European Wax Center Inc (EWCZ) - Net Assets
Based on the latest financial reports, European Wax Center Inc (EWCZ) has net assets worth $104.81 Million USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($720.70 Million) and total liabilities ($615.89 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 EWCZ goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $104.81 Million |
| % of Total Assets | 14.54% |
| Annual Growth Rate | -21.85% |
| 5-Year Change | -71.2% |
| 10-Year Change | N/A |
| Growth Volatility | 24.36 |
European Wax Center Inc - Net Assets Trend (2019–2024)
This chart illustrates how European Wax Center Inc's net assets have evolved over time, based on quarterly financial data. See EWCZ days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for European Wax Center Inc (2019–2024)
The table below shows the annual net assets of European Wax Center Inc from 2019 to 2024. For live valuation and market cap data, see EWCZ market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $91.59 Million | -20.36% |
| 2023-12-31 | $115.00 Million | -11.74% |
| 2022-12-31 | $130.30 Million | -61.81% |
| 2021-12-31 | $341.24 Million | +7.30% |
| 2020-12-31 | $318.02 Million | +1.18% |
| 2019-12-31 | $314.32 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to European Wax Center 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 4539800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $164.46 Million | 256.78% |
| Total Equity | $64.05 Million | 100.00% |
European Wax Center Inc Competitors by Market Cap
The table below lists competitors of European Wax Center Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asia Polymer Corp
TW:1308
|
$256.27 Million |
|
Guangzheng Group Co Ltd
SHE:002524
|
$256.39 Million |
|
Kenmare Resources PLC
IR:KMR
|
$256.40 Million |
|
Dharma Polimetal Tbk PT
JK:DRMA
|
$256.44 Million |
|
Jiangsu Huaxin New Material Co Ltd Class A
SHE:300717
|
$256.12 Million |
|
Vitruvio Real Estate Socimi
MC:YVIT
|
$256.09 Million |
|
Shenzhen Auto Electric Power Plant Co Ltd
SHE:002227
|
$256.01 Million |
|
Amorepacific Corp Pref
KO:090435
|
$255.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in European Wax Center Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 82,024,000 to 64,047,000, a change of -17,977,000 (-21.9%).
- Net income of 10,462,000 contributed positively to equity growth.
- Dividend payments of 789,000 reduced retained earnings.
- Share repurchases of 40,148,000 reduced equity.
- Other factors increased equity by 12,498,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $10.46 Million | +16.33% |
| Dividends Paid | $789.00K | -1.23% |
| Share Repurchases | $40.15 Million | -62.69% |
| Other Changes | $12.50 Million | +19.51% |
| Total Change | $- | -21.92% |
Book Value vs Market Value Analysis
This analysis compares European Wax Center 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: 4.26x
- 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 increased from 0.58x to 4.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $10.02 | $5.82 | x |
| 2020-12-31 | $10.14 | $5.82 | x |
| 2021-12-31 | $4.86 | $5.82 | x |
| 2022-12-31 | $1.97 | $5.82 | x |
| 2023-12-31 | $1.65 | $5.82 | x |
| 2024-12-31 | $1.37 | $5.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently European Wax Center 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): 16.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.82%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 11.04x
- Recent ROE (16.33%) is above the historical average (4.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -7.76% | -15.82% | 0.27x | 1.83x | $-55.83 Million |
| 2020 | -6.76% | -20.79% | 0.17x | 1.91x | $-53.30 Million |
| 2021 | 3.85% | 3.87% | 0.29x | 3.42x | $-11.03 Million |
| 2022 | 9.25% | 3.52% | 0.29x | 9.06x | $-592.00K |
| 2023 | 10.61% | 3.94% | 0.30x | 8.95x | $501.60K |
| 2024 | 16.33% | 4.82% | 0.31x | 11.04x | $4.06 Million |
Industry Comparison
This section compares European Wax Center Inc's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $681,211,031
- Average return on equity (ROE) among peers: -402.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| European Wax Center Inc (EWCZ) | $104.81 Million | -7.76% | 5.88x | $256.18 Million |
| Acme United Corporation (ACU) | $20.60 Million | 6.31% | 1.00x | $158.51 Million |
| Bruush Oral Care Inc. (BRSHF) | $163.14K | -5449.60% | 11.70x | $10.10K |
| Park Ha Biological Technology Co., Ltd. (BYAH) | $150.28K | 127.30% | 15.76x | $12.69 Million |
| Church & Dwight Company Inc (CHD) | $2.06 Billion | 16.97% | 0.99x | $21.50 Billion |
| Colgate-Palmolive Company (CL) | $197.00 Million | 1218.27% | 60.73x | $70.06 Billion |
| The Clorox Company (CLX) | $932.80 Million | 23.81% | 1.34x | $10.75 Billion |
| Coty Inc (COTY) | $1.62 Billion | 10.40% | 3.00x | $1.67 Billion |
| Carmell Therapeutics Corporation (CTCX) | $-37.79 Million | 0.00% | 0.00x | $4.61 Million |
| Big Tree Cloud Holdings Limited Ordinary Shares (DSY) | $57.19 Million | 0.22% | 0.04x | $5.78 Million |
| Estee Lauder Companies Inc (EL) | $1.97 Billion | 24.34% | 1.71x | $20.39 Billion |
About European Wax Center Inc
European Wax Center, Inc. operates as the franchisor and operator of out-of-home waxing services in the United States. It offers body and facial waxing services; and pre- and post-service products, including ingrown hair serums, exfoliating gels, brow shapers, and skin treatments, as well as skincare retail products. European Wax Center, Inc. was founded in 2004 and is headquartered in Plano, Tex… Read more