Glatfelter
As of November 4, 2024, Glatfelter Corporation was acquired by Health, Hygiene and Specialties Global Nonwovens and Films Business of Berry Global Group, Inc.
Glatfelter (GLT) - Net Assets
Latest net assets as of September 2024: $206.70 Million USD
Based on the latest financial reports, Glatfelter (GLT) has net assets worth $206.70 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 ($1.52 Billion) and total liabilities ($1.31 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 | $206.70 Million |
| % of Total Assets | 13.58% |
| Annual Growth Rate | 0.18% |
| 5-Year Change | -53.8% |
| 10-Year Change | -60.43% |
| Growth Volatility | 16.14 |
Glatfelter - Net Assets Trend (1985–2023)
This chart illustrates how Glatfelter's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Glatfelter (1985–2023)
The table below shows the annual net assets of Glatfelter from 1985 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $256.85 Million | -19.23% |
| 2022-12-31 | $318.00 Million | -41.41% |
| 2021-12-31 | $542.76 Million | -6.09% |
| 2020-12-31 | $577.93 Million | +3.95% |
| 2019-12-31 | $555.96 Million | +3.17% |
| 2018-12-31 | $538.90 Million | -23.98% |
| 2017-12-31 | $708.93 Million | +8.43% |
| 2016-12-31 | $653.83 Million | -1.42% |
| 2015-12-31 | $663.25 Million | +2.18% |
| 2014-12-31 | $649.11 Million | -5.17% |
| 2013-12-31 | $684.48 Million | +26.83% |
| 2012-12-31 | $539.68 Million | +10.05% |
| 2011-12-31 | $490.40 Million | -11.23% |
| 2010-12-31 | $552.44 Million | +8.17% |
| 2009-12-31 | $510.70 Million | +49.02% |
| 2008-12-31 | $342.71 Million | -28.01% |
| 2007-12-31 | $476.07 Million | +22.58% |
| 2006-12-31 | $388.37 Million | -10.16% |
| 2005-12-31 | $432.31 Million | +2.84% |
| 2004-12-31 | $420.37 Million | +13.18% |
| 2003-12-31 | $371.43 Million | -0.64% |
| 2002-12-31 | $373.83 Million | +5.76% |
| 2001-12-31 | $353.47 Million | -5.16% |
| 2000-12-31 | $372.70 Million | +4.07% |
| 1999-12-31 | $358.12 Million | +4.14% |
| 1998-12-31 | $343.90 Million | +1.03% |
| 1997-12-31 | $340.40 Million | +2.84% |
| 1996-12-31 | $331.00 Million | +4.95% |
| 1995-12-31 | $315.40 Million | +6.66% |
| 1994-12-31 | $295.70 Million | -33.01% |
| 1993-12-31 | $441.40 Million | -3.41% |
| 1992-12-31 | $457.00 Million | +2.17% |
| 1991-12-31 | $447.30 Million | +8.33% |
| 1990-12-31 | $412.90 Million | +8.06% |
| 1989-12-31 | $382.10 Million | +13.96% |
| 1988-12-31 | $335.30 Million | +20.31% |
| 1987-12-31 | $278.70 Million | +11.48% |
| 1986-12-31 | $250.00 Million | +4.04% |
| 1985-12-31 | $240.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Glatfelter'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 89.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $419.81 Million | 163.44% |
| Common Stock | $544.00K | 0.21% |
| Other Comprehensive Income | $-82.51 Million | -32.12% |
| Total Equity | $256.85 Million | 100.00% |
Glatfelter Competitors by Market Cap
The table below lists competitors of Glatfelter ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asara Resources Ltd
AU:AS1
|
$59.22 Million |
|
RCF Acquisition Corp
NYSE:RCFA
|
$59.23 Million |
|
CASH CONVERTERS INTL
F:UKC
|
$59.24 Million |
|
Aldebaran Resources Inc
OTCQX:ADBRF
|
$59.25 Million |
|
KG Mobilians Co. Ltd
KQ:046440
|
$59.21 Million |
|
Arizona Metals Corp
OTCQX:AZMCF
|
$59.21 Million |
|
Aero Win Technology Corp
TW:8222
|
$59.21 Million |
|
Silitech Technology Corp
TW:3311
|
$59.21 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Glatfelter's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 318,004,000 to 256,853,999, a change of -61,150,001 (-19.2%).
- Net loss of 79,053,000 reduced equity.
- Other comprehensive income increased equity by 15,386,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-79.05 Million | -30.78% |
| Other Comprehensive Income | $15.39 Million | +5.99% |
| Other Changes | $2.52 Million | +0.98% |
| Total Change | $- | -19.23% |
Book Value vs Market Value Analysis
This analysis compares Glatfelter'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: 3.77x
- 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 4.55x to 3.77x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $4.72 | $21.50 | x |
| 1986-12-31 | $5.08 | $21.50 | x |
| 1987-12-31 | $5.75 | $21.50 | x |
| 1988-12-31 | $6.98 | $21.50 | x |
| 1989-12-31 | $8.13 | $21.50 | x |
| 1990-12-31 | $9.14 | $21.50 | x |
| 1991-12-31 | $10.02 | $21.50 | x |
| 1992-12-31 | $10.27 | $21.50 | x |
| 1993-12-31 | $9.81 | $21.50 | x |
| 1994-12-31 | $6.57 | $21.50 | x |
| 1995-12-31 | $7.14 | $21.50 | x |
| 1996-12-31 | $7.73 | $21.50 | x |
| 1997-12-31 | $8.04 | $21.50 | x |
| 1998-12-31 | $8.19 | $21.50 | x |
| 1999-12-31 | $8.46 | $21.50 | x |
| 2000-12-31 | $8.64 | $21.50 | x |
| 2001-12-31 | $8.13 | $21.50 | x |
| 2002-12-31 | $8.55 | $21.50 | x |
| 2003-12-31 | $8.51 | $21.50 | x |
| 2004-12-31 | $9.52 | $21.50 | x |
| 2005-12-31 | $9.75 | $21.50 | x |
| 2006-12-31 | $8.71 | $21.50 | x |
| 2007-12-31 | $10.48 | $21.50 | x |
| 2008-12-31 | $7.52 | $21.50 | x |
| 2009-12-31 | $11.16 | $21.50 | x |
| 2010-12-31 | $11.91 | $21.50 | x |
| 2011-12-31 | $10.71 | $21.50 | x |
| 2012-12-31 | $12.36 | $21.50 | x |
| 2013-12-31 | $15.45 | $21.50 | x |
| 2014-12-31 | $14.73 | $21.50 | x |
| 2015-12-31 | $15.09 | $21.50 | x |
| 2016-12-31 | $14.82 | $21.50 | x |
| 2017-12-31 | $15.95 | $21.50 | x |
| 2018-12-31 | $12.31 | $21.50 | x |
| 2019-12-31 | $12.60 | $21.50 | x |
| 2020-12-31 | $12.95 | $21.50 | x |
| 2021-12-31 | $12.08 | $21.50 | x |
| 2022-12-31 | $7.09 | $21.50 | x |
| 2023-12-31 | $5.70 | $21.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Glatfelter 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): -30.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.71%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 6.09x
- Recent ROE (-30.78%) is below the historical average (5.93%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 16.52% | 14.33% | 0.86x | 1.34x | $15.67 Million |
| 1986 | 16.60% | 14.57% | 0.82x | 1.39x | $16.50 Million |
| 1987 | 19.73% | 12.98% | 0.69x | 2.21x | $27.13 Million |
| 1988 | 24.52% | 14.44% | 0.86x | 1.98x | $48.67 Million |
| 1989 | 24.31% | 15.51% | 1.09x | 1.44x | $54.69 Million |
| 1990 | 21.39% | 14.12% | 1.04x | 1.45x | $47.01 Million |
| 1991 | 16.99% | 13.38% | 0.90x | 1.41x | $31.27 Million |
| 1992 | 12.36% | 10.46% | 0.83x | 1.42x | $10.80 Million |
| 1993 | 3.67% | 3.42% | 0.56x | 1.91x | $-27.94 Million |
| 1994 | -40.01% | -24.73% | 0.73x | 2.20x | $-147.87 Million |
| 1995 | 20.86% | 10.55% | 0.93x | 2.13x | $34.26 Million |
| 1996 | 18.25% | 10.67% | 0.79x | 2.16x | $27.30 Million |
| 1997 | 13.31% | 7.99% | 0.60x | 2.75x | $11.26 Million |
| 1998 | 10.50% | 5.12% | 0.71x | 2.88x | $1.71 Million |
| 1999 | 11.57% | 6.09% | 0.68x | 2.80x | $5.61 Million |
| 2000 | 11.81% | 5.99% | 0.72x | 2.72x | $6.73 Million |
| 2001 | 1.97% | 1.07% | 0.68x | 2.72x | $-28.39 Million |
| 2002 | 10.06% | 6.79% | 0.58x | 2.56x | $211.70K |
| 2003 | 3.41% | 2.33% | 0.53x | 2.77x | $-24.48 Million |
| 2004 | 13.35% | 10.14% | 0.53x | 2.50x | $14.06 Million |
| 2005 | 8.93% | 6.55% | 0.56x | 2.42x | $-4.62 Million |
| 2006 | -3.15% | -1.23% | 0.81x | 3.16x | $-51.07 Million |
| 2007 | 13.33% | 5.48% | 0.90x | 2.70x | $15.87 Million |
| 2008 | 16.89% | 4.55% | 1.20x | 3.09x | $23.62 Million |
| 2009 | 24.17% | 10.31% | 1.01x | 2.33x | $72.37 Million |
| 2010 | 9.85% | 3.71% | 1.09x | 2.43x | $-810.20K |
| 2011 | 8.71% | 2.65% | 1.42x | 2.32x | $-6.35 Million |
| 2012 | 11.00% | 3.75% | 1.27x | 2.30x | $5.41 Million |
| 2013 | 9.81% | 3.89% | 1.03x | 2.45x | $-1.29 Million |
| 2014 | 10.67% | 3.83% | 1.16x | 2.41x | $4.34 Million |
| 2015 | 9.74% | 3.87% | 1.11x | 2.27x | $-1.75 Million |
| 2016 | 3.30% | 1.34% | 1.06x | 2.33x | $-43.83 Million |
| 2017 | 1.12% | 0.50% | 0.92x | 2.44x | $-62.98 Million |
| 2018 | -32.96% | -20.50% | 0.65x | 2.49x | $-231.49 Million |
| 2019 | -4.53% | -2.72% | 0.72x | 2.31x | $-80.81 Million |
| 2020 | 3.69% | 2.32% | 0.71x | 2.23x | $-36.50 Million |
| 2021 | 1.28% | 0.64% | 0.58x | 3.46x | $-47.34 Million |
| 2022 | -61.04% | -13.02% | 0.91x | 5.18x | $-225.92 Million |
| 2023 | -30.78% | -5.71% | 0.89x | 6.09x | $-104.74 Million |
Industry Comparison
This section compares Glatfelter's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $20,333,833,257
- Average return on equity (ROE) among peers: 3.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Glatfelter (GLT) | $206.70 Million | 16.52% | 6.36x | $59.22 Million |
| BillerudKorsnäs AB (publ) (BLRDF) | $28.98 Billion | 6.03% | 0.73x | $2.08 Billion |
| Canfor Pulp Products Inc (CFPUF) | $427.40 Million | -18.51% | 0.77x | $14.25 Million |
| Clearwater Paper Corporation (CLW) | $854.40 Million | -12.98% | 0.97x | $207.12 Million |
| Holmen AB (publ) (HLMMF) | $56.92 Billion | 6.49% | 0.40x | $3.34 Billion |
| IT Tech Packaging Inc (ITP) | $156.05 Million | -6.31% | 0.14x | $3.10 Million |
| JPPPF (JPPPF) | $89.87 Billion | 4.06% | 2.58x | $339.45 Million |
| Klabin Sa A (KLBAY) | $2.17 Billion | 21.02% | 1.02x | $7.37 Billion |
| Mercer International Inc (MERC) | $288.77 Million | 28.89% | 4.95x | $79.08 Million |
| Mondi plc (MNODF) | $3.34 Billion | 6.98% | 1.06x | $5.78 Billion |