ATS CORP (ATS) - Net Assets

Latest as of December 2025: CA$1.78 Billion CAD ≈ $1.29 Billion USD

Based on the latest financial reports, ATS CORP (ATS) has net assets worth CA$1.78 Billion CAD (≈ $1.29 Billion 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$4.48 Billion ≈ $3.24 Billion USD) and total liabilities (CA$2.70 Billion ≈ $1.95 Billion 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. Also explore ATS CORP asset portfolio for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	CA$1.78 Billion
% of Total Assets	39.74%
Annual Growth Rate	12.35%
5-Year Change	87.29%
10-Year Change	162.75%
Growth Volatility	24.24

ATS CORP - Net Assets Trend (1994–2025)

This chart illustrates how ATS CORP's net assets have evolved over time, based on quarterly financial data. Check tangible net worth ratio of ATS CORP to evaluate the tangible quality of the company's equity base.

Annual Net Assets for ATS CORP (1994–2025)

The table below shows the annual net assets of ATS CORP from 1994 to 2025. For live valuation and market cap data, see ATS CORP stock valuation.

Year	Net Assets	Change
2025-03-31	CA$1.71 Billion ≈ $1.24 Billion	+1.51%
2024-03-31	CA$1.68 Billion ≈ $1.22 Billion	+48.95%
2023-03-31	CA$1.13 Billion ≈ $817.85 Million	+14.70%
2022-03-31	CA$985.68 Million ≈ $713.03 Million	+8.00%
2021-03-31	CA$912.66 Million ≈ $660.20 Million	+5.02%
2020-03-31	CA$869.01 Million ≈ $628.63 Million	+10.05%
2019-03-31	CA$789.63 Million ≈ $571.21 Million	+4.07%
2018-03-31	CA$758.77 Million ≈ $548.88 Million	+10.61%
2017-03-31	CA$686.01 Million ≈ $496.25 Million	+5.45%
2016-03-31	CA$650.55 Million ≈ $470.60 Million	+13.99%
2015-03-31	CA$570.73 Million ≈ $412.86 Million	+10.28%
2014-03-31	CA$517.54 Million ≈ $374.38 Million	+29.84%
2013-03-31	CA$398.60 Million ≈ $288.34 Million	+4.50%
2012-03-31	CA$381.45 Million ≈ $275.94 Million	-25.07%
2011-03-31	CA$509.09 Million ≈ $368.27 Million	-3.98%
2010-03-31	CA$530.21 Million ≈ $383.55 Million	-6.73%
2009-03-31	CA$568.45 Million ≈ $411.21 Million	+26.55%
2008-03-31	CA$449.19 Million ≈ $324.94 Million	+23.65%
2007-03-31	CA$363.27 Million ≈ $262.78 Million	-15.83%
2006-03-31	CA$431.57 Million ≈ $312.19 Million	-19.31%
2005-03-31	CA$534.86 Million ≈ $386.91 Million	+0.69%
2004-03-31	CA$531.17 Million ≈ $384.24 Million	-3.11%
2003-03-31	CA$548.21 Million ≈ $396.57 Million	-0.84%
2002-03-31	CA$552.84 Million ≈ $399.91 Million	+4.43%
2001-03-31	CA$529.39 Million ≈ $382.95 Million	+51.17%
2000-03-31	CA$350.20 Million ≈ $253.33 Million	+10.72%
1999-03-31	CA$316.30 Million ≈ $228.81 Million	+17.28%
1998-03-31	CA$269.70 Million ≈ $195.10 Million	+88.08%
1997-03-31	CA$143.40 Million ≈ $103.73 Million	+24.37%
1996-03-31	CA$115.30 Million ≈ $83.41 Million	+58.38%
1995-03-31	CA$72.80 Million ≈ $52.66 Million	+57.58%
1994-03-31	CA$46.20 Million ≈ $33.42 Million	--

Equity Component Analysis

This analysis shows how different components contribute to ATS 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 16006.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component	Amount	Percentage
Retained Earnings	CA$660.37 Million	38.71%
Common Stock	CA$842.01 Million	49.36%
Other Comprehensive Income	CA$166.85 Million	9.78%
Other Components	CA$36.54 Million	2.14%
Total Equity	CA$1.71 Billion	100.00%

ATS CORP Competitors by Market Cap

The table below lists competitors of ATS CORP ranked by their market capitalization.

