Pubmatic Inc (PUBM) - Net Assets
Based on the latest financial reports, Pubmatic Inc (PUBM) has net assets worth $245.06 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 ($676.19 Million) and total liabilities ($431.13 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 Pubmatic Inc liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $245.06 Million |
| % of Total Assets | 36.24% |
| Annual Growth Rate | 50.71% |
| 5-Year Change | 58.05% |
| 10-Year Change | N/A |
| Growth Volatility | 159.28 |
Pubmatic Inc - Net Assets Trend (2018–2024)
This chart illustrates how Pubmatic Inc's net assets have evolved over time, based on quarterly financial data. Also explore Pubmatic Inc asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Pubmatic Inc (2018–2024)
The table below shows the annual net assets of Pubmatic Inc from 2018 to 2024. For live valuation and market cap data, see Pubmatic Inc market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $277.26 Million | -6.39% |
| 2023-12-31 | $296.20 Million | -5.12% |
| 2022-12-31 | $312.19 Million | +21.39% |
| 2021-12-31 | $257.18 Million | +46.60% |
| 2020-12-31 | $175.43 Million | +442.78% |
| 2019-12-31 | $32.32 Million | +36.66% |
| 2018-12-31 | $23.65 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pubmatic 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 1483.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $149.38 Million | 53.88% |
| Common Stock | $6.00K | 0.00% |
| Other Comprehensive Income | $-636.00K | -0.23% |
| Other Components | $128.51 Million | 46.35% |
| Total Equity | $277.26 Million | 100.00% |
Pubmatic Inc Competitors by Market Cap
The table below lists competitors of Pubmatic Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greenpanel Industries Limited
NSE:GREENPANEL
|
$303.57 Million |
|
Chengdu Qinchuan IoT Technology Co Ltd
SHG:688528
|
$303.61 Million |
|
Galan Lithium Limited
F:9CH
|
$303.62 Million |
|
Nuveen Core Plus Impact Fund
NYSE:NPCT
|
$303.65 Million |
|
Sword Group S.E
F:9RS
|
$303.45 Million |
|
Strattec Security Corporation
NASDAQ:STRT
|
$303.45 Million |
|
Weifu High Tech Group
SHE:200581
|
$303.45 Million |
|
AC Immune Ltd
NASDAQ:ACIU
|
$303.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pubmatic Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 296,199,000 to 277,263,000, a change of -18,936,000 (-6.4%).
- Net income of 12,504,000 contributed positively to equity growth.
- Share repurchases of 75,332,000 reduced equity.
- Other comprehensive income decreased equity by 632,000.
- Other factors increased equity by 44,524,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.50 Million | +4.51% |
| Share Repurchases | $75.33 Million | -27.17% |
| Other Comprehensive Income | $-632.00K | -0.23% |
| Other Changes | $44.52 Million | +16.06% |
| Total Change | $- | -6.39% |
Book Value vs Market Value Analysis
This analysis compares Pubmatic 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: 2.00x
- 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 20.55x to 2.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.50 | $10.23 | x |
| 2019-12-31 | $0.68 | $10.23 | x |
| 2020-12-31 | $3.65 | $10.23 | x |
| 2021-12-31 | $4.54 | $10.23 | x |
| 2022-12-31 | $5.49 | $10.23 | x |
| 2023-12-31 | $5.29 | $10.23 | x |
| 2024-12-31 | $5.11 | $10.23 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pubmatic 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): 4.51%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.29%
- • Asset Turnover: 0.39x
- • Equity Multiplier: 2.67x
- Recent ROE (4.51%) is below the historical average (13.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 18.71% | 4.46% | 0.56x | 7.54x | $2.06 Million |
| 2019 | 20.55% | 5.83% | 0.55x | 6.42x | $3.41 Million |
| 2020 | 15.17% | 17.89% | 0.40x | 2.12x | $9.07 Million |
| 2021 | 22.01% | 24.95% | 0.41x | 2.14x | $30.89 Million |
| 2022 | 9.19% | 11.20% | 0.40x | 2.06x | $-2.51 Million |
| 2023 | 3.00% | 3.33% | 0.38x | 2.35x | $-20.74 Million |
| 2024 | 4.51% | 4.29% | 0.39x | 2.67x | $-15.22 Million |
Industry Comparison
This section compares Pubmatic Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,232,448,014
- Average return on equity (ROE) among peers: 1.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pubmatic Inc (PUBM) | $245.06 Million | 18.71% | 1.76x | $303.55 Million |
| Adobe Systems Incorporated (ADBE) | $9.36 Billion | 27.67% | 1.00x | $93.73 Billion |
| ADEIA CORP (ADEA) | $545.10 Million | -11.47% | 0.92x | $3.00 Billion |
| Automatic Data Processing Inc (ADP) | $949.50 Million | 19.76% | 0.77x | $76.36 Billion |
| Autodesk Inc (ADSK) | $267.30 Million | 21.62% | 0.23x | $48.93 Billion |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $71.03 Million |
| Agilysys Inc (AGYS) | $52.90 Million | 15.69% | 1.77x | $1.91 Billion |
| Firefly Neuroscience, Inc. (AIFF) | $-3.01 Million | 0.00% | 0.00x | $24.73 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.47 Million | 0.00% | 0.00x | $10.77 Million |
| Alight Inc (ALIT) | $805.00 Million | 2.73% | 7.18x | $408.81 Million |
| Alkami Technology Inc (ALKT) | $344.61 Million | -13.59% | 0.27x | $1.72 Billion |
About Pubmatic Inc
PubMatic, Inc., a technology company, engages in the provision of a cloud infrastructure platform that enables real time programmatic advertising transactions for digital content creators, advertisers, agencies, agency trading desks, and demand side platforms worldwide. Its PubMatic SSP, a sell side platform for the purchase and sale of digital advertising inventory for publishers and buyers. The… Read more