NFI Group Inc (NFI) - Net Assets
Based on the latest financial reports, NFI Group Inc (NFI) has net assets worth CA$417.00 Million CAD (≈ $301.65 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$3.03 Billion ≈ $2.19 Billion USD) and total liabilities (CA$2.61 Billion ≈ $1.89 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 NFI Group Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$417.00 Million |
| % of Total Assets | 13.78% |
| Annual Growth Rate | 12.52% |
| 5-Year Change | 14.13% |
| 10-Year Change | 46.27% |
| Growth Volatility | 76.59 |
NFI Group Inc - Net Assets Trend (2005–2024)
This chart illustrates how NFI Group Inc's net assets have evolved over time, based on quarterly financial data. See NFI days of operational coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for NFI Group Inc (2005–2024)
The table below shows the annual net assets of NFI Group Inc from 2005 to 2024. For live valuation and market cap data, see NFI Group Inc (NFI) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$707.75 Million ≈ $511.98 Million |
+0.69% |
| 2023-12-31 | CA$702.91 Million ≈ $508.48 Million |
+20.73% |
| 2022-12-31 | CA$582.23 Million ≈ $421.18 Million |
-33.21% |
| 2021-12-31 | CA$871.77 Million ≈ $630.63 Million |
+40.58% |
| 2020-12-31 | CA$620.14 Million ≈ $448.60 Million |
-24.11% |
| 2019-12-31 | CA$817.20 Million ≈ $591.15 Million |
+2.47% |
| 2018-12-31 | CA$797.49 Million ≈ $576.89 Million |
+3.86% |
| 2017-12-31 | CA$767.83 Million ≈ $555.44 Million |
+21.85% |
| 2016-12-31 | CA$630.17 Million ≈ $455.85 Million |
+30.24% |
| 2015-12-31 | CA$483.86 Million ≈ $350.02 Million |
+6.90% |
| 2014-12-31 | CA$452.62 Million ≈ $327.42 Million |
-0.56% |
| 2013-12-31 | CA$455.18 Million ≈ $329.27 Million |
+32.32% |
| 2012-12-31 | CA$343.99 Million ≈ $248.84 Million |
-5.90% |
| 2011-12-31 | CA$365.57 Million ≈ $264.45 Million |
+285.59% |
| 2010-12-31 | CA$94.81 Million ≈ $68.58 Million |
-5.84% |
| 2009-12-31 | CA$100.69 Million ≈ $72.84 Million |
-31.80% |
| 2008-12-31 | CA$147.65 Million ≈ $106.80 Million |
+735.22% |
| 2007-12-31 | CA$-23.24 Million ≈ $-16.81 Million |
-136.18% |
| 2006-12-31 | CA$64.25 Million ≈ $46.48 Million |
-14.66% |
| 2005-12-31 | CA$75.29 Million ≈ $54.46 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to NFI 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 decreased by 6330.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$1.24 Billion | 175.40% |
| Other Comprehensive Income | CA$10.74 Million | 1.52% |
| Other Components | CA$14.25 Million | 2.01% |
| Total Equity | CA$707.75 Million | 100.00% |
NFI Group Inc Competitors by Market Cap
The table below lists competitors of NFI Group Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gansu Jingyuan Coal Industry and Electricity Power Co Ltd
SHE:000552
|
$1.94 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
$1.94 Billion |
|
Forvia SE
PA:FRVIA
|
$1.94 Billion |
|
Kodiak Sciences Inc
NASDAQ:KOD
|
$1.94 Billion |
|
Sansera Engineering Limited
NSE:SANSERA
|
$1.94 Billion |
|
Dgb Financial
KO:139130
|
$1.94 Billion |
|
The Jammu & Kashmir Bank Limited
NSE:J&KBANK
|
$1.94 Billion |
|
Zhengzhou GL Tech Co Ltd
SHE:300480
|
$1.94 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NFI Group Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 702,913,000 to 707,754,000, a change of 4,841,000 (0.7%).
- Net loss of 3,296,000 reduced equity.
- Share repurchases of 50,000 reduced equity.
- New share issuances of 50,000 increased equity.
