DRDGOLD Limited Net Assets
DRDGOLD Limited net assets. Based on the latest financial reports, DRDGOLD Limited (DUBA) has net assets worth €7.68 Billion EUR (≈ $8.98 Billion USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.32 Billion ≈ $12.06 Billion USD) and total liabilities (€2.64 Billion ≈ $3.08 Billion 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 DRDGOLD Limited (DUBA) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €7.68 Billion |
| % of Total Assets | 74.44% |
| Annual Growth Rate | 26.86% |
| 5-Year Change | 70.52% |
| 10-Year Change | N/A |
| Growth Volatility | 36.36 |
Net Assets of DRDGOLD Limited (2017–2024)
Net assets of DRDGOLD Limited from 2017 to 2024. This chart illustrates how DRDGOLD Limited's net assets have evolved over time, based on quarterly financial data. See DRDGOLD Limited (DUBA) net asset quality to measure how much of total assets are equity-financed.
Annual Net Assets for DRDGOLD Limited (2017–2024)
The table below shows the annual net assets of DRDGOLD Limited from 2017 to 2024. For live market cap and overall valuation, see DUBA company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €6.89 Billion ≈ $8.05 Billion |
+9.81% |
| 2023-06-30 | €6.27 Billion ≈ $7.34 Billion |
+15.33% |
| 2022-06-30 | €5.44 Billion ≈ $6.36 Billion |
+12.85% |
| 2021-06-30 | €4.82 Billion ≈ $5.64 Billion |
+19.31% |
| 2020-06-30 | €4.04 Billion ≈ $4.72 Billion |
+50.27% |
| 2019-06-30 | €2.69 Billion ≈ $3.14 Billion |
+112.15% |
| 2018-06-30 | €1.27 Billion ≈ $1.48 Billion |
-2.70% |
| 2017-06-30 | €1.30 Billion ≈ $1.52 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to DRDGOLD Limited'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 grown by 357250000000.0% over the analyzed period, indicating profitable operations and earnings retention.
DRDGOLD Limited Net Assets Breakdown (June 2024)
DRDGOLD Limited net assets breakdown by equity component as of June 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €697.20 Million | 10.12% |
| Other Components | €6.19 Billion | 89.88% |
| Total Equity | €6.89 Billion | 100.00% |
DRDGOLD Limited Competitors by Market Cap
The table below lists competitors of DRDGOLD Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Navitas Semiconductor Corp
NASDAQ:NVTS
|
$2.08 Billion |
|
AUTOHOME INC. A DL -01
F:8AHA
|
$2.08 Billion |
|
GQG PARTNERS CDI/1/1
F:6P1
|
$2.08 Billion |
|
Tradegate AG Wertpapierhandelsbank
F:T2G
|
$2.08 Billion |
|
First National Financial Corp
TO:FN
|
$2.08 Billion |
|
Liberty Media Corporation Series A Liberty Formula One Common Stock
NASDAQ:FWONA
|
$2.08 Billion |
|
Skyward Specialty Insurance Group, Inc. Common Stock
NASDAQ:SKWD
|
$2.08 Billion |
|
Shanghai Mechanical & Electrical Industry Co Ltd A
SHG:600835
|
$2.08 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DRDGOLD Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,274,100,000 to 6,889,400,000, a change of 615,300,000 (9.8%).
- Net income of 1,328,700,000 contributed positively to equity growth.
- Dividend payments of 731,700,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.33 Billion | +19.29% |
| Dividends Paid | €731.70 Million | -10.62% |
| Other Changes | €18.30 Million | +0.27% |
| Total Change | €- | 9.81% |
Book Value vs Market Value Analysis
This analysis compares DRDGOLD Limited'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: 2.68x
- 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 6.94x to 2.68x 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 | €3.09 | €21.40 | x |
| 2018-06-30 | €2.94 | €21.40 | x |
| 2019-06-30 | €3.86 | €21.40 | x |
| 2020-06-30 | €4.67 | €21.40 | x |
| 2021-06-30 | €5.64 | €21.40 | x |
| 2022-06-30 | €6.34 | €21.40 | x |
| 2023-06-30 | €7.29 | €21.40 | x |
| 2024-06-30 | €8.00 | €21.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DRDGOLD Limited 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): 19.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.29%
- • Asset Turnover: 0.66x
- • Equity Multiplier: 1.37x
- Recent ROE (19.29%) is above the historical average (13.81%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 1.05% | 0.59% | 1.02x | 1.76x | €-116.54 Million |
| 2018 | 0.51% | 0.26% | 1.06x | 1.86x | €-120.23 Million |
| 2019 | 2.92% | 2.84% | 0.68x | 1.51x | €-190.36 Million |
| 2020 | 15.72% | 15.17% | 0.74x | 1.40x | €230.98 Million |
| 2021 | 29.87% | 27.33% | 0.83x | 1.32x | €957.86 Million |
| 2022 | 20.66% | 21.96% | 0.72x | 1.30x | €579.81 Million |
| 2023 | 20.42% | 23.31% | 0.67x | 1.30x | €653.99 Million |
| 2024 | 19.29% | 21.29% | 0.66x | 1.37x | €639.76 Million |
Industry Comparison
This section compares DRDGOLD Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,681,625,296
- Average return on equity (ROE) among peers: -186.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DRDGOLD Limited (DUBA) | €7.68 Billion | 1.05% | 0.34x | $2.08 Billion |
| Pearl Gold AG (02P) | $0.00 | 0.00% | 0.00x | $9.94 Million |
| NEWPATH RESOURCES INC. (0MZ) | $790.67K | -1412.37% | 2.56x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $36.70 Billion | 3.40% | 1.47x | $1.99 Billion |
| Asante Gold Corporation (1A9) | $1.04 Million | -82.24% | 3.01x | $355.33 Million |
| American Pacific Mining Corp (1QC1) | $41.94 Million | -24.06% | 0.02x | $19.08 Million |
| SITKA GOLD CORP (1RF) | $43.88 Million | -7.79% | 0.14x | $236.82 Million |
| WALKER RIVER RES CORP (1WV0) | $8.41 Million | -20.86% | 0.06x | $8.24 Million |
| CLARITY METALS CORP. (27G0) | $2.96 Million | -220.38% | 0.18x | $273.09K |
| CANDELARIA MINING CORP (29LN) | $12.93 Million | -82.55% | 0.30x | $262.83K |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $7.83 Million | -15.12% | 0.05x | $10.77 Million |
About DRDGOLD Limited
DRDGOLD Limited, a gold mining company, engages in the extraction of gold from the retreatment of surface mine tailings in South Africa. It sells gold and silver bullion. It is involved in provision care and maintenance services; produces renewable power; employee home loans; and operation of training center. The company was formerly known as Durban Roodepoort Deep Limited and changed its name to… Read more