Nu Holdings Ltd. (M1Z) - Net Assets
Based on the latest financial reports, Nu Holdings Ltd. (M1Z) has net assets worth €11.32 Billion EUR (≈ $13.24 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€74.89 Billion ≈ $87.56 Billion USD) and total liabilities (€63.57 Billion ≈ $74.32 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 net worth ratio of Nu Holdings Ltd. to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €11.32 Billion |
| % of Total Assets | 15.12% |
| Annual Growth Rate | 26.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 14.17 |
Nu Holdings Ltd. - Net Assets Trend (2021–2025)
This chart illustrates how Nu Holdings Ltd.'s net assets have evolved over time, based on quarterly financial data. Explore M1Z cash flow conversion to assess how effectively this company generates cash.
Annual Net Assets for Nu Holdings Ltd. (2021–2025)
The table below shows the annual net assets of Nu Holdings Ltd. from 2021 to 2025. For live valuation and market cap data, see M1Z market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €11.32 Billion ≈ $13.24 Billion |
+48.05% |
| 2024-12-31 | €7.65 Billion ≈ $8.94 Billion |
+19.37% |
| 2023-12-31 | €6.41 Billion ≈ $7.49 Billion |
+30.99% |
| 2022-12-31 | €4.89 Billion ≈ $5.72 Billion |
+10.09% |
| 2021-12-31 | €4.44 Billion ≈ $5.19 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Nu 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 654110900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.41 Billion | 56.80% |
| Other Components | €4.88 Billion | 43.20% |
| Total Equity | €11.29 Billion | 100.00% |
Nu Holdings Ltd. Competitors by Market Cap
The table below lists competitors of Nu Holdings Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
COMPASS GROUP
F:XGR
|
$46.25 Billion |
|
KBC Groep NV
BR:KBC
|
$46.27 Billion |
|
SIEMENS HEALTH ADR/050
F:SHL1
|
$46.68 Billion |
|
Goodman Group
AU:GMG
|
$46.75 Billion |
|
Hess Corporation
NYSE:HES
|
$46.07 Billion |
|
ING Groep N.V
MX:INGN
|
$46.00 Billion |
|
Old Dominion Freight Line Inc
NASDAQ:ODFL
|
$45.97 Billion |
|
argenx NV ADR
NASDAQ:ARGX
|
$45.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nu Holdings Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,646,289,000 to 11,290,948,000, a change of 3,644,659,000 (47.7%).
- Net income of 2,868,892,000 contributed positively to equity growth.
- Other factors increased equity by 775,767,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.87 Billion | +25.41% |
| Other Changes | €775.77 Million | +6.87% |
| Total Change | €- | 47.67% |
Book Value vs Market Value Analysis
This analysis compares Nu 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: 4.45x
- 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 10.74x to 4.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.96 | €10.35 | x |
| 2022-12-31 | €1.04 | €10.35 | x |
| 2023-12-31 | €1.34 | €10.35 | x |
| 2024-12-31 | €1.59 | €10.35 | x |
| 2025-12-31 | €2.33 | €10.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nu 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): 25.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.00%
- • Asset Turnover: 0.14x
- • Equity Multiplier: 6.63x
- Recent ROE (25.41%) is above the historical average (11.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -3.72% | -14.41% | 0.06x | 4.47x | €-609.10 Million |
| 2022 | -7.45% | -12.27% | 0.10x | 6.12x | €-853.66 Million |
| 2023 | 16.09% | 18.30% | 0.13x | 6.77x | €389.89 Million |
| 2024 | 25.79% | 23.85% | 0.17x | 6.53x | €1.21 Billion |
| 2025 | 25.41% | 27.00% | 0.14x | 6.63x | €1.74 Billion |
Industry Comparison
This section compares Nu Holdings Ltd.'s net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,067,079,478,900
- Average return on equity (ROE) among peers: 8.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nu Holdings Ltd. (M1Z) | €11.32 Billion | -3.72% | 5.62x | $46.24 Billion |
| Grupo Supervielle S.A (189A) | $92.35 Billion | -5.45% | 6.55x | $590.94 Million |
| WOORI FIN. GRP SP.ADR/3 (2WGA) | $28.81 Trillion | 8.83% | 14.52x | $11.06 Billion |
| Bank of Zhengzhou Co. Ltd (3BZ) | $33.44 Billion | 12.80% | 12.03x | $226.76 Million |
| Manx Financial Group PLC (3IM) | $37.31 Million | 21.71% | 12.34x | $33.35 Million |
| Postal Savings Bank of China Co Ltd (3YB) | $1.16 Trillion | 7.52% | 15.07x | $12.50 Billion |
| PO.S.B.O. UNSP.ADRS/20YC1 (3YB0) | $795.55 Billion | 9.57% | 14.82x | $13.93 Billion |
| TISCO Financial Group Public Company Limited (47TA) | $39.20 Billion | 18.55% | 6.61x | $2.34 Billion |
| Bank of Qingdao Co. Ltd (4BQ) | $26.12 Billion | 7.27% | 10.72x | $1.28 Billion |
| Harbin Bank Co. Ltd (5H6) | $64.78 Billion | 1.77% | 14.73x | $116.65 Million |
| JAPAN POST BK UNSP.ADR/1 (5JP0) | $9.65 Trillion | 3.37% | 22.79x | $53.42 Billion |
About Nu Holdings Ltd.
Nu Holdings Ltd. provides digital banking platform in Brazil, Mexico, Colombia, the Cayman Islands, and the United States. It offers spending solutions comprising Nu credit and prepaid card, a digitally enabled card that acts as a credit and a prepaid card; Nubank+ Tier, an evolution of the Nu experience; Ultraviolet credit and prepaid card, a premium metal credit card; mobile payment solutions f… Read more