A1 Capital Menkul Degerler AS
A1 Capital Yatirim Menkul Degerler A.S. operates as a brokerage company. It engages in fund management activities, including portfolio management and join ventures; investment consultancy; transaction brokerage; and public offering brokerage activities. The company also provides trading platforms comprising the A1 Capital mobile application; A1 WEB platform; TradingView, a charting and trading pl… Read more
A1 Capital Menkul Degerler AS (A1CAP) - Net Assets
Latest net assets as of September 2024: TL3.46 Billion TRY
Based on the latest financial reports, A1 Capital Menkul Degerler AS (A1CAP) has net assets worth TL3.46 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL8.16 Billion) and total liabilities (TL4.71 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 | TL3.46 Billion |
| % of Total Assets | 42.34% |
| Annual Growth Rate | 166.9% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 148.97 |
A1 Capital Menkul Degerler AS - Net Assets Trend (2020–2023)
This chart illustrates how A1 Capital Menkul Degerler AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for A1 Capital Menkul Degerler AS (2020–2023)
The table below shows the annual net assets of A1 Capital Menkul Degerler AS from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL2.56 Billion | +72.10% |
| 2022-12-31 | TL1.49 Billion | +408.14% |
| 2021-12-31 | TL292.80 Million | +116.96% |
| 2020-12-31 | TL134.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to A1 Capital Menkul Degerler AS'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 832.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL779.72 Million | 30.45% |
| Other Components | TL1.78 Billion | 69.55% |
| Total Equity | TL2.56 Billion | 100.00% |
A1 Capital Menkul Degerler AS Competitors by Market Cap
The table below lists competitors of A1 Capital Menkul Degerler AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GAMCO INVS INC. A DL-01
F:6JV
|
$66.15 Million |
|
MEDPEER INC.
F:9UN
|
$66.15 Million |
|
Garcia Reguera S.A.
BA:REGE
|
$66.16 Million |
|
Orderyoyo AS
CO:YOYO
|
$66.21 Million |
|
ANDRADA MINING LTD.
F:9IA
|
$66.13 Million |
|
PROFIRE ENERGY DL-001
F:PFR
|
$66.11 Million |
|
Pantages Capital Acquisition Corporation.
NASDAQ:PGAC
|
$66.09 Million |
|
ESGL Holdings Limited Ordinary Shares
NASDAQ:ESGL
|
$66.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in A1 Capital Menkul Degerler AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,487,849,161 to 2,560,587,121, a change of 1,072,737,960 (72.1%).
- Net loss of 124,671,413 reduced equity.
- Share repurchases of 35,000,000 reduced equity.
- New share issuances of 1,155,586,532 increased equity.
- Other factors increased equity by 76,822,841.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-124.67 Million | -4.87% |
| Share Repurchases | TL35.00 Million | -1.37% |
| Share Issuances | TL1.16 Billion | +45.13% |
| Other Changes | TL76.82 Million | +3.0% |
| Total Change | TL- | 72.10% |
Book Value vs Market Value Analysis
This analysis compares A1 Capital Menkul Degerler AS'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: 0.85x
- 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 16.16x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL1.00 | TL16.15 | x |
| 2021-12-31 | TL2.17 | TL16.15 | x |
| 2022-12-31 | TL11.02 | TL16.15 | x |
| 2023-12-31 | TL18.97 | TL16.15 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently A1 Capital Menkul Degerler AS 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): -4.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.65%
- • Asset Turnover: 4.23x
- • Equity Multiplier: 1.78x
- Recent ROE (-4.87%) is below the historical average (32.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 54.22% | 2.25% | 6.97x | 3.46x | TL59.67 Million |
| 2021 | 36.83% | 1.69% | 7.14x | 3.05x | TL78.57 Million |
| 2022 | 43.89% | 2.18% | 7.12x | 2.82x | TL504.19 Million |
| 2023 | -4.87% | -0.65% | 4.23x | 1.78x | TL-380.73 Million |
Industry Comparison
This section compares A1 Capital Menkul Degerler AS's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $420,001,348
- Average return on equity (ROE) among peers: 15.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| A1 Capital Menkul Degerler AS (A1CAP) | TL3.46 Billion | 54.22% | 1.36x | $66.15 Million |
| Atlas Menkul Kiymetler Yatirim Ortakligi AS (ATLAS) | $8.51 Million | -1.97% | 0.45x | $10.34 Million |
| BULLS GSYO (BULGS) | $1.62 Billion | 77.26% | 0.01x | $86.25 Million |
| DCT TRADING DIS TICARET (DCTTR) | $793.19 Million | -5.43% | 0.67x | $3.99 Million |
| DESTEK FINANS FAKTORING (DSTKF) | $979.57 Million | 28.81% | 4.35x | $4.23 Billion |
| Euro Yatirim Holding AS (EUHOL) | $45.96 Million | -0.85% | 0.50x | $47.26 Million |
| Gedik Yatirim Menkul Degerler AS (GEDIK) | $170.57 Million | 38.31% | 5.53x | $292.68 Million |
| Global Menkul Degerler AS (GLBMD) | $44.99 Million | -9.59% | 1.78x | $10.34 Million |
| Info Yatirim AS (INFO) | $22.97 Million | 0.00% | 0.41x | $63.92 Million |
| Is Yatirim Menkul Degerler AS (ISMEN) | $97.88 Million | 11.58% | 0.10x | $648.25 Million |