Boston Omaha Corp
Boston Omaha Corporation, together with its subsidiaries, engages in the outdoor billboard advertising business in the southeast United States. It operates through General Indemnity Group, LLC (GIG); Link Media Holdings, LLC (LMH); Boston Omaha Broadband, LLC (BOB); and Boston Omaha Asset Management, LLC (BOAM) segments. The company is also involved in the surety insurance and related brokerage, … Read more
Boston Omaha Corp (BOC) - Net Assets
Latest net assets as of September 2025: $547.93 Million USD
Based on the latest financial reports, Boston Omaha Corp (BOC) has net assets worth $547.93 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 ($721.35 Million) and total liabilities ($173.43 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 | $547.93 Million |
| % of Total Assets | 75.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | 6.86% |
| 10-Year Change | 2295.01% |
| Growth Volatility | 63.6 |
Boston Omaha Corp - Net Assets Trend (2012–2024)
This chart illustrates how Boston Omaha Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Boston Omaha Corp (2012–2024)
The table below shows the annual net assets of Boston Omaha Corp from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $562.72 Million | -8.72% |
| 2023-12-31 | $616.45 Million | +17.05% |
| 2022-12-31 | $526.65 Million | -17.79% |
| 2021-12-31 | $640.60 Million | +21.65% |
| 2020-12-31 | $526.59 Million | +51.77% |
| 2019-12-31 | $346.97 Million | +9.61% |
| 2018-12-31 | $316.56 Million | +113.33% |
| 2017-12-31 | $148.39 Million | +138.61% |
| 2016-12-31 | $62.19 Million | +164.69% |
| 2015-12-31 | $23.50 Million | +5127.08% |
| 2014-12-31 | $-467.38K | -16.67% |
| 2013-12-31 | $-400.60K | -21.01% |
| 2012-12-31 | $-331.04K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Boston Omaha Corp'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 436289900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $31.47K | 0.01% |
| Other Components | $537.54 Million | 100.89% |
| Total Equity | $532.82 Million | 100.00% |
Boston Omaha Corp Competitors by Market Cap
The table below lists competitors of Boston Omaha Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Meitav Trade Inv Ltd
TA:MTRD
|
$283.72 Million |
|
Shuifa Energas Gas Co Ltd
SHG:603318
|
$283.90 Million |
|
Tianjin Jieqiang Power Equipment Co
SHE:300875
|
$284.05 Million |
|
AVCON Information Tech
SHE:300074
|
$284.05 Million |
|
Medigen Vaccine Biologics
TWO:6547
|
$283.60 Million |
|
Jiangsu Fasten Co Ltd
SHE:000890
|
$283.59 Million |
|
Akebia Therapeutics Inc
F:AX9
|
$283.56 Million |
|
Jiangsu Flag Chemical Industry Co Ltd
SHE:300575
|
$283.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boston Omaha Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 538,207,426 to 532,819,509, a change of -5,387,917 (-1.0%).
- Net loss of 1,292,450 reduced equity.
- Share repurchases of 18,350,693 reduced equity.
- Other factors increased equity by 14,255,226.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-1.29 Million | -0.24% |
| Share Repurchases | $18.35 Million | -3.44% |
| Other Changes | $14.26 Million | +2.68% |
| Total Change | $- | -1.00% |
Book Value vs Market Value Analysis
This analysis compares Boston Omaha Corp'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: 0.72x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-1.22 | $12.22 | x |
| 2013-12-31 | $-1.50 | $12.22 | x |
| 2014-12-31 | $-1.75 | $12.22 | x |
| 2015-12-31 | $22.25 | $12.22 | x |
| 2016-12-31 | $10.29 | $12.22 | x |
| 2017-12-31 | $13.60 | $12.22 | x |
| 2018-12-31 | $15.81 | $12.22 | x |
| 2019-12-31 | $15.16 | $12.22 | x |
| 2020-12-31 | $14.86 | $12.22 | x |
| 2021-12-31 | $17.09 | $12.22 | x |
| 2022-12-31 | $16.92 | $12.22 | x |
| 2023-12-31 | $17.31 | $12.22 | x |
| 2024-12-31 | $16.92 | $12.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boston Omaha Corp 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): -0.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.19%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.37x
- Recent ROE (-0.24%) is above the historical average (-0.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.00% | 0.00% | 1390281.97x | 0.00x | $-62.18K |
| 2013 | 0.00% | -207.33% | 0.36x | 0.00x | $-29.50K |
| 2014 | 0.00% | -152204038.84% | 0.90x | 0.00x | $-66.78 Billion |
| 2015 | -4.46% | -144.83% | 0.03x | 1.01x | $-3.40 Million |
| 2016 | -5.10% | -82.54% | 0.06x | 1.06x | $-9.39 Million |
| 2017 | -4.40% | -71.76% | 0.06x | 1.04x | $-21.18 Million |
| 2018 | -2.89% | -45.52% | 0.06x | 1.05x | $-40.64 Million |
| 2019 | -0.43% | -3.59% | 0.09x | 1.27x | $-36.01 Million |
| 2020 | -0.01% | -0.11% | 0.07x | 1.68x | $-38.21 Million |
| 2021 | 10.63% | 92.59% | 0.07x | 1.63x | $3.12 Million |
| 2022 | 2.03% | 12.60% | 0.12x | 1.36x | $-40.12 Million |
| 2023 | -1.30% | -7.28% | 0.13x | 1.43x | $-60.82 Million |
| 2024 | -0.24% | -1.19% | 0.15x | 1.37x | $-54.57 Million |
Industry Comparison
This section compares Boston Omaha Corp's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $104,908,722,791
- Average return on equity (ROE) among peers: -580.34%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boston Omaha Corp (BOC) | $547.93 Million | 0.00% | 0.32x | $283.63 Million |
| American Biltrite Inc (ABLT) | $54.10 Million | 22.74% | 0.53x | $786.16K |
| Agro Capital Management Corp (ACMB) | $-7.15 Million | 0.00% | 0.00x | $1.01 Million |
| African Discovery Group Inc (AFDG) | $54.66K | -5848.93% | 8.34x | $87.96 |
| Asahi Kaisei Corp (AHKSY) | $824.45 Billion | 6.51% | 1.18x | $14.57 Billion |
| Ai Holdings Corporation (AIHZF) | $80.51 Billion | 19.48% | 0.17x | $516.06 Million |
| Air T Inc (AIRT) | $21.31 Million | -34.15% | 5.60x | $21.25 Million |
| Alliance Global Group Inc (ALGGY) | $144.01 Billion | 9.65% | 0.89x | $1.28 Billion |
| Alpine 4 Holdings Inc (ALPP) | $-3.86 Million | 0.00% | 0.00x | $13.53K |
| Alaska Power & Telephone Company (APTL) | $48.02 Million | 21.25% | 1.61x | $538.24K |
| Alliance Recovery Corporation (ARVY) | $-1.81 Million | 0.00% | 0.00x | $26.21 |