Parrot (PARRO) - Net Assets
Based on the latest financial reports, Parrot (PARRO) has net assets worth €29.90 Million EUR (≈ $34.96 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 (€66.50 Million ≈ $77.75 Million USD) and total liabilities (€36.60 Million ≈ $42.79 Million USD). 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 financial resilience of Parrot to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €29.90 Million |
| % of Total Assets | 44.96% |
| Annual Growth Rate | 7.7% |
| 5-Year Change | -50.09% |
| 10-Year Change | -88.31% |
| Growth Volatility | 65.55 |
Parrot - Net Assets Trend (2004–2024)
This chart illustrates how Parrot's net assets have evolved over time, based on quarterly financial data. Also explore Parrot asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Parrot (2004–2024)
The table below shows the annual net assets of Parrot from 2004 to 2024. For live valuation and market cap data, see Parrot market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €49.74 Million ≈ $58.16 Million |
-9.83% |
| 2023-12-31 | €55.17 Million ≈ $64.50 Million |
-34.34% |
| 2022-12-31 | €84.02 Million ≈ $98.22 Million |
-16.07% |
| 2021-12-31 | €100.11 Million ≈ $117.03 Million |
+0.45% |
| 2020-12-31 | €99.66 Million ≈ $116.51 Million |
-28.43% |
| 2019-12-31 | €139.24 Million ≈ $162.79 Million |
-14.51% |
| 2018-12-31 | €162.87 Million ≈ $190.41 Million |
-35.16% |
| 2017-12-31 | €251.19 Million ≈ $293.67 Million |
-12.82% |
| 2016-12-31 | €288.14 Million ≈ $336.86 Million |
-32.30% |
| 2015-12-31 | €425.59 Million ≈ $497.56 Million |
+132.65% |
| 2014-12-31 | €182.93 Million ≈ $213.87 Million |
+0.02% |
| 2013-12-31 | €182.90 Million ≈ $213.83 Million |
-2.88% |
| 2012-12-31 | €188.32 Million ≈ $220.17 Million |
+6.53% |
| 2011-12-31 | €176.77 Million ≈ $206.67 Million |
+16.19% |
| 2010-12-31 | €152.14 Million ≈ $177.87 Million |
+20.12% |
| 2009-12-31 | €126.66 Million ≈ $148.08 Million |
+10.20% |
| 2008-12-31 | €114.94 Million ≈ $134.37 Million |
+8.40% |
| 2007-12-31 | €106.03 Million ≈ $123.95 Million |
+37.18% |
| 2006-12-31 | €77.29 Million ≈ $90.36 Million |
+241.91% |
| 2005-12-31 | €22.61 Million ≈ $26.43 Million |
+100.24% |
| 2004-12-31 | €11.29 Million ≈ $13.20 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Parrot'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 7712.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €299.21 Million | 637.35% |
| Common Stock | €4.68 Million | 9.97% |
| Other Comprehensive Income | €-588.56 Million | -1253.69% |
| Other Components | €331.61 Million | 706.37% |
| Total Equity | €46.95 Million | 100.00% |
Parrot Competitors by Market Cap
The table below lists competitors of Parrot ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Franklin Covey Company
NYSE:FC
|
$178.89 Million |
|
Capricorn Energy PLC
LSE:CNE
|
$179.02 Million |
|
Imagesat International ISI Ltd
TA:ISI
|
$179.04 Million |
|
Digi Power X Inc.
V:DGX
|
$179.06 Million |
|
Vina San Pedro
SN:VSPT
|
$178.80 Million |
|
Dynamix Corporation
NASDAQ:ETHM
|
$178.78 Million |
|
CHC Healthcare Group
TW:4164
|
$178.76 Million |
|
NOVAREX Co.Ltd
KQ:194700
|
$178.75 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parrot's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 54,694,000 to 46,946,000, a change of -7,748,000 (-14.2%).
- Net loss of 9,234,000 reduced equity.
- Other comprehensive income decreased equity by 339,439,000.
