Ecora Resources PLC (ECOR) - Net Assets
Based on the latest financial reports, Ecora Resources PLC (ECOR) has net assets worth GBX429.91 Million GBX (≈ $52.31K USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX590.76 Million ≈ $71.88K USD) and total liabilities (GBX160.85 Million ≈ $19.57K 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 ECOR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX429.91 Million |
| % of Total Assets | 72.77% |
| Annual Growth Rate | 9.51% |
| 5-Year Change | 102.15% |
| 10-Year Change | N/A |
| Growth Volatility | 20.46 |
Ecora Resources PLC - Net Assets Trend (2016–2024)
This chart illustrates how Ecora Resources PLC's net assets have evolved over time, based on quarterly financial data. Also explore Ecora Resources PLC balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Ecora Resources PLC (2016–2024)
The table below shows the annual net assets of Ecora Resources PLC from 2016 to 2024. For live valuation and market cap data, see ECOR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | GBX434.64 Million ≈ $52.88K |
-9.83% |
| 2023-12-31 | GBX482.02 Million ≈ $58.65K |
+15.13% |
| 2022-12-31 | GBX418.66 Million ≈ $50.94K |
+58.79% |
| 2021-12-31 | GBX263.65 Million ≈ $32.08K |
+22.63% |
| 2020-12-31 | GBX215.01 Million ≈ $26.16K |
-4.74% |
| 2019-12-31 | GBX225.71 Million ≈ $27.46K |
+3.49% |
| 2018-12-31 | GBX218.11 Million ≈ $26.54K |
-0.38% |
| 2017-12-31 | GBX218.94 Million ≈ $26.64K |
+4.19% |
| 2016-12-31 | GBX210.14 Million ≈ $25.57K |
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Equity Component Analysis
This analysis shows how different components contribute to Ecora Resources 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 41.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX174.63 Million | 40.18% |
| Common Stock | GBX6.53 Million | 1.50% |
| Other Comprehensive Income | GBX84.27 Million | 19.39% |
| Other Components | GBX169.21 Million | 38.93% |
| Total Equity | GBX434.64 Million | 100.00% |
Ecora Resources PLC Competitors by Market Cap
The table below lists competitors of Ecora Resources PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
New Plus Knitting Public Company Limited
BK:NPK
|
$4.08 Million |
|
Volcanic Gold Mines Inc
V:VG
|
$4.08 Million |
|
Railway Metrics & Dynamics Sweden AB
ST:RMDX
|
$4.08 Million |
|
Nordic Asia Investment Group 1987 AB Series B
ST:NAIG-B
|
$4.09 Million |
|
Izolacja Jarocin SA
WAR:IZO
|
$4.08 Million |
|
Aquaporin AS
CO:AQP
|
$4.07 Million |
|
Infinity Lithium Corporation Ltd
AU:INF
|
$4.07 Million |
|
Grand Foundry Limited
NSE:GFSTEELS
|
$4.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ecora Resources PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 378,113,429 to 434,638,000, a change of 56,524,571 (14.9%).
- Net loss of 9,827,000 reduced equity.
- Dividend payments of 10,836,000 reduced retained earnings.
- Share repurchases of 10,000,000 reduced equity.
- Other comprehensive income decreased equity by 19,025,001.
- Other factors increased equity by 106,212,572.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX-9.83 Million | -2.26% |
| Dividends Paid | GBX10.84 Million | -2.49% |
| Share Repurchases | GBX10.00 Million | -2.3% |
| Other Comprehensive Income | GBX-19.03 Million | -4.38% |
| Other Changes | GBX106.21 Million | +24.44% |
| Total Change | GBX- | 14.95% |
Book Value vs Market Value Analysis
This analysis compares Ecora Resources 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: 78.16x
- 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 108.27x to 78.16x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | GBX1.24 | GBX134.60 | x |
| 2017-12-31 | GBX1.22 | GBX134.60 | x |
| 2018-12-31 | GBX1.21 | GBX134.60 | x |
| 2019-12-31 | GBX1.24 | GBX134.60 | x |
| 2020-12-31 | GBX1.63 | GBX134.60 | x |
| 2021-12-31 | GBX1.27 | GBX134.60 | x |
| 2022-12-31 | GBX2.14 | GBX134.60 | x |
| 2023-12-31 | GBX1.46 | GBX134.60 | x |
| 2024-12-31 | GBX1.72 | GBX134.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ecora Resources 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): -2.26%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.49%
- • Asset Turnover: 0.11x
- • Equity Multiplier: 1.27x
- Recent ROE (-2.26%) is below the historical average (7.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 12.55% | 133.78% | 0.08x | 1.22x | GBX5.35 Million |
| 2017 | 4.81% | 26.61% | 0.16x | 1.16x | GBX-11.37 Million |
| 2018 | 13.20% | 62.45% | 0.17x | 1.23x | GBX6.98 Million |
| 2019 | 12.85% | 52.03% | 0.18x | 1.36x | GBX6.42 Million |
| 2020 | -6.34% | -54.69% | 0.12x | 0.98x | GBX-47.95 Million |
| 2021 | 10.34% | 31.95% | 0.22x | 1.46x | GBX884.08K |
| 2022 | 18.79% | 66.71% | 0.25x | 1.12x | GBX44.28 Million |
| 2023 | 0.22% | 1.37% | 0.10x | 1.68x | GBX-36.96 Million |
| 2024 | -2.26% | -16.49% | 0.11x | 1.27x | GBX-53.29 Million |
Industry Comparison
This section compares Ecora Resources PLC'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: $1,787,026,744
- Average return on equity (ROE) among peers: -11.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ecora Resources PLC (ECOR) | GBX429.91 Million | 12.55% | 0.37x | $4.08 Million |
| First Tin PLC (1SN) | $20.71 Million | -14.06% | 0.74x | $824.12K |
| Anglo American PLC (AAL) | $17.72 Billion | 7.07% | 0.47x | $468.03 Million |
| ACG Acquisition Co. Ltd. (ACG) | $58.31 Million | -22.45% | 2.63x | $4.54 Million |
| Adriatic Metals (ADT1) | $4.63 Million | -22.01% | 0.02x | $13.45 Million |
| Alba Mineral Resources (ALBA) | $-195.00K | 0.00% | 0.00x | $52.57K |
| Arc Minerals Limited (ARCM) | $20.97 Million | -6.97% | 0.01x | $68.72K |
| AfriTin Mining Ltd (ATM) | $18.94 Million | -9.41% | 0.13x | $1.02 Million |
| Anglesey Mining (AYM) | $12.36K | -14.04% | 0.25x | $35.88K |
| Beowulf Mining (BEM) | $15.62 Million | -18.33% | 0.03x | $41.48K |
| Bradda Head Holdings Ltd (BHL) | $12.26 Million | -16.08% | 0.09x | $80.79K |
About Ecora Resources PLC
Ecora Royalties PLC operates as a natural resource royalty and streaming company in Australia, North and South America, Europe, and internationally. It has royalties and investments in mining and exploration of various commodities, such as cobalt, steelmaking coal, iron ore, copper, nickel, vanadium, uranium, coking coal, calcium carbonate, chromite, gold, rare earth metals, and silver. The compa… Read more