Goodyear Lastikleri TAS
Goodyear Lastikleri T.A.S. produces and sells tires under the Goodyear, Fulda, Sava, Debica, and Kelly brands worldwide. It offers tires for consumers; and aviation, commercial truck, off-the-road, racing, and recreational vehicle tires. The company was incorporated in 1961 and is based in Istanbul, Turkey. Goodyear Lastikleri T.A.S. is a subsidiary of Goodyear S.A.
Goodyear Lastikleri TAS (GOODY) - Net Assets
Latest net assets as of September 2025: TL3.07 Billion TRY
Based on the latest financial reports, Goodyear Lastikleri TAS (GOODY) has net assets worth TL3.07 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 (TL15.39 Billion) and total liabilities (TL12.32 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 | TL3.07 Billion |
| % of Total Assets | 19.92% |
| Annual Growth Rate | -30.02% |
| 5-Year Change | 252.56% |
| 10-Year Change | 680.31% |
| Growth Volatility | 195.13 |
Goodyear Lastikleri TAS - Net Assets Trend (2000–2024)
This chart illustrates how Goodyear Lastikleri TAS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Goodyear Lastikleri TAS (2000–2024)
The table below shows the annual net assets of Goodyear Lastikleri TAS from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL3.71 Billion | +24.60% |
| 2023-12-31 | TL2.98 Billion | +97.61% |
| 2022-12-31 | TL1.51 Billion | +14.36% |
| 2021-12-31 | TL1.32 Billion | +25.21% |
| 2020-12-31 | TL1.05 Billion | +16.80% |
| 2019-12-31 | TL900.82 Million | +37.34% |
| 2018-12-31 | TL655.88 Million | +19.56% |
| 2017-12-31 | TL548.56 Million | +20.42% |
| 2016-12-31 | TL455.54 Million | -4.17% |
| 2015-12-31 | TL475.37 Million | +15.10% |
| 2014-12-31 | TL413.02 Million | -3.58% |
| 2013-12-31 | TL428.33 Million | +15.92% |
| 2012-12-31 | TL369.50 Million | +11.21% |
| 2011-12-31 | TL332.24 Million | +21.52% |
| 2010-12-31 | TL273.40 Million | +5.31% |
| 2009-12-31 | TL259.61 Million | -1.57% |
| 2008-12-31 | TL263.75 Million | +3.01% |
| 2007-12-31 | TL256.04 Million | +6.18% |
| 2006-12-31 | TL241.13 Million | +12.89% |
| 2005-12-31 | TL213.59 Million | -12.07% |
| 2004-12-31 | TL242.91 Million | -100.00% |
| 2003-12-31 | TL205.06 Trillion | +954.63% |
| 2001-12-31 | TL19.44 Trillion | -0.32% |
| 2000-12-31 | TL19.51 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Goodyear Lastikleri TAS'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 457003300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL3.71 Billion | 100.12% |
| Total Equity | TL3.71 Billion | 100.00% |
Goodyear Lastikleri TAS Competitors by Market Cap
The table below lists competitors of Goodyear Lastikleri TAS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanil Iron & S
KO:002220
|
$27.57 Million |
|
Quantum-Si incorporated
NASDAQ:QSIAW
|
$27.57 Million |
|
Traphaco JSC
VN:TRA
|
$27.57 Million |
|
Natura City Developments Tbk PT
JK:CITY
|
$27.57 Million |
|
BOS Better Online Solutions
NASDAQ:BOSC
|
$27.56 Million |
|
Molinos Rio de la Plata S.A.
PINK:MOPLF
|
$27.55 Million |
|
Averlogic Technologies
TWO:6198
|
$27.54 Million |
|
Brd. Klee A/S
CO:KLEE-B
|
$27.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goodyear Lastikleri TAS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,977,020,131 to 3,709,364,421, a change of 732,344,290 (24.6%).
- Net loss of 878,443,554 reduced equity.
- Other factors increased equity by 1,610,787,844.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-878.44 Million | -23.68% |
| Other Changes | TL1.61 Billion | +43.42% |
| Total Change | TL- | 24.60% |
Book Value vs Market Value Analysis
This analysis compares Goodyear Lastikleri TAS'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: 1.04x
- 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 7.01x to 1.04x 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 | TL2.03 | TL14.25 | x |
| 2018-12-31 | TL2.43 | TL14.25 | x |
| 2019-12-31 | TL3.34 | TL14.25 | x |
| 2020-12-31 | TL3.90 | TL14.25 | x |
| 2021-12-31 | TL4.88 | TL14.25 | x |
| 2022-12-31 | TL5.58 | TL14.25 | x |
| 2023-12-31 | TL11.03 | TL14.25 | x |
| 2024-12-31 | TL13.74 | TL14.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goodyear Lastikleri TAS 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): -23.68%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.10%
- • Asset Turnover: 1.65x
- • Equity Multiplier: 3.50x
- Recent ROE (-23.68%) is below the historical average (9.48%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 3.77% | 1.68% | 1.32x | 1.70x | TL-12.78 Trillion |
| 2004 | 3.73% | 1.57% | 1.39x | 1.71x | TL-15.24 Million |
| 2006 | 11.42% | 3.97% | 1.64x | 1.75x | TL3.43 Million |
| 2007 | 5.82% | 1.87% | 1.89x | 1.64x | TL-10.69 Million |
| 2008 | 2.92% | 1.01% | 1.64x | 1.77x | TL-18.66 Million |
| 2009 | 0.42% | 0.18% | 1.53x | 1.55x | TL-24.86 Million |
| 2010 | 5.04% | 1.71% | 1.58x | 1.87x | TL-13.56 Million |
| 2011 | 18.54% | 4.98% | 1.89x | 1.96x | TL28.36 Million |
| 2012 | 13.42% | 4.37% | 1.95x | 1.57x | TL12.64 Million |
| 2013 | 16.03% | 6.24% | 1.73x | 1.49x | TL25.85 Million |
| 2014 | 11.45% | 4.16% | 1.87x | 1.47x | TL6.01 Million |
| 2015 | 15.23% | 5.63% | 1.58x | 1.71x | TL24.87 Million |
| 2016 | 10.09% | 3.40% | 1.67x | 1.77x | TL411.38K |
| 2017 | 18.64% | 5.58% | 1.68x | 1.99x | TL47.42 Million |
| 2018 | 19.22% | 5.12% | 1.57x | 2.39x | TL60.44 Million |
| 2019 | 29.90% | 8.97% | 1.89x | 1.76x | TL179.28 Million |
| 2020 | 14.38% | 4.73% | 1.67x | 1.82x | TL46.04 Million |
| 2021 | 27.89% | 7.93% | 1.45x | 2.43x | TL235.73 Million |
| 2022 | 16.39% | 2.27% | 1.73x | 4.16x | TL96.24 Million |
| 2023 | -21.56% | -2.20% | 2.84x | 3.45x | TL-939.53 Million |
| 2024 | -23.68% | -4.10% | 1.65x | 3.50x | TL-1.25 Billion |
Industry Comparison
This section compares Goodyear Lastikleri TAS's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $191,009,186
- Average return on equity (ROE) among peers: 19.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Goodyear Lastikleri TAS (GOODY) | TL3.07 Billion | 3.77% | 4.02x | $27.56 Million |
| Balatacilar Balatacilik Sanayi ve Ticaret AS (BALAT) | $2.98 Million | 0.00% | 3.78x | $35.75 Million |
| Bosch Fren Sistemleri Sanayi ve Ticaret AS (BFREN) | $71.77 Million | 47.64% | 0.44x | $19.03 Million |
| Brisa Bridgestone Sabanci Lastik Sanayi ve Ticaret AS (BRISA) | $419.42 Million | 12.76% | 0.17x | $258.34 Million |
| Ditas Dogan Yedek Parca Imalat ve Teknik AS (DITAS) | $457.85 Million | -5.09% | 2.74x | $34.48 Million |
| Ege Endustri ve Ticaret AS (EGEEN) | $200.61 Million | 50.85% | 0.37x | $189.58 Million |
| Jantsa Jant Sanayi ve Ticaret AS (JANTS) | $118.27 Million | 27.26% | 0.48x | $36.89 Million |
| Parsan Makina Parcalari Sanayi AS (PARSN) | $199.07 Million | 0.00% | 0.30x | $62.53 Million |
| Safkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Tic (SAFKR) | $58.11 Million | 21.95% | 0.53x | $87.53 Million |