P10 Inc
P10, Inc. operates as a multi-asset class private market solutions provider in the alternative asset management industry in the United States and Dubai. The company's portfolio of private solutions includes private equity, venture capital, impact investing, and private credit, as well as primary fund of funds, secondary investment, and direct and co-investments services. It markets its private eq… Read more
P10 Inc (PX) - Net Assets
Latest net assets as of September 2025: $396.79 Million USD
Based on the latest financial reports, P10 Inc (PX) has net assets worth $396.79 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 ($936.01 Million) and total liabilities ($539.22 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 | $396.79 Million |
| % of Total Assets | 42.39% |
| Annual Growth Rate | -9.01% |
| 5-Year Change | 546.53% |
| 10-Year Change | 2754.22% |
| Growth Volatility | 1997.74 |
P10 Inc - Net Assets Trend (2003–2024)
This chart illustrates how P10 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 P10 Inc (2003–2024)
The table below shows the annual net assets of P10 Inc from 2003 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $386.89 Million | -9.00% |
| 2023-12-31 | $425.16 Million | -2.01% |
| 2022-12-31 | $433.88 Million | +9.80% |
| 2021-12-31 | $395.16 Million | +560.36% |
| 2020-12-31 | $59.84 Million | +66.04% |
| 2019-12-31 | $36.04 Million | +11.31% |
| 2018-12-31 | $32.38 Million | +84.36% |
| 2017-12-31 | $17.56 Million | +9393.51% |
| 2016-12-31 | $185.00K | -98.64% |
| 2015-12-31 | $13.55 Million | -27.87% |
| 2014-12-31 | $18.79 Million | -7.45% |
| 2013-12-31 | $20.31 Million | -21.90% |
| 2012-12-31 | $26.00 Million | -99.53% |
| 2011-12-31 | $5.49 Billion | -5.25% |
| 2010-12-31 | $5.79 Billion | +21.78% |
| 2009-12-31 | $4.76 Billion | +35.50% |
| 2008-12-31 | $3.51 Billion | -22.91% |
| 2007-12-31 | $4.55 Billion | -56.34% |
| 2006-12-31 | $10.43 Billion | +5.77% |
| 2005-12-31 | $9.86 Billion | +5.76% |
| 2004-12-31 | $9.32 Billion | +231.81% |
| 2003-12-31 | $2.81 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to P10 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 decreased by 107.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $111.00K | 0.03% |
| Other Components | $561.20 Million | 161.73% |
| Total Equity | $347.00 Million | 100.00% |
P10 Inc Competitors by Market Cap
The table below lists competitors of P10 Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Djerriwarrh Investments Ltd
AU:DJW
|
$448.79 Million |
|
Gruppo MutuiOnline S.p.A.
LSE:0O2B
|
$448.92 Million |
|
PAR TECHNOLOGY DL-02
F:35U
|
$448.95 Million |
|
Optics Technology Holding Co Ltd
SHE:300489
|
$448.97 Million |
|
Beijing WKW Automotive Parts Co Ltd
SHE:002662
|
$448.74 Million |
|
PT Jasa Marga (Persero) Tbk
PINK:PTJSF
|
$448.70 Million |
|
Ferroglobe PLC
NASDAQ:GSM
|
$448.57 Million |
|
BeiJing DaHao Technology Co Lt
SHG:603025
|
$448.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in P10 Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 385,589,000 to 346,999,000, a change of -38,590,000 (-10.0%).
- Net income of 18,700,000 contributed positively to equity growth.
- Dividend payments of 15,489,000 reduced retained earnings.
- Share repurchases of 67,814,000 reduced equity.
