Willdan Group Inc (WLDN) - Net Assets
Based on the latest financial reports, Willdan Group Inc (WLDN) has net assets worth $283.09 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 ($507.93 Million) and total liabilities ($224.83 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 Willdan Group Inc liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $283.09 Million |
| % of Total Assets | 55.74% |
| Annual Growth Rate | 18.26% |
| 5-Year Change | 38.53% |
| 10-Year Change | 522.99% |
| Growth Volatility | 44.51 |
Willdan Group Inc - Net Assets Trend (2001–2024)
This chart illustrates how Willdan Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore how large is Willdan Group Inc's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Willdan Group Inc (2001–2024)
The table below shows the annual net assets of Willdan Group Inc from 2001 to 2024. For live valuation and market cap data, see WLDN market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $234.34 Million | +17.26% |
| 2023-12-31 | $199.84 Million | +10.11% |
| 2022-12-31 | $181.50 Million | +1.27% |
| 2021-12-31 | $179.22 Million | +5.95% |
| 2020-12-31 | $169.16 Million | +1.13% |
| 2019-12-31 | $167.28 Million | +15.93% |
| 2018-12-31 | $144.29 Million | +104.22% |
| 2017-12-31 | $70.65 Million | +41.54% |
| 2016-12-31 | $49.92 Million | +32.70% |
| 2015-12-31 | $37.62 Million | +23.68% |
| 2014-12-31 | $30.41 Million | +50.46% |
| 2013-12-31 | $20.21 Million | +16.49% |
| 2012-12-31 | $17.35 Million | -49.40% |
| 2011-12-31 | $34.29 Million | +6.63% |
| 2010-12-31 | $32.16 Million | +10.46% |
| 2009-12-31 | $29.12 Million | -15.20% |
| 2008-12-31 | $34.34 Million | -3.69% |
| 2007-12-31 | $35.65 Million | +8.59% |
| 2006-12-31 | $32.83 Million | +123.96% |
| 2005-12-31 | $14.66 Million | +27.73% |
| 2004-12-31 | $11.48 Million | -- |
| 2002-12-31 | $0.00 | -- |
| 2001-12-31 | $4.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Willdan 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 3714700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $37.15 Million | 15.85% |
| Common Stock | $142.00K | 0.06% |
| Other Comprehensive Income | $-314.00K | -0.13% |
| Other Components | $197.37 Million | 84.22% |
| Total Equity | $234.34 Million | 100.00% |
Willdan Group Inc Competitors by Market Cap
The table below lists competitors of Willdan Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ameresco Inc
NYSE:AMRC
|
$1.09 Billion |
|
Eerly Govt Ppty Inc
NYSE:DEA
|
$1.09 Billion |
|
Dominos PIZZA Enterprises Ltd
AU:DMP
|
$1.09 Billion |
|
tonies SE
F:TNIE
|
$1.09 Billion |
|
Hangzhou Weiguang Electronic Co Ltd
SHE:002801
|
$1.09 Billion |
|
Zhejiang Xinhua Chemical Co Ltd
SHG:603867
|
$1.09 Billion |
|
CHINA FOODS UNSP.ADR/20
F:CFH0
|
$1.09 Billion |
|
Oaktree Specialty Lending Corp
NASDAQ:OCSL
|
$1.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Willdan Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 199,845,000 to 234,343,000, a change of 34,498,000 (17.3%).
- Net income of 22,570,000 contributed positively to equity growth.
- Share repurchases of 1,407,000 reduced equity.
- Other comprehensive income increased equity by 350,000.
