Mastermyne Group Ltd
Mastermyne Group Limited provides mine operation, contracting, training, and related services in the mining and supporting industries in Australia. It offers various contracting services, which include mine development and support services, such as roadway construction, ventilation, conveyors, longwall relocations, application of polymeric strata support, chemical application, cavity fill, strata… Read more
Mastermyne Group Ltd (MYE) - Net Assets
Latest net assets as of December 2025: AU$75.85 Million AUD
Based on the latest financial reports, Mastermyne Group Ltd (MYE) has net assets worth AU$75.85 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$113.78 Million) and total liabilities (AU$37.93 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$75.85 Million |
| % of Total Assets | 66.66% |
| Annual Growth Rate | 15.04% |
| 5-Year Change | -1.61% |
| 10-Year Change | 66.49% |
| Growth Volatility | 113.08 |
Mastermyne Group Ltd - Net Assets Trend (2006–2025)
This chart illustrates how Mastermyne Group 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 Mastermyne Group Ltd (2006–2025)
The table below shows the annual net assets of Mastermyne Group Ltd from 2006 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$73.97 Million | +0.54% |
| 2024-06-30 | AU$73.58 Million | +124.63% |
| 2023-06-30 | AU$32.76 Million | -60.62% |
| 2022-06-30 | AU$83.19 Million | +10.65% |
| 2021-06-30 | AU$75.18 Million | +1.72% |
| 2020-06-30 | AU$73.91 Million | +14.87% |
| 2019-06-30 | AU$64.34 Million | +19.69% |
| 2018-06-30 | AU$53.76 Million | +27.00% |
| 2017-06-30 | AU$42.33 Million | -4.74% |
| 2016-06-30 | AU$44.43 Million | -24.05% |
| 2015-06-30 | AU$58.50 Million | -3.56% |
| 2014-06-30 | AU$60.66 Million | -0.38% |
| 2013-06-30 | AU$60.90 Million | +11.26% |
| 2012-06-30 | AU$54.73 Million | +27.80% |
| 2011-06-30 | AU$42.83 Million | +29.47% |
| 2010-06-30 | AU$33.08 Million | +12.79% |
| 2009-06-30 | AU$29.33 Million | +468.46% |
| 2006-06-30 | AU$5.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mastermyne Group 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 1209.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$111.79 Million | 151.12% |
| Other Comprehensive Income | AU$16.37 Million | 22.13% |
| Total Equity | AU$73.97 Million | 100.00% |
Mastermyne Group Ltd Competitors by Market Cap
The table below lists competitors of Mastermyne Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JAS Asset PCL
BK:J
|
$6.43 Million |
|
Ambase Corp
PINK:ABCP
|
$6.43 Million |
|
Farm Pride Foods Ltd
AU:FRM
|
$6.43 Million |
|
SSDL
NSE:SSDL
|
$6.43 Million |
|
Locality Planning Energy Holdings Ltd
AU:LPE
|
$6.43 Million |
|
KPN Property Fund
BK:KPNPF
|
$6.42 Million |
|
Cytta Corp
OTCQB:CYCA
|
$6.42 Million |
|
Synergy CHC Corp. Common Stock
NASDAQ:SNYR
|
$6.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mastermyne Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 73,577,000 to 73,975,000, a change of 398,000 (0.5%).
- Net income of 1,714,000 contributed positively to equity growth.
- Dividend payments of 1,546,000 reduced retained earnings.
- Share repurchases of 591,000 reduced equity.
- Other comprehensive income increased equity by 40,250,000.
- Other factors decreased equity by 39,429,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$1.71 Million | +2.32% |
| Dividends Paid | AU$1.55 Million | -2.09% |
| Share Repurchases | AU$591.00K | -0.8% |
| Other Comprehensive Income | AU$40.25 Million | +54.41% |
| Other Changes | AU$-39.43 Million | -53.3% |
| Total Change | AU$- | 0.54% |
Book Value vs Market Value Analysis
This analysis compares Mastermyne Group 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: 0.77x
- 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 increased from 0.46x to 0.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-06-30 | AU$0.40 | AU$0.19 | x |
| 2010-06-30 | AU$0.66 | AU$0.19 | x |
| 2011-06-30 | AU$0.59 | AU$0.19 | x |
| 2012-06-30 | AU$0.73 | AU$0.19 | x |
| 2013-06-30 | AU$0.79 | AU$0.19 | x |
| 2014-06-30 | AU$0.80 | AU$0.19 | x |
| 2015-06-30 | AU$0.69 | AU$0.19 | x |
| 2016-06-30 | AU$0.48 | AU$0.19 | x |
| 2017-06-30 | AU$0.46 | AU$0.19 | x |
| 2018-06-30 | AU$0.53 | AU$0.19 | x |
| 2019-06-30 | AU$0.62 | AU$0.19 | x |
| 2020-06-30 | AU$0.69 | AU$0.19 | x |
| 2021-06-30 | AU$0.69 | AU$0.19 | x |
| 2022-06-30 | AU$0.68 | AU$0.19 | x |
| 2023-06-30 | AU$0.22 | AU$0.19 | x |
| 2024-06-30 | AU$0.21 | AU$0.19 | x |
| 2025-06-30 | AU$0.24 | AU$0.19 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mastermyne Group 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): 2.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.80%
- • Asset Turnover: 1.99x
- • Equity Multiplier: 1.45x
- Recent ROE (2.32%) is above the historical average (-5.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 14.44% | 4.87% | 1.56x | 1.90x | AU$1.47 Million |
| 2011 | 27.42% | 7.11% | 1.82x | 2.11x | AU$7.46 Million |
| 2012 | 26.79% | 5.38% | 2.19x | 2.27x | AU$9.19 Million |
| 2013 | 19.03% | 4.61% | 2.35x | 1.76x | AU$5.46 Million |
| 2014 | 4.92% | 1.72% | 1.78x | 1.61x | AU$-3.06 Million |
| 2015 | -7.54% | -2.51% | 1.71x | 1.75x | AU$-10.18 Million |
| 2016 | -29.88% | -7.80% | 2.35x | 1.63x | AU$-17.56 Million |
| 2017 | -4.78% | -1.62% | 1.85x | 1.60x | AU$-6.22 Million |
| 2018 | 10.18% | 2.85% | 2.30x | 1.55x | AU$95.10K |
| 2019 | 11.25% | 3.19% | 2.45x | 1.44x | AU$801.90K |
| 2020 | 15.75% | 3.95% | 2.05x | 1.95x | AU$4.22 Million |
| 2021 | 7.80% | 2.52% | 1.74x | 1.78x | AU$-1.65 Million |
| 2022 | -15.09% | -2.77% | 1.51x | 3.60x | AU$-20.87 Million |
| 2023 | -225.95% | -14.39% | 2.27x | 6.93x | AU$-77.29 Million |
| 2024 | 53.88% | 13.47% | 2.50x | 1.60x | AU$32.29 Million |
| 2025 | 2.32% | 0.80% | 1.99x | 1.45x | AU$-5.68 Million |
Industry Comparison
This section compares Mastermyne Group 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 |
|---|---|---|---|---|
| Mastermyne Group Ltd (MYE) | AU$75.85 Million | 14.44% | 0.50x | $6.43 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 |