Massimo Group Common Stock
Massimo Group, through its subsidiaries, manufactures and sells utility terrain vehicles, all-terrain vehicles, and pontoon and tritoon boats in the United States. The company offers motorcycles, scooters, golf carts, and go karts and balance bikes, as well as snow equipment. It also provides accessories, including EV chargers, electric coolers, power stations, and portable solar panels. The comp… Read more
Massimo Group Common Stock (MAMO) - Net Assets
Latest net assets as of September 2025: $21.72 Million USD
Based on the latest financial reports, Massimo Group Common Stock (MAMO) has net assets worth $21.72 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 ($44.38 Million) and total liabilities ($22.66 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 | $21.72 Million |
| % of Total Assets | 48.94% |
| Annual Growth Rate | 18.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 108.17 |
Massimo Group Common Stock - Net Assets Trend (2021–2024)
This chart illustrates how Massimo Group Common Stock's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Massimo Group Common Stock (2021–2024)
The table below shows the annual net assets of Massimo Group Common Stock from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-09-30 | $21.70 Million | +41.67% |
| 2023-09-30 | $15.32 Million | +202.12% |
| 2022-09-30 | $5.07 Million | -60.72% |
| 2021-09-30 | $12.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Massimo Group Common Stock'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 16.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $15.05 Million | 69.33% |
| Common Stock | $41.54K | 0.19% |
| Other Comprehensive Income | $-832.16K | -3.83% |
| Other Components | $7.45 Million | 34.31% |
| Total Equity | $21.70 Million | 100.00% |
Massimo Group Common Stock Competitors by Market Cap
The table below lists competitors of Massimo Group Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ikonisys SA
PA:ALIKO
|
$9.76 Million |
|
23Andme Holding Co
NASDAQ:ME
|
$9.76 Million |
|
JET Optoelectronics Co., Ltd.
TWO:2255
|
$9.76 Million |
|
M & A EQUITY HOLDINGS BERHAD
KLSE:7082
|
$9.77 Million |
|
We Buy Cars Hlds Ltd
JSE:WBC
|
$9.76 Million |
|
Homeritz Corporation Bhd
KLSE:5160
|
$9.76 Million |
|
Jioushun Construction Co., Ltd.
TWO:5547
|
$9.75 Million |
|
Yorbeau Resources Inc
PINK:YRBAF
|
$9.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Massimo Group Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,319,965 to 21,704,320, a change of 6,384,355 (41.7%).
- Net income of 1,761,909 contributed positively to equity growth.
- New share issuances of 5,043,250 increased equity.
- Other factors decreased equity by 420,804.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.76 Million | +8.12% |
| Share Issuances | $5.04 Million | +23.24% |
| Other Changes | $-420.80K | -1.94% |
| Total Change | $- | 41.67% |
Book Value vs Market Value Analysis
This analysis compares Massimo Group Common Stock'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: 2.11x
- 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 3.52x to 2.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-09-30 | $0.31 | $1.10 | x |
| 2022-09-30 | $0.12 | $1.10 | x |
| 2023-09-30 | $0.37 | $1.10 | x |
| 2024-09-30 | $0.52 | $1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Massimo Group Common Stock 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): 8.12%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.61%
- • Asset Turnover: 1.99x
- • Equity Multiplier: 2.53x
- Recent ROE (8.12%) is below the historical average (48.68%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 36.55% | 5.71% | 2.29x | 2.80x | $3.43 Million |
| 2022 | 82.07% | 4.81% | 2.35x | 7.27x | $3.65 Million |
| 2023 | 67.98% | 9.05% | 2.67x | 2.81x | $8.88 Million |
| 2024 | 8.12% | 1.61% | 1.99x | 2.53x | $-408.52K |
Industry Comparison
This section compares Massimo Group Common Stock's net assets metrics with peer companies in the Recreational Vehicles industry.
Industry Context
- Industry: Recreational Vehicles
- Average net assets among peers: $132,606,330
- Average return on equity (ROE) among peers: -14.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Massimo Group Common Stock (MAMO) | $21.72 Million | 36.55% | 1.04x | $9.76 Million |
| Alternet Systems Inc (ALYI) | $-168.02K | 0.00% | 0.00x | $74.94K |
| Brunswick Corporation (BC) | $1.10 Billion | 7.12% | 2.09x | $4.64 Billion |
| Bénéteau S.A (BTEAF) | $644.12 Million | 7.68% | 1.17x | $279.12 Million |
| Ev Dynamics (Holdings) Limited (CHDHF) | $21.54 Million | -64.69% | 0.65x | $2.95 Million |
| Curtiss Motorcycles Company Inc (CMOT) | $-1.30 Million | 0.00% | 0.00x | $411.06K |
| BRP Inc (DOOO) | $-474.90 Million | 0.00% | 0.00x | $2.73 Billion |
| Evil Empire Designs Inc. (EVVL) | $-119.34K | 0.00% | 0.00x | $5.82K |
| EZGO Technologies Ltd (EZGO) | $33.54 Million | -19.27% | 0.42x | $263.57K |
| Folkup Development Inc (FLDI) | $2.16K | -39.02% | 0.41x | $4.00 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $1.73 Million |