Prestige Cars International Inc
Prestige Cars International, Inc. operates as a restorer and dealer of pre-owned Rolls Royce, Bentley and other high-end motor cars, including many collector's editions. The company is based in Ft. Lauderdale, Florida. As per the transaction announced on March 27, 2007, Prestige Cars International, Inc. is a subsidiary of Cambridge Park Limited, Inc.
Prestige Cars International Inc (PREC) - Net Assets
Latest net assets as of March 2025: $209.28K USD
Based on the latest financial reports, Prestige Cars International Inc (PREC) has net assets worth $209.28K USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($788.54K) and total liabilities ($579.27K). 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 | $209.28K |
| % of Total Assets | 26.54% |
| Annual Growth Rate | 61.44% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 892.27 |
Prestige Cars International Inc - Net Assets Trend (2018–2024)
This chart illustrates how Prestige Cars International 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 Prestige Cars International Inc (2018–2024)
The table below shows the annual net assets of Prestige Cars International Inc from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $114.78K | +152.12% |
| 2023-12-31 | $-220.20K | +40.11% |
| 2022-12-31 | $-367.68K | -18.25% |
| 2021-12-31 | $-310.93K | -63.64% |
| 2020-12-31 | $-190.00K | -1701.37% |
| 2019-12-31 | $11.87K | +83.16% |
| 2018-12-31 | $6.48K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Prestige Cars International 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 decreased by 9086400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $41.50K | 36.16% |
| Other Components | $192.44K | 167.66% |
| Total Equity | $114.78K | 100.00% |
Prestige Cars International Inc Competitors by Market Cap
The table below lists competitors of Prestige Cars International Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Trust Securities & Brokerage Ltd
KAR:TSBL
|
$59.91 |
|
ProtoSource Corporation
PINK:PSCO
|
$60.12 |
|
SEED CO LIMITED
XZIM:SEED
|
$60.27 |
|
Kasten Inc
PINK:KAST
|
$60.30 |
|
Caduceus Software Systems Corp
PINK:CSOC
|
$59.62 |
|
ZB FINANCIAL HOLDINGS LIMITED
XZIM:ZBFH
|
$59.37 |
|
Milton Capital PLC
LSE:MII
|
$59.27 |
|
Gore Street Energy Storage Fund Plc
LSE:GSF
|
$59.23 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Prestige Cars International Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -220,204 to 114,780, a change of 334,984.
- Net income of 139,122 contributed positively to equity growth.
- Other comprehensive income decreased equity by 38,078.
- Other factors increased equity by 233,940.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $139.12K | +121.21% |
| Other Comprehensive Income | $-38.08K | -33.17% |
| Other Changes | $233.94K | +203.82% |
| Total Change | $- | % |
Book Value vs Market Value Analysis
This analysis compares Prestige Cars International 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: 2.35x
- 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 34.89x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | $0.00 | $0.01 | x |
| 2019-12-31 | $0.00 | $0.01 | x |
| 2020-12-31 | $-0.06 | $0.01 | x |
| 2021-12-31 | $-0.01 | $0.01 | x |
| 2022-12-31 | $-0.01 | $0.01 | x |
| 2023-12-31 | $-0.01 | $0.01 | x |
| 2024-12-31 | $0.00 | $0.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Prestige Cars International 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): 121.21%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.53%
- • Asset Turnover: 3.95x
- • Equity Multiplier: 5.55x
- Recent ROE (121.21%) is above the historical average (36.40%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 88.19% | 0.63% | 1.15x | 121.77x | $5.07K |
| 2019 | 45.40% | 0.78% | 0.77x | 74.91x | $4.20K |
| 2020 | 0.00% | -30.01% | 1.00x | 0.00x | $-183.66K |
| 2021 | 0.00% | -14.86% | 0.47x | 0.00x | $-89.04K |
| 2022 | 0.00% | -2.78% | 1.51x | 0.00x | $-19.99K |
| 2023 | 0.00% | 5.74% | 3.95x | 0.00x | $166.20K |
| 2024 | 121.21% | 5.53% | 3.95x | 5.55x | $127.64K |
Industry Comparison
This section compares Prestige Cars International Inc's net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $536,533,651
- Average return on equity (ROE) among peers: -3.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Prestige Cars International Inc (PREC) | $209.28K | 88.19% | 2.77x | $59.64 |
| Asbury Automotive Group Inc (ABG) | $243.60 Million | 5.50% | 4.75x | $2.83 Billion |
| ACV Auctions Inc. (ACVA) | $440.00 Million | -18.11% | 1.24x | $1.29 Billion |
| Balincan International Inc (ALTB) | $46.21K | -77.90% | 1.45x | $549.75 Million |
| AMA Group Limited (AMGRF) | $24.58 Million | 31.18% | 1.18x | $14.62 Million |
| AutoNation Inc (AN) | $3.83 Billion | 9.97% | 1.22x | $6.08 Billion |
| AutoCanada Inc (AOCIF) | $124.50 Million | 19.47% | 2.30x | $138.46 Million |
| AUTO1 Group SE (ATOGF) | $577.45 Million | -20.17% | 1.95x | $2.48 Billion |
| Autozi Internet Technology (Global) Ltd. Class A Ordinary Shares (AZI) | $-35.18 Million | 0.00% | 0.00x | $19.58 Million |
| Boyd Group Services Inc (BYDGF) | $35.21 Million | 3.97% | 1.37x | $3.03 Billion |
| CarGurus (CARG) | $127.03 Million | 10.39% | 0.39x | $2.69 Billion |