SOFTCHOICE CORP.
Softchoice Corporation designs, procures, implements, and manages information technology (IT) solutions in Canada and the United States. The company offers cloud and data center solutions, such as data center and application modernization; collaboration and digital workplace solutions comprising secure access, and adoption and change management; IT asset management solutions, including software a… Read more
SOFTCHOICE CORP. (90Q) - Net Assets
Latest net assets as of September 2022: €38.37 Million EUR
Based on the latest financial reports, SOFTCHOICE CORP. (90Q) has net assets worth €38.37 Million EUR as of September 2022.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€591.23 Million) and total liabilities (€552.86 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 | €38.37 Million |
| % of Total Assets | 6.49% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
SOFTCHOICE CORP. - Net Assets Trend (2020–2021)
This chart illustrates how SOFTCHOICE CORP.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SOFTCHOICE CORP. (2020–2021)
The table below shows the annual net assets of SOFTCHOICE CORP. from 2020 to 2021.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | €58.23 Million | +311.97% |
| 2020-12-31 | €-27.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SOFTCHOICE CORP.'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €58.23 Million | 100.00% |
| Total Equity | €58.23 Million | 100.00% |
SOFTCHOICE CORP. Competitors by Market Cap
The table below lists competitors of SOFTCHOICE CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DCM Shriram Limited
NSE:DCMSHRIRAM
|
$470.54 Million |
|
Regulus Therapeutics Inc
NASDAQ:RGLS
|
$470.59 Million |
|
INVESTIS HOLDING SF-,10
F:IYP
|
$470.95 Million |
|
Jilin Yatai Group Co Ltd
SHG:600881
|
$470.97 Million |
|
Xiamen Voke Mold & Plastic Engineering Co. Ltd.
SHE:301196
|
$470.25 Million |
|
Hangzhou CNCR-IT Co Ltd
SHE:300250
|
$470.16 Million |
|
Guangxi Radio and Television Information Network Corp Ltd
SHG:600936
|
$470.13 Million |
|
TOUR EIFFEL INH. EO 5
F:UVA
|
$470.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SOFTCHOICE CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from -25,391,000 to 58,230,000, a change of 83,621,000.
- Net loss of 11,506,000 reduced equity.
- Dividend payments of 4,415,000 reduced retained earnings.
- Share repurchases of 10,749,000 reduced equity.
- New share issuances of 81,076,000 increased equity.
- Other factors increased equity by 29,215,000.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-11.51 Million | -19.76% |
| Dividends Paid | €4.42 Million | -7.58% |
| Share Repurchases | €10.75 Million | -18.46% |
| Share Issuances | €81.08 Million | +139.23% |
| Other Changes | €29.21 Million | +50.17% |
| Total Change | €- | % |
Book Value vs Market Value Analysis
This analysis compares SOFTCHOICE CORP.'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: 15.95x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | €-0.43 | €15.60 | x |
| 2021-12-31 | €0.98 | €15.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SOFTCHOICE CORP. 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): -19.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.27%
- • Asset Turnover: 1.41x
- • Equity Multiplier: 11.01x
- Recent ROE (-19.76%) is below the historical average (-9.88%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -0.06% | 1.39x | 0.00x | €2.06 Million |
| 2021 | -19.76% | -1.27% | 1.41x | 11.01x | €-17.33 Million |
Industry Comparison
This section compares SOFTCHOICE CORP.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SOFTCHOICE CORP. (90Q) | €38.37 Million | 0.00% | 14.41x | $470.36 Million |
| Hanna Capital Corp (04U1) | $-79.29K | 0.00% | 0.00x | $116.52K |
| WESTMINSTER RES (08W) | $4.66 Million | -31.33% | 0.12x | $5.16 Million |
| Axonics Inc (0I3) | $570.14 Million | -10.47% | 0.16x | $3.29 Billion |
| Global Bioenergies SA (1DK) | $14.81 Million | -86.04% | 0.89x | $369.68K |
| GIEAG Immobilien AG (2GI) | $41.80 Million | 40.21% | 8.93x | $15.57K |
| 2invest AG (2INV) | $82.61 Million | -2.29% | 0.06x | $13.67 Million |
| PT Central Proteina Prima Tbk (4PT) | $3.42 Trillion | 11.74% | 1.00x | $6.90 Million |
| DGH Deutsche Grundwert Holding AG (5TR) | $0.00 | 0.00% | 0.00x | $18.45K |
| ALBA SE (ABA) | $142.95 Million | 5.25% | 0.45x | $5.10 Million |