Mineral & Financial Investments (MAFL) AI Stock Analysis

• Market Cap: £16.49M
• Dividend Yield: N/A
• Average Volume (3M): 133.83K
• Price to Earnings (P/E): 7.4
• Beta (1Y): 0.06
• Revenue Growth: -79.36%
• EPS Growth: 78.16%
• Country: UK
• Employees: 2
• Sector: Financial
• Sector Strength: 70
• Industry: Asset Management
• EPS (TTM): 0.03
• Shares Outstanding: 37,905,872
• 10 Day Avg. Volume: 161,341
• 30 Day Avg. Volume: 133,831
• PEG Ratio: 0.00
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: 47.00p ▲(8.05% Upside)

The score is primarily driven by mixed financial quality: a strong, low-debt balance sheet and improved reported profitability are offset by consistently negative operating/free cash flow and historically volatile operating results. Technicals are supportive with a clear uptrend, though momentum looks stretched. Valuation is a modest positive due to the low P/E, but lack of dividend data limits support.

Positive Factors

Strong Financial Stability

The company's robust financial position, characterized by high net income and strong equity support, provides a solid foundation for long-term growth and resilience against market fluctuations.

Strategic Portfolio Expansion

The acquisition of shares in the Sprott Physical Silver Trust aligns with the company's focus on precious metals, enhancing its portfolio and strengthening its market position in the commodities sector.

Strong H1-2025 Performance

The significant rise in NAV and net earnings reflects effective strategic focus and positions the company well for sustained performance amidst market volatility.

Negative Factors

Declining Revenue

The decline in revenue indicates potential challenges in maintaining market competitiveness and could impact future profitability if not addressed.

Cash Flow Management Issues

Poor cash flow management can strain operations and limit the company's ability to invest in growth opportunities, affecting long-term sustainability.

Operational Challenges

Negative EBIT and EBITDA margins suggest inefficiencies in operations, which could hinder profitability and require strategic adjustments to improve operational effectiveness.

Mineral & Financial Investments Business Overview & Revenue Model

Company Description

Mineral & Financial Investments Limited, an investment company, invests in natural resources, minerals, metals, and oil and gas projects in the Cayman Islands. The company is based in Grand Cayman, the Cayman Islands.

How the Company Makes Money

Mineral & Financial Investments (MAFL) makes money through a combination of capital appreciation and income from its investments in the mining and natural resources sector. The company's revenue streams include dividends and interest from its portfolio of investments, as well as potential capital gains from the sale of these investments. MAFL may also receive income from joint ventures or partnerships with mining companies, wherein it may share in the profits generated by these operations. By strategically selecting investments with strong growth potential or stable income, MAFL aims to enhance shareholder value and achieve its financial objectives.

Mineral & Financial Investments Financial Statement Overview

Summary

Strong solvency with minimal debt and a growing equity base supports resilience, and 2025 shows a sharp revenue rebound with positive EBIT and net income. However, operating performance has been volatile across prior years and operating/free cash flow is persistently negative, reducing earnings quality and visibility.

Income Statement

Profitability is headline-strong in the most recent annual period (2025) with positive EBIT (£2.32m) and net income (£2.17m), alongside a sharp rebound in revenue to £1.39m (+216.9% YoY). However, results are volatile: several prior years show negative EBIT/EBITDA (2021–2024) despite positive net income, and 2024 even had negative revenue—suggesting earnings are heavily influenced by non-operating or fair-value items rather than stable fee income. Overall: improving top-line and reported earnings, but low visibility and uneven operating performance.

Balance Sheet

The balance sheet is conservatively financed with minimal debt (about £16k debt vs £13.67m equity in 2025), implying very low leverage and strong solvency. Equity and assets have also grown materially over time (equity rising from ~£5.47m in 2020 to ~£13.67m in 2025), which supports financial resilience. The main weakness is not leverage but quality/consistency of returns, given the business shows volatile operating profitability in earlier years.

Cash Flow

Cash generation is weak and consistently negative: operating cash flow has been negative every year shown, including -£653k in 2025 and -£504k in 2024, with free cash flow matching those deficits. While free cash flow improved modestly in 2024 and 2025 versus prior years, the company is still burning cash, which can pressure liquidity over time and increases dependence on portfolio realizations, asset sales, or external funding despite the low debt load.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	1.39M	1.39M	-219.00K	119.00K	128.00K	99.00K
Gross Profit	0.00	1.35M	20.00K	96.00K	108.00K	80.00K
EBITDA	2.32M	2.32M	-441.00K	-469.00K	-403.00K	-242.00K
Net Income	2.17M	2.17M	2.00M	1.55M	899.00K	964.00K
Balance Sheet
Total Assets	14.15M	14.15M	11.80M	9.75M	7.68M	6.70M
Cash, Cash Equivalents and Short-Term Investments	10.20M	10.20M	11.78M	9.72M	7.66M	6.68M
Total Debt	16.00K	16.00K	10.00K	10.00K	10.00K	10.00K
Total Liabilities	475.00K	475.00K	358.00K	323.00K	228.00K	266.00K
Stockholders Equity	13.67M	13.67M	11.45M	9.42M	7.45M	6.44M
Cash Flow
Free Cash Flow	-653.00K	-653.00K	-504.00K	-620.00K	-348.00K	-272.00K
Operating Cash Flow	-653.00K	-653.00K	-504.00K	-620.00K	-348.00K	-272.00K
Investing Cash Flow	660.00K	660.00K	-151.00K	652.00K	-50.00K	852.00K
Financing Cash Flow	61.00K	61.00K	0.00	282.00K	25.00K	0.00

Mineral & Financial Investments Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 43.50
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:MAFL, the sentiment is Positive. The current price of 43.5 is above the 20-day moving average (MA) of 41.73, above the 50-day MA of 37.14, and above the 200-day MA of 28.80, indicating a bullish trend. The MACD of 2.22 indicates Negative momentum. The RSI at 60.28 is Neutral, neither overbought nor oversold. The STOCH value of 47.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:MAFL.

Mineral & Financial Investments Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	68 Neutral	$18.00B	11.42	9.92%	3.81%	9.73%	1.22%
MAFL	65 Neutral	£16.49M	7.45	―	―	-79.36%	78.16%
IIG	54 Neutral	£307.67M	-66.82	-1.34%	―	962.39%	-71.54%
EMVC	52 Neutral	£16.92M	-6.32	-14.80%	―	30.40%	23.48%
450	44 Neutral	£14.09M	-19.09	-21.85%	―	―	―
FIPP	43 Neutral	£12.10M	-1.65	-14.62%	―	-9.22%	-386.93%
TEAM	41 Neutral	£17.14M	-3.16	-36.43%	―	59.01%	-164.94%

Mineral & Financial Investments Corporate Events

Mineral & Financial Investments Delivers 19.5% NAV Growth Amid Mining Sector Recovery

Mineral & Financial Investments reported a strong set of audited results for the year to 30 June 2025, with net asset value rising 19.5% year-on-year to £13.68m and fully diluted NAV per share up 18.5% to 34.5p, despite an 8% decline in the US dollar against sterling, which adversely affected its largely dollar-denominated portfolio. Gross income increased to £2.9m, pre-tax profit climbed to £2.21m, and net profit reached £2.17m, extending a compound annual NAV growth rate of 26.6% since 2018, while the company maintained a debt-free balance sheet and expanded investable capital to £14.1m. Management highlighted that a nascent recovery in metals and mining, aided by moderating inflation, stable interest rates and firmer precious metals prices, has underpinned performance, and argued that persistent fiscal deficits in the US and a relatively weaker dollar should continue to support commodity and particularly precious metal prices, reinforcing the company’s strategic focus on the sector.

Mineral & Financial Investments Announces Director’s Share Sale

Mineral & Financial Investments Limited announced that Interactive Investor Services Nominees Limited sold 25,000 ordinary shares at a price of 33.18p per share on behalf of James Lesser, a Non-Executive Director. This transaction leaves Mr. Lesser with an indirect interest in 332,009 shares, representing 0.88% of the company’s enlarged issued share capital. The sale was conducted on the London Stock Exchange and is in compliance with the Market Abuse Regulation, reflecting the company’s commitment to transparency and regulatory adherence.