Arts-Way Manufacturing Co Inc
Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, and specialized modular science and agricultural buildings in the United States and internationally. It operates through two segments, Agricultural Products and Modular Buildings. The Agricultural Products segment offers various specialized farm machinery, including portable and stationary animal feed processing equi… Read more
Arts-Way Manufacturing Co Inc (ARTW) - Net Assets
Latest net assets as of November 2025: $13.31 Million USD
Based on the latest financial reports, Arts-Way Manufacturing Co Inc (ARTW) has net assets worth $13.31 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($22.48 Million) and total liabilities ($9.17 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $13.31 Million |
| % of Total Assets | 59.2% |
| Annual Growth Rate | 3.88% |
| 5-Year Change | 28.51% |
| 10-Year Change | -23.86% |
| Growth Volatility | 24.52 |
Arts-Way Manufacturing Co Inc - Net Assets Trend (1985–2025)
This chart illustrates how Arts-Way Manufacturing Co 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 Arts-Way Manufacturing Co Inc (1985–2025)
The table below shows the annual net assets of Arts-Way Manufacturing Co Inc from 1985 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $13.31 Million | +10.03% |
| 2024-11-30 | $12.09 Million | +3.89% |
| 2023-11-30 | $11.64 Million | +4.40% |
| 2022-11-30 | $11.15 Million | +7.69% |
| 2021-11-30 | $10.35 Million | +4.52% |
| 2020-11-30 | $9.91 Million | -16.00% |
| 2019-11-30 | $11.79 Million | -9.54% |
| 2018-11-30 | $13.04 Million | -18.47% |
| 2017-11-30 | $15.99 Million | -8.50% |
| 2016-11-30 | $17.48 Million | -5.63% |
| 2015-11-30 | $18.52 Million | -3.80% |
| 2014-11-30 | $19.25 Million | +5.23% |
| 2013-11-30 | $18.29 Million | +7.16% |
| 2012-11-30 | $17.07 Million | +15.89% |
| 2011-11-30 | $14.73 Million | +8.39% |
| 2010-11-30 | $13.59 Million | +7.29% |
| 2009-11-30 | $12.67 Million | +5.47% |
| 2008-11-30 | $12.01 Million | +18.41% |
| 2007-11-30 | $10.14 Million | +26.09% |
| 2006-11-30 | $8.04 Million | +12.30% |
| 2005-11-30 | $7.16 Million | +15.55% |
| 2004-11-30 | $6.20 Million | +29.23% |
| 2003-11-30 | $4.80 Million | +53.10% |
| 2002-11-30 | $3.13 Million | +77.60% |
| 2001-11-30 | $1.76 Million | -56.49% |
| 2000-11-30 | $4.05 Million | -34.61% |
| 1999-11-30 | $6.20 Million | -8.82% |
| 1998-11-30 | $6.80 Million | -4.23% |
| 1997-11-30 | $7.10 Million | +24.56% |
| 1996-11-30 | $5.70 Million | 0.00% |
| 1995-11-30 | $5.70 Million | -10.94% |
| 1994-11-30 | $6.40 Million | -13.51% |
| 1993-11-30 | $7.40 Million | +8.82% |
| 1992-11-30 | $6.80 Million | +7.94% |
| 1991-11-30 | $6.30 Million | +1.61% |
| 1990-11-30 | $6.20 Million | +19.23% |
| 1989-11-30 | $5.20 Million | -34.18% |
| 1988-11-30 | $7.90 Million | +25.40% |
| 1987-11-30 | $6.30 Million | +28.57% |
| 1986-11-30 | $4.90 Million | +68.97% |
| 1985-11-30 | $2.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arts-Way Manufacturing Co 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 2687.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $8.36 Million | 62.85% |
| Common Stock | $52.25K | 0.39% |
| Other Components | $4.89 Million | 36.75% |
| Total Equity | $13.31 Million | 100.00% |
Arts-Way Manufacturing Co Inc Competitors by Market Cap
The table below lists competitors of Arts-Way Manufacturing Co Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duketon Mining Ltd
AU:DKM
|
$4.69 Million |
|
Intrasense
PA:ALINS
|
$4.69 Million |
|
Au Gold Corp
V:AUGC
|
$4.70 Million |
|
Netcoins Holdings Inc
PINK:GARLF
|
$4.70 Million |
|
QUANTA SERVICES (QAA.SG)
STU:QAA
|
$4.69 Million |
|
Patel Integrated Logistics Limited
NSE:PATINTLOG
|
$4.69 Million |
|
Hoa An JSC
VN:DHA
|
$4.69 Million |
|
Pertama Digital Berhad
KLSE:8532
|
$4.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arts-Way Manufacturing Co Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 12,093,823 to 13,306,260, a change of 1,212,437 (10.0%).
- Net income of 1,034,999 contributed positively to equity growth.
- Share repurchases of 1,542 reduced equity.
- Other factors increased equity by 178,980.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.03 Million | +7.78% |
| Share Repurchases | $1.54K | -0.01% |
| Other Changes | $178.98K | +1.35% |
| Total Change | $- | 10.03% |
Book Value vs Market Value Analysis
This analysis compares Arts-Way Manufacturing Co 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: 0.85x
- 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 1.94x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-11-30 | $1.14 | $2.21 | x |
| 1986-11-30 | $1.87 | $2.21 | x |
| 1987-11-30 | $2.45 | $2.21 | x |
| 1988-11-30 | $2.99 | $2.21 | x |
| 1989-11-30 | $2.08 | $2.21 | x |
| 1990-11-30 | $3.05 | $2.21 | x |
| 1991-11-30 | $3.15 | $2.21 | x |
| 1992-11-30 | $2.89 | $2.21 | x |
| 1993-11-30 | $3.58 | $2.21 | x |
| 1994-11-30 | $2.88 | $2.21 | x |
| 1995-11-30 | $2.57 | $2.21 | x |
| 1996-11-30 | $2.57 | $2.21 | x |
| 1997-11-30 | $2.77 | $2.21 | x |
| 1998-11-30 | $2.73 | $2.21 | x |
| 1999-11-30 | $2.48 | $2.21 | x |
| 2000-11-30 | $1.61 | $2.21 | x |
| 2001-11-30 | $0.69 | $2.21 | x |
| 2002-11-30 | $0.86 | $2.21 | x |
| 2003-11-30 | $1.23 | $2.21 | x |
| 2004-11-30 | $1.59 | $2.21 | x |
| 2005-11-30 | $1.83 | $2.21 | x |
| 2006-11-30 | $2.03 | $2.21 | x |
| 2007-11-30 | $2.57 | $2.21 | x |
| 2008-11-30 | $3.02 | $2.21 | x |
| 2009-11-30 | $3.17 | $2.21 | x |
| 2010-11-30 | $3.39 | $2.21 | x |
| 2011-11-30 | $3.64 | $2.21 | x |
| 2012-11-30 | $4.22 | $2.21 | x |
| 2013-11-30 | $4.52 | $2.21 | x |
| 2014-11-30 | $4.75 | $2.21 | x |
| 2015-11-30 | $4.56 | $2.21 | x |
| 2016-11-30 | $4.26 | $2.21 | x |
| 2017-11-30 | $3.85 | $2.21 | x |
| 2018-11-30 | $3.10 | $2.21 | x |
| 2019-11-30 | $2.76 | $2.21 | x |
| 2020-11-30 | $2.25 | $2.21 | x |
| 2021-11-30 | $2.29 | $2.21 | x |
| 2022-11-30 | $2.37 | $2.21 | x |
| 2023-11-30 | $2.33 | $2.21 | x |
| 2024-11-30 | $2.39 | $2.21 | x |
| 2025-11-30 | $2.61 | $2.21 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arts-Way Manufacturing Co 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): 7.78%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.50%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 1.69x
- Recent ROE (7.78%) is above the historical average (-1.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | -68.97% | -19.61% | 1.32x | 2.66x | $-2.29 Million |
| 1986 | 22.45% | 6.25% | 2.10x | 1.71x | $610.00K |
| 1987 | 20.63% | 6.60% | 1.71x | 1.83x | $670.00K |
| 1988 | 24.05% | 8.52% | 1.89x | 1.49x | $1.11 Million |
| 1989 | 23.08% | 6.25% | 1.78x | 2.08x | $680.00K |
| 1990 | 20.97% | 5.94% | 1.65x | 2.15x | $680.00K |
| 1991 | 1.59% | 0.52% | 1.64x | 1.87x | $-530.00K |
| 1992 | 5.88% | 1.97% | 1.36x | 2.19x | $-280.00K |
| 1993 | 8.11% | 2.93% | 1.18x | 2.34x | $-140.00K |
