Gold Fields Limited (EDG) - Net Assets
Based on the latest financial reports, Gold Fields Limited (EDG) has net assets worth €8.67 Billion EUR (≈ $10.14 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€15.23 Billion ≈ $17.80 Billion USD) and total liabilities (€6.55 Billion ≈ $7.66 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. Check tangible net worth ratio of Gold Fields Limited to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €8.67 Billion |
| % of Total Assets | 56.96% |
| Annual Growth Rate | 11.76% |
| 5-Year Change | 109.98% |
| 10-Year Change | N/A |
| Growth Volatility | 21.18 |
Gold Fields Limited - Net Assets Trend (2016–2025)
This chart illustrates how Gold Fields Limited's net assets have evolved over time, based on quarterly financial data. See Gold Fields Limited liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Gold Fields Limited (2016–2025)
The table below shows the annual net assets of Gold Fields Limited from 2016 to 2025. For live valuation and market cap data, see market value of Gold Fields Limited.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | €8.67 Billion ≈ $10.14 Billion |
+61.59% |
| 2024-12-31 | €5.37 Billion ≈ $6.27 Billion |
+16.17% |
| 2023-12-31 | €4.62 Billion ≈ $5.40 Billion |
+6.46% |
| 2022-12-31 | €4.34 Billion ≈ $5.07 Billion |
+5.07% |
| 2021-12-31 | €4.13 Billion ≈ $4.83 Billion |
+7.89% |
| 2020-12-31 | €3.83 Billion ≈ $4.48 Billion |
+31.61% |
| 2019-12-31 | €2.91 Billion ≈ $3.40 Billion |
+7.46% |
| 2018-12-31 | €2.71 Billion ≈ $3.16 Billion |
-20.46% |
| 2017-12-31 | €3.40 Billion ≈ $3.98 Billion |
+6.69% |
| 2016-12-31 | €3.19 Billion ≈ $3.73 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Gold Fields 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 330.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €6.68 Billion | 79.18% |
| Other Components | €1.76 Billion | 20.82% |
| Total Equity | €8.43 Billion | 100.00% |
Gold Fields Limited Competitors by Market Cap
The table below lists competitors of Gold Fields Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guotai Junan Securities Co Ltd
SHG:601211
|
$33.73 Billion |
|
Lonza Group AG
SW:LONN
|
$33.73 Billion |
|
Advanced Info Service Public Company Limited
BK:ADVANC
|
$33.74 Billion |
|
Las Vegas Sands Corp
NYSE:LVS
|
$33.75 Billion |
|
Carnival Corporation
NYSE:CCL
|
$33.66 Billion |
|
Halliburton Company
NYSE:HAL
|
$33.63 Billion |
|
ASM International NV
AS:ASM
|
$33.60 Billion |
|
JBS S.A
SA:JBSS3
|
$33.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gold Fields Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,201,400,000 to 8,432,600,000, a change of 3,231,200,000 (62.1%).
- Net income of 3,567,400,000 contributed positively to equity growth.
- Share repurchases of 36,300,000 reduced equity.
- Other factors decreased equity by 299,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €3.57 Billion | +42.3% |
| Share Repurchases | €36.30 Million | -0.43% |
| Other Changes | €-299.90 Million | -3.56% |
| Total Change | €- | 62.12% |
Book Value vs Market Value Analysis
This analysis compares Gold Fields 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: 3.42x
- 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 8.08x to 3.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €3.99 | €32.20 | x |
| 2018-12-31 | €3.15 | €32.20 | x |
| 2019-12-31 | €3.35 | €32.20 | x |
| 2020-12-31 | €4.15 | €32.20 | x |
| 2021-12-31 | €4.65 | €32.20 | x |
| 2022-12-31 | €4.87 | €32.20 | x |
| 2023-12-31 | €5.01 | €32.20 | x |
| 2024-12-31 | €5.81 | €32.20 | x |
| 2025-12-31 | €9.42 | €32.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gold Fields 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): 42.30%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.76%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.81x
- Recent ROE (42.30%) is above the historical average (13.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.31% | 5.92% | 0.43x | 2.07x | €-143.90 Million |
| 2017 | -0.57% | -0.68% | 0.42x | 2.02x | €-346.28 Million |
| 2018 | -13.46% | -13.51% | 0.42x | 2.36x | €-606.81 Million |
| 2019 | 5.82% | 5.45% | 0.45x | 2.36x | €-116.10 Million |
| 2020 | 19.73% | 18.58% | 0.52x | 2.04x | €356.55 Million |
| 2021 | 19.11% | 18.81% | 0.57x | 1.78x | €376.29 Million |
| 2022 | 16.38% | 16.59% | 0.58x | 1.69x | €277.05 Million |
| 2023 | 15.71% | 15.63% | 0.55x | 1.84x | €255.69 Million |
| 2024 | 23.94% | 23.93% | 0.51x | 1.95x | €724.86 Million |
| 2025 | 42.30% | 40.76% | 0.57x | 1.81x | €2.72 Billion |
Industry Comparison
This section compares Gold Fields Limited's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $3,683,175,532
- Average return on equity (ROE) among peers: -71.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gold Fields Limited (EDG) | €8.67 Billion | 5.31% | 0.76x | $33.67 Billion |
| Pearl Gold AG (02P) | $69.49 Million | -0.87% | 1.02x | $8.77 Million |
| NEWPATH RESOURCES INC. (0MZ) | $-104.03K | 0.00% | 0.00x | $556.56K |
| SHAND.GOLD MNG LTD H HD 1 (188H) | $36.70 Billion | 3.40% | 1.47x | $2.98 Billion |
| Asante Gold Corporation (1A9) | $1.04 Million | -82.24% | 3.01x | $530.27 Million |
| American Pacific Mining Corp (1QC1) | $1.15 Million | -318.04% | 0.15x | $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 | $10.69 Million |
| CLARITY METALS CORP. (27G0) | $-492.87K | 0.00% | 0.00x | $1.67 Million |
| SIXTY NORTH GOLD MIN.LTD. (2F40) | $6.26 Million | -11.38% | 0.01x | $16.59 Million |
| GREENHAWK RESOURCES INC. (2V70) | $5.66 Million | -275.28% | 0.01x | $43.10K |
About Gold Fields Limited
Gold Fields Limited operates as a gold producer with reserves and resources in South Africa, Ghana, Australia, Peru, Canada, and Chile. It also explores for gold, copper and silver deposits. Gold Fields Limited was founded in 1887 and is based in Sandton, South Africa.