North West Company Inc (NWC) - Net Assets
Based on the latest financial reports, North West Company Inc (NWC) has net assets worth CA$817.59 Million CAD (≈ $591.43 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$1.60 Billion ≈ $1.16 Billion USD) and total liabilities (CA$782.13 Million ≈ $565.78 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 asset resilience ratio of North West Company Inc to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$817.59 Million |
| % of Total Assets | 51.11% |
| Annual Growth Rate | 5.58% |
| 5-Year Change | 57.3% |
| 10-Year Change | 122.23% |
| Growth Volatility | 6.03 |
North West Company Inc - Net Assets Trend (1994–2025)
This chart illustrates how North West Company Inc's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of North West Company Inc for the complete picture of this company's asset base.
Annual Net Assets for North West Company Inc (1994–2025)
The table below shows the annual net assets of North West Company Inc from 1994 to 2025. For live valuation and market cap data, see North West Company Inc (NWC) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-01-31 | CA$794.71 Million ≈ $574.88 Million |
+12.60% |
| 2024-01-31 | CA$705.77 Million ≈ $510.55 Million |
+8.93% |
| 2023-01-31 | CA$647.90 Million ≈ $468.68 Million |
+11.67% |
| 2022-01-31 | CA$580.20 Million ≈ $419.71 Million |
+14.84% |
| 2021-01-31 | CA$505.23 Million ≈ $365.48 Million |
+18.33% |
| 2020-01-31 | CA$426.97 Million ≈ $308.86 Million |
+1.39% |
| 2019-01-31 | CA$421.10 Million ≈ $304.62 Million |
+10.19% |
| 2018-01-31 | CA$382.16 Million ≈ $276.45 Million |
+3.91% |
| 2017-01-31 | CA$367.79 Million ≈ $266.05 Million |
+2.84% |
| 2016-01-31 | CA$357.61 Million ≈ $258.69 Million |
+8.60% |
| 2015-01-31 | CA$329.28 Million ≈ $238.20 Million |
+2.12% |
| 2014-01-31 | CA$322.44 Million ≈ $233.25 Million |
+8.84% |
| 2013-01-31 | CA$296.25 Million ≈ $214.30 Million |
+4.42% |
| 2012-01-31 | CA$283.71 Million ≈ $205.23 Million |
-6.21% |
| 2011-01-31 | CA$302.50 Million ≈ $218.82 Million |
+4.34% |
| 2010-01-31 | CA$289.93 Million ≈ $209.73 Million |
+5.65% |
| 2009-01-31 | CA$274.41 Million ≈ $198.50 Million |
+7.07% |
| 2008-01-31 | CA$256.30 Million ≈ $185.40 Million |
+1.69% |
| 2007-01-31 | CA$252.03 Million ≈ $182.31 Million |
+3.90% |
| 2006-01-31 | CA$242.57 Million ≈ $175.47 Million |
+2.66% |
| 2005-01-31 | CA$236.28 Million ≈ $170.92 Million |
+2.91% |
| 2004-01-31 | CA$229.60 Million ≈ $166.09 Million |
+4.66% |
| 2003-01-31 | CA$219.38 Million ≈ $158.70 Million |
-0.06% |
| 2002-01-31 | CA$219.52 Million ≈ $158.80 Million |
+14.95% |
| 2001-01-31 | CA$190.97 Million ≈ $138.15 Million |
+12.40% |
| 2000-01-31 | CA$169.90 Million ≈ $122.90 Million |
+3.53% |
| 1999-01-31 | CA$164.10 Million ≈ $118.71 Million |
+2.43% |
| 1998-01-31 | CA$160.20 Million ≈ $115.89 Million |
+8.68% |
| 1997-01-31 | CA$147.40 Million ≈ $106.63 Million |
+5.29% |
| 1996-01-31 | CA$140.00 Million ≈ $101.27 Million |
-12.50% |
| 1995-01-31 | CA$160.00 Million ≈ $115.74 Million |
+8.33% |
| 1994-01-31 | CA$147.70 Million ≈ $106.84 Million |
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Equity Component Analysis
This analysis shows how different components contribute to North West Company 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 1034.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$529.92 Million | 68.64% |
| Common Stock | CA$179.82 Million | 23.29% |
| Other Comprehensive Income | CA$56.53 Million | 7.32% |
| Other Components | CA$5.74 Million | 0.74% |
| Total Equity | CA$772.01 Million | 100.00% |
North West Company Inc Competitors by Market Cap
The table below lists competitors of North West Company Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telling Telecommunication Holding Co Ltd
SHE:000829
|
$1.76 Billion |
|
YGSOFT Inc
SHE:002063
|
$1.76 Billion |
|
Companhia Siderúrgica Nacional
MX:SIDN
|
$1.76 Billion |
|
Weis Markets Inc
NYSE:WMK
|
$1.76 Billion |
|
Dynapack International Technology
TWO:3211
|
$1.75 Billion |
|
Mayr-Melnhof Karton AG
VI:MMK
|
$1.75 Billion |
|
Hyundai Energy Solutions Co Ltd
KO:322000
|
$1.75 Billion |
|
Axogen Inc
NASDAQ:AXGN
|
$1.75 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in North West Company Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 684,692,000 to 772,006,000, a change of 87,314,000 (12.8%).
