Ford Otomotiv Sanayi AS
Ford Otomotiv Sanayi A.S. engages in the manufacture, assembly, import, export, and sale of motor vehicles and spare parts in Turkey. It offers commercial vehicles, passenger cars, as well as spare parts of those vehicles; and products for passenger car models, and light commercial and heavy commercial vehicles. The company was founded in 1926 and is headquartered in Istanbul, Turkey.
Ford Otomotiv Sanayi AS (FROTO) - Net Assets
Latest net assets as of June 2025: TL140.46 Billion TRY
Based on the latest financial reports, Ford Otomotiv Sanayi AS (FROTO) has net assets worth TL140.46 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 (TL417.18 Billion) and total liabilities (TL276.72 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 | TL140.46 Billion |
| % of Total Assets | 33.67% |
| Annual Growth Rate | -25.75% |
| 5-Year Change | 1535.79% |
| 10-Year Change | 3665.65% |
| Growth Volatility | 73.18 |
Ford Otomotiv Sanayi AS - Net Assets Trend (2000–2024)
This chart illustrates how Ford Otomotiv Sanayi 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 Ford Otomotiv Sanayi AS (2000–2024)
The table below shows the annual net assets of Ford Otomotiv Sanayi AS from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL115.22 Billion | +57.82% |
| 2023-12-31 | TL73.01 Billion | +241.12% |
| 2022-12-31 | TL21.40 Billion | +110.89% |
| 2021-12-31 | TL10.15 Billion | +44.08% |
| 2020-12-31 | TL7.04 Billion | +51.00% |
| 2019-12-31 | TL4.66 Billion | +19.82% |
| 2018-12-31 | TL3.89 Billion | +5.34% |
| 2017-12-31 | TL3.70 Billion | +16.82% |
| 2016-12-31 | TL3.16 Billion | +3.39% |
| 2015-12-31 | TL3.06 Billion | +11.10% |
| 2014-12-31 | TL2.75 Billion | +23.14% |
| 2013-12-31 | TL2.24 Billion | +12.07% |
| 2012-12-31 | TL2.00 Billion | +5.13% |
| 2011-12-31 | TL1.90 Billion | +8.16% |
| 2010-12-31 | TL1.76 Billion | +6.39% |
| 2009-12-31 | TL1.65 Billion | -3.63% |
| 2008-12-31 | TL1.71 Billion | -0.24% |
| 2007-12-31 | TL1.72 Billion | +5.17% |
| 2006-12-31 | TL1.63 Billion | +1.68% |
| 2005-12-31 | TL1.60 Billion | +0.51% |
| 2004-12-31 | TL1.60 Billion | -100.00% |
| 2003-12-31 | TL1088.44 Trillion | +58.67% |
| 2002-12-31 | TL685.98 Trillion | +32.12% |
| 2001-12-31 | TL519.22 Trillion | +255.54% |
| 2000-12-31 | TL146.04 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ford Otomotiv Sanayi 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 13220396500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL132.20 Billion | 114.74% |
| Total Equity | TL115.22 Billion | 100.00% |
Ford Otomotiv Sanayi AS Competitors by Market Cap
The table below lists competitors of Ford Otomotiv Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xian Sunresin New Materials Co Ltd
SHE:300487
|
$2.04 Billion |
|
Fletcher Building Ltd PK
PINK:FCREY
|
$2.04 Billion |
|
EXOSENS PROM
PA:EXENS
|
$2.04 Billion |
|
OneSpaWorld Holdings Ltd
NASDAQ:OSW
|
$2.05 Billion |
|
Fluidra S.A
OTCGREY:FLUIF
|
$2.04 Billion |
|
NORDIC SEMICOND. ADS/1
F:N0S0
|
$2.04 Billion |
|
Risen Energy
SHE:300118
|
$2.04 Billion |
|
North Navigation Control Technology Co Ltd
SHG:600435
|
$2.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ford Otomotiv Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 73,007,545,000 to 115,223,488,000, a change of 42,215,943,000 (57.8%).
- Net income of 38,863,566,000 contributed positively to equity growth.
- Dividend payments of 23,529,861,000 reduced retained earnings.
