MultiChoice Group Ltd
MultiChoice Group Limited, through its subsidiaries, operates video-entertainment subscriber platforms in South Africa and rest of Africa. The company operates through South Africa, Rest of Africa, Showmax, and Technology segments. It offers digital satellite television and online services, including subscription and transactional video on demand; and digital terrestrial television services to su… Read more
MultiChoice Group Ltd (MCOIF) - Net Assets
Latest net assets as of March 2025: $1.60 Billion USD
Based on the latest financial reports, MultiChoice Group Ltd (MCOIF) has net assets worth $1.60 Billion USD as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($39.24 Billion) and total liabilities ($37.64 Billion). 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 | $1.60 Billion |
| % of Total Assets | 4.08% |
| Annual Growth Rate | N/A |
| 5-Year Change | -83.16% |
| 10-Year Change | N/A |
| Growth Volatility | 44.44 |
MultiChoice Group Ltd - Net Assets Trend (2016–2025)
This chart illustrates how MultiChoice Group Ltd's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MultiChoice Group Ltd (2016–2025)
The table below shows the annual net assets of MultiChoice Group Ltd from 2016 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $1.60 Billion | +250.00% |
| 2024-03-31 | $-1.07 Billion | -119.98% |
| 2023-03-31 | $5.34 Billion | -33.82% |
| 2022-03-31 | $8.08 Billion | -15.11% |
| 2021-03-31 | $9.51 Billion | -2.97% |
| 2020-03-31 | $9.80 Billion | +0.10% |
| 2019-03-31 | $9.79 Billion | +263.44% |
| 2018-03-31 | $-5.99 Billion | +56.93% |
| 2017-03-31 | $-13.91 Billion | -3.57% |
| 2016-03-31 | $-13.44 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to MultiChoice Group Ltd'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 5765.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $17.42 Billion | 267.52% |
| Common Stock | $454.00 Million | 6.97% |
| Total Equity | $6.51 Billion | 100.00% |
MultiChoice Group Ltd Competitors by Market Cap
The table below lists competitors of MultiChoice Group Ltd ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Salzgitter AG
PINK:SZGPF
|
$532.82 Million |
|
Hunan Aerospace Huanyu Communication Technology Co. Ltd. A
SHG:688523
|
$532.84 Million |
|
Zhuhai Enpower Electric Co Ltd
SHE:300681
|
$532.89 Million |
|
FORWARD AIR CORP. DL-01
F:FA2
|
$532.93 Million |
|
IDORSIA AG
F:19T
|
$532.51 Million |
|
Ethan Allen Interiors Inc
NYSE:ETD
|
$532.41 Million |
|
Quanta Storage
TWO:6188
|
$532.29 Million |
|
Xiamen Jihong Package Technology Ltd
SHE:002803
|
$532.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MultiChoice Group Ltd's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,907,000,000 to 6,512,000,000, a change of 1,605,000,000 (32.7%).
- Net income of 1,194,000,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 9,904,000,000.
- Other factors decreased equity by 9,406,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.19 Billion | +18.34% |
| Other Comprehensive Income | $9.90 Billion | +152.09% |
| Other Changes | $-9.41 Billion | -144.44% |
| Total Change | $- | 32.71% |
Book Value vs Market Value Analysis
This analysis compares MultiChoice Group Ltd'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: 0.39x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-03-31 | $-30.72 | $6.00 | x |
| 2017-03-31 | $-29.35 | $6.00 | x |
| 2018-03-31 | $-10.59 | $6.00 | x |
| 2019-03-31 | $28.56 | $6.00 | x |
| 2020-03-31 | $28.98 | $6.00 | x |
| 2021-03-31 | $28.57 | $6.00 | x |
| 2022-03-31 | $24.95 | $6.00 | x |
| 2023-03-31 | $22.76 | $6.00 | x |
| 2024-03-31 | $11.55 | $6.00 | x |
| 2025-03-31 | $15.21 | $6.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MultiChoice Group Ltd 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): 18.34%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.35%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 6.03x
- Recent ROE (18.34%) is above the historical average (-7.78%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 0.00% | 5.89% | 1.11x | 0.00x | $4.10 Billion |
| 2017 | 0.00% | -5.10% | 1.10x | 0.00x | $-1.14 Billion |
| 2018 | 0.00% | 3.07% | 1.23x | 0.00x | $1.92 Billion |
| 2019 | -13.11% | -3.28% | 1.22x | 3.27x | $-2.90 Billion |
| 2020 | 3.99% | 0.99% | 1.11x | 3.64x | $-765.20 Million |
| 2021 | 17.39% | 4.05% | 1.26x | 3.41x | $918.40 Million |
| 2022 | 12.40% | 2.46% | 1.29x | 3.91x | $262.80 Million |
| 2023 | -35.79% | -5.88% | 1.24x | 4.90x | $-4.45 Billion |
| 2024 | -80.99% | -7.10% | 1.28x | 8.94x | $-4.46 Billion |
| 2025 | 18.34% | 2.35% | 1.29x | 6.03x | $542.80 Million |
Industry Comparison
This section compares MultiChoice Group Ltd's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MultiChoice Group Ltd (MCOIF) | $1.60 Billion | 0.00% | 23.50x | $532.56 Million |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |