GMA Network Inc
GMA Network Inc operates in Movies & Entertainment.
GMA Network Inc (GMA7) - Net Assets
Latest net assets as of June 2023: ₱11.22 Billion PHP
Based on the latest financial reports, GMA Network Inc (GMA7) has net assets worth ₱11.22 Billion PHP as of June 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₱25.33 Billion) and total liabilities (₱14.11 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 | ₱11.22 Billion |
| % of Total Assets | 44.31% |
| Annual Growth Rate | 8.2% |
| 5-Year Change | 61.56% |
| 10-Year Change | N/A |
| Growth Volatility | 11.96 |
GMA Network Inc - Net Assets Trend (2014–2022)
This chart illustrates how GMA Network 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 GMA Network Inc (2014–2022)
The table below shows the annual net assets of GMA Network Inc from 2014 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | ₱15.39 Billion | +6.35% |
| 2021-12-31 | ₱14.47 Billion | +12.97% |
| 2020-12-31 | ₱12.81 Billion | +33.62% |
| 2019-12-31 | ₱9.59 Billion | +0.64% |
| 2018-12-31 | ₱9.53 Billion | +1.30% |
| 2017-12-31 | ₱9.40 Billion | -9.65% |
| 2016-12-31 | ₱10.41 Billion | +15.14% |
| 2015-12-31 | ₱9.04 Billion | +10.36% |
| 2014-12-31 | ₱8.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to GMA Network 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 566.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₱6.61 Billion | 42.96% |
| Common Stock | ₱3.36 Billion | 21.86% |
| Other Components | ₱5.41 Billion | 35.17% |
| Total Equity | ₱15.39 Billion | 100.00% |
GMA Network Inc Competitors by Market Cap
The table below lists competitors of GMA Network Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sky Petroleum Inc
PINK:SKPI
|
$954.50 |
|
Shams Textile Mills Limited
KAR:STML
|
$954.71 |
|
BOTSWANA TELECOMMUNICATIONS CORPORATION LIMITED
XBOT:BTCL-EQO
|
$954.88 |
|
Telidyne Inc
PINK:TLDN
|
$955.20 |
|
Code Rebel Corp
PINK:CDRBQ
|
$953.67 |
|
Trade Window Holdings Limited
AU:TWL
|
$952.39 |
|
FITZROY RIVER
MU:KIO
|
$951.83 |
|
PSAHF
PINK:PSAHF
|
$951.80 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GMA Network Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 14,469,918,930 to 15,388,772,540, a change of 918,853,610 (6.4%).
- Net income of 5,442,339,310 contributed positively to equity growth.
- Dividend payments of 7,100,606,300 reduced retained earnings.
- Other factors increased equity by 2,577,120,600.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₱5.44 Billion | +35.37% |
| Dividends Paid | ₱7.10 Billion | -46.14% |
| Other Changes | ₱2.58 Billion | +16.75% |
| Total Change | ₱- | 6.35% |
Book Value vs Market Value Analysis
This analysis compares GMA Network 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: 1.33x
- 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 1.97x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | ₱3.10 | ₱6.10 | x |
| 2017-12-31 | ₱2.80 | ₱6.10 | x |
| 2018-12-31 | ₱2.83 | ₱6.10 | x |
| 2019-12-31 | ₱2.85 | ₱6.10 | x |
| 2020-12-31 | ₱3.81 | ₱6.10 | x |
| 2021-12-31 | ₱4.30 | ₱6.10 | x |
| 2022-12-31 | ₱4.57 | ₱6.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GMA Network 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): 35.37%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.24%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 1.61x
- Recent ROE (35.37%) is above the historical average (31.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.27% | 8.38% | 0.85x | 1.71x | ₱185.60 Million |
| 2015 | 23.40% | 15.41% | 0.95x | 1.59x | ₱1.21 Billion |
| 2016 | 34.84% | 21.75% | 1.04x | 1.54x | ₱2.59 Billion |
| 2017 | 27.05% | 16.30% | 1.05x | 1.57x | ₱1.60 Billion |
| 2018 | 24.20% | 15.13% | 1.00x | 1.61x | ₱1.35 Billion |
| 2019 | 27.31% | 15.88% | 1.01x | 1.71x | ₱1.66 Billion |
| 2020 | 46.72% | 30.95% | 0.81x | 1.87x | ₱4.70 Billion |
| 2021 | 52.04% | 33.54% | 0.93x | 1.66x | ₱6.08 Billion |
| 2022 | 35.37% | 25.24% | 0.87x | 1.61x | ₱3.90 Billion |
Industry Comparison
This section compares GMA Network Inc's net assets metrics with peer companies in the Media & Publishing industry.
Industry Context
- Industry: Media & Publishing
- Average net assets among peers: $2,281,642,715
- Average return on equity (ROE) among peers: 7.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GMA Network Inc (GMA7) | ₱11.22 Billion | 12.27% | 1.26x | $953.90 |
| Manila Bulletin Publishing Corp (MB) | $3.64 Billion | 1.24% | 0.53x | $26.35 |
| Manila Broadcasting Co (MBC) | $925.58 Million | 13.71% | 0.89x | $885.95 |