Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) - Net Assets

Latest as of June 2025: MX$5.19 Billion MXN ≈ $298.92 Million USD

Based on the latest financial reports, Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (FINDEP) has net assets worth MX$5.19 Billion MXN (≈ $298.92 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (MX$11.48 Billion ≈ $660.57 Million USD) and total liabilities (MX$6.28 Billion ≈ $361.65 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. Read Financiera Independencia S.A.B. de C.V. balance sheet liabilities for a breakdown of total debt and financial obligations.

Key Net Assets Metrics

Metric	Value
Current Net Assets	MX$5.19 Billion
% of Total Assets	45.25%
Annual Growth Rate	11.71%
5-Year Change	54.48%
10-Year Change	66.57%
Growth Volatility	29.67

Financiera Independencia S.A.B. de C.V. SOFOM E.N.R - Net Assets Trend (2005–2024)

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. Also explore FINDEP total assets for the complete picture of this company's asset base.

Annual Net Assets for Financiera Independencia S.A.B. de C.V. SOFOM E.N.R (2005–2024)

The table below shows the annual net assets of Financiera Independencia S.A.B. de C.V. SOFOM E.N.R from 2005 to 2024. For live valuation and market cap data, see market value of Financiera Independencia S.A.B. de C.V. .

Year	Net Assets	Change
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	--

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 626.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	MX$4.43 Billion	70.86%
Other Components	MX$1.82 Billion	29.14%
Total Equity	MX$6.26 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
Sula Vineyards Limited NSE:SULA	$157.40 Million
Associated British Foods PLC LSE:ABF	$157.41 Million
Quanterix Corp NASDAQ:QTRX	$157.42 Million
Parsan Makina Parcalari Sanayi AS IS:PARSN	$157.45 Million
Forth Smart Service Public Company Limited BK:FSMART	$157.28 Million
Sermsang Power Corporation Public Company Limited BK:SSP	$157.24 Million
SV Investment Corporation KQ:289080	$157.20 Million
Ordinary Fully Paid Deferred Settlement AU:BTRDA	$157.16 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 2023 to 2024, total equity changed from 5,311,303,000 to 6,257,793,000, a change of 946,490,000 (17.8%).
Net income of 804,415,000 contributed positively to equity growth.
Share repurchases of 80,848,000 reduced equity.
Other factors increased equity by 222,923,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	MX$804.41 Million	+12.85%
Share Repurchases	MX$80.85 Million	-1.29%
Other Changes	MX$222.92 Million	+3.56%
Total Change	MX$-	17.82%

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: 0.44x
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 0.69x to 0.44x 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$8.10	x
2018-12-31	MX$11.87	MX$8.10	x
2019-12-31	MX$12.79	MX$8.10	x
2020-12-31	MX$12.00	MX$8.10	x
2021-12-31	MX$13.20	MX$8.10	x
2022-12-31	MX$14.04	MX$8.10	x
2023-12-31	MX$15.74	MX$8.10	x
2024-12-31	MX$18.54	MX$8.10	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): 12.85%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 15.96%
• Asset Turnover: 0.43x
• Equity Multiplier: 1.86x
Recent ROE (12.85%) is above the historical average (11.88%), indicating improving 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

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: $4,506,158,000
Average return on equity (ROE) among peers: 15.44%

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$5.19 Billion	23.85%	1.21x	$157.33 Million
Crédito Real S.A.B. de C.V. Sociedad Financiera de Objeto Múltiple Entidad No Regulada (CREAL)	$4.35 Billion	23.06%	2.47x	$7.52 Million
Gentera S.A.B. de C.V (GENTERA)	$8.64 Billion	23.25%	1.64x	$4.10 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

MX:FINDEP Mexico Credit Services

Market Cap

$157.33 Million

MX$2.73 Billion MXN

Market Cap Rank

#17443 Global

#117 in Mexico

Share Price

MX$8.10

Change (1 day)

-2.64%

52-Week Range

MX$8.00 - MX$9.01

All Time High

MX$10.49