Koc Holding AS
Koç Holding A.S., through its subsidiaries, engages in the energy, automotive, consumer durables, finance, and other businesses in Turkey and internationally. The company's energy business produces and trades in petroleum products; operates petroleum refineries; distributes fuel and liquefied petroleum gases, as well as water products; ships petroleum; and generates electricity through hydroelect… Read more
Koc Holding AS (KCHOL) - Net Assets
Latest net assets as of September 2025: TL1.04 Trillion TRY
Based on the latest financial reports, Koc Holding AS (KCHOL) has net assets worth TL1.04 Trillion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.11 Trillion) and total liabilities (TL4.07 Trillion). 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 | TL1.04 Trillion |
| % of Total Assets | 20.36% |
| Annual Growth Rate | -27.64% |
| 5-Year Change | 874.97% |
| 10-Year Change | 2449.81% |
| Growth Volatility | 46.12 |
Koc Holding AS - Net Assets Trend (2000–2024)
This chart illustrates how Koc Holding 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 Koc Holding AS (2000–2024)
The table below shows the annual net assets of Koc Holding AS from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL858.66 Billion | +27.35% |
| 2023-12-31 | TL674.27 Billion | +172.77% |
| 2022-12-31 | TL247.20 Billion | +104.12% |
| 2021-12-31 | TL121.11 Billion | +37.51% |
| 2020-12-31 | TL88.07 Billion | +77.38% |
| 2019-12-31 | TL49.65 Billion | +5.74% |
| 2018-12-31 | TL46.96 Billion | +9.38% |
| 2017-12-31 | TL42.93 Billion | +16.45% |
| 2016-12-31 | TL36.87 Billion | +9.47% |
| 2015-12-31 | TL33.68 Billion | +14.93% |
| 2014-12-31 | TL29.30 Billion | +11.88% |
| 2013-12-31 | TL26.19 Billion | -2.10% |
| 2012-12-31 | TL26.75 Billion | +14.96% |
| 2011-12-31 | TL23.27 Billion | +10.93% |
| 2010-12-31 | TL20.98 Billion | +11.69% |
| 2009-12-31 | TL18.78 Billion | +16.43% |
| 2008-12-31 | TL16.13 Billion | +7.13% |
| 2007-12-31 | TL15.06 Billion | +29.21% |
| 2006-12-31 | TL11.65 Billion | +42.00% |
| 2005-12-31 | TL8.21 Billion | +19.84% |
| 2004-12-31 | TL6.85 Billion | -100.00% |
| 2003-12-31 | TL5441.00 Trillion | +34.80% |
| 2002-12-31 | TL4036.50 Trillion | +23.67% |
| 2001-12-31 | TL3264.01 Trillion | +61.42% |
| 2000-12-31 | TL2022.12 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Koc 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 decreased by 99.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL471.78 Billion | 89.24% |
| Other Components | TL56.85 Billion | 10.76% |
| Total Equity | TL528.63 Billion | 100.00% |
Koc Holding AS Competitors by Market Cap
The table below lists competitors of Koc Holding AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Diploma PLC
PINK:DPMAY
|
$10.23 Billion |
|
Stantec Inc
NYSE:STN
|
$10.23 Billion |
|
Texas Pacific Land Trust
NYSE:TPL
|
$10.23 Billion |
|
Full Truck Alliance Co. Ltd.
F:892
|
$10.24 Billion |
|
Evercore Partners Inc
NYSE:EVR
|
$10.20 Billion |
|
Advanced Info Service Public
PINK:AVIFY
|
$10.19 Billion |
|
Japan Exchange Group Inc
PINK:OSCUF
|
$10.19 Billion |
|
Modine Manufacturing Company
NYSE:MOD
|
$10.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Koc Holding AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 404,729,000,000 to 528,635,000,000, a change of 123,906,000,000 (30.6%).
- Net income of 1,306,000,000 contributed positively to equity growth.
- Dividend payments of 59,812,000,000 reduced retained earnings.
