MTY Food Group Inc
MTY Food Group Inc. operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. The company also sells retail products under a multitude of banners. In addition, it operates distribution centers and food processing plants. The company was formerly known as iNsu Innovations Group Inc. and changed its name to MTY Food Group In… Read more
MTY Food Group Inc (MTYFF) - Net Assets
Latest net assets as of August 2025: $814.83 Million USD
Based on the latest financial reports, MTY Food Group Inc (MTYFF) has net assets worth $814.83 Million USD as of August 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($2.48 Billion) and total liabilities ($1.67 Billion). 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 | $814.83 Million |
| % of Total Assets | 32.8% |
| Annual Growth Rate | 20.7% |
| 5-Year Change | 37.93% |
| 10-Year Change | 374.83% |
| Growth Volatility | 25.17 |
MTY Food Group Inc - Net Assets Trend (1997–2024)
This chart illustrates how MTY Food Group 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 MTY Food Group Inc (1997–2024)
The table below shows the annual net assets of MTY Food Group Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | $803.45 Million | -1.16% |
| 2023-11-30 | $812.89 Million | +12.18% |
| 2022-11-30 | $724.63 Million | +11.67% |
| 2021-11-30 | $648.90 Million | +11.40% |
| 2020-11-30 | $582.51 Million | -12.47% |
| 2019-11-30 | $665.48 Million | +5.52% |
| 2018-11-30 | $630.67 Million | +88.08% |
| 2017-11-30 | $335.33 Million | +6.85% |
| 2016-11-30 | $313.84 Million | +85.47% |
| 2015-11-30 | $169.21 Million | +13.04% |
| 2014-11-30 | $149.69 Million | +14.44% |
| 2013-11-30 | $130.81 Million | +23.33% |
| 2012-11-30 | $106.06 Million | +19.29% |
| 2011-11-30 | $88.91 Million | +16.57% |
| 2010-11-30 | $76.27 Million | +23.60% |
| 2009-11-30 | $61.71 Million | +24.82% |
| 2008-11-30 | $49.44 Million | +25.11% |
| 2007-11-30 | $39.51 Million | +33.77% |
| 2006-11-30 | $29.54 Million | +54.64% |
| 2005-11-30 | $19.10 Million | +75.86% |
| 2004-11-30 | $10.86 Million | +36.55% |
| 2003-11-30 | $7.95 Million | +19.29% |
| 2002-11-30 | $6.67 Million | +12.51% |
| 2001-11-30 | $5.93 Million | +17.78% |
| 2000-11-30 | $5.03 Million | -10.14% |
| 1999-11-30 | $5.60 Million | +7.69% |
| 1998-11-30 | $5.20 Million | +4.00% |
| 1997-11-30 | $5.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MTY Food Group 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 45149400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $446.09 Million | 55.63% |
| Common Stock | $290.59 Million | 36.24% |
| Other Comprehensive Income | $58.85 Million | 7.34% |
| Other Components | $6.29 Million | 0.79% |
| Total Equity | $801.84 Million | 100.00% |
MTY Food Group Inc Competitors by Market Cap
The table below lists competitors of MTY Food Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BLACK DIAMOND GRP LTD
F:8B8
|
$520.51 Million |
|
Shenzhen Haoningda Meters Co Ltd
SHE:002356
|
$520.72 Million |
|
Bonheur ASA
PINK:BNHUF
|
$520.79 Million |
|
Ningbo Henghe Mould Co Ltd
SHE:300539
|
$520.82 Million |
|
Navigator Holdings Ltd
NYSE:NVGS
|
$519.74 Million |
|
Avanti Feeds Limited
NSE:AVANTIFEED
|
$519.72 Million |
|
Embecta Corp
NASDAQ:EMBC
|
$519.64 Million |
|
Zhejiang Sunflower Light Energy
SHE:300111
|
$519.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MTY Food Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 811,412,000 to 801,837,000, a change of -9,575,000 (-1.2%).
- Net income of 24,170,000 contributed positively to equity growth.
- Dividend payments of 26,811,000 reduced retained earnings.
- Share repurchases of 41,815,000 reduced equity.
