RCM Technologies Inc (RCMT) - Net Assets
Based on the latest financial reports, RCM Technologies Inc (RCMT) has net assets worth $41.38 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 ($129.81 Million) and total liabilities ($88.44 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 tangible equity quality of RCM Technologies Inc to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $41.38 Million |
| % of Total Assets | 31.87% |
| Annual Growth Rate | 8.57% |
| 5-Year Change | 50.57% |
| 10-Year Change | 3.98% |
| Growth Volatility | 48.8 |
RCM Technologies Inc - Net Assets Trend (1987–2024)
This chart illustrates how RCM Technologies Inc's net assets have evolved over time, based on quarterly financial data. See RCMT cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for RCM Technologies Inc (1987–2024)
The table below shows the annual net assets of RCM Technologies Inc from 1987 to 2024. For live valuation and market cap data, see RCMT stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $33.48 Million | +29.83% |
| 2023-12-31 | $25.79 Million | -19.31% |
| 2022-12-31 | $31.96 Million | +23.08% |
| 2021-12-31 | $25.97 Million | +16.78% |
| 2020-12-31 | $22.24 Million | -31.37% |
| 2019-12-31 | $32.40 Million | +19.13% |
| 2018-12-31 | $27.20 Million | +23.46% |
| 2017-12-31 | $22.03 Million | -29.51% |
| 2016-12-31 | $31.25 Million | -2.94% |
| 2015-12-31 | $32.20 Million | -24.87% |
| 2014-12-31 | $42.87 Million | -30.16% |
| 2013-12-31 | $61.38 Million | +4.43% |
| 2012-12-31 | $58.77 Million | -17.99% |
| 2011-12-31 | $71.66 Million | +2.95% |
| 2010-12-31 | $69.61 Million | +9.96% |
| 2009-12-31 | $63.30 Million | +14.37% |
| 2008-12-31 | $55.35 Million | -39.87% |
| 2007-12-31 | $92.05 Million | +10.38% |
| 2006-12-31 | $83.39 Million | +10.18% |
| 2005-12-31 | $75.69 Million | +8.21% |
| 2004-12-31 | $69.95 Million | +4.13% |
| 2003-12-31 | $67.17 Million | +13.37% |
| 2002-12-31 | $59.25 Million | -28.87% |
| 2001-12-31 | $83.29 Million | -18.39% |
| 2000-12-31 | $102.06 Million | -16.34% |
| 1999-12-31 | $122.00 Million | +14.34% |
| 1998-12-31 | $106.70 Million | +139.24% |
| 1997-12-31 | $44.60 Million | +175.31% |
| 1996-12-31 | $16.20 Million | +116.00% |
| 1995-12-31 | $7.50 Million | +31.58% |
| 1994-12-31 | $5.70 Million | +42.50% |
| 1993-12-31 | $4.00 Million | +21.21% |
| 1992-12-31 | $3.30 Million | -21.43% |
| 1991-12-31 | $4.20 Million | -31.15% |
| 1990-12-31 | $6.10 Million | +19.61% |
| 1989-12-31 | $5.10 Million | +37.84% |
| 1988-12-31 | $3.70 Million | +131.25% |
| 1987-12-31 | $1.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to RCM Technologies 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 413800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $890.00K | 2.66% |
| Other Comprehensive Income | $-2.92 Million | -8.72% |
| Other Components | $41.45 Million | 123.80% |
| Total Equity | $33.48 Million | 100.00% |
RCM Technologies Inc Competitors by Market Cap
The table below lists competitors of RCM Technologies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Benchmark Holdings Plc
LSE:BMK
|
$135.69 Million |
|
PT Net Visi Media Tbk
JK:NETV
|
$135.72 Million |
|
FDC International Hotels Corp
TW:2748
|
$135.80 Million |
|
Stomil Sanok SA
WAR:SNK
|
$135.86 Million |
|
Lindsell Train Investment Trust Plc
LSE:LTI
|
$135.60 Million |
|
Ya Horng Electronic Co Ltd
TW:6201
|
$135.60 Million |
|
AnaPass Inc
KQ:123860
|
$135.56 Million |
|
Salasar Techno Engineering Limited
NSE:SALASAR
|
$135.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in RCM Technologies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,790,000 to 33,484,000, a change of 7,694,000 (29.8%).
