Parkit Enterprise Inc (PKT) - Net Assets
Based on the latest financial reports, Parkit Enterprise Inc (PKT) has net assets worth CA$158.10 Million CAD (≈ $114.37 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$311.35 Million ≈ $225.23 Million USD) and total liabilities (CA$153.26 Million ≈ $110.86 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. Also explore PKT total asset value for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$158.10 Million |
| % of Total Assets | 50.78% |
| Annual Growth Rate | 30.94% |
| 5-Year Change | 327.0% |
| 10-Year Change | 777.75% |
| Growth Volatility | 527.0 |
Parkit Enterprise Inc - Net Assets Trend (2008–2024)
This chart illustrates how Parkit Enterprise Inc's net assets have evolved over time, based on quarterly financial data. Check Parkit Enterprise Inc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Parkit Enterprise Inc (2008–2024)
The table below shows the annual net assets of Parkit Enterprise Inc from 2008 to 2024. For live valuation and market cap data, see PKT company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$143.82 Million ≈ $104.04 Million |
-3.60% |
| 2023-12-31 | CA$149.19 Million ≈ $107.92 Million |
-5.67% |
| 2022-12-31 | CA$158.15 Million ≈ $114.41 Million |
-0.11% |
| 2021-12-31 | CA$158.33 Million ≈ $114.53 Million |
+370.07% |
| 2020-12-31 | CA$33.68 Million ≈ $24.36 Million |
+63.34% |
| 2019-12-31 | CA$20.62 Million ≈ $14.92 Million |
-1.14% |
| 2018-12-31 | CA$20.86 Million ≈ $15.09 Million |
+19.98% |
| 2017-12-31 | CA$17.38 Million ≈ $12.58 Million |
+3.76% |
| 2016-12-31 | CA$16.76 Million ≈ $12.12 Million |
+2.26% |
| 2015-12-31 | CA$16.38 Million ≈ $11.85 Million |
+1967.83% |
| 2014-12-31 | CA$792.37K ≈ $573.19K |
+131.65% |
| 2013-12-31 | CA$-2.50 Million ≈ $-1.81 Million |
-131.99% |
| 2012-12-31 | CA$-1.08 Million ≈ $-780.72K |
-68.54% |
| 2011-12-31 | CA$-640.35K ≈ $-463.22K |
-123.14% |
| 2010-12-31 | CA$2.77 Million ≈ $2.00 Million |
-6.43% |
| 2009-12-31 | CA$2.96 Million ≈ $2.14 Million |
+53.52% |
| 2008-12-31 | CA$1.93 Million ≈ $1.39 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Parkit Enterprise 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 2258413700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$169.80 Million | 118.06% |
| Total Equity | CA$143.82 Million | 100.00% |
Parkit Enterprise Inc Competitors by Market Cap
The table below lists competitors of Parkit Enterprise Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Informa PLC
LSE:INF
|
$133.72 Million |
|
Corbus Pharmaceuticals Holding
NASDAQ:CRBP
|
$133.75 Million |
|
AB VILKUSKIU PIEN.EO 029
F:UDW
|
$133.76 Million |
|
Cavotec SA
ST:CCC
|
$133.77 Million |
|
Kao Fong Machinery Co Ltd
TWO:4510
|
$133.71 Million |
|
Soc Centrale Bois Scieries Manche SA
PA:CBSM
|
$133.68 Million |
|
Tigo Energy Inc.
NASDAQ:TYGO
|
$133.60 Million |
|
BYC Co. Ltd
KO:001460
|
$133.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Parkit Enterprise Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 149,187,430 to 143,819,035, a change of -5,368,395 (-3.6%).
- Net loss of 2,806,467 reduced equity.
