Naturgy Energy Group SA (NTGY) - Net Assets
Based on the latest financial reports, Naturgy Energy Group SA (NTGY) has net assets worth €10.13 Billion EUR (≈ $11.85 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€41.05 Billion ≈ $47.99 Billion USD) and total liabilities (€30.92 Billion ≈ $36.14 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 NTGY tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €10.13 Billion |
| % of Total Assets | 24.69% |
| Annual Growth Rate | 4.73% |
| 5-Year Change | 28.18% |
| 10-Year Change | -40.16% |
| Growth Volatility | 18.77 |
Naturgy Energy Group SA - Net Assets Trend (2000–2025)
This chart illustrates how Naturgy Energy Group SA's net assets have evolved over time, based on quarterly financial data. See Naturgy Energy Group SA liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Naturgy Energy Group SA (2000–2025)
The table below shows the annual net assets of Naturgy Energy Group SA from 2000 to 2025. For live valuation and market cap data, see how much is Naturgy Energy Group SA worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €11.37 Billion ≈ $13.30 Billion |
-2.40% |
| 2024-12-31 | €11.65 Billion ≈ $13.62 Billion |
-2.31% |
| 2023-12-31 | €11.93 Billion ≈ $13.95 Billion |
+19.54% |
| 2022-12-31 | €9.98 Billion ≈ $11.67 Billion |
+12.46% |
| 2021-12-31 | €8.87 Billion ≈ $10.37 Billion |
-21.23% |
| 2020-12-31 | €11.27 Billion ≈ $13.17 Billion |
-19.40% |
| 2019-12-31 | €13.98 Billion ≈ $16.34 Billion |
-4.24% |
| 2018-12-31 | €14.60 Billion ≈ $17.06 Billion |
-20.27% |
| 2017-12-31 | €18.30 Billion ≈ $21.40 Billion |
-3.68% |
| 2016-12-31 | €19.00 Billion ≈ $22.22 Billion |
+2.63% |
| 2015-12-31 | €18.52 Billion ≈ $21.65 Billion |
+2.76% |
| 2014-12-31 | €18.02 Billion ≈ $21.07 Billion |
+20.05% |
| 2013-12-31 | €15.01 Billion ≈ $17.55 Billion |
+0.88% |
| 2012-12-31 | €14.88 Billion ≈ $17.40 Billion |
+3.03% |
| 2011-12-31 | €14.44 Billion ≈ $16.88 Billion |
+11.31% |
| 2010-12-31 | €12.97 Billion ≈ $15.17 Billion |
+6.55% |
| 2009-12-31 | €12.18 Billion ≈ $14.24 Billion |
+81.18% |
| 2008-12-31 | €6.72 Billion ≈ $7.86 Billion |
+4.57% |
| 2007-12-31 | €6.43 Billion ≈ $7.51 Billion |
+7.19% |
| 2006-12-31 | €6.00 Billion ≈ $7.01 Billion |
+3.99% |
| 2005-12-31 | €5.77 Billion ≈ $6.74 Billion |
+20.35% |
| 2004-12-31 | €4.79 Billion ≈ $5.60 Billion |
+6.01% |
| 2003-12-31 | €4.52 Billion ≈ $5.28 Billion |
+7.77% |
| 2002-12-31 | €4.19 Billion ≈ $4.90 Billion |
+9.80% |
| 2001-12-31 | €3.82 Billion ≈ $4.47 Billion |
+6.70% |
| 2000-12-31 | €3.58 Billion ≈ $4.18 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Naturgy Energy Group SA'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 113.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.02 Billion | 21.65% |
| Common Stock | €970.00 Million | 10.38% |
| Other Comprehensive Income | €5.70 Billion | 60.97% |
| Other Components | €653.00 Million | 6.99% |
| Total Equity | €9.34 Billion | 100.00% |
Naturgy Energy Group SA Competitors by Market Cap
The table below lists competitors of Naturgy Energy Group SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PetroChina Company Limited
F:PC6
|
$24.84 Billion |
|
SAMPO OYJ (SDR)/1
F:SMP
|
$24.86 Billion |
|
Veeva Systems Inc Class A
NYSE:VEEV
|
$24.88 Billion |
|
Texas Pacific Land Corporation
NYSE:TPL
|
$24.91 Billion |
|
Hua Hong Semiconductor Limited
F:1HH
|
$24.76 Billion |
|
Dollar General Corporation
NYSE:DG
|
$24.75 Billion |
|
Coterra Energy Inc
NYSE:CTRA
|
$24.72 Billion |
|
Zhejiang Sanhua Co Ltd
SHE:002050
|
$24.70 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Naturgy Energy Group SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,478,000,000 to 9,342,000,000, a change of -136,000,000 (-1.4%).
- Net income of 2,023,000,000 contributed positively to equity growth.
- Dividend payments of 1,676,000,000 reduced retained earnings.
- Share repurchases of 2,580,000,000 reduced equity.
- Other comprehensive income increased equity by 790,000,000.