- Net income of 13,327,000 contributed positively to equity growth.
- Share repurchases of 9,117,000 reduced equity.
- Other comprehensive income decreased equity by 107,000.
- Other factors increased equity by 3,591,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $13.33 Million | +39.8% |
| Share Repurchases | $9.12 Million | -27.23% |
| Other Comprehensive Income | $-107.00K | -0.32% |
| Other Changes | $3.59 Million | +10.72% |
| Total Change | $- | 29.83% |
Book Value vs Market Value Analysis
This analysis compares RCM Technologies 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: 6.12x
- 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 32.26x to 6.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $0.80 | $25.81 | x |
| 1988-12-31 | $1.54 | $25.81 | x |
| 1989-12-31 | $1.91 | $25.81 | x |
| 1990-12-31 | $2.29 | $25.81 | x |
| 1991-12-31 | $1.44 | $25.81 | x |
| 1992-12-31 | $1.28 | $25.81 | x |
| 1993-12-31 | $1.43 | $25.81 | x |
| 1994-12-31 | $2.04 | $25.81 | x |
| 1995-12-31 | $2.49 | $25.81 | x |
| 1996-12-31 | $3.75 | $25.81 | x |
| 1997-12-31 | $6.79 | $25.81 | x |
| 1998-12-31 | $11.65 | $25.81 | x |
| 1999-12-31 | $11.14 | $25.81 | x |
| 2000-12-31 | $9.72 | $25.81 | x |
| 2001-12-31 | $7.92 | $25.81 | x |
| 2002-12-31 | $5.60 | $25.81 | x |
| 2003-12-31 | $6.16 | $25.81 | x |
| 2004-12-31 | $5.99 | $25.81 | x |
| 2005-12-31 | $6.42 | $25.81 | x |
| 2006-12-31 | $6.95 | $25.81 | x |
| 2007-12-31 | $7.34 | $25.81 | x |
| 2008-12-31 | $4.38 | $25.81 | x |
| 2009-12-31 | $4.94 | $25.81 | x |
| 2010-12-31 | $5.27 | $25.81 | x |
| 2011-12-31 | $5.45 | $25.81 | x |
| 2012-12-31 | $0.60 | $25.81 | x |
| 2013-12-31 | $4.93 | $25.81 | x |
| 2014-12-31 | $3.37 | $25.81 | x |
| 2015-12-31 | $0.80 | $25.81 | x |
| 2016-12-31 | $1.16 | $25.81 | x |
| 2017-12-31 | $1.23 | $25.81 | x |
| 2018-12-31 | $2.20 | $25.81 | x |
| 2019-12-31 | $2.50 | $25.81 | x |
| 2020-12-31 | $1.83 | $25.81 | x |
| 2021-12-31 | $2.23 | $25.81 | x |
| 2022-12-31 | $3.06 | $25.81 | x |
| 2023-12-31 | $3.00 | $25.81 | x |
| 2024-12-31 | $4.22 | $25.81 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently RCM Technologies 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): 39.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.79%
- • Asset Turnover: 2.11x
- • Equity Multiplier: 3.94x
- Recent ROE (39.80%) is above the historical average (6.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 6.25% | 0.58% | 3.82x | 2.81x | $-60.00K |
| 1988 | -16.22% | -3.28% | 3.89x | 1.27x | $-970.00K |
| 1989 | -15.69% | -3.52% | 3.34x | 1.33x | $-1.31 Million |
| 1990 | -6.56% | -1.45% | 3.72x | 1.21x | $-1.01 Million |
| 1991 | -45.24% | -8.19% | 4.22x | 1.31x | $-2.32 Million |
| 1992 | -27.27% | -3.35% | 5.27x | 1.55x | $-1.23 Million |
| 1993 | 17.50% | 2.45% | 5.40x | 1.33x | $300.00K |
| 1994 | 24.56% | 4.78% | 4.37x | 1.18x | $830.00K |
| 1995 | 10.67% | 2.97% | 2.61x | 1.37x | $50.00K |
| 1996 | 14.81% | 3.93% | 2.50x | 1.51x | $780.00K |
| 1997 | 9.87% | 3.86% | 2.11x | 1.21x | $-60.00K |
| 1998 | 9.18% | 4.86% | 1.72x | 1.10x | $-870.00K |
