Fox Factory Holding Corp
Fox Factory Holding Corp. designs, engineers, manufactures, and markets performance-defining products and system worldwide. The company offers powered vehicle products for off-road vehicles and trucks, side-by-sides, on-road vehicles with and without off-road capabilities, ATVs, snowmobiles, specialty vehicles and applications, and motorcycles; aftermarket truck suspension component products; sus… Read more
Fox Factory Holding Corp (FOXF) - Net Assets
Latest net assets as of September 2025: $955.82 Million USD
Based on the latest financial reports, Fox Factory Holding Corp (FOXF) has net assets worth $955.82 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 ($1.97 Billion) and total liabilities ($1.02 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 | $955.82 Million |
| % of Total Assets | 48.4% |
| Annual Growth Rate | 24.81% |
| 5-Year Change | 67.02% |
| 10-Year Change | 688.88% |
| Growth Volatility | 57.95 |
Fox Factory Holding Corp - Net Assets Trend (2011–2024)
This chart illustrates how Fox Factory Holding Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fox Factory Holding Corp (2011–2024)
The table below shows the annual net assets of Fox Factory Holding Corp from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.20 Billion | -1.69% |
| 2023-12-31 | $1.22 Billion | +8.95% |
| 2022-12-31 | $1.12 Billion | +25.42% |
| 2021-12-31 | $894.08 Million | +24.32% |
| 2020-12-31 | $719.17 Million | +70.34% |
| 2019-12-31 | $422.20 Million | +31.44% |
| 2018-12-31 | $321.20 Million | +36.78% |
| 2017-12-31 | $234.84 Million | +26.98% |
| 2016-12-31 | $184.94 Million | +21.46% |
| 2015-12-31 | $152.26 Million | +18.21% |
| 2014-12-31 | $128.81 Million | +39.56% |
| 2013-12-31 | $92.29 Million | +211.97% |
| 2012-12-31 | $29.58 Million | -56.04% |
| 2011-12-31 | $67.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fox Factory Holding Corp'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 2539.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $875.40 Million | 72.88% |
| Common Stock | $42.00K | 0.00% |
| Other Comprehensive Income | $224.00K | 0.02% |
| Other Components | $325.51 Million | 27.10% |
| Total Equity | $1.20 Billion | 100.00% |
Fox Factory Holding Corp Competitors by Market Cap
The table below lists competitors of Fox Factory Holding Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sigma Lithium Resources Corp
NASDAQ:SGML
|
$680.96 Million |
|
KODIAK SCIENCES DL-0001
F:K27
|
$681.04 Million |
|
Deutsche Pfandbriefbank AG
OTCGREY:PBBGF
|
$681.08 Million |
|
Bicara Therapeutics Inc. Common Stock
NASDAQ:BCAX
|
$681.15 Million |
|
Carasso Real Estate Ltd
TA:CRSR
|
$680.28 Million |
|
Shandong Gettop Acoustic Co Ltd
SHE:002655
|
$680.25 Million |
|
Olav Thon Eiendomsselskap ASA
LSE:0FHP
|
$679.67 Million |
|
Sumitomo Osaka Cement Co. Ltd
F:SU2
|
$679.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fox Factory Holding Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,221,761,000 to 1,201,182,000, a change of -20,579,000 (-1.7%).
- Net income of 6,550,000 contributed positively to equity growth.
- Share repurchases of 25,000,000 reduced equity.
- Other comprehensive income decreased equity by 8,817,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.55 Million | +0.55% |
| Share Repurchases | $25.00 Million | -2.08% |
| Other Comprehensive Income | $-8.82 Million | -0.73% |
| Other Changes | $6.69 Million | +0.56% |
| Total Change | $- | -1.68% |
Book Value vs Market Value Analysis
This analysis compares Fox Factory Holding Corp'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: 0.57x
- 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 8.31x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $1.97 | $16.37 | x |
| 2012-12-31 | $0.87 | $16.37 | x |
| 2013-12-31 | $2.58 | $16.37 | x |
| 2014-12-31 | $3.41 | $16.37 | x |
| 2015-12-31 | $4.02 | $16.37 | x |
| 2016-12-31 | $4.89 | $16.37 | x |
| 2017-12-31 | $6.06 | $16.37 | x |
| 2018-12-31 | $8.25 | $16.37 | x |
| 2019-12-31 | $10.78 | $16.37 | x |
| 2020-12-31 | $17.63 | $16.37 | x |
| 2021-12-31 | $21.10 | $16.37 | x |
| 2022-12-31 | $26.46 | $16.37 | x |
| 2023-12-31 | $28.79 | $16.37 | x |
| 2024-12-31 | $28.79 | $16.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fox Factory Holding Corp 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): 0.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.47%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.86x
- Recent ROE (0.55%) is below the historical average (19.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 20.12% | 6.85% | 1.52x | 1.93x | $6.81 Million |
| 2012 | 48.03% | 6.02% | 1.66x | 4.80x | $11.25 Million |
| 2013 | 26.11% | 8.84% | 1.73x | 1.71x | $14.87 Million |
| 2014 | 21.49% | 9.03% | 1.19x | 2.01x | $14.81 Million |
| 2015 | 16.39% | 6.80% | 1.32x | 1.83x | $9.73 Million |
| 2016 | 19.29% | 8.85% | 1.20x | 1.81x | $17.18 Million |
| 2017 | 18.37% | 9.07% | 1.11x | 1.82x | $19.64 Million |
| 2018 | 26.16% | 13.57% | 1.28x | 1.51x | $51.92 Million |
| 2019 | 22.04% | 12.39% | 1.23x | 1.44x | $50.81 Million |
| 2020 | 12.61% | 10.18% | 0.69x | 1.79x | $18.76 Million |
| 2021 | 18.32% | 12.61% | 0.86x | 1.70x | $74.41 Million |
| 2022 | 18.31% | 12.81% | 0.99x | 1.44x | $93.14 Million |
| 2023 | 9.89% | 8.25% | 0.65x | 1.84x | $-1.33 Million |
| 2024 | 0.55% | 0.47% | 0.62x | 1.86x | $-113.57 Million |
Industry Comparison
This section compares Fox Factory Holding Corp's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $94,031,693,577
- Average return on equity (ROE) among peers: 7.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fox Factory Holding Corp (FOXF) | $955.82 Million | 20.12% | 1.07x | $680.61 Million |
| Altisource Asset Management Corporation (AAMCF) | $-166.58 Million | 0.00% | 0.00x | $94.00 |
| Advance Auto Parts Inc (AAP) | $919.77 Million | 25.52% | 1.76x | $3.10 Billion |
| AB Dynamics plc (ABDDF) | $125.16 Million | 8.78% | 0.36x | $390.81 Million |
| Adient PLC (ADNT) | $4.62 Billion | 18.98% | 1.85x | $1.57 Billion |
| Agristar Inc (AGRS) | $687.77K | -63.01% | 1.48x | $99.67 |
| Akebono Brake Industry Co. Ltd (AKBIF) | $54.74 Billion | 12.11% | 1.84x | $73.29 Million |
| Allison Transmission Holdings Inc (ALSN) | $1.40 Billion | 16.35% | 2.44x | $9.85 Billion |
| Autoliv Inc (ALV) | $3.78 Billion | 12.79% | 0.74x | $7.75 Billion |
| Aptiv PLC (APTV) | $3.01 Billion | 44.84% | 2.56x | $15.18 Billion |
| Aisin Seiki Co Ltd (ASEKY) | $871.89 Billion | 1.90% | 1.27x | $5.03 Billion |