Astor Enerji AS
Astor Enerji A.S. engages in the manufacturing of transformers, and medium and high voltage switching products for industrial facilities. The company offers power transformers and special type transformers; and distribution transformers, such as oil type distribution, dry type, special distribution, and grounding, as well as MT shunt reactors and magnetic control shunt reactors. It also provides … Read more
Astor Enerji AS (ASTOR) - Net Assets
Latest net assets as of September 2024: TL18.33 Billion TRY
Based on the latest financial reports, Astor Enerji AS (ASTOR) has net assets worth TL18.33 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL27.82 Billion) and total liabilities (TL9.49 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 | TL18.33 Billion |
| % of Total Assets | 65.88% |
| Annual Growth Rate | 180.01% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 197.43 |
Astor Enerji AS - Net Assets Trend (2020–2023)
This chart illustrates how Astor Enerji 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 Astor Enerji AS (2020–2023)
The table below shows the annual net assets of Astor Enerji AS from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL12.24 Billion | +83.08% |
| 2022-12-31 | TL6.69 Billion | +508.52% |
| 2021-12-31 | TL1.10 Billion | +96.65% |
| 2020-12-31 | TL558.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Astor Enerji 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 2076.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL7.67 Billion | 62.65% |
| Other Components | TL4.57 Billion | 37.35% |
| Total Equity | TL12.24 Billion | 100.00% |
Astor Enerji AS Competitors by Market Cap
The table below lists competitors of Astor Enerji AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atresmedia Corporación de Medios de Comunicación S.A
PINK:ATVDY
|
$558.43 Million |
|
Esperion Therapeutics Inc
NASDAQ:ESPR
|
$558.45 Million |
|
Evergreen Aviation Tech Corp
TW:2645
|
$558.56 Million |
|
Guangan
SHG:600979
|
$558.73 Million |
|
R R Kabel Limited
NSE:RRKABEL
|
$558.22 Million |
|
Hunan Yussen Energy Technology
SHE:002986
|
$558.13 Million |
|
COVER Corporation
OTCGREY:COVCF
|
$558.04 Million |
|
Brim hf
IC:BRIM
|
$558.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Astor Enerji AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 6,685,027,406 to 12,238,814,122, a change of 5,553,786,716 (83.1%).
- Net income of 4,598,326,879 contributed positively to equity growth.
- New share issuances of 1,869,704,850 increased equity.
- Other factors decreased equity by 914,245,013.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL4.60 Billion | +37.57% |
| Share Issuances | TL1.87 Billion | +15.28% |
| Other Changes | TL-914.25 Million | -7.47% |
| Total Change | TL- | 83.08% |
Book Value vs Market Value Analysis
This analysis compares Astor Enerji 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: 15.10x
- 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 330.85x to 15.10x 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 | TL0.56 | TL185.20 | x |
| 2021-12-31 | TL1.10 | TL185.20 | x |
| 2022-12-31 | TL6.70 | TL185.20 | x |
| 2023-12-31 | TL12.26 | TL185.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Astor Enerji 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): 37.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.19%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 1.53x
- Recent ROE (37.57%) is below the historical average (38.90%), 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 | 40.38% | 15.57% | 0.86x | 3.02x | TL169.72 Million |
| 2021 | 47.12% | 16.41% | 0.99x | 2.90x | TL407.82 Million |
| 2022 | 30.52% | 14.80% | 1.17x | 1.77x | TL1.37 Billion |
| 2023 | 37.57% | 27.19% | 0.90x | 1.53x | TL3.37 Billion |
Industry Comparison
This section compares Astor Enerji AS's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $287,137,606
- Average return on equity (ROE) among peers: 10.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Astor Enerji AS (ASTOR) | TL18.33 Billion | 40.38% | 0.52x | $558.26 Million |
| Alves Kablo San As (ALVES) | $651.06 Million | 31.24% | 1.69x | $24.66 Million |
| EKOS (EKOS) | $157.40 Million | 13.05% | 1.77x | $21.38 Million |
| EMEK Elektrik Endustrisi AS (EMKEL) | $57.84 Million | 5.37% | 1.69x | $64.22 Million |
| Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. (EUPWR) | $104.85 Million | 47.42% | 1.27x | $540.12 Million |
| Gersan Elektrik Ticaret ve Sanayi AS (GEREL) | $132.47 Million | 5.28% | 2.55x | $168.46 Million |
| Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) | $510.76 Million | 7.71% | 0.67x | $81.89 Million |
| MEGA METAL (MEGMT) | $822.93 Million | 9.93% | 3.33x | $118.73 Million |
| Turk Prysmian Kablo ve Sistemleri AS (PRKAB) | $129.91 Million | 0.00% | 1.09x | $39.28 Million |
| SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) | $17.01 Million | -26.40% | 1.42x | $15.26 Million |