MTY Food Group Inc (MTY) - Net Assets
Based on the latest financial reports, MTY Food Group Inc (MTY) has net assets worth CA$814.83 Million CAD (≈ $589.44 Million USD) as of August 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$2.48 Billion ≈ $1.80 Billion USD) and total liabilities (CA$1.67 Billion ≈ $1.21 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. Check MTY asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$814.83 Million |
| % of Total Assets | 32.8% |
| Annual Growth Rate | 20.7% |
| 5-Year Change | 37.93% |
| 10-Year Change | 374.83% |
| Growth Volatility | 25.17 |
MTY Food Group Inc - Net Assets Trend (1997–2024)
This chart illustrates how MTY Food Group Inc's net assets have evolved over time, based on quarterly financial data. Also explore MTY total asset value for the complete picture of this company's asset base.
Annual Net Assets for MTY Food Group Inc (1997–2024)
The table below shows the annual net assets of MTY Food Group Inc from 1997 to 2024. For live valuation and market cap data, see MTY Food Group Inc market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-11-30 | CA$803.45 Million ≈ $581.20 Million |
-1.16% |
| 2023-11-30 | CA$812.89 Million ≈ $588.03 Million |
+12.18% |
| 2022-11-30 | CA$724.63 Million ≈ $524.18 Million |
+11.67% |
| 2021-11-30 | CA$648.90 Million ≈ $469.40 Million |
+11.40% |
| 2020-11-30 | CA$582.51 Million ≈ $421.38 Million |
-12.47% |
| 2019-11-30 | CA$665.48 Million ≈ $481.40 Million |
+5.52% |
| 2018-11-30 | CA$630.67 Million ≈ $456.22 Million |
+88.08% |
| 2017-11-30 | CA$335.33 Million ≈ $242.57 Million |
+6.85% |
| 2016-11-30 | CA$313.84 Million ≈ $227.03 Million |
+85.47% |
| 2015-11-30 | CA$169.21 Million ≈ $122.40 Million |
+13.04% |
| 2014-11-30 | CA$149.69 Million ≈ $108.29 Million |
+14.44% |
| 2013-11-30 | CA$130.81 Million ≈ $94.63 Million |
+23.33% |
| 2012-11-30 | CA$106.06 Million ≈ $76.72 Million |
+19.29% |
| 2011-11-30 | CA$88.91 Million ≈ $64.32 Million |
+16.57% |
| 2010-11-30 | CA$76.27 Million ≈ $55.17 Million |
+23.60% |
| 2009-11-30 | CA$61.71 Million ≈ $44.64 Million |
+24.82% |
| 2008-11-30 | CA$49.44 Million ≈ $35.76 Million |
+25.11% |
| 2007-11-30 | CA$39.51 Million ≈ $28.58 Million |
+33.77% |
| 2006-11-30 | CA$29.54 Million ≈ $21.37 Million |
+54.64% |
| 2005-11-30 | CA$19.10 Million ≈ $13.82 Million |
+75.86% |
| 2004-11-30 | CA$10.86 Million ≈ $7.86 Million |
+36.55% |
| 2003-11-30 | CA$7.95 Million ≈ $5.75 Million |
+19.29% |
| 2002-11-30 | CA$6.67 Million ≈ $4.82 Million |
+12.51% |
| 2001-11-30 | CA$5.93 Million ≈ $4.29 Million |
+17.78% |
| 2000-11-30 | CA$5.03 Million ≈ $3.64 Million |
-10.14% |
| 1999-11-30 | CA$5.60 Million ≈ $4.05 Million |
+7.69% |
| 1998-11-30 | CA$5.20 Million ≈ $3.76 Million |
+4.00% |
| 1997-11-30 | CA$5.00 Million ≈ $3.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to MTY Food Group 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 45149400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (November 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$446.09 Million | 55.63% |
| Common Stock | CA$290.59 Million | 36.24% |
| Other Comprehensive Income | CA$58.85 Million | 7.34% |
| Other Components | CA$6.29 Million | 0.79% |
| Total Equity | CA$801.84 Million | 100.00% |
MTY Food Group Inc Competitors by Market Cap
The table below lists competitors of MTY Food Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sichuan Goldstone Orient New Material Equipment Co Ltd
SHE:300434
|
$672.53 Million |
|
Jinling Pharmaceutical Co Ltd
SHE:000919
|
$672.54 Million |
|
Transcat Inc
NASDAQ:TRNS
|
$672.66 Million |
|
Zhang Xiaoquan Inc.
