Traeger Inc (COOK) - Net Assets
Based on the latest financial reports, Traeger Inc (COOK) has net assets worth $186.14 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 ($689.62 Million) and total liabilities ($503.49 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. Read Traeger Inc balance sheet liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $186.14 Million |
| % of Total Assets | 26.99% |
| Annual Growth Rate | -8.49% |
| 5-Year Change | -41.81% |
| 10-Year Change | N/A |
| Growth Volatility | 24.24 |
Traeger Inc - Net Assets Trend (2019–2024)
This chart illustrates how Traeger Inc's net assets have evolved over time, based on quarterly financial data. Also explore Traeger Inc total assets for the complete picture of this company's asset base.
Annual Net Assets for Traeger Inc (2019–2024)
The table below shows the annual net assets of Traeger Inc from 2019 to 2024. For live valuation and market cap data, see COOK market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $276.43 Million | -5.12% |
| 2023-12-31 | $291.35 Million | -13.00% |
| 2022-12-31 | $334.87 Million | -44.74% |
| 2021-12-31 | $606.02 Million | +27.57% |
| 2020-12-31 | $475.04 Million | +10.25% |
| 2019-12-31 | $430.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Traeger 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 56128500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $13.00K | 0.00% |
| Other Comprehensive Income | $4.34 Million | 1.57% |
| Other Components | $960.97 Million | 347.63% |
| Total Equity | $276.43 Million | 100.00% |
Traeger Inc Competitors by Market Cap
The table below lists competitors of Traeger Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TTEC Holdings Inc
NASDAQ:TTEC
|
$118.01 Million |
|
Allied Tecnologia S.A
SA:ALLD3
|
$118.06 Million |
|
EML Payments Ltd
F:A8Y1
|
$118.07 Million |
|
GSD Holding AS
IS:GSDHO
|
$118.12 Million |
|
JLK Inc
KQ:322510
|
$117.95 Million |
|
Severn Trent PLC
LSE:SVT
|
$117.92 Million |
|
Segro Plc
LSE:SGRO
|
$117.91 Million |
|
Nelly Group AB
ST:NELLY
|
$117.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Traeger Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 291,348,000 to 276,430,000, a change of -14,918,000 (-5.1%).
- Net loss of 34,008,000 reduced equity.
- Share repurchases of 2,207,000 reduced equity.
- Other comprehensive income decreased equity by 6,604,000.
- Other factors increased equity by 27,901,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-34.01 Million | -12.3% |
| Share Repurchases | $2.21 Million | -0.8% |
| Other Comprehensive Income | $-6.60 Million | -2.39% |
| Other Changes | $27.90 Million | +10.09% |
| Total Change | $- | -5.12% |
Book Value vs Market Value Analysis
This analysis compares Traeger 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: 19.77x
- 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 increased from 11.70x to 19.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $3.67 | $42.88 | x |
| 2020-12-31 | $4.04 | $42.88 | x |
| 2021-12-31 | $5.39 | $42.88 | x |
| 2022-12-31 | $2.80 | $42.88 | x |
| 2023-12-31 | $2.35 | $42.88 | x |
| 2024-12-31 | $2.17 | $42.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Traeger 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): -12.30%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.63%
- • Asset Turnover: 0.73x
- • Equity Multiplier: 3.01x
- Recent ROE (-12.30%) is above the historical average (-28.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -6.87% | -8.15% | 0.39x | 2.15x | $-72.68 Million |
| 2020 | 6.54% | 5.69% | 0.55x | 2.08x | $-16.45 Million |
| 2021 | -15.14% | -11.68% | 0.67x | 1.94x | $-152.37 Million |
| 2022 | -114.12% | -58.26% | 0.69x | 2.83x | $-415.63 Million |
| 2023 | -28.97% | -13.93% | 0.70x | 2.95x | $-113.54 Million |
| 2024 | -12.30% | -5.63% | 0.73x | 3.01x | $-61.65 Million |
Industry Comparison
This section compares Traeger Inc's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $200,045,012
- Average return on equity (ROE) among peers: -60.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Traeger Inc (COOK) | $186.14 Million | -6.87% | 2.70x | $117.97 Million |
| American Woodmark Corporation (AMWD) | $910.38 Million | 12.77% | 0.75x | $566.17 Million |
| Aterian Inc (ATER) | $5.37 Million | -592.72% | 9.80x | $7.79 Million |
| Applied UV, Inc. (AUVIQ) | $9.75 Million | -34.54% | 0.43x | $467.00 |
| Bassett Furniture Industries (BSET) | $178.67 Million | -1.08% | 0.54x | $122.89 Million |
| Crown Crafts Inc (CRWS) | $7.80 Million | 7.69% | 1.55x | $29.11 Million |
| Energy Focu (EFOI) | $45.32 Million | 19.37% | 0.23x | $11.08 Million |
| Ethan Allen Interiors Inc (ETD) | $434.07 Million | 18.28% | 0.45x | $521.65 Million |
| FGI Industries Ltd (FGI) | $3.62 Million | 43.40% | 9.92x | $8.13 Million |
| Flexsteel Industries Inc (FLXS) | $205.43 Million | -15.87% | 0.24x | $259.42 Million |
About Traeger Inc
Traeger, Inc., together with its subsidiaries, designs, sources, sells, and supports wood pellet fueled barbecue grills and pellet fueled barbecue grills for retailers, distributors, and direct to consumers in the United States and internationally. The company's wood pellet grills are internet of things devices that allow owners to program, monitor, and control their grill through its Traeger app… Read more