Mustika Ratu Tbk
PT Mustika Ratu Tbk, together with its subsidiaries, engages in the manufacture, trade, and distribution of herbal and traditional cosmetics in Indonesia. It is also involved in the entertainment and arts activities. The company was founded in 1978 and is based in Jakarta Selatan, Indonesia. PT Mustika Ratu Tbk operates as a subsidiary of PT Mustika Ratu Investama.
Mustika Ratu Tbk (MRAT) - Net Assets
Latest net assets as of June 2025: Rp574.01 Billion IDR
Based on the latest financial reports, Mustika Ratu Tbk (MRAT) has net assets worth Rp574.01 Billion IDR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp817.09 Billion) and total liabilities (Rp243.08 Billion). 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 | Rp574.01 Billion |
| % of Total Assets | 70.25% |
| Annual Growth Rate | 3.92% |
| 5-Year Change | 67.53% |
| 10-Year Change | 52.15% |
| Growth Volatility | 9.72 |
Mustika Ratu Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Mustika Ratu 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 Mustika Ratu Tbk (2000–2024)
The table below shows the annual net assets of Mustika Ratu Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp573.66 Billion | +42.74% |
| 2023-12-31 | Rp401.89 Billion | -2.31% |
| 2022-12-31 | Rp411.39 Billion | +19.87% |
| 2021-12-31 | Rp343.20 Billion | +0.23% |
| 2020-12-31 | Rp342.42 Billion | -7.11% |
| 2019-12-31 | Rp368.64 Billion | +0.18% |
| 2018-12-31 | Rp367.97 Billion | +0.34% |
| 2017-12-31 | Rp366.73 Billion | -0.64% |
| 2016-12-31 | Rp369.09 Billion | -2.11% |
| 2015-12-31 | Rp377.03 Billion | -0.51% |
| 2014-12-31 | Rp378.96 Billion | +0.31% |
| 2013-12-31 | Rp377.79 Billion | -2.10% |
| 2012-12-31 | Rp385.89 Billion | +7.66% |
| 2011-12-31 | Rp358.43 Billion | +6.19% |
| 2010-12-31 | Rp337.52 Billion | +6.67% |
| 2009-12-31 | Rp316.42 Billion | +4.21% |
| 2008-12-31 | Rp303.63 Billion | +8.61% |
| 2007-12-31 | Rp279.57 Billion | +5.77% |
| 2006-12-31 | Rp264.33 Billion | +3.40% |
| 2005-12-31 | Rp255.64 Billion | +3.24% |
| 2004-12-31 | Rp247.61 Billion | +5.88% |
| 2003-12-31 | Rp233.86 Billion | -2.63% |
| 2002-12-31 | Rp240.17 Billion | -3.57% |
| 2001-12-31 | Rp249.06 Billion | +9.36% |
| 2000-12-31 | Rp227.74 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mustika Ratu 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 145.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp241.57 Billion | 42.12% |
| Common Stock | Rp53.50 Billion | 9.33% |
| Other Comprehensive Income | Rp221.81 Billion | 38.67% |
| Other Components | Rp56.71 Billion | 9.89% |
| Total Equity | Rp573.58 Billion | 100.00% |
Mustika Ratu Tbk Competitors by Market Cap
The table below lists competitors of Mustika Ratu Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ACKERMANS (B3K.SG)
STU:B3K
|
$2.68 Million |
|
AE Multi Holdings Bhd
KLSE:7146
|
$2.68 Million |
|
PT Menn Teknologi Indonesia
JK:MENN
|
$2.69 Million |
|
Winvia Entertainment PLC
LSE:WVIA
|
$2.69 Million |
|
ENRG Elements Limited
PINK:EELFF
|
$2.68 Million |
|
Orestone Mining Corp
PINK:ORESF
|
$2.68 Million |
|
14S0
F:14S0
|
$2.68 Million |
|
Pan Asia Metals Ltd
AU:PAM
|
$2.68 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mustika Ratu Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 401,838,786,060 to 573,583,818,000, a change of 171,745,031,940 (42.7%).
- Net loss of 5,122,539,000 reduced equity.
- Other comprehensive income increased equity by 221,805,239,000.
- Other factors decreased equity by 44,937,668,060.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp-5.12 Billion | -0.89% |
| Other Comprehensive Income | Rp221.81 Billion | +38.67% |
| Other Changes | Rp-44.94 Billion | -7.83% |
| Total Change | Rp- | 42.74% |
Book Value vs Market Value Analysis
This analysis compares Mustika Ratu 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: 0.32x
- 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 0.61x to 0.32x 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 | Rp709.40 | Rp430.00 | x |
| 2009-12-31 | Rp739.28 | Rp430.00 | x |
| 2010-12-31 | Rp788.58 | Rp430.00 | x |
| 2011-12-31 | Rp837.42 | Rp430.00 | x |
| 2012-12-31 | Rp901.58 | Rp430.00 | x |
| 2013-12-31 | Rp882.66 | Rp430.00 | x |
| 2014-12-31 | Rp885.38 | Rp430.00 | x |
| 2015-12-31 | Rp880.87 | Rp430.00 | x |
| 2016-12-31 | Rp862.33 | Rp430.00 | x |
| 2017-12-31 | Rp856.74 | Rp430.00 | x |
| 2018-12-31 | Rp859.64 | Rp430.00 | x |
| 2019-12-31 | Rp861.19 | Rp430.00 | x |
| 2020-12-31 | Rp799.94 | Rp430.00 | x |
| 2021-12-31 | Rp801.75 | Rp430.00 | x |
| 2022-12-31 | Rp961.12 | Rp430.00 | x |
| 2023-12-31 | Rp938.88 | Rp430.00 | x |
| 2024-12-31 | Rp1340.15 | Rp430.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mustika Ratu 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): -0.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.54%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.43x
- Recent ROE (-0.89%) is below the historical average (4.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 13.81% | 16.19% | 0.70x | 1.22x | Rp8.67 Billion |
| 2001 | 14.60% | 15.93% | 0.77x | 1.18x | Rp11.46 Billion |
| 2002 | 8.52% | 8.08% | 0.87x | 1.21x | Rp-3.56 Billion |
| 2003 | 4.60% | 4.69% | 0.84x | 1.17x | Rp-12.62 Billion |
| 2004 | 5.31% | 5.39% | 0.83x | 1.19x | Rp-11.61 Billion |
| 2005 | 3.33% | 4.09% | 0.72x | 1.14x | Rp-17.05 Billion |
| 2006 | 3.44% | 4.02% | 0.78x | 1.10x | Rp-17.34 Billion |
| 2007 | 3.98% | 4.41% | 0.80x | 1.13x | Rp-16.83 Billion |
| 2008 | 7.34% | 7.24% | 0.87x | 1.17x | Rp-8.07 Billion |
| 2009 | 6.64% | 6.08% | 0.95x | 1.16x | Rp-10.62 Billion |
| 2010 | 7.23% | 6.61% | 0.96x | 1.14x | Rp-9.33 Billion |
| 2011 | 7.78% | 6.86% | 0.96x | 1.18x | Rp-7.97 Billion |
| 2012 | 7.97% | 6.71% | 1.01x | 1.18x | Rp-7.84 Billion |
| 2013 | -1.77% | -1.87% | 0.81x | 1.16x | Rp-44.48 Billion |
| 2014 | 1.86% | 1.62% | 0.87x | 1.32x | Rp-30.84 Billion |
| 2015 | 0.28% | 0.24% | 0.86x | 1.32x | Rp-36.66 Billion |
| 2016 | -1.50% | -1.61% | 0.71x | 1.31x | Rp-42.46 Billion |
| 2017 | -0.36% | -0.38% | 0.69x | 1.36x | Rp-37.99 Billion |
| 2018 | -0.61% | -0.75% | 0.59x | 1.39x | Rp-39.05 Billion |
| 2019 | 0.04% | 0.04% | 0.57x | 1.45x | Rp-36.73 Billion |
| 2020 | -1.98% | -2.13% | 0.57x | 1.64x | Rp-41.00 Billion |
| 2021 | 0.10% | 0.11% | 0.57x | 1.69x | Rp-33.96 Billion |
| 2022 | 16.49% | 23.79% | 0.41x | 1.69x | Rp26.70 Billion |
| 2023 | -3.52% | -4.70% | 0.47x | 1.58x | Rp-54.32 Billion |
| 2024 | -0.89% | -1.54% | 0.41x | 1.43x | Rp-62.48 Billion |
Industry Comparison
This section compares Mustika Ratu 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: $1,625,409,742,014
- Average return on equity (ROE) among peers: 23.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mustika Ratu Tbk (MRAT) | Rp574.01 Billion | 13.81% | 0.42x | $2.68 Million |
| PT Estee Gold Feet Tbk (EURO) | $11.75 Billion | 25.81% | 0.88x | $101.98 Million |
| Falmaco Nonwoven Industri PT Tbk (FLMC) | $95.43 Billion | -58.47% | 1.06x | $1.42 Million |
| Martina Berto Tbk (MBTO) | $440.93 Billion | 2.00% | 0.61x | $2.48 Million |
| Multi Indocitra Tbk (MICE) | $637.71 Billion | 5.17% | 0.46x | $6.15 Million |
| Mandom Indonesia Tbk (TCID) | $2.02 Trillion | 7.19% | 0.26x | $14.44 Million |
| Uni Charm Indonesia PT (UCID) | $4.91 Trillion | 9.78% | 0.59x | $20.94 Million |
| Unilever Indonesia Tbk (UNVR) | $4.48 Trillion | 170.75% | 3.47x | $645.57 Million |
| Victoria Care Indonesia Tbk Pt (VICI) | $416.69 Billion | 26.82% | 0.87x | $32.49 Million |