TIGXF
Team Internet Group plc provides domain name services. It operates through three segments: Domains, Identity & Software (DIS), Comparison, and Search. The DIS segment conducts business as a distributor of domain names through a network of channel partners, as well as sells domain names and ancillary services to end users, monitoring services to protect brands online, technical and consultancy ser… Read more
TIGXF (TIGXF) - Net Assets
Latest net assets as of December 2023: $153.50 Million USD
Based on the latest financial reports, TIGXF (TIGXF) has net assets worth $153.50 Million USD as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($546.70 Million) and total liabilities ($393.20 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 | $153.50 Million |
| % of Total Assets | 28.08% |
| Annual Growth Rate | 10.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 24.05 |
TIGXF - Net Assets Trend (2020–2023)
This chart illustrates how TIGXF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TIGXF (2020–2023)
The table below shows the annual net assets of TIGXF from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $153.50 Million | -8.08% |
| 2022-12-31 | $167.00 Million | +46.51% |
| 2021-12-31 | $113.98 Million | +0.08% |
| 2020-12-31 | $113.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TIGXF'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 129.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $128.50 Million | 83.71% |
| Other Components | $25.00 Million | 16.29% |
| Total Equity | $153.50 Million | 100.00% |
TIGXF Competitors by Market Cap
The table below lists competitors of TIGXF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SBFG3F
SA:SBFG3F
|
$18.20K |
|
Knights Group Holdings plc
LSE:KGH
|
$18.21K |
|
Option NV
F:OINA
|
$18.21K |
|
COMB MOTOR HLDS
BE:C8ZN
|
$18.21K |
|
Hansol Logistics Co. Ltd.
KQ:009180
|
$18.19K |
|
GRUPA KLEPSYDRA Spolka Akcyjna
F:2EK
|
$18.18K |
|
FESA3F
SA:FESA3F
|
$18.17K |
|
EPE SPECIAL OPPORT.LS-05
F:EP0
|
$18.16K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TIGXF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 167,000,000 to 153,500,000, a change of -13,500,000 (-8.1%).
- Net income of 24,300,000 contributed positively to equity growth.
- Dividend payments of 3,600,000 reduced retained earnings.
- Share repurchases of 39,700,000 reduced equity.
- Other factors increased equity by 5,500,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $24.30 Million | +15.83% |
| Dividends Paid | $3.60 Million | -2.35% |
| Share Repurchases | $39.70 Million | -25.86% |
| Other Changes | $5.50 Million | +3.58% |
| Total Change | $- | -8.08% |
Book Value vs Market Value Analysis
This analysis compares TIGXF'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 |
|---|---|---|---|
| 2020-12-31 | $0.49 | $0.00 | x |
| 2021-12-31 | $0.45 | $0.00 | x |
| 2022-12-31 | $0.58 | $0.00 | x |
| 2023-12-31 | $0.60 | $0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TIGXF 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): 15.83%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.90%
- • Asset Turnover: 1.53x
- • Equity Multiplier: 3.56x
- Recent ROE (15.83%) is above the historical average (0.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -9.53% | -4.52% | 0.69x | 3.06x | $-22.25 Million |
| 2021 | -3.11% | -0.86% | 1.03x | 3.51x | $-14.94 Million |
| 2022 | -1.26% | -0.29% | 1.30x | 3.34x | $-18.80 Million |
| 2023 | 15.83% | 2.90% | 1.53x | 3.56x | $8.95 Million |
Industry Comparison
This section compares TIGXF's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $3,961,320,935
- Average return on equity (ROE) among peers: -43.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TIGXF (TIGXF) | $153.50 Million | -9.53% | 2.56x | $18.19K |
| ADWYF (ADWYF) | $13.89 Billion | -3.41% | 0.65x | $40.28 Million |
| Allied Energy Inc (AGGI) | $459.19K | -2.50% | 0.26x | $122.37 Million |
| Calibre (ALWIN) | $14.84 Million | -32.00% | 2.03x | $6.06 Million |
| ANGI Homeservices Inc (ANGI) | $176.39 Million | -4.45% | 0.68x | $215.55 Million |
| ApartmentLove Inc (APMLF) | $-156.62K | 0.00% | 0.00x | $1.11K |
| Arena Group Holdings Inc (AREN) | $7.33 Million | -355.75% | 4.07x | $26.45 Million |
| Autohome Inc (ATHM) | $8.95 Billion | 13.71% | 0.05x | $2.50 Billion |
| Bebuzee Inc. (BBUZ) | $237.99 Million | -0.19% | 0.00x | $626.79 |
| BDCTF (BDCTF) | $11.32 Million | -91.21% | 2.48x | $12.72 Million |
| Baidu Inc (BIDU) | $16.33 Billion | 40.66% | 0.43x | $41.50 Billion |