Forsys Metals Corp
Forsys Metals Corp. together with its subsidiaries, engages in the acquisition, exploration, and development of uranium mineral properties in Africa. Its flagship project is the Norasa uranium project comprising the Valencia uranium project; and the Namibplaas uranium project that covers approximately 1,266 hectares located in the Republic of Namibia. The company was formerly known as Forsys Tech… Read more
Forsys Metals Corp (FOSYF) - Net Assets
Latest net assets as of September 2025: $25.91 Million USD
Based on the latest financial reports, Forsys Metals Corp (FOSYF) has net assets worth $25.91 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($26.27 Million) and total liabilities ($358.54K). 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 | $25.91 Million |
| % of Total Assets | 98.63% |
| Annual Growth Rate | 15.67% |
| 5-Year Change | 51.44% |
| 10-Year Change | -75.18% |
| Growth Volatility | 206.79 |
Forsys Metals Corp - Net Assets Trend (1997–2024)
This chart illustrates how Forsys Metals Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Forsys Metals Corp (1997–2024)
The table below shows the annual net assets of Forsys Metals Corp from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $21.28 Million | -4.30% |
| 2023-12-31 | $22.24 Million | -11.64% |
| 2022-12-31 | $25.17 Million | +1.55% |
| 2021-12-31 | $24.79 Million | +76.37% |
| 2020-12-31 | $14.05 Million | -4.69% |
| 2019-12-31 | $14.74 Million | -4.52% |
| 2018-12-31 | $15.44 Million | -0.77% |
| 2017-12-31 | $15.56 Million | -82.42% |
| 2016-12-31 | $88.50 Million | +3.22% |
| 2015-12-31 | $85.75 Million | -4.80% |
| 2014-12-31 | $90.07 Million | -0.23% |
| 2013-12-31 | $90.28 Million | -9.62% |
| 2012-12-31 | $99.89 Million | +7.64% |
| 2011-12-31 | $92.80 Million | -4.04% |
| 2010-12-31 | $96.70 Million | -0.84% |
| 2009-12-31 | $97.53 Million | +3.49% |
| 2008-12-31 | $94.24 Million | -4.42% |
| 2007-12-31 | $98.60 Million | +334.76% |
| 2006-12-31 | $22.68 Million | +30.31% |
| 2005-12-31 | $17.40 Million | +1003.80% |
| 2004-12-31 | $1.58 Million | +1842.90% |
| 2003-12-31 | $-90.47K | -147.42% |
| 2002-12-31 | $190.79K | -44.98% |
| 2001-12-31 | $346.77K | -51.63% |
| 2000-12-31 | $716.88K | +19.15% |
| 1999-12-31 | $601.67K | -1.29% |
| 1998-12-31 | $609.51K | +45.88% |
| 1997-12-31 | $417.81K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Forsys Metals Corp'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 18448255300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $176.21 Million | 827.96% |
| Other Comprehensive Income | $-20.36 Million | -95.66% |
| Other Components | $50.18 Million | 235.80% |
| Total Equity | $21.28 Million | 100.00% |
Forsys Metals Corp Competitors by Market Cap
The table below lists competitors of Forsys Metals Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NeoPharm CO. LTD
KQ:092730
|
$55.87 Million |
|
NCS Multistage Holdings Inc
NASDAQ:NCSM
|
$55.88 Million |
|
Optex Systems Holdings, Inc. Common Stock
NASDAQ:OPXS
|
$55.88 Million |
|
Roda Vivatex Tbk
JK:RDTX
|
$55.92 Million |
|
Critical Elements Lithium Corporation
F:F12
|
$55.86 Million |
|
Keyang Electric Machinery Co Ltd
KO:012205
|
$55.86 Million |
|
AGROB Immobilien AG
F:AGR3
|
$55.86 Million |
|
Copper Giant Resources Corp.
F:29H0
|
$55.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forsys Metals Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 22,238,984 to 21,282,174, a change of -956,810 (-4.3%).
- Net loss of 2,661,000 reduced equity.
- Other comprehensive income increased equity by 731,506.
