Pioneer Power Solutions Inc. (PPSI) - Net Assets
Based on the latest financial reports, Pioneer Power Solutions Inc. (PPSI) has net assets worth $26.82 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($33.02 Million) and total liabilities ($6.20 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 Pioneer Power Solutions Inc. tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $26.82 Million |
| % of Total Assets | 81.22% |
| Annual Growth Rate | 73.53% |
| 5-Year Change | 49.94% |
| 10-Year Change | 9.83% |
| Growth Volatility | 90392.41 |
Pioneer Power Solutions Inc. - Net Assets Trend (2008–2025)
This chart illustrates how Pioneer Power Solutions Inc. 's net assets have evolved over time, based on quarterly financial data. See PPSI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Pioneer Power Solutions Inc. (2008–2025)
The table below shows the annual net assets of Pioneer Power Solutions Inc. from 2008 to 2025. For live valuation and market cap data, see market cap of Pioneer Power Solutions Inc. .
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $29.32 Million | -17.25% |
| 2024-12-31 | $35.43 Million | +149.18% |
| 2023-12-31 | $14.22 Million | -16.03% |
| 2022-12-31 | $16.93 Million | -13.40% |
| 2021-12-31 | $19.55 Million | +41.08% |
| 2020-12-31 | $13.86 Million | -15.67% |
| 2019-12-31 | $16.43 Million | +37.52% |
| 2018-12-31 | $11.95 Million | -31.72% |
| 2017-12-31 | $17.50 Million | -34.43% |
| 2016-12-31 | $26.69 Million | -2.56% |
| 2015-12-31 | $27.39 Million | -11.16% |
| 2014-12-31 | $30.83 Million | +0.14% |
| 2013-12-31 | $30.79 Million | +71.88% |
| 2012-12-31 | $17.91 Million | +21.31% |
| 2011-12-31 | $14.77 Million | -2.15% |
| 2010-12-31 | $15.09 Million | +57.09% |
| 2009-12-31 | $9.61 Million | +384182.32% |
| 2008-12-31 | $2.50K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pioneer Power Solutions 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 599550000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.00K | 0.04% |
| Other Components | $35.30 Million | 120.43% |
| Total Equity | $29.32 Million | 100.00% |
Pioneer Power Solutions Inc. Competitors by Market Cap
The table below lists competitors of Pioneer Power Solutions Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mirza International Limited
NSE:MIRZAINT
|
$46.39 Million |
|
T&R Biofab Co. Ltd
KQ:246710
|
$46.41 Million |
|
Heungkuk Metaltech Co.Ltd
KQ:010240
|
$46.43 Million |
|
Arrow Syndicate Public Company Limited
BK:ARROW
|
$46.44 Million |
|
True North Copper Ltd
AU:TNC
|
$46.36 Million |
|
Magnitude International Ltd Ordinary Shares
NASDAQ:MAGH
|
$46.36 Million |
|
Equus Energy Ltd
AU:EQU
|
$46.34 Million |
|
City Sports and Recreation Public Company Limited
BK:CSR
|
$46.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pioneer Power Solutions Inc. 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 35,429,000 to 29,317,000, a change of -6,112,000 (-17.3%).
- Net loss of 6,448,000 reduced equity.
- Dividend payments of 16,665,000 reduced retained earnings.
- Other factors increased equity by 17,001,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-6.45 Million | -21.99% |
| Dividends Paid | $16.66 Million | -56.84% |
| Other Changes | $17.00 Million | +57.99% |
| Total Change | $- | -17.25% |
Book Value vs Market Value Analysis
This analysis compares Pioneer Power Solutions 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: 1.63x
- 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 2054.40x to 1.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $0.00 | $4.28 | x |
| 2009-12-31 | $2.06 | $4.28 | x |
| 2010-12-31 | $2.54 | $4.28 | x |
| 2011-12-31 | $2.48 | $4.28 | x |
| 2012-12-31 | $3.03 | $4.28 | x |
| 2013-12-31 | $4.89 | $4.28 | x |
| 2014-12-31 | $4.29 | $4.28 | x |
| 2015-12-31 | $3.54 | $4.28 | x |
| 2016-12-31 | $3.07 | $4.28 | x |
| 2017-12-31 | $2.01 | $4.28 | x |
| 2018-12-31 | $1.37 | $4.28 | x |
| 2019-12-31 | $1.88 | $4.28 | x |
| 2020-12-31 | $1.59 | $4.28 | x |
| 2021-12-31 | $2.21 | $4.28 | x |
| 2022-12-31 | $1.74 | $4.28 | x |
| 2023-12-31 | $1.39 | $4.28 | x |
| 2024-12-31 | $3.23 | $4.28 | x |
| 2025-12-31 | $2.62 | $4.28 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pioneer Power Solutions 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): -21.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -23.34%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.24x
- Recent ROE (-21.99%) is below the historical average (-12.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -140.00% | 0.00% | 0.00x | 2.40x | $-3.75K |
| 2009 | 53.24% | 12.60% | 2.78x | 1.52x | $4.15 Million |
| 2010 | 19.52% | 6.24% | 1.47x | 2.13x | $1.44 Million |
| 2011 | -0.41% | -0.09% | 1.41x | 3.31x | $-1.54 Million |
| 2012 | 16.69% | 3.56% | 1.61x | 2.91x | $1.20 Million |
| 2013 | 17.11% | 5.98% | 1.64x | 1.75x | $2.19 Million |
| 2014 | -0.87% | -0.29% | 1.27x | 2.36x | $-3.35 Million |
| 2015 | -21.47% | -5.52% | 1.59x | 2.44x | $-8.62 Million |
| 2016 | -2.13% | -0.50% | 1.48x | 2.90x | $-3.24 Million |
| 2017 | -53.39% | -9.22% | 1.45x | 3.99x | $-11.09 Million |
| 2018 | -47.39% | -5.32% | 1.47x | 6.07x | $-6.86 Million |
| 2019 | -73.24% | -58.48% | 0.73x | 1.71x | $-13.68 Million |
| 2020 | -21.55% | -15.32% | 0.92x | 1.54x | $-4.37 Million |
| 2021 | -11.08% | -11.83% | 0.66x | 1.43x | $-4.12 Million |
| 2022 | -32.00% | -20.94% | 0.70x | 2.20x | $-7.11 Million |
| 2023 | 0.97% | 0.34% | 1.24x | 2.32x | $-1.28 Million |
| 2024 | 89.91% | 139.23% | 0.35x | 1.86x | $28.31 Million |
| 2025 | -21.99% | -23.34% | 0.76x | 1.24x | $-9.38 Million |
Industry Comparison
This section compares Pioneer Power Solutions Inc. 's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $435,110,257
- Average return on equity (ROE) among peers: -149.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pioneer Power Solutions Inc. (PPSI) | $26.82 Million | -140.00% | 0.23x | $46.38 Million |
| Advent Technologies Holdings Inc (ADN) | $13.45 Million | -530.91% | 1.58x | $1.38 Million |
| Ads Tec Energy PLC (ADSE) | $1.69 Million | -712.54% | 36.25x | $843.77 Million |
| Advanced Energy Industries Inc (AEIS) | $387.63 Million | 5.31% | 0.39x | $13.44 Billion |
| Amprius Technologies Inc. (AMPX) | $13.86 Million | -71.41% | 0.34x | $2.12 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $209.32 Million | -1.26% | 0.86x | $56.90 Million |
| Atkore International Group Inc (ATKR) | $552.00 Million | -0.36% | 1.41x | $2.52 Billion |
| Acuity Brands Inc (AYI) | $2.38 Billion | 17.77% | 0.60x | $8.75 Billion |
| Bloom Energy Corp (BE) | $792.96 Million | -11.15% | 4.54x | $74.98 Billion |
| CBAK Energy Technology Inc (CBAT) | $2.97K | -213.11% | 1.54x | $59.22 Million |
| CCSC Technology International Holdings Limited Ordinary Shares (CCTG) | $1.39 Million | 20.24% | 0.55x | $2.20 Million |
About Pioneer Power Solutions Inc.
Pioneer Power Solutions, Inc., together with its subsidiaries, design, manufacture, integrate, service, and sell distributed energy resources, on site and mobile power generation equipment, and platform of mobile electric vehicle charging solutions. The company provides mobile EV charging solutions, power generation equipment, preventative maintenance, repairs, fuel polishing, and remote monitori… Read more