Peak Resources Limited
Peak Rare Earths Limited engages in the exploration and evaluation of mineral licenses. The company explores for rare earth deposit. The company also holds interest in the Ngualla Project located in Tanzania. The company was formerly known as Peak Resources Limited and changed its name to Peak Rare Earths Limited in December 2021. Peak Rare Earths Limited was incorporated in 2005 and is headquart… Read more
Peak Resources Limited (PKREF) - Net Assets
Latest net assets as of June 2024: $70.07 Million USD
Based on the latest financial reports, Peak Resources Limited (PKREF) has net assets worth $70.07 Million USD as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($72.59 Million) and total liabilities ($2.51 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 | $70.07 Million |
| % of Total Assets | 96.54% |
| Annual Growth Rate | 14.51% |
| 5-Year Change | 25.42% |
| 10-Year Change | 109.43% |
| Growth Volatility | 53.73 |
Peak Resources Limited - Net Assets Trend (2006–2024)
This chart illustrates how Peak Resources Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Peak Resources Limited (2006–2024)
The table below shows the annual net assets of Peak Resources Limited from 2006 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | $70.07 Million | -21.16% |
| 2023-06-30 | $88.88 Million | +25.44% |
| 2022-06-30 | $70.86 Million | +28.15% |
| 2021-06-30 | $55.29 Million | -1.03% |
| 2020-06-30 | $55.87 Million | +99.91% |
| 2019-06-30 | $27.95 Million | -10.48% |
| 2018-06-30 | $31.22 Million | +37.67% |
| 2017-06-30 | $22.68 Million | -15.68% |
| 2016-06-30 | $26.89 Million | -19.63% |
| 2015-06-30 | $33.46 Million | -7.43% |
| 2014-06-30 | $36.15 Million | +0.12% |
| 2013-06-30 | $36.10 Million | +27.77% |
| 2012-06-30 | $28.25 Million | +149.19% |
| 2011-06-30 | $11.34 Million | +127.36% |
| 2010-06-30 | $4.99 Million | +84.07% |
| 2009-06-30 | $2.71 Million | -42.75% |
| 2008-06-30 | $4.73 Million | -2.94% |
| 2007-06-30 | $4.88 Million | -20.18% |
| 2006-06-30 | $6.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Peak Resources Limited'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 12151080400.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $166.87 Million | 313.72% |
| Other Comprehensive Income | $8.13 Million | 15.28% |
| Total Equity | $53.19 Million | 100.00% |
Peak Resources Limited Competitors by Market Cap
The table below lists competitors of Peak Resources Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Grand-Tek Technology Co. Ltd.
TWO:3684
|
$24.79 Million |
|
Carma Limited
AU:CMA
|
$24.79 Million |
|
ZUE SA
WAR:ZUE
|
$24.79 Million |
|
Harvard Bioscience Inc
NASDAQ:HBIO
|
$24.80 Million |
|
Dongnam Chem
KO:023450
|
$24.78 Million |
|
P&S Robotics Co., Ltd.
KQ:460940
|
$24.77 Million |
|
Osmond Resources Ltd
AU:OSM
|
$24.77 Million |
|
Ninety One PLC
JSE:N91
|
$24.76 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Peak Resources Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 71,107,786 to 53,191,705, a change of -17,916,081 (-25.2%).
- Net loss of 17,281,000 reduced equity.
- Other comprehensive income decreased equity by 634,682.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-17.28 Million | -32.49% |
| Other Comprehensive Income | $-634.68K | -1.19% |
| Other Changes | $-399.00 | -0.0% |
| Total Change | $- | -25.20% |
Book Value vs Market Value Analysis
This analysis compares Peak Resources Limited'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: 0.40x
- 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 increased from 0.08x to 0.40x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-06-30 | $1.05 | $0.08 | x |
| 2008-06-30 | $0.90 | $0.08 | x |
| 2009-06-30 | $0.43 | $0.08 | x |
| 2010-06-30 | $0.49 | $0.08 | x |
| 2011-06-30 | $0.84 | $0.08 | x |
| 2012-06-30 | $1.55 | $0.08 | x |
| 2013-06-30 | $1.41 | $0.08 | x |
| 2014-06-30 | $1.19 | $0.08 | x |
| 2015-06-30 | $0.99 | $0.08 | x |
| 2016-06-30 | $0.67 | $0.08 | x |
| 2017-06-30 | $0.48 | $0.08 | x |
| 2018-06-30 | $0.53 | $0.08 | x |
| 2019-06-30 | $0.35 | $0.08 | x |
| 2020-06-30 | $0.48 | $0.08 | x |
| 2021-06-30 | $0.36 | $0.08 | x |
| 2022-06-30 | $0.36 | $0.08 | x |
| 2023-06-30 | $0.33 | $0.08 | x |
| 2024-06-30 | $0.20 | $0.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Peak Resources Limited 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): -32.49%
- 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: 1.36x
- Recent ROE (-32.49%) is below the historical average (-25.31%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -25.49% | 0.00% | 0.00x | 1.03x | $-1.73 Million |
| 2008 | -28.57% | 0.00% | 0.00x | 1.06x | $-1.83 Million |
| 2009 | -92.16% | 0.00% | 0.00x | 1.04x | $-2.77 Million |
| 2010 | -28.01% | -1910.87% | 0.01x | 1.05x | $-1.90 Million |
| 2011 | -19.76% | -1049.91% | 0.02x | 1.06x | $-3.37 Million |
| 2012 | -18.75% | -2027.92% | 0.01x | 1.06x | $-8.12 Million |
| 2013 | -7.94% | 0.00% | 0.00x | 1.05x | $-6.48 Million |
| 2014 | -8.71% | 0.00% | 0.00x | 1.02x | $-6.76 Million |
| 2015 | -12.54% | 0.00% | 0.00x | 1.33x | $-7.54 Million |
| 2016 | -59.10% | 0.00% | 0.00x | 1.14x | $-18.58 Million |
| 2017 | -21.55% | -18845.95% | 0.00x | 1.45x | $-7.15 Million |
| 2018 | -15.71% | 0.00% | 0.00x | 1.26x | $-8.02 Million |
| 2019 | -16.45% | -4652.06% | 0.00x | 1.31x | $-7.39 Million |
| 2020 | 13.70% | 0.00% | 0.00x | 1.12x | $2.07 Million |
| 2021 | -8.63% | 0.00% | 0.00x | 1.11x | $-10.30 Million |
| 2022 | -32.08% | 0.00% | 0.00x | 1.04x | $-29.82 Million |
| 2023 | -41.33% | 0.00% | 0.00x | 1.29x | $-36.50 Million |
| 2024 | -32.49% | 0.00% | 0.00x | 1.36x | $-22.60 Million |
Industry Comparison
This section compares Peak Resources Limited'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 |
|---|---|---|---|---|
| Peak Resources Limited (PKREF) | $70.07 Million | -25.49% | 0.04x | $24.79 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 |