- Other factors increased equity by 1,307,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €2.02 Billion | +21.65% |
| Dividends Paid | €1.68 Billion | -17.94% |
| Share Repurchases | €2.58 Billion | -27.62% |
| Other Comprehensive Income | €790.00 Million | +8.46% |
| Other Changes | €1.31 Billion | +13.99% |
| Total Change | €- | -1.43% |
Book Value vs Market Value Analysis
This analysis compares Naturgy Energy Group SA'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: 2.97x
- 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 3.67x to 2.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | €7.79 | €28.58 | x |
| 2004-12-31 | €8.69 | €28.58 | x |
| 2005-12-31 | €10.29 | €28.58 | x |
| 2006-12-31 | €10.74 | €28.58 | x |
| 2007-12-31 | €11.54 | €28.58 | x |
| 2008-12-31 | €12.36 | €28.58 | x |
| 2009-12-31 | €13.20 | €28.58 | x |
| 2010-12-31 | €12.35 | €28.58 | x |
| 2011-12-31 | €13.42 | €28.58 | x |
| 2012-12-31 | €13.31 | €28.58 | x |
| 2013-12-31 | €13.42 | €28.58 | x |
| 2014-12-31 | €14.12 | €28.58 | x |
| 2015-12-31 | €14.34 | €28.58 | x |
| 2016-12-31 | €15.22 | €28.58 | x |
| 2017-12-31 | €14.73 | €28.58 | x |
| 2018-12-31 | €10.97 | €28.58 | x |
| 2019-12-31 | €10.79 | €28.58 | x |
| 2020-12-31 | €8.34 | €28.58 | x |
| 2021-12-31 | €6.13 | €28.58 | x |
| 2022-12-31 | €7.88 | €28.58 | x |
| 2023-12-31 | €9.83 | €28.58 | x |
| 2024-12-31 | €9.87 | €28.58 | x |
| 2025-12-31 | €9.63 | €28.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Naturgy Energy Group SA 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): 21.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.40%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 4.19x
- Recent ROE (21.65%) is above the historical average (11.97%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 13.88% | 10.10% | 0.56x | 2.44x | €158.88 Million |
| 2004 | 14.05% | 10.25% | 0.57x | 2.41x | €184.90 Million |
| 2005 | 13.84% | 8.78% | 0.62x | 2.53x | €207.90 Million |
| 2006 | 15.13% | 8.26% | 0.77x | 2.36x | €289.80 Million |
| 2007 | 17.40% | 10.46% | 0.65x | 2.54x | €449.00 Million |
| 2008 | 16.58% | 7.80% | 0.72x | 2.94x | €419.40 Million |
| 2009 | 11.19% | 8.03% | 0.33x | 4.25x | €126.90 Million |
| 2010 | 10.55% | 6.12% | 0.43x | 3.98x | €62.60 Million |
| 2011 | 10.36% | 6.29% | 0.45x | 3.64x | €45.80 Million |
| 2012 | 10.87% | 5.79% | 0.53x | 3.54x | €114.90 Million |
| 2013 | 10.75% | 5.79% | 0.56x | 3.34x | €100.60 Million |
| 2014 | 10.34% | 5.91% | 0.49x | 3.56x | €47.90 Million |
| 2015 | 10.45% | 5.77% | 0.54x | 3.35x | €65.30 Million |
| 2016 | 8.85% | 5.81% | 0.49x | 3.09x | €-175.50 Million |
| 2017 | 9.23% | 5.84% | 0.49x | 3.21x | €-113.40 Million |
| 2018 | -25.78% | -11.59% | 0.60x | 3.71x | €-3.92 Billion |
| 2019 | 13.28% | 6.08% | 0.56x | 3.90x | €345.90 Million |
| 2020 | -0.69% | -0.36% | 0.39x | 4.93x | €-857.80 Million |
| 2021 | 20.61% | 5.48% | 0.58x | 6.49x | €625.10 Million |
| 2022 | 21.77% | 4.85% | 0.84x | 5.33x | €891.60 Million |
| 2023 | 21.02% | 8.78% | 0.60x | 4.01x | €1.04 Billion |
| 2024 | 20.06% | 9.87% | 0.47x | 4.31x | €953.20 Million |
| 2025 | 21.65% | 10.40% | 0.50x | 4.19x | €1.09 Billion |
Industry Comparison
This section compares Naturgy Energy Group SA's net assets metrics with peer companies in the Utilities - Regulated Gas industry.
Industry Context
- Industry: Utilities - Regulated Gas
- Average net assets among peers: $3,168,849,000
- Average return on equity (ROE) among peers: 13.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Naturgy Energy Group SA (NTGY) | €10.13 Billion | 13.88% | 3.05x | $24.77 Billion |
| Enagás S.A. (ENG) | $3.17 Billion | 13.34% | 1.79x | $4.62 Billion |
About Naturgy Energy Group SA
Naturgy Energy Group, S.A., together with its subsidiaries, engages in the supply, liquefaction, regasification, transport, storage, distribution, and sale of gas. It operates through Distribution Networks and Energy Markets segments. The company is involved in the regulated gas and electricity distribution; management of transport infrastructure; trade and shipping of liquefied natural gas; supp… Read more