Mtag Group Berhad (0213) - Net Assets

Latest as of March 2026: RM223.23 Million MYR ≈ $56.05 Million USD

Based on the latest financial reports, Mtag Group Berhad (0213) has net assets worth RM223.23 Million MYR (≈ $56.05 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM233.84 Million ≈ $58.71 Million USD) and total liabilities (RM10.61 Million ≈ $2.66 Million USD). 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. Also explore 0213 total asset value for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM223.23 Million
% of Total Assets	95.46%
Annual Growth Rate	21.41%
5-Year Change	13.17%
10-Year Change	N/A
Growth Volatility	25.95

Mtag Group Berhad - Net Assets Trend (2016–2025)

This chart illustrates how Mtag Group Berhad's net assets have evolved over time, based on quarterly financial data. Check Mtag Group Berhad tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Mtag Group Berhad (2016–2025)

The table below shows the annual net assets of Mtag Group Berhad from 2016 to 2025. For live valuation and market cap data, see Mtag Group Berhad market cap and net worth.

Year	Net Assets	Change
2025-06-30	RM218.31 Million ≈ $54.81 Million	-0.85%
2024-06-30	RM220.17 Million ≈ $55.28 Million	+3.12%
2023-06-30	RM213.52 Million ≈ $53.61 Million	+5.42%
2022-06-30	RM202.54 Million ≈ $50.85 Million	+4.99%
2021-06-30	RM192.91 Million ≈ $48.43 Million	+7.33%
2020-06-30	RM179.74 Million ≈ $45.13 Million	+80.15%
2019-06-30	RM99.77 Million ≈ $25.05 Million	+30.73%
2018-06-30	RM76.32 Million ≈ $19.16 Million	+32.25%
2017-06-30	RM57.71 Million ≈ $14.49 Million	+51.55%
2016-06-30	RM38.08 Million ≈ $9.56 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Mtag Group Berhad'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 85.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (June 2025)

Component	Amount	Percentage
Retained Earnings	RM65.89 Million	30.18%
Common Stock	RM146.57 Million	67.14%
Other Components	RM5.85 Million	2.68%
Total Equity	RM218.31 Million	100.00%

Mtag Group Berhad Competitors by Market Cap

The table below lists competitors of Mtag Group Berhad ranked by their market capitalization.

Company	Market Cap
Eduspec Holdings Bhd KLSE:0107	$37.42 Million
Emc Gold Corporation AU:EM3	$37.42 Million
Enogia SAS PA:ALENO	$37.44 Million
Hancom WITH Inc KQ:054920	$37.45 Million
Lien Chang Electronic Enterprise Co Ltd TW:2431	$37.39 Million
Romsdal Sparebank OL:ROMSB	$37.39 Million
Kriti Industries (India) Limited NSE:KRITI	$37.38 Million
Mudajaya Group Bhd KLSE:5085	$37.36 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 220,172,900 to 218,305,580, a change of -1,867,320 (-0.8%).
Net income of 12,348,610 contributed positively to equity growth.
Dividend payments of 13,593,820 reduced retained earnings.
Share repurchases of 589,210 reduced equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	RM12.35 Million	+5.66%
Dividends Paid	RM13.59 Million	-6.23%
Share Repurchases	RM589.21K	-0.27%
Other Changes	RM-32.90K	-0.02%
Total Change	RM-	-0.85%

Book Value vs Market Value Analysis

This analysis compares Mtag Group Berhad'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: 0.68x
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 3.54x to 0.68x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2016-06-30	RM0.06	RM0.22	x
2017-06-30	RM0.09	RM0.22	x
2018-06-30	RM0.12	RM0.22	x
2019-06-30	RM0.16	RM0.22	x
2020-06-30	RM0.26	RM0.22	x
2021-06-30	RM0.28	RM0.22	x
2022-06-30	RM0.30	RM0.22	x
2023-06-30	RM0.31	RM0.22	x
2024-06-30	RM0.32	RM0.22	x
2025-06-30	RM0.32	RM0.22	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mtag Group Berhad 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): 5.66%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 16.83%
• Asset Turnover: 0.30x
• Equity Multiplier: 1.12x
Recent ROE (5.66%) is below the historical average (25.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2016	41.73%	12.51%	1.44x	2.32x	RM12.08 Million
2017	39.21%	12.13%	1.46x	2.21x	RM16.86 Million
2018	62.25%	25.34%	1.65x	1.49x	RM39.87 Million
2019	33.03%	17.34%	1.38x	1.38x	RM22.97 Million
2020	16.80%	18.17%	0.82x	1.12x	RM12.22 Million
2021	17.43%	17.36%	0.90x	1.11x	RM14.33 Million
2022	14.85%	16.70%	0.77x	1.15x	RM9.83 Million
2023	14.08%	19.54%	0.67x	1.07x	RM8.72 Million
2024	9.21%	19.14%	0.45x	1.07x	RM-1.73 Million
2025	5.66%	16.83%	0.30x	1.12x	RM-9.48 Million

Industry Comparison

This section compares Mtag Group Berhad's net assets metrics with peer companies in the Specialty Business Services industry.

Industry Context

Industry: Specialty Business Services
Average net assets among peers: $151,960,232
Average return on equity (ROE) among peers: 4.10%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mtag Group Berhad (0213)	RM223.23 Million	41.73%	0.05x	$37.41 Million
GFM Services Bhd (0039)	$182.66 Million	14.47%	2.01x	$35.28 Million
Efficient E Solutions Bhd (0064)	$99.87 Million	12.48%	0.14x	$19.77 Million
Scicom MSC Bhd (0099)	$37.00 Million	24.57%	0.33x	$162.42 Million
Advance Information Marketing Bhd (0122)	$12.53 Million	-41.20%	0.26x	$5.88 Million
Frontken Corporation Bhd (0128)	$344.64 Million	15.16%	0.32x	$2.10 Billion
Xox Networks Bhd (0140)	$72.50 Million	-46.76%	0.32x	$7.13 Million
MClean Technologies Bhd (0167)	$21.37 Million	29.19%	1.45x	$45.74 Million
KJTS (0293)	$36.07 Million	19.04%	0.81x	$144.72 Million
Fima Corporation Bhd (3107)	$561.00 Million	9.98%	0.27x	$98.15 Million

About Mtag Group Berhad

KLSE:0213 Malaysia Specialty Business Services

Market Cap

$37.41 Million

RM149.01 Million MYR

Market Cap Rank

#22971 Global

#545 in Malaysia

Share Price

RM0.22

Change (1 day)

+0.00%

52-Week Range

RM0.22 - RM0.32

All Time High

RM0.82