Stem Inc
Stem, Inc. provides artificial intelligence driven software and services that enable its customers to plan, deploy, and operate clean energy assets in the United States and internationally. The company offers OEM energy storage systems; and software and edge hardware devices services. It serves energy traders, asset owners, independent power producers, community choice aggregators, off takers, re… Read more
Stem Inc (STEM) - Net Assets
Latest net assets as of December 2025: $-249.06 Million USD
Based on the latest financial reports, Stem Inc (STEM) has net assets worth $-249.06 Million USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($308.89 Million) and total liabilities ($557.95 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 | $-249.06 Million |
| % of Total Assets | -80.63% |
| Annual Growth Rate | N/A |
| 5-Year Change | -137.29% |
| 10-Year Change | N/A |
| Growth Volatility | 47374.94 |
Stem Inc - Net Assets Trend (2018–2025)
This chart illustrates how Stem 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 Stem Inc (2018–2025)
The table below shows the annual net assets of Stem Inc from 2018 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $-249.06 Million | +37.40% |
| 2024-12-31 | $-397.83 Million | -193.24% |
| 2023-12-31 | $426.68 Million | -22.73% |
| 2022-12-31 | $552.17 Million | -17.32% |
| 2021-12-31 | $667.83 Million | +476.43% |
| 2020-12-31 | $-177.41 Million | -862.19% |
| 2019-12-31 | $-18.44 Million | -109485.38% |
| 2018-12-31 | $16.86K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Stem 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 148873885600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.00K | % |
| Other Comprehensive Income | $41.00K | % |
| Other Components | $1.24 Billion | % |
| Total Equity | $-249.06 Million | 100.00% |
Stem Inc Competitors by Market Cap
The table below lists competitors of Stem Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank of Idaho Holding Company
OTCQX:BOID
|
$89.95 Million |
|
DAISHINKU CORP.
F:90G
|
$89.95 Million |
|
Dickson Concepts (International) Limited
PINK:DCOHF
|
$89.97 Million |
|
AurosTechnology Inc.
KQ:322310
|
$89.97 Million |
|
Samudera Indonesia Tbk
JK:SMDR
|
$89.92 Million |
|
Laramide Resources Ltd.
OTCQX:LMRXF
|
$89.91 Million |
|
Gordon Auto Body Parts Co Ltd
TW:1524
|
$89.90 Million |
|
Metallium Limited
OTCQB:MTMCF
|
$89.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stem Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from -398,374,000 to -249,059,000, a change of 149,315,000.
- Net income of 137,761,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 35,000.
- Other factors increased equity by 11,589,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $137.76 Million | +55.31% |
| Other Comprehensive Income | $-35.00K | -0.01% |
| Other Changes | $11.59 Million | +4.65% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Stem 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.01 | $10.90 | x |
| 2019-12-31 | $-7.69 | $10.90 | x |
| 2020-12-31 | $-88.56 | $10.90 | x |
| 2021-12-31 | $126.53 | $10.90 | x |
| 2022-12-31 | $3.60 | $10.90 | x |
| 2023-12-31 | $54.79 | $10.90 | x |
| 2024-12-31 | $-49.35 | $10.90 | x |
| 2025-12-31 | $-29.34 | $10.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stem 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.16%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-14.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -48.32% | -0.12% | 14.60x | 28.58x | $-9.83K |
| 2019 | 0.00% | -338.50% | 0.09x | 0.00x | $-57.57 Million |
| 2020 | 0.00% | -430.01% | 0.18x | 0.00x | $-138.38 Million |
| 2021 | -15.16% | -79.46% | 0.11x | 1.78x | $-167.99 Million |
| 2022 | -22.49% | -34.18% | 0.26x | 2.58x | $-179.22 Million |
| 2023 | -32.95% | -30.42% | 0.34x | 3.18x | $-183.03 Million |
| 2024 | 0.00% | -590.67% | 0.33x | 0.00x | $-814.18 Million |
| 2025 | 0.00% | 88.16% | 0.51x | 0.00x | $162.67 Million |
Industry Comparison
This section compares Stem Inc's net assets metrics with peer companies in the Utilities - Renewable industry.
Industry Context
- Industry: Utilities - Renewable
- Average net assets among peers: $1,059,000,861
- Average return on equity (ROE) among peers: -70.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stem Inc (STEM) | $-249.06 Million | -48.32% | N/A | $89.92 Million |
| ACLEW (ACLEW) | $-33.88 Million | 0.00% | 0.00x | $11.36 |
| Arsenal Digital Holdings Inc. (ADHI) | $1.69 Million | 12.00% | 0.10x | $458.16 |
| AGIG (AGIG) | $-1.03 Million | 0.00% | 0.00x | $16.94K |
| Aker Horizons ASA (AKHOF) | $9.99 Billion | -19.54% | 2.26x | $39.77 Million |
| Alternus Energy Group Plc (ALCE) | $16.59 Million | -113.04% | 11.63x | $698.55K |
| Alaska Hydro Corporation (ALKHF) | $-562.11K | 0.00% | 0.00x | $3.01K |
| Altus Power Inc (AMPS) | $463.06 Million | 11.97% | 1.97x | $266.49 Million |
| Astra Energy Inc (ASRE) | $1.75 Million | -596.04% | 3.32x | $683.50K |
| Altius Renewable Royalties Corp (ATRWF) | $159.06 Million | -2.15% | 0.04x | $105.47 Million |
| Atlantic Wind & Solar Inc (AWSL) | $-2.66 Million | 0.00% | 0.00x | $322.80 |