National Tyre & Wheel Limited Net Assets
National Tyre & Wheel Limited net assets. Based on the latest financial reports, National Tyre & Wheel Limited (N37) has net assets worth €67.90 Million EUR (≈ $79.38 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€293.05 Million ≈ $342.60 Million USD) and total liabilities (€225.15 Million ≈ $263.23 Million 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. Also explore National Tyre & Wheel Limited equity growth rate to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €67.90 Million |
| % of Total Assets | 23.17% |
| Annual Growth Rate | 1.78% |
| 5-Year Change | -39.63% |
| 10-Year Change | N/A |
| Growth Volatility | 18.1 |
Net Assets of National Tyre & Wheel Limited (2017–2026)
Net assets of National Tyre & Wheel Limited from 2017 to 2026. This chart illustrates how National Tyre & Wheel Limited's net assets have evolved over time, based on quarterly financial data. See N37 equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for National Tyre & Wheel Limited (2017–2026)
The table below shows the annual net assets of National Tyre & Wheel Limited from 2017 to 2026. For live market cap and overall valuation, see National Tyre & Wheel Limited (N37) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | €67.90 Million ≈ $79.38 Million |
-21.38% |
| 2025-06-30 | €86.36 Million ≈ $100.97 Million |
-26.37% |
| 2024-06-30 | €117.30 Million ≈ $137.13 Million |
+1.70% |
| 2023-06-30 | €115.34 Million ≈ $134.84 Million |
+2.56% |
| 2022-06-30 | €112.47 Million ≈ $131.48 Million |
+22.49% |
| 2021-06-30 | €91.81 Million ≈ $107.34 Million |
+33.36% |
| 2020-06-30 | €68.84 Million ≈ $80.49 Million |
-2.68% |
| 2019-06-30 | €70.74 Million ≈ $82.71 Million |
+6.12% |
| 2018-06-30 | €66.66 Million ≈ $77.94 Million |
+15.11% |
| 2017-06-30 | €57.91 Million ≈ $67.71 Million |
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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 623.1% over the analyzed period, potentially due to dividend distributions or operating losses.
National Tyre & Wheel Limited Net Assets Breakdown (June 2026)
National Tyre & Wheel Limited net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €150.20 Million | 226.31% |
| Total Equity | €66.37 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 |
|---|---|
|
Essen Tech Co. Ltd
KQ:043340
|
$19.02 Million |
|
Eden Inc Bhd
KLSE:7471
|
$19.03 Million |
|
Mene Inc
V:MENE
|
$19.04 Million |
|
Jooyontech
KO:044380
|
$19.05 Million |
|
Rostra AG
F:3330
|
$19.02 Million |
|
Wolftank Group AG
VI:WOLF
|
$19.01 Million |
|
Softcen Co. Ltd
KQ:032680
|
$19.01 Million |
|
Saedong Co.Ltd
KQ:053060
|
$19.01 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 2025 to 2026, total equity changed from 83,814,000 to 66,368,000, a change of -17,446,000 (-20.8%).
- Net loss of 12,592,000 reduced equity.
- Other factors decreased equity by 4,854,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-12.59 Million | -18.97% |
| Other Changes | €-4.85 Million | -7.31% |
| Total Change | €- | -20.82% |
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: 0.25x
- 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 |
| 2026-06-30 | €0.40 | €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): -18.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.83%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 4.42x
- Recent ROE (-18.97%) is below the historical average (-0.44%), 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 |
| 2026 | -18.97% | -2.83% | 1.52x | 4.42x | €-19.23 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: $308,365,282,631
- Average return on equity (ROE) among peers: 0.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Tyre & Wheel Limited (N37) | €67.90 Million | 7.52% | 3.32x | $19.02 Million |
| ADIENT PLC DL-001 (18I) | $2.16 Billion | -13.02% | 3.15x | $1.32 Billion |
| AETHER CATALYST SOLUT. (2QZ) | $-227.87K | 0.00% | 0.00x | $37.72K |
| Fuyao Glass Industry Group Co. Ltd (4FG) | $35.69 Billion | 21.01% | 0.77x | $4.11 Billion |
| AUMOVIO N (AMV0) | $4.35 Billion | -23.28% | 4.67x | $3.91 Billion |
| Bertrandt Aktiengesellschaft (BDT) | $398.88 Million | 11.88% | 0.98x | $94.52 Million |
| Bridgestone Corporation (BGTA) | $3.01 Trillion | 9.97% | 0.65x | $21.84 Billion |
| AURRIGO INT.PLCLS-002 (CI0) | $9.77 Million | -25.42% | 0.64x | $109.93 Million |
| Continental Aktiengesellschaft (CON) | $15.88 Billion | -7.72% | 1.68x | $14.00 Billion |
| CONTINENTAL AG ADR 1/10 (CONA) | $12.67 Billion | 11.33% | 1.81x | $14.61 Billion |
| Delticom AG (DEX) | $47.63 Million | 16.85% | 3.02x | $37.45 Million |
About 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. It offers truck and bus tires; 4WD, SUV, and light truck tires; agricultural, off-the-road, and construction vehicles tires; 4WD wheels; wheel and tire management solutions for industrial vehicles and forklifts; origin… Read more