Mustera Property Group Ltd
Mustera Property Group Limited, together with its subsidiaries, operates as a property investment and development company in Australia. The company operates through two segments, Property Investment and Property Development. It provides real estate development platform for residential, commercial, industrial, and mixed-use projects; and project tendering services. The company also offers manageme… Read more
Mustera Property Group Ltd (MPX) - Net Assets
Latest net assets as of June 2025: AU$18.16 Million AUD
Based on the latest financial reports, Mustera Property Group Ltd (MPX) has net assets worth AU$18.16 Million AUD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$44.18 Million) and total liabilities (AU$26.02 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$18.16 Million |
| % of Total Assets | 41.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | 34.28% |
| 10-Year Change | 66.37% |
| Growth Volatility | 67.61 |
Mustera Property Group Ltd - Net Assets Trend (2011–2025)
This chart illustrates how Mustera Property 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 Mustera Property Group Ltd (2011–2025)
The table below shows the annual net assets of Mustera Property Group Ltd from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$18.16 Million | -12.53% |
| 2024-06-30 | AU$20.76 Million | +58.95% |
| 2023-06-30 | AU$13.06 Million | -26.21% |
| 2022-06-30 | AU$17.70 Million | +30.87% |
| 2021-06-30 | AU$13.52 Million | +15.47% |
| 2020-06-30 | AU$11.71 Million | -8.34% |
| 2019-06-30 | AU$12.78 Million | -40.47% |
| 2018-06-30 | AU$21.46 Million | +82.68% |
| 2017-06-30 | AU$11.75 Million | +7.64% |
| 2016-06-30 | AU$10.91 Million | +12.53% |
| 2015-06-30 | AU$9.70 Million | -6.74% |
| 2014-06-30 | AU$10.40 Million | +223.69% |
| 2013-06-30 | AU$3.21 Million | +3518.09% |
| 2012-06-30 | AU$-94.00K | -84.31% |
| 2011-06-30 | AU$-51.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mustera Property 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 decreased by 617252000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$23.54 Million | 129.66% |
| Other Comprehensive Income | AU$880.00K | 4.85% |
| Total Equity | AU$18.16 Million | 100.00% |
Mustera Property Group Ltd Competitors by Market Cap
The table below lists competitors of Mustera Property Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VNCUF
OTCGREY:VNCUF
|
$410.04K |
|
Aviation Links Ltd
TA:AVIA
|
$410.36K |
|
SET Index
BK:^SET
|
$410.50K |
|
PDG Realty S.A. Empreendimentos e Participações
SA:PDGR3
|
$410.71K |
|
Salomon A Angel Ltd
TA:ANGL
|
$409.83K |
|
African Metals Corporation
V:AFR
|
$409.36K |
|
RED LAKE GOLD INC.
F:P11A
|
$409.28K |
|
ASTA Energy Solutions AG
VI:1AST
|
$408.82K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mustera Property Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,757,753 to 18,157,589, a change of -2,600,164 (-12.5%).
- Net loss of 2,600,165 reduced equity.
- Dividend payments of 286,417 reduced retained earnings.
- Other factors increased equity by 286,418.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-2.60 Million | -14.32% |
| Dividends Paid | AU$286.42K | -1.58% |
| Other Changes | AU$286.42K | +1.58% |
| Total Change | AU$- | -12.53% |
Book Value vs Market Value Analysis
This analysis compares Mustera Property 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: 1.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-06-30 | AU$-0.01 | AU$0.13 | x |
| 2014-06-30 | AU$0.12 | AU$0.13 | x |
| 2015-06-30 | AU$0.10 | AU$0.13 | x |
| 2016-06-30 | AU$0.12 | AU$0.13 | x |
| 2017-06-30 | AU$0.12 | AU$0.13 | x |
| 2018-06-30 | AU$0.14 | AU$0.13 | x |
| 2019-06-30 | AU$0.12 | AU$0.13 | x |
| 2020-06-30 | AU$0.11 | AU$0.13 | x |
| 2021-06-30 | AU$0.12 | AU$0.13 | x |
| 2022-06-30 | AU$0.13 | AU$0.13 | x |
| 2023-06-30 | AU$0.09 | AU$0.13 | x |
| 2024-06-30 | AU$0.14 | AU$0.13 | x |
| 2025-06-30 | AU$0.12 | AU$0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mustera Property 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): -14.32%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.99%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 2.43x
- Recent ROE (-14.32%) is below the historical average (-4.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.00% | 0.29% | 0.08x | 0.00x | AU$10.46K |
| 2014 | 0.08% | 1.04% | 0.05x | 1.59x | AU$-1.03 Million |
| 2015 | 4.16% | 35.37% | 0.06x | 1.88x | AU$-566.54K |
| 2016 | -0.32% | -2.32% | 0.04x | 3.20x | AU$-1.13 Million |
| 2017 | 6.88% | 4.64% | 0.62x | 2.39x | AU$-365.98K |
| 2018 | 4.82% | 5.83% | 0.24x | 3.49x | AU$-716.80K |
| 2019 | -12.66% | -53.24% | 0.06x | 3.86x | AU$-2.78 Million |
| 2020 | -9.26% | -39.98% | 0.06x | 3.89x | AU$-2.16 Million |
| 2021 | -18.10% | -45.12% | 0.13x | 3.15x | AU$-3.75 Million |
| 2022 | -12.63% | -59.93% | 0.07x | 3.03x | AU$-4.00 Million |
| 2023 | -44.05% | -255.29% | 0.03x | 6.22x | AU$-7.06 Million |
| 2024 | 40.03% | 12.08% | 1.17x | 2.82x | AU$6.23 Million |
| 2025 | -14.32% | -20.99% | 0.28x | 2.43x | AU$-4.42 Million |
Industry Comparison
This section compares Mustera Property Group Ltd's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $138,605,353
- Average return on equity (ROE) among peers: -44.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mustera Property Group Ltd (MPX) | AU$18.16 Million | 0.00% | 1.43x | $409.97K |
| Avjennings Ltd (AVJ) | $408.03 Million | 3.21% | 0.81x | $59.80 Million |
| CAQ Holdings Ltd (CAQ) | $-463.74K | 0.00% | 0.00x | $278.52K |
| Cedar Woods Properties Ltd (CWP) | $489.19 Million | 9.84% | 0.75x | $306.94 Million |
| Finbar Group Ltd (FRI) | $13.68 Million | -0.08% | 0.28x | $42.05 Million |
| Hudson Investment Group Ltd (HGL) | $28.33 Million | 2.91% | 0.88x | $2.21 Million |
| Land & Homes Group Ltd (LHM) | $332.28K | -432.87% | 2.51x | $371.24K |
| Peet Ltd (PPC) | $232.91 Million | 18.08% | 1.43x | $324.70 Million |
| Tian An Australia Ltd (TIA) | $68.03 Million | 1.08% | 3.52x | $354.63K |
| United Overseas Australia Ltd (UOS) | $7.40 Million | 0.04% | 0.47x | $26.62 Million |