- Other factors increased equity by 972,684.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-2.66 Million | -12.5% |
| Other Comprehensive Income | $731.51K | +3.44% |
| Other Changes | $972.68K | +4.57% |
| Total Change | $- | -4.30% |
Book Value vs Market Value Analysis
This analysis compares Forsys Metals Corp'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: 4.07x
- 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 increased from 0.83x to 4.07x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $0.53 | $0.44 | x |
| 1998-12-31 | $0.77 | $0.44 | x |
| 1999-12-31 | $0.57 | $0.44 | x |
| 2000-12-31 | $0.67 | $0.44 | x |
| 2001-12-31 | $0.14 | $0.44 | x |
| 2002-12-31 | $0.08 | $0.44 | x |
| 2003-12-31 | $-0.04 | $0.44 | x |
| 2004-12-31 | $0.38 | $0.44 | x |
| 2005-12-31 | $0.81 | $0.44 | x |
| 2006-12-31 | $0.49 | $0.44 | x |
| 2007-12-31 | $1.35 | $0.44 | x |
| 2008-12-31 | $1.22 | $0.44 | x |
| 2009-12-31 | $1.24 | $0.44 | x |
| 2010-12-31 | $1.22 | $0.44 | x |
| 2011-12-31 | $1.13 | $0.44 | x |
| 2012-12-31 | $0.94 | $0.44 | x |
| 2013-12-31 | $0.82 | $0.44 | x |
| 2014-12-31 | $0.81 | $0.44 | x |
| 2015-12-31 | $0.70 | $0.44 | x |
| 2016-12-31 | $0.64 | $0.44 | x |
| 2017-12-31 | $0.11 | $0.44 | x |
| 2018-12-31 | $0.10 | $0.44 | x |
| 2019-12-31 | $0.09 | $0.44 | x |
| 2020-12-31 | $0.08 | $0.44 | x |
| 2021-12-31 | $0.13 | $0.44 | x |
| 2022-12-31 | $0.13 | $0.44 | x |
| 2023-12-31 | $0.11 | $0.44 | x |
| 2024-12-31 | $0.11 | $0.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forsys Metals Corp 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): -12.50%
- 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: 1.02x
- Recent ROE (-12.50%) is above the historical average (-31.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | -33.99% | -14.16% | 1.91x | 1.25x | $-183.78K |
| 1998 | -5.46% | -2.59% | 1.39x | 1.52x | $-94.25K |
| 1999 | -0.84% | -0.17% | 2.79x | 1.75x | $-65.21K |
| 2000 | 7.70% | 1.45% | 3.31x | 1.60x | $-16.47K |
| 2001 | -106.70% | -9.45% | 3.95x | 2.86x | $-404.68K |
| 2002 | -81.76% | -3.77% | 4.33x | 5.01x | $-175.08K |
| 2003 | 0.00% | 0.00% | 0.00x | 0.00x | $-272.21K |
| 2004 | -16.68% | 0.00% | 0.00x | 1.04x | $-420.68K |
| 2005 | -8.46% | -880.55% | 0.01x | 1.00x | $-3.21 Million |
| 2006 | -14.17% | -858.13% | 0.02x | 1.00x | $-5.48 Million |
| 2007 | -59.39% | -2653.42% | 0.02x | 1.00x | $-68.42 Million |
| 2008 | 0.00% | 0.00% | 0.00x | 1.22x | $-9.42 Million |
| 2009 | -4.94% | -2256.89% | 0.00x | 1.22x | $-14.57 Million |
| 2010 | -6.43% | -261.22% | 0.02x | 1.20x | $-15.89 Million |
| 2011 | -5.73% | 0.00% | 0.00x | 1.01x | $-14.60 Million |
| 2012 | -3.34% | 0.00% | 0.00x | 1.00x | $-13.34 Million |
| 2013 | -3.50% | 0.00% | 0.00x | 1.00x | $-12.21 Million |
| 2014 | -2.64% | 0.00% | 0.00x | 1.00x | $-11.41 Million |
| 2015 | -1.39% | -4729.08% | 0.00x | 1.00x | $-9.79 Million |
| 2016 | -1.69% | -13641.55% | 0.00x | 1.00x | $-10.37 Million |
| 2017 | -474.64% | 0.00% | 0.00x | 1.01x | $-76.46 Million |
| 2018 | -2.34% | 0.00% | 0.00x | 1.00x | $-1.93 Million |
| 2019 | -6.16% | 0.00% | 0.00x | 1.01x | $-2.38 Million |
| 2020 | -5.44% | 0.00% | 0.00x | 1.01x | $-2.17 Million |
| 2021 | -15.58% | 0.00% | 0.00x | 1.00x | $-6.34 Million |
| 2022 | 7.77% | 0.00% | 0.00x | 1.09x | $-560.50K |
| 2023 | -26.19% | 0.00% | 0.00x | 1.09x | $-8.05 Million |
| 2024 | -12.50% | 0.00% | 0.00x | 1.02x | $-4.79 Million |
Industry Comparison
This section compares Forsys Metals Corp'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: $2,436,539,064
- Average return on equity (ROE) among peers: -72.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Forsys Metals Corp (FOSYF) | $25.91 Million | -33.99% | 0.01x | $55.86 Million |
| Asia Broadband Inc (AABB) | $-384.18K | 0.00% | 0.00x | $228.54 |
| Altair Resources Inc (AAEEF) | $519.85K | -583.77% | 3.27x | $165.38K |
| Aftermath Silver Ltd (AAGFF) | $26.16 Million | -26.37% | 0.41x | $99.81 Million |
| Anglo American plc (AAUKF) | $24.32 Billion | 6.55% | 1.06x | $26.36 Billion |
| Abacus Mining & Exploration Corporation (ABCFF) | $-123.88K | 0.00% | 0.00x | $1.95 Million |
| Vision Lithium Inc (ABEPF) | $-384.45K | 0.00% | 0.00x | $3.75 Million |
| Arbor Metals Corp (ABRMF) | $700.32K | -22.12% | 0.03x | $3.05 Million |
| ACG Metals Limited (ACGAF) | $3.51 Million | -77.72% | 0.31x | $121.32 Million |
| ACME Lithium Inc (ACLHF) | $-1.00 Million | 0.00% | 0.00x | $561.74K |
| ACMNF (ACMNF) | $11.40 Million | -19.68% | 0.16x | $14.34 Million |