Karmarts Public Company Limited (KAMART) - Net Assets

Latest as of June 2026: ฿3.56 Billion THB ≈ $110.87 Million USD

Based on the latest financial reports, Karmarts Public Company Limited (KAMART) has net assets worth ฿3.56 Billion THB (≈ $110.87 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿5.05 Billion ≈ $157.34 Million USD) and total liabilities (฿1.49 Billion ≈ $46.47 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 how strategically is Karmarts Public Company Limited's equity deployed to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	฿3.56 Billion
% of Total Assets	70.46%
Annual Growth Rate	15.01%
5-Year Change	204.97%
10-Year Change	344.04%
Growth Volatility	63.99

Karmarts Public Company Limited - Net Assets Trend (2000–2025)

This chart illustrates how Karmarts Public Company Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Karmarts Public Company Limited market cap and net worth.

Annual Net Assets for Karmarts Public Company Limited (2000–2025)

The table below shows the annual net assets of Karmarts Public Company Limited from 2000 to 2025. Also explore how fast is Karmarts Public Company Limited growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	฿3.54 Billion ≈ $110.37 Million	+1.25%
2024-12-31	฿3.50 Billion ≈ $109.02 Million	+5.84%
2023-12-31	฿3.30 Billion ≈ $103.00 Million	+142.12%
2022-12-31	฿1.36 Billion ≈ $42.54 Million	+17.54%
2021-12-31	฿1.16 Billion ≈ $36.19 Million	+15.31%
2020-12-31	฿1.01 Billion ≈ $31.39 Million	-1.46%
2019-12-31	฿1.02 Billion ≈ $31.85 Million	+3.63%
2018-12-31	฿986.10 Million ≈ $30.74 Million	+13.42%
2017-12-31	฿869.43 Million ≈ $27.10 Million	+9.02%
2016-12-31	฿797.49 Million ≈ $24.86 Million	+11.37%
2015-12-31	฿716.08 Million ≈ $22.32 Million	+13.33%
2014-12-31	฿631.84 Million ≈ $19.69 Million	+1.09%
2013-12-31	฿625.01 Million ≈ $19.48 Million	+13.31%
2012-12-31	฿551.60 Million ≈ $17.19 Million	+24.68%
2011-12-31	฿442.43 Million ≈ $13.79 Million	+32.64%
2010-12-31	฿333.56 Million ≈ $10.40 Million	+22.55%
2009-12-31	฿272.18 Million ≈ $8.48 Million	-54.15%
2008-12-31	฿593.64 Million ≈ $18.50 Million	+18.49%
2007-12-31	฿501.01 Million ≈ $15.62 Million	-14.59%
2006-12-31	฿586.57 Million ≈ $18.28 Million	-19.00%
2005-12-31	฿724.17 Million ≈ $22.57 Million	+21.83%
2004-12-31	฿594.43 Million ≈ $18.53 Million	+36.75%
2003-12-31	฿434.68 Million ≈ $13.55 Million	+508.43%
2002-12-31	฿-106.43 Million ≈ $-3.32 Million	+35.93%
2001-12-31	฿-166.10 Million ≈ $-5.18 Million	-254.86%
2000-12-31	฿107.26 Million ≈ $3.34 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Karmarts 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 grown by 97706682700.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	฿977.07 Million	28.12%
Common Stock	฿770.00 Million	22.16%
Other Comprehensive Income	฿155.75 Million	4.48%
Other Components	฿1.57 Billion	45.23%
Total Equity	฿3.47 Billion	100.00%

Karmarts Public Company Limited Competitors by Market Cap

The table below lists competitors of Karmarts Public Company Limited ranked by their market capitalization.

Company	Market Cap
Ioneer Ltd AU:INR	$271.94 Million
Portillo's Inc NASDAQ:PTLO	$271.95 Million
Antipa Minerals Ltd AU:AZY	$271.96 Million
Famous Brands Ltd JSE:FBR	$271.96 Million
Biostar Microtech International Corp TW:2399	$271.86 Million
Jiangsu Boamax Technologies Group Co Ltd SHE:002514	$271.84 Million
Guangdong Jiaying Pharmaceutical Co Ltd SHE:002198	$271.81 Million
Ingevec SN:INGEVEC	$271.77 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Karmarts Public Company Limited's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,429,626,302 to 3,474,346,555, a change of 44,720,253 (1.3%).
Net income of 706,691,469 contributed positively to equity growth.
Dividend payments of 562,618,099 reduced retained earnings.
Share repurchases of 85,672,195 reduced equity.
New share issuances of 9,829,240 increased equity.
Other comprehensive income decreased equity by 27,528,025.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	฿706.69 Million	+20.34%
Dividends Paid	฿562.62 Million	-16.19%
Share Repurchases	฿85.67 Million	-2.47%
Share Issuances	฿9.83 Million	+0.28%
Other Comprehensive Income	฿-27.53 Million	-0.79%
Other Changes	฿4.02 Million	+0.12%
Total Change	฿-	1.30%

Book Value vs Market Value Analysis

This analysis compares Karmarts 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: 2.52x
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 3.89x to 2.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2004-12-31	฿1.76	฿6.85	x
2005-12-31	฿1.74	฿6.85	x
2006-12-31	฿0.89	฿6.85	x
2007-12-31	฿0.75	฿6.85	x
2008-12-31	฿0.76	฿6.85	x
2009-12-31	฿0.31	฿6.85	x
2010-12-31	฿0.38	฿6.85	x
2011-12-31	฿0.50	฿6.85	x
2012-12-31	฿0.65	฿6.85	x
2013-12-31	฿0.72	฿6.85	x
2014-12-31	฿0.73	฿6.85	x
2015-12-31	฿0.82	฿6.85	x
2016-12-31	฿0.91	฿6.85	x
2017-12-31	฿0.99	฿6.85	x
2018-12-31	฿1.12	฿6.85	x
2019-12-31	฿1.15	฿6.85	x
2020-12-31	฿1.14	฿6.85	x
2021-12-31	฿1.31	฿6.85	x
2022-12-31	฿1.48	฿6.85	x
2023-12-31	฿2.99	฿6.85	x
2024-12-31	฿2.67	฿6.85	x
2025-12-31	฿2.72	฿6.85	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Karmarts 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): 20.34%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.43%
• Asset Turnover: 0.69x
• Equity Multiplier: 1.45x
Recent ROE (20.34%) is above the historical average (16.86%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	73.53%	1.65%	3.08x	14.45x	฿68.14 Million
2003	97.07%	26.34%	1.43x	2.57x	฿378.50 Million
2004	15.63%	3.86%	1.56x	2.59x	฿33.47 Million
2005	-10.11%	-2.47%	1.89x	2.17x	฿-132.24 Million
2006	-12.37%	-5.29%	0.97x	2.41x	฿-117.58 Million
2007	-19.41%	-20.33%	0.39x	2.48x	฿-129.65 Million
2008	-12.05%	-24.67%	0.24x	2.06x	฿-118.51 Million
2009	-97.60%	-153.87%	0.22x	2.82x	฿-290.60 Million
2010	-12.96%	-26.21%	0.20x	2.43x	฿-76.30 Million
2011	25.25%	26.86%	0.53x	1.77x	฿67.71 Million
2012	35.88%	31.05%	0.91x	1.27x	฿142.91 Million
2013	25.72%	19.15%	0.92x	1.46x	฿98.40 Million
2014	14.57%	9.24%	1.09x	1.45x	฿28.90 Million
2015	29.19%	17.67%	1.19x	1.39x	฿137.84 Million
2016	33.09%	18.45%	1.16x	1.55x	฿184.10 Million
2017	32.45%	18.60%	1.12x	1.55x	฿194.85 Million
2018	36.69%	24.01%	0.97x	1.57x	฿262.04 Million
2019	25.73%	17.33%	0.94x	1.58x	฿159.70 Million
2020	13.30%	10.10%	0.86x	1.52x	฿32.94 Million
2021	25.38%	22.68%	0.75x	1.49x	฿177.50 Million
2022	25.10%	17.55%	0.88x	1.63x	฿196.71 Million
2023	20.40%	27.27%	0.57x	1.31x	฿336.94 Million
2024	19.77%	21.36%	0.67x	1.38x	฿335.00 Million
2025	20.34%	20.43%	0.69x	1.45x	฿359.26 Million

Industry Comparison

This section compares Karmarts Public Company Limited's net assets metrics with peer companies in the Household & Personal Products industry.

Industry Context

Industry: Household & Personal Products
Average net assets among peers: $572,125,934
Average return on equity (ROE) among peers: 25.08%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Karmarts Public Company Limited (KAMART)	฿3.56 Billion	73.53%	0.42x	$271.89 Million
Asian Phytoceuticals Public Company Limited (APCO)	$610.51 Million	13.25%	0.11x	$47.50 Million
Do Day Dream Public Company Limited (DDD)	$242.47 Million	72.46%	1.18x	$48.71 Million
Jack Chia Industries (Thailand) Public Company Limited (JCT)	$567.14 Million	14.86%	0.08x	$35.35 Million
Moong Pattana International Public Company Limited (MOONG)	$322.50 Million	14.95%	0.72x	$23.62 Million
O.C.C. Public Company Limited (OCC)	$729.63 Million	13.89%	0.43x	$17.49 Million
Thai Nippon Rubber Industry Public Co. Ltd (TNR)	$960.51 Million	21.03%	0.88x	$56.10 Million

About Karmarts Public Company Limited

BK:KAMART Thailand Household & Personal Products

Market Cap

$271.89 Million

฿8.72 Billion THB

Market Cap Rank

#15387 Global

#181 in Thailand

Share Price

฿6.85

Change (1 day)

-0.72%

52-Week Range

฿6.70 - ฿9.50

All Time High

฿14.94