BIM Birlesik Magazalar AS (BIMAS) - Net Assets
Based on the latest financial reports, BIM Birlesik Magazalar AS (BIMAS) has net assets worth TL153.52 Billion TRY (≈ $3.44 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL326.73 Billion ≈ $7.32 Billion USD) and total liabilities (TL173.20 Billion ≈ $3.88 Billion 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL153.52 Billion |
| % of Total Assets | 46.99% |
| Annual Growth Rate | 43.51% |
| 5-Year Change | 1551.95% |
| 10-Year Change | 6996.6% |
| Growth Volatility | 53.63 |
BIM Birlesik Magazalar AS - Net Assets Trend (2004–2024)
This chart illustrates how BIM Birlesik Magazalar 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 BIM Birlesik Magazalar AS (2004–2024)
The table below shows the annual net assets of BIM Birlesik Magazalar AS from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL118.54 Billion ≈ $2.65 Billion |
+69.97% |
| 2023-12-31 | TL69.74 Billion ≈ $1.56 Billion |
+174.47% |
| 2022-12-31 | TL25.41 Billion ≈ $569.10 Million |
+225.38% |
| 2021-12-31 | TL7.81 Billion ≈ $174.90 Million |
+8.83% |
| 2020-12-31 | TL7.18 Billion ≈ $160.72 Million |
+69.35% |
| 2019-12-31 | TL4.24 Billion ≈ $94.90 Million |
+20.65% |
| 2018-12-31 | TL3.51 Billion ≈ $78.66 Million |
+18.73% |
| 2017-12-31 | TL2.96 Billion ≈ $66.25 Million |
+55.58% |
| 2016-12-31 | TL1.90 Billion ≈ $42.58 Million |
+13.82% |
| 2015-12-31 | TL1.67 Billion ≈ $37.41 Million |
+45.31% |
| 2014-12-31 | TL1.15 Billion ≈ $25.75 Million |
+15.04% |
| 2013-12-31 | TL999.26 Million ≈ $22.38 Million |
+22.91% |
| 2012-12-31 | TL813.01 Million ≈ $18.21 Million |
+31.95% |
| 2011-12-31 | TL616.15 Million ≈ $13.80 Million |
+23.12% |
| 2010-12-31 | TL500.43 Million ≈ $11.21 Million |
+28.96% |
| 2009-12-31 | TL388.06 Million ≈ $8.69 Million |
+45.29% |
| 2008-12-31 | TL267.10 Million ≈ $5.98 Million |
+32.48% |
| 2007-12-31 | TL201.61 Million ≈ $4.52 Million |
+34.90% |
| 2006-12-31 | TL149.46 Million ≈ $3.35 Million |
+56.47% |
| 2005-12-31 | TL95.52 Million ≈ $2.14 Million |
+10.57% |
| 2004-12-31 | TL86.38 Million ≈ $1.93 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to BIM Birlesik Magazalar 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 169946.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL80.51 Billion | 68.44% |
| Other Components | TL37.13 Billion | 31.56% |
| Total Equity | TL117.64 Billion | 100.00% |
BIM Birlesik Magazalar AS Competitors by Market Cap
The table below lists competitors of BIM Birlesik Magazalar AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
JD LOGISTICS DL-000025
F:822
|
$10.12 Billion |
|
Mankind Pharma Ltd
NSE:MANKIND
|
$10.12 Billion |
|
TTM Technologies Inc
NASDAQ:TTMI
|
$10.12 Billion |
|
The AES Corporation
NYSE:AES
|
$10.13 Billion |
|
Antero Midstream Partners LP
NYSE:AM
|
$10.11 Billion |
|
Aritzia Inc
TO:ATZ
|
$10.10 Billion |
|
Zydus Lifesciences Limited
NSE:ZYDUSLIFE
|
$10.09 Billion |
|
IAMGold Corporation
TO:IMG
|
$10.09 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BIM Birlesik Magazalar AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 69,111,983,000 to 117,640,111,000, a change of 48,528,128,000 (70.2%).
- Net income of 18,586,744,000 contributed positively to equity growth.
- Dividend payments of 7,178,002,000 reduced retained earnings.
- Share repurchases of 985,845,000 reduced equity.
