PGF Capital Bhd
PGF Capital Berhad, together with its subsidiaries, engages in the manufacture and trading of fiber glasswool and related products primarily in Malaysia, Oceania, and internationally. It operates through the Insulation, Property Development, Investment Holding, and Others segments. The company manufactures glass mineral wool products using thermosetting resin under the Ecowool brand; acoustic pan… Read more
PGF Capital Bhd (8117) - Net Assets
Latest net assets as of November 2025: RM277.86 Million MYR
Based on the latest financial reports, PGF Capital Bhd (8117) has net assets worth RM277.86 Million MYR as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (RM481.31 Million) and total liabilities (RM203.45 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | RM277.86 Million |
| % of Total Assets | 57.73% |
| Annual Growth Rate | 7.61% |
| 5-Year Change | 50.12% |
| 10-Year Change | 110.21% |
| Growth Volatility | 8.31 |
PGF Capital Bhd - Net Assets Trend (2013–2025)
This chart illustrates how PGF Capital Bhd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for PGF Capital Bhd (2013–2025)
The table below shows the annual net assets of PGF Capital Bhd from 2013 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-02-28 | RM262.72 Million | +24.03% |
| 2024-02-29 | RM211.82 Million | +4.75% |
| 2023-02-28 | RM202.21 Million | +9.33% |
| 2022-02-28 | RM184.95 Million | +5.68% |
| 2021-02-28 | RM175.01 Million | +3.84% |
| 2020-02-29 | RM168.54 Million | +1.98% |
| 2019-02-28 | RM165.26 Million | +3.93% |
| 2018-02-28 | RM159.01 Million | -0.21% |
| 2017-02-28 | RM159.34 Million | +27.50% |
| 2016-02-29 | RM124.98 Million | +3.29% |
| 2015-02-28 | RM121.00 Million | +5.22% |
| 2014-02-28 | RM115.00 Million | +5.50% |
| 2013-02-28 | RM109.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PGF Capital 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 5981180000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (February 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | RM24.81 Million | 9.45% |
| Common Stock | RM237.94 Million | 90.57% |
| Total Equity | RM262.72 Million | 100.00% |
PGF Capital Bhd Competitors by Market Cap
The table below lists competitors of PGF Capital Bhd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SUNCORP TECHS HD-006
F:XSH4
|
$17.37 Million |
|
GEOLIT ENERGY COLTD LTD
KQ:270520
|
$17.38 Million |
|
ProfilGruppen AB (publ)
ST:PROF-B
|
$17.39 Million |
|
Ching Chan Optical Technology Co Ltd
TWO:2070
|
$17.39 Million |
|
Energia Latina SA
SN:ENLASA
|
$17.36 Million |
|
Grodno S.A.
WAR:GRN
|
$17.36 Million |
|
Modern Internasional Tbk
JK:MDRN
|
$17.36 Million |
|
Hateks Hatay Tekstil Isletmeleri AS
IS:HATEK
|
$17.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PGF Capital Bhd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 211,816,300 to 262,721,900, a change of 50,905,600 (24.0%).
- Net income of 33,936,570 contributed positively to equity growth.
- Dividend payments of 6,788,170 reduced retained earnings.
- Share repurchases of 23,824,920 reduced equity.
- New share issuances of 23,825,000 increased equity.
- Other factors increased equity by 23,757,120.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | RM33.94 Million | +12.92% |
| Dividends Paid | RM6.79 Million | -2.58% |
| Share Repurchases | RM23.82 Million | -9.07% |
| Share Issuances | RM23.82 Million | +9.07% |
| Other Changes | RM23.76 Million | +9.04% |
| Total Change | RM- | 24.03% |
Book Value vs Market Value Analysis
This analysis compares PGF Capital 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: 1.29x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.76x to 1.29x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-02-28 | RM1.00 | RM1.75 | x |
| 2018-02-28 | RM0.99 | RM1.75 | x |
| 2019-02-28 | RM1.03 | RM1.75 | x |
| 2020-02-29 | RM1.05 | RM1.75 | x |
| 2021-02-28 | RM1.09 | RM1.75 | x |
| 2022-02-28 | RM1.16 | RM1.75 | x |
| 2023-02-28 | RM0.84 | RM1.75 | x |
| 2024-02-29 | RM1.29 | RM1.75 | x |
| 2025-02-28 | RM1.35 | RM1.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PGF Capital 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): 12.92%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 21.89%
- • Asset Turnover: 0.37x
- • Equity Multiplier: 1.57x
- Recent ROE (12.92%) is above the historical average (6.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 3.49% | 10.43% | 0.23x | 1.46x | RM-8.14 Million |
| 2017 | 21.57% | 71.76% | 0.21x | 1.45x | RM18.43 Million |
| 2018 | 1.14% | 3.35% | 0.23x | 1.47x | RM-14.09 Million |
| 2019 | 3.78% | 8.64% | 0.31x | 1.42x | RM-10.28 Million |
| 2020 | 1.94% | 5.41% | 0.26x | 1.38x | RM-13.58 Million |
| 2021 | 4.61% | 12.39% | 0.27x | 1.38x | RM-9.43 Million |
| 2022 | 1.05% | 3.38% | 0.22x | 1.43x | RM-16.55 Million |
| 2023 | 8.05% | 17.86% | 0.31x | 1.43x | RM-3.95 Million |
| 2024 | 4.94% | 8.13% | 0.41x | 1.49x | RM-10.73 Million |
| 2025 | 12.92% | 21.89% | 0.37x | 1.57x | RM7.66 Million |
Industry Comparison
This section compares PGF Capital Bhd's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $816,377,757
- Average return on equity (ROE) among peers: 7.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PGF Capital Bhd (8117) | RM277.86 Million | 3.49% | 0.73x | $17.36 Million |
| SC Estate Builder Bhd (0109) | $32.25 Million | -3.08% | 0.12x | $1.42 Million |
| PLYTEC Holding Berhad (0289) | $61.53 Million | 11.66% | 1.60x | $3.61 Million |
| Johan Holdings Bhd (3441) | $239.84 Million | 67.96% | 0.26x | $1.40 Million |
| Lafarge Malayan Cement Bhd (3794) | $6.31 Billion | 6.79% | 0.69x | $776.34 Million |
| Hume Industries Berhad (5000) | $23.00 Million | 0.00% | 0.87x | $114.04 Million |
| White Horse Bhd (5009) | $587.50 Million | -9.41% | 0.45x | $8.87 Million |
| YB Ventures Bhd (5048) | $285.65 Million | -17.33% | 0.20x | $2.54 Million |
| Complete Logistic Services Bhd (5136) | $171.55 Million | 7.50% | 0.15x | $87.86 Million |
| Dfcity Group Bhd (5165) | $51.00 Million | 1.96% | 1.10x | $1.64 Million |
| Chin Hin Group Bhd (5273) | $399.55 Million | 7.45% | 1.42x | $436.65 Million |