KOC METALURJI
Koç Metalürji Anonim Sirketi engages in the production and sales of metal billets, ribbed reinforced concrete bars, and construction iron in Turkey. Its products include steel rebar, steel billet, and ribbed steel rebar for construction industry. The company was formerly known as Koç Haddecilik Tekstil Insaat Sanayi ve Ticaret A.S. and changes its name to Koç Metalürji Anonim Sirketi in June 2016… Read more
KOC METALURJI (KOCMT) - Net Assets
Latest net assets as of September 2024: TL9.31 Billion TRY
Based on the latest financial reports, KOC METALURJI (KOCMT) has net assets worth TL9.31 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL11.38 Billion) and total liabilities (TL2.07 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 | TL9.31 Billion |
| % of Total Assets | 81.81% |
| Annual Growth Rate | 25.67% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 26.92 |
KOC METALURJI - Net Assets Trend (2021–2023)
This chart illustrates how KOC METALURJI'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 METALURJI (2021–2023)
The table below shows the annual net assets of KOC METALURJI from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL5.04 Billion | +1.58% |
| 2022-12-31 | TL4.96 Billion | +55.42% |
| 2021-12-31 | TL3.19 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to KOC METALURJI'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 246.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL2.61 Billion | 51.69% |
| Common Stock | TL350.00 Million | 6.94% |
| Other Components | TL2.09 Billion | 41.37% |
| Total Equity | TL5.04 Billion | 100.00% |
KOC METALURJI Competitors by Market Cap
The table below lists competitors of KOC METALURJI ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HY Electronic Cayman Ltd
TW:6573
|
$19.79 Million |
|
CleanTech Lithium Plc
OTCQX:CTLHF
|
$19.80 Million |
|
GMM Grammy Public Company Limited
BK:GRAMMY
|
$19.80 Million |
|
Herald Holdings Limited
STU:HH3
|
$19.80 Million |
|
Berjaya Food Bhd
KLSE:5196
|
$19.79 Million |
|
Warimpex Finanz- und Beteiligungs AG
VI:WXF
|
$19.79 Million |
|
Poujoulat S.A.
PA:ALPJT
|
$19.78 Million |
|
Foncière Volta
PA:SPEL
|
$19.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KOC METALURJI's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 4,964,206,283 to 5,042,527,600, a change of 78,321,317 (1.6%).
- Net income of 79,070,821 contributed positively to equity growth.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL79.07 Million | +1.57% |
| Other Changes | TL-749.50K | -0.01% |
| Total Change | TL- | 1.58% |
Book Value vs Market Value Analysis
This analysis compares KOC METALURJI'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: 0.22x
- 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 0.35x to 0.22x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | TL7.02 | TL2.45 | x |
| 2022-12-31 | TL10.91 | TL2.45 | x |
| 2023-12-31 | TL11.08 | TL2.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KOC METALURJI 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): 1.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.72%
- • Asset Turnover: 1.51x
- • Equity Multiplier: 1.44x
- Recent ROE (1.57%) is below the historical average (20.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 24.31% | 4.32% | 3.64x | 1.55x | TL457.16 Million |
| 2022 | 35.77% | 16.18% | 1.42x | 1.56x | TL1.28 Billion |
| 2023 | 1.57% | 0.72% | 1.51x | 1.44x | TL-425.18 Million |
Industry Comparison
This section compares KOC METALURJI's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $550,410,478
- Average return on equity (ROE) among peers: 10.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KOC METALURJI (KOCMT) | TL9.31 Billion | 24.31% | 0.22x | $19.79 Million |
| Burcelik Vana Sanayi ve Ticaret AS (BURVA) | $7.70 Million | 0.00% | 0.52x | $95.26 Million |
| Celik Halat ve Tel Sanayi AS (CELHA) | $34.61 Million | 22.61% | 1.89x | $20.57 Million |
| Cemas Dokum Sanayi AS (CEMAS) | $12.72 Million | 0.00% | 0.74x | $64.68 Million |
| Demisas Dokum Emaye Mamulleri Sanayi AS (DMSAS) | $61.06 Million | 8.74% | 2.76x | $28.83 Million |
| Erbosan Erciyas Boru Sanayi Ve Ticaret AS (ERBOS) | $665.67 Million | 29.49% | 0.64x | $91.44 Million |
| KIRAC GALVANIZ (TCKRC) | $3.05 Billion | 14.14% | 0.25x | $54.14 Million |
| Tugcelik Aluminyum ve Metal (TUCLK) | $23.79 Million | 0.00% | 2.45x | $12.60 Million |