The Monarch Cement Company
The Monarch Cement Company engages in the manufacture and sale of portland cement in the United States. The company also sells masonry cement, ready-mixed concrete, concrete products, and sundry building materials. It serves contractors, ready-mixed concrete plants, concrete products plants, building materials dealers, and governmental agencies. The company sells its products in the State of Kans… Read more
The Monarch Cement Company (MCEM) - Net Assets
Latest net assets as of September 2024: $381.40 Million USD
Based on the latest financial reports, The Monarch Cement Company (MCEM) has net assets worth $381.40 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($428.32 Million) and total liabilities ($46.92 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 | $381.40 Million |
| % of Total Assets | 89.05% |
| Annual Growth Rate | 7.78% |
| 5-Year Change | 69.17% |
| 10-Year Change | 187.04% |
| Growth Volatility | 7.08 |
The Monarch Cement Company - Net Assets Trend (1995–2023)
This chart illustrates how The Monarch Cement Company's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for The Monarch Cement Company (1995–2023)
The table below shows the annual net assets of The Monarch Cement Company from 1995 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $334.12 Million | +16.14% |
| 2022-12-31 | $287.69 Million | +10.47% |
| 2021-12-31 | $260.42 Million | +22.52% |
| 2020-12-31 | $212.56 Million | +7.62% |
| 2019-12-31 | $197.51 Million | +12.19% |
| 2018-12-31 | $176.05 Million | +2.41% |
| 2017-12-31 | $171.91 Million | +13.93% |
| 2016-12-31 | $150.89 Million | +21.31% |
| 2015-12-31 | $124.38 Million | +6.86% |
| 2014-12-31 | $116.40 Million | +1.72% |
| 2013-12-31 | $114.43 Million | +11.80% |
| 2012-12-31 | $102.36 Million | +4.37% |
| 2011-12-31 | $98.07 Million | -3.50% |
| 2010-12-31 | $101.63 Million | -1.54% |
| 2009-12-31 | $103.22 Million | +1.97% |
| 2008-12-31 | $101.22 Million | +0.15% |
| 2007-12-31 | $101.06 Million | +8.69% |
| 2006-12-31 | $92.98 Million | +2.27% |
| 2005-12-31 | $90.92 Million | +6.51% |
| 2004-12-31 | $85.37 Million | +0.28% |
| 2003-12-31 | $85.12 Million | +4.68% |
| 2002-12-31 | $81.32 Million | -0.22% |
| 2001-12-31 | $81.50 Million | +4.95% |
| 2000-12-31 | $77.66 Million | +7.86% |
| 1999-12-31 | $72.00 Million | +8.26% |
| 1998-12-31 | $66.51 Million | +15.29% |
| 1997-12-31 | $57.69 Million | +16.35% |
| 1996-12-31 | $49.58 Million | +20.86% |
| 1995-12-31 | $41.02 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Monarch Cement Company'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 993.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $326.00 Million | 97.57% |
| Common Stock | $9.18 Million | 2.75% |
| Other Comprehensive Income | $-5.11 Million | -1.53% |
| Other Components | $4.05 Million | 1.21% |
| Total Equity | $334.12 Million | 100.00% |
The Monarch Cement Company Competitors by Market Cap
The table below lists competitors of The Monarch Cement Company ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yantai Eddie Precision Mach
SHG:603638
|
$616.16 Million |
|
Komax Holding AG
PINK:KMAAF
|
$616.21 Million |
|
Alaris Equity Partners Income Trust
TO:AD-UN
|
$616.42 Million |
|
Morgan Advanced Materials plc
PINK:MCRUF
|
$616.79 Million |
|
Shenzhen Neptunus Bioengineering Co Ltd
SHE:000078
|
$616.08 Million |
|
Beijing Kingee Culture Development Co Ltd
SHE:002721
|
$615.93 Million |
|
Alignvest Acquisition II Corp
TO:SFC
|
$615.71 Million |
|
VESTJYSK BANK NAM. DK 1
F:24V
|
$615.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Monarch Cement Company's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 287,689,243 to 334,115,830, a change of 46,426,587 (16.1%).
- Net income of 73,692,430 contributed positively to equity growth.
- Dividend payments of 22,793,250 reduced retained earnings.
- Share repurchases of 5,052,616 reduced equity.
- Other comprehensive income increased equity by 814,440.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $73.69 Million | +22.06% |
| Dividends Paid | $22.79 Million | -6.82% |
| Share Repurchases | $5.05 Million | -1.51% |
| Other Comprehensive Income | $814.44K | +0.24% |
| Other Changes | $-234.42K | -0.07% |
| Total Change | $- | 16.14% |
Book Value vs Market Value Analysis
This analysis compares The Monarch Cement Company'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: 2.40x
- 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 22.40x to 2.40x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $9.68 | $216.75 | x |
| 1996-12-31 | $11.75 | $216.75 | x |
| 1997-12-31 | $13.70 | $216.75 | x |
| 1998-12-31 | $15.28 | $216.75 | x |
| 1999-12-31 | $16.55 | $216.75 | x |
| 2000-12-31 | $18.29 | $216.75 | x |
| 2001-12-31 | $19.53 | $216.75 | x |
| 2002-12-31 | $27.17 | $216.75 | x |
| 2003-12-31 | $21.06 | $216.75 | x |
| 2004-12-31 | $20.58 | $216.75 | x |
| 2005-12-31 | $26.74 | $216.75 | x |
| 2006-12-31 | $22.82 | $216.75 | x |
| 2007-12-31 | $24.90 | $216.75 | x |
| 2008-12-31 | $24.96 | $216.75 | x |
| 2009-12-31 | $25.65 | $216.75 | x |
| 2010-12-31 | $25.28 | $216.75 | x |
| 2011-12-31 | $24.31 | $216.75 | x |
| 2012-12-31 | $25.50 | $216.75 | x |
| 2013-12-31 | $28.63 | $216.75 | x |
| 2014-12-31 | $29.38 | $216.75 | x |
| 2015-12-31 | $32.19 | $216.75 | x |
| 2016-12-31 | $39.08 | $216.75 | x |
| 2017-12-31 | $44.53 | $216.75 | x |
| 2018-12-31 | $45.60 | $216.75 | x |
| 2019-12-31 | $51.16 | $216.75 | x |
| 2020-12-31 | $55.09 | $216.75 | x |
| 2021-12-31 | $68.98 | $216.75 | x |
| 2022-12-31 | $76.45 | $216.75 | x |
| 2023-12-31 | $90.33 | $216.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Monarch Cement Company 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): 22.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 28.05%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.14x
- Recent ROE (22.06%) is above the historical average (11.89%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 18.70% | 9.40% | 1.37x | 1.46x | $3.57 Million |
| 1996 | 21.27% | 12.16% | 1.26x | 1.38x | $5.59 Million |
| 1997 | 17.51% | 11.00% | 1.20x | 1.32x | $4.33 Million |
| 1998 | 15.05% | 9.70% | 1.17x | 1.32x | $3.24 Million |
| 1999 | 14.02% | 8.86% | 1.22x | 1.30x | $2.78 Million |
| 2000 | 13.94% | 8.97% | 1.22x | 1.28x | $2.97 Million |
| 2001 | 10.31% | 6.45% | 1.00x | 1.60x | $247.23K |
| 2002 | 7.44% | 4.39% | 1.01x | 1.68x | $-2.03 Million |
| 2003 | 4.59% | 3.13% | 0.94x | 1.56x | $-4.50 Million |
| 2004 | 3.06% | 1.77% | 1.07x | 1.61x | $-5.83 Million |
| 2005 | 10.77% | 6.83% | 0.98x | 1.61x | $691.09K |
| 2006 | 14.37% | 8.57% | 0.95x | 1.77x | $4.02 Million |
| 2007 | 15.18% | 10.38% | 0.88x | 1.67x | $5.20 Million |
| 2008 | 10.18% | 6.65% | 0.88x | 1.74x | $181.89K |
| 2009 | 4.59% | 3.58% | 0.75x | 1.71x | $-5.59 Million |
| 2010 | 0.22% | 0.18% | 0.70x | 1.71x | $-9.94 Million |
| 2011 | 1.58% | 1.27% | 0.70x | 1.77x | $-8.26 Million |
| 2012 | 3.08% | 2.08% | 0.84x | 1.77x | $-7.08 Million |
| 2013 | 6.99% | 6.27% | 0.73x | 1.52x | $-3.45 Million |
| 2014 | 9.72% | 7.70% | 0.82x | 1.55x | $-325.62K |
| 2015 | 14.67% | 12.34% | 0.81x | 1.46x | $5.81 Million |
| 2016 | 14.02% | 12.81% | 0.87x | 1.26x | $6.07 Million |
| 2017 | 12.63% | 12.91% | 0.82x | 1.19x | $4.51 Million |
| 2018 | 9.11% | 9.22% | 0.84x | 1.17x | $-1.57 Million |
| 2019 | 16.77% | 19.24% | 0.73x | 1.19x | $13.36 Million |
| 2020 | 15.94% | 17.94% | 0.73x | 1.21x | $12.62 Million |
| 2021 | 22.93% | 28.18% | 0.71x | 1.14x | $33.66 Million |
| 2022 | 14.21% | 17.57% | 0.72x | 1.13x | $12.11 Million |
| 2023 | 22.06% | 28.05% | 0.69x | 1.14x | $40.28 Million |
Industry Comparison
This section compares The Monarch Cement Company's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $78,983,864,921
- Average return on equity (ROE) among peers: -918.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Monarch Cement Company (MCEM) | $381.40 Million | 18.70% | 0.12x | $616.15 Million |
| Anhui Conch Cement Co Ltd (AHCHY) | $6.85 Billion | 5.94% | 1.81x | $19.28 Billion |
| Amrize Ltd (AMRZ) | $8.21 Billion | 13.50% | 1.52x | $27.46 Billion |
| Basanite Inc (BASA) | $181.76K | -9065.80% | 27.67x | $7.57 Million |
| PT Berkah Beton Sadaya Tbk (BHBSY) | $771.79 Billion | 15.93% | 0.06x | $360.00 Million |
| BRDNF (BRDNF) | $1.11 Billion | 9.50% | 0.69x | $1.54 Billion |
| Brickworks Limited (BRKWF) | $1.84 Billion | 4.25% | 0.37x | $1.23 Billion |
| Capstone Holding Corp. Common Stock (CAPS) | $-879.00K | 0.00% | 0.00x | $3.74 Million |
| Capstone Therapeutics Corp (CAPS) | $3.10 Million | -134.29% | 0.09x | $80.00K |
| Captivision Inc. (CAPT) | $-12.26 Million | 0.00% | 0.00x | $11.82 Million |
| China GengSheng Minerals Inc (CHGS) | $40.48 Million | -33.45% | 3.01x | $0.97 |