The Rowe Companies Inc
The Rowe Companies, Inc. is a holding company, which through its subsidiaries manufactures and markets home furnishings in the United States. The company operates in two segments, Wholesale Home Furnishings and Retail Home Furnishings. The Wholesale Home Furnishings segment designs and manufactures upholstered furniture, including sofas, loveseats, benches, ottomans and chairs, occasional chairs,… Read more
The Rowe Companies Inc (ROWC) - Net Assets
Latest net assets as of May 2006: $39.14 Million USD
Based on the latest financial reports, The Rowe Companies Inc (ROWC) has net assets worth $39.14 Million USD as of May 2006.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($131.74 Million) and total liabilities ($92.60 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 | $39.14 Million |
| % of Total Assets | 29.71% |
| Annual Growth Rate | 3.33% |
| 5-Year Change | 1.93% |
| 10-Year Change | 18.41% |
| Growth Volatility | 12.23 |
The Rowe Companies Inc - Net Assets Trend (1985–2005)
This chart illustrates how The Rowe Companies 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 The Rowe Companies Inc (1985–2005)
The table below shows the annual net assets of The Rowe Companies Inc from 1985 to 2005.
| Year | Net Assets | Change |
|---|---|---|
| 2005-11-30 | $47.60 Million | -9.65% |
| 2004-11-30 | $52.68 Million | +1.47% |
| 2003-11-30 | $51.92 Million | +6.34% |
| 2002-11-30 | $48.82 Million | +4.55% |
| 2001-11-30 | $46.70 Million | -15.74% |
| 2000-11-30 | $55.42 Million | +1.32% |
| 1999-11-30 | $54.70 Million | +21.02% |
| 1998-11-30 | $45.20 Million | +14.43% |
| 1997-11-30 | $39.50 Million | -1.74% |
| 1996-11-30 | $40.20 Million | +12.92% |
| 1995-11-30 | $35.60 Million | +10.22% |
| 1994-11-30 | $32.30 Million | +29.72% |
| 1993-11-30 | $24.90 Million | +23.27% |
| 1992-11-30 | $20.20 Million | +5.21% |
| 1991-11-30 | $19.20 Million | -3.52% |
| 1990-11-30 | $19.90 Million | -2.93% |
| 1989-11-30 | $20.50 Million | +4.59% |
| 1988-11-30 | $19.60 Million | +8.29% |
| 1987-11-30 | $18.10 Million | -11.71% |
| 1986-11-30 | $20.50 Million | -17.00% |
| 1985-11-30 | $24.70 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Rowe Companies 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 53.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2005)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $29.47 Million | 61.92% |
| Common Stock | $16.73 Million | 35.14% |
| Other Comprehensive Income | $135.00K | 0.28% |
| Other Components | $1.26 Million | 2.66% |
| Total Equity | $47.60 Million | 100.00% |
The Rowe Companies Inc Competitors by Market Cap
The table below lists competitors of The Rowe Companies Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Founders Bay Holdings
PINK:FDBH
|
$2.84 |
|
Rimrock Gold Corp
PINK:RMRK
|
$2.86 |
|
zvelo Inc
PINK:ZVLO
|
$2.88 |
|
Citron Inc
PINK:CTNI
|
$2.88 |
|
Amelco Corporation
PINK:AMLC
|
$2.84 |
|
Bioelectronics Corp
PINK:BIEL
|
$2.83 |
|
Il2m International Corp
PINK:ILIM
|
$2.83 |
|
LEHMAN BROTHERS HOLDINGS CAP TS
PINK:LEHLQ
|
$2.83 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Rowe Companies Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2004 to 2005, total equity changed from 52,680,000 to 47,599,000, a change of -5,081,000 (-9.6%).
- Net loss of 5,305,000 reduced equity.
- Share repurchases of 32,000 reduced equity.
- Other comprehensive income increased equity by 126,000.
