Bank Multiarta Sentosa PT (MASB) - Net Assets
Based on the latest financial reports, Bank Multiarta Sentosa PT (MASB) has net assets worth Rp4.08 Trillion IDR (≈ $239.16 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp33.59 Trillion ≈ $1.97 Billion USD) and total liabilities (Rp29.51 Trillion ≈ $1.73 Billion 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 Bank Multiarta Sentosa PT liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp4.08 Trillion |
| % of Total Assets | 12.15% |
| Annual Growth Rate | 14.3% |
| 5-Year Change | 106.09% |
| 10-Year Change | N/A |
| Growth Volatility | 11.5 |
Bank Multiarta Sentosa PT - Net Assets Trend (2015–2024)
This chart illustrates how Bank Multiarta Sentosa PT's net assets have evolved over time, based on quarterly financial data. Also explore MASB asset base for the complete picture of this company's asset base.
Annual Net Assets for Bank Multiarta Sentosa PT (2015–2024)
The table below shows the annual net assets of Bank Multiarta Sentosa PT from 2015 to 2024. For live valuation and market cap data, see market value of Bank Multiarta Sentosa PT.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp3.89 Trillion ≈ $228.22 Million |
+5.76% |
| 2023-12-31 | Rp3.68 Trillion ≈ $215.78 Million |
+7.74% |
| 2022-12-31 | Rp3.42 Trillion ≈ $200.29 Million |
+26.55% |
| 2021-12-31 | Rp2.70 Trillion ≈ $158.27 Million |
+42.93% |
| 2020-12-31 | Rp1.89 Trillion ≈ $110.74 Million |
+13.57% |
| 2019-12-31 | Rp1.66 Trillion ≈ $97.50 Million |
+8.30% |
| 2018-12-31 | Rp1.54 Trillion ≈ $90.03 Million |
+10.26% |
| 2017-12-31 | Rp1.39 Trillion ≈ $81.65 Million |
+8.47% |
| 2016-12-31 | Rp1.28 Trillion ≈ $75.27 Million |
+9.84% |
| 2015-12-31 | Rp1.17 Trillion ≈ $68.53 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Bank Multiarta Sentosa 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 1286.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp1.63 Trillion | 41.88% |
| Common Stock | Rp1.40 Trillion | 36.00% |
| Other Components | Rp861.44 Billion | 22.12% |
| Total Equity | Rp3.89 Trillion | 100.00% |
Bank Multiarta Sentosa PT Competitors by Market Cap
The table below lists competitors of Bank Multiarta Sentosa PT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xxentria Technology Materials Co Ltd
TWO:8942
|
$266.25 Million |
|
Cohen Circle Acquisition Corp. II Class A Ordinary Shares
NASDAQ:CCII
|
$266.57 Million |
|
Imperial Brands PLC
LSE:IMB
|
$266.62 Million |
|
SC Asset Corporation Public Company Limited
BK:SC
|
$266.64 Million |
|
2Seventy Bio Inc
NASDAQ:TSVT
|
$266.14 Million |
|
Thirumalai Chemicals Limited
NSE:TIRUMALCHM
|
$266.13 Million |
|
Oyster Enterprises II Acquisition Corp Class A Ordinary Shares
NASDAQ:OYSE
|
$266.11 Million |
|
Kenmare Resources PLC
IR:KMR
|
$266.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bank Multiarta Sentosa PT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,682,511,096,003 to 3,894,721,941,916, a change of 212,210,845,913 (5.8%).
- Net income of 214,693,101,959 contributed positively to equity growth.
- Other comprehensive income decreased equity by 4,000,469,294.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp214.69 Billion | +5.51% |
| Other Comprehensive Income | Rp-4.00 Billion | -0.1% |
| Other Changes | Rp1.52 Billion | +0.04% |
| Total Change | Rp- | 5.76% |
Book Value vs Market Value Analysis
This analysis compares Bank Multiarta Sentosa 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: 1.17x
- 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 3.40x to 1.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Rp953.26 | Rp3240.00 | x |
| 2016-12-31 | Rp1047.04 | Rp3240.00 | x |
| 2017-12-31 | Rp1135.77 | Rp3240.00 | x |
| 2018-12-31 | Rp1252.33 | Rp3240.00 | x |
| 2019-12-31 | Rp1356.26 | Rp3240.00 | x |
| 2020-12-31 | Rp1540.33 | Rp3240.00 | x |
| 2021-12-31 | Rp2352.66 | Rp3240.00 | x |
| 2022-12-31 | Rp2668.04 | Rp3240.00 | x |
| 2023-12-31 | Rp2626.59 | Rp3240.00 | x |
| 2024-12-31 | Rp2777.95 | Rp3240.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bank Multiarta Sentosa 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): 5.51%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.79%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 7.42x
- Recent ROE (5.51%) is below the historical average (6.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 4.22% | 11.67% | 0.09x | 4.08x | Rp-67.66 Billion |
| 2016 | 6.07% | 13.40% | 0.08x | 5.55x | Rp-50.50 Billion |
| 2017 | 7.69% | 14.79% | 0.07x | 7.65x | Rp-32.18 Billion |
| 2018 | 9.52% | 16.04% | 0.08x | 7.24x | Rp-7.45 Billion |
| 2019 | 7.09% | 11.19% | 0.07x | 8.66x | Rp-48.49 Billion |
| 2020 | 5.72% | 8.81% | 0.06x | 11.40x | Rp-80.79 Billion |
| 2021 | 7.89% | 15.75% | 0.06x | 8.59x | Rp-56.98 Billion |
| 2022 | 8.91% | 23.02% | 0.06x | 6.22x | Rp-37.21 Billion |
| 2023 | 6.62% | 15.91% | 0.06x | 7.44x | Rp-124.39 Billion |
| 2024 | 5.51% | 11.79% | 0.06x | 7.42x | Rp-174.78 Billion |
Industry Comparison
This section compares Bank Multiarta Sentosa PT's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $2,930,214,054,600
- Average return on equity (ROE) among peers: 0.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bank Multiarta Sentosa PT (MASB) | Rp4.08 Trillion | 4.22% | 7.23x | $266.17 Million |
| Bank Rakyat Indonesia Agroniaga (AGRO) | $235.09 Billion | 0.00% | 11.64x | $262.39 Million |
| Bank Agris Tbk (AGRS) | $567.10 Billion | 0.69% | 6.44x | $196.33 Million |
| Bank Amar Indonesia (AMAR) | $3.34 Trillion | 6.44% | 0.46x | $208.99 Million |
| Bank Artos Indonesia Tbk PT (ARTO) | $105.09 Billion | 0.00% | 3.34x | $1.06 Billion |
| Bank Mnc Internasional Tbk (BABP) | $268.38 Billion | 11.79% | 13.17x | $132.86 Million |
| Bank Capital Indonesia Tbk (BACA) | $1.64 Trillion | 3.74% | 11.33x | $160.18 Million |
| Bank Net Indonesia Syariah Tbk PT (BANK) | $754.61 Billion | -39.01% | 1.31x | $502.76 Million |
| Bank Central Asia Tbk (BBCA) | $15.85 Trillion | 22.70% | 8.48x | $42.25 Billion |
| Bk Harda Internasional Tbk Pt (BBHI) | $299.77 Billion | -12.19% | 7.43x | $1.62 Billion |
| Bank Bukopin Tbk (BBKP) | $6.24 Trillion | 15.16% | 10.12x | $671.50 Million |
About Bank Multiarta Sentosa PT
PT Bank Multiarta Sentosa Tbk, together with its subsidiaries, provides various banking products and services in Indonesia. It offers saving and current accounts; time deposits; customer fund account; business and investment loans; personal loan, such as home, apartment, office, shop, and vehicle; mobile and internet banking; automated teller machine. It operates a network of branches and sub-bra… Read more