NRW Holdings Ltd
NRW Holdings Limited, through its subsidiaries, provides diversified contract services to the resources and infrastructure sectors in Australia. The company operates through three segments: Civil; Mining; and Minerals, Energy & Technologies. The Civil segment delivers private and public civil infrastructure, mine development, bulk earthworks, and commercial and residential subdivision projects. I… Read more
NRW Holdings Ltd (NWH) - Net Assets
Latest net assets as of December 2025: AU$641.48 Million AUD
Based on the latest financial reports, NRW Holdings Ltd (NWH) has net assets worth AU$641.48 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$2.05 Billion) and total liabilities (AU$1.41 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 | AU$641.48 Million |
| % of Total Assets | 31.3% |
| Annual Growth Rate | 15.51% |
| 5-Year Change | 11.9% |
| 10-Year Change | 307.24% |
| Growth Volatility | 41.92 |
NRW Holdings Ltd - Net Assets Trend (2007–2025)
This chart illustrates how NRW Holdings Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NRW Holdings Ltd (2007–2025)
The table below shows the annual net assets of NRW Holdings Ltd from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$610.01 Million | -6.52% |
| 2024-06-30 | AU$652.56 Million | +6.96% |
| 2023-06-30 | AU$610.12 Million | +3.22% |
| 2022-06-30 | AU$591.09 Million | +8.43% |
| 2021-06-30 | AU$545.12 Million | +15.40% |
| 2020-06-30 | AU$472.39 Million | +62.08% |
| 2019-06-30 | AU$291.45 Million | +6.90% |
| 2018-06-30 | AU$272.64 Million | +36.96% |
| 2017-06-30 | AU$199.07 Million | +32.90% |
| 2016-06-30 | AU$149.79 Million | +16.69% |
| 2015-06-30 | AU$128.36 Million | -65.49% |
| 2014-06-30 | AU$372.00 Million | +5.42% |
| 2013-06-30 | AU$352.87 Million | +7.20% |
| 2012-06-30 | AU$329.18 Million | +23.42% |
| 2011-06-30 | AU$266.71 Million | +57.75% |
| 2010-06-30 | AU$169.07 Million | +18.85% |
| 2009-06-30 | AU$142.25 Million | +21.36% |
| 2008-06-30 | AU$117.22 Million | +157.54% |
| 2007-06-30 | AU$45.51 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NRW Holdings Ltd'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 1406.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$203.34 Million | 33.33% |
| Common Stock | AU$383.42 Million | 62.85% |
| Other Comprehensive Income | AU$23.26 Million | 3.81% |
| Total Equity | AU$610.01 Million | 100.00% |
NRW Holdings Ltd Competitors by Market Cap
The table below lists competitors of NRW Holdings Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sejahteraraya Anugrahjaya Tbk
JK:SRAJ
|
$1.49 Billion |
|
Novavax Inc
NASDAQ:NVAX
|
$1.49 Billion |
|
Agios Pharmaceuticals, Inc.
LSE:0HB0
|
$1.49 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
$1.49 Billion |
|
NAPCO Security Technologies Inc
NASDAQ:NSSC
|
$1.49 Billion |
|
Ningxia Jiaze Renewables Corp
SHG:601619
|
$1.49 Billion |
|
Worthington Industries Inc
NYSE:WOR
|
$1.49 Billion |
|
ShenZhen YUTO Packaging Technology Co Ltd
SHE:002831
|
$1.49 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NRW Holdings Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 652,556,000 to 610,014,000, a change of -42,542,000 (-6.5%).
- Net income of 27,674,000 contributed positively to equity growth.
- Dividend payments of 72,976,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,760,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$27.67 Million | +4.54% |
| Dividends Paid | AU$72.98 Million | -11.96% |
| Other Comprehensive Income | AU$2.76 Million | +0.45% |
| Total Change | AU$- | -6.52% |
Book Value vs Market Value Analysis
This analysis compares NRW Holdings Ltd'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: 4.19x
- 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 decreased from 30.58x to 4.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | AU$0.18 | AU$5.54 | x |
| 2008-06-30 | AU$0.48 | AU$5.54 | x |
| 2009-06-30 | AU$0.57 | AU$5.54 | x |
| 2010-06-30 | AU$0.67 | AU$5.54 | x |
| 2011-06-30 | AU$1.04 | AU$5.54 | x |
| 2012-06-30 | AU$1.18 | AU$5.54 | x |
| 2013-06-30 | AU$1.26 | AU$5.54 | x |
| 2014-06-30 | AU$1.33 | AU$5.54 | x |
| 2015-06-30 | AU$0.46 | AU$5.54 | x |
| 2016-06-30 | AU$0.54 | AU$5.54 | x |
| 2017-06-30 | AU$0.63 | AU$5.54 | x |
| 2018-06-30 | AU$0.74 | AU$5.54 | x |
| 2019-06-30 | AU$0.76 | AU$5.54 | x |
| 2020-06-30 | AU$1.15 | AU$5.54 | x |
| 2021-06-30 | AU$1.24 | AU$5.54 | x |
| 2022-06-30 | AU$1.30 | AU$5.54 | x |
| 2023-06-30 | AU$1.33 | AU$5.54 | x |
| 2024-06-30 | AU$1.41 | AU$5.54 | x |
| 2025-06-30 | AU$1.32 | AU$5.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NRW Holdings Ltd 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): 4.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.85%
- • Asset Turnover: 1.92x
- • Equity Multiplier: 2.79x
- Recent ROE (4.54%) is below the historical average (7.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 29.67% | 5.25% | 1.24x | 4.56x | AU$8.95 Million |
| 2008 | 27.95% | 6.85% | 1.53x | 2.66x | AU$21.04 Million |
| 2009 | 26.07% | 7.15% | 1.66x | 2.19x | AU$22.87 Million |
| 2010 | 20.78% | 5.71% | 1.60x | 2.27x | AU$18.23 Million |
| 2011 | 15.45% | 5.47% | 1.38x | 2.04x | AU$14.53 Million |
| 2012 | 29.51% | 7.15% | 1.60x | 2.57x | AU$64.22 Million |
| 2013 | 21.00% | 5.39% | 1.69x | 2.31x | AU$38.82 Million |
| 2014 | 11.89% | 3.90% | 1.44x | 2.11x | AU$7.04 Million |
| 2015 | -179.04% | -29.62% | 2.10x | 2.88x | AU$-242.66 Million |
| 2016 | 14.32% | 7.45% | 0.96x | 2.01x | AU$6.47 Million |
| 2017 | 14.33% | 8.28% | 1.04x | 1.67x | AU$8.62 Million |
| 2018 | 15.47% | 6.15% | 1.32x | 1.91x | AU$14.90 Million |
| 2019 | 11.07% | 2.99% | 1.83x | 2.02x | AU$3.13 Million |
| 2020 | 15.61% | 3.68% | 1.47x | 2.88x | AU$26.51 Million |
| 2021 | 9.96% | 2.44% | 1.57x | 2.59x | AU$-217.30K |
| 2022 | 16.48% | 4.11% | 1.58x | 2.53x | AU$38.30 Million |
| 2023 | 14.04% | 3.21% | 1.66x | 2.63x | AU$24.62 Million |
| 2024 | 16.11% | 3.61% | 1.81x | 2.47x | AU$39.84 Million |
| 2025 | 4.54% | 0.85% | 1.92x | 2.79x | AU$-33.33 Million |
Industry Comparison
This section compares NRW Holdings Ltd's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $976,559,820
- Average return on equity (ROE) among peers: 6.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NRW Holdings Ltd (NWH) | AU$641.48 Million | 29.67% | 2.19x | $1.49 Billion |
| Alfabs Australia Ltd (AAL) | $64.87 Million | 18.76% | 1.03x | $19.42 Million |
| GREEN360 Technologies Ltd (GT3) | $5.73 Million | 0.00% | 0.01x | $16.96 Million |
| Infratil Ltd (IFT) | $4.09 Billion | -1.20% | 1.34x | $5.15 Billion |
| SGH Ltd (SGH) | $945.52 Million | 0.52% | 1.13x | $5.37 Billion |
| SEVEN GROUP HOLDINGS LTD (SVW) | $718.40 Million | 14.99% | 1.55x | $272.77K |
| XRF Scientific Ltd (XRF) | $35.64 Million | 8.76% | 0.27x | $108.79 Million |