Cannae Holdings Inc
Cannae Holdings, Inc. is a principal investment firm. The firm primarily invests in restaurants, technology enabled healthcare services, financial services and more. It takes both minority and majority stakes. Cannae Holdings, Inc. was founded in 2014 and is based in Las Vegas, Nevada.
Cannae Holdings Inc (CNNE) - Net Assets
Latest net assets as of September 2025: $1.18 Billion USD
Based on the latest financial reports, Cannae Holdings Inc (CNNE) has net assets worth $1.18 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.51 Billion) and total liabilities ($331.60 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 | $1.18 Billion |
| % of Total Assets | 78.1% |
| Annual Growth Rate | 6.17% |
| 5-Year Change | -52.04% |
| 10-Year Change | N/A |
| Growth Volatility | 49.73 |
Cannae Holdings Inc - Net Assets Trend (2015–2024)
This chart illustrates how Cannae Holdings 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 Cannae Holdings Inc (2015–2024)
The table below shows the annual net assets of Cannae Holdings Inc from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.82 Billion | -21.39% |
| 2023-12-31 | $2.31 Billion | -14.94% |
| 2022-12-31 | $2.71 Billion | -18.74% |
| 2021-12-31 | $3.34 Billion | -11.73% |
| 2020-12-31 | $3.79 Billion | +147.43% |
| 2019-12-31 | $1.53 Billion | +27.48% |
| 2018-12-31 | $1.20 Billion | +4.07% |
| 2017-12-31 | $1.15 Billion | +14.19% |
| 2016-12-31 | $1.01 Billion | -4.65% |
| 2015-12-31 | $1.06 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cannae 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 57010000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $567.10 Million | 30.88% |
| Other Comprehensive Income | $-19.20 Million | -1.05% |
| Other Components | $1.29 Billion | 70.17% |
| Total Equity | $1.84 Billion | 100.00% |
Cannae Holdings Inc Competitors by Market Cap
The table below lists competitors of Cannae Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wenfeng Great World Chain Development Corp
SHG:601010
|
$417.93 Million |
|
Zydus Wellness Limited
NSE:ZYDUSWELL
|
$418.00 Million |
|
Feitian Technologies Co Ltd
SHE:300386
|
$418.01 Million |
|
Gresgying Digital Energy Technology Co Ltd
SHG:600212
|
$418.02 Million |
|
Inter & Co Inc
SA:INBR32
|
$417.84 Million |
|
Zhongzhu Medical Holdings Co Ltd
SHG:600568
|
$417.81 Million |
|
Hexatronic Group AB (publ)
PINK:HTROF
|
$417.76 Million |
|
Jastrzebska Spotka Weglowa SA
WAR:JSW
|
$417.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cannae Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,324,500,000 to 1,836,500,000, a change of -488,000,000 (-21.0%).
- Net loss of 304,600,000 reduced equity.
- Dividend payments of 22,400,000 reduced retained earnings.
- Share repurchases of 235,000,000 reduced equity.
- Other comprehensive income increased equity by 700,000.
- Other factors increased equity by 73,300,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-304.60 Million | -16.59% |
| Dividends Paid | $22.40 Million | -1.22% |
| Share Repurchases | $235.00 Million | -12.8% |
| Other Comprehensive Income | $700.00K | +0.04% |
| Other Changes | $73.30 Million | +3.99% |
| Total Change | $- | -20.99% |
Book Value vs Market Value Analysis
This analysis compares Cannae 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: 0.41x
- 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 0.87x to 0.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $13.34 | $11.63 | x |
| 2016-12-31 | $12.61 | $11.63 | x |
| 2017-12-31 | $15.01 | $11.63 | x |
| 2018-12-31 | $15.78 | $11.63 | x |
| 2019-12-31 | $20.56 | $11.63 | x |
| 2020-12-31 | $44.00 | $11.63 | x |
| 2021-12-31 | $37.02 | $11.63 | x |
| 2022-12-31 | $33.32 | $11.63 | x |
| 2023-12-31 | $31.67 | $11.63 | x |
| 2024-12-31 | $28.52 | $11.63 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cannae 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): -16.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -67.31%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.21x
- Recent ROE (-16.59%) is below the historical average (0.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -2.42% | -1.62% | 0.96x | 1.56x | $-117.45 Million |
| 2016 | -1.39% | -1.05% | 0.80x | 1.65x | $-101.75 Million |
| 2017 | 10.27% | 9.30% | 0.79x | 1.40x | $2.86 Million |
| 2018 | 2.45% | 2.29% | 0.83x | 1.30x | $-84.89 Million |
| 2019 | 3.14% | 4.37% | 0.51x | 1.41x | $-102.05 Million |
| 2020 | 47.26% | 304.97% | 0.13x | 1.22x | $1.41 Billion |
| 2021 | -8.60% | -38.67% | 0.19x | 1.17x | $-620.53 Million |
| 2022 | -15.75% | -64.66% | 0.21x | 1.15x | $-699.98 Million |
| 2023 | -13.48% | -54.98% | 0.21x | 1.16x | $-545.85 Million |
| 2024 | -16.59% | -67.31% | 0.20x | 1.21x | $-488.25 Million |
Industry Comparison
This section compares Cannae Holdings Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cannae Holdings Inc (CNNE) | $1.18 Billion | -2.42% | 0.28x | $417.92 Million |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |