AEROVIRONMENT
AEROVIRONMENT operates in Diversified Metals & Mining.
AEROVIRONMENT (JPX) - Net Assets
Latest net assets as of July 2024: €845.54 Million EUR
Based on the latest financial reports, AEROVIRONMENT (JPX) has net assets worth €845.54 Million EUR as of July 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€999.17 Million) and total liabilities (€153.63 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 | €845.54 Million |
| % of Total Assets | 84.62% |
| Annual Growth Rate | 10.84% |
| 5-Year Change | 61.35% |
| 10-Year Change | N/A |
| Growth Volatility | 16.36 |
AEROVIRONMENT - Net Assets Trend (2016–2024)
This chart illustrates how AEROVIRONMENT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AEROVIRONMENT (2016–2024)
The table below shows the annual net assets of AEROVIRONMENT from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | €822.75 Million | +49.33% |
| 2023-04-30 | €550.97 Million | -9.41% |
| 2022-04-30 | €608.21 Million | -0.64% |
| 2021-04-30 | €612.11 Million | +20.04% |
| 2020-04-30 | €509.90 Million | +10.23% |
| 2019-04-30 | €462.57 Million | +12.78% |
| 2018-04-30 | €410.14 Million | +7.31% |
| 2017-04-30 | €382.19 Million | +5.79% |
| 2016-04-30 | €361.26 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AEROVIRONMENT'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 11.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €230.69 Million | 28.04% |
| Other Components | €592.06 Million | 71.96% |
| Total Equity | €822.75 Million | 100.00% |
AEROVIRONMENT Competitors by Market Cap
The table below lists competitors of AEROVIRONMENT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Signing Day Sports, Inc.
NYSE MKT:SGN
|
$2.08 Million |
|
Transocean Holdings Bhd
KLSE:7218
|
$2.08 Million |
|
Eterindo Wahanatama Tbk
JK:ETWA
|
$2.09 Million |
|
Idsud S.A
PA:ALIDS
|
$2.09 Million |
|
MASTEC
BK:MASTEC
|
$2.08 Million |
|
Basin Energy Ltd
AU:BSN
|
$2.08 Million |
|
BALOISE HLDG N
MU:BLON
|
$2.08 Million |
|
Pineapple Express
PINK:PNPL
|
$2.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AEROVIRONMENT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 550,970,000 to 822,745,000, a change of 271,775,000 (49.3%).
- Net income of 59,666,000 contributed positively to equity growth.
- New share issuances of 88,437,000 increased equity.
- Other factors increased equity by 123,672,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €59.67 Million | +7.25% |
| Share Issuances | €88.44 Million | +10.75% |
| Other Changes | €123.67 Million | +15.03% |
| Total Change | €- | 49.33% |
Book Value vs Market Value Analysis
This analysis compares AEROVIRONMENT'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: 7.20x
- 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 decreased from 13.02x to 7.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-04-30 | €16.16 | €210.50 | x |
| 2018-04-30 | €17.15 | €210.50 | x |
| 2019-04-30 | €19.32 | €210.50 | x |
| 2020-04-30 | €21.19 | €210.50 | x |
| 2021-04-30 | €24.70 | €210.50 | x |
| 2022-04-30 | €24.37 | €210.50 | x |
| 2023-04-30 | €21.02 | €210.50 | x |
| 2024-04-30 | €29.24 | €210.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AEROVIRONMENT 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): 7.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.32%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 1.23x
- Recent ROE (7.25%) is above the historical average (0.82%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 2.48% | 3.39% | 0.64x | 1.14x | €-27.16 Million |
| 2017 | 3.27% | 4.71% | 0.61x | 1.13x | €-25.72 Million |
| 2018 | 4.89% | 7.40% | 0.57x | 1.15x | €-20.94 Million |
| 2019 | 10.26% | 15.09% | 0.62x | 1.10x | €1.18 Million |
| 2020 | 8.06% | 11.18% | 0.63x | 1.15x | €-9.92 Million |
| 2021 | 3.81% | 5.91% | 0.43x | 1.52x | €-37.88 Million |
| 2022 | -0.69% | -0.94% | 0.49x | 1.50x | €-64.98 Million |
| 2023 | -31.98% | -32.60% | 0.66x | 1.50x | €-231.31 Million |
| 2024 | 7.25% | 8.32% | 0.71x | 1.23x | €-22.61 Million |
Industry Comparison
This section compares AEROVIRONMENT's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AEROVIRONMENT (JPX) | €845.54 Million | 2.48% | 0.18x | $2.08 Million |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |