Multi Agro Gemilang Plantation Tbk PT (MAGP) - Net Assets
Based on the latest financial reports, Multi Agro Gemilang Plantation Tbk PT (MAGP) has net assets worth Rp75.92 Billion IDR (≈ $4.45 Million USD) as of March 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp840.19 Billion ≈ $49.23 Million USD) and total liabilities (Rp764.27 Billion ≈ $44.78 Million USD). 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. Check MAGP financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp75.92 Billion |
| % of Total Assets | 9.04% |
| Annual Growth Rate | -8.26% |
| 5-Year Change | -85.31% |
| 10-Year Change | -83.54% |
| Growth Volatility | 53.14 |
Multi Agro Gemilang Plantation Tbk PT - Net Assets Trend (2010–2021)
This chart illustrates how Multi Agro Gemilang Plantation Tbk PT's net assets have evolved over time, based on quarterly financial data. Also explore MAGP current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Multi Agro Gemilang Plantation Tbk PT (2010–2021)
The table below shows the annual net assets of Multi Agro Gemilang Plantation Tbk PT from 2010 to 2021. For live valuation and market cap data, see MAGP market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | Rp86.60 Billion ≈ $5.07 Million |
-46.23% |
| 2020-12-31 | Rp161.07 Billion ≈ $9.44 Million |
-56.83% |
| 2019-12-31 | Rp373.10 Billion ≈ $21.86 Million |
-26.87% |
| 2018-12-31 | Rp510.18 Billion ≈ $29.89 Million |
-13.44% |
| 2017-12-31 | Rp589.40 Billion ≈ $34.54 Million |
-22.48% |
| 2016-12-31 | Rp760.27 Billion ≈ $44.55 Million |
-5.44% |
| 2015-12-31 | Rp804.00 Billion ≈ $47.11 Million |
-12.36% |
| 2014-12-31 | Rp917.44 Billion ≈ $53.76 Million |
-3.08% |
| 2013-12-31 | Rp946.57 Billion ≈ $55.47 Million |
+79.94% |
| 2012-12-31 | Rp526.04 Billion ≈ $30.82 Million |
+133.32% |
| 2011-12-31 | Rp225.46 Billion ≈ $13.21 Million |
+0.85% |
| 2010-12-31 | Rp223.55 Billion ≈ $13.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Multi Agro Gemilang Plantation 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 decreased by 80143237101000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rp900.00 Billion | 1069.19% |
| Total Equity | Rp84.18 Billion | 100.00% |
Multi Agro Gemilang Plantation Tbk PT Competitors by Market Cap
The table below lists competitors of Multi Agro Gemilang Plantation Tbk PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chonbang
KO:000950
|
$26.37 Million |
|
BeLive Holdings Ordinary Share
NASDAQ:BLIV
|
$26.37 Million |
|
Advanced Connection Corporation Public Company Limited
BK:ACC
|
$26.37 Million |
|
BORUTA-ZACHEM S.A. ZY-10
F:WO4
|
$26.38 Million |
|
Argent Minerals Ltd
AU:ARD
|
$26.37 Million |
|
Omnisystem Co.Ltd
KQ:057540
|
$26.37 Million |
|
Inmobiliaria Park Rose Iberoamericana SOCIMI SA
MC:YPARK
|
$26.36 Million |
|
Sh E & Chemical Co. Ltd.
KO:002360
|
$26.35 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Multi Agro Gemilang Plantation Tbk PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 157,904,489,022 to 84,175,913,130, a change of -73,728,575,892 (-46.7%).
- Net loss of 73,728,575,892 reduced equity.
- Other comprehensive income increased equity by 14,391,716.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-73.73 Billion | -87.59% |
| Other Comprehensive Income | Rp14.39 Million | +0.02% |
| Other Changes | Rp-14.39 Million | -0.02% |
| Total Change | Rp- | -46.69% |
Book Value vs Market Value Analysis
This analysis compares Multi Agro Gemilang Plantation 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: 5.35x
- 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 0.90x to 5.35x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp55.87 | Rp50.00 | x |
| 2013-12-31 | Rp102.61 | Rp50.00 | x |
| 2014-12-31 | Rp99.40 | Rp50.00 | x |
| 2015-12-31 | Rp86.40 | Rp50.00 | x |
| 2016-12-31 | Rp84.47 | Rp50.00 | x |
| 2017-12-31 | Rp64.33 | Rp50.00 | x |
| 2018-12-31 | Rp55.74 | Rp50.00 | x |
| 2019-12-31 | Rp40.85 | Rp50.00 | x |
| 2020-12-31 | Rp17.54 | Rp50.00 | x |
| 2021-12-31 | Rp9.35 | Rp50.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Multi Agro Gemilang Plantation 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): -87.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.17%
- • Asset Turnover: 0.19x
- • Equity Multiplier: 10.02x
- Recent ROE (-87.59%) is below the historical average (-32.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 0.28% | 3.69% | 0.04x | 1.89x | Rp-48.85 Billion |
| 2013 | 0.02% | 0.32% | 0.04x | 1.34x | Rp-92.19 Billion |
| 2014 | -3.25% | -25.26% | 0.09x | 1.39x | Rp-118.49 Billion |
| 2015 | -12.50% | -91.69% | 0.09x | 1.48x | Rp-174.99 Billion |
| 2016 | -5.53% | -137.70% | 0.03x | 1.47x | Rp-118.07 Billion |
| 2017 | -28.27% | -235.91% | 0.07x | 1.69x | Rp-221.57 Billion |
| 2018 | -12.16% | -34.75% | 0.13x | 2.59x | Rp-111.19 Billion |
| 2019 | -36.90% | -80.68% | 0.13x | 3.48x | Rp-172.42 Billion |
| 2020 | -135.03% | -129.72% | 0.14x | 7.25x | Rp-229.00 Billion |
| 2021 | -87.59% | -45.17% | 0.19x | 10.02x | Rp-82.15 Billion |
Industry Comparison
This section compares Multi Agro Gemilang Plantation Tbk PT's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $2,619,014,883,408
- Average return on equity (ROE) among peers: -8.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Multi Agro Gemilang Plantation Tbk PT (MAGP) | Rp75.92 Billion | 0.28% | 10.07x | $26.37 Million |
| Astra Agro Lestari Tbk (AALI) | $2.15 Trillion | 37.20% | 0.57x | $913.51 Million |
| Asia Sejahtera Mina Tbk (AGAR) | $107.38 Billion | 0.41% | 0.82x | $14.65 Million |
| Andira Agro Tbk PT (ANDI) | $126.29 Billion | -7.61% | 3.61x | $13.70 Million |
| Austindo Nusantara Jaya Tbk (ANJT) | $388.71 Million | -1.17% | 0.61x | $356.72 Million |
| PT Cilacap Samudera Fishing Industry Tbk (ASHA) | $31.42 Billion | 0.45% | 0.93x | $22.27 Million |
| PT Janu Putra Sejahtera Tbk (AYAM) | $114.97 Billion | 10.84% | 1.28x | $79.69 Million |
| Bumi Teknokultura Unggul Tbk (BTEK) | $462.50 Billion | -155.52% | 7.42x | $37.96 Million |
| Charoen Pokphand Indonesia TBK PT (CPIN) | $21.07 Trillion | 17.25% | 0.39x | $3.85 Billion |
| Central Proteina Prima Tbk (CPRO) | $1.01 Trillion | 0.00% | 2.89x | $135.17 Million |
| Cisadane Sawit Raya Pt (CSRA) | $1.12 Trillion | 13.10% | 0.65x | $109.31 Million |
About Multi Agro Gemilang Plantation Tbk PT
PT Multi Agro Gemilang Plantation Tbk, together with its subsidiaries, engages in the oil palm plantation business in Indonesia. The company was incorporated in 2005 and is headquartered in Jakarta Pusat, Indonesia. PT Multi Agro Gemilang Plantation Tbk is a subsidiary of PT Santika Griya Persada.