Adriatic Metals Plc (3FN) - Net Assets
Based on the latest financial reports, Adriatic Metals Plc (3FN) has net assets worth €157.77 Million EUR (≈ $184.45 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€350.05 Million ≈ $409.24 Million USD) and total liabilities (€192.27 Million ≈ $224.79 Million 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. Also explore Adriatic Metals Plc balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €157.77 Million |
| % of Total Assets | 45.07% |
| Annual Growth Rate | 81.72% |
| 5-Year Change | 466.5% |
| 10-Year Change | N/A |
| Growth Volatility | 210.59 |
Adriatic Metals Plc - Net Assets Trend (2017–2025)
This chart illustrates how Adriatic Metals Plc's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see market value of Adriatic Metals Plc.
Annual Net Assets for Adriatic Metals Plc (2017–2025)
The table below shows the annual net assets of Adriatic Metals Plc from 2017 to 2025. Explore Adriatic Metals Plc cash conversion from operations to assess how effectively this company generates cash.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | €118.37 Million ≈ $138.39 Million |
+9.19% |
| 2024-06-30 | €108.42 Million ≈ $126.75 Million |
+0.47% |
| 2023-06-30 | €107.90 Million ≈ $126.15 Million |
-4.97% |
| 2022-06-30 | €113.54 Million ≈ $132.74 Million |
+443.37% |
| 2020-06-30 | €20.90 Million ≈ $24.43 Million |
+103.88% |
| 2019-06-30 | €10.25 Million ≈ $11.98 Million |
+61.63% |
| 2018-06-30 | €6.34 Million ≈ $7.41 Million |
+536.88% |
| 2017-06-30 | €995.60K ≈ $1.16 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Adriatic Metals Plc'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 16184669300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €280.51 Million | 236.97% |
| Total Equity | €118.37 Million | 100.00% |
Adriatic Metals Plc Competitors by Market Cap
The table below lists competitors of Adriatic Metals Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Prospect Capital Corporation
NASDAQ:PSEC
|
$1.23 Billion |
|
Berkshire Hills Bancorp Inc
NYSE:BHLB
|
$1.23 Billion |
|
Elecon Engineering Company Limited
NSE:ELECON
|
$1.23 Billion |
|
Under Armour Inc C
NYSE:UA
|
$1.23 Billion |
|
Hangzhou Raycloud Technology Co Ltd
SHG:688365
|
$1.23 Billion |
|
Perenti Ltd
AU:PRN
|
$1.23 Billion |
|
Black Box Limited
NSE:BBOX
|
$1.23 Billion |
|
Sichuan Crun Co Ltd
SHE:002272
|
$1.23 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Adriatic Metals Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 108,415,000 to 118,374,000, a change of 9,959,000 (9.2%).
- Net loss of 62,491,000 reduced equity.
- New share issuances of 48,801,000 increased equity.
- Other factors increased equity by 23,649,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-62.49 Million | -52.79% |
| Share Issuances | €48.80 Million | +41.23% |
| Other Changes | €23.65 Million | +19.98% |
| Total Change | €- | 9.19% |
Book Value vs Market Value Analysis
This analysis compares Adriatic Metals Plc'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: 9.37x
- 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 517.95x to 9.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | €0.01 | €3.42 | x |
| 2018-06-30 | €0.05 | €3.42 | x |
| 2019-06-30 | €0.07 | €3.42 | x |
| 2020-06-30 | €0.12 | €3.42 | x |
| 2022-06-30 | €0.43 | €3.42 | x |
| 2023-06-30 | €0.40 | €3.42 | x |
| 2024-06-30 | €0.37 | €3.42 | x |
| 2025-06-30 | €0.36 | €3.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Adriatic Metals Plc 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): -52.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -226.54%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 2.97x
- Recent ROE (-52.79%) is below the historical average (-31.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -30.42% | 0.00% | 0.00x | 1.02x | €-2.56 Million |
| 2019 | -23.59% | 0.00% | 0.00x | 1.02x | €-3.44 Million |
| 2020 | -29.85% | 0.00% | 0.00x | 1.05x | €-8.33 Million |
| 2022 | -8.98% | 0.00% | 0.00x | 1.16x | €-21.55 Million |
| 2023 | -43.69% | 0.00% | 0.00x | 1.62x | €-57.93 Million |
| 2024 | -27.77% | 0.00% | 0.00x | 2.71x | €-40.95 Million |
| 2025 | -52.79% | -226.54% | 0.08x | 2.97x | €-74.33 Million |
Industry Comparison
This section compares Adriatic Metals Plc'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: $1,632,040
- Average return on equity (ROE) among peers: -44.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Adriatic Metals Plc (3FN) | €157.77 Million | -30.42% | 1.22x | $1.23 Billion |
| Scandium International Mining Corp (0E6) | $920.74K | -200.89% | 2.79x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $-401.00K | 0.00% | 0.00x | $27.77 Million |
| Global Li-Ion Graphite Corp (0TD) | $2.21 Million | -16.12% | 0.41x | $211.57K |
| Benz Mining Corp (1VU) | $2.47 Million | -52.89% | 0.10x | $221.87 Million |
| Pacific Empire Minerals Corp (1YK) | $1.22 Million | -95.73% | 0.06x | $6.64 Million |
| PURANIUM ENERGY LTD. (2DK) | $-109.30K | 0.00% | 0.00x | $469.66K |
| TROUBADOUR RESOURCES INC. (2QD0) | $1.22 Million | -19.90% | 0.46x | $1.14 Million |
| GOLCAP RESOURCES CORP (2SO0) | $1.19 Million | -23.94% | 0.67x | $2.27 Million |
| CDN Maverick Capital Corp. (338B) | $5.98 Million | 12.17% | 0.11x | $2.48 Million |
About Adriatic Metals Plc
Adriatic Metals PLC, through its subsidiaries, engages in the exploration and development of precious and base metals. It primarily explores for silver, zinc, lead, gold, copper, and barite deposits. The company's flagship project is the 100% owned Vare" Silver Project, covering an area of approximately 50 square kilometers located in Bosnia and Herzegovina. Adriatic Metals PLC was formerly known… Read more