Armanino Foods New
Armanino Foods of Distinction, Inc. produces and markets frozen food products in the United States. The company offers gourmet beef, Italian style beef and pork, and smoked turkey meatballs; grated parmesan and 3 cheese blend cheese; and various pesto, such as basil, artichoke, cilantro, dried tomato and garlic, roasted garlic, roasted red bell pepper, and southwest chipotle. It also provides fro… Read more
Armanino Foods New (AMNF) - Net Assets
Latest net assets as of September 2025: $39.33 Million USD
Based on the latest financial reports, Armanino Foods New (AMNF) has net assets worth $39.33 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 ($54.38 Million) and total liabilities ($15.05 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 | $39.33 Million |
| % of Total Assets | 72.33% |
| Annual Growth Rate | 7.48% |
| 5-Year Change | 73.45% |
| 10-Year Change | 241.78% |
| Growth Volatility | 25.14 |
Armanino Foods New - Net Assets Trend (1989–2024)
This chart illustrates how Armanino Foods New's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Armanino Foods New (1989–2024)
The table below shows the annual net assets of Armanino Foods New from 1989 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $36.18 Million | +18.61% |
| 2023-12-31 | $30.51 Million | +17.42% |
| 2022-12-31 | $25.98 Million | +11.87% |
| 2021-12-31 | $23.22 Million | +11.33% |
| 2020-12-31 | $20.86 Million | -2.54% |
| 2019-12-31 | $21.40 Million | +17.72% |
| 2018-12-31 | $18.18 Million | +22.83% |
| 2017-12-31 | $14.80 Million | +20.53% |
| 2016-12-31 | $12.28 Million | +16.00% |
| 2015-12-31 | $10.59 Million | +18.62% |
| 2014-12-31 | $8.93 Million | +23.04% |
| 2013-12-31 | $7.25 Million | +27.74% |
| 2012-12-31 | $5.68 Million | +8.75% |
| 2011-12-31 | $5.22 Million | -14.28% |
| 2010-12-31 | $6.09 Million | +15.31% |
| 2009-12-31 | $5.28 Million | +5.37% |
| 2008-12-31 | $5.01 Million | -6.39% |
| 2007-12-31 | $5.36 Million | -3.67% |
| 2006-12-31 | $5.56 Million | -8.18% |
| 2005-12-31 | $6.05 Million | -9.88% |
| 2004-12-31 | $6.72 Million | -6.31% |
| 2003-12-31 | $7.17 Million | -4.81% |
| 2002-12-31 | $7.53 Million | -9.94% |
| 2001-12-31 | $8.37 Million | -1.01% |
| 2000-12-31 | $8.45 Million | -15.49% |
| 1999-12-31 | $10.00 Million | +1.01% |
| 1998-12-31 | $9.90 Million | -9.17% |
| 1997-12-31 | $10.90 Million | +2.83% |
| 1996-12-31 | $10.60 Million | +32.50% |
| 1995-12-31 | $8.00 Million | +15.94% |
| 1994-12-31 | $6.90 Million | +7.81% |
| 1993-12-31 | $6.40 Million | +93.94% |
| 1992-12-31 | $3.30 Million | +17.86% |
| 1991-12-31 | $2.80 Million | +86.67% |
| 1990-12-31 | $1.50 Million | -48.28% |
| 1989-12-31 | $2.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Armanino Foods New'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 3633200500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $34.43 Million | 95.16% |
| Other Components | $1.75 Million | 4.84% |
| Total Equity | $36.18 Million | 100.00% |
Armanino Foods New Competitors by Market Cap
The table below lists competitors of Armanino Foods New ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INNOSTAR ORD A (SHH) EQSW Exp:
SHG:688710
|
$72.34K |
|
EKTR3F
SA:EKTR3F
|
$72.37K |
|
Arlen SA
WAR:ARL
|
$72.39K |
|
Natural Resource Holdings Inc.
