Eagle Capital Growth Fund Inc
Eagle Capital Growth Fund, Inc. is a closed-end equity mutual fund launched and managed by Sims Capital Management LLC. The fund invests in the public equity markets of the United States. It makes its investments in the stocks of companies operating across diversified sectors. The fund benchmarks the performance of its portfolio against the S&P 500 Index. It was previously known as NAIC Growth Fu… Read more
Eagle Capital Growth Fund Inc (GRF) - Net Assets
Latest net assets as of June 2025: $47.73 Million USD
Based on the latest financial reports, Eagle Capital Growth Fund Inc (GRF) has net assets worth $47.73 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($47.80 Million) and total liabilities ($69.91K). 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 | $47.73 Million |
| % of Total Assets | 99.85% |
| Annual Growth Rate | 3.05% |
| 5-Year Change | 17.86% |
| 10-Year Change | 64.75% |
| Growth Volatility | 13.92 |
Eagle Capital Growth Fund Inc - Net Assets Trend (2006–2024)
This chart illustrates how Eagle Capital Growth Fund Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Eagle Capital Growth Fund Inc (2006–2024)
The table below shows the annual net assets of Eagle Capital Growth Fund Inc from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $45.78 Million | +6.62% |
| 2023-12-31 | $42.94 Million | +8.12% |
| 2022-12-31 | $39.71 Million | -7.71% |
| 2021-12-31 | $43.03 Million | +10.78% |
| 2020-12-31 | $38.84 Million | +3.36% |
| 2019-12-31 | $37.58 Million | +18.50% |
| 2018-12-31 | $31.71 Million | -6.91% |
| 2017-12-31 | $34.06 Million | +14.92% |
| 2016-12-31 | $29.64 Million | +6.67% |
| 2015-12-31 | $27.79 Million | -1.16% |
| 2014-12-31 | $28.11 Million | +3.50% |
| 2013-12-31 | $27.16 Million | +14.15% |
| 2012-12-31 | $23.80 Million | +6.98% |
| 2011-12-31 | $22.24 Million | -4.26% |
| 2010-12-31 | $23.23 Million | +36.24% |
| 2008-12-31 | $17.05 Million | -31.77% |
| 2007-12-31 | $24.99 Million | -6.26% |
| 2006-12-31 | $26.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Eagle Capital Growth Fund Inc'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 87.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $22.22 Million | 48.54% |
| Common Stock | $23.56 Million | 51.46% |
| Total Equity | $45.78 Million | 100.00% |
Eagle Capital Growth Fund Inc Competitors by Market Cap
The table below lists competitors of Eagle Capital Growth Fund Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VRANKEN-POMM.MON.INH.EO15
F:9VP
|
$102.24K |
|
SMRE11
SA:SMRE11
|
$102.25K |
|
FEINTOOL INTL N (FTO.SG)
STU:FTO
|
$102.27K |
|
SIMS METAL MGT
BE:I8M
|
$102.28K |
|
Oxley Bridge Acquisition Limited Unit
NASDAQ:OBAWU
|
$102.20K |
|
CT REIT
F:5G4
|
$102.19K |
|
Renatus Tactical Acquisition Corp I Class A Ordinary Shares
NASDAQ:RTAC
|
$102.10K |
|
Fifth Era Acquisition Corp I Units
NASDAQ:FERAU
|
$102.10K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Eagle Capital Growth Fund Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 42,937,289 to 45,780,024, a change of 2,842,735 (6.6%).
- Net income of 5,540,862 contributed positively to equity growth.
- Other factors decreased equity by 2,698,127.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.54 Million | +12.1% |
| Other Changes | $-2.70 Million | -5.89% |
| Total Change | $- | 6.62% |
Book Value vs Market Value Analysis
This analysis compares Eagle Capital Growth Fund Inc'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: 0.91x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.34x to 0.91x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $7.81 | $10.48 | x |
| 2011-12-31 | $7.48 | $10.48 | x |
| 2012-12-31 | $7.55 | $10.48 | x |
| 2013-12-31 | $8.70 | $10.48 | x |
| 2014-12-31 | $9.08 | $10.48 | x |
| 2015-12-31 | $8.91 | $10.48 | x |
| 2016-12-31 | $9.06 | $10.48 | x |
| 2017-12-31 | $9.51 | $10.48 | x |
| 2018-12-31 | $8.38 | $10.48 | x |
| 2019-12-31 | $9.64 | $10.48 | x |
| 2020-12-31 | $9.53 | $10.48 | x |
| 2021-12-31 | $10.78 | $10.48 | x |
| 2022-12-31 | $10.01 | $10.48 | x |
| 2023-12-31 | $10.82 | $10.48 | x |
| 2024-12-31 | $11.54 | $10.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Eagle Capital Growth Fund Inc 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): 12.10%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 163.19%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 1.00x
- Recent ROE (12.10%) is above the historical average (6.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 12.06% | 86.33% | 0.13x | 1.07x | $547.93K |
| 2007 | -2.12% | -18.45% | 0.11x | 1.00x | $-3.03 Million |
| 2008 | -41.41% | -497.45% | 0.08x | 1.00x | $-8.77 Million |
| 2010 | 13.17% | 94.87% | 0.14x | 1.00x | $737.54K |
| 2011 | 4.82% | 86.69% | 0.06x | 1.00x | $-1.15 Million |
| 2012 | 11.25% | 94.32% | 0.12x | 1.04x | $298.53K |
| 2013 | 24.13% | 97.51% | 0.25x | 1.00x | $3.84 Million |
| 2014 | 7.49% | 92.23% | 0.08x | 1.00x | $-705.32K |
| 2015 | 0.90% | 56.97% | 0.02x | 1.00x | $-2.53 Million |
| 2016 | 11.04% | 94.49% | 0.12x | 1.00x | $307.14K |
| 2017 | 15.14% | 96.39% | 0.16x | 1.00x | $1.75 Million |
| 2018 | -5.01% | 0.00% | -0.04x | 1.00x | $-4.76 Million |
| 2019 | 17.64% | 97.19% | 0.18x | 1.00x | $2.87 Million |
| 2020 | 9.15% | 94.88% | 0.10x | 1.00x | $-331.70K |
| 2021 | 20.49% | 97.62% | 0.21x | 1.00x | $4.51 Million |
| 2022 | -4.55% | 0.00% | -0.04x | 1.00x | $-5.78 Million |
| 2023 | 10.74% | 250.18% | 0.04x | 1.00x | $318.71K |
| 2024 | 12.10% | 163.19% | 0.07x | 1.00x | $962.86K |
Industry Comparison
This section compares Eagle Capital Growth Fund Inc's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Eagle Capital Growth Fund Inc (GRF) | $47.73 Million | 12.06% | 0.00x | $102.22K |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |