Octave Specialty Group, Inc.
Octave Specialty Group, Inc. operates as a financial services holding company. It operates in two segments, Specialty Property and Casualty Insurance; and Insurance Distribution. The Specialty Property and Casualty Insurance segment provides specialty property and casualty program insurance with a focus on commercial and personal liability risks. The Insurance Distribution segment offers specialt… Read more
Octave Specialty Group, Inc. (OSG) - Net Assets
Latest net assets as of September 2025: $1.15 Billion USD
Based on the latest financial reports, Octave Specialty Group, Inc. (OSG) has net assets worth $1.15 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.15 Billion) and total liabilities ($1.00 Billion). 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 | $1.15 Billion |
| % of Total Assets | 53.42% |
| Annual Growth Rate | 1.63% |
| 5-Year Change | 4.23% |
| 10-Year Change | -38.95% |
| Growth Volatility | 45.93 |
Octave Specialty Group, Inc. - Net Assets Trend (1985–2024)
This chart illustrates how Octave Specialty Group, 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 Octave Specialty Group, Inc. (1985–2024)
The table below shows the annual net assets of Octave Specialty Group, Inc. from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $1.20 Billion | -16.50% |
| 2023-12-31 | $1.43 Billion | +8.05% |
| 2022-12-31 | $1.32 Billion | +18.73% |
| 2021-12-31 | $1.12 Billion | -2.70% |
| 2020-12-31 | $1.15 Billion | -25.37% |
| 2019-12-31 | $1.54 Billion | -5.89% |
| 2018-12-31 | $1.63 Billion | -0.74% |
| 2017-12-31 | $1.65 Billion | -16.82% |
| 2016-12-31 | $1.98 Billion | +1.00% |
| 2015-12-31 | $1.96 Billion | +17.00% |
| 2014-12-31 | $1.67 Billion | +71.06% |
| 2013-12-31 | $978.42 Million | +130.13% |
| 2012-12-31 | $-3.25 Billion | -3.09% |
| 2011-12-31 | $-3.15 Billion | -132.57% |
| 2010-12-31 | $-1.35 Billion | +17.10% |
| 2009-12-31 | $-1.63 Billion | +47.00% |
| 2008-12-31 | $-3.08 Billion | -235.20% |
| 2007-12-31 | $2.28 Billion | -63.13% |
| 2006-12-31 | $6.18 Billion | +15.11% |
| 2005-12-31 | $5.37 Billion | +6.92% |
| 2004-12-31 | $5.02 Billion | +18.10% |
| 2003-12-31 | $4.25 Billion | +17.36% |
| 2002-12-31 | $3.63 Billion | +21.50% |
| 2001-12-31 | $2.98 Billion | +14.93% |
| 2000-12-31 | $2.60 Billion | +28.62% |
| 1999-12-31 | $2.02 Billion | -3.70% |
| 1998-12-31 | $2.10 Billion | +11.94% |
| 1997-12-31 | $1.87 Billion | +15.94% |
| 1996-12-31 | $1.62 Billion | +15.03% |
| 1995-12-31 | $1.40 Billion | +35.85% |
| 1994-12-31 | $1.03 Billion | -6.02% |
| 1993-12-31 | $1.10 Billion | +27.68% |
| 1992-12-31 | $861.30 Million | +15.24% |
| 1991-12-31 | $747.40 Million | +4.96% |
| 1990-12-31 | $712.10 Million | +0.64% |
| 1989-12-31 | $707.60 Million | +1.71% |
| 1988-12-31 | $695.70 Million | +5.06% |
| 1987-12-31 | $662.20 Million | +0.11% |
| 1986-12-31 | $661.50 Million | +3.83% |
| 1985-12-31 | $637.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Octave Specialty Group, 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 28.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $742.18 Million | 86.61% |
| Common Stock | $489.00K | 0.06% |
| Other Comprehensive Income | $-188.44 Million | -21.99% |
| Other Components | $302.67 Million | 35.32% |
| Total Equity | $856.91 Million | 100.00% |
Octave Specialty Group, Inc. Competitors by Market Cap
The table below lists competitors of Octave Specialty Group, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Xingye Material Tech
SHG:603928
|
$194.39 Million |
|
Jiangsu Liance Electromechanical Technology Co. Ltd. A
SHG:688113
|
$194.47 Million |
|
Guangzhou Shangpin Home Collection Co Ltd
SHE:300616
|
$194.47 Million |
|
PHX Energy Services Corp
OTCQB:PHXHF
|
$194.54 Million |
|
Devsisters corporation
KQ:194480
|
$194.27 Million |
|
Wuzhou Special Paper Group Co. Ltd.
