PT Multi Garam Utama Tbk
PT Multi Garam Utama Tbk provides management consulting activities in Indonesia. It offers business consulting, brokerage, human resources, management and banking education, tutoring education, and student counseling services. The company also operates web portals and digital platforms for commercial business. It engages in the online retail of cosmetic, textile, clothing, footwear, personal good… Read more
PT Multi Garam Utama Tbk (FOLK) - Net Assets
Latest net assets as of March 2025: Rp92.51 Billion IDR
Based on the latest financial reports, PT Multi Garam Utama Tbk (FOLK) has net assets worth Rp92.51 Billion IDR as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp92.24 Billion) and total liabilities (Rp-267.97 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 | Rp92.51 Billion |
| % of Total Assets | 100.29% |
| Annual Growth Rate | 16.36% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 36.95 |
PT Multi Garam Utama Tbk - Net Assets Trend (2022–2024)
This chart illustrates how PT Multi Garam Utama Tbk's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PT Multi Garam Utama Tbk (2022–2024)
The table below shows the annual net assets of PT Multi Garam Utama Tbk from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp95.43 Billion | -14.85% |
| 2023-12-31 | Rp112.07 Billion | +59.05% |
| 2022-12-31 | Rp70.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to PT Multi Garam Utama Tbk'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 707.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp78.96 Billion | 82.75% |
| Other Components | Rp39.91 Billion | 41.82% |
| Total Equity | Rp95.43 Billion | 100.00% |
PT Multi Garam Utama Tbk Competitors by Market Cap
The table below lists competitors of PT Multi Garam Utama Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kapuas Prima Coal Tbk PT
JK:ZINC
|
$17.71 Million |
|
RESAAS Services Inc
OTCQB:RSASF
|
$17.72 Million |
|
Western Capital Resources Inc
OTCQB:WCRS
|
$17.72 Million |
|
Capital Properties Inc
OTCQX:CPTP
|
$17.72 Million |
|
Map Boga Adiperkasa Tbk PT
JK:MAPB
|
$17.71 Million |
|
IBW Financial Corporation
PINK:IBWC
|
$17.71 Million |
|
Investcorp India Acquisition Corp. Class A ordinary share
NASDAQ:IVCA
|
$17.70 Million |
|
POS Malaysia&Services Holdings Bhd
KLSE:4634
|
$17.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PT Multi Garam Utama Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 112,074,417,690 to 95,428,758,480, a change of -16,645,659,210 (-14.9%).
- Net loss of 16,661,197,050 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-16.66 Billion | -17.46% |
| Other Changes | Rp15.54 Million | +0.02% |
| Total Change | Rp- | -14.85% |
Book Value vs Market Value Analysis
This analysis compares PT Multi Garam Utama Tbk'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: 14.48x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 19.61x to 14.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Rp17.85 | Rp350.00 | x |
| 2023-12-31 | Rp28.39 | Rp350.00 | x |
| 2024-12-31 | Rp24.17 | Rp350.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PT Multi Garam Utama Tbk 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): -17.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -86.09%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 1.00x
- Recent ROE (-17.46%) is below the historical average (-6.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 7.18% | 12.57% | 0.53x | 1.08x | Rp-1.99 Billion |
| 2023 | -9.50% | -42.91% | 0.21x | 1.08x | Rp-21.85 Billion |
| 2024 | -17.46% | -86.09% | 0.20x | 1.00x | Rp-26.20 Billion |
Industry Comparison
This section compares PT Multi Garam Utama Tbk's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $9,814,964,000,000
- Average return on equity (ROE) among peers: -25.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PT Multi Garam Utama Tbk (FOLK) | Rp92.51 Billion | 7.18% | 0.00x | $17.71 Million |
| Global Digital Niaga (BELI) | $9.81 Trillion | -25.79% | 0.65x | $763.54 Million |