EKOS (EKOS) - Net Assets
Based on the latest financial reports, EKOS (EKOS) has net assets worth TL2.22 Billion TRY (≈ $49.78 Million USD) 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 ≈ $74.35 Million USD) and total liabilities (TL1.10 Billion ≈ $24.57 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. Check EKOS financial resilience to evaluate the company's liquid asset resilience ratio.
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. Also explore how large is EKOS's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for EKOS (2020–2023)
The table below shows the annual net assets of EKOS from 2020 to 2023. For live valuation and market cap data, see EKOS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.91 Billion ≈ $42.76 Million |
+136.13% |
| 2022-12-31 | TL808.55 Million ≈ $18.11 Million |
+413.68% |
| 2021-12-31 | TL157.40 Million ≈ $3.53 Million |
+12.30% |
| 2020-12-31 | TL140.16 Million ≈ $3.14 Million |
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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 |
|---|---|
|
GENOR BIOPHARMA DL-00002
F:67N0
|
$180.12 Million |
|
Curiositystream Inc.
NASDAQ:CURI
|
$180.14 Million |
|
Steel Pipe Industry Of Indonesia
JK:ISSP
|
$180.15 Million |
|
Bougainville Copper Ltd
AU:BOC
|
$180.20 Million |
|
EBR Systems Inc
AU:EBR
|
$180.07 Million |
|
NOVAREX Co.Ltd
KQ:194700
|
$180.07 Million |
|
GD Express Carrier Bhd
KLSE:0078
|
$179.91 Million |
|
China Glaze Co Ltd
TW:1809
|
$179.72 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: 1.05x
- 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 14.35x to 1.05x 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 | TL7.18 | x |
| 2021-12-31 | TL0.56 | TL7.18 | x |
| 2022-12-31 | TL2.89 | TL7.18 | x |
| 2023-12-31 | TL6.82 | TL7.18 | 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: $3,936,419,613,332
- Average return on equity (ROE) among peers: 3.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| EKOS (EKOS) | TL2.22 Billion | 7.08% | 0.49x | $180.11 Million |
| Astor Enerji AS (ASTOR) | $20.82 Billion | 31.58% | 0.47x | $7.10 Billion |
| EMEK Elektrik Endustrisi AS (EMKEL) | $19.93 Million | 0.00% | 1.53x | $84.12 Million |
| Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. (EUPWR) | $1.53 Billion | 33.64% | 1.13x | $762.62 Million |
| Gersan Elektrik Ticaret ve Sanayi AS (GEREL) | $100.17 Million | 4.71% | 0.88x | $318.68 Million |
| Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) | $37.41 Million | 4.16% | 1.84x | $85.27 Million |
| Turk Prysmian Kablo ve Sistemleri AS (PRKAB) | $31.47 Trillion | 0.00% | 1.90x | $187.67 Million |
| SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) | $17.01 Million | -26.40% | 1.42x | $15.01 Million |
| Ulusoy Elektrik Imalat (ULUSE) | $316.84 Million | -23.48% | 3.06x | $444.54 Million |
About 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