Nirvana Daii Public Company Limited

BK:NVD Thailand Real Estate Services
Market Cap
$41.66 Million
฿1.44 Billion THB
Market Cap Rank
#26531 Global
#419 in Thailand
Share Price
฿0.78
Change (1 day)
+2.63%
52-Week Range
฿0.74 - ฿1.23
All Time High
฿4.58
Categories
Companies in Thailand Real Estate Services
About

Nirvana Development Public Company Limited, together with its subsidiaries, develops and sells real estate properties in Thailand. It operates through Real Estates, Construction, and Other segments. The company provides construction services; and distributes precast concrete products. The company was formerly known as Nirvana Daii Public Company Limited and changed its name to Nirvana Development… Read more

Nirvana Daii Public Company Limited (NVD) - Net Assets

Latest net assets as of December 2025: ฿5.64 Billion THB

Based on the latest financial reports, Nirvana Daii Public Company Limited (NVD) has net assets worth ฿5.64 Billion THB as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿15.04 Billion) and total liabilities (฿9.41 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 ฿5.64 Billion
% of Total Assets 37.46%
Annual Growth Rate 37.43%
5-Year Change 8.74%
10-Year Change 2290.18%
Growth Volatility 521.62

Nirvana Daii Public Company Limited - Net Assets Trend (2013–2025)

This chart illustrates how Nirvana Daii Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Nirvana Daii Public Company Limited (2013–2025)

The table below shows the annual net assets of Nirvana Daii Public Company Limited from 2013 to 2025.

Year Net Assets Change
2025-12-31 ฿5.64 Billion +10.76%
2024-12-31 ฿5.09 Billion +0.91%
2023-12-31 ฿5.04 Billion -6.56%
2022-12-31 ฿5.40 Billion +4.11%
2021-12-31 ฿5.18 Billion +9.45%
2020-12-31 ฿4.74 Billion -1.03%
2019-12-31 ฿4.78 Billion -0.19%
2018-12-31 ฿4.79 Billion +1.90%
2017-12-31 ฿4.70 Billion +1895.22%
2016-12-31 ฿235.77 Million -9.07%
2015-12-31 ฿259.28 Million +83.53%
2014-12-31 ฿141.27 Million +13.80%
2013-12-31 ฿124.14 Million --

Equity Component Analysis

This analysis shows how different components contribute to Nirvana Daii Public Company Limited'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 132912.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings ฿888.52 Million 15.77%
Other Components ฿4.75 Billion 84.23%
Total Equity ฿5.64 Billion 100.00%

Nirvana Daii Public Company Limited Competitors by Market Cap

The table below lists competitors of Nirvana Daii Public Company Limited ranked by their market capitalization.

Company Market Cap
ASEC International Corporation
TWO:6113
 		$15.88 Million
Telkom
JSE:TKG
 		$15.88 Million
Elevation Oncology Inc
NASDAQ:ELEV
 		$15.88 Million
Trinity Biotech plc
NASDAQ:TRIB
 		$15.89 Million
Lithium Universe Limited
PINK:LUVSF
 		$15.88 Million
Libero Copper & Gold Corporation
OTCQB:LBCMF
 		$15.86 Million
KRY
F:KRY
 		$15.85 Million
Far East Gold Ltd
AU:FEG
 		$15.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Nirvana Daii Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,087,716,913 to 5,635,206,491, a change of 547,489,578 (10.8%).
  • Net income of 155,874,000 contributed positively to equity growth.
  • New share issuances of 388,343,804 increased equity.
  • Other comprehensive income decreased equity by 68,486,469.
  • Other factors increased equity by 71,758,243.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ฿155.87 Million +2.77%
Share Issuances ฿388.34 Million +6.89%
Other Comprehensive Income ฿-68.49 Million -1.22%
Other Changes ฿71.76 Million +1.27%
Total Change ฿- 10.76%

Book Value vs Market Value Analysis

This analysis compares Nirvana Daii Public Company Limited'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: 0.26x
  • 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 decreased from 0.78x to 0.26x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2014-12-31 ฿1.00 ฿0.78 x
2015-12-31 ฿2.03 ฿0.78 x
2016-12-31 ฿0.20 ฿0.78 x
2017-12-31 ฿3.23 ฿0.78 x
2018-12-31 ฿3.00 ฿0.78 x
2019-12-31 ฿2.95 ฿0.78 x
2020-12-31 ฿2.87 ฿0.78 x
2021-12-31 ฿3.14 ฿0.78 x
2022-12-31 ฿3.26 ฿0.78 x
2023-12-31 ฿3.25 ฿0.78 x
2024-12-31 ฿3.28 ฿0.78 x
2025-12-31 ฿3.04 ฿0.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nirvana Daii Public Company Limited 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): 2.77%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.75%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 2.67x
  • Recent ROE (2.77%) is below the historical average (3.75%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 12.42% 4.90% 1.43x 1.77x ฿3.41 Million
2015 5.01% 3.29% 1.14x 1.34x ฿-12.93 Million
2016 -6.61% -4.65% 1.03x 1.38x ฿-39.17 Million
2017 4.83% 8.74% 0.26x 2.11x ฿-238.84 Million
2018 5.93% 9.37% 0.24x 2.67x ฿-189.66 Million
2019 2.17% 3.67% 0.21x 2.81x ฿-359.06 Million
2020 0.48% 0.87% 0.20x 2.83x ฿-424.79 Million
2021 8.37% 13.51% 0.24x 2.58x ฿-79.57 Million
2022 3.97% 7.82% 0.19x 2.67x ฿-305.52 Million
2023 3.99% 9.95% 0.14x 2.92x ฿-303.09 Million
2024 1.70% 6.03% 0.10x 2.95x ฿-422.50 Million
2025 2.77% 9.75% 0.11x 2.67x ฿-407.65 Million

Industry Comparison

This section compares Nirvana Daii Public Company Limited's net assets metrics with peer companies in the Real Estate Services industry.

Industry Context

  • Industry: Real Estate Services
  • Average net assets among peers: $4,621,315,957
  • Average return on equity (ROE) among peers: 4.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Nirvana Daii Public Company Limited (NVD) ฿5.64 Billion 12.42% 1.67x $15.88 Million
Amata VN PCL (AMATAV) $6.03 Billion 17.34% 1.06x $10.95 Million
B-52 Capital Public Company Limited (B52) $594.95 Million -18.27% 0.85x $2.52 Million
Grand Canal Land Public Company Limited (GLAND) $15.49 Billion 3.71% 0.89x $3.56 Million
JAS Asset PCL (J) $1.34 Billion 4.22% 1.42x $6.43 Million
Krungdhep Sophon Public Company Limited (KWC) $264.74 Million 1.86% 0.17x $29.35 Million
The Platinum Group Public Company Limited (PLAT) $2.64 Billion 16.63% 0.56x $39.02 Million
Primo Service Solutions PCL (PRI) $0.00 0.00% 0.00x $9.01 Million
Sammakorn Public Company Limited (SAMCO) $1.41 Billion 5.20% 0.27x $5.68 Million
Saha Pathana Inter-Holding PCL (SPI) $13.83 Billion 7.39% 0.08x $302.59 Million