DAC Technologies Group International Inc
DAC Technologies Group International, Inc. manufactures and markets consumer products for wholesale, retail, and OEM gun manufacturing markets. The company specializes in gun cleaning kits, gun safety devices, security items, and other outdoor products. It offers products in the categories of gun cleaning kits and accessories, other shooting and outdoor accessories, licensed products, gun locks, … Read more
DAC Technologies Group International Inc (DAAT) - Net Assets
Latest net assets as of September 2010: $5.32 Million USD
Based on the latest financial reports, DAC Technologies Group International Inc (DAAT) has net assets worth $5.32 Million USD as of September 2010.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($6.95 Million) and total liabilities ($1.63 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 | $5.32 Million |
| % of Total Assets | 76.61% |
| Annual Growth Rate | 33.14% |
| 5-Year Change | 44.55% |
| 10-Year Change | 833.44% |
| Growth Volatility | 50.25 |
DAC Technologies Group International Inc - Net Assets Trend (1998–2009)
This chart illustrates how DAC Technologies Group International 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 DAC Technologies Group International Inc (1998–2009)
The table below shows the annual net assets of DAC Technologies Group International Inc from 1998 to 2009.
| Year | Net Assets | Change |
|---|---|---|
| 2009-12-31 | $5.53 Million | +10.48% |
| 2008-12-31 | $5.01 Million | +6.19% |
| 2007-12-31 | $4.71 Million | +5.25% |
| 2006-12-31 | $4.48 Million | +17.07% |
| 2005-12-31 | $3.83 Million | +46.43% |
| 2004-12-31 | $2.61 Million | +184.32% |
| 2003-12-31 | $918.92K | +33.49% |
| 2002-12-31 | $688.37K | +19.16% |
| 2001-12-31 | $577.69K | -2.49% |
| 2000-12-31 | $592.46K | +48.26% |
| 1999-12-31 | $399.62K | +68.39% |
| 1998-12-31 | $237.31K | -- |
Equity Component Analysis
This analysis shows how different components contribute to DAC Technologies Group International 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 grown by 431985200.0% over the analyzed period, indicating profitable operations and earnings retention.
- The company has 7.3% of equity in treasury stock, representing shares repurchased from the open market.
Current Equity Component Breakdown (December 2009)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.96 Million | 71.64% |
| Common Stock | $6.32K | 0.11% |
| Treasury Stock | $401.00K | 7.25% |
| Other Components | $1.96 Million | 35.50% |
| Total Equity | $5.53 Million | 100.00% |
DAC Technologies Group International Inc Competitors by Market Cap
The table below lists competitors of DAC Technologies Group International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INVESTIGATOR
BE:VOP
|
$97.14 |
|
Pet Ecology Brands Inc
PINK:PECD
|
$97.37 |
|
LifeQuest World Corporation
PINK:LQWC
|
$97.41 |
|
TwentyFour Select Monthly Income Fund Ltd
LSE:SMIF
|
$97.59 |
|
BUMI RESOURCES -A- (PJM.SG)
STU:PJM
|
$96.41 |
|
SINO-OCEAN GP (3SD.SG)
STU:3SD
|
$96.34 |
|
China Cgame Inc.
PINK:CCGM
|
$95.87 |
|
YUANDA CHINA
BE:0YC
|
$95.84 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DAC Technologies Group International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2008 to 2009, total equity changed from 5,005,598 to 5,530,234, a change of 524,636 (10.5%).
- Net income of 553,555 contributed positively to equity growth.
- Share repurchases of 28,919 reduced equity.
Equity Change Factors (2008 to 2009)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $553.55K | +10.01% |
| Share Repurchases | $28.92K | -0.52% |
| Total Change | $- | 10.48% |
Book Value vs Market Value Analysis
This analysis compares DAC Technologies Group International 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: 0.01x
- 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 0.21x to 0.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | $0.05 | $0.01 | x |
| 1999-12-31 | $0.08 | $0.01 | x |
| 2000-12-31 | $0.11 | $0.01 | x |
| 2001-12-31 | $0.11 | $0.01 | x |
| 2002-12-31 | $0.12 | $0.01 | x |
| 2003-12-31 | $0.16 | $0.01 | x |
| 2004-12-31 | $0.44 | $0.01 | x |
| 2005-12-31 | $0.62 | $0.01 | x |
| 2006-12-31 | $0.73 | $0.01 | x |
| 2007-12-31 | $0.77 | $0.01 | x |
| 2008-12-31 | $0.83 | $0.01 | x |
| 2009-12-31 | $0.95 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DAC Technologies Group International 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): 10.01%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.77%
- • Asset Turnover: 2.20x
- • Equity Multiplier: 1.21x
- Recent ROE (10.01%) is above the historical average (8.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1998 | -24.30% | -2.82% | 2.18x | 3.95x | $-81.39K |
| 1999 | 30.38% | 5.68% | 1.76x | 3.03x | $81.44K |
| 2000 | 12.62% | 3.48% | 1.56x | 2.33x | $15.54K |
| 2001 | -70.05% | -20.39% | 1.13x | 3.03x | $-462.43K |
| 2002 | 1.86% | 0.46% | 1.12x | 3.56x | $-56.03K |
| 2003 | 34.72% | 6.71% | 2.36x | 2.20x | $227.19K |
| 2004 | 38.73% | 10.82% | 2.09x | 1.71x | $750.64K |
| 2005 | 30.86% | 8.84% | 2.43x | 1.44x | $797.96K |
| 2006 | 16.81% | 4.86% | 2.41x | 1.43x | $304.96K |
| 2007 | 7.23% | 2.31% | 2.00x | 1.57x | $-130.49K |
| 2008 | 7.13% | 2.09% | 2.76x | 1.23x | $-143.87K |
| 2009 | 10.01% | 3.77% | 2.20x | 1.21x | $531.60 |
Industry Comparison
This section compares DAC Technologies Group International Inc's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,667,465,281
- Average return on equity (ROE) among peers: -62.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DAC Technologies Group International Inc (DAAT) | $5.32 Million | -24.30% | 0.31x | $97.05 |
| All American Gld Crp (AAGC) | $-82.46K | 0.00% | 0.00x | $8.97 |
| Aureus Greenway Holdings Inc. Common Stock (AGH) | $1.07 Million | -17.18% | 3.87x | $36.62 Million |
| Altitude International Holdings Inc (ALTD) | $-2.35 Million | 0.00% | 0.00x | $24.11K |
| ANTA Sports Products Ltd (ANPDF) | $25.82 Billion | 19.99% | 1.01x | $13.79 Billion |
| American Outdoor Brands Inc (AOUT) | $177.93 Million | -6.88% | 0.35x | $91.40 Million |
| Amer Sports, Inc. (AS) | $33.42 Million | -377.97% | 208.21x | $5.64 Billion |
| Arvana Inc (AVNI) | $-1.98 Million | 0.00% | 0.00x | $21.93 Million |
| Vinco Ventures Inc (BBIG) | $7.45 Million | -190.48% | 2.17x | $7.00K |
| Bowlero Corp (BOWL) | $330.12 Million | -38.31% | 4.40x | $216.09 Million |
| Basic-Fit N.V (BSFFF) | $305.08 Million | -10.61% | 1.14x | $829.31 Million |