Evertz Technologies Limited (ET) - Net Assets
Based on the latest financial reports, Evertz Technologies Limited (ET) has net assets worth CA$271.05 Million CAD (≈ $196.07 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$466.69 Million ≈ $337.60 Million USD) and total liabilities (CA$195.65 Million ≈ $141.53 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 ET financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$271.05 Million |
| % of Total Assets | 58.08% |
| Annual Growth Rate | 21.57% |
| 5-Year Change | -8.01% |
| 10-Year Change | -26.63% |
| Growth Volatility | 285.6 |
Evertz Technologies Limited - Net Assets Trend (2005–2025)
This chart illustrates how Evertz Technologies Limited's net assets have evolved over time, based on quarterly financial data. Also explore ET asset base for the complete picture of this company's asset base.
Annual Net Assets for Evertz Technologies Limited (2005–2025)
The table below shows the annual net assets of Evertz Technologies Limited from 2005 to 2025. For live valuation and market cap data, see Evertz Technologies Limited (ET) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | CA$271.29 Million ≈ $196.25 Million |
+1.73% |
| 2024-04-30 | CA$266.68 Million ≈ $192.91 Million |
+8.37% |
| 2023-04-30 | CA$246.08 Million ≈ $178.01 Million |
+5.32% |
| 2022-04-30 | CA$233.65 Million ≈ $169.02 Million |
-20.77% |
| 2021-04-30 | CA$294.90 Million ≈ $213.33 Million |
-0.85% |
| 2020-04-30 | CA$297.42 Million ≈ $215.15 Million |
-16.31% |
| 2019-04-30 | CA$355.40 Million ≈ $257.09 Million |
+7.28% |
| 2018-04-30 | CA$331.28 Million ≈ $239.65 Million |
+2.96% |
| 2017-04-30 | CA$321.77 Million ≈ $232.77 Million |
-12.97% |
| 2016-04-30 | CA$369.74 Million ≈ $267.46 Million |
+3.61% |
| 2015-04-30 | CA$356.86 Million ≈ $258.15 Million |
+6.08% |
| 2014-04-30 | CA$336.42 Million ≈ $243.36 Million |
-17.89% |
| 2013-04-30 | CA$409.74 Million ≈ $296.40 Million |
+7.84% |
| 2012-04-30 | CA$379.95 Million ≈ $274.85 Million |
+1.80% |
| 2011-04-30 | CA$373.25 Million ≈ $270.01 Million |
+19.03% |
| 2010-04-30 | CA$313.58 Million ≈ $226.84 Million |
+16.01% |
| 2009-04-30 | CA$270.31 Million ≈ $195.53 Million |
+42.87% |
| 2008-04-30 | CA$189.19 Million ≈ $136.86 Million |
+67.50% |
| 2007-04-30 | CA$112.95 Million ≈ $81.71 Million |
+1315.59% |
| 2006-04-30 | CA$7.98 Million ≈ $5.77 Million |
+46.14% |
| 2005-04-30 | CA$5.46 Million ≈ $3.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Evertz Technologies Limited'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 1803.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$92.38 Million | 34.46% |
| Common Stock | CA$144.98 Million | 54.07% |
| Other Comprehensive Income | CA$6.57 Million | 2.45% |
| Other Components | CA$24.20 Million | 9.02% |
| Total Equity | CA$268.12 Million | 100.00% |
Evertz Technologies Limited Competitors by Market Cap
The table below lists competitors of Evertz Technologies Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yueyang Xingchang Petro-Chemical Co Ltd
SHE:000819
|
$883.51 Million |
|
CNB Financial Corporation
NASDAQ:CCNE
|
$883.70 Million |
|
SDI Corp
TW:2351
|
$883.71 Million |
|
Shenzhen Absen Optoelectronic Co Ltd
SHE:300389
|
$884.16 Million |
|
Iress Ltd
AU:IRE
|
$882.87 Million |
|
Lifecome Biochemistry Co Ltd
SHE:002868
|
$882.85 Million |
|
Bangkok Airways Public Company Limited
BK:BA
|
$882.66 Million |
|
Evommune, Inc.
NYSE:EVMN
|
$882.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Evertz Technologies Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 263,267,000 to 268,123,000, a change of 4,856,000 (1.8%).
- Net income of 59,393,000 contributed positively to equity growth.
- Dividend payments of 60,054,000 reduced retained earnings.
- Share repurchases of 4,856,000 reduced equity.
- New share issuances of 49,000 increased equity.
- Other comprehensive income decreased equity by 13,875,000.
