Saputo Inc (SAP) - Net Assets
Based on the latest financial reports, Saputo Inc (SAP) has net assets worth CA$6.68 Billion CAD (≈ $4.83 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$13.32 Billion ≈ $9.63 Billion USD) and total liabilities (CA$6.64 Billion ≈ $4.80 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 SAP intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$6.68 Billion |
| % of Total Assets | 50.18% |
| Annual Growth Rate | 15.82% |
| 5-Year Change | 8.27% |
| 10-Year Change | 71.43% |
| Growth Volatility | 40.52 |
Saputo Inc - Net Assets Trend (1997–2025)
This chart illustrates how Saputo Inc's net assets have evolved over time, based on quarterly financial data. See Saputo Inc liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Saputo Inc (1997–2025)
The table below shows the annual net assets of Saputo Inc from 1997 to 2025. For live valuation and market cap data, see Saputo Inc stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | CA$6.98 Billion ≈ $5.05 Billion |
-1.04% |
| 2024-03-31 | CA$7.05 Billion ≈ $5.10 Billion |
-1.26% |
| 2023-03-31 | CA$7.14 Billion ≈ $5.16 Billion |
+9.76% |
| 2022-03-31 | CA$6.50 Billion ≈ $4.71 Billion |
+0.95% |
| 2021-03-31 | CA$6.44 Billion ≈ $4.66 Billion |
-1.75% |
| 2020-03-31 | CA$6.56 Billion ≈ $4.74 Billion |
+21.01% |
| 2019-03-31 | CA$5.42 Billion ≈ $3.92 Billion |
+12.98% |
| 2018-03-31 | CA$4.80 Billion ≈ $3.47 Billion |
+10.98% |
| 2017-03-31 | CA$4.32 Billion ≈ $3.13 Billion |
+6.22% |
| 2016-03-31 | CA$4.07 Billion ≈ $2.94 Billion |
+12.16% |
| 2015-03-31 | CA$3.63 Billion ≈ $2.62 Billion |
+27.80% |
| 2014-03-31 | CA$2.84 Billion ≈ $2.05 Billion |
+23.14% |
| 2013-03-31 | CA$2.31 Billion ≈ $1.67 Billion |
+9.50% |
| 2012-03-31 | CA$2.11 Billion ≈ $1.52 Billion |
-0.94% |
| 2011-03-31 | CA$2.13 Billion ≈ $1.54 Billion |
+4.78% |
| 2010-03-31 | CA$2.03 Billion ≈ $1.47 Billion |
+2.85% |
| 2009-03-31 | CA$1.97 Billion ≈ $1.43 Billion |
+21.81% |
| 2008-03-31 | CA$1.62 Billion ≈ $1.17 Billion |
+5.62% |
| 2007-03-31 | CA$1.53 Billion ≈ $1.11 Billion |
+9.30% |
| 2006-03-31 | CA$1.40 Billion ≈ $1.01 Billion |
+6.59% |
| 2005-03-31 | CA$1.32 Billion ≈ $951.87 Million |
+13.75% |
| 2004-03-31 | CA$1.16 Billion ≈ $836.83 Million |
+13.80% |
| 2003-03-31 | CA$1.02 Billion ≈ $735.32 Million |
+12.87% |
| 2002-03-31 | CA$900.59 Million ≈ $651.47 Million |
+20.42% |
| 2001-03-31 | CA$747.90 Million ≈ $541.02 Million |
+18.92% |
| 2000-03-31 | CA$628.90 Million ≈ $454.94 Million |
+39.79% |
| 1999-03-31 | CA$449.90 Million ≈ $325.45 Million |
+21.63% |
| 1998-03-31 | CA$369.90 Million ≈ $267.58 Million |
+223.91% |
| 1997-03-31 | CA$114.20 Million ≈ $82.61 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Saputo 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 3740.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$3.80 Billion | 54.44% |
| Common Stock | CA$2.15 Billion | 30.82% |
| Other Comprehensive Income | CA$1.03 Billion | 14.75% |
| Total Equity | CA$6.98 Billion | 100.00% |
Saputo Inc Competitors by Market Cap
The table below lists competitors of Saputo Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ally Financial Inc
NYSE:ALLY
|
$12.59 Billion |
|
Everest Group Ltd
NYSE:EG
|
$12.59 Billion |
|
ENKA Insaat ve Sanayi AS
IS:ENKAI
|
$12.59 Billion |
|
Zhejiang Zheneng Electric Power Co Ltd
SHG:600023
|
$12.60 Billion |
|
BorgWarner Inc
NYSE:BWA
|
$12.58 Billion |
|
APA Corporation
NASDAQ:APA
|
$12.57 Billion |
|
Rocket Companies Inc
NYSE:RKT
|
$12.56 Billion |
|
Penumbra Inc
NYSE:PEN
|
$12.56 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Saputo Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,050,000,000 to 6,977,000,000, a change of -73,000,000 (-1.0%).
