George Weston Limited
George Weston Limited provides food and drug retailing, and financial services in Canada. The company operates in two segments, Loblaw Companies Limited (Loblaw) and Choice Properties Real Estate Investment Trust (Choice Properties). The Loblaw segment provides grocery, corporate and franchise-owned retail food, and associate-owned drug stores, including in-store pharmacies, health care services,… Read more
George Weston Limited (WNGRF) - Net Assets
Latest net assets as of September 2025: $13.01 Billion USD
Based on the latest financial reports, George Weston Limited (WNGRF) has net assets worth $13.01 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($52.05 Billion) and total liabilities ($39.05 Billion). 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 | $13.01 Billion |
| % of Total Assets | 24.99% |
| Annual Growth Rate | 6.82% |
| 5-Year Change | -2.09% |
| 10-Year Change | -12.01% |
| Growth Volatility | 15.22 |
George Weston Limited - Net Assets Trend (1995–2024)
This chart illustrates how George Weston Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for George Weston Limited (1995–2024)
The table below shows the annual net assets of George Weston Limited from 1995 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $13.14 Billion | -2.42% |
| 2023-12-31 | $13.46 Billion | +2.15% |
| 2022-12-31 | $13.18 Billion | +0.33% |
| 2021-12-31 | $13.14 Billion | -2.09% |
| 2020-12-31 | $13.42 Billion | +1.84% |
| 2019-12-31 | $13.18 Billion | -7.24% |
| 2018-12-31 | $14.20 Billion | -3.46% |
| 2017-12-31 | $14.71 Billion | -0.52% |
| 2016-12-31 | $14.79 Billion | -0.94% |
| 2015-12-31 | $14.93 Billion | +4.78% |
| 2014-12-31 | $14.25 Billion | +59.76% |
| 2013-12-31 | $8.92 Billion | +10.52% |
| 2012-12-31 | $8.07 Billion | +5.08% |
| 2011-12-31 | $7.68 Billion | -12.01% |
| 2010-12-31 | $8.73 Billion | -6.36% |
| 2009-12-31 | $9.32 Billion | +14.07% |
| 2008-12-31 | $8.17 Billion | +15.59% |
| 2007-12-31 | $7.07 Billion | -3.18% |
| 2006-12-31 | $7.30 Billion | -0.99% |
| 2005-12-31 | $7.37 Billion | +14.40% |
| 2004-12-31 | $6.45 Billion | +2.74% |
| 2003-12-31 | $6.27 Billion | +5.07% |
| 2002-12-31 | $5.97 Billion | +19.35% |
| 2001-12-31 | $5.00 Billion | +23.20% |
| 2000-12-31 | $4.06 Billion | +10.11% |
| 1999-12-31 | $3.69 Billion | +10.29% |
| 1998-12-31 | $3.34 Billion | +50.29% |
| 1997-12-31 | $2.23 Billion | +9.66% |
| 1996-12-31 | $2.03 Billion | +4.70% |
| 1995-12-31 | $1.94 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to George Weston Limited'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 269.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $5.49 Billion | 87.95% |
| Common Stock | $2.48 Billion | 39.67% |
| Other Comprehensive Income | $246.00 Million | 3.94% |
| Total Equity | $6.24 Billion | 100.00% |
George Weston Limited Competitors by Market Cap
The table below lists competitors of George Weston Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NEC Corporation
PINK:NIPNF
|
$26.89 Billion |
|
Shinhan Financial Group Co Ltd
NYSE:SHG
|
$27.03 Billion |
|
China Tower Corporation Limited
PINK:CTOWY
|
$27.10 Billion |
|
IQVIA Holdings Inc
NYSE:IQV
|
$27.11 Billion |
|
Legrand SA
PINK:LGRVF
|
$26.77 Billion |
|
CTBC Financial Holding Co Ltd
TW:2891
|
$26.71 Billion |
|
Kia Corp
KO:000270
|
$26.57 Billion |
|
Partners Group
PINK:PGPHF
|
$26.51 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in George Weston Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,675,000,000 to 6,242,000,000, a change of -433,000,000 (-6.5%).
- Net income of 1,359,000,000 contributed positively to equity growth.
- Dividend payments of 443,000,000 reduced retained earnings.
- Share repurchases of 2,080,000,000 reduced equity.
- New share issuances of 195,000,000 increased equity.
- Other comprehensive income increased equity by 42,000,000.
- Other factors increased equity by 494,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.36 Billion | +21.77% |
| Dividends Paid | $443.00 Million | -7.1% |
| Share Repurchases | $2.08 Billion | -33.32% |
| Share Issuances | $195.00 Million | +3.12% |
| Other Comprehensive Income | $42.00 Million | +0.67% |
| Other Changes | $494.00 Million | +7.91% |
| Total Change | $- | -6.49% |
Book Value vs Market Value Analysis
This analysis compares George Weston Limited'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: 3.71x
- 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 15.81x to 3.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1995-12-31 | $10.95 | $173.12 | x |
| 1996-12-31 | $14.08 | $173.12 | x |
| 1997-12-31 | $15.84 | $173.12 | x |
| 1998-12-31 | $20.44 | $173.12 | x |
| 1999-12-31 | $19.91 | $173.12 | x |
| 2000-12-31 | $22.09 | $173.12 | x |
| 2001-12-31 | $27.23 | $173.12 | x |
| 2002-12-31 | $33.12 | $173.12 | x |
| 2003-12-31 | $33.73 | $173.12 | x |
| 2004-12-31 | $33.90 | $173.12 | x |
| 2005-12-31 | $37.48 | $173.12 | x |
| 2006-12-31 | $40.41 | $173.12 | x |
| 2007-12-31 | $38.24 | $173.12 | x |
| 2008-12-31 | $45.91 | $173.12 | x |
| 2009-12-31 | $51.44 | $173.12 | x |
| 2010-12-31 | $39.61 | $173.12 | x |
| 2011-12-31 | $42.29 | $173.12 | x |
| 2012-12-31 | $44.19 | $173.12 | x |
| 2013-12-31 | $49.49 | $173.12 | x |
| 2014-12-31 | $56.86 | $173.12 | x |
| 2015-12-31 | $60.05 | $173.12 | x |
| 2016-12-31 | $60.51 | $173.12 | x |
| 2017-12-31 | $61.53 | $173.12 | x |
| 2018-12-31 | $60.82 | $173.12 | x |
| 2019-12-31 | $49.51 | $173.12 | x |
| 2020-12-31 | $50.89 | $173.12 | x |
| 2021-12-31 | $46.33 | $173.12 | x |
| 2022-12-31 | $47.24 | $173.12 | x |
| 2023-12-31 | $48.37 | $173.12 | x |
| 2024-12-31 | $46.72 | $173.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently George Weston Limited 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): 21.77%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.21%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 8.24x
- Recent ROE (21.77%) is above the historical average (12.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1995 | 12.23% | 1.47% | 2.50x | 3.34x | $34.70 Million |
| 1996 | 14.80% | 1.88% | 2.34x | 3.37x | $77.50 Million |
| 1997 | 13.90% | 1.75% | 2.37x | 3.35x | $68.40 Million |
| 1998 | 28.48% | 4.62% | 1.63x | 3.78x | $441.40 Million |
| 1999 | 13.41% | 1.68% | 2.07x | 3.84x | $89.20 Million |
| 2000 | 16.56% | 2.15% | 1.96x | 3.93x | $190.60 Million |
| 2001 | 16.05% | 2.36% | 1.52x | 4.49x | $219.40 Million |
| 2002 | 15.75% | 2.51% | 1.65x | 3.80x | $251.80 Million |
| 2003 | 17.75% | 2.71% | 1.68x | 3.89x | $345.80 Million |
| 2004 | 9.77% | 1.44% | 1.66x | 4.09x | $-10.00 Million |
| 2005 | 13.64% | 2.23% | 1.69x | 3.63x | $186.10 Million |
| 2006 | 2.32% | 0.38% | 1.73x | 3.57x | $-400.30 Million |
| 2007 | 11.40% | 1.72% | 1.78x | 3.72x | $69.30 Million |
| 2008 | 14.04% | 2.59% | 1.63x | 3.32x | $239.30 Million |
| 2009 | 14.91% | 3.25% | 1.58x | 2.90x | $340.80 Million |
| 2010 | 7.37% | 1.41% | 1.53x | 3.40x | $-161.20 Million |
| 2011 | 11.63% | 1.96% | 1.52x | 3.91x | $89.10 Million |
| 2012 | 8.54% | 1.48% | 1.50x | 3.83x | $-83.20 Million |
| 2013 | 9.74% | 1.83% | 1.36x | 3.89x | $-16.50 Million |
| 2014 | 1.73% | 0.29% | 1.18x | 5.09x | $-602.90 Million |
| 2015 | 6.85% | 1.12% | 1.24x | 4.91x | $-242.90 Million |
| 2016 | 7.08% | 1.15% | 1.26x | 4.89x | $-226.40 Million |
| 2017 | 9.61% | 1.57% | 1.25x | 4.88x | $-30.40 Million |
| 2018 | 7.14% | 1.18% | 1.11x | 5.45x | $-230.00 Million |
| 2019 | 3.18% | 0.48% | 1.05x | 6.28x | $-518.90 Million |
| 2020 | 12.33% | 1.76% | 1.14x | 6.15x | $181.90 Million |
| 2021 | 6.19% | 0.80% | 1.14x | 6.77x | $-264.90 Million |
| 2022 | 26.55% | 3.18% | 1.17x | 7.16x | $1.13 Billion |
| 2023 | 23.07% | 2.56% | 1.21x | 7.46x | $872.50 Million |
| 2024 | 21.77% | 2.21% | 1.20x | 8.24x | $734.80 Million |
Industry Comparison
This section compares George Weston Limited's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $14,173,591,586
- Average return on equity (ROE) among peers: 20.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| George Weston Limited (WNGRF) | $13.01 Billion | 12.23% | 3.00x | $26.81 Billion |
| Albertsons Companies (ACI) | $2.28 Billion | 20.47% | 10.97x | $6.24 Billion |
| Koninklijke Ahold Delhaize NV (AHODF) | $16.28 Billion | 5.10% | 1.23x | $32.57 Billion |
| Sendas Distribuidora S.A. (ASAIY) | $2.77 Billion | 58.21% | 7.26x | $2.52 Billion |
| Bim Birlesik Magazalar (BMBRF) | $813.01 Million | 40.75% | 1.62x | $5.01 Billion |
| BMTHF (BMTHF) | $306.68 Million | 3.95% | 1.25x | $60.88 Million |
| Carrefour SA (CRERF) | $10.95 Billion | 11.59% | 3.76x | $8.90 Billion |
| CP ALL Public Company Limited (CVPBF) | $99.82 Billion | 20.97% | 2.74x | $9.06 Billion |
| Dairy Farm International Holdings Limited (DFILF) | $1.76 Billion | 22.92% | 2.11x | $3.57 Billion |
| Dino Polska S.A. (DNOPF) | $5.61 Billion | 25.07% | 0.85x | $11.25 Billion |
| Krispy Kreme Inc (DNUT) | $1.16 Billion | 0.27% | 1.64x | $317.96 Million |