Mestek Inc
Mestek, Inc., together with its subsidiaries, manufactures and sells heating, ventilating, and air conditioning products and equipment; and metal forming equipment in the United States and internationally. The company offers equipment for heating, ventilation, and air conditioning primarily under the Lockformer, lowaPrecision, Engel, and Lion brands; roll forming and flexible fabrication equipmen… Read more
Mestek Inc (MCCK) - Net Assets
Latest net assets as of June 2025: $465.32 Million USD
Based on the latest financial reports, Mestek Inc (MCCK) has net assets worth $465.32 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($605.17 Million) and total liabilities ($139.85 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 | $465.32 Million |
| % of Total Assets | 76.89% |
| Annual Growth Rate | 16.92% |
| 5-Year Change | 38.65% |
| 10-Year Change | 148.89% |
| Growth Volatility | 297.4 |
Mestek Inc - Net Assets Trend (1985–2024)
This chart illustrates how Mestek 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 Mestek Inc (1985–2024)
The table below shows the annual net assets of Mestek Inc from 1985 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $399.55 Million | +16.51% |
| 2023-12-31 | $342.93 Million | +11.91% |
| 2022-12-31 | $306.43 Million | +2.07% |
| 2021-12-31 | $300.21 Million | +4.18% |
| 2020-12-31 | $288.17 Million | +18.92% |
| 2019-12-31 | $242.32 Million | +15.51% |
| 2018-12-31 | $209.78 Million | +8.62% |
| 2017-12-31 | $193.14 Million | +9.52% |
| 2016-12-31 | $176.35 Million | +9.85% |
| 2015-12-31 | $160.53 Million | +3.97% |
| 2014-12-31 | $154.41 Million | +11.72% |
| 2013-12-31 | $138.21 Million | +15.06% |
| 2012-12-31 | $120.12 Million | -8.34% |
| 2011-12-31 | $131.05 Million | +5.39% |
| 2010-12-31 | $124.36 Million | +2.47% |
| 2009-12-31 | $121.36 Million | +9.28% |
| 2008-12-31 | $111.05 Million | +2.38% |
| 2007-12-31 | $108.47 Million | +0.62% |
| 2006-12-31 | $107.80 Million | +1.96% |
| 2005-12-31 | $105.72 Million | -8.95% |
| 2004-12-31 | $116.12 Million | +20.17% |
| 2003-12-31 | $96.63 Million | -30.39% |
| 2002-12-31 | $138.81 Million | -18.79% |
| 2001-12-31 | $170.93 Million | +2.71% |
| 2000-12-31 | $166.43 Million | +9.83% |
| 1999-12-31 | $151.53 Million | +11.29% |
| 1998-12-31 | $136.16 Million | +13.48% |
| 1997-12-31 | $119.98 Million | +15.68% |
| 1996-12-31 | $103.72 Million | +13.92% |
| 1995-12-31 | $91.05 Million | +12.78% |
| 1994-12-31 | $80.73 Million | +10.14% |
| 1993-12-31 | $73.30 Million | +3.82% |
| 1992-12-31 | $70.60 Million | +5.06% |
| 1991-12-31 | $67.20 Million | +14.68% |
| 1990-12-31 | $58.60 Million | +18.62% |
| 1989-12-31 | $49.40 Million | +59.87% |
| 1988-12-31 | $30.90 Million | +28.22% |
| 1987-12-31 | $24.10 Million | +34.64% |
| 1986-12-31 | $17.90 Million | +1888.89% |
| 1985-12-31 | $900.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mestek 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 410491.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $410.59 Million | 103.01% |
| Common Stock | $422.00K | 0.11% |
| Other Comprehensive Income | $-5.02 Million | -1.26% |
| Total Equity | $398.60 Million | 100.00% |
Mestek Inc Competitors by Market Cap
The table below lists competitors of Mestek Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Taya Inv-L
TA:TAYA
|
$339.67K |
|
SEALED AIR
BE:SDA
|
$340.01K |
|
MAROC LEASING
BC:MAROC-LEASING
|
$340.03K |
|
Dewata Freight International Tbk PT
JK:DEAL
|
$340.04K |
|
Inter Industries
TA:ININ
|
$339.38K |
|
MIZUHO FIN GROUP - Dusseldorf Stock Exchang
DU:MZ8
|
$339.28K |
|
TRELLEBORG B
BE:TLLB
|
$338.99K |
|
Epsilon Healthcare Limited
PINK:HDRPF
|
$338.96K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mestek Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 342,041,000 to 398,599,000, a change of 56,558,000 (16.5%).