- Other factors increased equity by 26,882,238,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL38.86 Billion | +33.73% |
| Dividends Paid | TL23.53 Billion | -20.42% |
| Other Changes | TL26.88 Billion | +23.33% |
| Total Change | TL- | 57.82% |
Book Value vs Market Value Analysis
This analysis compares Ford Otomotiv Sanayi 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: 0.32x
- 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 10.03x to 0.32x 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 | TL10.53 | TL105.60 | x |
| 2018-12-31 | TL11.09 | TL105.60 | x |
| 2019-12-31 | TL13.29 | TL105.60 | x |
| 2020-12-31 | TL20.07 | TL105.60 | x |
| 2021-12-31 | TL28.92 | TL105.60 | x |
| 2022-12-31 | TL60.99 | TL105.60 | x |
| 2023-12-31 | TL208.05 | TL105.60 | x |
| 2024-12-31 | TL328.36 | TL105.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ford Otomotiv Sanayi 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): 33.73%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.53%
- • Asset Turnover: 1.82x
- • Equity Multiplier: 2.84x
- Recent ROE (33.73%) is below the historical average (37.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 27.95% | 6.42% | 1.62x | 2.69x | TL26.22 Trillion |
| 2002 | 3.87% | 2.27% | 0.69x | 2.48x | TL-42.07 Trillion |
| 2003 | 25.95% | 9.59% | 1.41x | 1.92x | TL173.65 Trillion |
| 2004 | 28.37% | 8.15% | 2.05x | 1.70x | TL293.28 Million |
| 2005 | 24.83% | 6.58% | 2.30x | 1.64x | TL237.96 Million |
| 2006 | 30.70% | 7.68% | 2.31x | 1.73x | TL337.71 Million |
| 2007 | 28.22% | 6.70% | 2.38x | 1.77x | TL312.66 Million |
| 2008 | 25.48% | 6.23% | 2.59x | 1.58x | TL265.03 Million |
| 2009 | 20.21% | 5.98% | 1.98x | 1.71x | TL168.47 Million |
| 2010 | 28.75% | 6.60% | 2.29x | 1.90x | TL329.10 Million |
| 2011 | 34.88% | 6.34% | 2.36x | 2.33x | TL472.27 Million |
| 2012 | 33.82% | 6.91% | 2.10x | 2.33x | TL475.46 Million |
| 2013 | 28.68% | 5.62% | 1.90x | 2.68x | TL417.81 Million |
| 2014 | 21.60% | 4.99% | 1.65x | 2.63x | TL319.44 Million |
| 2015 | 27.51% | 5.03% | 1.99x | 2.75x | TL535.93 Million |
| 2016 | 30.20% | 5.22% | 1.97x | 2.94x | TL638.95 Million |
| 2017 | 40.31% | 5.88% | 2.11x | 3.25x | TL1.12 Billion |
| 2018 | 43.23% | 5.06% | 2.53x | 3.39x | TL1.29 Billion |
| 2019 | 42.00% | 5.00% | 2.39x | 3.52x | TL1.49 Billion |
| 2020 | 59.55% | 8.48% | 2.03x | 3.46x | TL3.49 Billion |
| 2021 | 86.72% | 12.38% | 1.66x | 4.22x | TL7.79 Billion |
| 2022 | 86.97% | 10.83% | 1.79x | 4.49x | TL16.47 Billion |
| 2023 | 97.01% | 11.91% | 2.74x | 2.97x | TL63.53 Billion |
| 2024 | 33.73% | 6.53% | 1.82x | 2.84x | TL27.34 Billion |
Industry Comparison
This section compares Ford Otomotiv Sanayi AS's net assets metrics with peer companies in the Auto Manufacturers industry.
Industry Context
- Industry: Auto Manufacturers
- Average net assets among peers: $3,252,054,667
- Average return on equity (ROE) among peers: 1.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ford Otomotiv Sanayi AS (FROTO) | TL140.46 Billion | 27.95% | 1.97x | $2.04 Billion |
| Anadolu Isuzu Otomotiv Sanayi ve Ticaret AS (ASUZU) | $189.36 Million | 12.43% | 0.53x | $69.22 Million |
| Otokar Otomotiv ve Savunma Sanayi AS (OTKAR) | $8.55 Billion | -17.07% | 6.67x | $346.82 Million |
| Tofas Turk Otomobil Fabrikasi AS (TOASO) | $1.02 Billion | 8.04% | 1.38x | $1.04 Billion |