Phenixfin Corporation (PFX) - Net Assets
Based on the latest financial reports, Phenixfin Corporation (PFX) has net assets worth $155.82 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 ($307.38 Million) and total liabilities ($151.56 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 PFX asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $155.82 Million |
| % of Total Assets | 50.69% |
| Annual Growth Rate | -11.87% |
| 5-Year Change | 11.89% |
| 10-Year Change | -68.9% |
| Growth Volatility | 34.92 |
Phenixfin Corporation - Net Assets Trend (2005–2025)
This chart illustrates how Phenixfin Corporation's net assets have evolved over time, based on quarterly financial data. Also explore PFX total assets for the complete picture of this company's asset base.
Annual Net Assets for Phenixfin Corporation (2005–2025)
The table below shows the annual net assets of Phenixfin Corporation from 2005 to 2025. For live valuation and market cap data, see PFX market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $160.77 Million | +0.29% |
| 2024-09-30 | $160.31 Million | +9.27% |
| 2023-09-30 | $146.71 Million | +21.40% |
| 2022-09-30 | $120.85 Million | -15.90% |
| 2021-09-30 | $143.69 Million | -4.60% |
| 2020-09-30 | $150.62 Million | -30.41% |
| 2019-09-30 | $216.43 Million | -32.61% |
| 2018-09-30 | $321.18 Million | -30.24% |
| 2017-09-30 | $460.43 Million | -10.93% |
| 2016-09-30 | $516.92 Million | -16.62% |
| 2015-09-30 | $619.92 Million | -15.06% |
| 2014-09-30 | $729.86 Million | +43.16% |
| 2013-09-30 | $509.83 Million | +76.21% |
| 2012-09-30 | $289.34 Million | +32.94% |
| 2011-09-30 | $217.65 Million | -81.16% |
| 2010-09-30 | $1.16 Billion | +2.12% |
| 2009-09-30 | $1.13 Billion | +30.75% |
| 2008-09-30 | $865.00 Million | -62.21% |
| 2007-09-30 | $2.29 Billion | +2.14% |
| 2006-09-30 | $2.24 Billion | +11.44% |
| 2005-09-30 | $2.01 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Phenixfin Corporation'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 54386835200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $2.00K | 0.00% |
| Other Components | $704.64 Million | 438.28% |
| Total Equity | $160.77 Million | 100.00% |
Phenixfin Corporation Competitors by Market Cap
The table below lists competitors of Phenixfin Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Collins Co Ltd
TW:2906
|
$81.70 Million |
|
Patriot One Technologies Inc
F:0PL
|
$81.70 Million |
|
Hammond Manufacturing Company Limited
TO:HMM-A
|
$81.70 Million |
|
AB Science S.A
PA:AB
|
$81.71 Million |
|
Tamawood Ltd
AU:TWD
|
$81.66 Million |
|
Research Solutions Inc
NASDAQ:RSSS
|
$81.61 Million |
|
Advanced Analog Technology
TWO:3438
|
$81.58 Million |
|
Petrolimex Insurance Corp
VN:PGI
|
$81.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Phenixfin Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 160,307,773 to 160,774,300, a change of 466,527 (0.3%).
- Net income of 4,155,515 contributed positively to equity growth.
- Dividend payments of 2,888,283 reduced retained earnings.
