PowerFleet, Inc. (AIOT) - Net Assets
Based on the latest financial reports, PowerFleet, Inc. (AIOT) has net assets worth $485.18 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($959.46 Million) and total liabilities ($474.28 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 PowerFleet, Inc. (AIOT) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $485.18 Million |
| % of Total Assets | 50.57% |
| Annual Growth Rate | 14.5% |
| 5-Year Change | 188.08% |
| 10-Year Change | 2071.81% |
| Growth Volatility | 118.43 |
PowerFleet, Inc. - Net Assets Trend (1999–2024)
This chart illustrates how PowerFleet, Inc.'s net assets have evolved over time, based on quarterly financial data. See PowerFleet, Inc. (AIOT) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for PowerFleet, Inc. (1999–2024)
The table below shows the annual net assets of PowerFleet, Inc. from 1999 to 2024. For live valuation and market cap data, see how much is PowerFleet, Inc. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $446.74 Million | +246.56% |
| 2023-12-31 | $128.91 Million | -12.54% |
| 2022-12-31 | $147.38 Million | +1.74% |
| 2021-12-31 | $144.86 Million | -6.59% |
| 2020-12-31 | $155.07 Million | +17.86% |
| 2019-12-31 | $131.57 Million | +342.53% |
| 2018-12-31 | $29.73 Million | -9.82% |
| 2017-12-31 | $32.97 Million | +106.04% |
| 2016-12-31 | $16.00 Million | -22.21% |
| 2015-12-31 | $20.57 Million | -24.53% |
| 2014-12-31 | $27.25 Million | -27.22% |
| 2013-12-31 | $37.45 Million | -14.94% |
| 2012-12-31 | $44.03 Million | -3.45% |
| 2011-12-31 | $45.60 Million | +1.91% |
| 2010-12-31 | $44.74 Million | -19.93% |
| 2009-12-31 | $55.88 Million | -16.70% |
| 2008-12-31 | $67.08 Million | -6.40% |
| 2007-12-31 | $71.67 Million | -11.83% |
| 2006-12-31 | $81.28 Million | +435.96% |
| 2005-12-31 | $15.17 Million | +11.74% |
| 2004-12-31 | $13.57 Million | +23.62% |
| 2003-12-31 | $10.98 Million | -3.80% |
| 2002-12-31 | $11.41 Million | +75.99% |
| 2001-12-31 | $6.49 Million | -36.50% |
| 2000-12-31 | $10.21 Million | -32.55% |
| 1999-12-31 | $15.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PowerFleet, 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 decreased by 20531100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.34 Million | 0.30% |
| Other Comprehensive Income | $-8.85 Million | -1.98% |
| Other Components | $659.88 Million | 147.76% |
| Total Equity | $446.59 Million | 100.00% |
PowerFleet, Inc. Competitors by Market Cap
The table below lists competitors of PowerFleet, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tivan Ltd
AU:TVN
|
$457.52 Million |
|
Tande Co Ltd
SHG:600665
|
$457.74 Million |
|
Xinxiang Tianli Energy Co. Ltd. A
SHE:301152
|
$457.84 Million |
|
Alfas Solar Enerji Sanayi ve Ticaret A.S.
IS:ALFAS
|
$457.86 Million |
|
Nuveen Multi-Asset Income Fund
NYSE:NMAI
|
$457.26 Million |
|
MN Holdings Berhad
KLSE:0245
|
$457.24 Million |
|
Eastnine AB (publ)
ST:EAST
|
$457.18 Million |
|
Syntec Optics Holdings Inc.
NASDAQ:OPTX
|
$457.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PowerFleet, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 128,804,000 to 446,592,000, a change of 317,788,000 (246.7%).
- Net loss of 50,987,000 reduced equity.
- Dividend payments of 90,298,000 reduced retained earnings.
- Share repurchases of 2,836,000 reduced equity.
- New share issuances of 66,459,000 increased equity.
- Other comprehensive income decreased equity by 7,865,000.
