Mastech Holdings Inc (MHH) - Net Assets
Based on the latest financial reports, Mastech Holdings Inc (MHH) has net assets worth $88.01 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 ($112.62 Million) and total liabilities ($24.61 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. Explore Mastech Holdings Inc (MHH) cash flow conversion to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $88.01 Million |
| % of Total Assets | 78.15% |
| Annual Growth Rate | 11.86% |
| 5-Year Change | 46.87% |
| 10-Year Change | 453.27% |
| Growth Volatility | 22.81 |
Mastech Holdings Inc - Net Assets Trend (2006–2024)
This chart illustrates how Mastech Holdings Inc's net assets have evolved over time, based on quarterly financial data. Explore MHH long-term investments to assets to see how much of total assets are deployed in long-term investments.
Annual Net Assets for Mastech Holdings Inc (2006–2024)
The table below shows the annual net assets of Mastech Holdings Inc from 2006 to 2024. For live valuation and market cap data, see MHH company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $87.43 Million | +7.35% |
| 2023-12-31 | $81.44 Million | -5.30% |
| 2022-12-31 | $86.00 Million | +15.55% |
| 2021-12-31 | $74.43 Million | +25.02% |
| 2020-12-31 | $59.53 Million | +28.64% |
| 2019-12-31 | $46.28 Million | +35.02% |
| 2018-12-31 | $34.28 Million | +26.23% |
| 2017-12-31 | $27.15 Million | +42.37% |
| 2016-12-31 | $19.07 Million | +20.69% |
| 2015-12-31 | $15.80 Million | +22.81% |
| 2014-12-31 | $12.87 Million | +36.03% |
| 2013-12-31 | $9.46 Million | +37.36% |
| 2012-12-31 | $6.89 Million | -47.21% |
| 2011-12-31 | $13.05 Million | +5.66% |
| 2010-12-31 | $12.35 Million | +9.74% |
| 2009-12-31 | $11.25 Million | +19.66% |
| 2008-12-31 | $9.40 Million | +20.00% |
| 2007-12-31 | $7.84 Million | -32.62% |
| 2006-12-31 | $11.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mastech Holdings 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 387.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $55.82 Million | 63.84% |
| Common Stock | $135.00K | 0.15% |
| Other Comprehensive Income | $-1.91 Million | -2.18% |
| Other Components | $33.39 Million | 38.19% |
| Total Equity | $87.43 Million | 100.00% |
Mastech Holdings Inc Competitors by Market Cap
The table below lists competitors of Mastech Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petrolimex Insurance Corp
VN:PGI
|
$75.84 Million |
|
Thai Mitsuwa Public Company Limited
BK:TMW
|
$75.86 Million |
|
Renergen Ltd.
JSE:REN
|
$75.87 Million |
|
GrabAGun Digital Holdings Inc.
NYSE:PEW
|
$75.88 Million |
|
FineMat Applied Materials Co Ltd
TW:6698
|
$75.76 Million |
|
Mitchell Services Ltd
AU:MSV
|
$75.74 Million |
|
Bak Ambalaj Sanayi ve Ticaret AS
IS:BAKAB
|
$75.73 Million |
|
Mobase Co Ltd
KQ:101330
|
$75.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mastech Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 81,444,000 to 87,434,000, a change of 5,990,000 (7.4%).
- Net income of 3,402,000 contributed positively to equity growth.
- Share repurchases of 80,000 reduced equity.
- New share issuances of 223,000 increased equity.
- Other comprehensive income decreased equity by 266,000.
