Ferronoux Holdings Inc
Ferronoux Holdings Inc operates in Consumer Finance.
Ferronoux Holdings Inc (FERRO) - Net Assets
Latest net assets as of June 2023: ₱138.92 Million PHP
Based on the latest financial reports, Ferronoux Holdings Inc (FERRO) has net assets worth ₱138.92 Million PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱153.14 Million) and total liabilities (₱14.23 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 | ₱138.92 Million |
| % of Total Assets | 90.71% |
| Annual Growth Rate | -13.64% |
| 5-Year Change | 6.06% |
| 10-Year Change | N/A |
| Growth Volatility | 22.21 |
Ferronoux Holdings Inc - Net Assets Trend (2016–2022)
This chart illustrates how Ferronoux Holdings 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 Ferronoux Holdings Inc (2016–2022)
The table below shows the annual net assets of Ferronoux Holdings Inc from 2016 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱138.52 Million | +1.16% |
| 2021-12-31 | ₱136.93 Million | +1.13% |
| 2020-12-31 | ₱135.39 Million | +3.27% |
| 2019-12-31 | ₱131.11 Million | +0.39% |
| 2018-12-31 | ₱130.61 Million | -58.97% |
| 2017-12-31 | ₱318.34 Million | -4.66% |
| 2016-12-31 | ₱333.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ferronoux Holdings 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 19537680000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | ₱261.82 Million | 189.02% |
| Other Components | ₱74.28 Million | 53.62% |
| Total Equity | ₱138.52 Million | 100.00% |
Ferronoux Holdings Inc Competitors by Market Cap
The table below lists competitors of Ferronoux Holdings Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
4 Less Group Inc
PINK:FLES
|
$881.18 |
|
Huddled Group Plc
LSE:HUD
|
$881.37 |
|
Doseology Sciences Inc.
OTCQB:DOSEF
|
$883.41 |
|
Finsbury Growth & Income Trust
LSE:FGT
|
$884.29 |
|
Media Sentiment Inc
PINK:MSEZ
|
$880.74 |
|
Kbridge Energy Corp
PINK:BMMCF
|
$880.54 |
|
Varsav Game Studios S.A.
WAR:VAR
|
$880.20 |
|
Impact Fusion International Inc
PINK:IFUS
|
$877.89 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ferronoux Holdings Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 136,925,610 to 138,519,360, a change of 1,593,750 (1.2%).
- Net income of 1,593,750 contributed positively to equity growth.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱1.59 Million | +1.15% |
| Total Change | ₱- | 1.16% |
Book Value vs Market Value Analysis
This analysis compares Ferronoux Holdings 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: 10.11x
- 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 increased from 4.20x to 10.11x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱1.28 | ₱5.35 | x |
| 2017-12-31 | ₱1.22 | ₱5.35 | x |
| 2018-12-31 | ₱0.50 | ₱5.35 | x |
| 2019-12-31 | ₱0.50 | ₱5.35 | x |
| 2020-12-31 | ₱0.52 | ₱5.35 | x |
| 2021-12-31 | ₱0.52 | ₱5.35 | x |
| 2022-12-31 | ₱0.53 | ₱5.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ferronoux Holdings 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): 1.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.86%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.09x
- Recent ROE (1.15%) is above the historical average (0.56%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 1.40% | 68.75% | 0.02x | 1.01x | ₱-28.73 Million |
| 2017 | -4.89% | -242.30% | 0.02x | 1.00x | ₱-47.39 Million |
| 2018 | 1.40% | 27.87% | 0.05x | 1.01x | ₱-11.23 Million |
| 2019 | 0.39% | 7.57% | 0.05x | 1.04x | ₱-12.61 Million |
| 2020 | 3.16% | 93.17% | 0.03x | 1.06x | ₱-9.26 Million |
| 2021 | 1.34% | 54.13% | 0.02x | 1.08x | ₱-11.86 Million |
| 2022 | 1.15% | 47.86% | 0.02x | 1.09x | ₱-12.26 Million |
Industry Comparison
This section compares Ferronoux Holdings Inc's net assets metrics with peer companies in the Banking Services industry.
Industry Context
- Industry: Banking Services
- Average net assets among peers: $133,630,379,136
- Average return on equity (ROE) among peers: 9.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ferronoux Holdings Inc (FERRO) | ₱138.92 Million | 1.40% | 0.10x | $881.03 |
| Asia United Bank Corp (AUB) | $35.08 Billion | 8.62% | 7.99x | $6.66K |
| BDO Unibank Inc (BDO) | $216.82 Billion | 12.10% | 9.72x | $18.87K |
| Bank of the Philippine Islands (BPI) | $279.83 Billion | 7.65% | 6.98x | $15.96K |
| Filinvest Development Coproration (FDC) | $79.40 Billion | 8.33% | 5.71x | $717.41 |
| LT Group Inc (LTG) | $190.07 Billion | 10.65% | 5.90x | $2.38K |
| Metropolitan Bank & Trust Co (MBT) | $150.13 Billion | 13.40% | 9.69x | $10.49K |
| Philippine National Bank (PNB) | $152.09 Billion | 6.37% | 6.51x | $9.06K |
| Philippine Savings Bank (PSB) | $37.14 Billion | 9.90% | 6.12x | $9.09K |
| Rizal Commercial Banking Corp (RCB) | $62.11 Billion | 6.23% | 7.39x | $3.88K |