Nuscale Power Corp (SMR) - Net Assets
Based on the latest financial reports, Nuscale Power Corp (SMR) has net assets worth $2.01 Billion USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.05 Billion) and total liabilities ($35.54 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. Check Nuscale Power Corp strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.01 Billion |
| % of Total Assets | 98.27% |
| Annual Growth Rate | 76.62% |
| 5-Year Change | 1580.63% |
| 10-Year Change | N/A |
| Growth Volatility | 186.47 |
Nuscale Power Corp - Net Assets Trend (2019–2025)
This chart illustrates how Nuscale Power Corp's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see SMR stock market capitalisation.
Annual Net Assets for Nuscale Power Corp (2019–2025)
The table below shows the annual net assets of Nuscale Power Corp from 2019 to 2025. Also explore how fast is Nuscale Power Corp growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.11 Billion | +145.75% |
| 2024-12-31 | $453.12 Million | +250.34% |
| 2023-12-31 | $129.34 Million | -53.32% |
| 2022-12-31 | $277.09 Million | +318.19% |
| 2021-12-31 | $66.26 Million | +327.39% |
| 2020-12-31 | $-29.14 Million | -179.49% |
| 2019-12-31 | $36.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nuscale Power Corp'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 14213100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $34.00K | 0.00% |
| Other Components | $1.90 Billion | 162.70% |
| Total Equity | $1.17 Billion | 100.00% |
Nuscale Power Corp Competitors by Market Cap
The table below lists competitors of Nuscale Power Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
$3.39 Billion |
|
Wuhan Raycus Fiber Laser Technologies Co Ltd Class A
SHE:300747
|
$3.39 Billion |
|
Bill Com Holdings Inc
NYSE:BILL
|
$3.40 Billion |
|
PT Trimegah Bangun Persada Tbk
JK:NCKL
|
$3.40 Billion |
|
Universal Microwave Technology
TWO:3491
|
$3.39 Billion |
|
American States Water Company
NYSE:AWR
|
$3.39 Billion |
|
GZ Port
SHG:601228
|
$3.39 Billion |
|
Honeywell Automation India Limited
NSE:HONAUT
|
$3.39 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nuscale Power Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 618,695,000 to 1,168,841,000, a change of 550,146,000 (88.9%).
- Net loss of 355,794,000 reduced equity.
- Share repurchases of 1,306,149,000 reduced equity.
- New share issuances of 1,299,734,000 increased equity.
- Other factors increased equity by 912,355,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-355.79 Million | -30.44% |
| Share Repurchases | $1.31 Billion | -111.75% |
| Share Issuances | $1.30 Billion | +111.2% |
| Other Changes | $912.36 Million | +78.06% |
| Total Change | $- | 88.92% |
Book Value vs Market Value Analysis
This analysis compares Nuscale Power Corp'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: 1.16x
- 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 9.84x to 1.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $0.84 | $8.27 | x |
| 2020-12-31 | $-0.67 | $8.27 | x |
| 2021-12-31 | $1.52 | $8.27 | x |
| 2022-12-31 | $2.26 | $8.27 | x |
| 2023-12-31 | $1.27 | $8.27 | x |
| 2024-12-31 | $6.63 | $8.27 | x |
| 2025-12-31 | $7.14 | $8.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nuscale Power Corp 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): -30.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1130.26%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.21x
- Recent ROE (-30.44%) is above the historical average (-73.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -193.97% | -19063.54% | 0.00x | 2.06x | $-74.77 Million |
| 2020 | 0.00% | -14731.17% | 0.01x | 0.00x | $-85.47 Million |
| 2021 | -154.69% | -3581.17% | 0.02x | 1.83x | $-109.12 Million |
| 2022 | -49.76% | -483.47% | 0.03x | 3.04x | $-68.54 Million |
| 2023 | -62.45% | -255.86% | 0.10x | 2.41x | $-67.71 Million |
| 2024 | -22.08% | -368.80% | 0.07x | 0.88x | $-198.49 Million |
| 2025 | -30.44% | -1130.26% | 0.02x | 1.21x | $-472.68 Million |
Industry Comparison
This section compares Nuscale Power Corp's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $1,438,851,667
- Average return on equity (ROE) among peers: -0.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nuscale Power Corp (SMR) | $2.01 Billion | -193.97% | 0.02x | $3.39 Billion |
| Ametek Inc (AME) | $1.78 Billion | 15.99% | 1.15x | $53.06 Billion |
| American Superconductor Corporation (AMSC) | $197.11 Million | 3.06% | 0.58x | $1.46 Billion |
| Smith AO Corporation (AOS) | $576.20 Million | 9.06% | 1.22x | $6.46 Billion |
| ATS Corporation (ATS) | $509.09 Million | -16.75% | 0.57x | $1.88 Billion |
| Babcock & Wilcox Enterprises Inc (BW) | $561.00 Million | -20.61% | 1.73x | $1.10 Billion |
| Broadwind Energy Inc (BWEN) | $88.38 Million | -6.98% | 0.66x | $50.81 Million |
| Capstone Energy Plus, Inc. Common Stock (CEPL) | $-44.47 Million | 0.00% | 0.00x | $188.44 Million |
| Clean Energy Technologies, Inc. Common Stock (CETY) | $-59.33K | 0.00% | 0.00x | $12.11 Million |
| Cummins Inc (CMI) | $9.90 Billion | 7.42% | 2.23x | $73.44 Billion |
| Crane Company (CR) | $822.06 Million | 3.20% | 2.46x | $10.47 Billion |
About Nuscale Power Corp
NuScale Power Corporation provides small modular reactor technology solutions. It offers NuScale Power Module (NPM), a light water nuclear reactor that can generate 77 megawatts of electricity (MWe). The company also provides design and nuclear regulatory licensing basis information to construct and operate the power plant; and licensing, design, development, construction, operation, and maintena… Read more