Medibank Private Ltd

AU:MPL Australia Insurance - Specialty
Market Cap
$7.28 Billion
AU$11.76 Billion AUD
Market Cap Rank
#2169 Global
#14 in Australia
Share Price
AU$4.27
Change (1 day)
+0.00%
52-Week Range
AU$4.10 - AU$5.26
All Time High
AU$5.26
Categories
Companies in Australia Insurance - Specialty
About

Medibank Private Limited provides private health insurance in Australia. The company operates in two segments, Health Insurance and Medibank Health. The Health Insurance segment provides private health insurance products, including hospital cover that offers members with health cover for hospital treatments; and ancillary cover, which provides members with health cover for healthcare services com… Read more

Medibank Private Ltd (MPL) - Net Assets

Latest net assets as of December 2025: AU$2.34 Billion AUD

Based on the latest financial reports, Medibank Private Ltd (MPL) has net assets worth AU$2.34 Billion 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$4.26 Billion) and total liabilities (AU$1.92 Billion). 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$2.34 Billion
% of Total Assets 54.86%
Annual Growth Rate 6.15%
5-Year Change 22.56%
10-Year Change -27.75%
Growth Volatility 25.31

Medibank Private Ltd - Net Assets Trend (2001–2025)

This chart illustrates how Medibank Private 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 Medibank Private Ltd (2001–2025)

The table below shows the annual net assets of Medibank Private Ltd from 2001 to 2025.

Year Net Assets Change
2025-06-30 AU$2.34 Billion +1.34%
2024-06-30 AU$2.31 Billion +10.59%
2023-06-30 AU$2.08 Billion +7.13%
2022-06-30 AU$1.95 Billion +2.07%
2021-06-30 AU$1.91 Billion +6.02%
2020-06-30 AU$1.80 Billion -49.85%
2019-06-30 AU$3.59 Billion +2.39%
2018-06-30 AU$3.50 Billion +2.14%
2017-06-30 AU$3.43 Billion +6.04%
2016-06-30 AU$3.23 Billion +4.26%
2015-06-30 AU$3.10 Billion +5.76%
2014-06-30 AU$2.93 Billion -4.71%
2013-06-30 AU$3.08 Billion +90.05%
2012-06-30 AU$1.62 Billion +2.14%
2011-06-30 AU$1.59 Billion -7.84%
2010-06-30 AU$1.72 Billion +19.42%
2009-06-30 AU$1.44 Billion +8.23%
2008-06-30 AU$1.33 Billion +16.40%
2007-06-30 AU$1.14 Billion +34.80%
2006-06-30 AU$848.20 Million +29.83%
2005-06-30 AU$653.30 Million +49.33%
2004-06-30 AU$437.50 Million +11.41%
2003-06-30 AU$392.70 Million +2.70%
2002-06-30 AU$382.39 Million -31.45%
2001-06-30 AU$557.86 Million --

Equity Component Analysis

This analysis shows how different components contribute to Medibank Private 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 298.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component Amount Percentage
Retained Earnings AU$2.22 Billion 95.19%
Common Stock AU$85.00 Million 3.64%
Other Comprehensive Income AU$27.40 Million 1.17%
Total Equity AU$2.34 Billion 100.00%

Medibank Private Ltd Competitors by Market Cap

The table below lists competitors of Medibank Private Ltd ranked by their market capitalization.

Company Market Cap
Mowi ASA
PINK:MNHVF
 		$7.07 Billion
Zhejiang Nhu Co Ltd
SHE:002001
 		$7.07 Billion
REXFORD IND.REALTY DL-01
F:3I0
 		$7.07 Billion
Piotech Inc. A
SHG:688072
 		$7.08 Billion
Zalando SE
OTCGREY:ZLDSF
 		$7.06 Billion
Amdocs Ltd
NASDAQ:DOX
 		$7.05 Billion
LEGRAND UNSP.ARD 1/5 EO 4
F:LRC0
 		$7.05 Billion
Intouch Holdings PCL
F:NVAM
 		$7.04 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Medibank Private Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 2,305,700,000 to 2,335,900,000, a change of 30,200,000 (1.3%).
  • Net income of 500,800,000 contributed positively to equity growth.
  • Dividend payments of 473,700,000 reduced retained earnings.
  • Share repurchases of 6,400,000 reduced equity.
  • Other comprehensive income decreased equity by 124,900,000.
  • Other factors increased equity by 134,400,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income AU$500.80 Million +21.44%
Dividends Paid AU$473.70 Million -20.28%
Share Repurchases AU$6.40 Million -0.27%
Other Comprehensive Income AU$-124.90 Million -5.35%
Other Changes AU$134.40 Million +5.75%
Total Change AU$- 1.31%

Book Value vs Market Value Analysis

This analysis compares Medibank Private 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: 5.03x
  • 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 decreased from 8.38x to 5.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-06-30 AU$0.51 AU$4.27 x
2014-06-30 AU$0.51 AU$4.27 x
2015-06-30 AU$0.52 AU$4.27 x
2016-06-30 AU$0.57 AU$4.27 x
2017-06-30 AU$0.62 AU$4.27 x
2018-06-30 AU$0.66 AU$4.27 x
2019-06-30 AU$0.70 AU$4.27 x
2020-06-30 AU$0.65 AU$4.27 x
2021-06-30 AU$0.69 AU$4.27 x
2022-06-30 AU$0.71 AU$4.27 x
2023-06-30 AU$0.76 AU$4.27 x
2024-06-30 AU$0.84 AU$4.27 x
2025-06-30 AU$0.85 AU$4.27 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Medibank Private 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): 21.44%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.85%
  • • Asset Turnover: 1.82x
  • • Equity Multiplier: 2.01x
  • Recent ROE (21.44%) is above the historical average (21.12%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 16.59% 3.88% 1.93x 2.22x AU$92.43 Million
2014 9.38% 2.02% 2.18x 2.13x AU$-8.59 Million
2015 19.79% 4.27% 2.13x 2.18x AU$141.10 Million
2016 26.45% 6.13% 2.08x 2.07x AU$259.73 Million
2017 26.14% 6.47% 2.01x 2.01x AU$277.52 Million
2018 24.33% 6.77% 1.86x 1.94x AU$262.18 Million
2019 23.70% 6.78% 1.86x 1.88x AU$265.16 Million
2020 17.52% 4.61% 1.82x 2.08x AU$135.22 Million
2021 23.15% 6.32% 1.78x 2.06x AU$250.59 Million
2022 20.25% 5.55% 1.56x 2.34x AU$199.34 Million
2023 24.52% 6.91% 1.69x 2.11x AU$302.66 Million
2024 21.36% 6.14% 1.71x 2.03x AU$261.93 Million
2025 21.44% 5.85% 1.82x 2.01x AU$267.21 Million

Industry Comparison

This section compares Medibank Private Ltd's net assets metrics with peer companies in the Insurance - Specialty industry.

Industry Context

  • Industry: Insurance - Specialty
  • Average net assets among peers: $3,761,737,000
  • Average return on equity (ROE) among peers: 4.36%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Medibank Private Ltd (MPL) AU$2.34 Billion 16.59% 0.82x $7.06 Billion
Helia Group Ltd (HLI) $3.76 Billion 4.36% 0.04x $761.39 Million