Ferrexpo plc
Ferrexpo plc, together with its subsidiaries, mines for, develops, processes, produces, markets, exports, and sells iron ore pellets to the metallurgical industry. It operates two mines and a processing plant near Kremenchuk in Ukraine; a fleet of vessels operating on the Rhine and Danube waterways; and an ocean-going vessel, which provides top-off services. The company is involved in mining, and… Read more
Ferrexpo plc (FEEXY) - Net Assets
Latest net assets as of June 2025: $739.75 Million USD
Based on the latest financial reports, Ferrexpo plc (FEEXY) has net assets worth $739.75 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 ($982.69 Million) and total liabilities ($242.94 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 | $739.75 Million |
| % of Total Assets | 75.28% |
| Annual Growth Rate | 6.45% |
| 5-Year Change | -38.07% |
| 10-Year Change | N/A |
| Growth Volatility | 30.33 |
Ferrexpo plc - Net Assets Trend (2017–2024)
This chart illustrates how Ferrexpo 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 Ferrexpo plc (2017–2024)
The table below shows the annual net assets of Ferrexpo plc from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $923.66 Million | -17.04% |
| 2023-12-31 | $1.11 Billion | -10.94% |
| 2022-12-31 | $1.25 Billion | -31.74% |
| 2021-12-31 | $1.83 Billion | +22.80% |
| 2020-12-31 | $1.49 Billion | +10.26% |
| 2019-12-31 | $1.35 Billion | +56.03% |
| 2018-12-31 | $866.90 Million | +45.34% |
| 2017-12-31 | $596.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ferrexpo 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 47.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $3.43 Billion | 370.92% |
| Common Stock | $121.63 Million | 13.17% |
| Total Equity | $923.59 Million | 100.00% |
Ferrexpo plc Competitors by Market Cap
The table below lists competitors of Ferrexpo plc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Farmers National Banc Corp
NASDAQ:FMNB
|
$451.68 Million |
|
East China Engineering Science and Technology Co Ltd
SHE:002140
|
$451.77 Million |
|
Jubilant Ingrevia Limited
NSE:JUBLINGREA
|
$451.89 Million |
|
Kelt Exploration Ltd
PINK:KELTF
|
$451.97 Million |
|
NEXA RESOURCES S.A. DL 1
F:NE0
|
$451.41 Million |
|
NAVIGATOR HLDGS LTD
F:1NV
|
$451.34 Million |
|
OIL&GAS REGS
IL:OGDC
|
$451.32 Million |
|
Beijing New Space Technology Co Ltd
SHG:605178
|
$451.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ferrexpo plc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,113,329,000 to 923,587,000, a change of -189,742,000 (-17.0%).
- Net loss of 50,046,000 reduced equity.
- Dividend payments of 46,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,628,033,999.
- Other factors decreased equity by 2,767,683,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-50.05 Million | -5.42% |
| Dividends Paid | $46.00K | -0.0% |
| Other Comprehensive Income | $2.63 Billion | +284.55% |
| Other Changes | $-2.77 Billion | -299.67% |
| Total Change | $- | -17.04% |
Book Value vs Market Value Analysis
This analysis compares Ferrexpo 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: 0.61x
- 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 3.80x to 0.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | $1.01 | $3.85 | x |
| 2018-12-31 | $1.47 | $3.85 | x |
| 2019-12-31 | $9.20 | $3.85 | x |
| 2020-12-31 | $10.13 | $3.85 | x |
| 2021-12-31 | $12.44 | $3.85 | x |
| 2022-12-31 | $8.49 | $3.85 | x |
| 2023-12-31 | $7.57 | $3.85 | x |
| 2024-12-31 | $6.28 | $3.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ferrexpo 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): -5.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.36%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.29x
- Recent ROE (-5.42%) is below the historical average (28.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 65.92% | 32.81% | 0.98x | 2.05x | $333.32 Million |
| 2018 | 38.58% | 26.19% | 0.92x | 1.61x | $247.13 Million |
| 2019 | 29.75% | 26.70% | 0.78x | 1.43x | $267.11 Million |
| 2020 | 42.60% | 37.36% | 0.87x | 1.31x | $486.15 Million |
| 2021 | 47.56% | 34.59% | 1.20x | 1.14x | $687.85 Million |
| 2022 | 17.60% | 17.62% | 0.92x | 1.08x | $94.98 Million |
| 2023 | -7.61% | -13.01% | 0.48x | 1.21x | $-196.11 Million |
| 2024 | -5.42% | -5.36% | 0.79x | 1.29x | $-142.40 Million |
Industry Comparison
This section compares Ferrexpo plc's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $10,879,360,340
- Average return on equity (ROE) among peers: 3.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ferrexpo plc (FEEXY) | $739.75 Million | 65.92% | 0.33x | $451.59 Million |
| Acerinox S.A. (ACRXF) | $1.93 Billion | -3.09% | 1.28x | $1.71 Billion |
| ArcelorMittal SA (AMSYF) | $11.98 Billion | 27.55% | 1.59x | $12.85 Billion |
| Angang Steel Company Limited (ANGGF) | $50.39 Billion | 11.12% | 0.77x | $641.51 Million |
| Aperam PK (APEMY) | $3.79 Billion | 7.21% | 0.73x | $1.17 Billion |
| Aperam SA (APMSF) | $2.52 Billion | 11.35% | 0.72x | $1.31 Billion |
| ArcelorMittal South Africa Ltd (ARCXF) | $28.00 Billion | 33.51% | 0.34x | $14.02 Million |
| Algoma Steel Group Inc (ASTL) | $173.80 Million | -92.29% | 7.94x | $268.31 Million |
| Algoma Steel Group Inc. Warrant (ASTLW) | $-530.90 Million | 0.00% | 0.00x | $6.22 Million |
| BCI Minerals Limited (BIRNF) | $103.61 Million | 12.45% | 0.26x | $227.67 Million |
| BlueScope Steel Limited (BLSFF) | $10.45 Billion | 26.90% | 0.59x | $5.72 Billion |