Founders Metals Inc. (9DL0) - Net Assets
Based on the latest financial reports, Founders Metals Inc. (9DL0) has net assets worth €156.45 Million EUR as of November 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€165.19 Million) and total liabilities (€8.74 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 | €156.45 Million |
| % of Total Assets | 94.71% |
| Annual Growth Rate | 122.07% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 79.66 |
Founders Metals Inc. - Net Assets Trend (2022–2025)
This chart illustrates how Founders Metals Inc.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Founders Metals Inc. (2022–2025)
The table below shows the annual net assets of Founders Metals Inc. from 2022 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | €108.22 Million | +237.26% |
| 2024-08-31 | €32.09 Million | +127.78% |
| 2023-08-31 | €14.09 Million | +42.64% |
| 2022-08-31 | €9.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Founders Metals Inc.'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 1603248300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €119.88 Million | 117.52% |
| Total Equity | €102.01 Million | 100.00% |
Founders Metals Inc. Competitors by Market Cap
The table below lists competitors of Founders Metals Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ready Capital Corp
NYSE:RC
|
$278.73 Million |
|
Pecoy Copper Corp.
V:PCU
|
$278.84 Million |
|
Prakash Industries Limited
NSE:PRAKASH
|
$278.85 Million |
|
Jaya Tiasa Holdings Bhd
KLSE:4383
|
$278.90 Million |
|
FVCBankcorp Inc
NASDAQ:FVCB
|
$278.62 Million |
|
CAMBI ASA NK -02
F:3W7
|
$278.49 Million |
|
Wistron Information Technology & Services
TWO:4953
|
$278.46 Million |
|
JIUMAOJIU INTL HLDGS LTD
F:3YU
|
$278.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Founders Metals Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 32,088,604 to 102,005,796, a change of 69,917,192 (217.9%).
- Net loss of 10,585,128 reduced equity.
- Share repurchases of 3,454,369 reduced equity.
- New share issuances of 67,205,678 increased equity.
- Other factors increased equity by 16,751,011.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-10.59 Million | -10.38% |
| Share Repurchases | €3.45 Million | -3.39% |
| Share Issuances | €67.21 Million | +65.88% |
| Other Changes | €16.75 Million | +16.42% |
| Total Change | €- | 217.89% |
Book Value vs Market Value Analysis
This analysis compares Founders Metals Inc.'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: 2.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.86x to 2.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-08-31 | €0.38 | €2.96 | x |
| 2023-08-31 | €0.29 | €2.96 | x |
| 2024-08-31 | €0.43 | €2.96 | x |
| 2025-08-31 | €1.00 | €2.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Founders Metals Inc. 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): -10.38%
- 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: 1.13x
- Recent ROE (-10.38%) is above the historical average (-13.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -4.92% | 0.00% | 0.00x | 1.00x | €-1.47 Million |
| 2023 | -13.22% | 0.00% | 0.00x | 1.06x | €-3.27 Million |
| 2024 | -24.12% | 0.00% | 0.00x | 1.09x | €-10.95 Million |
| 2025 | -10.38% | 0.00% | 0.00x | 1.13x | €-20.79 Million |
Industry Comparison
This section compares Founders Metals Inc.'s net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $27,102,123
- Average return on equity (ROE) among peers: -25.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Founders Metals Inc. (9DL0) | €156.45 Million | -4.92% | 0.06x | $278.66 Million |
| Pearl Gold AG (02P) | $69.49 Million | -0.87% | 1.02x | $16.66 Million |
| AMIGO HLDGS PLC. LS-0025 (0VG) | $0.00 | 0.00% | 0.00x | $28.02 Million |
| Asante Gold Corporation (1A9) | $1.50 Million | -47.59% | 1.26x | $750.30 Million |
| American Pacific Mining Corp (1QC1) | $39.11 Million | -23.19% | 0.05x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $26.12 Million | -5.86% | 0.18x | $236.82 Million |
| Rio2 Limited (1SB) | $125.11 Million | -0.02% | 0.39x | $905.31 Million |
| GREENHAWK RESOURCES INC. (2V70) | $-338.95K | 0.00% | 0.00x | $453.49K |
| THETA GOLD MNS LTD (3LM) | $8.69 Million | -50.24% | 1.23x | $149.39 Million |
| McLaren Resources Inc (3ML) | $-226.22K | 0.00% | 0.00x | $2.76 Million |
| RIO GRANDE RESOURCES LTD. (488) | $1.57 Million | -130.13% | 0.95x | $6.72 Million |
About Founders Metals Inc.
Founders Metals Inc. is involved in the exploration and development of mineral properties in Canada. It primarily explores for gold. The company's flagship project is the Antino Gold Project, covering an area of 20,000 hectares located in southeastern Suriname. Founders Metals Inc. is headquartered in Vancouver, Canada.