Nordex SE
Nordex SE, together with its subsidiaries, develops, manufactures, and distributes multi-megawatt onshore wind turbines worldwide. It operates in Projects and Services segments. The company provides project development services; and maintenance and remote monitoring services for wind farms, as well as repair and technical development services for existing turbines. The company was incorporated i… Read more
Nordex SE (NRDXF) - Net Assets
Latest net assets as of September 2025: $1.08 Billion USD
Based on the latest financial reports, Nordex SE (NRDXF) has net assets worth $1.08 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($5.90 Billion) and total liabilities ($4.82 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 | $1.08 Billion |
| % of Total Assets | 18.27% |
| Annual Growth Rate | 9.85% |
| 5-Year Change | 28.84% |
| 10-Year Change | 118.75% |
| Growth Volatility | 42.15 |
Nordex SE - Net Assets Trend (2005–2024)
This chart illustrates how Nordex 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 Nordex SE (2005–2024)
The table below shows the annual net assets of Nordex SE from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $996.62 Million | +1.89% |
| 2023-12-31 | $978.12 Million | +11.40% |
| 2022-12-31 | $878.06 Million | -17.35% |
| 2021-12-31 | $1.06 Billion | +37.34% |
| 2020-12-31 | $773.53 Million | +3.78% |
| 2019-12-31 | $745.39 Million | +6.90% |
| 2018-12-31 | $697.29 Million | -24.12% |
| 2017-12-31 | $918.99 Million | -2.24% |
| 2016-12-31 | $940.01 Million | +106.33% |
| 2015-12-31 | $455.60 Million | +15.05% |
| 2014-12-31 | $396.00 Million | +7.57% |
| 2013-12-31 | $368.13 Million | +31.87% |
| 2012-12-31 | $279.17 Million | -25.86% |
| 2011-12-31 | $376.55 Million | +1.54% |
| 2010-12-31 | $370.83 Million | +6.61% |
| 2009-12-31 | $347.83 Million | +7.21% |
| 2008-12-31 | $324.44 Million | -47.30% |
| 2007-12-31 | $615.65 Million | +58.96% |
| 2006-12-31 | $387.29 Million | +131.48% |
| 2005-12-31 | $167.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nordex 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 decreased by 18883600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $236.45 Million | 23.87% |
| Other Comprehensive Income | $951.25 Million | 96.02% |
| Total Equity | $990.65 Million | 100.00% |
Nordex SE Competitors by Market Cap
The table below lists competitors of Nordex SE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Crystal Clear Chemical Co Ltd
SHE:300655
|
$1.74 Billion |
|
Secure Energy Services Inc
PINK:SECYF
|
$1.74 Billion |
|
Huaming Power Equipment Co Ltd
SHE:002270
|
$1.74 Billion |
|
Syndax Pharmaceuticals Inc
NASDAQ:SNDX
|
$1.74 Billion |
|
CETC Energy Joint Stock Co Ltd
SHG:600877
|
$1.74 Billion |
|
Daido Steel Co. Ltd
F:DDL
|
$1.74 Billion |
|
Lanxess AG
PINK:LNXSF
|
$1.74 Billion |
|
PT Barito Pacific Tbk
F:OB8
|
$1.74 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nordex SE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 976,596,000 to 990,652,000, a change of 14,056,000 (1.4%).
- Net income of 8,836,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,101,568,000.
- Other factors decreased equity by 1,096,348,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.84 Million | +0.89% |
| Other Comprehensive Income | $1.10 Billion | +111.2% |
| Other Changes | $-1.10 Billion | -110.67% |
| Total Change | $- | 1.44% |
Book Value vs Market Value Analysis
This analysis compares Nordex 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: 3.51x
- 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 15.60x to 3.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $0.94 | $14.70 | x |
| 2006-12-31 | $1.99 | $14.70 | x |
| 2007-12-31 | $3.60 | $14.70 | x |
| 2008-12-31 | $4.15 | $14.70 | x |
| 2009-12-31 | $4.51 | $14.70 | x |
| 2010-12-31 | $4.81 | $14.70 | x |
| 2011-12-31 | $4.55 | $14.70 | x |
| 2012-12-31 | $3.31 | $14.70 | x |
| 2013-12-31 | $4.33 | $14.70 | x |
| 2014-12-31 | $4.28 | $14.70 | x |
| 2015-12-31 | $4.92 | $14.70 | x |
| 2016-12-31 | $8.85 | $14.70 | x |
| 2017-12-31 | $8.28 | $14.70 | x |
| 2018-12-31 | $6.28 | $14.70 | x |
| 2019-12-31 | $6.56 | $14.70 | x |
| 2020-12-31 | $6.28 | $14.70 | x |
| 2021-12-31 | $7.21 | $14.70 | x |
| 2022-12-31 | $4.77 | $14.70 | x |
| 2023-12-31 | $4.28 | $14.70 | x |
| 2024-12-31 | $4.19 | $14.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nordex 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): 0.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.12%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 5.68x
- Recent ROE (0.89%) is above the historical average (-5.87%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | -12.95% | -2.66% | 1.34x | 3.65x | $-14.56 Million |
| 2006 | 8.75% | 2.49% | 1.12x | 3.13x | $-1.83 Million |
| 2007 | 18.07% | 6.54% | 1.06x | 2.60x | $21.82 Million |
| 2008 | 15.59% | 4.16% | 1.39x | 2.69x | $17.76 Million |
| 2009 | 7.00% | 2.11% | 1.36x | 2.43x | $-10.37 Million |
| 2010 | 5.75% | 2.10% | 1.02x | 2.68x | $-15.63 Million |
| 2011 | -13.21% | -5.37% | 0.89x | 2.75x | $-86.90 Million |
| 2012 | -33.66% | -8.73% | 1.01x | 3.82x | $-121.77 Million |
| 2013 | 2.78% | 0.72% | 1.20x | 3.24x | $-26.57 Million |
| 2014 | 9.85% | 2.25% | 1.40x | 3.13x | $-593.90K |
| 2015 | 11.47% | 2.15% | 1.66x | 3.20x | $6.71 Million |
| 2016 | 10.14% | 2.81% | 1.13x | 3.19x | $1.35 Million |
| 2017 | 0.04% | 0.01% | 1.10x | 3.06x | $-91.57 Million |
| 2018 | -12.03% | -3.41% | 0.80x | 4.39x | $-153.58 Million |
| 2019 | -9.74% | -2.21% | 0.82x | 5.37x | $-147.11 Million |
| 2020 | -16.77% | -2.79% | 1.05x | 5.70x | $-207.06 Million |
| 2021 | -21.66% | -4.23% | 1.33x | 3.87x | $-336.40 Million |
| 2022 | -56.69% | -8.74% | 1.20x | 5.42x | $-585.57 Million |
| 2023 | -31.01% | -4.67% | 1.20x | 5.55x | $-400.49 Million |
| 2024 | 0.89% | 0.12% | 1.30x | 5.68x | $-90.23 Million |
Industry Comparison
This section compares Nordex SE's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nordex SE (NRDXF) | $1.08 Billion | -12.95% | 4.47x | $1.74 Billion |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |