Lifeway Foods Inc
Lifeway Foods, Inc. produces and markets probiotic-based products in the United States and internationally. The company's primary product is drinkable kefir, a cultured dairy product in various organic and non-organic sizes, flavors, and types. It offers European-style soft cheeses, including farmer and white cheeses, and sweet kiss; cream and other products; drinkable yogurt; ProBugs, a kefir pr… Read more
Lifeway Foods Inc (LWAY) - Net Assets
Latest net assets as of September 2025: $82.76 Million USD
Based on the latest financial reports, Lifeway Foods Inc (LWAY) has net assets worth $82.76 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 ($109.53 Million) and total liabilities ($26.76 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 | $82.76 Million |
| % of Total Assets | 75.57% |
| Annual Growth Rate | 11.91% |
| 5-Year Change | 53.48% |
| 10-Year Change | 58.89% |
| Growth Volatility | 21.58 |
Lifeway Foods Inc - Net Assets Trend (1989–2024)
This chart illustrates how Lifeway Foods 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 Lifeway Foods Inc (1989–2024)
The table below shows the annual net assets of Lifeway Foods Inc from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $71.91 Million | +18.99% |
| 2023-12-31 | $60.44 Million | +27.05% |
| 2022-12-31 | $47.57 Million | -3.18% |
| 2021-12-31 | $49.13 Million | +4.86% |
| 2020-12-31 | $46.85 Million | +8.33% |
| 2019-12-31 | $43.25 Million | +2.00% |
| 2018-12-31 | $42.41 Million | -8.98% |
| 2017-12-31 | $46.59 Million | -3.66% |
| 2016-12-31 | $48.36 Million | +6.86% |
| 2015-12-31 | $45.26 Million | +5.37% |
| 2014-12-31 | $42.95 Million | 0.00% |
| 2013-12-31 | $42.95 Million | +9.25% |
| 2012-12-31 | $39.31 Million | +11.19% |
| 2011-12-31 | $35.36 Million | +5.08% |
| 2010-12-31 | $33.65 Million | +3.31% |
| 2009-12-31 | $32.57 Million | +23.87% |
| 2008-12-31 | $26.29 Million | +1.86% |
| 2007-12-31 | $25.81 Million | +8.79% |
| 2006-12-31 | $23.73 Million | +19.25% |
| 2005-12-31 | $19.90 Million | +11.05% |
| 2004-12-31 | $17.92 Million | +13.46% |
| 2003-12-31 | $15.79 Million | +30.74% |
| 2002-12-31 | $12.08 Million | +4.59% |
| 2001-12-31 | $11.55 Million | +3.68% |
| 2000-12-31 | $11.14 Million | +7.12% |
| 1999-12-31 | $10.40 Million | +126.09% |
| 1998-12-31 | $4.60 Million | +17.95% |
| 1997-12-31 | $3.90 Million | +25.81% |
| 1996-12-31 | $3.10 Million | +24.00% |
| 1995-12-31 | $2.50 Million | +25.00% |
| 1994-12-31 | $2.00 Million | +11.11% |
| 1993-12-31 | $1.80 Million | 0.00% |
| 1992-12-31 | $1.80 Million | +12.50% |
| 1991-12-31 | $1.60 Million | +14.29% |
| 1990-12-31 | $1.40 Million | 0.00% |
| 1989-12-31 | $1.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Lifeway Foods 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 74722.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $74.82 Million | 104.05% |
| Common Stock | $6.51 Million | 9.05% |
| Total Equity | $71.91 Million | 100.00% |
Lifeway Foods Inc Competitors by Market Cap
The table below lists competitors of Lifeway Foods Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Serko Ltd
AU:SKO
|
$74.07 Million |
|
Suwen Tekstil Sanayi Pazarlama AS
IS:SUWEN
|
$74.10 Million |
|
Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528
|
$74.12 Million |
|
Vigo System SA
WAR:VGO
|
$74.15 Million |
|
Maithan Alloys Limited
NSE:MAITHANALL
|
$74.03 Million |
|
Ibervalles SOCIMI S.A.
MC:YIBV
|
$74.02 Million |
|
Ayes Celik Hasir ve Cit Sanayi AS
IS:AYES
|
$74.02 Million |
|
K-FAST HOLDING AB SER.B
F:6D90
|
$74.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Lifeway Foods Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 60,436,000 to 71,911,000, a change of 11,475,000 (19.0%).
- Net income of 9,025,000 contributed positively to equity growth.
