Parrot
Parrot S.A. provides professional drones and software and services in France and internationally. It provides ANAFI Ai, a 4G robotic UAV; ANAFI USA, a drone for the U.S. army and enterprise. The company also offers open source SDK program that expands the capabilities of ANAFI USA and ANAFI Ai drones; Ground SDK, gives developer the ability to create IOS and android mobile apps based on FreeFligh… Read more
Parrot (PAOTF) - Net Assets
Latest net assets as of June 2025: $29.41 Million USD
Based on the latest financial reports, Parrot (PAOTF) has net assets worth $29.41 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 ($66.47 Million) and total liabilities ($37.06 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 | $29.41 Million |
| % of Total Assets | 44.25% |
| Annual Growth Rate | 4.24% |
| 5-Year Change | -50.09% |
| 10-Year Change | -88.31% |
| Growth Volatility | 64.5 |
Parrot - Net Assets Trend (2005–2024)
This chart illustrates how Parrot's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Parrot (2005–2024)
The table below shows the annual net assets of Parrot from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $49.74 Million | -9.83% |
| 2023-12-31 | $55.17 Million | -34.34% |
| 2022-12-31 | $84.02 Million | -16.07% |
| 2021-12-31 | $100.11 Million | +0.45% |
| 2020-12-31 | $99.66 Million | -28.43% |
| 2019-12-31 | $139.24 Million | -14.51% |
| 2018-12-31 | $162.87 Million | -35.16% |
| 2017-12-31 | $251.19 Million | -12.82% |
| 2016-12-31 | $288.14 Million | -32.30% |
| 2015-12-31 | $425.59 Million | +132.65% |
| 2014-12-31 | $182.93 Million | +0.02% |
| 2013-12-31 | $182.90 Million | -2.88% |
| 2012-12-31 | $188.32 Million | +6.53% |
| 2011-12-31 | $176.77 Million | +16.19% |
| 2010-12-31 | $152.14 Million | +20.12% |
| 2009-12-31 | $126.66 Million | +10.20% |
| 2008-12-31 | $114.94 Million | +8.40% |
| 2007-12-31 | $106.03 Million | +37.18% |
| 2006-12-31 | $77.29 Million | +241.91% |
| 2005-12-31 | $22.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Parrot'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 232.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $4.68 Million | 9.97% |
| Other Components | $51.50 Million | 109.70% |
| Total Equity | $46.95 Million | 100.00% |
Parrot Competitors by Market Cap
The table below lists competitors of Parrot ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Info-Tek
TWO:8183
|
$80.21 Million |
|
Blackfinch Spring VCT PLC
LSE:BFSP
|
$80.22 Million |
|
Jinzhou Port Co Ltd A
SHG:600190
|
$80.24 Million |
|
Synergy Innovation Co. Ltd
KQ:048870
|
$80.27 Million |
|
Astarta Holding N.V.
WAR:AST
|
$80.14 Million |
|
Independent Generations ESG Akk
CO:IIVGESGA
|
$80.07 Million |
|
Selan Exploration Technology Limited
NSE:SELAN
|
$79.99 Million |
|
XANO Industri AB (publ)
ST:XANO-B
|
$79.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parrot's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 54,694,000 to 46,947,000, a change of -7,747,000 (-14.2%).
- Net loss of 9,235,000 reduced equity.
- Other comprehensive income increased equity by 249,117,000.
