MUANGTHAI CAPITAL PCL-NVDR

BK:MTC-R Thailand Credit Services
Market Cap
$2.64 Billion
฿91.69 Billion THB
Market Cap Rank
#8047 Global
#28 in Thailand
Share Price
฿43.25
Change (1 day)
+0.58%
52-Week Range
฿34.50 - ฿47.75
All Time High
฿67.30
Categories
Companies in Thailand Credit Services Banking & Financial
About

Muangthai Capital Public Company Limited engages in the lending business in Thailand. The company operates through two segments, Lending Business and Hire Purchase. It offers loans that are secured against vehicle registrations, land title deeds loans, and nano finance, as well as personal loans without collateral. The company also provides car, motorcycles, and agricultural vehicle title loans. … Read more

MUANGTHAI CAPITAL PCL-NVDR (MTC-R) - Net Assets

Latest net assets as of September 2024: ฿35.67 Billion THB

Based on the latest financial reports, MUANGTHAI CAPITAL PCL-NVDR (MTC-R) has net assets worth ฿35.67 Billion THB as of September 2024.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (฿171.01 Billion) and total liabilities (฿135.34 Billion). 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 ฿35.67 Billion
% of Total Assets 20.86%
Annual Growth Rate 30.99%
5-Year Change 99.83%
10-Year Change 525.08%
Growth Volatility 39.67

MUANGTHAI CAPITAL PCL-NVDR - Net Assets Trend (2011–2023)

This chart illustrates how MUANGTHAI CAPITAL PCL-NVDR's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for MUANGTHAI CAPITAL PCL-NVDR (2011–2023)

The table below shows the annual net assets of MUANGTHAI CAPITAL PCL-NVDR from 2011 to 2023.

Year Net Assets Change
2023-12-31 ฿31.92 Billion +9.72%
2022-12-31 ฿29.09 Billion +16.98%
2021-12-31 ฿24.87 Billion +20.24%
2020-12-31 ฿20.68 Billion +29.49%
2019-12-31 ฿15.97 Billion +29.86%
2018-12-31 ฿12.30 Billion +37.52%
2017-12-31 ฿8.94 Billion +33.64%
2016-12-31 ฿6.69 Billion +18.40%
2015-12-31 ฿5.65 Billion +10.69%
2014-12-31 ฿5.11 Billion +163.59%
2013-12-31 ฿1.94 Billion +22.24%
2012-12-31 ฿1.58 Billion +26.65%
2011-12-31 ฿1.25 Billion --

Equity Component Analysis

This analysis shows how different components contribute to MUANGTHAI CAPITAL PCL-NVDR'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 18005.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings ฿27.38 Billion 85.79%
Common Stock ฿2.12 Billion 6.64%
Other Comprehensive Income ฿35.05 Million 0.11%
Other Components ฿2.38 Billion 7.46%
Total Equity ฿31.92 Billion 100.00%

MUANGTHAI CAPITAL PCL-NVDR Competitors by Market Cap

The table below lists competitors of MUANGTHAI CAPITAL PCL-NVDR ranked by their market capitalization.

Company Market Cap
Clear Channel Outdoor Holdings Inc
NYSE:CCO
 		$835.77 Million
Paramount Resources Ltd.
PINK:PRMRF
 		$835.77 Million
AbClon Inc
KQ:174900
 		$835.85 Million
Jingjin Environmental Protection Co Ltd
SHG:603279
 		$836.08 Million
Bursa Malaysia Bhd Ord
PINK:BSMAF
 		$835.52 Million
Bic Camera Inc
F:1U3
 		$835.29 Million
BANGCHAK CORP. -FGN- BA 1
F:7BP
 		$834.84 Million
NCR Voyix Corporation
NYSE:VYX
 		$834.73 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in MUANGTHAI CAPITAL PCL-NVDR's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 29,090,601,764 to 31,916,799,347, a change of 2,826,197,583 (9.7%).
  • Net income of 4,906,468,019 contributed positively to equity growth.
  • Dividend payments of 2,014,000,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 53,598,022.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income ฿4.91 Billion +15.37%
Dividends Paid ฿2.01 Billion -6.31%
Other Comprehensive Income ฿-53.60 Million -0.17%
Other Changes ฿-12.67 Million -0.04%
Total Change ฿- 9.72%

