AGROT (AGROT) - Net Assets
Based on the latest financial reports, AGROT (AGROT) has net assets worth TL6.73 Billion TRY (≈ $150.73 Million USD) as of March 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL9.23 Billion ≈ $206.79 Million USD) and total liabilities (TL2.50 Billion ≈ $56.06 Million USD). 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. See net asset quality index of AGROT to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL6.73 Billion |
| % of Total Assets | 72.89% |
| Annual Growth Rate | 119.47% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 43.62 |
AGROT - Net Assets Trend (2020–2023)
This chart illustrates how AGROT's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see AGROT stock valuation.
Annual Net Assets for AGROT (2020–2023)
The table below shows the annual net assets of AGROT from 2020 to 2023. Also explore net asset growth rate of AGROT to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL4.98 Billion ≈ $111.48 Million |
+174.31% |
| 2022-12-31 | TL1.81 Billion ≈ $40.64 Million |
+129.21% |
| 2021-12-31 | TL791.66 Million ≈ $17.73 Million |
+67.87% |
| 2020-12-31 | TL471.59 Million ≈ $10.56 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AGROT'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 76529135500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL754.32 Million | 15.25% |
| Other Components | TL4.19 Billion | 84.75% |
| Total Equity | TL4.95 Billion | 100.00% |
AGROT Competitors by Market Cap
The table below lists competitors of AGROT ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MODULIGHT OY EO 1
F:78W
|
$42.49 Million |
|
Li Cheng Enterprise Co Ltd
TW:4426
|
$42.49 Million |
|
Lohakit Metal Public Company Limited
BK:LHK
|
$42.50 Million |
|
Surapon Foods Public Company Limited
BK:SSF
|
$42.50 Million |
|
Royal Road Minerals Ltd
V:RYR
|
$42.46 Million |
|
Australian Unity Office Fund
AU:AOF
|
$42.45 Million |
|
Singular Health Group Ltd
AU:SHG
|
$42.45 Million |
|
Reading International Inc
NASDAQ:RDI
|
$42.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AGROT's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,809,347,374 to 4,946,433,063, a change of 3,137,085,689 (173.4%).
- Net income of 255,258,539 contributed positively to equity growth.
- New share issuances of 205,854,415 increased equity.
- Other factors increased equity by 2,675,972,735.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL255.26 Million | +5.16% |
| Share Issuances | TL205.85 Million | +4.16% |
| Other Changes | TL2.68 Billion | +54.1% |
| Total Change | TL- | 173.38% |
Book Value vs Market Value Analysis
This analysis compares AGROT'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: 0.38x
- 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 3.85x to 0.38x 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 | TL0.41 | TL1.58 | x |
| 2021-12-31 | TL0.65 | TL1.58 | x |
| 2022-12-31 | TL1.51 | TL1.58 | x |
| 2023-12-31 | TL4.12 | TL1.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AGROT 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): 5.16%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 43.81%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.29x
- Recent ROE (5.16%) is below the historical average (7.65%), 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 | 3.50% | 45.41% | 0.06x | 1.39x | TL-32.06 Million |
| 2021 | 3.59% | 13.58% | 0.20x | 1.33x | TL-50.22 Million |
| 2022 | 18.37% | 37.89% | 0.35x | 1.39x | TL151.40 Million |
| 2023 | 5.16% | 43.81% | 0.09x | 1.29x | TL-239.38 Million |
Industry Comparison
This section compares AGROT's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $13,003,184,407,485
- Average return on equity (ROE) among peers: 13.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AGROT (AGROT) | TL6.73 Billion | 3.50% | 0.37x | $42.47 Million |
| AG Anadolu Group Holding (AGHOL) | $23.73 Billion | 2.29% | 1.83x | $1.86 Billion |
| Alarko Holding AS (ALARK) | $73.50 Trillion | 0.00% | 0.16x | $1.06 Billion |
| Bera Holding AS (BERA) | $33.85 Billion | 3.08% | 0.30x | $185.00 Million |
| Berkosan Yalitim ve Tecrit Maddeleri Uretim ve Ticaret AS (BRKSN) | $17.87 Million | 0.00% | 0.43x | $14.15 Million |
| Dogan Sirketler Grubu Holding AS (DOHOL) | $7.00 Billion | 51.89% | 0.56x | $1.17 Billion |
| Eczacibasi Yatirim Holding Ortakligi AS (ECZYT) | $550.78 Million | 2.45% | 0.03x | $547.01 Million |
| Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS (FMIZP) | $39.89 Million | 41.88% | 0.17x | $82.66 Million |
| Global Yatirim Holding AS (GLYHO) | $13.82 Billion | 23.99% | 3.96x | $696.62 Million |
| Ihlas Holding AS (IHLAS) | $43.45 Trillion | 0.00% | 3.95x | $29.05 Million |
About AGROT
Agrotech Yuksek Teknoloji Ve Yatirim Anonim Sirketi operates agriculture, technology, warehousing and logistics, and food production company in Turkey. The company's products include tomato, cherry, hazelnut, walnut, apple, pear, peach, nectarine, cucumber, plum, and grape. The company was incorporated in 2013 and is based in Istanbul, Turkey.