Metropolitan Kentjana Tbk
PT Metropolitan Kentjana Tbk develops and manages land and buildings in Indonesia. The company operates in two segments, Commercial Property Leasing and Property Sales. It also engages in the rental of space in shopping centers, office buildings, and apartments, as well as sells land and buildings. The company was founded in 1972 and is headquartered in Jakarta Selatan, Indonesia.
Metropolitan Kentjana Tbk (MKPI) - Net Assets
Latest net assets as of June 2025: Rp7.12 Trillion IDR
Based on the latest financial reports, Metropolitan Kentjana Tbk (MKPI) has net assets worth Rp7.12 Trillion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp9.36 Trillion) and total liabilities (Rp2.24 Trillion). 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 | Rp7.12 Trillion |
| % of Total Assets | 76.11% |
| Annual Growth Rate | 13.83% |
| 5-Year Change | 30.77% |
| 10-Year Change | 159.18% |
| Growth Volatility | 8.55 |
Metropolitan Kentjana Tbk - Net Assets Trend (2008–2024)
This chart illustrates how Metropolitan Kentjana 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 Metropolitan Kentjana Tbk (2008–2024)
The table below shows the annual net assets of Metropolitan Kentjana Tbk from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp7.33 Trillion | +7.03% |
| 2023-12-31 | Rp6.85 Trillion | +6.56% |
| 2022-12-31 | Rp6.43 Trillion | +10.17% |
| 2021-12-31 | Rp5.84 Trillion | +4.08% |
| 2020-12-31 | Rp5.61 Trillion | +1.88% |
| 2019-12-31 | Rp5.50 Trillion | +5.20% |
| 2018-12-31 | Rp5.23 Trillion | +14.94% |
| 2017-12-31 | Rp4.55 Trillion | +22.52% |
| 2016-12-31 | Rp3.71 Trillion | +31.31% |
| 2015-12-31 | Rp2.83 Trillion | +30.87% |
| 2014-12-31 | Rp2.16 Trillion | +12.67% |
| 2013-12-31 | Rp1.92 Trillion | +12.24% |
| 2012-12-31 | Rp1.71 Trillion | +14.84% |
| 2011-12-31 | Rp1.49 Trillion | +15.92% |
| 2010-12-31 | Rp1.28 Trillion | +14.08% |
| 2009-12-31 | Rp1.13 Trillion | +21.93% |
| 2008-12-31 | Rp923.22 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Metropolitan Kentjana 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 535.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp7.33 Trillion | 99.90% |
| Common Stock | Rp94.82 Billion | 1.29% |
| Other Comprehensive Income | Rp39.16 Billion | 0.53% |
| Total Equity | Rp7.33 Trillion | 100.00% |
Metropolitan Kentjana Tbk Competitors by Market Cap
The table below lists competitors of Metropolitan Kentjana Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asian Granito India Limited
NSE:ASIANTILES
|
$84.16 Million |
|
Banque Nationale de Belgique S.A.
LSE:0DT1
|
$84.17 Million |
|
Tai Tung Communication Co Ltd
TW:8011
|
$84.20 Million |
|
GoPro Inc
NASDAQ:GPRO
|
$84.21 Million |
|
JTL Industries Ltd
NSE:JTLIND
|
$84.15 Million |
|
U2Bio Co., Ltd.
KQ:221800
|
$84.13 Million |
|
Dimeco Inc
OTCQX:DIMC
|
$84.10 Million |
|
Charlton Aria Acquisition Corporation Units
NASDAQ:CHARU
|
$84.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Metropolitan Kentjana Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,851,660,548,000 to 7,333,079,930,000, a change of 481,419,382,000 (7.0%).
- Net income of 985,660,827,000 contributed positively to equity growth.
