New Work SE
New Work SE operates professional networking platforms in Germany, Austria/Switzerland, and internationally. It operates through HR Solutions and Talent Access, B2C, and B2B Marketing Solutions segments. The HR Solutions and Talent Access segment products portfolio includes job ads, talent manager, onlyfy one, onlyfy 360, employer branding profile, and TalentService, as well as kununu Top Company… Read more
New Work SE (NWO) - Net Assets
Latest net assets as of June 2024: €131.71 Million EUR
Based on the latest financial reports, New Work SE (NWO) has net assets worth €131.71 Million EUR as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€298.77 Million) and total liabilities (€167.05 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 | €131.71 Million |
| % of Total Assets | 44.09% |
| Annual Growth Rate | 8.11% |
| 5-Year Change | 42.98% |
| 10-Year Change | N/A |
| Growth Volatility | 7.98 |
New Work SE - Net Assets Trend (2018–2023)
This chart illustrates how New Work SE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for New Work SE (2018–2023)
The table below shows the annual net assets of New Work SE from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | €145.18 Million | -0.63% |
| 2022-12-31 | €146.09 Million | +5.66% |
| 2021-12-31 | €138.27 Million | +22.35% |
| 2020-12-31 | €113.01 Million | +11.30% |
| 2019-12-31 | €101.53 Million | +3.28% |
| 2018-12-31 | €98.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to New Work 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 grown by 70.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €116.27 Million | 80.09% |
| Other Components | €28.91 Million | 19.91% |
| Total Equity | €145.18 Million | 100.00% |
New Work SE Competitors by Market Cap
The table below lists competitors of New Work SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sheela Foam Limited
NSE:SFL
|
$279.73 Million |
|
Primeton Information Technologies Inc
SHG:688118
|
$280.04 Million |
|
AbraSilver Resource Corp
OTCQX:ABBRF
|
$280.10 Million |
|
Jiangmen Kanhoo Industry Co Ltd
SHE:300340
|
$280.21 Million |
|
Jiangsu Yabang Dyestuff Co Ltd
SHG:603188
|
$279.63 Million |
|
Bankwell Financial Group Inc
NASDAQ:BWFG
|
$279.61 Million |
|
Jaya Real Property Tbk
JK:JRPT
|
$279.59 Million |
|
Isgec Heavy Engineering Limited
NSE:ISGEC
|
$279.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in New Work SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 146,090,000 to 145,176,000, a change of -914,000 (-0.6%).
- Net income of 36,852,000 contributed positively to equity growth.
- Dividend payments of 37,770,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €36.85 Million | +25.38% |
| Dividends Paid | €37.77 Million | -26.02% |
| Other Changes | €4.00K | +0.0% |
| Total Change | €- | -0.63% |
Book Value vs Market Value Analysis
This analysis compares New Work 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: 4.34x
- 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 decreased from 6.40x to 4.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | €17.49 | €112.00 | x |
| 2019-12-31 | €18.07 | €112.00 | x |
| 2020-12-31 | €20.11 | €112.00 | x |
| 2021-12-31 | €24.60 | €112.00 | x |
| 2022-12-31 | €25.99 | €112.00 | x |
| 2023-12-31 | €25.83 | €112.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently New Work 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): 25.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.06%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 2.40x
- Recent ROE (25.38%) is below the historical average (28.71%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 31.51% | 13.38% | 0.83x | 2.83x | €21.15 Million |
| 2019 | 34.01% | 12.43% | 0.90x | 3.05x | €24.38 Million |
| 2020 | 23.11% | 9.44% | 0.81x | 3.02x | €14.82 Million |
| 2021 | 28.64% | 13.92% | 0.75x | 2.74x | €25.78 Million |
| 2022 | 29.61% | 13.81% | 0.83x | 2.58x | €28.65 Million |
| 2023 | 25.38% | 12.06% | 0.88x | 2.40x | €22.33 Million |
Industry Comparison
This section compares New Work SE's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| New Work SE (NWO) | €131.71 Million | 31.51% | 1.27x | $279.67 Million |
| Hanna Capital Corp (04U1) | $-79.29K | 0.00% | 0.00x | $116.52K |
| WESTMINSTER RES (08W) | $4.66 Million | -31.33% | 0.12x | $5.16 Million |
| Axonics Inc (0I3) | $570.14 Million | -10.47% | 0.16x | $3.29 Billion |
| Global Bioenergies SA (1DK) | $14.81 Million | -86.04% | 0.89x | $369.68K |
| GIEAG Immobilien AG (2GI) | $41.80 Million | 40.21% | 8.93x | $15.57K |
| 2invest AG (2INV) | $82.61 Million | -2.29% | 0.06x | $13.67 Million |
| PT Central Proteina Prima Tbk (4PT) | $3.42 Trillion | 11.74% | 1.00x | $6.90 Million |
| DGH Deutsche Grundwert Holding AG (5TR) | $0.00 | 0.00% | 0.00x | $18.45K |
| SOFTCHOICE CORP. (90Q) | $58.23 Million | -19.76% | 10.01x | $470.36 Million |
| ALBA SE (ABA) | $142.95 Million | 5.25% | 0.45x | $5.10 Million |