NV Bekaert SA (BEKB) - Net Assets
Based on the latest financial reports, NV Bekaert SA (BEKB) has net assets worth €2.14 Billion EUR (≈ $2.50 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.89 Billion ≈ $4.55 Billion USD) and total liabilities (€1.76 Billion ≈ $2.06 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 BEKB asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €2.14 Billion |
| % of Total Assets | 54.82% |
| Annual Growth Rate | 4.93% |
| 5-Year Change | 50.6% |
| 10-Year Change | 52.93% |
| Growth Volatility | 10.6 |
NV Bekaert SA - Net Assets Trend (2002–2024)
This chart illustrates how NV Bekaert SA's net assets have evolved over time, based on quarterly financial data. Also explore NV Bekaert SA assets under control for the complete picture of this company's asset base.
Annual Net Assets for NV Bekaert SA (2002–2024)
The table below shows the annual net assets of NV Bekaert SA from 2002 to 2024. For live valuation and market cap data, see BEKB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.31 Billion ≈ $2.70 Billion |
+6.73% |
| 2023-12-31 | €2.17 Billion ≈ $2.53 Billion |
-2.85% |
| 2022-12-31 | €2.23 Billion ≈ $2.61 Billion |
+6.29% |
| 2021-12-31 | €2.10 Billion ≈ $2.45 Billion |
+36.65% |
| 2020-12-31 | €1.54 Billion ≈ $1.79 Billion |
+0.23% |
| 2019-12-31 | €1.53 Billion ≈ $1.79 Billion |
+1.02% |
| 2018-12-31 | €1.52 Billion ≈ $1.77 Billion |
-4.23% |
| 2017-12-31 | €1.58 Billion ≈ $1.85 Billion |
-0.93% |
| 2016-12-31 | €1.60 Billion ≈ $1.87 Billion |
+5.71% |
| 2015-12-31 | €1.51 Billion ≈ $1.77 Billion |
-3.48% |
| 2014-12-31 | €1.57 Billion ≈ $1.83 Billion |
+4.15% |
| 2013-12-31 | €1.50 Billion ≈ $1.76 Billion |
-6.23% |
| 2012-12-31 | €1.60 Billion ≈ $1.87 Billion |
-9.21% |
| 2011-12-31 | €1.77 Billion ≈ $2.07 Billion |
+4.11% |
| 2010-12-31 | €1.70 Billion ≈ $1.98 Billion |
+23.52% |
| 2009-12-31 | €1.37 Billion ≈ $1.61 Billion |
+17.17% |
| 2008-12-31 | €1.17 Billion ≈ $1.37 Billion |
+2.25% |
| 2007-12-31 | €1.15 Billion ≈ $1.34 Billion |
+2.25% |
| 2006-12-31 | €1.12 Billion ≈ $1.31 Billion |
-0.79% |
| 2005-12-31 | €1.13 Billion ≈ $1.32 Billion |
+17.92% |
| 2004-12-31 | €958.54 Million ≈ $1.12 Billion |
+16.57% |
| 2003-12-31 | €822.29 Million ≈ $961.35 Million |
+2.44% |
| 2002-12-31 | €802.75 Million ≈ $938.49 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NV Bekaert SA'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 224923200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.25 Billion | 99.61% |
| Common Stock | €159.78 Million | 7.08% |
| Other Comprehensive Income | €-108.95 Million | -4.82% |
| Total Equity | €2.26 Billion | 100.00% |
NV Bekaert SA Competitors by Market Cap
The table below lists competitors of NV Bekaert SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CARL ZEISS MEDITEC ADR 1
F:AFXA
|
$2.14 Billion |
|
Aker Solutions ASA
OL:AKSO
|
$2.14 Billion |
|
Sinbon Electronics Co Ltd
TW:3023
|
$2.14 Billion |
|
Changchun UP Optotech Co Ltd
SHE:002338
|
$2.14 Billion |
|
Shenzhen Agricultural Products Co Ltd
SHE:000061
|
$2.14 Billion |
|
Lucid Group Inc
NASDAQ:LCID
|
$2.14 Billion |
|
Northwest Natural Gas Co
NYSE:NWN
|
$2.14 Billion |
|
Lizhong Sitong Light Alloys Group Co Ltd
SHE:300428
|
$2.14 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NV Bekaert SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,112,865,000 to 2,258,079,000, a change of 145,214,000 (6.9%).
- Net income of 238,904,000 contributed positively to equity growth.
- Dividend payments of 94,178,000 reduced retained earnings.
- Share repurchases of 30,065,000 reduced equity.
