Graham Corporation (GHM) - Net Assets
Based on the latest financial reports, Graham Corporation (GHM) has net assets worth $131.31 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($292.93 Million) and total liabilities ($161.62 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. Check GHM asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $131.31 Million |
| % of Total Assets | 44.83% |
| Annual Growth Rate | 6.74% |
| 5-Year Change | 22.11% |
| 10-Year Change | 9.32% |
| Growth Volatility | 20.3 |
Graham Corporation - Net Assets Trend (1986–2025)
This chart illustrates how Graham Corporation's net assets have evolved over time, based on quarterly financial data. Also explore Graham Corporation assets under control for the complete picture of this company's asset base.
Annual Net Assets for Graham Corporation (1986–2025)
The table below shows the annual net assets of Graham Corporation from 1986 to 2025. For live valuation and market cap data, see Graham Corporation market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $119.58 Million | +13.27% |
| 2024-03-31 | $105.57 Million | +8.91% |
| 2023-03-31 | $96.93 Million | +0.45% |
| 2022-03-31 | $96.49 Million | -1.47% |
| 2021-03-31 | $97.93 Million | +1.25% |
| 2020-03-31 | $96.72 Million | -2.27% |
| 2019-03-31 | $98.97 Million | -4.24% |
| 2018-03-31 | $103.35 Million | -9.43% |
| 2017-03-31 | $114.11 Million | +4.32% |
| 2016-03-31 | $109.38 Million | -6.15% |
| 2015-03-31 | $116.55 Million | +10.05% |
| 2014-03-31 | $105.91 Million | +13.89% |
| 2013-03-31 | $93.00 Million | +13.94% |
| 2012-03-31 | $81.62 Million | +10.81% |
| 2011-03-31 | $73.66 Million | +6.63% |
| 2010-03-31 | $69.07 Million | +13.03% |
| 2009-03-31 | $61.11 Million | +25.91% |
| 2008-03-31 | $48.54 Million | +58.33% |
| 2007-03-31 | $30.65 Million | +13.09% |
| 2006-03-31 | $27.11 Million | +63.51% |
| 2005-03-31 | $16.58 Million | -8.66% |
| 2004-03-31 | $18.15 Million | -3.42% |
| 2003-03-31 | $18.79 Million | -4.29% |
| 2002-03-31 | $19.64 Million | +14.58% |
| 2001-03-31 | $17.14 Million | +0.26% |
| 2000-03-31 | $17.09 Million | +2.35% |
| 1999-03-31 | $16.70 Million | -6.18% |
| 1998-03-31 | $17.80 Million | +49.58% |
| 1997-03-31 | $11.90 Million | +41.67% |
| 1996-03-31 | $8.40 Million | +18.31% |
| 1995-03-31 | $7.10 Million | -52.35% |
| 1994-03-31 | $14.90 Million | +3.47% |
| 1993-03-31 | $14.40 Million | -4.00% |
| 1992-03-31 | $15.00 Million | +4.90% |
| 1991-03-31 | $14.30 Million | +10.85% |
| 1990-03-31 | $12.90 Million | +38.71% |
| 1989-03-31 | $9.30 Million | +6.90% |
| 1988-03-31 | $8.70 Million | +4.82% |
| 1987-03-31 | $8.30 Million | -11.70% |
| 1986-03-31 | $9.40 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Graham Corporation'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 913.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $94.23 Million | 78.80% |
| Common Stock | $1.11 Million | 0.93% |
| Other Comprehensive Income | $-6.99 Million | -5.84% |
| Other Components | $31.23 Million | 26.12% |
| Total Equity | $119.58 Million | 100.00% |
Graham Corporation Competitors by Market Cap
The table below lists competitors of Graham Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Accel Entertainment Inc
NYSE:ACEL
|
$941.91 Million |
|
Rainbow Department Store Co Ltd
SHE:002419
|
$942.43 Million |
|
HDC Holdings Co Ltd
KO:012630
|
$942.66 Million |
|
Wushang Group Co Ltd
SHE:000501
|
$942.98 Million |
|
Shenzhen LeoKing Environmental Group Co. Ltd. A
SHE:301305
|
$941.78 Million |
|
Life Healthcare
JSE:LHC
|
$941.52 Million |
|
Clean Science and Technology Limited
NSE:CLEAN
|
$941.37 Million |
|
Yunnan QuakeSafe Seismic Isolation Technologies Co Ltd Class A
SHE:300767
|
$941.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Graham Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 105,566,000 to 119,577,000, a change of 14,011,000 (13.3%).
