Multistack International Ltd (MSI) - Net Assets

Latest as of December 2025: AU$-1.60 Million AUD ≈ $-1.13 Million USD

Based on the latest financial reports, Multistack International Ltd (MSI) has net assets worth AU$-1.60 Million AUD (≈ $-1.13 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$1.30 Million ≈ $917.84K USD) and total liabilities (AU$2.90 Million ≈ $2.05 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 Multistack International Ltd (MSI) tangible net worth to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AU$-1.60 Million
% of Total Assets	-123.38%
Annual Growth Rate	N/A
5-Year Change	-393.1%
10-Year Change	-163.29%
Growth Volatility	135.14

Multistack International Ltd - Net Assets Trend (1991–2025)

This chart illustrates how Multistack International Ltd's net assets have evolved over time, based on quarterly financial data. See MSI cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Multistack International Ltd (1991–2025)

The table below shows the annual net assets of Multistack International Ltd from 1991 to 2025. For live valuation and market cap data, see MSI stock market capitalisation.

Year	Net Assets	Change
2025-12-31	AU$-1.60 Million ≈ $-1.13 Million	+58.51%
2024-12-31	AU$-3.86 Million ≈ $-2.73 Million	-77.09%
2023-12-31	AU$-2.18 Million ≈ $-1.54 Million	-69.35%
2022-12-31	AU$-1.29 Million ≈ $-910.14K	-335.55%
2021-12-31	AU$546.08K ≈ $386.38K	+13.99%
2020-12-31	AU$479.05K ≈ $338.96K	-43.47%
2019-12-31	AU$847.37K ≈ $599.57K	-52.09%
2018-12-31	AU$1.77 Million ≈ $1.25 Million	-28.75%
2017-12-31	AU$2.48 Million ≈ $1.76 Million	-1.84%
2016-12-31	AU$2.53 Million ≈ $1.79 Million	-17.19%
2015-12-31	AU$3.05 Million ≈ $2.16 Million	-20.76%
2014-12-31	AU$3.85 Million ≈ $2.73 Million	+2.79%
2013-12-31	AU$3.75 Million ≈ $2.65 Million	-9.59%
2012-12-31	AU$4.15 Million ≈ $2.93 Million	-10.35%
2011-12-31	AU$4.63 Million ≈ $3.27 Million	-3.93%
2010-12-31	AU$4.82 Million ≈ $3.41 Million	-2.75%
2009-12-31	AU$4.95 Million ≈ $3.50 Million	+140.57%
2008-12-31	AU$2.06 Million ≈ $1.46 Million	-74.11%
2007-12-31	AU$7.95 Million ≈ $5.63 Million	+0.59%
2006-12-31	AU$7.90 Million ≈ $5.59 Million	-12.91%
2005-12-31	AU$9.07 Million ≈ $6.42 Million	-1.58%
2004-12-31	AU$9.22 Million ≈ $6.52 Million	-8.19%
2003-12-31	AU$10.04 Million ≈ $7.11 Million	-30.76%
2002-12-31	AU$14.50 Million ≈ $10.26 Million	-9.30%
2001-12-31	AU$15.99 Million ≈ $11.31 Million	-15.76%
2000-12-31	AU$18.98 Million ≈ $13.43 Million	-42.12%
1999-12-31	AU$32.80 Million ≈ $23.21 Million	-4.80%
1998-12-31	AU$34.45 Million ≈ $24.38 Million	-7.35%
1997-12-31	AU$37.18 Million ≈ $26.31 Million	-80.03%
1994-12-31	AU$186.23 Million ≈ $131.77 Million	+606.39%
1993-12-31	AU$26.36 Million ≈ $18.65 Million	+33.92%
1992-12-31	AU$19.69 Million ≈ $13.93 Million	+82.13%
1991-12-31	AU$10.81 Million ≈ $7.65 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Multistack International 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 12644.7% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	AU$156.84 Million	%
Total Equity	AU$-1.60 Million	100.00%

Multistack International Ltd Competitors by Market Cap

The table below lists competitors of Multistack International Ltd ranked by their market capitalization.

Company	Market Cap
Tongaat JSE:TON	$290.09K
East Star Resources PLC LSE:EST	$291.10K
TTA Holdings Ltd AU:TTA	$291.71K
TUT Fitness Group Inc V:GYM	$292.84K
Checkit PLC LSE:CKT	$289.11K
Global PVQ SE HM:QCE	$288.63K
Sino-German United AG F:SGU	$288.00K
Arecor Therapeutics PLC LSE:AREC	$287.12K

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from -3,857,672 to -1,600,521, a change of 2,257,151.
Net income of 2,257,151 contributed positively to equity growth.
Other factors decreased equity by 0.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AU$2.26 Million	+141.03%
Total Change	AU$-	%

Book Value vs Market Value Analysis

This analysis compares Multistack International 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

