Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS (FMIZP) - Net Assets
Based on the latest financial reports, Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS (FMIZP) has net assets worth TL582.64 Million TRY (≈ $13.05 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL668.87 Million ≈ $14.98 Million USD) and total liabilities (TL86.23 Million ≈ $1.93 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 Federal Mogul Izmit Piston ve Pim Uretim liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL582.64 Million |
| % of Total Assets | 87.11% |
| Annual Growth Rate | 18.38% |
| 5-Year Change | 665.76% |
| 10-Year Change | 980.09% |
| Growth Volatility | 38.17 |
Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS - Net Assets Trend (2005–2024)
This chart illustrates how Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS's net assets have evolved over time, based on quarterly financial data. Also explore FMIZP current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS (2005–2024)
The table below shows the annual net assets of Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS from 2005 to 2024. For live valuation and market cap data, see Federal Mogul Izmit Piston ve Pim Uretim (FMIZP) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL438.74 Million ≈ $9.83 Million |
+82.13% |
| 2023-12-31 | TL240.89 Million ≈ $5.40 Million |
+141.05% |
| 2022-12-31 | TL99.93 Million ≈ $2.24 Million |
+7.24% |
| 2021-12-31 | TL93.19 Million ≈ $2.09 Million |
+62.64% |
| 2020-12-31 | TL57.29 Million ≈ $1.28 Million |
-3.93% |
| 2019-12-31 | TL59.64 Million ≈ $1.34 Million |
+6.88% |
| 2018-12-31 | TL55.80 Million ≈ $1.25 Million |
+28.33% |
| 2017-12-31 | TL43.48 Million ≈ $973.92K |
+9.00% |
| 2016-12-31 | TL39.89 Million ≈ $893.53K |
-1.79% |
| 2015-12-31 | TL40.62 Million ≈ $909.79K |
+23.26% |
| 2014-12-31 | TL32.95 Million ≈ $738.08K |
+11.47% |
| 2013-12-31 | TL29.56 Million ≈ $662.16K |
+14.73% |
| 2012-12-31 | TL25.77 Million ≈ $577.14K |
-10.08% |
| 2011-12-31 | TL28.66 Million ≈ $641.84K |
+17.63% |
| 2010-12-31 | TL24.36 Million ≈ $545.67K |
+20.93% |
| 2009-12-31 | TL20.15 Million ≈ $451.24K |
-36.26% |
| 2008-12-31 | TL31.61 Million ≈ $707.98K |
+41.28% |
| 2006-12-31 | TL22.37 Million ≈ $501.12K |
+25.92% |
| 2005-12-31 | TL17.77 Million ≈ $397.98K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Federal Mogul Izmit Piston ve Pim Uretim Tesisleri 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 218.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL11.11 Million | 2.53% |
| Other Components | TL427.63 Million | 97.47% |
| Total Equity | TL438.74 Million | 100.00% |
Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS Competitors by Market Cap
The table below lists competitors of Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Paseco Co. Ltd
KQ:037070
|
$93.39 Million |
|
Moorim P&P Co Ltd
KO:009580
|
$93.40 Million |
|
Bathurst Resources Ltd
AU:BRL
|
$93.42 Million |
|
Cemacon Zalau
RO:CEON
|
$93.42 Million |
|
Nanjing Panda Electronics Company Limited
F:NNJ
|
$93.36 Million |
|
Arla Plast AB
ST:ARPL
|
$93.36 Million |
|
TAT HONG EQ.SRV. DL-08
F:1Q2
|
$93.35 Million |
|
Piscines Desjoyaux SA
PA:ALPDX
|
$93.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 240,892,995 to 438,739,499, a change of 197,846,504 (82.1%).
- Net income of 108,999,740 contributed positively to equity growth.
- Other factors increased equity by 88,846,764.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL109.00 Million | +24.84% |
| Other Changes | TL88.85 Million | +20.25% |
| Total Change | TL- | 82.13% |
Book Value vs Market Value Analysis
This analysis compares Federal Mogul Izmit Piston ve Pim Uretim Tesisleri 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: 9.50x
- 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 95.87x to 9.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL3.05 | TL292.00 | x |
| 2018-12-31 | TL3.91 | TL292.00 | x |
| 2019-12-31 | TL4.18 | TL292.00 | x |
| 2020-12-31 | TL4.01 | TL292.00 | x |
| 2021-12-31 | TL6.53 | TL292.00 | x |
| 2022-12-31 | TL7.00 | TL292.00 | x |
| 2023-12-31 | TL16.87 | TL292.00 | x |
| 2024-12-31 | TL30.73 | TL292.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Federal Mogul Izmit Piston ve Pim Uretim Tesisleri 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): 24.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.13%
- • Asset Turnover: 1.29x
- • Equity Multiplier: 1.19x
- Recent ROE (24.84%) is below the historical average (41.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 33.14% | 25.78% | 1.22x | 1.06x | TL6.63 Million |
| 2012 | 20.72% | 14.62% | 1.30x | 1.09x | TL2.76 Million |
| 2013 | 25.75% | 20.42% | 1.17x | 1.08x | TL4.66 Million |
| 2014 | 27.48% | 18.66% | 1.28x | 1.15x | TL5.76 Million |
| 2015 | 38.12% | 27.02% | 1.28x | 1.11x | TL11.42 Million |
| 2016 | 41.88% | 27.45% | 1.30x | 1.17x | TL12.72 Million |
| 2017 | 46.77% | 28.65% | 1.41x | 1.16x | TL15.99 Million |
| 2018 | 55.56% | 33.63% | 1.51x | 1.09x | TL25.42 Million |
| 2019 | 52.88% | 27.47% | 1.65x | 1.17x | TL25.58 Million |
| 2020 | 53.29% | 35.01% | 1.22x | 1.24x | TL24.80 Million |
| 2021 | 71.56% | 35.50% | 1.65x | 1.22x | TL57.37 Million |
| 2022 | 76.91% | 24.92% | 2.32x | 1.33x | TL66.86 Million |
| 2023 | 9.85% | 6.10% | 1.23x | 1.31x | TL-361.72K |
| 2024 | 24.84% | 16.13% | 1.29x | 1.19x | TL65.13 Million |
Industry Comparison
This section compares Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $259,241,386,624,203
- Average return on equity (ROE) among peers: 11.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS (FMIZP) | TL582.64 Million | 33.14% | 0.15x | $93.37 Million |
| AG Anadolu Group Holding (AGHOL) | $179.58 Billion | 15.79% | 1.18x | $1.83 Billion |
| AGROT (AGROT) | $471.59 Million | 3.65% | 0.45x | $78.21 Million |
| Alarko Holding AS (ALARK) | $752.32 Million | 5.00% | 0.72x | $934.79 Million |
| Bera Holding AS (BERA) | $1.89 Billion | 1.43% | 0.94x | $260.29 Million |
| Berkosan Yalitim ve Tecrit Maddeleri Uretim ve Ticaret AS (BRKSN) | $46.67 Million | 33.71% | 1.91x | $17.90 Million |
| Dogan Sirketler Grubu Holding AS (DOHOL) | $2289.54 Trillion | 16.74% | 2.99x | $1.36 Billion |
| Eczacibasi Yatirim Holding Ortakligi AS (ECZYT) | $851.50 Million | 8.56% | 0.03x | $843.09 Million |
| Global Yatirim Holding AS (GLYHO) | $386.44 Million | 22.12% | 1.12x | $659.49 Million |
| Ihlas Holding AS (IHLAS) | $43.45 Trillion | 0.00% | 3.95x | $62.07 Million |
About Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS
Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri A.S. manufactures and trades in pistons and pins in Turkey. It also manufactures and trades liners, rings, pins, and auto spare parts, as well as cans, barrels, tins, and all kinds of packaging. The company was founded in 1967 and is headquartered in Izmit, Turkey. Federal-Mogul Izmit Piston Ve Pim Üretim Tesisleri A.S. is a subsidiary of Federal… Read more