Pivotree Inc (PVT) - Net Assets
Based on the latest financial reports, Pivotree Inc (PVT) has net assets worth CA$51.96 Million CAD (≈ $37.59 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$55.67 Million ≈ $40.27 Million USD) and total liabilities (CA$3.71 Million ≈ $2.69 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 PVT PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$51.96 Million |
| % of Total Assets | 93.33% |
| Annual Growth Rate | 22.7% |
| 5-Year Change | -24.56% |
| 10-Year Change | N/A |
| Growth Volatility | 156.3 |
Pivotree Inc - Net Assets Trend (2019–2025)
This chart illustrates how Pivotree Inc's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Pivotree Inc stock valuation.
Annual Net Assets for Pivotree Inc (2019–2025)
The table below shows the annual net assets of Pivotree Inc from 2019 to 2025. Also explore Pivotree Inc equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | CA$51.21 Million ≈ $37.04 Million |
+6.69% |
| 2024-12-31 | CA$47.99 Million ≈ $34.72 Million |
-16.52% |
| 2023-12-31 | CA$57.49 Million ≈ $41.59 Million |
-12.19% |
| 2022-12-31 | CA$65.47 Million ≈ $47.36 Million |
-3.54% |
| 2021-12-31 | CA$67.88 Million ≈ $49.10 Million |
-11.53% |
| 2020-12-31 | CA$76.73 Million ≈ $55.50 Million |
+411.50% |
| 2019-12-31 | CA$15.00 Million ≈ $10.85 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Pivotree 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 4131726500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$100.92 Million | 197.09% |
| Total Equity | CA$51.21 Million | 100.00% |
Pivotree Inc Competitors by Market Cap
The table below lists competitors of Pivotree Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hansol Homedec
KO:025750
|
$20.83 Million |
|
Semacom Integrated Tbk PT
JK:SEMA
|
$20.84 Million |
|
Trimegah Karya Pratama Tbk PT
JK:UVCR
|
$20.86 Million |
|
Retractable Technologies Inc
NYSE MKT:RVP
|
$20.86 Million |
|
AGMO
KLSE:0258
|
$20.81 Million |
|
Prefab Bucures
RO:PREH
|
$20.80 Million |
|
Dynamic Metals Ltd
AU:DYM
|
$20.79 Million |
|
Eason & Co Public Company Limited
BK:EASON
|
$20.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pivotree Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 47,994,394 to 51,205,540, a change of 3,211,146 (6.7%).
- Net income of 4,238,620 contributed positively to equity growth.
- Share repurchases of 289,562 reduced equity.
- Other factors decreased equity by 737,912.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$4.24 Million | +8.28% |
| Share Repurchases | CA$289.56K | -0.57% |
| Other Changes | CA$-737.91K | -1.44% |
| Total Change | CA$- | 6.69% |
Book Value vs Market Value Analysis
This analysis compares Pivotree 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: 0.57x
- 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 1.73x to 0.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | CA$0.63 | CA$1.10 | x |
| 2020-12-31 | CA$3.11 | CA$1.10 | x |
| 2021-12-31 | CA$2.73 | CA$1.10 | x |
| 2022-12-31 | CA$2.50 | CA$1.10 | x |
| 2023-12-31 | CA$2.16 | CA$1.10 | x |
| 2024-12-31 | CA$1.82 | CA$1.10 | x |
| 2025-12-31 | CA$1.94 | CA$1.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pivotree Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.28%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.34%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 1.09x
- Recent ROE (8.28%) is above the historical average (-12.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -19.33% | -4.86% | 1.35x | 2.94x | CA$-4.40 Million |
| 2020 | -7.51% | -9.05% | 0.72x | 1.16x | CA$-13.43 Million |
| 2021 | -17.08% | -17.16% | 0.72x | 1.39x | CA$-18.38 Million |
| 2022 | -13.88% | -8.94% | 1.21x | 1.28x | CA$-15.63 Million |
| 2023 | -12.58% | -8.05% | 1.40x | 1.11x | CA$-12.98 Million |
| 2024 | -24.77% | -15.19% | 1.42x | 1.15x | CA$-16.69 Million |
| 2025 | 8.28% | 6.34% | 1.19x | 1.09x | CA$-881.93K |
Industry Comparison
This section compares Pivotree Inc's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $19,360,918
- Average return on equity (ROE) among peers: -320.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pivotree Inc (PVT) | CA$51.96 Million | -19.33% | 0.07x | $20.83 Million |
| Alithya Group inc Class A (ALYA) | $108.01 Million | -16.05% | 1.25x | $68.58 Million |
| Banxa Holdings Inc (BNXA) | $18.93 Million | -30.78% | 0.31x | $50.95 Million |
| Datametrex AI Ltd (DM) | $194.26K | -18.42% | 0.04x | $4.97 Million |
| Deveron UAS Corp (FARM) | $319.27K | 0.00% | 0.11x | $6.01 Million |
| CGI Inc (GIB-A) | $13.80 Million | 2.90% | 1.46x | $12.84 Billion |
| Kontrol Energy Corp (KNR) | $1.66 Million | -161.63% | 9.65x | $2.53 Million |
| Mobi724 Global Solutions Inc (MOS) | $-12.36 Million | 0.00% | 0.00x | $2.40 Million |
| Goldspot Discoveries Corp (SPOT) | $43.66 Million | -38.07% | 0.13x | $31.64 Million |
| Visionstate Corp (VIS) | $20.96K | -2623.14% | 19.23x | $2.80 Million |
About Pivotree Inc
Pivotree Inc. designs, integrates, deploys, and manages digital platforms in commerce, data management, and supply chain for retail and branded manufacturers worldwide. The company provides infrastructure deployment, data transaction, subscription license, system and application triage and support, configuration management, and security services, as well as provides web and application hosting se… Read more