Gedik Yatirim Menkul Degerler AS
Gedik Yatirim Menkul Degerler A.S. provides investment banking company in Turkey and internationally. The company offers stock certificate, futures and options market, international market, investment funds, treasury transactions, public offering, and fixed income securities. It also provides brokerage services to investors in the equity market, repo/reverse repo market, debt securities market, i… Read more
Gedik Yatirim Menkul Degerler AS (GEDIK) - Net Assets
Latest net assets as of September 2025: TL4.81 Billion TRY
Based on the latest financial reports, Gedik Yatirim Menkul Degerler AS (GEDIK) has net assets worth TL4.81 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL20.11 Billion) and total liabilities (TL15.30 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 | TL4.81 Billion |
| % of Total Assets | 23.92% |
| Annual Growth Rate | 31.81% |
| 5-Year Change | 860.22% |
| 10-Year Change | 2742.93% |
| Growth Volatility | 61.23 |
Gedik Yatirim Menkul Degerler AS - Net Assets Trend (2009–2024)
This chart illustrates how Gedik Yatirim Menkul Degerler 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 Gedik Yatirim Menkul Degerler AS (2009–2024)
The table below shows the annual net assets of Gedik Yatirim Menkul Degerler AS from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL3.28 Billion | -14.33% |
| 2023-12-31 | TL3.83 Billion | +223.60% |
| 2022-12-31 | TL1.18 Billion | +109.92% |
| 2021-12-31 | TL564.41 Million | +65.00% |
| 2020-12-31 | TL342.07 Million | +100.54% |
| 2019-12-31 | TL170.57 Million | +44.71% |
| 2018-12-31 | TL117.88 Million | +30.50% |
| 2017-12-31 | TL90.32 Million | +23.55% |
| 2016-12-31 | TL73.11 Million | -36.72% |
| 2015-12-31 | TL115.54 Million | +23.38% |
| 2014-12-31 | TL93.64 Million | +4.19% |
| 2013-12-31 | TL89.87 Million | +15.13% |
| 2012-12-31 | TL78.07 Million | +8.17% |
| 2011-12-31 | TL72.17 Million | +20.33% |
| 2010-12-31 | TL59.97 Million | +15.08% |
| 2009-12-31 | TL52.12 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Gedik Yatirim Menkul Degerler 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 decreased by 1990.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL3.57 Billion | 110.86% |
| Total Equity | TL3.22 Billion | 100.00% |
Gedik Yatirim Menkul Degerler AS Competitors by Market Cap
The table below lists competitors of Gedik Yatirim Menkul Degerler AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Formosa Sumco Technology Corp
TW:3532
|
$291.66 Million |
|
Danal Co. Ltd
KQ:064260
|
$291.71 Million |
|
Yongji Printing Co Ltd
SHG:603058
|
$291.76 Million |
|
Phylogica Limited
MU:PH7
|
$291.84 Million |
|
DIAMOND HILL DL-01
F:BVE
|
$291.58 Million |
|
Ashapura Minechem Limited
NSE:ASHAPURMIN
|
$291.50 Million |
|
Schweizerische Nationalbank
PINK:SWZNF
|
$291.40 Million |
|
Harworth Group plc
PINK:HWGLF
|
$291.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Gedik Yatirim Menkul Degerler AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,776,276,852 to 3,224,262,395, a change of -552,014,457 (-14.6%).
- Net income of 366,968,020 contributed positively to equity growth.
- Dividend payments of 766,664,865 reduced retained earnings.
- Share repurchases of 195,883,893 reduced equity.
- Other factors increased equity by 43,566,281.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL366.97 Million | +11.38% |
| Dividends Paid | TL766.66 Million | -23.78% |
| Share Repurchases | TL195.88 Million | -6.08% |
| Other Changes | TL43.57 Million | +1.35% |
| Total Change | TL- | -14.62% |
Book Value vs Market Value Analysis
This analysis compares Gedik Yatirim Menkul Degerler 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: 3.33x
- 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 15.88x to 3.33x 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 | TL0.34 | TL5.37 | x |
| 2018-12-31 | TL0.44 | TL5.37 | x |
| 2019-12-31 | TL0.64 | TL5.37 | x |
| 2020-12-31 | TL1.27 | TL5.37 | x |
| 2021-12-31 | TL2.17 | TL5.37 | x |
| 2022-12-31 | TL2.55 | TL5.37 | x |
| 2023-12-31 | TL1.91 | TL5.37 | x |
| 2024-12-31 | TL1.61 | TL5.37 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Gedik Yatirim Menkul Degerler 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): 11.38%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.49%
- • Asset Turnover: 4.83x
- • Equity Multiplier: 4.80x
- Recent ROE (11.38%) is below the historical average (20.86%), 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 | 18.34% | 2.49% | 3.15x | 2.34x | TL5.71 Million |
| 2012 | 13.60% | 2.62% | 1.50x | 3.46x | TL2.68 Million |
| 2013 | 13.12% | 0.66% | 6.02x | 3.32x | TL2.66 Million |
| 2014 | 12.16% | 0.40% | 5.97x | 5.10x | TL1.93 Million |
| 2015 | 17.99% | 3.61% | 0.85x | 5.84x | TL8.07 Million |
| 2016 | -29.25% | -3.33% | 1.18x | 7.41x | TL-28.64 Million |
| 2017 | 19.02% | 2.95% | 0.84x | 7.71x | TL8.13 Million |
| 2018 | 24.02% | 1.28% | 3.48x | 5.38x | TL16.50 Million |
| 2019 | 38.34% | 1.25% | 4.68x | 6.54x | TL48.30 Million |
| 2020 | 49.86% | 2.13% | 3.10x | 7.53x | TL134.86 Million |
| 2021 | 43.82% | 1.29% | 5.37x | 6.34x | TL185.35 Million |
| 2022 | 30.20% | 0.44% | 8.54x | 8.11x | TL233.90 Million |
| 2023 | 29.49% | 0.79% | 9.18x | 4.05x | TL735.99 Million |
| 2024 | 11.38% | 0.49% | 4.83x | 4.80x | TL44.54 Million |
Industry Comparison
This section compares Gedik Yatirim Menkul Degerler AS's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $566,365,324
- Average return on equity (ROE) among peers: 15.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Gedik Yatirim Menkul Degerler AS (GEDIK) | TL4.81 Billion | 18.34% | 3.18x | $291.59 Million |
| A1 Capital Menkul Degerler AS (A1CAP) | $1.49 Billion | 43.89% | 1.82x | $65.12 Million |
| Atlas Menkul Kiymetler Yatirim Ortakligi AS (ATLAS) | $8.51 Million | -1.97% | 0.45x | $10.34 Million |
| BULLS GSYO (BULGS) | $1.62 Billion | 77.26% | 0.01x | $86.25 Million |
| DCT TRADING DIS TICARET (DCTTR) | $793.19 Million | -5.43% | 0.67x | $3.99 Million |
| DESTEK FINANS FAKTORING (DSTKF) | $979.57 Million | 28.81% | 4.35x | $4.23 Billion |
| Euro Yatirim Holding AS (EUHOL) | $45.96 Million | -0.85% | 0.50x | $45.18 Million |
| Global Menkul Degerler AS (GLBMD) | $44.99 Million | -9.59% | 1.78x | $10.02 Million |
| Info Yatirim AS (INFO) | $22.97 Million | 0.00% | 0.41x | $62.83 Million |
| Is Yatirim Menkul Degerler AS (ISMEN) | $97.88 Million | 11.58% | 0.10x | $648.54 Million |