GurSel Turizm Tasimacilik Ve Servis Ticaret AS Net Assets
GurSel Turizm Tasimacilik Ve Servis Ticaret AS net assets. Based on the latest financial reports, GurSel Turizm Tasimacilik Ve Servis Ticaret AS (GRSEL) has net assets worth TL9.11 Billion TRY (≈ $204.02 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 (TL13.80 Billion ≈ $309.17 Million USD) and total liabilities (TL4.69 Billion ≈ $105.15 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. Also explore GRSEL net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL9.11 Billion |
| % of Total Assets | 65.99% |
| Annual Growth Rate | 157.55% |
| 5-Year Change | 3579.81% |
| 10-Year Change | N/A |
| Growth Volatility | 143.68 |
Net Assets of GurSel Turizm Tasimacilik Ve Servis Ticaret AS (2019–2024)
Net assets of GurSel Turizm Tasimacilik Ve Servis Ticaret AS from 2019 to 2024. This chart illustrates how GurSel Turizm Tasimacilik Ve Servis Ticaret AS's net assets have evolved over time, based on quarterly financial data. See net asset quality index of GurSel Turizm Tasimacilik Ve Servis Tica to measure how much of total assets are equity-financed.
Annual Net Assets for GurSel Turizm Tasimacilik Ve Servis Ticaret AS (2019–2024)
The table below shows the annual net assets of GurSel Turizm Tasimacilik Ve Servis Ticaret AS from 2019 to 2024. For live market cap and overall valuation, see GRSEL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL6.18 Billion ≈ $138.33 Million |
+34.09% |
| 2023-12-31 | TL4.61 Billion ≈ $103.16 Million |
+122.10% |
| 2022-12-31 | TL2.07 Billion ≈ $46.45 Million |
+453.64% |
| 2021-12-31 | TL374.57 Million ≈ $8.39 Million |
+123.18% |
| 2020-12-31 | TL167.84 Million ≈ $3.76 Million |
+208.58% |
| 2019-12-31 | TL54.39 Million ≈ $1.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to GurSel Turizm Tasimacilik Ve Servis Ticaret 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 10962.4% over the analyzed period, indicating profitable operations and earnings retention.
GurSel Turizm Tasimacilik Ve Servis Ticaret AS Net Assets Breakdown (December 2024)
GurSel Turizm Tasimacilik Ve Servis Ticaret AS net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.81 Billion | 79.17% |
| Other Components | TL1.27 Billion | 20.83% |
| Total Equity | TL6.08 Billion | 100.00% |
GurSel Turizm Tasimacilik Ve Servis Ticaret AS Competitors by Market Cap
The table below lists competitors of GurSel Turizm Tasimacilik Ve Servis Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Global PMX Co Ltd
TW:4551
|
$551.78 Million |
|
Qingdao Hiron Commercial Cold Chain Co Ltd
SHG:603187
|
$551.85 Million |
|
Groupe CRIT SA
PA:CEN
|
$551.86 Million |
|
Golden Eagle Energy Tbk
JK:SMMT
|
$551.90 Million |
|
Baotou Huazi Industry Co Ltd
SHG:600191
|
$551.37 Million |
|
Bohai Ferry Co Ltd
SHG:603167
|
$551.26 Million |
|
Nuveen Churchill Direct Lending Corp.
NYSE:NCDL
|
$551.16 Million |
|
Good Finance Securities Co Ltd
TWO:6021
|
$550.98 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GurSel Turizm Tasimacilik Ve Servis Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 4,511,547,165 to 6,076,230,443, a change of 1,564,683,278 (34.7%).
- Net income of 1,650,141,811 contributed positively to equity growth.
- Other factors decreased equity by 85,458,533.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.65 Billion | +27.16% |
| Other Changes | TL-85.46 Million | -1.41% |
| Total Change | TL- | 34.68% |
Book Value vs Market Value Analysis
This analysis compares GurSel Turizm Tasimacilik Ve Servis Ticaret 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: 4.05x
- 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 453.54x to 4.05x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | TL0.53 | TL241.50 | x |
| 2020-12-31 | TL1.64 | TL241.50 | x |
| 2021-12-31 | TL3.55 | TL241.50 | x |
| 2022-12-31 | TL19.97 | TL241.50 | x |
| 2023-12-31 | TL44.23 | TL241.50 | x |
| 2024-12-31 | TL59.57 | TL241.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GurSel Turizm Tasimacilik Ve Servis Ticaret 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): 27.16%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.81%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.54x
- Recent ROE (27.16%) is below the historical average (29.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 48.44% | 6.30% | 1.73x | 4.43x | TL20.88 Million |
| 2020 | 32.41% | 12.22% | 1.19x | 2.23x | TL37.57 Million |
| 2021 | 18.79% | 10.75% | 0.79x | 2.21x | TL31.86 Million |
| 2022 | 13.82% | 9.36% | 0.77x | 1.91x | TL77.79 Million |
| 2023 | 34.68% | 24.07% | 0.87x | 1.66x | TL1.11 Billion |
| 2024 | 27.16% | 19.81% | 0.89x | 1.54x | TL1.04 Billion |
Industry Comparison
This section compares GurSel Turizm Tasimacilik Ve Servis Ticaret AS's net assets metrics with peer companies in the Railroads industry.
Industry Context
- Industry: Railroads
- Average net assets among peers: $71,463,778
- Average return on equity (ROE) among peers: 16.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GurSel Turizm Tasimacilik Ve Servis Ticaret AS (GRSEL) | TL9.11 Billion | 48.44% | 0.52x | $551.72 Million |
| Tureks Turizm Tasimacilik AS (TUREX) | $71.46 Million | 16.42% | 2.26x | $123.36 Million |
About GurSel Turizm Tasimacilik Ve Servis Ticaret AS
Gür-Sel Turizm Tasimacilik ve Servis Ticaret A.S. provides transportation services in Turkey. It offers personnel transportation; student transportation; passenger car, minibus, bus rental services; urban public transport; and intercity transportation services. The company was founded in 1993 and is headquartered in Istanbul, Turkey.