CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (CRFSA) - Net Assets
Based on the latest financial reports, CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (CRFSA) has net assets worth TL3.57 Billion TRY (≈ $80.03 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL32.06 Billion ≈ $718.16 Million USD) and total liabilities (TL28.49 Billion ≈ $638.13 Million 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. Read CarrefourSA Carrefour Sabanci Ticaret Me debt and liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL3.57 Billion |
| % of Total Assets | 11.14% |
| Annual Growth Rate | 10.97% |
| 5-Year Change | 25593.89% |
| 10-Year Change | 444.59% |
| Growth Volatility | 628.66 |
CarrefourSA Carrefour Sabanci Ticaret Merkezi AS - Net Assets Trend (2007–2024)
This chart illustrates how CarrefourSA Carrefour Sabanci Ticaret Merkezi AS's net assets have evolved over time, based on quarterly financial data. Also explore CarrefourSA Carrefour Sabanci Ticaret Me asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (2007–2024)
The table below shows the annual net assets of CarrefourSA Carrefour Sabanci Ticaret Merkezi AS from 2007 to 2024. For live valuation and market cap data, see market value of CarrefourSA Carrefour Sabanci Ticaret Me.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL4.39 Billion ≈ $98.28 Million |
-14.73% |
| 2023-12-31 | TL5.15 Billion ≈ $115.26 Million |
+759.75% |
| 2022-12-31 | TL-780.02 Million ≈ $-17.47 Million |
-97.53% |
| 2021-12-31 | TL-394.89 Million ≈ $-8.84 Million |
-2412.32% |
| 2020-12-31 | TL17.08 Million ≈ $382.50K |
+105.66% |
| 2019-12-31 | TL-301.94 Million ≈ $-6.76 Million |
-667.03% |
| 2018-12-31 | TL53.25 Million ≈ $1.19 Million |
-22.37% |
| 2017-12-31 | TL68.59 Million ≈ $1.54 Million |
-81.69% |
| 2016-12-31 | TL374.51 Million ≈ $8.39 Million |
-53.52% |
| 2015-12-31 | TL805.73 Million ≈ $18.05 Million |
-11.15% |
| 2014-12-31 | TL906.88 Million ≈ $20.31 Million |
+12.14% |
| 2013-12-31 | TL808.70 Million ≈ $18.11 Million |
-15.88% |
| 2012-12-31 | TL961.37 Million ≈ $21.53 Million |
-0.57% |
| 2011-12-31 | TL966.87 Million ≈ $21.66 Million |
-3.71% |
| 2010-12-31 | TL1.00 Billion ≈ $22.49 Million |
-1.73% |
| 2009-12-31 | TL1.02 Billion ≈ $22.89 Million |
-11.33% |
| 2008-12-31 | TL1.15 Billion ≈ $25.81 Million |
+54.15% |
| 2007-12-31 | TL747.62 Million ≈ $16.74 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CarrefourSA Carrefour Sabanci Ticaret Merkezi 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 decreased by 1607448600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL20.46 Billion | 466.33% |
| Total Equity | TL4.39 Billion | 100.00% |
CarrefourSA Carrefour Sabanci Ticaret Merkezi AS Competitors by Market Cap
The table below lists competitors of CarrefourSA Carrefour Sabanci Ticaret Merkezi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Suzhou Harmontronics Auto Tech Co Ltd
SHG:688022
|
$420.79 Million |
|
Lightbridge Corp
NASDAQ:LTBR
|
$420.83 Million |
|
DBV Technologies S.A.
PA:DBV
|
$420.88 Million |
|
Wonderful Hi-Tech Co Ltd
TWO:6190
|
$421.05 Million |
|
Attica Holdings S.A.
AT:ATTICA
|
$420.67 Million |
|
Benitec Biopharma Ltd ADR
NASDAQ:BNTC
|
$420.65 Million |
|
Flinders Resources Limited
V:FDR
|
$420.65 Million |
|
Bukwang Pharm
KO:003000
|
$420.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CarrefourSA Carrefour Sabanci Ticaret Merkezi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,146,189,000 to 4,387,952,000, a change of -758,237,000 (-14.7%).
- Net loss of 2,850,974,000 reduced equity.
- Other factors increased equity by 2,092,737,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-2.85 Billion | -64.97% |
| Other Changes | TL2.09 Billion | +47.69% |
| Total Change | TL- | -14.73% |
Book Value vs Market Value Analysis
This analysis compares CarrefourSA Carrefour Sabanci Ticaret Merkezi 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: 4.28x
- 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 1571.92x to 4.28x 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 | TL0.09 | TL147.00 | x |
| 2018-12-31 | TL0.07 | TL147.00 | x |
| 2019-12-31 | TL-0.41 | TL147.00 | x |
| 2020-12-31 | TL0.13 | TL147.00 | x |
| 2021-12-31 | TL-3.09 | TL147.00 | x |
| 2022-12-31 | TL-6.10 | TL147.00 | x |
| 2023-12-31 | TL40.28 | TL147.00 | x |
| 2024-12-31 | TL34.34 | TL147.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CarrefourSA Carrefour Sabanci Ticaret Merkezi 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): -64.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.34%
- • Asset Turnover: 2.40x
- • Equity Multiplier: 6.23x
- Recent ROE (-64.97%) is above the historical average (-217.09%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.08% | 3.21% | 1.70x | 2.02x | TL9.81 Million |
| 2015 | -3.93% | -0.81% | 1.30x | 3.76x | TL-112.26 Million |
| 2016 | -115.39% | -9.83% | 1.45x | 8.07x | TL-469.62 Million |
| 2017 | -445.84% | -6.85% | 1.38x | 47.31x | TL-312.67 Million |
| 2018 | -21.59% | -0.22% | 1.95x | 49.74x | TL-16.82 Million |
| 2019 | 0.00% | -5.39% | 1.72x | 0.00x | TL-312.89 Million |
| 2020 | -1781.10% | -3.85% | 1.72x | 268.54x | TL-305.88 Million |
| 2021 | 0.00% | -4.60% | 1.90x | 0.00x | TL-391.00 Million |
| 2022 | 0.00% | -0.97% | 2.50x | 0.00x | TL-108.83 Million |
| 2023 | 33.78% | 2.72% | 3.31x | 3.76x | TL1.22 Billion |
| 2024 | -64.97% | -4.34% | 2.40x | 6.23x | TL-3.29 Billion |
Industry Comparison
This section compares CarrefourSA Carrefour Sabanci Ticaret Merkezi AS's net assets metrics with peer companies in the Grocery Stores industry.
Industry Context
- Industry: Grocery Stores
- Average net assets among peers: $49,518,857,701,500
- Average return on equity (ROE) among peers: 19.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CarrefourSA Carrefour Sabanci Ticaret Merkezi AS (CRFSA) | TL3.57 Billion | 11.08% | 7.97x | $420.68 Million |
| BIM Birlesik Magazalar AS (BIMAS) | $25.41 Billion | 32.10% | 1.55x | $9.94 Billion |
| Migros Ticaret AS (MGROS) | $99.01 Trillion | 7.58% | 1.93x | $2.57 Billion |
About CarrefourSA Carrefour Sabanci Ticaret Merkezi AS
CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S. engages in the retail business in Turkey. The company has hypermarket, supermarket, and franchises. It also engages in the leasing of real estate properties. The company was incorporated in 1991 and is headquartered in Istanbul, Turkey. CarrefourSA Carrefour Sabanci Ticaret Merkezi A.S. operates as a subsidiary of Haci Ömer Sabanci Holding A.S.