Ferroglobe PLC (GSM) - Net Assets
Based on the latest financial reports, Ferroglobe PLC (GSM) has net assets worth $717.89 Million USD as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.55 Billion) and total liabilities ($831.60 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. Check GSM strategic asset allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $717.89 Million |
| % of Total Assets | 46.33% |
| Annual Growth Rate | -6.12% |
| 5-Year Change | 116.31% |
| 10-Year Change | -36.68% |
| Growth Volatility | 59.84 |
Ferroglobe PLC - Net Assets Trend (2011–2025)
This chart illustrates how Ferroglobe PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Ferroglobe PLC stock valuation.
Annual Net Assets for Ferroglobe PLC (2011–2025)
The table below shows the annual net assets of Ferroglobe PLC from 2011 to 2025. Also explore how fast is Ferroglobe PLC growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $692.26 Million | -17.02% |
| 2024-12-31 | $834.25 Million | -4.10% |
| 2023-12-31 | $869.89 Million | +14.94% |
| 2022-12-31 | $756.81 Million | +136.48% |
| 2021-12-31 | $320.03 Million | -12.49% |
| 2020-12-31 | $365.72 Million | -39.28% |
| 2019-12-31 | $602.30 Million | -36.18% |
| 2018-12-31 | $943.79 Million | -2.78% |
| 2017-12-31 | $970.78 Million | -11.21% |
| 2016-12-31 | $1.09 Billion | -15.57% |
| 2015-12-31 | $1.29 Billion | +155.08% |
| 2014-12-31 | $507.68 Million | -35.24% |
| 2013-12-31 | $783.97 Million | -1.81% |
| 2012-12-31 | $798.45 Million | -52.36% |
| 2011-12-31 | $1.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ferroglobe 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $692.26 Million | 100.00% |
| Total Equity | $692.26 Million | 100.00% |
Ferroglobe PLC Competitors by Market Cap
The table below lists competitors of Ferroglobe PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INKON Life Technology Co Ltd
SHE:300143
|
$796.19 Million |
|
Fox Factory Holding Corp
NASDAQ:FOXF
|
$796.32 Million |
|
Qt Group Oyj
HE:QTCOM
|
$796.78 Million |
|
Southern Missouri Bancorp Inc
NASDAQ:SMBC
|
$797.09 Million |
|
HPGC Renmintongtai Pharmaceutical Corp
SHG:600829
|
$795.95 Million |
|
Jiangsu Allfavor Intelligent Circuits Technology CO.Ltd
SHE:300964
|
$795.92 Million |
|
Shenzhen Centralcon Investment Holding Co Ltd
SHE:000042
|
$795.80 Million |
|
Hongbo Co Ltd
SHE:002229
|
$795.79 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ferroglobe PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 720,507,000 to 692,257,000, a change of -28,250,000 (-3.9%).
- Net loss of 170,700,000 reduced equity.
- Dividend payments of 10,451,000 reduced retained earnings.
- Share repurchases of 4,691,000 reduced equity.
- Other comprehensive income decreased equity by 614,517,000.
