Vicor Corporation
Vicor Corporation, together with its subsidiaries, designs, develops, manufactures, and markets modular power components and power systems for converting electrical power for use in electrically-powered devices. The company offers a range of brick-format DC-DC converters; complementary components that provide AC line rectification, input filtering, power factor correction, and transient protectio… Read more
Vicor Corporation (VICR) - Net Assets
Latest net assets as of September 2025: $630.35 Million USD
Based on the latest financial reports, Vicor Corporation (VICR) has net assets worth $630.35 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 ($710.25 Million) and total liabilities ($79.89 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 | $630.35 Million |
| % of Total Assets | 88.75% |
| Annual Growth Rate | 12.29% |
| 5-Year Change | 62.4% |
| 10-Year Change | 319.07% |
| Growth Volatility | 55.37 |
Vicor Corporation - Net Assets Trend (1988–2024)
This chart illustrates how Vicor Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vicor Corporation (1988–2024)
The table below shows the annual net assets of Vicor Corporation from 1988 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $570.29 Million | +5.39% |
| 2023-12-31 | $541.11 Million | +16.53% |
| 2022-12-31 | $464.34 Million | +9.54% |
| 2021-12-31 | $423.90 Million | +20.72% |
| 2020-12-31 | $351.15 Million | +70.57% |
| 2019-12-31 | $205.87 Million | +11.83% |
| 2018-12-31 | $184.09 Million | +34.94% |
| 2017-12-31 | $136.42 Million | +4.12% |
| 2016-12-31 | $131.02 Million | -3.72% |
| 2015-12-31 | $136.09 Million | +4.24% |
| 2014-12-31 | $130.55 Million | -8.28% |
| 2013-12-31 | $142.34 Million | -21.78% |
| 2012-12-31 | $181.97 Million | -1.48% |
| 2011-12-31 | $184.71 Million | +3.18% |
| 2010-12-31 | $179.01 Million | +14.70% |
| 2009-12-31 | $156.07 Million | +3.06% |
| 2008-12-31 | $151.43 Million | -10.12% |
| 2007-12-31 | $168.48 Million | -3.40% |
| 2006-12-31 | $174.41 Million | -20.66% |
| 2005-12-31 | $219.82 Million | -1.05% |
| 2004-12-31 | $222.15 Million | -1.99% |
| 2003-12-31 | $226.66 Million | -8.62% |
| 2002-12-31 | $248.03 Million | -6.35% |
| 2001-12-31 | $264.84 Million | +0.73% |
| 2000-12-31 | $262.92 Million | +7.53% |
| 1999-12-31 | $244.50 Million | +16.82% |
| 1998-12-31 | $209.30 Million | +0.43% |
| 1997-12-31 | $208.40 Million | +22.09% |
| 1996-12-31 | $170.70 Million | +13.72% |
| 1995-12-31 | $150.10 Million | +32.25% |
| 1994-12-31 | $113.50 Million | +10.84% |
| 1993-12-31 | $102.40 Million | +15.71% |
| 1992-12-31 | $88.50 Million | +26.25% |
| 1991-12-31 | $70.10 Million | +327.44% |
| 1990-12-31 | $16.40 Million | +56.19% |
| 1989-12-31 | $10.50 Million | +19.32% |
| 1988-12-31 | $8.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vicor Corporation'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 11546.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $302.80 Million | 53.12% |
| Common Stock | $570.00K | 0.10% |
| Other Comprehensive Income | $-1.50 Million | -0.26% |
| Other Components | $268.19 Million | 47.05% |
| Total Equity | $570.07 Million | 100.00% |
Vicor Corporation Competitors by Market Cap
The table below lists competitors of Vicor Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HIMS
MX:HIMS
|
$4.46 Billion |
|
Abivax SA American Depositary Shares
NASDAQ:ABVX
|
$4.47 Billion |
|
TPG INC CLASS A DL-001
F:B81
|
$4.47 Billion |
|
Amicus Therapeutics Inc
NASDAQ:FOLD
|
$4.48 Billion |
|
SUMITOMO FORESTRY
F:5F6
|
$4.46 Billion |
|
WASHINGTON H.SOUL PAT.+CO
F:WD3
|
$4.45 Billion |
|
3SBio Inc
F:83B
|
$4.45 Billion |
|
Mercury Systems Inc
NASDAQ:MRCY
|
$4.45 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vicor Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 540,869,000 to 570,071,000, a change of 29,202,000 (5.4%).