- Share repurchases of 800,705 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $4.16 Million | +2.58% |
| Dividends Paid | $2.89 Million | -1.8% |
| Share Repurchases | $800.71K | -0.5% |
| Total Change | $- | 0.29% |
Book Value vs Market Value Analysis
This analysis compares Phenixfin Corporation'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: 0.51x
- 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 1.93x to 0.51x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-09-30 | $21.17 | $40.88 | x |
| 2006-09-30 | $20.37 | $40.88 | x |
| 2007-09-30 | $20.08 | $40.88 | x |
| 2008-09-30 | $7.56 | $40.88 | x |
| 2009-09-30 | $9.77 | $40.88 | x |
| 2010-09-30 | $9.96 | $40.88 | x |
| 2011-09-30 | $252.23 | $40.88 | x |
| 2012-09-30 | $322.94 | $40.88 | x |
| 2013-09-30 | $337.12 | $40.88 | x |
| 2014-09-30 | $308.17 | $40.88 | x |
| 2015-09-30 | $215.16 | $40.88 | x |
| 2016-09-30 | $186.61 | $40.88 | x |
| 2017-09-30 | $169.04 | $40.88 | x |
| 2018-09-30 | $117.92 | $40.88 | x |
| 2019-09-30 | $79.46 | $40.88 | x |
| 2020-09-30 | $55.30 | $40.88 | x |
| 2021-09-30 | $53.66 | $40.88 | x |
| 2022-09-30 | $52.01 | $40.88 | x |
| 2023-09-30 | $70.12 | $40.88 | x |
| 2024-09-30 | $78.57 | $40.88 | x |
| 2025-09-30 | $79.79 | $40.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Phenixfin Corporation 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): 2.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.15%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 1.97x
- Recent ROE (2.58%) is above the historical average (-8.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 5.37% | 4.14% | 0.09x | 13.78x | $-93.10 Million |
| 2006 | 4.42% | 3.84% | 0.09x | 12.93x | $-125.10 Million |
| 2007 | 5.37% | 4.78% | 0.09x | 13.20x | $-105.90 Million |
| 2008 | -83.93% | -1100.00% | 0.00x | 29.79x | $-812.50 Million |
| 2009 | -28.21% | -5316.67% | 0.00x | 21.73x | $-432.10 Million |
| 2010 | -1.04% | -0.58% | 0.10x | 18.25x | $-127.50 Million |
| 2011 | 4.38% | 66.18% | 0.07x | 1.01x | $-12.23 Million |
| 2012 | 7.74% | 56.65% | 0.10x | 1.44x | $-6.53 Million |
| 2013 | 7.73% | 66.26% | 0.08x | 1.52x | $-11.57 Million |
| 2014 | 7.15% | 63.51% | 0.06x | 1.81x | $-20.83 Million |
| 2015 | -2.38% | -70.68% | 0.02x | 2.01x | $-76.75 Million |
| 2016 | -5.41% | -343.21% | 0.01x | 1.99x | $-79.65 Million |
| 2017 | -3.27% | -57.66% | 0.03x | 2.08x | $-61.12 Million |
| 2018 | -34.54% | 0.00% | -0.09x | 2.31x | $-143.04 Million |
| 2019 | -44.62% | -208.59% | 0.10x | 2.25x | $-118.22 Million |
| 2020 | -43.69% | -305.80% | 0.07x | 2.03x | $-80.87 Million |
| 2021 | 0.89% | 15.51% | 0.04x | 1.57x | $-13.09 Million |
| 2022 | -5.05% | -96.91% | 0.03x | 1.81x | $-18.19 Million |
| 2023 | 18.35% | 76.89% | 0.15x | 1.63x | $12.25 Million |
| 2024 | 11.61% | 52.93% | 0.12x | 1.89x | $2.59 Million |
| 2025 | 2.58% | 31.15% | 0.04x | 1.97x | $-11.92 Million |
Industry Comparison
This section compares Phenixfin Corporation's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,450,737,970
- Average return on equity (ROE) among peers: 9.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Phenixfin Corporation (PFX) | $155.82 Million | 5.37% | 0.97x | $81.69 Million |
| Acadian Asset Management Inc (AAMI) | $49.50 Million | 132.93% | 11.35x | $1.86 Billion |
| AllianceBernstein Holding L.P. (AB) | $2.07 Billion | 13.23% | 0.00x | $3.60 Billion |
| Associated Capital Group Inc (AC) | $948.70 Million | 4.12% | 0.07x | $78.56 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $93.70 Million | 49.33% | 0.08x | $265.69 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $2.99 Million | -170.94% | 0.46x | $194.14 Million |
| Alvarium Tiedemann Holdings Inc. (ALTI) | $17.85 Million | -32.96% | 4.15x | $368.87 Million |
| Affiliated Managers Group Inc (AMG) | $3.52 Billion | 4.94% | 0.76x | $8.19 Billion |
| Ameriprise Financial Inc (AMP) | $5.99 Billion | 24.73% | 23.64x | $41.87 Billion |
| AMTD IDEA Group (AMTD) | $1.70 Billion | 3.00% | 0.22x | $44.19 Million |
| Artisan Partners Asset Management Inc (APAM) | $117.70 Million | 62.05% | 6.95x | $2.65 Billion |
About Phenixfin Corporation
PhenixFIN Corporation is a business development company. The firm seeks to invest in privately negotiated debt and equity securities of small and middle market companies. It primarily invests in the following sectors: business services; buildings and real estate; automobile; oil and gas; aerospace and defense; home and office furnishings, housewares, and durable consumer products; healthcare, edu… Read more