Fiera Capital Corporation
Fiera Capital Corporation is an publicly owned investment manager. The firm primarily provides its services to institutional investors, mutual funds, charitable organizations, and private clients. It manages separate client-focused equity, fixed income, and balanced portfolios. The firm also launches and manages equity, fixed income, and balanced mutual funds and income trusts for its clients. It… Read more
Fiera Capital Corporation (FRRPF) - Net Assets
Latest net assets as of September 2025: $-66.56 Million USD
Based on the latest financial reports, Fiera Capital Corporation (FRRPF) has net assets worth $-66.56 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 ($873.24 Million) and total liabilities ($939.81 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 | $-66.56 Million |
| % of Total Assets | -7.62% |
| Annual Growth Rate | 15.1% |
| 5-Year Change | -37.57% |
| 10-Year Change | -37.51% |
| Growth Volatility | 114.87 |
Fiera Capital Corporation - Net Assets Trend (2005–2024)
This chart illustrates how Fiera Capital Corporation's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fiera Capital Corporation (2005–2024)
The table below shows the annual net assets of Fiera Capital Corporation from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $293.72 Million | -10.24% |
| 2023-12-31 | $327.23 Million | -5.67% |
| 2022-12-31 | $346.88 Million | -17.04% |
| 2021-12-31 | $418.15 Million | -11.12% |
| 2020-12-31 | $470.48 Million | -13.49% |
| 2019-12-31 | $543.84 Million | -14.18% |
| 2018-12-31 | $633.73 Million | +7.05% |
| 2017-12-31 | $592.01 Million | -0.78% |
| 2016-12-31 | $596.64 Million | +26.94% |
| 2015-12-31 | $470.03 Million | +8.25% |
| 2014-12-31 | $434.21 Million | +4.12% |
| 2013-12-31 | $417.04 Million | +40.07% |
| 2012-12-31 | $297.74 Million | +111.41% |
| 2011-12-31 | $140.84 Million | +2.13% |
| 2010-12-31 | $137.90 Million | +506.46% |
| 2009-12-31 | $22.74 Million | +8.93% |
| 2008-12-31 | $20.87 Million | -14.37% |
| 2007-12-31 | $24.38 Million | +10.38% |
| 2006-12-31 | $22.08 Million | +8.76% |
| 2005-12-31 | $20.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fiera Capital Corporation'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 20753.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $845.07 Million | 296.45% |
| Other Comprehensive Income | $2.79 Million | 0.98% |
| Other Components | $10.74 Million | 3.77% |
| Total Equity | $285.06 Million | 100.00% |
Fiera Capital Corporation Competitors by Market Cap
The table below lists competitors of Fiera Capital Corporation ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Innovita Biological Technology Co. Ltd. A
SHG:688253
|
$351.90 Million |
|
Better Home & Finance Holding Company
NYSE:BETR
|
$351.94 Million |
|
Kona I Co.Ltd
KQ:052400
|
$351.95 Million |
|
Shenzhen Fuanna Bedding and Furnishing Co Ltd
SHE:002327
|
$351.96 Million |
|
ADTechnology Co.Ltd
KQ:200710
|
$351.60 Million |
|
Tibet Aim Pharm Inc
SHE:002826
|
$351.28 Million |
|
Guizhou Transp Planning
SHG:603458
|
$351.27 Million |
|
Saimo Electric Co Ltd
SHE:300466
|
$351.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fiera Capital Corporation's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 322,634,000 to 285,065,000, a change of -37,569,000 (-11.6%).
- Net income of 24,987,000 contributed positively to equity growth.
- Dividend payments of 91,186,000 reduced retained earnings.
- Share repurchases of 15,905,000 reduced equity.
- Other comprehensive income increased equity by 25,460,000.
