Noratis AG
Noratis AG, a real estate company, invests in, develops, manages, and sells residential property portfolios in Germany. It primarily focuses on a portfolio of apartments and residential areas. The company also invests in retail store properties. Noratis AG was founded in 2002 and is based in Eschborn, Germany.
Noratis AG (NUVA) - Net Assets
Latest net assets as of June 2025: €54.47 Million EUR
Based on the latest financial reports, Noratis AG (NUVA) has net assets worth €54.47 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€401.77 Million) and total liabilities (€347.30 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 | €54.47 Million |
| % of Total Assets | 13.56% |
| Annual Growth Rate | 45.61% |
| 5-Year Change | -19.47% |
| 10-Year Change | 1485.48% |
| Growth Volatility | 105.42 |
Noratis AG - Net Assets Trend (2014–2024)
This chart illustrates how Noratis AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Noratis AG (2014–2024)
The table below shows the annual net assets of Noratis AG from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €59.80 Million | -30.20% |
| 2023-12-31 | €85.68 Million | -1.36% |
| 2022-12-31 | €86.86 Million | +6.84% |
| 2021-12-31 | €81.30 Million | +9.47% |
| 2020-12-31 | €74.26 Million | +41.18% |
| 2019-12-31 | €52.60 Million | +6.34% |
| 2018-12-31 | €49.46 Million | +68.96% |
| 2017-12-31 | €29.27 Million | +340.88% |
| 2016-12-31 | €6.64 Million | +76.05% |
| 2015-12-31 | €3.77 Million | +170.37% |
| 2014-12-31 | €1.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Noratis AG'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 1128.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €8.64 Million | 14.44% |
| Other Components | €60.34 Million | 100.89% |
| Total Equity | €59.81 Million | 100.00% |
Noratis AG Competitors by Market Cap
The table below lists competitors of Noratis AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RH Inc.
BE:RS1
|
$1.51 Million |
|
C.H.ROBINSON WLDWDE
HM:CH1A
|
$1.51 Million |
|
Orphazyme A/S
PINK:OZYMF
|
$1.51 Million |
|
C.H.ROBINSON WLDWDE - Dusseldorf Stock Exchang
DU:CH1A
|
$1.51 Million |
|
ISC Fresh Water Investment SOCIMI SA
MC:YISC
|
$1.51 Million |
|
Umbra Companies Inc
PINK:UCIX
|
$1.51 Million |
|
Buhler Industries Inc
PINK:BIIAF
|
$1.51 Million |
|
STC Concrete Product Public Company Limited
BK:STC
|
$1.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Noratis AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 85,311,000 to 59,810,000, a change of -25,501,000 (-29.9%).
- Net loss of 28,054,000 reduced equity.
- Dividend payments of 21,000 reduced retained earnings.
- New share issuances of 2,691,000 increased equity.
- Other comprehensive income decreased equity by 59,231,000.
- Other factors increased equity by 59,114,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-28.05 Million | -46.91% |
| Dividends Paid | €21.00K | -0.04% |
| Share Issuances | €2.69 Million | +4.5% |
| Other Comprehensive Income | €-59.23 Million | -99.03% |
| Other Changes | €59.11 Million | +98.84% |
| Total Change | €- | -29.89% |
Book Value vs Market Value Analysis
This analysis compares Noratis AG'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: 0.03x
- 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 0.43x to 0.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | €0.46 | €0.20 | x |
| 2015-12-31 | €1.26 | €0.20 | x |
| 2016-12-31 | €2.21 | €0.20 | x |
| 2017-12-31 | €9.94 | €0.20 | x |
| 2018-12-31 | €13.67 | €0.20 | x |
| 2019-12-31 | €13.40 | €0.20 | x |
| 2020-12-31 | €16.97 | €0.20 | x |
| 2021-12-31 | €15.54 | €0.20 | x |
| 2022-12-31 | €16.61 | €0.20 | x |
| 2023-12-31 | €17.23 | €0.20 | x |
| 2024-12-31 | €7.97 | €0.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Noratis AG 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): -46.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -41.71%
- • Asset Turnover: 0.16x
- • Equity Multiplier: 6.95x
- Recent ROE (-46.91%) is below the historical average (16.30%), 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 | 57.77% | 4.81% | 0.34x | 35.14x | €664.94K |
| 2015 | 28.55% | 4.52% | 0.26x | 24.58x | €699.53K |
| 2016 | 63.36% | 9.39% | 0.51x | 13.18x | €3.54 Million |
| 2017 | 29.84% | 12.74% | 0.53x | 4.40x | €5.76 Million |
| 2018 | 18.77% | 16.47% | 0.26x | 4.35x | €4.32 Million |
| 2019 | 15.76% | 10.85% | 0.29x | 4.98x | €3.02 Million |
| 2020 | 3.77% | 9.70% | 0.08x | 4.98x | €-4.59 Million |
| 2021 | 11.71% | 12.81% | 0.17x | 5.53x | €1.38 Million |
| 2022 | 9.53% | 9.58% | 0.17x | 5.73x | €-409.20K |
| 2023 | -12.82% | -18.00% | 0.13x | 5.53x | €-19.47 Million |
| 2024 | -46.91% | -41.71% | 0.16x | 6.95x | €-34.03 Million |
Industry Comparison
This section compares Noratis AG's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $1,150,334,698,800
- Average return on equity (ROE) among peers: -10.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Noratis AG (NUVA) | €54.47 Million | 57.77% | 6.38x | $1.51 Million |
| AGUNG PODOMORO (2AG.SG) (2AG) | $11.36 Trillion | -1.20% | 1.68x | $1.33 Million |
| Zhong An Group Limited (35Z) | $7.55 Billion | 5.57% | 1.92x | $17.05 Million |
| Cham Swiss Properties AG (4U3) | $349.67 Million | 1.98% | 0.29x | $848.13 Million |
| CIFI Holdings (Group) Co. Ltd (6CI) | $86.18 Billion | -15.02% | 3.48x | $26.44 Million |
| Agile Group Holdings Limited (A8P) | $44.18 Billion | 14.71% | 2.70x | $45.46 Million |
| Arco Vara AS (AV1) | $17.96 Million | 11.53% | 0.75x | $6.48 Million |
| Bukit Sembawang Estates Limited (B1W1) | $1.23 Billion | 9.03% | 0.08x | $456.38 Million |
| Coastal Greenland Limited (CGR0) | $2.80 Billion | -15.22% | 1.42x | $4.47 Million |
| China Changbaishan International Holdings Limited (CL70) | $44.54 Million | -127.88% | 45.52x | $14.69 Million |
| Cheuk Nang (Holdings) Limited (CQH3) | $5.77 Billion | 7.64% | 0.54x | $21.64 Million |