II-VI Inc.
Coherent Corp. develops, manufactures, and markets engineered materials, optoelectronic components and devices, and optical and laser systems and subsystems for the use in the industrial, communications, electronics, and instrumentation markets worldwide. It operates through three segments: Networking, Materials, and Lasers. The Networking segment offers telecommunication products for fiber-optic… Read more
II-VI Inc. (0LHO) - Net Assets
Latest net assets as of December 2024: $7.97 Billion USD
Based on the latest financial reports, II-VI Inc. (0LHO) has net assets worth $7.97 Billion USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($14.20 Billion) and total liabilities ($6.23 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 | $7.97 Billion |
| % of Total Assets | 56.1% |
| Annual Growth Rate | 21.67% |
| 5-Year Change | 282.62% |
| 10-Year Change | 989.9% |
| Growth Volatility | 26.48 |
II-VI Inc. - Net Assets Trend (1986–2024)
This chart illustrates how II-VI 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 II-VI Inc. (1986–2024)
The table below shows the annual net assets of II-VI Inc. from 1986 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $7.95 Billion | +9.92% |
| 2023-06-30 | $7.23 Billion | +64.92% |
| 2022-06-30 | $4.38 Billion | +6.07% |
| 2021-06-30 | $4.13 Billion | +98.98% |
| 2020-06-30 | $2.08 Billion | +83.27% |
| 2019-06-30 | $1.13 Billion | +10.63% |
| 2018-06-30 | $1.02 Billion | +13.74% |
| 2017-06-30 | $900.56 Million | +15.11% |
| 2016-06-30 | $782.34 Million | +7.30% |
| 2015-06-30 | $729.08 Million | +8.01% |
| 2014-06-30 | $675.04 Million | +6.12% |
| 2013-06-30 | $636.11 Million | +7.56% |
| 2012-06-30 | $591.39 Million | +13.05% |
| 2011-06-30 | $523.10 Million | +27.32% |
| 2010-06-30 | $410.86 Million | +27.45% |
| 2009-06-30 | $322.38 Million | +11.12% |
| 2008-06-30 | $290.13 Million | +32.21% |
| 2007-06-30 | $219.44 Million | +28.64% |
| 2006-06-30 | $170.59 Million | +7.38% |
| 2005-06-30 | $158.87 Million | +20.47% |
| 2004-06-30 | $131.87 Million | +18.24% |
| 2003-06-30 | $111.52 Million | +14.19% |
| 2002-06-30 | $97.66 Million | +9.22% |
| 2001-06-30 | $89.41 Million | +35.82% |
| 2000-06-30 | $65.83 Million | +20.79% |
| 1999-06-30 | $54.50 Million | +8.78% |
| 1998-06-30 | $50.10 Million | +17.88% |
| 1997-06-30 | $42.50 Million | +23.55% |
| 1996-06-30 | $34.40 Million | +102.35% |
| 1995-06-30 | $17.00 Million | +19.72% |
| 1994-06-30 | $14.20 Million | +7.58% |
| 1993-06-30 | $13.20 Million | -1.49% |
| 1992-06-30 | $13.40 Million | +6.35% |
| 1991-06-30 | $12.60 Million | +4.13% |
| 1990-06-30 | $12.10 Million | +9.01% |
| 1989-06-30 | $11.10 Million | +18.09% |
| 1988-06-30 | $9.40 Million | +88.00% |
| 1987-06-30 | $5.00 Million | +8.70% |
| 1986-06-30 | $4.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to II-VI 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 15731.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $664.94 Million | 8.78% |
| Common Stock | $4.86 Billion | 64.13% |
| Other Comprehensive Income | $2.64 Million | 0.03% |
| Other Components | $2.05 Billion | 27.06% |
| Total Equity | $7.57 Billion | 100.00% |
II-VI Inc. Competitors by Market Cap
The table below lists competitors of II-VI Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AES Corp.