- Dividend payments of 507,283,790,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,042,345,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp985.66 Billion | +13.44% |
| Dividends Paid | Rp507.28 Billion | -6.92% |
| Other Comprehensive Income | Rp4.04 Billion | +0.06% |
| Other Changes | Rp-1.00 Billion | -0.01% |
| Total Change | Rp- | 7.03% |
Book Value vs Market Value Analysis
This analysis compares Metropolitan Kentjana 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: 3.03x
- 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 21.63x to 3.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Rp1082.08 | Rp23400.00 | x |
| 2009-12-31 | Rp1187.15 | Rp23400.00 | x |
| 2010-12-31 | Rp1354.36 | Rp23400.00 | x |
| 2011-12-31 | Rp1570.01 | Rp23400.00 | x |
| 2012-12-31 | Rp1802.90 | Rp23400.00 | x |
| 2013-12-31 | Rp2023.43 | Rp23400.00 | x |
| 2014-12-31 | Rp2279.80 | Rp23400.00 | x |
| 2015-12-31 | Rp2983.67 | Rp23400.00 | x |
| 2016-12-31 | Rp3917.77 | Rp23400.00 | x |
| 2017-12-31 | Rp4800.19 | Rp23400.00 | x |
| 2018-12-31 | Rp5517.43 | Rp23400.00 | x |
| 2019-12-31 | Rp5804.38 | Rp23400.00 | x |
| 2020-12-31 | Rp5913.91 | Rp23400.00 | x |
| 2021-12-31 | Rp6155.55 | Rp23400.00 | x |
| 2022-12-31 | Rp6781.27 | Rp23400.00 | x |
| 2023-12-31 | Rp7226.01 | Rp23400.00 | x |
| 2024-12-31 | Rp7733.73 | Rp23400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Metropolitan Kentjana 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): 13.44%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.70%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.22x
- Recent ROE (13.44%) is below the historical average (18.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 28.22% | 43.11% | 0.37x | 1.79x | Rp168.24 Billion |
| 2009 | 21.00% | 34.74% | 0.41x | 1.48x | Rp123.86 Billion |
| 2010 | 20.47% | 37.01% | 0.39x | 1.42x | Rp134.43 Billion |
| 2011 | 21.70% | 39.10% | 0.39x | 1.44x | Rp174.13 Billion |
| 2012 | 21.24% | 40.86% | 0.35x | 1.49x | Rp192.10 Billion |
| 2013 | 19.05% | 36.58% | 0.35x | 1.48x | Rp173.70 Billion |
| 2014 | 20.24% | 37.88% | 0.27x | 2.00x | Rp221.30 Billion |
| 2015 | 31.45% | 42.47% | 0.37x | 2.02x | Rp606.72 Billion |
| 2016 | 32.29% | 46.76% | 0.39x | 1.78x | Rp827.89 Billion |
| 2017 | 26.23% | 46.96% | 0.37x | 1.50x | Rp738.49 Billion |
| 2018 | 19.47% | 45.94% | 0.32x | 1.34x | Rp495.43 Billion |
| 2019 | 11.17% | 32.82% | 0.26x | 1.32x | Rp64.42 Billion |
| 2020 | 4.12% | 18.96% | 0.16x | 1.36x | Rp-329.48 Billion |
| 2021 | 5.56% | 24.64% | 0.16x | 1.37x | Rp-258.91 Billion |
| 2022 | 10.91% | 35.95% | 0.24x | 1.27x | Rp58.36 Billion |
| 2023 | 12.32% | 36.29% | 0.28x | 1.22x | Rp159.27 Billion |
| 2024 | 13.44% | 39.70% | 0.28x | 1.22x | Rp252.35 Billion |
Industry Comparison
This section compares Metropolitan Kentjana Tbk's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,782,492,457,203
- Average return on equity (ROE) among peers: 3.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Metropolitan Kentjana Tbk (MKPI) | Rp7.12 Trillion | 28.22% | 0.31x | $84.16 Million |
| Bekasi Fajar Industrial Estate (BEST) | $2.85 Trillion | 13.72% | 0.28x | $25.77 Million |
| Bukit Darmo Property Tbk (BKDP) | $381.91 Billion | -9.06% | 0.99x | $3.44 Million |
| PT Bangun Kosambi Sukses Tbk (CBDK) | $432.24 Million | 17.46% | 29.38x | $167.95 Million |
| Diamond Citra Propertindo PT (DADA) | $343.31 Billion | 1.48% | 0.84x | $12.24 Million |
| Duta Anggada Realty Tbk (DART) | $739.01 Billion | 3.64% | 2.47x | $2.35 Million |
| PT Dafam Property Indonesia Tbk (DFAM) | $-55.42 Billion | 0.00% | 0.00x | $7.90 Million |
| Bakrieland Development Tbk (ELTY) | $7.17 Trillion | -3.22% | 0.72x | $23.70 |
| Megapolitan Developments Tbk (EMDE) | $602.96 Billion | 7.43% | 0.96x | $3.83 Million |
| Indonesian Paradise Property (INPP) | $5.77 Trillion | -8.38% | 0.33x | $94.75 Million |
| Era Graharealty PT Tbk (IPAC) | $25.78 Billion | 15.17% | 0.28x | $834.38K |