Tredegar Corporation
Tredegar Corporation, through its subsidiaries, manufactures and sells aluminum extrusions, and polyethylene and polypropylene plastic films in the United States and internationally. It operates through Aluminum Extrusions and PE Films segments. The Aluminum Extrusions segment produces soft and medium strength alloyed, custom fabricated, and finished aluminum extrusions for the building and const… Read more
Tredegar Corporation (TG) - Net Assets
Latest net assets as of September 2025: $202.19 Million USD
Based on the latest financial reports, Tredegar Corporation (TG) has net assets worth $202.19 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 ($378.81 Million) and total liabilities ($176.62 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 | $202.19 Million |
| % of Total Assets | 53.38% |
| Annual Growth Rate | -1.16% |
| 5-Year Change | 65.94% |
| 10-Year Change | -33.65% |
| Growth Volatility | 21.45 |
Tredegar Corporation - Net Assets Trend (1987–2024)
This chart illustrates how Tredegar Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tredegar Corporation (1987–2024)
The table below shows the annual net assets of Tredegar Corporation from 1987 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $180.97 Million | +16.26% |
| 2023-12-31 | $155.65 Million | -22.85% |
| 2022-12-31 | $201.76 Million | +9.22% |
| 2021-12-31 | $184.72 Million | +69.38% |
| 2020-12-31 | $109.06 Million | -71.05% |
| 2019-12-31 | $376.75 Million | +6.17% |
| 2018-12-31 | $354.86 Million | +3.22% |
| 2017-12-31 | $343.78 Million | +10.62% |
| 2016-12-31 | $310.78 Million | +13.95% |
| 2015-12-31 | $272.75 Million | -26.69% |
| 2014-12-31 | $372.03 Million | -7.61% |
| 2013-12-31 | $402.66 Million | +8.17% |
| 2012-12-31 | $372.25 Million | -6.23% |
| 2011-12-31 | $397.00 Million | -4.92% |
| 2010-12-31 | $417.55 Million | -2.69% |
| 2009-12-31 | $429.07 Million | +2.06% |
| 2008-12-31 | $420.42 Million | -14.43% |
| 2007-12-31 | $491.33 Million | -4.89% |
| 2006-12-31 | $516.60 Million | +6.43% |
| 2005-12-31 | $485.36 Million | +1.02% |
| 2004-12-31 | $480.44 Million | +7.39% |
| 2003-12-31 | $447.40 Million | -3.36% |
| 2002-12-31 | $462.93 Million | -3.13% |
| 2001-12-31 | $477.90 Million | -3.98% |
| 2000-12-31 | $497.73 Million | +33.73% |
| 1999-12-31 | $372.20 Million | +19.95% |
| 1998-12-31 | $310.30 Million | +13.87% |
| 1997-12-31 | $272.50 Million | +28.24% |
| 1996-12-31 | $212.50 Million | +24.63% |
| 1995-12-31 | $170.50 Million | -0.81% |
| 1994-12-31 | $171.90 Million | +1.66% |
| 1993-12-31 | $169.10 Million | +4.13% |
| 1992-12-31 | $162.40 Million | +8.12% |
| 1991-12-31 | $150.20 Million | +1.97% |
| 1990-12-31 | $147.30 Million | -20.42% |
| 1989-12-31 | $185.10 Million | -33.49% |
| 1988-12-31 | $278.30 Million | 0.00% |
| 1987-12-31 | $278.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tredegar Corporation'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 11341200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $113.41 Million | 62.67% |
| Common Stock | $63.59 Million | 35.14% |
| Other Comprehensive Income | $6.20 Million | 3.43% |
| Total Equity | $180.97 Million | 100.00% |
Tredegar Corporation Competitors by Market Cap
The table below lists competitors of Tredegar Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iron Horse Acquisitions II Corp. Common Stock
NASDAQ:IRHO
|
$236.15 Million |
|
2020 Bulkers Ltd
PINK:TTBKF
|
$236.31 Million |
|
KTK Group Co Ltd
SHG:603680
|
$236.32 Million |
|
Elma Electronic AG
SW:ELMN
|
$236.38 Million |
|
HUYA Inc
NYSE:HUYA
|
$236.03 Million |
|
Canatu Oyj A
HE:CANATU
|
$235.92 Million |
|
EnQuest PLC
PINK:ENQUF
|
$235.91 Million |
|
Saga plc
PINK:SGPLF
|
$235.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tredegar Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 155,653,000 to 180,968,000, a change of 25,315,000 (16.3%).
- Net loss of 64,565,000 reduced equity.
- Other comprehensive income increased equity by 87,896,000.
- Other factors increased equity by 1,984,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-64.56 Million | -35.68% |
| Other Comprehensive Income | $87.90 Million | +48.57% |
| Other Changes | $1.98 Million | +1.1% |
| Total Change | $- | 16.26% |
Book Value vs Market Value Analysis
This analysis compares Tredegar Corporation'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: 1.54x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1987-12-31 | $5.11 | $8.09 | x |
| 1988-12-31 | $5.11 | $8.09 | x |
| 1989-12-31 | $3.49 | $8.09 | x |
| 1990-12-31 | $3.00 | $8.09 | x |
| 1991-12-31 | $3.06 | $8.09 | x |
| 1992-12-31 | $3.31 | $8.09 | x |
| 1993-12-31 | $3.45 | $8.09 | x |
| 1994-12-31 | $3.69 | $8.09 | x |
| 1995-12-31 | $4.66 | $8.09 | x |
| 1996-12-31 | $5.78 | $8.09 | x |
| 1997-12-31 | $7.34 | $8.09 | x |
| 1998-12-31 | $8.02 | $8.09 | x |
| 1999-12-31 | $9.62 | $8.09 | x |
| 2000-12-31 | $12.78 | $8.09 | x |
| 2001-12-31 | $12.25 | $8.09 | x |
| 2002-12-31 | $12.80 | $8.09 | x |
| 2003-12-31 | $11.72 | $8.09 | x |
| 2004-12-31 | $12.51 | $8.09 | x |
| 2005-12-31 | $12.56 | $8.09 | x |
| 2006-12-31 | $13.25 | $8.09 | x |
| 2007-12-31 | $12.57 | $8.09 | x |
| 2008-12-31 | $12.30 | $8.09 | x |
| 2009-12-31 | $12.67 | $8.09 | x |
| 2010-12-31 | $12.82 | $8.09 | x |
| 2011-12-31 | $12.32 | $8.09 | x |
| 2012-12-31 | $11.56 | $8.09 | x |
| 2013-12-31 | $12.35 | $8.09 | x |
| 2014-12-31 | $11.43 | $8.09 | x |
| 2015-12-31 | $8.37 | $8.09 | x |
| 2016-12-31 | $9.48 | $8.09 | x |
| 2017-12-31 | $10.43 | $8.09 | x |
| 2018-12-31 | $10.72 | $8.09 | x |
| 2019-12-31 | $11.33 | $8.09 | x |
| 2020-12-31 | $3.26 | $8.09 | x |
| 2021-12-31 | $5.49 | $8.09 | x |
| 2022-12-31 | $5.96 | $8.09 | x |
| 2023-12-31 | $4.56 | $8.09 | x |
| 2024-12-31 | $5.27 | $8.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tredegar Corporation 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): -35.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.80%
- • Asset Turnover: 1.68x
- • Equity Multiplier: 1.97x
- Recent ROE (-35.68%) is below the historical average (3.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1987 | 13.19% | 5.88% | 1.81x | 1.24x | $8.87 Million |
| 1988 | 13.19% | 5.88% | 1.81x | 1.24x | $8.87 Million |
| 1989 | 9.35% | 2.71% | 1.73x | 1.99x | $-1.21 Million |
| 1990 | -16.77% | -4.51% | 1.60x | 2.32x | $-39.43 Million |
| 1991 | 3.73% | 1.18% | 1.40x | 2.25x | $-9.42 Million |
| 1992 | 9.42% | 3.19% | 1.33x | 2.21x | $-940.00K |
| 1993 | 5.68% | 2.14% | 1.27x | 2.09x | $-7.31 Million |
| 1994 | 22.45% | 7.69% | 1.58x | 1.85x | $21.41 Million |
| 1995 | 14.13% | 4.09% | 1.88x | 1.84x | $7.05 Million |
| 1996 | 21.18% | 8.59% | 1.54x | 1.61x | $23.75 Million |
