NCC AB (publ) Net Assets
NCC AB (publ) net assets. Based on the latest financial reports, NCC AB (publ) (NCC-A) has net assets worth Skr7.22 Billion SEK (≈ $777.31 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr33.28 Billion ≈ $3.58 Billion USD) and total liabilities (Skr26.06 Billion ≈ $2.80 Billion 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. Also explore NCC AB (publ) (NCC-A) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr7.22 Billion |
| % of Total Assets | 21.7% |
| Annual Growth Rate | 0.13% |
| 5-Year Change | 35.43% |
| 10-Year Change | 42.24% |
| Growth Volatility | 19.57 |
Net Assets of NCC AB (publ) (2002–2025)
Net assets of NCC AB (publ) from 2002 to 2025. This chart illustrates how NCC AB (publ)'s net assets have evolved over time, based on quarterly financial data. See NCC AB (publ) net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for NCC AB (publ) (2002–2025)
The table below shows the annual net assets of NCC AB (publ) from 2002 to 2025. For live market cap and overall valuation, see NCC AB (publ) (NCC-A) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr7.92 Billion ≈ $852.00 Million |
-8.61% |
| 2024-12-31 | Skr8.66 Billion ≈ $932.28 Million |
+18.28% |
| 2023-12-31 | Skr7.32 Billion ≈ $788.18 Million |
+1.96% |
| 2022-12-31 | Skr7.18 Billion ≈ $773.01 Million |
+22.87% |
| 2021-12-31 | Skr5.85 Billion ≈ $629.12 Million |
+47.18% |
| 2020-12-31 | Skr3.97 Billion ≈ $427.45 Million |
+30.49% |
| 2019-12-31 | Skr3.04 Billion ≈ $327.58 Million |
+3.26% |
| 2018-12-31 | Skr2.95 Billion ≈ $317.25 Million |
-46.67% |
| 2017-12-31 | Skr5.53 Billion ≈ $594.90 Million |
-0.68% |
| 2016-12-31 | Skr5.57 Billion ≈ $598.99 Million |
-42.70% |
| 2015-12-31 | Skr9.71 Billion ≈ $1.05 Billion |
+9.55% |
| 2014-12-31 | Skr8.87 Billion ≈ $954.23 Million |
+2.21% |
| 2013-12-31 | Skr8.68 Billion ≈ $933.57 Million |
-3.49% |
| 2012-12-31 | Skr8.99 Billion ≈ $967.36 Million |
+8.34% |
| 2011-12-31 | Skr8.30 Billion ≈ $892.89 Million |
+2.03% |
| 2010-12-31 | Skr8.13 Billion ≈ $875.13 Million |
+5.82% |
| 2009-12-31 | Skr7.68 Billion ≈ $827.03 Million |
+11.94% |
| 2008-12-31 | Skr6.87 Billion ≈ $738.78 Million |
-5.14% |
| 2007-12-31 | Skr7.24 Billion ≈ $778.82 Million |
+5.33% |
| 2006-12-31 | Skr6.87 Billion ≈ $739.43 Million |
-0.12% |
| 2005-12-31 | Skr6.88 Billion ≈ $740.29 Million |
+1.18% |
| 2004-12-31 | Skr6.80 Billion ≈ $731.68 Million |
+8.51% |
| 2003-12-31 | Skr6.27 Billion ≈ $674.32 Million |
-18.41% |
| 2002-12-31 | Skr7.68 Billion ≈ $826.49 Million |
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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 517300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
NCC AB (publ) Net Assets Breakdown (December 2025)
NCC AB (publ) net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr5.17 Billion | 65.34% |
| Common Stock | Skr867.00 Million | 10.95% |
| Other Comprehensive Income | Skr32.00 Million | 0.40% |
| Other Components | Skr1.84 Billion | 23.30% |
| Total Equity | Skr7.92 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 |
|---|---|
|
Mirae Corporation
KO:025560
|
$137.21 Million |
|
Aeluma, Inc
NASDAQ:ALMU
|
$137.29 Million |
|
UOA Real Estate Investment Trust
KLSE:5110
|
$137.39 Million |
|
Bossa Ticaret ve Sanayi Isletmeleri TAS
IS:BOSSA
|
$137.45 Million |
|
Eastern Media International Corp
TW:2614
|
$137.13 Million |
|
United Utilities Group PLC
LSE:UU
|
$137.11 Million |
|
DUG Technology Ltd
AU:DUG
|
$137.08 Million |
|
Freightcar America Inc
NASDAQ:RAIL
|
$137.07 Million |
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.
- Dividend payments of 1,076,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 226,000,000.