Book Value vs Market Value Analysis

This analysis compares MUANGTHAI CAPITAL PCL-NVDR'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: 2.87x
  • 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 108.88x to 2.87x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2011-12-31 ฿0.40 ฿43.25 x
2012-12-31 ฿0.50 ฿43.25 x
2013-12-31 ฿0.61 ฿43.25 x
2014-12-31 ฿2.41 ฿43.25 x
2015-12-31 ฿2.67 ฿43.25 x
2016-12-31 ฿3.15 ฿43.25 x
2017-12-31 ฿4.22 ฿43.25 x
2018-12-31 ฿5.80 ฿43.25 x
2019-12-31 ฿7.53 ฿43.25 x
2020-12-31 ฿9.76 ฿43.25 x
2021-12-31 ฿11.73 ฿43.25 x
2022-12-31 ฿13.72 ฿43.25 x
2023-12-31 ฿15.06 ฿43.25 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MUANGTHAI CAPITAL PCL-NVDR 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): 15.37%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 29.32%
  • • Asset Turnover: 0.11x
  • • Equity Multiplier: 4.70x
  • Recent ROE (15.37%) is below the historical average (19.69%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 8.54% 18.06% 0.15x 3.17x ฿-18.26 Million
2012 19.46% 27.99% 0.23x 3.02x ฿149.95 Million
2013 18.14% 26.63% 0.22x 3.11x ฿157.73 Million
2014 10.66% 34.51% 0.18x 1.72x ฿33.51 Million
2015 14.60% 35.48% 0.18x 2.31x ฿259.79 Million
2016 21.88% 35.46% 0.17x 3.65x ฿794.91 Million
2017 27.96% 36.91% 0.18x 4.13x ฿1.61 Billion
2018 30.19% 39.87% 0.19x 4.00x ฿2.48 Billion
2019 26.53% 37.97% 0.18x 3.87x ฿2.64 Billion
2020 25.21% 40.26% 0.17x 3.73x ฿3.15 Billion
2021 19.88% 35.54% 0.14x 3.96x ฿2.46 Billion
2022 17.51% 30.20% 0.13x 4.40x ฿2.18 Billion
2023 15.37% 29.32% 0.11x 4.70x ฿1.71 Billion

Industry Comparison

This section compares MUANGTHAI CAPITAL PCL-NVDR's net assets metrics with peer companies in the Credit Services industry.

Industry Context

  • Industry: Credit Services
  • Average net assets among peers: $3,615,882,665
  • Average return on equity (ROE) among peers: 9.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MUANGTHAI CAPITAL PCL-NVDR (MTC-R) ฿35.67 Billion 8.54% 3.79x $835.64 Million
ASIA Capital Group Public Company Limited (ACAP) $1.25 Billion 20.47% 2.85x $1.71 Million
AEON Thana Sinsap (Thailand) Public Company Limited (AEONTS) $25.06 Billion 13.00% 2.69x $163.14 Million
AIRA Factoring Public Company Limited (AF) $525.62 Million 8.61% 3.54x $1.07 Million
Amanah Leasing Public Company Limited (AMANAH) $1.81 Billion -0.91% 1.39x $12.17 Million
Asia Sermkij Leasing Public Company Limited (ASK) $4.35 Billion 15.66% 5.96x $91.10 Million
Chase Asia PCL (CHASE) $-209.42 Million 0.00% 0.00x $6.90 Million
Chayo Group Public Company Limited (CHAYO) $201.79 Million 2.02% 0.17x $19.15 Million
Eastern Commercial Leasing Public Company Limited (ECL) $228.53 Million 5.18% 2.63x $11.11 Million
G Capital Public Company Limited (GCAP) $128.58 Million 25.38% 4.73x $3.66 Million
Heng Leasing & Capital PCL (HENG) $2.82 Billion 5.39% 1.80x $38.71 Million