Multipolar Technology Tbk
PT Multipolar Technology Tbk provides IT services and solutions in Indonesia. The company offers security platforms and services, including application, network, data, user, managed security services, and eKYC; digital insights, such as big data and business performance analytics services, artificial intelligence, credit scoring API, billing payment dashboard, and fraud detection and campaign sys… Read more
Multipolar Technology Tbk (MLPT) - Net Assets
Latest net assets as of September 2025: Rp761.19 Billion IDR
Based on the latest financial reports, Multipolar Technology Tbk (MLPT) has net assets worth Rp761.19 Billion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp3.49 Trillion) and total liabilities (Rp2.73 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 | Rp761.19 Billion |
| % of Total Assets | 21.81% |
| Annual Growth Rate | 16.49% |
| 5-Year Change | -23.43% |
| 10-Year Change | -4.12% |
| Growth Volatility | 38.12 |
Multipolar Technology Tbk - Net Assets Trend (2010–2024)
This chart illustrates how Multipolar Technology 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 Multipolar Technology Tbk (2010–2024)
The table below shows the annual net assets of Multipolar Technology Tbk from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp675.39 Billion | -5.37% |
| 2023-12-31 | Rp713.75 Billion | -13.42% |
| 2022-12-31 | Rp824.42 Billion | -14.02% |
| 2021-12-31 | Rp958.86 Billion | +8.71% |
| 2020-12-31 | Rp882.02 Billion | -9.87% |
| 2019-12-31 | Rp978.57 Billion | +7.38% |
| 2018-12-31 | Rp911.35 Billion | +3.85% |
| 2017-12-31 | Rp877.54 Billion | +6.71% |
| 2016-12-31 | Rp822.36 Billion | +16.74% |
| 2015-12-31 | Rp704.41 Billion | +15.77% |
| 2014-12-31 | Rp608.48 Billion | +37.17% |
| 2013-12-31 | Rp443.58 Billion | +128.29% |
| 2012-12-31 | Rp194.31 Billion | +35.95% |
| 2011-12-31 | Rp142.93 Billion | +79.38% |
| 2010-12-31 | Rp79.68 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Multipolar Technology 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 38200300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp382.00 Billion | 56.34% |
| Common Stock | Rp187.50 Billion | 27.65% |
| Other Comprehensive Income | Rp-17.26 Billion | -2.55% |
| Other Components | Rp125.77 Billion | 18.55% |
| Total Equity | Rp678.01 Billion | 100.00% |
Multipolar Technology Tbk Competitors by Market Cap
The table below lists competitors of Multipolar Technology Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chrysos Corporation Ltd
AU:C79
|
$333.68 Million |
|
Blue Dart Express Limited
NSE:BLUEDART
|
$333.76 Million |
|
JINS HOLDINGS INC.
F:5F3
|
$333.84 Million |
|
Orange County Bancorp Inc
NASDAQ:OBT
|
$333.88 Million |
|
Universal Store Holdings Ltd
AU:UNI
|
$333.66 Million |
|
FORTERRA PLC LS -01
F:F0T
|
$333.60 Million |
|
ProSiebenSat.1 Media SE
PINK:PBSFF
|
$333.44 Million |
|
Trilogy Metals Inc
NYSE MKT:TMQ
|
$333.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Multipolar Technology Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 716,352,000,000 to 678,012,000,000, a change of -38,340,000,000 (-5.4%).
- Net income of 368,880,000,000 contributed positively to equity growth.
- Dividend payments of 406,875,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,399,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp368.88 Billion | +54.41% |
| Dividends Paid | Rp406.88 Billion | -60.01% |
| Other Comprehensive Income | Rp-6.40 Billion | -0.94% |
| Other Changes | Rp6.05 Billion | +0.89% |
| Total Change | Rp- | -5.35% |
Book Value vs Market Value Analysis
This analysis compares Multipolar Technology 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: 53.23x
- 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 203.29x to 53.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Rp94.69 | Rp19250.00 | x |
| 2013-12-31 | Rp248.01 | Rp19250.00 | x |
| 2014-12-31 | Rp271.43 | Rp19250.00 | x |
| 2015-12-31 | Rp323.61 | Rp19250.00 | x |
| 2016-12-31 | Rp395.85 | Rp19250.00 | x |
| 2017-12-31 | Rp422.55 | Rp19250.00 | x |
| 2018-12-31 | Rp448.63 | Rp19250.00 | x |
| 2019-12-31 | Rp479.19 | Rp19250.00 | x |
| 2020-12-31 | Rp434.03 | Rp19250.00 | x |
| 2021-12-31 | Rp456.82 | Rp19250.00 | x |
| 2022-12-31 | Rp441.09 | Rp19250.00 | x |
| 2023-12-31 | Rp382.05 | Rp19250.00 | x |
| 2024-12-31 | Rp361.61 | Rp19250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Multipolar Technology 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): 54.41%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.89%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 4.88x
- Recent ROE (54.41%) is above the historical average (25.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 17.04% | 2.26% | 1.33x | 5.66x | Rp12.49 Billion |
| 2013 | 13.59% | 3.77% | 1.21x | 2.99x | Rp14.99 Billion |
| 2014 | 14.04% | 3.64% | 1.13x | 3.41x | Rp20.54 Billion |
| 2015 | 16.34% | 4.63% | 1.27x | 2.77x | Rp38.50 Billion |
| 2016 | 19.90% | 7.66% | 1.08x | 2.40x | Rp73.50 Billion |
| 2017 | 14.18% | 5.25% | 1.14x | 2.36x | Rp33.14 Billion |
| 2018 | 11.85% | 4.09% | 1.18x | 2.45x | Rp15.55 Billion |
| 2019 | 15.28% | 5.59% | 1.17x | 2.34x | Rp47.43 Billion |
| 2020 | 21.20% | 6.42% | 1.11x | 2.97x | Rp91.15 Billion |
| 2021 | 30.26% | 8.65% | 1.00x | 3.49x | Rp173.54 Billion |
| 2022 | 67.59% | 16.24% | 1.27x | 3.29x | Rp476.30 Billion |
| 2023 | 31.33% | 6.81% | 1.06x | 4.36x | Rp152.80 Billion |
| 2024 | 54.41% | 9.89% | 1.13x | 4.88x | Rp301.08 Billion |
Industry Comparison
This section compares Multipolar Technology Tbk's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $330,455,425,475
- Average return on equity (ROE) among peers: 20.80%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Multipolar Technology Tbk (MLPT) | Rp761.19 Billion | 17.04% | 3.59x | $333.67 Million |
| Dunia Virtual Online Tbk Pt (AREA) | $5.25 Billion | 81.76% | 0.70x | $10.22 Million |
| Anabatic Technologies Tbk PT (ATIC) | $206.47 Billion | 15.88% | 4.57x | $8.54 Million |
| DCI Indonesia Tbk PT (DCII) | $414.73 Billion | 11.49% | 0.63x | $6.58 Billion |
| Indointernet Tbk PT (EDGE) | $141.46 Billion | 31.71% | 0.74x | $46.99 Million |
| PT Data Sinergitama Jaya Tbk (ELIT) | $54.70 Billion | 17.76% | 1.19x | $6.82 Million |
| Envy Technologies Indonesia Tbk PT (ENVY) | $-485.30 Million | 0.00% | 0.00x | $5.50 Million |
| PT Informasi Teknologi Indones (JATI) | $161.04 Billion | 1.66% | 0.96x | $4.29 Million |
| Mastersystem Infotama Tbk. (MSTI) | $1.95 Trillion | 23.02% | 0.58x | $38.06 Million |
| PT Techno9 Indonesia Tbk (NINE) | $45.58 Billion | 3.96% | 0.11x | $9.26 Million |