Gemfields Plc

LSE:GEM UK Other Precious Metals & Mining
Market Cap
$1.03 Million
GBX8.49 Billion GBX
Market Cap Rank
#44597 Global
#805 in UK
Share Price
GBX4.93
Change (1 day)
+0.00%
52-Week Range
GBX4.20 - GBX7.25
All Time High
GBX15.86
About

Gemfields Group Limited, together with its subsidiaries, operates as a mining company. It operates through Kagem Mining Limited, Montepuez Ruby Mining Limitada, Development Assets, Fabergé, Corporate, and Other segments. The company explores for emerald, beryl, ruby, corundum, gold, and allied minerals in Zambia, Mozambique, Ethiopia, and Madagascar. It also engages in the wholesale and retail of… Read more

Gemfields Plc (GEM) - Net Assets

Latest net assets as of June 2025: GBX410.18 Million GBX

Based on the latest financial reports, Gemfields Plc (GEM) has net assets worth GBX410.18 Million GBX as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX616.32 Million) and total liabilities (GBX206.14 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 GBX410.18 Million
% of Total Assets 66.55%
Annual Growth Rate 5.95%
5-Year Change -16.61%
10-Year Change 24.96%
Growth Volatility 33.16

Gemfields Plc - Net Assets Trend (2008–2024)

This chart illustrates how Gemfields 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 Gemfields Plc (2008–2024)

The table below shows the annual net assets of Gemfields Plc from 2008 to 2024.

Year Net Assets Change
2024-12-31 GBX402.78 Million -23.06%
2023-12-31 GBX523.49 Million -9.91%
2022-12-31 GBX581.10 Million +6.78%
2021-12-31 GBX544.20 Million +12.67%
2020-12-31 GBX483.02 Million -16.57%
2019-12-31 GBX578.94 Million +5.24%
2018-12-31 GBX550.12 Million -10.86%
2017-12-31 GBX617.11 Million +68.20%
2016-12-31 GBX366.89 Million +13.83%
2015-12-31 GBX322.32 Million -31.63%
2014-12-31 GBX471.45 Million +13.32%
2013-12-31 GBX416.05 Million +3.66%
2012-12-31 GBX401.36 Million +9.84%
2011-12-31 GBX365.40 Million -16.52%
2010-12-31 GBX437.71 Million +36.07%
2009-12-31 GBX321.68 Million +101.39%
2008-12-31 GBX159.73 Million --

Equity Component Analysis

This analysis shows how different components contribute to Gemfields 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 decreased by 10720213800.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock GBX12.00K 0.00%
Other Components GBX493.89 Million 142.86%
Total Equity GBX345.72 Million 100.00%

Gemfields Plc Competitors by Market Cap

The table below lists competitors of Gemfields Plc ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Gemfields Plc's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 438,172,000 to 345,723,000, a change of -92,449,000 (-21.1%).
  • Net loss of 82,143,000 reduced equity.
  • Dividend payments of 10,000,000 reduced retained earnings.
  • New share issuances of 251,000 increased equity.
  • Other comprehensive income decreased equity by 7,976,000.
  • Other factors increased equity by 7,419,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income GBX-82.14 Million -23.76%
Dividends Paid GBX10.00 Million -2.89%
Share Issuances GBX251.00K +0.07%
Other Comprehensive Income GBX-7.98 Million -2.31%
Other Changes GBX7.42 Million +2.15%
Total Change GBX- -21.10%

Book Value vs Market Value Analysis

This analysis compares Gemfields 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: 16.64x
  • 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 increased from 5.32x to 16.64x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 GBX0.93 GBX4.93 x
2009-12-31 GBX0.67 GBX4.93 x
2010-12-31 GBX0.92 GBX4.93 x
2011-12-31 GBX0.77 GBX4.93 x
2012-12-31 GBX0.64 GBX4.93 x
2013-12-31 GBX0.55 GBX4.93 x
2014-12-31 GBX0.62 GBX4.93 x
2015-12-31 GBX0.42 GBX4.93 x
2016-12-31 GBX0.48 GBX4.93 x
2017-12-31 GBX0.52 GBX4.93 x
2018-12-31 GBX0.36 GBX4.93 x
2019-12-31 GBX0.39 GBX4.93 x
2020-12-31 GBX0.35 GBX4.93 x
2021-12-31 GBX0.40 GBX4.93 x
2022-12-31 GBX0.39 GBX4.93 x
2023-12-31 GBX0.36 GBX4.93 x
2024-12-31 GBX0.30 GBX4.93 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Gemfields 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): -23.76%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -38.59%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 1.77x
  • Recent ROE (-23.76%) is below the historical average (-3.30%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 -29.07% 0.00% -0.21x 1.16x GBX-62.40 Million
2009 19.41% 93.72% 0.21x 1.00x GBX30.26 Million
2010 26.51% 60.23% 0.38x 1.17x GBX72.26 Million
2011 -19.79% 0.00% -0.38x 1.00x GBX-108.85 Million
2012 -9.73% -765.35% 0.01x 1.00x GBX-79.18 Million
2013 3.53% 281.40% 0.01x 1.00x GBX-26.92 Million
2014 11.75% 990.60% 0.01x 1.00x GBX8.26 Million
2015 -46.27% 0.00% -0.44x 1.00x GBX-181.36 Million
2016 12.15% 0.00% 0.00x 1.00x GBX7.88 Million
2017 7.03% 46.41% 0.10x 1.53x GBX-15.98 Million
2018 -13.06% -30.19% 0.28x 1.54x GBX-109.83 Million
2019 5.74% 13.12% 0.28x 1.59x GBX-21.06 Million
2020 -20.67% -246.72% 0.05x 1.59x GBX-126.54 Million
2021 10.92% 19.69% 0.35x 1.60x GBX4.28 Million
2022 11.58% 16.65% 0.44x 1.58x GBX7.73 Million
2023 -2.30% -3.85% 0.38x 1.59x GBX-53.91 Million
2024 -23.76% -38.59% 0.35x 1.77x GBX-116.72 Million

Industry Comparison

This section compares Gemfields 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: $1,856,299
  • Average return on equity (ROE) among peers: -56.62%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Gemfields Plc (GEM) GBX410.18 Million -29.07% 0.50x $12.59K
Botswana Diamonds plc (BOD) $6.31 Million -8.65% 0.08x $276.95
Caerus Mineral Resources PLC (CMRS) $-166.09K 0.00% 0.00x $1.01K
Cobra Resources PLC (COBR) $2.23 Million -45.24% 0.31x $5.41K
Eurasia Mining (EUA) $1.16 Million -50.13% 1.49x $16.16K
Fulcrum Metals PLC (FMET) $520.90K -118.95% 1.46x $1.85K
Gem Resources Plc (GEMR) $675.00K -269.93% 1.51x $300.44
Golden Metal Resources PLC (GMET) $11.72 Million -11.74% 0.07x $31.92K
Karelian Diamond Resources PLC (KDR) $1.88 Million -4.95% 0.34x $124.28
Nativo Resources plc (NTVO) $-7.62 Million 0.00% 0.00x $261.22