SHE:301055
|
$672.73 Million |
|
Advanced Nano Products Co. Ltd
KQ:121600
|
$672.32 Million |
|
Arvinas Inc
NASDAQ:ARVN
|
$672.23 Million |
|
Bank Bukopin Tbk
JK:BBKP
|
$671.50 Million |
|
BridgeBio Oncology Therapeutics, Inc.
NASDAQ:BBOT
|
$671.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MTY Food Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 811,412,000 to 801,837,000, a change of -9,575,000 (-1.2%).
- Net income of 24,170,000 contributed positively to equity growth.
- Dividend payments of 26,811,000 reduced retained earnings.
- Share repurchases of 41,815,000 reduced equity.
- Other comprehensive income increased equity by 34,235,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$24.17 Million | +3.01% |
| Dividends Paid | CA$26.81 Million | -3.34% |
| Share Repurchases | CA$41.81 Million | -5.21% |
| Other Comprehensive Income | CA$34.23 Million | +4.27% |
| Other Changes | CA$646.00K | +0.08% |
| Total Change | CA$- | -1.18% |
Book Value vs Market Value Analysis
This analysis compares MTY Food Group 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: 1.21x
- 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 122.10x to 1.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-11-30 | CA$0.33 | CA$40.70 | x |
| 1998-11-30 | CA$0.28 | CA$40.70 | x |
| 1999-11-30 | CA$0.30 | CA$40.70 | x |
| 2000-11-30 | CA$0.31 | CA$40.70 | x |
| 2001-11-30 | CA$0.37 | CA$40.70 | x |
| 2002-11-30 | CA$0.42 | CA$40.70 | x |
| 2003-11-30 | CA$0.51 | CA$40.70 | x |
| 2004-11-30 | CA$0.67 | CA$40.70 | x |
| 2005-11-30 | CA$1.10 | CA$40.70 | x |
| 2006-11-30 | CA$1.57 | CA$40.70 | x |
| 2007-11-30 | CA$2.07 | CA$40.70 | x |
| 2008-11-30 | CA$2.58 | CA$40.70 | x |
| 2009-11-30 | CA$3.22 | CA$40.70 | x |
| 2010-11-30 | CA$3.99 | CA$40.70 | x |
| 2011-11-30 | CA$4.65 | CA$40.70 | x |
| 2012-11-30 | CA$5.54 | CA$40.70 | x |
| 2013-11-30 | CA$6.60 | CA$40.70 | x |
| 2014-11-30 | CA$7.57 | CA$40.70 | x |
| 2015-11-30 | CA$8.72 | CA$40.70 | x |
| 2016-11-30 | CA$15.73 | CA$40.70 | x |
| 2017-11-30 | CA$15.61 | CA$40.70 | x |
| 2018-11-30 | CA$25.93 | CA$40.70 | x |
| 2019-11-30 | CA$26.39 | CA$40.70 | x |
| 2020-11-30 | CA$23.50 | CA$40.70 | x |
| 2021-11-30 | CA$26.17 | CA$40.70 | x |
| 2022-11-30 | CA$29.57 | CA$40.70 | x |
| 2023-11-30 | CA$33.15 | CA$40.70 | x |
| 2024-11-30 | CA$33.51 | CA$40.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MTY Food Group Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.01%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.08%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 3.23x
- Recent ROE (3.01%) is below the historical average (13.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 6.00% | 5.66% | 0.80x | 1.32x | CA$-200.00K |
| 1998 | 1.96% | 1.09% | 1.07x | 1.69x | CA$-410.00K |
| 1999 | 1.85% | 0.65% | 1.72x | 1.67x | CA$-440.00K |
