Pennant Group Inc
The Pennant Group, Inc. provides healthcare services in the United States. It operates in two segments, Home Health and Hospice Services, and Senior Living Services. The company offers home health services, including clinical services, such as nursing, speech, occupational and physical therapy, medical social work, and home health aide services; and hospice services comprising clinical care, educ… Read more
Pennant Group Inc (PNTG) - Net Assets
Latest net assets as of September 2025: $343.04 Million USD
Based on the latest financial reports, Pennant Group Inc (PNTG) has net assets worth $343.04 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 ($753.64 Million) and total liabilities ($410.60 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 | $343.04 Million |
| % of Total Assets | 45.52% |
| Annual Growth Rate | 26.58% |
| 5-Year Change | 208.35% |
| 10-Year Change | N/A |
| Growth Volatility | 35.96 |
Pennant Group Inc - Net Assets Trend (2017–2024)
This chart illustrates how Pennant Group 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 Pennant Group Inc (2017–2024)
The table below shows the annual net assets of Pennant Group Inc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $311.96 Million | +114.39% |
| 2023-12-31 | $145.51 Million | +15.80% |
| 2022-12-31 | $125.66 Million | +9.99% |
| 2021-12-31 | $114.24 Million | +12.92% |
| 2020-12-31 | $101.17 Million | +42.27% |
| 2019-12-31 | $71.11 Million | +8.92% |
| 2018-12-31 | $65.29 Million | +8.97% |
| 2017-12-31 | $59.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pennant Group 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 5722200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $57.22 Million | 19.51% |
| Common Stock | $35.00K | 0.01% |
| Other Components | $236.03 Million | 80.48% |
| Total Equity | $293.28 Million | 100.00% |
Pennant Group Inc Competitors by Market Cap
The table below lists competitors of Pennant Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NOF Corporation
MU:NOF
|
$1.03 Billion |
|
4DMEDICAL Ltd
AU:4DX
|
$1.03 Billion |
|
Baoding Lucky Innovative Materials Co Ltd
SHE:300446
|
$1.03 Billion |
|
Anhui Xinlong Electrical Co Ltd
SHE:002298
|
$1.03 Billion |
|
Poya International Co Ltd
TWO:5904
|
$1.03 Billion |
|
SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares
NASDAQ:HDL
|
$1.03 Billion |
|
National Energy Services Reunited Corp Ordinary Shares
NASDAQ:NESR
|
$1.03 Billion |
|
Montana Aerospace AG
SW:AERO
|
$1.03 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pennant Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 140,339,000 to 293,283,000, a change of 152,944,000 (109.0%).
- Net income of 22,559,000 contributed positively to equity growth.
- New share issuances of 119,002,000 increased equity.
- Other factors increased equity by 11,383,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $22.56 Million | +7.69% |
| Share Issuances | $119.00 Million | +40.58% |
| Other Changes | $11.38 Million | +3.88% |
| Total Change | $- | 108.98% |
Book Value vs Market Value Analysis
This analysis compares Pennant Group 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: 3.60x
- 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 16.82x to 3.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $1.96 | $33.03 | x |
| 2018-12-31 | $1.99 | $33.03 | x |
| 2019-12-31 | $2.40 | $33.03 | x |
| 2020-12-31 | $3.20 | $33.03 | x |
| 2021-12-31 | $3.60 | $33.03 | x |
| 2022-12-31 | $4.01 | $33.03 | x |
| 2023-12-31 | $4.65 | $33.03 | x |
| 2024-12-31 | $9.17 | $33.03 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pennant Group 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): 7.69%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.24%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 2.32x
- Recent ROE (7.69%) is below the historical average (11.38%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 17.94% | 3.93% | 2.84x | 1.61x | $4.37 Million |
| 2018 | 28.08% | 5.48% | 2.91x | 1.76x | $10.10 Million |
| 2019 | 3.58% | 0.75% | 0.76x | 6.30x | $-4.57 Million |
| 2020 | 16.30% | 4.03% | 0.77x | 5.25x | $6.09 Million |
| 2021 | 2.45% | 0.61% | 0.83x | 4.81x | $-8.32 Million |
| 2022 | 5.49% | 1.40% | 0.92x | 4.23x | $-5.46 Million |
| 2023 | 9.53% | 2.46% | 1.01x | 3.85x | $-654.90K |
| 2024 | 7.69% | 3.24% | 1.02x | 2.32x | $-6.77 Million |
Industry Comparison
This section compares Pennant Group Inc's net assets metrics with peer companies in the Medical Care Facilities industry.
Industry Context
- Industry: Medical Care Facilities
- Average net assets among peers: $250,407,165
- Average return on equity (ROE) among peers: -38.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pennant Group Inc (PNTG) | $343.04 Million | 17.94% | 1.20x | $1.03 Billion |
| Addus HomeCare Corporation (ADUS) | $113.86 Million | 16.82% | 0.44x | $1.75 Billion |
| agilon health Inc (AGL) | $126.73 Million | -319.84% | 9.03x | $166.17 Million |
| Airsculpt Technologies Inc (AIRS) | $123.68 Million | 6.13% | 0.45x | $16.62 Million |
| Amedisys Inc (AMED) | $454.23 Million | -18.40% | 0.61x | $3.26 Billion |
| AMN Healthcare Services Inc (AMN) | $347.86 Million | 23.54% | 1.53x | $624.22 Million |
| American Shared Hospital Service (AMS) | $20.85 Million | 8.48% | 1.33x | $7.93 Million |
| American Oncology Network Inc. (AONC) | $226.04 Million | -0.05% | 0.10x | $112.23 Million |
| Ardent Health Partners, Inc. (ARDT) | $1.08 Billion | 4.65% | 3.71x | $225.22 Million |
| Arem Pacific Corporation (ARPC) | $-45.09K | 0.00% | 0.00x | $246.12K |
| Astrana Health Inc (ASTH) | $8.55 Million | -109.27% | 1.29x | $1.08 Billion |