Agnico-Eagle Mines Ltd.
Agnico Eagle Mines Limited, a gold mining company, engages in the exploration, development, and production of precious metals. It explores for gold, silver, copper, and zinc. The company's mines are located in Canada, Australia, Finland, and Mexico; and with exploration and development activities in Canada, Australia, Europe, Latin America, and the United States. Agnico Eagle Mines Limited was in… Read more
Agnico-Eagle Mines Ltd. (0R2J) - Net Assets
Latest net assets as of September 2025: CA$23.48 Billion CAD
Based on the latest financial reports, Agnico-Eagle Mines Ltd. (0R2J) has net assets worth CA$23.48 Billion CAD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$32.66 Billion) and total liabilities (CA$9.17 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 | CA$23.48 Billion |
| % of Total Assets | 71.92% |
| Annual Growth Rate | 18.26% |
| 5-Year Change | 266.57% |
| 10-Year Change | 403.09% |
| Growth Volatility | 39.25 |
Agnico-Eagle Mines Ltd. - Net Assets Trend (1993–2024)
This chart illustrates how Agnico-Eagle Mines 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 Agnico-Eagle Mines Ltd. (1993–2024)
The table below shows the annual net assets of Agnico-Eagle Mines Ltd. from 1993 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | CA$20.83 Billion | +7.26% |
| 2023-12-31 | CA$19.42 Billion | +19.59% |
| 2022-12-31 | CA$16.24 Billion | +170.70% |
| 2021-12-31 | CA$6.00 Billion | +5.57% |
| 2020-12-31 | CA$5.68 Billion | +11.18% |
| 2019-12-31 | CA$5.11 Billion | +12.34% |
| 2018-12-31 | CA$4.55 Billion | -8.02% |
| 2017-12-31 | CA$4.95 Billion | +10.12% |
| 2016-12-31 | CA$4.49 Billion | +8.49% |
| 2015-12-31 | CA$4.14 Billion | +1.78% |
| 2014-12-31 | CA$4.07 Billion | +49.72% |
| 2013-12-31 | CA$2.72 Billion | -20.31% |
| 2012-12-31 | CA$3.41 Billion | +6.06% |
| 2011-12-31 | CA$3.22 Billion | -12.28% |
| 2010-12-31 | CA$3.67 Billion | +33.20% |
| 2009-12-31 | CA$2.75 Billion | +9.29% |
| 2008-12-31 | CA$2.52 Billion | +22.28% |
| 2007-12-31 | CA$2.06 Billion | +64.40% |
| 2006-12-31 | CA$1.25 Billion | +91.19% |
| 2005-12-31 | CA$655.07 Million | +39.31% |
| 2004-12-31 | CA$470.23 Million | +17.34% |
| 2003-12-31 | CA$400.74 Million | +0.76% |
| 2002-12-31 | CA$397.69 Million | +90.04% |
| 2001-12-31 | CA$209.27 Million | +53.36% |
| 2000-12-31 | CA$136.46 Million | -0.59% |
| 1999-12-31 | CA$137.26 Million | -7.30% |
| 1998-12-31 | CA$148.06 Million | +47.92% |
| 1997-12-31 | CA$100.10 Million | -34.21% |
| 1996-12-31 | CA$152.14 Million | +8.52% |
| 1995-12-31 | CA$140.19 Million | +27.44% |
| 1994-12-31 | CA$110.01 Million | -4.31% |
| 1993-12-31 | CA$114.96 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Agnico-Eagle Mines 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 grown by 202571677885.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$2.03 Billion | 9.72% |
| Common Stock | CA$18.68 Billion | 89.65% |
| Other Comprehensive Income | CA$-41.15 Million | -0.20% |
| Other Components | CA$173.35 Million | 0.83% |
| Total Equity | CA$20.83 Billion | 100.00% |
Agnico-Eagle Mines Ltd. Competitors by Market Cap
The table below lists competitors of Agnico-Eagle Mines Ltd. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cameco Corp
NYSE:CCJ
|
$48.44 Billion |
|
AngloGold Ashanti plc
NYSE:AU
|
$48.50 Billion |
|
ANZ Group Holdings Limited
OTCGREY:ANZGY
|
$48.69 Billion |
|
Hong Kong Exchange & Clearing
PINK:HKXCY
|
$48.70 Billion |
|
Itau Unibanco Banco Holding SA
NYSE:ITUB
|
$48.32 Billion |
|
Standard Chartered PLC
PINK:SCBFY
|
$48.20 Billion |
|
Xcel Energy Inc
NASDAQ:XEL
|
$48.03 Billion |
|
Swiss Re AG
PINK:SSREF
|
$47.98 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Agnico-Eagle Mines Ltd.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,422,915,000 to 20,832,900,000, a change of 1,409,985,000 (7.3%).
