Focus Minerals Ltd
Focus Minerals Limited engages in the exploration and development of gold properties in Western Australia. It owns 100% interest in the Coolgardie Gold Project located on the western side of the Archaean Norseman-Wiluna Greenstone belt within the Coolgardie Domain; and the Laverton gold project located in the Yilgarn Craton of Western Australia. The company was incorporated in 1978 and is headqua… Read more
Focus Minerals Ltd (FML) - Net Assets
Latest net assets as of June 2025: AU$317.02 Million AUD
Based on the latest financial reports, Focus Minerals Ltd (FML) has net assets worth AU$317.02 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$372.68 Million) and total liabilities (AU$55.65 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$317.02 Million |
| % of Total Assets | 85.07% |
| Annual Growth Rate | 9.91% |
| 5-Year Change | 19.07% |
| 10-Year Change | -7.89% |
| Growth Volatility | 174.02 |
Focus Minerals Ltd - Net Assets Trend (1998–2024)
This chart illustrates how Focus Minerals Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Focus Minerals Ltd (1998–2024)
The table below shows the annual net assets of Focus Minerals Ltd from 1998 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$95.63 Million | +3.25% |
| 2023-12-31 | AU$92.62 Million | -2.93% |
| 2022-12-31 | AU$95.42 Million | -4.16% |
| 2021-12-31 | AU$99.56 Million | +23.96% |
| 2020-12-31 | AU$80.31 Million | -8.91% |
| 2019-12-31 | AU$88.17 Million | -2.29% |
| 2018-12-31 | AU$90.23 Million | -4.45% |
| 2017-12-31 | AU$94.44 Million | -6.16% |
| 2016-12-31 | AU$100.63 Million | -3.07% |
| 2015-12-31 | AU$103.82 Million | -2.65% |
| 2014-12-31 | AU$106.65 Million | -17.97% |
| 2013-12-31 | AU$130.02 Million | -56.56% |
| 2012-12-31 | AU$299.28 Million | +38.28% |
| 2011-12-31 | AU$216.43 Million | +46.01% |
| 2010-12-31 | AU$148.23 Million | +48.70% |
| 2009-12-31 | AU$99.69 Million | +23.88% |
| 2008-12-31 | AU$80.47 Million | +58.07% |
| 2007-12-31 | AU$50.91 Million | +66.02% |
| 2006-12-31 | AU$30.66 Million | +63.14% |
| 2005-12-31 | AU$18.80 Million | +43.23% |
| 2004-12-31 | AU$13.12 Million | +12.04% |
| 2003-12-31 | AU$11.71 Million | +120.25% |
| 2002-12-31 | AU$5.32 Million | -11.90% |
| 2001-12-31 | AU$6.04 Million | -18.89% |
| 2000-12-31 | AU$7.44 Million | +892.04% |
| 1999-12-31 | AU$750.13K | -90.84% |
| 1998-12-31 | AU$8.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Focus Minerals Ltd'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 35031500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$453.12 Million | 473.84% |
| Other Comprehensive Income | AU$-7.18 Million | -7.51% |
| Total Equity | AU$95.63 Million | 100.00% |
Focus Minerals Ltd Competitors by Market Cap
The table below lists competitors of Focus Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACELYRIN, INC. Common Stock
NASDAQ:SLRN
|
$155.38 Million |
|
Zhejiang Natural Outdoor Goods Inc.
SHG:605080
|
$155.43 Million |
|
Ferro S.A.
WAR:FRO
|
$155.44 Million |
|
WALTER MEIER AG NAM.
F:B4A1
|
$155.45 Million |
|
Xxentria Technology Materials Co Ltd
TWO:8942
|
$155.33 Million |
|
Colombier Acquisition Corp. II
NYSE:CLBR
|
$155.33 Million |
|
Komplett Bank ASA
F:KBN
|
$155.32 Million |
|
Electromed Inc
NYSE MKT:ELMD
|
$155.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Focus Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 92,620,000 to 95,626,000, a change of 3,006,000 (3.2%).
