Envestnet Inc
Envestnet, Inc., through its subsidiaries, provides wealth management software and services in the United States and internationally. It operates through two segments: Envestnet Wealth Solutions and Envestnet Data & Analytics. The Envestnet Wealth Solutions segment offers Envestnet | Enterprise, an end-to-end open architecture wealth management platform, as well as offers data aggregation and rep… Read more
Envestnet Inc (ENV) - Net Assets
Latest net assets as of September 2024: $526.61 Million USD
Based on the latest financial reports, Envestnet Inc (ENV) has net assets worth $526.61 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.83 Billion) and total liabilities ($1.30 Billion). 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 | $526.61 Million |
| % of Total Assets | 28.8% |
| Annual Growth Rate | 16.44% |
| 5-Year Change | -33.78% |
| 10-Year Change | 184.42% |
| Growth Volatility | 36.04 |
Envestnet Inc - Net Assets Trend (2008–2023)
This chart illustrates how Envestnet 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 Envestnet Inc (2008–2023)
The table below shows the annual net assets of Envestnet Inc from 2008 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $574.51 Million | -25.16% |
| 2022-12-31 | $767.60 Million | -20.00% |
| 2021-12-31 | $959.54 Million | -1.67% |
| 2020-12-31 | $975.82 Million | +12.48% |
| 2019-12-31 | $867.58 Million | +37.14% |
| 2018-12-31 | $632.60 Million | +44.87% |
| 2017-12-31 | $436.67 Million | +5.66% |
| 2016-12-31 | $413.29 Million | -6.06% |
| 2015-12-31 | $439.93 Million | +117.80% |
| 2014-12-31 | $201.99 Million | +36.69% |
| 2013-12-31 | $147.77 Million | +17.21% |
| 2012-12-31 | $126.07 Million | +9.02% |
| 2011-12-31 | $115.64 Million | +13.02% |
| 2010-12-31 | $102.32 Million | +75.67% |
| 2009-12-31 | $58.25 Million | -0.58% |
| 2008-12-31 | $58.58 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Envestnet 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 31614200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $355.00K | 0.06% |
| Other Comprehensive Income | $-8.57 Million | -1.51% |
| Other Components | $934.05 Million | 164.39% |
| Total Equity | $568.19 Million | 100.00% |
Envestnet Inc Competitors by Market Cap
The table below lists competitors of Envestnet Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Weihai Guangwei Composites Co Ltd
SHE:300699
|
$2.68 Billion |
|
Jumbo S.A.
AT:BELA
|
$2.68 Billion |
|
Infrastrutture Wireless Italiane S.p.A
PINK:IFSUF
|
$2.68 Billion |
|
Mercury NZ Limited
PINK:MGHTF
|
$2.69 Billion |
|
IPCA Laboratories Limited
NSE:IPCALAB
|
$2.68 Billion |
|
Vodacom Group Ltd PK
PINK:VDMCY
|
$2.68 Billion |
|
Rubis SCA
PA:RUI
|
$2.68 Billion |
|
FDJ United
LSE:0A8B
|
$2.68 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Envestnet Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 754,567,000 to 568,191,000, a change of -186,376,000 (-24.7%).
- Net loss of 238,724,000 reduced equity.
- Share repurchases of 9,289,000 reduced equity.
- Other comprehensive income increased equity by 22,000.
- Other factors increased equity by 61,615,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-238.72 Million | -42.01% |
| Share Repurchases | $9.29 Million | -1.63% |
| Other Comprehensive Income | $22.00K | +0.0% |
| Other Changes | $61.62 Million | +10.84% |
| Total Change | $- | -24.70% |
Book Value vs Market Value Analysis
This analysis compares Envestnet 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: 6.05x
- 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 27.61x to 6.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | $2.29 | $63.14 | x |
| 2009-12-31 | $4.51 | $63.14 | x |
| 2010-12-31 | $4.92 | $63.14 | x |
| 2011-12-31 | $3.52 | $63.14 | x |
| 2012-12-31 | $3.78 | $63.14 | x |
| 2013-12-31 | $4.14 | $63.14 | x |
| 2014-12-31 | $5.46 | $63.14 | x |
| 2015-12-31 | $11.45 | $63.14 | x |
| 2016-12-31 | $9.64 | $63.14 | x |
| 2017-12-31 | $9.98 | $63.14 | x |
| 2018-12-31 | $13.37 | $63.14 | x |
| 2019-12-31 | $17.06 | $63.14 | x |
| 2020-12-31 | $18.22 | $63.14 | x |
| 2021-12-31 | $17.28 | $63.14 | x |
| 2022-12-31 | $13.27 | $63.14 | x |
| 2023-12-31 | $10.43 | $63.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Envestnet 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): -42.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -19.17%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 3.30x
- Recent ROE (-42.01%) is below the historical average (-2.65%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 8.97% | 5.72% | 1.27x | 1.23x | $-603.30K |
| 2009 | -1.50% | -1.12% | 1.04x | 1.29x | $-6.70 Million |
| 2010 | -0.61% | -0.64% | 0.69x | 1.39x | $-10.86 Million |
| 2011 | 6.58% | 6.17% | 0.89x | 1.19x | $-3.96 Million |
| 2012 | 1.11% | 0.89% | 0.97x | 1.29x | $-11.21 Million |
| 2013 | 2.48% | 1.51% | 1.10x | 1.50x | $-11.12 Million |
| 2014 | 7.04% | 4.06% | 0.79x | 2.18x | $-5.97 Million |
| 2015 | 1.01% | 1.05% | 0.48x | 2.01x | $-39.52 Million |
| 2016 | -13.46% | -9.61% | 0.66x | 2.11x | $-96.86 Million |
| 2017 | -0.75% | -0.48% | 0.79x | 1.98x | $-46.91 Million |
| 2018 | 0.91% | 0.71% | 0.62x | 2.07x | $-57.62 Million |
| 2019 | -1.98% | -1.91% | 0.50x | 2.07x | $-104.11 Million |
| 2020 | -0.27% | -0.26% | 0.47x | 2.20x | $-100.28 Million |
| 2021 | 1.39% | 1.12% | 0.53x | 2.34x | $-82.41 Million |
| 2022 | -11.33% | -6.89% | 0.59x | 2.80x | $-160.94 Million |
| 2023 | -42.01% | -19.17% | 0.66x | 3.30x | $-295.54 Million |
Industry Comparison
This section compares Envestnet Inc's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,558,090,989
- Average return on equity (ROE) among peers: -47.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Envestnet Inc (ENV) | $526.61 Million | 8.97% | 2.47x | $2.68 Billion |
| Abaxx Technologies Inc (ABXXF) | $42.03 Million | -128.66% | 0.23x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $2.15 Million | -4.58% | 1.86x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $6.67 Billion | 12.49% | 0.51x | $104.01 Billion |
| Adcore Inc (ADCOF) | $9.73 Million | -22.96% | 0.49x | $3.03 Million |
| ADEIA CORP (ADEA) | $618.15 Million | -0.05% | 1.00x | $2.50 Billion |
| Automatic Data Processing Inc (ADP) | $6.19 Billion | 22.71% | 4.21x | $84.26 Billion |
| Autodesk Inc (ADSK) | $2.04 Billion | 12.11% | 1.11x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $445.50K | -270.60% | 3.60x | $0.93 |
| AudioEye Inc (AEYE) | $10.59 Million | -98.53% | 1.31x | $49.31 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.97 |