WORTHINGTON IND (WTH.SG)
WORTHINGTON IND (WTH.SG) operates in Diversified Metals & Mining.
WORTHINGTON IND (WTH.SG) (WTH) - Net Assets
Latest net assets as of August 2024: €903.24 Million EUR
Based on the latest financial reports, WORTHINGTON IND (WTH.SG) (WTH) has net assets worth €903.24 Million EUR as of August 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€1.65 Billion) and total liabilities (€742.03 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 | €903.24 Million |
| % of Total Assets | 54.9% |
| Annual Growth Rate | -0.4% |
| 5-Year Change | -7.8% |
| 10-Year Change | N/A |
| Growth Volatility | 28.92 |
WORTHINGTON IND (WTH.SG) - Net Assets Trend (2016–2024)
This chart illustrates how WORTHINGTON IND (WTH.SG)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for WORTHINGTON IND (WTH.SG) (2016–2024)
The table below shows the annual net assets of WORTHINGTON IND (WTH.SG) from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-05-31 | €891.01 Million | -51.09% |
| 2023-05-31 | €1.82 Billion | +12.87% |
| 2022-05-31 | €1.61 Billion | +4.01% |
| 2021-05-31 | €1.55 Billion | +60.56% |
| 2020-05-31 | €966.43 Million | +1.90% |
| 2019-05-31 | €948.39 Million | -8.49% |
| 2018-05-31 | €1.04 Billion | -3.50% |
| 2017-05-31 | €1.07 Billion | +16.75% |
| 2016-05-31 | €919.85 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to WORTHINGTON IND (WTH.SG)'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 12.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (May 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €589.39 Million | 66.31% |
| Other Components | €299.49 Million | 33.69% |
| Total Equity | €888.88 Million | 100.00% |
WORTHINGTON IND (WTH.SG) Competitors by Market Cap
The table below lists competitors of WORTHINGTON IND (WTH.SG) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TECK RESOURCES-B - Dusseldorf Stock Exchang
DU:TEKB
|
$398.40K |
|
MegaWatt Lithium and Battery Metals Corp
OTCQB:WALRF
|
$398.58K |
|
Vanadian Energy Corp
PINK:URCFF
|
$398.58K |
|
Orad-M
TA:ORAD
|
$398.74K |
|
NexGel Inc Warrant
NASDAQ:NXGLW
|
$398.23K |
|
3I Infrastructure PLC
LSE:3IN
|
$396.99K |
|
The Shyft Group Inc
F:SP8
|
$396.81K |
|
COGNEX - Dusseldorf Stock Exchang
DU:CGZ
|
$396.76K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in WORTHINGTON IND (WTH.SG)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,696,011,000 to 888,879,000, a change of -807,132,000 (-47.6%).
- Net income of 110,624,000 contributed positively to equity growth.
- Dividend payments of 274,867,000 reduced retained earnings.
- Share repurchases of 11,399,000 reduced equity.
- Other factors decreased equity by 631,490,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €110.62 Million | +12.45% |
| Dividends Paid | €274.87 Million | -30.92% |
| Share Repurchases | €11.40 Million | -1.28% |
| Other Changes | €-631.49 Million | -71.04% |
| Total Change | €- | -47.59% |
Book Value vs Market Value Analysis
This analysis compares WORTHINGTON IND (WTH.SG)'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: 2.30x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.72x to 2.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-05-31 | €15.15 | €41.24 | x |
| 2018-05-31 | €15.60 | €41.24 | x |
| 2019-05-31 | €14.99 | €41.24 | x |
| 2020-05-31 | €15.03 | €41.24 | x |
| 2021-05-31 | €27.24 | €41.24 | x |
| 2022-05-31 | €30.61 | €41.24 | x |
| 2023-05-31 | €34.85 | €41.24 | x |
| 2024-05-31 | €17.95 | €41.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently WORTHINGTON IND (WTH.SG) 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): 12.45%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.88%
- • Asset Turnover: 0.76x
- • Equity Multiplier: 1.84x
- Recent ROE (12.45%) is below the historical average (21.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 18.11% | 5.10% | 1.37x | 2.60x | €64.38 Million |
| 2017 | 21.49% | 6.79% | 1.30x | 2.44x | €109.35 Million |
| 2018 | 21.20% | 5.44% | 1.37x | 2.85x | €102.92 Million |
| 2019 | 18.46% | 4.08% | 1.50x | 3.02x | €70.33 Million |
| 2020 | 9.60% | 2.58% | 1.31x | 2.84x | €-3.29 Million |
| 2021 | 51.77% | 22.82% | 0.94x | 2.41x | €583.98 Million |
| 2022 | 25.62% | 28.98% | 0.36x | 2.46x | €231.31 Million |
| 2023 | 15.13% | 18.08% | 0.39x | 2.15x | €86.93 Million |
| 2024 | 12.45% | 8.88% | 0.76x | 1.84x | €21.74 Million |
Industry Comparison
This section compares WORTHINGTON IND (WTH.SG)'s net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| WORTHINGTON IND (WTH.SG) (WTH) | €903.24 Million | 18.11% | 0.82x | $398.26K |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |