MAJESTIC GOLD
MAJESTIC GOLD operates in Diversified Metals & Mining.
MAJESTIC GOLD (MJT) - Net Assets
Latest net assets as of June 2024: €162.24 Million EUR
Based on the latest financial reports, MAJESTIC GOLD (MJT) has net assets worth €162.24 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 (€195.11 Million) and total liabilities (€32.86 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 | €162.24 Million |
| % of Total Assets | 83.16% |
| Annual Growth Rate | 14.89% |
| 5-Year Change | 71.39% |
| 10-Year Change | N/A |
| Growth Volatility | 13.35 |
MAJESTIC GOLD - Net Assets Trend (2016–2023)
This chart illustrates how MAJESTIC GOLD's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MAJESTIC GOLD (2016–2023)
The table below shows the annual net assets of MAJESTIC GOLD from 2016 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | €152.30 Million | +39.30% |
| 2022-09-30 | €109.33 Million | +17.80% |
| 2021-09-30 | €92.81 Million | +3.02% |
| 2020-09-30 | €90.09 Million | +1.39% |
| 2018-09-30 | €88.86 Million | +28.56% |
| 2017-09-30 | €69.12 Million | +19.91% |
| 2016-09-30 | €57.64 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MAJESTIC GOLD'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 3925864600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | €132.95 Million | 125.72% |
| Total Equity | €105.75 Million | 100.00% |
MAJESTIC GOLD Competitors by Market Cap
The table below lists competitors of MAJESTIC GOLD ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pakistan International Container Terminal Ltd
KAR:PICT
|
$937.63 |
|
Airea Plc
LSE:AIEA
|
$938.73 |
|
Core Nickel Corp.
V:CNCO
|
$939.29 |
|
Lanka Realty Investments PLC
CM:ASCON0000
|
$939.94 |
|
DALIAN PORT (PDA)-H
MU:D7P
|
$936.69 |
|
Hunter Creek Mining Co
PINK:HTRC
|
$934.53 |
|
Effector Therapeutics Inc
NASDAQ:EFTR
|
$933.26 |
|
Caledonian Trust PLC
LSE:CNN
|
$931.92 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MAJESTIC GOLD's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 87,053,259 to 105,745,946, a change of 18,692,687 (21.5%).
- Net income of 7,557,829 contributed positively to equity growth.
- New share issuances of 35,232,922 increased equity.
- Other factors decreased equity by 24,098,064.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €7.56 Million | +7.15% |
| Share Issuances | €35.23 Million | +33.32% |
| Other Changes | €-24.10 Million | -22.79% |
| Total Change | €- | 21.47% |
Book Value vs Market Value Analysis
This analysis compares MAJESTIC GOLD'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: 1.00x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.76x to 1.00x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-09-30 | €0.06 | €0.10 | x |
| 2018-09-30 | €0.07 | €0.10 | x |
| 2020-09-30 | €0.07 | €0.10 | x |
| 2021-09-30 | €0.08 | €0.10 | x |
| 2022-09-30 | €0.08 | €0.10 | x |
| 2023-09-30 | €0.10 | €0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MAJESTIC GOLD 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): 7.15%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.74%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.77x
- Recent ROE (7.15%) is above the historical average (5.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -6.88% | -10.48% | 0.30x | 2.20x | €-7.15 Million |
| 2017 | 4.25% | 7.55% | 0.28x | 2.02x | €-3.01 Million |
| 2018 | 6.26% | 13.01% | 0.27x | 1.76x | €-2.63 Million |
| 2020 | 12.29% | 18.01% | 0.41x | 1.65x | €1.76 Million |
| 2021 | 5.47% | 11.73% | 0.30x | 1.55x | €-3.73 Million |
| 2022 | 12.73% | 17.45% | 0.45x | 1.60x | €2.37 Million |
| 2023 | 7.15% | 13.74% | 0.29x | 1.77x | €-3.02 Million |
Industry Comparison
This section compares MAJESTIC GOLD's net assets metrics with peer companies in the Other industry.
Industry Context
- Industry: Other
- Average net assets among peers: $114,212,818,724
- Average return on equity (ROE) among peers: -9.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MAJESTIC GOLD (MJT) | €162.24 Million | -6.88% | 0.20x | $937.00 |
| HORIBA (01H) | $204.49 Billion | 10.42% | 0.82x | $989.01K |
| Tokyu Corporation (01T) | $779.37 Billion | 3.34% | 2.35x | $99.73K |
| GUANGZHOU AUTO -H- (02G) | $122.28 Billion | 6.59% | 0.55x | $4.05K |
| MOSAIC (02M) | $10.60 Billion | 4.43% | 0.90x | $280.83K |
| MOSAIC (02M.SG) (02M) | $9.56 Billion | 10.46% | 0.82x | $247.21K |
| CHINA JO-JO DRGSTRS (04CN.SG) (04CN) | $16.67 Million | -126.83% | 4.46x | $1.55 Million |
| KRAKATAU STEEL -B- (07K) | $552.59 Million | 3.52% | 4.72x | $166.99 |
| CN MODERN DAIRY (07M) | $7.12 Billion | -10.42% | 1.50x | $1.68K |
| TOURMALINE OIL (08T) | $7.22 Billion | 4.81% | 0.41x | $381.02K |
| ASIA CASSAVA RESOUR (0ACS) | $913.15 Million | 2.86% | 1.55x | $325.03 |