NSE SA (ALNSE) - Net Assets

Latest as of June 2025: €45.70 Million EUR ≈ $53.43 Million USD

Based on the latest financial reports, NSE SA (ALNSE) has net assets worth €45.70 Million EUR (≈ $53.43 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 (€99.11 Million ≈ $115.87 Million USD) and total liabilities (€53.41 Million ≈ $62.44 Million 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 ALNSE asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore ALNSE current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for NSE SA (2004–2024)

The table below shows the annual net assets of NSE SA from 2004 to 2024. For live valuation and market cap data, see how much is NSE SA worth.

Year	Net Assets	Change
2024-12-31	€41.74 Million ≈ $48.79 Million	+6.71%
2023-12-31	€39.11 Million ≈ $45.73 Million	+8.57%
2022-12-31	€36.02 Million ≈ $42.12 Million	+6.92%
2021-12-31	€33.69 Million ≈ $39.39 Million	+9.52%
2020-12-31	€30.77 Million ≈ $35.97 Million	+13.91%
2019-12-31	€27.01 Million ≈ $31.57 Million	+26.44%
2018-12-31	€21.36 Million ≈ $24.97 Million	+4.98%
2017-12-31	€20.34 Million ≈ $23.79 Million	+0.43%
2016-12-31	€20.26 Million ≈ $23.68 Million	+3.83%
2015-12-31	€19.51 Million ≈ $22.81 Million	-17.11%
2014-12-31	€23.54 Million ≈ $27.52 Million	-0.27%
2013-12-31	€23.60 Million ≈ $27.59 Million	-3.72%
2012-12-31	€24.51 Million ≈ $28.66 Million	+2.91%
2011-12-31	€23.82 Million ≈ $27.85 Million	+123.47%
2010-12-31	€10.66 Million ≈ $12.46 Million	+15.69%
2009-12-31	€9.21 Million ≈ $10.77 Million	+12.19%
2008-12-31	€8.21 Million ≈ $9.60 Million	+8.58%
2007-12-31	€7.56 Million ≈ $8.84 Million	+11.20%
2006-12-31	€6.80 Million ≈ $7.95 Million	+91.75%
2005-12-31	€3.55 Million ≈ $4.15 Million	+26.18%
2004-12-31	€2.81 Million ≈ $3.29 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
Wafangdian Bearing Co Ltd SHE:200706	$143.90 Million
JTC Inc KQ:950170	$143.95 Million
Benfica LS:SLBEN	$143.98 Million
Brazil Potash Corp. NYSE:GRO	$144.09 Million
Bny Mellon Municipal Income Inc NYSE MKT:DMF	$143.85 Million
AnaPass Inc KQ:123860	$143.78 Million
Scicom MSC Bhd KLSE:0099	$143.68 Million
C&G Hi Tech Co.Ltd KQ:264660	$143.63 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: 3.97x
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 21.50x to 3.97x 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	€52.20	x
2005-12-31	€3.06	€52.20	x
2006-12-31	€5.55	€52.20	x
2007-12-31	€6.22	€52.20	x
2008-12-31	€6.92	€52.20	x
2009-12-31	€7.96	€52.20	x
2010-12-31	€9.05	€52.20	x
2011-12-31	€14.50	€52.20	x
2012-12-31	€6.47	€52.20	x
2013-12-31	€6.64	€52.20	x
2014-12-31	€6.82	€52.20	x
2015-12-31	€5.82	€52.20	x
2016-12-31	€5.92	€52.20	x
2017-12-31	€5.99	€52.20	x
2018-12-31	€6.43	€52.20	x
2019-12-31	€8.19	€52.20	x
2020-12-31	€9.27	€52.20	x
2021-12-31	€10.60	€52.20	x
2022-12-31	€11.35	€52.20	x
2023-12-31	€12.32	€52.20	x
2024-12-31	€13.15	€52.20	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: $28,523,082
Average return on equity (ROE) among peers: -2.92%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
NSE SA (ALNSE)	€45.70 Million	12.52%	1.17x	$143.88 Million
Groupe Tera SA (ALGTR)	$1.98 Million	-9.59%	7.03x	$17.95 Million
Lacroix Group SA (LACR)	$83.70 Million	0.84%	1.45x	$63.40 Million
Made SA (MLMAD)	$-115.75K	0.00%	0.00x	$15.00 Million

About NSE SA

PA:ALNSE France Scientific & Technical Instruments

Market Cap

$201.24 Million

€172.13 Million EUR

Market Cap Rank

#17800 Global

#268 in France

Share Price

€52.20

Change (1 day)

-1.51%

52-Week Range

€37.40 - €53.20

All Time High

€53.20