Guler Yatirim Holding AS (GLRYH) - Net Assets

Latest as of September 2025: TL14.18 Billion TRY ≈ $317.59 Million USD

Based on the latest financial reports, Guler Yatirim Holding AS (GLRYH) has net assets worth TL14.18 Billion TRY (≈ $317.59 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL24.70 Billion ≈ $553.32 Million USD) and total liabilities (TL10.53 Billion ≈ $235.74 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 GLRYH asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL14.18 Billion
% of Total Assets	57.4%
Annual Growth Rate	57.51%
5-Year Change	3699.84%
10-Year Change	47606.47%
Growth Volatility	80.58

Guler Yatirim Holding AS - Net Assets Trend (2006–2024)

This chart illustrates how Guler Yatirim Holding AS's net assets have evolved over time, based on quarterly financial data. Also explore Guler Yatirim Holding AS assets under control for the complete picture of this company's asset base.

Annual Net Assets for Guler Yatirim Holding AS (2006–2024)

The table below shows the annual net assets of Guler Yatirim Holding AS from 2006 to 2024. For live valuation and market cap data, see Guler Yatirim Holding AS market cap and net worth.

Year	Net Assets	Change
2024-12-31	TL9.66 Billion ≈ $216.41 Million	+24.44%
2023-12-31	TL7.76 Billion ≈ $173.90 Million	+262.33%
2022-12-31	TL2.14 Billion ≈ $48.00 Million	+144.59%
2021-12-31	TL876.11 Million ≈ $19.62 Million	+244.54%
2020-12-31	TL254.28 Million ≈ $5.70 Million	+98.26%
2019-12-31	TL128.26 Million ≈ $2.87 Million	+27.16%
2018-12-31	TL100.86 Million ≈ $2.26 Million	+142.51%
2017-12-31	TL41.59 Million ≈ $931.56K	+51.50%
2016-12-31	TL27.45 Million ≈ $614.90K	+35.55%
2015-12-31	TL20.25 Million ≈ $453.63K	+40.83%
2014-12-31	TL14.38 Million ≈ $322.12K	-18.31%
2013-12-31	TL17.61 Million ≈ $394.31K	+15.47%
2012-12-31	TL15.25 Million ≈ $341.49K	+58.31%
2011-12-31	TL9.63 Million ≈ $215.71K	-22.58%
2010-12-31	TL12.44 Million ≈ $278.62K	+128.34%
2009-12-31	TL5.45 Million ≈ $122.02K	+15.47%
2008-12-31	TL4.72 Million ≈ $105.67K	-5.58%
2007-12-31	TL5.00 Million ≈ $111.92K	+84.26%
2006-12-31	TL2.71 Million ≈ $60.74K	--

Equity Component Analysis

This analysis shows how different components contribute to Guler Yatirim Holding 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 7626705.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	TL915.22 Million	28.39%
Other Components	TL2.31 Billion	71.61%
Total Equity	TL3.22 Billion	100.00%

Guler Yatirim Holding AS Competitors by Market Cap

The table below lists competitors of Guler Yatirim Holding AS ranked by their market capitalization.

Company	Market Cap
Latitude Tree Holdings Bhd KLSE:7006	$53.50 Million
Adolfo Dominguez SA MC:ADZ	$53.52 Million
Baolong International Co Ltd TW:1906	$53.52 Million
International Conveyors Limited NSE:INTLCONV	$53.53 Million
C3 Metals Inc V:CCCM	$53.47 Million
Shenzhen CAU Technology Co Ltd SHE:000004	$53.47 Million
Iris Business Services Limited NSE:IRIS	$53.46 Million
Singsongholdin KO:006880	$53.45 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Guler Yatirim Holding AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 2,609,995,872 to 3,224,184,314, a change of 614,188,442 (23.5%).
Net income of 230,718,619 contributed positively to equity growth.
New share issuances of 1,036,077,583 increased equity.
Other factors decreased equity by 652,607,760.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	TL230.72 Million	+7.16%
Share Issuances	TL1.04 Billion	+32.13%
Other Changes	TL-652.61 Million	-20.24%
Total Change	TL-	23.53%

Book Value vs Market Value Analysis

This analysis compares Guler Yatirim Holding 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: 1.87x
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 4.92x to 1.87x 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	TL0.81	TL3.98	x
2018-12-31	TL0.57	TL3.98	x
2019-12-31	TL0.56	TL3.98	x
2020-12-31	TL1.21	TL3.98	x
2021-12-31	TL3.19	TL3.98	x
2022-12-31	TL4.52	TL3.98	x
2023-12-31	TL1.73	TL3.98	x
2024-12-31	TL2.13	TL3.98	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Guler Yatirim Holding 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): 7.16%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.54%
• Asset Turnover: 2.72x
• Equity Multiplier: 4.86x
Recent ROE (7.16%) is below the historical average (21.94%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	11.73%	4.14%	1.63x	1.74x	TL189.80K
2014	30.47%	11.38%	1.48x	1.81x	TL2.93 Million
2015	20.96%	11.53%	0.66x	2.74x	TL2.04 Million
2016	12.98%	4.63%	0.84x	3.34x	TL757.28K
2017	-0.10%	-0.01%	7.38x	2.25x	TL-4.10 Million
2018	20.33%	0.93%	6.31x	3.46x	TL5.54 Million
2019	7.50%	0.65%	2.26x	5.11x	TL-1.32 Million
2020	49.72%	1.64%	5.21x	5.81x	TL45.38 Million
2021	37.11%	2.15%	3.97x	4.35x	TL103.79 Million
2022	57.84%	3.49%	3.39x	4.89x	TL424.05 Million
2023	7.59%	0.69%	2.54x	4.36x	TL-62.98 Million
2024	7.16%	0.54%	2.72x	4.86x	TL-91.70 Million

Industry Comparison

This section compares Guler Yatirim Holding AS's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $165,558,812
Average return on equity (ROE) among peers: -17.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Guler Yatirim Holding AS (GLRYH)	TL14.18 Billion	11.73%	0.74x	$53.49 Million
Avrupa Yatirim Holding AS (AVHOL)	$201.11 Million	3.23%	0.44x	$32.52 Million
Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR)	$859.08 Million	0.65%	0.18x	$19.32 Million
Cosmos Yatirim Holding AS (COSMO)	$48.40 Million	-9.27%	2.48x	$31.13 Million
Dagi Yatirim Holding AS (DAGHL)	$9.92 Million	7.55%	0.01x	$268.77 Million
Denge Yatirim Holding AS (DENGE)	$29.92 Million	-180.45%	0.76x	$33.94 Million
Euro Trend Yatirim Ortakligi AS (ETYAT)	$24.49 Million	7.77%	0.03x	$3.59 Million
Euro Kapital Yatirim Ortakligi AS (EUKYO)	$24.60 Million	5.38%	0.02x	$3.36 Million
Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO)	$25.33 Million	7.46%	0.02x	$2.64 Million
Gelecek Varlik Yonetimi AS (GLCVY)	$267.19 Million	3.29%	3.43x	$206.04 Million

About Guler Yatirim Holding AS

IS:GLRYH Turkey Asset Management

Market Cap

$53.49 Million

TL2.39 Billion TRY

Market Cap Rank

#21644 Global

#369 in Turkey

Share Price

TL3.98

Change (1 day)

-6.79%

52-Week Range

TL2.93 - TL5.00

All Time High

TL15.31