Mulia Boga Raya PT
PT Mulia Boga Raya Tbk manufactures and sells cheese and mayonnaise under the Prochiz and Top Chiz brand names in Indonesia. The company operates through Block Cheese, Sliced Cheese, and Other segments. It sells its products through a network of distributors. The company was incorporated in 2006 and is headquartered in Jakarta Selatan, Indonesia. PT Mulia Boga Raya Tbk is a subsidiary of PT Garud… Read more
Mulia Boga Raya PT (KEJU) - Net Assets
Latest net assets as of June 2025: Rp758.04 Billion IDR
Based on the latest financial reports, Mulia Boga Raya PT (KEJU) has net assets worth Rp758.04 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.03 Trillion) and total liabilities (Rp269.90 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 | Rp758.04 Billion |
| % of Total Assets | 73.74% |
| Annual Growth Rate | 11.42% |
| 5-Year Change | 67.81% |
| 10-Year Change | N/A |
| Growth Volatility | 10.98 |
Mulia Boga Raya PT - Net Assets Trend (2016–2024)
This chart illustrates how Mulia Boga Raya 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 Mulia Boga Raya PT (2016–2024)
The table below shows the annual net assets of Mulia Boga Raya PT from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp739.87 Billion | +10.30% |
| 2023-12-31 | Rp670.77 Billion | -4.65% |
| 2022-12-31 | Rp703.51 Billion | +20.09% |
| 2021-12-31 | Rp585.83 Billion | +32.87% |
| 2020-12-31 | Rp440.90 Billion | +1.20% |
| 2019-12-31 | Rp435.69 Billion | +16.25% |
| 2018-12-31 | Rp374.78 Billion | +5.37% |
| 2017-12-31 | Rp355.69 Billion | +14.19% |
| 2016-12-31 | Rp311.48 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mulia Boga Raya 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 73.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp435.37 Billion | 58.84% |
| Common Stock | Rp75.00 Billion | 10.14% |
| Other Comprehensive Income | Rp21.51 Billion | 2.91% |
| Other Components | Rp207.99 Billion | 28.11% |
| Total Equity | Rp739.87 Billion | 100.00% |
Mulia Boga Raya PT Competitors by Market Cap
The table below lists competitors of Mulia Boga Raya PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
8AV0
F:8AV0
|
$19.89 Million |
|
EYG Gayrimenkul Yatirim Ortakligi A.S.
IS:EYGYO
|
$19.90 Million |
|
Battery Minerals Limited
PINK:BTRYF
|
$19.90 Million |
|
GMM Grammy Public Company Limited
BK:GRAMMY
|
$19.91 Million |
|
Prime Financial Group Ltd
AU:PFG
|
$19.88 Million |
|
RaemongRaein Co. Ltd.
KQ:200350
|
$19.88 Million |
|
Dedicare AB
LSE:0P3K
|
$19.87 Million |
|
Hermès International Société en commandite par actions
BE:HMI
|
$19.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mulia Boga Raya PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 670,772,958,412 to 739,867,729,000, a change of 69,094,770,588 (10.3%).
- Net income of 146,880,537,000 contributed positively to equity growth.
- Dividend payments of 79,500,000,000 reduced retained earnings.
- Share repurchases of 7,485,654,000 reduced equity.
- New share issuances of 8,982,600,000 increased equity.
- Other comprehensive income increased equity by 217,287,100.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp146.88 Billion | +19.85% |
| Dividends Paid | Rp79.50 Billion | -10.75% |
| Share Repurchases | Rp7.49 Billion | -1.01% |
| Share Issuances | Rp8.98 Billion | +1.21% |
| Other Comprehensive Income | Rp217.29 Million | +0.03% |
| Other Changes | Rp488.00 | +0.0% |
| Total Change | Rp- | 10.30% |
Book Value vs Market Value Analysis
This analysis compares Mulia Boga Raya 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: 4.26x
- 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 increased from 2.70x to 4.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Rp207.65 | Rp560.00 | x |
| 2017-12-31 | Rp237.13 | Rp560.00 | x |
| 2018-12-31 | Rp249.86 | Rp560.00 | x |
| 2019-12-31 | Rp290.46 | Rp560.00 | x |
| 2020-12-31 | Rp293.93 | Rp560.00 | x |
| 2021-12-31 | Rp390.55 | Rp560.00 | x |
| 2022-12-31 | Rp469.00 | Rp560.00 | x |
| 2023-12-31 | Rp447.18 | Rp560.00 | x |
| 2024-12-31 | Rp131.56 | Rp560.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mulia Boga Raya 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): 19.85%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.62%
- • Asset Turnover: 1.30x
- • Equity Multiplier: 1.32x
- Recent ROE (19.85%) is above the historical average (18.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.10% | 3.92% | 1.34x | 1.73x | Rp-2.80 Billion |
| 2017 | 12.05% | 5.44% | 1.55x | 1.43x | Rp7.31 Billion |
| 2018 | 18.00% | 7.88% | 1.60x | 1.43x | Rp30.00 Billion |
| 2019 | 22.50% | 10.02% | 1.47x | 1.53x | Rp54.48 Billion |
| 2020 | 27.44% | 13.43% | 1.33x | 1.53x | Rp76.91 Billion |
| 2021 | 24.70% | 13.88% | 1.36x | 1.31x | Rp86.12 Billion |
| 2022 | 16.68% | 11.24% | 1.21x | 1.22x | Rp47.02 Billion |
| 2023 | 11.98% | 7.88% | 1.23x | 1.23x | Rp13.27 Billion |
| 2024 | 19.85% | 11.62% | 1.30x | 1.32x | Rp72.89 Billion |
Industry Comparison
This section compares Mulia Boga Raya PT's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $631,799,965,479
- Average return on equity (ROE) among peers: 6.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mulia Boga Raya PT (KEJU) | Rp758.04 Billion | 9.10% | 0.36x | $19.88 Million |
| FKS Food Sejahtera Tbk PT (AISA) | $95.16 Billion | 0.04% | 2.76x | $16.59 Million |
| Estika Tata Tiara Tbk PT (BEEF) | $-266.29 Billion | 0.00% | 0.00x | $25.57 Million |
| Formosa Ingredient Factory PT Tbk (BOBA) | $151.05 Billion | 9.90% | 0.16x | $1.21 Million |
| PT Raja Roti Cemerlang Tbk (BRRC) | $20.11 Billion | 5.85% | 1.84x | $1.83 Million |
| Budi Starch & Sweetener Tbk (BUDI) | $267.46 Billion | 7.73% | 2.48x | $23.05 Million |
| Eagle High Plantations Tbk (BWPT) | $164.27 Billion | 0.56% | 1.05x | $52.04 Million |
| Campina Ice Cream Industry Tbk PT (CAMP) | $935.39 Billion | 8.21% | 0.13x | $5.65 Million |
| Citra Borneo Utama (CBUT) | $-209.50 Billion | 0.00% | 0.00x | $44.64 Million |
| Wilmar Cahaya Indonesia Tbk (CEKA) | $463.40 Billion | 12.59% | 1.22x | $10.44 Million |
| Cisarua Mountain Dairy Tbk PT (CMRY) | $4.70 Trillion | 16.82% | 0.19x | $432.46 Million |