Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) - Net Assets
Based on the latest financial reports, Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) has net assets worth TL4.13 Billion TRY (≈ $92.45 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.16 Billion ≈ $115.63 Million USD) and total liabilities (TL1.03 Billion ≈ $23.17 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. Read Atakey Patates Gida Sanayi ve Ticaret A. total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL4.13 Billion |
| % of Total Assets | 79.96% |
| Annual Growth Rate | 97.29% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Atakey Patates Gida Sanayi ve Ticaret A.S. - Net Assets Trend (2022–2023)
This chart illustrates how Atakey Patates Gida Sanayi ve Ticaret A.S.'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Atakey Patates Gida Sanayi ve Ticaret A. for the complete picture of this company's asset base.
Annual Net Assets for Atakey Patates Gida Sanayi ve Ticaret A.S. (2022–2023)
The table below shows the annual net assets of Atakey Patates Gida Sanayi ve Ticaret A.S. from 2022 to 2023. For live valuation and market cap data, see ATAKP company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL3.07 Billion ≈ $68.70 Million |
+97.20% |
| 2022-12-31 | TL1.56 Billion ≈ $34.84 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Atakey Patates Gida Sanayi ve Ticaret A.S.'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 37.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.07 Billion | 35.05% |
| Other Components | TL1.99 Billion | 64.95% |
| Total Equity | TL3.07 Billion | 100.00% |
Atakey Patates Gida Sanayi ve Ticaret A.S. Competitors by Market Cap
The table below lists competitors of Atakey Patates Gida Sanayi ve Ticaret A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
LAUNCH TECH CO. H YC-01
F:LAN
|
$162.02 Million |
|
NoHo Partners Oyj
HE:NOHO
|
$162.04 Million |
|
888 Holdings plc
F:C8V
|
$162.10 Million |
|
The Lovesac Company
NASDAQ:LOVE
|
$162.10 Million |
|
Superior Uniform Group Inc
NASDAQ:SGC
|
$161.92 Million |
|
Enea AB
ST:ENEA
|
$161.82 Million |
|
New Era Electronics Co Ltd
TWO:4909
|
$161.77 Million |
|
Revival Gold Inc
V:RVG
|
$161.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Atakey Patates Gida Sanayi ve Ticaret A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,555,360,689 to 3,067,164,324, a change of 1,511,803,635 (97.2%).
- Net income of 295,694,667 contributed positively to equity growth.
- New share issuances of 922,723,159 increased equity.
- Other factors increased equity by 293,385,809.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL295.69 Million | +9.64% |
| Share Issuances | TL922.72 Million | +30.08% |
| Other Changes | TL293.39 Million | +9.57% |
| Total Change | TL- | 97.20% |
Book Value vs Market Value Analysis
This analysis compares Atakey Patates Gida Sanayi ve Ticaret A.S.'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: 2.36x
- 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 4.65x to 2.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | TL11.21 | TL52.10 | x |
| 2023-12-31 | TL22.10 | TL52.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Atakey Patates Gida Sanayi ve Ticaret A.S. 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): 9.64%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.60%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.33x
- Recent ROE (9.64%) is below the historical average (34.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 59.44% | 43.08% | 0.73x | 1.90x | TL768.98 Million |
| 2023 | 9.64% | 11.60% | 0.62x | 1.33x | TL-11.02 Million |
Industry Comparison
This section compares Atakey Patates Gida Sanayi ve Ticaret A.S.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $755,246,556
- Average return on equity (ROE) among peers: -1.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) | TL4.13 Billion | 59.44% | 0.25x | $161.93 Million |
| AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD) | $1.06 Billion | 2.31% | 0.64x | $30.48 Million |
| Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT) | $218.87 Million | -45.54% | 3.80x | $347.24 Million |
| Dardanel Onentas Gida Sanayi AS (DARDL) | $-280.59 Million | 0.00% | 0.00x | $119.19 Million |
| Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN) | $2.68 Billion | -8.28% | 0.79x | $81.57 Million |
| ERSU Meyve ve Gida Sanayi AS (ERSU) | $20.13 Million | 2.04% | 0.17x | $20.24 Million |
| Fade Gida Yatirim Sanayi Ticaret As (FADE) | $158.54 Million | 21.77% | 0.53x | $28.94 Million |
| Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO) | $20.53 Million | 18.08% | 2.43x | $58.57 Million |
| Goknur Gida Maddeleri Enerji Imalati Ithalat Ihracat Ticaret ve Sanayi A.S. (GOKNR) | $2.94 Billion | -4.22% | 1.71x | $171.99 Million |
| Kerevitas Gida Sanayi ve Ticaret AS (KERVT) | $-21.31 Million | 0.00% | 0.00x | $212.77 Million |
About Atakey Patates Gida Sanayi ve Ticaret A.S.
Atakey Patates Gida Sanayi ve Ticaret A.S. produces and supplies French fries in Turkey. The company offers potato wedges, spicy coated potato wedges, crinkle potato, spicy coated crinkle potato, coated cage fries, and spicy coated cage fries. It also provides frozen cheese stick and onion rings. It supplies its products to quick service restaurants. It also exports to China, Brazil, Iraq, and Un… Read more