| 1997 | 21.43% | 10.05% | 1.41x | 1.51x | $31.15 Million |
| 1998 | 22.20% | 9.85% | 1.53x | 1.47x | $37.87 Million |
| 1999 | 14.13% | 6.41% | 1.04x | 2.13x | $15.38 Million |
| 2000 | 22.38% | 12.81% | 0.96x | 1.82x | $61.60 Million |
| 2001 | 2.04% | 1.27% | 0.89x | 1.81x | $-38.04 Million |
| 2002 | -0.55% | -0.34% | 0.88x | 1.81x | $-48.82 Million |
| 2003 | -5.89% | -3.53% | 0.99x | 1.68x | $-71.09 Million |
| 2004 | 6.07% | 3.33% | 1.14x | 1.60x | $-18.86 Million |
| 2005 | 3.34% | 1.70% | 1.22x | 1.61x | $-32.31 Million |
| 2006 | 7.39% | 3.42% | 1.43x | 1.51x | $-13.46 Million |
| 2007 | 3.10% | 1.65% | 1.18x | 1.60x | $-33.88 Million |
| 2008 | 6.88% | 3.24% | 1.46x | 1.45x | $-13.11 Million |
| 2009 | -0.32% | -0.21% | 1.10x | 1.39x | $-44.26 Million |
| 2010 | 6.47% | 3.65% | 1.27x | 1.39x | $-14.73 Million |
| 2011 | 10.88% | 4.90% | 1.13x | 1.96x | $3.48 Million |
| 2012 | 11.60% | 4.90% | 1.13x | 2.10x | $5.96 Million |
| 2013 | 9.16% | 3.87% | 1.20x | 1.97x | $-3.39 Million |
| 2014 | 9.91% | 3.87% | 1.21x | 2.12x | $-323.90K |
| 2015 | -11.78% | -3.59% | 1.44x | 2.29x | $-59.41 Million |
| 2016 | 7.87% | 2.95% | 1.27x | 2.10x | $-6.61 Million |
| 2017 | 11.13% | 3.98% | 1.27x | 2.20x | $3.87 Million |
| 2018 | 7.00% | 2.92% | 1.20x | 1.99x | $-10.64 Million |
| 2019 | 12.81% | 5.84% | 1.16x | 1.89x | $10.58 Million |
| 2020 | -69.18% | -9.99% | 1.47x | 4.72x | $-86.35 Million |
| 2021 | 31.30% | 7.00% | 1.58x | 2.83x | $39.35 Million |
| 2022 | 14.10% | 3.73% | 1.41x | 2.69x | $8.28 Million |
| 2023 | -68.04% | -18.47% | 1.28x | 2.87x | $-121.47 Million |
| 2024 | -35.68% | -10.80% | 1.68x | 1.97x | $-82.66 Million |
Industry Comparison
This section compares Tredegar Corporation's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $945,108,837
- Average return on equity (ROE) among peers: -0.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tredegar Corporation (TG) | $202.19 Million | 13.19% | 0.87x | $236.08 Million |
| ADF Group Inc (ADFJF) | $91.43 Million | -1.70% | 0.17x | $70.84 Million |
| Aurubis AG (AIAGF) | $2.37 Billion | 14.83% | 0.84x | $2.34 Billion |
| American Metal & Technology Inc (AMGY) | $-2.25 Million | 0.00% | 0.00x | $0.95 |
| Ampco-Pittsburgh Corporation (AP) | $149.83 Million | -53.27% | 2.78x | $96.27 Million |
| Allegheny Technologies Incorporated (ATI) | $2.09 Billion | 1.52% | 1.08x | $19.84 Billion |
| NV Bekaert SA (BEKSF) | $2.17 Billion | 11.76% | 0.88x | $1.30 Billion |
| CompoSecure, Inc. (CMPO) | $-192.55 Million | 0.00% | 0.00x | $1.63 Billion |
| Carpenter Technology Corporation (CRS) | $239.10 Million | 15.18% | 2.05x | $18.51 Billion |
| Cymat Technologies Ltd (CYMHF) | $-612.07K | 0.00% | 0.00x | $6.74 Million |
| ESAB Corp (ESAB) | $2.54 Billion | 6.19% | 0.33x | $5.64 Billion |