LSE:0H6G
|
$10.07 Billion |
|
Intertek Group plc
PINK:IKTSF
|
$10.08 Billion |
|
New China Life Insurance Company Ltd
PINK:NWWCF
|
$10.11 Billion |
|
TMX Group Limited
PINK:TMXXF
|
$10.11 Billion |
|
The AES Corporation
NYSE:AES
|
$10.06 Billion |
|
Plains All American Pipeline LP
NASDAQ:PAA
|
$10.05 Billion |
|
Encompass Health Corp
NYSE:EHC
|
$10.04 Billion |
|
Poste Italiane S.p.A.
LSE:0RC2
|
$10.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in II-VI Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,228,966,000 to 7,574,887,000, a change of 345,921,000 (4.8%).
- Net loss of 156,154,000 reduced equity.
- Share repurchases of 22,315,000 reduced equity.
- Other comprehensive income decreased equity by 107,086,000.
- Other factors increased equity by 631,476,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-156.15 Million | -2.06% |
| Share Repurchases | $22.32 Million | -0.29% |
| Other Comprehensive Income | $-107.09 Million | -1.41% |
| Other Changes | $631.48 Million | +8.34% |
| Total Change | $- | 4.79% |
Book Value vs Market Value Analysis
This analysis compares II-VI 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: 1.60x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 462.87x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $0.17 | $79.85 | x |
| 1987-06-30 | $0.16 | $79.85 | x |
| 1988-06-30 | $0.24 | $79.85 | x |
| 1989-06-30 | $0.26 | $79.85 | x |
| 1990-06-30 | $0.30 | $79.85 | x |
| 1991-06-30 | $0.32 | $79.85 | x |
| 1992-06-30 | $0.34 | $79.85 | x |
| 1993-06-30 | $0.33 | $79.85 | x |
| 1994-06-30 | $0.39 | $79.85 | x |
| 1995-06-30 | $0.41 | $79.85 | x |
| 1996-06-30 | $0.68 | $79.85 | x |
| 1997-06-30 | $0.81 | $79.85 | x |
| 1998-06-30 | $0.94 | $79.85 | x |
| 1999-06-30 | $1.08 | $79.85 | x |
| 2000-06-30 | $1.24 | $79.85 | x |
| 2001-06-30 | $1.60 | $79.85 | x |
| 2002-06-30 | $1.71 | $79.85 | x |
| 2003-06-30 | $1.82 | $79.85 | x |
| 2004-06-30 | $2.24 | $79.85 | x |
| 2005-06-30 | $2.66 | $79.85 | x |
| 2006-06-30 | $2.84 | $79.85 | x |
| 2007-06-30 | $3.62 | $79.85 | x |
| 2008-06-30 | $4.76 | $79.85 | x |
| 2009-06-30 | $5.36 | $79.85 | x |
| 2010-06-30 | $6.67 | $79.85 | x |
| 2011-06-30 | $8.21 | $79.85 | x |
| 2012-06-30 | $9.16 | $79.85 | x |
| 2013-06-30 | $9.96 | $79.85 | x |
| 2014-06-30 | $10.60 | $79.85 | x |
| 2015-06-30 | $11.65 | $79.85 | x |
| 2016-06-30 | $12.44 | $79.85 | x |
| 2017-06-30 | $13.96 | $79.85 | x |
| 2018-06-30 | $15.73 | $79.85 | x |
| 2019-06-30 | $17.22 | $79.85 | x |
| 2020-06-30 | $24.48 | $79.85 | x |
| 2021-06-30 | $35.92 | $79.85 | x |
| 2022-06-30 | $37.62 | $79.85 | x |
| 2023-06-30 | $52.54 | $79.85 | x |
| 2024-06-30 | $49.95 | $79.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently II-VI 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): -2.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.32%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.91x
- Recent ROE (-2.06%) is below the historical average (9.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 4.35% | 2.30% | 1.30x | 1.46x | $-260.00K |
| 1987 | 14.00% | 7.14% | 1.24x | 1.58x | $200.00K |
| 1988 | 13.83% | 10.48% | 1.02x | 1.30x | $360.00K |
| 1989 | 15.32% | 12.23% | 0.93x | 1.34x | $590.00K |
| 1990 | 8.26% | 6.62% | 0.90x | 1.39x | $-210.00K |
| 1991 | 3.17% | 2.67% | 0.90x | 1.33x | $-860.00K |
| 1992 | 5.22% | 4.22% | 0.97x | 1.28x | $-640.00K |
| 1993 | 0.76% | 0.58% | 0.99x | 1.31x | $-1.22 Million |
| 1994 | 7.75% | 5.88% | 1.06x | 1.24x | $-320.00K |
| 1995 | 14.71% | 8.99% | 1.14x | 1.44x | $800.00K |
| 1996 | 12.79% | 11.61% | 0.86x | 1.28x | $960.00K |
| 1997 | 16.71% | 13.47% | 0.97x | 1.28x | $2.85 Million |
| 1998 | 13.57% | 11.09% | 0.90x | 1.35x | $1.79 Million |
| 1999 | 10.09% | 8.90% | 0.87x | 1.30x | $50.00K |
| 2000 | 11.30% | 10.08% | 0.84x | 1.33x | $856.70K |
| 2001 | 10.61% | 7.70% | 0.83x | 1.66x | $549.70K |
| 2002 | 7.44% | 6.39% | 0.75x | 1.56x | $-2.50 Million |
| 2003 | 10.42% | 9.06% | 0.79x | 1.46x | $467.90K |
| 2004 | 13.15% | 11.49% | 0.82x | 1.39x | $4.15 Million |
| 2005 | 15.64% | 12.80% | 0.77x | 1.59x | $8.96 Million |
| 2006 | 6.33% | 4.64% | 0.93x | 1.47x | $-6.27 Million |
| 2007 | 17.30% | 14.43% | 0.91x | 1.31x | $16.02 Million |
| 2008 | 22.15% | 20.33% | 0.88x | 1.24x | $35.26 Million |
| 2009 | 11.41% | 12.59% | 0.79x | 1.14x | $4.54 Million |
| 2010 | 9.40% | 11.18% | 0.68x | 1.24x | $-2.46 Million |
| 2011 | 15.83% | 16.44% | 0.78x | 1.24x | $30.44 Million |
| 2012 | 10.22% | 11.28% | 0.76x | 1.20x | $1.31 Million |
| 2013 | 9.06% | 10.45% | 0.64x | 1.36x | $-6.01 Million |
| 2014 | 5.68% | 5.61% | 0.64x | 1.59x | $-29.19 Million |
| 2015 | 9.05% | 8.89% | 0.70x | 1.45x | $-6.93 Million |
| 2016 | 8.37% | 7.92% | 0.68x | 1.55x | $-12.75 Million |
| 2017 | 10.58% | 9.80% | 0.66x | 1.64x | $5.22 Million |
| 2018 | 8.59% | 7.59% | 0.66x | 1.72x | $-14.43 Million |
| 2019 | 9.49% | 7.89% | 0.70x | 1.72x | $-5.80 Million |
| 2020 | -3.23% | -2.82% | 0.45x | 2.52x | $-274.71 Million |
| 2021 | 7.20% | 9.58% | 0.48x | 1.58x | $-115.68 Million |
| 2022 | 5.36% | 7.08% | 0.42x | 1.79x | $-203.57 Million |
| 2023 | -3.59% | -5.03% | 0.38x | 1.90x | $-982.35 Million |
| 2024 | -2.06% | -3.32% | 0.32x | 1.91x | $-913.64 Million |
Industry Comparison
This section compares II-VI Inc.'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 |
|---|---|---|---|---|
| II-VI Inc. (0LHO) | $7.97 Billion | 4.35% | 0.78x | $10.06 Billion |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |