Plan B Media PCL
Plan B Media Public Company Limited, together with its subsidiaries, engages in the advertising agency services in Thailand. The company operates in two segments, Outdoor Advertising and Non-Participatory Marketing. The Outdoor Advertising segment offers advertising media production, advertising space, and airtime rental services. The Non-Participatory Marketing segment provides sports marketing… Read more
Plan B Media PCL (PLANB) - Net Assets
Latest net assets as of December 2025: ฿12.59 Billion THB
Based on the latest financial reports, Plan B Media PCL (PLANB) has net assets worth ฿12.59 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 (฿19.47 Billion) and total liabilities (฿6.88 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 | ฿12.59 Billion |
| % of Total Assets | 64.67% |
| Annual Growth Rate | 43.41% |
| 5-Year Change | 71.08% |
| 10-Year Change | 296.45% |
| Growth Volatility | 79.92 |
Plan B Media PCL - Net Assets Trend (2009–2025)
This chart illustrates how Plan B Media PCL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Plan B Media PCL (2009–2025)
The table below shows the annual net assets of Plan B Media PCL from 2009 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | ฿12.59 Billion | +26.39% |
| 2024-12-31 | ฿9.96 Billion | +11.32% |
| 2023-12-31 | ฿8.95 Billion | +8.83% |
| 2022-12-31 | ฿8.22 Billion | +11.73% |
| 2021-12-31 | ฿7.36 Billion | +30.16% |
| 2020-12-31 | ฿5.65 Billion | -17.93% |
| 2019-12-31 | ฿6.89 Billion | +58.58% |
| 2018-12-31 | ฿4.34 Billion | +19.42% |
| 2017-12-31 | ฿3.64 Billion | +14.55% |
| 2016-12-31 | ฿3.18 Billion | +6.58% |
| 2015-12-31 | ฿2.98 Billion | +294.05% |
| 2014-12-31 | ฿756.25 Million | -11.45% |
| 2013-12-31 | ฿854.02 Million | +98.80% |
| 2012-12-31 | ฿429.59 Million | +102.40% |
| 2011-12-31 | ฿212.24 Million | +187.84% |
| 2010-12-31 | ฿73.74 Million | +87.49% |
| 2009-12-31 | ฿39.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Plan B Media PCL'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 9945.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ฿2.95 Billion | 25.17% |
| Other Components | ฿8.76 Billion | 74.83% |
| Total Equity | ฿11.71 Billion | 100.00% |
Plan B Media PCL Competitors by Market Cap
The table below lists competitors of Plan B Media PCL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Johnson Outdoors Inc
NASDAQ:JOUT
|
$245.68 Million |
|
JUDGES SCIENTIFIC LS -05
F:IUF
|
$245.71 Million |
|
Suntar Environmental Technology Co
SHG:688101
|
$245.73 Million |
|
ITERIS INC. (NEW) DL-01
F:FQH
|
$245.76 Million |
|
Nantong JiangTian Chemical Co. Ltd.
SHE:300927
|
$245.59 Million |
|
Hangzhou Wensli Silk Culture Co. Ltd.
SHE:301066
|
$245.59 Million |
|
Banco Patagonia
BA:BPAT
|
$245.57 Million |
|
Villeroy und Boch AG Pfd.
LSE:0OPA
|
$245.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Plan B Media PCL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,722,540,186 to 11,705,969,542, a change of 1,983,429,356 (20.4%).
- Net income of 1,105,335,576 contributed positively to equity growth.
- Dividend payments of 748,413,919 reduced retained earnings.
- New share issuances of 1,200,000,138 increased equity.
- Other comprehensive income decreased equity by 44,324,763.
