Thryv Holdings Inc (THRY) - Net Assets
Based on the latest financial reports, Thryv Holdings Inc (THRY) has net assets worth $221.08 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 ($701.80 Million) and total liabilities ($480.72 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 THRY tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $221.08 Million |
| % of Total Assets | 31.5% |
| Annual Growth Rate | 21.0% |
| 5-Year Change | 0.07% |
| 10-Year Change | N/A |
| Growth Volatility | 1175.67 |
Thryv Holdings Inc - Net Assets Trend (2012–2024)
This chart illustrates how Thryv Holdings Inc's net assets have evolved over time, based on quarterly financial data. See Thryv Holdings Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Thryv Holdings Inc (2012–2024)
The table below shows the annual net assets of Thryv Holdings Inc from 2012 to 2024. For live valuation and market cap data, see Thryv Holdings Inc (THRY) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $196.92 Million | +28.96% |
| 2023-12-31 | $152.70 Million | -60.05% |
| 2022-12-31 | $382.27 Million | +21.46% |
| 2021-12-31 | $314.71 Million | +59.94% |
| 2020-12-31 | $196.78 Million | +621.85% |
| 2019-12-31 | $27.26 Million | -89.70% |
| 2018-12-31 | $264.61 Million | +23.91% |
| 2017-12-31 | $213.56 Million | -41.76% |
| 2016-12-31 | $366.71 Million | +132.68% |
| 2014-12-31 | $-1.12 Billion | -59.60% |
| 2013-12-31 | $-703.00 Million | -3615.00% |
| 2012-12-31 | $20.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thryv Holdings 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 82858200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $706.00K | 0.36% |
| Other Comprehensive Income | $-14.94 Million | -7.59% |
| Other Components | $783.57 Million | 397.91% |
| Total Equity | $196.92 Million | 100.00% |
Thryv Holdings Inc Competitors by Market Cap
The table below lists competitors of Thryv Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Precision Camshafts Limited
NSE:PRECAM
|
$153.87 Million |
|
Goodbaby International Holdings Limited
F:GBH
|
$153.88 Million |
|
Cristales
SN:CRISTALES
|
$153.88 Million |
|
Kss Line
KO:044450
|
$153.92 Million |
|
ProQR Therapeutics BV
NASDAQ:PRQR
|
$153.80 Million |
|
Kao Fong Machinery Co Ltd
TWO:4510
|
$153.80 Million |
|
Portman Ridge Finance Corp
NASDAQ:PTMN
|
$153.76 Million |
|
Ecomate Holdings Bhd
KLSE:0239
|
$153.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thryv Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 152,700,000 to 196,920,000, a change of 44,220,000 (29.0%).
- Net loss of 74,216,000 reduced equity.
- Share repurchases of 499,000 reduced equity.
- New share issuances of 87,402,000 increased equity.
- Other comprehensive income increased equity by 250,000.
- Other factors increased equity by 31,283,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-74.22 Million | -37.69% |
| Share Repurchases | $499.00K | -0.25% |
| Share Issuances | $87.40 Million | +44.38% |
| Other Comprehensive Income | $250.00K | +0.13% |
| Other Changes | $31.28 Million | +15.89% |
| Total Change | $- | 28.96% |
Book Value vs Market Value Analysis
This analysis compares Thryv Holdings 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: 0.67x
- 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 decreased from 1.71x to 0.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $2.07 | $3.53 | x |
| 2013-12-31 | $-84.93 | $3.53 | x |
| 2014-12-31 | $-116.74 | $3.53 | x |
| 2015-12-31 | $-39.39 | $3.53 | x |
| 2016-12-31 | $6.60 | $3.53 | x |
| 2017-12-31 | $3.78 | $3.53 | x |
| 2018-12-31 | $4.44 | $3.53 | x |
| 2019-12-31 | $0.80 | $3.53 | x |
| 2020-12-31 | $5.82 | $3.53 | x |
| 2021-12-31 | $8.62 | $3.53 | x |
| 2022-12-31 | $10.47 | $3.53 | x |
| 2023-12-31 | $4.40 | $3.53 | x |
| 2024-12-31 | $5.30 | $3.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thryv Holdings 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): -37.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.01%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 3.62x
- Recent ROE (-37.69%) is below the historical average (1.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 205.00% | 3.21% | 0.53x | 120.55x | $39.00 Million |
| 2013 | 0.00% | -56.72% | 0.59x | 0.00x | $-748.70 Million |
| 2014 | 0.00% | -20.44% | 1.05x | 0.00x | $-258.80 Million |
| 2015 | 0.00% | -17.59% | 0.00x | 0.00x | $-135.06 Million |
| 2016 | -169.76% | -66.02% | 0.75x | 3.42x | $-659.19 Million |
| 2017 | -80.22% | -13.00% | 0.75x | 8.18x | $-192.68 Million |
| 2018 | 19.29% | 2.85% | 1.22x | 5.56x | $24.59 Million |
| 2019 | 130.24% | 2.50% | 1.02x | 50.93x | $32.78 Million |
| 2020 | 75.83% | 13.45% | 0.91x | 6.17x | $129.54 Million |
| 2021 | 32.28% | 9.12% | 0.86x | 4.13x | $70.11 Million |
| 2022 | 14.22% | 4.52% | 1.02x | 3.08x | $16.12 Million |
| 2023 | -169.81% | -28.28% | 1.17x | 5.13x | $-274.56 Million |
| 2024 | -37.69% | -9.01% | 1.16x | 3.62x | $-93.91 Million |
Industry Comparison
This section compares Thryv Holdings Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $961,395,124
- Average return on equity (ROE) among peers: -36.43%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thryv Holdings Inc (THRY) | $221.08 Million | 205.00% | 2.17x | $153.83 Million |
| Adobe Systems Incorporated (ADBE) | $616.97 Million | 33.33% | 0.51x | $79.34 Billion |
| ADEIA CORP (ADEA) | $418.32 Million | 10.79% | 0.06x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $3.41 Billion | 17.77% | 0.52x | $87.45 Billion |
| Autodesk Inc (ADSK) | $296.90 Million | 20.95% | 0.36x | $40.93 Billion |
| AudioEye Inc (AEYE) | $1.57 Million | -497.00% | 4.84x | $71.03 Million |
| Agilysys Inc (AGYS) | $132.80 Million | 4.88% | 0.61x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $9.98 Million | 52.24% | 0.32x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $20.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $311.26 Million |
About Thryv Holdings Inc
Thryv Holdings, Inc. provides digital marketing solutions and cloud-based tools to the small-to-medium-sized businesses in the United States. It operates in two segments, Thryv Marketing Services and Thryv SaaS. The company provides print yellow pages, internet yellow pages, search engine marketing, and other digital media solutions, such as online display and social advertising, online presence … Read more