Markforged Holding Corp
Markforged Holding Corporation produces and sells 3D printers, materials, software, and other related services worldwide. The company offers desktop 3D printers, industrial 3D printers, and metal 3D printers; composite, continuous fiber, and metal materials; and advanced 3D printing software products. It serves aerospace, military and defense, food and beverage, industrial automation, space explo… Read more
Markforged Holding Corp (MKFG) - Net Assets
Latest net assets as of December 2024: $86.50 Million USD
Based on the latest financial reports, Markforged Holding Corp (MKFG) has net assets worth $86.50 Million USD as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($168.92 Million) and total liabilities ($82.41 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 | $86.50 Million |
| % of Total Assets | 51.21% |
| Annual Growth Rate | 1.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 75.39 |
Markforged Holding Corp - Net Assets Trend (2019–2024)
This chart illustrates how Markforged Holding Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Markforged Holding Corp (2019–2024)
The table below shows the annual net assets of Markforged Holding Corp from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $86.50 Million | -46.47% |
| 2023-12-31 | $161.61 Million | -36.00% |
| 2022-12-31 | $252.50 Million | +3.41% |
| 2021-12-31 | $244.17 Million | +423.52% |
| 2020-12-31 | $-75.47 Million | -195.08% |
| 2019-12-31 | $79.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Markforged Holding Corp'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 22865100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $21.00K | 0.02% |
| Other Comprehensive Income | $-1.72 Million | -1.99% |
| Other Components | $378.43 Million | 437.48% |
| Total Equity | $86.50 Million | 100.00% |
Markforged Holding Corp Competitors by Market Cap
The table below lists competitors of Markforged Holding Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huisen Shares Group Limited
PINK:HHIGF
|
$54.06 Million |
|
Hispanotels Inversiones SOCIMI SA
MC:YHSP
|
$54.06 Million |
|
Xtra-Gold Resources Corp
OTCQB:XTGRF
|
$54.08 Million |
|
EMS Limited
NSE:EMSLIMITED
|
$54.09 Million |
|
DeviceENG.CO.Ltd
KQ:187870
|
$54.06 Million |
|
Agrometal S.A.I.
BA:AGRO
|
$54.06 Million |
|
Daehan Steel
KO:084010
|
$54.04 Million |
|
Spruce Power Holding Corp
NYSE:SPRU
|
$54.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Markforged Holding Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 161,610,000 to 86,503,000, a change of -75,107,000 (-46.5%).
- Net loss of 85,566,000 reduced equity.
- Other comprehensive income decreased equity by 1,693,000.
- Other factors increased equity by 12,152,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-85.57 Million | -98.92% |
| Other Comprehensive Income | $-1.69 Million | -1.96% |
| Other Changes | $12.15 Million | +14.05% |
| Total Change | $- | -46.47% |
Book Value vs Market Value Analysis
This analysis compares Markforged Holding Corp'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: 11.10x
- 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 increased from 2.40x to 11.10x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $1.98 | $4.74 | x |
| 2020-12-31 | $-2.81 | $4.74 | x |
| 2021-12-31 | $1.28 | $4.74 | x |
| 2022-12-31 | $1.33 | $4.74 | x |
| 2023-12-31 | $8.21 | $4.74 | x |
| 2024-12-31 | $0.43 | $4.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Markforged Holding Corp 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): -98.92%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -100.56%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.95x
- Recent ROE (-98.92%) is below the historical average (-35.40%), 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 | -40.93% | -43.12% | 0.78x | 1.22x | $-38.93 Million |
| 2020 | 0.00% | -25.03% | 0.80x | 0.00x | $-10.44 Million |
| 2021 | 1.58% | 4.23% | 0.27x | 1.38x | $-20.56 Million |
| 2022 | -10.05% | -25.15% | 0.29x | 1.37x | $-50.64 Million |
| 2023 | -64.08% | -110.43% | 0.38x | 1.53x | $-119.73 Million |
| 2024 | -98.92% | -100.56% | 0.50x | 1.95x | $-94.22 Million |
Industry Comparison
This section compares Markforged Holding Corp's net assets metrics with peer companies in the Computer Hardware industry.
Industry Context
- Industry: Computer Hardware
- Average net assets among peers: $102,165,222,837
- Average return on equity (ROE) among peers: -82.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Markforged Holding Corp (MKFG) | $86.50 Million | -40.93% | 0.95x | $54.06 Million |
| Acer Incorporated (ACEYY) | $75.03 Billion | -3.88% | 2.02x | $3.26 Billion |
| AGM Group Holdings Inc Class A (AGMH) | $4.25 Million | 55.33% | 1.47x | $2.33 Million |
| AstroNova Inc (ALOT) | $33.90 Million | 8.85% | 0.18x | $49.05 Million |
| Arista Networks (ANET) | $788.15 Million | 15.37% | 0.47x | $138.43 Billion |
| Bgin Blockchain Limited Class A Ordinary Shares (BGIN) | $148.92 Million | 93.81% | 0.29x | $27.14K |
| Braiin Limited Common Stock (BRAI) | $-2.83 Million | 0.00% | 0.00x | $46.37 Million |
| BTC Digital Ltd. (BTCT) | $36.58 Million | -1050.71% | 23.21x | $9.90 Million |
| Canon Inc. (CAJPY) | $945.07 Billion | 3.28% | 1.35x | $24.42 Billion |
| Canaan Inc (CAN) | $543.31 Million | 56.77% | 0.63x | $346.91 Million |
| CCUR Holdings Inc (CCUR) | $-1.50 Million | 0.00% | 0.00x | $6.74 Million |