal Pet Nutrition Technology Co Ltd
SHE:300673
|
$494.34 Million |
|
Qingdao Kingking Applied Chemistry Co Ltd
SHE:002094
|
$494.38 Million |
|
Mercuries & Associates Holding Ltd
TW:2905
|
$494.44 Million |
|
Zhejiang Jinsheng New Materials Co
SHE:300849
|
$494.53 Million |
|
GENERAL Elevator Co. Ltd.
SHE:300931
|
$493.73 Million |
|
Kenmec Mechanical Engineering Co Ltd
TWO:6125
|
$493.70 Million |
|
Beijing Leadman Biochemistry Co Ltd
SHE:300289
|
$493.56 Million |
|
Stenhus Fastigheter I Norden AB
ST:SFAST
|
$493.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PostNL NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 202,000,000 to 176,000,000, a change of -26,000,000 (-12.9%).
- Net loss of 17,000,000 reduced equity.
- Dividend payments of 15,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 4,000,000.
- Other factors increased equity by 10,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-17.00 Million | -9.66% |
| Dividends Paid | €15.00 Million | -8.52% |
| Other Comprehensive Income | €-4.00 Million | -2.27% |
| Other Changes | €10.00 Million | +5.68% |
| Total Change | €- | -12.87% |
Book Value vs Market Value Analysis
This analysis compares PostNL 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: 2.82x
- 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 0.25x to 2.82x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | €3.88 | €0.98 | x |
| 1999-12-31 | €4.58 | €0.98 | x |
| 2000-12-31 | €5.13 | €0.98 | x |
| 2001-12-31 | €5.23 | €0.98 | x |
| 2002-12-31 | €5.98 | €0.98 | x |
| 2003-12-31 | €6.23 | €0.98 | x |
| 2004-12-31 | €5.84 | €0.98 | x |
| 2005-12-31 | €7.18 | €0.98 | x |
| 2006-12-31 | €4.68 | €0.98 | x |
| 2007-12-31 | €5.04 | €0.98 | x |
| 2008-12-31 | €4.75 | €0.98 | x |
| 2009-12-31 | €5.58 | €0.98 | x |
| 2010-12-31 | €6.46 | €0.98 | x |
| 2011-12-31 | €0.93 | €0.98 | x |
| 2012-12-31 | €2.43 | €0.98 | x |
| 2013-12-31 | €-1.54 | €0.98 | x |
| 2014-12-31 | €-1.35 | €0.98 | x |
| 2015-12-31 | €-0.50 | €0.98 | x |
| 2016-12-31 | €-0.18 | €0.98 | x |
| 2017-12-31 | €0.08 | €0.98 | x |
| 2018-12-31 | €0.10 | €0.98 | x |
| 2019-12-31 | €-0.04 | €0.98 | x |
| 2020-12-31 | €0.44 | €0.98 | x |
| 2021-12-31 | €0.84 | €0.98 | x |
| 2022-12-31 | €0.36 | €0.98 | x |
| 2023-12-31 | €0.40 | €0.98 | x |
| 2024-12-31 | €0.40 | €0.98 | x |
| 2025-12-31 | €0.35 | €0.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PostNL 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): -9.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.51%
- • Asset Turnover: 1.50x
- • Equity Multiplier: 12.52x
- Recent ROE (-9.66%) is below the historical average (33.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | 20.06% | 5.02% | 1.43x | 2.80x | €185.27 Million |
| 1999 | 19.36% | 4.91% | 1.37x | 2.87x | €204.03 Million |
| 2000 | 21.46% | 5.29% | 1.33x | 3.04x | €280.90 Million |
| 2001 | 23.53% | 5.21% | 1.33x | 3.40x | €336.40 Million |
| 2002 | 21.08% | 5.08% | 1.43x | 2.91x | €314.80 Million |
| 2003 | 10.10% | 2.53% | 1.50x | 2.67x | €3.10 Million |
| 2004 | 24.12% | 5.28% | 1.53x | 3.00x | €390.50 Million |
| 2005 | 20.16% | 6.54% | 1.20x | 2.56x | €333.10 Million |
| 2006 | 33.84% | 6.67% | 1.59x | 3.18x | €472.70 Million |
| 2007 | 51.06% | 8.89% | 1.57x | 3.67x | €792.90 Million |
| 2008 | 32.08% | 4.99% | 1.55x | 4.15x | €382.70 Million |
| 2009 | 13.64% | 2.69% | 1.36x | 3.74x | €75.00 Million |
| 2010 | 14.32% | 8.04% | 0.53x | 3.36x | €104.60 Million |
| 2011 | 434.00% | 40.40% | 1.04x | 10.30x | €1.70 Billion |
| 2012 | 63.33% | 15.64% | 0.93x | 4.36x | €570.10 Million |
| 2013 | 0.00% | -3.95% | 1.75x | 0.00x | €-102.10 Million |
| 2014 | 0.00% | 5.29% | 1.72x | 0.00x | €284.70 Million |
| 2015 | 0.00% | 4.31% | 1.54x | 0.00x | €171.30 Million |
| 2016 | 0.00% | 8.17% | 1.76x | 0.00x | €286.90 Million |
| 2017 | 435.29% | 4.23% | 1.68x | 61.18x | €144.60 Million |
| 2018 | 71.74% | 1.19% | 1.63x | 36.91x | €28.40 Million |
| 2019 | 0.00% | 2.53% | 1.33x | 0.00x | €74.10 Million |
| 2020 | 99.09% | 6.67% | 1.47x | 10.09x | €195.10 Million |
| 2021 | 60.33% | 7.41% | 1.40x | 5.83x | €214.40 Million |
| 2022 | -554.24% | -31.19% | 1.42x | 12.55x | €-998.70 Million |
| 2023 | 27.78% | 1.74% | 1.45x | 11.01x | €35.20 Million |
| 2024 | 8.42% | 0.52% | 1.53x | 10.50x | €-3.20 Million |
| 2025 | -9.66% | -0.51% | 1.50x | 12.52x | €-34.60 Million |
Industry Comparison
This section compares PostNL NV's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $108,507,000
- Average return on equity (ROE) among peers: 37.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PostNL NV (PNL) | €179.00 Million | 20.06% | 11.31x | $493.93 Million |
| Ferrari Group PLC (FERGR) | $108.51 Million | 37.23% | 1.06x | $742.27 Million |
About PostNL NV
PostNL N.V. provides postal and logistics services to businesses and consumers in the Netherlands, rest of Europe, and internationally. The company in two segments, Parcels and Mail in the Netherlands, and PostNL Other. It collects, sorts, transports, and delivers letters and parcels; and offers data management, direct marketing, and fulfillment services, as well as cross-border mail and parcels … Read more