PennyMac Financial Services Inc
PennyMac Financial Services, Inc., through its subsidiaries, engages in the mortgage banking and investment management activities in the United States. The company operates through two segments, Production and Servicing. The Production segment is involved in the origination, acquisition, and sale of loans. This segment sources residential conventional and government-insured or guaranteed mortgage… Read more
PennyMac Financial Services Inc (1AC) - Net Assets
Latest net assets as of September 2025: €4.21 Billion EUR
Based on the latest financial reports, PennyMac Financial Services Inc (1AC) has net assets worth €4.21 Billion EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€25.40 Billion) and total liabilities (€21.19 Billion). 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 | €4.21 Billion |
| % of Total Assets | 16.57% |
| Annual Growth Rate | 13.41% |
| 5-Year Change | 12.99% |
| 10-Year Change | N/A |
| Growth Volatility | 21.06 |
PennyMac Financial Services Inc - Net Assets Trend (2016–2024)
This chart illustrates how PennyMac Financial Services Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PennyMac Financial Services Inc (2016–2024)
The table below shows the annual net assets of PennyMac Financial Services Inc from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €3.83 Billion | +8.22% |
| 2023-12-31 | €3.54 Billion | +1.95% |
| 2022-12-31 | €3.47 Billion | +1.54% |
| 2021-12-31 | €3.42 Billion | +0.85% |
| 2020-12-31 | €3.39 Billion | +64.41% |
| 2019-12-31 | €2.06 Billion | +24.65% |
| 2018-12-31 | €1.65 Billion | -3.83% |
| 2017-12-31 | €1.72 Billion | +22.89% |
| 2016-12-31 | €1.40 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PennyMac Financial Services Inc'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 2193.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €3.77 Billion | 98.54% |
| Other Components | €56.08 Million | 1.46% |
| Total Equity | €3.83 Billion | 100.00% |
PennyMac Financial Services Inc Competitors by Market Cap
The table below lists competitors of PennyMac Financial Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sumitomo Rubber Industries Ltd
F:108
|
$2.09 Billion |
|
Holitech Technology Co Ltd
SHE:002217
|
$2.09 Billion |
|
Syntec Technology Co., Ltd.
TW:7750
|
$2.09 Billion |
|
Dave Inc
NASDAQ:DAVE
|
$2.09 Billion |
|
GE T&D India Limited
NSE:GET&D
|
$2.09 Billion |
|
Emlak Konut Gayrimenkul Yatirim Ortakligi AS
IS:EKGYO
|
$2.09 Billion |
|
Henan Mingtai Al.Industrial Co Ltd
SHG:601677
|
$2.08 Billion |
|
Kinetik Holdings Inc
NYSE:KNTK
|
$2.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PennyMac Financial Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,538,603,000 to 3,829,651,000, a change of 291,048,000 (8.2%).
- Net income of 311,423,000 contributed positively to equity growth.
- Dividend payments of 52,160,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €311.42 Million | +8.13% |
| Dividends Paid | €52.16 Million | -1.36% |
| Other Changes | €31.79 Million | +0.83% |
| Total Change | €- | 8.22% |
Book Value vs Market Value Analysis
This analysis compares PennyMac Financial Services Inc'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: 0.99x
- 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 3.71x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €19.95 | €74.00 | x |
| 2018-12-31 | €21.34 | €74.00 | x |
| 2019-12-31 | €26.26 | €74.00 | x |
| 2020-12-31 | €47.80 | €74.00 | x |
| 2021-12-31 | €60.11 | €74.00 | x |
| 2022-12-31 | €69.44 | €74.00 | x |
| 2023-12-31 | €70.52 | €74.00 | x |
| 2024-12-31 | €74.54 | €74.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PennyMac Financial Services Inc 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): 8.13%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.91%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 6.81x
- Recent ROE (8.13%) is below the historical average (18.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 19.03% | 6.37% | 0.20x | 14.78x | €31.35 Million |
| 2017 | 21.46% | 9.16% | 0.15x | 15.70x | €53.82 Million |
| 2018 | 5.30% | 7.77% | 0.15x | 4.52x | €-77.69 Million |
| 2019 | 19.06% | 23.26% | 0.17x | 4.95x | €186.81 Million |
| 2020 | 48.59% | 41.41% | 0.13x | 9.32x | €1.31 Billion |
| 2021 | 29.36% | 28.20% | 0.19x | 5.49x | €661.66 Million |
| 2022 | 13.70% | 24.17% | 0.12x | 4.85x | €128.40 Million |
| 2023 | 4.09% | 7.09% | 0.11x | 5.33x | €-209.20 Million |
| 2024 | 8.13% | 12.91% | 0.09x | 6.81x | €-71.54 Million |
Industry Comparison
This section compares PennyMac Financial Services Inc's net assets metrics with peer companies in the Mortgage Finance industry.
No peer company data available for comparison.