- Net loss of 176,000,000 reduced equity.
- Dividend payments of 320,000,000 reduced retained earnings.
- Share repurchases of 149,000,000 reduced equity.
- New share issuances of 1,000,000 increased equity.
- Other comprehensive income increased equity by 570,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-176.00 Million | -2.52% |
| Dividends Paid | CA$320.00 Million | -4.59% |
| Share Repurchases | CA$149.00 Million | -2.14% |
| Share Issuances | CA$1.00 Million | +0.01% |
| Other Comprehensive Income | CA$570.00 Million | +8.17% |
| Other Changes | CA$1.00 Million | +0.01% |
| Total Change | CA$- | -1.04% |
Book Value vs Market Value Analysis
This analysis compares Saputo 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: 2.61x
- 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 89.96x to 2.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-03-31 | CA$0.48 | CA$42.91 | x |
| 1998-03-31 | CA$0.94 | CA$42.91 | x |
| 1999-03-31 | CA$1.13 | CA$42.91 | x |
| 2000-03-31 | CA$1.56 | CA$42.91 | x |
| 2001-03-31 | CA$1.81 | CA$42.91 | x |
| 2002-03-31 | CA$2.16 | CA$42.91 | x |
| 2003-03-31 | CA$2.43 | CA$42.91 | x |
| 2004-03-31 | CA$2.76 | CA$42.91 | x |
| 2005-03-31 | CA$3.12 | CA$42.91 | x |
| 2006-03-31 | CA$3.32 | CA$42.91 | x |
| 2007-03-31 | CA$3.67 | CA$42.91 | x |
| 2008-03-31 | CA$3.89 | CA$42.91 | x |
| 2009-03-31 | CA$4.73 | CA$42.91 | x |
| 2010-03-31 | CA$4.86 | CA$42.91 | x |
| 2011-03-31 | CA$5.08 | CA$42.91 | x |
| 2012-03-31 | CA$5.14 | CA$42.91 | x |
| 2013-03-31 | CA$5.75 | CA$42.91 | x |
| 2014-03-31 | CA$7.02 | CA$42.91 | x |
| 2015-03-31 | CA$8.96 | CA$42.91 | x |
| 2016-03-31 | CA$10.06 | CA$42.91 | x |
| 2017-03-31 | CA$10.92 | CA$42.91 | x |
| 2018-03-31 | CA$12.26 | CA$42.91 | x |
| 2019-03-31 | CA$13.85 | CA$42.91 | x |
| 2020-03-31 | CA$16.30 | CA$42.91 | x |
| 2021-03-31 | CA$15.66 | CA$42.91 | x |
| 2022-03-31 | CA$15.68 | CA$42.91 | x |
| 2023-03-31 | CA$17.03 | CA$42.91 | x |
| 2024-03-31 | CA$16.66 | CA$42.91 | x |
| 2025-03-31 | CA$16.47 | CA$42.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Saputo 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): -2.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.92%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 1.99x
- Recent ROE (-2.52%) is below the historical average (15.18%), 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 | 35.90% | 9.10% | 2.56x | 1.54x | CA$29.58 Million |
| 1998 | 12.35% | 5.59% | 0.91x | 2.42x | CA$8.71 Million |
| 1999 | 17.58% | 4.13% | 1.79x | 2.38x | CA$34.11 Million |
| 2000 | 15.92% | 5.38% | 1.35x | 2.18x | CA$37.21 Million |
| 2001 | 14.74% | 5.10% | 1.07x | 2.69x | CA$35.45 Million |
| 2002 | 17.78% | 4.63% | 1.69x | 2.27x | CA$70.10 Million |
| 2003 | 17.09% | 5.11% | 1.72x | 1.94x | CA$72.08 Million |
| 2004 | 18.36% | 5.95% | 1.73x | 1.79x | CA$96.68 Million |
| 2005 | 17.64% | 5.98% | 1.82x | 1.62x | CA$100.56 Million |
| 2006 | 13.70% | 4.78% | 1.78x | 1.61x | CA$51.85 Million |
| 2007 | 15.56% | 5.96% | 1.61x | 1.62x | CA$85.17 Million |
| 2008 | 17.80% | 5.70% | 1.85x | 1.69x | CA$126.28 Million |
| 2009 | 14.14% | 4.82% | 1.66x | 1.77x | CA$81.71 Million |
| 2010 | 18.87% | 6.59% | 1.79x | 1.60x | CA$179.85 Million |
| 2011 | 21.22% | 7.49% | 1.64x | 1.72x | CA$238.55 Million |
| 2012 | 18.09% | 5.50% | 1.93x | 1.71x | CA$170.27 Million |
| 2013 | 20.90% | 6.60% | 1.41x | 2.25x | CA$251.35 Million |
| 2014 | 19.20% | 5.00% | 1.68x | 2.29x | CA$255.47 Million |
| 2015 | 17.06% | 5.70% | 1.57x | 1.91x | CA$251.52 Million |
| 2016 | 15.02% | 5.47% | 1.53x | 1.79x | CA$200.92 Million |
| 2017 | 16.84% | 6.52% | 1.47x | 1.76x | CA$295.51 Million |
| 2018 | 17.77% | 7.39% | 1.44x | 1.67x | CA$372.73 Million |
| 2019 | 13.93% | 5.59% | 1.37x | 1.82x | CA$213.25 Million |
| 2020 | 8.89% | 3.90% | 1.08x | 2.10x | CA$-73.11 Million |
| 2021 | 9.71% | 4.38% | 1.09x | 2.04x | CA$-18.40 Million |
| 2022 | 4.21% | 1.82% | 1.10x | 2.10x | CA$-376.50 Million |
| 2023 | 8.71% | 3.49% | 1.24x | 2.02x | CA$-92.00 Million |
| 2024 | 3.76% | 1.53% | 1.22x | 2.02x | CA$-440.00 Million |
| 2025 | -2.52% | -0.92% | 1.37x | 1.99x | CA$-873.70 Million |
Industry Comparison
This section compares Saputo Inc's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $212,471,862
- Average return on equity (ROE) among peers: -82.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Saputo Inc (SAP) | CA$6.68 Billion | 35.90% | 0.99x | $12.58 Billion |
| Astron Connect Inc (AST) | $1.84 Million | -70.73% | 0.38x | $656.93K |
| Else Nutrition Holdings Inc (BABY) | $7.56K | -716.06% | 4.36x | $811.89K |
| BioNeutra Global Corp (BGA) | $18.06 Million | 17.18% | 1.21x | $1.01 Million |
| Burcon NutraScience Corporation (BU) | $6.08 Million | -33.98% | 0.05x | $17.35 Million |
| Canyon Creek Food Company Ltd (CYF) | $-41.12 Million | 0.00% | 0.00x | $508.52K |
| High Liner Foods Incorporated (HLF) | $20.20 Million | 29.76% | 3.97x | $301.20 Million |
| Inter Rock Minerals Inc (IRO) | $4.02 Million | 24.84% | 3.04x | $16.02 Million |
| Jamieson Wellness Inc (JWEL) | $548.38 Million | 9.47% | 1.20x | $1.05 Billion |
| Lifeist Wellness Inc (LFST) | $28.99 Million | -90.55% | 0.35x | $1.33 Million |
| Maple Leaf Foods Inc. (MFI) | $1.54 Billion | 6.28% | 1.88x | $2.73 Billion |
About Saputo Inc
Saputo Inc. produces, markets, and distributes dairy products in Canada, the United States, Australia, Argentina, and the United Kingdom. The company offers a variety of cheeses comprising mozzarella and cheddar; specialty cheeses, such as ricotta, provolone, parmesan, goat cheese, feta, havarti, snacking, romano, string, blue, and soft and processed cheeses; brie and camembert fine cheeses; and … Read more