- Share repurchases of 2,766,054 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.81 Million | -1.95% |
| Share Repurchases | CA$2.77 Million | -1.92% |
| Other Changes | CA$204.13K | +0.14% |
| Total Change | CA$- | -3.60% |
Book Value vs Market Value Analysis
This analysis compares Parkit Enterprise 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: 13.98x
- 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 increased from 6.52x to 13.98x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | CA$1.38 | CA$9.00 | x |
| 2009-12-31 | CA$1.38 | CA$9.00 | x |
| 2010-12-31 | CA$0.22 | CA$9.00 | x |
| 2011-12-31 | CA$-0.48 | CA$9.00 | x |
| 2012-12-31 | CA$-0.41 | CA$9.00 | x |
| 2013-12-31 | CA$-0.32 | CA$9.00 | x |
| 2014-12-31 | CA$0.03 | CA$9.00 | x |
| 2015-12-31 | CA$0.52 | CA$9.00 | x |
| 2016-12-31 | CA$0.51 | CA$9.00 | x |
| 2017-12-31 | CA$0.53 | CA$9.00 | x |
| 2018-12-31 | CA$0.64 | CA$9.00 | x |
| 2019-12-31 | CA$0.60 | CA$9.00 | x |
| 2020-12-31 | CA$0.97 | CA$9.00 | x |
| 2021-12-31 | CA$0.73 | CA$9.00 | x |
| 2022-12-31 | CA$0.67 | CA$9.00 | x |
| 2023-12-31 | CA$0.65 | CA$9.00 | x |
| 2024-12-31 | CA$0.64 | CA$9.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Parkit Enterprise Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -1.95%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.39%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.30x
- Recent ROE (-1.95%) is above the historical average (-79.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -143.80% | -1970.66% | 0.07x | 1.06x | CA$-2.96 Million |
| 2009 | -52.15% | -440.91% | 0.11x | 1.10x | CA$-1.84 Million |
| 2010 | -1040.77% | 0.00% | 0.00x | 32.84x | CA$-6.43 Million |
| 2011 | 0.00% | -254.55% | 0.16x | 0.00x | CA$-7.92 Million |
| 2012 | 0.00% | -54.83% | 0.36x | 0.00x | CA$-3.20 Million |
| 2013 | 0.00% | -40.66% | 0.42x | 0.00x | CA$-2.73 Million |
| 2014 | -199.17% | -19.09% | 0.41x | 25.61x | CA$-1.97 Million |
| 2015 | 91.60% | 269.59% | 0.33x | 1.04x | CA$13.37 Million |
| 2016 | 3.68% | 25.80% | 0.14x | 1.02x | CA$-1.06 Million |
| 2017 | 2.63% | 200.69% | 0.01x | 1.00x | CA$-1.28 Million |
| 2018 | 16.53% | 1367.04% | 0.01x | 1.10x | CA$1.36 Million |
| 2019 | -4.26% | -407.13% | 0.01x | 1.00x | CA$-2.94 Million |
| 2020 | -15.82% | -3665.32% | 0.00x | 1.79x | CA$-8.70 Million |
| 2021 | -2.52% | -69.02% | 0.03x | 1.12x | CA$-19.82 Million |
| 2022 | -2.20% | -31.43% | 0.05x | 1.52x | CA$-19.29 Million |
| 2023 | -3.41% | -21.89% | 0.07x | 2.18x | CA$-20.01 Million |
| 2024 | -1.95% | -9.39% | 0.09x | 2.30x | CA$-17.19 Million |
Industry Comparison
This section compares Parkit Enterprise Inc's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $142,179,433
- Average return on equity (ROE) among peers: 1.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Parkit Enterprise Inc (PKT) | CA$158.10 Million | -143.80% | 0.97x | $133.72 Million |
| Altus Group Limited (AIF) | $98.61 Million | -6.96% | 0.45x | $1.17 Billion |
| Bridgemarq Real Estate Services Inc (BRE) | $-7.49 Million | 0.00% | 0.00x | $37.32 Million |
| Colliers International Group Inc Bats (CIGI) | $111.29 Million | 15.65% | 2.22x | $4.97 Billion |
| FirstService Corp (FSV) | $330.20 Million | -13.58% | 2.06x | $6.69 Billion |
| Gulf & Pacific Equities Corp (GUF) | $14.49 Million | 2.53% | 1.82x | $8.52 Million |
| Halmont Properties Corporation (HMT) | $146.32 Million | 4.96% | 0.82x | $63.76 Million |
| Imperial Equities Inc. (IEI) | $92.26 Million | 1.53% | 1.57x | $30.77 Million |
| Invesque Inc (IVQ) | $231.65 Million | -18.14% | 3.74x | $796.01 |
| Mainstreet Equity Corp. (MEQ) | $5.30 Million | 13.02% | 20.63x | $1.18 Billion |
| Madison Pacific Properties Inc. (MPC) | $399.15 Million | 12.60% | 0.86x | $25.27 Million |
About Parkit Enterprise Inc
Parkit Enterprise is an industrial real estate platform focused on the acquisition, growth and management of strategically located industrial properties across key urban markets in Canada. The firm has parking assets across various markets in the United States of America. The firm seeks to invest in the United States. Parkit Enterprise Inc. was incorporated in 2006 and is headquartered in Vancouv… Read more