FP Newspapers Inc
FP Newspapers Inc. publishes, prints, and distributes daily and weekly newspapers, and specialty publications in Manitoba. The company owns and publishes the Winnipeg Free Press and Brandon Sun, and other newspapers; and engages in printing and media businesses. It also delivers advertising materials, as well as provides commercial printing and digital services. FP Newspapers Inc. was founded in … Read more
FP Newspapers Inc (FPNUF) - Net Assets
Latest net assets as of September 2025: $7.04 Million USD
Based on the latest financial reports, FP Newspapers Inc (FPNUF) has net assets worth $7.04 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($7.86 Million) and total liabilities ($824.00K). 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 | $7.04 Million |
| % of Total Assets | 89.52% |
| Annual Growth Rate | -8.14% |
| 5-Year Change | 21.38% |
| 10-Year Change | -46.91% |
| Growth Volatility | 30.73 |
FP Newspapers Inc - Net Assets Trend (2002–2024)
This chart illustrates how FP Newspapers 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 FP Newspapers Inc (2002–2024)
The table below shows the annual net assets of FP Newspapers Inc from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $6.62 Million | +79.14% |
| 2023-12-31 | $3.69 Million | -38.30% |
| 2022-12-31 | $5.99 Million | -3.06% |
| 2021-12-31 | $6.18 Million | +13.28% |
| 2020-12-31 | $5.45 Million | +41.08% |
| 2019-12-31 | $3.87 Million | +21.66% |
| 2018-12-31 | $3.18 Million | -34.39% |
| 2017-12-31 | $4.84 Million | -25.35% |
| 2016-12-31 | $6.49 Million | -47.98% |
| 2015-12-31 | $12.47 Million | -66.22% |
| 2014-12-31 | $36.91 Million | -11.30% |
| 2013-12-31 | $41.61 Million | -1.53% |
| 2012-12-31 | $42.26 Million | +0.01% |
| 2011-12-31 | $42.26 Million | -29.53% |
| 2010-12-31 | $59.96 Million | +10.95% |
| 2009-12-31 | $54.04 Million | +13.63% |
| 2008-12-31 | $47.56 Million | -20.78% |
| 2007-12-31 | $60.03 Million | +15.71% |
| 2006-12-31 | $51.88 Million | -1.98% |
| 2005-12-31 | $52.93 Million | +1.38% |
| 2004-12-31 | $52.21 Million | +2.31% |
| 2003-12-31 | $51.03 Million | +19.06% |
| 2002-12-31 | $42.86 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FP Newspapers 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 6475400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $71.37 Million | 1078.30% |
| Total Equity | $6.62 Million | 100.00% |
FP Newspapers Inc Competitors by Market Cap
The table below lists competitors of FP Newspapers Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ensign Group Inc
STU:EGB
|
$1.85 Million |
|
Feishang Anthracite Resources Limited
PINK:FSHRF
|
$1.85 Million |
|
Communication Cable Systems Indonesia Tbk PT
JK:CCSI
|
$1.85 Million |
|
Papyrus Australia Ltd
AU:PPY
|
$1.85 Million |
|
Ck Infra Holdings Ltd
LSE:CKI
|
$1.85 Million |
|
Quest PharmaTech Inc
PINK:QPTFF
|
$1.85 Million |
|
Metrospaces Inc
PINK:MSPC
|
$1.85 Million |
|
Ricky Putra Globalindo Tbk
JK:RICY
|
$1.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FP Newspapers Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,694,786 to 6,619,000, a change of 2,924,214 (79.1%).
- Net income of 1,724,901 contributed positively to equity growth.
