Third Point Investors Limited (TPOU) - Net Assets
Based on the latest financial reports, Third Point Investors Limited (TPOU) has net assets worth $567.11 Million USD as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($569.13 Million) and total liabilities ($2.02 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. Check TPOU capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $567.11 Million |
| % of Total Assets | 99.64% |
| Annual Growth Rate | 1.74% |
| 5-Year Change | -39.67% |
| 10-Year Change | -32.16% |
| Growth Volatility | 17.0 |
Third Point Investors Limited - Net Assets Trend (2009–2024)
This chart illustrates how Third Point Investors Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Third Point Investors Limited.
Annual Net Assets for Third Point Investors Limited (2009–2024)
The table below shows the annual net assets of Third Point Investors Limited from 2009 to 2024. Also explore Third Point Investors Limited (TPOU) equity growth momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $567.11 Million | -11.11% |
| 2023-12-31 | $637.97 Million | -5.74% |
| 2022-12-31 | $676.84 Million | -35.98% |
| 2021-12-31 | $1.06 Billion | +12.47% |
| 2020-12-31 | $940.01 Million | +12.63% |
| 2019-12-31 | $834.56 Million | +2.57% |
| 2018-12-31 | $813.64 Million | -19.79% |
| 2017-12-31 | $1.01 Billion | +15.38% |
| 2016-12-31 | $879.19 Million | +5.18% |
| 2015-12-31 | $835.91 Million | -2.88% |
| 2014-12-31 | $860.71 Million | +0.77% |
| 2013-12-31 | $854.15 Million | +22.92% |
| 2012-12-31 | $694.86 Million | +17.54% |
| 2011-12-31 | $591.15 Million | +0.03% |
| 2010-12-31 | $590.97 Million | +34.99% |
| 2009-12-31 | $437.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Third Point Investors 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $567.11 Million | 100.00% |
| Total Equity | $567.11 Million | 100.00% |
Third Point Investors Limited Competitors by Market Cap
The table below lists competitors of Third Point Investors Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
medmix AG
SW:MEDX
|
$352.23 Million |
|
Archer Ltd.
LSE:0RBA
|
$352.24 Million |
|
Beijing Infosec Technologies Co. Ltd. A
SHG:688201
|
$352.25 Million |
|
GuangZhou Wahlap Technology Corporation Limited
SHE:301011
|
$352.35 Million |
|
Orthofix Medical Inc
NASDAQ:OFIX
|
$352.07 Million |
|
Hanwha Galleria Corp.
KO:452260
|
$351.94 Million |
|
Camping World Holdings Inc
NYSE:CWH
|
$351.79 Million |
|
Binh Duong Water Environment JSC
VN:BWE
|
$351.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Third Point Investors Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 637,967,666 to 567,105,693, a change of -70,861,973 (-11.1%).
- Net income of 114,273,784 contributed positively to equity growth.
- Other factors decreased equity by 185,135,757.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $114.27 Million | +20.15% |
| Other Changes | $-185.14 Million | -32.65% |
| Total Change | $- | -11.11% |
Book Value vs Market Value Analysis
This analysis compares Third Point Investors 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: 0.67x
- 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 1.00x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | $20.21 | $20.25 | x |
| 2010-12-31 | $27.40 | $20.25 | x |
| 2011-12-31 | $27.54 | $20.25 | x |
| 2012-12-31 | $30.27 | $20.25 | x |
| 2013-12-31 | $41.81 | $20.25 | x |
| 2014-12-31 | $41.78 | $20.25 | x |
| 2015-12-31 | $40.54 | $20.25 | x |
| 2016-12-31 | $35.49 | $20.25 | x |
| 2017-12-31 | $42.80 | $20.25 | x |
| 2018-12-31 | $34.49 | $20.25 | x |
| 2019-12-31 | $37.28 | $20.25 | x |
| 2020-12-31 | $27.04 | $20.25 | x |
| 2021-12-31 | $38.96 | $20.25 | x |
| 2022-12-31 | $29.47 | $20.25 | x |
| 2023-12-31 | $29.61 | $20.25 | x |
| 2024-12-31 | $30.42 | $20.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Third Point Investors 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): 20.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 92.96%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.00x
- Recent ROE (20.15%) is above the historical average (5.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | -3.71% | -90.58% | 0.04x | 1.00x | $-60.01 Million |
| 2010 | -1.33% | -42.88% | 0.03x | 1.00x | $-66.93 Million |
| 2011 | -0.23% | -21.25% | 0.01x | 1.00x | $-60.47 Million |
| 2012 | 19.24% | 95.46% | 0.20x | 1.00x | $64.21 Million |
| 2013 | 23.63% | 97.25% | 0.24x | 1.00x | $116.38 Million |
| 2014 | 6.03% | 91.69% | 0.06x | 1.05x | $-34.16 Million |
| 2015 | -2.97% | 0.00% | -0.02x | 1.00x | $-108.39 Million |
| 2016 | 4.92% | 89.14% | 0.06x | 1.00x | $-44.64 Million |
| 2017 | 16.82% | 94.51% | 0.18x | 1.00x | $69.18 Million |
| 2018 | -14.28% | 0.00% | -0.13x | 1.00x | $-197.54 Million |
| 2019 | 16.42% | 93.30% | 0.18x | 1.00x | $53.54 Million |
| 2020 | 17.28% | 95.78% | 0.18x | 1.00x | $68.47 Million |
| 2021 | 18.82% | 93.31% | 0.18x | 1.14x | $93.30 Million |
| 2022 | -37.48% | 0.00% | -0.30x | 1.22x | $-321.35 Million |
| 2023 | 1.79% | 28.59% | 0.06x | 1.00x | $-52.38 Million |
| 2024 | 20.15% | 92.96% | 0.22x | 1.00x | $57.56 Million |
Industry Comparison
This section compares Third Point Investors Limited's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $971,344,300
- Average return on equity (ROE) among peers: 2.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Third Point Investors Limited (TPOU) | $567.11 Million | -3.71% | 0.00x | $352.20 Million |
| 3I Infrastructure PLC (3IN) | $1.25 Billion | 6.43% | 0.14x | $44.16 Million |
| Albion Enterprise VCT PLC (AAEV) | $278.53 Million | 5.11% | 0.01x | $3.20 Million |
| abrdn Asian Income Fund Limited (AAIF) | $329.43 Million | -11.14% | 0.12x | $5.50 Million |
| Abrdn Asia Focus PLC (AAS) | $46.34 Million | 0.00% | 0.14x | $7.56 Million |
| Albion Technology & General VCT PLC (AATG) | $78.03 Million | -0.40% | 0.01x | $3.15 Million |
| Abrdn PLC (ABDN) | $6.67 Billion | 3.99% | 0.71x | $52.13 Million |
| Aberdeen Diversified Income and Growth Trust PLC (ADIG) | $413.68 Million | 2.10% | 0.15x | $450.86K |
| Aquila Energy Efficiency Trust PLC (AEET) | $95.23 Million | 0.14% | 0.02x | $247.72K |
| Aquila European Renewables Income PLC (AERI) | $316.90 Million | -0.37% | 0.13x | $64.28 Million |
| Artemis UK Future Leaders plc (AFL) | $241.60 Million | 17.22% | 0.01x | $439.05 |
About Third Point Investors Limited
Third Point Offshore Investors Limited is a close ended feeder fund launched and managed by Third Point LLC. The fund invests its entire corpus in Third Point Offshore Fund Ltd. It seeks to benchmark the performance of its portfolio against the S&P 500 TR USD. The fund was formed on July 20, 2007 and is domiciled in Guernsey, Channel Islands.