Star Media Group Bhd (6084) - Net Assets
Based on the latest financial reports, Star Media Group Bhd (6084) has net assets worth RM670.08 Million MYR (≈ $168.24 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 (RM723.52 Million ≈ $181.65 Million USD) and total liabilities (RM53.44 Million ≈ $13.42 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 Star Media Group Bhd's equity to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM670.08 Million |
| % of Total Assets | 92.61% |
| Annual Growth Rate | -4.11% |
| 5-Year Change | 4.85% |
| 10-Year Change | -39.88% |
| Growth Volatility | 7.96 |
Star Media Group Bhd - Net Assets Trend (2012–2025)
This chart illustrates how Star Media Group Bhd's net assets have evolved over time, based on quarterly financial data. See Star Media Group Bhd (6084) defensive interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Star Media Group Bhd (2012–2025)
The table below shows the annual net assets of Star Media Group Bhd from 2012 to 2025. For live valuation and market cap data, see Star Media Group Bhd (6084) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | RM678.59 Million ≈ $170.37 Million |
-4.69% |
| 2024-12-31 | RM711.99 Million ≈ $178.76 Million |
+9.13% |
| 2023-12-31 | RM652.40 Million ≈ $163.80 Million |
+0.04% |
| 2022-12-31 | RM652.15 Million ≈ $163.73 Million |
+0.77% |
| 2021-12-31 | RM647.17 Million ≈ $162.48 Million |
-17.00% |
| 2020-12-31 | RM779.75 Million ≈ $195.77 Million |
-4.73% |
| 2019-12-31 | RM818.47 Million ≈ $205.49 Million |
-1.66% |
| 2018-12-31 | RM832.28 Million ≈ $208.96 Million |
-4.73% |
| 2017-12-31 | RM873.61 Million ≈ $219.34 Million |
-22.60% |
| 2016-12-31 | RM1.13 Billion ≈ $283.37 Million |
-6.41% |
| 2015-12-31 | RM1.21 Billion ≈ $302.79 Million |
+2.55% |
| 2014-12-31 | RM1.18 Billion ≈ $295.25 Million |
-1.51% |
| 2013-12-31 | RM1.19 Billion ≈ $299.77 Million |
+1.96% |
| 2012-12-31 | RM1.17 Billion ≈ $294.00 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Star Media Group 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 decreased by 114.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | RM738.56 Million | 108.84% |
| Total Equity | RM678.59 Million | 100.00% |
Star Media Group Bhd Competitors by Market Cap
The table below lists competitors of Star Media Group Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Veem Ltd
AU:VEE
|
$51.92 Million |
|
Parkson Holdings Bhd
KLSE:5657
|
$51.92 Million |
|
WICE Logistics PCL
BK:WICE
|
$51.95 Million |
|
YATRA ONLINE DL-0001
F:26Y
|
$51.98 Million |
|
Base Carbon Inc.
NEO:BCBN
|
$51.85 Million |
|
Franklin Street Properties Corp
NYSE MKT:FSP
|
$51.85 Million |
|
Optivision Technology
TWO:3666
|
$51.84 Million |
|
Mink Therapeutics Inc
NASDAQ:INKT
|
$51.82 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Star Media Group Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 711,993,000 to 678,591,000, a change of -33,402,000 (-4.7%).
- Net loss of 4,298,000 reduced equity.
- Dividend payments of 28,990,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM-4.30 Million | -0.63% |
| Dividends Paid | RM28.99 Million | -4.27% |
| Other Changes | RM-114.00K | -0.02% |
| Total Change | RM- | -4.69% |
Book Value vs Market Value Analysis
This analysis compares Star Media Group 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: 0.30x
- 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 increased from 0.19x to 0.30x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | RM1.53 | RM0.29 | x |
| 2017-12-31 | RM1.18 | RM0.29 | x |
| 2018-12-31 | RM1.13 | RM0.29 | x |
| 2019-12-31 | RM1.11 | RM0.29 | x |
| 2020-12-31 | RM1.08 | RM0.29 | x |
| 2021-12-31 | RM0.89 | RM0.29 | x |
| 2022-12-31 | RM0.90 | RM0.29 | x |
| 2023-12-31 | RM0.90 | RM0.29 | x |
| 2024-12-31 | RM0.98 | RM0.29 | x |
| 2025-12-31 | RM0.94 | RM0.29 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Star Media Group 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): -0.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.06%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.08x
- Recent ROE (-0.63%) is below the historical average (0.94%), 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 | 9.74% | 11.79% | 0.57x | 1.46x | RM-2.95 Million |
| 2017 | 10.34% | 19.24% | 0.41x | 1.32x | RM2.93 Million |
| 2018 | 0.63% | 1.33% | 0.41x | 1.14x | RM-78.00 Million |
| 2019 | 0.69% | 1.80% | 0.32x | 1.19x | RM-76.17 Million |
| 2020 | -2.53% | -10.04% | 0.21x | 1.19x | RM-97.69 Million |
| 2021 | -20.45% | -70.74% | 0.25x | 1.18x | RM-197.08 Million |
| 2022 | 1.06% | 3.19% | 0.28x | 1.19x | RM-58.29 Million |
| 2023 | 1.15% | 3.40% | 0.28x | 1.19x | RM-57.75 Million |
| 2024 | 9.38% | 26.98% | 0.32x | 1.09x | RM-4.39 Million |
| 2025 | -0.63% | -2.06% | 0.28x | 1.08x | RM-72.16 Million |
Industry Comparison
This section compares Star Media Group Bhd's net assets metrics with peer companies in the Publishing industry.
Industry Context
- Industry: Publishing
- Average net assets among peers: $53,776,520
- Average return on equity (ROE) among peers: 15.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Star Media Group Bhd (6084) | RM670.08 Million | 9.74% | 0.08x | $51.86 Million |
| Catcha Digital Bhd (0173) | $56.55 Million | 9.19% | 0.38x | $27.98 Million |
| Sasbadi Holdings Bhd (5252) | $51.00 Million | 21.57% | 0.53x | $17.09 Million |
About Star Media Group Bhd
Star Media Group Berhad engages in the publication, printing, and distribution of newspapers, magazines, and digital content services in Malaysia, the United States, the United Kingdom, Singapore, and internationally. The company operates through three segments: Print, Digital and Events; Broadcasting; and Property Development and Investment. The Print, Digital and Events segment is involved in p… Read more