Mirrabooka Investments Ltd Net Assets
Mirrabooka Investments Ltd net assets. Based on the latest financial reports, Mirrabooka Investments Ltd (MIR) has net assets worth AU$588.51 Million AUD (≈ $416.41 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$636.51 Million ≈ $450.37 Million USD) and total liabilities (AU$48.01 Million ≈ $33.97 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. Also explore MIR net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$588.51 Million |
| % of Total Assets | 92.46% |
| Annual Growth Rate | 7.48% |
| 5-Year Change | 27.87% |
| 10-Year Change | 72.05% |
| Growth Volatility | 16.72 |
Net Assets of Mirrabooka Investments Ltd (1999–2026)
Net assets of Mirrabooka Investments Ltd from 1999 to 2026. This chart illustrates how Mirrabooka Investments Ltd's net assets have evolved over time, based on quarterly financial data. See MIR net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Mirrabooka Investments Ltd (1999–2026)
The table below shows the annual net assets of Mirrabooka Investments Ltd from 1999 to 2026. For live market cap and overall valuation, see MIR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2026-06-30 | AU$588.51 Million ≈ $416.41 Million |
-11.14% |
| 2025-06-30 | AU$662.25 Million ≈ $468.58 Million |
+20.90% |
| 2024-06-30 | AU$547.77 Million ≈ $387.58 Million |
+8.59% |
| 2023-06-30 | AU$504.42 Million ≈ $356.91 Million |
+9.60% |
| 2022-06-30 | AU$460.23 Million ≈ $325.64 Million |
-11.11% |
| 2021-06-30 | AU$517.77 Million ≈ $366.36 Million |
+48.32% |
| 2020-06-30 | AU$349.10 Million ≈ $247.01 Million |
+1.17% |
| 2019-06-30 | AU$345.05 Million ≈ $244.14 Million |
-4.59% |
| 2018-06-30 | AU$361.65 Million ≈ $255.89 Million |
+5.73% |
| 2017-06-30 | AU$342.05 Million ≈ $242.02 Million |
+2.35% |
| 2016-06-30 | AU$334.21 Million ≈ $236.48 Million |
+13.83% |
| 2015-06-30 | AU$293.61 Million ≈ $207.75 Million |
-2.60% |
| 2014-06-30 | AU$301.44 Million ≈ $213.28 Million |
+13.92% |
| 2013-06-30 | AU$264.59 Million ≈ $187.22 Million |
+12.37% |
| 2012-06-30 | AU$235.47 Million ≈ $166.61 Million |
-1.27% |
| 2011-06-30 | AU$238.49 Million ≈ $168.75 Million |
+15.21% |
| 2010-06-30 | AU$207.00 Million ≈ $146.46 Million |
+11.20% |
| 2009-06-30 | AU$186.15 Million ≈ $131.71 Million |
-18.18% |
| 2008-06-30 | AU$227.52 Million ≈ $160.98 Million |
-13.99% |
| 2007-06-30 | AU$264.54 Million ≈ $187.18 Million |
+33.49% |
| 2006-06-30 | AU$198.17 Million ≈ $140.22 Million |
-1.06% |
| 2005-06-30 | AU$200.29 Million ≈ $141.72 Million |
+27.12% |
| 2004-06-30 | AU$157.55 Million ≈ $111.48 Million |
+53.25% |
| 2003-06-30 | AU$102.81 Million ≈ $72.74 Million |
+7.03% |
| 2002-06-30 | AU$96.05 Million ≈ $67.96 Million |
-2.45% |
| 2001-06-30 | AU$98.47 Million ≈ $69.67 Million |
+5.22% |
| 2000-06-30 | AU$93.58 Million ≈ $66.22 Million |
+11.53% |
| 1999-06-30 | AU$83.91 Million ≈ $59.37 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mirrabooka Investments 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 7609800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Mirrabooka Investments Ltd Net Assets Breakdown (June 2026)
Mirrabooka Investments Ltd net assets breakdown by equity component as of June 2026.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | AU$75.91 Million | 12.90% |
| Common Stock | AU$397.96 Million | 67.62% |
| Other Comprehensive Income | AU$114.64 Million | 19.48% |
| Total Equity | AU$588.51 Million | 100.00% |
Mirrabooka Investments Ltd Competitors by Market Cap
The table below lists competitors of Mirrabooka Investments Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Duratec Ltd
AU:DUR
|
$366.00 Million |
|
Vardhman Special Steels Limited
NSE:VSSL
|
$366.02 Million |
|
Innovative Solutions and Support
NASDAQ:ISSC
|
$366.06 Million |
|
Xingyuan Environment Technology Co Ltd
SHE:300266
|
$366.07 Million |
|
RattanIndia Power Limited
NSE:RTNPOWER
|
$365.88 Million |
|
G. Willi-Food International Ltd.
NASDAQ:WILCF
|
$365.74 Million |
|
Shanxi Yongdong Chemistry Industry Co Ltd
SHE:002753
|
$365.71 Million |
|
Jinsanjiang (Zhaoqing) Silicon Material Company Limited
SHE:301059
|
$365.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mirrabooka Investments Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 662,248,000 to 588,506,000, a change of -73,742,000 (-11.1%).
- Net income of 12,961,000 contributed positively to equity growth.
- Dividend payments of 20,272,000 reduced retained earnings.
- Other comprehensive income decreased equity by 27,795,000.
- Other factors decreased equity by 38,636,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$12.96 Million | +2.2% |
| Dividends Paid | AU$20.27 Million | -3.44% |
| Other Comprehensive Income | AU$-27.80 Million | -4.72% |
| Other Changes | AU$-38.64 Million | -6.57% |
| Total Change | AU$- | -11.14% |
Book Value vs Market Value Analysis
This analysis compares Mirrabooka Investments 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: 0.88x
- 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 decreased from 2.46x to 0.88x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-06-30 | AU$0.94 | AU$2.31 | x |
| 2000-06-30 | AU$1.05 | AU$2.31 | x |
| 2001-06-30 | AU$1.10 | AU$2.31 | x |
| 2002-06-30 | AU$1.08 | AU$2.31 | x |
| 2003-06-30 | AU$1.14 | AU$2.31 | x |
| 2004-06-30 | AU$1.48 | AU$2.31 | x |
| 2005-06-30 | AU$1.72 | AU$2.31 | x |
| 2006-06-30 | AU$1.70 | AU$2.31 | x |
| 2007-06-30 | AU$2.26 | AU$2.31 | x |
| 2008-06-30 | AU$1.90 | AU$2.31 | x |
| 2009-06-30 | AU$1.50 | AU$2.31 | x |
| 2010-06-30 | AU$1.65 | AU$2.31 | x |
| 2011-06-30 | AU$1.78 | AU$2.31 | x |
| 2012-06-30 | AU$1.73 | AU$2.31 | x |
| 2013-06-30 | AU$1.92 | AU$2.31 | x |
| 2014-06-30 | AU$2.17 | AU$2.31 | x |
| 2015-06-30 | AU$2.08 | AU$2.31 | x |
| 2016-06-30 | AU$2.23 | AU$2.31 | x |
| 2017-06-30 | AU$2.19 | AU$2.31 | x |
| 2018-06-30 | AU$2.29 | AU$2.31 | x |
| 2019-06-30 | AU$2.16 | AU$2.31 | x |
| 2020-06-30 | AU$2.16 | AU$2.31 | x |
| 2021-06-30 | AU$3.11 | AU$2.31 | x |
| 2022-06-30 | AU$2.57 | AU$2.31 | x |
| 2023-06-30 | AU$2.64 | AU$2.31 | x |
| 2024-06-30 | AU$2.84 | AU$2.31 | x |
| 2025-06-30 | AU$3.38 | AU$2.31 | x |
| 2026-06-30 | AU$2.63 | AU$2.31 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mirrabooka Investments Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 68.13%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.08x
- Recent ROE (2.20%) is below the historical average (3.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | -0.22% | 0.00% | 0.00x | 1.01x | AU$-8.58 Million |
| 2000 | 3.10% | 0.00% | 0.00x | 1.15x | AU$-6.46 Million |
| 2001 | 3.07% | 0.00% | -0.01x | 1.14x | AU$-6.83 Million |
| 2002 | 2.81% | 69.38% | 0.04x | 1.04x | AU$-6.90 Million |
