ENGlobal Corporation
ENGlobal Corporation provides engineering and professional project execution services primarily to the energy sector in the United States and internationally. It operates in two segments, Commercial and Government Services. The Commercial segment provides multi-disciplined engineering services and fabrication relating to the development, management, and execution of projects requiring professiona… Read more
ENGlobal Corporation (ENG) - Net Assets
Latest net assets as of September 2024: $-4.43 Million USD
Based on the latest financial reports, ENGlobal Corporation (ENG) has net assets worth $-4.43 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($13.23 Million) and total liabilities ($17.66 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 | $-4.43 Million |
| % of Total Assets | -33.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | -111.09% |
| 10-Year Change | -105.36% |
| Growth Volatility | 64.73 |
ENGlobal Corporation - Net Assets Trend (1997–2023)
This chart illustrates how ENGlobal Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ENGlobal Corporation (1997–2023)
The table below shows the annual net assets of ENGlobal Corporation from 1997 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $-1.55 Million | -115.06% |
| 2022-12-31 | $10.32 Million | -63.37% |
| 2021-12-31 | $28.19 Million | +106.94% |
| 2020-12-31 | $13.62 Million | -2.86% |
| 2019-12-31 | $14.02 Million | -9.46% |
| 2018-12-31 | $15.49 Million | -26.48% |
| 2017-12-31 | $21.07 Million | -42.76% |
| 2016-12-31 | $36.81 Million | -8.01% |
| 2015-12-31 | $40.01 Million | +37.82% |
| 2014-12-31 | $29.03 Million | +29.13% |
| 2013-12-31 | $22.48 Million | -11.13% |
| 2012-12-31 | $25.30 Million | -56.75% |
| 2011-12-31 | $58.50 Million | -10.14% |
| 2010-12-31 | $65.10 Million | -17.29% |
| 2009-12-31 | $78.71 Million | +2.53% |
| 2008-12-31 | $76.77 Million | +37.58% |
| 2007-12-31 | $55.80 Million | +36.55% |
| 2006-12-31 | $40.86 Million | +2.50% |
| 2005-12-31 | $39.86 Million | +98.82% |
| 2004-12-31 | $20.05 Million | +10.32% |
| 2003-12-31 | $18.17 Million | +35.75% |
| 2002-12-31 | $13.39 Million | -6.67% |
| 2001-12-31 | $14.35 Million | +244.95% |
| 2000-12-31 | $4.16 Million | +3.97% |
| 1999-12-31 | $4.00 Million | -9.09% |
| 1998-12-31 | $4.40 Million | +29.41% |
| 1997-12-31 | $3.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ENGlobal Corporation'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 5342.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $5.00K | % |
| Other Components | $61.35 Million | % |
| Total Equity | $-1.55 Million | 100.00% |
ENGlobal Corporation Competitors by Market Cap
The table below lists competitors of ENGlobal Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Compagnie de Chemins de Fer Départementaux Société Anonyme
PA:MLCFD
|
$3.58 Million |
|
Lyckegard Group AB
ST:LYGRD
|
$3.58 Million |
|
Basel Medical Group Ltd Ordinary Shares
NASDAQ:BMGL
|
$3.58 Million |
|
CANEX Metals Inc
PINK:NOMNF
|
$3.58 Million |
|
Eventiko Inc
PINK:EVTK
|
$3.58 Million |
|
Smartlink Holdings Limited
NSE:SMARTLINK
|
$3.58 Million |
|
Nubian Resources Ltd
OTCQB:NBRFF
|
$3.58 Million |
|
Thruvision Group plc
PINK:DIGTF
|
$3.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENGlobal Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 10,325,000 to -1,555,000, a change of -11,880,000 (-115.1%).
- Net loss of 15,153,000 reduced equity.
- New share issuances of 2,962,000 increased equity.