| 2000 | -17.00% | -4.90% | 1.92x | 1.80x | CA$-1.32 Million |
| 2001 | 15.34% | 5.61% | 1.68x | 1.63x | CA$309.12K |
| 2002 | 14.59% | 4.74% | 1.79x | 1.72x | CA$300.90K |
| 2003 | 16.38% | 11.00% | 1.15x | 1.29x | CA$494.14K |
| 2004 | 27.01% | 18.74% | 0.88x | 1.64x | CA$1.83 Million |
| 2005 | 22.36% | 22.85% | 0.76x | 1.29x | CA$2.35 Million |
| 2006 | 19.68% | 25.88% | 0.60x | 1.27x | CA$2.85 Million |
| 2007 | 23.24% | 30.03% | 0.58x | 1.33x | CA$5.22 Million |
| 2008 | 20.08% | 28.95% | 0.57x | 1.22x | CA$4.98 Million |
| 2009 | 19.90% | 23.79% | 0.67x | 1.24x | CA$6.10 Million |
| 2010 | 20.27% | 23.09% | 0.69x | 1.27x | CA$7.83 Million |
| 2011 | 18.17% | 20.59% | 0.67x | 1.32x | CA$7.26 Million |
| 2012 | 20.84% | 22.93% | 0.70x | 1.29x | CA$11.48 Million |
| 2013 | 20.36% | 25.37% | 0.59x | 1.37x | CA$13.08 Million |
| 2014 | 17.56% | 22.08% | 0.59x | 1.35x | CA$10.95 Million |
| 2015 | 15.61% | 17.92% | 0.64x | 1.35x | CA$9.35 Million |
| 2016 | 18.33% | 29.23% | 0.23x | 2.72x | CA$26.08 Million |
| 2017 | 14.84% | 17.93% | 0.32x | 2.56x | CA$16.14 Million |
| 2018 | 15.66% | 27.90% | 0.29x | 1.95x | CA$35.64 Million |
| 2019 | 11.68% | 14.10% | 0.33x | 2.48x | CA$11.20 Million |
| 2020 | -6.34% | -7.22% | 0.25x | 3.46x | CA$-95.07 Million |
| 2021 | 13.22% | 15.52% | 0.29x | 2.94x | CA$20.88 Million |
| 2022 | 10.34% | 10.44% | 0.31x | 3.21x | CA$2.48 Million |
| 2023 | 12.83% | 8.90% | 0.44x | 3.30x | CA$22.94 Million |
| 2024 | 3.01% | 2.08% | 0.45x | 3.23x | CA$-56.01 Million |
Industry Comparison
This section compares MTY Food Group Inc's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $1,432,177,565
- Average return on equity (ROE) among peers: -38.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MTY Food Group Inc (MTY) | CA$814.83 Million | 6.00% | 2.05x | $672.49 Million |
| Aegis Brands Inc (AEG) | $20.86 Million | -22.56% | 2.23x | $16.66 Million |
| A W FOOD SERVICES OF CANADA INC (AW) | $-122.45 Million | 0.00% | 0.00x | $642.65 Million |
| Odd Burger Corp (ODD) | $3.60 Million | -143.68% | 0.95x | $2.49 Million |
| Pizza Pizza Royalty Corp. (PZA) | $293.91 Million | 10.54% | 0.26x | $278.88 Million |
| Restaurant Brands International Limited Partnership (QSP-UN) | $3.62 Billion | 16.92% | 4.57x | $8.51 Billion |
| Restaurant Brands International Inc (QSR) | $6.21 Billion | 6.04% | 1.96x | $27.26 Billion |
| SPoT Coffee Ltd (SPP) | $1.63 Million | -139.20% | 2.44x | $1.76 Million |
About MTY Food Group Inc
MTY Food Group Inc. operates and franchises quick-service, fast-casual, and casual dining restaurants in Canada, the United States, and internationally. The company also sells retail products under a multitude of banners. In addition, it operates distribution centers and food processing plants. The company was formerly known as iNsu Innovations Group Inc. and changed its name to MTY Food Group In… Read more