Espey Mfg & Electronics Corp
Espey Mfg. & Electronics Corp. manufactures and sells electronic equipment primarily for military and industrial applications in the United States and internationally. Its principal products include power supplies, power converters, filters, power transformers, magnetic components, power distribution equipment, UPS systems, and antennas for use in AC and DC locomotives, shipboard power and radar,… Read more
Espey Mfg & Electronics Corp (ESP) - Net Assets
Latest net assets as of September 2025: $50.98 Million USD
Based on the latest financial reports, Espey Mfg & Electronics Corp (ESP) has net assets worth $50.98 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 ($84.85 Million) and total liabilities ($33.87 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 | $50.98 Million |
| % of Total Assets | 60.08% |
| Annual Growth Rate | 2.73% |
| 5-Year Change | 67.64% |
| 10-Year Change | 57.0% |
| Growth Volatility | 6.17 |
Espey Mfg & Electronics Corp - Net Assets Trend (1986–2025)
This chart illustrates how Espey Mfg & Electronics 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 Espey Mfg & Electronics Corp (1986–2025)
The table below shows the annual net assets of Espey Mfg & Electronics Corp from 1986 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $50.85 Million | +23.20% |
| 2024-06-30 | $41.27 Million | +15.03% |
| 2023-06-30 | $35.88 Million | +11.78% |
| 2022-06-30 | $32.10 Million | +5.83% |
| 2021-06-30 | $30.33 Million | -2.86% |
| 2020-06-30 | $31.23 Million | -2.19% |
| 2019-06-30 | $31.93 Million | -4.65% |
| 2018-06-30 | $33.48 Million | +4.97% |
| 2017-06-30 | $31.90 Million | -1.52% |
| 2016-06-30 | $32.39 Million | +4.71% |
| 2015-06-30 | $30.93 Million | +4.33% |
| 2014-06-30 | $29.65 Million | -6.90% |
| 2013-06-30 | $31.84 Million | +7.69% |
| 2012-06-30 | $29.57 Million | +3.15% |
| 2011-06-30 | $28.67 Million | +0.77% |
| 2010-06-30 | $28.45 Million | +0.15% |
| 2009-06-30 | $28.40 Million | -6.37% |
| 2008-06-30 | $30.34 Million | -2.32% |
| 2007-06-30 | $31.06 Million | +7.19% |
| 2006-06-30 | $28.97 Million | +3.26% |
| 2005-06-30 | $28.06 Million | +0.77% |
| 2004-06-30 | $27.84 Million | -0.40% |
| 2003-06-30 | $27.95 Million | +3.32% |
| 2002-06-30 | $27.05 Million | +3.40% |
| 2001-06-30 | $26.17 Million | +5.55% |
| 2000-06-30 | $24.79 Million | +2.86% |
| 1999-06-30 | $24.10 Million | +1.69% |
| 1998-06-30 | $23.70 Million | -3.66% |
| 1997-06-30 | $24.60 Million | +1.23% |
| 1996-06-30 | $24.30 Million | -12.59% |
| 1995-06-30 | $27.80 Million | +0.72% |
| 1994-06-30 | $27.60 Million | +4.15% |
| 1993-06-30 | $26.50 Million | +3.11% |
| 1992-06-30 | $25.70 Million | +5.76% |
| 1991-06-30 | $24.30 Million | +7.52% |
| 1990-06-30 | $22.60 Million | +9.18% |
| 1989-06-30 | $20.70 Million | +8.95% |
| 1988-06-30 | $19.00 Million | +1.60% |
| 1987-06-30 | $18.70 Million | +5.06% |
| 1986-06-30 | $17.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Espey Mfg & Electronics 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 110.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $31.55 Million | 62.05% |
| Common Stock | $1.04 Million | 2.05% |
| Other Comprehensive Income | $11.60K | 0.02% |
| Other Components | $18.24 Million | 35.88% |
| Total Equity | $50.85 Million | 100.00% |
Espey Mfg & Electronics Corp Competitors by Market Cap
The table below lists competitors of Espey Mfg & Electronics Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cardiff Oncology Inc
NASDAQ:CRDF
|
$124.08 Million |
|
Brand Engagement Network Inc
NASDAQ:BNAI
|
$124.09 Million |
|
MC Group Public Company Limited
BK:MC
|
$124.10 Million |
|
SALMON EVOLUTION NK -05
F:60E
|
$124.12 Million |
|
Yunnan Yuntou Ecology and Environment Technology Co Ltd
SHE:002200
|
$123.96 Million |
|
Monex S.A.B. de C.V
MX:MONEXB
|
$123.89 Million |
|
PARADIGM REAL ESTATE INVESTMENT TRUST
KLSE:5338
|
$123.88 Million |
|
Westrock Coffee Company
NASDAQ:WEST
|
$123.83 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Espey Mfg & Electronics Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 41,273,972 to 50,849,000, a change of 9,575,028 (23.2%).
