Agesa Hayat ve Emeklilik AS
AgeSA Hayat ve Emeklilik Anonim Sirketi, together with its subsidiaries, provides life insurance products in Turkey. It operates in four segments: Life Protection, Life Savings, Personal Accident, and Pension. The company offers life insurance products, including credit-linked, non-credit-linked, VIP, credit protection, and savings life insurance, as well as endowment products. It also provides p… Read more
Agesa Hayat ve Emeklilik AS (AGESA) - Net Assets
Latest net assets as of September 2025: TL8.60 Billion TRY
Based on the latest financial reports, Agesa Hayat ve Emeklilik AS (AGESA) has net assets worth TL8.60 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL405.11 Billion) and total liabilities (TL396.50 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 | TL8.60 Billion |
| % of Total Assets | 2.12% |
| Annual Growth Rate | 43.6% |
| 5-Year Change | 406.45% |
| 10-Year Change | N/A |
| Growth Volatility | 24.24 |
Agesa Hayat ve Emeklilik AS - Net Assets Trend (2018–2024)
This chart illustrates how Agesa Hayat ve Emeklilik 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 Agesa Hayat ve Emeklilik AS (2018–2024)
The table below shows the annual net assets of Agesa Hayat ve Emeklilik AS from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL5.45 Billion | +79.21% |
| 2023-12-31 | TL3.04 Billion | +79.82% |
| 2022-12-31 | TL1.69 Billion | +23.54% |
| 2021-12-31 | TL1.37 Billion | +27.21% |
| 2020-12-31 | TL1.08 Billion | +33.70% |
| 2019-12-31 | TL804.73 Million | +29.56% |
| 2018-12-31 | TL621.14 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Agesa Hayat ve Emeklilik 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 1138.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL2.83 Billion | 51.95% |
| Other Components | TL2.62 Billion | 48.05% |
| Total Equity | TL5.45 Billion | 100.00% |
Agesa Hayat ve Emeklilik AS Competitors by Market Cap
The table below lists competitors of Agesa Hayat ve Emeklilik AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanilcmt Co Ltd
KO:300720
|
$224.74 Million |
|
Caribbean Utilities Company Ltd
PINK:CUPUF
|
$224.77 Million |
|
Lungteh Shipbldg Co Ltd
TW:6753
|
$224.84 Million |
|
TCM Biotech International Corp.
TWO:4169
|
$224.86 Million |
|
Eson Precision Ind Co Ltd
TW:5243
|
$224.63 Million |
|
Nanjing Aolian Ae&Ea Co Ltd
SHE:300585
|
$224.56 Million |
|
PetroVietnam Transportation Corp
VN:PVT
|
$224.49 Million |
|
Reysas Tasimacilik ve Lojistik Ticaret A.S
PINK:RYSKF
|
$224.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Agesa Hayat ve Emeklilik AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,040,521,817 to 5,448,908,796, a change of 2,408,386,979 (79.2%).
- Net income of 2,871,345,742 contributed positively to equity growth.
- Dividend payments of 281,809,142 reduced retained earnings.
- Other factors decreased equity by 181,149,621.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL2.87 Billion | +52.7% |
| Dividends Paid | TL281.81 Million | -5.17% |
| Other Changes | TL-181.15 Million | -3.32% |
| Total Change | TL- | 79.21% |
Book Value vs Market Value Analysis
This analysis compares Agesa Hayat ve Emeklilik 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: 7.31x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 64.16x to 7.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL3.45 | TL221.40 | x |
| 2019-12-31 | TL4.47 | TL221.40 | x |
| 2020-12-31 | TL5.98 | TL221.40 | x |
| 2021-12-31 | TL7.60 | TL221.40 | x |
| 2022-12-31 | TL9.39 | TL221.40 | x |
| 2023-12-31 | TL16.89 | TL221.40 | x |
| 2024-12-31 | TL30.27 | TL221.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Agesa Hayat ve Emeklilik 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): 52.70%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.84%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 49.33x
- Recent ROE (52.70%) is above the historical average (40.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 32.29% | 20.19% | 0.45x | 3.53x | TL138.47 Million |
| 2019 | 29.89% | 15.73% | 0.51x | 3.71x | TL160.06 Million |
| 2020 | 32.50% | 17.76% | 0.47x | 3.89x | TL242.05 Million |
| 2021 | 39.50% | 18.44% | 0.40x | 5.32x | TL403.70 Million |
| 2022 | 51.73% | 11.80% | 0.08x | 51.80x | TL705.50 Million |
| 2023 | 45.72% | 8.78% | 0.10x | 54.29x | TL1.09 Billion |
| 2024 | 52.70% | 11.84% | 0.09x | 49.33x | TL2.33 Billion |
Industry Comparison
This section compares Agesa Hayat ve Emeklilik AS's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $31,449,877,383,570
- Average return on equity (ROE) among peers: -13.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Agesa Hayat ve Emeklilik AS (AGESA) | TL8.60 Billion | 32.29% | 46.08x | $224.65 Million |
| AK Sigorta AS (AKGRT) | $348.64 Million | -38.99% | 4.39x | $101.06 Million |
| Anadolu Anonim Turk Sigorta Sti (ANSGR) | $94.35 Trillion | 0.00% | 1.52x | $663.06 Million |
| Ray Sigorta AS (RAYSG) | $51.51 Million | 0.00% | 4.14x | $46.76 Million |