NÜRNBERGER Beteiligungs-AG (NBG6) - Net Assets

Latest as of June 2025: €892.94 Million EUR ≈ $1.04 Billion USD

Based on the latest financial reports, NÜRNBERGER Beteiligungs-AG (NBG6) has net assets worth €892.94 Million EUR (≈ $1.04 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 (€36.62 Billion ≈ $42.81 Billion USD) and total liabilities (€35.73 Billion ≈ $41.77 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. Read NÜRNBERGER Beteiligungs-AG balance sheet liabilities for a breakdown of total debt and financial obligations.

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. Also explore NÜRNBERGER Beteiligungs-AG total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of NÜRNBERGER Beteiligungs-AG.

Year Net Assets Change
2024-12-31 €848.46 Million
≈ $991.94 Million		 -12.22%
2023-12-31 €966.57 Million
≈ $1.13 Billion		 +0.23%
2022-12-31 €964.36 Million
≈ $1.13 Billion		 +3.39%
2021-12-31 €932.76 Million
≈ $1.09 Billion		 +2.88%
2020-12-31 €906.69 Million
≈ $1.06 Billion		 +5.14%
2019-12-31 €862.40 Million
≈ $1.01 Billion		 +3.81%
2018-12-31 €830.73 Million
≈ $971.21 Million		 +3.71%
2017-12-31 €801.04 Million
≈ $936.50 Million		 +9.79%
2016-12-31 €729.59 Million
≈ $852.97 Million		 +3.39%
2015-12-31 €705.65 Million
≈ $824.98 Million		 -20.36%
2014-12-31 €886.06 Million
≈ $1.04 Billion		 +7.57%
2013-12-31 €823.68 Million
≈ $962.96 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
Chongqing Department Store Co Ltd
SHG:600729
 $1.38 Billion
Cheil Worldwide
KO:030000
 $1.38 Billion
Atalaya Mining Ltd
F:E5S1
 $1.38 Billion
Procept Biorobotics Corp
NASDAQ:PRCT
 $1.38 Billion
Inno Laser Technology Co. Ltd.
SHE:301021
 $1.38 Billion
RONESANS GAYRIMENKUL YAT.
IS:RGYAS
 $1.38 Billion
Happy Forgings Limited
NSE:HAPPYFORGE
 $1.38 Billion
Sinopep-Allsino Biopharmaceutical Co. Ltd. A
SHG:688076
 $1.37 Billion

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: $29,552,064,388
  • Average return on equity (ROE) among peers: 10.08%

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 $1.38 Billion
NN GROUP NV UNSP.ADR/1 (2NN0) $23.63 Billion 13.87% 9.64x $19.09 Billion
WATERDROP INC.ADS/10 CL.A (717) $4.87 Billion 7.54% 0.32x $460.70 Million
Allianz SE VNA O.N. (ALV) $52.85 Billion 11.35% 12.46x $140.11 Billion
ALLIANZ SE UNSP.ADR 1/10 (ALVE) $58.73 Billion 10.93% 14.93x $141.45 Billion
ASS.GENERALI ADR 1/2/EO 1 (ASG0) $31.29 Billion 11.98% 15.26x $54.86 Billion
AXA SA (AXAA) $78.28 Billion 6.42% 9.73x $81.82 Billion
MAPFRE S.A.ADR 2 / EO-10 (CMA) $10.51 Billion 10.77% 4.57x $12.03 Billion
RheinLand Holding AG (RLV) $157.22 Million 5.29% 9.48x $115.20 Million
Arch Capital Group Ltd (RSK) $5.65 Billion 12.57% 2.46x $29.77 Billion

About NÜRNBERGER Beteiligungs-AG

F:NBG6 Germany Insurance - Diversified
Market Cap
$1.61 Billion
€1.38 Billion EUR
Market Cap Rank
#7721 Global
#1045 in Germany
Share Price
€119.50
Change (1 day)
+0.00%
52-Week Range
€42.20 - €120.50
All Time High
€120.50
Categories
Companies in Germany Insurance - Diversified
About

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