Company	Market Cap
Diebold Nixdorf, Incorporated NYSE:DBD	$2.68 Billion
Sportradar Group AG NASDAQ:SRAD	$2.68 Billion
Cargotec Oyj HE:CGCBV	$2.68 Billion
Ligand Pharmaceuticals Incorporated NASDAQ:LGND	$2.69 Billion
Seadrill Limited NYSE:SDRL	$2.68 Billion
Data Patterns (India) Limited NSE:DATAPATTNS	$2.68 Billion
Air France-KLM SA PA:AF	$2.68 Billion
Bird Construction Inc. TO:BDT	$2.68 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,680,666,000 to 1,705,777,000, a change of 25,111,000 (1.5%).
Net loss of 28,049,000 reduced equity.
Share repurchases of 59,673,000 reduced equity.
Other comprehensive income increased equity by 102,700,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	CA$-28.05 Million	-1.64%
Share Repurchases	CA$59.67 Million	-3.5%
Other Comprehensive Income	CA$102.70 Million	+6.02%
Other Changes	CA$10.13 Million	+0.59%
Total Change	CA$-	1.49%

Book Value vs Market Value Analysis

This analysis compares ATS 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: 2.20x
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 23.06x to 2.20x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1994-03-31	CA$1.66	CA$38.25	x
1995-03-31	CA$1.67	CA$38.25	x
1996-03-31	CA$2.45	CA$38.25	x
1997-03-31	CA$2.70	CA$38.25	x
1998-03-31	CA$4.55	CA$38.25	x
1999-03-31	CA$5.03	CA$38.25	x
2000-03-31	CA$5.92	CA$38.25	x
2001-03-31	CA$8.07	CA$38.25	x
2002-03-31	CA$8.53	CA$38.25	x
2003-03-31	CA$8.69	CA$38.25	x
2004-03-31	CA$8.70	CA$38.25	x
2005-03-31	CA$8.02	CA$38.25	x
2006-03-31	CA$6.77	CA$38.25	x
2007-03-31	CA$6.04	CA$38.25	x
2008-03-31	CA$6.37	CA$38.25	x
2009-03-31	CA$7.16	CA$38.25	x
2010-03-31	CA$6.06	CA$38.25	x
2011-03-31	CA$5.81	CA$38.25	x
2012-03-31	CA$4.34	CA$38.25	x
2013-03-31	CA$4.49	CA$38.25	x
2014-03-31	CA$5.74	CA$38.25	x
2015-03-31	CA$6.18	CA$38.25	x
2016-03-31	CA$7.02	CA$38.25	x
2017-03-31	CA$7.39	CA$38.25	x
2018-03-31	CA$8.07	CA$38.25	x
2019-03-31	CA$8.39	CA$38.25	x
2020-03-31	CA$9.39	CA$38.25	x
2021-03-31	CA$9.69	CA$38.25	x
2022-03-31	CA$10.60	CA$38.25	x
2023-03-31	CA$12.22	CA$38.25	x
2024-03-31	CA$17.05	CA$38.25	x
2025-03-31	CA$17.41	CA$38.25	x