- Net income of 1,895,581,000 contributed positively to equity growth.
- Dividend payments of 671,655,000 reduced retained earnings.
- Share repurchases of 169,357,000 reduced equity.
- Other comprehensive income decreased equity by 143,421,044.
- Other factors increased equity by 498,837,044.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$1.90 Billion | +9.1% |
| Dividends Paid | CA$671.65 Million | -3.22% |
| Share Repurchases | CA$169.36 Million | -0.81% |
| Other Comprehensive Income | CA$-143.42 Million | -0.69% |
| Other Changes | CA$498.84 Million | +2.39% |
| Total Change | CA$- | 7.26% |
Book Value vs Market Value Analysis
This analysis compares Agnico-Eagle Mines 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: 6.92x
- 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 87.64x to 6.92x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1993-12-31 | CA$3.28 | CA$287.85 | x |
| 1994-12-31 | CA$3.03 | CA$287.85 | x |
| 1995-12-31 | CA$3.78 | CA$287.85 | x |
| 1996-12-31 | CA$4.89 | CA$287.85 | x |
| 1997-12-31 | CA$2.21 | CA$287.85 | x |
| 1998-12-31 | CA$2.86 | CA$287.85 | x |
| 1999-12-31 | CA$2.51 | CA$287.85 | x |
| 2000-12-31 | CA$2.46 | CA$287.85 | x |
| 2001-12-31 | CA$2.72 | CA$287.85 | x |
| 2002-12-31 | CA$4.96 | CA$287.85 | x |
| 2003-12-31 | CA$4.73 | CA$287.85 | x |
| 2004-12-31 | CA$5.50 | CA$287.85 | x |
| 2005-12-31 | CA$7.44 | CA$287.85 | x |
| 2006-12-31 | CA$10.48 | CA$287.85 | x |
| 2007-12-31 | CA$15.37 | CA$287.85 | x |
| 2008-12-31 | CA$17.26 | CA$287.85 | x |
| 2009-12-31 | CA$17.35 | CA$287.85 | x |
| 2010-12-31 | CA$22.10 | CA$287.85 | x |
| 2011-12-31 | CA$18.91 | CA$287.85 | x |
| 2012-12-31 | CA$19.89 | CA$287.85 | x |
| 2013-12-31 | CA$15.72 | CA$287.85 | x |
| 2014-12-31 | CA$20.74 | CA$287.85 | x |
| 2015-12-31 | CA$19.07 | CA$287.85 | x |
| 2016-12-31 | CA$19.90 | CA$287.85 | x |
| 2017-12-31 | CA$21.28 | CA$287.85 | x |
| 2018-12-31 | CA$19.51 | CA$287.85 | x |
| 2019-12-31 | CA$21.46 | CA$287.85 | x |
| 2020-12-31 | CA$23.38 | CA$287.85 | x |
| 2021-12-31 | CA$24.52 | CA$287.85 | x |
| 2022-12-31 | CA$37.04 | CA$287.85 | x |
| 2023-12-31 | CA$39.65 | CA$287.85 | x |
| 2024-12-31 | CA$41.59 | CA$287.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Agnico-Eagle Mines Ltd. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.10%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.88%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.44x