| 1994 | -17.19% | -5.42% | 1.36x | 2.33x | $-1.74 Million |
| 1995 | -14.04% | -5.80% | 1.16x | 2.09x | $-1.37 Million |
| 1996 | -14.04% | -5.80% | 1.16x | 2.09x | $-1.37 Million |
| 1997 | 7.04% | 4.50% | 0.73x | 2.15x | $-210.00K |
| 1998 | -4.41% | -1.27% | 1.39x | 2.50x | $-980.00K |
| 1999 | -9.68% | -3.49% | 1.14x | 2.44x | $-1.22 Million |
| 2000 | -53.42% | -15.22% | 1.33x | 2.64x | $-2.57 Million |
| 2001 | -135.01% | -21.87% | 1.61x | 3.83x | $-2.56 Million |
| 2002 | 18.16% | 5.22% | 1.84x | 1.89x | $255.77K |
| 2003 | 34.68% | 14.58% | 1.43x | 1.66x | $1.18 Million |
| 2004 | 22.62% | 10.97% | 1.20x | 1.72x | $782.33K |
| 2005 | 13.64% | 6.69% | 1.24x | 1.64x | $260.95K |
| 2006 | 11.60% | 4.70% | 1.36x | 1.82x | $129.08K |
| 2007 | 22.02% | 8.75% | 1.28x | 1.97x | $1.22 Million |
| 2008 | 15.23% | 5.71% | 1.18x | 2.27x | $628.51K |
| 2009 | 6.02% | 2.90% | 1.10x | 1.89x | $-504.49K |
| 2010 | 7.75% | 3.64% | 1.08x | 1.97x | $-305.55K |
| 2011 | 8.48% | 4.52% | 1.07x | 1.76x | $-224.16K |
| 2012 | 15.61% | 7.31% | 1.17x | 1.83x | $957.96K |
| 2013 | 8.48% | 4.53% | 1.04x | 1.79x | $-278.04K |
| 2014 | 4.86% | 2.59% | 1.10x | 1.71x | $-989.92K |
| 2015 | -3.01% | -2.12% | 0.84x | 1.69x | $-2.41 Million |
| 2016 | -2.44% | -1.98% | 0.79x | 1.56x | $-2.17 Million |
| 2017 | -8.56% | -6.61% | 0.85x | 1.52x | $-2.97 Million |
| 2018 | -25.59% | -16.91% | 0.93x | 1.64x | $-4.64 Million |
| 2019 | -12.04% | -6.20% | 1.18x | 1.64x | $-2.60 Million |
| 2020 | -21.23% | -9.39% | 1.19x | 1.90x | $-3.09 Million |
| 2021 | 2.05% | 0.85% | 1.20x | 2.01x | $-822.81K |
| 2022 | 0.88% | 0.38% | 1.07x | 2.15x | $-1.02 Million |
| 2023 | 2.29% | 0.88% | 1.24x | 2.10x | $-897.16K |
| 2024 | 2.54% | 1.25% | 1.15x | 1.76x | $-902.01K |
| 2025 | 7.78% | 4.50% | 1.02x | 1.69x | $-295.63K |
Industry Comparison
This section compares Arts-Way Manufacturing Co Inc's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $449,489,020
- Average return on equity (ROE) among peers: 1.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arts-Way Manufacturing Co Inc (ARTW) | $13.31 Million | -68.97% | 0.69x | $4.69 Million |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $365.18 Million | 8.40% | 1.98x | $483.70 Million |
| AGCO Corporation (AGCO) | $3.10 Billion | 6.02% | 1.58x | $7.13 Billion |
| Agrify Corp (AGFY) | $-9.27 Million | 0.00% | 0.00x | $58.43 Million |
| Ag Growth International Inc (AGGZF) | $110.78 Million | 17.74% | 0.30x | $363.58 Million |
| Alamo Group Inc (ALG) | $106.91 Million | 3.85% | 0.51x | $1.99 Billion |
| AmeraMex International Inc (AMMX) | $-557.03K | 0.00% | 0.00x | $1.43 Million |
| Astec Industries Inc (ASTE) | $193.89 Million | -2.43% | 1.15x | $1.20 Billion |
| Austin Engineering Limited (AUSTF) | $119.42 Million | -41.40% | 1.27x | $116.99 Million |
| Buhler Industries Inc (BIIAF) | $63.76 Million | 20.96% | 1.45x | $1.51 Million |