Norma Group AG NA O.N. (NOEJ) - Net Assets
Based on the latest financial reports, Norma Group AG NA O.N. (NOEJ) has net assets worth €585.31 Million EUR (≈ $684.29 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.30 Billion ≈ $1.52 Billion USD) and total liabilities (€713.83 Million ≈ $834.54 Million 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 NOEJ capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €585.31 Million |
| % of Total Assets | 45.05% |
| Annual Growth Rate | 15.57% |
| 5-Year Change | 22.37% |
| 10-Year Change | 67.83% |
| Growth Volatility | 56.68 |
Norma Group AG NA O.N. - Net Assets Trend (2007–2024)
This chart illustrates how Norma Group AG NA O.N.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Norma Group AG NA O.N. market capitalisation.
Annual Net Assets for Norma Group AG NA O.N. (2007–2024)
The table below shows the annual net assets of Norma Group AG NA O.N. from 2007 to 2024. Also explore NOEJ net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €721.37 Million ≈ $843.36 Million |
+4.03% |
| 2023-12-31 | €693.44 Million ≈ $810.70 Million |
-1.69% |
| 2022-12-31 | €705.36 Million ≈ $824.64 Million |
+5.50% |
| 2021-12-31 | €668.58 Million ≈ $781.64 Million |
+13.41% |
| 2020-12-31 | €589.51 Million ≈ $689.20 Million |
-6.35% |
| 2019-12-31 | €629.45 Million ≈ $735.90 Million |
+4.48% |
| 2018-12-31 | €602.44 Million ≈ $704.32 Million |
+12.75% |
| 2017-12-31 | €534.32 Million ≈ $624.68 Million |
+10.49% |
| 2016-12-31 | €483.58 Million ≈ $565.36 Million |
+12.51% |
| 2015-12-31 | €429.81 Million ≈ $502.49 Million |
+16.79% |
| 2014-12-31 | €368.01 Million ≈ $430.25 Million |
+15.04% |
| 2013-12-31 | €319.90 Million ≈ $374.00 Million |
+10.95% |
| 2012-12-31 | €288.34 Million ≈ $337.10 Million |
+12.63% |
| 2011-12-31 | €256.00 Million ≈ $299.29 Million |
+226.52% |
| 2010-12-31 | €78.40 Million ≈ $91.66 Million |
+100.37% |
| 2009-12-31 | €39.13 Million ≈ $45.74 Million |
-32.71% |
| 2008-12-31 | €58.15 Million ≈ $67.98 Million |
-5.59% |
| 2007-12-31 | €61.59 Million ≈ $72.01 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Norma Group AG NA O.N.'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 44490000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €444.90 Million | 61.71% |
| Common Stock | €31.86 Million | 4.42% |
| Other Comprehensive Income | €33.91 Million | 4.70% |
| Other Components | €210.32 Million | 29.17% |
| Total Equity | €720.99 Million | 100.00% |
Norma Group AG NA O.N. Competitors by Market Cap
The table below lists competitors of Norma Group AG NA O.N. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fennec Pharmaceuticals Inc
NASDAQ:FENC
|
$422.51 Million |
|
Excelsior Medical Co Ltd
TW:4104
|
$422.54 Million |
|
Shenzhen Changfang Light Emitting
SHE:300301
|
$422.60 Million |
|
ValueHD Corp. A
SHE:301318
|
$422.70 Million |
|
Deva Holding AS
IS:DEVA
|
$422.46 Million |
|
Focus Hotmelt Co. Ltd. A
SHE:301283
|
$422.45 Million |
|
Shanghai CEO Environmental Protection Technology Co Ltd
SHG:688335
|
$422.41 Million |
|
IGG Inc
F:I91
|
$422.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norma Group AG NA O.N.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 693,102,000 to 720,994,000, a change of 27,892,000 (4.0%).
- Net income of 14,696,000 contributed positively to equity growth.
- Dividend payments of 14,338,000 reduced retained earnings.
