Alarko Carrier Sanayi ve Ticaret AS
Alarko Carrier Sanayi ve Ticaret A.S. manufactures and sells products and services in the areas of heating, cooling, ventilation, water pressurization, building automation, and energy efficiency monitoring. The company offers various heating systems, including combi boilers, boilers, radiators, underfloor heating pipes, hot water storage tanks, expansion tanks, and heating control equipment; air … Read more
Alarko Carrier Sanayi ve Ticaret AS (ALCAR) - Net Assets
Latest net assets as of September 2025: TL2.11 Billion TRY
Based on the latest financial reports, Alarko Carrier Sanayi ve Ticaret AS (ALCAR) has net assets worth TL2.11 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 (TL5.65 Billion) and total liabilities (TL3.54 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 | TL2.11 Billion |
| % of Total Assets | 37.37% |
| Annual Growth Rate | -32.13% |
| 5-Year Change | 466.83% |
| 10-Year Change | 633.03% |
| Growth Volatility | 38.59 |
Alarko Carrier Sanayi ve Ticaret AS - Net Assets Trend (2000–2024)
This chart illustrates how Alarko Carrier Sanayi ve Ticaret 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 Alarko Carrier Sanayi ve Ticaret AS (2000–2024)
The table below shows the annual net assets of Alarko Carrier Sanayi ve Ticaret AS from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.57 Billion | +19.37% |
| 2023-12-31 | TL2.15 Billion | +108.56% |
| 2022-12-31 | TL1.03 Billion | +107.38% |
| 2021-12-31 | TL497.75 Million | +9.79% |
| 2020-12-31 | TL453.38 Million | +14.51% |
| 2019-12-31 | TL395.94 Million | +3.68% |
| 2018-12-31 | TL381.88 Million | +5.37% |
| 2017-12-31 | TL362.41 Million | +5.56% |
| 2016-12-31 | TL343.31 Million | -2.08% |
| 2015-12-31 | TL350.58 Million | +6.26% |
| 2014-12-31 | TL329.92 Million | +6.24% |
| 2013-12-31 | TL310.54 Million | +9.87% |
| 2012-12-31 | TL282.64 Million | +7.14% |
| 2011-12-31 | TL263.81 Million | +23.34% |
| 2010-12-31 | TL213.88 Million | +4.29% |
| 2009-12-31 | TL205.09 Million | +0.70% |
| 2008-12-31 | TL203.66 Million | +9.56% |
| 2007-12-31 | TL185.90 Million | +8.84% |
| 2006-12-31 | TL170.79 Million | +9.02% |
| 2005-12-31 | TL156.65 Million | +12.53% |
| 2004-12-31 | TL139.21 Million | -100.00% |
| 2003-12-31 | TL92.08 Trillion | +30.88% |
| 2002-12-31 | TL70.36 Trillion | +55.86% |
| 2001-12-31 | TL45.14 Trillion | +60.35% |
| 2000-12-31 | TL28.15 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alarko Carrier Sanayi ve Ticaret 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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.53 Billion | 59.41% |
| Other Components | TL1.04 Billion | 40.59% |
| Total Equity | TL2.57 Billion | 100.00% |
Alarko Carrier Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Alarko Carrier Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanjin Heavy Ind & Const Holdings Co Ltd
KO:003480
|
$36.86 Million |
|
Xilio Development Inc
NASDAQ:XLO
|
$36.86 Million |
|
Jantsa Jant Sanayi ve Ticaret AS
IS:JANTS
|
$36.89 Million |
|
James Bay Minerals Ltd
AU:JBY
|
$36.90 Million |
|
EMBARK EDUCATION LTD.
F:9EV
|
$36.84 Million |
|
INSTAL KRAKÓW SA
WAR:INK
|
$36.83 Million |
|
DLH Holdings Corp
NASDAQ:DLHC
|
$36.82 Million |
|
Singular Genomics Systems Inc
NASDAQ:OMIC
|
$36.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alarko Carrier Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,152,842,685 to 2,569,882,838, a change of 417,040,153 (19.4%).
