DFYFF
Definity Financial Corporation, together with its subsidiaries, offers property and casualty insurance products in Canada. It provides personal insurance products, including auto, property, and pet insurance products to individuals under the Economical, Sonnet, Family, and Petline brands; and commercial insurance products, includes fleet, commercial auto, property, liability, and specialty insura… Read more
DFYFF (DFYFF) - Net Assets
Latest net assets as of December 2025: $4.29 Billion USD
Based on the latest financial reports, DFYFF (DFYFF) has net assets worth $4.29 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($9.58 Billion) and total liabilities ($5.29 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $4.29 Billion |
| % of Total Assets | 44.82% |
| Annual Growth Rate | 18.75% |
| 5-Year Change | 79.11% |
| 10-Year Change | N/A |
| Growth Volatility | 9.23 |
DFYFF - Net Assets Trend (2020–2025)
This chart illustrates how DFYFF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for DFYFF (2020–2025)
The table below shows the annual net assets of DFYFF from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | $4.29 Billion | +22.42% |
| 2024-09-30 | $3.51 Billion | +16.60% |
| 2023-09-30 | $3.01 Billion | +21.23% |
| 2022-09-30 | $2.48 Billion | +3.51% |
| 2021-09-30 | $2.40 Billion | +31.81% |
| 2020-09-30 | $1.82 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to DFYFF'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 21.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.38 Billion | 33.97% |
| Other Components | $2.67 Billion | 66.03% |
| Total Equity | $4.05 Billion | 100.00% |
DFYFF Competitors by Market Cap
The table below lists competitors of DFYFF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KEDA INDL GRP.C.LTD GDR A
F:T0T
|
$5.51 Billion |
|
Leo Group Co Ltd
SHE:002131
|
$5.52 Billion |
|
Macronix International Co Ltd
TW:2337
|
$5.52 Billion |
|
Definity Financial Corp
TO:DFY
|
$5.52 Billion |
|
Shenzhen Megmeet Electrical Co Ltd
SHE:002851
|
$5.51 Billion |
|
Arca Continental S.A.B. de C.V
PINK:EMBVF
|
$5.51 Billion |
|
Kurita Water Industries Ltd
OTCGREY:KTWIY
|
$5.50 Billion |
|
MINEBEA MITSUMI Inc.
PINK:MINBY
|
$5.50 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DFYFF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,319,800,000 to 4,049,700,000, a change of 729,900,000 (22.0%).
- Net income of 418,200,000 contributed positively to equity growth.
- Dividend payments of 88,500,000 reduced retained earnings.
- Share repurchases of 12,200,000 reduced equity.
- New share issuances of 371,500,000 increased equity.
- Other factors increased equity by 40,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $418.20 Million | +10.33% |
| Dividends Paid | $88.50 Million | -2.19% |
| Share Repurchases | $12.20 Million | -0.3% |
| Share Issuances | $371.50 Million | +9.17% |
| Other Changes | $40.90 Million | +1.01% |
| Total Change | $- | 21.99% |
Book Value vs Market Value Analysis
This analysis compares DFYFF'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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.66x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | $17.48 | $46.53 | x |
| 2021-09-30 | $20.68 | $46.53 | x |
| 2022-09-30 | $20.47 | $46.53 | x |
| 2023-09-30 | $24.57 | $46.53 | x |
| 2024-09-30 | $29.12 | $46.53 | x |
| 2025-09-30 | $33.78 | $46.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DFYFF 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): 10.33%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.58%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.36x
- Recent ROE (10.33%) is above the historical average (9.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 8.47% | 5.71% | 0.41x | 3.64x | $-27.90 Million |
| 2021 | 8.90% | 7.31% | 0.37x | 3.29x | $-26.43 Million |
| 2022 | 4.68% | 3.70% | 0.36x | 3.51x | $-126.29 Million |
| 2023 | 12.29% | 8.68% | 0.56x | 2.55x | $65.33 Million |
| 2024 | 12.96% | 9.55% | 0.59x | 2.32x | $98.42 Million |
| 2025 | 10.33% | 8.58% | 0.51x | 2.36x | $13.23 Million |
Industry Comparison
This section compares DFYFF's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
Industry Context
- Industry: Insurance - Property & Casualty
- Average net assets among peers: $3,948,110,200
- Average return on equity (ROE) among peers: 16.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DFYFF (DFYFF) | $4.29 Billion | 8.47% | 1.23x | $5.51 Billion |
| American Coastal Insurance Corp (ACIC) | $45.29 Million | -2.04% | 3.72x | $250.00 Million |
| American Financial Group Inc (AFG) | $1.95 Billion | -0.76% | 7.91x | $8.54 Billion |
| AmTrust Financial Services Inc Pref Series A (AFSIA) | $118.83 Million | 11.87% | 3.19x | $1.69 Billion |
| Aspen Insurance Holdings Limited (AHL) | $2.39 Billion | 15.82% | 1.78x | $14.67 Million |
| American Integrity Insurance Group, Inc. (AII) | $337.02 Million | 29.56% | 2.63x | $227.08 Million |
| Assurant Inc (AIZ) | $3.37 Billion | 2.66% | 6.24x | $10.74 Billion |
| The Allstate Corporation (ALL) | $30.61 Billion | 33.59% | 2.91x | $53.61 Billion |
| Admiral Group plc (AMIGF) | $68.95 Million | 44.87% | 4.47x | $10.33 Billion |
| Ategrity Specialty Insurance Company Holdings (ASIC) | $398.81 Million | 11.81% | 1.82x | $155.46 Million |
| Bowhead Specialty Holdings Inc. (BOW) | $192.08 Million | 13.04% | 4.35x | $707.67 Million |