- Other factors increased equity by 182,412,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.31 Billion | +0.25% |
| Dividends Paid | TL59.81 Billion | -11.31% |
| Other Changes | TL182.41 Billion | +34.51% |
| Total Change | TL- | 30.61% |
Book Value vs Market Value Analysis
This analysis compares Koc 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: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 16.50x to 0.94x 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 | TL11.82 | TL195.00 | x |
| 2018-12-31 | TL13.13 | TL195.00 | x |
| 2019-12-31 | TL14.31 | TL195.00 | x |
| 2020-12-31 | TL18.27 | TL195.00 | x |
| 2021-12-31 | TL25.10 | TL195.00 | x |
| 2022-12-31 | TL58.92 | TL195.00 | x |
| 2023-12-31 | TL159.65 | TL195.00 | x |
| 2024-12-31 | TL208.53 | TL195.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Koc 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): 0.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.06%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 7.39x
- Recent ROE (0.25%) is below the historical average (15.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.61% | 1.53% | 0.65x | 6.67x | TL-34.80 Trillion |
| 2002 | 1.89% | 0.37% | 0.92x | 5.59x | TL-173.86 Trillion |
| 2003 | 0.00% | 0.00% | 1.07x | 4.48x | TL-324.49 Trillion |
| 2004 | 12.23% | 2.28% | 1.17x | 4.60x | TL92.87 Million |
| 2005 | 12.36% | 2.45% | 0.66x | 7.58x | TL113.93 Million |
| 2006 | 11.02% | 1.14% | 0.86x | 11.25x | TL52.01 Million |
| 2007 | 29.23% | 4.46% | 0.86x | 7.60x | TL1.51 Billion |
| 2008 | 20.76% | 3.64% | 0.86x | 6.66x | TL1.05 Billion |
| 2009 | 12.80% | 3.19% | 0.68x | 5.94x | TL312.21 Million |
| 2010 | 13.79% | 3.22% | 0.66x | 6.45x | TL477.06 Million |
| 2011 | 15.29% | 2.80% | 0.77x | 7.10x | TL734.79 Million |
| 2012 | 14.21% | 2.73% | 0.78x | 6.70x | TL686.28 Million |
| 2013 | 14.86% | 4.05% | 1.13x | 3.26x | TL876.21 Million |
| 2014 | 13.32% | 3.95% | 1.07x | 3.14x | TL675.30 Million |
| 2015 | 15.42% | 5.13% | 0.95x | 3.15x | TL1.25 Billion |
| 2016 | 13.40% | 4.88% | 0.81x | 3.41x | TL877.41 Million |
| 2017 | 16.38% | 4.97% | 0.95x | 3.47x | TL1.91 Billion |
| 2018 | 16.64% | 3.87% | 1.14x | 3.76x | TL2.21 Billion |
| 2019 | 12.10% | 2.86% | 1.01x | 4.17x | TL762.95 Million |
| 2020 | 20.01% | 5.05% | 0.29x | 13.60x | TL4.64 Billion |
| 2021 | 23.87% | 4.38% | 0.34x | 16.04x | TL8.83 Billion |
| 2022 | 46.74% | 7.74% | 0.57x | 10.60x | TL54.87 Billion |
| 2023 | 26.73% | 4.67% | 0.81x | 7.06x | TL67.70 Billion |
| 2024 | 0.25% | 0.06% | 0.59x | 7.39x | TL-51.56 Billion |
Industry Comparison
This section compares Koc Holding AS's net assets metrics with peer companies in the Conglomerates industry.
Industry Context
- Industry: Conglomerates
- Average net assets among peers: $34,932,716,290,797
- Average return on equity (ROE) among peers: 2.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Koc Holding AS (KCHOL) | TL1.04 Trillion | 6.61% | 3.91x | $10.21 Billion |
| AG Anadolu Group Holding (AGHOL) | $17.43 Billion | -0.75% | 1.18x | $626.55 Million |
| AGROT (AGROT) | $471.59 Million | 3.65% | 0.45x | $5.12 Million |
| Alarko Holding AS (ALARK) | $349.27 Trillion | 0.00% | 2.03x | $413.66 Million |
| Bera Holding AS (BERA) | $25.86 Billion | 3.08% | 0.30x | $4.95K |
| BINHO (BINHO) | $6.33 Billion | 0.00% | 0.30x | $64.70 Million |
| Berkosan Yalitim ve Tecrit Maddeleri Uretim ve Ticaret AS (BRKSN) | $2.92 Million | 0.00% | 1.97x | $16.53 Million |
| Dogan Sirketler Grubu Holding AS (DOHOL) | $3.00 Billion | -15.72% | 2.09x | $547.17 Million |
| Eczacibasi Yatirim Holding Ortakligi AS (ECZYT) | $424.68 Million | 4.10% | 0.02x | $160.94 Million |
| Federal Mogul Izmit Piston ve Pim Uretim Tesisleri AS (FMIZP) | $25.77 Million | 20.72% | 0.09x | $26.62 Million |
| Global Yatirim Holding AS (GLYHO) | $143.23 Million | 8.80% | 0.65x | $527.29 Million |