Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi
Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi develops residential and commercial properties. The company was incorporated in 1992 and is based in Istanbul, Turkey
Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi (FZLGY) - Net Assets
Latest net assets as of September 2024: TL3.28 Billion TRY
Based on the latest financial reports, Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi (FZLGY) has net assets worth TL3.28 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL8.04 Billion) and total liabilities (TL4.75 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 | TL3.28 Billion |
| % of Total Assets | 40.84% |
| Annual Growth Rate | 128.73% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 99.75 |
Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi - Net Assets Trend (2021–2024)
This chart illustrates how Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi (2021–2024)
The table below shows the annual net assets of Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | TL2.73 Billion | +46.26% |
| 2023-03-31 | TL1.86 Billion | +283.33% |
| 2022-03-31 | TL486.34 Million | +113.55% |
| 2021-03-31 | TL227.74 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi'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 2069.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.04 Billion | 38.01% |
| Other Components | TL1.69 Billion | 61.99% |
| Total Equity | TL2.72 Billion | 100.00% |
Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi Competitors by Market Cap
The table below lists competitors of Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Concrete Pumping Holdings Class A
NASDAQ:BBCP
|
$146.75 Million |
|
ELLINGTON RESID.MTG SBI
F:73Z
|
$146.79 Million |
|
PI Advanced Materials Co. Ltd
KQ:178920
|
$146.79 Million |
|
Owens & Minor Inc
NYSE:OMI
|
$146.82 Million |
|
Zhejiang Huaye Plastics Machinery Co., Ltd.
SHE:301616
|
$146.70 Million |
|
DHAWF
PINK:DHAWF
|
$146.66 Million |
|
Teamlease Services Limited
NSE:TEAMLEASE
|
$146.59 Million |
|
Race Oncology Limited
PINK:RAONF
|
$146.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,861,256,270 to 2,723,423,748, a change of 862,167,478 (46.3%).
- Net income of 246,300,348 contributed positively to equity growth.
- Dividend payments of 58,944,459 reduced retained earnings.
- New share issuances of 675,846,118 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL246.30 Million | +9.04% |
| Dividends Paid | TL58.94 Million | -2.16% |
| Share Issuances | TL675.85 Million | +24.82% |
| Other Changes | TL-1.03 Million | -0.04% |
| Total Change | TL- | 46.32% |
Book Value vs Market Value Analysis
This analysis compares Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi'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: 1.52x
- 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 18.24x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | TL0.72 | TL13.06 | x |
| 2022-03-31 | TL1.28 | TL13.06 | x |
| 2023-03-31 | TL5.85 | TL13.06 | x |
| 2024-03-31 | TL8.56 | TL13.06 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi 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): 9.04%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8.95%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 2.22x
- Recent ROE (9.04%) is below the historical average (24.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -13.54% | -11.35% | 0.59x | 2.04x | TL-53.62 Million |
| 2022 | 71.71% | 51.28% | 0.21x | 6.58x | TL251.76 Million |
| 2023 | 32.48% | 225.67% | 0.05x | 2.92x | TL418.50 Million |
| 2024 | 9.04% | 8.95% | 0.45x | 2.22x | TL-26.04 Million |
Industry Comparison
This section compares Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi's net assets metrics with peer companies in the REIT - Residential industry.
Industry Context
- Industry: REIT - Residential
- Average net assets among peers: $3,607,159,110
- Average return on equity (ROE) among peers: 7.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fuzul Gayrimenkul Yatirim Ortakligi Anonim Sirketi (FZLGY) | TL3.28 Billion | -13.54% | 1.45x | $146.73 Million |
| Adra Gayrimenkul Yatirim Ortakligi Anonim Sirketi (ADGYO) | $5.06 Billion | 17.18% | 0.01x | $56.35 Million |
| Emlak Konut Gayrimenkul Yatirim Ortakligi AS (EKGYO) | $8.75 Billion | 10.91% | 0.71x | $2.09 Billion |
| Korfez Gayrimenkul Yatirim (KRGYO) | $34.40 Million | 0.00% | 0.55x | $6.51 Million |
| Sinpas Gayrimenkul Yatirim Ortakligi AS (SNGYO) | $579.82 Million | 3.20% | 0.19x | $200.46 Million |