MCS Services Ltd (MSG) - Net Assets
Based on the latest financial reports, MCS Services Ltd (MSG) has net assets worth AU$919.78K AUD (≈ $650.80K 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$4.30 Million ≈ $3.04 Million USD) and total liabilities (AU$3.38 Million ≈ $2.39 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. Check MSG asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | AU$919.78K |
| % of Total Assets | 21.39% |
| Annual Growth Rate | 7.58% |
| 5-Year Change | -57.84% |
| 10-Year Change | -34.36% |
| Growth Volatility | 124.06 |
MCS Services Ltd - Net Assets Trend (2008–2025)
This chart illustrates how MCS Services Ltd's net assets have evolved over time, based on quarterly financial data. Also explore MCS Services Ltd balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for MCS Services Ltd (2008–2025)
The table below shows the annual net assets of MCS Services Ltd from 2008 to 2025. For live valuation and market cap data, see MSG market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-06-30 | AU$1.14 Million ≈ $803.08K |
-25.72% |
| 2024-06-30 | AU$1.53 Million ≈ $1.08 Million |
-34.84% |
| 2023-06-30 | AU$2.35 Million ≈ $1.66 Million |
-38.01% |
| 2022-06-30 | AU$3.78 Million ≈ $2.68 Million |
+40.53% |
| 2021-06-30 | AU$2.69 Million ≈ $1.90 Million |
+159.34% |
| 2020-06-30 | AU$1.04 Million ≈ $734.45K |
+40.84% |
| 2019-06-30 | AU$737.00K ≈ $521.47K |
-23.78% |
| 2018-06-30 | AU$967.00K ≈ $684.21K |
-41.22% |
| 2017-06-30 | AU$1.65 Million ≈ $1.16 Million |
-4.86% |
| 2016-06-30 | AU$1.73 Million ≈ $1.22 Million |
+32.49% |
| 2015-06-30 | AU$1.30 Million ≈ $923.37K |
-49.87% |
| 2014-06-30 | AU$2.60 Million ≈ $1.84 Million |
-50.64% |
| 2013-06-30 | AU$5.27 Million ≈ $3.73 Million |
+5.02% |
| 2012-06-30 | AU$5.02 Million ≈ $3.55 Million |
+457.40% |
| 2011-06-30 | AU$901.00K ≈ $637.51K |
+183.33% |
| 2010-06-30 | AU$318.00K ≈ $225.01K |
+56.65% |
| 2009-06-30 | AU$203.00K ≈ $143.64K |
-38.11% |
| 2008-06-30 | AU$328.00K ≈ $232.08K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to MCS Services 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 2026400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | AU$18.39 Million | 1620.62% |
| Other Comprehensive Income | AU$3.00 Million | 264.76% |
| Total Equity | AU$1.14 Million | 100.00% |
MCS Services Ltd Competitors by Market Cap
The table below lists competitors of MCS Services Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Splash Beverage Group Inc
NYSE MKT:SBEV
|
$561.46K |
|
GAMES BOX S.A. ZY-10
F:ZN6
|
$562.53K |
|
Staffline Group Plc
LSE:STAF
|
$563.88K |
|
BRAXIA SCIENTIFIC CORP.
F:4960
|
$566.56K |
|
Society Pass Inc
NASDAQ:SOPA
|
$559.73K |
|
Vantex Resources Ltd
V:VAX
|
$556.63K |
|
NEWPATH RESOURCES INC.
F:0MZ
|
$556.56K |
|
RAFAKO SA
WAR:RFK
|
$555.38K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MCS Services Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,528,000 to 1,135,000, a change of -393,000 (-25.7%).