- Other factors increased equity by 12,985,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $22.57 Million | +9.63% |
| Share Repurchases | $1.41 Million | -0.6% |
| Other Comprehensive Income | $350.00K | +0.15% |
| Other Changes | $12.98 Million | +5.54% |
| Total Change | $- | 17.26% |
Book Value vs Market Value Analysis
This analysis compares Willdan 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: 4.50x
- 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 54.18x to 4.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | $1.37 | $73.98 | x |
| 2004-12-31 | $3.14 | $73.98 | x |
| 2005-12-31 | $3.67 | $73.98 | x |
| 2006-12-31 | $6.70 | $73.98 | x |
| 2007-12-31 | $4.99 | $73.98 | x |
| 2008-12-31 | $4.80 | $73.98 | x |
| 2009-12-31 | $4.05 | $73.98 | x |
| 2010-12-31 | $4.40 | $73.98 | x |
| 2011-12-31 | $4.58 | $73.98 | x |
| 2012-12-31 | $2.37 | $73.98 | x |
| 2013-12-31 | $2.70 | $73.98 | x |
| 2014-12-31 | $3.93 | $73.98 | x |
| 2015-12-31 | $4.64 | $73.98 | x |
| 2016-12-31 | $5.83 | $73.98 | x |
| 2017-12-31 | $7.72 | $73.98 | x |
| 2018-12-31 | $14.78 | $73.98 | x |
| 2019-12-31 | $14.22 | $73.98 | x |
| 2020-12-31 | $14.34 | $73.98 | x |
| 2021-12-31 | $14.39 | $73.98 | x |
| 2022-12-31 | $13.95 | $73.98 | x |
| 2023-12-31 | $14.69 | $73.98 | x |
| 2024-12-31 | $16.45 | $73.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Willdan 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): 9.63%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.99%
- • Asset Turnover: 1.22x
- • Equity Multiplier: 1.98x
- Recent ROE (9.63%) is above the historical average (3.45%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 40.94% | 0.00% | 0.00x | 3.73x | $1.53 Million |
| 2004 | 32.87% | 6.47% | 2.51x | 2.02x | $2.62 Million |
| 2005 | -9.42% | -2.05% | 2.05x | 2.24x | $-2.85 Million |
| 2006 | 19.15% | 8.03% | 1.37x | 1.74x | $3.01 Million |
| 2007 | 6.01% | 2.72% | 1.63x | 1.35x | $-1.42 Million |
| 2008 | -4.67% | -2.19% | 1.54x | 1.39x | $-5.04 Million |
| 2009 | -19.15% | -9.05% | 1.53x | 1.39x | $-8.49 Million |
| 2010 | 8.46% | 3.49% | 1.58x | 1.54x | $-496.20K |
| 2011 | 5.34% | 1.71% | 1.67x | 1.88x | $-1.60 Million |
| 2012 | -99.71% | -18.51% | 2.23x | 2.42x | $-19.04 Million |
| 2013 | 13.01% | 3.08% | 2.24x | 1.89x | $608.70K |
| 2014 | 30.96% | 8.71% | 1.98x | 1.80x | $6.37 Million |
| 2015 | 11.32% | 3.15% | 1.87x | 1.92x | $497.40K |
| 2016 | 16.63% | 3.97% | 1.93x | 2.17x | $3.31 Million |
| 2017 | 17.17% | 4.44% | 1.98x | 1.96x | $5.06 Million |
| 2018 | 6.95% | 3.68% | 0.90x | 2.09x | $-4.40 Million |
| 2019 | 2.89% | 1.09% | 1.01x | 2.63x | $-11.89 Million |
| 2020 | -8.57% | -3.71% | 0.97x | 2.38x | $-31.41 Million |
| 2021 | -4.70% | -2.38% | 0.90x | 2.20x | $-26.34 Million |
| 2022 | -4.65% | -1.97% | 1.05x | 2.26x | $-26.60 Million |
| 2023 | 5.47% | 2.14% | 1.23x | 2.08x | $-9.06 Million |
| 2024 | 9.63% | 3.99% | 1.22x | 1.98x | $-864.30K |
Industry Comparison
This section compares Willdan Group Inc's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,104,036,845
- Average return on equity (ROE) among peers: -9.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Willdan Group Inc (WLDN) | $283.09 Million | 40.94% | 0.79x | $1.09 Billion |
| Arcosa Inc (ACA) | $2.18 Billion | 11.25% | 0.53x | $5.50 Billion |
| Aecom Technology Corporation (ACM) | $2.37 Billion | 16.97% | 4.09x | $10.87 Billion |
| Argan Inc (AGX) | $41.87 Million | -7.66% | 2.48x | $6.36 Billion |
| Ameresco Inc (AMRC) | $289.54 Million | 1.03% | 1.52x | $1.09 Billion |
| Api Group Corp (APG) | $2.87 Billion | 5.33% | 1.65x | $19.15 Billion |
| Concrete Pumping Holdings Class A (BBCP) | $267.11 Million | -22.93% | 1.90x | $342.26 Million |
| Topbuild Corp (BLD) | $1.93 Billion | 28.81% | 1.39x | $12.32 Billion |
| Blink Charging Co (BLNK) | $7.43 Million | -129.79% | 0.61x | $95.19 Million |
| Bowman Consulting Group Ltd (BWMN) | $122.86 Million | 4.07% | 1.08x | $483.57 Million |
| Cadeler A/S (CDLR) | $959.04 Million | 1.20% | 0.31x | $2.10 Billion |
About Willdan Group Inc
Willdan Group, Inc., together with its subsidiaries, provides professional, technical, and consulting services primarily in the United States. The company operates in two segments, Energy, and Engineering and Consulting. The Energy segment offers comprehensive audit and surveys, program design and implementation, master planning, demand reduction, grid optimization, benchmarking analyses, design … Read more