Talga Group Ltd (TGX) - Net Assets
Based on the latest financial reports, Talga Group Ltd (TGX) has net assets worth €40.23 Million EUR as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€46.10 Million) and total liabilities (€5.87 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 | €40.23 Million |
| % of Total Assets | 87.27% |
| Annual Growth Rate | 21.44% |
| 5-Year Change | 455.46% |
| 10-Year Change | 508.63% |
| Growth Volatility | 202.14 |
Talga Group Ltd - Net Assets Trend (2014–2024)
This chart illustrates how Talga Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Talga Group Ltd (2014–2024)
The table below shows the annual net assets of Talga Group Ltd from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | €40.23 Million | -29.40% |
| 2023-06-30 | €56.98 Million | +113.84% |
| 2022-06-30 | €26.65 Million | -51.64% |
| 2021-06-30 | €55.10 Million | +660.76% |
| 2020-06-30 | €7.24 Million | -23.69% |
| 2019-06-30 | €9.49 Million | -31.24% |
| 2018-06-30 | €13.80 Million | -24.10% |
| 2017-06-30 | €18.18 Million | +34.00% |
| 2016-06-30 | €13.57 Million | +105.31% |
| 2015-06-30 | €6.61 Million | +14.61% |
| 2014-06-30 | €5.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Talga Group Ltd'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 19288637400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €244.81 Million | 608.56% |
| Total Equity | €40.23 Million | 100.00% |
Talga Group Ltd Competitors by Market Cap
The table below lists competitors of Talga Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CDON AB
ST:CDON
|
$85.38 Million |
|
MAYO Human Capital Inc.
TWO:6738
|
$85.38 Million |
|
True North Commercial Real Estate Investment Trust
TO:TNT-UN
|
$85.40 Million |
|
Téléverbier SA
PA:TVRB
|
$85.40 Million |
|
U-Best Polymer Industry Co Ltd
TWO:4714
|
$85.28 Million |
|
Astro Malaysia Holdings Bhd
KLSE:6399
|
$85.28 Million |
|
PGF Capital Bhd
KLSE:8117
|
$85.26 Million |
|
HELIOS FAIRFAX PARTNERS
F:3UD
|
$85.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Talga Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 56,984,362 to 40,228,747, a change of -16,755,615 (-29.4%).
- Net loss of 38,256,533 reduced equity.
- Share repurchases of 79,000 reduced equity.
- New share issuances of 19,000,000 increased equity.
- Other factors increased equity by 2,579,918.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-38.26 Million | -95.1% |
| Share Repurchases | €79.00K | -0.2% |
| Share Issuances | €19.00 Million | +47.23% |
| Other Changes | €2.58 Million | +6.41% |
| Total Change | €- | -29.40% |
Book Value vs Market Value Analysis
This analysis compares Talga Group Ltd'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: 1.51x
- 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 1.78x to 1.51x 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 | €0.09 | €0.16 | x |
| 2018-06-30 | €0.07 | €0.16 | x |
| 2019-06-30 | €0.04 | €0.16 | x |
| 2020-06-30 | €0.03 | €0.16 | x |
| 2021-06-30 | €0.18 | €0.16 | x |
| 2022-06-30 | €0.09 | €0.16 | x |
| 2023-06-30 | €0.16 | €0.16 | x |
| 2024-06-30 | €0.11 | €0.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Talga Group Ltd 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): -95.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16972.35%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.15x
- Recent ROE (-95.10%) is below the historical average (-86.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -53.01% | -34201.48% | 0.00x | 1.04x | €-3.63 Million |
| 2015 | -88.44% | -5592.93% | 0.01x | 1.12x | €-6.51 Million |
| 2016 | -45.88% | 0.00% | 0.00x | 1.04x | €-7.58 Million |
| 2017 | -47.07% | -589485.67% | 0.00x | 1.04x | €-10.38 Million |
| 2018 | -55.08% | -91403.69% | 0.00x | 1.10x | €-8.98 Million |
| 2019 | -136.30% | -151429.16% | 0.00x | 1.23x | €-13.88 Million |
| 2020 | -185.25% | -143505.10% | 0.00x | 1.22x | €-14.14 Million |
| 2021 | -36.11% | -18256.49% | 0.00x | 1.11x | €-25.40 Million |
| 2022 | -138.10% | -224112.79% | 0.00x | 1.24x | €-39.46 Million |
| 2023 | -76.08% | -15508.01% | 0.00x | 1.14x | €-49.05 Million |
| 2024 | -95.10% | -16972.35% | 0.00x | 1.15x | €-42.28 Million |
Industry Comparison
This section compares Talga Group Ltd'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: $201,695,614
- Average return on equity (ROE) among peers: -137.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Talga Group Ltd (TGX) | €40.23 Million | -53.01% | 0.15x | $85.37 Million |
| SOUTH MANGAN.INV. HD-05 (00D0) | $1.98 Billion | -36.67% | 3.44x | $317.45 Million |
| Scandium International Mining Corp (0E6) | $1.33 Million | -158.28% | 0.03x | $17.79 Million |
| Asiamet Resources Ltd (0FK) | $3.83 Million | -181.11% | 0.41x | $27.77 Million |
| Waratah Minerals Limited (0FS0) | $18.80 Million | -32.51% | 0.11x | $124.98 Million |
| US Critical Metals Corp. (0IU) | $1.02 Million | -569.13% | 0.58x | $4.97 Million |
| Global Li-Ion Graphite Corp (0TD) | $3.56 Million | -15.06% | 0.14x | $740.51K |
| United Lithium Corp. (0UL) | $12.70 Million | -87.66% | 0.04x | $9.22 Million |
| 14S0 (14S0) | $-2.26 Million | 0.00% | 0.00x | $2.92 Million |
| Manning Ventures Inc. (1H50) | $553.43K | -21.88% | 0.10x | $69.80K |
| Pacific Empire Minerals Corp (1YK) | $244.28K | -277.01% | 1.86x | $8.47 Million |
About Talga Group Ltd
Talga Group Ltd provides natural graphite battery anode materials in Australia, Sweden, Germany, and the United Kingdom. It operates through Graphite Exploration; Graphite Development; and Research and Development segments. The company explores for lithium, copper, anode, and graphite deposits. It also offers battery materials, such as active anode products under the Talnode brand, as well as adv… Read more