Pan African Resources PLC
Pan African Resources PLC engages in the mining, extraction, production, and sale of gold in South Africa. Its flagship projects include the Barberton Mines that consists of three underground mines, including Fairview, Sheba, and Consort located in the Barberton Greenstone Belt; and Elikhulu tailings retreatment plant in Southern Africa. Pan African Resources PLC is headquartered in Johannesburg,… Read more
Pan African Resources PLC (PAFRY) - Net Assets
Latest net assets as of June 2025: $546.67 Million USD
Based on the latest financial reports, Pan African Resources PLC (PAFRY) has net assets worth $546.67 Million USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.00 Billion) and total liabilities ($457.84 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 | $546.67 Million |
| % of Total Assets | 54.42% |
| Annual Growth Rate | 8.64% |
| 5-Year Change | 92.74% |
| 10-Year Change | N/A |
| Growth Volatility | 30.04 |
Pan African Resources PLC - Net Assets Trend (2017–2025)
This chart illustrates how Pan African Resources 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 Pan African Resources PLC (2017–2025)
The table below shows the annual net assets of Pan African Resources PLC from 2017 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | $546.67 Million | +50.14% |
| 2024-06-30 | $364.10 Million | +23.59% |
| 2023-06-30 | $294.60 Million | 0.00% |
| 2022-06-30 | $294.61 Million | +3.87% |
| 2021-06-30 | $283.63 Million | +54.47% |
| 2020-06-30 | $183.62 Million | +0.02% |
| 2019-06-30 | $183.58 Million | +21.36% |
| 2018-06-30 | $151.27 Million | -46.32% |
| 2017-06-30 | $281.78 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pan African 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 446.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $717.64 Million | 130.76% |
| Total Equity | $548.83 Million | 100.00% |
Pan African Resources PLC Competitors by Market Cap
The table below lists competitors of Pan African Resources PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mirion Technologies Inc
NYSE:MIR
|
$4.38 Billion |
|
Lotes Co Ltd
TW:3533
|
$4.38 Billion |
|
Krafton Inc
KO:259960
|
$4.38 Billion |
|
Financiere de Tubize SA
LSE:0D53
|
$4.38 Billion |
|
Vinhomes JSC
VN:VHM
|
$4.37 Billion |
|
Food & Life Companies Ltd
F:2G0
|
$4.37 Billion |
|
MOL Magyar Olaj- és Gázipari Nyilvánosan Muködo Részvénytársaság
PR:MOL
|
$4.36 Billion |
|
Hunan Gold Corp Ltd
SHE:002155
|
$4.36 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pan African Resources PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 365,217,000 to 548,825,000, a change of 183,608,000 (50.3%).
- Net income of 141,597,000 contributed positively to equity growth.
- Other factors increased equity by 42,011,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $141.60 Million | +25.8% |
| Other Changes | $42.01 Million | +7.65% |
| Total Change | $- | 50.27% |
Book Value vs Market Value Analysis
This analysis compares Pan African 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: 38.23x
- 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 65.99x to 38.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-06-30 | $0.16 | $10.34 | x |
| 2018-06-30 | $0.08 | $10.34 | x |
| 2019-06-30 | $0.10 | $10.34 | x |
| 2020-06-30 | $0.10 | $10.34 | x |
| 2021-06-30 | $0.15 | $10.34 | x |
| 2022-06-30 | $0.15 | $10.34 | x |
| 2023-06-30 | $0.15 | $10.34 | x |
| 2024-06-30 | $0.19 | $10.34 | x |
| 2025-06-30 | $0.27 | $10.34 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pan African 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): 25.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.22%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.83x
- Recent ROE (25.80%) is above the historical average (10.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 8.27% | 10.68% | 0.54x | 1.44x | $-4.88 Million |
| 2018 | -80.61% | -87.58% | 0.40x | 2.29x | $-137.07 Million |
| 2019 | 20.72% | 17.48% | 0.55x | 2.14x | $19.68 Million |
| 2020 | 24.12% | 16.16% | 0.74x | 2.01x | $25.93 Million |
| 2021 | 26.33% | 20.25% | 0.76x | 1.70x | $46.33 Million |
| 2022 | 25.49% | 19.96% | 0.82x | 1.55x | $45.66 Million |
| 2023 | 20.72% | 19.01% | 0.64x | 1.70x | $31.63 Million |
| 2024 | 21.73% | 21.24% | 0.54x | 1.88x | $42.86 Million |
| 2025 | 25.80% | 26.22% | 0.54x | 1.83x | $86.71 Million |
Industry Comparison
This section compares Pan African Resources PLC's net assets metrics with peer companies in the Gold industry.
Industry Context
- Industry: Gold
- Average net assets among peers: $1,956,755,866
- Average return on equity (ROE) among peers: -68.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pan African Resources PLC (PAFRY) | $546.67 Million | 8.27% | 0.84x | $4.37 Billion |
| Almadex Minerals Ltd (AAMMF) | $14.43 Million | -15.31% | 0.02x | $11.47 Million |
| Allied Gold Corporation (AAUC) | $111.36 Million | -6.66% | 4.92x | $1.61 Billion |
| Aero Energy Limited (AAUGF) | $14.72 Million | -5.86% | 0.05x | $613.34K |
| Abcourt Mines Inc (ABMBF) | $542.08K | -7.78% | 0.16x | $27.58 Million |
| Aben Resources Ltd (ABNAF) | $925.43K | -59.62% | 0.09x | $1.17 Million |
| Advance Gold Corp (ADGCF) | $206.54K | -11.57% | 1.00x | $480.91K |
| Agnico Eagle Mines Limited (AEM) | $19.42 Billion | 10.18% | 0.48x | $105.00 Billion |
| Affinity Gold Corp (AFYG) | $241.37K | -497.12% | 0.10x | $4.68K |
| Andes Gold Corp (AGCZ) | $648.20K | -54.33% | 0.04x | $0.95 |
| Antioquia Gold Inc (AGDXF) | $1.57 Million | -38.90% | 0.28x | $1.44 Million |