Borusan Yatirim ve Pazarlama AS
Borusan Yatirim ve Pazarlama A.S., together with its subsidiaries, invests in companies in the industrial, commercial and service sectors. The company operates in the manufacturing, machinery and power systems, automotive, logistics, and energy sectors. Borusan Yatirim ve Pazarlama A.S. was founded in 1977 and is headquartered in Istanbul, Turkey.
Borusan Yatirim ve Pazarlama AS (BRYAT) - Net Assets
Latest net assets as of September 2025: TL29.62 Billion TRY
Based on the latest financial reports, Borusan Yatirim ve Pazarlama AS (BRYAT) has net assets worth TL29.62 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 (TL31.21 Billion) and total liabilities (TL1.59 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 | TL29.62 Billion |
| % of Total Assets | 94.89% |
| Annual Growth Rate | 32.24% |
| 5-Year Change | 723.8% |
| 10-Year Change | 4052.79% |
| Growth Volatility | 36290205.0 |
Borusan Yatirim ve Pazarlama AS - Net Assets Trend (2001–2024)
This chart illustrates how Borusan Yatirim ve Pazarlama 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 Borusan Yatirim ve Pazarlama AS (2001–2024)
The table below shows the annual net assets of Borusan Yatirim ve Pazarlama AS from 2001 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL26.01 Billion | +3.33% |
| 2023-12-31 | TL25.17 Billion | +137.46% |
| 2022-12-31 | TL10.60 Billion | +86.48% |
| 2021-12-31 | TL5.68 Billion | +80.05% |
| 2020-12-31 | TL3.16 Billion | +40.98% |
| 2019-12-31 | TL2.24 Billion | +14.34% |
| 2018-12-31 | TL1.96 Billion | +110.44% |
| 2017-12-31 | TL930.59 Million | +20.12% |
| 2016-12-31 | TL774.73 Million | +23.72% |
| 2015-12-31 | TL626.21 Million | +15.74% |
| 2014-12-31 | TL541.05 Million | +22.52% |
| 2013-12-31 | TL441.62 Million | +20.30% |
| 2012-12-31 | TL367.10 Million | +6.24% |
| 2011-12-31 | TL345.55 Million | +31.47% |
| 2010-12-31 | TL262.83 Million | +13.14% |
| 2009-12-31 | TL232.30 Million | +89.89% |
| 2008-12-31 | TL122.34 Million | +32.36% |
| 2007-12-31 | TL92.43 Million | -3.32% |
| 2006-12-31 | TL95.60 Million | +13.24% |
| 2005-12-31 | TL84.43 Million | +2.62% |
| 2004-12-31 | TL82.27 Million | -100.00% |
| 2003-12-31 | TL75.35 Trillion | +177953277.26% |
| 2002-12-31 | TL42.34 Million | +0.74% |
| 2001-12-31 | TL42.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Borusan Yatirim ve Pazarlama 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 17514.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.01 Billion | 15.41% |
| Other Components | TL22.00 Billion | 84.59% |
| Total Equity | TL26.01 Billion | 100.00% |
Borusan Yatirim ve Pazarlama AS Competitors by Market Cap
The table below lists competitors of Borusan Yatirim ve Pazarlama AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MoonLake Immunotherapeutics
NASDAQ:MLTX
|
$594.94 Million |
|
Shenzhen SEG Co Ltd
SHE:000058
|
$595.06 Million |
|
Vanchip (Tianjin) Technology Co. Ltd. A
SHG:688153
|
$595.20 Million |
|
Hubei Century Network Technology Co Ltd
SHE:300494
|
$595.54 Million |
|
Bank Islam Malaysia Bhd
KLSE:5258
|
$594.30 Million |
|
Kuros Biosciences AG
PINK:CSBTF
|
$594.01 Million |
|
Elopak AS
OL:ELO
|
$593.96 Million |
|
AS LHV GROUP EO -10
F:ASU0
|
$593.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Borusan Yatirim ve Pazarlama AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 25,168,216,193 to 26,005,128,752, a change of 836,912,559 (3.3%).
- Net income of 2,033,239,024 contributed positively to equity growth.