- Net income of 59,389,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 2,831,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $59.39 Million | +14.9% |
| Other Comprehensive Income | $-2.83 Million | -0.71% |
| Total Change | $- | 16.54% |
Book Value vs Market Value Analysis
This analysis compares Mestek 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: 0.64x
- 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 340.84x to 0.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-12-31 | $0.10 | $34.00 | x |
| 1986-12-31 | $1.97 | $34.00 | x |
| 1987-12-31 | $2.66 | $34.00 | x |
| 1988-12-31 | $3.41 | $34.00 | x |
| 1989-12-31 | $5.45 | $34.00 | x |
| 1990-12-31 | $6.46 | $34.00 | x |
| 1991-12-31 | $7.41 | $34.00 | x |
| 1992-12-31 | $7.79 | $34.00 | x |
| 1993-12-31 | $8.09 | $34.00 | x |
| 1994-12-31 | $8.84 | $34.00 | x |
| 1995-12-31 | $10.09 | $34.00 | x |
| 1996-12-31 | $11.61 | $34.00 | x |
| 1997-12-31 | $13.19 | $34.00 | x |
| 1998-12-31 | $14.94 | $34.00 | x |
| 1999-12-31 | $17.00 | $34.00 | x |
| 2000-12-31 | $18.68 | $34.00 | x |
| 2001-12-31 | $19.37 | $34.00 | x |
| 2002-12-31 | $15.76 | $34.00 | x |
| 2003-12-31 | $10.95 | $34.00 | x |
| 2004-12-31 | $13.34 | $34.00 | x |
| 2005-12-31 | $12.12 | $34.00 | x |
| 2011-12-31 | $17.13 | $34.00 | x |
| 2012-12-31 | $15.95 | $34.00 | x |
| 2013-12-31 | $18.23 | $34.00 | x |
| 2014-12-31 | $20.38 | $34.00 | x |
| 2015-12-31 | $21.20 | $34.00 | x |
| 2016-12-31 | $23.43 | $34.00 | x |
| 2017-12-31 | $25.67 | $34.00 | x |
| 2018-12-31 | $27.53 | $34.00 | x |
| 2019-12-31 | $31.84 | $34.00 | x |
| 2020-12-31 | $37.88 | $34.00 | x |
| 2021-12-31 | $39.73 | $34.00 | x |
| 2022-12-31 | $40.33 | $34.00 | x |
| 2023-12-31 | $45.23 | $34.00 | x |
| 2024-12-31 | $52.82 | $34.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mestek 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): 14.90%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.92%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.34x
- Recent ROE (14.90%) is above the historical average (9.64%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 33.33% | 1.85% | 1.35x | 13.33x | $210.00K |
| 1986 | 29.05% | 6.00% | 1.39x | 3.48x | $3.41 Million |
| 1987 | 27.80% | 4.96% | 1.87x | 3.00x | $4.29 Million |
| 1988 | 24.27% | 4.57% | 1.72x | 3.09x | $4.41 Million |
| 1989 | 17.41% | 4.67% | 1.89x | 1.97x | $3.66 Million |
| 1990 | 18.09% | 5.13% | 2.00x | 1.77x | $4.74 Million |
| 1991 | 13.39% | 4.08% | 1.83x | 1.80x | $2.28 Million |
| 1992 | 8.22% | 2.39% | 1.77x | 1.94x | $-1.26 Million |
| 1993 | 5.87% | 1.86% | 1.83x | 1.73x | $-3.03 Million |
| 1994 | 11.52% | 4.15% | 1.86x | 1.49x | $1.22 Million |
| 1995 | 11.98% | 4.44% | 1.74x | 1.55x | $1.80 Million |
| 1996 | 12.85% | 4.45% | 1.76x | 1.64x | $2.96 Million |
| 1997 | 12.21% | 4.39% | 1.72x | 1.62x | $2.60 Million |
| 1998 | 12.05% | 4.75% | 1.65x | 1.54x | $2.73 Million |
| 1999 | 12.06% | 4.77% | 1.55x | 1.63x | $3.06 Million |
| 2000 | 10.43% | 4.54% | 1.28x | 1.79x | $699.80K |
| 2001 | 3.96% | 1.71% | 1.52x | 1.53x | $-10.26 Million |
| 2002 | -22.08% | -8.13% | 1.70x | 1.60x | $-44.18 Million |
| 2003 | -45.21% | -11.78% | 1.49x | 2.58x | $-52.71 Million |
| 2004 | 18.61% | 5.32% | 1.70x | 2.06x | $9.96 Million |
| 2005 | 7.10% | 2.00% | 1.63x | 2.18x | $-3.04 Million |
| 2006 | 8.53% | 2.36% | 1.69x | 2.14x | $-1.57 Million |
| 2007 | 1.52% | 0.43% | 1.72x | 2.05x | $-9.12 Million |
| 2008 | 4.94% | 1.46% | 1.77x | 1.92x | $-5.56 Million |
| 2009 | 3.72% | 1.47% | 1.45x | 1.74x | $-7.54 Million |
| 2010 | 4.44% | 1.94% | 1.43x | 1.60x | $-6.83 Million |
| 2011 | 6.71% | 2.85% | 1.52x | 1.55x | $-4.26 Million |
| 2012 | 10.48% | 4.17% | 1.52x | 1.66x | $568.50K |
| 2013 | 12.15% | 5.00% | 1.55x | 1.57x | $2.94 Million |
| 2014 | 11.38% | 5.03% | 1.45x | 1.56x | $2.10 Million |
| 2015 | 11.31% | 5.17% | 1.45x | 1.50x | $2.08 Million |
| 2016 | 9.13% | 5.15% | 1.26x | 1.41x | $-1.53 Million |
| 2017 | 7.81% | 4.56% | 1.24x | 1.38x | $-4.20 Million |
| 2018 | 8.87% | 5.28% | 1.23x | 1.36x | $-2.37 Million |
| 2019 | 13.23% | 9.35% | 1.03x | 1.37x | $7.81 Million |
| 2020 | 15.65% | 14.47% | 0.79x | 1.38x | $16.24 Million |
| 2021 | 4.14% | 3.54% | 0.84x | 1.40x | $-17.53 Million |
| 2022 | 2.93% | 2.16% | 0.95x | 1.42x | $-21.59 Million |
| 2023 | 10.83% | 8.87% | 0.90x | 1.35x | $2.84 Million |
| 2024 | 14.90% | 14.92% | 0.74x | 1.34x | $19.53 Million |
Industry Comparison
This section compares Mestek Inc's net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $214,669,412
- Average return on equity (ROE) among peers: -3.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mestek Inc (MCCK) | $465.32 Million | 33.33% | 0.30x | $339.56K |
| AAON Inc (AAON) | $96.52 Million | 29.62% | 0.46x | $5.50 Billion |
| AC Partners Inc (ACPS) | $546.95K | 5.07% | 0.12x | $5.04K |
| Antelope Enterprise Holdings Ltd (AEHL) | $555.23 Million | 4.36% | 0.55x | $2.14 Million |
| Armstrong Flooring Inc (AFIIQ) | $391.00 Million | -41.69% | 0.81x | $2.18K |
| Montana Technologies Corporation (AIRJ) | $284.10 Million | -0.98% | 0.04x | $90.39 Million |
| Atlas Engineered Products Ltd (APEUF) | $-923.99K | 0.00% | 0.00x | $33.22 Million |
| Apogee Enterprises Inc (APOG) | $396.41 Million | 26.26% | 1.31x | $693.82 Million |
| Alpha Pro Tech Ltd (APT) | $23.48 Million | 15.92% | 0.14x | $40.04 Million |
| Arlo Technologies (ARLO) | $276.61 Million | -24.72% | 1.15x | $1.44 Billion |
| Aspen Aerogels Inc (ASPN) | $123.72 Million | -53.61% | 0.17x | $261.41 Million |