- Net income of 137,296,000 contributed positively to equity growth.
- Dividend payments of 75,525,000 reduced retained earnings.
- Share repurchases of 72,000 reduced equity.
- New share issuances of 72,000 increased equity.
- Other comprehensive income increased equity by 23,701,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$137.30 Million | +17.78% |
| Dividends Paid | CA$75.53 Million | -9.78% |
| Share Repurchases | CA$72.00K | -0.01% |
| Share Issuances | CA$72.00K | +0.01% |
| Other Comprehensive Income | CA$23.70 Million | +3.07% |
| Other Changes | CA$1.84 Million | +0.24% |
| Total Change | CA$- | 12.75% |
Book Value vs Market Value Analysis
This analysis compares North West Company 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: 3.20x
- 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 16.77x to 3.20x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1994-01-31 | CA$3.03 | CA$50.82 | x |
| 1995-01-31 | CA$3.29 | CA$50.82 | x |
| 1996-01-31 | CA$2.87 | CA$50.82 | x |
| 1997-01-31 | CA$3.24 | CA$50.82 | x |
| 1998-01-31 | CA$3.54 | CA$50.82 | x |
| 1999-01-31 | CA$3.67 | CA$50.82 | x |
| 2000-01-31 | CA$3.76 | CA$50.82 | x |
| 2001-01-31 | CA$4.33 | CA$50.82 | x |
| 2002-01-31 | CA$4.53 | CA$50.82 | x |
| 2003-01-31 | CA$4.53 | CA$50.82 | x |
| 2004-01-31 | CA$4.76 | CA$50.82 | x |
| 2005-01-31 | CA$4.65 | CA$50.82 | x |
| 2006-01-31 | CA$5.01 | CA$50.82 | x |
| 2007-01-31 | CA$5.26 | CA$50.82 | x |
| 2008-01-31 | CA$5.33 | CA$50.82 | x |
| 2009-01-31 | CA$5.67 | CA$50.82 | x |
| 2010-01-31 | CA$5.98 | CA$50.82 | x |
| 2011-01-31 | CA$6.24 | CA$50.82 | x |
| 2012-01-31 | CA$5.85 | CA$50.82 | x |
| 2013-01-31 | CA$6.10 | CA$50.82 | x |
| 2014-01-31 | CA$6.63 | CA$50.82 | x |
| 2015-01-31 | CA$6.76 | CA$50.82 | x |
| 2016-01-31 | CA$7.33 | CA$50.82 | x |
| 2017-01-31 | CA$7.51 | CA$50.82 | x |
| 2018-01-31 | CA$7.51 | CA$50.82 | x |
| 2019-01-31 | CA$8.31 | CA$50.82 | x |
| 2020-01-31 | CA$8.38 | CA$50.82 | x |
| 2021-01-31 | CA$9.92 | CA$50.82 | x |
| 2022-01-31 | CA$11.49 | CA$50.82 | x |
| 2023-01-31 | CA$12.93 | CA$50.82 | x |
| 2024-01-31 | CA$14.14 | CA$50.82 | x |
| 2025-01-31 | CA$15.90 | CA$50.82 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently North West Company 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): 17.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.33%
- • Asset Turnover: 1.69x
- • Equity Multiplier: 1.98x
- Recent ROE (17.78%) is below the historical average (18.13%), 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 | 11.65% | 3.13% | 1.66x | 2.24x | CA$2.43 Million |
| 1995 | 10.13% | 2.76% | 1.49x | 2.45x | CA$200.00K |
| 1996 | -3.71% | -0.88% | 1.58x | 2.67x | CA$-19.20 Million |
| 1997 | 12.14% | 3.03% | 1.55x | 2.59x | CA$3.16 Million |