PINK:NRHI
|
$72.41K |
|
200580
KO:200580
|
$72.30K |
|
LYNAS CORPORATION
BE:LYI
|
$72.25K |
|
Tokmanni Group Corp
STU:TK9
|
$72.25K |
|
Jaeger Resources Corp
PINK:BDRGF
|
$72.19K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Armanino Foods New's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,505,932 to 36,183,164, a change of 5,677,232 (18.6%).
- Net income of 14,605,879 contributed positively to equity growth.
- Dividend payments of 7,756,680 reduced retained earnings.
- Share repurchases of 1,072,033 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $14.61 Million | +40.37% |
| Dividends Paid | $7.76 Million | -21.44% |
| Share Repurchases | $1.07 Million | -2.96% |
| Other Changes | $-99.93K | -0.28% |
| Total Change | $- | 18.61% |
Book Value vs Market Value Analysis
This analysis compares Armanino Foods New'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: 6.70x
- 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 83.86x to 6.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1989-12-31 | $0.09 | $7.60 | x |
| 1990-12-31 | $0.05 | $7.60 | x |
| 1991-12-31 | $0.11 | $7.60 | x |
| 1992-12-31 | $0.10 | $7.60 | x |
| 1993-12-31 | $0.20 | $7.60 | x |
| 1994-12-31 | $0.22 | $7.60 | x |
| 1995-12-31 | $0.99 | $7.60 | x |
| 1996-12-31 | $0.23 | $7.60 | x |
| 1997-12-31 | $0.29 | $7.60 | x |
| 1998-12-31 | $1.13 | $7.60 | x |
| 1999-12-31 | $0.26 | $7.60 | x |
| 2000-12-31 | $0.25 | $7.60 | x |
| 2001-12-31 | $0.13 | $7.60 | x |
| 2002-12-31 | $0.22 | $7.60 | x |
| 2003-12-31 | $0.10 | $7.60 | x |
| 2004-12-31 | $0.09 | $7.60 | x |
| 2006-12-31 | $0.16 | $7.60 | x |
| 2007-12-31 | $0.15 | $7.60 | x |
| 2008-12-31 | $0.14 | $7.60 | x |
| 2009-12-31 | $0.15 | $7.60 | x |
| 2010-12-31 | $0.17 | $7.60 | x |
| 2011-12-31 | $0.15 | $7.60 | x |
| 2012-12-31 | $0.18 | $7.60 | x |
| 2013-12-31 | $0.23 | $7.60 | x |
| 2014-12-31 | $0.28 | $7.60 | x |
| 2015-12-31 | $0.33 | $7.60 | x |
| 2016-12-31 | $0.38 | $7.60 | x |
| 2017-12-31 | $0.46 | $7.60 | x |
| 2018-12-31 | $0.57 | $7.60 | x |
| 2019-12-31 | $0.67 | $7.60 | x |
| 2020-12-31 | $0.65 | $7.60 | x |
| 2021-12-31 | $0.72 | $7.60 | x |
| 2022-12-31 | $0.81 | $7.60 | x |
| 2023-12-31 | $0.95 | $7.60 | x |
| 2024-12-31 | $1.13 | $7.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Armanino Foods New 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): 40.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.06%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.46x
- Recent ROE (40.37%) is above the historical average (14.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1989 | -10.34% | -8.33% | 1.03x | 1.21x | $-590.00K |
| 1990 | -93.33% | -21.21% | 1.50x | 2.93x | $-1.55 Million |
| 1991 | -114.29% | -64.00% | 0.88x | 2.04x | $-3.48 Million |
| 1992 | 15.15% | 7.58% | 1.35x | 1.48x | $170.00K |