- Other factors increased equity by 340,925,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-9.23 Million | -19.67% |
| Other Comprehensive Income | €-339.44 Million | -723.04% |
| Other Changes | €340.93 Million | +726.21% |
| Total Change | €- | -14.17% |
Book Value vs Market Value Analysis
This analysis compares Parrot'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: 6.76x
- 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 increased from 4.53x to 6.76x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | €2.28 | €10.34 | x |
| 2006-12-31 | €6.14 | €10.34 | x |
| 2007-12-31 | €7.77 | €10.34 | x |
| 2008-12-31 | €8.72 | €10.34 | x |
| 2009-12-31 | €9.64 | €10.34 | x |
| 2010-12-31 | €11.53 | €10.34 | x |
| 2011-12-31 | €13.29 | €10.34 | x |
| 2012-12-31 | €14.09 | €10.34 | x |
| 2013-12-31 | €13.70 | €10.34 | x |
| 2014-12-31 | €14.46 | €10.34 | x |
| 2015-12-31 | €30.71 | €10.34 | x |
| 2016-12-31 | €9.62 | €10.34 | x |
| 2017-12-31 | €8.41 | €10.34 | x |
| 2018-12-31 | €5.45 | €10.34 | x |
| 2019-12-31 | €4.66 | €10.34 | x |
| 2020-12-31 | €3.31 | €10.34 | x |
| 2021-12-31 | €3.25 | €10.34 | x |
| 2022-12-31 | €2.73 | €10.34 | x |
| 2023-12-31 | €1.79 | €10.34 | x |
| 2024-12-31 | €1.53 | €10.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parrot 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): -19.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.83%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.82x
- Recent ROE (-19.67%) is below the historical average (-7.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 33.93% | 13.13% | 1.83x | 1.41x | €2.70 Million |
| 2005 | 23.48% | 8.49% | 1.40x | 1.98x | €3.05 Million |
| 2006 | 9.10% | 4.42% | 1.22x | 1.69x | €-692.90K |
| 2007 | 18.83% | 9.08% | 1.46x | 1.42x | €9.36 Million |
| 2008 | 12.20% | 6.79% | 1.25x | 1.44x | €2.53 Million |
| 2009 | 7.56% | 5.68% | 1.00x | 1.33x | €-3.09 Million |
| 2010 | 9.22% | 5.80% | 1.15x | 1.38x | €-1.19 Million |
| 2011 | 16.23% | 11.59% | 0.88x | 1.59x | €11.02 Million |
| 2012 | 13.01% | 8.75% | 0.92x | 1.62x | €5.68 Million |
| 2013 | 0.85% | 0.66% | 0.84x | 1.52x | €-16.79 Million |
| 2014 | -1.41% | -1.06% | 0.79x | 1.69x | €-20.97 Million |
| 2015 | 0.11% | 0.14% | 0.50x | 1.54x | €-42.04 Million |
| 2016 | -47.50% | -82.85% | 0.33x | 1.75x | €-166.94 Million |
| 2017 | -15.06% | -25.16% | 0.38x | 1.59x | €-63.60 Million |
| 2018 | -67.63% | -101.85% | 0.45x | 1.48x | €-127.72 Million |
| 2019 | -21.31% | -38.85% | 0.40x | 1.36x | €-43.42 Million |
| 2020 | -38.76% | -67.12% | 0.39x | 1.47x | €-48.36 Million |
| 2021 | -2.55% | -4.61% | 0.38x | 1.47x | €-12.34 Million |
| 2022 | -23.50% | -27.13% | 0.58x | 1.48x | €-27.82 Million |
| 2023 | -59.39% | -49.99% | 0.74x | 1.60x | €-37.95 Million |
| 2024 | -19.67% | -11.83% | 0.91x | 1.82x | €-13.93 Million |
Industry Comparison
This section compares Parrot's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $23,346,593
- Average return on equity (ROE) among peers: -13.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parrot (PARRO) | €29.90 Million | 33.93% | 1.22x | $178.84 Million |
| Adeunis (ALARF) | $1.65 Million | -65.66% | 3.13x | $2.60 Million |
| Broadpeak SA (ALBPK) | $23.84 Million | -17.77% | 1.13x | $29.85 Million |
| HF Company SA (ALHF) | $47.97 Million | -1.85% | 0.32x | $11.95 Million |
| Kerlink SAS (ALKLK) | $23.09 Million | -25.00% | 0.49x | $6.78 Million |
| Cogelec SA (ALLEC) | $6.81 Million | -48.19% | 9.91x | $242.29 Million |
| ENENSYS Technologies SA (ALNN6) | $19.18 Million | -10.22% | 0.44x | $7.02 Million |
| Netgem SA (ALNTG) | $24.96 Million | 8.01% | 0.53x | $24.09 Million |
| Txcom SA (ALTXC) | $10.40 Million | -3.73% | 0.12x | $9.45 Million |
| ATEME SA (ATEME) | $27.13 Million | 16.98% | 1.11x | $108.38 Million |
| Avenir Telecom S.A (AVT) | $48.43 Million | 16.62% | 3.42x | $6.59 Million |
About Parrot
Parrot S.A. provides professional drones and software and services in France and internationally. It provides ANAFI Ai, a 4G robotic UAV; ANAFI USA, a drone for the U.S. army and enterprise. The company also offers open source SDK program that expands the capabilities of ANAFI USA and ANAFI Ai drones; Ground SDK, gives developer the ability to create IOS and android mobile apps based on FreeFligh… Read more