Microequities Asset Management Group Ltd
Microequities Asset Management Group Limited provides investment fund management in Australia. It offers deep value, global value microcap, pure microcap, high income microcap, private to beyond the IPO, value earth, and value income funds. The company was formerly known as Microequities Ltd. and changed its name to Microequities Asset Management Group Limited in March 2018. Microequities Asset M… Read more
Microequities Asset Management Group Ltd (MAM) - Net Assets
Latest net assets as of December 2025: AU$27.17 Million AUD
Based on the latest financial reports, Microequities Asset Management Group Ltd (MAM) has net assets worth AU$27.17 Million AUD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$34.23 Million) and total liabilities (AU$7.06 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 | AU$27.17 Million |
| % of Total Assets | 79.37% |
| Annual Growth Rate | 23.93% |
| 5-Year Change | 17.04% |
| 10-Year Change | 300.75% |
| Growth Volatility | 36.21 |
Microequities Asset Management Group Ltd - Net Assets Trend (2014–2025)
This chart illustrates how Microequities Asset Management Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Microequities Asset Management Group Ltd (2014–2025)
The table below shows the annual net assets of Microequities Asset Management Group Ltd from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$23.38 Million | +10.88% |
| 2024-06-30 | AU$21.08 Million | +8.13% |
| 2023-06-30 | AU$19.50 Million | +3.52% |
| 2022-06-30 | AU$18.84 Million | -5.70% |
| 2021-06-30 | AU$19.97 Million | +107.71% |
| 2020-06-30 | AU$9.62 Million | +11.84% |
| 2019-06-30 | AU$8.60 Million | -2.08% |
| 2018-06-30 | AU$8.78 Million | +45.86% |
| 2017-12-31 | AU$6.02 Million | +3.20% |
| 2017-06-30 | AU$5.83 Million | +6.59% |
| 2016-06-30 | AU$5.47 Million | +94.71% |
| 2015-06-30 | AU$2.81 Million | +27.36% |
| 2014-06-30 | AU$2.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Microequities Asset Management Group 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 grown by 39318.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$20.22 Million | 86.49% |
| Common Stock | AU$2.57 Million | 10.98% |
| Other Comprehensive Income | AU$592.89K | 2.54% |
| Total Equity | AU$23.38 Million | 100.00% |
Microequities Asset Management Group Ltd Competitors by Market Cap
The table below lists competitors of Microequities Asset Management Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Qualstar Corporation
PINK:QBAK
|
$6.88 Million |
|
240600
KQ:240600
|
$6.88 Million |
|
Seosan Corporation
KQ:079650
|
$6.88 Million |
|
CIC39 Corp
VN:C32
|
$6.89 Million |
|
Karyon Industries Bhd
KLSE:0054
|
$6.87 Million |
|
Global Surfaces Limited
NSE:GSLSU
|
$6.86 Million |
|
Oricon Enterprises Limited
NSE:ORICONENT
|
$6.86 Million |
|
Voltaic Strategic Resources Ltd
AU:VSR
|
$6.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Microequities Asset Management Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,000,826 to 23,377,012, a change of 2,376,186 (11.3%).
- Net income of 7,149,776 contributed positively to equity growth.
- Dividend payments of 6,609,529 reduced retained earnings.
- Other comprehensive income increased equity by 136,513.
- Other factors increased equity by 1,699,426.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$7.15 Million | +30.58% |
| Dividends Paid | AU$6.61 Million | -28.27% |
| Other Comprehensive Income | AU$136.51K | +0.58% |
| Other Changes | AU$1.70 Million | +7.27% |
| Total Change | AU$- | 11.31% |
Book Value vs Market Value Analysis
This analysis compares Microequities Asset Management Group 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: 2.76x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 28.68x to 2.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-06-30 | AU$0.02 | AU$0.49 | x |
| 2015-06-30 | AU$0.02 | AU$0.49 | x |
| 2016-06-30 | AU$0.04 | AU$0.49 | x |
| 2017-06-30 | AU$0.04 | AU$0.49 | x |
| 2018-06-30 | AU$0.07 | AU$0.49 | x |
| 2019-06-30 | AU$0.07 | AU$0.49 | x |
| 2020-06-30 | AU$0.07 | AU$0.49 | x |
| 2021-06-30 | AU$0.15 | AU$0.49 | x |
| 2022-06-30 | AU$0.14 | AU$0.49 | x |
| 2023-06-30 | AU$0.15 | AU$0.49 | x |
| 2024-06-30 | AU$0.16 | AU$0.49 | x |
| 2025-06-30 | AU$0.18 | AU$0.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Microequities Asset Management Group 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): 30.58%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.33%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.27x
- Recent ROE (30.58%) is below the historical average (65.74%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 54.48% | 53.71% | 0.98x | 1.04x | AU$981.67K |
| 2015 | 63.32% | 51.17% | 1.13x | 1.10x | AU$1.48 Million |
| 2016 | 91.92% | 58.16% | 1.20x | 1.32x | AU$4.34 Million |
| 2017 | 222.36% | 80.81% | 1.54x | 1.79x | AU$12.39 Million |
| 2018 | 59.39% | 46.47% | 1.08x | 1.18x | AU$4.34 Million |
| 2019 | 29.46% | 35.57% | 0.74x | 1.12x | AU$1.67 Million |
| 2020 | 34.78% | 43.57% | 0.72x | 1.11x | AU$2.38 Million |
| 2021 | 70.15% | 68.20% | 0.85x | 1.21x | AU$12.02 Million |
| 2022 | 74.94% | 55.83% | 1.22x | 1.10x | AU$12.23 Million |
| 2023 | 29.03% | 48.52% | 0.54x | 1.11x | AU$3.71 Million |
| 2024 | 28.53% | 46.43% | 0.45x | 1.35x | AU$3.89 Million |
| 2025 | 30.58% | 47.33% | 0.51x | 1.27x | AU$4.81 Million |
Industry Comparison
This section compares Microequities Asset Management Group Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $589,126,514
- Average return on equity (ROE) among peers: -25.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Microequities Asset Management Group Ltd (MAM) | AU$27.17 Million | 54.48% | 0.26x | $6.88 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $52.17 Million | 4.80% | 0.04x | $5.49K |
| Australian Ethical Investment Ltd (AEF) | $20.82 Million | 45.43% | 0.62x | $241.24 Million |
| Australian Foundation Investment Company Ltd (AFI) | $3.98 Billion | 4.62% | 0.15x | $5.08 Billion |
| Alternative Investment Trust (AIQ) | $281.69 Million | 15.05% | 0.96x | $8.06K |
| Argo Global Listed Infrastructure Ltd (ALI) | $320.48 Million | -2.91% | 0.03x | $13.82K |
| Amcil Ltd (AMH) | $128.23 Million | 0.00% | 0.02x | $137.06 Million |
| Associate Global Partners Ltd (APL) | $6.41 Million | -310.27% | 0.73x | $1.95 Million |
| Ariadne Australia Ltd (ARA) | $59.71 Million | 8.64% | 0.74x | $17.16 Million |
| ARC Funds Ltd (ARC) | $2.90 Million | -21.10% | 0.01x | $1.21 Million |
| Australian United Investment Company Ltd (AUI) | $1.04 Billion | 5.35% | 0.27x | $395.51 Million |