Ard Grup Bilisim Teknolojileri AS (ARDYZ) - Net Assets
Based on the latest financial reports, Ard Grup Bilisim Teknolojileri AS (ARDYZ) has net assets worth TL3.81 Billion TRY (≈ $85.42 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.92 Billion ≈ $132.65 Million USD) and total liabilities (TL2.11 Billion ≈ $47.22 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. Check how resilient are Ard Grup Bilisim Teknolojileri AS's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL3.81 Billion |
| % of Total Assets | 64.4% |
| Annual Growth Rate | 99.49% |
| 5-Year Change | 1576.38% |
| 10-Year Change | N/A |
| Growth Volatility | 91.67 |
Ard Grup Bilisim Teknolojileri AS - Net Assets Trend (2018–2024)
This chart illustrates how Ard Grup Bilisim Teknolojileri AS's net assets have evolved over time, based on quarterly financial data. Also explore ARDYZ total asset value for the complete picture of this company's asset base.
Annual Net Assets for Ard Grup Bilisim Teknolojileri AS (2018–2024)
The table below shows the annual net assets of Ard Grup Bilisim Teknolojileri AS from 2018 to 2024. For live valuation and market cap data, see Ard Grup Bilisim Teknolojileri AS (ARDYZ) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.91 Billion ≈ $65.15 Million |
+14.71% |
| 2023-12-31 | TL2.54 Billion ≈ $56.79 Million |
+302.71% |
| 2022-12-31 | TL629.66 Million ≈ $14.10 Million |
+93.90% |
| 2021-12-31 | TL324.74 Million ≈ $7.27 Million |
+87.15% |
| 2020-12-31 | TL173.52 Million ≈ $3.89 Million |
+139.18% |
| 2019-12-31 | TL72.55 Million ≈ $1.62 Million |
+57.33% |
| 2018-12-31 | TL46.11 Million ≈ $1.03 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ard Grup Bilisim Teknolojileri 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 7036.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL2.01 Billion | 70.58% |
| Other Components | TL837.07 Million | 29.42% |
| Total Equity | TL2.84 Billion | 100.00% |
Ard Grup Bilisim Teknolojileri AS Competitors by Market Cap
The table below lists competitors of Ard Grup Bilisim Teknolojileri AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caswell Inc
TW:6416
|
$187.18 Million |
|
Bank Artha Graha Internasional
JK:INPC
|
$187.23 Million |
|
D2L Inc
TO:DTOL
|
$187.25 Million |
|
Daewon Sanup Co. Ltd
KQ:005710
|
$187.26 Million |
|
India Pesticides Limited
NSE:IPL
|
$187.07 Million |
|
Genova Property Group AB
ST:GPG
|
$187.05 Million |
|
Accelya Solutions India Limited
NSE:ACCELYA
|
$187.02 Million |
|
FREYR Battery SA
NYSE:FREY
|
$186.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ard Grup Bilisim Teknolojileri AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,479,200,325 to 2,844,834,889, a change of 365,634,564 (14.7%).
- Net income of 373,210,821 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL373.21 Million | +13.12% |
| Other Changes | TL-7.58 Million | -0.27% |
| Total Change | TL- | 14.75% |
Book Value vs Market Value Analysis
This analysis compares Ard Grup Bilisim Teknolojileri 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: 2.95x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 170.53x to 2.95x 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 | TL0.29 | TL50.20 | x |
| 2019-12-31 | TL0.46 | TL50.20 | x |
| 2020-12-31 | TL1.02 | TL50.20 | x |
| 2021-12-31 | TL1.91 | TL50.20 | x |
| 2022-12-31 | TL3.70 | TL50.20 | x |
| 2023-12-31 | TL14.75 | TL50.20 | x |
| 2024-12-31 | TL17.02 | TL50.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ard Grup Bilisim Teknolojileri 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): 13.12%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.93%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 1.43x
- Recent ROE (13.12%) is below the historical average (36.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 48.57% | 43.59% | 0.77x | 1.45x | TL17.79 Million |
| 2019 | 36.40% | 46.53% | 0.66x | 1.19x | TL19.15 Million |
| 2020 | 37.85% | 52.45% | 0.64x | 1.12x | TL48.32 Million |
| 2021 | 46.58% | 54.37% | 0.77x | 1.11x | TL118.79 Million |
| 2022 | 48.67% | 55.19% | 0.62x | 1.42x | TL243.50 Million |
| 2023 | 24.95% | 37.56% | 0.49x | 1.36x | TL370.60 Million |
| 2024 | 13.12% | 17.93% | 0.51x | 1.43x | TL88.73 Million |
Industry Comparison
This section compares Ard Grup Bilisim Teknolojileri AS's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $39,788,321
- Average return on equity (ROE) among peers: 48.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ard Grup Bilisim Teknolojileri AS (ARDYZ) | TL3.81 Billion | 48.57% | 0.55x | $187.12 Million |
| Atp Ticari Bilgisayar Agi ve Elektrik Guc Kaynaklari Uretim Pazarlama ve Ticaret (ATATP) | $46.75 Million | 57.10% | 2.56x | $84.75 Million |
| Kron Telekomunikasyon Hizmetleri AS (KRONT) | $3.71 Million | 81.60% | 2.18x | $74.63 Million |
| Smartiks Yazilim AS (SMART) | $68.90 Million | 5.53% | 0.35x | $25.76 Million |
About Ard Grup Bilisim Teknolojileri AS
Ard Grup Bilisim Teknolojileri Anonim Sirketi engages in the software, information technology, communication, and telecommunication businesses in Turkey. The company offers enterprise software solutions, including corporate information management system, corporate identity and access management systems, enterprise equipment tracking, enterprise equipment tracking systems, e-government projects, R… Read more