- Other factors increased equity by 26,013,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $18.70 Million | +5.39% |
| Dividends Paid | $15.49 Million | -4.46% |
| Share Repurchases | $67.81 Million | -19.54% |
| Other Changes | $26.01 Million | +7.5% |
| Total Change | $- | -10.01% |
Book Value vs Market Value Analysis
This analysis compares P10 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: 2.69x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.83x to 2.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $9.33 | $7.74 | x |
| 2004-12-31 | $0.18 | $7.74 | x |
| 2005-12-31 | $0.16 | $7.74 | x |
| 2006-12-31 | $0.12 | $7.74 | x |
| 2007-12-31 | $0.10 | $7.74 | x |
| 2008-12-31 | $0.07 | $7.74 | x |
| 2009-12-31 | $0.05 | $7.74 | x |
| 2010-12-31 | $1.67 | $7.74 | x |
| 2011-12-31 | $1.33 | $7.74 | x |
| 2012-12-31 | $2.00 | $7.74 | x |
| 2013-12-31 | $1.50 | $7.74 | x |
| 2014-12-31 | $1.19 | $7.74 | x |
| 2015-12-31 | $0.84 | $7.74 | x |
| 2016-12-31 | $0.01 | $7.74 | x |
| 2017-12-31 | $0.51 | $7.74 | x |
| 2018-12-31 | $0.37 | $7.74 | x |
| 2019-12-31 | $0.57 | $7.74 | x |
| 2020-12-31 | $1.32 | $7.74 | x |
| 2021-12-31 | $3.52 | $7.74 | x |
| 2022-12-31 | $3.23 | $7.74 | x |
| 2023-12-31 | $3.32 | $7.74 | x |
| 2024-12-31 | $2.88 | $7.74 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently P10 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): 5.39%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.31%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 2.51x
- Recent ROE (5.39%) is below the historical average (1443.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 18.94% | 0.00% | 0.00x | 2.54x | $276.20 Million |
| 2004 | 1199.80% | 0.00% | 0.00x | 160.59x | $691.19 Million |
| 2005 | 1347.61% | 0.00% | 0.00x | 183.15x | $720.61 Million |
| 2006 | 2547.84% | 0.00% | 0.00x | 269.15x | $984.12 Million |
| 2007 | 3540.06% | 0.00% | 0.00x | 375.12x | $1.17 Billion |
| 2008 | 5816.24% | 0.00% | 0.00x | 588.49x | $1.21 Billion |
| 2009 | 9950.32% | 0.00% | 0.00x | 926.37x | $1.44 Billion |
| 2010 | 5739.12% | 11.81% | 0.66x | 733.55x | $1.19 Billion |
| 2011 | 10262.71% | 14.86% | 0.69x | 1003.93x | $1.67 Billion |
| 2012 | -7.39% | -2.52% | 1.67x | 1.76x | $-4.52 Million |
| 2013 | -41.13% | -13.54% | 1.63x | 1.87x | $-10.38 Million |
| 2014 | -68.25% | -26.11% | 1.36x | 1.92x | $-14.71 Million |
| 2015 | -47.65% | -0.06% | 352.21x | 2.26x | $-7.81 Million |
| 2016 | -8576.22% | -0.15% | 5687.90x | 10.01x | $-15.88 Million |
| 2017 | -8.14% | -33.18% | 0.04x | 6.04x | $-3.19 Million |
| 2018 | -12.33% | -8.91% | 0.18x | 7.69x | $-5.34 Million |
| 2019 | 33.13% | 26.59% | 0.22x | 5.63x | $8.34 Million |
| 2020 | 39.78% | 35.34% | 0.12x | 9.73x | $17.82 Million |
| 2021 | 2.72% | 7.15% | 0.22x | 1.71x | $-28.75 Million |
| 2022 | 7.43% | 14.72% | 0.24x | 2.10x | $-10.11 Million |
| 2023 | -1.85% | -2.95% | 0.29x | 2.16x | $-45.69 Million |
| 2024 | 5.39% | 6.31% | 0.34x | 2.51x | $-16.00 Million |
Industry Comparison
This section compares P10 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 |
|---|---|---|---|---|
| P10 Inc (PX) | $396.79 Million | 18.94% | 1.36x | $448.75 Million |
| 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 |