FORTE MINERALS CORP. (2OA) - Net Assets
Based on the latest financial reports, FORTE MINERALS CORP. (2OA) has net assets worth €9.91 Million EUR (≈ $11.59 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.04 Million ≈ $11.74 Million USD) and total liabilities (€133.74K ≈ $156.35K 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. Read 2OA liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €9.91 Million |
| % of Total Assets | 98.67% |
| Annual Growth Rate | 30.12% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 79.2 |
FORTE MINERALS CORP. - Net Assets Trend (2021–2024)
This chart illustrates how FORTE MINERALS CORP.'s net assets have evolved over time, based on quarterly financial data. Also explore 2OA total asset value for the complete picture of this company's asset base.
Annual Net Assets for FORTE MINERALS CORP. (2021–2024)
The table below shows the annual net assets of FORTE MINERALS CORP. from 2021 to 2024. For live valuation and market cap data, see market value of FORTE MINERALS CORP..
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €2.66 Million ≈ $3.11 Million |
+128.69% |
| 2023-12-31 | €1.16 Million ≈ $1.36 Million |
-51.82% |
| 2022-12-31 | €2.41 Million ≈ $2.82 Million |
+99.99% |
| 2021-12-31 | €1.21 Million ≈ $1.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to FORTE MINERALS CORP.'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 390615900.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €9.90 Million | 372.32% |
| Total Equity | €2.66 Million | 100.00% |
FORTE MINERALS CORP. Competitors by Market Cap
The table below lists competitors of FORTE MINERALS CORP. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PASSUS S.A. ZY-1
F:71X
|
$57.96 Million |
|
Arrienda Rental Properties SOCIMI SA
MC:YARP
|
$58.01 Million |
|
Huvitz Co. Ltd
KQ:065510
|
$58.02 Million |
|
Selva Gida Sanayi AS
IS:SELVA
|
$58.02 Million |
|
Gunawan Dianjaya Steel Tbk
JK:GDST
|
$57.95 Million |
|
Defiance Silver Corp
V:DEF
|
$57.93 Million |
|
Big Sunshine Co Ltd
TW:1475
|
$57.93 Million |
|
Fluence Corporation Limited
F:4SVE
|
$57.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FORTE MINERALS CORP.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,162,682 to 2,658,948, a change of 1,496,266 (128.7%).
- Net loss of 1,641,770 reduced equity.
- New share issuances of 1,790,600 increased equity.
- Other factors increased equity by 1,347,436.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.64 Million | -61.75% |
| Share Issuances | €1.79 Million | +67.34% |
| Other Changes | €1.35 Million | +50.68% |
| Total Change | €- | 128.69% |
Book Value vs Market Value Analysis
This analysis compares FORTE MINERALS CORP.'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: 14.34x
- 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 decreased from 23.16x to 14.34x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.03 | €0.76 | x |
| 2022-12-31 | €0.07 | €0.76 | x |
| 2023-12-31 | €0.03 | €0.76 | x |
| 2024-12-31 | €0.05 | €0.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FORTE MINERALS CORP. 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): -61.75%
- 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: 1.06x
- Recent ROE (-61.75%) is above the historical average (-65.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -42.42% | 0.00% | 0.00x | 1.16x | €-632.56K |
| 2022 | -57.56% | 0.00% | 0.00x | 1.03x | €-1.63 Million |
| 2023 | -98.63% | 0.00% | 0.00x | 1.04x | €-1.26 Million |
| 2024 | -61.75% | 0.00% | 0.00x | 1.06x | €-1.91 Million |
Industry Comparison
This section compares FORTE MINERALS CORP.'s net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $6,261,658,713
- Average return on equity (ROE) among peers: -10.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FORTE MINERALS CORP. (2OA) | €9.91 Million | -42.42% | 0.01x | $57.96 Million |
| China Silver Group Limited (2CS) | $3.35 Billion | 4.45% | 0.20x | $156.19 Million |
| Manhattan Corporation Limited (32U) | $13.92 Million | -5.43% | 0.01x | $6.84 Million |
| FUTURE METALS NL (3R10) | $22.15 Million | -19.48% | 0.05x | $7.28 Million |
| Sibanye Stillwater Limited (47VS) | $51.61 Billion | -73.19% | 1.77x | $7.90 Billion |
| Gemfields Group Limited (5PH) | $523.49 Million | -1.93% | 0.33x | $74.14 Million |
| INFLECTION RESOURCES LTD. (5VJ) | $12.15 Million | -8.69% | 0.02x | $15.15 Million |
| Hammer Metals Limited (6HM) | $33.37 Million | -8.76% | 0.03x | $16.70 Million |
| ADYTON RESOURCES CORP. (701) | $14.98 Million | 5.60% | 0.05x | $65.09 Million |
| THARISA NON LIST. DL-001 (7YZ) | $779.58 Million | 10.63% | 0.55x | $385.14 Million |
About FORTE MINERALS CORP.
Forte Minerals Corp., a mining exploration company, engages in the acquisition, exploration, and development of copper and gold projects in Peru. It explores for gold, copper, and molybdenum deposits. The company was formerly known as Forte Copper Corp. and changed its name to Forte Minerals Corp. in April 2021. Forte Minerals Corp. was incorporated in 2011 and is headquartered in Vancouver, Cana… Read more