Multi Indocitra Tbk (MICE) - Net Assets
Based on the latest financial reports, Multi Indocitra Tbk (MICE) has net assets worth Rp969.35 Billion IDR (≈ $56.80 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp1.49 Trillion ≈ $87.15 Million USD) and total liabilities (Rp517.97 Billion ≈ $30.35 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. Also explore Multi Indocitra Tbk asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rp969.35 Billion |
| % of Total Assets | 65.17% |
| Annual Growth Rate | 18.07% |
| 5-Year Change | 36.29% |
| 10-Year Change | 61.19% |
| Growth Volatility | 33.27 |
Multi Indocitra Tbk - Net Assets Trend (2001–2025)
This chart illustrates how Multi Indocitra Tbk's net assets have evolved over time, based on quarterly financial data. Check Multi Indocitra Tbk (MICE) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Multi Indocitra Tbk (2001–2025)
The table below shows the annual net assets of Multi Indocitra Tbk from 2001 to 2025. For live valuation and market cap data, see market value of Multi Indocitra Tbk.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Rp968.47 Billion ≈ $56.75 Million |
+4.40% |
| 2024-12-31 | Rp927.63 Billion ≈ $54.36 Million |
+4.15% |
| 2023-12-31 | Rp890.67 Billion ≈ $52.19 Million |
+18.91% |
| 2022-12-31 | Rp749.01 Billion ≈ $43.89 Million |
+5.41% |
| 2021-12-31 | Rp710.57 Billion ≈ $41.64 Million |
+4.39% |
| 2020-12-31 | Rp680.71 Billion ≈ $39.89 Million |
+0.27% |
| 2019-12-31 | Rp678.86 Billion ≈ $39.78 Million |
+6.45% |
| 2018-12-31 | Rp637.71 Billion ≈ $37.37 Million |
+4.99% |
| 2017-12-31 | Rp607.38 Billion ≈ $35.59 Million |
+1.09% |
| 2016-12-31 | Rp600.81 Billion ≈ $35.21 Million |
+2.88% |
| 2015-12-31 | Rp583.97 Billion ≈ $34.22 Million |
+9.87% |
| 2014-12-31 | Rp531.49 Billion ≈ $31.14 Million |
+7.28% |
| 2013-12-31 | Rp495.40 Billion ≈ $29.03 Million |
+46.06% |
| 2012-12-31 | Rp339.17 Billion ≈ $19.87 Million |
+10.78% |
| 2011-12-31 | Rp306.16 Billion ≈ $17.94 Million |
+7.16% |
| 2010-12-31 | Rp285.70 Billion ≈ $16.74 Million |
+13.39% |
| 2009-12-31 | Rp251.97 Billion ≈ $14.76 Million |
+8.31% |
| 2008-12-31 | Rp232.64 Billion ≈ $13.63 Million |
+6.55% |
| 2007-12-31 | Rp218.33 Billion ≈ $12.79 Million |
+11.98% |
| 2006-12-31 | Rp194.96 Billion ≈ $11.42 Million |
+22.56% |
| 2005-12-31 | Rp159.08 Billion ≈ $9.32 Million |
+160.60% |
| 2004-12-31 | Rp61.04 Billion ≈ $3.58 Million |
+50.82% |
| 2003-12-31 | Rp40.47 Billion ≈ $2.37 Million |
+46.05% |
| 2002-12-31 | Rp27.71 Billion ≈ $1.62 Million |
+54.21% |
| 2001-12-31 | Rp17.97 Billion ≈ $1.05 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Multi Indocitra 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 grown by 66323998400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp663.24 Billion | 68.48% |
| Common Stock | Rp60.00 Billion | 6.20% |
| Other Comprehensive Income | Rp207.01 Billion | 21.37% |
| Other Components | Rp38.21 Billion | 3.95% |
| Total Equity | Rp968.45 Billion | 100.00% |
Multi Indocitra Tbk Competitors by Market Cap
The table below lists competitors of Multi Indocitra Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SPECO Ltd
KQ:013810
|
$17.58 Million |
|
Greater Than AB
ST:GREAT
|
$17.59 Million |
|
Quartz Mountain Resources Ltd
V:QZM
|
$17.59 Million |
|
Canuc Resources Corp
V:CDA
|
$17.59 Million |
|
Mhethanol Co. Ltd.
KO:023150
|
$17.57 Million |
|
Green River Holding Co Ltd
TWO:8444
|
$17.57 Million |
|
L&P Global Berhad
KLSE:0268
|
$17.56 Million |
|
Konsolidator AS
CO:KONSOL
|
$17.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Multi Indocitra Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 927,610,039,000 to 968,454,598,000, a change of 40,844,559,000 (4.4%).
- Net income of 43,613,985,000 contributed positively to equity growth.
- Dividend payments of 5,919,040,000 reduced retained earnings.
- Share repurchases of 4,048,000,000 reduced equity.
- Other comprehensive income decreased equity by 69,753,347,000.
- Other factors increased equity by 76,950,961,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp43.61 Billion | +4.5% |
| Dividends Paid | Rp5.92 Billion | -0.61% |
| Share Repurchases | Rp4.05 Billion | -0.42% |
| Other Comprehensive Income | Rp-69.75 Billion | -7.2% |
| Other Changes | Rp76.95 Billion | +7.95% |
| Total Change | Rp- | 4.40% |
Book Value vs Market Value Analysis
This analysis compares Multi Indocitra 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: 0.31x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 1.52x to 0.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Rp328.30 | Rp500.00 | x |
| 2008-12-31 | Rp347.65 | Rp500.00 | x |
| 2009-12-31 | Rp378.06 | Rp500.00 | x |
| 2010-12-31 | Rp431.69 | Rp500.00 | x |
| 2011-12-31 | Rp458.00 | Rp500.00 | x |
| 2012-12-31 | Rp506.14 | Rp500.00 | x |
| 2013-12-31 | Rp738.91 | Rp500.00 | x |
| 2014-12-31 | Rp793.62 | Rp500.00 | x |
| 2015-12-31 | Rp885.99 | Rp500.00 | x |
| 2016-12-31 | Rp922.37 | Rp500.00 | x |
| 2017-12-31 | Rp1020.09 | Rp500.00 | x |
| 2018-12-31 | Rp1071.00 | Rp500.00 | x |
| 2019-12-31 | Rp1154.25 | Rp500.00 | x |
| 2020-12-31 | Rp1143.21 | Rp500.00 | x |
| 2021-12-31 | Rp1200.46 | Rp500.00 | x |
| 2022-12-31 | Rp1265.41 | Rp500.00 | x |
| 2023-12-31 | Rp1504.74 | Rp500.00 | x |
| 2024-12-31 | Rp1567.16 | Rp500.00 | x |
| 2025-12-31 | Rp1628.75 | Rp500.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Multi Indocitra 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): 4.50%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.60%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 1.53x
- Recent ROE (4.50%) is below the historical average (10.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 35.09% | 10.97% | 1.23x | 2.60x | Rp12.52 Billion |
| 2005 | 19.22% | 14.18% | 0.93x | 1.46x | Rp13.25 Billion |
| 2006 | 21.75% | 17.31% | 0.98x | 1.29x | Rp20.67 Billion |
| 2007 | 15.24% | 12.31% | 0.98x | 1.26x | Rp10.31 Billion |
| 2008 | 11.48% | 7.78% | 1.15x | 1.29x | Rp3.08 Billion |
| 2009 | 13.38% | 8.91% | 1.17x | 1.28x | Rp7.66 Billion |
| 2010 | 10.93% | 6.65% | 1.14x | 1.44x | Rp2.40 Billion |
| 2011 | 10.99% | 6.45% | 1.08x | 1.58x | Rp2.69 Billion |
| 2012 | 13.46% | 7.26% | 1.19x | 1.55x | Rp10.46 Billion |
| 2013 | 9.08% | 6.77% | 0.94x | 1.43x | Rp-4.04 Billion |
| 2014 | 8.15% | 7.31% | 0.80x | 1.40x | Rp-8.74 Billion |
| 2015 | 4.42% | 4.20% | 0.73x | 1.44x | Rp-29.52 Billion |
| 2016 | 3.79% | 3.24% | 0.76x | 1.55x | Rp-33.93 Billion |
| 2017 | 10.97% | 11.69% | 0.66x | 1.42x | Rp5.89 Billion |
| 2018 | 5.17% | 5.17% | 0.69x | 1.46x | Rp-30.77 Billion |
| 2019 | 5.39% | 5.05% | 0.71x | 1.51x | Rp-31.69 Billion |
| 2020 | 0.40% | 0.41% | 0.65x | 1.47x | Rp-65.37 Billion |
| 2021 | 4.24% | 3.91% | 0.72x | 1.50x | Rp-40.94 Billion |
| 2022 | 6.37% | 4.90% | 0.81x | 1.60x | Rp-27.19 Billion |
| 2023 | 3.86% | 3.16% | 0.82x | 1.49x | Rp-54.70 Billion |
| 2024 | 4.54% | 3.77% | 0.79x | 1.53x | Rp-50.64 Billion |
| 2025 | 4.50% | 3.60% | 0.82x | 1.53x | Rp-53.23 Billion |
Industry Comparison
This section compares Multi Indocitra Tbk's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $1,678,321,706,611
- Average return on equity (ROE) among peers: 6.90%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Multi Indocitra Tbk (MICE) | Rp969.35 Billion | 35.09% | 0.53x | $17.58 Million |
| PT Estee Gold Feet Tbk (EURO) | $62.40 Billion | 8.22% | 0.08x | $303.18 Million |
| Falmaco Nonwoven Industri PT Tbk (FLMC) | $6.47 Billion | -87.80% | 15.76x | $3.43 Million |
| Martina Berto Tbk (MBTO) | $235.17 Billion | -28.47% | 1.51x | $7.46 Million |
| Mustika Ratu Tbk (MRAT) | $401.89 Billion | -3.52% | 0.58x | $11.03 Million |
| Mandom Indonesia Tbk (TCID) | $342.57 Billion | 18.24% | 0.13x | $65.04 Million |
| Uni Charm Indonesia PT (UCID) | $4.49 Trillion | 6.93% | 0.70x | $93.53 Million |
| Unilever Indonesia Tbk (UNVR) | $7.58 Trillion | 120.21% | 1.58x | $3.75 Billion |
| Victoria Care Indonesia Tbk Pt (VICI) | $305.30 Billion | 21.39% | 1.02x | $231.91 Million |
About Multi Indocitra Tbk
PT Multi Indocitra Tbk produces and distributes baby and health care products, and cosmetics in Indonesia. The company offers baby products and mother care products, such as bottle teats, pacifiers, breast pumps, baby toiletries, diapers, wet wipes, and toys, as well as products for senior citizens under the Pigeon brand. It also provides logistics services. The company was founded in 1990 and is… Read more