Forge Global Holdings Inc
Forge Global Holdings, Inc. operates a financial services platform in California. The company's platform solutions include marketplace solutions, a private market platform which is designed to connect buyers looking to invest in private companies and sellers of company shares and related products; private company solutions, a private company to deliver comprehensive, tailored solutions for their … Read more
Forge Global Holdings Inc (FRGE) - Net Assets
Latest net assets as of September 2025: $206.40 Million USD
Based on the latest financial reports, Forge Global Holdings Inc (FRGE) has net assets worth $206.40 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 ($252.03 Million) and total liabilities ($45.63 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 | $206.40 Million |
| % of Total Assets | 81.9% |
| Annual Growth Rate | 43.35% |
| 5-Year Change | 51.82% |
| 10-Year Change | N/A |
| Growth Volatility | 117.47 |
Forge Global Holdings Inc - Net Assets Trend (2019–2024)
This chart illustrates how Forge Global 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 Forge Global Holdings Inc (2019–2024)
The table below shows the annual net assets of Forge Global Holdings Inc from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $226.74 Million | -15.53% |
| 2023-12-31 | $268.42 Million | -17.53% |
| 2022-12-31 | $325.46 Million | +68.27% |
| 2021-12-31 | $193.42 Million | +29.51% |
| 2020-12-31 | $149.35 Million | +298.96% |
| 2019-12-31 | $37.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forge Global 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 decreased by 29662400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $19.00K | 0.01% |
| Other Comprehensive Income | $572.00K | 0.26% |
| Other Components | $569.96 Million | 254.92% |
| Total Equity | $223.58 Million | 100.00% |
Forge Global Holdings Inc Competitors by Market Cap
The table below lists competitors of Forge Global Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bukit Sembawang Estates Limited
F:B1W1
|
$456.38 Million |
|
Bros Eastern Co Ltd
SHG:601339
|
$456.40 Million |
|
KSB Ltd
NSE:KSB
|
$456.48 Million |
|
Sipef NV
BR:SIP
|
$456.61 Million |
|
Hongsheng Heat Exchanger Mnfg
SHG:603090
|
$456.22 Million |
|
REVO INSURANCE SPA O.N.
F:H0O
|
$456.22 Million |
|
Nedap N.V
F:NE3
|
$456.22 Million |
|
Hangzhou Youngsun Intelligent
SHG:603901
|
$456.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forge Global Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 263,512,000 to 223,582,000, a change of -39,930,000 (-15.2%).
- Net loss of 66,333,000 reduced equity.
- Other comprehensive income decreased equity by 339,000.
- Other factors increased equity by 26,742,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-66.33 Million | -29.67% |
| Other Comprehensive Income | $-339.00K | -0.15% |
| Other Changes | $26.74 Million | +11.96% |
| Total Change | $- | -15.15% |
Book Value vs Market Value Analysis
This analysis compares Forge Global 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: 2.46x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 4.15x to 2.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $10.85 | $45.00 | x |
| 2020-12-31 | $43.29 | $45.00 | x |
| 2021-12-31 | $53.43 | $45.00 | x |
| 2022-12-31 | $33.04 | $45.00 | x |
| 2023-12-31 | $22.80 | $45.00 | x |
| 2024-12-31 | $18.31 | $45.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forge Global 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): -29.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -83.62%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.18x
- Recent ROE (-29.67%) is below the historical average (-25.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -40.71% | -63.36% | 0.20x | 3.16x | $-18.98 Million |
| 2020 | -6.50% | -20.34% | 0.18x | 1.73x | $-24.65 Million |
| 2021 | -9.56% | -14.45% | 0.50x | 1.33x | $-37.84 Million |
| 2022 | -35.02% | -161.22% | 0.19x | 1.14x | $-143.80 Million |
| 2023 | -34.24% | -129.22% | 0.22x | 1.18x | $-116.57 Million |
| 2024 | -29.67% | -83.62% | 0.30x | 1.18x | $-88.69 Million |
Industry Comparison
This section compares Forge Global Holdings Inc's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $277,925,984
- Average return on equity (ROE) among peers: -4.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forge Global Holdings Inc (FRGE) | $206.40 Million | -40.71% | 0.22x | $456.29 Million |
| Armada Mercantile Ltd (AAMTF) | $197.80K | -9.79% | 0.44x | $3.53 Million |
| ABG Sundal Collier Holding ASA (ABGSF) | $1.65 Billion | 37.94% | 2.19x | $207.31 Million |
| Athena Bitcoin Global (ABIT) | $-1.06 Million | 0.00% | 0.00x | $16.38 Million |
| ABS-CBN Holdings Corporation (ABSOF) | $0.00 | 0.00% | 0.00x | $5.67 Million |
| American Bitcoin Corp (ABTC) | $1.02 Billion | 42.26% | 0.09x | $204.84 Million |
| Abits Group Inc. (ABTS) | $6.57 Million | -41.72% | 0.18x | $4.62 Million |
| Argentex Group PLC (AGXTF) | $43.40 Million | -3.00% | 2.61x | $4.51 Million |
| Sphere 3D Corp (ANY) | $40.32 Million | -58.05% | 0.24x | $4.44 Million |
| Argo Blockchain PLC (ARBKF) | $27.19 Million | -15.14% | 0.01x | $2.16 Million |
| Arcane Crypto AB (ARCNF) | $-17.00K | 0.00% | 0.00x | $1.38 Million |