Bms Birlesik Metal Sanayi ve Ticaret AS

IS:BMSTL Turkey Steel
Market Cap
$361.86 Million
TL12.83 Billion TRY
Market Cap Rank
#17483 Global
#138 in Turkey
Share Price
TL85.55
Change (1 day)
-2.78%
52-Week Range
TL41.80 - TL126.40
All Time High
TL126.40
About

Bms Birlesik Metal Sanayi ve Ticaret A.S. manufactures and sells galvanized steel wires in Turkey and internationally. The company offers hot-dip galvanized, Zn-AI coated steel, stranded, and black annealed wires. It serves the automotive, energy, agriculture, construction, environmental protection and security system, construction, and industrial application sectors. The company also exports its… Read more

Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) - Net Assets

Latest net assets as of September 2025: TL1.32 Billion TRY

Based on the latest financial reports, Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) has net assets worth TL1.32 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 (TL2.42 Billion) and total liabilities (TL1.10 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 TL1.32 Billion
% of Total Assets 54.5%
Annual Growth Rate 104.94%
5-Year Change 2612.02%
10-Year Change N/A
Growth Volatility 128.47

Bms Birlesik Metal Sanayi ve Ticaret AS - Net Assets Trend (2019–2024)

This chart illustrates how Bms Birlesik Metal Sanayi ve Ticaret 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 Bms Birlesik Metal Sanayi ve Ticaret AS (2019–2024)

The table below shows the annual net assets of Bms Birlesik Metal Sanayi ve Ticaret AS from 2019 to 2024.

Year Net Assets Change
2024-12-31 TL1.14 Billion +21.28%
2023-12-31 TL942.75 Million +56.74%
2022-12-31 TL601.49 Million +216.59%
2021-12-31 TL189.99 Million +350.66%
2020-12-31 TL42.16 Million +33.49%
2019-12-31 TL31.58 Million --

Equity Component Analysis

This analysis shows how different components contribute to Bms Birlesik Metal Sanayi ve Ticaret 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 3151.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL59.61 Million 5.21%
Other Components TL1.08 Billion 94.79%
Total Equity TL1.14 Billion 100.00%

Bms Birlesik Metal Sanayi ve Ticaret AS Competitors by Market Cap

The table below lists competitors of Bms Birlesik Metal Sanayi ve Ticaret AS ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Bms Birlesik Metal Sanayi ve Ticaret AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 942,754,588 to 1,143,332,026, a change of 200,577,438 (21.3%).
  • Net loss of 11,145,016 reduced equity.
  • Other factors increased equity by 211,722,454.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL-11.15 Million -0.97%
Other Changes TL211.72 Million +18.52%
Total Change TL- 21.28%

Book Value vs Market Value Analysis

This analysis compares Bms Birlesik Metal Sanayi ve Ticaret 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: 11.22x
  • 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 81.27x to 11.22x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2019-12-31 TL1.05 TL85.55 x
2020-12-31 TL0.70 TL85.55 x
2021-12-31 TL6.33 TL85.55 x
2022-12-31 TL16.47 TL85.55 x
2023-12-31 TL12.91 TL85.55 x
2024-12-31 TL7.62 TL85.55 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Bms Birlesik Metal Sanayi ve Ticaret 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): -0.97%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -0.62%
  • • Asset Turnover: 0.86x
  • • Equity Multiplier: 1.82x
  • Recent ROE (-0.97%) is below the historical average (2.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2019 -37.34% -4.66% 0.96x 8.33x TL-14.95 Million
2020 6.97% 1.05% 0.92x 7.24x TL-1.28 Million
2021 26.85% 9.19% 0.92x 3.18x TL32.01 Million
2022 20.50% 11.08% 1.06x 1.74x TL63.13 Million
2023 1.79% 1.22% 0.84x 1.74x TL-77.38 Million
2024 -0.97% -0.62% 0.86x 1.82x TL-125.48 Million

Industry Comparison

This section compares Bms Birlesik Metal Sanayi ve Ticaret AS's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $521,637,223,764,637
  • Average return on equity (ROE) among peers: 9.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) TL1.32 Billion -37.34% 0.83x $119.15 Million
Ayes Celik Hasir ve Cit Sanayi AS (AYES) $87.60 Million 40.97% 2.69x $74.02 Million
BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH) $962.85 Million -20.46% 0.69x $31.71 Million
Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) $1.83 Billion 13.31% 1.28x $330.14 Million
Borusan Yatirim ve Pazarlama AS (BRYAT) $626.21 Million 5.51% 0.02x $591.59 Million
Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) $153.81 Million 15.44% 0.21x $61.87 Million
Dofer Yapi Malzemeleri Sanayi ve Ticaret A.S. (DOFER) $470.20 Million 7.48% 1.49x $16.81 Million
Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) $5.77 Billion -7.99% 1.62x $203.74 Million
Erciyas Celik Boru Sanayi A.S. (ERCB) $1.85 Billion 9.98% 1.78x $1.61 Million
Eregli Demir ve Celik Fabrikalari TAS (EREGL) $4694.72 Trillion 17.54% 0.36x $2.82 Billion