Platinum Group Metals Ltd (PTM) - Net Assets
Based on the latest financial reports, Platinum Group Metals Ltd (PTM) has net assets worth CA$96.49 Million CAD (≈ $69.80 Million USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$101.30 Million ≈ $73.28 Million USD) and total liabilities (CA$4.81 Million ≈ $3.48 Million USD). 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. Check tangible net worth ratio of Platinum Group Metals Ltd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$96.49 Million |
| % of Total Assets | 95.25% |
| Annual Growth Rate | 16.62% |
| 5-Year Change | 205.3% |
| 10-Year Change | -85.83% |
| Growth Volatility | 64.2 |
Platinum Group Metals Ltd - Net Assets Trend (2001–2025)
This chart illustrates how Platinum Group Metals Ltd's net assets have evolved over time, based on quarterly financial data. See PTM cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Platinum Group Metals Ltd (2001–2025)
The table below shows the annual net assets of Platinum Group Metals Ltd from 2001 to 2025. For live valuation and market cap data, see how much is Platinum Group Metals Ltd worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$59.45 Million ≈ $43.01 Million |
+19.50% |
| 2024-08-31 | CA$49.75 Million ≈ $35.99 Million |
+5.02% |
| 2023-08-31 | CA$47.37 Million ≈ $34.27 Million |
-8.11% |
| 2022-08-31 | CA$51.55 Million ≈ $37.29 Million |
+164.75% |
| 2021-08-31 | CA$19.47 Million ≈ $14.09 Million |
+570.02% |
| 2020-08-31 | CA$-4.14 Million ≈ $-3.00 Million |
-258.08% |
| 2019-08-31 | CA$-1.16 Million ≈ $-836.96K |
+94.08% |
| 2018-08-31 | CA$-19.53 Million ≈ $-14.13 Million |
+16.06% |
| 2017-08-31 | CA$-23.27 Million ≈ $-16.83 Million |
-105.55% |
| 2016-08-31 | CA$419.45 Million ≈ $303.42 Million |
-10.81% |
| 2015-08-31 | CA$470.28 Million ≈ $340.19 Million |
+0.57% |
| 2014-08-31 | CA$467.60 Million ≈ $338.26 Million |
+40.20% |
| 2013-08-31 | CA$333.53 Million ≈ $241.27 Million |
+49.81% |
| 2012-08-31 | CA$222.64 Million ≈ $161.05 Million |
-15.73% |
| 2011-08-31 | CA$264.19 Million ≈ $191.11 Million |
+172.26% |
| 2010-08-31 | CA$97.04 Million ≈ $70.20 Million |
+60.52% |
| 2009-08-31 | CA$60.45 Million ≈ $43.73 Million |
+116.83% |
| 2008-08-31 | CA$27.88 Million ≈ $20.17 Million |
-4.53% |
| 2007-08-31 | CA$29.20 Million ≈ $21.12 Million |
+26.51% |
| 2006-08-31 | CA$23.08 Million ≈ $16.70 Million |
+100.42% |
| 2005-08-31 | CA$11.52 Million ≈ $8.33 Million |
+87.87% |
| 2004-08-31 | CA$6.13 Million ≈ $4.43 Million |
+86.19% |
| 2003-08-31 | CA$3.29 Million ≈ $2.38 Million |
+33.96% |
| 2002-08-31 | CA$2.46 Million ≈ $1.78 Million |
+65.42% |
| 2001-08-31 | CA$1.49 Million ≈ $1.07 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Platinum Group Metals Ltd'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 78453069657.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | CA$953.56 Million | 2679.68% |
| Other Comprehensive Income | CA$-167.49 Million | -470.68% |
| Other Components | CA$34.58 Million | 97.18% |
| Total Equity | CA$35.59 Million | 100.00% |
Platinum Group Metals Ltd Competitors by Market Cap
The table below lists competitors of Platinum Group Metals Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shuttle Inc
TW:2405
|
$203.41 Million |
|
Trivium Real Estate Socimi SA
MC:YTRI
|
$203.53 Million |
|
Shanghai Jinqiao Export Processing Zone Development Co Ltd B
SHG:900911
|
$203.59 Million |
|
Minerva Neurosciences Inc
NASDAQ:NERV
|
$203.59 Million |
|
Eurocash S.A.
