Transcontinental Inc (TCL-A) - Net Assets
Based on the latest financial reports, Transcontinental Inc (TCL-A) has net assets worth CA$1.90 Billion CAD (≈ $1.38 Billion USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$3.27 Billion ≈ $2.37 Billion USD) and total liabilities (CA$1.37 Billion ≈ $992.48 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. Read Transcontinental Inc (TCL-A) financial obligations for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$1.90 Billion |
| % of Total Assets | 58.09% |
| Annual Growth Rate | 6.38% |
| 5-Year Change | 8.76% |
| 10-Year Change | 79.55% |
| Growth Volatility | 12.61 |
Transcontinental Inc - Net Assets Trend (1993–2025)
This chart illustrates how Transcontinental Inc's net assets have evolved over time, based on quarterly financial data. Also explore TCL-A asset base for the complete picture of this company's asset base.
Annual Net Assets for Transcontinental Inc (1993–2025)
The table below shows the annual net assets of Transcontinental Inc from 1993 to 2025. For live valuation and market cap data, see Transcontinental Inc (TCL-A) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-10-31 | CA$1.92 Billion ≈ $1.39 Billion |
+0.21% |
| 2024-10-31 | CA$1.91 Billion ≈ $1.39 Billion |
+0.45% |
| 2023-10-31 | CA$1.91 Billion ≈ $1.38 Billion |
+1.29% |
| 2022-10-31 | CA$1.88 Billion ≈ $1.36 Billion |
+6.67% |
| 2021-10-31 | CA$1.76 Billion ≈ $1.28 Billion |
+1.48% |
| 2020-10-31 | CA$1.74 Billion ≈ $1.26 Billion |
+2.80% |
| 2019-10-31 | CA$1.69 Billion ≈ $1.22 Billion |
+3.49% |
| 2018-10-31 | CA$1.63 Billion ≈ $1.18 Billion |
+34.09% |
| 2017-10-31 | CA$1.22 Billion ≈ $881.59 Million |
+14.04% |
| 2016-10-31 | CA$1.07 Billion ≈ $773.08 Million |
+5.16% |
| 2015-10-31 | CA$1.02 Billion ≈ $735.18 Million |
+28.14% |
| 2014-10-31 | CA$793.10 Million ≈ $573.72 Million |
-2.73% |
| 2013-10-31 | CA$815.40 Million ≈ $589.85 Million |
-9.54% |
| 2012-10-31 | CA$901.40 Million ≈ $652.06 Million |
-32.17% |
| 2011-10-31 | CA$1.33 Billion ≈ $961.38 Million |
+6.58% |
| 2010-10-31 | CA$1.25 Billion ≈ $902.06 Million |
+11.81% |
| 2009-10-31 | CA$1.12 Billion ≈ $806.79 Million |
+0.78% |
| 2008-10-31 | CA$1.11 Billion ≈ $800.57 Million |
-6.20% |
| 2007-10-31 | CA$1.18 Billion ≈ $853.45 Million |
+1.96% |
| 2006-10-31 | CA$1.16 Billion ≈ $837.03 Million |
+4.56% |
| 2005-10-31 | CA$1.11 Billion ≈ $800.51 Million |
+12.74% |
| 2004-10-31 | CA$981.54 Million ≈ $710.03 Million |
+12.80% |
| 2003-10-31 | CA$870.16 Million ≈ $629.46 Million |
+13.47% |
| 2002-10-31 | CA$766.87 Million ≈ $554.74 Million |
+34.12% |
| 2001-10-31 | CA$571.79 Million ≈ $413.62 Million |
+6.33% |
| 2000-10-31 | CA$537.76 Million ≈ $389.01 Million |
+4.62% |
| 1999-10-31 | CA$514.00 Million ≈ $371.82 Million |
+5.24% |
| 1998-10-31 | CA$488.40 Million ≈ $353.30 Million |
+25.49% |
| 1997-10-31 | CA$389.20 Million ≈ $281.54 Million |
+9.02% |
| 1996-10-31 | CA$357.00 Million ≈ $258.25 Million |
+0.48% |
| 1995-10-31 | CA$355.30 Million ≈ $257.02 Million |
+9.05% |
| 1994-10-31 | CA$325.80 Million ≈ $235.68 Million |
+23.04% |
| 1993-10-31 | CA$264.80 Million ≈ $191.55 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Transcontinental 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 1769.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (October 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$1.26 Billion | 65.78% |
| Common Stock | CA$611.40 Million | 31.96% |
| Other Comprehensive Income | CA$42.30 Million | 2.21% |
| Other Components | CA$900.00K | 0.05% |
| Total Equity | CA$1.91 Billion | 100.00% |
Transcontinental Inc Competitors by Market Cap
The table below lists competitors of Transcontinental Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Western New England Bancorp Inc
NASDAQ:WNEB
|
$286.85 Million |
|
Rossari Biotech Limited
NSE:ROSSARI
|
$286.86 Million |
|
Norwood Financial Corp
NASDAQ:NWFL
|
$286.90 Million |
|
NACCO Industries Inc
NYSE:NC
|
$286.94 Million |
|
Incap Oyj
HE:ICP1V
|
$286.82 Million |
|
CompX International Inc
NYSE MKT:CIX
|
$286.76 Million |
|
Cellectis SA
NASDAQ:CLLS
|
$286.73 Million |
|
Liaoning Kelong Fine ChemicalInc
SHE:300405
|
$286.71 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Transcontinental Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,909,300,000 to 1,912,900,000, a change of 3,600,000 (0.2%).
- Net income of 171,000,000 contributed positively to equity growth.
- Dividend payments of 159,000,000 reduced retained earnings.
- Share repurchases of 16,300,000 reduced equity.
- Other comprehensive income decreased equity by 9,400,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$171.00 Million | +8.94% |
| Dividends Paid | CA$159.00 Million | -8.31% |
| Share Repurchases | CA$16.30 Million | -0.85% |
| Other Comprehensive Income | CA$-9.40 Million | -0.49% |
| Other Changes | CA$17.30 Million | +0.9% |
| Total Change | CA$- | 0.19% |
Book Value vs Market Value Analysis
This analysis compares Transcontinental 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: 0.23x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.23x to 0.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-10-31 | CA$4.34 | CA$5.35 | x |
| 1994-10-31 | CA$4.38 | CA$5.35 | x |
| 1995-10-31 | CA$4.67 | CA$5.35 | x |
| 1996-10-31 | CA$4.21 | CA$5.35 | x |
| 1997-10-31 | CA$4.85 | CA$5.35 | x |
| 1998-10-31 | CA$5.74 | CA$5.35 | x |
| 1999-10-31 | CA$6.11 | CA$5.35 | x |
| 2000-10-31 | CA$6.42 | CA$5.35 | x |
| 2001-10-31 | CA$6.99 | CA$5.35 | x |
| 2002-10-31 | CA$8.95 | CA$5.35 | x |
| 2003-10-31 | CA$9.72 | CA$5.35 | x |
| 2004-10-31 | CA$10.96 | CA$5.35 | x |
| 2005-10-31 | CA$12.34 | CA$5.35 | x |
| 2006-10-31 | CA$13.25 | CA$5.35 | x |
| 2007-10-31 | CA$13.87 | CA$5.35 | x |
| 2008-10-31 | CA$13.54 | CA$5.35 | x |
| 2009-10-31 | CA$13.80 | CA$5.35 | x |
| 2010-10-31 | CA$15.40 | CA$5.35 | x |
| 2011-10-31 | CA$16.38 | CA$5.35 | x |
| 2012-10-31 | CA$11.15 | CA$5.35 | x |
| 2013-10-31 | CA$10.45 | CA$5.35 | x |
| 2014-10-31 | CA$10.13 | CA$5.35 | x |
| 2015-10-31 | CA$12.98 | CA$5.35 | x |
| 2016-10-31 | CA$13.74 | CA$5.35 | x |
| 2017-10-31 | CA$15.73 | CA$5.35 | x |
| 2018-10-31 | CA$19.78 | CA$5.35 | x |
| 2019-10-31 | CA$19.30 | CA$5.35 | x |
| 2020-10-31 | CA$19.90 | CA$5.35 | x |
| 2021-10-31 | CA$20.22 | CA$5.35 | x |
| 2022-10-31 | CA$21.63 | CA$5.35 | x |
| 2023-10-31 | CA$21.95 | CA$5.35 | x |
| 2024-10-31 | CA$22.18 | CA$5.35 | x |
| 2025-10-31 | CA$22.83 | CA$5.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Transcontinental Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.94%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.23%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.75x
- Recent ROE (8.94%) is above the historical average (8.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 7.39% | 2.87% | 1.04x | 2.49x | CA$-6.47 Million |
| 1994 | 6.91% | 2.66% | 1.19x | 2.18x | CA$-9.38 Million |
| 1995 | 8.80% | 2.99% | 1.14x | 2.58x | CA$-3.90 Million |
| 1996 | 1.71% | 0.53% | 1.41x | 2.29x | CA$-26.75 Million |
| 1997 | 9.88% | 3.10% | 1.39x | 2.29x | CA$-430.00K |
| 1998 | 9.91% | 3.15% | 1.16x | 2.71x | CA$-390.00K |
| 1999 | 10.69% | 3.14% | 1.23x | 2.78x | CA$3.14 Million |