- Net income of 12,230,000 contributed positively to equity growth.
- Share repurchases of 854,000 reduced equity.
- New share issuances of 653,000 increased equity.
- Other comprehensive income increased equity by 26,000.
- Other factors increased equity by 1,956,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $12.23 Million | +10.23% |
| Share Repurchases | $854.00K | -0.71% |
| Share Issuances | $653.00K | +0.55% |
| Other Comprehensive Income | $26.00K | +0.02% |
| Other Changes | $1.96 Million | +1.64% |
| Total Change | $- | 13.27% |
Book Value vs Market Value Analysis
This analysis compares Graham Corporation'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: 8.77x
- 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 decreased from 74.02x to 8.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-03-31 | $1.28 | $94.80 | x |
| 1987-03-31 | $1.13 | $94.80 | x |
| 1988-03-31 | $1.19 | $94.80 | x |
| 1989-03-31 | $1.27 | $94.80 | x |
| 1990-03-31 | $1.76 | $94.80 | x |
| 1991-03-31 | $1.86 | $94.80 | x |
| 1992-03-31 | $1.52 | $94.80 | x |
| 1993-03-31 | $1.84 | $94.80 | x |
| 1994-03-31 | $1.89 | $94.80 | x |
| 1995-03-31 | $0.90 | $94.80 | x |
| 1996-03-31 | $1.06 | $94.80 | x |
| 1997-03-31 | $1.50 | $94.80 | x |
| 1998-03-31 | $2.07 | $94.80 | x |
| 1999-03-31 | $2.03 | $94.80 | x |
| 2000-03-31 | $2.26 | $94.80 | x |
| 2001-03-31 | $2.10 | $94.80 | x |
| 2002-03-31 | $2.35 | $94.80 | x |
| 2003-03-31 | $2.25 | $94.80 | x |
| 2004-03-31 | $2.22 | $94.80 | x |
| 2005-03-31 | $1.85 | $94.80 | x |
| 2006-03-31 | $2.90 | $94.80 | x |
| 2007-03-31 | $2.49 | $94.80 | x |
| 2008-03-31 | $4.81 | $94.80 | x |
| 2009-03-31 | $5.99 | $94.80 | x |
| 2010-03-31 | $6.95 | $94.80 | x |
| 2011-03-31 | $7.40 | $94.80 | x |
| 2012-03-31 | $8.16 | $94.80 | x |
| 2013-03-31 | $9.25 | $94.80 | x |
| 2014-03-31 | $10.48 | $94.80 | x |
| 2015-03-31 | $11.49 | $94.80 | x |
| 2016-03-31 | $10.96 | $94.80 | x |
| 2017-03-31 | $11.73 | $94.80 | x |
| 2018-03-31 | $10.58 | $94.80 | x |
| 2019-03-31 | $10.07 | $94.80 | x |
| 2020-03-31 | $9.79 | $94.80 | x |
| 2021-03-31 | $9.83 | $94.80 | x |
| 2022-03-31 | $9.15 | $94.80 | x |
| 2023-03-31 | $9.10 | $94.80 | x |
| 2024-03-31 | $9.73 | $94.80 | x |
| 2025-03-31 | $10.81 | $94.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Graham Corporation 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): 10.23%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.83%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 2.21x
- Recent ROE (10.23%) is above the historical average (2.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | -44.68% | -5.46% | 1.60x | 5.11x | $-5.14 Million |
| 1987 | -14.46% | -2.21% | 1.32x | 4.94x | $-2.03 Million |
| 1988 | -12.64% | -1.85% | 1.58x | 4.33x | $-1.97 Million |
| 1989 | 5.38% | 0.80% | 1.78x | 3.76x | $-430.00K |
| 1990 | 32.56% | 6.19% | 1.81x | 2.91x | $2.91 Million |
| 1991 | 9.09% | 1.67% | 1.87x | 2.92x | $-130.00K |
| 1992 | 5.33% | 1.13% | 1.68x | 2.81x | $-700.00K |
| 1993 | 10.42% | 2.39% | 1.38x | 3.15x | $60.00K |
| 1994 | 2.70% | 0.65% | 1.48x | 2.80x | $-1.08 Million |
| 1995 | -118.31% | -17.72% | 1.58x | 4.23x | $-9.11 Million |
| 1996 | 13.10% | 2.22% | 1.68x | 3.51x | $260.00K |
