National Vision Holdings Inc
National Vision Holdings, Inc., through its subsidiaries, operates as an optical retailer in the United States. It operates in two segments, Owned & Host and Legacy. The company offers eyeglasses and contact lenses, and optical accessory products; provides eye exams through its America's Best, Eyeglass World, Vista Optical, Fred Meyer, Vista Optical military, Discount Contacts, and Walmart Vision… Read more
National Vision Holdings Inc (EYE) - Net Assets
Latest net assets as of September 2025: $858.76 Million USD
Based on the latest financial reports, National Vision Holdings Inc (EYE) has net assets worth $858.76 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 ($1.96 Billion) and total liabilities ($1.10 Billion). 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 | $858.76 Million |
| % of Total Assets | 43.85% |
| Annual Growth Rate | 8.67% |
| 5-Year Change | -9.95% |
| 10-Year Change | N/A |
| Growth Volatility | 20.35 |
National Vision Holdings Inc - Net Assets Trend (2015–2024)
This chart illustrates how National Vision Holdings 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 National Vision Holdings Inc (2015–2024)
The table below shows the annual net assets of National Vision Holdings Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $816.33 Million | -1.58% |
| 2023-12-31 | $829.42 Million | -7.96% |
| 2022-12-31 | $901.11 Million | -2.69% |
| 2021-12-31 | $925.98 Million | +2.15% |
| 2020-12-31 | $906.50 Million | +16.75% |
| 2019-12-31 | $776.44 Million | +4.48% |
| 2018-12-31 | $743.15 Million | +12.67% |
| 2017-12-31 | $659.59 Million | +64.12% |
| 2016-12-31 | $401.89 Million | +4.05% |
| 2015-12-31 | $386.23 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to National Vision Holdings 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 24955000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $226.12 Million | 27.70% |
| Common Stock | $854.00K | 0.10% |
| Other Components | $589.36 Million | 72.20% |
| Total Equity | $816.33 Million | 100.00% |
National Vision Holdings Inc Competitors by Market Cap
The table below lists competitors of National Vision Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jiangsu Aucksun Co Ltd
SHE:002245
|
$2.17 Billion |
|
Par Pacific Holdings Inc
NYSE:PARR
|
$2.17 Billion |
|
Shanghai Jin Jiang International Hotels Development Co Ltd A
SHG:600754
|
$2.17 Billion |
|
Sh Belling
SHG:600171
|
$2.17 Billion |
|
Taihan Electric Wire Co Ltd
KO:001440
|
$2.17 Billion |
|
USA Technologies Inc Pref Series A
PINK:CTLPP
|
$2.17 Billion |
|
CarGurus Inc
F:0C6
|
$2.17 Billion |
|
Tate & Lyle plc
OTCQX:TATYF
|
$2.17 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in National Vision Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 829,418,000 to 816,333,000, a change of -13,085,000 (-1.6%).
- Net loss of 28,499,000 reduced equity.
- Share repurchases of 3,092,000 reduced equity.
- New share issuances of 1,507,000 increased equity.
- Other comprehensive income increased equity by 419,000.
- Other factors increased equity by 16,580,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-28.50 Million | -3.49% |
| Share Repurchases | $3.09 Million | -0.38% |
| Share Issuances | $1.51 Million | +0.18% |
| Other Comprehensive Income | $419.00K | +0.05% |
| Other Changes | $16.58 Million | +2.03% |
| Total Change | $- | -1.58% |
Book Value vs Market Value Analysis
This analysis compares National Vision Holdings 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: 2.69x
- 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 5.24x to 2.69x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $5.34 | $27.99 | x |
| 2016-12-31 | $5.56 | $27.99 | x |
| 2017-12-31 | $10.63 | $27.99 | x |
| 2018-12-31 | $9.40 | $27.99 | x |
| 2019-12-31 | $9.51 | $27.99 | x |
| 2020-12-31 | $10.95 | $27.99 | x |
| 2021-12-31 | $9.63 | $27.99 | x |
| 2022-12-31 | $11.22 | $27.99 | x |
| 2023-12-31 | $10.59 | $27.99 | x |
| 2024-12-31 | $10.39 | $27.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently National Vision Holdings 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): -3.49%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.56%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 2.46x
- Recent ROE (-3.49%) is below the historical average (3.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 0.94% | 0.34% | 0.72x | 3.82x | $-35.01 Million |
| 2016 | 3.67% | 1.23% | 0.78x | 3.81x | $-25.43 Million |
| 2017 | 6.95% | 3.33% | 0.87x | 2.40x | $-20.14 Million |
| 2018 | 3.18% | 1.54% | 0.93x | 2.24x | $-50.66 Million |
| 2019 | 4.22% | 1.90% | 0.85x | 2.62x | $-44.85 Million |
| 2020 | 4.00% | 2.12% | 0.73x | 2.57x | $-54.37 Million |
| 2021 | 13.85% | 6.17% | 0.91x | 2.48x | $35.65 Million |
| 2022 | 4.67% | 2.56% | 0.72x | 2.54x | $-47.99 Million |
| 2023 | -7.95% | -3.10% | 0.98x | 2.62x | $-148.84 Million |
| 2024 | -3.49% | -1.56% | 0.91x | 2.46x | $-110.13 Million |
Industry Comparison
This section compares National Vision Holdings Inc's net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $866,355,577
- Average return on equity (ROE) among peers: 86.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| National Vision Holdings Inc (EYE) | $858.76 Million | 0.94% | 1.28x | $2.17 Billion |
| Able View Global Inc. Class B Ordinary Shares (ABLV) | $7.74 Million | 76.78% | 1.27x | $8.70 Million |
| Alimentation Couchen Tard Inc A (ANCTF) | $3.22 Billion | 17.81% | 2.28x | $37.28 Billion |
| Arhaus Inc (ARHS) | $3.03 Million | 248.25% | 87.69x | $382.69 Million |
| Arko Corp (ARKO) | $194.89 Million | -22.34% | 8.48x | $238.69 Million |
| Academy Sports Outdoors Inc (ASO) | $857.04 Million | 2.50% | 2.78x | $3.28 Billion |
| BARK, Inc. (BARK) | $203.74 Million | -15.41% | 0.25x | $89.87 Million |
| Build-A-Bear Workshop Inc (BBW) | $88.73 Million | 0.29% | 2.35x | $438.23 Million |
| Bath & Body Works Inc. (BBWI) | $2.27 Billion | 20.34% | 0.80x | $4.13 Billion |
| Best Buy Co. Inc (BBY) | $1.82 Billion | 21.73% | 1.66x | $12.17 Billion |
| Big 5 Sporting Goods Corporation (BGFV) | $3.67 Million | 519.38% | 69.22x | $29.90 Million |