NORMA Group SE
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. It also offers various products for stormwater management, landscape irrigation, flow management, and joining components for w… Read more
NORMA Group SE (NOEJF) - Net Assets
Latest net assets as of June 2025: $648.38 Million USD
Based on the latest financial reports, NORMA Group SE (NOEJF) has net assets worth $648.38 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.35 Billion) and total liabilities ($705.20 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 | $648.38 Million |
| % of Total Assets | 47.9% |
| Annual Growth Rate | 6.96% |
| 5-Year Change | 22.37% |
| 10-Year Change | 67.83% |
| Growth Volatility | 6.95 |
NORMA Group SE - Net Assets Trend (2014–2024)
This chart illustrates how NORMA Group 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 NORMA Group SE (2014–2024)
The table below shows the annual net assets of NORMA Group SE from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $721.37 Million | +4.03% |
| 2023-12-31 | $693.44 Million | -1.69% |
| 2022-12-31 | $705.36 Million | +5.50% |
| 2021-12-31 | $668.58 Million | +13.41% |
| 2020-12-31 | $589.51 Million | -6.35% |
| 2019-12-31 | $629.45 Million | +4.48% |
| 2018-12-31 | $602.44 Million | +12.75% |
| 2017-12-31 | $534.32 Million | +10.49% |
| 2016-12-31 | $483.58 Million | +12.51% |
| 2015-12-31 | $429.81 Million | +16.79% |
| 2014-12-31 | $368.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NORMA Group 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 270.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $445.62 Million | 61.81% |
| Other Components | $275.38 Million | 38.19% |
| Total Equity | $720.99 Million | 100.00% |
NORMA Group SE Competitors by Market Cap
The table below lists competitors of NORMA Group SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MORIMATSU INT.H.C. (HK)
F:1S5
|
$475.81 Million |
|
Cisen Pharmaceutical Co Ltd
SHG:603367
|
$475.84 Million |
|
Topdanmark AS
PINK:TPDKY
|
$476.09 Million |
|
Hanwang Technology Co Ltd
SHE:002362
|
$476.09 Million |
|
Gujarat Pipavav Port Limited
NSE:GPPL
|
$475.75 Million |
|
Xiandai Investment Co Ltd
SHE:000900
|
$475.65 Million |
|
Chengdu XGimi Technology Co. Ltd. A
SHG:688696
|
$475.58 Million |
|
Georgia Capital PLC
PINK:GRGCF
|
$475.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NORMA Group SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 693,102,000 to 720,994,000, a change of 27,892,000 (4.0%).
- Net income of 14,696,000 contributed positively to equity growth.
- Dividend payments of 14,338,000 reduced retained earnings.
- Other factors increased equity by 27,534,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.70 Million | +2.04% |
| Dividends Paid | $14.34 Million | -1.99% |
| Other Changes | $27.53 Million | +3.82% |
| Total Change | $- | 4.02% |
Book Value vs Market Value Analysis
This analysis compares NORMA Group 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: 0.89x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.09x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $18.50 | $20.15 | x |
| 2021-12-31 | $20.97 | $20.15 | x |
| 2022-12-31 | $22.13 | $20.15 | x |
| 2023-12-31 | $21.75 | $20.15 | x |
| 2024-12-31 | $22.63 | $20.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NORMA Group 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.27%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.99x
- Recent ROE (2.04%) is below the historical average (10.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 14.91% | 7.84% | 0.65x | 2.94x | $18.02 Million |
| 2015 | 17.18% | 8.26% | 0.76x | 2.72x | $30.79 Million |
| 2016 | 15.69% | 8.43% | 0.67x | 2.77x | $27.47 Million |
| 2017 | 22.50% | 11.72% | 0.78x | 2.47x | $66.47 Million |
| 2018 | 15.29% | 8.43% | 0.74x | 2.45x | $31.80 Million |
| 2019 | 9.30% | 5.29% | 0.73x | 2.41x | $-4.37 Million |
| 2020 | 0.96% | 0.60% | 0.67x | 2.40x | $-53.26 Million |
| 2021 | 8.37% | 5.12% | 0.73x | 2.24x | $-10.89 Million |
| 2022 | 5.54% | 3.14% | 0.80x | 2.21x | $-31.44 Million |
| 2023 | 4.02% | 2.28% | 0.82x | 2.15x | $-41.48 Million |
| 2024 | 2.04% | 1.27% | 0.80x | 1.99x | $-57.40 Million |
Industry Comparison
This section compares NORMA Group SE's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $945,108,837
- Average return on equity (ROE) among peers: -0.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NORMA Group SE (NOEJF) | $648.38 Million | 14.91% | 1.09x | $475.81 Million |
| ADF Group Inc (ADFJF) | $91.43 Million | -1.70% | 0.17x | $70.84 Million |
| Aurubis AG (AIAGF) | $2.37 Billion | 14.83% | 0.84x | $2.34 Billion |
| American Metal & Technology Inc (AMGY) | $-2.25 Million | 0.00% | 0.00x | $0.95 |
| Ampco-Pittsburgh Corporation (AP) | $149.83 Million | -53.27% | 2.78x | $96.27 Million |
| Allegheny Technologies Incorporated (ATI) | $2.09 Billion | 1.52% | 1.08x | $19.84 Billion |
| NV Bekaert SA (BEKSF) | $2.17 Billion | 11.76% | 0.88x | $1.30 Billion |
| CompoSecure, Inc. (CMPO) | $-192.55 Million | 0.00% | 0.00x | $1.63 Billion |
| Carpenter Technology Corporation (CRS) | $239.10 Million | 15.18% | 2.05x | $18.51 Billion |
| Cymat Technologies Ltd (CYMHF) | $-612.07K | 0.00% | 0.00x | $6.74 Million |
| ESAB Corp (ESAB) | $2.54 Billion | 6.19% | 0.33x | $5.64 Billion |