Ternium SA ADR (TX) - Net Assets
Based on the latest financial reports, Ternium SA ADR (TX) has net assets worth $16.15 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($23.61 Billion) and total liabilities ($7.47 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. Also explore Ternium SA ADR balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $16.15 Billion |
| % of Total Assets | 68.38% |
| Annual Growth Rate | N/A |
| 5-Year Change | 31.98% |
| 10-Year Change | 212.54% |
| Growth Volatility | 26.21 |
Ternium SA ADR - Net Assets Trend (2003–2025)
This chart illustrates how Ternium SA ADR's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see Ternium SA ADR market cap and net worth.
Annual Net Assets for Ternium SA ADR (2003–2025)
The table below shows the annual net assets of Ternium SA ADR from 2003 to 2025. Explore Ternium SA ADR operating cash flow efficiency to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $16.15 Billion | +0.10% |
| 2024-12-31 | $16.13 Billion | -4.05% |
| 2023-12-31 | $16.81 Billion | +22.10% |
| 2022-12-31 | $13.77 Billion | +12.53% |
| 2021-12-31 | $12.24 Billion | +44.97% |
| 2020-12-31 | $8.44 Billion | +9.40% |
| 2019-12-31 | $7.71 Billion | +3.08% |
| 2018-12-31 | $7.48 Billion | +27.88% |
| 2017-12-31 | $5.85 Billion | +13.28% |
| 2016-12-31 | $5.17 Billion | +7.57% |
| 2015-12-31 | $4.80 Billion | -23.26% |
| 2014-12-31 | $6.26 Billion | -1.25% |
| 2013-12-31 | $6.34 Billion | -2.43% |
| 2012-12-31 | $6.50 Billion | -5.05% |
| 2011-12-31 | $6.84 Billion | -2.49% |
| 2010-12-31 | $7.02 Billion | +12.06% |
| 2009-12-31 | $6.26 Billion | +12.58% |
| 2008-12-31 | $5.56 Billion | -12.65% |
| 2007-12-31 | $6.37 Billion | +16.03% |
| 2006-12-31 | $5.49 Billion | +53.45% |
| 2005-12-31 | $3.58 Billion | +101.82% |
| 2004-12-31 | $1.77 Billion | -- |
| 2003-12-31 | $0.00 | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ternium SA ADR'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $11.94 Billion | 100.00% |
| Total Equity | $11.94 Billion | 100.00% |
Ternium SA ADR Competitors by Market Cap
The table below lists competitors of Ternium SA ADR ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dajin Heavy Industry Corp
SHE:002487
|
$7.84 Billion |
|
Chang Hwa Commercial Bank Ltd
TW:2801
|
$7.84 Billion |
|
Novatek Microelectronics Corp
TW:3034
|
$7.84 Billion |
|
NKT A/S
CO:NKT
|
$7.85 Billion |
|
MOL NA A ADR REG.S 1/2
F:MOGG
|
$7.83 Billion |
|
Berry Global Group Inc
NYSE:BERY
|
$7.83 Billion |
|
Azek Company Inc
NYSE:AZEK
|
$7.82 Billion |
|
First Industrial Realty Trust Inc
NYSE:FR
|
$7.81 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ternium SA ADR's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,968,186,000 to 11,944,300,000, a change of -23,886,000 (-0.2%).
- Net income of 425,232,000 contributed positively to equity growth.
- Dividend payments of 530,030,999 reduced retained earnings.
- Other comprehensive income increased equity by 786,798,000.