- Net loss of 396,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | AU$-396.00K | -34.89% |
| Other Changes | AU$3.00K | +0.26% |
| Total Change | AU$- | -25.72% |
Book Value vs Market Value Analysis
This analysis compares MCS Services 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: 0.70x
- 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 increased from 0.02x to 0.70x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-06-30 | AU$0.21 | AU$0.00 | x |
| 2009-06-30 | AU$0.13 | AU$0.00 | x |
| 2010-06-30 | AU$0.20 | AU$0.00 | x |
| 2011-06-30 | AU$0.58 | AU$0.00 | x |
| 2012-06-30 | AU$2.30 | AU$0.00 | x |
| 2013-06-30 | AU$3.04 | AU$0.00 | x |
| 2014-06-30 | AU$0.47 | AU$0.00 | x |
| 2015-06-30 | AU$0.06 | AU$0.00 | x |
| 2016-06-30 | AU$0.01 | AU$0.00 | x |
| 2017-06-30 | AU$0.01 | AU$0.00 | x |
| 2018-06-30 | AU$0.00 | AU$0.00 | x |
| 2019-06-30 | AU$0.00 | AU$0.00 | x |
| 2020-06-30 | AU$0.01 | AU$0.00 | x |
| 2021-06-30 | AU$0.01 | AU$0.00 | x |
| 2022-06-30 | AU$0.02 | AU$0.00 | x |
| 2023-06-30 | AU$0.01 | AU$0.00 | x |
| 2024-06-30 | AU$0.01 | AU$0.00 | x |
| 2025-06-30 | AU$0.01 | AU$0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MCS Services Ltd utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -34.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 3.63x
- Recent ROE (-34.89%) is above the historical average (-60.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -18.94% | 0.00% | 0.00x | 1.07x | AU$-94.93K |
| 2009 | -61.73% | 0.00% | 0.00x | 1.08x | AU$-145.62K |
| 2010 | -99.06% | 0.00% | 0.00x | 1.82x | AU$-346.80K |
| 2011 | -4.84% | 0.00% | 0.00x | 1.54x | AU$-133.54K |
| 2012 | -10.37% | 0.00% | 0.00x | 1.24x | AU$-1.02 Million |
| 2013 | -18.39% | 0.00% | 0.00x | 1.09x | AU$-1.50 Million |
| 2014 | -232.08% | 0.00% | 0.00x | 1.09x | AU$-6.30 Million |
| 2015 | -188.51% | 0.00% | 0.00x | 1.06x | AU$-2.59 Million |
| 2016 | -341.70% | -49.95% | 2.41x | 2.84x | AU$-6.08 Million |
| 2017 | 27.90% | 2.54% | 4.27x | 2.58x | AU$294.50K |
| 2018 | -70.01% | -3.54% | 4.72x | 4.19x | AU$-773.70K |
| 2019 | -23.20% | -0.73% | 4.34x | 7.37x | AU$-244.70K |
| 2020 | 30.44% | 1.26% | 4.74x | 5.10x | AU$212.20K |
| 2021 | 57.76% | 4.08% | 4.68x | 3.02x | AU$1.29 Million |
| 2022 | 28.18% | 2.43% | 4.92x | 2.35x | AU$687.70K |
| 2023 | -80.13% | -4.86% | 3.43x | 4.80x | AU$-2.11 Million |
| 2024 | -53.14% | -150.93% | 0.11x | 3.23x | AU$-964.80K |
| 2025 | -34.89% | 0.00% | 0.00x | 3.63x | AU$-509.50K |
Industry Comparison
This section compares MCS Services Ltd's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $11,437,465
- Average return on equity (ROE) among peers: -473.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MCS Services Ltd (MSG) | AU$919.78K | -18.94% | 3.67x | $560.67K |
| AVA Risk Group Ltd (AVA) | $32.04 Million | 42.91% | 0.35x | $12.36 Million |
| Ordinary Fully Paid Deferred Settlement (CDEDC) | $4.57 Million | -76.94% | 0.50x | $1.63 Million |
| Datadot Technology Ltd (DDT) | $5.90 Million | -2.72% | 0.31x | $3.44 Million |
| DTI Group Ltd (DTI) | $3.90 Million | -63.61% | 1.79x | $7.60 Million |
| Intelligent Monitoring Group Ltd (IMB) | $1.45 Million | -438.08% | 0.79x | $171.92 Million |
| Scout Security Ltd (SCT) | $-4.49 Million | 0.00% | 0.00x | $2.47 Million |
| Spectur Ltd (SP3) | $79.22K | -3254.31% | 56.61x | $4.40 Million |
| TZ Ltd (TZL) | $48.04 Million | 4.04% | 0.24x | $7.30 Million |
About MCS Services Ltd
MCS Services Limited, together with its subsidiaries, provides traffic management services in Western Australia. The company was formerly known as Red Gum Resources Limited. MCS Services Limited was incorporated in 2006 and is based in Joondalup, Australia.