NCC AB (publ)
NCC AB (publ) operates as a construction company in Sweden, Norway, Denmark, and Finland. The company operates through five segments: NCC Infrastructure, NCC Building Sweden, NCC Building Nordic, NCC Industry, and NCC Property Development. It builds residential buildings and offices, as well as constructs schools, hospitals, stores, and warehouses. The company also designs, constructs, produces, … Read more
NCC AB (publ) (NCCBF) - Net Assets
Latest net assets as of December 2025: $7.92 Billion USD
Based on the latest financial reports, NCC AB (publ) (NCCBF) has net assets worth $7.92 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($30.58 Billion) and total liabilities ($22.66 Billion). 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 | $7.92 Billion |
| % of Total Assets | 25.89% |
| Annual Growth Rate | 14.79% |
| 5-Year Change | 35.47% |
| 10-Year Change | N/A |
| Growth Volatility | 19.1 |
NCC AB (publ) - Net Assets Trend (2020–2025)
This chart illustrates how NCC AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NCC AB (publ) (2020–2025)
The table below shows the annual net assets of NCC AB (publ) from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $7.92 Billion | -8.61% |
| 2024-12-31 | $8.66 Billion | +18.28% |
| 2023-12-31 | $7.32 Billion | +1.96% |
| 2022-12-31 | $7.18 Billion | +22.91% |
| 2021-12-31 | $5.84 Billion | +47.13% |
| 2020-12-31 | $3.97 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NCC AB (publ)'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 401.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.05 Billion | 89.04% |
| Other Components | $868.00 Million | 10.96% |
| Total Equity | $7.92 Billion | 100.00% |
NCC AB (publ) Competitors by Market Cap
The table below lists competitors of NCC AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Baoding Tianwei Baobian Electric Co Ltd
SHG:600550
|
$1.94 Billion |
|
Mesoblast Ltd
NASDAQ:MESO
|
$1.94 Billion |
|
RBL Bank Limited
NSE:RBLBANK
|
$1.94 Billion |
|
ITC HOTELS LIMITED
NSE:ITCHOTELS
|
$1.94 Billion |
|
SSR MINING INC. CDIS/1
F:ZSV1
|
$1.94 Billion |
|
Delek US Holdings Inc
F:DEH
|
$1.94 Billion |
|
ePlus inc
NASDAQ:PLUS
|
$1.94 Billion |
|
Reliance Worldwide Corporation Limited
PINK:RLLWF
|
$1.93 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NCC AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,663,000,000 to 7,917,000,000, a change of -746,000,000 (-8.6%).
- Net income of 142,000,000 contributed positively to equity growth.
- Other factors decreased equity by 888,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $142.00 Million | +1.79% |
| Other Changes | $-888.00 Million | -11.22% |
| Total Change | $- | -8.61% |
Book Value vs Market Value Analysis
This analysis compares NCC AB (publ)'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: 0.38x
- 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 0.84x to 0.38x 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 | $36.89 | $30.95 | x |
| 2021-12-31 | $54.31 | $30.95 | x |
| 2022-12-31 | $73.60 | $30.95 | x |
| 2023-12-31 | $74.99 | $30.95 | x |
| 2024-12-31 | $88.59 | $30.95 | x |
| 2025-12-31 | $80.96 | $30.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NCC AB (publ) 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): 1.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.25%
- • Asset Turnover: 1.82x
- • Equity Multiplier: 3.86x
- Recent ROE (1.79%) is below the historical average (18.96%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 31.70% | 2.33% | 1.89x | 7.19x | $861.80 Million |
| 2021 | 25.80% | 2.82% | 1.82x | 5.03x | $923.60 Million |
| 2022 | 14.88% | 1.97% | 1.83x | 4.12x | $350.70 Million |
| 2023 | 21.48% | 2.76% | 1.78x | 4.36x | $840.60 Million |
| 2024 | 18.13% | 2.55% | 1.92x | 3.70x | $704.70 Million |
| 2025 | 1.79% | 0.25% | 1.82x | 3.86x | $-649.70 Million |
Industry Comparison
This section compares NCC AB (publ)'s net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NCC AB (publ) (NCCBF) | $7.92 Billion | 31.70% | 2.86x | $1.94 Billion |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |