TFF Group
TFF Group, together with its subsidiaries, engages in the wine and spirits ageing in the United States, Europe, France, Asia, and internationally. It is involved in the forestry business, wine cooperage, stave milling, whisky and bourbon cooperage, cask making, and stainless-steel vat making. The company also offers wood products for oenology. It serves the wine, bourbon, and whisky markets. The … Read more
TFF Group (FRFTF) - Net Assets
Latest net assets as of October 2025: $517.21 Million USD
Based on the latest financial reports, TFF Group (FRFTF) has net assets worth $517.21 Million USD as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($981.52 Million) and total liabilities ($464.31 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 | $517.21 Million |
| % of Total Assets | 52.69% |
| Annual Growth Rate | 9.58% |
| 5-Year Change | 38.7% |
| 10-Year Change | 87.6% |
| Growth Volatility | 6.09 |
TFF Group - Net Assets Trend (2005–2025)
This chart illustrates how TFF Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TFF Group (2005–2025)
The table below shows the annual net assets of TFF Group from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | $518.37 Million | +1.42% |
| 2024-04-30 | $511.12 Million | +10.58% |
| 2023-04-30 | $462.24 Million | +8.48% |
| 2022-04-30 | $426.12 Million | +14.02% |
| 2021-04-30 | $373.74 Million | +2.34% |
| 2020-04-30 | $365.19 Million | +5.39% |
| 2019-04-30 | $346.53 Million | +8.90% |
| 2018-04-30 | $318.21 Million | +4.43% |
| 2017-04-30 | $304.72 Million | +10.28% |
| 2016-04-30 | $276.31 Million | +7.77% |
| 2015-04-30 | $256.40 Million | +20.37% |
| 2014-04-30 | $213.01 Million | +8.23% |
| 2013-04-30 | $196.80 Million | +10.48% |
| 2012-04-30 | $178.13 Million | +10.39% |
| 2011-04-30 | $161.37 Million | +6.53% |
| 2010-04-30 | $151.48 Million | +12.23% |
| 2009-04-30 | $134.98 Million | +11.48% |
| 2008-04-30 | $121.08 Million | +28.90% |
| 2006-04-30 | $93.93 Million | +12.96% |
| 2005-04-30 | $83.15 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TFF Group'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 168.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $30.70 Million | 6.30% |
| Common Stock | $8.67 Million | 1.78% |
| Other Comprehensive Income | $448.19 Million | 91.92% |
| Total Equity | $487.57 Million | 100.00% |
TFF Group Competitors by Market Cap
The table below lists competitors of TFF Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Winstek Semiconductor Co Ltd
TWO:3265
|
$270.48 Million |
|
PYC Therapeutics Ltd
AU:PYC
|
$270.49 Million |
|
Parke Bancorp Inc
NASDAQ:PKBK
|
$270.53 Million |
|
Blue Water Acquisition Corp. III Unit.
NASDAQ:BLUWU
|
$270.61 Million |
|
Guangzhou Newlife New Material Co. Ltd. A
SHE:301323
|
$270.41 Million |
|
Nika BioTechnology Inc
PINK:NIKA
|
$270.40 Million |
|
Ginkgo Bioworks Holdings
NYSE:DNA
|
$270.35 Million |
|
Suwen Electric Energy Technology Co.Ltd
SHE:300982
|
$270.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TFF Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 489,701,000 to 487,567,000, a change of -2,134,000 (-0.4%).
- Net income of 30,705,000 contributed positively to equity growth.
- Dividend payments of 13,726,000 reduced retained earnings.
- Other comprehensive income increased equity by 23,608,000.
