Talam Transform Bhd (2259) - Net Assets
Based on the latest financial reports, Talam Transform Bhd (2259) has net assets worth RM219.10 Million MYR (≈ $55.01 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM601.51 Million ≈ $151.02 Million USD) and total liabilities (RM382.41 Million ≈ $96.01 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 tangible equity quality of Talam Transform Bhd to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM219.10 Million |
| % of Total Assets | 36.43% |
| Annual Growth Rate | -7.0% |
| 5-Year Change | -20.65% |
| 10-Year Change | -46.54% |
| Growth Volatility | 7.23 |
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. See Talam Transform Bhd defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see market cap of Talam Transform Bhd.
| Year | Net Assets | Change |
|---|---|---|
| 2026-01-31 | RM219.10 Million ≈ $55.01 Million |
-4.39% |
| 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 |
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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 41228200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (January 2026)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | RM221.70 Million | 100.00% |
| Total Equity | RM221.70 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 |
|---|---|
|
KBC Global Limited
NSE:KBCGLOBAL
|
$23.75 Million |
|
WOLFTANK-ADISA HLDG O.N.
F:WAH
|
$23.75 Million |
|
Scandinavian Investment Group A/S
CO:SIG
|
$23.78 Million |
|
Silla Textile Co.Ltd
KQ:001000
|
$23.79 Million |
|
ChemX Materials Ltd
AU:CMX
|
$23.74 Million |
|
Excel Force MSC Bhd
KLSE:0065
|
$23.73 Million |
|
Sebang Co Ltd
KO:004365
|
$23.73 Million |
|
Fold Holdings, Inc. Class A Common Stock
NASDAQ:FLD
|
$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 221,702,000, a change of -7,467,000 (-3.3%).
- Net loss of 36,123,000 reduced equity.
- New share issuances of 25,310,000 increased equity.
- Other factors increased equity by 3,346,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-36.12 Million | -16.29% |
| Share Issuances | RM25.31 Million | +11.42% |
| Other Changes | RM3.35 Million | +1.51% |
| Total Change | RM- | -3.26% |
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): -16.29%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -177.23%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 2.71x
- Recent ROE (-16.29%) is below the historical average (-7.11%), 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 | -16.29% | -177.23% | 0.03x | 2.71x | RM-58.29 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: $601,231,458
- Average return on equity (ROE) among peers: 5.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Talam Transform Bhd (2259) | RM219.10 Million | -4.80% | 1.75x | $23.74 Million |
| Vinvest Capital Holdings Bhd (0069) | $446.12 Million | 1.75% | 0.11x | $7.30 Million |
| Gagasan Nadi Cergas Berhad (0206) | $445.50 Million | 0.78% | 1.19x | $66.17 Million |
| Vestland Berhad (0273) | $46.45 Million | 22.90% | 2.63x | $142.25 Million |
| Global Oriental Bhd (1147) | $243.32 Million | 2.26% | 2.48x | $11.42 Million |
| Pan Malaysia Holdings Bhd (1287) | $34.99 Million | -3.75% | 0.55x | $227.38 Million |
| GuocoLand (Malaysia) Bhd (1503) | $1.04 Billion | 14.70% | 1.08x | $183.34 Million |
| Symphony Life Bhd (1538) | $583.91 Million | 2.26% | 0.94x | $29.75 Million |
| Iskandar Waterfront City Bhd (1589) | $770.75 Million | -1.19% | 1.36x | $50.88 Million |
| Paramount Corporation Bhd (1724) | $1.63 Billion | 5.83% | 0.83x | $155.58 Million |
| Selangor Dredging Bhd (2224) | $771.00 Million | 8.69% | 0.86x | $48.68 Million |
About Talam Transform Bhd
Talam Transform Berhad, an investment holding company, engages in the property development business in Malaysia. It operates through Property Development, Property Investment and Management, and Construction segments. The company develops and sells residential and commercial properties. It is also involved in the rental and disposal of properties; construction; and money lending businesses, as we… Read more