- Dividend payments of 1,242,355,024 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL2.03 Billion | +7.82% |
| Dividends Paid | TL1.24 Billion | -4.78% |
| Other Changes | TL46.03 Million | +0.18% |
| Total Change | TL- | 3.33% |
Book Value vs Market Value Analysis
This analysis compares Borusan Yatirim ve Pazarlama 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: 2.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 67.41x to 2.38x 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 | TL33.39 | TL2251.00 | x |
| 2018-12-31 | TL71.11 | TL2251.00 | x |
| 2019-12-31 | TL81.31 | TL2251.00 | x |
| 2020-12-31 | TL114.64 | TL2251.00 | x |
| 2021-12-31 | TL206.40 | TL2251.00 | x |
| 2022-12-31 | TL384.90 | TL2251.00 | x |
| 2023-12-31 | TL913.97 | TL2251.00 | x |
| 2024-12-31 | TL944.37 | TL2251.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Borusan Yatirim ve Pazarlama 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): 7.82%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2559.12%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (7.82%) is above the historical average (6.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.81% | 0.00% | 0.00x | 1.00x | TL-158.90K |
| 2006 | 7.52% | 0.00% | 0.00x | 1.00x | TL-2.37 Million |
| 2008 | 5.16% | 0.00% | 0.00x | 1.00x | TL-5.92 Million |
| 2010 | 5.96% | 0.00% | 0.00x | 1.02x | TL-10.61 Million |
| 2011 | 6.66% | 0.00% | 0.00x | 1.03x | TL-11.55 Million |
| 2012 | 9.29% | 0.00% | 0.00x | 1.02x | TL-2.62 Million |
| 2013 | 7.18% | 0.00% | 0.00x | 1.02x | TL-12.47 Million |
| 2014 | 8.10% | 0.00% | 0.00x | 1.03x | TL-10.30 Million |
| 2015 | 5.51% | 193.02% | 0.03x | 1.02x | TL-28.13 Million |
| 2016 | 4.03% | 124.56% | 0.03x | 1.03x | TL-46.24 Million |
| 2017 | 6.39% | 126.12% | 0.05x | 1.02x | TL-33.62 Million |
| 2018 | 1.25% | 30.94% | 0.04x | 1.04x | TL-171.43 Million |
| 2019 | 3.02% | 137.83% | 0.02x | 1.05x | TL-156.33 Million |
| 2020 | 4.83% | 441.65% | 0.01x | 1.05x | TL-163.10 Million |
| 2021 | 4.83% | 574.77% | 0.01x | 1.04x | TL-293.73 Million |
| 2022 | 11.60% | 465.27% | 0.02x | 1.04x | TL169.65 Million |
| 2023 | 9.02% | 1367.45% | 0.01x | 1.04x | TL-247.61 Million |
| 2024 | 7.82% | 2559.12% | 0.00x | 1.08x | TL-567.27 Million |
Industry Comparison
This section compares Borusan Yatirim ve Pazarlama AS's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $1,442,230,643
- Average return on equity (ROE) among peers: 10.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Borusan Yatirim ve Pazarlama AS (BRYAT) | TL29.62 Billion | 9.81% | 0.05x | $594.49 Million |
| Ayes Celik Hasir ve Cit Sanayi AS (AYES) | $32.59 Million | 8.66% | 0.58x | $74.02 Million |
| BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH) | $60.73 Million | 16.40% | 0.90x | $32.55 Million |
| Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) | $189.99 Million | 26.85% | 2.18x | $122.56 Million |
| Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) | $2.89 Billion | 2.29% | 1.40x | $341.36 Million |
| Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) | $157.26 Million | 5.41% | 0.14x | $62.64 Million |
| Dofer Yapi Malzemeleri Sanayi ve Ticaret A.S. (DOFER) | $979.13 Million | -8.12% | 0.48x | $16.81 Million |
| Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) | $213.48 Million | 39.45% | 8.58x | $203.74 Million |
| Erciyas Celik Boru Sanayi A.S. (ERCB) | $3.55 Billion | 0.80% | 2.59x | $1.66 Million |
| Eregli Demir ve Celik Fabrikalari TAS (EREGL) | $4.91 Billion | 3.94% | 0.47x | $2.86 Billion |