Borlease Otomotiv A.S.
Borlease Otomotiv A.S. offers car rental services in Turkey. It provides fleet leasing and management, mobility, implant and fuel management, and vehicle and driver support services. The company was incorporated in 2013 and is headquartered in Istanbul, Turkey.
Borlease Otomotiv A.S. (BORLS) - Net Assets
Latest net assets as of September 2024: TL3.08 Billion TRY
Based on the latest financial reports, Borlease Otomotiv A.S. (BORLS) has net assets worth TL3.08 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 (TL9.16 Billion) and total liabilities (TL6.08 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 | TL3.08 Billion |
| % of Total Assets | 33.62% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
Borlease Otomotiv A.S. - Net Assets Trend (2020–2023)
This chart illustrates how Borlease Otomotiv A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Borlease Otomotiv A.S. (2020–2023)
The table below shows the annual net assets of Borlease Otomotiv A.S. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL2.77 Billion | +74.47% |
| 2022-12-31 | TL1.59 Billion | +8032.94% |
| 2021-12-31 | TL-19.99 Million | +38.29% |
| 2020-12-31 | TL-32.39 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Borlease Otomotiv A.S.'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 156358848300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.49 Billion | 54.01% |
| Other Components | TL1.27 Billion | 45.99% |
| Total Equity | TL2.77 Billion | 100.00% |
Borlease Otomotiv A.S. Competitors by Market Cap
The table below lists competitors of Borlease Otomotiv A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Consolidated Finvest & Holdings Limited
NSE:CONSOFINVT
|
$19.46 Million |
|
Pintec Technology Holdings Ltd
NASDAQ:PT
|
$19.46 Million |
|
Redbubble Limited
PINK:RDBBF
|
$19.46 Million |
|
Grand Ocean Retail Group Ltd
TW:5907
|
$19.46 Million |
|
Hun Yenilenebilir Enerji Uretim AS
IS:HUNER
|
$19.46 Million |
|
Latvian Forest Company AB (publ)
F:2FD
|
$19.45 Million |
|
Garden Stage Limited Ordinary Shares
NASDAQ:GSIW
|
$19.45 Million |
|
EyeGene Inc
KQ:185490
|
$19.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Borlease Otomotiv A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,585,778,404 to 2,766,682,407, a change of 1,180,904,003 (74.5%).
- Net income of 508,608,719 contributed positively to equity growth.
- Dividend payments of 84,363,818 reduced retained earnings.
- New share issuances of 758,139,230 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL508.61 Million | +18.38% |
| Dividends Paid | TL84.36 Million | -3.05% |
| Share Issuances | TL758.14 Million | +27.4% |
| Other Changes | TL-1.48 Million | -0.05% |
| Total Change | TL- | 74.47% |
Book Value vs Market Value Analysis
This analysis compares Borlease Otomotiv A.S.'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: 0.18x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL-0.23 | TL2.92 | x |
| 2021-12-31 | TL0.04 | TL2.92 | x |
| 2022-12-31 | TL9.40 | TL2.92 | x |
| 2023-12-31 | TL16.40 | TL2.92 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Borlease Otomotiv A.S. 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): 18.38%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 15.99%
- • Asset Turnover: 0.51x
- • Equity Multiplier: 2.27x
- Recent ROE (18.38%) is below the historical average (180.59%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | 0.87% | 0.49x | 0.00x | TL9.78 Million |
| 2021 | 646.48% | 3.56% | 0.74x | 246.92x | TL45.26 Million |
| 2022 | 57.50% | 27.04% | 0.68x | 3.11x | TL753.21 Million |
| 2023 | 18.38% | 15.99% | 0.51x | 2.27x | TL231.94 Million |
Industry Comparison
This section compares Borlease Otomotiv A.S.'s net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $235,019,610
- Average return on equity (ROE) among peers: 23.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Borlease Otomotiv A.S. (BORLS) | TL3.08 Billion | 0.00% | 1.97x | $19.46 Million |
| Beyaz Filo Oto Kiralama AS (BEYAZ) | $8.36 Million | 0.65% | 24.62x | $19.92 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 |