Thoughtworks Holding Inc
Thoughtworks Holding, Inc. provides technology consultancy services in North America, the Asia Pacific, Europe, and Latin America. The company's consultancy services integrate strategy, design, and software engineering to enable enterprises and technology disruptors to thrive as modern digital businesses. It offers enterprise modernization, platforms, and cloud services, including modernization s… Read more
Thoughtworks Holding Inc (TWKS) - Net Assets
Latest net assets as of September 2024: $734.84 Million USD
Based on the latest financial reports, Thoughtworks Holding Inc (TWKS) has net assets worth $734.84 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.27 Billion) and total liabilities ($534.77 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $734.84 Million |
| % of Total Assets | 57.88% |
| Annual Growth Rate | 18.28% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 17.47 |
Thoughtworks Holding Inc - Net Assets Trend (2019–2023)
This chart illustrates how Thoughtworks Holding Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Thoughtworks Holding Inc (2019–2023)
The table below shows the annual net assets of Thoughtworks Holding Inc from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $773.13 Million | -0.65% |
| 2022-12-31 | $778.22 Million | +9.84% |
| 2021-12-31 | $708.49 Million | +46.17% |
| 2020-12-31 | $484.71 Million | +22.72% |
| 2019-12-31 | $394.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Thoughtworks Holding 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 812.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $373.00K | 0.05% |
| Other Comprehensive Income | $-38.17 Million | -4.94% |
| Other Components | $1.00 Billion | 129.93% |
| Total Equity | $773.13 Million | 100.00% |
Thoughtworks Holding Inc Competitors by Market Cap
The table below lists competitors of Thoughtworks Holding Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanjaya Mandala Sampoerna Tbk PT
JK:HMSP
|
$413.55 Million |
|
Alarko Holding AS
IS:ALARK
|
$413.66 Million |
|
China Motor Corp
TW:2204
|
$413.67 Million |
|
Fuller Smith & Turner P.L.C
PINK:FTUAF
|
$413.74 Million |
|
JHSF Participações S.A.
SA:JHSF3
|
$413.50 Million |
|
New Guomai Digital Culture Co Ltd
SHG:600640
|
$413.35 Million |
|
MILLER INDS DL-01
F:5OJ
|
$413.26 Million |
|
Warteck Invest Ltd
SW:WARN
|
$413.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Thoughtworks Holding Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 778,222,000 to 773,130,000, a change of -5,092,000 (-0.7%).
- Net loss of 68,661,000 reduced equity.
- Share repurchases of 5,621,000 reduced equity.
- Other comprehensive income increased equity by 1,044,000.
- Other factors increased equity by 68,146,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-68.66 Million | -8.88% |
| Share Repurchases | $5.62 Million | -0.73% |
| Other Comprehensive Income | $1.04 Million | +0.14% |
| Other Changes | $68.15 Million | +8.81% |
| Total Change | $- | -0.65% |
Book Value vs Market Value Analysis
This analysis compares Thoughtworks Holding 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: 1.84x
- 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 3.45x to 1.84x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1.29 | $4.47 | x |
| 2020-12-31 | $1.59 | $4.47 | x |
| 2021-12-31 | $2.79 | $4.47 | x |
| 2022-12-31 | $2.50 | $4.47 | x |
| 2023-12-31 | $2.43 | $4.47 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Thoughtworks Holding 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): -8.88%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.09%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.72x
- Recent ROE (-8.88%) is below the historical average (-0.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 7.20% | 3.68% | 0.75x | 2.60x | $-11.08 Million |
| 2020 | 16.29% | 9.83% | 0.54x | 3.04x | $30.50 Million |
| 2021 | -3.33% | -2.21% | 0.72x | 2.09x | $-94.47 Million |
| 2022 | -13.54% | -8.13% | 0.89x | 1.88x | $-183.22 Million |
| 2023 | -8.88% | -6.09% | 0.85x | 1.72x | $-145.97 Million |
Industry Comparison
This section compares Thoughtworks Holding Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $1,400,467,175
- Average return on equity (ROE) among peers: 13.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Thoughtworks Holding Inc (TWKS) | $734.84 Million | 7.20% | 0.73x | $413.51 Million |
| Accenture plc (ACN) | $8.19 Billion | 50.21% | 1.52x | $121.95 Billion |
| adesso SE (ADSGF) | $34.37 Million | 11.38% | 1.03x | $184.00 Million |
| Atlantic Energy Solutions Inc (AESO) | $1.19 Million | 45.06% | 4.65x | $69.73 |
| Atos SE (AEXAF) | $784.10 Million | 9.03% | 2.64x | $64.82K |
| AGILQ (AGILQ) | $79.87 Million | -25.27% | 1.69x | $5.00K |
| Alithya Group Inc (ALYAF) | $26.79 Million | -22.19% | 1.46x | $59.69 Million |
| Amadeus IT Group S.A (AMADF) | $2.65 Billion | 37.85% | 1.98x | $28.16 Billion |
| Amadeus IT Holding SA PK (AMADY) | $2.30 Billion | 29.77% | 2.05x | $24.80 Billion |
| Applied Digital Corporation (APLD) | $-2.53K | 0.00% | 0.00x | $6.50 Billion |
| Amper S.A. (APMRF) | $-57.50 Million | 0.00% | 0.00x | $216.95 Million |