Escar Turizm Tasimacilik Ticaret AS
Escar Filo Kiralama Hizmetleri A.S. provides motor vehicle rental services in Turkey. It offers various services, including vehicle delivery, financing support, roadside assistance, tire management, backup vehicle, door-to-door, online fleet reporting, and related consulting services, as well as insurance brokerage services. The company was incorporated in 2001 and is based in Istanbul, Turkey.
Escar Turizm Tasimacilik Ticaret AS (ESCAR) - Net Assets
Latest net assets as of June 2025: TL6.66 Billion TRY
Based on the latest financial reports, Escar Turizm Tasimacilik Ticaret AS (ESCAR) has net assets worth TL6.66 Billion TRY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL10.28 Billion) and total liabilities (TL3.63 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 | TL6.66 Billion |
| % of Total Assets | 64.75% |
| Annual Growth Rate | 106.52% |
| 5-Year Change | 3217.92% |
| 10-Year Change | N/A |
| Growth Volatility | 147.52 |
Escar Turizm Tasimacilik Ticaret AS - Net Assets Trend (2018–2024)
This chart illustrates how Escar Turizm Tasimacilik Ticaret AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Escar Turizm Tasimacilik Ticaret AS (2018–2024)
The table below shows the annual net assets of Escar Turizm Tasimacilik Ticaret AS from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL6.07 Billion | +2.82% |
| 2023-12-31 | TL5.90 Billion | +444.71% |
| 2022-12-31 | TL1.08 Billion | +106.04% |
| 2021-12-31 | TL525.64 Million | +187.51% |
| 2020-12-31 | TL182.82 Million | +74.89% |
| 2019-12-31 | TL104.53 Million | +33.83% |
| 2018-12-31 | TL78.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Escar Turizm Tasimacilik Ticaret 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 7843.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL5.10 Billion | 84.00% |
| Other Components | TL970.40 Million | 16.00% |
| Total Equity | TL6.07 Billion | 100.00% |
Escar Turizm Tasimacilik Ticaret AS Competitors by Market Cap
The table below lists competitors of Escar Turizm Tasimacilik Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FibroGen Inc
NASDAQ:FGEN
|
$33.04 Million |
|
Vow ASA
PINK:SSHPF
|
$33.04 Million |
|
ATM Grupa S.A.
WAR:ATG
|
$33.05 Million |
|
Lam Soon (Thailand) Public Company Limited
BK:LST
|
$33.07 Million |
|
Nobility Homes
OTCQX:NOBH
|
$33.03 Million |
|
Sypris Solutions Inc
NASDAQ:SYPR
|
$33.03 Million |
|
GiantStep Co. Ltd.
KQ:289220
|
$33.02 Million |
|
Transart Graphics Co Ltd
TW:8481
|
$33.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Escar Turizm Tasimacilik Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,899,533,434 to 6,065,955,412, a change of 166,421,978 (2.8%).
- Net income of 338,198,646 contributed positively to equity growth.
- Dividend payments of 124,890,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL338.20 Million | +5.58% |
| Dividends Paid | TL124.89 Million | -2.06% |
| Other Changes | TL-46.89 Million | -0.77% |
| Total Change | TL- | 2.82% |
Book Value vs Market Value Analysis
This analysis compares Escar Turizm Tasimacilik Ticaret 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: 2.54x
- 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 21.45x to 2.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL1.44 | TL30.86 | x |
| 2019-12-31 | TL1.93 | TL30.86 | x |
| 2020-12-31 | TL3.37 | TL30.86 | x |
| 2021-12-31 | TL9.68 | TL30.86 | x |
| 2022-12-31 | TL19.95 | TL30.86 | x |
| 2023-12-31 | TL11.80 | TL30.86 | x |
| 2024-12-31 | TL12.13 | TL30.86 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Escar Turizm Tasimacilik Ticaret 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): 5.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.64%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 1.63x
- Recent ROE (5.58%) is below the historical average (28.03%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -0.21% | -0.03% | 0.92x | 7.30x | TL-7.98 Million |
| 2019 | 25.33% | 8.79% | 0.53x | 5.40x | TL16.02 Million |
| 2020 | 42.82% | 24.69% | 0.47x | 3.65x | TL60.01 Million |
| 2021 | 49.50% | 57.59% | 0.39x | 2.19x | TL207.62 Million |
| 2022 | 41.89% | 62.47% | 0.28x | 2.42x | TL345.34 Million |
| 2023 | 31.30% | 61.76% | 0.29x | 1.74x | TL1.26 Billion |
| 2024 | 5.58% | 11.64% | 0.29x | 1.63x | TL-268.40 Million |
Industry Comparison
This section compares Escar Turizm Tasimacilik Ticaret AS's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $203,888,508
- Average return on equity (ROE) among peers: 17.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Escar Turizm Tasimacilik Ticaret AS (ESCAR) | TL6.66 Billion | -0.21% | 0.54x | $33.04 Million |
| Beyaz Filo Oto Kiralama AS (BEYAZ) | $8.36 Million | 0.65% | 24.62x | $19.92 Million |
| Borlease Otomotiv A.S. (BORLS) | $-19.99 Million | 0.00% | 0.00x | $19.46 Million |
| LDR Turizm AS (LIDER) | $288.87 Million | 48.56% | 2.44x | $297.89 Million |
| Platform Turizm Tasimacilik AS (PLTUR) | $538.31 Million | 21.30% | 1.63x | $36.60 Million |