- Other comprehensive income increased equity by 34,235,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.17 Million | +3.01% |
| Dividends Paid | $26.81 Million | -3.34% |
| Share Repurchases | $41.81 Million | -5.21% |
| Other Comprehensive Income | $34.23 Million | +4.27% |
| Other Changes | $646.00K | +0.08% |
| Total Change | $- | -1.18% |
Book Value vs Market Value Analysis
This analysis compares MTY Food Group 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: 0.82x
- 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 82.50x to 0.82x 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 | $0.33 | $27.50 | x |
| 1998-11-30 | $0.27 | $27.50 | x |
| 1999-11-30 | $0.32 | $27.50 | x |
| 2000-11-30 | $0.31 | $27.50 | x |
| 2001-11-30 | $0.37 | $27.50 | x |
| 2002-11-30 | $0.42 | $27.50 | x |
| 2003-11-30 | $0.51 | $27.50 | x |
| 2004-11-30 | $0.67 | $27.50 | x |
| 2005-11-30 | $1.10 | $27.50 | x |
| 2006-11-30 | $1.57 | $27.50 | x |
| 2007-11-30 | $2.07 | $27.50 | x |
| 2008-11-30 | $2.58 | $27.50 | x |
| 2009-11-30 | $3.22 | $27.50 | x |
| 2010-11-30 | $3.99 | $27.50 | x |
| 2011-11-30 | $4.65 | $27.50 | x |
| 2012-11-30 | $5.54 | $27.50 | x |
| 2013-11-30 | $6.60 | $27.50 | x |
| 2014-11-30 | $7.57 | $27.50 | x |
| 2015-11-30 | $8.72 | $27.50 | x |
| 2016-11-30 | $15.73 | $27.50 | x |
| 2017-11-30 | $15.61 | $27.50 | x |
| 2018-11-30 | $25.93 | $27.50 | x |
| 2019-11-30 | $26.39 | $27.50 | x |
| 2020-11-30 | $23.50 | $27.50 | x |
| 2021-11-30 | $26.17 | $27.50 | x |
| 2022-11-30 | $29.57 | $27.50 | x |
| 2023-11-30 | $33.15 | $27.50 | x |
| 2024-11-30 | $33.44 | $27.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MTY Food Group 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): 3.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.08%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 3.23x
- Recent ROE (3.01%) is below the historical average (13.44%), 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 | 6.00% | 5.66% | 0.80x | 1.32x | $-200.00K |
| 1998 | 1.96% | 1.09% | 1.07x | 1.69x | $-410.00K |
| 1999 | 1.85% | 0.65% | 1.72x | 1.67x | $-440.00K |
| 2000 | -17.00% | -4.90% | 1.92x | 1.80x | $-1.32 Million |
| 2001 | 15.34% | 5.61% | 1.68x | 1.63x | $309.12K |
| 2002 | 14.59% | 4.74% | 1.79x | 1.72x | $300.90K |
| 2003 | 16.38% | 11.00% | 1.15x | 1.29x | $494.14K |
| 2004 | 27.01% | 18.74% | 0.88x | 1.64x | $1.83 Million |
| 2005 | 22.36% | 22.85% | 0.76x | 1.29x | $2.35 Million |
| 2006 | 19.68% | 25.88% | 0.60x | 1.27x | $2.85 Million |
| 2007 | 23.24% | 30.03% | 0.58x | 1.33x | $5.22 Million |
| 2008 | 20.08% | 28.95% | 0.57x | 1.22x | $4.98 Million |
| 2009 | 19.90% | 23.79% | 0.67x | 1.24x | $6.10 Million |
| 2010 | 20.27% | 23.09% | 0.69x | 1.27x | $7.83 Million |
| 2011 | 18.21% | 20.64% | 0.67x | 1.32x | $7.30 Million |
| 2012 | 20.84% | 22.93% | 0.70x | 1.29x | $11.48 Million |
| 2013 | 20.36% | 25.37% | 0.59x | 1.37x | $13.08 Million |
| 2014 | 17.41% | 21.88% | 0.59x | 1.35x | $10.73 Million |
| 2015 | 15.61% | 17.92% | 0.64x | 1.35x | $9.35 Million |
| 2016 | 17.38% | 27.71% | 0.23x | 2.72x | $23.11 Million |
| 2017 | 14.84% | 17.93% | 0.32x | 2.56x | $16.14 Million |
| 2018 | 15.22% | 27.11% | 0.29x | 1.95x | $32.84 Million |
| 2019 | 11.68% | 14.10% | 0.33x | 2.48x | $11.20 Million |
| 2020 | -6.34% | -7.22% | 0.25x | 3.46x | $-95.07 Million |
| 2021 | 13.22% | 15.52% | 0.29x | 2.94x | $20.88 Million |
| 2022 | 10.34% | 10.44% | 0.31x | 3.21x | $2.48 Million |
| 2023 | 12.83% | 8.90% | 0.44x | 3.30x | $22.94 Million |
| 2024 | 3.01% | 2.08% | 0.45x | 3.23x | $-56.01 Million |
Industry Comparison
This section compares MTY Food Group Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,100,683,888
- Average return on equity (ROE) among peers: -9.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MTY Food Group Inc (MTYFF) | $814.83 Million | 6.00% | 2.05x | $520.27 Million |
| Alsea S.A.B. de C.V (ALSSF) | $9.60 Billion | 31.08% | 7.07x | $902.51 Million |
| Arcos Dorados Holdings Inc (ARCO) | $695.30 Million | 7.75% | 2.14x | $952.86 Million |
| AmRest Holdings SE (ARHOF) | $264.70 Million | -68.76% | 6.99x | $477.90 Million |
| Ark Restaurants Corp (ARKR) | $7.80 Million | -3.85% | 0.72x | $10.36 Million |
| Big Buck Brewery & Steakhouse Inc (BBUCQ) | $5.62 Million | -39.20% | 3.43x | $1.94 |
| Flanigans Enterprises Inc (BDL) | $7.67 Million | 17.79% | 0.46x | $18.25 Million |
| Bagger Dave's Burger Tavern Inc (BDVB) | $2.41 Million | -143.08% | 1.53x | $654.12K |
| BurgerFi International, Inc. (BFICQ) | $78.95 Million | -131.01% | 2.51x | $1.57K |
| Biglari Holdings Inc (BH-A) | $1.80 Million | 233.33% | 36.28x | $310.04 Million |
| BJs Restaurants Inc (BJRI) | $345.51 Million | 1.18% | 2.51x | $663.68 Million |