- Other factors increased equity by 2,450,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $9.03 Million | +12.55% |
| Other Changes | $2.45 Million | +3.41% |
| Total Change | $- | 18.99% |
Book Value vs Market Value Analysis
This analysis compares Lifeway Foods 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: 4.08x
- 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 204.94x to 4.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $0.09 | $19.22 | x |
| 1990-12-31 | $0.09 | $19.22 | x |
| 1991-12-31 | $0.10 | $19.22 | x |
| 1992-12-31 | $0.13 | $19.22 | x |
| 1993-12-31 | $0.14 | $19.22 | x |
| 1994-12-31 | $0.15 | $19.22 | x |
| 1995-12-31 | $0.17 | $19.22 | x |
| 1996-12-31 | $0.21 | $19.22 | x |
| 1997-12-31 | $0.26 | $19.22 | x |
| 1998-12-31 | $0.30 | $19.22 | x |
| 1999-12-31 | $0.63 | $19.22 | x |
| 2000-12-31 | $0.64 | $19.22 | x |
| 2001-12-31 | $0.67 | $19.22 | x |
| 2002-12-31 | $0.71 | $19.22 | x |
| 2003-12-31 | $0.94 | $19.22 | x |
| 2004-12-31 | $1.06 | $19.22 | x |
| 2005-12-31 | $1.18 | $19.22 | x |
| 2006-12-31 | $1.41 | $19.22 | x |
| 2007-12-31 | $1.53 | $19.22 | x |
| 2008-12-31 | $1.57 | $19.22 | x |
| 2009-12-31 | $1.94 | $19.22 | x |
| 2010-12-31 | $2.02 | $19.22 | x |
| 2011-12-31 | $2.15 | $19.22 | x |
| 2012-12-31 | $2.40 | $19.22 | x |
| 2013-12-31 | $2.63 | $19.22 | x |
| 2014-12-31 | $2.63 | $19.22 | x |
| 2015-12-31 | $2.77 | $19.22 | x |
| 2016-12-31 | $2.99 | $19.22 | x |
| 2017-12-31 | $2.89 | $19.22 | x |
| 2018-12-31 | $2.60 | $19.22 | x |
| 2019-12-31 | $2.74 | $19.22 | x |
| 2020-12-31 | $2.97 | $19.22 | x |
| 2021-12-31 | $3.18 | $19.22 | x |
| 2022-12-31 | $3.03 | $19.22 | x |
| 2023-12-31 | $4.00 | $19.22 | x |
| 2024-12-31 | $4.71 | $19.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Lifeway Foods 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): 12.55%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.83%
- • Asset Turnover: 2.06x
- • Equity Multiplier: 1.26x
- Recent ROE (12.55%) is above the historical average (9.94%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1991 | 12.50% | 8.33% | 1.09x | 1.38x | $40.00K |
| 1992 | 5.88% | 4.17% | 0.73x | 1.94x | $-70.00K |
| 1993 | 5.56% | 3.33% | 0.94x | 1.78x | $-80.00K |
| 1994 | 10.00% | 5.71% | 1.00x | 1.75x | $0.00 |
| 1995 | 16.00% | 8.89% | 1.18x | 1.52x | $150.00K |
| 1996 | 19.35% | 11.32% | 1.00x | 1.71x | $290.00K |
| 1997 | 17.95% | 11.67% | 0.97x | 1.59x | $310.00K |
| 1998 | 17.39% | 11.76% | 0.99x | 1.50x | $340.00K |
| 1999 | 6.73% | 8.86% | 0.62x | 1.22x | $-340.00K |
| 2000 | 8.32% | 10.10% | 0.68x | 1.22x | $-186.90K |
| 2001 | 10.57% | 11.43% | 0.74x | 1.25x | $65.90K |
| 2002 | 12.65% | 12.52% | 0.85x | 1.18x | $320.69K |
| 2003 | 14.07% | 14.93% | 0.84x | 1.12x | $642.64K |
| 2004 | 11.45% | 12.57% | 0.83x | 1.10x | $260.24K |
| 2005 | 12.81% | 12.66% | 0.82x | 1.23x | $558.60K |
| 2006 | 12.20% | 10.45% | 0.84x | 1.39x | $522.98K |
| 2007 | 12.21% | 8.14% | 1.11x | 1.35x | $571.24K |
| 2008 | 7.27% | 4.30% | 1.28x | 1.32x | $-717.13K |
| 2009 | 17.10% | 9.58% | 1.13x | 1.58x | $2.31 Million |
| 2010 | 10.77% | 6.19% | 1.12x | 1.55x | $257.56K |
| 2011 | 8.08% | 4.08% | 1.36x | 1.46x | $-680.29K |
| 2012 | 14.30% | 6.91% | 1.52x | 1.36x | $1.69 Million |
| 2013 | 11.58% | 5.10% | 1.53x | 1.48x | $680.05K |
| 2014 | 11.58% | 5.10% | 1.53x | 1.48x | $680.05K |
| 2015 | 4.36% | 1.66% | 1.83x | 1.43x | $-2.55 Million |
| 2016 | 7.19% | 2.81% | 1.88x | 1.36x | $-1.36 Million |
| 2017 | -0.74% | -0.29% | 1.84x | 1.38x | $-5.00 Million |
| 2018 | -7.28% | -2.99% | 1.82x | 1.34x | $-7.33 Million |
| 2019 | 1.05% | 0.48% | 1.60x | 1.35x | $-3.87 Million |
| 2020 | 6.90% | 3.17% | 1.64x | 1.32x | $-1.45 Million |
| 2021 | 6.74% | 2.78% | 1.68x | 1.44x | $-1.60 Million |
| 2022 | 1.94% | 0.65% | 2.05x | 1.45x | $-3.83 Million |
| 2023 | 18.81% | 7.10% | 1.94x | 1.37x | $5.32 Million |
| 2024 | 12.55% | 4.83% | 2.06x | 1.26x | $1.83 Million |
Industry Comparison
This section compares Lifeway Foods Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $5,681,533,529
- Average return on equity (ROE) among peers: 0.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Lifeway Foods Inc (LWAY) | $82.76 Million | 12.50% | 0.32x | $74.04 Million |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Armanino Foods New (AMNF) | $21.40 Million | 30.30% | 0.33x | $72.33K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |