Asuransi Multi Artha Guna Tbk PT

JK:AMAG Indonesia Insurance - Property & Casualty
Market Cap
$124.79 Million
Rp2.03 Trillion IDR
Market Cap Rank
#27008 Global
#392 in Indonesia
Share Price
Rp410.00
Change (1 day)
-2.38%
52-Week Range
Rp320.00 - Rp462.00
All Time High
Rp462.00
Categories
Companies in Indonesia Insurance - Property & Casualty
About

PT Asuransi Multi Artha Guna Tbk provides general insurance in Indonesia. It operates through Motor Vehicles, Health and Personal Accident, Fire, Marine Cargo, and Other segments. The company offers MAGNA car that covers loss or damage to the car, which includes the value of the vehicle or its equipment; MAGNA Sehat, which provides healthcare coverage and hospitalization; MAGNA Properti that cove… Read more

Asuransi Multi Artha Guna Tbk PT (AMAG) - Net Assets

Latest net assets as of September 2025: Rp1.97 Trillion IDR

Based on the latest financial reports, Asuransi Multi Artha Guna Tbk PT (AMAG) has net assets worth Rp1.97 Trillion IDR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp5.43 Trillion) and total liabilities (Rp3.46 Trillion). 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 Rp1.97 Trillion
% of Total Assets 36.31%
Annual Growth Rate 14.63%
5-Year Change -9.4%
10-Year Change 20.5%
Growth Volatility 20.4

Asuransi Multi Artha Guna Tbk PT - Net Assets Trend (2004–2024)

This chart illustrates how Asuransi Multi Artha Guna Tbk PT's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Asuransi Multi Artha Guna Tbk PT (2004–2024)

The table below shows the annual net assets of Asuransi Multi Artha Guna Tbk PT from 2004 to 2024.

Year Net Assets Change
2024-12-31 Rp1.82 Trillion +6.57%
2023-12-31 Rp1.71 Trillion +0.31%
2022-12-31 Rp1.70 Trillion -8.57%
2021-12-31 Rp1.86 Trillion -7.31%
2020-12-31 Rp2.01 Trillion +2.83%
2019-12-31 Rp1.95 Trillion +6.83%
2018-12-31 Rp1.83 Trillion -1.49%
2017-12-31 Rp1.85 Trillion +5.12%
2016-12-31 Rp1.76 Trillion +16.92%
2015-12-31 Rp1.51 Trillion +45.85%
2014-12-31 Rp1.03 Trillion +19.98%
2013-12-31 Rp862.07 Billion +12.66%
2012-12-31 Rp765.22 Billion +20.24%
2011-12-31 Rp636.41 Billion +81.33%
2010-12-31 Rp350.96 Billion +29.12%
2009-12-31 Rp271.81 Billion +22.52%
2008-12-31 Rp221.86 Billion +13.01%
2007-12-31 Rp196.32 Billion +27.01%
2005-12-31 Rp154.57 Billion +30.50%
2004-12-31 Rp118.45 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Asuransi Multi Artha Guna Tbk PT'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 6343.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Rp951.74 Billion 52.36%
Common Stock Rp500.16 Billion 27.52%
Other Comprehensive Income Rp118.21 Billion 6.50%
Other Components Rp247.61 Billion 13.62%
Total Equity Rp1.82 Trillion 100.00%

Asuransi Multi Artha Guna Tbk PT Competitors by Market Cap

The table below lists competitors of Asuransi Multi Artha Guna Tbk PT ranked by their market capitalization.

Company Market Cap
Caldwell Partners International Inc
TO:CWL
 		$14.18 Million
Winner Group Enterprise Public Company Limited
BK:WINNER
 		$14.19 Million
United Tennessee Bankshares Inc
OTCQB:UNTN
 		$14.19 Million
KRISHIVAL
NSE:KRISHIVAL
 		$14.19 Million
Lulu's Fashion Lounge Holdings Inc
NASDAQ:LVLU
 		$14.18 Million
Gelion plc
PINK:GELNF
 		$14.17 Million
West High Yield (W.H.Y.) Resources Ltd
PINK:WHYRF
 		$14.17 Million
Wspierania Przedsiebiorczosci
WAR:PTW
 		$14.16 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Asuransi Multi Artha Guna Tbk PT's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,705,656,748,000 to 1,817,705,803,000, a change of 112,049,055,000 (6.6%).
  • Net income of 228,593,443,000 contributed positively to equity growth.
  • Dividend payments of 148,606,107,000 reduced retained earnings.
  • Share repurchases of 2,276,044,000 reduced equity.
  • Other comprehensive income increased equity by 37,337,763,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Rp228.59 Billion +12.58%
Dividends Paid Rp148.61 Billion -8.18%
Share Repurchases Rp2.28 Billion -0.13%
Other Comprehensive Income Rp37.34 Billion +2.05%
Other Changes Rp-3.00 Billion -0.17%
Total Change Rp- 6.57%

Book Value vs Market Value Analysis

This analysis compares Asuransi Multi Artha Guna Tbk PT'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: 1.12x
  • 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 1.84x to 1.12x 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 Rp223.03 Rp410.00 x
2010-12-31 Rp284.79 Rp410.00 x
2011-12-31 Rp371.13 Rp410.00 x
2012-12-31 Rp266.32 Rp410.00 x
2013-12-31 Rp285.48 Rp410.00 x
2014-12-31 Rp254.05 Rp410.00 x
2015-12-31 Rp362.63 Rp410.00 x
2016-12-31 Rp352.64 Rp410.00 x
2017-12-31 Rp370.69 Rp410.00 x
2018-12-31 Rp365.15 Rp410.00 x
2019-12-31 Rp390.10 Rp410.00 x
2020-12-31 Rp401.15 Rp410.00 x
2021-12-31 Rp372.95 Rp410.00 x
2022-12-31 Rp341.01 Rp410.00 x
2023-12-31 Rp342.31 Rp410.00 x
2024-12-31 Rp367.01 Rp410.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Asuransi Multi Artha Guna Tbk PT 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): 12.58%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 18.96%
  • • Asset Turnover: 0.22x
  • • Equity Multiplier: 2.95x
  • Recent ROE (12.58%) is above the historical average (11.36%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 11.70% 10.51% 0.57x 1.97x Rp2.01 Billion
2005 8.85% 9.00% 0.53x 1.87x Rp-1.77 Billion
2007 9.83% 9.45% 0.56x 1.86x Rp-342.80 Million
2008 13.45% 12.66% 0.54x 1.97x Rp7.64 Billion
2009 18.10% 19.53% 0.50x 1.86x Rp22.01 Billion
2010 16.91% 21.28% 0.43x 1.86x Rp24.27 Billion
2011 15.00% 30.79% 0.29x 1.65x Rp31.83 Billion
2012 19.23% 33.27% 0.33x 1.76x Rp70.62 Billion
2013 17.72% 30.63% 0.34x 1.72x Rp66.56 Billion
2014 19.59% 27.54% 0.45x 1.60x Rp99.14 Billion
2015 12.84% 25.10% 0.29x 1.74x Rp42.90 Billion
2016 7.39% 17.38% 0.22x 1.95x Rp-46.07 Billion
2017 6.64% 15.57% 0.20x 2.10x Rp-62.21 Billion
2018 1.55% 3.59% 0.18x 2.34x Rp-154.38 Billion
2019 3.74% 8.66% 0.18x 2.37x Rp-122.05 Billion
2020 5.35% 13.58% 0.17x 2.36x Rp-93.38 Billion
2021 8.04% 16.20% 0.20x 2.50x Rp-36.54 Billion
2022 9.98% 16.56% 0.22x 2.77x Rp-259.27 Million
2023 8.68% 13.52% 0.21x 3.00x Rp-22.49 Billion
2024 12.58% 18.96% 0.22x 2.95x Rp46.82 Billion

Industry Comparison

This section compares Asuransi Multi Artha Guna Tbk PT's net assets metrics with peer companies in the Insurance - Property & Casualty industry.

Industry Context

  • Industry: Insurance - Property & Casualty
  • Average net assets among peers: $197,537,534,400
  • Average return on equity (ROE) among peers: 0.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Asuransi Multi Artha Guna Tbk PT (AMAG) Rp1.97 Trillion 11.70% 1.75x $14.18 Million
Asuransi Bina Dana Arta Tbk (ABDA) $75.97 Billion 0.00% 1.50x $307.02K
Asuransi Harta Aman Pratama Tbk PT (AHAP) $192.58 Billion -21.36% 0.74x $7.79 Million
Asuransi Jasa Tania Tbk (ASJT) $175.02 Billion 7.12% 0.08x $3.64 Million
Asuransi Kresna Mitra Tbk PT (ASMI) $530.29 Billion 1.77% 0.84x $7.22 Million
Asuransi Ramayana Tbk (ASRM) $59.24 Billion 12.44% 1.24x $5.96 Million
Victoria Insurance Tbk PT (VINS) $152.11 Billion 4.61% 0.33x $2.78 Million