WAR:EUR
|
$203.18 Million |
|
Tong Ming Enterprise Co Ltd
TW:5538
|
$203.16 Million |
|
eGain Corporation
NASDAQ:EGAN
|
$203.13 Million |
|
LB Semicon Inc
KQ:061970
|
$203.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Platinum Group Metals Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 26,746,000 to 35,585,000, a change of 8,839,000 (33.0%).
- Net loss of 4,537,000 reduced equity.
- Share repurchases of 14,277,000 reduced equity.
- New share issuances of 14,186,000 increased equity.
- Other comprehensive income increased equity by 198,000.
- Other factors increased equity by 13,269,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-4.54 Million | -12.75% |
| Share Repurchases | CA$14.28 Million | -40.12% |
| Share Issuances | CA$14.19 Million | +39.87% |
| Other Comprehensive Income | CA$198.00K | +0.56% |
| Other Changes | CA$13.27 Million | +37.29% |
| Total Change | CA$- | 33.05% |
Book Value vs Market Value Analysis
This analysis compares Platinum Group Metals Ltd'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: 6.56x
- 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 0.08x to 6.56x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-08-31 | CA$27.70 | CA$2.22 | x |
| 2002-08-31 | CA$13.69 | CA$2.22 | x |
| 2003-08-31 | CA$7.98 | CA$2.22 | x |
| 2004-08-31 | CA$19.08 | CA$2.22 | x |
| 2005-08-31 | CA$26.73 | CA$2.22 | x |
| 2006-08-31 | CA$48.87 | CA$2.22 | x |
| 2007-08-31 | CA$50.31 | CA$2.22 | x |
| 2008-08-31 | CA$44.98 | CA$2.22 | x |
| 2009-08-31 | CA$83.42 | CA$2.22 | x |
| 2010-08-31 | CA$90.65 | CA$2.22 | x |
| 2011-08-31 | CA$153.62 | CA$2.22 | x |
| 2012-08-31 | CA$102.86 | CA$2.22 | x |
| 2013-08-31 | CA$86.74 | CA$2.22 | x |
| 2014-08-31 | CA$78.60 | CA$2.22 | x |
| 2015-08-31 | CA$59.86 | CA$2.22 | x |
| 2016-08-31 | CA$47.34 | CA$2.22 | x |
| 2017-08-31 | CA$-0.90 | CA$2.22 | x |
| 2018-08-31 | CA$-1.61 | CA$2.22 | x |
| 2019-08-31 | CA$-0.51 | CA$2.22 | x |
| 2020-08-31 | CA$-0.33 | CA$2.22 | x |
| 2021-08-31 | CA$0.03 | CA$2.22 | x |
| 2022-08-31 | CA$0.36 | CA$2.22 | x |
| 2023-08-31 | CA$0.26 | CA$2.22 | x |
| 2024-08-31 | CA$0.26 | CA$2.22 | x |
| 2025-08-31 | CA$0.34 | CA$2.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Platinum Group Metals Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -12.75%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.75x
- Recent ROE (-12.75%) is above the historical average (-39.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -20.96% | 0.00% | 0.00x | 1.20x | CA$-460.05K |
| 2002 | -39.22% | 0.00% | 0.00x | 1.14x | CA$-1.21 Million |
| 2003 | -38.36% | 0.00% | 0.00x | 1.12x | CA$-1.59 Million |
| 2004 | -27.86% | 0.00% | 0.00x | 1.14x | CA$-2.32 Million |
| 2005 | -27.75% | 0.00% | 0.00x | 1.15x | CA$-4.35 Million |
| 2006 | -15.10% | 0.00% | 0.00x | 1.08x | CA$-5.79 Million |
| 2007 | -21.91% | 0.00% | 0.00x | 1.19x | CA$-9.32 Million |
