Master Drilling Group Ltd
Master Drilling Group Limited, an investment holding company, provides specialized drilling services to blue chip major and mid-tier companies in the mining, civil engineering, construction, and hydroelectric power sectors. It provides rock boring services, including horizontal and vertical raise, and box hole boring; slot hole, reverse circulation, piling, and directional drilling; shotcreting; … Read more
Master Drilling Group Ltd (MDI) - Net Assets
Latest net assets as of June 2025: ZAC222.88 Million ZAC
Based on the latest financial reports, Master Drilling Group Ltd (MDI) has net assets worth ZAC222.88 Million ZAC as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (ZAC399.70 Million) and total liabilities (ZAC176.82 Million). 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 | ZAC222.88 Million |
| % of Total Assets | 55.76% |
| Annual Growth Rate | 6.76% |
| 5-Year Change | 20.05% |
| 10-Year Change | 78.81% |
| Growth Volatility | 6.28 |
Master Drilling Group Ltd - Net Assets Trend (2012–2024)
This chart illustrates how Master Drilling 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 Master Drilling Group Ltd (2012–2024)
The table below shows the annual net assets of Master Drilling Group Ltd from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | ZAC211.47 Million | +1.19% |
| 2023-12-31 | ZAC208.98 Million | +10.50% |
| 2022-12-31 | ZAC189.13 Million | +1.48% |
| 2021-12-31 | ZAC186.37 Million | +5.80% |
| 2020-12-31 | ZAC176.15 Million | +0.58% |
| 2019-12-31 | ZAC175.13 Million | +6.76% |
| 2018-12-31 | ZAC164.04 Million | +1.69% |
| 2017-12-31 | ZAC161.32 Million | +10.26% |
| 2016-12-31 | ZAC146.32 Million | +23.72% |
| 2015-12-31 | ZAC118.27 Million | +2.24% |
| 2014-12-31 | ZAC115.68 Million | +9.01% |
| 2013-12-31 | ZAC106.12 Million | +10.00% |
| 2012-12-31 | ZAC96.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Master Drilling 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 14336.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ZAC177.53 Million | 94.86% |
| Common Stock | ZAC148.86 Million | 79.54% |
| Other Comprehensive Income | ZAC-139.23 Million | -74.39% |
| Total Equity | ZAC187.16 Million | 100.00% |
Master Drilling Group Ltd Competitors by Market Cap
The table below lists competitors of Master Drilling Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Madhucon Projects Limited
NSE:MADHUCON
|
$1.36 Million |
|
Agiliti Inc
PINK:AGLY
|
$1.36 Million |
|
WANLF
PINK:WANLF
|
$1.36 Million |
|
Seremban Engineering Bhd
KLSE:5163
|
$1.36 Million |
|
IPB Petroleum Ltd
AU:IPB
|
$1.36 Million |
|
Fitness Champs Holdings Limited Common Stock
NASDAQ:FCHL
|
$1.36 Million |
|
New Nordic Healthbrands AB (publ)
ST:NNH
|
$1.36 Million |
|
Slam Exploration Ltd
PINK:SLMXF
|
$1.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Master Drilling Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 184,873,979 to 187,155,110, a change of 2,281,131 (1.2%).
- Net income of 17,417,254 contributed positively to equity growth.
- Dividend payments of 4,372,955 reduced retained earnings.
- Share repurchases of 614,658 reduced equity.
- Other comprehensive income decreased equity by 9,470,662.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ZAC17.42 Million | +9.31% |
| Dividends Paid | ZAC4.37 Million | -2.34% |
| Share Repurchases | ZAC614.66K | -0.33% |
| Other Comprehensive Income | ZAC-9.47 Million | -5.06% |
| Other Changes | ZAC-677.85K | -0.36% |
| Total Change | ZAC- | 1.23% |
Book Value vs Market Value Analysis
This analysis compares Master Drilling 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: 1373.49x
- 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 2825.39x to 1373.49x 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 | ZAC0.60 | ZAC1700.00 | x |
| 2013-12-31 | ZAC0.62 | ZAC1700.00 | x |
| 2014-12-31 | ZAC0.67 | ZAC1700.00 | x |
| 2015-12-31 | ZAC0.68 | ZAC1700.00 | x |
| 2016-12-31 | ZAC0.86 | ZAC1700.00 | x |
| 2017-12-31 | ZAC1.01 | ZAC1700.00 | x |
| 2018-12-31 | ZAC1.02 | ZAC1700.00 | x |
| 2019-12-31 | ZAC1.09 | ZAC1700.00 | x |
| 2020-12-31 | ZAC1.10 | ZAC1700.00 | x |
| 2021-12-31 | ZAC1.17 | ZAC1700.00 | x |
| 2022-12-31 | ZAC1.14 | ZAC1700.00 | x |
| 2023-12-31 | ZAC1.22 | ZAC1700.00 | x |
| 2024-12-31 | ZAC1.24 | ZAC1700.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Master Drilling 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): 9.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.43%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 2.02x
- Recent ROE (9.31%) is below the historical average (11.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 1.38% | 11.36% | 0.07x | 1.77x | ZAC-7.70 Million |
| 2013 | 16.47% | 12.64% | 0.74x | 1.77x | ZAC5.94 Million |
| 2014 | 16.87% | 12.81% | 0.77x | 1.70x | ZAC6.89 Million |
| 2015 | 19.58% | 16.66% | 0.66x | 1.77x | ZAC9.77 Million |
| 2016 | 16.30% | 17.95% | 0.56x | 1.64x | ZAC8.19 Million |
| 2017 | 11.24% | 14.17% | 0.51x | 1.55x | ZAC1.90 Million |
| 2018 | 10.82% | 12.09% | 0.52x | 1.72x | ZAC1.27 Million |
| 2019 | 9.24% | 10.29% | 0.54x | 1.67x | ZAC-1.25 Million |
| 2020 | 2.01% | 2.71% | 0.46x | 1.59x | ZAC-13.30 Million |
| 2021 | 11.34% | 11.65% | 0.59x | 1.64x | ZAC2.37 Million |
| 2022 | 12.38% | 9.46% | 0.66x | 1.99x | ZAC4.12 Million |
| 2023 | 11.13% | 8.48% | 0.67x | 1.96x | ZAC2.09 Million |
| 2024 | 9.31% | 6.43% | 0.72x | 2.02x | ZAC-1.30 Million |
Industry Comparison
This section compares Master Drilling Group Ltd's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $5,877,658,750
- Average return on equity (ROE) among peers: 10.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Master Drilling Group Ltd (MDI) | ZAC222.88 Million | 1.38% | 0.79x | $1.36 Million |
| Aveng Ltd (AEG) | $13.40 Billion | -2.84% | 1.31x | $362.08K |
| Raubex (RBX) | $5.80 Billion | 12.14% | 0.95x | $4.60 Million |
| Stefstock (SSK) | $1.73 Billion | -6.40% | 2.72x | $466.63K |
| Wilson Bayly Holmes Ovcon Ltd (WBO) | $2.58 Billion | 37.32% | 2.72x | $4.58 Million |