AVRUPAKENT GMYO
Avrupakent Gayrimenkul Yatirim Ortakligi Anonim Sirketi engages in the real estate development, leasing, and business administration activities in Turkey. It operates residential, shopping malls, and other real estate properties. The company was founded in 1977 and is based in Istanbul, Turkey.
AVRUPAKENT GMYO (AVPGY) - Net Assets
Latest net assets as of September 2024: TL35.87 Billion TRY
Based on the latest financial reports, AVRUPAKENT GMYO (AVPGY) has net assets worth TL35.87 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 (TL36.29 Billion) and total liabilities (TL417.06 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 | TL35.87 Billion |
| % of Total Assets | 98.85% |
| Annual Growth Rate | 173.5% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 325.88 |
AVRUPAKENT GMYO - Net Assets Trend (2021–2024)
This chart illustrates how AVRUPAKENT GMYO's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for AVRUPAKENT GMYO (2021–2024)
The table below shows the annual net assets of AVRUPAKENT GMYO from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | TL20.51 Billion | +24.33% |
| 2023-06-30 | TL16.49 Billion | +747.90% |
| 2022-06-30 | TL1.95 Billion | +94.19% |
| 2021-06-30 | TL1.00 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to AVRUPAKENT GMYO'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 2194.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL14.95 Billion | 72.91% |
| Other Components | TL5.55 Billion | 27.09% |
| Total Equity | TL20.51 Billion | 100.00% |
AVRUPAKENT GMYO Competitors by Market Cap
The table below lists competitors of AVRUPAKENT GMYO ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yunnan Jinggu Forestry Co Ltd
SHG:600265
|
$122.59 Million |
|
Jefferson Capital, Inc. Common Stock
NASDAQ:JCAP
|
$122.62 Million |
|
Orell Fuessli Holding AG
SW:OFN
|
$122.63 Million |
|
V Technology Co. Ltd
PINK:VCHYF
|
$122.79 Million |
|
Xiangpiaopiao Food Co Ltd
SHG:603711
|
$122.56 Million |
|
Bms Birlesik Metal Sanayi ve Ticaret AS
IS:BMSTL
|
$122.56 Million |
|
Huida Sanitary Ware Co Ltd
SHG:603385
|
$122.54 Million |
|
Oriental Precision & Engineering Co.Ltd
KQ:014940
|
$122.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AVRUPAKENT GMYO's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 16,034,653,910 to 20,507,030,290, a change of 4,472,376,380 (27.9%).
- Net income of 3,261,183,494 contributed positively to equity growth.
- New share issuances of 3,515,200,000 increased equity.
- Other factors decreased equity by 2,304,007,114.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL3.26 Billion | +15.9% |
| Share Issuances | TL3.52 Billion | +17.14% |
| Other Changes | TL-2.30 Billion | -11.24% |
| Total Change | TL- | 27.89% |
Book Value vs Market Value Analysis
This analysis compares AVRUPAKENT GMYO'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: 0.95x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 19.44x to 0.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | TL2.50 | TL48.68 | x |
| 2022-06-30 | TL4.86 | TL48.68 | x |
| 2023-06-30 | TL40.09 | TL48.68 | x |
| 2024-06-30 | TL51.27 | TL48.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AVRUPAKENT GMYO 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): 15.90%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 105.78%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.02x
- Recent ROE (15.90%) is below the historical average (34.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 10.55% | 10.63% | 0.49x | 2.03x | TL5.51 Million |
| 2022 | 48.57% | 553.97% | 0.05x | 1.83x | TL750.26 Million |
| 2023 | 63.01% | 171.42% | 0.29x | 1.25x | TL8.50 Billion |
| 2024 | 15.90% | 105.78% | 0.15x | 1.02x | TL1.21 Billion |
Industry Comparison
This section compares AVRUPAKENT GMYO's net assets metrics with peer companies in the Real Estate - Diversified industry.
Industry Context
- Industry: Real Estate - Diversified
- Average net assets among peers: $693,545,320
- Average return on equity (ROE) among peers: 6.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AVRUPAKENT GMYO (AVPGY) | TL35.87 Billion | 10.55% | 0.01x | $122.57 Million |
| Adese Gayrimenkul Yatirim AS (ADESE) | $291.14 Million | 0.00% | 0.60x | $123.45 Million |
| Ihlas Gayrimenkul Proje Gelistirme ve Ticaret AS (IHLGM) | $1.10 Billion | 12.22% | 0.22x | $43.35 Million |