Megatech Corp
Megatech Corporation develops multi-fueled engines and electric dynamometers. The company offers engine performance, electrical/electronic systems, e-learning, brakes, suspension and steering, heating and AC, manual drivetrain and axle, automatic transmission and transaxle, engine repair, hybrid technology, and fuel cells. It also provides light/mid duty diesel, heavy diesel, truck/heavy diesel, … Read more
Megatech Corp (MGTC) - Net Assets
Latest net assets as of June 2004: $502.70K USD
Based on the latest financial reports, Megatech Corp (MGTC) has net assets worth $502.70K USD as of June 2004.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($870.63K) and total liabilities ($367.93K). 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 | $502.70K |
| % of Total Assets | 57.74% |
| Annual Growth Rate | 12.55% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.91 |
Megatech Corp - Net Assets Trend (1999–2003)
This chart illustrates how Megatech Corp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Megatech Corp (1999–2003)
The table below shows the annual net assets of Megatech Corp from 1999 to 2003.
| Year | Net Assets | Change |
|---|---|---|
| 2003-12-31 | $662.44K | +11.45% |
| 2002-12-31 | $594.38K | +22.46% |
| 2001-12-31 | $485.39K | +0.91% |
| 2000-12-31 | $481.02K | +16.50% |
| 1999-12-31 | $412.88K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Megatech Corp'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 23405000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2003)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $55.87K | 8.43% |
| Other Components | $4.03 Million | 608.18% |
| Total Equity | $662.44K | 100.00% |
Megatech Corp Competitors by Market Cap
The table below lists competitors of Megatech Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petron Corp
PSE:PCOR
|
$544.62 |
|
Hala Enterprises Limited
KAR:HAEL
|
$545.03 |
|
Tiger Royalties and investments Plc
LSE:TIR
|
$545.19 |
|
Loans4Less.Com Inc
PINK:LFLS
|
$546.06 |
|
UDL Industries Ltd.
KAR:UDLI
|
$544.34 |
|
Ability Inc
PINK:ABILF
|
$544.32 |
|
SBS Philippines Corp
PSE:SBS
|
$544.26 |
|
Phoenix Vega Mezz PLC
AT:PVMEZZ
|
$543.50 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Megatech Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2002 to 2003, total equity changed from 594,381 to 662,444, a change of 68,063 (11.5%).
- Net income of 63,103 contributed positively to equity growth.
Equity Change Factors (2002 to 2003)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $63.10K | +9.53% |
| Other Changes | $4.96K | +0.75% |
| Total Change | $- | 11.45% |
Book Value vs Market Value Analysis
This analysis compares Megatech Corp'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: 0.35x
- 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 0.55x to 0.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1999-12-31 | $0.11 | $0.06 | x |
| 2000-12-31 | $0.13 | $0.06 | x |
| 2001-12-31 | $0.13 | $0.06 | x |
| 2002-12-31 | $0.15 | $0.06 | x |
| 2003-12-31 | $0.17 | $0.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Megatech Corp 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): 9.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.99%
- • Asset Turnover: 3.83x
- • Equity Multiplier: 1.25x
- Recent ROE (9.53%) is below the historical average (10.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 14.08% | 3.26% | 2.96x | 1.46x | $19.61K |
| 2001 | 0.43% | 0.12% | 2.83x | 1.29x | $-46.43K |
| 2002 | 17.01% | 3.31% | 2.73x | 1.88x | $41.69K |
| 2003 | 9.53% | 1.99% | 3.83x | 1.25x | $-3.14K |
Industry Comparison
This section compares Megatech Corp's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $49,834,203,139
- Average return on equity (ROE) among peers: -24.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Megatech Corp (MGTC) | $502.70K | 14.08% | 0.73x | $544.38 |
| American Commerce Solutions Inc (AACS) | $554.04K | -209.75% | 2.35x | $38.47K |
| ATI Airtest Technologies Inc (AATGF) | $-3.05 Million | 0.00% | 0.00x | $2.79 Million |
| ABB Turbo Systems AG (ACLIF) | $302.90 Million | 33.41% | 2.98x | $4.32 Billion |
| Agfa-Gevaert NV (AFGVF) | $130.00 Million | -40.77% | 16.65x | $91.17 Million |
| Alphaform AG (AFRMF) | $9.59 Million | -32.38% | 1.09x | $691.72 |
| Airtificial Intelligence Structures S.A (AITLF) | $-8.71 Million | 0.00% | 0.00x | $53.18 Million |
| Alfa Laval AB (publ) (ALFVF) | $10.49 Billion | 35.97% | 1.77x | $13.09 Billion |
| Amada Co. Ltd (AMDLY) | $484.04 Billion | 5.74% | 0.27x | $3.72 Billion |
| Ametek Inc (AME) | $3.25 Billion | 18.15% | 1.05x | $49.22 Billion |
| American Superconductor Corporation (AMSC) | $125.12 Million | -52.85% | 0.73x | $1.42 Billion |