Novaturas AB
Novaturas AB, together with its subsidiaries, engages in the tour operator and travel agency activities in Lithuania, Latvia, and Estonia. It operates through the Flight Packages, Sightseeing Tours by Plane, Sightseeing Tours by Coach, and Other segments. The company offers summer and winter holiday packages, as well as sightseeing tours by coach and aircraft to various destinations. It also prov… Read more
Novaturas AB (NTU) - Net Assets
Latest net assets as of June 2025: zł7.23 Million PLN
Based on the latest financial reports, Novaturas AB (NTU) has net assets worth zł7.23 Million PLN as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł42.07 Million) and total liabilities (zł34.84 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 | zł7.23 Million |
| % of Total Assets | 17.18% |
| Annual Growth Rate | -7.48% |
| 5-Year Change | 4.65% |
| 10-Year Change | -4.32% |
| Growth Volatility | 25.39 |
Novaturas AB - Net Assets Trend (2014–2024)
This chart illustrates how Novaturas AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Novaturas AB (2014–2024)
The table below shows the annual net assets of Novaturas AB from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł14.40 Million | -19.72% |
| 2023-12-31 | zł17.94 Million | +25.68% |
| 2022-12-31 | zł14.27 Million | -5.40% |
| 2021-12-31 | zł15.09 Million | +9.64% |
| 2020-12-31 | zł13.76 Million | -31.72% |
| 2019-12-31 | zł20.15 Million | +40.28% |
| 2018-12-31 | zł14.37 Million | -2.06% |
| 2017-12-31 | zł14.67 Million | -7.35% |
| 2016-12-31 | zł15.83 Million | +5.20% |
| 2015-12-31 | zł15.05 Million | -51.98% |
| 2014-12-31 | zł31.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Novaturas AB'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 60.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł12.93 Million | 89.76% |
| Common Stock | zł234.00K | 1.62% |
| Other Components | zł1.24 Million | 8.62% |
| Total Equity | zł14.40 Million | 100.00% |
Novaturas AB Competitors by Market Cap
The table below lists competitors of Novaturas AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Idico Urban and House Development JSC
VN:UIC
|
$6.63 Million |
|
KSG Agro SA
WAR:KSG
|
$6.63 Million |
|
Housing Development and Infrastructure Limited
NSE:HDIL
|
$6.63 Million |
|
CHECKIT PLC (P.RE.) LS-05
F:EKC1
|
$6.63 Million |
|
Imexhs Ltd
AU:IME
|
$6.62 Million |
|
Kukil Metal Co. Ltd
KQ:060480
|
$6.62 Million |
|
Bank Amar Indonesia
JK:AMAR
|
$6.61 Million |
|
Camplify Holdings Ltd
AU:CHL
|
$6.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novaturas AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 17,939,000 to 14,401,000, a change of -3,538,000 (-19.7%).
- Net loss of 2,514,000 reduced equity.
- Other comprehensive income decreased equity by 144,999.
- Other factors decreased equity by 879,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-2.51 Million | -17.46% |
| Other Comprehensive Income | zł-145.00K | -1.01% |
| Other Changes | zł-879.00K | -6.1% |
| Total Change | zł- | -19.72% |
Book Value vs Market Value Analysis
This analysis compares Novaturas AB'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: 3.71x
- 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 increased from 1.72x to 3.71x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | zł4.01 | zł6.90 | x |
| 2015-12-31 | zł1.93 | zł6.90 | x |
| 2016-12-31 | zł2.03 | zł6.90 | x |
| 2017-12-31 | zł1.88 | zł6.90 | x |
| 2018-12-31 | zł1.84 | zł6.90 | x |
| 2019-12-31 | zł2.58 | zł6.90 | x |
| 2020-12-31 | zł1.76 | zł6.90 | x |
| 2021-12-31 | zł1.93 | zł6.90 | x |
| 2022-12-31 | zł1.83 | zł6.90 | x |
| 2023-12-31 | zł2.30 | zł6.90 | x |
| 2024-12-31 | zł1.86 | zł6.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novaturas AB 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): -17.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.25%
- • Asset Turnover: 4.33x
- • Equity Multiplier: 3.22x
- Recent ROE (-17.46%) is below the historical average (12.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 13.46% | 4.64% | 2.09x | 1.39x | zł1.08 Million |
| 2015 | 14.89% | 2.26% | 2.37x | 2.77x | zł735.90K |
| 2016 | 28.18% | 4.39% | 2.29x | 2.80x | zł2.88 Million |
| 2017 | 55.57% | 5.77% | 2.80x | 3.44x | zł6.68 Million |
| 2018 | 37.69% | 2.97% | 3.81x | 3.33x | zł3.98 Million |
| 2019 | 20.91% | 2.34% | 3.64x | 2.45x | zł2.20 Million |
| 2020 | -41.78% | -17.48% | 0.73x | 3.30x | zł-7.13 Million |
| 2021 | 6.02% | 0.83% | 2.44x | 2.96x | zł-599.80K |
| 2022 | -5.06% | -0.37% | 3.52x | 3.92x | zł-2.15 Million |
| 2023 | 20.00% | 1.72% | 4.18x | 2.78x | zł1.79 Million |
| 2024 | -17.46% | -1.25% | 4.33x | 3.22x | zł-3.95 Million |
Industry Comparison
This section compares Novaturas AB's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $49,517,000
- Average return on equity (ROE) among peers: 27.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novaturas AB (NTU) | zł7.23 Million | 13.46% | 4.82x | $6.62 Million |
| Rainbow Tours SA (RBW) | $49.52 Million | 27.56% | 2.12x | $233.30 Million |