Valterra Platinum Limited (VAL) - Net Assets
Based on the latest financial reports, Valterra Platinum Limited (VAL) has net assets worth ZAC98.94 Billion ZAC (≈ $52.58 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC170.67 Billion ≈ $90.70 Million USD) and total liabilities (ZAC71.73 Billion ≈ $38.12 Million 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 VAL tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ZAC98.94 Billion |
| % of Total Assets | 57.97% |
| Annual Growth Rate | 9.16% |
| 5-Year Change | -3.33% |
| 10-Year Change | 148.71% |
| Growth Volatility | 20.17 |
Valterra Platinum Limited - Net Assets Trend (2002–2025)
This chart illustrates how Valterra Platinum Limited's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Valterra Platinum Limited to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Valterra Platinum Limited (2002–2025)
The table below shows the annual net assets of Valterra Platinum Limited from 2002 to 2025. For live valuation and market cap data, see VAL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ZAC98.94 Billion ≈ $52.58 Million |
-3.10% |
| 2024-12-31 | ZAC102.11 Billion ≈ $54.27 Million |
+2.08% |
| 2023-12-31 | ZAC100.03 Billion ≈ $53.16 Million |
+3.17% |
| 2022-12-31 | ZAC96.96 Billion ≈ $51.53 Million |
-5.26% |
| 2021-12-31 | ZAC102.35 Billion ≈ $54.39 Million |
+30.33% |
| 2020-12-31 | ZAC78.53 Billion ≈ $41.74 Million |
+29.08% |
| 2019-12-31 | ZAC60.84 Billion ≈ $32.33 Million |
+28.28% |
| 2018-12-31 | ZAC47.43 Billion ≈ $25.21 Million |
+15.68% |
| 2017-12-31 | ZAC41.00 Billion ≈ $21.79 Million |
+3.06% |
| 2016-12-31 | ZAC39.78 Billion ≈ $21.14 Million |
+1.37% |
| 2015-12-31 | ZAC39.24 Billion ≈ $20.86 Million |
-22.33% |
| 2014-12-31 | ZAC50.53 Billion ≈ $26.85 Million |
+1.04% |
| 2013-12-31 | ZAC50.01 Billion ≈ $26.58 Million |
-0.18% |
| 2012-12-31 | ZAC50.10 Billion ≈ $26.63 Million |
-11.71% |
| 2011-12-31 | ZAC56.74 Billion ≈ $30.16 Million |
+3.14% |
| 2010-12-31 | ZAC55.02 Billion ≈ $29.24 Million |
+68.60% |
| 2009-12-31 | ZAC32.63 Billion ≈ $17.34 Million |
+10.64% |
| 2008-12-31 | ZAC29.50 Billion ≈ $15.68 Million |
+2.51% |
| 2007-12-31 | ZAC28.77 Billion ≈ $15.29 Million |
+0.28% |
| 2006-12-31 | ZAC28.69 Billion ≈ $15.25 Million |
+37.93% |
| 2005-12-31 | ZAC20.80 Billion ≈ $11.06 Million |
+15.74% |
| 2004-12-31 | ZAC17.97 Billion ≈ $9.55 Million |
+44.68% |
| 2003-12-31 | ZAC12.42 Billion ≈ $6.60 Million |
-5.78% |
| 2002-12-31 | ZAC13.18 Billion ≈ $7.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Valterra Platinum 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 7092300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC70.92 Billion | 71.97% |
| Common Stock | ZAC26.00 Million | 0.03% |
| Other Comprehensive Income | ZAC5.36 Billion | 5.44% |
| Other Components | ZAC22.23 Billion | 22.56% |
| Total Equity | ZAC98.55 Billion | 100.00% |
Valterra Platinum Limited Competitors by Market Cap
The table below lists competitors of Valterra Platinum Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alliant Energy Corp
NASDAQ:LNT
|
$18.28 Billion |
|
Api Group Corp
NYSE:APG
|
$18.31 Billion |
|
TECHTRONIC INDS ADR/5
F:TIB
|
$18.32 Billion |
|
Illumina Inc
NASDAQ:ILMN
|
$18.34 Billion |
|
Charter Communications Inc
NASDAQ:CHTR
|
$18.21 Billion |
|
SGS SA
SW:SGSN
|
$18.21 Billion |
|
INTERCONT HOTELS
F:IC1B
|
$18.21 Billion |
|
Broadridge Financial Solutions Inc
NYSE:BR
|
$18.21 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Valterra Platinum Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 101,739,000,000 to 98,546,000,000, a change of -3,193,000,000 (-3.1%).
- Net income of 15,420,000,000 contributed positively to equity growth.
- Dividend payments of 16,933,000,000 reduced retained earnings.
