M3 Inc
M3, Inc. provides medical-related services to physicians and other healthcare professionals through the internet. It operates m3.com, a members-only website for providing information, tools, and services for medical professionals; MR-kun which delivers the latest medical information for daily medical practice; QOL-kun, a marketing support service that provides selected information useful for doct… Read more
M3 Inc (MTHRF) - Net Assets
Latest net assets as of December 2025: $454.59 Billion USD
Based on the latest financial reports, M3 Inc (MTHRF) has net assets worth $454.59 Billion USD as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($644.92 Billion) and total liabilities ($190.32 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 | $454.59 Billion |
| % of Total Assets | 70.49% |
| Annual Growth Rate | 27.33% |
| 5-Year Change | 99.17% |
| 10-Year Change | 629.82% |
| Growth Volatility | 13.98 |
M3 Inc - Net Assets Trend (2005–2025)
This chart illustrates how M3 Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for M3 Inc (2005–2025)
The table below shows the annual net assets of M3 Inc from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | $412.80 Billion | +12.57% |
| 2024-03-31 | $366.70 Billion | +18.47% |
| 2023-03-31 | $309.52 Billion | +17.26% |
| 2022-03-31 | $263.95 Billion | +27.35% |
| 2021-03-31 | $207.26 Billion | +20.78% |
| 2020-03-31 | $171.60 Billion | +67.78% |
| 2019-03-31 | $102.28 Billion | +20.09% |
| 2018-03-31 | $85.17 Billion | +22.50% |
| 2017-03-31 | $69.53 Billion | +22.92% |
| 2016-03-31 | $56.56 Billion | +21.61% |
| 2015-03-31 | $46.51 Billion | +24.16% |
| 2014-03-31 | $37.46 Billion | +59.91% |
| 2013-03-31 | $23.43 Billion | +34.01% |
| 2012-03-31 | $17.48 Billion | +27.52% |
| 2011-03-31 | $13.71 Billion | +21.76% |
| 2010-03-31 | $11.26 Billion | +10.21% |
| 2009-03-31 | $10.21 Billion | +23.49% |
| 2008-03-31 | $8.27 Billion | +31.49% |
| 2007-03-31 | $6.29 Billion | +37.59% |
| 2006-03-31 | $4.57 Billion | +38.94% |
| 2005-03-31 | $3.29 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to M3 Inc'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 32929.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $289.85 Billion | 76.59% |
| Common Stock | $29.35 Billion | 7.76% |
| Other Components | $59.24 Billion | 15.65% |
| Total Equity | $378.44 Billion | 100.00% |
M3 Inc Competitors by Market Cap
The table below lists competitors of M3 Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Huolinhe Opencut Coal Industry Corp Ltd of Inner Mongolia
SHE:002128
|
$3.79 Billion |
|
Clear Secure Inc
NYSE:YOU
|
$3.79 Billion |
|
TECO Electric & Machinery Co Ltd
TW:1504
|
$3.79 Billion |
|
Shanghai International Airport Co Ltd
SHG:600009
|
$3.79 Billion |
|
GERDAU S.A. PFD
F:GDUB
|
$3.78 Billion |
|
GMS Inc
NYSE:GMS
|
$3.78 Billion |
|
LEPU MED.T.B. SP.GDR O.N.
F:07Z0
|
$3.78 Billion |
|
Primo Water Corp
NYSE:PRMW
|
$3.77 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in M3 Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 351,915,000,000 to 378,436,000,000, a change of 26,521,000,000 (7.5%).
- Net income of 40,484,000,000 contributed positively to equity growth.
- Dividend payments of 14,257,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 32,449,000,000.
