EKOS
Ekos Teknoloji ve Elektrik Anonim Sirketi operates as a technology and service provider company for electrical infrastructure in Turkey and internationally. It offers medium-voltage switchgears, compact transformer substations, control and automation panels, mobile transformer substations, NTP/PTP time servers, and EKOS mobility solutions, as well as transformer preventive maintenance sensors and… Read more
EKOS (EKOS) - Net Assets
Latest net assets as of June 2024: TL2.22 Billion TRY
Based on the latest financial reports, EKOS (EKOS) has net assets worth TL2.22 Billion TRY as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.32 Billion) and total liabilities (TL1.10 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 | TL2.22 Billion |
| % of Total Assets | 66.95% |
| Annual Growth Rate | 138.96% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 167.82 |
EKOS - Net Assets Trend (2020–2023)
This chart illustrates how EKOS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for EKOS (2020–2023)
The table below shows the annual net assets of EKOS from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.91 Billion | +136.13% |
| 2022-12-31 | TL808.55 Million | +413.68% |
| 2021-12-31 | TL157.40 Million | +12.30% |
| 2020-12-31 | TL140.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to EKOS'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 216.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL258.97 Million | 13.57% |
| Other Components | TL1.65 Billion | 86.43% |
| Total Equity | TL1.91 Billion | 100.00% |
EKOS Competitors by Market Cap
The table below lists competitors of EKOS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dexelance S.p.A.
F:QZ2
|
$21.39 Million |
|
BII Railway Transportation Technology Holdings Company Limited
F:CN6
|
$21.40 Million |
|
Tanaka Co.Ltd
F:TDJ
|
$21.40 Million |
|
ENEFIT GREEN AS
F:I6B
|
$21.41 Million |
|
Excelsior Mining Corp
OTCQB:EXMGF
|
$21.38 Million |
|
MOULINVEST EO 120
F:7W5
|
$21.38 Million |
|
WebCash Corporation
KQ:053580
|
$21.37 Million |
|
Tera Software Limited
NSE:TERASOFT
|
$21.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in EKOS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 808,302,408 to 1,908,897,938, a change of 1,100,595,530 (136.2%).
- Net income of 150,097,432 contributed positively to equity growth.
- New share issuances of 746,177,923 increased equity.
- Other factors increased equity by 204,320,175.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL150.10 Million | +7.86% |
| Share Issuances | TL746.18 Million | +39.09% |
| Other Changes | TL204.32 Million | +10.7% |
| Total Change | TL- | 136.16% |
Book Value vs Market Value Analysis
This analysis compares EKOS'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: 0.85x
- 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.
- The price-to-book ratio has decreased from 11.55x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL0.50 | TL5.78 | x |
| 2021-12-31 | TL0.56 | TL5.78 | x |
| 2022-12-31 | TL2.89 | TL5.78 | x |
| 2023-12-31 | TL6.82 | TL5.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently EKOS 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): 7.86%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.64%
- • Asset Turnover: 0.42x
- • Equity Multiplier: 1.48x
- Recent ROE (7.86%) is below the historical average (9.40%), 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 | 7.08% | 6.65% | 0.58x | 1.85x | TL-4.10 Million |
| 2021 | 13.06% | 8.75% | 0.54x | 2.77x | TL4.81 Million |
| 2022 | 9.61% | 8.21% | 0.55x | 2.13x | TL-3.13 Million |
| 2023 | 7.86% | 12.64% | 0.42x | 1.48x | TL-40.79 Million |
Industry Comparison
This section compares EKOS's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $391,712,139
- Average return on equity (ROE) among peers: 14.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EKOS (EKOS) | TL2.22 Billion | 7.08% | 0.49x | $21.38 Million |
| Alves Kablo San As (ALVES) | $651.06 Million | 31.24% | 1.69x | $24.66 Million |
| Astor Enerji AS (ASTOR) | $1.10 Billion | 47.12% | 1.90x | $550.72 Million |
| EMEK Elektrik Endustrisi AS (EMKEL) | $57.84 Million | 5.37% | 1.69x | $58.43 Million |
| Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. (EUPWR) | $104.85 Million | 47.42% | 1.27x | $547.62 Million |
| Gersan Elektrik Ticaret ve Sanayi AS (GEREL) | $132.47 Million | 5.28% | 2.55x | $175.60 Million |
| Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) | $510.76 Million | 7.71% | 0.67x | $76.38 Million |
| MEGA METAL (MEGMT) | $822.93 Million | 9.93% | 3.33x | $118.73 Million |
| Turk Prysmian Kablo ve Sistemleri AS (PRKAB) | $129.91 Million | 0.00% | 1.09x | $40.27 Million |
| SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) | $17.01 Million | -26.40% | 1.42x | $15.09 Million |