Telekom Malaysia Bhd (4863) - Net Assets
Based on the latest financial reports, Telekom Malaysia Bhd (4863) has net assets worth RM27.43 Million MYR (≈ $6.89 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 (RM51.27 Million ≈ $12.87 Million USD) and total liabilities (RM23.84 Million ≈ $5.99 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 how tangible is Telekom Malaysia Bhd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM27.43 Million |
| % of Total Assets | 53.5% |
| Annual Growth Rate | -2.96% |
| 5-Year Change | 46.85% |
| 10-Year Change | 37.39% |
| Growth Volatility | 14.83 |
Telekom Malaysia Bhd - Net Assets Trend (2005–2025)
This chart illustrates how Telekom Malaysia Bhd's net assets have evolved over time, based on quarterly financial data. See Telekom Malaysia Bhd defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Telekom Malaysia Bhd (2005–2025)
The table below shows the annual net assets of Telekom Malaysia Bhd from 2005 to 2025. For live valuation and market cap data, see 4863 market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM10.76 Billion ≈ $2.70 Billion |
+4.82% |
| 2024-12-31 | RM10.27 Billion ≈ $2.58 Billion |
+10.12% |
| 2023-12-31 | RM9.32 Billion ≈ $2.34 Billion |
+15.25% |
| 2022-12-31 | RM8.09 Billion ≈ $2.03 Billion |
+10.39% |
| 2021-12-31 | RM7.33 Billion ≈ $1.84 Billion |
+5.05% |
| 2020-12-31 | RM6.98 Billion ≈ $1.75 Billion |
+6.44% |
| 2019-12-31 | RM6.55 Billion ≈ $1.65 Billion |
-6.59% |
| 2018-12-31 | RM7.02 Billion ≈ $1.76 Billion |
-9.67% |
| 2017-12-31 | RM7.77 Billion ≈ $1.95 Billion |
-0.84% |
| 2016-12-31 | RM7.83 Billion ≈ $1.97 Billion |
-2.57% |
| 2015-12-31 | RM8.04 Billion ≈ $2.02 Billion |
+0.99% |
| 2014-12-31 | RM7.96 Billion ≈ $2.00 Billion |
+9.05% |
| 2013-12-31 | RM7.30 Billion ≈ $1.83 Billion |
+3.39% |
| 2012-12-31 | RM7.06 Billion ≈ $1.77 Billion |
-1.01% |
| 2011-12-31 | RM7.13 Billion ≈ $1.79 Billion |
-9.27% |
| 2010-12-31 | RM7.86 Billion ≈ $1.97 Billion |
+10.24% |
| 2009-12-31 | RM7.13 Billion ≈ $1.79 Billion |
-31.93% |
| 2008-12-31 | RM10.47 Billion ≈ $2.63 Billion |
-49.28% |
| 2007-12-31 | RM20.65 Billion ≈ $5.18 Billion |
-0.46% |
| 2006-12-31 | RM20.75 Billion ≈ $5.21 Billion |
+5.63% |
| 2005-12-31 | RM19.64 Billion ≈ $4.93 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Telekom Malaysia 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 642820000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM6.43 Billion | 60.72% |
| Common Stock | RM4.07 Billion | 38.45% |
| Other Comprehensive Income | RM88.10 Million | 0.83% |
| Total Equity | RM10.59 Billion | 100.00% |
Telekom Malaysia Bhd Competitors by Market Cap
The table below lists competitors of Telekom Malaysia Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Camtek Ltd
TA:CAMT
|
$7.24 Billion |
|
STORA ENSO R ADR 1
F:ENUS
|
$7.24 Billion |
|
Eva Airways Corp
TW:2618
|
$7.24 Billion |
|
Air Lease Corporation
NYSE:AL
|
$7.24 Billion |
|
Clearwater Analytics Holdings Inc
NYSE:CWAN
|
$7.22 Billion |
|
Sensata Technologies Holding NV
NYSE:ST
|
$7.22 Billion |
|
China Natl Chem Engineering Co
SHG:601117
|
$7.22 Billion |
|
Bank of India
NSE:BANKINDIA
|
$7.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Telekom Malaysia Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,099,700,000 to 10,587,200,000, a change of 487,500,000 (4.8%).
- Net income of 1,713,000,000 contributed positively to equity growth.
