Atalaya Mining Plc
Atalaya Mining Copper, S.A., together with its subsidiaries, engages in the mineral exploration and development in Spain. The company's flagship property is the Proyecto Riotinto mine, an open-pit copper mine located in the Andalusia region of Spain. It explores for copper concentrates, silver by-products, and gold. The company was formerly known as Atalaya Mining Plc and changed its name to Atal… Read more
Atalaya Mining Plc (ATLMF) - Net Assets
Latest net assets as of September 2024: $502.96 Million USD
Based on the latest financial reports, Atalaya Mining Plc (ATLMF) has net assets worth $502.96 Million USD as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($652.83 Million) and total liabilities ($149.86 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 | $502.96 Million |
| % of Total Assets | 77.04% |
| Annual Growth Rate | 11.6% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.49 |
Atalaya Mining Plc - Net Assets Trend (2019–2023)
This chart illustrates how Atalaya Mining 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 Atalaya Mining Plc (2019–2023)
The table below shows the annual net assets of Atalaya Mining Plc from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | $492.39 Million | +5.60% |
| 2022-12-31 | $466.30 Million | +6.97% |
| 2021-12-31 | $435.90 Million | +24.47% |
| 2020-12-31 | $350.20 Million | +10.31% |
| 2019-12-31 | $317.46 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Atalaya Mining 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 12317200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $98.03 Million | 19.55% |
| Other Components | $403.47 Million | 80.45% |
| Total Equity | $501.50 Million | 100.00% |
Atalaya Mining Plc Competitors by Market Cap
The table below lists competitors of Atalaya Mining Plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
transcosmos inc
PINK:TRCLF
|
$433.28 Million |
|
IFCI Limited
NSE:IFCI
|
$433.35 Million |
|
Jiangsu Changhai Compos Material
SHE:300196
|
$433.44 Million |
|
Black Peony Group Co Ltd
SHG:600510
|
$433.47 Million |
|
Zhejiang Jindun Fans Co Ltd
SHE:300411
|
$433.09 Million |
|
BECE Legend Group Co Ltd
SHE:000803
|
$433.08 Million |
|
Jess-Link Products Co Ltd
TW:6197
|
$433.05 Million |
|
Fission Uranium Corp
OTCQX:FCUUF
|
$433.03 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atalaya Mining Plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 473,295,000 to 501,496,000, a change of 28,201,000 (6.0%).
- Net income of 38,769,000 contributed positively to equity growth.
- Dividend payments of 11,478,000 reduced retained earnings.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $38.77 Million | +7.73% |
| Dividends Paid | $11.48 Million | -2.29% |
| Other Changes | $910.00K | +0.18% |
| Total Change | $- | 5.96% |
Book Value vs Market Value Analysis
This analysis compares Atalaya Mining 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: 1.24x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.91x to 1.24x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | $2.33 | $4.45 | x |
| 2020-12-31 | $2.56 | $4.45 | x |
| 2021-12-31 | $3.19 | $4.45 | x |
| 2022-12-31 | $3.38 | $4.45 | x |
| 2023-12-31 | $3.59 | $4.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atalaya Mining 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): 7.73%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.39%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.34x
- Recent ROE (7.73%) is below the historical average (13.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 11.67% | 19.87% | 0.42x | 1.39x | $5.34 Million |
| 2020 | 8.90% | 12.45% | 0.50x | 1.43x | $-3.89 Million |
| 2021 | 30.32% | 32.94% | 0.69x | 1.33x | $89.56 Million |
| 2022 | 7.01% | 9.16% | 0.55x | 1.40x | $-14.17 Million |
| 2023 | 7.73% | 11.39% | 0.51x | 1.34x | $-11.38 Million |
Industry Comparison
This section compares Atalaya Mining Plc's net assets metrics with peer companies in the Copper industry.
Industry Context
- Industry: Copper
- Average net assets among peers: $809,847,892
- Average return on equity (ROE) among peers: -154.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atalaya Mining Plc (ATLMF) | $502.96 Million | 11.67% | 0.30x | $433.10 Million |
| Atlas Consolidated Mining and Development Corporation (ACMDY) | $5.76 Billion | -13.16% | 2.06x | $240.13 Million |
| Antofagasta PLC (ANFGF) | $1.28 Billion | 7.59% | 0.93x | $6.24 Billion |
| Trinity One Metals Ltd. (ARJNF) | $-188.82K | 0.00% | 0.00x | $100.13K |
| Amerigo Resources Ltd. (ARREF) | $132.68 Million | 0.00% | 0.55x | $151.75 Million |
| Arizona Sonoran Copper Company Inc. (ASCUF) | $44.08 Million | -29.63% | 0.23x | $218.14 Million |
| Alta Copper Corp. (ATCUF) | $62.65 Million | -1.27% | 0.02x | $17.41 Million |
| Bell Copper Corporation (BCUFF) | $9.40 Million | -12.90% | 0.16x | $2.22 Million |
| Giant Mining Corp. (BFGFF) | $824.41K | -253.66% | 0.31x | $18.49 Million |
| Blue River Resources Ltd (BRVRF) | $145.98K | -1083.66% | 2.72x | $704.59K |