TRTPF
Trustpilot Group plc engages in the development and hosting of an online review platform for businesses and consumers in the United Kingdom, North America, Europe, and internationally. The company's online review platform enables consumers to make purchasing decisions and businesses. It also provides software-as-a-service (SaaS). The company was founded in 2007 and is headquartered in London, the… Read more
TRTPF (TRTPF) - Net Assets
Latest net assets as of June 2025: $31.01 Million USD
Based on the latest financial reports, TRTPF (TRTPF) has net assets worth $31.01 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 ($148.37 Million) and total liabilities ($117.35 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 | $31.01 Million |
| % of Total Assets | 20.9% |
| Annual Growth Rate | 55.94% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 328.51 |
TRTPF - Net Assets Trend (2020–2024)
This chart illustrates how TRTPF's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TRTPF (2020–2024)
The table below shows the annual net assets of TRTPF from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $41.39 Million | -34.42% |
| 2023-12-31 | $63.11 Million | +37.69% |
| 2022-12-31 | $45.84 Million | -22.91% |
| 2021-12-31 | $59.45 Million | +749.46% |
| 2020-12-31 | $7.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TRTPF'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 3283600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $159.86 Million | 386.26% |
| Total Equity | $41.39 Million | 100.00% |
TRTPF Competitors by Market Cap
The table below lists competitors of TRTPF ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LGI Homes
NASDAQ:LGIH
|
$771.48 Million |
|
Beyondsoft Corp
SHE:002649
|
$771.78 Million |
|
Garden Reach Shipbuilders & Engineers Limited
NSE:GRSE
|
$772.16 Million |
|
Guangdong CHJ Industry Co Ltd
SHE:002345
|
$772.39 Million |
|
Chambal Fertilizers & Chemicals Limited
NSE:CHAMBLFERT
|
$770.15 Million |
|
Arctech Solar Holding Co Ltd
SHG:688408
|
$770.04 Million |
|
PTT OIL+RET.BUS.-FOR-BA10
F:7F8
|
$770.02 Million |
|
Winall Hi tech Seed
SHE:300087
|
$769.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TRTPF's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 63,113,000 to 41,387,000, a change of -21,726,000 (-34.4%).
- Net income of 6,234,000 contributed positively to equity growth.
- Share repurchases of 43,249,000 reduced equity.
- New share issuances of 5,414,000 increased equity.
- Other factors increased equity by 9,875,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $6.23 Million | +15.06% |
| Share Repurchases | $43.25 Million | -104.5% |
| Share Issuances | $5.41 Million | +13.08% |
| Other Changes | $9.88 Million | +23.86% |
| Total Change | $- | -34.42% |
Book Value vs Market Value Analysis
This analysis compares TRTPF'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: 31.79x
- 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 decreased from 185.98x to 31.79x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | $0.02 | $3.18 | x |
| 2021-12-31 | $0.14 | $3.18 | x |
| 2022-12-31 | $0.11 | $3.18 | x |
| 2023-12-31 | $0.15 | $3.18 | x |
| 2024-12-31 | $0.10 | $3.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TRTPF 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): 15.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.96%
- • Asset Turnover: 1.46x
- • Equity Multiplier: 3.49x
- Recent ROE (15.06%) is above the historical average (-44.92%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -175.44% | -12.04% | 1.20x | 12.18x | $-12.98 Million |
| 2021 | -43.55% | -19.70% | 1.02x | 2.17x | $-31.84 Million |
| 2022 | -31.95% | -9.83% | 1.19x | 2.72x | $-19.23 Million |
| 2023 | 11.26% | 4.03% | 1.13x | 2.48x | $797.70K |
| 2024 | 15.06% | 2.96% | 1.46x | 3.49x | $2.10 Million |
Industry Comparison
This section compares TRTPF's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $1,166,100,419
- Average return on equity (ROE) among peers: -60.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TRTPF (TRTPF) | $31.01 Million | -175.44% | 3.78x | $771.14 Million |
| Abaxx Technologies Inc (ABXXF) | $-1.66 Million | 0.00% | 0.00x | $201.28 Million |
| Acceleware Ltd (ACWRF) | $494.24K | -556.36% | 1.94x | $8.62 Million |
| Adobe Systems Incorporated (ADBE) | $4.65 Billion | 15.57% | 0.23x | $100.66 Billion |
| Adcore Inc (ADCOF) | $-3.18 | 0.00% | 0.00x | $3.03 Million |
| ADEIA CORP (ADEA) | $446.70 Million | -41.54% | 0.09x | $2.48 Billion |
| Automatic Data Processing Inc (ADP) | $6.01 Billion | 20.87% | 4.70x | $83.68 Billion |
| Autodesk Inc (ADSK) | $569.21 Million | 5.60% | 0.55x | $48.93 Billion |
| Allied Security Innovations Inc (ADSV) | $-23.08 Million | 0.00% | 0.00x | $0.98 |
| AudioEye Inc (AEYE) | $9.44 Million | -45.08% | 2.15x | $48.56 Million |
| Affinity Networks Inc (AFFN) | $-470.19K | 0.00% | 0.00x | $0.96 |