- Other factors increased equity by 24,199,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$59.39 Million | +22.15% |
| Dividends Paid | CA$60.05 Million | -22.4% |
| Share Repurchases | CA$4.86 Million | -1.81% |
| Share Issuances | CA$49.00K | +0.02% |
| Other Comprehensive Income | CA$-13.88 Million | -5.17% |
| Other Changes | CA$24.20 Million | +9.03% |
| Total Change | CA$- | 1.84% |
Book Value vs Market Value Analysis
This analysis compares Evertz Technologies Limited'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: 4.64x
- 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 197.06x to 4.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-04-30 | CA$0.08 | CA$16.17 | x |
| 2006-04-30 | CA$0.12 | CA$16.17 | x |
| 2007-04-30 | CA$1.54 | CA$16.17 | x |
| 2008-04-30 | CA$2.52 | CA$16.17 | x |
| 2009-04-30 | CA$3.61 | CA$16.17 | x |
| 2010-04-30 | CA$4.21 | CA$16.17 | x |
| 2011-04-30 | CA$5.05 | CA$16.17 | x |
| 2012-04-30 | CA$5.13 | CA$16.17 | x |
| 2013-04-30 | CA$5.51 | CA$16.17 | x |
| 2014-04-30 | CA$4.48 | CA$16.17 | x |
| 2015-04-30 | CA$4.71 | CA$16.17 | x |
| 2016-04-30 | CA$4.89 | CA$16.17 | x |
| 2017-04-30 | CA$4.22 | CA$16.17 | x |
| 2018-04-30 | CA$4.31 | CA$16.17 | x |
| 2019-04-30 | CA$4.61 | CA$16.17 | x |
| 2020-04-30 | CA$3.85 | CA$16.17 | x |
| 2021-04-30 | CA$3.83 | CA$16.17 | x |
| 2022-04-30 | CA$3.02 | CA$16.17 | x |
| 2023-04-30 | CA$3.19 | CA$16.17 | x |
| 2024-04-30 | CA$3.42 | CA$16.17 | x |
| 2025-04-30 | CA$3.48 | CA$16.17 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Evertz Technologies Limited 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): 22.15%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.84%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 1.75x
- Recent ROE (22.15%) is below the historical average (47.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 28.50% | 1.59% | 1.62x | 11.06x | CA$1.01 Million |
| 2006 | 498.33% | 28.16% | 2.29x | 7.73x | CA$38.96 Million |
| 2007 | 53.95% | 30.23% | 1.39x | 1.28x | CA$49.42 Million |
| 2008 | 46.38% | 32.03% | 1.24x | 1.17x | CA$68.47 Million |
| 2009 | 37.53% | 31.88% | 1.00x | 1.18x | CA$73.88 Million |
| 2010 | 19.70% | 21.47% | 0.83x | 1.11x | CA$30.29 Million |
| 2011 | 20.91% | 25.24% | 0.75x | 1.10x | CA$40.54 Million |
| 2012 | 15.73% | 20.29% | 0.68x | 1.14x | CA$21.70 Million |
| 2013 | 15.88% | 20.42% | 0.68x | 1.14x | CA$23.91 Million |
| 2014 | 18.93% | 19.39% | 0.81x | 1.20x | CA$29.79 Million |
| 2015 | 18.53% | 18.01% | 0.85x | 1.21x | CA$30.15 Million |
| 2016 | 19.17% | 18.40% | 0.85x | 1.22x | CA$33.60 Million |
| 2017 | 21.76% | 17.99% | 0.94x | 1.29x | CA$37.38 Million |
| 2018 | 16.12% | 13.18% | 0.96x | 1.28x | CA$20.16 Million |
| 2019 | 22.05% | 17.56% | 0.95x | 1.32x | CA$42.56 Million |
| 2020 | 23.26% | 15.71% | 0.98x | 1.50x | CA$39.11 Million |
| 2021 | 14.26% | 12.18% | 0.76x | 1.54x | CA$12.48 Million |
| 2022 | 31.07% | 16.27% | 1.05x | 1.82x | CA$48.65 Million |
| 2023 | 26.34% | 14.09% | 1.04x | 1.80x | CA$39.72 Million |
| 2024 | 26.65% | 13.64% | 1.06x | 1.84x | CA$43.84 Million |
| 2025 | 22.15% | 11.84% | 1.07x | 1.75x | CA$32.58 Million |
Industry Comparison
This section compares Evertz Technologies Limited's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $156,129,017
- Average return on equity (ROE) among peers: -68.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Evertz Technologies Limited (ET) | CA$271.05 Million | 28.50% | 0.72x | $882.95 Million |
| Bewhere Holdings Inc (BEW) | $6.78 Million | 15.47% | 0.06x | $51.67 Million |
| Baylin Technologies Inc (BYL) | $48.86 Million | -34.64% | 1.73x | $28.71 Million |
| C-Com Satellite Systems Inc. (CMI) | $25.53 Million | 6.55% | 0.04x | $28.43 Million |
| Enablence Technologies Inc (ENA) | $-39.74 Million | 0.00% | 0.00x | $57.16 Million |
| Ironman International Ltd. (IMI) | $-169.76K | 0.00% | 0.00x | $12.49 Million |
| Lite Access Technologies Inc (LTE) | $598.15K | -487.38% | 5.03x | $6.31 Million |
| Novra Technologies Inc (NVI) | $806.13K | -98.70% | 9.01x | $2.66 Million |
| Quarterhill Inc (QTRH) | $269.50 Million | -7.15% | 0.33x | $111.23 Million |
| Telesat Corp (TSAT) | $1.09 Billion | -8.32% | 4.38x | $701.13 Million |
About Evertz Technologies Limited
Evertz Technologies Limited engages in the design, manufacture, and distribution of video and audio infrastructure solutions for the production, post-production, broadcast, and telecommunications markets in Canada, the United States, and internationally. The company offers contribution and distribution encoder, decoder, receiver, and processing products; and control panels, intelligent operations… Read more