| 1997 | 26.05% | 6.03% | 1.69x | 2.55x | $1.91 Million |
| 1998 | 21.35% | 6.76% | 1.52x | 2.08x | $2.02 Million |
| 1999 | 14.37% | 4.53% | 1.55x | 2.04x | $730.00K |
| 2000 | -4.87% | -2.15% | 1.12x | 2.02x | $-2.54 Million |
| 2001 | 1.14% | 0.44% | 1.21x | 2.14x | $-1.52 Million |
| 2002 | 11.74% | 4.86% | 1.08x | 2.23x | $341.40K |
| 2003 | 0.71% | 0.27% | 1.29x | 2.04x | $-1.75 Million |
| 2004 | -5.90% | -2.47% | 1.21x | 1.97x | $-2.88 Million |
| 2005 | -17.53% | -7.03% | 1.23x | 2.02x | $-4.56 Million |
| 2006 | 13.23% | 6.50% | 1.36x | 1.50x | $875.30K |
| 2007 | 18.79% | 8.75% | 1.35x | 1.59x | $2.70 Million |
| 2008 | 30.97% | 17.39% | 1.22x | 1.46x | $10.18 Million |
| 2009 | 28.58% | 17.28% | 1.16x | 1.42x | $11.36 Million |
| 2010 | 9.21% | 10.23% | 0.57x | 1.58x | $-546.40K |
| 2011 | 7.98% | 7.91% | 0.63x | 1.60x | $-1.49 Million |
| 2012 | 12.93% | 10.23% | 0.90x | 1.41x | $2.39 Million |
| 2013 | 11.99% | 10.62% | 0.83x | 1.36x | $1.85 Million |
| 2014 | 9.58% | 9.92% | 0.72x | 1.34x | $-445.80K |
| 2015 | 12.64% | 10.90% | 0.87x | 1.33x | $3.08 Million |
| 2016 | 5.61% | 6.81% | 0.63x | 1.31x | $-4.81 Million |
| 2017 | 4.40% | 5.47% | 0.61x | 1.33x | $-6.39 Million |
| 2018 | -9.53% | -12.70% | 0.54x | 1.39x | $-20.18 Million |
| 2019 | -0.31% | -0.34% | 0.59x | 1.58x | $-10.20 Million |
| 2020 | 1.94% | 2.07% | 0.61x | 1.53x | $-7.80 Million |
| 2021 | 2.42% | 2.44% | 0.68x | 1.47x | $-7.42 Million |
| 2022 | -9.09% | -7.14% | 0.67x | 1.90x | $-18.42 Million |
| 2023 | 0.38% | 0.23% | 0.77x | 2.10x | $-9.33 Million |
| 2024 | 4.32% | 2.46% | 0.79x | 2.22x | $-6.00 Million |
| 2025 | 10.23% | 5.83% | 0.79x | 2.21x | $272.30K |
Industry Comparison
This section compares Graham Corporation's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $423,177,531
- Average return on equity (ROE) among peers: 6.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Graham Corporation (GHM) | $131.31 Million | -44.68% | 1.23x | $941.85 Million |
| Ametek Inc (AME) | $252.90 Million | 16.29% | 1.13x | $53.06 Billion |
| American Superconductor Corporation (AMSC) | $22.10 Million | -19.46% | 0.09x | $1.72 Billion |
| Smith AO Corporation (AOS) | $1.72 Billion | 25.87% | 0.79x | $6.84 Billion |
| ATS Corporation (ATS) | $143.40 Million | 13.67% | 0.65x | $2.89 Billion |
| Babcock & Wilcox Enterprises Inc (BW) | $-294.94 Million | 0.00% | 0.00x | $1.90 Billion |
| Broadwind Energy Inc (BWEN) | $59.40 Million | 1.94% | 1.16x | $50.81 Million |
| Clean Energy Technologies, Inc. Common Stock (CETY) | $-4.80 Million | 0.00% | 0.00x | $5.97 Million |
| Cummins Inc (CMI) | $933.00 Million | 8.79% | 4.18x | $74.50 Billion |
| Crane Company (CR) | $1.15 Billion | 10.72% | 1.99x | $9.93 Billion |
| CSW Industrials, Inc. (CSW) | $258.01 Million | 9.87% | 0.52x | $4.86 Billion |
About Graham Corporation
Graham Corporation designs and manufactures fluid, power, heat transfer, and vacuum technologies for chemical and petrochemical processing, defense, space, petroleum refining, cryogenic, and energy industries. The company offers power plant systems, such as ejectors and surface condensers; torpedo ejection, propulsion, and power systems, including turbines, alternators, regulators, pumps, and blo… Read more