- Net income of 412,926,697 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL412.93 Million | +16.07% |
| Other Changes | TL4.11 Million | +0.16% |
| Total Change | TL- | 19.37% |
Book Value vs Market Value Analysis
This analysis compares Alarko Carrier Sanayi ve Ticaret 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: 3.19x
- 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 22.62x to 3.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL33.56 | TL759.00 | x |
| 2018-12-31 | TL35.36 | TL759.00 | x |
| 2019-12-31 | TL36.66 | TL759.00 | x |
| 2020-12-31 | TL41.98 | TL759.00 | x |
| 2021-12-31 | TL46.09 | TL759.00 | x |
| 2022-12-31 | TL95.58 | TL759.00 | x |
| 2023-12-31 | TL199.34 | TL759.00 | x |
| 2024-12-31 | TL237.95 | TL759.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alarko Carrier Sanayi ve Ticaret 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): 16.07%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.33%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 2.11x
- Recent ROE (16.07%) is above the historical average (12.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 24.32% | 9.37% | 1.44x | 1.80x | TL4.03 Trillion |
| 2003 | 18.45% | 10.22% | 1.25x | 1.45x | TL7.78 Trillion |
| 2004 | 5.84% | 4.11% | 1.09x | 1.31x | TL-5.80 Million |
| 2005 | 12.59% | 8.76% | 1.07x | 1.34x | TL4.06 Million |
| 2006 | 11.65% | 8.04% | 1.09x | 1.33x | TL2.81 Million |
| 2007 | 10.27% | 7.06% | 1.06x | 1.38x | TL493.30K |
| 2008 | 11.21% | 8.25% | 1.05x | 1.29x | TL2.47 Million |
| 2009 | 5.09% | 4.44% | 0.95x | 1.21x | TL-10.07 Million |
| 2010 | 4.08% | 3.49% | 0.98x | 1.19x | TL-12.67 Million |
| 2011 | 19.89% | 15.97% | 1.00x | 1.24x | TL26.09 Million |
| 2012 | 9.52% | 7.61% | 1.04x | 1.21x | TL-1.34 Million |
| 2013 | 11.10% | 9.31% | 0.97x | 1.23x | TL3.41 Million |
| 2014 | 8.95% | 7.24% | 1.03x | 1.20x | TL-3.47 Million |
| 2015 | 10.50% | 8.40% | 1.02x | 1.23x | TL1.77 Million |
| 2016 | 11.09% | 7.82% | 1.10x | 1.29x | TL3.75 Million |
| 2017 | 14.29% | 8.91% | 1.23x | 1.30x | TL15.55 Million |
| 2018 | 12.92% | 7.75% | 1.14x | 1.46x | TL11.14 Million |
| 2019 | 4.14% | 2.80% | 1.01x | 1.46x | TL-23.20 Million |
| 2020 | 13.65% | 7.83% | 1.09x | 1.60x | TL16.53 Million |
| 2021 | 14.46% | 5.69% | 1.07x | 2.37x | TL22.18 Million |
| 2022 | 56.12% | 26.84% | 0.97x | 2.15x | TL476.05 Million |
| 2023 | -27.59% | -7.53% | 1.42x | 2.59x | TL-809.28 Million |
| 2024 | 16.07% | 6.33% | 1.20x | 2.11x | TL155.94 Million |
Industry Comparison
This section compares Alarko Carrier Sanayi ve Ticaret AS's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $232,628,560
- Average return on equity (ROE) among peers: 14.65%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alarko Carrier Sanayi ve Ticaret AS (ALCAR) | TL2.11 Billion | 24.32% | 1.68x | $36.85 Million |
| Burcelik Bursa Celik Dokum Sanayi AS (BURCE) | $19.49 Million | 0.00% | 1.12x | $48.39 Million |
| Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S. (HKTM) | $98.52 Million | 42.22% | 1.43x | $15.97 Million |
| Imas Makina Sanayi AS (IMASM) | $164.44 Million | 24.56% | 1.91x | $48.54 Million |
| Klimasan Klima Sanayi ve Ticaret AS (KLMSN) | $26.03 Million | 0.00% | 3.50x | $20.47 Million |
| Makim Makina Teknolojileri Sanayi ve Ticaret A.S. (MAKIM) | $854.67 Million | 6.48% | 0.42x | $19.14 Million |