- Other comprehensive income increased equity by 33,888,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €238.90 Million | +10.58% |
| Dividends Paid | €94.18 Million | -4.17% |
| Share Repurchases | €30.07 Million | -1.33% |
| Other Comprehensive Income | €33.89 Million | +1.5% |
| Other Changes | €-3.33 Million | -0.15% |
| Total Change | €- | 6.87% |
Book Value vs Market Value Analysis
This analysis compares NV Bekaert SA'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: 0.98x
- 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 3.90x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | €10.76 | €41.95 | x |
| 2003-12-31 | €11.09 | €41.95 | x |
| 2004-12-31 | €13.81 | €41.95 | x |
| 2005-12-31 | €15.79 | €41.95 | x |
| 2006-12-31 | €15.80 | €41.95 | x |
| 2007-12-31 | €18.15 | €41.95 | x |
| 2008-12-31 | €19.04 | €41.95 | x |
| 2009-12-31 | €21.65 | €41.95 | x |
| 2010-12-31 | €27.04 | €41.95 | x |
| 2011-12-31 | €28.55 | €41.95 | x |
| 2012-12-31 | €24.23 | €41.95 | x |
| 2013-12-31 | €22.94 | €41.95 | x |
| 2014-12-31 | €23.21 | €41.95 | x |
| 2015-12-31 | €24.66 | €41.95 | x |
| 2016-12-31 | €25.79 | €41.95 | x |
| 2017-12-31 | €22.99 | €41.95 | x |
| 2018-12-31 | €21.79 | €41.95 | x |
| 2019-12-31 | €25.36 | €41.95 | x |
| 2020-12-31 | €22.58 | €41.95 | x |
| 2021-12-31 | €34.13 | €41.95 | x |
| 2022-12-31 | €36.93 | €41.95 | x |
| 2023-12-31 | €39.21 | €41.95 | x |
| 2024-12-31 | €42.99 | €41.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NV Bekaert SA 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): 10.58%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.04%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.84x
- Recent ROE (10.58%) is above the historical average (10.03%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | -6.48% | -2.48% | 0.97x | 2.69x | €-117.67 Million |
| 2003 | 11.58% | 4.74% | 0.93x | 2.62x | €11.65 Million |
| 2004 | 18.42% | 9.62% | 0.80x | 2.41x | €76.63 Million |
| 2005 | 18.47% | 9.92% | 0.86x | 2.17x | €87.06 Million |
| 2006 | 14.37% | 7.32% | 0.91x | 2.17x | €44.75 Million |
| 2007 | 14.72% | 7.44% | 0.94x | 2.11x | €51.81 Million |
| 2008 | 16.96% | 7.20% | 1.00x | 2.36x | €78.74 Million |
| 2009 | 13.27% | 6.99% | 0.86x | 2.20x | €41.95 Million |
| 2010 | 24.74% | 12.21% | 0.89x | 2.28x | €237.44 Million |
| 2011 | 12.23% | 6.20% | 0.80x | 2.46x | €37.82 Million |
| 2012 | -13.71% | -5.63% | 0.94x | 2.58x | €-337.15 Million |
| 2013 | 1.83% | 0.77% | 0.94x | 2.51x | €-110.05 Million |
| 2014 | 6.38% | 2.71% | 0.81x | 2.90x | €-49.50 Million |
| 2015 | 7.38% | 2.78% | 0.95x | 2.81x | €-36.25 Million |
| 2016 | 7.17% | 2.83% | 0.86x | 2.93x | €-41.54 Million |
| 2017 | 12.42% | 4.51% | 0.92x | 2.99x | €35.95 Million |
| 2018 | 2.85% | 0.92% | 0.97x | 3.19x | €-99.93 Million |
| 2019 | 2.88% | 0.96% | 0.99x | 3.04x | €-102.18 Million |
| 2020 | 9.30% | 3.57% | 0.87x | 3.00x | €-10.10 Million |
| 2021 | 20.55% | 8.35% | 1.00x | 2.46x | €207.39 Million |
| 2022 | 12.85% | 5.37% | 1.03x | 2.32x | €59.59 Million |
| 2023 | 12.05% | 5.88% | 1.06x | 1.93x | €43.33 Million |
| 2024 | 10.58% | 6.04% | 0.95x | 1.84x | €13.10 Million |
Industry Comparison
This section compares NV Bekaert SA's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,567,457,212
- Average return on equity (ROE) among peers: -3.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NV Bekaert SA (BEKB) | €2.14 Billion | -6.48% | 0.82x | $2.14 Billion |
| Viohalco S.A (VIO) | $1.57 Billion | -3.64% | 1.32x | $3.43 Billion |
About NV Bekaert SA
NV Bekaert SA provides steel wire transformation and coating technologies worldwide. The company operates through four segments: Rubber Reinforcement, Steel Wire Solutions, Specialty Businesses, and Bridon-Bekaert Ropes Group. The Rubber Reinforcement Business segment develops, manufactures, and supplies steel cord and bead wire reinforcement solutions for the tire sector. The Steel Wire Solution… Read more