Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) - Net Assets
Based on the latest financial reports, Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) has net assets worth MX$5.43 Billion MXN (≈ $312.39 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$11.20 Billion ≈ $644.84 Million USD) and total liabilities (MX$5.78 Billion ≈ $332.44 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 FINDEP strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | MX$5.43 Billion |
| % of Total Assets | 48.45% |
| Annual Growth Rate | 10.34% |
| 5-Year Change | 22.54% |
| 10-Year Change | 34.77% |
| Growth Volatility | 29.54 |
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R - Net Assets Trend (2005–2025)
This chart illustrates how Financiera Independencia S.A.B. de C.V. SOFOM E.N.R's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Financiera Independencia S.A.B. de C.V. (FINDEP) total market value.
Annual Net Assets for Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (2005–2025)
The table below shows the annual net assets of Financiera Independencia S.A.B. de C.V. SOFOM E.N.R from 2005 to 2025. Also explore Financiera Independencia S.A.B. de C.V. equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | MX$5.46 Billion ≈ $314.13 Million |
-12.77% |
| 2024-12-31 | MX$6.26 Billion ≈ $360.14 Million |
+17.82% |
| 2023-12-31 | MX$5.31 Billion ≈ $305.67 Million |
+12.06% |
| 2022-12-31 | MX$4.74 Billion ≈ $272.78 Million |
+6.41% |
| 2021-12-31 | MX$4.45 Billion ≈ $256.35 Million |
+9.96% |
| 2020-12-31 | MX$4.05 Billion ≈ $233.13 Million |
-6.13% |
| 2019-12-31 | MX$4.32 Billion ≈ $248.35 Million |
+1.61% |
| 2018-12-31 | MX$4.25 Billion ≈ $244.42 Million |
+0.63% |
| 2017-12-31 | MX$4.22 Billion ≈ $242.88 Million |
+4.20% |
| 2016-12-31 | MX$4.05 Billion ≈ $233.09 Million |
+7.81% |
| 2015-12-31 | MX$3.76 Billion ≈ $216.20 Million |
+7.21% |
| 2014-12-31 | MX$3.50 Billion ≈ $201.66 Million |
+13.71% |
| 2013-12-31 | MX$3.08 Billion ≈ $177.35 Million |
+7.79% |
| 2012-12-31 | MX$2.86 Billion ≈ $164.53 Million |
-6.36% |
| 2011-12-31 | MX$3.05 Billion ≈ $175.70 Million |
+3.61% |
| 2010-12-31 | MX$2.95 Billion ≈ $169.58 Million |
+58.14% |
| 2009-12-31 | MX$1.86 Billion ≈ $107.24 Million |
+32.83% |
| 2008-12-31 | MX$1.40 Billion ≈ $80.73 Million |
-35.16% |
| 2007-12-31 | MX$2.16 Billion ≈ $124.50 Million |
+114.59% |
| 2006-12-31 | MX$1.01 Billion ≈ $58.02 Million |
+32.14% |
| 2005-12-31 | MX$762.98 Million ≈ $43.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Financiera Independencia S.A.B. de C.V. SOFOM E.N.R'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 524.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | MX$3.81 Billion | 69.76% |
| Other Components | MX$1.65 Billion | 30.24% |
| Total Equity | MX$5.46 Billion | 100.00% |
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R Competitors by Market Cap
The table below lists competitors of Financiera Independencia S.A.B. de C.V. SOFOM E.N.R ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shieh Yih Machinery Industry Co Ltd
TWO:4533
|
$126.29 Million |
|
Airtificial Intelligence Structures SA
MC:AI
|
$126.29 Million |
|
Lanvin Group Holdings Limited
NYSE:LANV
|
$126.30 Million |
|
Corpovael S.A.B. de C.V
MX:CADUA
|
$126.31 Million |
|
Supreme Cable Manufacturing Corp
JK:SCCO
|
$126.25 Million |
|
Military Insurance Corp
VN:MIG
|
$126.16 Million |
|
GoldMoney Inc
TO:XAU
|
$126.12 Million |
|
NMP Acquisition Corp.
NASDAQ:NMP
|
$126.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Financiera Independencia S.A.B. de C.V. SOFOM E.N.R's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,257,793,000 to 5,458,418,000, a change of -799,375,000 (-12.8%).
- Net income of 611,474,000 contributed positively to equity growth.
