MultiChoice Group Ltd (MCG) - Net Assets

Latest as of March 2025: ZAC1.60 Billion ZAC

Based on the latest financial reports, MultiChoice Group Ltd (MCG) has net assets worth ZAC1.60 Billion ZAC as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC39.24 Billion) and total liabilities (ZAC37.64 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 ZAC1.60 Billion
% of Total Assets 4.08%
Annual Growth Rate N/A
5-Year Change -83.16%
10-Year Change N/A
Growth Volatility 44.44

MultiChoice Group Ltd - Net Assets Trend (2016–2025)

This chart illustrates how MultiChoice Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for MultiChoice Group Ltd (2016–2025)

The table below shows the annual net assets of MultiChoice Group Ltd from 2016 to 2025.

Year Net Assets Change
2025-03-31 ZAC1.60 Billion +250.00%
2024-03-31 ZAC-1.07 Billion -119.98%
2023-03-31 ZAC5.34 Billion -33.82%
2022-03-31 ZAC8.08 Billion -15.11%
2021-03-31 ZAC9.51 Billion -2.97%
2020-03-31 ZAC9.80 Billion +0.10%
2019-03-31 ZAC9.79 Billion +263.44%
2018-03-31 ZAC-5.99 Billion +56.93%
2017-03-31 ZAC-13.91 Billion -3.57%
2016-03-31 ZAC-13.44 Billion --

Equity Component Analysis

This analysis shows how different components contribute to MultiChoice Group Ltd'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 5765.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Retained Earnings ZAC17.42 Billion 267.52%
Common Stock ZAC454.00 Million 6.97%
Total Equity ZAC6.51 Billion 100.00%

MultiChoice Group Ltd Competitors by Market Cap

The table below lists competitors of MultiChoice Group Ltd ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in MultiChoice Group Ltd's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 4,907,000,000 to 6,512,000,000, a change of 1,605,000,000 (32.7%).
  • Net income of 1,194,000,000 contributed positively to equity growth.
  • Other comprehensive income increased equity by 11,706,000,000.
  • Other factors decreased equity by 11,208,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ZAC1.19 Billion +18.34%
Other Comprehensive Income ZAC11.71 Billion +179.76%
Other Changes ZAC-11.21 Billion -172.11%
Total Change ZAC- 32.71%

Book Value vs Market Value Analysis

This analysis compares MultiChoice Group Ltd'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: 813.34x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2016-03-31 ZAC-30.72 ZAC12375.00 x
2017-03-31 ZAC-29.35 ZAC12375.00 x
2018-03-31 ZAC-10.59 ZAC12375.00 x
2019-03-31 ZAC28.56 ZAC12375.00 x
2020-03-31 ZAC28.98 ZAC12375.00 x
2021-03-31 ZAC28.57 ZAC12375.00 x
2022-03-31 ZAC24.95 ZAC12375.00 x
2023-03-31 ZAC22.76 ZAC12375.00 x
2024-03-31 ZAC11.55 ZAC12375.00 x
2025-03-31 ZAC15.21 ZAC12375.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently MultiChoice Group Ltd 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): 18.34%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 2.35%
  • • Asset Turnover: 1.29x
  • • Equity Multiplier: 6.03x
  • Recent ROE (18.34%) is above the historical average (-7.78%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2016 0.00% 5.89% 1.11x 0.00x ZAC4.10 Billion
2017 0.00% -5.10% 1.10x 0.00x ZAC-1.14 Billion
2018 0.00% 3.07% 1.23x 0.00x ZAC1.92 Billion
2019 -13.11% -3.28% 1.22x 3.27x ZAC-2.90 Billion
2020 3.99% 0.99% 1.11x 3.64x ZAC-765.20 Million
2021 17.39% 4.05% 1.26x 3.41x ZAC918.40 Million
2022 12.40% 2.46% 1.29x 3.91x ZAC262.80 Million
2023 -35.79% -5.88% 1.24x 4.90x ZAC-4.45 Billion
2024 -80.99% -7.10% 1.28x 8.94x ZAC-4.46 Billion
2025 18.34% 2.35% 1.29x 6.03x ZAC542.80 Million

Industry Comparison

This section compares MultiChoice Group Ltd's net assets metrics with peer companies in the Entertainment industry.

Industry Context

  • Industry: Entertainment
  • Average net assets among peers: $4,917,101,500
  • Average return on equity (ROE) among peers: -12.00%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
MultiChoice Group Ltd (MCG) ZAC1.60 Billion 0.00% 23.50x $2.82 Billion
E Media Holdings Ltd (EMH) $5.56 Billion -28.77% 0.32x $8.78 Million
eMedia Holdings Limited (EMN) $4.28 Billion 4.76% 0.44x $64.85 Million

About MultiChoice Group Ltd

JSE:MCG South Africa Entertainment
Market Cap
$2.82 Billion
ZAC5.31 Trillion ZAC
Market Cap Rank
#5102 Global
#36 in South Africa
Share Price
ZAC12375.00
Change (1 day)
+0.20%
52-Week Range
ZAC10450.00 - ZAC12574.00
All Time High
ZAC14748.00
About

MultiChoice Group Limited, through its subsidiaries, operates video-entertainment subscriber platforms in South Africa and rest of Africa. The company operates through South Africa, Rest of Africa, Showmax, and Technology segments. It offers digital satellite television and online services, including subscription and transactional video on demand; and digital terrestrial television services to su… Read more