Novabase SGPS (NBA) - Net Assets

Latest as of December 2025: €61.63 Million EUR ≈ $72.06 Million USD

Based on the latest financial reports, Novabase SGPS (NBA) has net assets worth €61.63 Million EUR (≈ $72.06 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€129.42 Million ≈ $151.30 Million USD) and total liabilities (€67.78 Million ≈ $79.25 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. Explore Novabase SGPS operating cash flow efficiency to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	€61.63 Million
% of Total Assets	47.62%
Annual Growth Rate	-18.91%
5-Year Change	-18.85%
10-Year Change	-33.77%
Growth Volatility	23.59

Novabase SGPS - Net Assets Trend (2000–2025)

This chart illustrates how Novabase SGPS's net assets have evolved over time, based on quarterly financial data. Explore Novabase SGPS long-term investment allocation to see how much of total assets are deployed in long-term investments.

Annual Net Assets for Novabase SGPS (2000–2025)

The table below shows the annual net assets of Novabase SGPS from 2000 to 2025. For live valuation and market cap data, see market cap of Novabase SGPS.

Year	Net Assets	Change
2025-12-31	€61.63 Million ≈ $72.06 Million	-27.39%
2024-12-31	€84.89 Million ≈ $99.24 Million	-2.54%
2023-12-31	€87.10 Million ≈ $101.82 Million	+29.56%
2022-12-31	€67.23 Million ≈ $78.60 Million	-11.48%
2021-12-31	€75.95 Million ≈ $88.79 Million	+13.19%
2020-12-31	€67.10 Million ≈ $78.44 Million	-23.42%
2019-12-31	€87.62 Million ≈ $102.44 Million	+8.74%
2018-12-31	€80.58 Million ≈ $94.21 Million	-0.72%
2017-12-31	€81.17 Million ≈ $94.89 Million	-12.78%
2016-12-31	€93.06 Million ≈ $108.79 Million	+3.78%
2015-12-31	€89.67 Million ≈ $104.83 Million	-9.67%
2014-12-31	€99.27 Million ≈ $116.05 Million	-2.44%
2013-12-31	€101.75 Million ≈ $118.96 Million	-8.24%
2012-12-31	€110.89 Million ≈ $129.64 Million	+8.25%
2011-12-31	€102.44 Million ≈ $119.76 Million	+4.00%
2010-12-31	€98.50 Million ≈ $115.15 Million	-0.65%
2009-12-31	€99.14 Million ≈ $115.91 Million	+11.90%
2008-12-31	€88.60 Million ≈ $103.58 Million	-22.62%
2007-12-31	€114.50 Million ≈ $133.86 Million	+8.10%
2006-12-31	€105.92 Million ≈ $123.84 Million	+16.87%
2005-12-31	€90.64 Million ≈ $105.96 Million	+7.35%
2004-12-31	€84.43 Million ≈ $98.71 Million	+12.18%
2003-12-31	€75.27 Million ≈ $88.00 Million	+1.11%
2002-12-31	€74.44 Million ≈ $87.03 Million	+11.01%
2001-12-31	€67.06 Million ≈ $78.40 Million	-99.42%
2000-12-31	€11.65 Billion ≈ $13.62 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Novabase SGPS'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 548500000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	€5.49 Million	10.89%
Other Components	€44.89 Million	89.11%
Total Equity	€50.38 Million	100.00%

Novabase SGPS Competitors by Market Cap

The table below lists competitors of Novabase SGPS ranked by their market capitalization.

Company	Market Cap
Leysen Jewellery Inc SHG:603900	$337.75 Million
Viva Biotech Holdings F:VB0	$337.78 Million
Precious Shipping Public Company Limited BK:PSL	$337.82 Million
GFPT Public Company Limited BK:GFPT	$338.05 Million
A-LIVING SM.CI.SV. H YC 1 F:1V0	$337.61 Million
Organogenesis Holdings Inc NASDAQ:ORGO	$337.59 Million
Stalprodukt SA WAR:STP	$337.53 Million
Palmer Square Capital BDC Inc. NYSE:PSBD	$337.45 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Novabase SGPS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 73,941,000 to 50,379,000, a change of -23,562,000 (-31.9%).
Net income of 5,485,000 contributed positively to equity growth.
Other factors decreased equity by 29,047,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	€5.49 Million	+10.89%
Other Changes	€-29.05 Million	-57.66%
Total Change	€-	-31.87%

Book Value vs Market Value Analysis

This analysis compares Novabase SGPS'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: 6.69x
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 4.10x to 6.69x 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	€2.18	€8.94	x
2018-12-31	€2.15	€8.94	x
2019-12-31	€2.23	€8.94	x
2020-12-31	€1.86	€8.94	x
2021-12-31	€2.14	€8.94	x
2022-12-31	€1.92	€8.94	x
2023-12-31	€2.92	€8.94	x
2024-12-31	€2.11	€8.94	x
2025-12-31	€1.34	€8.94	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Novabase SGPS 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): 10.89%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.41%
• Asset Turnover: 0.96x
• Equity Multiplier: 2.57x
Recent ROE (10.89%) is below the historical average (11.60%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2003	0.85%	0.43%	0.96x	2.03x	€-6.28 Million
2004	7.58%	3.19%	0.99x	2.41x	€-1.74 Million
2005	6.47%	2.25%	1.12x	2.56x	€-2.78 Million
2006	5.46%	1.98%	1.13x	2.45x	€-4.30 Million
2007	6.94%	2.23%	1.22x	2.55x	€-3.09 Million
2008	1.93%	0.55%	1.44x	2.44x	€-6.74 Million
2009	13.78%	5.34%	1.24x	2.08x	€3.53 Million
2010	14.07%	5.52%	1.20x	2.12x	€3.78 Million
2011	2.10%	0.85%	1.11x	2.23x	€-7.31 Million
2012	7.88%	3.73%	0.97x	2.18x	€-2.12 Million
2013	8.32%	3.46%	1.01x	2.38x	€-1.51 Million
2014	3.34%	1.31%	1.05x	2.42x	€-5.78 Million
2015	9.11%	5.84%	0.57x	2.73x	€-722.20K
2016	11.28%	7.06%	0.66x	2.42x	€1.09 Million
2017	7.07%	3.42%	0.76x	2.73x	€-1.98 Million
2018	7.09%	3.19%	0.86x	2.58x	€-1.95 Million
2019	29.44%	16.96%	0.63x	2.77x	€13.47 Million
2020	13.12%	5.98%	0.74x	2.98x	€1.78 Million
2021	13.27%	6.27%	0.84x	2.52x	€2.15 Million
2022	15.81%	5.46%	1.09x	2.65x	€3.28 Million
2023	62.32%	35.50%	0.75x	2.34x	€39.51 Million
2024	8.68%	4.78%	0.83x	2.20x	€-974.10K
2025	10.89%	4.41%	0.96x	2.57x	€447.10K

Industry Comparison

This section compares Novabase SGPS's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

Industry: Information Technology Services
Average net assets among peers: $118,299,000
Average return on equity (ROE) among peers: 1.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Novabase SGPS (NBA)	€61.63 Million	0.85%	1.10x	$337.68 Million
Glintt (GLINT)	$118.30 Million	1.05%	0.83x	$120.88 Million

About Novabase SGPS

LS:NBA Portugal Information Technology Services

Market Cap

$393.90 Million

€336.92 Million EUR

Market Cap Rank

#14466 Global

#18 in Portugal

Share Price

€8.94

Change (1 day)

+0.00%

52-Week Range

€7.35 - €10.30

All Time High

€10.30