Beyaz Filo Oto Kiralama AS

IS:BEYAZ Turkey Rental & Leasing Services
Market Cap
$81.52 Million
TL2.89 Billion TRY
Market Cap Rank
#25505 Global
#399 in Turkey
Share Price
TL29.00
Change (1 day)
+1.19%
52-Week Range
TL19.09 - TL40.88
All Time High
TL85.15
About

Beyaz Filo Oto Kiralama A.S., together with its subsidiaries, engages in the used car auctions, new vehicle fleet sales, retailing, and after-sales services in Turkey. It serves fleet rental companies. Beyaz Filo Oto Kiralama A.S. was founded in 1993 and is headquartered in Ankara, Turkey.

Beyaz Filo Oto Kiralama AS (BEYAZ) - Net Assets

Latest net assets as of September 2025: TL1.28 Billion TRY

Based on the latest financial reports, Beyaz Filo Oto Kiralama AS (BEYAZ) has net assets worth TL1.28 Billion TRY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.17 Billion) and total liabilities (TL1.90 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 TL1.28 Billion
% of Total Assets 40.25%
Annual Growth Rate 39.96%
5-Year Change 497.14%
10-Year Change 1288.81%
Growth Volatility 266.62

Beyaz Filo Oto Kiralama AS - Net Assets Trend (2010–2024)

This chart illustrates how Beyaz Filo Oto Kiralama 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 Beyaz Filo Oto Kiralama AS (2010–2024)

The table below shows the annual net assets of Beyaz Filo Oto Kiralama AS from 2010 to 2024.

Year Net Assets Change
2024-12-31 TL925.27 Million -5.92%
2023-12-31 TL983.54 Million +217.52%
2022-12-31 TL309.76 Million +56.14%
2021-12-31 TL198.38 Million +28.03%
2020-12-31 TL154.95 Million +28.77%
2019-12-31 TL120.33 Million +12.14%
2018-12-31 TL107.31 Million +1.16%
2017-12-31 TL106.08 Million +14.58%
2016-12-31 TL92.58 Million +38.96%
2015-12-31 TL66.62 Million +109.86%
2014-12-31 TL31.75 Million +39.57%
2013-12-31 TL22.75 Million -57.03%
2012-12-31 TL52.94 Million +1038.43%
2011-12-31 TL4.65 Million -44.38%
2010-12-31 TL8.36 Million --

Equity Component Analysis

This analysis shows how different components contribute to Beyaz Filo Oto Kiralama 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 23947888400.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL239.48 Million 25.88%
Other Components TL685.79 Million 74.12%
Total Equity TL925.27 Million 100.00%

Beyaz Filo Oto Kiralama AS Competitors by Market Cap

The table below lists competitors of Beyaz Filo Oto Kiralama AS ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Beyaz Filo Oto Kiralama AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 983,540,217 to 925,272,855, a change of -58,267,362 (-5.9%).
  • Net loss of 37,853,286 reduced equity.
  • Dividend payments of 13,356,604 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL-37.85 Million -4.09%
Dividends Paid TL13.36 Million -1.44%
Other Changes TL-7.06 Million -0.76%
Total Change TL- -5.92%

Book Value vs Market Value Analysis

This analysis compares Beyaz Filo Oto Kiralama 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: 3.12x
  • 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 27.25x to 3.12x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 TL1.06 TL29.00 x
2018-12-31 TL1.08 TL29.00 x
2019-12-31 TL1.21 TL29.00 x
2020-12-31 TL1.55 TL29.00 x
2021-12-31 TL1.99 TL29.00 x
2022-12-31 TL3.11 TL29.00 x
2023-12-31 TL9.87 TL29.00 x
2024-12-31 TL9.28 TL29.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Beyaz Filo Oto Kiralama 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): -4.09%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.25%
  • • Asset Turnover: 5.96x
  • • Equity Multiplier: 2.75x
  • Recent ROE (-4.09%) is below the historical average (17.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 0.65% 0.09% 0.28x 25.62x TL-782.00K
2012 1.35% 1.18% 0.27x 4.19x TL-4.58 Million
2013 11.19% 1.84% 0.51x 12.05x TL270.50K
2014 29.32% 3.93% 1.33x 5.61x TL6.13 Million
2015 63.80% 10.44% 2.31x 2.64x TL35.84 Million
2016 28.57% 5.09% 2.64x 2.12x TL17.19 Million
2017 13.19% 1.98% 2.53x 2.64x TL3.38 Million
2018 0.87% 0.15% 3.57x 1.59x TL-9.80 Million
2019 12.02% 1.87% 2.66x 2.42x TL2.43 Million
2020 24.36% 2.90% 3.20x 2.62x TL22.25 Million
2021 19.18% 2.59% 3.37x 2.20x TL18.21 Million
2022 28.49% 2.96% 2.12x 4.54x TL57.27 Million
2023 14.84% 0.97% 5.20x 2.95x TL47.60 Million
2024 -4.09% -0.25% 5.96x 2.75x TL-130.38 Million

Industry Comparison

This section compares Beyaz Filo Oto Kiralama AS's net assets metrics with peer companies in the Rental & Leasing Services industry.

Industry Context

  • Industry: Rental & Leasing Services
  • Average net assets among peers: $227,932,160
  • Average return on equity (ROE) among peers: 23.80%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Beyaz Filo Oto Kiralama AS (BEYAZ) TL1.28 Billion 0.65% 1.48x $19.92 Million
Borlease Otomotiv A.S. (BORLS) $-19.99 Million 0.00% 0.00x $19.46 Million
Escar Turizm Tasimacilik Ticaret AS (ESCAR) $104.53 Million 25.33% 4.40x $33.04 Million
LDR Turizm AS (LIDER) $288.87 Million 48.56% 2.44x $297.89 Million
Platform Turizm Tasimacilik AS (PLTUR) $538.31 Million 21.30% 1.63x $36.60 Million