National Tyre & Wheel Limited
NTAW Holdings Limited, together with its subsidiaries, markets and distributes motor vehicle tires, wheels, tubes, and related products in Australia, New Zealand, and South Africa. Its products include truck and bus tires; 4WD, SUV, and light truck tires; agricultural, off-the-road, and construction vehicles tires; 4WD wheels; industrial tires; original equipment tires and wheels; and budget tire… Read more
National Tyre & Wheel Limited (N37) - Net Assets
Latest net assets as of June 2025: €86.36 Million EUR
Based on the latest financial reports, National Tyre & Wheel Limited (N37) has net assets worth €86.36 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€354.10 Million) and total liabilities (€267.74 Million). 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 | €86.36 Million |
| % of Total Assets | 24.39% |
| Annual Growth Rate | 5.12% |
| 5-Year Change | -5.94% |
| 10-Year Change | N/A |
| Growth Volatility | 16.79 |
National Tyre & Wheel Limited - Net Assets Trend (2017–2025)
This chart illustrates how National Tyre & Wheel 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 National Tyre & Wheel Limited (2017–2025)
The table below shows the annual net assets of National Tyre & Wheel Limited from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €86.36 Million | -26.37% |
| 2024-06-30 | €117.30 Million | +1.70% |
| 2023-06-30 | €115.34 Million | +2.56% |
| 2022-06-30 | €112.47 Million | +22.49% |
| 2021-06-30 | €91.81 Million | +33.36% |
| 2020-06-30 | €68.84 Million | -2.68% |
| 2019-06-30 | €70.74 Million | +6.12% |
| 2018-06-30 | €66.66 Million | +15.11% |
| 2017-06-30 | €57.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Tyre & Wheel 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 decreased by 487.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €145.91 Million | 174.09% |
| Total Equity | €83.81 Million | 100.00% |
National Tyre & Wheel Limited Competitors by Market Cap
The table below lists competitors of National Tyre & Wheel Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peraso Inc
NASDAQ:PRSO
|
$6.68 Million |
|
Sampann Utpadan India Limited
NSE:SAMPANN
|
$6.68 Million |
|
Episurf Medical AB Series B
LSE:0QUT
|
$6.69 Million |
|
NR Instant Produce Public Company Limited
BK:NRF
|
$6.69 Million |
|
MOSTOSTAL Płock SA
WAR:MSP
|
$6.68 Million |
|
Adhi Commuter Properti Tbk PT
JK:ADCP
|
$6.68 Million |
|
Spineway
PA:ALSPW
|
$6.68 Million |
|
Europacorp
PA:ALECP
|
$6.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Tyre & Wheel Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 114,543,000 to 83,814,000, a change of -30,729,000 (-26.8%).
- Net loss of 43,759,000 reduced equity.
- Share repurchases of 445,000 reduced equity.
- New share issuances of 12,413,000 increased equity.
- Other factors increased equity by 1,062,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-43.76 Million | -52.21% |
| Share Repurchases | €445.00K | -0.53% |
| Share Issuances | €12.41 Million | +14.81% |
| Other Changes | €1.06 Million | +1.27% |
| Total Change | €- | -26.83% |
Book Value vs Market Value Analysis
This analysis compares National Tyre & Wheel 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: 0.19x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.53 | €0.10 | x |
| 2018-06-30 | €0.62 | €0.10 | x |
| 2019-06-30 | €0.65 | €0.10 | x |
| 2020-06-30 | €0.64 | €0.10 | x |
| 2021-06-30 | €0.77 | €0.10 | x |
| 2022-06-30 | €0.83 | €0.10 | x |
| 2023-06-30 | €0.84 | €0.10 | x |
| 2024-06-30 | €0.85 | €0.10 | x |
| 2025-06-30 | €0.50 | €0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Tyre & Wheel 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): -52.21%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.13%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 4.22x
- Recent ROE (-52.21%) is below the historical average (1.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 7.52% | 0.00% | 0.00x | 1.90x | €-1.33 Million |
| 2018 | 7.04% | 3.06% | 1.20x | 1.91x | €-1.88 Million |
| 2019 | 9.49% | 3.80% | 1.42x | 1.75x | €-346.70K |
| 2020 | 6.92% | 2.86% | 1.27x | 1.90x | €-2.03 Million |
| 2021 | 22.89% | 4.39% | 1.72x | 3.03x | €11.41 Million |
| 2022 | 8.63% | 1.68% | 1.38x | 3.72x | €-1.50 Million |
| 2023 | 2.97% | 0.57% | 1.55x | 3.35x | €-7.90 Million |
| 2024 | 1.36% | 0.29% | 1.29x | 3.61x | €-9.89 Million |
| 2025 | -52.21% | -8.13% | 1.52x | 4.22x | €-52.14 Million |
Industry Comparison
This section compares National Tyre & Wheel Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $48,419,438,900
- Average return on equity (ROE) among peers: 2.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Tyre & Wheel Limited (N37) | €86.36 Million | 7.52% | 3.10x | $6.68 Million |
| Sumitomo Rubber Industries Ltd (108) | $472.81 Billion | 7.86% | 1.12x | $2.11 Billion |
| Indel B S.p.A (2I6) | $90.74 Million | 17.35% | 0.79x | $24.57 Million |
| Pirelli & C SPA (2PI) | $4.55 Billion | 0.65% | 2.02x | $2.13 Billion |
| 9FS1 (9FS1) | $-26.41 Million | 0.00% | 0.00x | $10.52 Million |
| Acma Ltd (AAX1) | $28.89 Million | -12.23% | 1.60x | $1.11 Million |
| AUMOVIO N (AMV0) | $4.35 Billion | -23.28% | 4.67x | $374.77K |
| Bertrandt Aktiengesellschaft (BDT) | $431.85 Million | 4.89% | 1.21x | $64.43 Million |
| CIR S.p.A. - Compagnie Industriali Riunite (BN7) | $1.03 Billion | 3.17% | 2.12x | $318.19 Million |
| Cooper-Standard Holdings Inc (C31) | $875.98 Million | 7.71% | 2.01x | $426.10 Million |
| Delticom AG (DEX) | $47.63 Million | 16.85% | 3.02x | $17.82 Million |