Ermenegildo Zegna NV (ZGN) - Net Assets
Based on the latest financial reports, Ermenegildo Zegna NV (ZGN) has net assets worth $952.43 Million USD as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.73 Billion) and total liabilities ($1.77 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. Check ZGN asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $952.43 Million |
| % of Total Assets | 34.92% |
| Annual Growth Rate | 5.19% |
| 5-Year Change | 52.38% |
| 10-Year Change | N/A |
| Growth Volatility | 11.06 |
Ermenegildo Zegna NV - Net Assets Trend (2018–2024)
This chart illustrates how Ermenegildo Zegna NV's net assets have evolved over time, based on quarterly financial data. Also explore Ermenegildo Zegna NV asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Ermenegildo Zegna NV (2018–2024)
The table below shows the annual net assets of Ermenegildo Zegna NV from 2018 to 2024. For live valuation and market cap data, see market value of Ermenegildo Zegna NV.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $982.89 Million | +9.10% |
| 2023-12-31 | $900.90 Million | +23.02% |
| 2022-12-31 | $732.32 Million | +13.66% |
| 2021-12-31 | $644.30 Million | -0.11% |
| 2020-12-31 | $645.03 Million | -11.61% |
| 2019-12-31 | $729.75 Million | +0.59% |
| 2018-12-31 | $725.49 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ermenegildo Zegna NV'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 28.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $668.73 Million | 73.00% |
| Common Stock | $9.15 Million | 1.00% |
| Other Comprehensive Income | $-126.01 Million | -13.75% |
| Other Components | $364.24 Million | 39.76% |
| Total Equity | $916.12 Million | 100.00% |
Ermenegildo Zegna NV Competitors by Market Cap
The table below lists competitors of Ermenegildo Zegna NV ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xinjiang Zhongtai Chemical Co Ltd
SHE:002092
|
$2.62 Billion |
|
Photronics Inc
NASDAQ:PLAB
|
$2.62 Billion |
|
AMP Ltd
AU:AMP
|
$2.62 Billion |
|
Energi Mega Persada Tbk
JK:ENRG
|
$2.62 Billion |
|
Lojas Renner S.A.
SA:LREN3
|
$2.62 Billion |
|
Power Integrations Inc
NASDAQ:POWI
|
$2.62 Billion |
|
Kodiak Sciences Inc
NASDAQ:KOD
|
$2.62 Billion |
|
AXT Inc
NASDAQ:AXTI
|
$2.62 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ermenegildo Zegna NV's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 840,294,000 to 916,120,000, a change of 75,826,000 (9.0%).
- Net income of 77,083,000 contributed positively to equity growth.
- Dividend payments of 30,290,000 reduced retained earnings.
- Other comprehensive income increased equity by 7,671,000.
- Other factors increased equity by 21,362,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $77.08 Million | +8.41% |
| Dividends Paid | $30.29 Million | -3.31% |
| Other Comprehensive Income | $7.67 Million | +0.84% |
| Other Changes | $21.36 Million | +2.33% |
| Total Change | $- | 9.02% |
Book Value vs Market Value Analysis
This analysis compares Ermenegildo Zegna NV'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: 3.45x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 4.36x to 3.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $2.85 | $12.44 | x |
| 2019-12-31 | $2.84 | $12.44 | x |
| 2020-12-31 | $2.71 | $12.44 | x |
| 2021-12-31 | $2.95 | $12.44 | x |
| 2022-12-31 | $2.82 | $12.44 | x |
| 2023-12-31 | $3.33 | $12.44 | x |
| 2024-12-31 | $3.60 | $12.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ermenegildo Zegna NV 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): 8.41%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.96%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 3.09x
- Recent ROE (8.41%) is above the historical average (1.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 5.46% | 3.19% | 0.42x | 4.04x | $-31.41 Million |
| 2019 | 3.16% | 1.65% | 0.50x | 3.83x | $-47.13 Million |
| 2020 | -8.40% | -4.96% | 0.42x | 4.01x | $-110.75 Million |
| 2021 | -22.62% | -10.52% | 0.53x | 4.09x | $-196.12 Million |
| 2022 | 7.58% | 3.45% | 0.62x | 3.57x | $-16.41 Million |
| 2023 | 14.46% | 6.38% | 0.69x | 3.29x | $37.50 Million |
| 2024 | 8.41% | 3.96% | 0.69x | 3.09x | $-14.53 Million |
Industry Comparison
This section compares Ermenegildo Zegna NV's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $467,262,416
- Average return on equity (ROE) among peers: 17.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ermenegildo Zegna NV (ZGN) | $952.43 Million | 5.46% | 1.86x | $2.62 Billion |
| Columbia Sportswear Company (COLM) | $1.25 Billion | 7.53% | 0.28x | $3.08 Billion |
| Delta Apparel, Inc. (DLAPQ) | $142.69 Million | -7.41% | 1.95x | $705.00 |
| Figs Inc (FIGS) | $245.57 Million | -3.89% | 0.27x | $2.41 Billion |
| G-III Apparel Group Ltd (GIII) | $1.34 Billion | 1.76% | 1.81x | $1.24 Billion |
| Hanesbrands Inc (HBI) | $185.16 Million | 68.68% | 18.09x | $2.29 Billion |
| J-Long Group Limited (JL) | $7.06 Million | 63.48% | 1.73x | $10.89 Million |
| Jerash Holdings US Inc (JRSH) | $68.23 Million | 3.55% | 0.23x | $42.54 Million |
| JX Luxventure Limited (JXG) | $15.15 Million | 20.08% | 0.45x | $7.04 Million |
| Kontoor Brands Inc (KTB) | $1.36 Billion | 8.56% | 0.57x | $3.74 Billion |
| Lakeland Industries Inc (LAKE) | $60.80 Million | 10.41% | 0.19x | $93.16 Million |
About Ermenegildo Zegna NV
Ermenegildo Zegna N.V., together with its subsidiaries, designs, manufactures, markets, and distributes luxury menswear and womenwear, children's clothing, footwear, leather goods, and other accessories worldwide. The company offers luxury leisurewear, such as knitwear, jeans, jersey and shirts, fabric and leather outerwear, and accessories; formalwear, including formal suits to tuxedos, shirts, … Read more