- Net income of 6,129,000 contributed positively to equity growth.
- Share repurchases of 497,000 reduced equity.
- Other comprehensive income decreased equity by 222,000.
- Other factors increased equity by 23,792,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.13 Million | +1.08% |
| Share Repurchases | $497.00K | -0.09% |
| Other Comprehensive Income | $-222.00K | -0.04% |
| Other Changes | $23.79 Million | +4.17% |
| Total Change | $- | 5.40% |
Book Value vs Market Value Analysis
This analysis compares Vicor Corporation'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: 15.56x
- 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 796.79x to 15.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1988-12-31 | $0.25 | $196.33 | x |
| 1989-12-31 | $0.29 | $196.33 | x |
| 1990-12-31 | $0.45 | $196.33 | x |
| 1991-12-31 | $1.82 | $196.33 | x |
| 1992-12-31 | $2.06 | $196.33 | x |
| 1993-12-31 | $2.37 | $196.33 | x |
| 1994-12-31 | $2.67 | $196.33 | x |
| 1995-12-31 | $3.46 | $196.33 | x |
| 1996-12-31 | $4.00 | $196.33 | x |
| 1997-12-31 | $4.81 | $196.33 | x |
| 1998-12-31 | $4.89 | $196.33 | x |
| 1999-12-31 | $5.76 | $196.33 | x |
| 2000-12-31 | $6.08 | $196.33 | x |
| 2001-12-31 | $6.25 | $196.33 | x |
| 2002-12-31 | $5.86 | $196.33 | x |
| 2003-12-31 | $5.41 | $196.33 | x |
| 2004-12-31 | $5.25 | $196.33 | x |
| 2005-12-31 | $5.15 | $196.33 | x |
| 2006-12-31 | $4.07 | $196.33 | x |
| 2007-12-31 | $3.94 | $196.33 | x |
| 2008-12-31 | $3.53 | $196.33 | x |
| 2009-12-31 | $3.64 | $196.33 | x |
| 2010-12-31 | $4.19 | $196.33 | x |
| 2011-12-31 | $4.32 | $196.33 | x |
| 2012-12-31 | $4.27 | $196.33 | x |
| 2013-12-31 | $3.55 | $196.33 | x |
| 2014-12-31 | $3.31 | $196.33 | x |
| 2015-12-31 | $3.45 | $196.33 | x |
| 2016-12-31 | $3.37 | $196.33 | x |
| 2017-12-31 | $3.41 | $196.33 | x |
| 2018-12-31 | $4.51 | $196.33 | x |
| 2019-12-31 | $4.93 | $196.33 | x |
| 2020-12-31 | $8.00 | $196.33 | x |
| 2021-12-31 | $9.42 | $196.33 | x |
| 2022-12-31 | $10.34 | $196.33 | x |
| 2023-12-31 | $12.02 | $196.33 | x |
| 2024-12-31 | $12.62 | $196.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vicor Corporation 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): 1.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.12x
- Recent ROE (1.08%) is below the historical average (6.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1988 | 28.41% | 10.68% | 1.59x | 1.67x | $1.62 Million |
| 1989 | 23.81% | 8.77% | 1.52x | 1.78x | $1.45 Million |
| 1990 | 31.10% | 13.86% | 1.34x | 1.68x | $3.46 Million |
| 1991 | 15.98% | 20.14% | 0.72x | 1.11x | $4.19 Million |
| 1992 | 13.56% | 18.81% | 0.66x | 1.10x | $3.15 Million |
| 1993 | 14.75% | 17.98% | 0.73x | 1.12x | $4.86 Million |
| 1994 | 19.47% | 19.15% | 0.91x | 1.11x | $10.75 Million |
| 1995 | 19.65% | 20.49% | 0.86x | 1.11x | $14.49 Million |
| 1996 | 15.00% | 17.66% | 0.78x | 1.09x | $8.53 Million |
