Imas Makina Sanayi AS
Imas Makina Sanayi A.S. manufactures and sells machinery and equipment in Turkey and internationally. The company engages in the manufacture of grain milling machines and systems to produce flour and semolina from wheat, corn, rye, and oats under the Milleral brand; production and installation of machines used to produce cattle, sheep, and poultry feed under the Viteral brand; and production of h… Read more
Imas Makina Sanayi AS (IMASM) - Net Assets
Latest net assets as of June 2025: TL2.76 Billion TRY
Based on the latest financial reports, Imas Makina Sanayi AS (IMASM) has net assets worth TL2.76 Billion TRY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.38 Billion) and total liabilities (TL1.62 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 | TL2.76 Billion |
| % of Total Assets | 62.95% |
| Annual Growth Rate | 83.24% |
| 5-Year Change | 1353.36% |
| 10-Year Change | N/A |
| Growth Volatility | 47.1 |
Imas Makina Sanayi AS - Net Assets Trend (2019–2024)
This chart illustrates how Imas Makina Sanayi 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 Imas Makina Sanayi AS (2019–2024)
The table below shows the annual net assets of Imas Makina Sanayi AS from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.39 Billion | +69.53% |
| 2023-12-31 | TL1.41 Billion | +43.80% |
| 2022-12-31 | TL980.27 Million | +157.39% |
| 2021-12-31 | TL380.85 Million | +131.60% |
| 2020-12-31 | TL164.44 Million | +42.32% |
| 2019-12-31 | TL115.54 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Imas Makina Sanayi 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 1394.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.02 Billion | 43.49% |
| Other Components | TL1.33 Billion | 56.51% |
| Total Equity | TL2.35 Billion | 100.00% |
Imas Makina Sanayi AS Competitors by Market Cap
The table below lists competitors of Imas Makina Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sanstar Ltd
NSE:SANSTAR
|
$48.55 Million |
|
Prevas AB Series B
LSE:0H2J
|
$48.55 Million |
|
Central Plains Bancshares, Inc. Common Stock
NASDAQ:CPBI
|
$48.55 Million |
|
AMIA Co. Ltd.
TW:8438
|
$48.56 Million |
|
MKH Bhd
KLSE:6114
|
$48.51 Million |
|
Jyong Biotech Ltd. Ordinary Shares
NASDAQ:MENS
|
$48.51 Million |
|
MedPeerInc
PINK:MDPEF
|
$48.50 Million |
|
Melhus Sparebank
OL:MELG
|
$48.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Imas Makina Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,377,963,000 to 2,352,187,000, a change of 974,224,000 (70.7%).
- Net income of 273,178,000 contributed positively to equity growth.
- Other factors increased equity by 701,046,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL273.18 Million | +11.61% |
| Other Changes | TL701.05 Million | +29.8% |
| Total Change | TL- | 70.70% |
Book Value vs Market Value Analysis
This analysis compares Imas Makina Sanayi 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: 1.48x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.20x to 1.48x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | TL3.12 | TL3.76 | x |
| 2020-12-31 | TL0.71 | TL3.76 | x |
| 2021-12-31 | TL10.29 | TL3.76 | x |
| 2022-12-31 | TL26.49 | TL3.76 | x |
| 2023-12-31 | TL1.49 | TL3.76 | x |
| 2024-12-31 | TL2.54 | TL3.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Imas Makina Sanayi 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): 11.61%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.63%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 1.58x
- Recent ROE (11.61%) is below the historical average (17.95%), 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 | 33.07% | 23.67% | 0.40x | 3.46x | TL26.65 Million |
| 2020 | 24.56% | 19.96% | 0.42x | 2.91x | TL23.94 Million |
| 2021 | 13.33% | 18.61% | 0.41x | 1.74x | TL12.69 Million |
| 2022 | 21.70% | 34.47% | 0.44x | 1.42x | TL114.72 Million |
| 2023 | 3.41% | 2.56% | 0.73x | 1.82x | TL-90.76 Million |
| 2024 | 11.61% | 12.63% | 0.58x | 1.58x | TL37.96 Million |
Industry Comparison
This section compares Imas Makina Sanayi AS's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $278,928,894
- Average return on equity (ROE) among peers: 10.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Imas Makina Sanayi AS (IMASM) | TL2.76 Billion | 33.07% | 0.59x | $48.54 Million |
| Alarko Carrier Sanayi ve Ticaret AS (ALCAR) | $395.94 Million | 4.14% | 0.46x | $36.85 Million |
| Burcelik Bursa Celik Dokum Sanayi AS (BURCE) | $19.49 Million | 0.00% | 1.12x | $48.39 Million |
| Hidropar Hareket Kontrol Teknolojileri Merkezi Sanayi ve Ticaret A.S. (HKTM) | $98.52 Million | 42.22% | 1.43x | $15.97 Million |
| Klimasan Klima Sanayi ve Ticaret AS (KLMSN) | $26.03 Million | 0.00% | 3.50x | $20.47 Million |
| Makim Makina Teknolojileri Sanayi ve Ticaret A.S. (MAKIM) | $854.67 Million | 6.48% | 0.42x | $19.14 Million |