Manitex International Inc
Manitex International, Inc. provides engineered lifting solutions in the United States, Italy, Canada, Chile, France, and internationally. The company designs, manufactures, and distributes products that are used in various industries. It also offers boom trucks, truck cranes, and sign cranes products primarily for use in industrial projects, energy exploration, and infrastructure development com… Read more
Manitex International Inc (MNTX) - Net Assets
Latest net assets as of September 2024: $86.26 Million USD
Based on the latest financial reports, Manitex International Inc (MNTX) has net assets worth $86.26 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($250.88 Million) and total liabilities ($164.62 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 | $86.26 Million |
| % of Total Assets | 34.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | 0.17% |
| 10-Year Change | -38.71% |
| Growth Volatility | 24.02 |
Manitex International Inc - Net Assets Trend (2002–2023)
This chart illustrates how Manitex International 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 Manitex International Inc (2002–2023)
The table below shows the annual net assets of Manitex International Inc from 2002 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $79.68 Million | +17.25% |
| 2022-12-31 | $67.96 Million | +8.19% |
| 2021-12-31 | $62.81 Million | -8.84% |
| 2020-12-31 | $68.91 Million | -13.38% |
| 2019-12-31 | $79.55 Million | -9.61% |
| 2018-12-31 | $88.00 Million | +24.22% |
| 2017-12-31 | $70.84 Million | -28.84% |
| 2016-12-31 | $99.56 Million | -23.59% |
| 2015-12-31 | $130.30 Million | +0.23% |
| 2014-12-31 | $130.01 Million | +52.96% |
| 2013-12-31 | $84.99 Million | +42.76% |
| 2012-12-31 | $59.53 Million | +27.22% |
| 2011-12-31 | $46.79 Million | +8.13% |
| 2010-12-31 | $43.27 Million | +7.04% |
| 2009-12-31 | $40.43 Million | +15.46% |
| 2008-12-31 | $35.01 Million | +10.42% |
| 2007-12-31 | $31.71 Million | +62.92% |
| 2006-12-31 | $19.46 Million | +20.36% |
| 2005-12-31 | $16.17 Million | +524.55% |
| 2004-12-31 | $-3.81 Million | -979.04% |
| 2003-12-31 | $-353.00K | -80.10% |
| 2002-12-31 | $-196.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Manitex International 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 decreased by 6598200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $134.33 Million | 192.95% |
| Other Comprehensive Income | $-4.17 Million | -5.99% |
| Other Components | $5.44 Million | 7.81% |
| Total Equity | $69.62 Million | 100.00% |
Manitex International Inc Competitors by Market Cap
The table below lists competitors of Manitex International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Knowmerce
KQ:473980
|
$86.52 Million |
|
Xpro India Limited
NSE:XPROINDIA
|
$86.52 Million |
|
UNIMECH
NSE:UNIMECH
|
$86.53 Million |
|
V2TX34
SA:V2TX34
|
$86.53 Million |
|
Cassava Sciences Inc
NASDAQ:SAVA
|
$86.43 Million |
|
Univacco Technology
TWO:3303
|
$86.41 Million |
|
Compagnie des Tramways de Rouen
PA:MLTRA
|
$86.41 Million |
|
EVA Precision Industrial Holdings Limited
F:GZT
|
$86.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Manitex International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 58,395,000 to 69,617,000, a change of 11,222,000 (19.2%).
- Net income of 7,356,000 contributed positively to equity growth.
- Share repurchases of 58,000 reduced equity.
- Other comprehensive income increased equity by 1,653,000.
