NSE SA
NSE S.A. designs, produces, and sells integrated systems for civil and military in France and internationally. The company offers design and integration electronic equipment; design, prototyping, testing and qualification, pre-series and series production services to produce on-board electrical and electronic equipment, cords, bundles or complex harnesses; and design and integration of on-board s… Read more
NSE SA (ALNSE) - Net Assets
Latest net assets as of June 2025: €45.70 Million EUR
Based on the latest financial reports, NSE SA (ALNSE) has net assets worth €45.70 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€99.11 Million) and total liabilities (€53.41 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 | €45.70 Million |
| % of Total Assets | 46.11% |
| Annual Growth Rate | 14.44% |
| 5-Year Change | 35.66% |
| 10-Year Change | 113.93% |
| Growth Volatility | 31.81 |
NSE SA - Net Assets Trend (2004–2024)
This chart illustrates how NSE SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NSE SA (2004–2024)
The table below shows the annual net assets of NSE SA from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €41.74 Million | +6.71% |
| 2023-12-31 | €39.11 Million | +8.57% |
| 2022-12-31 | €36.02 Million | +6.92% |
| 2021-12-31 | €33.69 Million | +9.52% |
| 2020-12-31 | €30.77 Million | +13.91% |
| 2019-12-31 | €27.01 Million | +26.44% |
| 2018-12-31 | €21.36 Million | +4.98% |
| 2017-12-31 | €20.34 Million | +0.43% |
| 2016-12-31 | €20.26 Million | +3.83% |
| 2015-12-31 | €19.51 Million | -17.11% |
| 2014-12-31 | €23.54 Million | -0.27% |
| 2013-12-31 | €23.60 Million | -3.72% |
| 2012-12-31 | €24.51 Million | +2.91% |
| 2011-12-31 | €23.82 Million | +123.47% |
| 2010-12-31 | €10.66 Million | +15.69% |
| 2009-12-31 | €9.21 Million | +12.19% |
| 2008-12-31 | €8.21 Million | +8.58% |
| 2007-12-31 | €7.56 Million | +11.20% |
| 2006-12-31 | €6.80 Million | +91.75% |
| 2005-12-31 | €3.55 Million | +26.18% |
| 2004-12-31 | €2.81 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NSE 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 929.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.62 Million | 8.69% |
| Common Stock | €5.23 Million | 12.54% |
| Other Comprehensive Income | €32.88 Million | 78.78% |
| Total Equity | €41.74 Million | 100.00% |
NSE SA Competitors by Market Cap
The table below lists competitors of NSE SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orvana Minerals Corp
PINK:ORVMF
|
$16.39 Million |
|
Sievi Capital Plc
F:WE3
|
$16.39 Million |
|
The Caldwell Partners International Inc
OTCQX:CWLPF
|
$16.39 Million |
|
TaiwanJ Pharmaceuticals Co., Ltd.
TWO:6549
|
$16.39 Million |
|
Athena Bitcoin Global
PINK:ABIT
|
$16.38 Million |
|
Advance Synergy Bhd
KLSE:1481
|
$16.38 Million |
|
Lifco AB Series B
LSE:0R4P
|
$16.37 Million |
|
Birla Cable Limited
NSE:BIRLACABLE
|
$16.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NSE SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 39,113,000 to 41,737,000, a change of 2,624,000 (6.7%).
- Net income of 3,625,000 contributed positively to equity growth.
- Dividend payments of 794,000 reduced retained earnings.
- Other comprehensive income increased equity by 3,132,000.
