SPAR Group Inc (SGRP) - Net Assets
Based on the latest financial reports, SPAR Group Inc (SGRP) has net assets worth $16.59 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 ($61.66 Million) and total liabilities ($45.08 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 SGRP asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.59 Million |
| % of Total Assets | 26.9% |
| Annual Growth Rate | 4.94% |
| 5-Year Change | -37.07% |
| 10-Year Change | -0.38% |
| Growth Volatility | 99.01 |
SPAR Group Inc - Net Assets Trend (1995–2024)
This chart illustrates how SPAR Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore SPAR Group Inc assets under control for the complete picture of this company's asset base.
Annual Net Assets for SPAR Group Inc (1995–2024)
The table below shows the annual net assets of SPAR Group Inc from 1995 to 2024. For live valuation and market cap data, see SPAR Group Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $24.31 Million | -39.61% |
| 2023-12-31 | $40.25 Million | +5.74% |
| 2022-12-31 | $38.06 Million | +1.91% |
| 2021-12-31 | $37.35 Million | -3.30% |
| 2020-12-31 | $38.62 Million | +23.12% |
| 2019-12-31 | $31.37 Million | +26.62% |
| 2018-12-31 | $24.77 Million | -3.06% |
| 2017-12-31 | $25.55 Million | +1.89% |
| 2016-12-31 | $25.08 Million | +2.80% |
| 2015-12-31 | $24.40 Million | +5.11% |
| 2014-12-31 | $23.21 Million | +25.09% |
| 2013-12-31 | $18.56 Million | +25.93% |
| 2012-12-31 | $14.73 Million | +41.51% |
| 2011-12-31 | $10.41 Million | +129.82% |
| 2010-12-31 | $4.53 Million | 0.00% |
| 2009-12-31 | $4.53 Million | +20.12% |
| 2008-12-31 | $3.77 Million | +7.01% |
| 2007-12-31 | $3.52 Million | -29.95% |
| 2006-12-31 | $5.03 Million | -4.24% |
| 2005-12-31 | $5.25 Million | +34.06% |
| 2004-12-31 | $3.92 Million | -75.54% |
| 2003-12-31 | $16.02 Million | -3.43% |
| 2002-12-31 | $16.59 Million | +51.75% |
| 2001-12-31 | $10.93 Million | -10.67% |
| 2000-12-31 | $12.24 Million | +12.44% |
| 1999-12-31 | $10.89 Million | -25.95% |
| 1998-12-31 | $14.70 Million | -21.39% |
| 1997-12-31 | $18.70 Million | -49.05% |
| 1996-12-31 | $36.70 Million | +511.67% |
| 1995-12-31 | $6.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SPAR 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 795900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $7.46 Million | 30.69% |
| Common Stock | $234.00K | 0.96% |
| Other Comprehensive Income | $-1.20 Million | -4.93% |
| Other Components | $17.81 Million | 73.28% |
| Total Equity | $24.31 Million | 100.00% |
SPAR Group Inc Competitors by Market Cap
The table below lists competitors of SPAR Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Rcm Beteiligungs AG
F:RCMN
|
$15.33 Million |
|
Labo Print SA
WAR:LAB
|
$15.34 Million |
|
Raspberry Pi Holdings PLC
LSE:RPI
|
$15.35 Million |
|
Connection Technology Systems
TWO:3672
|
$15.36 Million |
|
Serstech AB
ST:SERT
|
$15.33 Million |
|
Paranapanema S.A
SA:PMAM3
|
$15.32 Million |
|
Chai Watana Tannery Group Public Company Limited
BK:CWT
|
$15.32 Million |
|
Honkarakenne Oyj B
HE:HONBS
|
$15.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SPAR Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 28,226,000 to 24,306,000, a change of -3,920,000 (-13.9%).
- Net loss of 3,891,000 reduced equity.
- Share repurchases of 1,800,000 reduced equity.
- Other comprehensive income increased equity by 2,143,000.