- Other factors decreased equity by 42,721,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $30.70 Million | +6.3% |
| Dividends Paid | $13.73 Million | -2.82% |
| Other Comprehensive Income | $23.61 Million | +4.84% |
| Other Changes | $-42.72 Million | -8.76% |
| Total Change | $- | -0.44% |
Book Value vs Market Value Analysis
This analysis compares TFF Group'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: 1.90x
- 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 11.23x to 1.90x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-04-30 | $3.81 | $42.75 | x |
| 2006-04-30 | $4.30 | $42.75 | x |
| 2008-04-30 | $5.53 | $42.75 | x |
| 2009-04-30 | $6.17 | $42.75 | x |
| 2010-04-30 | $6.91 | $42.75 | x |
| 2011-04-30 | $7.36 | $42.75 | x |
| 2012-04-30 | $8.12 | $42.75 | x |
| 2013-04-30 | $8.98 | $42.75 | x |
| 2014-04-30 | $9.72 | $42.75 | x |
| 2015-04-30 | $11.68 | $42.75 | x |
| 2016-04-30 | $12.59 | $42.75 | x |
| 2017-04-30 | $13.87 | $42.75 | x |
| 2018-04-30 | $14.49 | $42.75 | x |
| 2019-04-30 | $15.78 | $42.75 | x |
| 2020-04-30 | $16.64 | $42.75 | x |
| 2021-04-30 | $17.00 | $42.75 | x |
| 2022-04-30 | $18.80 | $42.75 | x |
| 2023-04-30 | $20.41 | $42.75 | x |
| 2024-04-30 | $22.59 | $42.75 | x |
| 2025-04-30 | $22.50 | $42.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TFF Group 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): 6.30%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.22%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 2.04x
- Recent ROE (6.30%) is below the historical average (10.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 13.87% | 15.91% | 0.60x | 1.46x | $3.20 Million |
| 2006 | 13.19% | 15.96% | 0.62x | 1.34x | $2.97 Million |
| 2008 | 13.91% | 16.13% | 0.56x | 1.53x | $4.69 Million |
| 2009 | 12.89% | 15.28% | 0.57x | 1.49x | $3.86 Million |
| 2010 | 10.21% | 13.97% | 0.54x | 1.35x | $310.80K |
| 2011 | 9.01% | 13.13% | 0.54x | 1.27x | $-1.58 Million |
| 2012 | 9.03% | 13.75% | 0.43x | 1.52x | $-1.70 Million |
| 2013 | 11.56% | 13.79% | 0.56x | 1.49x | $3.03 Million |
| 2014 | 11.28% | 14.01% | 0.56x | 1.43x | $2.70 Million |
| 2015 | 13.51% | 16.75% | 0.53x | 1.51x | $8.89 Million |
| 2016 | 10.60% | 14.84% | 0.48x | 1.49x | $1.63 Million |
| 2017 | 10.67% | 14.08% | 0.49x | 1.55x | $2.01 Million |
| 2018 | 9.62% | 12.33% | 0.51x | 1.53x | $-1.18 Million |
| 2019 | 8.99% | 11.32% | 0.49x | 1.62x | $-3.46 Million |
| 2020 | 7.39% | 9.52% | 0.42x | 1.85x | $-9.42 Million |
| 2021 | 5.44% | 7.68% | 0.40x | 1.79x | $-16.79 Million |
| 2022 | 8.80% | 11.85% | 0.41x | 1.80x | $-4.90 Million |
| 2023 | 11.94% | 12.01% | 0.52x | 1.91x | $8.57 Million |
| 2024 | 11.53% | 11.60% | 0.50x | 1.98x | $7.48 Million |
| 2025 | 6.30% | 7.22% | 0.43x | 2.04x | $-18.05 Million |
Industry Comparison
This section compares TFF Group's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $2,505,488,775
- Average return on equity (ROE) among peers: -21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TFF Group (FRFTF) | $517.21 Million | 13.87% | 0.90x | $270.46 Million |
| Alliance Creative Group, Inc (ACGX) | $2.12 Million | 12.57% | 1.98x | $208.71K |
| Advanced Container Technologies Inc (ACTX) | $970.86K | -145.07% | 1.77x | $670.31 |
| Ardagh Metal Packaging SA (AMBP) | $286.00 Million | -73.43% | 17.62x | $574.22 Million |
| Amcor PLC (AMCR) | $11.74 Billion | 4.35% | 2.16x | $18.33 Billion |
| Avery Dennison Corp (AVY) | $1.36 Billion | -54.80% | 2.67x | $12.62 Billion |
| Ball Corporation (BALL) | $3.30 Billion | 7.98% | 3.91x | $15.92 Billion |
| Berry Global Group Inc (BERY) | $-128.00 Million | 0.00% | 0.00x | $7.83 Billion |
| Cascades Inc (CADNF) | $1.96 Billion | 10.12% | 1.77x | $571.95 Million |
| CCL Industries Inc (CCDBF) | $3.28 Billion | 16.14% | 1.24x | $7.23 Billion |
| Crown Holdings Inc (CCK) | $3.25 Billion | 3.23% | 2.83x | $11.24 Billion |