Victory Metals Ltd (VTM) - Net Assets

Latest as of June 2025: AU$16.12 Million AUD ≈ $11.41 Million USD

Based on the latest financial reports, Victory Metals Ltd (VTM) has net assets worth AU$16.12 Million AUD (≈ $11.41 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$17.40 Million ≈ $12.31 Million USD) and total liabilities (AU$1.28 Million ≈ $904.91K 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 VTM financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$16.12 Million
% of Total Assets	92.65%
Annual Growth Rate	-9.63%
5-Year Change	N/A
10-Year Change	-78.53%
Growth Volatility	111.06

Victory Metals Ltd - Net Assets Trend (2012–2024)

This chart illustrates how Victory Metals Ltd's net assets have evolved over time, based on quarterly financial data. Also explore Victory Metals Ltd total assets for the complete picture of this company's asset base.

Annual Net Assets for Victory Metals Ltd (2012–2024)

The table below shows the annual net assets of Victory Metals Ltd from 2012 to 2024. For live valuation and market cap data, see VTM company net worth.

Year	Net Assets	Change
2024-12-31	AU$16.12 Million ≈ $11.41 Million	+53.76%
2023-12-31	AU$10.49 Million ≈ $7.42 Million	+26.76%
2022-12-31	AU$8.27 Million ≈ $5.85 Million	+142.65%
2021-12-31	AU$3.41 Million ≈ $2.41 Million	+1196.10%
2020-12-31	AU$-311.01K ≈ $-220.06K	-570.41%
2019-12-31	AU$-46.39K ≈ $-32.82K	-263.45%
2018-12-31	AU$28.38K ≈ $20.08K	-76.87%
2017-12-31	AU$122.72K ≈ $86.83K	+100.62%
2016-12-31	AU$-19.84 Million ≈ $-14.04 Million	-126.42%
2015-12-31	AU$75.08 Million ≈ $53.13 Million	+0.62%
2014-12-31	AU$74.62 Million ≈ $52.80 Million	+15.62%
2013-12-31	AU$64.54 Million ≈ $45.67 Million	+18.73%
2012-12-31	AU$54.36 Million ≈ $38.46 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Victory Metals 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 147.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	AU$26.88 Million	166.71%
Other Comprehensive Income	AU$185.87K	1.15%
Total Equity	AU$16.12 Million	100.00%

Victory Metals Ltd Competitors by Market Cap

The table below lists competitors of Victory Metals Ltd ranked by their market capitalization.

Company	Market Cap
Keynote Financial Services Limited NSE:KEYFINSERV	$17.51 Million
VL E-Governance & IT Solutions Limited NSE:VLEGOV	$17.51 Million
N.D. Rubber Public Company Limited BK:NDR	$17.52 Million
DAVIDsTEA Inc F:DAT	$17.53 Million
SUNEX S.A. WAR:SNX	$17.48 Million
MMAG Holdings Bhd KLSE:0034	$17.48 Million
Bright Scholar Education Holdings Ltd Class A NYSE:BEDU	$17.48 Million
Dadi Early-Childhood Education Group Ltd TWO:8437	$17.48 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 10,485,700 to 16,122,710, a change of 5,637,010 (53.8%).
Net loss of 3,700,431 reduced equity.
Share repurchases of 7,723,190 reduced equity.
Other comprehensive income decreased equity by 1,111,040.
Other factors increased equity by 18,171,671.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	AU$-3.70 Million	-22.95%
Share Repurchases	AU$7.72 Million	-47.9%
Other Comprehensive Income	AU$-1.11 Million	-6.89%
Other Changes	AU$18.17 Million	+112.71%
Total Change	AU$-	53.76%

Book Value vs Market Value Analysis

This analysis compares Victory Metals 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: 10.28x
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 0.11x to 10.28x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	AU$14.25	AU$1.58	x
2013-12-31	AU$10.88	AU$1.58	x
2014-12-31	AU$12.24	AU$1.58	x
2015-12-31	AU$12.44	AU$1.58	x
2016-12-31	AU$-3.33	AU$1.58	x
2017-12-31	AU$0.01	AU$1.58	x
2018-12-31	AU$0.00	AU$1.58	x
2019-12-31	AU$0.00	AU$1.58	x
2020-12-31	AU$-0.01	AU$1.58	x
2021-12-31	AU$0.08	AU$1.58	x
2022-12-31	AU$0.14	AU$1.58	x
2023-12-31	AU$0.13	AU$1.58	x
2024-12-31	AU$0.15	AU$1.58	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Victory Metals 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): -22.95%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -2635.95%
• Asset Turnover: 0.01x
• Equity Multiplier: 1.08x
Recent ROE (-22.95%) is below the historical average (1171.71%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	19.16%	20.84%	0.55x	1.68x	AU$4.96 Million
2013	2.15%	1.52%	0.68x	2.06x	AU$-5.04 Million
2014	10.84%	7.46%	0.68x	2.15x	AU$623.30K
2015	-0.33%	-0.33%	0.45x	2.29x	AU$-7.66 Million
2016	0.00%	0.00%	0.00x	0.00x	AU$-75.64 Million
2017	15705.70%	0.00%	0.00x	1.53x	AU$19.26 Million
2018	-332.38%	0.00%	0.00x	2.66x	AU$-97.18K
2019	0.00%	0.00%	0.00x	0.00x	AU$-70.13K
2020	0.00%	0.00%	0.00x	0.00x	AU$-240.88K
2021	-116.49%	0.00%	0.00x	1.26x	AU$-4.31 Million
2022	-15.24%	-6321.45%	0.00x	1.06x	AU$-2.09 Million
2023	-18.21%	-3348.65%	0.01x	1.05x	AU$-2.96 Million
2024	-22.95%	-2635.95%	0.01x	1.08x	AU$-5.31 Million

Industry Comparison

This section compares Victory Metals Ltd's net assets metrics with peer companies in the same industry.

Industry Context

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Victory Metals Ltd (VTM)	AU$16.12 Million	19.16%	0.08x	$17.50 Million
Ordinary Fully Paid Deferred Settlement (88EDA)	$131.68 Million	-53.71%	0.01x	$18.83 Million
Ordinary Fully Paid Deferred Settlement (BCNDA)	$62.29 Million	8.39%	0.41x	$14.69K
PATRYS Ltd (PAB)	$732.87K	-411.16%	1.37x	$6.99 Million
Perpetual Credit Income Trust (PCI)	$445.48 Million	7.78%	0.02x	$314.92 Million
Regal Investment Fund (RF1)	$342.96 Million	50.99%	1.48x	$484.25 Million
Regal Partners Global Investments Limited (RG1)	$643.12 Million	9.97%	0.34x	$15.74K
Rivco Australia Ltd (RIV)	$192.59 Million	3.29%	0.69x	$9.79K
Touch Ventures Ltd (TVL)	$216.00K	-1676.39%	8.01x	$35.33 Million
Vgi Partners Global Investments Ltd (VG1)	$983.93 Million	15.64%	0.70x	$716.93 Million

About Victory Metals Ltd

AU:VTM Australia

Market Cap

$91.00 Million

AU$128.61 Million AUD

Market Cap Rank

#25422 Global

#1143 in Australia

Share Price

AU$1.58

Change (1 day)

-5.95%

52-Week Range

AU$0.62 - AU$1.88

All Time High

AU$1.88