NÜRNBERGER Beteiligungs-AG
NÜRNBERGER Beteiligungs-AG operates as an insurance company in Germany. The company offers career and pension products, including occupational disability, dread disease, accident, and basic skills insurance; term life and funeral insurance; classic and unit-linked pension insurance, and company pension scheme; and disability, professional liability, and assistance insurance. It also provides heal… Read more
NÜRNBERGER Beteiligungs-AG (NBG6) - Net Assets
Latest net assets as of June 2025: €892.94 Million EUR
Based on the latest financial reports, NÜRNBERGER Beteiligungs-AG (NBG6) has net assets worth €892.94 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 (€36.62 Billion) and total liabilities (€35.73 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 | €892.94 Million |
| % of Total Assets | 2.44% |
| Annual Growth Rate | 0.27% |
| 5-Year Change | -6.42% |
| 10-Year Change | 20.24% |
| Growth Volatility | 8.52 |
NÜRNBERGER Beteiligungs-AG - Net Assets Trend (2013–2024)
This chart illustrates how NÜRNBERGER Beteiligungs-AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NÜRNBERGER Beteiligungs-AG (2013–2024)
The table below shows the annual net assets of NÜRNBERGER Beteiligungs-AG from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €848.46 Million | -12.22% |
| 2023-12-31 | €966.57 Million | +0.23% |
| 2022-12-31 | €964.36 Million | +3.39% |
| 2021-12-31 | €932.76 Million | +2.88% |
| 2020-12-31 | €906.69 Million | +5.14% |
| 2019-12-31 | €862.40 Million | +3.81% |
| 2018-12-31 | €830.73 Million | +3.71% |
| 2017-12-31 | €801.04 Million | +9.79% |
| 2016-12-31 | €729.59 Million | +3.39% |
| 2015-12-31 | €705.65 Million | -20.36% |
| 2014-12-31 | €886.06 Million | +7.57% |
| 2013-12-31 | €823.68 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NÜRNBERGER Beteiligungs-AG'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 22.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €655.39 Million | 78.84% |
| Other Components | €175.92 Million | 21.16% |
| Total Equity | €831.31 Million | 100.00% |
NÜRNBERGER Beteiligungs-AG Competitors by Market Cap
The table below lists competitors of NÜRNBERGER Beteiligungs-AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TPV Technology Co Ltd
SHE:000727
|
$917.87 Million |
|
Predictive Discovery Ltd
AU:PDI
|
$918.22 Million |
|
Beijing Fuxing Xiaocheng Electronic Technology Co Ltd
SHE:300139
|
$918.28 Million |
|
Revolve Group LLC
NYSE:RVLV
|
$918.44 Million |
|
Sunway Real Estate Investment Trust
KLSE:5176
|
$916.40 Million |
|
Adapthealth Corp
NASDAQ:AHCO
|
$916.00 Million |
|
Medicover AB (publ)
PINK:MCVEF
|
$915.67 Million |
|
Voltalia SA
PINK:VLTAF
|
$915.32 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NÜRNBERGER Beteiligungs-AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 950,129,776 to 831,311,006, a change of -118,818,770 (-12.5%).
- Net loss of 78,524,836 reduced equity.
- Dividend payments of 41,153,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-78.52 Million | -9.45% |
| Dividends Paid | €41.15 Million | -4.95% |
| Other Changes | €859.07K | +0.1% |
| Total Change | €- | -12.51% |
Book Value vs Market Value Analysis
This analysis compares NÜRNBERGER Beteiligungs-AG'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: 1.66x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.77x to 1.66x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €67.68 | €119.50 | x |
| 2018-12-31 | €70.23 | €119.50 | x |
| 2019-12-31 | €73.41 | €119.50 | x |
| 2020-12-31 | €77.37 | €119.50 | x |
| 2021-12-31 | €79.54 | €119.50 | x |
| 2022-12-31 | €82.36 | €119.50 | x |
| 2023-12-31 | €82.48 | €119.50 | x |
| 2024-12-31 | €72.16 | €119.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NÜRNBERGER Beteiligungs-AG 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): -9.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.46%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 44.08x
- Recent ROE (-9.45%) is below the historical average (6.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 8.84% | 1.17% | 0.23x | 33.24x | €-9.38 Million |
| 2014 | 12.46% | 1.80% | 0.21x | 33.48x | €21.45 Million |
| 2015 | 6.81% | 1.10% | 0.15x | 40.30x | €-22.17 Million |
| 2016 | 8.08% | 1.38% | 0.14x | 40.48x | €-13.80 Million |
| 2017 | 11.94% | 1.92% | 0.16x | 39.67x | €15.10 Million |
| 2018 | 7.27% | 1.92% | 0.10x | 37.91x | €-22.10 Million |
| 2019 | 7.98% | 1.19% | 0.17x | 38.87x | €-17.13 Million |
| 2020 | 8.68% | 1.83% | 0.13x | 37.72x | €-11.76 Million |
| 2021 | 6.88% | 1.06% | 0.17x | 39.14x | €-28.63 Million |
| 2022 | 7.29% | 2.69% | 0.08x | 35.47x | €-25.73 Million |
| 2023 | 4.39% | 0.83% | 0.14x | 36.83x | €-53.28 Million |
| 2024 | -9.45% | -1.46% | 0.15x | 44.08x | €-161.66 Million |
Industry Comparison
This section compares NÜRNBERGER Beteiligungs-AG's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $17,692,824,915
- Average return on equity (ROE) among peers: 4.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NÜRNBERGER Beteiligungs-AG (NBG6) | €892.94 Million | 8.84% | 40.01x | $917.18 Million |
| Allianz SE VNA O.N. (ALV) | $51.97 Billion | 6.68% | 7.49x | $141.38 Billion |
| Aegon Ltd. (J060) | $10.94 Billion | -5.21% | 33.82x | $7.54 Billion |
| RheinLand Holding AG (RLV) | $207.28 Million | 7.20% | 7.41x | $351.54K |
| Unipol Gruppo Finanziario Spa (UIPN) | $7.66 Billion | 8.91% | 8.73x | $9.69 Billion |