Mirgor S.A. (MIRG) - Net Assets

Latest as of December 2025: AR$411.08 Billion ARS ≈ $297.46 Million USD

Based on the latest financial reports, Mirgor S.A. (MIRG) has net assets worth AR$411.08 Billion ARS (≈ $297.46 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 (AR$1.84 Trillion ≈ $1.33 Billion USD) and total liabilities (AR$1.43 Trillion ≈ $1.04 Billion 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 financial resilience of Mirgor S.A. to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	AR$411.08 Billion
% of Total Assets	22.31%
Annual Growth Rate	44.85%
5-Year Change	1324.12%
10-Year Change	24446.83%
Growth Volatility	55.73

Mirgor S.A. - Net Assets Trend (2000–2025)

This chart illustrates how Mirgor S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore MIRG total assets for the complete picture of this company's asset base.

Annual Net Assets for Mirgor S.A. (2000–2025)

The table below shows the annual net assets of Mirgor S.A. from 2000 to 2025. For live valuation and market cap data, see MIRG stock market capitalisation.

Year	Net Assets	Change
2025-12-31	AR$411.08 Billion ≈ $297.46 Million	+5.02%
2024-12-31	AR$391.44 Billion ≈ $283.24 Million	+269.83%
2023-12-31	AR$105.84 Billion ≈ $76.59 Million	+67.88%
2022-12-31	AR$63.05 Billion ≈ $45.62 Million	+118.41%
2021-12-31	AR$28.87 Billion ≈ $20.89 Million	+68.83%
2020-12-31	AR$17.10 Billion ≈ $12.37 Million	+98.67%
2019-12-31	AR$8.61 Billion ≈ $6.23 Million	+94.41%
2018-12-31	AR$4.43 Billion ≈ $3.20 Million	+74.73%
2017-12-31	AR$2.53 Billion ≈ $1.83 Million	+51.27%
2016-12-31	AR$1.67 Billion ≈ $1.21 Million	+30.13%
2015-12-31	AR$1.29 Billion ≈ $931.23K	+64.49%
2014-12-31	AR$782.35 Million ≈ $566.11K	+21.23%
2013-12-31	AR$645.35 Million ≈ $466.98K	+44.67%
2012-12-31	AR$446.09 Million ≈ $322.79K	+44.80%
2011-12-31	AR$308.07 Million ≈ $222.92K	+35.83%
2010-12-31	AR$226.80 Million ≈ $164.12K	+15.68%
2009-12-31	AR$196.05 Million ≈ $141.87K	-4.89%
2008-12-31	AR$206.14 Million ≈ $149.17K	+16.01%
2007-12-31	AR$177.70 Million ≈ $128.58K	+45.15%
2006-12-31	AR$122.43 Million ≈ $88.59K	+48.54%
2005-12-31	AR$82.42 Million ≈ $59.64K	+31.46%
2004-12-31	AR$62.70 Million ≈ $45.37K	+13.18%
2003-12-31	AR$55.40 Million ≈ $40.08K	-7.93%
2002-12-31	AR$60.17 Million ≈ $43.54K	+80.06%
2001-12-31	AR$33.42 Million ≈ $24.18K	-14.29%
2000-12-31	AR$38.99 Million ≈ $28.21K	--

Equity Component Analysis

This analysis shows how different components contribute to Mirgor S.A.'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 1181380.3% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	AR$398.92 Billion	98.96%
Other Components	AR$4.20 Billion	1.04%
Total Equity	AR$403.11 Billion	100.00%

Mirgor S.A. Competitors by Market Cap

The table below lists competitors of Mirgor S.A. ranked by their market capitalization.

