Ibraco Bhd (5084) - Net Assets
Based on the latest financial reports, Ibraco Bhd (5084) has net assets worth RM597.59 Million MYR (≈ $150.04 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 (RM1.49 Billion ≈ $375.10 Million USD) and total liabilities (RM896.43 Million ≈ $225.06 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 Ibraco Bhd (5084) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM597.59 Million |
| % of Total Assets | 40.0% |
| Annual Growth Rate | 9.02% |
| 5-Year Change | 34.86% |
| 10-Year Change | 85.82% |
| Growth Volatility | 8.77 |
Ibraco Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Ibraco Bhd's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Ibraco Bhd market capitalisation.
Annual Net Assets for Ibraco Bhd (2012–2025)
The table below shows the annual net assets of Ibraco Bhd from 2012 to 2025. Also explore 5084 net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM583.52 Million ≈ $146.50 Million |
+12.93% |
| 2024-12-31 | RM516.71 Million ≈ $129.73 Million |
+5.91% |
| 2023-12-31 | RM487.88 Million ≈ $122.49 Million |
+7.90% |
| 2022-12-31 | RM452.17 Million ≈ $113.53 Million |
+4.50% |
| 2021-12-31 | RM432.68 Million ≈ $108.63 Million |
+9.40% |
| 2020-12-31 | RM395.50 Million ≈ $99.30 Million |
+9.69% |
| 2019-12-31 | RM360.56 Million ≈ $90.52 Million |
+6.57% |
| 2018-12-31 | RM338.33 Million ≈ $84.94 Million |
+7.37% |
| 2017-12-31 | RM315.10 Million ≈ $79.11 Million |
+0.35% |
| 2016-12-31 | RM314.02 Million ≈ $78.84 Million |
-2.48% |
| 2015-12-31 | RM322.00 Million ≈ $80.84 Million |
+35.86% |
| 2014-12-31 | RM237.00 Million ≈ $59.50 Million |
+12.86% |
| 2013-12-31 | RM210.00 Million ≈ $52.72 Million |
+10.53% |
| 2012-12-31 | RM190.00 Million ≈ $47.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ibraco 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 349.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM295.57 Million | 52.09% |
| Common Stock | RM271.83 Million | 47.91% |
| Other Components | RM260.00 | 0.00% |
| Total Equity | RM567.40 Million | 100.00% |
Ibraco Bhd Competitors by Market Cap
The table below lists competitors of Ibraco Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fiamma Holdings Bhd
KLSE:6939
|
$138.47 Million |
|
Masterflex SE
F:MZX
|
$138.50 Million |
|
Prospect Resources Ltd
AU:PSC
|
$138.52 Million |
|
Daios Plastics S.A.
AT:DAIOS
|
$138.54 Million |
|
Baozun Inc
F:2BZA
|
$138.38 Million |
|
PT Mandiri Herindo Adiperkasa Tbk
JK:MAHA
|
$138.34 Million |
|
Karel Elektronik Sanayi ve Ticaret AS
IS:KAREL
|
$138.26 Million |
|
Sammok S-Form Co.Ltd
KQ:018310
|
$138.25 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ibraco Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 505,545,000 to 567,405,000, a change of 61,860,000 (12.2%).
- Net income of 71,611,900 contributed positively to equity growth.
- Dividend payments of 10,920,920 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM71.61 Million | +12.62% |
| Dividends Paid | RM10.92 Million | -1.92% |
| Other Changes | RM1.17 Million | +0.21% |
| Total Change | RM- | 12.24% |
Book Value vs Market Value Analysis
This analysis compares Ibraco 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: 0.97x
- 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 1.60x to 0.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM0.63 | RM1.01 | x |
| 2017-12-31 | RM0.63 | RM1.01 | x |
| 2018-12-31 | RM0.68 | RM1.01 | x |
| 2019-12-31 | RM0.73 | RM1.01 | x |
| 2020-12-31 | RM0.80 | RM1.01 | x |
| 2021-12-31 | RM0.79 | RM1.01 | x |
| 2022-12-31 | RM0.83 | RM1.01 | x |
| 2023-12-31 | RM0.88 | RM1.01 | x |
| 2024-12-31 | RM0.93 | RM1.01 | x |
| 2025-12-31 | RM1.04 | RM1.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ibraco 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): 12.62%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.31%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.60x
- Recent ROE (12.62%) is above the historical average (8.36%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.62% | 17.05% | 0.29x | 1.73x | RM-4.33 Million |
| 2017 | 4.60% | 11.17% | 0.21x | 1.93x | RM-17.01 Million |
| 2018 | 7.96% | 11.27% | 0.33x | 2.13x | RM-6.89 Million |
| 2019 | 9.60% | 9.32% | 0.47x | 2.21x | RM-1.44 Million |
| 2020 | 8.83% | 11.32% | 0.39x | 1.98x | RM-4.63 Million |
| 2021 | 5.43% | 8.59% | 0.35x | 1.79x | RM-19.78 Million |
| 2022 | 6.73% | 11.17% | 0.34x | 1.75x | RM-14.81 Million |
| 2023 | 9.61% | 11.75% | 0.41x | 1.98x | RM-1.87 Million |
| 2024 | 9.65% | 8.67% | 0.44x | 2.51x | RM-1.77 Million |
| 2025 | 12.62% | 9.31% | 0.52x | 2.60x | RM14.87 Million |
Industry Comparison
This section compares Ibraco Bhd's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $688,670,709
- Average return on equity (ROE) among peers: 1.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ibraco Bhd (5084) | RM597.59 Million | 8.62% | 1.50x | $138.47 Million |
| Tanco Holdings Bhd (2429) | $172.05 Million | -7.50% | 0.67x | $264.74 Million |
| Amalgamated Industrial Steel Berhad (2682) | $115.00 Million | 0.00% | 0.37x | $8.87 Million |
| EcoFirst Consolidated Bhd (3557) | $164.00 Million | 14.63% | 1.46x | $97.64 Million |
| Asian Pac Holdings Bhd (4057) | $1.05 Billion | 5.03% | 0.67x | $44.86 Million |
| Glomac Bhd (5020) | $991.94 Million | 8.16% | 1.00x | $59.73 Million |
| Ivory Properties Group Bhd (5175) | $379.00 Million | 3.96% | 1.46x | $615.21K |
| Tambun Indah Land Bhd (5191) | $653.73 Million | 3.92% | 0.21x | $79.41 Million |
| Eco World International Bhd (5283) | $2.54 Billion | -3.44% | 0.07x | $111.47 Million |
| Farlim Group (Malaysia) Bhd (6041) | $130.46 Million | -8.27% | 0.17x | $5.96 Million |
About Ibraco Bhd
Ibraco Berhad, together with its subsidiaries, engages in realty development in Malaysia. It operates in six segments: Property Development, Construction Works, Quarry Operation, Manufacturing, Clubhouse Operation, and Property Holding and Management. The company is involved in the development and sale of residential and commercial properties; construction of residential and commercial properties… Read more