| 1999 | 12.21% | 4.75% | 1.70x | 1.51x | $2.70 Million |
| 2000 | -21.45% | -7.40% | 1.70x | 1.71x | $-32.10 Million |
| 2001 | -22.52% | -8.34% | 1.71x | 1.57x | $-27.08 Million |
| 2002 | -40.74% | -12.93% | 2.07x | 1.52x | $-30.06 Million |
| 2003 | 4.14% | 1.35% | 2.07x | 1.48x | $-3.94 Million |
| 2004 | 3.16% | 1.30% | 1.73x | 1.40x | $-4.79 Million |
| 2005 | 4.67% | 1.96% | 1.69x | 1.41x | $-4.03 Million |
| 2006 | 7.62% | 3.15% | 2.02x | 1.20x | $-1.98 Million |
| 2007 | 7.35% | 3.16% | 1.95x | 1.19x | $-2.44 Million |
| 2008 | -71.91% | -19.02% | 2.65x | 1.42x | $-45.34 Million |
| 2009 | 10.93% | 3.65% | 2.42x | 1.24x | $591.70K |
| 2010 | 8.33% | 3.58% | 1.95x | 1.19x | $-1.17 Million |
| 2011 | 5.97% | 2.97% | 1.67x | 1.20x | $-2.89 Million |
| 2012 | 43.51% | 2.21% | 1.72x | 11.40x | $2.49 Million |
| 2013 | 3.24% | 1.17% | 1.97x | 1.41x | $-4.15 Million |
| 2014 | 15.90% | 3.52% | 2.22x | 2.04x | $2.53 Million |
| 2015 | 58.03% | 3.24% | 2.28x | 7.85x | $4.98 Million |
| 2016 | 12.02% | 1.00% | 2.53x | 4.78x | $295.80K |
| 2017 | 13.41% | 1.08% | 2.55x | 4.89x | $511.30K |
| 2018 | 9.98% | 1.36% | 2.46x | 3.00x | $-4.90K |
| 2019 | 12.52% | 2.12% | 1.99x | 2.97x | $817.70K |
| 2020 | -39.88% | -5.90% | 2.20x | 3.07x | $-11.09 Million |
| 2021 | 42.32% | 5.39% | 2.80x | 2.81x | $8.39 Million |
| 2022 | 65.36% | 7.34% | 3.24x | 2.75x | $17.69 Million |
| 2023 | 65.26% | 6.39% | 2.18x | 4.67x | $14.25 Million |
| 2024 | 39.80% | 4.79% | 2.11x | 3.94x | $9.98 Million |
Industry Comparison
This section compares RCM Technologies Inc's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $777,944,973
- Average return on equity (ROE) among peers: -16.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| RCM Technologies Inc (RCMT) | $41.38 Million | 6.25% | 2.14x | $135.61 Million |
| AIAI Holdings Corporation Class A Common Stock (AIAI) | $1.36 Billion | -11.72% | 0.30x | $824.08 Million |
| Air T Inc (AIRT) | $5.54 Million | -110.91% | 30.39x | $59.53 Million |
| Alpine 4 Holdings Inc (ALPP) | $72.11 Million | -26.91% | 0.84x | $13.53K |
| Brookfield Business Corp (BBUC) | $2.63 Billion | -33.70% | 6.25x | $6.58 Billion |
| Boston Omaha Corp (BOC) | $616.45 Million | -1.14% | 0.25x | $352.09 Million |
| Dmc Global Inc (BOOM) | $2.20 Million | 36.36% | 1.32x | $139.39 Million |
| Compass Diversified Holdings (CODI) | $919.34 Million | -0.62% | 1.58x | $746.34 Million |
| Deluxe Corporation (DLX) | $675.80 Million | 25.48% | 0.37x | $1.07 Billion |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD) | $28.01 Million | -33.79% | 1.66x | $454.80 Million |
| FTAI Infrastructure Inc. (FIP) | $1.46 Billion | -5.46% | 0.67x | $491.56 Million |
About RCM Technologies Inc
RCM Technologies, Inc. provides business and technology solutions in the United States, Canada, Puerto Rico, Europe, and Philippines. It operates through three segments: Engineering; Specialty Health Care; and Life Sciences, Data and Solutions (LS&D). The company offers engineering services, including project management engineering and design, Transmission &Distribution Power Delivery, engineerin… Read more