| 2008 | -17.17% | 0.00% | 0.00x | 1.10x | CA$-7.58 Million |
| 2009 | -10.52% | 0.00% | 0.00x | 1.01x | CA$-12.40 Million |
| 2010 | 29.06% | 0.00% | 0.00x | 1.38x | CA$16.49 Million |
| 2011 | -4.95% | 0.00% | 0.00x | 1.16x | CA$-37.70 Million |
| 2012 | -5.84% | 0.00% | 0.00x | 1.34x | CA$-28.93 Million |
| 2013 | -4.16% | 0.00% | 0.00x | 1.31x | CA$-39.92 Million |
| 2014 | -2.44% | 0.00% | 0.00x | 1.28x | CA$-49.03 Million |
| 2015 | -0.69% | 0.00% | 0.00x | 1.19x | CA$-44.52 Million |
| 2016 | -5.43% | 0.00% | 0.00x | 1.37x | CA$-58.75 Million |
| 2017 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-541.28 Million |
| 2018 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-35.61 Million |
| 2019 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-15.12 Million |
| 2020 | 0.00% | 0.00% | 0.00x | 0.00x | CA$-5.10 Million |
| 2021 | -691.90% | 0.00% | 0.00x | 27.12x | CA$-13.25 Million |
| 2022 | -25.36% | 0.00% | 0.00x | 1.65x | CA$-11.49 Million |
| 2023 | -22.01% | 0.00% | 0.00x | 1.94x | CA$-8.24 Million |
| 2024 | -17.23% | 0.00% | 0.00x | 1.95x | CA$-7.28 Million |
| 2025 | -12.75% | 0.00% | 0.00x | 1.75x | CA$-8.10 Million |
Industry Comparison
This section compares Platinum Group Metals Ltd's net assets metrics with peer companies in the Other Precious Metals & Mining industry.
Industry Context
- Industry: Other Precious Metals & Mining
- Average net assets among peers: $8,968,473
- Average return on equity (ROE) among peers: -5058.15%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Platinum Group Metals Ltd (PTM) | CA$96.49 Million | -20.96% | 0.05x | $203.21 Million |
| AbraSilver Resource Corp. (ABRA) | $400.64K | -52.81% | 0.13x | $1.85 Billion |
| Archon Minerals Ltd (ACS) | $31.39K | -50144.47% | 2027.88x | $3.15 Million |
| Arctic Star Exploration Corp (ADD) | $1.35 Million | -152.13% | 0.40x | $1.73 Million |
| Adyton Resources Corp (ADY) | $14.98 Million | 5.60% | 0.05x | $71.75 Million |
| Adamera Minerals Corp. (ADZ) | $4.33 Million | -30.35% | 0.10x | $5.10 Million |
| Austral Gold Ltd (AGLD) | $14.37 Million | -188.43% | 4.16x | $65.15 Million |
| Clean Air Metals Inc (AIR) | $23.22 Million | -5.48% | 0.17x | $11.78 Million |
| Alpha Exploration Ltd (ALEX) | $7.30 Million | -10.62% | 0.17x | $37.20 Million |
| American Creek Resources Ltd (AMK) | $12.62 Million | 7.02% | 0.02x | $54.98 Million |
| Azucar Minerals Ltd (AMZ) | $11.08 Million | -9.78% | 0.02x | $4.54 Million |
About Platinum Group Metals Ltd
Platinum Group Metals Ltd. engages in the acquisition, exploration, and development of platinum and palladium properties. The company explores for palladium, platinum, gold, copper, nickel, and rhodium deposits. It also holds 50.16 % interest in the Waterberg project located on the Northern Limb of the Bushveld Igneous Complex, South Africa. The company develops next-generation battery technology… Read more