Envela Corp
Envela Corporation, together with its subsidiaries, provides recycling and recommerce services in the United States. The company operates in two segments, Consumer and Commercial. It is involved in the online and brick-and-mortar sale of authenticated high-end luxury goods, including pre-owned and repurposed fine jewelry, diamonds, gemstones, luxury watches, and secondary market bullion. The comp… Read more
Envela Corp (ELA) - Net Assets
Latest net assets as of September 2025: $61.07 Million USD
Based on the latest financial reports, Envela Corp (ELA) has net assets worth $61.07 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 ($90.94 Million) and total liabilities ($29.87 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 | $61.07 Million |
| % of Total Assets | 67.15% |
| Annual Growth Rate | 12.33% |
| 5-Year Change | 199.53% |
| 10-Year Change | 1260.02% |
| Growth Volatility | 42.32 |
Envela Corp - Net Assets Trend (1989–2024)
This chart illustrates how Envela 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 Envela Corp (1989–2024)
The table below shows the annual net assets of Envela Corp from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $52.65 Million | +8.99% |
| 2023-12-31 | $48.31 Million | +11.53% |
| 2022-12-31 | $43.32 Million | +56.79% |
| 2021-12-31 | $27.63 Million | +57.17% |
| 2020-12-31 | $17.58 Million | +57.03% |
| 2019-12-31 | $11.19 Million | +33.05% |
| 2018-12-31 | $8.41 Million | +8.48% |
| 2017-12-31 | $7.76 Million | +31.31% |
| 2016-12-31 | $5.91 Million | +52.56% |
| 2015-12-31 | $3.87 Million | -36.40% |
| 2014-12-31 | $6.09 Million | -41.61% |
| 2013-12-31 | $10.42 Million | -20.32% |
| 2012-12-31 | $13.08 Million | -14.44% |
| 2011-12-31 | $15.29 Million | -17.30% |
| 2010-12-31 | $18.49 Million | +48.65% |
| 2009-12-31 | $12.44 Million | -1.25% |
| 2008-12-31 | $12.60 Million | -37.88% |
| 2007-12-31 | $20.28 Million | +203.68% |
| 2006-12-31 | $6.68 Million | +9.99% |
| 2005-12-31 | $6.07 Million | +8.60% |
| 2004-12-31 | $5.59 Million | +4.26% |
| 2003-12-31 | $5.36 Million | +12.86% |
| 2002-12-31 | $4.75 Million | +6.31% |
| 2001-12-31 | $4.47 Million | -10.46% |
| 2000-12-31 | $4.99 Million | +31.36% |
| 1999-12-31 | $3.80 Million | +31.03% |
| 1998-12-31 | $2.90 Million | -3.33% |
| 1997-12-31 | $3.00 Million | +42.86% |
| 1996-12-31 | $2.10 Million | +16.67% |
| 1995-12-31 | $1.80 Million | 0.00% |
| 1994-12-31 | $1.80 Million | +12.50% |
| 1993-12-31 | $1.60 Million | +45.45% |
| 1992-12-31 | $1.10 Million | -21.43% |
| 1991-12-31 | $1.40 Million | 0.00% |
| 1990-12-31 | $1.40 Million | +55.56% |
| 1989-12-31 | $900.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Envela 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 grown by 2017871500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $16.78 Million | 31.87% |
| Common Stock | $269.25K | 0.51% |
| Other Components | $35.60 Million | 67.62% |
| Total Equity | $52.65 Million | 100.00% |
Envela Corp Competitors by Market Cap
The table below lists competitors of Envela Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tatva Chintan Pharma Chem Limited
NSE:TATVA
|
$81.27 Million |
|
Everybot Inc.
KQ:270660
|
$81.28 Million |
|
Keding Enterprises Co Ltd
TW:6655
|
$81.30 Million |
|
Unggul Indah Cahaya Tbk
JK:UNIC
|
$81.35 Million |
|
Pelican Acquisition Corporation Ordinary Shares
NASDAQ:PELI
|
$81.24 Million |
|
Indo Borax & Chemicals Limited
NSE:INDOBORAX
|
$81.23 Million |
|
DMS Co.Ltd
KQ:068790
|
$81.21 Million |
|
MedPacto Inc
KQ:235980
|
$81.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Envela Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,308,853 to 52,652,138, a change of 4,343,285 (9.0%).
- Net income of 6,757,059 contributed positively to equity growth.
- Share repurchases of 2,413,774 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.76 Million | +12.83% |
| Share Repurchases | $2.41 Million | -4.58% |
| Total Change | $- | 8.99% |
Book Value vs Market Value Analysis
This analysis compares Envela 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: 6.03x
- 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 57.71x to 6.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $0.21 | $12.12 | x |
| 1990-12-31 | $0.28 | $12.12 | x |
| 1991-12-31 | $0.25 | $12.12 | x |
| 1992-12-31 | $0.16 | $12.12 | x |
| 1993-12-31 | $0.32 | $12.12 | x |
| 1994-12-31 | $0.36 | $12.12 | x |
| 1995-12-31 | $0.30 | $12.12 | x |
| 1996-12-31 | $0.36 | $12.12 | x |
| 1997-12-31 | $0.63 | $12.12 | x |
| 1998-12-31 | $0.65 | $12.12 | x |
| 1999-12-31 | $0.76 | $12.12 | x |
| 2000-12-31 | $0.99 | $12.12 | x |
| 2001-12-31 | $0.91 | $12.12 | x |
| 2002-12-31 | $0.97 | $12.12 | x |
| 2003-12-31 | $1.09 | $12.12 | x |
| 2004-12-31 | $1.09 | $12.12 | x |
| 2005-12-31 | $1.21 | $12.12 | x |
| 2006-12-31 | $1.33 | $12.12 | x |
| 2007-12-31 | $2.45 | $12.12 | x |
| 2008-12-31 | $1.30 | $12.12 | x |
| 2009-12-31 | $1.26 | $12.12 | x |
| 2010-12-31 | $1.65 | $12.12 | x |
| 2011-12-31 | $1.37 | $12.12 | x |
| 2012-12-31 | $1.07 | $12.12 | x |
| 2013-12-31 | $0.86 | $12.12 | x |
| 2014-12-31 | $0.50 | $12.12 | x |
| 2015-12-31 | $0.32 | $12.12 | x |
| 2016-12-31 | $0.45 | $12.12 | x |
| 2017-12-31 | $0.28 | $12.12 | x |
| 2018-12-31 | $0.31 | $12.12 | x |
| 2019-12-31 | $0.42 | $12.12 | x |
| 2020-12-31 | $0.65 | $12.12 | x |
| 2021-12-31 | $1.03 | $12.12 | x |
| 2022-12-31 | $1.61 | $12.12 | x |
| 2023-12-31 | $1.80 | $12.12 | x |
| 2024-12-31 | $2.01 | $12.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Envela 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): 12.83%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.75%
- • Asset Turnover: 2.32x
- • Equity Multiplier: 1.48x
- Recent ROE (12.83%) is above the historical average (0.10%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -66.67% | -2.32% | 7.00x | 4.11x | $-690.00K |
| 1990 | -7.14% | -0.22% | 13.00x | 2.50x | $-240.00K |
| 1992 | -18.18% | -1.77% | 5.14x | 2.00x | $-310.00K |
| 1993 | 12.50% | 1.35% | 4.77x | 1.94x | $40.00K |
| 1994 | 11.11% | 1.52% | 3.67x | 2.00x | $20.00K |
| 1996 | 66.67% | 10.14% | 2.60x | 2.52x | $1.19 Million |
| 1997 | 36.67% | 8.53% | 1.90x | 2.27x | $800.00K |
| 1998 | 13.79% | 2.53% | 2.32x | 2.34x | $110.00K |
| 1999 | 7.89% | 1.38% | 1.74x | 3.29x | $-80.00K |
| 2000 | 5.04% | 1.01% | 1.86x | 2.69x | $-247.48K |
| 2001 | -7.26% | -1.54% | 1.85x | 2.55x | $-771.51K |
| 2002 | 9.04% | 1.95% | 2.09x | 2.22x | $-45.84K |
| 2003 | -9.77% | -2.00% | 2.37x | 2.06x | $-1.06 Million |
| 2004 | 6.28% | 1.22% | 2.79x | 1.84x | $-208.23K |
| 2005 | 7.99% | 1.36% | 3.01x | 1.95x | $-121.92K |
| 2006 | 9.15% | 1.39% | 3.35x | 1.97x | $-56.49K |
| 2007 | 4.32% | 1.39% | 1.71x | 1.82x | $-1.15 Million |
| 2008 | -62.33% | -7.46% | 3.36x | 2.49x | $-9.11 Million |
| 2009 | -2.52% | -0.37% | 2.70x | 2.54x | $-1.56 Million |
| 2010 | 30.63% | 6.86% | 2.73x | 1.64x | $3.81 Million |
| 2011 | 6.63% | 0.68% | 5.41x | 1.81x | $-515.61K |
| 2012 | -17.66% | -1.81% | 4.90x | 2.00x | $-3.62 Million |
| 2013 | -25.51% | -2.45% | 4.36x | 2.39x | $-3.70 Million |
| 2014 | -74.32% | -6.39% | 3.74x | 3.11x | $-5.13 Million |
| 2015 | -58.18% | -3.70% | 3.77x | 4.17x | $-2.64 Million |
| 2016 | -67.82% | -8.29% | 3.74x | 2.19x | $-4.60 Million |
| 2017 | 23.71% | 2.97% | 4.66x | 1.72x | $1.06 Million |
| 2018 | 7.82% | 1.22% | 4.15x | 1.55x | $-183.66K |
| 2019 | 24.84% | 3.39% | 3.04x | 2.41x | $1.66 Million |
| 2020 | 36.32% | 5.60% | 2.81x | 2.31x | $4.63 Million |
| 2021 | 36.37% | 7.13% | 2.38x | 2.15x | $7.29 Million |
| 2022 | 36.22% | 8.59% | 2.56x | 1.65x | $11.36 Million |
| 2023 | 14.80% | 4.08% | 2.39x | 1.52x | $2.32 Million |
| 2024 | 12.83% | 3.75% | 2.32x | 1.48x | $1.49 Million |
Industry Comparison
This section compares Envela Corp's net assets metrics with peer companies in the Luxury Goods industry.
Industry Context
- Industry: Luxury Goods
- Average net assets among peers: $6,179,489,313
- Average return on equity (ROE) among peers: 7.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Envela Corp (ELA) | $61.07 Million | -66.67% | 0.49x | $81.26 Million |
| Atlas Pearls Ltd (APCFF) | $55.52 Million | 56.69% | 0.26x | $15.35 Million |
| Burberry Group plc (BBRYF) | $472.30 Million | 23.69% | 0.45x | $3.26 Billion |
| Brunello Cucinelli S.p.A (BCUCF) | $261.10 Million | -12.72% | 3.14x | $4.04 Billion |
| Birks Group Inc (BGI) | $5.86 Million | -32.32% | 30.25x | $1.97 Million |
| Bergio Intl Inc (BRGO) | $-265.41K | 0.00% | 0.00x | $289.83K |
| Brilliant Earth Group Inc (BRLT) | $97.46 Million | 0.60% | 1.81x | $18.90 Million |
| Citychamp Watch & Jewellery Group Limited (CEBTF) | $3.96 Billion | 6.84% | 0.33x | $102.24 Million |
| Compagnie Financière Richemont SA (CFRHF) | $19.86 Billion | 10.44% | 1.01x | $86.13 Billion |
| Christian Dior SE (CHDRF) | $3.72 Billion | 1.26% | 4.75x | $1.89 Billion |
| Chow Tai Fook Jewellery Group (CJEWY) | $33.36 Billion | 16.14% | 1.62x | $18.30 Billion |