| 1993 | 48.44% | 35.63% | 1.23x | 1.11x | $2.46 Million |
| 1994 | 7.25% | 4.76% | 1.31x | 1.16x | $-190.00K |
| 1995 | 13.75% | 8.15% | 1.48x | 1.14x | $300.00K |
| 1996 | 4.72% | 3.27% | 1.29x | 1.12x | $-560.00K |
| 1997 | 6.42% | 4.58% | 1.19x | 1.18x | $-390.00K |
| 1998 | 2.02% | 1.48% | 1.23x | 1.11x | $-790.00K |
| 1999 | 5.00% | 4.10% | 1.08x | 1.13x | $-500.00K |
| 2000 | 9.03% | 5.67% | 1.34x | 1.19x | $-81.74K |
| 2001 | 7.59% | 4.25% | 1.39x | 1.29x | $-201.90K |
| 2002 | -5.19% | -2.53% | 1.77x | 1.16x | $-1.14 Million |
| 2003 | 3.75% | 1.99% | 1.59x | 1.18x | $-448.27K |
| 2004 | 4.69% | 2.40% | 1.59x | 1.23x | $-356.59K |
| 2005 | 10.70% | 4.38% | 1.77x | 1.38x | $42.50K |
| 2006 | 14.46% | 4.83% | 2.11x | 1.42x | $247.84K |
| 2007 | 17.07% | 4.80% | 2.36x | 1.51x | $378.87K |
| 2008 | 13.85% | 3.50% | 2.87x | 1.38x | $192.92K |
| 2009 | 29.74% | 7.48% | 2.69x | 1.48x | $1.04 Million |
| 2010 | 37.87% | 10.08% | 2.67x | 1.41x | $1.70 Million |
| 2011 | 45.80% | 9.63% | 2.69x | 1.77x | $1.87 Million |
| 2012 | 50.87% | 10.33% | 2.98x | 1.65x | $2.32 Million |
| 2013 | 45.89% | 11.53% | 2.64x | 1.51x | $2.60 Million |
| 2014 | 43.11% | 12.23% | 2.50x | 1.41x | $2.95 Million |
| 2015 | 38.08% | 11.62% | 2.44x | 1.34x | $2.97 Million |
| 2016 | 34.41% | 11.84% | 2.36x | 1.23x | $3.00 Million |
| 2017 | 34.36% | 13.05% | 1.75x | 1.51x | $3.61 Million |
| 2018 | 34.46% | 14.98% | 1.65x | 1.39x | $4.45 Million |
| 2019 | 30.30% | 15.24% | 1.49x | 1.33x | $4.34 Million |
| 2020 | 9.69% | 6.36% | 1.21x | 1.26x | $-63.63K |
| 2021 | 24.68% | 13.08% | 1.23x | 1.53x | $3.41 Million |
| 2022 | 25.42% | 11.41% | 1.48x | 1.51x | $4.01 Million |
| 2023 | 28.71% | 13.78% | 1.44x | 1.45x | $5.71 Million |
| 2024 | 40.37% | 21.06% | 1.31x | 1.46x | $10.99 Million |
Industry Comparison
This section compares Armanino Foods New's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $6,310,436,844
- Average return on equity (ROE) among peers: -3.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Armanino Foods New (AMNF) | $39.33 Million | -10.34% | 0.38x | $72.33K |
| Above Food Ingredients Inc. Common Stock (ABVE) | $30.90K | -3.31% | 7.66x | $18.76 Million |
| The a2 Milk Company Limited (ACOPF) | $7.27 Million | -30.19% | 0.14x | $3.91 Billion |
| Ayujoy Herbals Ltd (AJOY) | $22.20 Million | 29.29% | 0.00x | $95.71 |
| Alfa S.A.B. de C.V (ALFFF) | $53.35 Billion | 7.36% | 3.80x | $2.16 Billion |
| Amincor Inc (AMNCB) | $34.44 Million | -63.76% | 0.81x | $2.24K |
| Amira Nature Foods Ltd (ANFIF) | $303.22 Million | 8.27% | 0.89x | $128.79 |
| AAK AB (publ.) (ARHUF) | $2.44 Billion | 12.85% | 2.63x | $5.07 Billion |
| Artisan Consumer Goods Inc (ARRT) | $-326.75K | 0.00% | 0.00x | $279.39K |
| ARYZTA AG (ARZTF) | $632.10 Million | 9.58% | 2.04x | $53.13 Million |