Empire Company Limited
Empire Company Limited, together with its subsidiaries, engages in the food retail and related real estate businesses in Canada. It operates through two segments, Food Retailing, and Investments and Other Operations. The company owns, affiliates, and franchises retail stores under the Sobeys, Safeway, IGA, Foodland, FreshCo, Thrifty Foods, Farm Boy, Longo's, and Lawtons Drugs brands; operates gro… Read more
Empire Company Limited (EMLAF) - Net Assets
Latest net assets as of October 2025: $4.02 Billion USD
Based on the latest financial reports, Empire Company Limited (EMLAF) has net assets worth $4.02 Billion USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($12.27 Billion) and total liabilities ($8.25 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 | $4.02 Billion |
| % of Total Assets | 32.75% |
| Annual Growth Rate | 8.8% |
| 5-Year Change | 21.1% |
| 10-Year Change | 50.53% |
| Growth Volatility | 22.44 |
Empire Company Limited - Net Assets Trend (1996–2025)
This chart illustrates how Empire Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Empire Company Limited (1996–2025)
The table below shows the annual net assets of Empire Company Limited from 1996 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $5.54 Billion | +1.38% |
| 2024-04-30 | $5.47 Billion | +2.47% |
| 2023-04-30 | $5.34 Billion | -2.69% |
| 2022-04-30 | $5.48 Billion | +19.79% |
| 2021-04-30 | $4.58 Billion | +11.90% |
| 2020-04-30 | $4.09 Billion | -1.96% |
| 2019-04-30 | $4.17 Billion | +10.70% |
| 2018-04-30 | $3.77 Billion | +1.81% |
| 2017-04-30 | $3.70 Billion | +0.53% |
| 2016-04-30 | $3.68 Billion | -38.99% |
| 2015-04-30 | $6.04 Billion | +5.14% |
| 2014-04-30 | $5.74 Billion | +52.86% |
| 2013-04-30 | $3.76 Billion | +9.46% |
| 2012-04-30 | $3.43 Billion | +7.30% |
| 2011-04-30 | $3.20 Billion | +7.02% |
| 2010-04-30 | $2.99 Billion | +9.95% |
| 2009-04-30 | $2.72 Billion | +12.31% |
| 2008-04-30 | $2.42 Billion | -11.02% |
| 2007-04-30 | $2.72 Billion | +6.63% |
| 2006-04-30 | $2.55 Billion | +12.59% |
| 2005-04-30 | $2.27 Billion | +7.43% |
| 2004-04-30 | $2.11 Billion | +7.24% |
| 2003-04-30 | $1.97 Billion | +11.00% |
| 2002-04-30 | $1.77 Billion | +16.39% |
| 2001-04-30 | $1.52 Billion | +66.27% |
| 2000-04-30 | $915.40 Million | -10.65% |
| 1999-04-30 | $1.02 Billion | +83.50% |
| 1998-04-30 | $558.30 Million | +16.39% |
| 1997-04-30 | $479.70 Million | -0.10% |
| 1996-04-30 | $480.20 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Empire Company Limited'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 1854.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.70 Billion | 68.34% |
| Common Stock | $1.66 Billion | 30.68% |
| Other Comprehensive Income | $23.00 Million | 0.43% |
| Other Components | $30.00 Million | 0.55% |
| Total Equity | $5.41 Billion | 100.00% |
Empire Company Limited Competitors by Market Cap
The table below lists competitors of Empire Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SpareBank 1 SR-Bank ASA
OTCGREY:SBRKF
|
$4.23 Billion |
|
China Merchants Shekou Industrial Zone Holdings
SHE:001979
|
$4.23 Billion |
|
NEXGEN ENERGY LTD CDI/1
F:6NEA
|
$4.23 Billion |
|
Kingfa Sci&Tech Co Ltd
SHG:600143
|
$4.23 Billion |
|
Kyushu Electric Power Company Incorporated
PINK:KYSEF
|
$4.23 Billion |
|
DESTEK FINANS FAKTORING
IS:DSTKF
|
$4.23 Billion |
|
Science Applications International Corporation Common Stock
NASDAQ:SAIC
|
$4.23 Billion |
|
Schibsted ASA B
OL:SCHB
|
$4.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Empire Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,341,100,000 to 5,410,000,000, a change of 68,900,000 (1.3%).
- Net income of 700,000,000 contributed positively to equity growth.
- Dividend payments of 192,000,000 reduced retained earnings.
- Share repurchases of 400,000,000 reduced equity.
- Other comprehensive income increased equity by 1,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $700.00 Million | +12.94% |
| Dividends Paid | $192.00 Million | -3.55% |
| Share Repurchases | $400.00 Million | -7.39% |
| Other Comprehensive Income | $1.90 Million | +0.04% |
| Other Changes | $-41.00 Million | -0.76% |
| Total Change | $- | 1.29% |
Book Value vs Market Value Analysis
This analysis compares Empire Company Limited'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: 1.49x
- 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 15.88x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-04-30 | $2.12 | $33.68 | x |
| 1997-04-30 | $2.16 | $33.68 | x |
| 1998-04-30 | $2.51 | $33.68 | x |
| 1999-04-30 | $3.28 | $33.68 | x |
| 2000-04-30 | $2.58 | $33.68 | x |
| 2001-04-30 | $5.66 | $33.68 | x |
| 2002-04-30 | $6.47 | $33.68 | x |
| 2003-04-30 | $7.22 | $33.68 | x |
| 2004-04-30 | $7.94 | $33.68 | x |
| 2005-04-30 | $8.66 | $33.68 | x |
| 2006-04-30 | $9.97 | $33.68 | x |
| 2007-04-30 | $10.81 | $33.68 | x |
| 2008-04-30 | $12.09 | $33.68 | x |
| 2009-04-30 | $13.57 | $33.68 | x |
| 2010-04-30 | $14.37 | $33.68 | x |
| 2011-04-30 | $15.46 | $33.68 | x |
| 2012-04-30 | $16.63 | $33.68 | x |
| 2013-04-30 | $18.24 | $33.68 | x |
| 2014-04-30 | $23.69 | $33.68 | x |
| 2015-04-30 | $21.59 | $33.68 | x |
| 2016-04-30 | $13.22 | $33.68 | x |
| 2017-04-30 | $13.40 | $33.68 | x |
| 2018-04-30 | $13.61 | $33.68 | x |
| 2019-04-30 | $14.69 | $33.68 | x |
| 2020-04-30 | $14.46 | $33.68 | x |
| 2021-04-30 | $16.24 | $33.68 | x |
| 2022-04-30 | $18.75 | $33.68 | x |
| 2023-04-30 | $20.05 | $33.68 | x |
| 2024-04-30 | $21.50 | $33.68 | x |
| 2025-04-30 | $22.67 | $33.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Empire Company Limited 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): 12.94%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.24%
- • Asset Turnover: 1.84x
- • Equity Multiplier: 3.15x
- Recent ROE (12.94%) is above the historical average (10.27%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 3.22% | 0.52% | 1.68x | 3.65x | $-32.19 Million |
| 1997 | 10.28% | 1.57% | 1.75x | 3.75x | $1.35 Million |
| 1998 | 15.40% | 2.59% | 1.74x | 3.42x | $30.17 Million |
| 1999 | 18.04% | 2.09% | 1.59x | 5.45x | $59.33 Million |
| 2000 | 14.12% | 0.76% | 2.68x | 6.92x | $24.82 Million |
| 2001 | 51.93% | 6.21% | 2.19x | 3.82x | $467.50 Million |
| 2002 | 15.19% | 1.97% | 2.30x | 3.35x | $66.94 Million |
| 2003 | 10.76% | 1.45% | 2.35x | 3.16x | $10.89 Million |
| 2004 | 10.98% | 1.53% | 2.41x | 2.99x | $15.34 Million |
| 2005 | 10.90% | 1.50% | 2.52x | 2.88x | $15.40 Million |
| 2006 | 15.09% | 2.27% | 2.59x | 2.57x | $99.98 Million |
| 2007 | 9.66% | 1.54% | 2.55x | 2.46x | $-7.31 Million |
| 2008 | 13.26% | 2.25% | 2.45x | 2.41x | $77.57 Million |
| 2009 | 9.88% | 1.76% | 2.55x | 2.20x | $-3.18 Million |
| 2010 | 10.23% | 1.95% | 2.48x | 2.12x | $6.66 Million |
| 2011 | 12.67% | 2.51% | 2.45x | 2.06x | $84.39 Million |
| 2012 | 9.99% | 2.09% | 2.35x | 2.04x | $-230.00K |
| 2013 | 10.19% | 2.18% | 2.44x | 1.92x | $7.02 Million |
| 2014 | 4.13% | 1.12% | 1.71x | 2.15x | $-334.65 Million |
| 2015 | 7.00% | 1.75% | 2.09x | 1.92x | $-179.38 Million |
| 2016 | -58.80% | -8.66% | 2.69x | 2.52x | $-2.49 Billion |
| 2017 | 4.35% | 0.67% | 2.74x | 2.39x | $-205.92 Million |
| 2018 | 4.31% | 0.66% | 2.80x | 2.34x | $-210.78 Million |
| 2019 | 9.67% | 1.54% | 2.62x | 2.40x | $-13.03 Million |
| 2020 | 14.87% | 2.19% | 1.82x | 3.73x | $191.04 Million |
| 2021 | 16.04% | 2.48% | 1.86x | 3.47x | $264.23 Million |
| 2022 | 14.94% | 2.47% | 1.82x | 3.32x | $246.65 Million |
| 2023 | 13.19% | 2.25% | 1.85x | 3.17x | $165.96 Million |
| 2024 | 13.58% | 2.35% | 1.83x | 3.14x | $191.09 Million |
| 2025 | 12.94% | 2.24% | 1.84x | 3.15x | $159.00 Million |
Industry Comparison
This section compares Empire Company Limited's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $14,173,591,586
- Average return on equity (ROE) among peers: 20.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Empire Company Limited (EMLAF) | $4.02 Billion | 3.22% | 2.05x | $4.23 Billion |
| Albertsons Companies (ACI) | $2.28 Billion | 20.47% | 10.97x | $6.24 Billion |
| Koninklijke Ahold Delhaize NV (AHODF) | $16.28 Billion | 5.10% | 1.23x | $32.57 Billion |
| Sendas Distribuidora S.A. (ASAIY) | $2.77 Billion | 58.21% | 7.26x | $2.52 Billion |
| Bim Birlesik Magazalar (BMBRF) | $813.01 Million | 40.75% | 1.62x | $5.01 Billion |
| BMTHF (BMTHF) | $306.68 Million | 3.95% | 1.25x | $60.88 Million |
| Carrefour SA (CRERF) | $10.95 Billion | 11.59% | 3.76x | $8.90 Billion |
| CP ALL Public Company Limited (CVPBF) | $99.82 Billion | 20.97% | 2.74x | $9.06 Billion |
| Dairy Farm International Holdings Limited (DFILF) | $1.76 Billion | 22.92% | 2.11x | $3.57 Billion |
| Dino Polska S.A. (DNOPF) | $5.61 Billion | 25.07% | 0.85x | $11.25 Billion |
| Krispy Kreme Inc (DNUT) | $1.16 Billion | 0.27% | 1.64x | $317.96 Million |