Floyd Public Company Limited (FLOYD) - Net Assets
Based on the latest financial reports, Floyd Public Company Limited (FLOYD) has net assets worth ฿538.38 Million THB (≈ $16.78 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿661.50 Million ≈ $20.62 Million USD) and total liabilities (฿123.12 Million ≈ $3.84 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 how tangible is Floyd Public Company Limited's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ฿538.38 Million |
| % of Total Assets | 81.39% |
| Annual Growth Rate | 22.78% |
| 5-Year Change | 30.59% |
| 10-Year Change | 96.46% |
| Growth Volatility | 39.28 |
Floyd Public Company Limited - Net Assets Trend (2013–2025)
This chart illustrates how Floyd Public Company Limited's net assets have evolved over time, based on quarterly financial data. See Floyd Public Company Limited (FLOYD) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Floyd Public Company Limited (2013–2025)
The table below shows the annual net assets of Floyd Public Company Limited from 2013 to 2025. For live valuation and market cap data, see Floyd Public Company Limited (FLOYD) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿538.38 Million ≈ $16.78 Million |
+7.13% |
| 2024-12-31 | ฿502.55 Million ≈ $15.66 Million |
+9.63% |
| 2023-12-31 | ฿458.39 Million ≈ $14.29 Million |
+4.25% |
| 2022-12-31 | ฿439.70 Million ≈ $13.71 Million |
+6.66% |
| 2021-12-31 | ฿412.26 Million ≈ $12.85 Million |
+1.32% |
| 2020-12-31 | ฿406.90 Million ≈ $12.68 Million |
-5.25% |
| 2019-12-31 | ฿429.43 Million ≈ $13.39 Million |
-0.58% |
| 2018-12-31 | ฿431.94 Million ≈ $13.46 Million |
+5.47% |
| 2017-12-31 | ฿409.55 Million ≈ $12.77 Million |
+49.45% |
| 2016-12-31 | ฿274.04 Million ≈ $8.54 Million |
+73.50% |
| 2015-12-31 | ฿157.95 Million ≈ $4.92 Million |
+49.08% |
| 2014-12-31 | ฿105.95 Million ≈ $3.30 Million |
+130.99% |
| 2013-12-31 | ฿45.87 Million ≈ $1.43 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Floyd Public Company Limited'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 355.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿100.79 Million | 18.72% |
| Other Components | ฿437.59 Million | 81.28% |
| Total Equity | ฿538.38 Million | 100.00% |
Floyd Public Company Limited Competitors by Market Cap
The table below lists competitors of Floyd Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forgame Holdings Limited
F:FH0
|
$14.27 Million |
|
Cowell Development Tbk
JK:COWL
|
$14.27 Million |
|
HENGYANG PETROCHEM (5HY.SG)
STU:5HY
|
$14.27 Million |
|
MDJM Ltd
NASDAQ:UOKA
|
$14.28 Million |
|
Nuriplan Co. Ltd
KQ:069140
|
$14.27 Million |
|
Spirent Communications plc
LSE:SPT
|
$14.25 Million |
|
Cyclacel Pharmaceuticals Inc
NASDAQ:CYCC
|
$14.25 Million |
|
GENENTA SCIENCE(SP.ADR)/1
F:K5F
|
$14.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Floyd Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 502,554,795 to 538,376,265, a change of 35,821,470 (7.1%).
- Net income of 72,255,784 contributed positively to equity growth.
- Dividend payments of 35,532,065 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿72.26 Million | +13.42% |
| Dividends Paid | ฿35.53 Million | -6.6% |
| Other Changes | ฿-902.25K | -0.17% |
| Total Change | ฿- | 7.13% |
Book Value vs Market Value Analysis
This analysis compares Floyd Public Company Limited'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: 0.85x
- 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 increased from 0.47x to 0.85x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | ฿2.20 | ฿1.03 | x |
| 2014-12-31 | ฿0.26 | ฿1.03 | x |
| 2015-12-31 | ฿0.39 | ฿1.03 | x |
| 2016-12-31 | ฿0.69 | ฿1.03 | x |
| 2017-12-31 | ฿1.28 | ฿1.03 | x |
| 2018-12-31 | ฿1.08 | ฿1.03 | x |
| 2019-12-31 | ฿1.07 | ฿1.03 | x |
| 2020-12-31 | ฿1.02 | ฿1.03 | x |
| 2021-12-31 | ฿1.03 | ฿1.03 | x |
| 2022-12-31 | ฿1.10 | ฿1.03 | x |
| 2023-12-31 | ฿1.03 | ฿1.03 | x |
| 2024-12-31 | ฿1.13 | ฿1.03 | x |
| 2025-12-31 | ฿1.21 | ฿1.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Floyd Public Company Limited 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): 13.42%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.97%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.23x
- Recent ROE (13.42%) is below the historical average (16.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 41.92% | 1.98% | 2.69x | 7.84x | ฿8.65 Million |
| 2014 | 33.42% | 8.21% | 2.24x | 1.82x | ฿24.82 Million |
| 2015 | 41.92% | 14.39% | 1.91x | 1.53x | ฿50.41 Million |
| 2016 | 42.29% | 21.35% | 1.35x | 1.47x | ฿88.49 Million |
| 2017 | 4.60% | 6.07% | 0.63x | 1.20x | ฿-22.10 Million |
| 2018 | 10.19% | 10.88% | 0.71x | 1.32x | ฿802.25K |
| 2019 | 7.65% | 8.92% | 0.73x | 1.18x | ฿-10.08 Million |
| 2020 | 2.42% | 4.01% | 0.52x | 1.15x | ฿-30.82 Million |
| 2021 | 1.30% | 1.42% | 0.76x | 1.20x | ฿-35.86 Million |
| 2022 | 5.48% | 7.76% | 0.57x | 1.24x | ฿-19.89 Million |
| 2023 | 4.56% | 5.25% | 0.72x | 1.20x | ฿-24.93 Million |
| 2024 | 9.28% | 7.43% | 0.92x | 1.36x | ฿-3.62 Million |
| 2025 | 13.42% | 8.97% | 1.22x | 1.23x | ฿18.42 Million |
Industry Comparison
This section compares Floyd Public Company Limited's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $7,617,220,104
- Average return on equity (ROE) among peers: 8.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Floyd Public Company Limited (FLOYD) | ฿538.38 Million | 41.92% | 0.23x | $14.27 Million |
| Asia Precision Public Company Limited (APCS) | $1.73 Billion | -3.33% | 0.98x | $29.62 Million |
| CH. Karnchang PCL (CK) | $23.87 Billion | 7.58% | 2.32x | $1.02 Billion |
| CH. Karnchang Public Company Limited (CK-R) | $26.11 Billion | 3.47% | 2.20x | $874.67 Million |
| Christiani & Nielsen (Thai) Public Company Limited (CNT) | $2.09 Billion | 3.50% | 2.22x | $52.54 Million |
| Chiangmai Rimdoi Public Company Limited (CRD) | $485.68 Million | 6.18% | 0.87x | $6.55 Million |
| Demco Public Company Limited (DEMCO) | $3.17 Billion | 1.10% | 0.89x | $70.22 Million |
| EMC Public Company Limited (EMC) | $597.06 Million | 3.60% | 1.29x | $7.84 Million |
| Hydrotek Public Company Limited (HYDRO) | $137.82 Million | 61.64% | 4.46x | $6.02 Million |
| Italian-Thai Development Public Company Limited (ITD) | $10.37 Billion | -10.34% | 10.30x | $59.24 Million |
About Floyd Public Company Limited
Floyd Public Company Limited engages in the installation of utility and fire suppression systems in Thailand. The company offers mechanical systems, including air conditioning and ventilation (HVAC), fire protection and extinguishing, and temperature and humidity control system; electrical and communication systems, such as high and low voltage distribution, uninterruptible power, telecommunicati… Read more