- Net income of 8,142,954 contributed positively to equity growth.
- Dividend payments of 2,597,354 reduced retained earnings.
- Share repurchases of 3,055,620 reduced equity.
- Other comprehensive income increased equity by 5,052.
- Other factors increased equity by 7,079,996.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $8.14 Million | +16.01% |
| Dividends Paid | $2.60 Million | -5.11% |
| Share Repurchases | $3.06 Million | -6.01% |
| Other Comprehensive Income | $5.05K | +0.01% |
| Other Changes | $7.08 Million | +13.92% |
| Total Change | $- | 23.20% |
Book Value vs Market Value Analysis
This analysis compares Espey Mfg & Electronics 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: 2.94x
- 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 7.46x to 2.94x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1986-06-30 | $7.43 | $55.49 | x |
| 1987-06-30 | $7.55 | $55.49 | x |
| 1988-06-30 | $8.08 | $55.49 | x |
| 1989-06-30 | $8.94 | $55.49 | x |
| 1990-06-30 | $7.78 | $55.49 | x |
| 1991-06-30 | $8.75 | $55.49 | x |
| 1992-06-30 | $9.13 | $55.49 | x |
| 1993-06-30 | $9.77 | $55.49 | x |
| 1994-06-30 | $10.62 | $55.49 | x |
| 1995-06-30 | $9.73 | $55.49 | x |
| 1996-06-30 | $9.11 | $55.49 | x |
| 1997-06-30 | $10.46 | $55.49 | x |
| 1998-06-30 | $10.66 | $55.49 | x |
| 1999-06-30 | $10.95 | $55.49 | x |
| 2000-06-30 | $11.85 | $55.49 | x |
| 2001-06-30 | $12.65 | $55.49 | x |
| 2002-06-30 | $13.07 | $55.49 | x |
| 2003-06-30 | $13.60 | $55.49 | x |
| 2004-06-30 | $13.62 | $55.49 | x |
| 2005-06-30 | $13.79 | $55.49 | x |
| 2006-06-30 | $14.14 | $55.49 | x |
| 2007-06-30 | $14.95 | $55.49 | x |
| 2008-06-30 | $14.42 | $55.49 | x |
| 2009-06-30 | $13.44 | $55.49 | x |
| 2010-06-30 | $13.31 | $55.49 | x |
| 2011-06-30 | $13.17 | $55.49 | x |
| 2012-06-30 | $13.42 | $55.49 | x |
| 2013-06-30 | $14.20 | $55.49 | x |
| 2014-06-30 | $12.97 | $55.49 | x |
| 2015-06-30 | $13.50 | $55.49 | x |
| 2016-06-30 | $14.07 | $55.49 | x |
| 2017-06-30 | $13.72 | $55.49 | x |
| 2018-06-30 | $14.26 | $55.49 | x |
| 2019-06-30 | $13.36 | $55.49 | x |
| 2020-06-30 | $13.03 | $55.49 | x |
| 2021-06-30 | $12.61 | $55.49 | x |
| 2022-06-30 | $13.20 | $55.49 | x |
| 2023-06-30 | $14.52 | $55.49 | x |
| 2024-06-30 | $16.27 | $55.49 | x |
| 2025-06-30 | $18.86 | $55.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Espey Mfg & Electronics 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): 16.01%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.53%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.56x
- Recent ROE (16.01%) is above the historical average (7.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1986 | 9.55% | 12.32% | 0.72x | 1.08x | $-80.00K |
| 1987 | 7.49% | 10.61% | 0.65x | 1.09x | $-470.00K |
| 1988 | 10.53% | 15.27% | 0.64x | 1.08x | $100.00K |
| 1989 | 10.63% | 15.49% | 0.63x | 1.09x | $130.00K |
| 1990 | 11.50% | 17.33% | 0.61x | 1.09x | $340.00K |
| 1991 | 10.29% | 16.13% | 0.59x | 1.09x | $70.00K |
| 1992 | 7.39% | 11.88% | 0.59x | 1.05x | $-670.00K |
| 1993 | 6.04% | 10.53% | 0.55x | 1.04x | $-1.05 Million |
| 1994 | 4.71% | 8.84% | 0.52x | 1.03x | $-1.46 Million |
| 1995 | 1.80% | 3.42% | 0.51x | 1.04x | $-2.28 Million |
| 1996 | 2.06% | 2.98% | 0.67x | 1.03x | $-1.93 Million |
| 1997 | 2.44% | 3.95% | 0.60x | 1.02x | $-1.86 Million |
| 1998 | -2.95% | -6.48% | 0.44x | 1.04x | $-3.07 Million |
| 1999 | 2.90% | 5.15% | 0.54x | 1.05x | $-1.71 Million |
| 2000 | 3.16% | 5.32% | 0.56x | 1.05x | $-1.70 Million |
| 2001 | 3.95% | 5.99% | 0.63x | 1.04x | $-1.58 Million |
| 2002 | 2.02% | 2.97% | 0.65x | 1.05x | $-2.16 Million |
| 2003 | 3.45% | 4.88% | 0.66x | 1.07x | $-1.83 Million |
| 2004 | 3.45% | 4.27% | 0.77x | 1.05x | $-1.82 Million |
| 2005 | 3.49% | 5.20% | 0.63x | 1.06x | $-1.83 Million |
| 2006 | 5.38% | 7.47% | 0.67x | 1.08x | $-1.34 Million |
| 2007 | 8.19% | 9.20% | 0.83x | 1.07x | $-561.00K |
| 2008 | 11.28% | 13.31% | 0.81x | 1.05x | $388.10K |
| 2009 | 9.62% | 10.03% | 0.89x | 1.08x | $-107.17K |
| 2010 | 12.53% | 12.34% | 0.93x | 1.10x | $720.29K |
| 2011 | 13.46% | 13.08% | 0.93x | 1.11x | $991.04K |
| 2012 | 14.85% | 13.70% | 0.98x | 1.11x | $1.43 Million |
| 2013 | 17.47% | 16.22% | 0.97x | 1.12x | $2.38 Million |
| 2014 | 3.94% | 4.30% | 0.84x | 1.09x | $-1.80 Million |
| 2015 | 10.29% | 11.86% | 0.78x | 1.11x | $90.04K |
| 2016 | 9.81% | 11.56% | 0.80x | 1.06x | $-63.02K |
| 2017 | 3.56% | 5.04% | 0.63x | 1.11x | $-2.05 Million |
| 2018 | 9.19% | 9.46% | 0.89x | 1.10x | $-272.34K |
| 2019 | 7.34% | 6.42% | 1.02x | 1.12x | $-849.86K |
| 2020 | 3.73% | 3.69% | 0.83x | 1.22x | $-1.96 Million |
| 2021 | -0.60% | -0.65% | 0.73x | 1.25x | $-3.21 Million |
| 2022 | 3.94% | 3.94% | 0.80x | 1.24x | $-1.94 Million |
| 2023 | 10.25% | 10.33% | 0.75x | 1.32x | $89.16K |
| 2024 | 14.09% | 15.01% | 0.69x | 1.37x | $1.69 Million |
| 2025 | 16.01% | 18.53% | 0.56x | 1.56x | $3.06 Million |
Industry Comparison
This section compares Espey Mfg & Electronics Corp's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $402,494,093
- Average return on equity (ROE) among peers: -73.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Espey Mfg & Electronics Corp (ESP) | $50.98 Million | 9.55% | 0.66x | $123.99 Million |
| ABB Ltd (ABBNY) | $3.12 Billion | -1.12% | 6.91x | $85.22 Billion |
| Advent Technologies Holdings Inc (ADN) | $214.11 Million | -0.26% | 0.04x | $1.02 Million |
| Ads Tec Energy PLC (ADSE) | $1.69 Million | -712.54% | 36.25x | $196.30 Million |
| Advanced Energy Industries Inc (AEIS) | $262.87 Million | -60.29% | 0.79x | $11.51 Billion |
| AFC Energy plc (AFGYF) | $8.93 Million | -46.32% | 0.11x | $91.15 Million |
| Alfen N.V (ALFNF) | $5.08 Million | 22.32% | 3.51x | $265.32 Million |
| Amprius Technologies Inc. (AMPX) | $59.80 Million | -61.50% | 0.80x | $1.30 Billion |
| Asia Pacific Wire & Cable Corp Ltd (APWC) | $222.83 Million | 3.91% | 0.50x | $18.10 Million |
| Astro Communications Inc (ASTO) | $6.57 Million | 7.33% | 0.16x | $19.95K |
| Atkore International Group Inc (ATKR) | $122.06 Million | 111.95% | 9.85x | $1.72 Billion |