The Metals Royalty Company Inc. Common Stock (TMCR) - Net Assets
Based on the latest financial reports, The Metals Royalty Company Inc. Common Stock (TMCR) has net assets worth $31.19 Million USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($32.95 Million) and total liabilities ($1.76 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. Also explore TMCR asset base for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $31.19 Million |
| % of Total Assets | 94.65% |
| Annual Growth Rate | 20.86% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 22.74 |
The Metals Royalty Company Inc. Common Stock - Net Assets Trend (2023–2025)
This chart illustrates how The Metals Royalty Company Inc. Common Stock's net assets have evolved over time, based on quarterly financial data. Check TMCR tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for The Metals Royalty Company Inc. Common Stock (2023–2025)
The table below shows the annual net assets of The Metals Royalty Company Inc. Common Stock from 2023 to 2025. For live valuation and market cap data, see The Metals Royalty Company Inc. Common S (TMCR) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $31.19 Million | +45.74% |
| 2024-12-31 | $21.40 Million | +0.26% |
| 2023-12-31 | $21.34 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to The Metals Royalty Company Inc. Common Stock'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 83207500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $36.15 Million | 115.93% |
| Total Equity | $31.19 Million | 100.00% |
The Metals Royalty Company Inc. Common Stock Competitors by Market Cap
The table below lists competitors of The Metals Royalty Company Inc. Common Stock ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shanghai Kai Kai Industry Co Ltd A
SHG:600272
|
$290.00 Million |
|
Road Environment Technology Co. Ltd. A
SHG:688156
|
$290.04 Million |
|
Jiangsu Liance Electromechanical Technology Co. Ltd. A
SHG:688113
|
$290.05 Million |
|
Apeejay Surrendra Park Hotels Limited
NSE:PARKHOTELS
|
$290.25 Million |
|
Vox Royalty Corp.
TO:VOXR
|
$289.89 Million |
|
Guangdong TianYiMa Information Industry Co.Ltd.
SHE:301178
|
$289.86 Million |
|
Liuzhou Chemical Industry Co Ltd
SHG:600423
|
$289.85 Million |
|
Andfjord Salmon AS
OL:ANDF
|
$289.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in The Metals Royalty Company Inc. Common Stock's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,398,737 to 31,185,540, a change of 9,786,803 (45.7%).
- Net income of 1,115,351 contributed positively to equity growth.
- Share repurchases of 1,072,837 reduced equity.
- New share issuances of 22,820,892 increased equity.
- Other factors decreased equity by 13,076,603.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.12 Million | +3.58% |
| Share Repurchases | $1.07 Million | -3.44% |
| Share Issuances | $22.82 Million | +73.18% |
| Other Changes | $-13.08 Million | -41.93% |
| Total Change | $- | 45.74% |
Book Value vs Market Value Analysis
This analysis compares The Metals Royalty Company Inc. Common Stock'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: 9.30x
- 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 13.58x to 9.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2023-12-31 | $0.39 | $5.27 | x |
| 2024-12-31 | $0.39 | $5.27 | x |
| 2025-12-31 | $0.57 | $5.27 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently The Metals Royalty Company Inc. Common Stock 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): 3.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (3.58%) is above the historical average (-8.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | -27.55% | 0.00% | 0.00x | 1.01x | $-8.01 Million |
| 2024 | -1.32% | 0.00% | 0.00x | 1.00x | $-2.42 Million |
| 2025 | 3.58% | 0.00% | 0.00x | 1.06x | $-2.00 Million |
Industry Comparison
This section compares The Metals Royalty Company Inc. Common Stock'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: $46,327,358
- Average return on equity (ROE) among peers: -156.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| The Metals Royalty Company Inc. Common Stock (TMCR) | $31.19 Million | -27.55% | 0.06x | $289.90 Million |
| Almonty Industries Inc. Common Shares (ALM) | $48.51 Million | -18.22% | 3.85x | $3.95 Billion |
| REalloys Inc. (ALOY) | $-171.65K | 0.00% | 0.00x | $573.14 Million |
| Atlas Lithium Corporation Common Stock (ATLX) | $-1.96 Million | 0.00% | 0.00x | $78.31 Million |
| China Natural Resources Inc (CHNR) | $60.32 Million | -52.60% | 0.11x | $4.55 Million |
| Compass Minerals International Inc (CMP) | $-131.00 Million | 0.00% | 0.00x | $1.17 Billion |
| Critical Metals Corp. Ordinary Shares (CRML) | $-11.07 Million | 0.00% | 0.00x | $912.18 Million |
| Electra Battery Materials Corp (ELBM) | $99.64K | -1415.14% | 2.83x | $48.33 Million |
| Sayona Mining Limited American Depository Shares (ELVR) | $475.45 Million | -61.90% | 0.37x | $951.12 Million |
| Evolution Metals & Technologies Corp. Common Stock (EMAT) | $-1.40 Million | 0.00% | 0.00x | $2.96 Billion |
| Foremost Lithium Resource & Technology Ltd. Common stock (FMST) | $24.49 Million | -14.76% | 0.13x | $27.35 Million |
About The Metals Royalty Company Inc. Common Stock
The Metals Royalty Company Inc. engages in the acquisition and management of metals and mineral royalties, streams, and other related interests in North America. It primarily holds a 2.0% interest in the NORI property, a polymetallic nodule project located in southwest of San Diego, California. The company was formerly known as Low Carbon Royalties Inc. and changed its name to The Metals Royalty … Read more