Talam Transform Bhd (2259) - Net Assets

Latest as of April 2026: RM222.19 Million MYR ≈ $55.78 Million USD

Based on the latest financial reports, Talam Transform Bhd (2259) has net assets worth RM222.19 Million MYR (≈ $55.78 Million USD) as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM601.93 Million ≈ $151.13 Million USD) and total liabilities (RM379.74 Million ≈ $95.34 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. Check 2259 strategic asset allocation to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	RM222.19 Million
% of Total Assets	36.91%
Annual Growth Rate	-6.98%
5-Year Change	-20.43%
10-Year Change	-46.39%
Growth Volatility	7.24

Talam Transform Bhd - Net Assets Trend (2013–2026)

This chart illustrates how Talam Transform Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Talam Transform Bhd market capitalisation.

Annual Net Assets for Talam Transform Bhd (2013–2026)

The table below shows the annual net assets of Talam Transform Bhd from 2013 to 2026. Also explore Talam Transform Bhd annual equity growth to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-01-31	RM219.71 Million ≈ $55.16 Million	-4.13%
2025-01-31	RM229.17 Million ≈ $57.54 Million	-2.16%
2024-01-31	RM234.22 Million ≈ $58.81 Million	-10.16%
2023-01-31	RM260.72 Million ≈ $65.46 Million	-5.58%
2022-01-31	RM276.12 Million ≈ $69.33 Million	-1.72%
2021-01-31	RM280.97 Million ≈ $70.54 Million	-22.33%
2020-01-31	RM361.74 Million ≈ $90.82 Million	+1.50%
2019-01-31	RM356.39 Million ≈ $89.48 Million	-7.31%
2018-01-31	RM384.50 Million ≈ $96.53 Million	-6.18%
2017-01-31	RM409.81 Million ≈ $102.89 Million	-7.56%
2016-01-31	RM443.31 Million ≈ $111.30 Million	-2.35%
2015-01-31	RM454.00 Million ≈ $113.98 Million	-21.04%
2014-01-31	RM575.00 Million ≈ $144.36 Million	+2.13%
2013-01-31	RM563.00 Million ≈ $141.35 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Talam Transform Bhd'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 38725200000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (January 2026)

Component	Amount	Percentage
Other Components	RM246.71 Million	111.29%
Total Equity	RM221.68 Million	100.00%

Talam Transform Bhd Competitors by Market Cap

The table below lists competitors of Talam Transform Bhd ranked by their market capitalization.

Company	Market Cap
West Coast Silver Ltd AU:WCE	$23.74 Million
Otto Energy Ltd AU:OEL	$23.75 Million
KBC Global Limited NSE:KBCGLOBAL	$23.75 Million
WOLFTANK-ADISA HLDG O.N. F:WAH	$23.75 Million
ChemX Materials Ltd AU:CMX	$23.74 Million
Ntaw Holdings Ltd AU:NTD	$23.73 Million
Globalsat Worldcom TWO:3499	$23.73 Million
The Union Mosaic Industry Public Company Limited BK:UMI	$23.73 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Talam Transform Bhd's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 229,169,000 to 221,682,000, a change of -7,487,000 (-3.3%).
Net loss of 37,453,000 reduced equity.
New share issuances of 24,822,000 increased equity.
Other factors increased equity by 5,144,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	RM-37.45 Million	-16.89%
Share Issuances	RM24.82 Million	+11.2%
Other Changes	RM5.14 Million	+2.32%
Total Change	RM-	-3.27%

Book Value vs Market Value Analysis

This analysis compares Talam Transform Bhd'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: 0.43x
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 0.82x to 0.43x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2017-01-31	RM0.10	RM0.08	x
2018-01-31	RM0.09	RM0.08	x
2019-01-31	RM0.08	RM0.08	x
2020-01-31	RM0.08	RM0.08	x
2021-01-31	RM0.07	RM0.08	x
2022-01-31	RM0.06	RM0.08	x
2023-01-31	RM0.06	RM0.08	x
2024-01-31	RM0.05	RM0.08	x
2025-01-31	RM0.24	RM0.08	x
2026-01-31	RM0.19	RM0.08	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Talam Transform Bhd 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): -16.89%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -185.51%
• Asset Turnover: 0.03x
• Equity Multiplier: 2.70x
Recent ROE (-16.89%) is below the historical average (-7.16%), 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	-4.80%	-13.66%	0.14x	2.54x	RM-65.59 Million
2017	-8.42%	-30.54%	0.12x	2.33x	RM-75.48 Million
2018	-6.09%	-41.29%	0.06x	2.34x	RM-61.85 Million
2019	-7.32%	-36.24%	0.09x	2.31x	RM-61.71 Million
2020	0.71%	5.76%	0.06x	2.16x	RM-33.59 Million
2021	-10.85%	-80.03%	0.05x	2.52x	RM-58.58 Million
2022	-1.75%	-7.28%	0.09x	2.54x	RM-32.46 Million
2023	-5.91%	-25.09%	0.09x	2.50x	RM-41.48 Million
2024	-11.91%	-45.29%	0.10x	2.69x	RM-51.31 Million
2025	-5.57%	-29.23%	0.07x	2.67x	RM-35.69 Million
2026	-16.89%	-185.51%	0.03x	2.70x	RM-59.62 Million

Industry Comparison

This section compares Talam Transform Bhd's net assets metrics with peer companies in the Real Estate - Development industry.

Industry Context

Industry: Real Estate - Development
Average net assets among peers: $607,560,515
Average return on equity (ROE) among peers: -0.05%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Talam Transform Bhd (2259)	RM222.19 Million	-4.80%	1.71x	$23.74 Million
Vinvest Capital Holdings Bhd (0069)	$536.55 Million	-12.71%	0.29x	$3.65 Million
Gagasan Nadi Cergas Berhad (0206)	$441.26 Million	5.73%	1.10x	$57.66 Million
Vestland Berhad (0273)	$46.45 Million	22.90%	2.63x	$232.34 Million
Global Oriental Bhd (1147)	$253.00 Million	11.86%	2.00x	$9.70 Million
Pan Malaysia Holdings Bhd (1287)	$28.01 Million	-47.59%	0.90x	$291.51 Million
GuocoLand (Malaysia) Bhd (1503)	$1.39 Billion	4.78%	1.04x	$3.35 Million
Symphony Life Bhd (1538)	$820.22 Million	9.53%	0.79x	$29.75 Million
Iskandar Waterfront City Bhd (1589)	$770.75 Million	-1.19%	1.36x	$48.57 Million
Paramount Corporation Bhd (1724)	$952.00 Million	6.72%	0.74x	$154.79 Million
Selangor Dredging Bhd (2224)	$836.46 Million	-0.54%	0.68x	$49.21 Million

About Talam Transform Bhd

KLSE:2259 Malaysia Real Estate - Development

Market Cap

$23.74 Million

RM94.56 Million MYR

Market Cap Rank

#24635 Global

#649 in Malaysia

Share Price

RM0.08

Change (1 day)

+14.29%

52-Week Range

RM0.07 - RM0.14

All Time High

RM0.15