Mitchell Services Ltd

AU:MSV Australia Other Industrial Metals & Mining
Market Cap
$60.37 Million
AU$97.50 Million AUD
Market Cap Rank
#22547 Global
#426 in Australia
Share Price
AU$0.46
Change (1 day)
+1.10%
52-Week Range
AU$0.23 - AU$0.59
All Time High
AU$0.59
Categories
Companies in Australia Other Industrial Metals & Mining
About

Mitchell Services Limited, together with its subsidiaries, provides exploration, and mine site and geotechnical drilling services to the exploration, mining, and energy industries in Australia. The company provides drilling services, such as greenfield exploration, project feasibility, mine site exploration and resource definition, development, and production, as well as decarbonisation solutions… Read more

Mitchell Services Ltd (MSV) - Net Assets

Latest net assets as of June 2025: AU$61.04 Million AUD

Based on the latest financial reports, Mitchell Services Ltd (MSV) has net assets worth AU$61.04 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$111.27 Million) and total liabilities (AU$50.24 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$61.04 Million
% of Total Assets 54.85%
Annual Growth Rate N/A
5-Year Change 18.26%
10-Year Change 239.62%
Growth Volatility 207.37

Mitchell Services Ltd - Net Assets Trend (2010–2025)

This chart illustrates how Mitchell Services 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 Mitchell Services Ltd (2010–2025)

The table below shows the annual net assets of Mitchell Services Ltd from 2010 to 2025.

Year Net Assets Change
2025-06-30 AU$61.04 Million -7.00%
2024-06-30 AU$65.63 Million -2.19%
2023-06-30 AU$67.10 Million +8.67%
2022-06-30 AU$61.75 Million +19.64%
2021-06-30 AU$51.61 Million -10.18%
2020-06-30 AU$57.46 Million +52.85%
2019-06-30 AU$37.59 Million +78.72%
2018-06-30 AU$21.03 Million +43.63%
2017-06-30 AU$14.64 Million -18.51%
2016-06-30 AU$17.97 Million +17.81%
2015-06-30 AU$15.25 Million +19.07%
2014-06-30 AU$12.81 Million +17.75%
2013-06-30 AU$10.88 Million -14.95%
2012-06-30 AU$12.79 Million +814.39%
2011-06-30 AU$1.40 Million +2739.62%
2010-06-30 AU$-53.00K --

Equity Component Analysis

This analysis shows how different components contribute to Mitchell Services 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 1366558100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Common Stock AU$74.70 Million 122.39%
Total Equity AU$61.04 Million 100.00%

Mitchell Services Ltd Competitors by Market Cap

The table below lists competitors of Mitchell Services Ltd ranked by their market capitalization.

Company Market Cap
Loyalty Founder Enterprise Co Ltd
TWO:5465
 		$37.77 Million
EVO Transportation & Energy Services Inc
PINK:EVOA
 		$37.78 Million
SMC Global Securities Limited
NSE:SMCGLOBAL
 		$37.78 Million
AKITA Drilling Ltd
PINK:AKTAF
 		$37.79 Million
Eyenovia Inc
NASDAQ:EYEN
 		$37.75 Million
Madison Pacific Properties Inc.
TO:MPC
 		$37.75 Million
EXEL INDS S.A. A EO 25
F:8YK
 		$37.74 Million
SinterCast AB
ST:SINT
 		$37.74 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mitchell Services Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 65,629,847 to 61,035,549, a change of -4,594,298 (-7.0%).
  • Net income of 536,874 contributed positively to equity growth.
  • Dividend payments of 4,275,679 reduced retained earnings.
  • Share repurchases of 852,249 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$536.87K +0.88%
Dividends Paid AU$4.28 Million -7.01%
Share Repurchases AU$852.25K -1.4%
Other Changes AU$-3.24K -0.01%
Total Change AU$- -7.00%

Book Value vs Market Value Analysis

This analysis compares Mitchell Services 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: 1.60x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has increased from 0.93x to 1.60x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-06-30 AU$0.50 AU$0.46 x
2013-06-30 AU$0.41 AU$0.46 x
2014-06-30 AU$0.48 AU$0.46 x
2015-06-30 AU$0.20 AU$0.46 x
2016-06-30 AU$0.13 AU$0.46 x
2017-06-30 AU$0.10 AU$0.46 x
2018-06-30 AU$0.13 AU$0.46 x
2019-06-30 AU$0.21 AU$0.46 x
2020-06-30 AU$0.30 AU$0.46 x
2021-06-30 AU$0.25 AU$0.46 x
2022-06-30 AU$0.28 AU$0.46 x
2023-06-30 AU$0.30 AU$0.46 x
2024-06-30 AU$0.30 AU$0.46 x
2025-06-30 AU$0.29 AU$0.46 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mitchell Services 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): 0.88%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.27%
  • • Asset Turnover: 1.77x
  • • Equity Multiplier: 1.82x
  • Recent ROE (0.88%) is above the historical average (-11.84%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 0.53% 0.19% 1.31x 2.16x AU$-1.21 Million
2013 -17.57% -7.38% 1.20x 1.99x AU$-3.00 Million
2014 -35.96% -30.68% 0.57x 2.05x AU$-5.89 Million
2015 -111.44% -67.53% 0.53x 3.11x AU$-18.52 Million
2016 -33.66% -18.35% 0.85x 2.15x AU$-7.85 Million
2017 -30.09% -10.93% 1.01x 2.73x AU$-5.87 Million
2018 -11.12% -3.22% 1.25x 2.77x AU$-4.44 Million
2019 46.20% 14.45% 1.71x 1.87x AU$13.61 Million
2020 12.54% 4.10% 1.24x 2.47x AU$1.46 Million
2021 -11.43% -3.08% 1.51x 2.46x AU$-11.06 Million
2022 0.03% 0.01% 1.49x 2.32x AU$-6.16 Million
2023 11.34% 3.13% 1.81x 2.01x AU$898.57K
2024 13.98% 3.87% 1.86x 1.94x AU$2.61 Million
2025 0.88% 0.27% 1.77x 1.82x AU$-5.57 Million

Industry Comparison

This section compares Mitchell Services 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
Mitchell Services Ltd (MSV) AU$61.04 Million 0.53% 0.82x $37.76 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