Massimo Group Common Stock (MAMO) - Net Assets
Based on the latest financial reports, Massimo Group Common Stock (MAMO) has net assets worth $23.71 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($51.43 Million) and total liabilities ($27.72 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 MAMO asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $23.71 Million |
| % of Total Assets | 46.1% |
| Annual Growth Rate | 16.42% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 96.33 |
Massimo Group Common Stock - Net Assets Trend (2021–2025)
This chart illustrates how Massimo Group Common Stock's net assets have evolved over time, based on quarterly financial data. Also explore MAMO current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Massimo Group Common Stock (2021–2025)
The table below shows the annual net assets of Massimo Group Common Stock from 2021 to 2025. For live valuation and market cap data, see market cap of Massimo Group Common Stock.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $23.71 Million | +9.25% |
| 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 28.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.56 Million | 69.82% |
| Common Stock | $41.64K | 0.18% |
| Other Components | $7.11 Million | 30.00% |
| Total Equity | $23.71 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 |
|---|---|
|
PTRB
KLSE:0260
|
$41.64 Million |
|
SDN Company. Ltd
KQ:099220
|
$41.65 Million |
|
FOODWELL Co. Ltd
KQ:005670
|
$41.66 Million |
|
Batavia Prosperindo Finance
JK:BPFI
|
$41.68 Million |
|
Jembo Cable Company Tbk
JK:JECC
|
$41.64 Million |
|
Componenta Corp
HE:CTH1V
|
$41.63 Million |
|
Alpha Trust Mutual Fund and Alternative Investment Fund Management S.A
AT:ATRUST
|
$41.62 Million |
|
PESTECH International Bhd
KLSE:5219
|
$41.61 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 2024 to 2025, total equity changed from 21,704,320 to 23,712,605, a change of 2,008,285 (9.3%).
- Net income of 1,509,341 contributed positively to equity growth.
- Other comprehensive income increased equity by 832,158.
- Other factors decreased equity by 333,214.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.51 Million | +6.37% |
| Other Comprehensive Income | $832.16K | +3.51% |
| Other Changes | $-333.21K | -1.41% |
| Total Change | $- | 9.25% |
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: 1.77x
- 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 3.23x to 1.77x 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 | $1.01 | x |
| 2022-09-30 | $0.12 | $1.01 | x |
| 2023-09-30 | $0.37 | $1.01 | x |
| 2024-09-30 | $0.52 | $1.01 | x |
| 2025-09-30 | $0.57 | $1.01 | 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): 6.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.10%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 2.17x
- Recent ROE (6.37%) is below the historical average (40.22%), 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 |
| 2025 | 6.37% | 2.10% | 1.40x | 2.17x | $-861.92K |
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: $522,225,725
- Average return on equity (ROE) among peers: 6.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Massimo Group Common Stock (MAMO) | $23.71 Million | 36.55% | 1.17x | $41.64 Million |
| Brunswick Corporation (BC) | $1.31 Billion | 11.44% | 1.46x | $5.17 Billion |
| BRP Inc. (DOO) | $-69.66 Million | 0.00% | 0.00x | $2.03 Billion |
| EZGO Technologies Ltd (EZGO) | $12.33 Million | 14.10% | 0.55x | $27.15 Million |
| Forza X1 Inc (FRZA) | $1.54 Million | -34.59% | 0.45x | $3.15 Million |
| Harley-Davidson Inc (HOG) | $2.96 Billion | 25.73% | 0.66x | $2.68 Billion |
| Kandi Technologies Group Inc (KNDI) | $443.20 Million | 5.16% | 0.17x | $60.71 Million |
| LCI Industries (LCII) | $23.70 Million | 7.59% | 1.52x | $2.83 Billion |
| Malibu Boats Inc (MBUU) | $20.01 Million | 26.72% | 2.29x | $478.27 Million |
| MCBC Holdings Inc (MCFT) | $-3.79 Million | 0.00% | 0.00x | $381.72 Million |
About 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