Don Muang Tollway Public Company Limited
Don Muang Tollway Public Company Limited, together with its subsidiaries, provides elevated toll road services in Thailand. The company constructs and operates an elevated toll road; and offers toll collection, traffic management, rescue, and maintenance, as well as assistance services. It also provides repairment, improvement, and reinforcement of infrastructure facilities services; and offers d… Read more
Don Muang Tollway Public Company Limited (DMT) - Net Assets
Latest net assets as of December 2025: ฿8.52 Billion THB
Based on the latest financial reports, Don Muang Tollway Public Company Limited (DMT) has net assets worth ฿8.52 Billion THB as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿9.32 Billion) and total liabilities (฿804.87 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 | ฿8.52 Billion |
| % of Total Assets | 91.37% |
| Annual Growth Rate | 2.9% |
| 5-Year Change | -11.04% |
| 10-Year Change | 16.47% |
| Growth Volatility | 10.5 |
Don Muang Tollway Public Company Limited - Net Assets Trend (2012–2025)
This chart illustrates how Don Muang Tollway Public Company Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Don Muang Tollway Public Company Limited (2012–2025)
The table below shows the annual net assets of Don Muang Tollway Public Company Limited from 2012 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿8.52 Billion | +0.46% |
| 2024-12-31 | ฿8.48 Billion | -0.29% |
| 2023-12-31 | ฿8.50 Billion | -12.99% |
| 2022-12-31 | ฿9.77 Billion | +2.07% |
| 2021-12-31 | ฿9.57 Billion | +25.84% |
| 2020-12-31 | ฿7.61 Billion | +8.95% |
| 2019-12-31 | ฿6.98 Billion | +11.79% |
| 2018-12-31 | ฿6.25 Billion | -18.35% |
| 2017-12-31 | ฿7.65 Billion | +4.63% |
| 2016-12-31 | ฿7.31 Billion | +8.76% |
| 2015-12-31 | ฿6.72 Billion | +8.89% |
| 2014-12-31 | ฿6.17 Billion | +3.20% |
| 2013-12-31 | ฿5.98 Billion | +1.92% |
| 2012-12-31 | ฿5.87 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Don Muang Tollway Public Company Limited'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 33.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿299.22 Million | 3.52% |
| Other Components | ฿8.21 Billion | 96.48% |
| Total Equity | ฿8.50 Billion | 100.00% |
Don Muang Tollway Public Company Limited Competitors by Market Cap
The table below lists competitors of Don Muang Tollway Public Company Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
innoscripta SE
XETRA:1INN
|
$124.83 Million |
|
Bank Yudha Bhakti Tbk
JK:BBYB
|
$124.83 Million |
|
WHA Utilities and Power Public Company Limited
BK:WHAUP
|
$124.84 Million |
|
Stereotaxis Inc
NYSE MKT:STXS
|
$124.84 Million |
|
TPI Polene Power Public Company Limited
BK:TPIPP
|
$124.77 Million |
|
FFB Bancorp
OTCQX:FFBB
|
$124.74 Million |
|
UmweltBank AG
XETRA:UBK
|
$124.68 Million |
|
National Petroleum Co Ltd
TW:9937
|
$124.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Don Muang Tollway Public Company Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,466,327,952 to 8,504,394,494, a change of 38,066,542 (0.4%).
- Net income of 1,073,176,537 contributed positively to equity growth.
- Dividend payments of 1,015,102,528 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.07 Billion | +12.62% |
| Dividends Paid | ฿1.02 Billion | -11.94% |
| Other Changes | ฿-20.01 Million | -0.24% |
| Total Change | ฿- | 0.45% |
Book Value vs Market Value Analysis
This analysis compares Don Muang Tollway Public Company Limited'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: 1.56x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.99x to 1.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | ฿5.64 | ฿11.20 | x |
| 2013-12-31 | ฿5.75 | ฿11.20 | x |
| 2014-12-31 | ฿5.23 | ฿11.20 | x |
| 2015-12-31 | ฿5.69 | ฿11.20 | x |
| 2016-12-31 | ฿6.19 | ฿11.20 | x |
| 2017-12-31 | ฿6.48 | ฿11.20 | x |
| 2018-12-31 | ฿5.29 | ฿11.20 | x |
| 2019-12-31 | ฿5.91 | ฿11.20 | x |
| 2020-12-31 | ฿6.44 | ฿11.20 | x |
| 2021-12-31 | ฿8.11 | ฿11.20 | x |
| 2022-12-31 | ฿8.27 | ฿11.20 | x |
| 2023-12-31 | ฿7.19 | ฿11.20 | x |
| 2024-12-31 | ฿7.17 | ฿11.20 | x |
| 2025-12-31 | ฿7.20 | ฿11.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Don Muang Tollway Public Company Limited 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): 12.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.53%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.10x
- Recent ROE (12.62%) is below the historical average (13.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 10.69% | 35.04% | 0.13x | 2.26x | ฿40.54 Million |
| 2013 | 13.12% | 38.70% | 0.16x | 2.11x | ฿186.45 Million |
| 2014 | 14.80% | 42.83% | 0.17x | 2.01x | ฿296.24 Million |
| 2015 | 19.03% | 48.75% | 0.21x | 1.88x | ฿607.11 Million |
| 2016 | 20.49% | 50.73% | 0.24x | 1.69x | ฿766.69 Million |
| 2017 | 18.27% | 46.94% | 0.22x | 1.75x | ฿633.05 Million |
| 2018 | 23.33% | 48.18% | 0.26x | 1.86x | ฿832.62 Million |
| 2019 | 16.59% | 41.14% | 0.25x | 1.59x | ฿460.33 Million |
| 2020 | 10.40% | 38.67% | 0.19x | 1.40x | ฿30.66 Million |
| 2021 | 4.22% | 33.62% | 0.12x | 1.07x | ฿-553.04 Million |
| 2022 | 7.99% | 42.61% | 0.18x | 1.07x | ฿-196.59 Million |
| 2023 | 11.79% | 43.05% | 0.23x | 1.18x | ฿151.95 Million |
| 2024 | 10.60% | 36.35% | 0.26x | 1.11x | ฿50.80 Million |
| 2025 | 12.62% | 40.53% | 0.28x | 1.10x | ฿222.74 Million |
Industry Comparison
This section compares Don Muang Tollway Public Company Limited's net assets metrics with peer companies in the Infrastructure Operations industry.
Industry Context
- Industry: Infrastructure Operations
- Average net assets among peers: $159,107,205
- Average return on equity (ROE) among peers: 34.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Don Muang Tollway Public Company Limited (DMT) | ฿8.52 Billion | 10.69% | 0.09x | $124.78 Million |
| Jenkongklai PCL (JPARK) | $159.11 Million | 34.61% | 1.18x | $12.34 Million |