- Dividend payments of 1,189,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 47,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM1.71 Billion | +16.18% |
| Dividends Paid | RM1.19 Billion | -11.24% |
| Other Comprehensive Income | RM-47.60 Million | -0.45% |
| Other Changes | RM11.80 Million | +0.11% |
| Total Change | RM- | 4.83% |
Book Value vs Market Value Analysis
This analysis compares Telekom Malaysia 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: 2.72x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.67x to 2.72x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | RM11.17 | RM7.50 | x |
| 2006-12-31 | RM11.62 | RM7.50 | x |
| 2007-12-31 | RM11.56 | RM7.50 | x |
| 2008-12-31 | RM2.96 | RM7.50 | x |
| 2009-12-31 | RM1.98 | RM7.50 | x |
| 2010-12-31 | RM2.17 | RM7.50 | x |
| 2011-12-31 | RM1.95 | RM7.50 | x |
| 2012-12-31 | RM1.93 | RM7.50 | x |
| 2013-12-31 | RM1.99 | RM7.50 | x |
| 2014-12-31 | RM2.08 | RM7.50 | x |
| 2015-12-31 | RM2.08 | RM7.50 | x |
| 2016-12-31 | RM2.05 | RM7.50 | x |
| 2017-12-31 | RM2.08 | RM7.50 | x |
| 2018-12-31 | RM1.99 | RM7.50 | x |
| 2019-12-31 | RM1.94 | RM7.50 | x |
| 2020-12-31 | RM1.88 | RM7.50 | x |
| 2021-12-31 | RM1.97 | RM7.50 | x |
| 2022-12-31 | RM2.08 | RM7.50 | x |
| 2023-12-31 | RM2.39 | RM7.50 | x |
| 2024-12-31 | RM2.63 | RM7.50 | x |
| 2025-12-31 | RM2.76 | RM7.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Telekom Malaysia 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): 16.18%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.43%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.93x
- Recent ROE (16.18%) is above the historical average (12.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 4.51% | 6.14% | 0.34x | 2.17x | RM-1.04 Billion |
| 2006 | 11.56% | 14.04% | 0.39x | 2.10x | RM311.19 Million |
| 2007 | 13.29% | 14.75% | 0.40x | 2.23x | RM651.39 Million |
| 2008 | 8.79% | 10.39% | 0.38x | 2.20x | RM-123.71 Million |
| 2009 | 9.64% | 7.82% | 0.43x | 2.85x | RM-25.45 Million |
| 2010 | 16.15% | 14.16% | 0.42x | 2.70x | RM474.06 Million |
| 2011 | 17.09% | 13.02% | 0.43x | 3.07x | RM494.12 Million |
| 2012 | 18.33% | 12.65% | 0.45x | 3.22x | RM574.22 Million |
| 2013 | 14.18% | 9.52% | 0.50x | 2.96x | RM298.53 Million |
| 2014 | 10.99% | 7.40% | 0.50x | 2.99x | RM74.69 Million |
| 2015 | 9.00% | 5.97% | 0.48x | 3.14x | RM-77.76 Million |
| 2016 | 10.09% | 6.43% | 0.48x | 3.25x | RM6.77 Million |
| 2017 | 11.85% | 7.69% | 0.49x | 3.16x | RM145.35 Million |
| 2018 | 2.04% | 1.30% | 0.50x | 3.15x | RM-599.32 Million |
| 2019 | 8.60% | 5.53% | 0.45x | 3.48x | RM-102.63 Million |
| 2020 | 14.26% | 9.37% | 0.45x | 3.41x | RM303.54 Million |
| 2021 | 11.93% | 7.76% | 0.50x | 3.04x | RM144.95 Million |
| 2022 | 14.41% | 9.43% | 0.52x | 2.91x | RM349.65 Million |
| 2023 | 20.41% | 15.26% | 0.51x | 2.61x | RM954.20 Million |
| 2024 | 19.97% | 17.22% | 0.55x | 2.10x | RM1.01 Billion |
| 2025 | 16.18% | 14.43% | 0.58x | 1.93x | RM654.28 Million |
Industry Comparison
This section compares Telekom Malaysia Bhd's net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $643,762,069
- Average return on equity (ROE) among peers: -9.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Telekom Malaysia Bhd (4863) | RM27.43 Million | 4.51% | 0.87x | $7.23 Billion |
| XOX Technology Bhd (0017) | $21.77 Million | -27.23% | 1.17x | $10.10 Million |
| Redtone International Bhd (0032) | $93.29 Million | -5.80% | 0.72x | $60.16 Million |
| Green Packet Bhd (0082) | $424.46 Million | 13.03% | 0.11x | $16.28 Million |
| mTouche Technology Bhd (0092) | $62.75 Million | -42.99% | 0.13x | $6.98 Million |
| M N C Wireless Bhd (0103) | $84.74 Million | -20.60% | 0.13x | $2.39 Million |
| XOX Bhd (0165) | $305.71 Million | -14.88% | 0.38x | $8.62 Million |
| OCK Group Bhd (0172) | $537.51 Million | 5.03% | 1.61x | $97.26 Million |
| Binasat Communications Bhd (0195) | $88.04 Million | 2.70% | 0.33x | $9.86 Million |
| TIME Dotcom Bhd (5031) | $4.18 Billion | 9.17% | 0.27x | $2.81 Billion |
About Telekom Malaysia Bhd
Telekom Malaysia Berhad engages in the establishment, maintenance, and provision of telecommunications and related services in Malaysia and internationally. The company offers integrated broadband, mobile and data services, and digital content services. It also provides network connectivity and bandwidth; project management; provision of fiber optic transmission network; managed network, and valu… Read more