- Dividend payments of 1,250,000,000 reduced retained earnings.
- New share issuances of 12,202,000 increased equity.
- Other factors decreased equity by 173,051,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | MX$611.47 Million | +11.2% |
| Dividends Paid | MX$1.25 Billion | -22.9% |
| Share Issuances | MX$12.20 Million | +0.22% |
| Other Changes | MX$-173.05 Million | -3.17% |
| Total Change | MX$- | -12.77% |
Book Value vs Market Value Analysis
This analysis compares Financiera Independencia S.A.B. de C.V. SOFOM E.N.R'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: 0.40x
- 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 0.55x to 0.40x 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 | MX$11.79 | MX$6.50 | x |
| 2018-12-31 | MX$11.87 | MX$6.50 | x |
| 2019-12-31 | MX$12.79 | MX$6.50 | x |
| 2020-12-31 | MX$12.00 | MX$6.50 | x |
| 2021-12-31 | MX$13.20 | MX$6.50 | x |
| 2022-12-31 | MX$14.04 | MX$6.50 | x |
| 2023-12-31 | MX$15.74 | MX$6.50 | x |
| 2024-12-31 | MX$18.54 | MX$6.50 | x |
| 2025-12-31 | MX$16.17 | MX$6.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Financiera Independencia S.A.B. de C.V. SOFOM E.N.R 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): 11.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.30%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 2.08x
- Recent ROE (11.20%) is below the historical average (11.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 23.85% | 19.44% | 0.71x | 1.73x | MX$299.67 Million |
| 2008 | 44.41% | 17.86% | 0.65x | 3.84x | MX$482.65 Million |
| 2009 | 27.65% | 13.18% | 0.66x | 3.19x | MX$328.89 Million |
| 2010 | 15.33% | 9.85% | 0.53x | 2.95x | MX$157.00 Million |
| 2011 | 6.11% | 3.47% | 0.49x | 3.62x | MX$-118.38 Million |
| 2013 | 8.25% | 4.50% | 0.55x | 3.34x | MX$-54.05 Million |
| 2014 | 9.07% | 5.43% | 0.53x | 3.17x | MX$-32.42 Million |
| 2015 | 5.56% | 5.87% | 0.30x | 3.15x | MX$-166.64 Million |
| 2016 | 5.78% | 4.82% | 0.40x | 3.00x | MX$-171.02 Million |
| 2017 | 5.34% | 4.57% | 0.40x | 2.89x | MX$-196.59 Million |
| 2018 | 6.17% | 5.27% | 0.41x | 2.88x | MX$-162.65 Million |
| 2019 | 7.51% | 6.32% | 0.41x | 2.90x | MX$-107.58 Million |
| 2020 | -10.19% | -8.55% | 0.45x | 2.62x | MX$-817.74 Million |
| 2021 | 7.79% | 8.24% | 0.40x | 2.38x | MX$-98.54 Million |
| 2022 | 13.19% | 12.83% | 0.42x | 2.47x | MX$151.06 Million |
| 2023 | 13.37% | 14.47% | 0.46x | 1.99x | MX$178.86 Million |
| 2024 | 12.85% | 15.96% | 0.43x | 1.86x | MX$178.64 Million |
| 2025 | 11.20% | 12.30% | 0.44x | 2.08x | MX$65.63 Million |
Industry Comparison
This section compares Financiera Independencia S.A.B. de C.V. SOFOM E.N.R's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $8,212,995,667
- Average return on equity (ROE) among peers: 11.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) | MX$5.43 Billion | 23.85% | 1.06x | $126.25 Million |
| Crédito Real S.A.B. de C.V. Sociedad Financiera de Objeto Múltiple Entidad No Regulada (CREAL) | $3.60 Billion | 17.08% | 2.05x | $7.52 Million |
| Gentera S.A.B. de C.V (GENTERA) | $20.52 Billion | 15.96% | 1.76x | $3.37 Billion |
| Unifin Financiera S. A. B. de C. V (UNIFINA) | $521.56 Million | 0.00% | 7.89x | $31.11 Million |
About Financiera Independencia S.A.B. de C.V. SOFOM E.N.R
Financiera Independencia S.A.B. de C.V. SOFOM E.N.R. grants loans for the consumption of goods and services in Mexico. Its loan portfolio includes revolving and non-revolving consumer loans and microcredits. The company was incorporated in 1993 and is based in Mexico City, Mexico.