Equity Change Factors (2004 to 2005)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-5.30 Million | -11.15% |
| Share Repurchases | $32.00K | -0.07% |
| Other Comprehensive Income | $126.00K | +0.26% |
| Other Changes | $130.00K | +0.27% |
| Total Change | $- | -9.65% |
Book Value vs Market Value Analysis
This analysis compares The Rowe Companies 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: 0.00x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1985-11-30 | $1.20 | $0.00 | x |
| 1986-11-30 | $1.12 | $0.00 | x |
| 1987-11-30 | $1.15 | $0.00 | x |
| 1988-11-30 | $1.28 | $0.00 | x |
| 1989-11-30 | $1.48 | $0.00 | x |
| 1990-11-30 | $1.33 | $0.00 | x |
| 1991-11-30 | $1.15 | $0.00 | x |
| 1992-11-30 | $1.44 | $0.00 | x |
| 1993-11-30 | $1.61 | $0.00 | x |
| 1994-11-30 | $2.04 | $0.00 | x |
| 1995-11-30 | $2.33 | $0.00 | x |
| 1996-11-30 | $2.65 | $0.00 | x |
| 1997-11-30 | $2.70 | $0.00 | x |
| 1998-11-30 | $3.19 | $0.00 | x |
| 1999-11-30 | $3.86 | $0.00 | x |
| 2000-11-30 | $4.21 | $0.00 | x |
| 2001-11-30 | $3.56 | $0.00 | x |
| 2002-11-30 | $3.70 | $0.00 | x |
| 2003-11-30 | $3.93 | $0.00 | x |
| 2004-11-30 | $3.89 | $0.00 | x |
| 2005-11-30 | $3.58 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Rowe Companies 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): -11.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.77%
- • Asset Turnover: 2.23x
- • Equity Multiplier: 2.82x
- Recent ROE (-11.15%) is below the historical average (9.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1985 | 14.17% | 4.45% | 1.65x | 1.93x | $1.03 Million |
| 1986 | 10.73% | 2.69% | 1.84x | 2.17x | $150.00K |
| 1987 | 12.15% | 2.43% | 2.03x | 2.46x | $390.00K |
| 1988 | 11.73% | 2.64% | 2.05x | 2.17x | $340.00K |
| 1989 | 8.78% | 2.18% | 1.96x | 2.05x | $-250.00K |
| 1990 | 1.51% | 0.42% | 1.92x | 1.89x | $-1.69 Million |
| 1991 | -2.60% | -0.78% | 1.82x | 1.82x | $-2.42 Million |
| 1992 | 6.93% | 1.90% | 1.99x | 1.83x | $-620.00K |
| 1993 | 20.48% | 5.73% | 2.06x | 1.73x | $2.61 Million |
| 1994 | 21.05% | 6.12% | 2.31x | 1.49x | $3.57 Million |
| 1995 | 20.22% | 5.76% | 2.15x | 1.63x | $3.64 Million |
| 1996 | 17.66% | 4.98% | 2.22x | 1.60x | $3.08 Million |
| 1997 | 15.95% | 4.37% | 2.26x | 1.61x | $2.35 Million |
| 1998 | 24.78% | 6.21% | 1.63x | 2.44x | $6.68 Million |
| 1999 | 25.41% | 5.02% | 1.64x | 3.08x | $8.43 Million |
| 2000 | 6.39% | 1.02% | 2.12x | 2.97x | $-2.00 Million |
| 2001 | -13.25% | -2.30% | 1.73x | 3.32x | $-10.86 Million |
| 2002 | 4.14% | 0.75% | 1.54x | 3.57x | $-2.86 Million |
| 2003 | 4.90% | 0.91% | 2.16x | 2.49x | $-2.65 Million |
| 2004 | 1.96% | 0.35% | 2.12x | 2.64x | $-4.24 Million |
| 2005 | -11.15% | -1.77% | 2.23x | 2.82x | $-10.06 Million |
Industry Comparison
This section compares The Rowe Companies Inc's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $209,687,587
- Average return on equity (ROE) among peers: -51.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Rowe Companies Inc (ROWC) | $39.14 Million | 14.17% | 2.37x | $2.84 |
| American Woodmark Corporation (AMWD) | $229.84 Million | 15.44% | 0.74x | $565.18 Million |
| Aterian Inc (ATER) | $10.73 Million | -548.05% | 5.94x | $3.11 Million |
| Applied UV, Inc. (AUVIQ) | $24.88 Million | -53.06% | 1.35x | $467.00 |
| Bassett Furniture Industries (BSET) | $167.33 Million | -5.79% | 1.04x | $110.61 Million |
| Breville Group Limited (BVILF) | $177.41 Million | 25.92% | 0.57x | $2.02 Billion |
| Traeger Inc (COOK) | $430.88 Million | -6.87% | 1.15x | $49.44 Million |
| Crown Crafts Inc (CRWS) | $31.39 Million | 13.72% | 0.46x | $25.08 Million |
| Deer Consumer Prodct (DEER) | $-17.75K | 0.00% | 0.00x | $0.91 |
| De'Longhi S.p.A (DELHF) | $1.02 Billion | 17.45% | 1.04x | $1.30 Billion |
| Dyna Group International Inc (DGIX) | $2.70 Million | 22.22% | 1.22x | $7.86K |