Tigaraksa Satria Tbk
PT Tigaraksa Satria Tbk, together with its subsidiaries, engages in the trade and distribution of various consumer products in Indonesia. It operates through Food and Consumer Products, Gas (LPG) and Other Kitchen Appliances, and Books segments. The company sells and distributes food and beverage, baby and child nutrition, home care, cold chain, body care, and other consumer products; and educati… Read more
Tigaraksa Satria Tbk (TGKA) - Net Assets
Latest net assets as of September 2025: Rp2.30 Trillion IDR
Based on the latest financial reports, Tigaraksa Satria Tbk (TGKA) has net assets worth Rp2.30 Trillion IDR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rp4.62 Trillion) and total liabilities (Rp2.32 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 | Rp2.30 Trillion |
| % of Total Assets | 49.74% |
| Annual Growth Rate | 8.1% |
| 5-Year Change | 45.07% |
| 10-Year Change | 175.13% |
| Growth Volatility | 9.93 |
Tigaraksa Satria Tbk - Net Assets Trend (2000–2024)
This chart illustrates how Tigaraksa Satria 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 Tigaraksa Satria Tbk (2000–2024)
The table below shows the annual net assets of Tigaraksa Satria Tbk from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Rp2.32 Trillion | +5.40% |
| 2023-12-31 | Rp2.20 Trillion | +7.58% |
| 2022-12-31 | Rp2.05 Trillion | +16.17% |
| 2021-12-31 | Rp1.76 Trillion | +10.13% |
| 2020-12-31 | Rp1.60 Trillion | +14.85% |
| 2019-12-31 | Rp1.39 Trillion | +11.55% |
| 2018-12-31 | Rp1.25 Trillion | +15.80% |
| 2017-12-31 | Rp1.08 Trillion | +14.16% |
| 2016-12-31 | Rp943.93 Billion | +11.98% |
| 2015-12-31 | Rp842.91 Billion | +15.09% |
| 2014-12-31 | Rp732.40 Billion | +14.26% |
| 2013-12-31 | Rp640.99 Billion | +10.74% |
| 2012-12-31 | Rp578.82 Billion | +10.56% |
| 2011-12-31 | Rp523.54 Billion | +12.22% |
| 2010-12-31 | Rp466.54 Billion | +17.11% |
| 2009-12-31 | Rp398.36 Billion | +2.19% |
| 2008-12-31 | Rp389.83 Billion | +29.81% |
| 2007-12-31 | Rp300.30 Billion | +11.34% |
| 2006-12-31 | Rp269.72 Billion | +4.84% |
| 2005-12-31 | Rp257.28 Billion | +2.58% |
| 2004-12-31 | Rp250.81 Billion | -12.93% |
| 2003-12-31 | Rp288.06 Billion | -17.58% |
| 2002-12-31 | Rp349.50 Billion | +6.53% |
| 2001-12-31 | Rp328.08 Billion | -8.30% |
| 2000-12-31 | Rp357.77 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tigaraksa Satria 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 1325.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Rp2.17 Trillion | 97.59% |
| Common Stock | Rp91.85 Billion | 4.13% |
| Other Comprehensive Income | Rp18.37 Billion | 0.83% |
| Total Equity | Rp2.22 Trillion | 100.00% |
Tigaraksa Satria Tbk Competitors by Market Cap
The table below lists competitors of Tigaraksa Satria Tbk ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shine Justice Ltd
AU:SHJ
|
$21.02 Million |
|
Enjoei S.A
SA:ENJU3
|
$21.02 Million |
|
Bayfirst Financial Corp
NASDAQ:BAFN
|
$21.02 Million |
|
Nusasiri Public Company Limited
BK:NUSA
|
$21.03 Million |
|
MCE Holdings Bhd
KLSE:7004
|
$21.01 Million |
|
Asia Green Energy Public Company Limited
BK:AGE
|
$21.00 Million |
|
Lagis Enterprise Co., Ltd.
TWO:6730
|
$21.00 Million |
|
EURODRY LTD. DL -01
F:0LQ
|
$20.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tigaraksa Satria Tbk's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,092,042,000,000 to 2,221,828,000,000, a change of 129,786,000,000 (6.2%).
- Net income of 412,442,000,000 contributed positively to equity growth.
- Dividend payments of 286,570,000,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rp412.44 Billion | +18.56% |
| Dividends Paid | Rp286.57 Billion | -12.9% |
| Other Changes | Rp3.91 Billion | +0.18% |
| Total Change | Rp- | 6.20% |
Book Value vs Market Value Analysis
This analysis compares Tigaraksa Satria 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: 1.99x
- 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 8.58x to 1.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Rp560.44 | Rp4810.00 | x |
| 2012-12-31 | Rp619.35 | Rp4810.00 | x |
| 2013-12-31 | Rp687.60 | Rp4810.00 | x |
| 2014-12-31 | Rp787.77 | Rp4810.00 | x |
| 2015-12-31 | Rp905.98 | Rp4810.00 | x |
| 2016-12-31 | Rp1016.42 | Rp4810.00 | x |
| 2017-12-31 | Rp1162.99 | Rp4810.00 | x |
| 2018-12-31 | Rp1347.81 | Rp4810.00 | x |
| 2019-12-31 | Rp1515.51 | Rp4810.00 | x |
| 2020-12-31 | Rp1740.52 | Rp4810.00 | x |
| 2021-12-31 | Rp1916.80 | Rp4810.00 | x |
| 2022-12-31 | Rp2147.94 | Rp4810.00 | x |
| 2023-12-31 | Rp2277.69 | Rp4810.00 | x |
| 2024-12-31 | Rp2418.99 | Rp4810.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tigaraksa Satria 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): 18.56%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.09%
- • Asset Turnover: 2.86x
- • Equity Multiplier: 2.10x
- Recent ROE (18.56%) is below the historical average (19.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 14.55% | 3.26% | 2.23x | 2.00x | Rp14.22 Billion |
| 2002 | 9.11% | 1.95% | 2.17x | 2.15x | Rp-2.97 Billion |
| 2003 | 20.40% | 3.42% | 2.39x | 2.49x | Rp28.57 Billion |
| 2004 | 1.64% | 0.19% | 2.96x | 2.87x | Rp-20.02 Billion |
| 2005 | 7.96% | 0.78% | 3.11x | 3.29x | Rp-5.01 Billion |
| 2006 | 10.05% | 0.92% | 2.69x | 4.06x | Rp140.08 Million |
| 2007 | 16.05% | 1.32% | 2.65x | 4.59x | Rp17.79 Billion |
| 2008 | 29.23% | 2.54% | 2.85x | 4.03x | Rp72.84 Billion |
| 2009 | 12.66% | 1.04% | 3.27x | 3.74x | Rp10.42 Billion |
| 2010 | 22.36% | 1.84% | 3.19x | 3.80x | Rp56.66 Billion |
| 2011 | 20.05% | 1.59% | 3.20x | 3.93x | Rp51.75 Billion |
| 2012 | 19.76% | 1.50% | 3.18x | 4.14x | Rp55.53 Billion |
| 2013 | 20.55% | 1.58% | 3.32x | 3.91x | Rp66.60 Billion |
| 2014 | 22.30% | 1.70% | 3.83x | 3.42x | Rp88.97 Billion |
| 2015 | 22.15% | 1.93% | 3.60x | 3.18x | Rp101.07 Billion |
| 2016 | 21.36% | 2.07% | 3.58x | 2.88x | Rp106.05 Billion |
| 2017 | 22.88% | 2.43% | 3.43x | 2.74x | Rp137.60 Billion |
| 2018 | 25.02% | 2.39% | 3.71x | 2.82x | Rp185.96 Billion |
| 2019 | 30.78% | 3.20% | 4.46x | 2.15x | Rp289.22 Billion |
| 2020 | 29.93% | 3.83% | 3.71x | 2.10x | Rp318.69 Billion |
| 2021 | 27.33% | 4.03% | 3.50x | 1.93x | Rp305.04 Billion |
| 2022 | 24.24% | 3.68% | 3.10x | 2.12x | Rp280.85 Billion |
| 2023 | 21.85% | 3.22% | 3.11x | 2.18x | Rp247.83 Billion |
| 2024 | 18.56% | 3.09% | 2.86x | 2.10x | Rp190.26 Billion |
Industry Comparison
This section compares Tigaraksa Satria Tbk's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $102,590,865,974
- Average return on equity (ROE) among peers: 26.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tigaraksa Satria Tbk (TGKA) | Rp2.30 Trillion | 14.55% | 1.01x | $21.01 Million |
| Agro Yasa Lestari PT Tbk (AYLS) | $44.46 Billion | -4.25% | 0.04x | $3.56 Million |
| PT Segar Kumala Indonesia Tbk (BUAH) | $153.93 Billion | 17.29% | 1.25x | $6.55 Million |
| Kurniamitra Duta Sentosa Tbk (KMDS) | $13.13 Billion | 86.79% | 1.07x | $6.09 Million |
| PT Platinum Wahab Nusantara Tbk (TGUK) | $177.24 Billion | 3.31% | 0.13x | $6.78 Million |
| Wicaksana Overseas International (WICO) | $124.19 Billion | 31.76% | 0.65x | $813.65K |