| 1998 | 13.11% | 3.41% | 1.45x | 2.65x | CA$4.98 Million |
| 1999 | 9.81% | 2.56% | 1.60x | 2.40x | CA$-310.00K |
| 2000 | 16.48% | 4.47% | 1.62x | 2.28x | CA$11.01 Million |
| 2001 | 14.73% | 4.27% | 1.58x | 2.18x | CA$9.04 Million |
| 2002 | 13.22% | 4.12% | 1.63x | 1.97x | CA$7.06 Million |
| 2003 | 15.71% | 4.60% | 1.79x | 1.91x | CA$12.53 Million |
| 2004 | 15.56% | 4.56% | 1.91x | 1.78x | CA$12.77 Million |
| 2005 | 15.77% | 4.72% | 1.91x | 1.75x | CA$13.64 Million |
| 2006 | 17.68% | 5.05% | 2.00x | 1.75x | CA$18.63 Million |
| 2007 | 21.29% | 5.68% | 2.14x | 1.75x | CA$28.46 Million |
| 2008 | 24.58% | 5.92% | 2.01x | 2.07x | CA$37.36 Million |
| 2009 | 27.47% | 5.41% | 2.29x | 2.22x | CA$47.94 Million |
| 2010 | 28.22% | 5.66% | 2.32x | 2.15x | CA$52.82 Million |
| 2011 | 23.03% | 4.81% | 2.33x | 2.05x | CA$39.41 Million |
| 2012 | 20.43% | 3.88% | 2.38x | 2.21x | CA$29.59 Million |
| 2013 | 21.99% | 4.30% | 2.32x | 2.20x | CA$35.52 Million |
| 2014 | 19.93% | 4.16% | 2.30x | 2.08x | CA$32.02 Million |
| 2015 | 19.10% | 3.87% | 2.24x | 2.20x | CA$29.95 Million |
| 2016 | 19.51% | 3.89% | 2.26x | 2.22x | CA$34.02 Million |
| 2017 | 20.96% | 4.18% | 2.29x | 2.19x | CA$40.30 Million |
| 2018 | 18.15% | 3.44% | 2.10x | 2.52x | CA$30.16 Million |
| 2019 | 21.23% | 4.31% | 1.97x | 2.50x | CA$45.89 Million |
| 2020 | 19.99% | 3.95% | 1.72x | 2.94x | CA$41.33 Million |
| 2021 | 28.47% | 5.93% | 1.98x | 2.42x | CA$90.74 Million |
| 2022 | 27.46% | 6.88% | 1.84x | 2.16x | CA$98.44 Million |
| 2023 | 19.42% | 5.19% | 1.76x | 2.12x | CA$59.27 Million |
| 2024 | 18.90% | 5.23% | 1.77x | 2.04x | CA$60.92 Million |
| 2025 | 17.78% | 5.33% | 1.69x | 1.98x | CA$60.10 Million |
Industry Comparison
This section compares North West Company Inc's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $5,808,875,000
- Average return on equity (ROE) among peers: 8.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| North West Company Inc (NWC) | CA$817.59 Million | 11.65% | 0.96x | $1.75 Billion |
| Empire Company Limited (EMP-A) | $2.27 Billion | 8.24% | 1.18x | $4.34 Billion |
| Loblaw Companies Limited (L) | $5.56 Billion | 5.93% | 1.46x | $53.17 Billion |
| Metro Inc. (MRU) | $2.27 Billion | 15.60% | 1.05x | $14.06 Billion |
| George Weston Limited (WN) | $13.14 Billion | 3.28% | 2.58x | $27.01 Billion |
About North West Company Inc
The North West Company Inc., through its subsidiaries, engages in the retail of food and everyday products and services in northern Canada, rural Alaska, the South Pacific, and the Caribbean. The company operates Northern stores, which offers food, financial services, and general merchandise; NorthMart stores that provides fresh food products, apparel, and health products and services; and Quicks… Read more