- Recent ROE (9.10%) is above the historical average (-0.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1993 | 4.87% | 9.57% | 0.41x | 1.25x | CA$-5.90 Million |
| 1994 | 7.92% | 15.93% | 0.21x | 2.33x | CA$-2.28 Million |
| 1995 | 9.78% | 21.14% | 0.23x | 2.01x | CA$-304.58K |
| 1996 | 0.15% | 0.37% | 0.20x | 2.05x | CA$-14.46 Million |
| 1997 | -83.50% | -175.27% | 0.19x | 2.46x | CA$-88.82 Million |
| 1998 | -5.19% | -17.34% | 0.15x | 1.94x | CA$-21.94 Million |
| 1999 | -12.32% | -64.52% | 0.09x | 2.18x | CA$-29.90 Million |
| 2000 | -5.13% | -10.43% | 0.18x | 2.72x | CA$-20.26 Million |
| 2001 | -2.71% | -5.62% | 0.26x | 1.86x | CA$-26.85 Million |
| 2002 | 1.01% | 3.66% | 0.19x | 1.49x | CA$-35.75 Million |
| 2003 | -4.87% | -15.05% | 0.20x | 1.59x | CA$-59.57 Million |
| 2004 | 11.06% | 25.46% | 0.28x | 1.53x | CA$4.98 Million |
| 2005 | 5.86% | 15.33% | 0.26x | 1.49x | CA$-27.13 Million |
| 2006 | 12.56% | 34.72% | 0.30x | 1.21x | CA$32.00 Million |
| 2007 | 7.36% | 32.24% | 0.17x | 1.33x | CA$-54.34 Million |
| 2008 | 2.51% | 19.83% | 0.09x | 1.34x | CA$-188.53 Million |
| 2009 | 3.42% | 14.10% | 0.16x | 1.54x | CA$-181.03 Million |
| 2010 | 9.39% | 23.35% | 0.27x | 1.50x | CA$-22.27 Million |
| 2011 | -17.26% | -31.23% | 0.35x | 1.57x | CA$-873.07 Million |
| 2012 | 9.15% | 16.21% | 0.37x | 1.54x | CA$-28.87 Million |
| 2013 | -14.51% | -24.81% | 0.35x | 1.69x | CA$-665.98 Million |
| 2014 | 1.94% | 4.37% | 0.27x | 1.67x | CA$-327.73 Million |
| 2015 | 0.55% | 1.24% | 0.27x | 1.61x | CA$-391.46 Million |
| 2016 | 3.49% | 7.43% | 0.30x | 1.58x | CA$-292.33 Million |
| 2017 | 5.04% | 10.74% | 0.30x | 1.59x | CA$-245.24 Million |
| 2018 | -6.81% | -14.91% | 0.26x | 1.73x | CA$-765.04 Million |
| 2019 | 9.47% | 18.97% | 0.29x | 1.72x | CA$-26.99 Million |
| 2020 | 9.48% | 16.30% | 0.34x | 1.69x | CA$-29.69 Million |
| 2021 | 9.28% | 14.52% | 0.38x | 1.70x | CA$-42.98 Million |
| 2022 | 3.96% | 11.67% | 0.23x | 1.45x | CA$-980.44 Million |
| 2023 | 10.18% | 29.29% | 0.24x | 1.48x | CA$34.62 Million |
| 2024 | 9.10% | 22.88% | 0.28x | 1.44x | CA$-187.71 Million |
Industry Comparison
This section compares Agnico-Eagle Mines Ltd.'s net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Agnico-Eagle Mines Ltd. (0R2J) | CA$23.48 Billion | 4.87% | 0.39x | $48.39 Billion |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |