Dap Gayrimenkul Gelistirme AS (DAPGM) - Net Assets
Based on the latest financial reports, Dap Gayrimenkul Gelistirme AS (DAPGM) has net assets worth TL16.20 Billion TRY (≈ $362.90 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL33.71 Billion ≈ $755.12 Million USD) and total liabilities (TL17.51 Billion ≈ $392.22 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. Also explore total assets of Dap Gayrimenkul Gelistirme AS for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL16.20 Billion |
| % of Total Assets | 48.06% |
| Annual Growth Rate | 159.29% |
| 5-Year Change | 1887.84% |
| 10-Year Change | N/A |
| Growth Volatility | 134.23 |
Dap Gayrimenkul Gelistirme AS - Net Assets Trend (2019–2025)
This chart illustrates how Dap Gayrimenkul Gelistirme AS's net assets have evolved over time, based on quarterly financial data. Check how tangible is Dap Gayrimenkul Gelistirme AS's equity to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Dap Gayrimenkul Gelistirme AS (2019–2025)
The table below shows the annual net assets of Dap Gayrimenkul Gelistirme AS from 2019 to 2025. For live valuation and market cap data, see DAPGM stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL14.68 Billion ≈ $328.74 Million |
+7.57% |
| 2024-12-31 | TL13.64 Billion ≈ $305.60 Million |
+42.07% |
| 2023-12-31 | TL9.60 Billion ≈ $215.10 Million |
+298.84% |
| 2022-12-31 | TL2.41 Billion ≈ $53.93 Million |
+226.11% |
| 2021-12-31 | TL738.37 Million ≈ $16.54 Million |
+213.23% |
| 2020-12-31 | TL235.73 Million ≈ $5.28 Million |
+388.68% |
| 2019-12-31 | TL48.24 Million ≈ $1.08 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Dap Gayrimenkul Gelistirme 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 3063.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.04 Billion | 7.11% |
| Other Components | TL13.63 Billion | 92.89% |
| Total Equity | TL14.68 Billion | 100.00% |
Dap Gayrimenkul Gelistirme AS Competitors by Market Cap
The table below lists competitors of Dap Gayrimenkul Gelistirme AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Telefonica Chile S.A.
SN:CTC
|
$572.22 Million |
|
Shenzhen Sunwin Intelligent
SHE:300044
|
$572.30 Million |
|
Zhejiang Yankon Group Co Ltd
SHG:600261
|
$572.41 Million |
|
Yuanta Sec Kor
KO:003470
|
$572.58 Million |
|
Consensus Cloud Solutions Inc
NASDAQ:CCSI
|
$572.07 Million |
|
Oxford Industries Inc
NYSE:OXM
|
$572.04 Million |
|
Lanzhou Foci Pharmaceutical Co Ltd
SHE:002644
|
$571.65 Million |
|
Shanghai Weihong Electronic Technology Co Ltd
SHE:300508
|
$571.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dap Gayrimenkul Gelistirme AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,644,448,459 to 14,677,678,249, a change of 1,033,229,790 (7.6%).
- Net income of 1,043,609,929 contributed positively to equity growth.
- Share repurchases of 10,364,300 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.04 Billion | +7.11% |
| Share Repurchases | TL10.36 Million | -0.07% |
| Other Changes | TL-15.84K | -0.0% |
| Total Change | TL- | 7.57% |
Book Value vs Market Value Analysis
This analysis compares Dap Gayrimenkul Gelistirme 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: 1.74x
- 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 39.97x to 1.74x 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 | TL0.24 | TL9.64 | x |
| 2020-12-31 | TL0.10 | TL9.64 | x |
| 2021-12-31 | TL3.69 | TL9.64 | x |
| 2022-12-31 | TL12.04 | TL9.64 | x |
| 2023-12-31 | TL3.89 | TL9.64 | x |
| 2024-12-31 | TL5.15 | TL9.64 | x |
| 2025-12-31 | TL5.54 | TL9.64 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dap Gayrimenkul Gelistirme 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): 7.11%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 13.03%
- • Asset Turnover: 0.25x
- • Equity Multiplier: 2.14x
- Recent ROE (7.11%) is below the historical average (38.65%), 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 | 40.09% | 29.84% | 0.18x | 7.52x | TL14.51 Million |
| 2020 | 79.53% | 32.14% | 0.54x | 4.59x | TL163.80 Million |
| 2021 | 42.32% | 34.23% | 0.35x | 3.57x | TL238.50 Million |
| 2022 | 69.36% | 38.47% | 0.60x | 3.02x | TL1.43 Billion |
| 2023 | 24.17% | 22.55% | 0.47x | 2.30x | TL1.36 Billion |
| 2024 | 7.94% | 12.20% | 0.30x | 2.20x | TL-280.64 Million |
| 2025 | 7.11% | 13.03% | 0.25x | 2.14x | TL-424.16 Million |
Industry Comparison
This section compares Dap Gayrimenkul Gelistirme AS's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $18,777,760,886
- Average return on equity (ROE) among peers: 20.69%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dap Gayrimenkul Gelistirme AS (DAPGM) | TL16.20 Billion | 40.09% | 1.08x | $572.16 Million |
| RONESANS GAYRIMENKUL YAT. (RGYAS) | $37.41 Billion | 38.94% | 1.04x | $1.51 Billion |
| Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS (TURGG) | $143.58 Million | 2.44% | 0.27x | $80.44 Million |
About Dap Gayrimenkul Gelistirme AS
DAP Gayrimenkul Gelistirme A.S. engages in the real estate business in Turkey. It is involved in the construction and development of residences, office, commercial, business centers, holiday villages, hotels, schools, and private hospital projects. The company was incorporated in 1981 and is headquartered in Istanbul, Turkey.