- Other factors increased equity by 403,315,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-50.99 Million | -11.42% |
| Dividends Paid | $90.30 Million | -20.22% |
| Share Repurchases | $2.84 Million | -0.64% |
| Share Issuances | $66.46 Million | +14.88% |
| Other Comprehensive Income | $-7.87 Million | -1.76% |
| Other Changes | $403.31 Million | +90.31% |
| Total Change | $- | 246.72% |
Book Value vs Market Value Analysis
This analysis compares PowerFleet, 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: 1.10x
- 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 4.51x to 1.10x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.91 | $4.09 | x |
| 2000-12-31 | $0.60 | $4.09 | x |
| 2001-12-31 | $0.37 | $4.09 | x |
| 2002-12-31 | $0.57 | $4.09 | x |
| 2003-12-31 | $0.53 | $4.09 | x |
| 2004-12-31 | $0.52 | $4.09 | x |
| 2005-12-31 | $0.54 | $4.09 | x |
| 2006-12-31 | $2.58 | $4.09 | x |
| 2007-12-31 | $2.13 | $4.09 | x |
| 2008-12-31 | $2.05 | $4.09 | x |
| 2009-12-31 | $1.69 | $4.09 | x |
| 2010-12-31 | $1.33 | $4.09 | x |
| 2011-12-31 | $1.36 | $4.09 | x |
| 2012-12-31 | $1.25 | $4.09 | x |
| 2013-12-31 | $1.05 | $4.09 | x |
| 2014-12-31 | $0.75 | $4.09 | x |
| 2015-12-31 | $0.54 | $4.09 | x |
| 2016-12-31 | $0.41 | $4.09 | x |
| 2017-12-31 | $0.73 | $4.09 | x |
| 2018-12-31 | $0.58 | $4.09 | x |
| 2019-12-31 | $2.14 | $4.09 | x |
| 2020-12-31 | $1.74 | $4.09 | x |
| 2021-12-31 | $4.19 | $4.09 | x |
| 2022-12-31 | $1.39 | $4.09 | x |
| 2023-12-31 | $3.62 | $4.09 | x |
| 2024-12-31 | $3.73 | $4.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PowerFleet, 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): -11.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.06%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.04x
- Recent ROE (-11.42%) is above the historical average (-17.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 1.37% | 3.73% | 0.35x | 1.05x | $-1.31 Million |
| 2000 | -48.29% | -521.80% | 0.09x | 1.07x | $-5.95 Million |
| 2001 | -60.26% | -423.40% | 0.13x | 1.13x | $-4.56 Million |
| 2002 | -12.13% | -24.96% | 0.43x | 1.13x | $-2.53 Million |
| 2003 | -10.92% | -15.06% | 0.59x | 1.23x | $-2.30 Million |
| 2004 | 2.93% | 2.90% | 0.80x | 1.26x | $-959.20K |
| 2005 | 5.61% | 4.48% | 0.96x | 1.31x | $-665.60K |
| 2006 | -1.99% | -6.53% | 0.29x | 1.04x | $-9.74 Million |
| 2007 | -10.24% | -42.97% | 0.23x | 1.04x | $-14.51 Million |
| 2008 | -6.22% | -15.44% | 0.39x | 1.04x | $-10.88 Million |
| 2009 | -23.61% | -127.88% | 0.15x | 1.26x | $-18.78 Million |
| 2010 | -28.18% | -48.76% | 0.42x | 1.36x | $-17.09 Million |
| 2011 | -8.86% | -10.28% | 0.63x | 1.38x | $-8.60 Million |
| 2012 | -5.89% | -5.81% | 0.74x | 1.38x | $-6.99 Million |
| 2013 | -20.02% | -18.77% | 0.72x | 1.48x | $-11.24 Million |
| 2014 | -42.47% | -25.37% | 0.87x | 1.93x | $-14.30 Million |
| 2015 | -48.38% | -23.82% | 0.94x | 2.16x | $-12.01 Million |
| 2016 | -39.81% | -17.30% | 0.83x | 2.77x | $-7.97 Million |
| 2017 | -11.74% | -9.45% | 0.67x | 1.85x | $-7.17 Million |
| 2018 | -19.55% | -10.95% | 0.85x | 2.10x | $-8.79 Million |
| 2019 | -8.33% | -13.38% | 0.36x | 1.71x | $-24.12 Million |
| 2020 | -5.81% | -7.93% | 0.49x | 1.49x | $-24.51 Million |
| 2021 | -8.82% | -10.13% | 0.55x | 1.59x | $-27.24 Million |
| 2022 | -4.75% | -5.18% | 0.61x | 1.51x | $-21.73 Million |
| 2023 | -39.58% | -14.06% | 1.17x | 2.40x | $-63.87 Million |
| 2024 | -11.42% | -14.06% | 0.40x | 2.04x | $-95.65 Million |
Industry Comparison
This section compares PowerFleet, Inc.'s net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $187,600,499
- Average return on equity (ROE) among peers: -13.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PowerFleet, Inc. (AIOT) | $485.18 Million | 1.37% | 0.98x | $457.44 Million |
| ACI Worldwide Inc (ACIW) | $581.40 Million | 11.62% | 2.18x | $4.54 Billion |
| Aeva Technologies, Inc. Common Stock (AEVA) | $99.35 Million | -153.25% | 0.48x | $855.27 Million |
| Aeva Technologies, Inc. Common Stock (AEVA) | $30.16 Million | -37.03% | 0.03x | $906.22 Million |
| Allied Gaming & Entertainment Inc. (AGAE) | $87.90 Million | -12.31% | 0.11x | $22.76 Million |
| Axe Compute Inc. (AGPU) | $2.69 Million | -223.00% | 0.35x | $31.41 Million |
| C3 Ai Inc (AI) | $838.30 Million | -34.44% | 0.22x | $1.41 Billion |
| All In FutureTech Alliance Inc. (AIFA) | $24.02 Million | -127.45% | 1.73x | $13.66 Million |
| AI Financial Corporation (AIFC) | $2.31 Million | 476.46% | 19.27x | $88.43 Million |
| iLearningEngines, Inc. (AILE) | $22.26 Million | -19.80% | 1.11x | $59.29 Million |
About PowerFleet, Inc.
PowerFleet, Inc. provides artificial intelligence-of-things (AIoT) solutions in North America, Israel, Africa, Europe, the Middle East, Australia, and internationally. Its unity solution portfolio includes unity platform that enables integration with AIoT devices and third-party business systems to a data highway that powers artificial intelligence-driven insights to help customers save lives, ti… Read more