SimilarWeb Ltd (SMWB) - Net Assets
Based on the latest financial reports, SimilarWeb Ltd (SMWB) has net assets worth $25.01 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 ($248.27 Million) and total liabilities ($223.26 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. Check how tangible is SimilarWeb Ltd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $25.01 Million |
| % of Total Assets | 10.07% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 63.34 |
SimilarWeb Ltd - Net Assets Trend (2019–2024)
This chart illustrates how SimilarWeb Ltd's net assets have evolved over time, based on quarterly financial data. See SMWB defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for SimilarWeb Ltd (2019–2024)
The table below shows the annual net assets of SimilarWeb Ltd from 2019 to 2024. For live valuation and market cap data, see SimilarWeb Ltd (SMWB) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $27.51 Million | +76.93% |
| 2023-12-31 | $15.55 Million | -29.17% |
| 2022-12-31 | $21.95 Million | -74.15% |
| 2021-12-31 | $84.91 Million | +1017.99% |
| 2020-12-31 | $-9.25 Million | +72.15% |
| 2019-12-31 | $-33.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SimilarWeb Ltd'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 21629100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $227.00K | 0.83% |
| Other Comprehensive Income | $388.00K | 1.41% |
| Other Components | $391.45 Million | 1423.04% |
| Total Equity | $27.51 Million | 100.00% |
SimilarWeb Ltd Competitors by Market Cap
The table below lists competitors of SimilarWeb Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Avidbank Holdings, Inc. Common stock
NASDAQ:AVBH
|
$343.55 Million |
|
US Century Bank
NASDAQ:USCB
|
$343.60 Million |
|
SamsungFN REIT Co. Ltd.
KO:448730
|
$343.69 Million |
|
Sinpas Gayrimenkul Yatirim Ortakligi AS
IS:SNGYO
|
$343.74 Million |
|
FibraHotel
MX:FIHO12
|
$343.36 Million |
|
Consorcio ARA S. A. B. de C. V.
MX:ARA
|
$342.97 Million |
|
HPF Co Ltd
SHE:300350
|
$342.94 Million |
|
Unimot S.A
WAR:UNT
|
$342.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SimilarWeb Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 15,547,000 to 27,508,000, a change of 11,961,000 (76.9%).
- Net loss of 11,457,000 reduced equity.
- Other comprehensive income decreased equity by 484,000.
- Other factors increased equity by 23,902,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-11.46 Million | -41.65% |
| Other Comprehensive Income | $-484.00K | -1.76% |
| Other Changes | $23.90 Million | +86.89% |
| Total Change | $- | 76.93% |
Book Value vs Market Value Analysis
This analysis compares SimilarWeb Ltd'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: 14.89x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $-2.47 | $4.99 | x |
| 2020-12-31 | $-0.14 | $4.99 | x |
| 2021-12-31 | $1.13 | $4.99 | x |
| 2022-12-31 | $0.29 | $4.99 | x |
| 2023-12-31 | $0.20 | $4.99 | x |
| 2024-12-31 | $0.34 | $4.99 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SimilarWeb Ltd 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): -41.65%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.58%
- • Asset Turnover: 1.03x
- • Equity Multiplier: 8.83x
- Recent ROE (-41.65%) is above the historical average (-115.49%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -25.08% | 1.54x | 0.00x | $-14.39 Million |
| 2020 | 0.00% | -23.53% | 0.90x | 0.00x | $-21.07 Million |
| 2021 | -81.23% | -50.11% | 0.61x | 2.67x | $-77.47 Million |
| 2022 | -381.13% | -43.30% | 0.79x | 11.21x | $-85.86 Million |
| 2023 | -188.93% | -13.47% | 0.91x | 15.37x | $-30.93 Million |
| 2024 | -41.65% | -4.58% | 1.03x | 8.83x | $-14.21 Million |
Industry Comparison
This section compares SimilarWeb Ltd's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $2,131,819,470
- Average return on equity (ROE) among peers: 1.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SimilarWeb Ltd (SMWB) | $25.01 Million | 0.00% | 8.93x | $343.40 Million |
| Adobe Systems Incorporated (ADBE) | $13.26 Billion | 39.66% | 0.83x | $78.88 Billion |
| ADEIA CORP (ADEA) | $541.36 Million | 31.49% | 0.07x | $3.40 Billion |
| Automatic Data Processing Inc (ADP) | $2.10 Billion | 18.83% | 0.53x | $87.31 Billion |
| Autodesk Inc (ADSK) | $569.21 Million | 5.60% | 0.55x | $41.09 Billion |
| AudioEye Inc (AEYE) | $4.80 Million | -64.05% | 5.71x | $71.03 Million |
| Agilysys Inc (AGYS) | $100.62 Million | -13.08% | 0.63x | $2.01 Billion |
| BlockchAIn Digital Infrastructure, Inc (AIB) | $10.70 Million | 0.00% | 0.35x | $43.69 Million |
| Firefly Neuroscience, Inc. (AIFF) | $-2.11 Million | 0.00% | 0.00x | $19.47 Million |
| XIAO-I Corporation American Depositary Shares (AIXI) | $-8.98 Million | 0.00% | 0.00x | $8.14 Million |
| Alight Inc (ALIT) | $4.74 Billion | -7.28% | 1.27x | $297.57 Million |
About SimilarWeb Ltd
Similarweb Ltd. provides digital data and analytics for power critical business decisions in the United States, Europe, the Asia Pacific, the United Kingdom, Israel, and internationally. The company offers web intelligence solutions for its customers to benchmark performance against competitors, analyze trends in the market, conduct deeper research into specific companies, and analyze audience be… Read more