Bagfas Bandirma Gubre Fabrikalari AS Net Assets

Latest as of June 2024: TL5.80 Billion TRY ≈ $129.87 Million USD

Bagfas Bandirma Gubre Fabrikalari AS net assets. Based on the latest financial reports, Bagfas Bandirma Gubre Fabrikalari AS (BAGFS) has net assets worth TL5.80 Billion TRY (≈ $129.87 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL10.62 Billion ≈ $237.96 Million USD) and total liabilities (TL4.83 Billion ≈ $108.09 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. Also explore net asset growth rate of Bagfas Bandirma Gubre Fabrikalari AS to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL5.80 Billion
% of Total Assets	54.58%
Annual Growth Rate	-33.19%
5-Year Change	956.43%
10-Year Change	1563.25%
Growth Volatility	61.69

Net Assets of Bagfas Bandirma Gubre Fabrikalari AS (2001–2023)

Net assets of Bagfas Bandirma Gubre Fabrikalari AS from 2001 to 2023. This chart illustrates how Bagfas Bandirma Gubre Fabrikalari AS's net assets have evolved over time, based on quarterly financial data. See BAGFS equity financing ratio to measure how much of total assets are equity-financed.

Annual Net Assets for Bagfas Bandirma Gubre Fabrikalari AS (2001–2023)

The table below shows the annual net assets of Bagfas Bandirma Gubre Fabrikalari AS from 2001 to 2023. For live market cap and overall valuation, see BAGFS market cap overview.

Year	Net Assets	Change
2023-12-31	TL4.70 Billion ≈ $105.27 Million	+168.29%
2022-12-31	TL1.75 Billion ≈ $39.24 Million	+167.43%
2021-12-31	TL655.08 Million ≈ $14.67 Million	+64.47%
2020-12-31	TL398.30 Million ≈ $8.92 Million	-10.48%
2019-12-31	TL444.91 Million ≈ $9.96 Million	+22.56%
2018-12-31	TL363.02 Million ≈ $8.13 Million	-23.37%
2017-12-31	TL473.71 Million ≈ $10.61 Million	-2.32%
2016-12-31	TL484.94 Million ≈ $10.86 Million	-7.25%
2015-12-31	TL522.85 Million ≈ $11.71 Million	+85.02%
2014-12-31	TL282.59 Million ≈ $6.33 Million	+26.75%
2013-12-31	TL222.95 Million ≈ $4.99 Million	-3.62%
2012-12-31	TL231.32 Million ≈ $5.18 Million	-2.51%
2011-12-31	TL237.28 Million ≈ $5.31 Million	+27.61%
2010-12-31	TL185.95 Million ≈ $4.16 Million	+33.81%
2009-12-31	TL138.97 Million ≈ $3.11 Million	-23.89%
2008-12-31	TL182.59 Million ≈ $4.09 Million	+58.20%
2007-12-31	TL115.42 Million ≈ $2.59 Million	+30.00%
2006-12-31	TL88.79 Million ≈ $1.99 Million	-100.00%
2002-12-31	TL49.43 Trillion ≈ $1.11 Trillion	+47.30%
2001-12-31	TL33.56 Trillion ≈ $751.62 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Bagfas Bandirma Gubre Fabrikalari 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Bagfas Bandirma Gubre Fabrikalari AS Net Assets Breakdown (December 2023)

Bagfas Bandirma Gubre Fabrikalari AS net assets breakdown by equity component as of December 2023.

Component	Amount	Percentage
Retained Earnings	TL2.88 Billion	61.26%
Common Stock	TL135.00 Million	2.87%
Other Comprehensive Income	TL205.04 Million	4.36%
Other Components	TL1.48 Billion	31.51%
Total Equity	TL4.70 Billion	100.00%

Bagfas Bandirma Gubre Fabrikalari AS Competitors by Market Cap

The table below lists competitors of Bagfas Bandirma Gubre Fabrikalari AS ranked by their market capitalization.

Company	Market Cap
American Hotel Income Properties LP TO:HOT-U	$3.93K
Milton Capital PLC LSE:MII	$3.95K
Polyplex (Thailand) Public Company Limited F:PKW	$3.97K
GS Chain PLC LSE:GSC	$4.09K
CR Capital AG XETRA:CRZK	$3.87K
NURAN WIRELESS INC. F:1RNA	$3.81K
Thai Union Group Public Company Limited F:THYG	$3.60K
PTT OIL+RET.BUS.-FOR-BA10 F:7F8	$3.48K

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bagfas Bandirma Gubre Fabrikalari AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from 1,751,865,616 to 4,700,145,746, a change of 2,948,280,130 (168.3%).
Net loss of 1,507,261,377 reduced equity.
Other comprehensive income increased equity by 47,799,912.
Other factors increased equity by 4,407,741,595.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	TL-1.51 Billion	-32.07%
Other Comprehensive Income	TL47.80 Million	+1.02%
Other Changes	TL4.41 Billion	+93.78%
Total Change	TL-	168.29%

Book Value vs Market Value Analysis

This analysis compares Bagfas Bandirma Gubre Fabrikalari 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: 0.52x
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 23.43x to 0.52x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2006-12-31	TL0.77	TL18.05	x
2007-12-31	TL1.00	TL18.05	x
2008-12-31	TL1.59	TL18.05	x
2009-12-31	TL1.21	TL18.05	x
2010-12-31	TL1.62	TL18.05	x
2011-12-31	TL2.06	TL18.05	x
2012-12-31	TL1.99	TL18.05	x
2013-12-31	TL1.92	TL18.05	x
2014-12-31	TL2.25	TL18.05	x
2015-12-31	TL4.16	TL18.05	x
2016-12-31	TL3.86	TL18.05	x
2017-12-31	TL3.77	TL18.05	x
2018-12-31	TL2.89	TL18.05	x
2019-12-31	TL3.54	TL18.05	x
2020-12-31	TL3.17	TL18.05	x
2021-12-31	TL14.48	TL18.05	x
2022-12-31	TL12.98	TL18.05	x
2023-12-31	TL34.82	TL18.05	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bagfas Bandirma Gubre Fabrikalari 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): -32.07%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -52.30%
• Asset Turnover: 0.32x
• Equity Multiplier: 1.93x
Recent ROE (-32.07%) is below the historical average (12.28%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2006	9.68%	4.42%	1.20x	1.82x	TL-285.99K
2007	27.06%	12.68%	1.35x	1.58x	TL19.69 Million
2008	45.33%	21.21%	1.27x	1.69x	TL64.51 Million
2009	-3.71%	-1.92%	1.22x	1.58x	TL-19.05 Million
2010	25.27%	16.79%	1.12x	1.35x	TL28.39 Million
2011	31.11%	22.71%	0.93x	1.47x	TL50.10 Million
2012	10.33%	6.57%	1.11x	1.42x	TL770.52K
2013	0.89%	0.60%	0.66x	2.23x	TL-20.30 Million
2014	7.72%	6.61%	0.45x	2.57x	TL-6.44 Million
2015	44.74%	50.78%	0.39x	2.24x	TL181.66 Million
2016	-7.75%	-7.53%	0.43x	2.37x	TL-86.08 Million
2017	-2.16%	-1.97%	0.42x	2.61x	TL-57.58 Million
2018	-29.68%	-30.20%	0.28x	3.52x	TL-144.04 Million
2019	18.39%	9.38%	0.53x	3.69x	TL37.33 Million
2020	-10.35%	-3.97%	0.54x	4.81x	TL-81.04 Million
2021	23.72%	8.93%	0.53x	5.00x	TL89.89 Million
2022	62.55%	28.19%	0.85x	2.62x	TL920.66 Million
2023	-32.07%	-52.30%	0.32x	1.93x	TL-1.98 Billion

Industry Comparison

This section compares Bagfas Bandirma Gubre Fabrikalari AS's net assets metrics with peer companies in the Agricultural Inputs industry.

Industry Context

Industry: Agricultural Inputs
Average net assets among peers: $4,479,722,031,167
Average return on equity (ROE) among peers: 11.82%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Bagfas Bandirma Gubre Fabrikalari AS (BAGFS)	TL5.80 Billion	9.68%	0.83x	$3.87K
Gubre Fabrikalari TAS (GUBRF)	$13.44 Trillion	0.00%	3.11x	$2.16 Billion
Hektas Ticaret TAS (HEKTS)	$507.37 Million	28.69%	1.42x	$332.31 Million
Tekfen Holding AS (TKFEN)	$1.34 Billion	6.78%	1.23x	$1.51 Billion

About Bagfas Bandirma Gubre Fabrikalari AS

IS:BAGFS Turkey Agricultural Inputs

Market Cap

$3.87K

TL172.85K TRY

Market Cap Rank

#31939 Global

#486 in Turkey

Share Price

TL18.05

Change (1 day)

+1.29%

52-Week Range

TL16.38 - TL41.52

All Time High

TL47.00