Fresnillo plc (FNL) - Net Assets
Based on the latest financial reports, Fresnillo plc (FNL) has net assets worth €4.16 Billion EUR as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€5.88 Billion) and total liabilities (€1.73 Billion). 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 | €4.16 Billion |
| % of Total Assets | 70.66% |
| Annual Growth Rate | 4.22% |
| 5-Year Change | 16.48% |
| 10-Year Change | 77.33% |
| Growth Volatility | 7.07 |
Fresnillo plc - Net Assets Trend (2013–2024)
This chart illustrates how Fresnillo plc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fresnillo plc (2013–2024)
The table below shows the annual net assets of Fresnillo plc from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €4.21 Billion | +3.52% |
| 2023-12-31 | €4.07 Billion | +3.84% |
| 2022-12-31 | €3.92 Billion | +3.00% |
| 2021-12-31 | €3.80 Billion | +5.20% |
| 2020-12-31 | €3.61 Billion | +10.24% |
| 2019-12-31 | €3.28 Billion | +4.81% |
| 2018-12-31 | €3.13 Billion | +2.01% |
| 2017-12-31 | €3.07 Billion | +12.89% |
| 2016-12-31 | €2.72 Billion | +14.41% |
| 2015-12-31 | €2.37 Billion | +3.15% |
| 2014-12-31 | €2.30 Billion | -13.85% |
| 2013-12-31 | €2.67 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fresnillo 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 grown by 120.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €2.80 Billion | 72.65% |
| Other Components | €1.05 Billion | 27.35% |
| Total Equity | €3.86 Billion | 100.00% |
Fresnillo plc Competitors by Market Cap
The table below lists competitors of Fresnillo plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Samsung Biologics Co Ltd
KO:207940
|
$31.37 Billion |
|
ADYEN N.V. EO-01
XETRA:1N8
|
$31.38 Billion |
|
Chandra Asri Petrochemical Tbk
JK:TPIA
|
$31.43 Billion |
|
NARI Technology Co Ltd
SHG:600406
|
$31.51 Billion |
|
Ping An Bank Co Ltd
SHE:000001
|
$31.27 Billion |
|
Honda Motor Co. Ltd
F:HDMA
|
$31.25 Billion |
|
Kering SA
PA:KER
|
$31.24 Billion |
|
Cez A.S.
PR:CEZ
|
$31.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fresnillo plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,771,852,000 to 3,855,341,000, a change of 83,489,000 (2.2%).
- Net income of 140,920,000 contributed positively to equity growth.
- Dividend payments of 78,111,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €140.92 Million | +3.66% |
| Dividends Paid | €78.11 Million | -2.03% |
| Other Changes | €20.68 Million | +0.54% |
| Total Change | €- | 2.21% |
Book Value vs Market Value Analysis
This analysis compares Fresnillo 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: 7.99x
- 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 10.23x to 7.99x 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 | €4.09 | €41.80 | x |
| 2018-12-31 | €4.14 | €41.80 | x |
| 2019-12-31 | €4.27 | €41.80 | x |
| 2020-12-31 | €4.72 | €41.80 | x |
| 2021-12-31 | €4.91 | €41.80 | x |
| 2022-12-31 | €5.00 | €41.80 | x |
| 2023-12-31 | €5.12 | €41.80 | x |
| 2024-12-31 | €5.23 | €41.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fresnillo 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): 3.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.03%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 1.53x
- Recent ROE (3.66%) is below the historical average (9.21%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 10.58% | 14.89% | 0.40x | 1.80x | €13.10 Million |
| 2014 | 4.77% | 7.67% | 0.38x | 1.64x | €-119.08 Million |
| 2015 | 3.01% | 4.88% | 0.37x | 1.65x | €-163.89 Million |
| 2016 | 15.93% | 22.41% | 0.44x | 1.60x | €158.96 Million |
| 2017 | 18.62% | 26.78% | 0.44x | 1.57x | €259.44 Million |
| 2018 | 11.47% | 16.63% | 0.44x | 1.56x | €44.92 Million |
| 2019 | 6.49% | 9.62% | 0.44x | 1.54x | €-110.47 Million |
| 2020 | 10.75% | 15.40% | 0.43x | 1.63x | €26.22 Million |
| 2021 | 11.64% | 15.58% | 0.47x | 1.59x | €59.40 Million |
| 2022 | 7.38% | 11.18% | 0.41x | 1.60x | €-96.68 Million |
| 2023 | 6.20% | 8.65% | 0.47x | 1.52x | €-143.28 Million |
| 2024 | 3.66% | 4.03% | 0.59x | 1.53x | €-244.61 Million |
Industry Comparison
This section compares Fresnillo plc'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: $350,517,602
- Average return on equity (ROE) among peers: -80.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fresnillo plc (FNL) | €4.16 Billion | 10.58% | 0.42x | $31.27 Billion |
| American Copper Development Corporation (14G) | $386.13K | -25.01% | 0.03x | $5.22 Million |
| 1AH (1AH) | $31.60 Million | -66.15% | 0.24x | $1.07 Billion |
| Champion Electric Metals Inc. (1QB0) | $2.60 Million | -285.59% | 0.19x | $163.05K |
| 1ZX0 (1ZX0) | $10.08 Million | -25.67% | 0.07x | $3.98 Million |
| Copper Giant Resources Corp. (29H0) | $2.71 Million | -308.62% | 0.41x | $54.41 Million |
| China Silver Group Limited (2CS) | $3.44 Billion | -3.38% | 0.16x | $184.59 Million |
| FORTE MINERALS CORP. (2OA) | $2.66 Million | -61.75% | 0.06x | $57.96 Million |
| Visionary Metals Corp. (339) | $3.90 Million | -17.29% | 0.15x | $6.48 Million |
| King Copper Discovery Corp. (3RI0) | $-1.26 Million | 0.00% | 0.00x | $137.97 Million |
| Coppermoly Limited (5C5) | $10.86 Million | -7.36% | 0.13x | $2.58 Million |
About Fresnillo plc
Fresnillo plc mines, develops, and produces non-ferrous minerals in Mexico. It operates through seven segments: Fresnillo, Saucito, Ciénega, Herradura, Noche Buena, San Julián, and Juanicipio. The company primarily explores for silver, gold, lead, and zinc concentrates. Its projects include the Fresnillo silver mine located in the state of Zacatecas; Saucito silver mine situated in the state of Z… Read more