Mustera Property Group Ltd (MPX) - Net Assets

Latest as of December 2025: AU$17.43 Million AUD ≈ $12.34 Million USD

Based on the latest financial reports, Mustera Property Group Ltd (MPX) has net assets worth AU$17.43 Million AUD (≈ $12.34 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (AU$41.98 Million ≈ $29.70 Million USD) and total liabilities (AU$24.55 Million ≈ $17.37 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 MPX total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$17.43 Million
% of Total Assets	41.53%
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. Check Mustera Property Group Ltd tangible book value ratio to evaluate the tangible quality of the company's equity base.

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. For live valuation and market cap data, see market cap of Mustera Property Group Ltd.

Year	Net Assets	Change
2025-06-30	AU$18.16 Million ≈ $12.85 Million	-12.53%
2024-06-30	AU$20.76 Million ≈ $14.69 Million	+58.95%
2023-06-30	AU$13.06 Million ≈ $9.24 Million	-26.21%
2022-06-30	AU$17.70 Million ≈ $12.52 Million	+30.87%
2021-06-30	AU$13.52 Million ≈ $9.57 Million	+15.47%
2020-06-30	AU$11.71 Million ≈ $8.29 Million	-8.34%
2019-06-30	AU$12.78 Million ≈ $9.04 Million	-40.47%
2018-06-30	AU$21.46 Million ≈ $15.19 Million	+82.68%
2017-06-30	AU$11.75 Million ≈ $8.31 Million	+7.64%
2016-06-30	AU$10.91 Million ≈ $7.72 Million	+12.53%
2015-06-30	AU$9.70 Million ≈ $6.86 Million	-6.74%
2014-06-30	AU$10.40 Million ≈ $7.36 Million	+223.69%
2013-06-30	AU$3.21 Million ≈ $2.27 Million	+3518.09%
2012-06-30	AU$-94.00K ≈ $-66.51K	-84.31%
2011-06-30	AU$-51.00K ≈ $-36.09K	--

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
ZHONGLIANG HLDG HD-01 F:3ZH	$10.40 Million
Saraswati Griya Lestari Tbk JK:HOTL	$10.40 Million
Pan Entertainment Co. Ltd KQ:068050	$10.40 Million
Karnalyte Resources Inc. TO:KRN	$10.41 Million
Eterna Therapeutics Inc NASDAQ:ERNA	$10.38 Million
Jenn Feng New Energy Co Ltd TW:1538	$10.38 Million
Sarthak Metals Limited NSE:SMLT	$10.38 Million
BIG Industries Bhd KLSE:7005	$10.36 Million

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: 0.81x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-06-30	AU$-0.01	AU$0.10	x
2014-06-30	AU$0.12	AU$0.10	x
2015-06-30	AU$0.10	AU$0.10	x
2016-06-30	AU$0.12	AU$0.10	x
2017-06-30	AU$0.12	AU$0.10	x
2018-06-30	AU$0.14	AU$0.10	x
2019-06-30	AU$0.12	AU$0.10	x
2020-06-30	AU$0.11	AU$0.10	x
2021-06-30	AU$0.12	AU$0.10	x
2022-06-30	AU$0.13	AU$0.10	x
2023-06-30	AU$0.09	AU$0.10	x
2024-06-30	AU$0.14	AU$0.10	x
2025-06-30	AU$0.12	AU$0.10	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: $120,035,488
Average return on equity (ROE) among peers: 8.14%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mustera Property Group Ltd (MPX)	AU$17.43 Million	0.00%	1.41x	$10.39 Million
Avjennings Ltd (AVJ)	$363.91 Million	11.24%	1.04x	$263.86 Million
CAQ Holdings Ltd (CAQ)	$5.57 Million	-6.26%	0.04x	$4.57 Million
Cedar Woods Properties Ltd (CWP)	$18.60 Million	8.65%	0.76x	$420.17 Million
Finbar Group Ltd (FRI)	$240.07 Million	1.31%	0.85x	$130.93 Million
Hudson Investment Group Ltd (HGL)	$24.80 Million	-1.35%	0.47x	$7.35 Million
Land & Homes Group Ltd (LHM)	$8.85 Million	-34.59%	4.32x	$5.20 Million
Peet Ltd (PPC)	$46.65 Million	78.96%	4.17x	$606.19 Million
Tian An Australia Ltd (TIA)	$881.00K	0.00%	0.83x	$10.42 Million
United Overseas Australia Ltd (UOS)	$370.98 Million	15.31%	0.24x	$808.27 Million

About Mustera Property Group Ltd

AU:MPX Australia Real Estate - Development

Market Cap

$10.39 Million

AU$14.68 Million AUD

Market Cap Rank

#26950 Global

#1283 in Australia

Share Price

AU$0.10

Change (1 day)

+0.00%

52-Week Range

AU$0.10 - AU$0.21

All Time High

AU$0.36