SHG:605007
|
$194.17 Million |
|
DAIKI ALUM. IND.
F:7YB
|
$194.16 Million |
|
Lihe Technology
SHE:300800
|
$194.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Octave Specialty Group, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,361,656,000 to 856,906,000, a change of -504,750,000 (-37.1%).
- Net loss of 556,449,000 reduced equity.
- Share repurchases of 11,698,000 reduced equity.
- Other comprehensive income decreased equity by 28,389,000.
- Other factors increased equity by 91,786,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-556.45 Million | -64.94% |
| Share Repurchases | $11.70 Million | -1.37% |
| Other Comprehensive Income | $-28.39 Million | -3.31% |
| Other Changes | $91.79 Million | +10.71% |
| Total Change | $- | -37.07% |
Book Value vs Market Value Analysis
This analysis compares Octave Specialty Group, 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: 0.28x
- 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 increased from 0.05x to 0.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $96.41 | $5.08 | x |
| 1986-12-31 | $100.60 | $5.08 | x |
| 1987-12-31 | $100.73 | $5.08 | x |
| 1988-12-31 | $105.50 | $5.08 | x |
| 1989-12-31 | $107.33 | $5.08 | x |
| 1990-12-31 | $112.46 | $5.08 | x |
| 1991-12-31 | $7.17 | $5.08 | x |
| 1992-12-31 | $8.20 | $5.08 | x |
| 1993-12-31 | $10.30 | $5.08 | x |
| 1994-12-31 | $9.74 | $5.08 | x |
| 1995-12-31 | $13.24 | $5.08 | x |
| 1996-12-31 | $15.26 | $5.08 | x |
| 1997-12-31 | $17.85 | $5.08 | x |
| 1998-12-31 | $19.56 | $5.08 | x |
| 1999-12-31 | $18.83 | $5.08 | x |
| 2000-12-31 | $24.17 | $5.08 | x |
| 2001-12-31 | $27.36 | $5.08 | x |
| 2002-12-31 | $33.27 | $5.08 | x |
| 2003-12-31 | $38.91 | $5.08 | x |
| 2004-12-31 | $45.28 | $5.08 | x |
| 2005-12-31 | $49.11 | $5.08 | x |
| 2006-12-31 | $57.51 | $5.08 | x |
| 2007-12-31 | $22.15 | $5.08 | x |
| 2008-12-31 | $-40.15 | $5.08 | x |
| 2009-12-31 | $-24.29 | $5.08 | x |
| 2010-12-31 | $-21.32 | $5.08 | x |
| 2011-12-31 | $-40.48 | $5.08 | x |
| 2012-12-31 | $-41.48 | $5.08 | x |
| 2013-12-31 | $14.98 | $5.08 | x |
| 2014-12-31 | $29.81 | $5.08 | x |
| 2015-12-31 | $36.62 | $5.08 | x |
| 2016-12-31 | $37.48 | $5.08 | x |
| 2017-12-31 | $30.44 | $5.08 | x |
| 2018-12-31 | $34.19 | $5.08 | x |
| 2019-12-31 | $32.14 | $5.08 | x |
| 2020-12-31 | $23.40 | $5.08 | x |
| 2021-12-31 | $22.31 | $5.08 | x |
| 2022-12-31 | $26.97 | $5.08 | x |
| 2023-12-31 | $29.84 | $5.08 | x |
| 2024-12-31 | $18.24 | $5.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Octave Specialty Group, 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): -64.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -235.97%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 9.40x
- Recent ROE (-64.94%) is below the historical average (16.28%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 4.87% | 11.53% | 0.21x | 1.99x | $-32.71 Million |
| 1986 | 5.64% | 12.64% | 0.24x | 1.87x | $-28.85 Million |
| 1987 | 5.36% | 12.10% | 0.23x | 1.90x | $-30.72 Million |
| 1988 | 6.67% | 15.09% | 0.23x | 1.89x | $-23.17 Million |
| 1989 | 7.42% | 16.77% | 0.20x | 2.20x | $-18.08 Million |
| 1990 | 7.91% | 13.99% | 0.27x | 2.12x | $-14.81 Million |
| 1991 | 15.21% | 60.70% | 0.13x | 1.92x | $38.96 Million |