- Other factors decreased equity by 372,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-3.89 Million | -16.01% |
| Share Repurchases | $1.80 Million | -7.41% |
| Other Comprehensive Income | $2.14 Million | +8.82% |
| Other Changes | $-372.00K | -1.53% |
| Total Change | $- | -13.89% |
Book Value vs Market Value Analysis
This analysis compares SPAR 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: 0.62x
- 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 increased from 0.39x to 0.62x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $1.65 | $0.64 | x |
| 1996-12-31 | $6.13 | $0.64 | x |
| 1997-12-31 | $3.37 | $0.64 | x |
| 1998-12-31 | $2.71 | $0.64 | x |
| 1999-12-31 | $0.71 | $0.64 | x |
| 2000-12-31 | $0.67 | $0.64 | x |
| 2001-12-31 | $0.59 | $0.64 | x |
| 2002-12-31 | $0.87 | $0.64 | x |
| 2003-12-31 | $0.85 | $0.64 | x |
| 2004-12-31 | $0.20 | $0.64 | x |
| 2005-12-31 | $0.25 | $0.64 | x |
| 2006-12-31 | $0.24 | $0.64 | x |
| 2007-12-31 | $0.13 | $0.64 | x |
| 2008-12-31 | $0.16 | $0.64 | x |
| 2009-12-31 | $0.21 | $0.64 | x |
| 2010-12-31 | $0.21 | $0.64 | x |
| 2011-12-31 | $0.44 | $0.64 | x |
| 2012-12-31 | $0.59 | $0.64 | x |
| 2013-12-31 | $0.73 | $0.64 | x |
| 2014-12-31 | $0.86 | $0.64 | x |
| 2015-12-31 | $0.87 | $0.64 | x |
| 2016-12-31 | $0.85 | $0.64 | x |
| 2017-12-31 | $0.95 | $0.64 | x |
| 2018-12-31 | $0.79 | $0.64 | x |
| 2019-12-31 | $0.90 | $0.64 | x |
| 2020-12-31 | $1.05 | $0.64 | x |
| 2021-12-31 | $0.93 | $0.64 | x |
| 2022-12-31 | $1.01 | $0.64 | x |
| 2023-12-31 | $1.15 | $0.64 | x |
| 2024-12-31 | $1.02 | $0.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SPAR 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): -16.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -8.97%
- • Asset Turnover: 0.77x
- • Equity Multiplier: 2.32x
- Recent ROE (-16.01%) is below the historical average (-11.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 58.33% | 3.34% | 6.51x | 2.68x | $2.90 Million |
| 1996 | 10.35% | 3.17% | 2.51x | 1.30x | $130.00K |
| 1997 | -80.75% | -11.78% | 3.51x | 1.95x | $-16.97 Million |
| 1998 | -29.25% | -3.53% | 4.67x | 1.78x | $-5.77 Million |
| 1999 | -4.55% | -0.42% | 1.85x | 5.80x | $-1.58 Million |
| 2000 | 10.80% | 1.21% | 1.97x | 4.54x | $98.00K |
| 2001 | -15.68% | -2.42% | 1.72x | 3.76x | $-2.81 Million |
| 2002 | 31.93% | 7.61% | 2.34x | 1.79x | $3.64 Million |
| 2003 | -3.36% | -0.83% | 2.33x | 1.74x | $-2.14 Million |
| 2004 | -330.32% | -23.88% | 3.25x | 4.26x | $-12.64 Million |
| 2005 | 18.10% | 1.70% | 3.35x | 3.18x | $393.00K |
| 2006 | -13.71% | -1.08% | 3.17x | 3.99x | $-1.07 Million |
| 2007 | -99.76% | -4.19% | 3.04x | 7.82x | $-2.80 Million |
| 2008 | 3.21% | 0.15% | 3.37x | 6.50x | $-215.90K |
| 2009 | 12.24% | 0.87% | 3.32x | 4.23x | $92.00K |
| 2010 | 12.24% | 0.87% | 3.32x | 4.23x | $92.00K |
| 2011 | 23.70% | 3.01% | 3.42x | 2.30x | $1.28 Million |
| 2012 | 22.82% | 2.85% | 3.51x | 2.28x | $1.65 Million |
| 2013 | 21.19% | 2.99% | 3.27x | 2.17x | $1.77 Million |
| 2014 | 17.42% | 2.68% | 2.74x | 2.38x | $1.39 Million |
| 2015 | 4.77% | 0.75% | 2.75x | 2.32x | $-978.20K |
| 2016 | 0.96% | 0.13% | 2.35x | 3.16x | $-1.64 Million |
| 2017 | -4.70% | -0.51% | 3.13x | 2.95x | $-2.89 Million |
| 2018 | -9.52% | -0.68% | 3.32x | 4.24x | $-3.18 Million |
| 2019 | 12.76% | 0.96% | 3.11x | 4.29x | $523.50K |
| 2020 | 15.19% | 1.46% | 2.74x | 3.79x | $1.15 Million |
| 2021 | -9.01% | -0.70% | 2.87x | 4.51x | $-3.75 Million |
| 2022 | -3.26% | -0.28% | 2.76x | 4.22x | $-2.97 Million |
| 2023 | 2.26% | 1.39% | 0.51x | 3.20x | $-2.18 Million |
| 2024 | -16.01% | -8.97% | 0.77x | 2.32x | $-6.32 Million |
Industry Comparison
This section compares SPAR Group Inc's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $541,411,172
- Average return on equity (ROE) among peers: -0.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SPAR Group Inc (SGRP) | $16.59 Million | 58.33% | 2.72x | $15.33 Million |
| ABM Industries Incorporated (ABM) | $61.90 Million | 11.47% | 1.78x | $2.47 Billion |
| Amentum Holdings Inc. (AMTM) | $415.22 Million | -75.55% | 14.44x | $6.26 Billion |
| Rich Sparkle Holdings Limited Ordinary Shares (ANPA) | $2.55 Million | 32.19% | 1.48x | $81.25 Million |
| Aramark Holdings (ARMK) | $3.72 Billion | 18.12% | 3.53x | $10.51 Billion |
| AZZ Incorporated (AZZ) | $375.91 Million | 15.85% | 1.54x | $4.12 Billion |
| Blacksky Technology Inc (BKSY) | $93.16 Million | -57.81% | 1.41x | $1.21 Billion |
| BUUU Group Limited Class A Ordinary Share (BUUU) | $1.34 Million | 62.16% | 0.93x | $210.15 Million |
| BrightView Holdings (BV) | $206.46 Million | -30.59% | 0.59x | $1.11 Billion |
| Cass Information Systems Inc (CASS) | $56.60 Million | 10.95% | 7.85x | $610.56 Million |
| CBIZ Inc (CBZ) | $480.02 Million | 8.35% | 1.33x | $1.52 Billion |
About SPAR Group Inc
SPAR Group, Inc., together with its subsidiaries, provides merchandising and brand marketing services in the Americas, the Asia-Pacific, Europe, the Middle East, and Africa. It offers merchandising and marketing services, such as resets and cut-ins; price and inventory audits; stock replenishment and rotation services; out of stock management; promotional event setup; and display management, as w… Read more