nVent Electric PLC

NYSE:NVT USA Electrical Equipment & Parts
Market Cap
$18.51 Billion
Market Cap Rank
#1157 Global
#892 in USA
Share Price
$114.71
Change (1 day)
+0.36%
52-Week Range
$45.20 - $121.80
All Time High
$121.80
About

nVent Electric plc designs, manufactures, markets, installs, and services electrical connection and protection solutions in North America, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates in two segments, Enclosures, and Electrical & Fastening Solutions. The Enclosures segment provides solutions to protect electronics, systems, and data in mission critical appli… Read more

nVent Electric PLC (NVT) - Net Assets

Latest net assets as of September 2025: $3.63 Billion USD

Based on the latest financial reports, nVent Electric PLC (NVT) has net assets worth $3.63 Billion USD as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.77 Billion) and total liabilities ($3.14 Billion). 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 $3.63 Billion
% of Total Assets 53.64%
Annual Growth Rate -0.88%
5-Year Change 34.35%
10-Year Change N/A
Growth Volatility 12.13

nVent Electric PLC - Net Assets Trend (2015–2024)

This chart illustrates how nVent Electric PLC's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for nVent Electric PLC (2015–2024)

The table below shows the annual net assets of nVent Electric PLC from 2015 to 2024.

Year Net Assets Change
2024-12-31 $3.24 Billion +3.04%
2023-12-31 $3.14 Billion +15.02%
2022-12-31 $2.73 Billion +9.44%
2021-12-31 $2.50 Billion +3.58%
2020-12-31 $2.41 Billion -7.05%
2019-12-31 $2.59 Billion -3.52%
2018-12-31 $2.69 Billion -29.12%
2017-12-31 $3.79 Billion +8.77%
2016-12-31 $3.49 Billion -0.60%
2015-12-31 $3.51 Billion --

Equity Component Analysis

This analysis shows how different components contribute to nVent Electric PLC'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 110860000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $1.11 Billion 34.24%
Common Stock $1.70 Million 0.05%
Other Comprehensive Income $-144.40 Million -4.46%
Other Components $2.27 Billion 70.17%
Total Equity $3.24 Billion 100.00%

nVent Electric PLC Competitors by Market Cap

The table below lists competitors of nVent Electric PLC ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,142,100,000 to 3,237,600,000, a change of 95,500,000 (3.0%).
  • Net income of 331,800,000 contributed positively to equity growth.
  • Dividend payments of 126,800,000 reduced retained earnings.
  • Share repurchases of 100,000,000 reduced equity.
  • New share issuances of 3,400,000 increased equity.
  • Other comprehensive income decreased equity by 40,400,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $331.80 Million +10.25%
Dividends Paid $126.80 Million -3.92%
Share Repurchases $100.00 Million -3.09%
Share Issuances $3.40 Million +0.11%
Other Comprehensive Income $-40.40 Million -1.25%
Other Changes $27.50 Million +0.85%
Total Change $- 3.04%

Book Value vs Market Value Analysis

This analysis compares nVent Electric PLC'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: 5.96x
  • 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 5.83x to 5.96x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2015-12-31 $19.67 $114.71 x
2016-12-31 $19.55 $114.71 x
2017-12-31 $21.26 $114.71 x
2018-12-31 $14.86 $114.71 x
2019-12-31 $14.99 $114.71 x
2020-12-31 $14.21 $114.71 x
2021-12-31 $14.71 $114.71 x
2022-12-31 $16.23 $114.71 x
2023-12-31 $18.68 $114.71 x
2024-12-31 $19.25 $114.71 x

Capital Efficiency Dashboard

This dashboard shows how efficiently nVent Electric PLC 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): 10.25%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 11.04%
  • • Asset Turnover: 0.45x
  • • Equity Multiplier: 2.08x
  • Recent ROE (10.25%) is above the historical average (9.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2015 5.99% 11.61% 0.40x 1.30x $-140.57 Million
2016 7.43% 12.24% 0.47x 1.29x $-89.47 Million
2017 9.54% 17.24% 0.44x 1.25x $-17.43 Million
2018 8.59% 10.43% 0.49x 1.69x $-37.91 Million
2019 8.59% 10.10% 0.47x 1.79x $-36.55 Million
2020 -1.96% -2.36% 0.46x 1.81x $-288.18 Million
2021 10.93% 11.08% 0.53x 1.87x $23.29 Million
2022 14.64% 17.42% 0.47x 1.79x $126.63 Million
2023 18.05% 17.38% 0.53x 1.96x $252.89 Million
2024 10.25% 11.04% 0.45x 2.08x $8.04 Million

Industry Comparison

This section compares nVent Electric PLC's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $315,233,876
  • Average return on equity (ROE) among peers: -5.11%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
nVent Electric PLC (NVT) $3.63 Billion 5.99% 0.86x $16.41 Billion
ABB Ltd (ABBNY) $2.23 Billion -31.00% 13.51x $85.22 Billion
Advent Technologies Holdings Inc (ADN) $130.20 Million -15.76% 0.25x $1.02 Million
Ads Tec Energy PLC (ADSE) $-8.59 Million 0.00% 0.00x $194.80 Million
Advanced Energy Industries Inc (AEIS) $392.07 Million 32.51% 0.46x $11.51 Billion
AFC Energy plc (AFGYF) $30.27 Million -57.55% 0.21x $91.15 Million
Alfen N.V (ALFNF) $6.81 Million 25.29% 3.39x $265.32 Million
Amprius Technologies Inc. (AMPX) $13.86 Million -71.41% 0.34x $1.30 Billion
Asia Pacific Wire & Cable Corp Ltd (APWC) $118.20 Million 3.47% 0.76x $17.88 Million
Astro Communications Inc (ASTO) $7.59 Million 3.65% 0.08x $18.93K
Atkore International Group Inc (ATKR) $232.94 Million 59.69% 5.17x $1.72 Billion