Boyd Group Services Inc. (BYD) - Net Assets
Based on the latest financial reports, Boyd Group Services Inc. (BYD) has net assets worth CA$848.24 Million CAD (≈ $613.60 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.61 Billion ≈ $1.89 Billion USD) and total liabilities (CA$1.76 Billion ≈ $1.27 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. Read BYD total debt and obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$848.24 Million |
| % of Total Assets | 32.51% |
| Annual Growth Rate | 22.27% |
| 5-Year Change | 16.81% |
| 10-Year Change | 522.89% |
| Growth Volatility | 42.06 |
Boyd Group Services Inc. - Net Assets Trend (1997–2024)
This chart illustrates how Boyd Group Services Inc.'s net assets have evolved over time, based on quarterly financial data. Also explore Boyd Group Services Inc. balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Boyd Group Services Inc. (1997–2024)
The table below shows the annual net assets of Boyd Group Services Inc. from 1997 to 2024. For live valuation and market cap data, see BYD market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$830.07 Million ≈ $600.46 Million |
+0.45% |
| 2023-12-31 | CA$826.34 Million ≈ $597.76 Million |
+9.69% |
| 2022-12-31 | CA$753.36 Million ≈ $544.97 Million |
+4.58% |
| 2021-12-31 | CA$720.39 Million ≈ $521.12 Million |
+1.38% |
| 2020-12-31 | CA$710.60 Million ≈ $514.04 Million |
+51.69% |
| 2019-12-31 | CA$468.44 Million ≈ $338.86 Million |
+11.72% |
| 2018-12-31 | CA$419.30 Million ≈ $303.32 Million |
+19.88% |
| 2017-12-31 | CA$349.78 Million ≈ $253.02 Million |
+67.58% |
| 2016-12-31 | CA$208.72 Million ≈ $150.98 Million |
+56.62% |
| 2015-12-31 | CA$133.26 Million ≈ $96.40 Million |
+8.33% |
| 2014-12-31 | CA$123.02 Million ≈ $88.99 Million |
+47.67% |
| 2013-12-31 | CA$83.31 Million ≈ $60.26 Million |
+100.24% |
| 2012-12-31 | CA$41.60 Million ≈ $30.10 Million |
-8.02% |
| 2011-12-31 | CA$45.23 Million ≈ $32.72 Million |
+78.19% |
| 2010-12-31 | CA$25.38 Million ≈ $18.36 Million |
-4.61% |
| 2009-12-31 | CA$26.61 Million ≈ $19.25 Million |
-20.90% |
| 2008-12-31 | CA$33.64 Million ≈ $24.34 Million |
+78.03% |
| 2007-12-31 | CA$18.90 Million ≈ $13.67 Million |
-30.03% |
| 2006-12-31 | CA$27.01 Million ≈ $19.54 Million |
-35.05% |
| 2005-12-31 | CA$41.58 Million ≈ $30.08 Million |
+15.50% |
| 2004-12-31 | CA$36.00 Million ≈ $26.04 Million |
+16.38% |
| 2003-12-31 | CA$30.93 Million ≈ $22.38 Million |
+7.12% |
| 2002-12-31 | CA$28.88 Million ≈ $20.89 Million |
-3.06% |
| 2001-12-31 | CA$29.79 Million ≈ $21.55 Million |
+25.63% |
| 2000-12-31 | CA$23.71 Million ≈ $17.15 Million |
+78.01% |
| 1999-12-31 | CA$13.32 Million ≈ $9.64 Million |
+47.43% |
| 1998-12-31 | CA$9.03 Million ≈ $6.54 Million |
+148.27% |
| 1997-12-31 | CA$3.64 Million ≈ $2.63 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Boyd Group Services 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 grown by 18039347700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$180.39 Million | 21.73% |
| Common Stock | CA$599.48 Million | 72.22% |
| Other Comprehensive Income | CA$44.75 Million | 5.39% |
| Other Components | CA$5.46 Million | 0.66% |
| Total Equity | CA$830.07 Million | 100.00% |
Boyd Group Services Inc. Competitors by Market Cap
The table below lists competitors of Boyd Group Services Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GoTo Gojek Tokopedia PT
JK:GOTO
|
$3.35 Billion |
|
Huaxi Securities Co Ltd Class A
SHE:002926
|
$3.35 Billion |
|
PROTECTOR FORSIKR.(ADS)/2
F:PR40
|
$3.35 Billion |
|
EQB Inc.
TO:EQB
|
$3.35 Billion |
|
Tongyu Communication Inc
SHE:002792
|
$3.35 Billion |
|
ATHENS INTERNATIONAL AIRPORT S.
AT:AIA
|
$3.35 Billion |
|
Star Health and Allied Insurance Company Limited
NSE:STARHEALTH
|
$3.34 Billion |
|
Powell Industries Inc
NASDAQ:POWL
|
$3.34 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Boyd Group Services Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 826,341,317 to 830,074,328, a change of 3,733,011 (0.5%).
- Net income of 24,520,702 contributed positively to equity growth.
- Dividend payments of 8,991,510 reduced retained earnings.
- Other comprehensive income decreased equity by 13,423,798.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$24.52 Million | +2.95% |
| Dividends Paid | CA$8.99 Million | -1.08% |
| Other Comprehensive Income | CA$-13.42 Million | -1.62% |
| Other Changes | CA$1.63 Million | +0.2% |
| Total Change | CA$- | 0.45% |
Book Value vs Market Value Analysis
This analysis compares Boyd Group Services 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: 4.30x
- 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 264.16x to 4.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | CA$0.63 | CA$166.26 | x |
| 1998-12-31 | CA$1.31 | CA$166.26 | x |
| 1999-12-31 | CA$1.33 | CA$166.26 | x |
| 2000-12-31 | CA$2.13 | CA$166.26 | x |
| 2001-12-31 | CA$2.91 | CA$166.26 | x |
| 2002-12-31 | CA$2.72 | CA$166.26 | x |
| 2003-12-31 | CA$2.25 | CA$166.26 | x |
| 2004-12-31 | CA$2.75 | CA$166.26 | x |
| 2005-12-31 | CA$2.61 | CA$166.26 | x |
| 2006-12-31 | CA$0.42 | CA$166.26 | x |
| 2007-12-31 | CA$0.87 | CA$166.26 | x |
| 2008-12-31 | CA$1.21 | CA$166.26 | x |
| 2009-12-31 | CA$1.64 | CA$166.26 | x |
| 2010-12-31 | CA$2.35 | CA$166.26 | x |
| 2011-12-31 | CA$3.52 | CA$166.26 | x |
| 2012-12-31 | CA$3.32 | CA$166.26 | x |
| 2013-12-31 | CA$6.40 | CA$166.26 | x |
| 2014-12-31 | CA$8.02 | CA$166.26 | x |
| 2015-12-31 | CA$8.09 | CA$166.26 | x |
| 2016-12-31 | CA$11.36 | CA$166.26 | x |
| 2017-12-31 | CA$18.69 | CA$166.26 | x |
| 2018-12-31 | CA$21.12 | CA$166.26 | x |
| 2019-12-31 | CA$23.54 | CA$166.26 | x |
| 2020-12-31 | CA$33.09 | CA$166.26 | x |
| 2021-12-31 | CA$33.55 | CA$166.26 | x |
| 2022-12-31 | CA$35.09 | CA$166.26 | x |
| 2023-12-31 | CA$38.48 | CA$166.26 | x |
| 2024-12-31 | CA$38.65 | CA$166.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Boyd Group Services 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): 2.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.80%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 2.97x
- Recent ROE (2.95%) is above the historical average (-2.76%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 14.21% | 1.95% | 1.57x | 4.64x | CA$66.19K |
| 1998 | 9.75% | 2.09% | 1.30x | 3.57x | CA$-10.06K |
| 1999 | 17.85% | 2.75% | 1.56x | 4.16x | CA$455.32K |
| 2000 | 20.16% | 2.71% | 1.43x | 5.21x | CA$885.29K |
| 2001 | 19.26% | 2.48% | 1.50x | 5.18x | CA$1.00 Million |
| 2002 | 7.61% | 0.83% | 1.75x | 5.24x | CA$-234.28K |
| 2003 | 9.89% | 1.14% | 1.87x | 4.64x | CA$-12.32K |
| 2004 | 7.87% | 1.19% | 1.67x | 3.94x | CA$-451.30K |
| 2005 | 3.52% | 0.56% | 1.54x | 4.09x | CA$-1.66 Million |
| 2006 | -428.74% | -11.93% | 1.86x | 19.31x | CA$-19.24 Million |
| 2007 | 37.07% | 1.74% | 2.63x | 8.11x | CA$2.53 Million |
| 2008 | 26.82% | 2.28% | 2.12x | 5.56x | CA$2.47 Million |
| 2009 | 43.56% | 3.95% | 2.77x | 3.98x | CA$6.53 Million |
| 2010 | 69.38% | 6.85% | 2.36x | 4.29x | CA$15.05 Million |
| 2011 | 7.27% | 0.83% | 2.34x | 3.76x | CA$-1.09 Million |
| 2012 | 16.97% | 1.63% | 1.93x | 5.40x | CA$2.90 Million |
| 2013 | -13.81% | -2.01% | 2.05x | 3.36x | CA$-19.83 Million |
| 2014 | -11.26% | -1.81% | 1.73x | 3.59x | CA$-26.15 Million |
| 2015 | -11.90% | -1.87% | 1.84x | 3.45x | CA$-29.18 Million |
| 2016 | 10.76% | 2.19% | 1.87x | 2.63x | CA$1.59 Million |
| 2017 | 13.14% | 3.72% | 1.53x | 2.30x | CA$10.97 Million |
| 2018 | 14.65% | 4.16% | 1.63x | 2.16x | CA$19.52 Million |
| 2019 | 10.28% | 2.81% | 1.18x | 3.11x | CA$1.33 Million |
| 2020 | 6.19% | 2.83% | 0.99x | 2.21x | CA$-27.09 Million |
| 2021 | 3.24% | 1.26% | 0.92x | 2.79x | CA$-48.69 Million |
| 2022 | 5.49% | 1.68% | 1.16x | 2.82x | CA$-34.00 Million |
| 2023 | 10.46% | 2.94% | 1.24x | 2.88x | CA$3.81 Million |
| 2024 | 2.95% | 0.80% | 1.25x | 2.97x | CA$-58.49 Million |
Industry Comparison
This section compares Boyd Group Services Inc.'s net assets metrics with peer companies in the Auto & Truck Dealerships industry.
Industry Context
- Industry: Auto & Truck Dealerships
- Average net assets among peers: $537,607,000
- Average return on equity (ROE) among peers: 10.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Boyd Group Services Inc. (BYD) | CA$848.24 Million | 14.21% | 2.08x | $3.35 Billion |
| Autocanada Inc (ACQ) | $537.61 Million | 10.76% | 2.28x | $393.00 Million |
About Boyd Group Services Inc.
Boyd Group Services Inc., together with its subsidiaries, operates non-franchised collision repair centers in North America. The company operates its locations under the Boyd Autobody & Glass and Assured Automotive trade names in Canada, and Gerber Collision and Glass trade name in the United States. It also operates as a retail auto glass operator under the Gerber Collision and Glass, Glass Amer… Read more