- Other factors decreased equity by 3,339,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.62 Million | +8.69% |
| Dividends Paid | €794.00K | -1.9% |
| Other Comprehensive Income | €3.13 Million | +7.5% |
| Other Changes | €-3.34 Million | -8.0% |
| Total Change | €- | 6.71% |
Book Value vs Market Value Analysis
This analysis compares NSE 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: 3.80x
- 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 decreased from 20.55x to 3.80x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | €2.43 | €49.90 | x |
| 2005-12-31 | €3.06 | €49.90 | x |
| 2006-12-31 | €5.55 | €49.90 | x |
| 2007-12-31 | €6.22 | €49.90 | x |
| 2008-12-31 | €6.92 | €49.90 | x |
| 2009-12-31 | €7.96 | €49.90 | x |
| 2010-12-31 | €9.05 | €49.90 | x |
| 2011-12-31 | €14.50 | €49.90 | x |
| 2012-12-31 | €6.47 | €49.90 | x |
| 2013-12-31 | €6.64 | €49.90 | x |
| 2014-12-31 | €6.82 | €49.90 | x |
| 2015-12-31 | €5.82 | €49.90 | x |
| 2016-12-31 | €5.92 | €49.90 | x |
| 2017-12-31 | €5.99 | €49.90 | x |
| 2018-12-31 | €6.43 | €49.90 | x |
| 2019-12-31 | €8.19 | €49.90 | x |
| 2020-12-31 | €9.27 | €49.90 | x |
| 2021-12-31 | €10.60 | €49.90 | x |
| 2022-12-31 | €11.35 | €49.90 | x |
| 2023-12-31 | €12.32 | €49.90 | x |
| 2024-12-31 | €13.15 | €49.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NSE 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): 8.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.50%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 2.10x
- Recent ROE (8.69%) is below the historical average (9.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 12.52% | 3.70% | 1.25x | 2.71x | €70.90K |
| 2005 | 21.23% | 5.99% | 1.54x | 2.30x | €398.30K |
| 2006 | 19.05% | 8.84% | 1.09x | 1.97x | €581.50K |
| 2007 | 12.98% | 6.03% | 1.25x | 1.72x | €214.57K |
| 2008 | 14.71% | 6.05% | 1.00x | 2.43x | €386.80K |
| 2009 | 16.16% | 6.18% | 1.12x | 2.33x | €567.70K |
| 2010 | 12.02% | 6.53% | 1.05x | 1.76x | €214.80K |
| 2011 | 5.93% | 1.89% | 0.95x | 3.32x | €-717.80K |
| 2012 | 3.55% | 1.19% | 1.07x | 2.79x | €-1.37 Million |
| 2013 | 4.06% | 1.34% | 1.12x | 2.71x | €-1.28 Million |
| 2014 | 0.32% | 0.11% | 1.04x | 2.73x | €-2.07 Million |
| 2015 | -5.67% | -1.81% | 1.01x | 3.10x | €-2.83 Million |
| 2016 | 4.81% | 1.45% | 1.14x | 2.92x | €-982.60K |
| 2017 | 0.39% | 0.12% | 1.15x | 2.90x | €-1.84 Million |
| 2018 | 5.37% | 1.63% | 1.21x | 2.72x | €-937.10K |
| 2019 | 22.74% | 7.70% | 1.29x | 2.28x | €3.28 Million |
| 2020 | 13.54% | 5.61% | 1.09x | 2.21x | €1.03 Million |
| 2021 | 12.13% | 6.13% | 1.05x | 1.89x | €716.10K |
| 2022 | 8.48% | 4.66% | 1.12x | 1.63x | €-546.60K |
| 2023 | 10.57% | 5.37% | 0.97x | 2.02x | €221.70K |
| 2024 | 8.69% | 3.50% | 1.18x | 2.10x | €-548.70K |
Industry Comparison
This section compares NSE SA's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $45,083,233
- Average return on equity (ROE) among peers: 1.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NSE SA (ALNSE) | €45.70 Million | 12.52% | 1.17x | $16.39 Million |
| Groupe Tera SA (ALGTR) | $1.98 Million | -9.59% | 7.03x | $11.10 Million |
| Neotion SA (ALNEO) | $-3.85 Million | 0.00% | 0.00x | $1.07 Million |
| Lacroix Group SA (LACR) | $180.38 Million | 11.98% | 2.01x | $24.30 Million |
| Made SA (MLMAD) | $1.82 Million | 2.03% | 0.58x | $110.29K |