Finance of America Companies Inc (FOA) - Net Assets
Based on the latest financial reports, Finance of America Companies Inc (FOA) has net assets worth $438.00 Million USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($31.33 Billion) and total liabilities ($30.89 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. Check Finance of America Companies Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $438.00 Million |
| % of Total Assets | 1.4% |
| Annual Growth Rate | -5.63% |
| 5-Year Change | -63.47% |
| 10-Year Change | N/A |
| Growth Volatility | 931.69 |
Finance of America Companies Inc - Net Assets Trend (2018–2025)
This chart illustrates how Finance of America Companies Inc's net assets have evolved over time, based on quarterly financial data. See FOA days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Finance of America Companies Inc (2018–2025)
The table below shows the annual net assets of Finance of America Companies Inc from 2018 to 2025. For live valuation and market cap data, see how much is Finance of America Companies Inc worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $395.63 Million | +25.33% |
| 2024-12-31 | $315.66 Million | +15.88% |
| 2023-12-31 | $272.41 Million | -32.71% |
| 2022-12-31 | $404.84 Million | -62.62% |
| 2021-12-31 | $1.08 Billion | +72.44% |
| 2020-12-31 | $628.04 Million | -96.15% |
| 2019-12-31 | $16.30 Billion | +2645.31% |
| 2018-12-31 | $593.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Finance of America Companies 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 2930522.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | 0.00% |
| Other Comprehensive Income | $-285.00K | -0.09% |
| Other Components | $977.82 Million | 301.91% |
| Total Equity | $323.87 Million | 100.00% |
Finance of America Companies Inc Competitors by Market Cap
The table below lists competitors of Finance of America Companies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New England Realty Associates LP
NYSE MKT:NEN
|
$171.60 Million |
|
Michlol Finance Ltd
TA:MCLL
|
$171.62 Million |
|
Readly International AB
ST:READ
|
$171.68 Million |
|
Cheng Fwa Industrial Ltd
TWO:5426
|
$171.71 Million |
|
Southland Holdings Inc.
NASDAQ:SLND
|
$171.54 Million |
|
Black Spade Acquisition III Co
NYSE:BIII
|
$171.47 Million |
|
QINGCI GAMES INC. -00001
F:Z56
|
$171.45 Million |
|
Rafael Microelectronics
TWO:6568
|
$171.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Finance of America Companies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 255,299,000 to 323,872,000, a change of 68,573,000 (26.9%).
- Net income of 45,235,000 contributed positively to equity growth.
- Dividend payments of 196,000 reduced retained earnings.
- Share repurchases of 40,149,000 reduced equity.
- New share issuances of 49,314,000 increased equity.
- Other comprehensive income decreased equity by 9,000.
- Other factors increased equity by 14,378,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $45.23 Million | +13.97% |
| Dividends Paid | $196.00K | -0.06% |
| Share Repurchases | $40.15 Million | -12.4% |
| Share Issuances | $49.31 Million | +15.23% |
| Other Comprehensive Income | $-9.00K | -0.0% |
| Other Changes | $14.38 Million | +4.44% |
| Total Change | $- | 26.86% |
Book Value vs Market Value Analysis
This analysis compares Finance of America Companies 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: 0.53x
- 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 630.46x to 0.53x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.03 | $20.06 | x |
| 2019-12-31 | $272.15 | $20.06 | x |
| 2020-12-31 | $10.49 | $20.06 | x |
| 2021-12-31 | $17.83 | $20.06 | x |
| 2022-12-31 | $13.43 | $20.06 | x |
| 2023-12-31 | $28.34 | $20.06 | x |
| 2024-12-31 | $25.71 | $20.06 | x |
| 2025-12-31 | $38.19 | $20.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Finance of America Companies 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): 13.97%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.12%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 94.89x
- Recent ROE (13.97%) is below the historical average (3490.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 28037.50% | 4.06% | 0.06x | 120031.73x | $32.05 Million |
| 2019 | 0.33% | 3.59% | 0.09x | 1.02x | $-1.58 Billion |
| 2020 | 82.54% | 21.70% | 0.12x | 31.15x | $455.58 Million |
| 2021 | -108.65% | -67.77% | 0.08x | 20.12x | $-1.28 Billion |
| 2022 | -75.09% | -27.76% | 0.03x | 82.20x | $-216.07 Million |
| 2023 | -34.48% | -5.10% | 0.06x | 116.69x | $-103.32 Million |
| 2024 | 6.07% | 0.79% | 0.07x | 114.21x | $-10.04 Million |
| 2025 | 13.97% | 2.12% | 0.07x | 94.89x | $12.85 Million |
Industry Comparison
This section compares Finance of America Companies Inc's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $4,732,358,531
- Average return on equity (ROE) among peers: 18.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Finance of America Companies Inc (FOA) | $438.00 Million | 28037.50% | 70.53x | $171.55 Million |
| Affirm Holdings Inc (AFRM) | $2.73 Billion | -18.95% | 2.48x | $21.03 Billion |
| Federal Agricultural Mortgage Corporation (AGM) | $1.72 Billion | 12.06% | 19.66x | $1.71 Billion |
| Federal Agricultural Mortgage Corporation (AGM-A) | $14.20 Million | -9.15% | 35.22x | $146.37 Million |
| AIOS Tech Inc. (AIOS) | $31.15 Million | 19.05% | 0.51x | $3.53 Million |
| Ally Financial Inc (ALLY) | $17.05 Billion | 17.95% | 9.70x | $12.59 Billion |
| Antalpha Platform Holding Co (ANTA) | $46.38 Million | 9.47% | 26.05x | $156.91 Million |
| Atlanticus Holdings Corporation (ATLC) | $7.44 Million | 96.44% | 35.06x | $1.34 Billion |
| American Express Company (AXP) | $22.98 Billion | 13.64% | 7.33x | $215.64 Billion |
| Bread Financial Holdings, Inc. (BFH) | $2.27 Billion | 9.85% | 10.22x | $4.12 Billion |
| Credit Acceptance Corporation (CACC) | $474.47 Million | 35.85% | 1.83x | $5.46 Billion |
About Finance of America Companies Inc
Finance of America Companies Inc. a financial service holding company, through its subsidiaries, provides home equity-based financing solutions for a modern retirement in the United States. The company operates through two segments: Retirement Solutions and Portfolio Management. It offers home equity conversion and non-agency reverse mortgage loans; and product development, loan securitization, l… Read more