- Net income of 3,006,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$3.01 Million | +3.14% |
| Total Change | AU$- | 3.25% |
Book Value vs Market Value Analysis
This analysis compares Focus Minerals Ltd'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: 8.60x
- 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 0.50x to 8.60x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1998-12-31 | AU$5.75 | AU$2.87 | x |
| 1999-12-31 | AU$1.27 | AU$2.87 | x |
| 2000-12-31 | AU$5.66 | AU$2.87 | x |
| 2001-12-31 | AU$3.89 | AU$2.87 | x |
| 2002-12-31 | AU$2.91 | AU$2.87 | x |
| 2003-12-31 | AU$3.34 | AU$2.87 | x |
| 2004-12-31 | AU$2.82 | AU$2.87 | x |
| 2005-12-31 | AU$2.31 | AU$2.87 | x |
| 2006-12-31 | AU$3.37 | AU$2.87 | x |
| 2007-12-31 | AU$2.94 | AU$2.87 | x |
| 2008-12-31 | AU$2.53 | AU$2.87 | x |
| 2009-12-31 | AU$1.74 | AU$2.87 | x |
| 2010-12-31 | AU$2.42 | AU$2.87 | x |
| 2011-12-31 | AU$2.53 | AU$2.87 | x |
| 2012-12-31 | AU$1.95 | AU$2.87 | x |
| 2013-12-31 | AU$0.71 | AU$2.87 | x |
| 2014-12-31 | AU$0.58 | AU$2.87 | x |
| 2015-12-31 | AU$0.57 | AU$2.87 | x |
| 2016-12-31 | AU$0.55 | AU$2.87 | x |
| 2017-12-31 | AU$0.52 | AU$2.87 | x |
| 2018-12-31 | AU$0.49 | AU$2.87 | x |
| 2019-12-31 | AU$0.48 | AU$2.87 | x |
| 2020-12-31 | AU$0.44 | AU$2.87 | x |
| 2021-12-31 | AU$0.54 | AU$2.87 | x |
| 2022-12-31 | AU$0.33 | AU$2.87 | x |
| 2023-12-31 | AU$0.32 | AU$2.87 | x |
| 2024-12-31 | AU$0.33 | AU$2.87 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Focus Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 3.14%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.61%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 3.38x
- Recent ROE (3.14%) is above the historical average (-20.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -36.88% | -6915.50% | 0.00x | 1.13x | AU$-351.63K |
| 2000 | -8.99% | -156.70% | 0.04x | 1.41x | AU$-1.41 Million |
| 2001 | -20.58% | -693.76% | 0.02x | 1.46x | AU$-1.85 Million |
| 2002 | -107.05% | -50040.30% | 0.00x | 1.38x | AU$-6.22 Million |
| 2004 | -9.25% | -220.74% | 0.03x | 1.29x | AU$-2.53 Million |
| 2005 | -9.69% | -165638.64% | 0.00x | 1.06x | AU$-3.70 Million |
| 2006 | -6.82% | -985.85% | 0.01x | 1.06x | AU$-5.16 Million |
| 2007 | -9.10% | -175.13% | 0.04x | 1.43x | AU$-9.72 Million |
| 2008 | 3.91% | 7.06% | 0.45x | 1.23x | AU$-4.90 Million |
| 2009 | 10.92% | 14.39% | 0.66x | 1.16x | AU$913.52K |
| 2010 | 5.16% | 7.44% | 0.58x | 1.20x | AU$-7.18 Million |
| 2011 | 2.91% | 2.38% | 0.87x | 1.41x | AU$-14.99 Million |
| 2012 | -63.35% | -77.53% | 0.66x | 1.23x | AU$-192.82 Million |
| 2013 | -204.39% | -788.98% | 0.21x | 1.23x | AU$-278.75 Million |
| 2014 | -21.91% | -14791.14% | 0.00x | 1.28x | AU$-34.03 Million |
| 2015 | -2.73% | -62.01% | 0.03x | 1.26x | AU$-13.21 Million |
| 2016 | -3.16% | -133.28% | 0.02x | 1.28x | AU$-13.25 Million |
| 2017 | -6.56% | -319.28% | 0.02x | 1.29x | AU$-15.64 Million |
| 2018 | -4.66% | -300.29% | 0.01x | 1.32x | AU$-13.23 Million |
| 2019 | -2.34% | -47.74% | 0.04x | 1.32x | AU$-10.88 Million |
| 2020 | -9.78% | -1814.78% | 0.00x | 1.62x | AU$-15.89 Million |
| 2021 | -6.74% | -6915.46% | 0.00x | 1.52x | AU$-16.66 Million |
| 2022 | -4.34% | -25.01% | 0.09x | 1.83x | AU$-13.68 Million |
| 2023 | -3.02% | -8.46% | 0.13x | 2.66x | AU$-12.06 Million |
| 2024 | 3.14% | 2.61% | 0.36x | 3.38x | AU$-6.56 Million |
Industry Comparison
This section compares Focus Minerals Ltd's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $23,959,302
- Average return on equity (ROE) among peers: -1270.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Focus Minerals Ltd (FML) | AU$317.02 Million | -36.88% | 0.18x | $155.37 Million |
| Australasian Metals Ltd (A8G) | $5.85 Million | -16.53% | 0.05x | $1.25 Million |
| Ariana Resources Plc (AA2) | $21.37 Million | -1.02% | 0.03x | $43.13 Million |
| Aruma Resources Ltd (AAJ) | $1.10 Million | -25.68% | 0.39x | $2.13 Million |
| Astral Resources NL (AAR) | $4.81K | -12574.39% | 0.18x | $138.29 Million |
| Adelong Gold Ltd (ADG) | $911.18K | -70.31% | 0.11x | $6.07 Million |
| Ardiden Ltd (ADV) | $5.54 Million | -12.67% | 0.11x | $10.37 Million |
| Ark Mines Ltd (AHK) | $-7.71 Million | 0.00% | 0.00x | $8.35 Million |
| Aureka Ltd (AKA) | $28.36 Million | 9.46% | 0.19x | $6.23 Million |
| Alkane Resources Ltd (ALK) | $174.22 Million | -3.54% | 0.15x | $203.33 Million |
| Alchemy Resources Ltd (ALY) | $9.94 Million | -8.10% | 0.02x | $4.22 Million |