- Share repurchases of 367,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,824,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC15.42 Billion | +15.65% |
| Dividends Paid | ZAC16.93 Billion | -17.18% |
| Share Repurchases | ZAC367.00 Million | -0.37% |
| Other Comprehensive Income | ZAC-1.82 Billion | -1.85% |
| Other Changes | ZAC511.00 Million | +0.52% |
| Total Change | ZAC- | -3.14% |
Book Value vs Market Value Analysis
This analysis compares Valterra Platinum 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: 348.11x
- 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 2180.24x to 348.11x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | ZAC59.63 | ZAC130000.00 | x |
| 2003-12-31 | ZAC56.05 | ZAC130000.00 | x |
| 2004-12-31 | ZAC75.67 | ZAC130000.00 | x |
| 2005-12-31 | ZAC87.15 | ZAC130000.00 | x |
| 2006-12-31 | ZAC124.70 | ZAC130000.00 | x |
| 2007-12-31 | ZAC116.12 | ZAC130000.00 | x |
| 2008-12-31 | ZAC119.04 | ZAC130000.00 | x |
| 2009-12-31 | ZAC131.50 | ZAC130000.00 | x |
| 2010-12-31 | ZAC213.44 | ZAC130000.00 | x |
| 2011-12-31 | ZAC215.65 | ZAC130000.00 | x |
| 2012-12-31 | ZAC190.87 | ZAC130000.00 | x |
| 2013-12-31 | ZAC190.24 | ZAC130000.00 | x |
| 2014-12-31 | ZAC194.31 | ZAC130000.00 | x |
| 2015-12-31 | ZAC151.70 | ZAC130000.00 | x |
| 2016-12-31 | ZAC152.15 | ZAC130000.00 | x |
| 2017-12-31 | ZAC157.80 | ZAC130000.00 | x |
| 2018-12-31 | ZAC179.28 | ZAC130000.00 | x |
| 2019-12-31 | ZAC230.20 | ZAC130000.00 | x |
| 2020-12-31 | ZAC297.45 | ZAC130000.00 | x |
| 2021-12-31 | ZAC387.95 | ZAC130000.00 | x |
| 2022-12-31 | ZAC367.17 | ZAC130000.00 | x |
| 2023-12-31 | ZAC377.86 | ZAC130000.00 | x |
| 2024-12-31 | ZAC385.99 | ZAC130000.00 | x |
| 2025-12-31 | ZAC373.45 | ZAC130000.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Valterra Platinum 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): 15.65%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.26%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 1.73x
- Recent ROE (15.65%) is below the historical average (19.69%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 43.54% | 29.36% | 0.92x | 1.61x | ZAC4.42 Billion |
| 2003 | 16.84% | 12.99% | 0.58x | 2.24x | ZAC849.63 Million |
| 2004 | 14.05% | 13.10% | 0.59x | 1.81x | ZAC727.24 Million |
| 2005 | 21.58% | 19.57% | 0.64x | 1.72x | ZAC2.41 Billion |
| 2006 | 42.29% | 30.44% | 0.85x | 1.64x | ZAC9.10 Billion |
| 2007 | 43.56% | 26.45% | 0.86x | 1.91x | ZAC9.50 Billion |
| 2008 | 49.05% | 28.06% | 0.74x | 2.37x | ZAC11.34 Billion |
| 2009 | 9.37% | 8.21% | 0.48x | 2.36x | ZAC-201.80 Million |
| 2010 | 18.25% | 21.64% | 0.55x | 1.54x | ZAC4.50 Billion |
| 2011 | 6.37% | 7.03% | 0.59x | 1.55x | ZAC-2.05 Billion |
| 2012 | -13.40% | -15.59% | 0.50x | 1.73x | ZAC-11.66 Billion |
| 2013 | -2.75% | -2.61% | 0.59x | 1.78x | ZAC-6.36 Billion |
| 2014 | 1.23% | 1.12% | 0.62x | 1.77x | ZAC-4.45 Billion |
| 2015 | -31.17% | -20.66% | 0.82x | 1.84x | ZAC-16.32 Billion |
| 2016 | 1.58% | 1.02% | 0.80x | 1.94x | ZAC-3.37 Billion |
| 2017 | 4.68% | 2.96% | 0.81x | 1.95x | ZAC-2.21 Billion |
| 2018 | 14.63% | 9.26% | 0.83x | 1.89x | ZAC2.18 Billion |
| 2019 | 30.50% | 18.58% | 0.96x | 1.72x | ZAC12.43 Billion |
| 2020 | 38.73% | 28.15% | 0.75x | 1.84x | ZAC22.51 Billion |
| 2021 | 77.27% | 36.81% | 1.19x | 1.76x | ZAC68.76 Billion |
| 2022 | 50.79% | 29.95% | 0.93x | 1.83x | ZAC39.48 Billion |
| 2023 | 13.09% | 10.47% | 0.74x | 1.70x | ZAC3.08 Billion |
| 2024 | 6.94% | 6.48% | 0.64x | 1.68x | ZAC-3.11 Billion |
| 2025 | 15.65% | 13.26% | 0.68x | 1.73x | ZAC5.57 Billion |
Industry Comparison
This section compares Valterra Platinum Limited'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: $15,456,242,011
- Average return on equity (ROE) among peers: -8.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Valterra Platinum Limited (VAL) | ZAC98.94 Billion | 43.54% | 0.72x | $18.24 Billion |
| Anglo American Platinum Ltd (AMS) | $32.63 Billion | 9.23% | 1.32x | $10.35 Billion |
| Gemfields Group Ltd (GML) | $322.32 Million | -46.27% | 0.00x | $76.97 Million |
| Impala Platinum Holdings Ltd (IMP) | $39.59 Billion | -26.97% | 0.67x | $10.48 Billion |
| Northam Platinum Holdings Ltd (NPH) | $11.39 Billion | 0.08% | 0.29x | $6.22 Billion |
| Sibanye Stillwater Ltd (SSW) | $24.00 Billion | -18.49% | 2.17x | $7.01 Billion |
| Sable Exploration and Mining Ltd (SXM) | $-16.55 Million | 0.00% | 0.00x | $180.37K |
| Tharisa plc (THA) | $271.85 Million | 21.19% | 0.42x | $437.68 Million |
About Valterra Platinum Limited
Valterra Platinum Limited engages in the production and supply of platinum group metals, base metals, and precious metals in South Africa, Asia, Europe, North America, and internationally. The company produces platinum, palladium, rhodium, ruthenium, iridium, and osmium; and nickel, copper, cobalt sulphate, and chrome, as well as gold and sodium sulphate. It also provides fuel cell electric vehic… Read more