- Other factors increased equity by 19,075,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.99 Million | +8.77% |
| Dividends Paid | $91.19 Million | -31.99% |
| Share Repurchases | $15.90 Million | -5.58% |
| Other Comprehensive Income | $25.46 Million | +8.93% |
| Other Changes | $19.07 Million | +6.69% |
| Total Change | $- | -11.64% |
Book Value vs Market Value Analysis
This analysis compares Fiera Capital Corporation'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: 1.64x
- 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 2.98x to 1.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $1.44 | $4.29 | x |
| 2006-12-31 | $1.56 | $4.29 | x |
| 2007-12-31 | $1.71 | $4.29 | x |
| 2008-12-31 | $1.48 | $4.29 | x |
| 2009-12-31 | $1.62 | $4.29 | x |
| 2010-12-31 | $8.65 | $4.29 | x |
| 2011-12-31 | $3.81 | $4.29 | x |
| 2013-12-31 | $7.00 | $4.29 | x |
| 2014-12-31 | $6.28 | $4.29 | x |
| 2015-12-31 | $6.71 | $4.29 | x |
| 2016-12-31 | $7.23 | $4.29 | x |
| 2017-12-31 | $6.74 | $4.29 | x |
| 2018-12-31 | $6.69 | $4.29 | x |
| 2019-12-31 | $5.48 | $4.29 | x |
| 2020-12-31 | $4.50 | $4.29 | x |
| 2021-12-31 | $3.56 | $4.29 | x |
| 2022-12-31 | $3.27 | $4.29 | x |
| 2023-12-31 | $2.45 | $4.29 | x |
| 2024-12-31 | $2.62 | $4.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fiera Capital Corporation 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): 8.77%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.70%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 4.39x
- Recent ROE (8.77%) is below the historical average (9.55%), 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 | 18.29% | 16.28% | 0.96x | 1.17x | $1.68 Million |
| 2006 | 24.17% | 19.57% | 0.92x | 1.34x | $3.13 Million |
| 2007 | 30.17% | 19.14% | 1.14x | 1.38x | $4.92 Million |
| 2008 | 23.96% | 14.13% | 1.32x | 1.29x | $2.91 Million |
| 2009 | 15.45% | 12.92% | 1.00x | 1.20x | $1.24 Million |
| 2010 | 2.53% | 8.43% | 0.25x | 1.21x | $-10.30 Million |
| 2011 | 6.23% | 12.50% | 0.43x | 1.16x | $-5.31 Million |
| 2012 | 1.02% | 2.62% | 0.22x | 1.74x | $-26.72 Million |
| 2013 | 3.59% | 9.72% | 0.20x | 1.87x | $-26.67 Million |
| 2014 | 6.29% | 12.36% | 0.29x | 1.77x | $-16.22 Million |
| 2015 | 5.82% | 10.69% | 0.30x | 1.80x | $-19.86 Million |
| 2016 | 3.67% | 6.04% | 0.29x | 2.12x | $-35.85 Million |
| 2017 | 1.80% | 2.32% | 0.38x | 2.03x | $-48.58 Million |
| 2018 | -0.79% | -0.93% | 0.37x | 2.31x | $-68.31 Million |
| 2019 | -2.47% | -2.06% | 0.38x | 3.14x | $-67.70 Million |
| 2020 | -0.72% | -0.49% | 0.46x | 3.22x | $-50.18 Million |
| 2021 | 17.71% | 9.97% | 0.50x | 3.54x | $32.00 Million |
| 2022 | 7.43% | 3.81% | 0.50x | 3.90x | $-8.75 Million |
| 2023 | 18.12% | 8.65% | 0.52x | 3.99x | $26.19 Million |
| 2024 | 8.77% | 3.70% | 0.54x | 4.39x | $-3.52 Million |
Industry Comparison
This section compares Fiera Capital Corporation's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $310,488,743
- Average return on equity (ROE) among peers: -23.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fiera Capital Corporation (FRRPF) | $-66.56 Million | 18.29% | N/A | $351.72 Million |
| Aberdeen International Inc (AABVF) | $136.31 Million | 25.56% | 0.23x | $2.78 Million |
| Acadian Asset Management Inc (AAMI) | $-17.60 Million | 0.00% | 0.00x | $1.39 Billion |
| AllianceBernstein Holding L.P. (AB) | $402.30 Million | 32.07% | 0.95x | $3.43 Billion |
| VIVO Cannabis Inc (ABCCF) | $164.13 Million | 16.36% | 0.09x | $148.26 Million |
| Associated Capital Group Inc (AC) | $502.13 Million | 5.33% | 0.17x | $42.54 Million |
| Adrian Resources Ltd (ADLRF) | $605.01 Million | 3.35% | 0.58x | $609.82 Million |
| Abrdn Emerging Markets Equity Income Fund Inc (AEF) | $85.10 Million | -65.65% | 0.01x | $77.20K |
| AGF Management Limited (AGFMF) | $1.12 Billion | 10.14% | 3.56x | $298.43 Million |
| Agronomics Limited (AGNMF) | $100.03 Million | 1.02% | 0.02x | $57.14 Million |
| AgriFORCE Growing Systems Ltd (AGRI) | $6.11 Million | -266.31% | 0.76x | $2.71 Million |