- Other factors increased equity by 311,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-15.15 Million | -974.47% |
| Share Issuances | $2.96 Million | +190.48% |
| Other Changes | $311.00K | +20.0% |
| Total Change | $- | -115.06% |
Book Value vs Market Value Analysis
This analysis compares ENGlobal Corporation'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.26 | $1.08 | x |
| 1998-12-31 | $0.34 | $1.08 | x |
| 1999-12-31 | $0.31 | $1.08 | x |
| 2000-12-31 | $0.32 | $1.08 | x |
| 2001-12-31 | $1.08 | $1.08 | x |
| 2002-12-31 | $0.58 | $1.08 | x |
| 2003-12-31 | $0.77 | $1.08 | x |
| 2004-12-31 | $0.84 | $1.08 | x |
| 2005-12-31 | $1.58 | $1.08 | x |
| 2006-12-31 | $1.54 | $1.08 | x |
| 2007-12-31 | $2.03 | $1.08 | x |
| 2008-12-31 | $2.77 | $1.08 | x |
| 2009-12-31 | $2.86 | $1.08 | x |
| 2010-12-31 | $2.40 | $1.08 | x |
| 2011-12-31 | $2.19 | $1.08 | x |
| 2012-12-31 | $0.94 | $1.08 | x |
| 2013-12-31 | $0.83 | $1.08 | x |
| 2014-12-31 | $1.05 | $1.08 | x |
| 2015-12-31 | $1.43 | $1.08 | x |
| 2016-12-31 | $1.33 | $1.08 | x |
| 2017-12-31 | $0.77 | $1.08 | x |
| 2018-12-31 | $0.56 | $1.08 | x |
| 2019-12-31 | $4.09 | $1.08 | x |
| 2020-12-31 | $3.97 | $1.08 | x |
| 2021-12-31 | $7.07 | $1.08 | x |
| 2022-12-31 | $2.32 | $1.08 | x |
| 2023-12-31 | $-0.31 | $1.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENGlobal Corporation 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.82%
- • Asset Turnover: 2.08x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-12.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 11.76% | 3.81% | 1.94x | 1.59x | $60.00K |
| 1998 | 9.09% | 2.99% | 1.70x | 1.80x | $-40.00K |
| 1999 | -7.50% | -2.46% | 2.07x | 1.48x | $-700.00K |
| 2000 | 9.16% | 2.24% | 2.41x | 1.70x | $-35.01K |
| 2001 | 6.84% | 4.45% | 0.58x | 2.67x | $-452.76K |
| 2002 | 13.08% | 1.91% | 2.29x | 2.99x | $412.94K |
| 2003 | 12.72% | 1.87% | 2.91x | 2.34x | $494.22K |
| 2004 | 11.79% | 1.59% | 2.60x | 2.86x | $359.30K |
| 2005 | 12.00% | 2.05% | 3.08x | 1.90x | $795.92K |
| 2006 | -8.53% | -1.15% | 2.85x | 2.60x | $-7.57 Million |
| 2007 | 22.34% | 3.43% | 3.04x | 2.14x | $6.88 Million |
| 2008 | 23.78% | 3.70% | 3.23x | 1.99x | $10.58 Million |
| 2009 | 1.57% | 0.36% | 3.10x | 1.41x | $-6.64 Million |
| 2010 | -18.05% | -3.67% | 2.91x | 1.69x | $-18.26 Million |
| 2011 | -12.10% | -2.26% | 3.00x | 1.78x | $-12.93 Million |
| 2012 | -132.82% | -14.74% | 2.90x | 3.11x | $-36.13 Million |
| 2013 | -13.29% | -1.77% | 3.69x | 2.04x | $-5.24 Million |
| 2014 | 20.77% | 5.59% | 2.09x | 1.78x | $3.13 Million |
| 2015 | 26.33% | 13.24% | 1.53x | 1.30x | $6.53 Million |
| 2016 | -6.36% | -3.95% | 1.33x | 1.21x | $-6.02 Million |
| 2017 | -77.17% | -29.15% | 1.91x | 1.39x | $-18.36 Million |
| 2018 | -36.61% | -10.50% | 2.42x | 1.44x | $-7.22 Million |
| 2019 | -10.45% | -2.60% | 1.97x | 2.05x | $-2.87 Million |
| 2020 | -4.59% | -0.97% | 2.12x | 2.23x | $-1.99 Million |
| 2021 | -20.17% | -15.61% | 0.87x | 1.49x | $-8.50 Million |
| 2022 | -179.31% | -46.07% | 1.34x | 2.91x | $-19.55 Million |
| 2023 | 0.00% | -38.82% | 2.08x | 0.00x | $-15.00 Million |
Industry Comparison
This section compares ENGlobal Corporation's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,646,543,800
- Average return on equity (ROE) among peers: 16.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ENGlobal Corporation (ENG) | $-4.43 Million | 11.76% | N/A | $3.58 Million |
| Arcosa Inc (ACA) | $2.43 Billion | 3.86% | 1.02x | $5.06 Billion |
| Aecom Technology Corporation (ACM) | $-181.00 Million | 0.00% | 0.00x | $11.42 Billion |
| ACS Actividades de Construcción y Servicios S.A (ACSAF) | $4.44 Billion | 29.55% | 6.70x | $8.35 Billion |
| Acciona S.A (ACXIF) | $6.30 Billion | 7.00% | 2.58x | $3.04 Billion |
| Aecon Group Inc (AEGXF) | $153.60 Million | 7.49% | 3.66x | $737.44 Million |
| ÅF Pöyry AB (publ) (AFXXF) | $551.78 Million | 41.72% | 1.52x | $1.66 Billion |
| Abengoa S.A (AGOAF) | $797.49 Million | 15.10% | 9.17x | $1.82 Million |
| AF Gruppen ASA (AGRUF) | $1.95 Billion | 35.44% | 2.36x | $547.02 Million |
| Argan Inc (AGX) | $3.70 Million | 24.32% | 1.27x | $6.30 Billion |
| Amelco Corporation (AMLC) | $15.28 Million | 4.60% | 1.62x | $2.84 |