| 2000 | 12.80% | 3.40% | 1.20x | 3.15x | CA$13.35 Million |
| 2001 | 3.70% | 1.16% | 1.33x | 2.40x | CA$-35.25 Million |
| 2002 | 16.33% | 7.03% | 1.04x | 2.23x | CA$48.48 Million |
| 2003 | 16.46% | 7.50% | 1.11x | 1.98x | CA$56.14 Million |
| 2004 | 13.14% | 6.29% | 1.02x | 2.05x | CA$30.82 Million |
| 2005 | 12.56% | 6.31% | 0.98x | 2.03x | CA$28.37 Million |
| 2006 | 11.93% | 6.28% | 0.97x | 1.97x | CA$22.27 Million |
| 2007 | 10.24% | 5.18% | 0.98x | 2.01x | CA$2.84 Million |
| 2008 | 0.71% | 0.33% | 0.93x | 2.37x | CA$-102.76 Million |
| 2009 | -7.34% | -3.56% | 0.90x | 2.29x | CA$-193.32 Million |
| 2010 | 13.91% | 8.29% | 0.81x | 2.08x | CA$48.78 Million |
| 2011 | 6.37% | 4.14% | 0.83x | 1.85x | CA$-48.22 Million |
| 2012 | -19.61% | -8.36% | 0.99x | 2.37x | CA$-266.50 Million |
| 2013 | -0.94% | -0.36% | 1.13x | 2.28x | CA$-89.20 Million |
| 2014 | 14.13% | 5.41% | 1.02x | 2.56x | CA$32.69 Million |
| 2015 | 25.84% | 13.12% | 0.95x | 2.08x | CA$160.97 Million |
| 2016 | 13.69% | 7.24% | 0.98x | 1.93x | CA$39.43 Million |
| 2017 | 17.35% | 10.54% | 0.94x | 1.75x | CA$89.63 Million |
| 2018 | 13.06% | 8.13% | 0.69x | 2.31x | CA$49.99 Million |
| 2019 | 9.85% | 5.47% | 0.80x | 2.24x | CA$-2.60 Million |
| 2020 | 7.60% | 5.12% | 0.72x | 2.08x | CA$-41.63 Million |
| 2021 | 7.42% | 4.94% | 0.73x | 2.05x | CA$-45.31 Million |
| 2022 | 7.52% | 4.78% | 0.78x | 2.02x | CA$-46.52 Million |
| 2023 | 4.51% | 2.92% | 0.79x | 1.95x | CA$-104.33 Million |
| 2024 | 6.35% | 4.31% | 0.77x | 1.91x | CA$-69.63 Million |
| 2025 | 8.94% | 6.23% | 0.82x | 1.75x | CA$-20.29 Million |
Industry Comparison
This section compares Transcontinental Inc's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $1,021,114,068
- Average return on equity (ROE) among peers: 10.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Transcontinental Inc (TCL-A) | CA$1.90 Billion | 7.39% | 0.72x | $286.82 Million |
| Cascades Inc. (CAS) | $1.60 Billion | 31.67% | 1.74x | $791.49 Million |
| CCL Industries Inc (CCL-B) | $3.75 Billion | 15.99% | 1.04x | $9.92 Billion |
| Imaflex Inc (IFX) | $28.42 Million | 12.49% | 0.89x | $88.17 Million |
| NEXE Innovations Inc (NEXE) | $33.60 Million | -19.44% | 0.09x | $13.72 Million |
| Supremex Inc. (SXP) | $82.34 Million | 17.72% | 0.61x | $64.10 Million |
| Transcontinental Inc (TCL-B) | $488.40 Million | 8.62% | 1.36x | $47.59 Million |
| Winpak Ltd. (WPK) | $1.17 Billion | 9.11% | 0.14x | $1.71 Billion |
About Transcontinental Inc
Transcontinental Inc. engages in the flexible packaging business in Canada, the United States, Latin America, the United Kingdom, and internationally. It operates through Packaging, Retail Services and Printing, and Media segments. The Packaging sector engages in the extrusion, lamination, printing, and converting packaging solutions; and manufacturing and recycling flexible plastic, including ro… Read more