Nacon Sa
Nacon S.A. designs and distributes games and gaming accessories in France and internationally. The company offers accessories, including headsets, headphones, microphones, controllers, portable consoles, RIG, keyboards, mice, audio, USB cables, optical cables, charging stations, and console accessories. It also develops and publishes video games in various categories, such as action and adventure… Read more
Nacon Sa (NACON) - Net Assets
Latest net assets as of March 2025: €284.36 Million EUR
Based on the latest financial reports, Nacon Sa (NACON) has net assets worth €284.36 Million EUR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€512.93 Million) and total liabilities (€228.57 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 | €284.36 Million |
| % of Total Assets | 55.44% |
| Annual Growth Rate | 27.48% |
| 5-Year Change | 35.11% |
| 10-Year Change | N/A |
| Growth Volatility | 55.97 |
Nacon Sa - Net Assets Trend (2017–2025)
This chart illustrates how Nacon 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 Nacon Sa (2017–2025)
The table below shows the annual net assets of Nacon Sa from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | €284.36 Million | +7.90% |
| 2024-03-31 | €263.55 Million | +8.66% |
| 2023-03-31 | €242.55 Million | +6.19% |
| 2022-03-31 | €228.41 Million | +8.52% |
| 2021-03-31 | €210.47 Million | +12.18% |
| 2020-03-31 | €187.62 Million | +177.78% |
| 2019-03-31 | €67.54 Million | +55.06% |
| 2018-03-31 | €43.56 Million | +6.85% |
| 2017-03-31 | €40.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nacon 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 decreased by 236.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €108.24 Million | 38.06% |
| Other Comprehensive Income | €99.19 Million | 34.88% |
| Other Components | €78.28 Million | 27.53% |
| Total Equity | €284.36 Million | 100.00% |
Nacon Sa Competitors by Market Cap
The table below lists competitors of Nacon Sa ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MANAGEM
BC:MANAGEM
|
$7.59 Million |
|
Sahathai Printing & Packaging PCL
BK:STP
|
$7.59 Million |
|
New York City REIT Inc
NYSE:NYC
|
$7.59 Million |
|
Boston Sand & Gravel Co
PINK:BSND
|
$7.60 Million |
|
PROBIOTIX HEALTH LS-05
F:X90
|
$7.59 Million |
|
GFL Limited
NSE:GFLLIMITED
|
$7.59 Million |
|
AnorTech Inc.
V:ANOR
|
$7.59 Million |
|
Gagasan Nadi Cergas Berhad
KLSE:0206
|
$7.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nacon Sa's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 263,552,000 to 284,363,000, a change of 20,811,000 (7.9%).
- Net loss of 1,343,000 reduced equity.
- Share repurchases of 87,000 reduced equity.
- Other comprehensive income increased equity by 17,939,000.
- Other factors increased equity by 4,302,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.34 Million | -0.47% |
| Share Repurchases | €87.00K | -0.03% |
| Other Comprehensive Income | €17.94 Million | +6.31% |
| Other Changes | €4.30 Million | +1.51% |
| Total Change | €- | 7.90% |
Book Value vs Market Value Analysis
This analysis compares Nacon 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: 0.06x
- 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 0.25x to 0.06x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-03-31 | €0.63 | €0.16 | x |
| 2018-03-31 | €0.67 | €0.16 | x |
| 2019-03-31 | €1.04 | €0.16 | x |
| 2020-03-31 | €2.76 | €0.16 | x |
| 2021-03-31 | €2.45 | €0.16 | x |
| 2022-03-31 | €2.64 | €0.16 | x |
| 2023-03-31 | €2.74 | €0.16 | x |
| 2024-03-31 | €2.86 | €0.16 | x |
| 2025-03-31 | €2.64 | €0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nacon 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): -0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.80%
- • Asset Turnover: 0.33x
- • Equity Multiplier: 1.80x
- Recent ROE (-0.47%) is below the historical average (6.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 2.41% | 1.29% | 1.08x | 1.74x | €-3.09 Million |
| 2018 | 4.98% | 2.27% | 1.13x | 1.95x | €-2.19 Million |
| 2019 | 15.85% | 9.47% | 0.76x | 2.20x | €3.95 Million |
| 2020 | 8.14% | 11.82% | 0.43x | 1.59x | €-3.49 Million |
| 2021 | 8.68% | 10.29% | 0.56x | 1.51x | €-2.78 Million |
| 2022 | 4.36% | 6.39% | 0.38x | 1.80x | €-12.88 Million |
| 2023 | 5.27% | 8.19% | 0.32x | 1.99x | €-11.48 Million |
| 2024 | 6.65% | 10.45% | 0.35x | 1.82x | €-8.83 Million |
| 2025 | -0.47% | -0.80% | 0.33x | 1.80x | €-29.78 Million |
Industry Comparison
This section compares Nacon Sa's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $165,829,000
- Average return on equity (ROE) among peers: -15.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nacon Sa (NACON) | €284.36 Million | 2.41% | 0.80x | $7.59 Million |
| Atari S.A. (ALATA) | $265.90 Million | -46.45% | 3.56x | $45.24 Million |
| DONTNOD Entertainment SA (ALDNE) | $85.59 Million | -3.81% | 0.12x | $1.85 Million |
| Pullup Entertainment Société anonyme (ALPUL) | $146.00 Million | 5.01% | 1.10x | $50.27 Million |