- Other factors increased equity by 2,271,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.36 Million | +10.57% |
| Share Repurchases | $58.00K | -0.08% |
| Other Comprehensive Income | $1.65 Million | +2.37% |
| Other Changes | $2.27 Million | +3.26% |
| Total Change | $- | 19.22% |
Book Value vs Market Value Analysis
This analysis compares Manitex International 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: 1.68x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | $-0.24 | $5.80 | x |
| 2003-12-31 | $-2.63 | $5.80 | x |
| 2004-12-31 | $-4.74 | $5.80 | x |
| 2005-12-31 | $3.73 | $5.80 | x |
| 2006-12-31 | $3.45 | $5.80 | x |
| 2007-12-31 | $3.33 | $5.80 | x |
| 2008-12-31 | $3.37 | $5.80 | x |
| 2009-12-31 | $3.69 | $5.80 | x |
| 2010-12-31 | $3.80 | $5.80 | x |
| 2011-12-31 | $4.05 | $5.80 | x |
| 2012-12-31 | $4.98 | $5.80 | x |
| 2013-12-31 | $6.68 | $5.80 | x |
| 2014-12-31 | $7.53 | $5.80 | x |
| 2015-12-31 | $6.70 | $5.80 | x |
| 2016-12-31 | $4.61 | $5.80 | x |
| 2017-12-31 | $4.28 | $5.80 | x |
| 2018-12-31 | $4.78 | $5.80 | x |
| 2019-12-31 | $4.04 | $5.80 | x |
| 2020-12-31 | $3.48 | $5.80 | x |
| 2021-12-31 | $3.16 | $5.80 | x |
| 2022-12-31 | $2.91 | $5.80 | x |
| 2023-12-31 | $3.44 | $5.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Manitex International 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): 10.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.52%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 3.67x
- Recent ROE (10.57%) is above the historical average (-4.33%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 0.00% | 0.78% | 1.15x | 0.00x | $68.60K |
| 2003 | 0.00% | -46.85% | 0.09x | 0.00x | $-417.70K |
| 2004 | 0.00% | -43.56% | 0.67x | 0.00x | $-3.07 Million |
| 2005 | -13.93% | -29.48% | 0.44x | 1.07x | $-3.87 Million |
| 2006 | -48.20% | -19.42% | 0.55x | 4.55x | $-10.73 Million |
| 2007 | 3.12% | 0.89% | 1.33x | 2.61x | $-2.11 Million |
| 2008 | 11.42% | 3.76% | 1.23x | 2.46x | $495.60K |
| 2009 | 9.00% | 6.51% | 0.59x | 2.34x | $-403.80K |
| 2010 | 4.87% | 2.20% | 0.91x | 2.44x | $-2.22 Million |
| 2011 | 5.94% | 1.95% | 1.17x | 2.60x | $-1.90 Million |
| 2012 | 13.57% | 3.94% | 1.35x | 2.54x | $2.12 Million |
| 2013 | 23.95% | 8.31% | 1.34x | 2.15x | $11.86 Million |
| 2014 | 6.78% | 2.69% | 0.83x | 3.03x | $-3.37 Million |
| 2015 | -5.02% | -1.39% | 0.95x | 3.80x | $-16.07 Million |
| 2016 | -47.26% | -12.17% | 0.91x | 4.27x | $-42.60 Million |
| 2017 | -11.40% | -3.79% | 0.95x | 3.18x | $-15.16 Million |
| 2018 | -14.97% | -5.44% | 1.11x | 2.47x | $-21.98 Million |
| 2019 | -10.68% | -3.78% | 1.15x | 2.46x | $-16.45 Million |
| 2020 | -18.46% | -7.59% | 0.96x | 2.52x | $-19.61 Million |
| 2021 | -7.28% | -2.16% | 1.18x | 2.86x | $-10.85 Million |
| 2022 | -7.36% | -1.57% | 1.16x | 4.05x | $-10.14 Million |
| 2023 | 10.57% | 2.52% | 1.14x | 3.67x | $394.30K |
Industry Comparison
This section compares Manitex International Inc's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $405,749,501
- Average return on equity (ROE) among peers: 1.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Manitex International Inc (MNTX) | $86.26 Million | 0.00% | 1.91x | $86.46 Million |
| Aebi Schmidt Holding AG - Common Stock (AEBI) | $365.18 Million | 8.40% | 1.98x | $483.70 Million |
| AGCO Corporation (AGCO) | $3.10 Billion | 6.02% | 1.58x | $7.13 Billion |
| Agrify Corp (AGFY) | $-9.27 Million | 0.00% | 0.00x | $58.43 Million |
| Ag Growth International Inc (AGGZF) | $110.78 Million | 17.74% | 0.30x | $363.58 Million |
| Alamo Group Inc (ALG) | $106.91 Million | 3.85% | 0.51x | $1.99 Billion |
| AmeraMex International Inc (AMMX) | $-557.03K | 0.00% | 0.00x | $1.43 Million |
| Arts-Way Manufacturing Co Inc (ARTW) | $12.09 Million | 2.54% | 0.76x | $4.69 Million |
| Astec Industries Inc (ASTE) | $193.89 Million | -2.43% | 1.15x | $1.20 Billion |
| Austin Engineering Limited (AUSTF) | $119.42 Million | -41.40% | 1.27x | $116.99 Million |
| Buhler Industries Inc (BIIAF) | $63.76 Million | 20.96% | 1.45x | $1.51 Million |