Nordex SE (NDX1) - Net Assets
Based on the latest financial reports, Nordex SE (NDX1) has net assets worth €1.02 Billion EUR (≈ $1.19 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 (€5.67 Billion ≈ $6.63 Billion USD) and total liabilities (€4.65 Billion ≈ $5.44 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 Nordex SE liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €1.02 Billion |
| % of Total Assets | 17.96% |
| Annual Growth Rate | 9.48% |
| 5-Year Change | 28.84% |
| 10-Year Change | 118.75% |
| Growth Volatility | 33.19 |
Nordex SE - Net Assets Trend (2013–2024)
This chart illustrates how Nordex SE's net assets have evolved over time, based on quarterly financial data. Also explore Nordex SE assets under control for the complete picture of this company's asset base.
Annual Net Assets for Nordex SE (2013–2024)
The table below shows the annual net assets of Nordex SE from 2013 to 2024. For live valuation and market cap data, see Nordex SE (NDX1) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €996.62 Million ≈ $1.17 Billion |
+1.89% |
| 2023-12-31 | €978.12 Million ≈ $1.14 Billion |
+11.40% |
| 2022-12-31 | €878.06 Million ≈ $1.03 Billion |
-17.35% |
| 2021-12-31 | €1.06 Billion ≈ $1.24 Billion |
+37.34% |
| 2020-12-31 | €773.53 Million ≈ $904.34 Million |
+3.78% |
| 2019-12-31 | €745.39 Million ≈ $871.44 Million |
+6.90% |
| 2018-12-31 | €697.29 Million ≈ $815.21 Million |
-24.12% |
| 2017-12-31 | €918.99 Million ≈ $1.07 Billion |
-2.24% |
| 2016-12-31 | €940.01 Million ≈ $1.10 Billion |
+106.33% |
| 2015-12-31 | €455.60 Million ≈ $532.64 Million |
+15.05% |
| 2014-12-31 | €396.00 Million ≈ $462.96 Million |
+7.57% |
| 2013-12-31 | €368.13 Million ≈ $430.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nordex SE'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 665.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €1.19 Billion | 119.89% |
| Total Equity | €990.65 Million | 100.00% |
Nordex SE Competitors by Market Cap
The table below lists competitors of Nordex SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SARTORIUS (UNSP.ADS)/1/5
F:SRT0
|
$8.14 Billion |
|
Hebei Sinopack Electronic Technolog
SHE:003031
|
$8.15 Billion |
|
WT Microelectronics Co Ltd
TW:3036
|
$8.16 Billion |
|
Snap Inc
NYSE:SNAP
|
$8.16 Billion |
|
NH Investment & Securities Co Ltd
KO:005940
|
$8.13 Billion |
|
Persistent Systems Limited
NSE:PERSISTENT
|
$8.12 Billion |
|
Nexgen Energy (Canada) Ltd
AU:NXG
|
$8.12 Billion |
|
BOK Financial Corporation
NASDAQ:BOKF
|
$8.11 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nordex SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 976,596,000 to 990,652,000, a change of 14,056,000 (1.4%).
- Net income of 8,836,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €8.84 Million | +0.89% |
| Other Changes | €5.22 Million | +0.53% |
| Total Change | €- | 1.44% |
Book Value vs Market Value Analysis
This analysis compares Nordex SE'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: 11.50x
- 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 increased from 5.09x to 11.50x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €9.48 | €48.20 | x |
| 2018-12-31 | €7.19 | €48.20 | x |
| 2019-12-31 | €6.99 | €48.20 | x |
| 2020-12-31 | €6.59 | €48.20 | x |
| 2021-12-31 | €6.64 | €48.20 | x |
| 2022-12-31 | €4.14 | €48.20 | x |
| 2023-12-31 | €4.13 | €48.20 | x |
| 2024-12-31 | €4.19 | €48.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nordex SE 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): 0.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.12%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 5.68x
- Recent ROE (0.89%) is above the historical average (-9.39%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 2.78% | 0.72% | 1.20x | 3.24x | €-26.57 Million |
| 2014 | 9.85% | 2.25% | 1.40x | 3.13x | €-593.90K |
| 2015 | 11.47% | 2.15% | 1.66x | 3.20x | €6.71 Million |
| 2016 | 10.14% | 2.81% | 1.13x | 3.19x | €1.35 Million |
| 2017 | 0.04% | 0.01% | 1.10x | 3.06x | €-91.57 Million |
| 2018 | -12.03% | -3.41% | 0.80x | 4.39x | €-153.58 Million |
| 2019 | -9.74% | -2.21% | 0.82x | 5.37x | €-147.11 Million |
| 2020 | -16.77% | -2.79% | 1.05x | 5.70x | €-207.06 Million |
| 2021 | -21.66% | -4.23% | 1.33x | 3.87x | €-336.40 Million |
| 2022 | -56.69% | -8.74% | 1.20x | 5.42x | €-585.57 Million |
| 2023 | -31.01% | -4.67% | 1.20x | 5.55x | €-400.49 Million |
| 2024 | 0.89% | 0.12% | 1.30x | 5.68x | €-90.23 Million |
Industry Comparison
This section compares Nordex SE's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $10,469,006,603
- Average return on equity (ROE) among peers: 8.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nordex SE (NDX1) | €1.02 Billion | 2.78% | 4.57x | $8.13 Billion |
| MORIMATSU INT.H.C. (HK) (1S5) | $5.28 Billion | 13.97% | 0.69x | $915.38 Million |
| 2G Energy AG (2GB) | $108.62 Million | 15.09% | 0.95x | $670.96 Million |
| Eaton Corporation PLC (3EC) | $18.53 Billion | 20.47% | 1.07x | $131.02 Billion |
| MERUS POWER OYJ EO 1 (99H) | $9.53 Million | -27.84% | 1.80x | $34.28 Million |
| Aumann AG (AAG) | $201.72 Million | 10.66% | 0.61x | $170.49 Million |
| Atlas Copco A ADR (ACO) | $67.63 Billion | 26.81% | 1.02x | $64.34 Billion |
| ATS CORP. (ATO0) | $1.68 Billion | 11.50% | 1.43x | $2.67 Billion |
| Chongqing Machinery & Electric Co. Ltd (CE3) | $6.25 Billion | 8.19% | 1.18x | $424.46 Million |
| NEL ASA ADR/30 NK -20 (D7GA) | $4.98 Billion | -4.91% | 0.27x | $352.91 Million |
| Datron AG (DAR) | $17.16 Million | 13.37% | 0.27x | $30.88 Million |
About Nordex SE
Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide. It operates in Projects and Services segments. The company provides project development services; and maintenance and remote monitoring services for wind farms, as well as repair and technical development services for existing turbines. The company was incorporated i… Read more