| 1992 | 15.12% | 54.11% | 0.12x | 2.41x | $44.07 Million |
| 1993 | 16.30% | 54.73% | 0.09x | 3.46x | $69.33 Million |
| 1994 | 13.65% | 60.25% | 0.05x | 4.15x | $37.75 Million |
| 1995 | 11.93% | 59.33% | 0.05x | 3.78x | $27.10 Million |
| 1996 | 17.11% | 61.01% | 0.08x | 3.64x | $114.80 Million |
| 1997 | 11.91% | 58.42% | 0.05x | 4.41x | $35.75 Million |
| 1998 | 12.12% | 55.58% | 0.04x | 5.35x | $44.39 Million |
| 1999 | 15.25% | 57.73% | 0.05x | 5.62x | $106.06 Million |
| 2000 | 14.11% | 41.08% | 0.09x | 3.90x | $106.59 Million |
| 2001 | 14.51% | 45.72% | 0.08x | 4.11x | $134.53 Million |
| 2002 | 11.93% | 45.13% | 0.06x | 4.24x | $70.08 Million |
| 2003 | 14.55% | 48.65% | 0.08x | 3.94x | $193.44 Million |
| 2004 | 14.42% | 51.70% | 0.08x | 3.70x | $222.15 Million |
| 2005 | 13.98% | 46.53% | 0.08x | 3.67x | $213.79 Million |
| 2006 | 14.16% | 47.81% | 0.09x | 3.28x | $257.49 Million |
| 2007 | -142.47% | 0.00% | -0.18x | 10.34x | $-3.48 Billion |
| 2008 | 0.00% | 0.00% | -0.16x | 0.00x | $-5.23 Billion |
| 2009 | 0.00% | 0.37% | 0.21x | 0.00x | $243.39 Million |
| 2010 | 0.00% | -173.49% | 0.01x | 0.00x | $-552.35 Million |
| 2011 | 0.00% | -669.90% | 0.01x | 0.00x | $-1.58 Billion |
| 2012 | 0.00% | -29.73% | 0.03x | 0.00x | $134.07 Million |
| 2013 | 548.27% | 303.80% | 0.05x | 38.56x | $3.78 Billion |
| 2014 | 34.60% | 120.00% | 0.02x | 17.98x | $344.16 Million |
| 2015 | 29.29% | 76.55% | 0.03x | 14.08x | $324.92 Million |
| 2016 | 4.37% | 14.91% | 0.02x | 13.21x | $-96.55 Million |
| 2017 | -23.82% | -53.41% | 0.03x | 16.79x | $-467.11 Million |
| 2018 | 16.77% | 52.56% | 0.03x | 9.16x | $107.80 Million |
| 2019 | -14.62% | -43.55% | 0.04x | 9.02x | $-363.70 Million |
| 2020 | -40.46% | -280.13% | 0.01x | 12.24x | $-545.00 Million |
| 2021 | -1.64% | -6.88% | 0.02x | 11.85x | $-120.80 Million |
| 2022 | 41.63% | 972.26% | 0.01x | 6.37x | $396.05 Million |
| 2023 | 0.27% | 2.91% | 0.01x | 6.19x | $-132.53 Million |
| 2024 | -64.94% | -235.97% | 0.03x | 9.40x | $-642.14 Million |
Industry Comparison
This section compares Octave Specialty Group, Inc.'s net assets metrics with peer companies in the Insurance - Specialty industry.
Industry Context
- Industry: Insurance - Specialty
- Average net assets among peers: $2,519,148,457
- Average return on equity (ROE) among peers: 4.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Octave Specialty Group, Inc. (OSG) | $1.15 Billion | 4.87% | 0.87x | $194.31 Million |
| ACMAT Corporation (ACMT) | $31.30 Million | 2.22% | 0.84x | $2.73 Million |
| Enact Holdings Inc (ACT) | $4.10 Billion | 17.17% | 0.40x | $1.08 Billion |
| Assured Guaranty Ltd (AGO) | $6.55 Billion | 7.95% | 1.08x | $3.63 Billion |
| Ambac Financial Group Inc (AMBC) | $2.28 Billion | -142.47% | 9.34x | $343.48 Million |
| AMERISAFE Inc (AMSF) | $158.78 Million | 23.53% | 5.26x | $612.03 Million |
| AXIS Capital Holdings Ltd (AXS) | $5.87 Billion | 10.94% | 2.41x | $7.47 Billion |
| Beazley plc (BZLYF) | $1.50 Billion | 8.67% | 4.04x | $6.37 Billion |
| Employers Holdings Inc (EIG) | $144.61 Million | 95.15% | 20.40x | $762.61 Million |
| Essent Group Ltd (ESNT) | $4.46 Billion | 18.63% | 0.28x | $5.45 Billion |
| First Acceptance Corp (FACO) | $92.90 Million | -1.32% | 2.47x | $134.82 Million |