- Other factors increased equity by 38,105,231,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL18.59 Billion | +15.8% |
| Dividends Paid | TL7.18 Billion | -6.1% |
| Share Repurchases | TL985.85 Million | -0.84% |
| Other Changes | TL38.11 Billion | +32.39% |
| Total Change | TL- | 70.22% |
Book Value vs Market Value Analysis
This analysis compares BIM Birlesik Magazalar 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: 3.84x
- 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 155.38x to 3.84x 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 | TL4.89 | TL760.00 | x |
| 2018-12-31 | TL5.86 | TL760.00 | x |
| 2019-12-31 | TL6.98 | TL760.00 | x |
| 2020-12-31 | TL11.93 | TL760.00 | x |
| 2021-12-31 | TL12.70 | TL760.00 | x |
| 2022-12-31 | TL42.15 | TL760.00 | x |
| 2023-12-31 | TL115.77 | TL760.00 | x |
| 2024-12-31 | TL197.71 | TL760.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BIM Birlesik Magazalar 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): 15.80%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.58%
- • Asset Turnover: 2.20x
- • Equity Multiplier: 2.00x
- Recent ROE (15.80%) is below the historical average (37.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 29.31% | 1.74% | 5.51x | 3.06x | TL16.68 Million |
| 2005 | 31.60% | 1.78% | 5.17x | 3.42x | TL20.63 Million |
| 2006 | 48.03% | 3.23% | 4.68x | 3.18x | TL56.83 Million |
| 2007 | 53.48% | 3.62% | 4.66x | 3.17x | TL87.65 Million |
| 2008 | 42.52% | 2.68% | 5.05x | 3.15x | TL86.85 Million |
| 2009 | 54.87% | 4.00% | 4.84x | 2.83x | TL174.14 Million |
| 2010 | 49.09% | 3.74% | 4.79x | 2.74x | TL195.60 Million |
| 2011 | 48.51% | 3.65% | 4.73x | 2.81x | TL237.29 Million |
| 2012 | 40.75% | 3.34% | 4.64x | 2.62x | TL250.02 Million |
| 2013 | 41.33% | 3.49% | 4.39x | 2.70x | TL313.06 Million |
| 2014 | 34.39% | 2.73% | 4.47x | 2.82x | TL280.35 Million |
| 2015 | 34.91% | 3.35% | 4.18x | 2.50x | TL416.10 Million |
| 2016 | 35.29% | 3.34% | 4.02x | 2.62x | TL480.74 Million |
| 2017 | 29.18% | 3.48% | 3.53x | 2.38x | TL567.21 Million |
| 2018 | 35.61% | 3.87% | 3.61x | 2.55x | TL899.26 Million |
| 2019 | 28.91% | 3.05% | 2.65x | 3.58x | TL801.15 Million |
| 2020 | 36.33% | 4.70% | 2.37x | 3.27x | TL1.89 Billion |
| 2021 | 38.56% | 4.16% | 2.32x | 4.00x | TL2.17 Billion |
| 2022 | 32.37% | 5.52% | 2.28x | 2.57x | TL5.64 Billion |
| 2023 | 32.26% | 4.70% | 3.20x | 2.14x | TL15.38 Billion |
| 2024 | 15.80% | 3.58% | 2.20x | 2.00x | TL6.82 Billion |
Industry Comparison
This section compares BIM Birlesik Magazalar AS's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $49,506,633,686,000
- Average return on equity (ROE) among peers: 3.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BIM Birlesik Magazalar AS (BIMAS) | TL153.52 Billion | 29.31% | 1.13x | $10.11 Billion |
| CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (CRFSA) | $961.37 Million | 0.00% | 0.58x | $424.41 Million |
| Migros Ticaret AS (MGROS) | $99.01 Trillion | 7.58% | 1.93x | $2.55 Billion |
About BIM Birlesik Magazalar AS
BIM Birlesik Magazalar A.S., together with its subsidiaries, operates retail stores in Turkey, Morocco, and Egypt. The company's stores sell meat, breakfast and dairy, legumes and bakery, and cosmetics and paper products, as well as beverages, snacks and sweets, fruits and vegetables, frozen foods, oils, and cleaning supplies. The company was incorporated in 1995 and is headquartered in Istanbul,… Read more