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1991-12-31	AU$0.40	AU$0.00	x
1992-12-31	AU$1.00	AU$0.00	x
1993-12-31	AU$1.03	AU$0.00	x
1994-12-31	AU$2.49	AU$0.00	x
1997-12-31	AU$0.28	AU$0.00	x
1998-12-31	AU$0.25	AU$0.00	x
1999-12-31	AU$0.25	AU$0.00	x
2000-12-31	AU$0.15	AU$0.00	x
2001-12-31	AU$0.11	AU$0.00	x
2002-12-31	AU$0.10	AU$0.00	x
2003-12-31	AU$0.06	AU$0.00	x
2004-12-31	AU$0.05	AU$0.00	x
2005-12-31	AU$0.10	AU$0.00	x
2006-12-31	AU$0.06	AU$0.00	x
2007-12-31	AU$0.06	AU$0.00	x
2008-12-31	AU$0.01	AU$0.00	x
2009-12-31	AU$0.04	AU$0.00	x
2010-12-31	AU$0.04	AU$0.00	x
2011-12-31	AU$0.04	AU$0.00	x
2012-12-31	AU$0.04	AU$0.00	x
2013-12-31	AU$0.03	AU$0.00	x
2014-12-31	AU$0.03	AU$0.00	x
2015-12-31	AU$0.03	AU$0.00	x
2016-12-31	AU$0.02	AU$0.00	x
2017-12-31	AU$0.02	AU$0.00	x
2018-12-31	AU$0.02	AU$0.00	x
2019-12-31	AU$0.01	AU$0.00	x
2020-12-31	AU$0.00	AU$0.00	x
2021-12-31	AU$0.00	AU$0.00	x
2022-12-31	AU$-0.01	AU$0.00	x
2023-12-31	AU$-0.02	AU$0.00	x
2024-12-31	AU$-0.03	AU$0.00	x
2025-12-31	AU$-0.01	AU$0.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Multistack International 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): 0.00%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1420.59%
• Asset Turnover: 0.12x
• Equity Multiplier: 0.00x
Recent ROE (0.00%) is above the historical average (-52.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1994	-1.07%	0.00%	0.00x	1.33x	AU$-20.02 Million
1997	-2.37%	0.00%	0.00x	3.42x	AU$-3.93 Million
1998	-1.53%	0.00%	0.00x	3.15x	AU$-3.31 Million
1999	-1.73%	0.00%	0.00x	2.52x	AU$-3.40 Million
2000	11.91%	6.24%	0.50x	3.79x	AU$313.40K
2001	-4.64%	-1.52%	0.65x	4.72x	AU$-1.81 Million
2002	-2.92%	-1.03%	0.62x	4.58x	AU$-1.43 Million
2003	-13.72%	-4.01%	0.64x	5.36x	AU$-1.65 Million
2004	-5.10%	-1.27%	0.68x	5.93x	AU$-900.40K
2005	15.23%	10.56%	0.41x	3.48x	AU$559.30K
2006	6.34%	3.18%	0.54x	3.66x	AU$-251.70K
2007	5.17%	2.58%	0.58x	3.46x	AU$-336.10K
2008	-1189.09%	-69.47%	0.53x	32.58x	AU$-8.57 Million
2009	120.02%	217.90%	0.50x	1.09x	AU$5.45 Million
2010	-2.82%	-6.02%	0.44x	1.08x	AU$-617.50K
2011	-4.09%	-9.20%	0.40x	1.10x	AU$-651.58K
2012	-12.20%	-33.18%	0.34x	1.08x	AU$-920.72K
2013	-6.40%	-15.97%	0.36x	1.12x	AU$-614.96K
2014	2.72%	4.59%	0.51x	1.15x	AU$-280.73K
2015	-26.19%	-44.67%	0.46x	1.26x	AU$-1.11 Million
2016	-20.76%	-64.10%	0.25x	1.32x	AU$-777.90K
2017	-1.88%	-3.52%	0.42x	1.27x	AU$-294.82K
2018	-40.37%	-100.07%	0.27x	1.48x	AU$-890.86K
2019	-106.49%	-127.15%	0.33x	2.53x	AU$-987.09K
2020	-76.82%	-61.25%	0.13x	9.96x	AU$-415.91K
2021	-207.48%	-175.97%	0.12x	10.23x	AU$-1.19 Million
2022	0.00%	-289.51%	0.13x	0.00x	AU$-1.70 Million
2023	0.00%	-50.60%	0.54x	0.00x	AU$-674.16K
2024	0.00%	-448.89%	0.10x	0.00x	AU$-1.29 Million
2025	0.00%	1420.59%	0.12x	0.00x	AU$2.42 Million

Industry Comparison

This section compares Multistack International Ltd's net assets metrics with peer companies in the Specialty Industrial Machinery industry.

Industry Context

Industry: Specialty Industrial Machinery
Average net assets among peers: $17,741,951
Average return on equity (ROE) among peers: -56.31%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Multistack International Ltd (MSI)	AU$-1.60 Million	-1.07%	N/A	$289.33K
Aurora Labs Ltd (A3D)	$2.20 Million	-200.99%	0.32x	$16.28 Million
Adrad Holdings Ltd (AHL)	$4.78 Million	-67.99%	0.79x	$75.22 Million
Axiom Properties Ltd (AXI)	$19.14 Million	28.75%	0.26x	$5.02 Million
Eden Innovations Ltd (EDE)	$2.16 Million	-81.58%	0.77x	$22.16 Million
Ordinary Fully Paid Deferred Settlement (EDEDA)	$3.98 Million	-189.77%	3.80x	$214.87
Ipd Group Ltd (IPG)	$50.00 Million	13.02%	0.95x	$462.77 Million
K-Tig Ltd (KTG)	$3.44 Million	-10.83%	0.02x	$10.63 Million
Laserbond Ltd (LBL)	$38.44 Million	9.17%	0.58x	$43.07 Million
Titomic Ltd (TTT)	$35.55 Million	-6.52%	0.23x	$255.69 Million

About Multistack International Ltd

AU:MSI Australia Specialty Industrial Machinery

Market Cap

$289.33K

AU$408.91K AUD

Market Cap Rank

#31013 Global

#1806 in Australia

Share Price

AU$0.00

Change (1 day)

+0.00%

52-Week Range

AU$0.00 - AU$0.01

All Time High

AU$0.13