Waratah Minerals Ltd

AU:WTM Australia Other Industrial Metals & Mining
Market Cap
$116.81 Million
AU$188.65 Million AUD
Market Cap Rank
#20069 Global
#337 in Australia
Share Price
AU$0.61
Change (1 day)
+3.39%
52-Week Range
AU$0.15 - AU$0.83
All Time High
AU$3.90
Categories
Companies in Australia Other Industrial Metals & Mining
About

Waratah Minerals Limited operates as a diversified minerals exploration company. It explores for copper, gold, and nickel deposits. The company holds a 100% interest in the Spur Project, consisting of EL5238 located in central western New South Wales; Stavely-Stawell Project comprising a single exploration license, EL6871 located in western Victoria, Australia; and the Azura Project that consists… Read more

Waratah Minerals Ltd (WTM) - Net Assets

Latest net assets as of June 2025: AU$12.85 Million AUD

Based on the latest financial reports, Waratah Minerals Ltd (WTM) has net assets worth AU$12.85 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$13.96 Million) and total liabilities (AU$1.11 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$12.85 Million
% of Total Assets 92.07%
Annual Growth Rate 0.06%
5-Year Change -52.42%
10-Year Change 17.71%
Growth Volatility 65.4

Waratah Minerals Ltd - Net Assets Trend (2013–2024)

This chart illustrates how Waratah 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 Waratah Minerals Ltd (2013–2024)

The table below shows the annual net assets of Waratah Minerals Ltd from 2013 to 2024.

Year Net Assets Change
2024-12-31 AU$9.89 Million -58.93%
2023-12-31 AU$24.08 Million +4.41%
2022-12-31 AU$23.07 Million +22.72%
2021-12-31 AU$18.80 Million -9.59%
2020-12-31 AU$20.79 Million +90.65%
2019-12-31 AU$10.90 Million -75.57%
2018-12-31 AU$44.64 Million +150.16%
2017-12-31 AU$17.85 Million +18.12%
2016-12-31 AU$15.11 Million +79.79%
2015-12-31 AU$8.40 Million -43.64%
2014-12-31 AU$14.91 Million +51.68%
2013-12-31 AU$9.83 Million --

Equity Component Analysis

This analysis shows how different components contribute to Waratah 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 11010563200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock AU$114.91 Million 1161.75%
Other Comprehensive Income AU$7.32 Million 73.95%
Total Equity AU$9.89 Million 100.00%

Waratah Minerals Ltd Competitors by Market Cap

The table below lists competitors of Waratah Minerals Ltd ranked by their market capitalization.

Company Market Cap
Critical Elements Corporation
OTCQX:CRECF
 		$64.40 Million
Stove Kraft Limited
NSE:STOVEKRAFT
 		$64.40 Million
Bertrandt Aktiengesellschaft
XETRA:BDT
 		$64.43 Million
ORDERYOYO A/S DK -01
F:7AF
 		$64.43 Million
Skardin Industrial
TWO:3466
 		$64.38 Million
Life Settlement Assets PLC
LSE:LSAA
 		$64.37 Million
Dallasnews Corp
NASDAQ:DALN
 		$64.35 Million
Tycoons Group Enterprise Co Ltd
TW:2022
 		$64.34 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 24,082,577 to 9,891,261, a change of -14,191,316 (-58.9%).
  • Net loss of 24,124,151 reduced equity.
  • Share repurchases of 519,365 reduced equity.
  • New share issuances of 8,332,840 increased equity.
  • Other comprehensive income increased equity by 2,112,893.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income AU$-24.12 Million -243.89%
Share Repurchases AU$519.37K -5.25%
Share Issuances AU$8.33 Million +84.24%
Other Comprehensive Income AU$2.11 Million +21.36%
Other Changes AU$6.47K +0.07%
Total Change AU$- -58.93%

Book Value vs Market Value Analysis

This analysis compares Waratah 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: 10.87x
  • 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 0.09x to 10.87x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 AU$6.62 AU$0.61 x
2014-12-31 AU$4.73 AU$0.61 x
2015-12-31 AU$1.74 AU$0.61 x
2016-12-31 AU$1.60 AU$0.61 x
2017-12-31 AU$1.23 AU$0.61 x
2018-12-31 AU$0.05 AU$0.61 x
2019-12-31 AU$0.26 AU$0.61 x
2020-12-31 AU$0.44 AU$0.61 x
2021-12-31 AU$0.27 AU$0.61 x
2022-12-31 AU$0.01 AU$0.61 x
2023-12-31 AU$0.20 AU$0.61 x
2024-12-31 AU$0.06 AU$0.61 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Waratah 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): -243.89%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -23597.92%
  • • Asset Turnover: 0.01x
  • • Equity Multiplier: 1.06x
  • Recent ROE (-243.89%) is below the historical average (-75.79%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 -15.11% 0.00% 0.00x 1.03x AU$-2.47 Million
2014 -27.13% 0.00% 0.00x 1.03x AU$-5.54 Million
2015 -101.42% 0.00% 0.00x 1.07x AU$-9.36 Million
2016 -49.80% 0.00% 0.00x 1.09x AU$-9.03 Million
2017 -32.63% 0.00% 0.00x 1.09x AU$-7.61 Million
2018 -14.87% 0.00% 0.00x 1.02x AU$-11.10 Million
2019 -332.91% -228630.88% 0.00x 1.03x AU$-37.39 Million
2020 -30.25% -5351.85% 0.01x 1.02x AU$-8.37 Million
2021 -31.64% 0.00% 0.00x 1.11x AU$-7.83 Million
2022 3.76% 233.99% 0.02x 1.02x AU$-1.44 Million
2023 -33.64% -108761.77% 0.00x 1.02x AU$-10.51 Million
2024 -243.89% -23597.92% 0.01x 1.06x AU$-25.11 Million

Industry Comparison

This section compares Waratah 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
Waratah Minerals Ltd (WTM) AU$12.85 Million -15.11% 0.09x $64.39 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