Descartes Systems Group Inc
The Descartes Systems Group Inc. provides global logistics technology solutions worldwide. Its Logistics Technology platform offers a range of modular, interoperable web and wireless logistics management solutions. The company provides a suite of solutions that include routing, mobile, and telematics; transportation management; ecommerce, shipping, and fulfillment; customs and regulatory complian… Read more
Descartes Systems Group Inc (DSGX) - Net Assets
Latest net assets as of October 2025: $1.55 Billion USD
Based on the latest financial reports, Descartes Systems Group Inc (DSGX) has net assets worth $1.55 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.82 Billion) and total liabilities ($269.02 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.55 Billion |
| % of Total Assets | 85.22% |
| Annual Growth Rate | 11.19% |
| 5-Year Change | 52.02% |
| 10-Year Change | 244.5% |
| Growth Volatility | 61.86 |
Descartes Systems Group Inc - Net Assets Trend (1997–2025)
This chart illustrates how Descartes Systems Group 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 Descartes Systems Group Inc (1997–2025)
The table below shows the annual net assets of Descartes Systems Group Inc from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | $1.39 Billion | +11.87% |
| 2024-01-31 | $1.24 Billion | +12.61% |
| 2023-01-31 | $1.10 Billion | +9.96% |
| 2022-01-31 | $999.82 Million | +9.74% |
| 2021-01-31 | $911.07 Million | +10.87% |
| 2020-01-31 | $821.71 Million | +54.02% |
| 2019-01-31 | $533.51 Million | +6.96% |
| 2018-01-31 | $498.81 Million | +15.84% |
| 2017-01-31 | $430.60 Million | +7.10% |
| 2016-01-31 | $402.04 Million | +2.98% |
| 2015-01-31 | $390.38 Million | +56.05% |
| 2014-01-31 | $250.16 Million | +5.53% |
| 2013-01-31 | $237.04 Million | +8.46% |
| 2012-01-31 | $218.56 Million | +6.35% |
| 2011-01-31 | $205.51 Million | +9.39% |
| 2010-01-31 | $187.87 Million | +41.87% |
| 2009-01-31 | $132.43 Million | +17.48% |
| 2008-01-31 | $112.72 Million | +79.64% |
| 2007-01-31 | $62.75 Million | +63.34% |
| 2006-01-31 | $38.42 Million | +7.49% |
| 2005-01-31 | $35.74 Million | -61.24% |
| 2004-01-31 | $92.20 Million | -40.41% |
| 2003-01-31 | $154.72 Million | -47.66% |
| 2002-01-31 | $295.60 Million | -1.63% |
| 2001-01-31 | $300.49 Million | +297.16% |
| 2000-01-31 | $75.66 Million | +60.30% |
| 1999-01-31 | $47.20 Million | -33.60% |
| 1998-01-31 | $71.08 Million | 0.00% |
| 1997-01-31 | $71.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Descartes Systems Group 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 37723931200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $364.03 Million | 26.28% |
| Common Stock | $568.34 Million | 41.04% |
| Other Comprehensive Income | $-50.50 Million | -3.65% |
| Other Components | $503.13 Million | 36.33% |
| Total Equity | $1.39 Billion | 100.00% |
Descartes Systems Group Inc Competitors by Market Cap
The table below lists competitors of Descartes Systems Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mondi plc
PINK:MNODF
|
$5.78 Billion |
|
Venture Global, Inc.
NYSE:VG
|
$5.78 Billion |
|
Prosperity Bancshares Inc
NYSE:PB
|
$5.78 Billion |
|
Bayan Resources Tbk
JK:BYAN
|
$5.78 Billion |
|
Noble Corporation plc
NYSE:NE
|
$5.77 Billion |
|
Meiji Holdings Co. Ltd
F:3M0
|
$5.76 Billion |
|
Ollie's Bargain Outlet Holdings Inc
F:OL6
|
$5.76 Billion |
|
Paycom Software, Inc.
NYSE:PAYC
|
$5.76 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Descartes Systems Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,238,034,000 to 1,385,003,000, a change of 146,969,000 (11.9%).
- Net income of 143,273,000 contributed positively to equity growth.
- Share repurchases of 6,745,000 reduced equity.
- New share issuances of 12,391,000 increased equity.
- Other comprehensive income decreased equity by 21,911,000.
- Other factors increased equity by 19,961,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $143.27 Million | +10.34% |
| Share Repurchases | $6.75 Million | -0.49% |
| Share Issuances | $12.39 Million | +0.89% |
| Other Comprehensive Income | $-21.91 Million | -1.58% |
| Other Changes | $19.96 Million | +1.44% |
| Total Change | $- | 11.87% |
Book Value vs Market Value Analysis
This analysis compares Descartes Systems Group 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: 4.55x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 11.55x to 4.55x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-01-31 | $6.25 | $72.13 | x |
| 1998-01-31 | $5.90 | $72.13 | x |
| 1999-01-31 | $1.43 | $72.13 | x |
| 2000-01-31 | $2.06 | $72.13 | x |
| 2001-01-31 | $6.80 | $72.13 | x |
| 2002-01-31 | $5.81 | $72.13 | x |
| 2003-01-31 | $2.96 | $72.13 | x |
| 2004-01-31 | $1.93 | $72.13 | x |
| 2005-01-31 | $0.88 | $72.13 | x |
| 2006-01-31 | $0.92 | $72.13 | x |
| 2007-01-31 | $1.35 | $72.13 | x |
| 2008-01-31 | $2.16 | $72.13 | x |
| 2009-01-31 | $2.47 | $72.13 | x |
| 2010-01-31 | $3.33 | $72.13 | x |
| 2011-01-31 | $3.27 | $72.13 | x |
| 2012-01-31 | $3.45 | $72.13 | x |
| 2013-01-31 | $3.71 | $72.13 | x |
| 2014-01-31 | $3.89 | $72.13 | x |
| 2015-01-31 | $5.45 | $72.13 | x |
| 2016-01-31 | $5.26 | $72.13 | x |
| 2017-01-31 | $5.63 | $72.13 | x |
| 2018-01-31 | $6.47 | $72.13 | x |
| 2019-01-31 | $6.86 | $72.13 | x |
| 2020-01-31 | $9.92 | $72.13 | x |
| 2021-01-31 | $10.62 | $72.13 | x |
| 2022-01-31 | $11.60 | $72.13 | x |
| 2023-01-31 | $12.72 | $72.13 | x |
| 2024-01-31 | $14.26 | $72.13 | x |
| 2025-01-31 | $15.86 | $72.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Descartes Systems Group 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): 10.34%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.01%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 1.19x
- Recent ROE (10.34%) is above the historical average (-9.95%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -16.46% | -57.05% | 0.24x | 1.21x | $-18.81 Million |
| 1998 | -16.36% | -56.74% | 0.22x | 1.28x | $-17.70 Million |
| 1999 | -54.87% | -53.07% | 0.78x | 1.32x | $-30.62 Million |
| 2000 | -32.34% | -56.04% | 0.48x | 1.19x | $-32.04 Million |
| 2001 | -10.52% | -47.45% | 0.17x | 1.33x | $-61.67 Million |
| 2002 | -19.86% | -73.84% | 0.20x | 1.31x | $-88.28 Million |
| 2003 | -89.32% | -196.35% | 0.29x | 1.57x | $-153.67 Million |
| 2004 | -46.37% | -71.51% | 0.46x | 1.40x | $-51.97 Million |
| 2005 | -154.82% | -119.26% | 0.64x | 2.03x | $-58.90 Million |
| 2006 | 7.78% | 6.54% | 0.98x | 1.22x | $-852.60K |
| 2007 | 6.35% | 7.67% | 0.73x | 1.14x | $-2.29 Million |
| 2008 | 19.91% | 38.02% | 0.47x | 1.12x | $11.17 Million |
| 2009 | 15.26% | 30.60% | 0.45x | 1.10x | $6.97 Million |
| 2010 | 7.64% | 19.45% | 0.35x | 1.11x | $-4.44 Million |
| 2011 | 5.61% | 11.63% | 0.41x | 1.17x | $-9.01 Million |
| 2012 | 5.50% | 10.55% | 0.44x | 1.18x | $-9.83 Million |
| 2013 | 6.75% | 12.61% | 0.46x | 1.16x | $-7.71 Million |
| 2014 | 3.84% | 6.35% | 0.44x | 1.38x | $-15.40 Million |
| 2015 | 3.86% | 8.81% | 0.38x | 1.14x | $-23.98 Million |
| 2016 | 5.11% | 11.12% | 0.41x | 1.13x | $-19.64 Million |
| 2017 | 5.54% | 11.70% | 0.41x | 1.16x | $-19.22 Million |
| 2018 | 5.39% | 11.32% | 0.38x | 1.25x | $-23.00 Million |
| 2019 | 5.86% | 11.37% | 0.42x | 1.22x | $-22.07 Million |
| 2020 | 4.50% | 11.36% | 0.35x | 1.15x | $-45.17 Million |
| 2021 | 5.72% | 14.94% | 0.33x | 1.17x | $-39.01 Million |
| 2022 | 8.63% | 20.32% | 0.36x | 1.19x | $-13.70 Million |
| 2023 | 9.30% | 21.04% | 0.37x | 1.20x | $-7.70 Million |
| 2024 | 9.36% | 20.23% | 0.39x | 1.19x | $-7.90 Million |
| 2025 | 10.34% | 22.01% | 0.40x | 1.19x | $4.77 Million |
Industry Comparison
This section compares Descartes Systems Group Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $679,817,884
- Average return on equity (ROE) among peers: -17.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Descartes Systems Group Inc (DSGX) | $1.55 Billion | -16.46% | 0.17x | $5.77 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $849.93K | -14.47% | 0.09x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $1.10 Billion | 24.20% | 0.41x | $103.05 Billion |
| Adcore Inc (ADCOF) | $1.19 Million | -17.83% | 0.01x | $3.03 Million |
| ADEIA CORP (ADEA) | $572.18 Million | 12.20% | 0.08x | $2.45 Billion |
| Automatic Data Processing Inc (ADP) | $5.32 Billion | 25.04% | 3.76x | $84.01 Billion |
| Autodesk Inc (ADSK) | $-256.00 Million | 0.00% | 0.00x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-2.61 Million | 0.00% | 0.00x | $0.96 |
| AudioEye Inc (AEYE) | $17.60 Million | -71.80% | 0.67x | $49.81 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.93 |