| 2003 | 2.87% | 73.05% | 0.04x | 1.01x | AU$-7.33 Million |
| 2004 | 2.66% | 72.06% | 0.04x | 1.01x | AU$-11.57 Million |
| 2005 | 3.28% | 87.63% | 0.04x | 1.03x | AU$-13.47 Million |
| 2006 | 10.30% | 70.30% | 0.12x | 1.18x | AU$585.30K |
| 2007 | 9.26% | 74.62% | 0.10x | 1.22x | AU$-1.95 Million |
| 2008 | 12.79% | 65.38% | 0.17x | 1.14x | AU$6.34 Million |
| 2009 | -3.63% | -57.12% | 0.06x | 1.02x | AU$-25.37 Million |
| 2010 | 4.80% | 73.65% | 0.06x | 1.06x | AU$-10.75 Million |
| 2011 | 4.55% | 75.64% | 0.06x | 1.09x | AU$-12.99 Million |
| 2012 | 5.43% | 75.39% | 0.07x | 1.09x | AU$-10.76 Million |
| 2013 | 3.88% | 77.81% | 0.04x | 1.13x | AU$-16.19 Million |
| 2014 | 2.60% | 75.67% | 0.03x | 1.16x | AU$-22.32 Million |
| 2015 | 2.42% | 72.22% | 0.03x | 1.14x | AU$-22.25 Million |
| 2016 | 2.65% | 75.83% | 0.03x | 1.13x | AU$-24.58 Million |
| 2017 | 2.21% | 74.74% | 0.03x | 1.12x | AU$-26.64 Million |
| 2018 | 2.86% | 84.70% | 0.03x | 1.14x | AU$-25.81 Million |
| 2019 | 2.58% | 84.86% | 0.03x | 1.14x | AU$-25.59 Million |
| 2020 | 1.83% | 80.80% | 0.02x | 1.13x | AU$-28.52 Million |
| 2021 | 1.24% | 65.38% | 0.02x | 1.19x | AU$-45.34 Million |
| 2022 | 1.46% | 65.65% | 0.02x | 1.12x | AU$-39.30 Million |
| 2023 | 2.24% | 68.39% | 0.03x | 1.13x | AU$-39.13 Million |
| 2024 | 1.96% | 77.31% | 0.02x | 1.14x | AU$-44.05 Million |
| 2025 | 1.20% | 63.41% | 0.02x | 1.13x | AU$-58.30 Million |
| 2026 | 2.20% | 68.13% | 0.03x | 1.08x | AU$-45.89 Million |
Industry Comparison
This section compares Mirrabooka Investments Ltd's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $338,452,060
- Average return on equity (ROE) among peers: -3.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mirrabooka Investments Ltd (MIR) | AU$588.51 Million | -0.22% | 0.08x | $365.89 Million |
| Acorn Capital Investment Fund Ltd (ACQ) | $97.27 Million | 3.12% | 0.02x | $50.39 Million |
| Australian Ethical Investment Ltd (AEF) | $6.27 Million | 21.73% | 0.32x | $372.91 Million |
| Australian Foundation Investment Company Ltd (AFI) | $943.61 Million | 6.18% | 0.12x | $6.05 Billion |
| Alternative Investment Trust (AIQ) | $36.94 Million | 21.66% | 0.11x | $33.20 Million |
| Argo Global Listed Infrastructure Ltd (ALI) | $500.53 Million | 7.90% | 0.06x | $329.25 Million |
| Amcil Ltd (AMH) | $355.23 Million | 2.11% | 0.12x | $193.61 Million |
| Associate Global Partners Ltd (APL) | $17.01 Million | -0.22% | 0.90x | $11.51 Million |
| Ariadne Australia Ltd (ARA) | $97.84 Million | -68.65% | 2.50x | $64.62 Million |
| ARC Funds Ltd (ARC) | $2.07 Million | -35.80% | 0.05x | $2.55 Million |
| Argo Investments Ltd (ARG) | $1.33 Billion | 4.97% | 0.15x | $5.02 Billion |
About Mirrabooka Investments Ltd
Mirrabooka Investments Limited is a publicly owned investment manager. It invests in the public equity markets of Australia and New Zealand. The firm primarily invests in value stocks of small-cap and mid-cap companies, targeting companies which fall outside the top 50 listed companies, by market capitalization, on the Australian Stock Exchange. It employs fundamental analysis with a bottom-up st… Read more