Company	Market Cap
Allied Machinery Co. Ltd. SHG:605060	$2.06 Billion
MLS Co Ltd SHE:002745	$2.06 Billion
Maxvision Technology Corp SHE:002990	$2.06 Billion
Extendicare Inc TO:EXE	$2.06 Billion
Fidelis Insurance Holdings Limited NYSE:FIHL	$2.06 Billion
Huron Consulting Group Inc NASDAQ:HURN	$2.06 Billion
ORG Packaging Co Ltd SHE:002701	$2.06 Billion
Henan Hanwei Electronics Co SHE:300007	$2.06 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Mirgor S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 388,624,000,000 to 403,114,000,000, a change of 14,490,000,000 (3.7%).
Net income of 12,579,000,000 contributed positively to equity growth.
Dividend payments of 8,130,000,000 reduced retained earnings.
Other factors increased equity by 10,041,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	AR$12.58 Billion	+3.12%
Dividends Paid	AR$8.13 Billion	-2.02%
Other Changes	AR$10.04 Billion	+2.49%
Total Change	AR$-	3.73%

Book Value vs Market Value Analysis

This analysis compares Mirgor S.A.'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: 8.55x
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 1361.30x to 8.55x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-12-31	AR$14.07	AR$19150.00	x
2018-12-31	AR$245.81	AR$19150.00	x
2019-12-31	AR$479.60	AR$19150.00	x
2020-12-31	AR$1091.77	AR$19150.00	x
2021-12-31	AR$2035.84	AR$19150.00	x
2022-12-31	AR$4849.66	AR$19150.00	x
2023-12-31	AR$6703.18	AR$19150.00	x
2024-12-31	AR$22199.50	AR$19150.00	x
2025-12-31	AR$2240.51	AR$19150.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mirgor S.A. 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): 3.12%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.46%
• Asset Turnover: 1.48x
• Equity Multiplier: 4.57x
Recent ROE (3.12%) is below the historical average (8.34%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2004	11.64%	3.62%	1.60x	2.01x	AR$1.03 Million
2005	23.93%	6.83%	1.53x	2.28x	AR$11.48 Million
2006	32.68%	7.06%	1.86x	2.49x	AR$27.76 Million
2007	33.36%	7.23%	1.74x	2.66x	AR$41.50 Million
2008	13.80%	2.68%	1.80x	2.85x	AR$7.83 Million
2010	13.56%	1.80%	1.75x	4.30x	AR$8.07 Million
2011	26.37%	2.41%	2.45x	4.47x	AR$50.43 Million
2012	33.70%	4.50%	2.24x	3.34x	AR$105.72 Million
2013	35.52%	5.70%	1.73x	3.60x	AR$164.66 Million
2014	17.51%	2.72%	1.61x	4.00x	AR$58.71 Million
2015	40.60%	6.77%	0.93x	6.44x	AR$393.64 Million
2016	25.54%	2.78%	2.11x	4.36x	AR$260.10 Million
2017	35.04%	4.30%	1.93x	4.23x	AR$634.07 Million
2018	-1.81%	-0.24%	1.98x	3.86x	AR$-522.42 Million
2019	24.69%	4.32%	1.85x	3.09x	AR$1.26 Billion
2020	31.50%	6.26%	1.55x	3.24x	AR$3.68 Billion
2021	21.45%	3.28%	2.58x	2.54x	AR$3.30 Billion
2022	15.72%	2.63%	2.03x	2.95x	AR$3.61 Billion
2023	-331.86%	-13.71%	1.49x	16.21x	AR$-352.89 Billion
2024	69.12%	11.85%	1.39x	4.19x	AR$229.76 Billion
2025	3.12%	0.46%	1.48x	4.57x	AR$-27.73 Billion

Industry Comparison

This section compares Mirgor S.A.'s net assets metrics with peer companies in the Consumer Electronics industry.

No peer company data available for comparison.

About Mirgor S.A.

BA:MIRG Argentina Consumer Electronics

Market Cap

$2.06 Billion

AR$2.85 Trillion ARS

Market Cap Rank

#6140 Global

#17 in Argentina

Share Price

AR$19150.00

Change (1 day)

+0.39%

52-Week Range

AR$15050.00 - AR$27700.00

All Time High

AR$27700.00