Capital Efficiency Dashboard

This dashboard shows how efficiently ATS 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): -1.64%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.11%
• Asset Turnover: 0.55x
• Equity Multiplier: 2.71x
Recent ROE (-1.64%) is below the historical average (3.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	8.44%	4.18%	1.11x	1.82x	CA$-720.00K
1995	10.75%	5.54%	1.03x	1.88x	CA$540.00K
1996	16.72%	9.75%	1.09x	1.58x	CA$7.72 Million
1997	13.70%	7.85%	1.06x	1.65x	CA$5.29 Million
1998	10.22%	6.80%	0.95x	1.58x	CA$580.00K
1999	11.84%	7.22%	1.07x	1.53x	CA$5.77 Million
2000	10.26%	6.74%	0.96x	1.58x	CA$890.00K
2001	8.77%	6.80%	0.95x	1.35x	CA$-6.49 Million
2002	2.29%	2.29%	0.77x	1.30x	CA$-42.39 Million
2003	0.43%	0.40%	0.81x	1.30x	CA$-52.37 Million
2004	-0.42%	-0.37%	0.85x	1.37x	CA$-55.33 Million
2005	1.74%	1.21%	1.04x	1.38x	CA$-44.12 Million
2006	-16.08%	-9.55%	1.12x	1.51x	CA$-112.39 Million
2007	-23.53%	-13.83%	1.02x	1.66x	CA$-121.15 Million
2008	-5.21%	-3.53%	0.98x	1.51x	CA$-68.34 Million
2009	8.45%	5.62%	1.02x	1.47x	CA$-8.82 Million
2010	2.29%	2.11%	0.77x	1.42x	CA$-40.86 Million
2011	-16.75%	-17.57%	0.61x	1.57x	CA$-136.18 Million
2012	-15.62%	-10.01%	1.05x	1.49x	CA$-97.73 Million
2013	3.77%	2.54%	1.02x	1.46x	CA$-24.82 Million
2014	12.02%	9.10%	0.88x	1.50x	CA$10.43 Million
2015	9.63%	5.87%	0.77x	2.14x	CA$-2.09 Million
2016	6.08%	3.80%	0.76x	2.10x	CA$-25.48 Million
2017	5.10%	3.46%	0.74x	2.00x	CA$-33.58 Million
2018	6.22%	4.23%	0.72x	2.03x	CA$-28.68 Million
2019	8.96%	5.64%	0.74x	2.14x	CA$-8.19 Million
2020	6.09%	3.70%	0.68x	2.42x	CA$-33.92 Million
2021	7.16%	4.48%	0.65x	2.45x	CA$-25.43 Million
2022	12.44%	5.59%	0.71x	3.13x	CA$23.94 Million
2023	11.31%	4.94%	0.73x	3.14x	CA$14.75 Million
2024	11.53%	6.39%	0.74x	2.43x	CA$25.67 Million
2025	-1.64%	-1.11%	0.55x	2.71x	CA$-198.63 Million

Industry Comparison

This section compares ATS CORP's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $43,656,656
Average return on equity (ROE) among peers: -5.59%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
ATS CORP (ATS)	CA$1.78 Billion	8.44%	1.52x	$2.68 Billion
Composite Alliance Group Inc (CAG)	$-1.66 Million	0.00%	0.00x	$797.41K
CLEANTEK Industries Inc (CTEK)	$-7.28 Million	0.00%	0.00x	$11.24 Million
DynaCERT Inc. (DYA)	$-2.24 Million	0.00%	0.00x	$38.61 Million
EnWave Corporation (ENW)	$22.99 Million	-17.94%	0.33x	$20.61 Million
Next Hydrogen Solutions Inc. (NXH)	$12.08 Million	-63.34%	1.40x	$23.57 Million
Reko International Group Inc (REKO)	$47.70 Million	-7.60%	0.71x	$20.83 Million
Savaria Corporation (SIS)	$36.46 Million	17.53%	0.96x	$1.51 Billion
Titan Logix Corp. (TLA)	$1.35 Million	16.58%	0.86x	$10.27 Million
Velan Inc. (VLN)	$283.51 Million	4.43%	0.67x	$79.24 Million

About ATS CORP

TO:ATS Canada Specialty Industrial Machinery

Market Cap

$2.68 Billion

CA$3.71 Billion CAD

Market Cap Rank

#5177 Global

#172 in Canada

Share Price

CA$38.25

Change (1 day)

+1.89%

52-Week Range

CA$34.15 - CA$48.99

All Time High

CA$64.16