Goodfellow Inc
Goodfellow Inc. engages in the wholesale distribution of building materials and floor coverings in Canada, the United States, and the United Kingdom. The company offers decking products, such as accessories, composite, framing, and wood products for outdoor spaces; flooring products, including ceramic, engineered, hardwood, laminate, stone product composite, sub-floor and accessories, and vinyl a… Read more
Goodfellow Inc (GFELF) - Net Assets
Latest net assets as of November 2025: $207.39 Million USD
Based on the latest financial reports, Goodfellow Inc (GFELF) has net assets worth $207.39 Million USD as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($294.58 Million) and total liabilities ($87.19 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 | $207.39 Million |
| % of Total Assets | 70.4% |
| Annual Growth Rate | 6.18% |
| 5-Year Change | 28.85% |
| 10-Year Change | 87.35% |
| Growth Volatility | 7.87 |
Goodfellow Inc - Net Assets Trend (1997–2025)
This chart illustrates how Goodfellow 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 Goodfellow Inc (1997–2025)
The table below shows the annual net assets of Goodfellow Inc from 1997 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-11-30 | $207.39 Million | +0.57% |
| 2024-11-30 | $206.21 Million | +5.75% |
| 2023-11-30 | $195.00 Million | +4.40% |
| 2022-11-30 | $186.78 Million | +16.05% |
| 2021-11-30 | $160.95 Million | +32.76% |
| 2020-11-30 | $121.23 Million | +6.90% |
| 2019-11-30 | $113.41 Million | +0.48% |
| 2018-11-30 | $112.86 Million | +3.13% |
| 2017-11-30 | $109.43 Million | -1.14% |
| 2016-11-30 | $110.69 Million | -13.59% |
| 2015-11-30 | $128.10 Million | +7.21% |
| 2014-11-30 | $119.49 Million | +2.47% |
| 2013-11-30 | $116.60 Million | +0.49% |
| 2012-11-30 | $116.04 Million | +0.33% |
| 2011-11-30 | $115.66 Million | -0.38% |
| 2010-11-30 | $116.10 Million | +4.45% |
| 2009-11-30 | $111.15 Million | +7.41% |
| 2008-11-30 | $103.48 Million | +2.61% |
| 2007-11-30 | $100.86 Million | +7.71% |
| 2006-11-30 | $93.63 Million | +7.38% |
| 2005-11-30 | $87.20 Million | +8.83% |
| 2004-11-30 | $80.12 Million | +17.53% |
| 2003-11-30 | $68.18 Million | +7.66% |
| 2002-11-30 | $63.32 Million | +9.90% |
| 2001-11-30 | $57.62 Million | +6.39% |
| 2000-11-30 | $54.16 Million | +8.76% |
| 1999-11-30 | $49.80 Million | +12.42% |
| 1998-11-30 | $44.30 Million | +14.47% |
| 1997-11-30 | $38.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goodfellow 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 grown by 535.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $198.21 Million | 95.58% |
| Common Stock | $9.17 Million | 4.42% |
| Other Components | $1.00 | 0.00% |
| Total Equity | $207.39 Million | 100.00% |
Goodfellow Inc Competitors by Market Cap
The table below lists competitors of Goodfellow Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
RAUTE OY A EO 2
F:RAUA
|
$43.65 Million |
|
Horizon Copper Corp
OTCQX:HNCUF
|
$43.66 Million |
|
Hai Kwang Enterprise Corp
TW:2038
|
$43.67 Million |
|
GRP Limited
NSE:GRPLTD
|
$43.68 Million |
|
Asian Alliance International PCL
BK:AAI
|
$43.65 Million |
|
Agro Bahari Nusantara Tbk.
JK:UDNG
|
$43.64 Million |
|
Huvitz Co. Ltd
KQ:065510
|
$43.64 Million |
|
STAFFLINE GROUP LS-10
F:OSU
|
$43.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goodfellow Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 206,208,000 to 207,388,295, a change of 1,180,295 (0.6%).
- Net income of 7,133,720 contributed positively to equity growth.
- Dividend payments of 5,022,171 reduced retained earnings.
- Share repurchases of 1,372,407 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $7.13 Million | +3.44% |
| Dividends Paid | $5.02 Million | -2.42% |
| Share Repurchases | $1.37 Million | -0.66% |
| Other Changes | $441.15K | +0.21% |
| Total Change | $- | 0.57% |
Book Value vs Market Value Analysis
This analysis compares Goodfellow 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: 0.37x
- 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 decreased from 2.00x to 0.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-11-30 | $4.54 | $9.08 | x |
| 1998-11-30 | $5.19 | $9.08 | x |
| 1999-11-30 | $5.89 | $9.08 | x |
| 2000-11-30 | $6.50 | $9.08 | x |
| 2001-11-30 | $6.86 | $9.08 | x |
| 2002-11-30 | $7.55 | $9.08 | x |
| 2003-11-30 | $8.11 | $9.08 | x |
| 2004-11-30 | $9.45 | $9.08 | x |
| 2005-11-30 | $10.23 | $9.08 | x |
| 2006-11-30 | $10.94 | $9.08 | x |
| 2007-11-30 | $11.79 | $9.08 | x |
| 2008-11-30 | $12.06 | $9.08 | x |
| 2009-11-30 | $12.96 | $9.08 | x |
| 2010-11-30 | $13.54 | $9.08 | x |
| 2011-11-30 | $13.49 | $9.08 | x |
| 2012-11-30 | $13.57 | $9.08 | x |
| 2013-11-30 | $13.71 | $9.08 | x |
| 2014-11-30 | $14.05 | $9.08 | x |
| 2015-11-30 | $15.06 | $9.08 | x |
| 2016-11-30 | $13.01 | $9.08 | x |
| 2017-11-30 | $12.86 | $9.08 | x |
| 2018-11-30 | $13.18 | $9.08 | x |
| 2019-11-30 | $13.24 | $9.08 | x |
| 2020-11-30 | $14.16 | $9.08 | x |
| 2021-11-30 | $18.80 | $9.08 | x |
| 2022-11-30 | $21.81 | $9.08 | x |
| 2023-11-30 | $22.84 | $9.08 | x |
| 2024-11-30 | $24.28 | $9.08 | x |
| 2025-11-30 | $24.48 | $9.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goodfellow 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): 3.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.32%
- • Asset Turnover: 1.84x
- • Equity Multiplier: 1.42x
- Recent ROE (3.44%) is below the historical average (8.66%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 13.44% | 1.80% | 2.92x | 2.56x | $1.33 Million |
| 1998 | 14.45% | 1.91% | 2.93x | 2.59x | $1.97 Million |
| 1999 | 13.25% | 1.71% | 3.04x | 2.56x | $1.62 Million |
| 2000 | 10.58% | 1.30% | 3.24x | 2.52x | $316.70K |
| 2001 | 8.06% | 1.03% | 3.43x | 2.29x | $-1.12 Million |
| 2002 | 11.65% | 1.46% | 3.25x | 2.46x | $1.05 Million |
| 2003 | 9.22% | 1.20% | 3.49x | 2.21x | $-533.60K |
| 2004 | 18.27% | 2.73% | 3.19x | 2.10x | $6.63 Million |
| 2005 | 12.88% | 2.17% | 3.13x | 1.89x | $2.51 Million |
| 2006 | 13.94% | 2.52% | 3.21x | 1.72x | $3.69 Million |
| 2007 | 12.94% | 2.52% | 3.04x | 1.69x | $2.96 Million |
| 2008 | 6.88% | 1.48% | 3.07x | 1.51x | $-3.23 Million |
| 2009 | 9.75% | 2.47% | 2.94x | 1.34x | $-279.40K |
| 2010 | 10.91% | 2.51% | 2.74x | 1.58x | $1.05 Million |
| 2011 | 2.60% | 0.64% | 2.70x | 1.50x | $-8.56 Million |
| 2012 | 3.75% | 0.87% | 2.68x | 1.61x | $-7.25 Million |
| 2013 | 4.53% | 1.09% | 2.68x | 1.55x | $-6.38 Million |
| 2014 | 5.44% | 1.33% | 2.49x | 1.64x | $-5.45 Million |
| 2015 | 6.73% | 1.60% | 2.54x | 1.66x | $-4.19 Million |
| 2016 | -10.94% | -2.14% | 2.34x | 2.18x | $-23.17 Million |
| 2017 | -1.91% | -0.40% | 2.66x | 1.80x | $-13.04 Million |
| 2018 | 2.28% | 0.54% | 2.49x | 1.69x | $-8.72 Million |
| 2019 | 2.69% | 0.68% | 2.49x | 1.59x | $-8.29 Million |
| 2020 | 11.39% | 3.04% | 2.08x | 1.80x | $1.69 Million |
| 2021 | 23.51% | 6.14% | 2.59x | 1.48x | $21.74 Million |
| 2022 | 17.50% | 5.18% | 2.56x | 1.32x | $14.00 Million |
| 2023 | 7.53% | 2.86% | 2.03x | 1.30x | $-4.81 Million |
| 2024 | 6.48% | 2.62% | 1.75x | 1.42x | $-7.25 Million |
| 2025 | 3.44% | 1.32% | 1.84x | 1.42x | $-13.61 Million |
Industry Comparison
This section compares Goodfellow Inc's net assets metrics with peer companies in the Lumber & Wood Production industry.
Industry Context
- Industry: Lumber & Wood Production
- Average net assets among peers: $321,698,694
- Average return on equity (ROE) among peers: 5.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goodfellow Inc (GFELF) | $207.39 Million | 13.44% | 0.42x | $43.65 Million |
| Acadian Timber Corp (ACAZF) | $182.19 Million | 3.98% | 0.63x | $105.02 Million |
| Accsys Technologies PLC (ACSYF) | $41.13 Million | -20.08% | 0.30x | $87.44 Million |
| Arma Services Inc (ARMV) | $262.71K | -3.68% | 0.16x | $2.45K |
| Boise Cascad Llc (BCC) | $2.15 Billion | 17.49% | 0.57x | $2.67 Billion |
| Biomass Secure Power Inc (BMSPF) | $-2.95 Million | 0.00% | 0.00x | $171.40K |
| Blue Star Opportunities Corp (BSTO) | $5.97 Million | 4.18% | 0.15x | $127.34 |
| Canfor Corporation (CFPZF) | $678.90 Million | -8.38% | 2.00x | $526.98 Million |
| Conifex Timber Inc (CFXTF) | $116.33 Million | 8.21% | 0.95x | $2.04 Million |
| China Bozza Development Holdings Limited (CHBOF) | $46.72 Million | 48.61% | 3.40x | $1.30 Million |
| EcoLogix Resource Group Inc (EXRG) | $-2.83 Million | 0.00% | 0.00x | $0.93 |