Alkim Kagit Sanayi ve Ticaret AS

IS:ALKA Turkey Paper & Paper Products
Market Cap
$234.83 Million
TL8.33 Billion TRY
Market Cap Rank
#22079 Global
#279 in Turkey
Share Price
TL11.33
Change (1 day)
+0.09%
52-Week Range
TL6.33 - TL15.99
All Time High
TL45.91
About

Alkim Kagit Sanayi ve Ticaret AS manufactures and sells woodfree offset, coated, and office papers in Turkey. Its woodfree offset papers include offset white writing and printing papers, and copy quality offset white writing and printing papers; coated papers comprise glossy, matt, and one side coated papers, as well as label papers; and special papers include envelope, blueprint, drawing, map, o… Read more

Alkim Kagit Sanayi ve Ticaret AS (ALKA) - Net Assets

Latest net assets as of March 2020: TL145.72 Million TRY

Based on the latest financial reports, Alkim Kagit Sanayi ve Ticaret AS (ALKA) has net assets worth TL145.72 Million TRY as of March 2020.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL249.17 Million) and total liabilities (TL103.45 Million). 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 TL145.72 Million
% of Total Assets 58.48%
Annual Growth Rate 15.07%
5-Year Change 701.34%
10-Year Change 1609.02%
Growth Volatility 39.88

Alkim Kagit Sanayi ve Ticaret AS - Net Assets Trend (2003–2024)

This chart illustrates how Alkim Kagit 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 Alkim Kagit Sanayi ve Ticaret AS (2003–2024)

The table below shows the annual net assets of Alkim Kagit Sanayi ve Ticaret AS from 2003 to 2024.

Year Net Assets Change
2024-12-31 TL1.68 Billion -7.93%
2023-12-31 TL1.82 Billion +150.56%
2022-12-31 TL726.92 Million +110.31%
2021-12-31 TL345.64 Million +65.17%
2020-12-31 TL209.26 Million +28.91%
2019-12-31 TL162.33 Million +7.48%
2018-12-31 TL151.03 Million +17.82%
2017-12-31 TL128.19 Million +3.92%
2016-12-31 TL123.35 Million +25.72%
2015-12-31 TL98.12 Million +10.76%
2014-12-31 TL88.58 Million -13.76%
2013-12-31 TL102.72 Million -0.99%
2012-12-31 TL103.75 Million -2.05%
2011-12-31 TL105.92 Million +8.03%
2010-12-31 TL98.05 Million -4.69%
2009-12-31 TL102.88 Million +5.10%
2008-12-31 TL97.89 Million +9.91%
2007-12-31 TL89.06 Million +7.53%
2006-12-31 TL82.83 Million -2.50%
2005-12-31 TL84.95 Million -3.73%
2004-12-31 TL88.25 Million +0.38%
2003-12-31 TL87.91 Million --

Equity Component Analysis

This analysis shows how different components contribute to Alkim Kagit 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 14070726100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components TL1.82 Billion 108.39%
Total Equity TL1.68 Billion 100.00%

Alkim Kagit Sanayi ve Ticaret AS Competitors by Market Cap

The table below lists competitors of Alkim Kagit Sanayi ve Ticaret AS ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alkim Kagit Sanayi ve Ticaret AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,821,382,667 to 1,676,888,231, a change of -144,494,436 (-7.9%).
  • Net loss of 140,707,261 reduced equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL-140.71 Million -8.39%
Other Changes TL-3.79 Million -0.23%
Total Change TL- -7.93%

Book Value vs Market Value Analysis

This analysis compares Alkim Kagit 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: 4.97x
  • 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 increased from 4.64x to 4.97x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 TL2.44 TL11.33 x
2018-12-31 TL2.88 TL11.33 x
2019-12-31 TL3.09 TL11.33 x
2020-12-31 TL3.99 TL11.33 x
2021-12-31 TL6.58 TL11.33 x
2022-12-31 TL3.96 TL11.33 x
2023-12-31 TL2.48 TL11.33 x
2024-12-31 TL2.28 TL11.33 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alkim Kagit 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): -8.39%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -5.16%
  • • Asset Turnover: 1.12x
  • • Equity Multiplier: 1.45x
  • Recent ROE (-8.39%) is below the historical average (16.65%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2003 4.96% 6.38% 0.61x 1.28x TL-4.43 Million
2007 7.00% 6.90% 0.79x 1.28x TL-2.67 Million
2008 9.02% 9.87% 0.74x 1.24x TL-962.80K
2009 8.57% 9.46% 0.74x 1.23x TL-1.47 Million
2010 3.08% 2.91% 0.80x 1.31x TL-6.78 Million
2011 11.49% 9.91% 0.90x 1.29x TL1.58 Million
2012 6.52% 5.52% 0.85x 1.38x TL-3.61 Million
2013 4.09% 3.60% 0.76x 1.49x TL-6.07 Million
2014 -7.80% -5.46% 1.10x 1.30x TL-15.77 Million
2015 10.31% 6.73% 1.02x 1.50x TL308.71K
2016 21.45% 14.99% 1.04x 1.37x TL14.12 Million
2017 21.28% 11.57% 1.34x 1.38x TL14.46 Million
2018 31.34% 13.41% 1.60x 1.46x TL32.23 Million
2019 27.39% 11.45% 1.62x 1.48x TL28.23 Million
2020 40.02% 21.00% 1.36x 1.40x TL62.82 Million
2021 53.33% 26.30% 1.23x 1.65x TL149.78 Million
2022 65.59% 25.85% 1.90x 1.34x TL404.12 Million
2023 7.18% 3.79% 1.41x 1.34x TL-51.40 Million
2024 -8.39% -5.16% 1.12x 1.45x TL-308.40 Million

Industry Comparison

This section compares Alkim Kagit Sanayi ve Ticaret AS's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

  • Industry: Paper & Paper Products
  • Average net assets among peers: $591,545,950
  • Average return on equity (ROE) among peers: 24.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Alkim Kagit Sanayi ve Ticaret AS (ALKA) TL145.72 Million 4.96% 0.71x $41.77 Million
Alkim Alkali Kimya AS (ALKIM) $125.19 Million 8.92% 0.30x $85.56 Million
Konya Kagit Sanayi ve Ticaret AS (KONKA) $1.20 Billion 33.72% 0.24x $21.78 Million
Europap Tezol Kagit Sanayi Ve Ticaret AS (TEZOL) $454.36 Million 30.05% 0.49x $55.44 Million