- Other factors decreased equity by 247,629,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-9.23 Million | -19.67% |
| Other Comprehensive Income | $249.12 Million | +530.63% |
| Other Changes | $-247.63 Million | -527.47% |
| Total Change | $- | -14.16% |
Book Value vs Market Value Analysis
This analysis compares Parrot'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: 4.49x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 3.01x to 4.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | $2.28 | $6.86 | x |
| 2006-12-31 | $6.14 | $6.86 | x |
| 2007-12-31 | $7.77 | $6.86 | x |
| 2008-12-31 | $8.72 | $6.86 | x |
| 2009-12-31 | $9.64 | $6.86 | x |
| 2010-12-31 | $11.53 | $6.86 | x |
| 2011-12-31 | $13.29 | $6.86 | x |
| 2012-12-31 | $14.09 | $6.86 | x |
| 2013-12-31 | $13.70 | $6.86 | x |
| 2014-12-31 | $14.46 | $6.86 | x |
| 2015-12-31 | $30.71 | $6.86 | x |
| 2016-12-31 | $9.62 | $6.86 | x |
| 2017-12-31 | $8.41 | $6.86 | x |
| 2018-12-31 | $5.45 | $6.86 | x |
| 2019-12-31 | $4.66 | $6.86 | x |
| 2020-12-31 | $3.31 | $6.86 | x |
| 2021-12-31 | $3.25 | $6.86 | x |
| 2022-12-31 | $2.73 | $6.86 | x |
| 2023-12-31 | $1.79 | $6.86 | x |
| 2024-12-31 | $1.53 | $6.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parrot 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): -19.67%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.83%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.82x
- Recent ROE (-19.67%) is below the historical average (-9.31%), 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 | 23.48% | 8.49% | 1.40x | 1.98x | $3.05 Million |
| 2006 | 9.10% | 4.42% | 1.22x | 1.69x | $-692.90K |
| 2007 | 18.83% | 9.08% | 1.46x | 1.42x | $9.36 Million |
| 2008 | 12.20% | 6.79% | 1.25x | 1.44x | $2.53 Million |
| 2009 | 7.56% | 5.68% | 1.00x | 1.33x | $-3.09 Million |
| 2010 | 9.22% | 5.80% | 1.15x | 1.38x | $-1.19 Million |
| 2011 | 16.23% | 11.59% | 0.88x | 1.59x | $11.02 Million |
| 2012 | 13.01% | 8.75% | 0.92x | 1.62x | $5.68 Million |
| 2013 | 0.85% | 0.66% | 0.84x | 1.52x | $-16.79 Million |
| 2014 | -1.41% | -1.06% | 0.79x | 1.69x | $-20.97 Million |
| 2015 | 0.11% | 0.14% | 0.50x | 1.54x | $-42.04 Million |
| 2016 | -47.50% | -82.85% | 0.33x | 1.75x | $-166.94 Million |
| 2017 | -15.06% | -25.16% | 0.38x | 1.59x | $-63.60 Million |
| 2018 | -67.63% | -101.85% | 0.45x | 1.48x | $-127.72 Million |
| 2019 | -21.31% | -38.85% | 0.40x | 1.36x | $-43.42 Million |
| 2020 | -38.76% | -67.12% | 0.39x | 1.47x | $-48.36 Million |
| 2021 | -2.55% | -4.61% | 0.38x | 1.47x | $-12.34 Million |
| 2022 | -23.50% | -27.13% | 0.58x | 1.48x | $-27.82 Million |
| 2023 | -59.39% | -49.99% | 0.74x | 1.60x | $-37.95 Million |
| 2024 | -19.67% | -11.83% | 0.91x | 1.82x | $-13.93 Million |
Industry Comparison
This section compares Parrot's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $1,490,345,014
- Average return on equity (ROE) among peers: -191.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parrot (PAOTF) | $29.41 Million | 23.48% | 1.26x | $80.19 Million |
| AAC Technologies Holdings Inc (AACAY) | $14.21 Billion | 28.32% | 0.71x | $4.55 Billion |
| Applied Opt (AAOI) | $115.01 Million | 3.72% | 0.60x | $2.97 Billion |
| Ability Inc (ABILF) | $5.00 Million | -5.60% | 13.35x | $544.32 |
| ADTRAN Inc (ADTN) | $378.43 Million | 20.17% | 0.27x | $785.61 Million |
| ADVA Optical Networking SE (ADVOF) | $176.06 Million | -16.73% | 0.17x | $243.68 Million |
| Airgain Inc (AIRG) | $46.22 Million | 2.47% | 0.22x | $44.70 Million |
| Aerkomm Inc (AKOM) | $24.19 Million | -98.53% | 2.63x | $805.19K |
| Akoustis Technologies, Inc. (AKTSQ) | $-57.09 Million | 0.00% | 0.00x | $135.67K |
| Amplitech Group Inc (AMPG) | $440.28K | -233.03% | 5.39x | $50.17 Million |
| Actelis Networks Inc. (ASNS) | $388.00K | -1620.10% | 27.93x | $465.34K |