- Other comprehensive income increased equity by 6,327,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-3.30 Million | -0.47% |
| Share Repurchases | CA$50.00K | -0.01% |
| Share Issuances | CA$50.00K | +0.01% |
| Other Comprehensive Income | CA$6.33 Million | +0.89% |
| Other Changes | CA$1.81 Million | +0.26% |
| Total Change | CA$- | 0.69% |
Book Value vs Market Value Analysis
This analysis compares NFI 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: 3.50x
- 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 40.72x to 3.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | CA$0.55 | CA$22.54 | x |
| 2006-12-31 | CA$32.13 | CA$22.54 | x |
| 2007-12-31 | CA$-9.51 | CA$22.54 | x |
| 2008-12-31 | CA$38.16 | CA$22.54 | x |
| 2009-12-31 | CA$21.28 | CA$22.54 | x |
| 2010-12-31 | CA$19.56 | CA$22.54 | x |
| 2011-12-31 | CA$18.58 | CA$22.54 | x |
| 2012-12-31 | CA$6.58 | CA$22.54 | x |
| 2013-12-31 | CA$8.76 | CA$22.54 | x |
| 2014-12-31 | CA$8.13 | CA$22.54 | x |
| 2015-12-31 | CA$8.62 | CA$22.54 | x |
| 2016-12-31 | CA$10.49 | CA$22.54 | x |
| 2017-12-31 | CA$12.17 | CA$22.54 | x |
| 2018-12-31 | CA$12.69 | CA$22.54 | x |
| 2019-12-31 | CA$13.18 | CA$22.54 | x |
| 2020-12-31 | CA$9.92 | CA$22.54 | x |
| 2021-12-31 | CA$12.45 | CA$22.54 | x |
| 2022-12-31 | CA$8.24 | CA$22.54 | x |
| 2023-12-31 | CA$7.65 | CA$22.54 | x |
| 2024-12-31 | CA$6.43 | CA$22.54 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NFI 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): -0.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.11%
- • Asset Turnover: 1.07x
- • Equity Multiplier: 4.12x
- Recent ROE (-0.47%) is below the historical average (2.29%), 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 | 14.64% | 5.27% | 1.86x | 1.49x | CA$3.49 Million |
| 2006 | -7.67% | -0.81% | 0.72x | 13.12x | CA$-11.35 Million |
| 2007 | 0.00% | -31.03% | 0.46x | 0.00x | CA$-128.34 Million |
| 2008 | 59.35% | 9.12% | 1.07x | 6.09x | CA$72.87 Million |
| 2009 | -30.17% | -2.76% | 1.26x | 8.64x | CA$-40.45 Million |
| 2010 | 2.53% | 0.24% | 1.21x | 8.56x | CA$-7.08 Million |
| 2011 | 4.36% | 1.72% | 1.06x | 2.38x | CA$-20.61 Million |
| 2012 | 2.70% | 1.06% | 0.97x | 2.61x | CA$-25.11 Million |
| 2013 | 5.88% | 2.23% | 1.06x | 2.50x | CA$-18.76 Million |
| 2014 | 5.90% | 1.84% | 1.28x | 2.51x | CA$-18.54 Million |
| 2015 | 11.14% | 3.50% | 0.87x | 3.66x | CA$5.51 Million |
| 2016 | 19.82% | 5.49% | 1.25x | 2.89x | CA$61.88 Million |
| 2017 | 24.92% | 8.03% | 1.21x | 2.57x | CA$114.59 Million |
| 2018 | 20.06% | 6.35% | 1.21x | 2.60x | CA$80.19 Million |
| 2019 | 7.06% | 1.99% | 0.98x | 3.61x | CA$-24.02 Million |
| 2020 | -25.44% | -6.52% | 0.88x | 4.44x | CA$-219.75 Million |
| 2021 | -1.66% | -0.62% | 0.90x | 2.98x | CA$-101.66 Million |
| 2022 | -47.89% | -13.46% | 0.79x | 4.49x | CA$-334.09 Million |
| 2023 | -19.37% | -5.07% | 0.99x | 3.84x | CA$-206.46 Million |
| 2024 | -0.47% | -0.11% | 1.07x | 4.12x | CA$-74.07 Million |
Industry Comparison
This section compares NFI Group Inc's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $1,166,288
- Average return on equity (ROE) among peers: -211.01%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NFI Group Inc (NFI) | CA$417.00 Million | 14.64% | 6.26x | $1.94 Billion |
| First Hydrogen Corp (FHYD) | $1.17 Million | -211.01% | 1.25x | $23.83 Million |
About NFI Group Inc
NFI Group Inc., together with its subsidiaries, manufactures and sells buses in North America, the United Kingdom, rest of Europe, and the Asia Pacific. It operates through Manufacturing Operations and Aftermarket Operations segments. The Manufacturing Operations segment design, manufacture, service, and support transit buses, coaches, medium-duty shuttles, and cutaway buses, the installation of … Read more