| 1997 | 12.57% | 16.15% | 0.71x | 1.10x | $5.36 Million |
| 1998 | 7.55% | 9.60% | 0.66x | 1.19x | $-5.13 Million |
| 1999 | 7.81% | 10.06% | 0.71x | 1.10x | $-5.35 Million |
| 2000 | 12.90% | 13.17% | 0.88x | 1.12x | $7.63 Million |
| 2001 | -0.21% | -0.29% | 0.68x | 1.09x | $-27.04 Million |
| 2002 | -6.43% | -10.45% | 0.55x | 1.12x | $-40.75 Million |
| 2003 | -8.62% | -12.90% | 0.60x | 1.11x | $-42.20 Million |
| 2004 | -1.69% | -2.17% | 0.70x | 1.11x | $-25.79 Million |
| 2005 | 1.81% | 2.18% | 0.73x | 1.13x | $-17.76 Million |
| 2006 | -17.48% | -15.48% | 0.77x | 1.46x | $-46.76 Million |
| 2007 | 3.24% | 2.72% | 1.02x | 1.17x | $-11.11 Million |
| 2008 | -2.44% | -1.75% | 1.19x | 1.17x | $-18.31 Million |
| 2009 | 1.84% | 1.41% | 1.10x | 1.19x | $-12.38 Million |
| 2010 | 19.04% | 13.29% | 1.22x | 1.17x | $15.82 Million |
| 2011 | 4.89% | 3.50% | 1.22x | 1.15x | $-9.25 Million |
| 2012 | -2.29% | -1.87% | 1.08x | 1.14x | $-21.91 Million |
| 2013 | -16.99% | -11.87% | 1.20x | 1.19x | $-37.56 Million |
| 2014 | -10.87% | -6.15% | 1.45x | 1.22x | $-26.66 Million |
| 2015 | 3.65% | 2.24% | 1.40x | 1.17x | $-8.58 Million |
| 2016 | -4.78% | -3.12% | 1.30x | 1.18x | $-19.33 Million |
| 2017 | 0.12% | 0.07% | 1.37x | 1.22x | $-13.44 Million |
| 2018 | 17.27% | 10.89% | 1.32x | 1.20x | $13.36 Million |
| 2019 | 6.86% | 5.36% | 1.09x | 1.17x | $-6.46 Million |
| 2020 | 5.11% | 6.04% | 0.75x | 1.13x | $-17.17 Million |
| 2021 | 13.37% | 15.76% | 0.75x | 1.13x | $14.27 Million |
| 2022 | 5.48% | 6.38% | 0.74x | 1.16x | $-20.96 Million |
| 2023 | 9.91% | 13.23% | 0.68x | 1.10x | $-491.90K |
| 2024 | 1.08% | 1.71% | 0.56x | 1.12x | $-50.88 Million |
Industry Comparison
This section compares Vicor Corporation's net assets metrics with peer companies in the Electronic Components industry.
Industry Context
- Industry: Electronic Components
- Average net assets among peers: $42,176,553,988
- Average return on equity (ROE) among peers: -5.10%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vicor Corporation (VICR) | $630.35 Million | 28.41% | 0.13x | $4.46 Billion |
| American Aires Inc (AAIRF) | $4.68 Million | -72.64% | 0.10x | $3.94 Million |
| Alpha Technologies Group Inc (AHAG) | $18.50 Million | 22.45% | 0.88x | $0.93 |
| Allient Inc. (ALNT) | $36.32 Million | 19.18% | 0.62x | $845.72 Million |
| alpha-En Corporation (ALPE) | $94.61K | -111.43% | 1.68x | $3.62K |
| Alps Electric Co Ltd (APELY) | $190.75 Billion | 5.84% | 1.24x | $2.39 Billion |
| Amphenol Corporation (APH) | $323.41 Million | 32.15% | 2.65x | $165.03 Billion |
| AT & S Austria Technologie & Systemtechnik Aktiengesellschaft (ASAAF) | $226.29 Million | 18.25% | 1.19x | $344.33 Million |
| Audinate Group Limited (AUDGF) | $165.31 Million | -3.86% | 0.10x | $323.81 Million |
| AU Optronics Corp (AUOTY) | $212.82 Billion | 15.21% | 1.02x | $3.80 Billion |
| AVMPF (AVMPF) | $17.42 Billion | 23.89% | 2.47x | $7.28 Billion |