- Other factors increased equity by 32,743,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $40.48 Billion | +10.7% |
| Dividends Paid | $14.26 Billion | -3.77% |
| Other Comprehensive Income | $-32.45 Billion | -8.57% |
| Other Changes | $32.74 Billion | +8.65% |
| Total Change | $- | 7.54% |
Book Value vs Market Value Analysis
This analysis compares M3 Inc'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: 0.02x
- 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 1.74x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | $5.42 | $9.45 | x |
| 2006-03-31 | $6.73 | $9.45 | x |
| 2007-03-31 | $9.46 | $9.45 | x |
| 2008-03-31 | $12.71 | $9.45 | x |
| 2009-03-31 | $15.82 | $9.45 | x |
| 2010-03-31 | $17.22 | $9.45 | x |
| 2011-03-31 | $21.03 | $9.45 | x |
| 2012-03-31 | $26.71 | $9.45 | x |
| 2013-03-31 | $35.10 | $9.45 | x |
| 2014-03-31 | $57.20 | $9.45 | x |
| 2015-03-31 | $69.81 | $9.45 | x |
| 2016-03-31 | $84.72 | $9.45 | x |
| 2017-03-31 | $103.50 | $9.45 | x |
| 2018-03-31 | $127.28 | $9.45 | x |
| 2019-03-31 | $152.33 | $9.45 | x |
| 2020-03-31 | $244.75 | $9.45 | x |
| 2021-03-31 | $294.14 | $9.45 | x |
| 2022-03-31 | $379.54 | $9.45 | x |
| 2023-03-31 | $445.48 | $9.45 | x |
| 2024-03-31 | $517.95 | $9.45 | x |
| 2025-03-31 | $557.13 | $9.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently M3 Inc 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): 10.70%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.21%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 1.54x
- Recent ROE (10.70%) is below the historical average (20.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 14.98% | 21.66% | 0.55x | 1.26x | $164.02 Million |
| 2006 | 22.94% | 25.73% | 0.61x | 1.47x | $559.39 Million |
| 2007 | 26.69% | 28.09% | 0.72x | 1.32x | $1.01 Billion |
| 2008 | 24.35% | 26.29% | 0.71x | 1.30x | $1.16 Billion |
| 2009 | 23.53% | 27.69% | 0.68x | 1.25x | $1.36 Billion |
| 2010 | 17.73% | 16.41% | 0.77x | 1.40x | $845.32 Million |
| 2011 | 26.08% | 23.81% | 0.82x | 1.33x | $2.15 Billion |
| 2012 | 26.40% | 23.60% | 0.83x | 1.35x | $2.79 Billion |
| 2013 | 24.99% | 21.53% | 0.84x | 1.38x | $3.36 Billion |
| 2014 | 22.98% | 22.89% | 0.74x | 1.35x | $4.75 Billion |
| 2015 | 21.58% | 19.01% | 0.85x | 1.33x | $5.24 Billion |
| 2016 | 22.79% | 19.34% | 0.88x | 1.34x | $7.02 Billion |
| 2017 | 23.86% | 20.48% | 0.82x | 1.42x | $9.30 Billion |
| 2018 | 21.98% | 19.19% | 0.81x | 1.41x | $9.88 Billion |
| 2019 | 19.83% | 17.32% | 0.82x | 1.39x | $9.70 Billion |
| 2020 | 13.02% | 16.52% | 0.59x | 1.34x | $5.02 Billion |
| 2021 | 18.93% | 22.35% | 0.62x | 1.37x | $17.84 Billion |
| 2022 | 24.76% | 30.67% | 0.60x | 1.34x | $38.06 Billion |
| 2023 | 16.20% | 21.24% | 0.58x | 1.32x | $18.77 Billion |
| 2024 | 12.86% | 18.95% | 0.49x | 1.39x | $10.08 Billion |
| 2025 | 10.70% | 14.21% | 0.49x | 1.54x | $2.64 Billion |
Industry Comparison
This section compares M3 Inc's net assets metrics with peer companies in the Health Information Services industry.
Industry Context
- Industry: Health Information Services
- Average net assets among peers: $79,108,599
- Average return on equity (ROE) among peers: -247.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| M3 Inc (MTHRF) | $454.59 Billion | 14.98% | 0.42x | $3.78 Billion |
| Accolade, Inc. (ACCD) | $473.79 Million | -97.02% | 0.91x | $448.32 Million |
| Achiko AG (ACHKF) | $-4.58 Million | 0.00% | 0.00x | $314.42K |
| Ascom Holding AG (ACMLF) | $78.70 Million | 22.11% | 1.51x | $152.13 Million |
| Accelera Innovations Inc (ACNV) | $-462.52K | 0.00% | 0.00x | $5.72K |
| Aclarion Inc (ACON) | $-7.08 Million | 0.00% | 0.00x | $1.89 Million |
| Alternate Health Corp (AHGIF) | $1.07 Million | -2231.82% | 7.94x | $6.50K |
| AI/ML Innovations Inc (AIMLF) | $2.09 Million | -130.52% | 0.72x | $6.84 Million |
| NetraMark Holdings Inc. (AINMF) | $-198.56K | 0.00% | 0.00x | $70.13 Million |
| AMJ Global Technology (AMJT) | $-21.78K | 0.00% | 0.00x | $10.99 Million |
| American Well Corp (AMWL) | $247.79 Million | -38.62% | 0.31x | $78.62 Million |