ADDvantage Technologies Group Inc
ADDvantage Technologies Group, Inc., through its subsidiaries, operates as a communications infrastructure services and equipment provider in the United States and internationally. It operates through two segments, Wireless Infrastructure Services and Telecommunications. The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, com… Read more
ADDvantage Technologies Group Inc (AEYGQ) - Net Assets
Latest net assets as of September 2023: $4.79 Million USD
Based on the latest financial reports, ADDvantage Technologies Group Inc (AEYGQ) has net assets worth $4.79 Million USD as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($18.54 Million) and total liabilities ($13.75 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 | $4.79 Million |
| % of Total Assets | 25.83% |
| Annual Growth Rate | -18.67% |
| 5-Year Change | -65.11% |
| 10-Year Change | N/A |
| Growth Volatility | 20.69 |
ADDvantage Technologies Group Inc - Net Assets Trend (2016–2022)
This chart illustrates how ADDvantage Technologies Group Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ADDvantage Technologies Group Inc (2016–2022)
The table below shows the annual net assets of ADDvantage Technologies Group Inc from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-09-30 | $12.05 Million | +15.54% |
| 2021-09-30 | $10.43 Million | -30.17% |
| 2020-09-30 | $14.93 Million | -49.29% |
| 2019-09-30 | $29.45 Million | -14.71% |
| 2018-09-30 | $34.53 Million | -17.20% |
| 2017-09-30 | $41.70 Million | +0.18% |
| 2016-09-30 | $41.63 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ADDvantage Technologies Group Inc'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 80.4% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $9.32 Million | 77.37% |
| Common Stock | $141.00K | 1.17% |
| Other Components | $2.58 Million | 21.46% |
| Total Equity | $12.05 Million | 100.00% |
ADDvantage Technologies Group Inc Competitors by Market Cap
The table below lists competitors of ADDvantage Technologies Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
One Step Vending Corp
PINK:KOSK
|
$148.56 |
|
MRC Allied Inc
PSE:MRC
|
$149.21 |
|
New Star Investment Trust plc
LSE:NSI
|
$149.30 |
|
Pacifica Inc
PSE:PA
|
$149.72 |
|
Bankers Investment Trust
LSE:BNKR
|
$148.50 |
|
Vaporbrands Intl Inc
PINK:VAPR
|
$148.27 |
|
WAHANA OTTOMITRA
MU:WB7
|
$148.01 |
|
Physiomics Plc
LSE:PYC
|
$147.57 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ADDvantage Technologies Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 10,427,000 to 12,047,000, a change of 1,620,000 (15.5%).
- Net income of 471,000 contributed positively to equity growth.
- New share issuances of 1,627,000 increased equity.
- Other factors decreased equity by 478,000.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $471.00K | +3.91% |
| Share Issuances | $1.63 Million | +13.51% |
| Other Changes | $-478.00K | -3.97% |
| Total Change | $- | 15.54% |
Book Value vs Market Value Analysis
This analysis compares ADDvantage Technologies Group Inc'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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-09-30 | $41.17 | $0.00 | x |
| 2017-09-30 | $40.87 | $0.00 | x |
| 2018-09-30 | $33.61 | $0.00 | x |
| 2019-09-30 | $28.42 | $0.00 | x |
| 2020-09-30 | $13.38 | $0.00 | x |
| 2021-09-30 | $8.41 | $0.00 | x |
| 2022-09-30 | $8.93 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ADDvantage Technologies Group Inc 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): 3.91%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.49%
- • Asset Turnover: 3.56x
- • Equity Multiplier: 2.26x
- Recent ROE (3.91%) is above the historical average (-29.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.71% | 0.76% | 0.75x | 1.23x | $-3.87 Million |
| 2017 | -0.24% | -0.20% | 0.87x | 1.34x | $-4.27 Million |
| 2018 | -17.10% | -21.49% | 0.62x | 1.29x | $-9.36 Million |
| 2019 | -12.94% | -6.91% | 1.50x | 1.25x | $-6.75 Million |
| 2020 | -116.07% | -34.54% | 1.54x | 2.18x | $-18.83 Million |
| 2021 | -62.36% | -10.46% | 2.28x | 2.62x | $-7.54 Million |
| 2022 | 3.91% | 0.49% | 3.56x | 2.26x | $-733.70K |
Industry Comparison
This section compares ADDvantage Technologies Group Inc's net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $11,991,132,985
- Average return on equity (ROE) among peers: 12.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ADDvantage Technologies Group Inc (AEYGQ) | $4.79 Million | 0.71% | 2.87x | $148.54 |
| Arrow Electronics Inc (ARW) | $4.47 Billion | 11.71% | 2.18x | $6.72 Billion |
| Avnet Inc (AVT) | $3.73 Billion | -0.83% | 1.19x | $4.87 Billion |
| Climb Global Solutions (CLMB) | $4.60 Million | 23.91% | 4.37x | $297.34 Million |
| PC Connection Inc (CNXN) | $94.20 Million | 24.10% | 1.37x | $629.13 Million |
| Eaco Corp (EACO) | $2.00 Million | 15.00% | 1.45x | $6.60 Million |
| Foxconn Technology Co. Ltd. (FXCOF) | $99.59 Billion | 9.18% | 0.57x | $1.62 Billion |
| ICZOOM Group Inc. Class A Ordinary Shares (IZM) | $3.17 Million | 18.65% | 18.01x | $4.17 Million |
| Jaco Electronics Inc (JACO) | $34.30 Million | 11.08% | 0.78x | $0.91 |
| Klegg Electronics Inc (KLGG) | $-28.46K | 0.00% | 0.00x | $0.94 |