- Other comprehensive income increased equity by 32,876,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €14.70 Million | +2.04% |
| Dividends Paid | €14.34 Million | -1.99% |
| Other Comprehensive Income | €32.88 Million | +4.56% |
| Other Changes | €-5.34 Million | -0.74% |
| Total Change | €- | 4.02% |
Book Value vs Market Value Analysis
This analysis compares Norma Group AG NA O.N.'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: 0.88x
- 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 17.52x to 0.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | €1.13 | €19.82 | x |
| 2010-12-31 | €3.03 | €19.82 | x |
| 2011-12-31 | €8.52 | €19.82 | x |
| 2012-12-31 | €9.02 | €19.82 | x |
| 2013-12-31 | €9.97 | €19.82 | x |
| 2014-12-31 | €11.43 | €19.82 | x |
| 2015-12-31 | €13.46 | €19.82 | x |
| 2016-12-31 | €15.15 | €19.82 | x |
| 2017-12-31 | €16.69 | €19.82 | x |
| 2018-12-31 | €18.85 | €19.82 | x |
| 2019-12-31 | €19.71 | €19.82 | x |
| 2020-12-31 | €18.50 | €19.82 | x |
| 2021-12-31 | €20.97 | €19.82 | x |
| 2022-12-31 | €22.13 | €19.82 | x |
| 2023-12-31 | €21.75 | €19.82 | x |
| 2024-12-31 | €22.63 | €19.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norma Group AG NA O.N. 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): 2.04%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.27%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.99x
- Recent ROE (2.04%) is below the historical average (9.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -50.01% | -5.47% | 0.70x | 13.03x | €-21.63 Million |
| 2010 | 40.21% | 6.17% | 0.85x | 7.69x | €22.73 Million |
| 2011 | 13.96% | 6.14% | 0.90x | 2.54x | €10.13 Million |
| 2012 | 19.69% | 9.36% | 0.87x | 2.41x | €27.84 Million |
| 2013 | 17.42% | 8.74% | 0.77x | 2.58x | €23.67 Million |
| 2014 | 14.91% | 7.88% | 0.64x | 2.94x | €18.02 Million |
| 2015 | 17.18% | 8.28% | 0.76x | 2.72x | €30.79 Million |
| 2016 | 15.69% | 8.46% | 0.67x | 2.77x | €27.47 Million |
| 2017 | 22.50% | 11.77% | 0.78x | 2.47x | €66.47 Million |
| 2018 | 15.29% | 8.47% | 0.74x | 2.45x | €31.80 Million |
| 2019 | 9.30% | 5.31% | 0.73x | 2.41x | €-4.37 Million |
| 2020 | 0.96% | 0.60% | 0.67x | 2.40x | €-53.26 Million |
| 2021 | 8.37% | 5.12% | 0.73x | 2.24x | €-10.89 Million |
| 2022 | 5.54% | 3.14% | 0.80x | 2.21x | €-31.44 Million |
| 2023 | 4.02% | 2.28% | 0.82x | 2.15x | €-41.48 Million |
| 2024 | 2.04% | 1.27% | 0.80x | 1.99x | €-57.40 Million |
Industry Comparison
This section compares Norma Group AG NA O.N.'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $12,136,378,868
- Average return on equity (ROE) among peers: 7.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norma Group AG NA O.N. (NOEJ) | €585.31 Million | -50.01% | 1.22x | $422.50 Million |
| Aurubis AG (NDA) | $1.99 Billion | 6.12% | 1.02x | $7.37 Billion |
| AURUBIS AG UNSP.ADR 1/2 (NDA1) | $4.56 Billion | 9.13% | 0.72x | $7.45 Billion |
| China International Marine Containers (Group) Co. Ltd (OCM) | $53.85 Billion | 9.93% | 1.71x | $3.05 Billion |
| SIMONA AG O.N. (SIM0) | $262.04 Million | 14.13% | 0.94x | $339.00 Million |
| Schulte-Schlagbaum AG (SSS) | $18.88 Million | -0.77% | 0.65x | $13.88 Million |
About Norma Group AG NA O.N.
NORMA Group SE, together with its subsidiaries, manufactures and sells engineered joining technology solutions in Europe, the Middle East, Africa, the Americas, and the Asia-Pacific. The company provides quick connectors, hose clamps, retaining clamps, and pipe couplings. It also offers various products for stormwater management, landscape irrigation, flow management, and joining components for w… Read more