- Other factors increased equity by 470,832,324.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ฿1.11 Billion | +9.44% |
| Dividends Paid | ฿748.41 Million | -6.39% |
| Share Issuances | ฿1.20 Billion | +10.25% |
| Other Comprehensive Income | ฿-44.32 Million | -0.38% |
| Other Changes | ฿470.83 Million | +4.02% |
| Total Change | ฿- | 20.40% |
Book Value vs Market Value Analysis
This analysis compares Plan B Media PCL'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: 1.60x
- 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 369.17x to 1.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | ฿0.01 | ฿4.06 | x |
| 2010-12-31 | ฿0.02 | ฿4.06 | x |
| 2011-12-31 | ฿0.06 | ฿4.06 | x |
| 2012-12-31 | ฿0.12 | ฿4.06 | x |
| 2013-12-31 | ฿0.24 | ฿4.06 | x |
| 2014-12-31 | ฿0.21 | ฿4.06 | x |
| 2015-12-31 | ฿0.85 | ฿4.06 | x |
| 2016-12-31 | ฿0.87 | ฿4.06 | x |
| 2017-12-31 | ฿0.99 | ฿4.06 | x |
| 2018-12-31 | ฿1.12 | ฿4.06 | x |
| 2019-12-31 | ฿1.64 | ฿4.06 | x |
| 2020-12-31 | ฿1.33 | ฿4.06 | x |
| 2021-12-31 | ฿1.77 | ฿4.06 | x |
| 2022-12-31 | ฿1.86 | ฿4.06 | x |
| 2023-12-31 | ฿2.02 | ฿4.06 | x |
| 2024-12-31 | ฿2.27 | ฿4.06 | x |
| 2025-12-31 | ฿2.54 | ฿4.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Plan B Media PCL 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): 9.44%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.60%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.66x
- Recent ROE (9.44%) is below the historical average (18.01%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 29.27% | 4.56% | 1.95x | 3.28x | ฿7.58 Million |
| 2010 | 46.67% | 9.02% | 1.20x | 4.32x | ฿27.04 Million |
| 2011 | 30.40% | 9.52% | 1.00x | 3.18x | ฿43.29 Million |
| 2012 | 45.95% | 19.54% | 0.86x | 2.75x | ฿154.44 Million |
| 2013 | 19.51% | 12.08% | 0.61x | 2.66x | ฿81.21 Million |
| 2014 | 27.32% | 14.10% | 0.62x | 3.13x | ฿130.96 Million |
| 2015 | 13.53% | 18.58% | 0.63x | 1.15x | ฿104.41 Million |
| 2016 | 11.22% | 14.52% | 0.66x | 1.17x | ฿38.10 Million |
| 2017 | 12.89% | 15.45% | 0.71x | 1.18x | ฿103.35 Million |
| 2018 | 15.85% | 16.02% | 0.70x | 1.41x | ฿237.15 Million |
| 2019 | 11.66% | 15.29% | 0.61x | 1.25x | ฿105.66 Million |
| 2020 | 2.66% | 3.77% | 0.30x | 2.32x | ฿-387.78 Million |
| 2021 | -0.15% | -0.23% | 0.32x | 1.95x | ฿-715.69 Million |
| 2022 | 8.66% | 10.41% | 0.43x | 1.94x | ฿-106.31 Million |
| 2023 | 10.51% | 10.89% | 0.51x | 1.87x | ฿44.08 Million |
| 2024 | 10.80% | 11.50% | 0.55x | 1.72x | ฿78.13 Million |
| 2025 | 9.44% | 11.60% | 0.49x | 1.66x | ฿-65.26 Million |
Industry Comparison
This section compares Plan B Media PCL's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $489,636,040
- Average return on equity (ROE) among peers: 21.04%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Plan B Media PCL (PLANB) | ฿12.59 Billion | 29.27% | 0.55x | $245.64 Million |
| AddTech Hub Public Company Limited (ADD) | $25.41 Million | 103.83% | 1.76x | $7.07 Million |
| Aqua Corporation Public Company Limited (AQUA) | $846.18 Million | 3.69% | 0.23x | $10.21 Million |
| CMO Public Company Limited (CMO) | $500.06 Million | 10.58% | 1.31x | $4.46 Million |
| Far East Fame Line DDB Public Company Limited (FE) | $1.42 Billion | 5.35% | 0.25x | $9.47 Million |
| Grand Prix International Public Company Limited (GPI) | $783.43 Million | 16.79% | 0.28x | $11.33 Million |
| LTMH Public Company Limited (LTMH) | $80.09 Million | 38.93% | 0.63x | $1.27K |
| MCA_MARKET CONNECTIONS ASIA (MCA) | $85.03 Million | 3.22% | 0.63x | $2.32 Million |
| M Vision Public Company Limited (MVP) | $229.29 Million | 2.43% | 0.76x | $747.17K |
| Pico (Thailand) Public Company Limited (PICO) | $437.36 Million | 4.50% | 0.95x | $5.95 Million |