- Other factors decreased equity by 705,885,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $425.23 Million | +3.56% |
| Dividends Paid | $530.03 Million | -4.44% |
| Other Comprehensive Income | $786.80 Million | +6.59% |
| Other Changes | $-705.89 Million | -5.91% |
| Total Change | $- | -0.20% |
Book Value vs Market Value Analysis
This analysis compares Ternium SA ADR'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: 0.70x
- 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 decreased from 7.06x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | $6.00 | $42.41 | x |
| 2004-12-31 | $8.78 | $42.41 | x |
| 2005-12-31 | $11.76 | $42.41 | x |
| 2006-12-31 | $19.40 | $42.41 | x |
| 2007-12-31 | $22.21 | $42.41 | x |
| 2008-12-31 | $22.93 | $42.41 | x |
| 2009-12-31 | $26.42 | $42.41 | x |
| 2010-12-31 | $29.33 | $42.41 | x |
| 2011-12-31 | $29.24 | $42.41 | x |
| 2012-12-31 | $27.61 | $42.41 | x |
| 2013-12-31 | $27.20 | $42.41 | x |
| 2014-12-31 | $26.92 | $42.41 | x |
| 2015-12-31 | $20.55 | $42.41 | x |
| 2016-12-31 | $22.37 | $42.41 | x |
| 2017-12-31 | $25.52 | $42.41 | x |
| 2018-12-31 | $32.57 | $42.41 | x |
| 2019-12-31 | $33.68 | $42.41 | x |
| 2020-12-31 | $37.10 | $42.41 | x |
| 2021-12-31 | $53.67 | $42.41 | x |
| 2022-12-31 | $60.34 | $42.41 | x |
| 2023-12-31 | $63.26 | $42.41 | x |
| 2024-12-31 | $60.97 | $42.41 | x |
| 2025-12-31 | $60.84 | $42.41 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ternium SA ADR 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): 3.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.72%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.98x
- Recent ROE (3.56%) is below the historical average (16.29%), 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 | 50.80% | 33.18% | 0.49x | 3.12x | $286.37 Million |
| 2004 | 44.54% | 28.60% | 0.60x | 2.58x | $354.67 Million |
| 2005 | 38.23% | 15.84% | 0.51x | 4.70x | $520.16 Million |
| 2006 | 21.17% | 12.11% | 0.75x | 2.33x | $419.67 Million |
| 2007 | 17.62% | 9.59% | 0.59x | 3.09x | $339.22 Million |
| 2008 | 15.56% | 8.45% | 0.79x | 2.32x | $255.68 Million |
| 2009 | 13.55% | 14.47% | 0.48x | 1.94x | $187.77 Million |
| 2010 | 10.58% | 8.43% | 0.66x | 1.89x | $34.00 Million |
| 2011 | 8.92% | 5.61% | 0.85x | 1.87x | $-62.10 Million |
| 2012 | 2.57% | 1.62% | 0.79x | 2.00x | $-402.85 Million |
| 2013 | 8.53% | 5.34% | 0.82x | 1.94x | $-78.60 Million |
| 2014 | 8.56% | 5.18% | 0.85x | 1.94x | $-76.09 Million |
| 2015 | 0.20% | 0.10% | 0.98x | 2.00x | $-395.19 Million |
| 2016 | 13.56% | 8.24% | 0.87x | 1.90x | $156.47 Million |
| 2017 | 17.69% | 9.14% | 0.80x | 2.42x | $385.18 Million |
| 2018 | 23.57% | 13.15% | 0.91x | 1.96x | $867.32 Million |
| 2019 | 8.53% | 5.54% | 0.79x | 1.96x | $-96.90 Million |
| 2020 | 10.69% | 8.91% | 0.68x | 1.76x | $50.15 Million |
| 2021 | 36.31% | 23.77% | 0.94x | 1.62x | $2.77 Billion |
| 2022 | 14.92% | 10.77% | 0.94x | 1.48x | $582.92 Million |
| 2023 | 5.44% | 3.84% | 0.73x | 1.95x | $-565.82 Million |
| 2024 | -0.45% | -0.30% | 0.76x | 1.93x | $-1.25 Billion |
| 2025 | 3.56% | 2.72% | 0.66x | 1.98x | $-769.20 Million |
Industry Comparison
This section compares Ternium SA ADR's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $6,012,392,838
- Average return on equity (ROE) among peers: -1.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ternium SA ADR (TX) | $16.15 Billion | 50.80% | 0.46x | $7.84 Billion |
| Cleveland-Cliffs Inc (CLF) | $407.40 Million | 13.48% | 0.70x | $5.82 Billion |
| Commercial Metals Company (CMC) | $1.25 Billion | -16.38% | 1.96x | $7.65 Billion |
| Friedman Industries Inc. Common Stock (FRD) | $79.69 Million | 17.65% | 1.00x | $137.98 Million |
| Friedman Industries Inc. Common Stock (FRD) | $33.50 Million | 5.67% | 0.15x | $138.83 Million |
| Gerdau SA ADR (GGB) | $58.17 Billion | 7.85% | 0.49x | $5.42 Billion |
| Hongli Group Inc. Ordinary Shares (HLP) | $53.49 Million | -3.52% | 0.22x | $56.55 Million |
| Huadi International Group Co Ltd (HUDI) | $74.68 Million | 4.36% | 0.38x | $17.02 Million |
| Inno Holdings Inc. Common Stock (INHD) | $1.05 Million | -95.64% | 2.46x | $726.90K |
| FST Corp. Ordinary Shares (KBSX) | $32.42 Million | 28.92% | 0.85x | $51.70 Million |
| Luda Technology Group Limited (LUD) | $14.53 Million | 21.11% | 1.73x | $140.68 Million |
About Ternium SA ADR
Ternium S.A., together with its subsidiaries, manufactures and distributes steel products in Mexico, Southern Region, Brazil, and internationally. It operates through two segments, Steel and Mining. The Steel segment offers slabs, heavy plates, hot and cold rolled products, coated products, stamped steel parts for the automotive industry, roll-formed and tubular products, billets, bars, and other… Read more