- Other factors increased equity by 772,109,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-170.70 Million | -24.66% |
| Dividends Paid | $10.45 Million | -1.51% |
| Share Repurchases | $4.69 Million | -0.68% |
| Other Comprehensive Income | $-614.52 Million | -88.77% |
| Other Changes | $772.11 Million | +111.54% |
| Total Change | $- | -3.92% |
Book Value vs Market Value Analysis
This analysis compares Ferroglobe 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: 1.16x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.19x to 1.16x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | $22.65 | $4.26 | x |
| 2012-12-31 | $3855.49 | $4.26 | x |
| 2013-12-31 | $7.78 | $4.26 | x |
| 2014-12-31 | $5.18 | $4.26 | x |
| 2015-12-31 | $12.99 | $4.26 | x |
| 2016-12-31 | $6.36 | $4.26 | x |
| 2017-12-31 | $5.64 | $4.26 | x |
| 2018-12-31 | $5.50 | $4.26 | x |
| 2019-12-31 | $2.86 | $4.26 | x |
| 2020-12-31 | $1.48 | $4.26 | x |
| 2021-12-31 | $1.21 | $4.26 | x |
| 2022-12-31 | $3.43 | $4.26 | x |
| 2023-12-31 | $3.93 | $4.26 | x |
| 2024-12-31 | $3.82 | $4.26 | x |
| 2025-12-31 | $3.68 | $4.26 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ferroglobe 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): -24.66%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.79%
- • Asset Turnover: 0.94x
- • Equity Multiplier: 2.05x
- Recent ROE (-24.66%) is below the historical average (-11.18%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 4.56% | 2.38% | 0.84x | 2.29x | $-41.92 Million |
| 2013 | 3.73% | 1.94% | 0.87x | 2.20x | $-47.87 Million |
| 2014 | 7.57% | 2.71% | 1.02x | 2.73x | $-12.33 Million |
| 2015 | -3.34% | -3.29% | 0.55x | 1.86x | $-172.77 Million |
| 2016 | -12.49% | -8.64% | 0.70x | 2.07x | $-245.89 Million |
| 2017 | 2.59% | 1.45% | 0.86x | 2.09x | $-71.91 Million |
| 2018 | 9.49% | 3.94% | 1.04x | 2.31x | $-4.85 Million |
| 2019 | -76.30% | -23.05% | 0.92x | 3.58x | $-417.88 Million |
| 2020 | -98.06% | -21.52% | 0.85x | 5.36x | $-271.46 Million |
| 2021 | -51.70% | -6.22% | 1.17x | 7.12x | $-132.02 Million |
| 2022 | 67.73% | 16.95% | 1.33x | 3.01x | $375.31 Million |
| 2023 | 11.05% | 5.01% | 0.94x | 2.35x | $7.86 Million |
| 2024 | 3.27% | 1.43% | 1.12x | 2.04x | $-48.51 Million |
| 2025 | -24.66% | -12.79% | 0.94x | 2.05x | $-239.93 Million |
Industry Comparison
This section compares Ferroglobe 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: $120,900,206
- Average return on equity (ROE) among peers: -2.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ferroglobe PLC (GSM) | $717.89 Million | 4.56% | 1.16x | $796.03 Million |
| Almonty Industries Inc. Common Shares (ALM) | $37.49 Million | -20.68% | 3.42x | $4.28 Billion |
| REalloys Inc. (ALOY) | $7.30 Million | -63.93% | 0.35x | $572.71 Million |
| Atlas Lithium Corporation Common Stock (ATLX) | $-1.27 Million | 0.00% | 0.00x | $88.47 Million |
| Blue Moon Metals Inc (BMM) | $665.07K | -38.67% | 0.22x | $556.82 Million |
| China Natural Resources Inc (CHNR) | $42.85 Million | 98.03% | 0.09x | $4.80 Million |
| Compass Minerals International Inc (CMP) | $-4.60 Million | 0.00% | 0.00x | $1.00 Billion |
| Critical Metals Corp. Ordinary Shares (CRML) | $151.00 Million | -0.23% | 0.06x | $966.53 Million |
| Electra Battery Materials Corp (ELBM) | $92.15 Million | -2.59% | 0.13x | $56.28 Million |
| Sayona Mining Limited American Depository Shares (ELVR) | $884.82 Million | -1.54% | 0.14x | $762.15 Million |
| Evolution Metals & Technologies Corp. Common Stock (EMAT) | $-1.40 Million | 0.00% | 0.00x | $1.99 Billion |
About Ferroglobe PLC
Ferroglobe PLC produces and sells silicon metal, and silicon and manganese-based alloys. It provides silicone metal that are used in a range of applications, including construction-related products, electronics, personal care items, and health care, as well as by primary and secondary aluminum producers. The company also offers silicomanganese, which is used as a deoxidizing agent in the steel ma… Read more