EFOR CAY SANAYI
Efor Cay Sanayi Ticaret Anonim Sirketi produces and sells tea products in Turkey. Its products include bulk tea, teapot bag, cup bag tea, form fruit and herbal tea, O.P.A Ceylon tea, and out-of-home consumption tea products. The company was founded in 2005 and is based in Istanbul, Turkey.
EFOR CAY SANAYI (EFORC) - Net Assets
Latest net assets as of September 2024: TL3.59 Billion TRY
Based on the latest financial reports, EFOR CAY SANAYI (EFORC) has net assets worth TL3.59 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 (TL6.97 Billion) and total liabilities (TL3.38 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 | TL3.59 Billion |
| % of Total Assets | 51.46% |
| Annual Growth Rate | 89.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 15.44 |
EFOR CAY SANAYI - Net Assets Trend (2021–2023)
This chart illustrates how EFOR CAY SANAYI's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EFOR CAY SANAYI (2021–2023)
The table below shows the annual net assets of EFOR CAY SANAYI from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL2.07 Billion | +75.02% |
| 2022-12-31 | TL1.18 Billion | +105.90% |
| 2021-12-31 | TL573.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EFOR CAY SANAYI'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 536.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL425.97 Million | 34.05% |
| Other Components | TL825.05 Million | 65.95% |
| Total Equity | TL1.25 Billion | 100.00% |
EFOR CAY SANAYI Competitors by Market Cap
The table below lists competitors of EFOR CAY SANAYI ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BLE KEDROS REIC EO 1
F:N67
|
$39.34K |
|
MEARS GROUP
BE:MM7
|
$39.38K |
|
Shinhan Alpha REIT Co Ltd
KO:293940
|
$39.40K |
|
SAINSBURY
MU:SUY1
|
$39.43K |
|
Scotiabank Peru S.A.A.
LIM:SCOTIAC1
|
$39.28K |
|
Sun Pacific Holding Corp
PINK:SNPW
|
$39.26K |
|
IDOX plc
LSE:IDOX
|
$39.25K |
|
Sathosa Motors PLC
CM:SMOTN0000
|
$39.24K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EFOR CAY SANAYI's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 454,235,080 to 1,251,024,672, a change of 796,789,592 (175.4%).
- Net income of 562,366,750 contributed positively to equity growth.
- Other factors increased equity by 234,422,842.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL562.37 Million | +44.95% |
| Other Changes | TL234.42 Million | +18.74% |
| Total Change | TL- | 175.41% |
Book Value vs Market Value Analysis
This analysis compares EFOR CAY SANAYI'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: 41.14x
- 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 287.34x to 41.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | TL0.49 | TL141.80 | x |
| 2022-12-31 | TL1.25 | TL141.80 | x |
| 2023-12-31 | TL3.45 | TL141.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EFOR CAY SANAYI 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): 44.95%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 58.30%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 3.52x
- Recent ROE (44.95%) is below the historical average (60.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 100.00% | 59.66% | 0.16x | 10.33x | TL161.23 Million |
| 2022 | 36.42% | 24.72% | 0.20x | 7.33x | TL120.00 Million |
| 2023 | 44.95% | 58.30% | 0.22x | 3.52x | TL437.26 Million |
Industry Comparison
This section compares EFOR CAY SANAYI's net assets metrics with peer companies in the Farm Products industry.
Industry Context
- Industry: Farm Products
- Average net assets among peers: $1,162,345,751
- Average return on equity (ROE) among peers: 23.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EFOR CAY SANAYI (EFORC) | TL3.59 Billion | 100.00% | 0.94x | $39.32K |
| CEM ZEYTIN (CEMZY) | $4.43 Billion | 2.69% | 0.33x | $55.95 Million |
| GRAINTURK Holding A.S. (GRTHO) | $41.80 Million | 17.62% | 2.71x | $274.17 Million |
| Ozsu Balik Uretim A.S. (OZSUB) | $71.58 Million | 11.74% | 5.23x | $13.54 Million |
| Yaprak Sut ve Besi Ciftlikleri Sanayi ve Ticaret AS (YAPRK) | $110.28 Million | 61.81% | 0.73x | $1.86 Million |