- Other factors increased equity by 2,711,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $3.40 Million | +3.89% |
| Share Repurchases | $80.00K | -0.09% |
| Share Issuances | $223.00K | +0.26% |
| Other Comprehensive Income | $-266.00K | -0.3% |
| Other Changes | $2.71 Million | +3.1% |
| Total Change | $- | 7.35% |
Book Value vs Market Value Analysis
This analysis compares Mastech Holdings 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: 0.89x
- 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 5.02x to 0.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | $1.29 | $6.48 | x |
| 2007-12-31 | $0.87 | $6.48 | x |
| 2008-12-31 | $1.04 | $6.48 | x |
| 2009-12-31 | $1.21 | $6.48 | x |
| 2010-12-31 | $1.32 | $6.48 | x |
| 2011-12-31 | $1.39 | $6.48 | x |
| 2012-12-31 | $0.82 | $6.48 | x |
| 2013-12-31 | $1.09 | $6.48 | x |
| 2014-12-31 | $1.44 | $6.48 | x |
| 2015-12-31 | $1.78 | $6.48 | x |
| 2016-12-31 | $2.13 | $6.48 | x |
| 2017-12-31 | $2.72 | $6.48 | x |
| 2018-12-31 | $3.07 | $6.48 | x |
| 2019-12-31 | $4.12 | $6.48 | x |
| 2020-12-31 | $4.98 | $6.48 | x |
| 2021-12-31 | $6.20 | $6.48 | x |
| 2022-12-31 | $7.12 | $6.48 | x |
| 2023-12-31 | $7.01 | $6.48 | x |
| 2024-12-31 | $7.28 | $6.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mastech Holdings 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): 3.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.71%
- • Asset Turnover: 1.78x
- • Equity Multiplier: 1.28x
- Recent ROE (3.89%) is below the historical average (21.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 59.68% | 6.23% | 5.39x | 1.78x | $5.78 Million |
| 2007 | 69.42% | 5.20% | 7.34x | 1.82x | $4.66 Million |
| 2008 | 37.46% | 3.64% | 6.58x | 1.56x | $2.58 Million |
| 2009 | 12.42% | 1.97% | 4.64x | 1.36x | $271.80K |
| 2010 | 5.37% | 0.92% | 3.90x | 1.49x | $-571.80K |
| 2011 | 8.53% | 1.25% | 4.52x | 1.52x | $-191.70K |
| 2012 | 31.06% | 2.10% | 6.20x | 2.38x | $1.45 Million |
| 2013 | 40.22% | 3.56% | 6.27x | 1.80x | $2.86 Million |
| 2014 | 26.60% | 3.02% | 5.66x | 1.56x | $2.14 Million |
| 2015 | 17.42% | 2.23% | 3.21x | 2.43x | $1.17 Million |
| 2016 | 13.21% | 1.91% | 3.34x | 2.07x | $612.80K |
| 2017 | 5.99% | 1.10% | 1.50x | 3.63x | $-1.09 Million |
| 2018 | 19.52% | 3.78% | 1.91x | 2.70x | $3.26 Million |
| 2019 | 24.08% | 5.76% | 2.14x | 1.96x | $6.52 Million |
| 2020 | 16.56% | 5.08% | 1.90x | 1.71x | $3.91 Million |
| 2021 | 16.42% | 5.50% | 1.95x | 1.53x | $4.78 Million |
| 2022 | 10.13% | 3.60% | 2.22x | 1.27x | $111.70K |
| 2023 | -8.76% | -3.55% | 1.91x | 1.29x | $-15.28 Million |
| 2024 | 3.89% | 1.71% | 1.78x | 1.28x | $-5.34 Million |
Industry Comparison
This section compares Mastech Holdings Inc's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $232,402,489
- Average return on equity (ROE) among peers: -6.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mastech Holdings Inc (MHH) | $88.01 Million | 59.68% | 0.28x | $75.80 Million |
| Atlantic International Corp. Common Stock (ATLN) | $-32.09 Million | 0.00% | 0.00x | $110.31 Million |
| Barrett Business Services Inc (BBSI) | $171.80 Million | 28.11% | 4.01x | $809.99 Million |
| BG Staffing Inc (BGSF) | $85.54 Million | -11.95% | 1.09x | $39.55 Million |
| Hirequest Inc (HQI) | $46.73 Million | 25.36% | 0.66x | $162.54 Million |
| Heidrick & Struggles International (HSII) | $462.28 Million | 11.77% | 1.47x | $1.23 Billion |
| Hudson Global Inc (HSON) | $45.79 Million | 15.57% | 0.48x | $34.56 Million |
| Professional Diversity Network Inc (IPDN) | $22.65 Million | -158.07% | 0.83x | $6.68 Million |
| GEE Group Inc (JOB) | $109.30 Million | 8.62% | 0.13x | $25.27 Million |
| Kelly Services A Inc (KELYA) | $788.23 Million | 7.74% | 1.00x | $342.18 Million |
| Kelly Services B Inc (KELYB) | $623.80 Million | 4.18% | 1.19x | $61.64 Million |
About Mastech Holdings Inc
Mastech Digital, Inc., together with its subsidiaries, provides digital transformation IT services to large, medium-sized, and small companies in the United States. The company operates in two segments, Data and Analytics Services and IT Staffing Services. It offers data management and analytics services, including project-based consulting services in the areas of master data management, enterpri… Read more