Acadian Timber Corp (ADN) - Net Assets

Latest as of December 2025: CA$359.74 Million CAD ≈ $260.23 Million USD

Based on the latest financial reports, Acadian Timber Corp (ADN) has net assets worth CA$359.74 Million CAD (≈ $260.23 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$633.61 Million ≈ $458.35 Million USD) and total liabilities (CA$273.87 Million ≈ $198.11 Million USD). 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. Check Acadian Timber Corp liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$359.74 Million
% of Total Assets	56.78%
Annual Growth Rate	6.4%
5-Year Change	23.42%
10-Year Change	34.31%
Growth Volatility	16.49

Acadian Timber Corp - Net Assets Trend (2006–2025)

This chart illustrates how Acadian Timber Corp's net assets have evolved over time, based on quarterly financial data. Also explore how large is Acadian Timber Corp's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Acadian Timber Corp (2006–2025)

The table below shows the annual net assets of Acadian Timber Corp from 2006 to 2025. For live valuation and market cap data, see how much is Acadian Timber Corp worth.

Year	Net Assets	Change
2025-12-31	CA$359.74 Million ≈ $260.23 Million	+6.11%
2024-12-31	CA$339.03 Million ≈ $245.25 Million	+6.28%
2023-12-31	CA$318.98 Million ≈ $230.75 Million	+5.02%
2022-12-31	CA$303.72 Million ≈ $219.71 Million	+4.20%
2021-12-31	CA$291.49 Million ≈ $210.86 Million	-0.60%
2020-12-31	CA$293.24 Million ≈ $212.13 Million	+2.28%
2019-12-31	CA$286.70 Million ≈ $207.40 Million	-1.28%
2018-12-31	CA$290.41 Million ≈ $210.08 Million	+5.96%
2017-12-31	CA$274.08 Million ≈ $198.27 Million	+2.33%
2016-12-31	CA$267.85 Million ≈ $193.76 Million	+0.30%
2015-12-31	CA$267.05 Million ≈ $193.18 Million	+7.41%
2014-12-31	CA$248.61 Million ≈ $179.84 Million	+36.46%
2013-12-31	CA$182.19 Million ≈ $131.80 Million	-0.98%
2012-12-31	CA$184.00 Million ≈ $133.10 Million	-1.26%
2011-12-31	CA$186.36 Million ≈ $134.81 Million	+59.42%
2010-12-31	CA$116.90 Million ≈ $84.56 Million	+5.03%
2009-12-31	CA$111.30 Million ≈ $80.51 Million	+21.11%
2008-12-31	CA$91.90 Million ≈ $66.48 Million	+9.93%
2007-12-31	CA$83.60 Million ≈ $60.47 Million	-24.41%
2006-12-31	CA$110.60 Million ≈ $80.01 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Acadian Timber Corp'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 14233400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	CA$141.13 Million	39.23%
Common Stock	CA$166.69 Million	46.34%
Other Comprehensive Income	CA$51.92 Million	14.43%
Total Equity	CA$359.74 Million	100.00%

Acadian Timber Corp Competitors by Market Cap

The table below lists competitors of Acadian Timber Corp ranked by their market capitalization.

Company	Market Cap
G1 Secure Solutions Ltd TA:GOSS	$231.43 Million
Pacific Current Group Ltd AU:PAC	$231.50 Million
Coincheck Group N.V. Ordinary Shares NASDAQ:CNCK	$231.54 Million
All Iron Re I Socimi Sa MC:YAI1	$231.59 Million
LCNB Corporation NASDAQ:LCNB	$231.36 Million
Limoneira Co NASDAQ:LMNR	$231.20 Million
Transgene SA PA:TNG	$231.18 Million
Nautilus Biotechnology Inc NASDAQ:NAUT	$231.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Acadian Timber Corp's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 339,029,000 to 359,744,000, a change of 20,715,000 (6.1%).
Net income of 48,973,000 contributed positively to equity growth.
Dividend payments of 10,363,000 reduced retained earnings.
Other comprehensive income decreased equity by 17,742,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$48.97 Million	+13.61%
Dividends Paid	CA$10.36 Million	-2.88%
Other Comprehensive Income	CA$-17.74 Million	-4.93%
Other Changes	CA$-153.00K	-0.04%
Total Change	CA$-	6.11%

Book Value vs Market Value Analysis

This analysis compares Acadian Timber Corp'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: 0.87x
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.
The price-to-book ratio has decreased from 2.60x to 0.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	CA$6.67	CA$17.33	x
2007-12-31	CA$6.94	CA$17.33	x
2008-12-31	CA$5.55	CA$17.33	x
2009-12-31	CA$6.72	CA$17.33	x
2010-12-31	CA$6.99	CA$17.33	x
2011-12-31	CA$11.11	CA$17.33	x
2012-12-31	CA$10.99	CA$17.33	x
2013-12-31	CA$10.81	CA$17.33	x
2014-12-31	CA$14.83	CA$17.33	x
2015-12-31	CA$16.05	CA$17.33	x
2016-12-31	CA$16.00	CA$17.33	x
2017-12-31	CA$16.38	CA$17.33	x
2018-12-31	CA$17.36	CA$17.33	x
2019-12-31	CA$17.18	CA$17.33	x
2020-12-31	CA$17.57	CA$17.33	x
2021-12-31	CA$17.47	CA$17.33	x
2022-12-31	CA$18.09	CA$17.33	x
2023-12-31	CA$18.63	CA$17.33	x
2024-12-31	CA$19.30	CA$17.33	x
2025-12-31	CA$19.81	CA$17.33	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Acadian Timber Corp 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): 13.61%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 56.32%
• Asset Turnover: 0.14x
• Equity Multiplier: 1.76x
Recent ROE (13.61%) is above the historical average (7.62%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	7.14%	11.37%	0.29x	2.17x	CA$-3.16 Million
2007	-19.74%	-22.06%	0.34x	2.63x	CA$-24.86 Million
2008	20.57%	27.84%	0.30x	2.49x	CA$9.71 Million
2009	8.36%	14.67%	0.30x	1.89x	CA$-1.83 Million
2010	7.53%	12.39%	0.33x	1.86x	CA$-2.89 Million
2011	7.38%	20.80%	0.23x	1.55x	CA$-4.88 Million
2012	7.46%	19.94%	0.24x	1.55x	CA$-4.67 Million
2013	3.98%	9.74%	0.25x	1.63x	CA$-10.97 Million
2014	17.39%	55.89%	0.19x	1.63x	CA$18.38 Million
2015	5.11%	16.16%	0.19x	1.68x	CA$-13.06 Million
2016	6.00%	20.83%	0.17x	1.70x	CA$-10.71 Million
2017	11.24%	39.60%	0.17x	1.69x	CA$3.41 Million
2018	9.04%	26.30%	0.20x	1.70x	CA$-2.78 Million
2019	6.04%	17.32%	0.20x	1.74x	CA$-11.35 Million
2020	7.53%	24.26%	0.18x	1.75x	CA$-7.24 Million
2021	6.41%	19.52%	0.19x	1.77x	CA$-10.46 Million
2022	11.69%	39.25%	0.17x	1.80x	CA$5.13 Million
2023	9.23%	31.49%	0.16x	1.78x	CA$-2.46 Million
2024	6.41%	18.71%	0.19x	1.79x	CA$-12.16 Million
2025	13.61%	56.32%	0.14x	1.76x	CA$13.00 Million

Industry Comparison

This section compares Acadian Timber Corp's net assets metrics with peer companies in the Lumber & Wood Production industry.

Industry Context

Industry: Lumber & Wood Production
Average net assets among peers: $1,557,355,361
Average return on equity (ROE) among peers: 8.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Acadian Timber Corp (ADN)	CA$359.74 Million	7.14%	0.76x	$231.37 Million
Conifex Timber Inc (CFF)	$81.45 Million	-20.72%	0.65x	$3.39 Million
Canfor Corporation (CFP)	$2.00 Billion	17.26%	0.74x	$1.03 Billion
Goodfellow Inc. (GDL)	$116.04 Million	3.75%	0.61x	$70.07 Million
Interfor Corp (IFP)	$372.75 Million	6.63%	0.52x	$466.23 Million
Stella-Jones Inc. (SJ)	$179.98 Million	16.71%	1.06x	$3.26 Billion
Western Forest Products Inc (WEF)	$566.30 Million	-5.37%	0.62x	$112.66 Million
West Fraser Timber Co Ltd (WFG)	$7.58 Billion	38.53%	0.36x	$4.67 Billion

About Acadian Timber Corp

TO:ADN Canada Lumber & Wood Production

Market Cap

$231.37 Million

CA$319.84 Million CAD

Market Cap Rank

#15991 Global

#487 in Canada

Share Price

CA$17.33

Change (1 day)

+0.76%

52-Week Range

CA$14.05 - CA$18.27

All Time High

CA$18.45