NCC AB (publ) (NCC-B) - Net Assets
Based on the latest financial reports, NCC AB (publ) (NCC-B) has net assets worth Skr7.50 Billion SEK (≈ $807.55 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 (Skr32.75 Billion ≈ $3.52 Billion USD) and total liabilities (Skr25.25 Billion ≈ $2.72 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. Check NCC-B cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr7.50 Billion |
| % of Total Assets | 22.91% |
| Annual Growth Rate | 0.55% |
| 5-Year Change | 118.1% |
| 10-Year Change | -10.82% |
| Growth Volatility | 19.86 |
NCC AB (publ) - Net Assets Trend (2002–2024)
This chart illustrates how NCC AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore NCC-B current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for NCC AB (publ) (2002–2024)
The table below shows the annual net assets of NCC AB (publ) from 2002 to 2024. For live valuation and market cap data, see NCC AB (publ) stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 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 |
+22.91% |
| 2021-12-31 | Skr5.84 Billion ≈ $628.91 Million |
+47.13% |
| 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 |
-- |
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 569400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr5.69 Billion | 65.73% |
| Common Stock | Skr867.00 Million | 10.01% |
| Other Comprehensive Income | Skr258.00 Million | 2.98% |
| Other Components | Skr1.84 Billion | 21.29% |
| Total Equity | Skr8.66 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 |
|---|---|
|
Nuvoton Technology Corp
TW:4919
|
$1.95 Billion |
|
WHA Corporation Public Company Limited
BK:WHA-R
|
$1.95 Billion |
|
Inner Mongolia Furui Med Sci
SHE:300049
|
$1.95 Billion |
|
Coty Inc
NYSE:COTY
|
$1.95 Billion |
|
NOS S.G.P.S. S.A.
LS:NOS
|
$1.95 Billion |
|
Liberty Media Corporation Series A Liberty Formula One Common Stock
NASDAQ:FWONA
|
$1.95 Billion |
|
Optics Technology Holding Co Ltd
SHE:300489
|
$1.95 Billion |
|
Eris Lifesciences Limited
NSE:ERIS
|
$1.95 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 2023 to 2024, total equity changed from 7,324,000,000 to 8,663,000,000, a change of 1,339,000,000 (18.3%).
- Net income of 1,571,000,000 contributed positively to equity growth.
- Dividend payments of 781,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 123,000,000.
- Other factors increased equity by 426,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr1.57 Billion | +18.13% |
| Dividends Paid | Skr781.00 Million | -9.02% |
| Other Comprehensive Income | Skr123.00 Million | +1.42% |
| Other Changes | Skr426.00 Million | +4.92% |
| Total Change | Skr- | 18.28% |
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: 2.25x
- 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 2.87x to 2.25x 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 | Skr199.20 | x |
| 2003-12-31 | Skr56.37 | Skr199.20 | x |
| 2004-12-31 | Skr61.93 | Skr199.20 | x |
| 2005-12-31 | Skr62.57 | Skr199.20 | x |
| 2006-12-31 | Skr62.67 | Skr199.20 | x |
| 2007-12-31 | Skr66.46 | Skr199.20 | x |
| 2008-12-31 | Skr62.85 | Skr199.20 | x |
| 2009-12-31 | Skr70.71 | Skr199.20 | x |
| 2010-12-31 | Skr74.78 | Skr199.20 | x |
| 2011-12-31 | Skr76.42 | Skr199.20 | x |
| 2012-12-31 | Skr82.94 | Skr199.20 | x |
| 2013-12-31 | Skr80.24 | Skr199.20 | x |
| 2014-12-31 | Skr82.07 | Skr199.20 | x |
| 2015-12-31 | Skr89.81 | Skr199.20 | x |
| 2016-12-31 | Skr51.37 | Skr199.20 | x |
| 2017-12-31 | Skr51.03 | Skr199.20 | x |
| 2018-12-31 | Skr27.11 | Skr199.20 | x |
| 2019-12-31 | Skr28.19 | Skr199.20 | x |
| 2020-12-31 | Skr36.85 | Skr199.20 | x |
| 2021-12-31 | Skr54.31 | Skr199.20 | x |
| 2022-12-31 | Skr69.13 | Skr199.20 | x |
| 2023-12-31 | Skr75.04 | Skr199.20 | x |
| 2024-12-31 | Skr88.67 | Skr199.20 | 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): 18.13%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.55%
- • Asset Turnover: 1.92x
- • Equity Multiplier: 3.70x
- Recent ROE (18.13%) is below the historical average (23.72%), 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 |
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: $1,708,495,600
- Average return on equity (ROE) among peers: 10.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NCC AB (publ) (NCC-B) | Skr7.50 Billion | 10.93% | 3.36x | $1.95 Billion |
| Afry AB (AFRY) | $4.23 Billion | 14.31% | 0.97x | $1.31 Billion |
| Bravida Holding AB (BRAV) | $1.21 Billion | 0.00% | 3.48x | $2.10 Billion |
| Bygg Partner i Dalarna Holding AB (BYGGP) | $154.20 Million | 34.84% | 3.26x | $243.98 Million |
| Fasadgruppen Group AB (FG) | $2.04 Billion | -5.68% | 2.13x | $189.29 Million |
| Hexicon AB (HEXI) | $-285.00 Million | 0.00% | 0.00x | $7.05 Million |
| Hifab Group AB Series B (HIFA-B) | $81.67 Million | 12.56% | 1.48x | $20.03 Million |
| Hultström Group B (HULT-B) | $47.78 Million | 6.14% | 1.93x | $23.60 Million |
| Infrea AB (INFREA) | $685.60 Million | 9.19% | 0.87x | $51.79 Million |
| Instalco Intressenter AB (INSTAL) | $3.39 Billion | 17.73% | 2.16x | $1.11 Billion |
| NCC AB (publ) (NCC-A) | $5.53 Billion | 18.16% | 3.89x | $144.84 Million |
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