Megado Minerals Ltd
Megado Minerals Limited operates as a mineral exploration company in Australia, the United States, Canada, and Ethiopia. It primary explores for rare earth elements and lithium. Megado Minerals Limited was formerly known as Megado Gold Limited and changed its name to Megado Minerals Limited in July 2022. The company was incorporated in 2019 and is headquartered in Perth, Australia.
Megado Minerals Ltd (MEG) - Net Assets
Latest net assets as of June 2025: AU$9.60 Million AUD
Based on the latest financial reports, Megado Minerals Ltd (MEG) has net assets worth AU$9.60 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$9.69 Million) and total liabilities (AU$89.41K). 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$9.60 Million |
| % of Total Assets | 99.08% |
| Annual Growth Rate | 129.17% |
| 5-Year Change | -22.19% |
| 10-Year Change | N/A |
| Growth Volatility | 3213.63 |
Megado Minerals Ltd - Net Assets Trend (2019–2024)
This chart illustrates how Megado 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 Megado Minerals Ltd (2019–2024)
The table below shows the annual net assets of Megado Minerals Ltd from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | AU$6.71 Million | -25.08% |
| 2023-12-31 | AU$8.95 Million | +91.66% |
| 2022-12-31 | AU$4.67 Million | -34.83% |
| 2021-12-31 | AU$7.17 Million | -16.85% |
| 2020-12-31 | AU$8.62 Million | +8036.98% |
| 2019-12-31 | AU$105.93K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Megado 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 1551035800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$21.55 Million | 321.32% |
| Other Comprehensive Income | AU$2.06 Million | 30.67% |
| Total Equity | AU$6.71 Million | 100.00% |
Megado Minerals Ltd Competitors by Market Cap
The table below lists competitors of Megado Minerals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tintra PLC
PINK:TNTAF
|
$5.70 Million |
|
ALPINA HOLDINGS
F:B0M
|
$5.70 Million |
|
LOCKHEED MARTIN - Dusseldorf Stock Exchang
DU:LOM
|
$5.70 Million |
|
U10 SA
PA:ALU10
|
$5.70 Million |
|
Spineguard
PA:ALSGD
|
$5.70 Million |
|
Feelux Co. Ltd.
KO:033180
|
$5.70 Million |
|
Admiralty Resources NL
AU:ADY
|
$5.70 Million |
|
Yen Bai Industry Mineral JSC
VN:YBM
|
$5.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Megado Minerals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 8,952,165 to 6,706,772, a change of -2,245,393 (-25.1%).
- Net loss of 4,140,886 reduced equity.
- Share repurchases of 58,258 reduced equity.
- New share issuances of 1,982,732 increased equity.
- Other comprehensive income decreased equity by 6,685.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-4.14 Million | -61.74% |
| Share Repurchases | AU$58.26K | -0.87% |
| Share Issuances | AU$1.98 Million | +29.56% |
| Other Comprehensive Income | AU$-6.68K | -0.1% |
| Other Changes | AU$-22.30K | -0.33% |
| Total Change | AU$- | -25.08% |
Book Value vs Market Value Analysis
This analysis compares Megado 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: 0.83x
- 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 14.88x to 0.83x 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 | AU$0.00 | AU$0.02 | x |
| 2020-12-31 | AU$0.11 | AU$0.02 | x |
| 2021-12-31 | AU$0.09 | AU$0.02 | x |
| 2022-12-31 | AU$0.04 | AU$0.02 | x |
| 2023-12-31 | AU$0.04 | AU$0.02 | x |
| 2024-12-31 | AU$0.03 | AU$0.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Megado Minerals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -61.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.02x
- Recent ROE (-61.74%) is above the historical average (-264.28%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -1312.15% | 0.00% | 0.00x | 5.23x | AU$-1.40 Million |
| 2020 | -15.09% | 0.00% | 0.00x | 1.11x | AU$-2.02 Million |
| 2021 | -15.23% | 0.00% | 0.00x | 1.09x | AU$-1.70 Million |
| 2022 | -166.18% | 0.00% | 0.00x | 1.05x | AU$-8.23 Million |
| 2023 | -15.25% | 0.00% | 0.00x | 1.01x | AU$-2.26 Million |
| 2024 | -61.74% | 0.00% | 0.00x | 1.02x | AU$-4.81 Million |
Industry Comparison
This section compares Megado Minerals Ltd's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $2,995,611
- Average return on equity (ROE) among peers: -21.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Megado Minerals Ltd (MEG) | AU$9.60 Million | -1312.15% | 0.01x | $5.70 Million |
| EXULTANT FPO [10X] (10X) | $5.63 Million | -1.35% | 0.01x | $1.10K |
| Morella Corporation Ltd (1MC) | $5.43 Million | -6.71% | 0.57x | $2.93 Million |
| 6K Additive Inc (6KA) | $-21.36 Million | 0.00% | 0.00x | $24.91 Million |
| Atlantic Lithium Ltd (A11) | $789.39K | -143.95% | 0.47x | $71.83 Million |
| African Gold Ltd (A1G) | $6.42 Million | -11.14% | 0.01x | $170.41 Million |
| Albright Metals Ltd (ABR) | $5.61 Million | 0.47% | 0.11x | $1.11 Million |
| Audalia Resources Ltd (ACP) | $2.12 Million | -18.55% | 0.04x | $893.85K |
| Accent Resources NL (ACS) | $4.38 Million | -14.12% | 0.03x | $211.71K |
| Acdc Metals Ltd (ADC) | $10.13 Million | -6.86% | 0.04x | $1.02 Million |
| Admiralty Resources NL (ADY) | $10.81 Million | -14.31% | 1.16x | $5.70 Million |