- Other factors increased equity by 414,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr142.00 Million | +1.79% |
| Dividends Paid | Skr1.08 Billion | -13.59% |
| Other Comprehensive Income | Skr-226.00 Million | -2.85% |
| Other Changes | Skr414.00 Million | +5.23% |
| Total Change | Skr- | -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: 2.32x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.71x to 2.32x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr69.32 | Skr188.00 | x |
| 2003-12-31 | Skr56.37 | Skr188.00 | x |
| 2004-12-31 | Skr61.93 | Skr188.00 | x |
| 2005-12-31 | Skr62.57 | Skr188.00 | x |
| 2006-12-31 | Skr62.67 | Skr188.00 | x |
| 2007-12-31 | Skr66.46 | Skr188.00 | x |
| 2008-12-31 | Skr62.85 | Skr188.00 | x |
| 2009-12-31 | Skr70.71 | Skr188.00 | x |
| 2010-12-31 | Skr74.78 | Skr188.00 | x |
| 2011-12-31 | Skr76.42 | Skr188.00 | x |
| 2012-12-31 | Skr82.94 | Skr188.00 | x |
| 2013-12-31 | Skr80.24 | Skr188.00 | x |
| 2014-12-31 | Skr82.07 | Skr188.00 | x |
| 2015-12-31 | Skr89.81 | Skr188.00 | x |
| 2016-12-31 | Skr51.37 | Skr188.00 | x |
| 2017-12-31 | Skr51.03 | Skr188.00 | x |
| 2018-12-31 | Skr27.11 | Skr188.00 | x |
| 2019-12-31 | Skr28.19 | Skr188.00 | x |
| 2020-12-31 | Skr36.85 | Skr188.00 | x |
| 2021-12-31 | Skr54.31 | Skr188.00 | x |
| 2022-12-31 | Skr69.13 | Skr188.00 | x |
| 2023-12-31 | Skr75.04 | Skr188.00 | x |
| 2024-12-31 | Skr88.67 | Skr188.00 | x |
| 2025-12-31 | Skr80.95 | Skr188.00 | 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 (22.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 10.93% | 1.82% | 1.28x | 4.69x | Skr69.60 Million |
| 2003 | 6.89% | 0.93% | 1.51x | 4.91x | Skr-190.00 Million |
| 2004 | 13.00% | 1.88% | 1.64x | 4.23x | Skr201.50 Million |
| 2005 | 17.36% | 2.38% | 1.83x | 4.00x | Skr499.50 Million |
| 2006 | 25.10% | 3.05% | 1.83x | 4.50x | Skr1.03 Billion |
| 2007 | 31.18% | 3.85% | 1.71x | 4.73x | Skr1.53 Billion |
| 2008 | 26.71% | 3.17% | 1.59x | 5.32x | Skr1.14 Billion |
| 2009 | 16.46% | 2.44% | 1.73x | 3.91x | Skr495.30 Million |
| 2010 | 18.83% | 3.09% | 1.59x | 3.83x | Skr715.90 Million |
| 2011 | 15.83% | 2.50% | 1.60x | 3.97x | Skr483.40 Million |
| 2012 | 21.11% | 3.31% | 1.47x | 4.34x | Skr996.60 Million |
| 2013 | 22.94% | 3.43% | 1.49x | 4.48x | Skr1.12 Billion |
| 2014 | 20.74% | 3.23% | 1.46x | 4.41x | Skr950.30 Million |
| 2015 | 21.80% | 3.38% | 1.59x | 4.07x | Skr1.14 Billion |
| 2016 | 143.71% | 15.08% | 2.09x | 4.56x | Skr7.42 Billion |
| 2017 | 18.20% | 1.84% | 2.02x | 4.90x | Skr452.40 Million |
| 2018 | -25.79% | -1.32% | 2.12x | 9.21x | Skr-1.05 Billion |
| 2019 | 28.68% | 1.50% | 1.95x | 9.82x | Skr568.60 Million |
| 2020 | 31.70% | 2.33% | 1.89x | 7.19x | Skr861.80 Million |
| 2021 | 25.80% | 2.82% | 1.82x | 5.03x | Skr923.60 Million |
| 2022 | 14.88% | 1.97% | 1.83x | 4.12x | Skr350.70 Million |
| 2023 | 21.48% | 2.76% | 1.78x | 4.36x | Skr840.60 Million |
| 2024 | 18.13% | 2.55% | 1.92x | 3.70x | Skr704.70 Million |
| 2025 | 1.79% | 0.25% | 1.82x | 3.86x | Skr-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: $1,102,473,556
- Average return on equity (ROE) among peers: 9.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NCC AB (publ) (NCC-A) | Skr7.22 Billion | 10.93% | 3.61x | $137.14 Million |
| Afry AB (AFRY) | $380.56 Million | 11.88% | 0.98x | $1.52 Billion |
| Bravida Holding AB (BRAV) | $8.27 Billion | 14.84% | 1.94x | $3.44 Billion |
| Bygg Partner i Dalarna Holding AB (BYGGP) | $74.10 Million | 42.91% | 3.64x | $175.66 Million |
| Fasadgruppen Group AB (FG) | $150.70 Million | 120.90% | 5.44x | $145.42 Million |
| Hexicon AB (HEXI) | $4.79 Million | -188.28% | 4.92x | $4.07 Million |
| Hifab Group AB Series B (HIFA-B) | $60.21 Million | 21.18% | 1.68x | $20.03 Million |
| Hultström Group B (HULT-B) | $60.21 Million | 21.18% | 1.68x | $25.20 Million |
| Infrea AB (INFREA) | $372.30 Million | 12.30% | 0.74x | $39.06 Million |
| Instalco Intressenter AB (INSTAL) | $553.40 Million | 25.30% | 1.76x | $1.20 Billion |
About 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