- Other factors increased equity by 1,199,313.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.72 Million | +26.06% |
| Other Changes | $1.20 Million | +18.12% |
| Total Change | $- | 79.14% |
Book Value vs Market Value Analysis
This analysis compares FP Newspapers 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: 0.40x
- 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 increased from 0.21x to 0.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $1.81 | $0.38 | x |
| 2016-12-31 | $0.94 | $0.38 | x |
| 2017-12-31 | $0.70 | $0.38 | x |
| 2018-12-31 | $0.46 | $0.38 | x |
| 2019-12-31 | $0.56 | $0.38 | x |
| 2020-12-31 | $0.79 | $0.38 | x |
| 2021-12-31 | $0.89 | $0.38 | x |
| 2022-12-31 | $0.87 | $0.38 | x |
| 2023-12-31 | $0.54 | $0.38 | x |
| 2024-12-31 | $0.96 | $0.38 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FP Newspapers 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): 26.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 132.26%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 1.05x
- Recent ROE (26.06%) is above the historical average (-10.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 10.78% | 0.00% | 0.00x | 1.01x | $396.22K |
| 2004 | 8.52% | 0.00% | 0.00x | 1.01x | $-773.82K |
| 2005 | 12.66% | 0.00% | 0.00x | 1.01x | $1.41 Million |
| 2006 | 12.69% | 0.00% | 0.00x | 1.01x | $1.40 Million |
| 2007 | 13.32% | 0.00% | 0.00x | 1.04x | $1.99 Million |
| 2008 | 11.55% | 0.00% | 0.00x | 1.05x | $735.62K |
| 2009 | 12.05% | 0.00% | 0.00x | 1.04x | $1.11 Million |
| 2010 | 11.99% | 0.00% | 0.00x | 1.03x | $1.19 Million |
| 2011 | 0.00% | 0.00% | 0.00x | 1.06x | $-4.23 Million |
| 2012 | 12.29% | 0.00% | 0.00x | 1.09x | $969.36K |
| 2013 | 11.05% | 70.15% | 0.15x | 1.03x | $436.61K |
| 2014 | 9.44% | 70.59% | 0.13x | 1.02x | $-206.17K |
| 2015 | -190.20% | -608.86% | 0.31x | 1.01x | $-24.96 Million |
| 2016 | -147.20% | -399.28% | 0.33x | 1.13x | $-10.20 Million |
| 2017 | -35.50% | -92.14% | 0.33x | 1.18x | $-2.20 Million |
| 2018 | -61.65% | -166.10% | 0.31x | 1.21x | $-2.28 Million |
| 2019 | 37.36% | 86.84% | 0.38x | 1.14x | $1.06 Million |
| 2020 | 73.06% | 90.68% | 0.68x | 1.18x | $3.44 Million |
| 2021 | 14.02% | 107.59% | 0.12x | 1.12x | $248.30K |
| 2022 | 5.08% | 46.56% | 0.10x | 1.04x | $-294.79K |
| 2023 | -87.18% | 0.00% | -0.78x | 1.07x | $-3.59 Million |
| 2024 | 26.06% | 132.26% | 0.19x | 1.05x | $1.06 Million |
Industry Comparison
This section compares FP Newspapers Inc's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $80,300,107
- Average return on equity (ROE) among peers: -12.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FP Newspapers Inc (FPNUF) | $7.04 Million | 10.78% | 0.12x | $1.85 Million |
| COMTEX News Network Inc (CMTX) | $1.11 Million | -9.63% | 1.06x | $53.99K |
| Dallasnews Corp (DALN) | $12.36 Million | -79.16% | 4.85x | $64.35 Million |
| Digitiliti Inc (DIGI) | $-3.26 Million | 0.00% | 0.00x | $0.95 |
| The Detroit Legal News Company (DTRL) | $13.13 Million | 29.84% | 0.39x | $2.95 Million |
| Educational Development Corporation (EDUC) | $12.58 Million | 2.84% | 0.33x | $8.68 Million |
| Fame Productions Inc (FMPR) | $-616.17K | 0.00% | 0.00x | $489.02 |
| Future plc (FRNWF) | $195.57 Million | -31.07% | 0.78x | $707.50 Million |
| Gannett Co Inc (GCI) | $295.37 Million | -26.41% | 7.10x | $199.39 Million |
| Glacier Media Inc (GLMFF) | $196.46 Million | -2.48% | 0.38x | $4.43 Million |