Express, Inc.
Express, Inc. operates as a fashion retail company that offers apparel and accessories in the United States and Puerto Rico. The company sells its products under the UpWest and Express brands for men and women through its retail and factory outlet stores; express.com, an online store; and Express mobile app, as well as franchisees Express locations in Latin America. The company was formerly known… Read more
Express, Inc. (EXPRQ) - Net Assets
Latest net assets as of January 2024: $93.77 Million USD
Based on the latest financial reports, Express, Inc. (EXPRQ) has net assets worth $93.77 Million USD as of January 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.29 Billion) and total liabilities ($1.20 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 | $93.77 Million |
| % of Total Assets | 7.27% |
| Annual Growth Rate | -30.69% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 10175.37 |
Express, Inc. - Net Assets Trend (2019–2023)
This chart illustrates how Express, 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 Express, Inc. (2019–2023)
The table below shows the annual net assets of Express, Inc. from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-10-31 | $93.77 Million | -69.51% |
| 2022-10-31 | $307.57 Million | +23414.45% |
| 2021-10-31 | $1.31 Million | -86.50% |
| 2020-10-31 | $9.69 Million | -97.62% |
| 2019-10-31 | $406.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Express, 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 75.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (October 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $130.75 Million | 139.44% |
| Common Stock | $50.00K | 0.05% |
| Total Equity | $93.77 Million | 100.00% |
Express, Inc. Competitors by Market Cap
The table below lists competitors of Express, Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LZG International Inc
OTCQB:LZGI
|
$15.77K |
|
Mobico Group Plc
LSE:MCG
|
$15.77K |
|
FIEI3F
SA:FIEI3F
|
$15.77K |
|
MASTRAD EO-02
F:7ZV
|
$15.78K |
|
Data Call Technologi
PINK:DCLT
|
$15.75K |
|
TRANGCORP Corporation JSC
VN:TFC
|
$15.75K |
|
Minsur S.A.
LIM:MINSURI1
|
$15.74K |
|
Ismailia National Food Industries
EGX:INFI
|
$15.72K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Express, Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 307,569,000 to 93,767,000, a change of -213,802,000 (-69.5%).
- Net loss of 208,539,000 reduced equity.
- Share repurchases of 371,000 reduced equity.
- Other factors decreased equity by 4,892,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-208.54 Million | -222.4% |
| Share Repurchases | $371.00K | -0.4% |
| Other Changes | $-4.89 Million | -5.22% |
| Total Change | $- | -69.51% |
Book Value vs Market Value Analysis
This analysis compares Express, 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 |
|---|---|---|---|
| 2019-10-31 | $122.87 | $0.01 | x |
| 2020-10-31 | $3.00 | $0.01 | x |
| 2021-10-31 | $0.39 | $0.01 | x |
| 2022-10-31 | $89.08 | $0.01 | x |
| 2023-10-31 | $25.13 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Express, 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): -222.40%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.25%
- • Asset Turnover: 1.44x
- • Equity Multiplier: 13.75x
- Recent ROE (-222.40%) is above the historical average (-1091.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -40.45% | -8.14% | 0.97x | 5.14x | $-204.99 Million |
| 2020 | -4184.63% | -33.55% | 0.71x | 174.93x | $-406.42 Million |
| 2021 | -1103.67% | -0.77% | 1.31x | 1094.20x | $-14.57 Million |
| 2022 | 95.53% | 15.76% | 1.19x | 5.08x | $263.08 Million |
| 2023 | -222.40% | -11.25% | 1.44x | 13.75x | $-217.92 Million |
Industry Comparison
This section compares Express, Inc.'s net assets metrics with peer companies in the Apparel Retail industry.
Industry Context
- Industry: Apparel Retail
- Average net assets among peers: $596,574,747
- Average return on equity (ROE) among peers: 4.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Express, Inc. (EXPRQ) | $93.77 Million | -40.45% | 12.75x | $15.76K |
| American Eagle Outfitters Inc (AEO) | $90.81 Million | 21.51% | 0.59x | $2.70 Billion |
| AKA Brands Holding Corp (AKA) | $148.62 Million | -66.54% | 1.43x | $8.64 Million |
| Abercrombie & Fitch Company (ANF) | $1.86 Billion | 6.85% | 0.64x | $3.90 Billion |
| Aritzia Inc (ATZAF) | $112.68 Million | 28.73% | 2.56x | $2.85 Billion |
| Allbirds Inc (BIRD) | $185.33 Million | -82.26% | 0.78x | $17.13 Million |
| Buckle Inc (BKE) | $389.15 Million | 26.84% | 1.23x | $1.53 Billion |
| Boot Barn Holdings Inc (BOOT) | $599.68 Million | 32.09% | 1.00x | $4.86 Billion |
| BrilliA Inc (BRIA) | $6.50 Million | 66.75% | 2.42x | $11.61 Million |
| Burlington Stores Inc (BURL) | $-150.47 Million | 0.00% | 0.00x | $18.67 Billion |
| Boozt AB (publ) (BZTAF) | $2.72 Billion | 8.57% | 1.19x | $605.80 Million |