KOTON MAGAZACILIK
Koton Magazacilik Tekstil Sanayi ve Ticaret A.S. engages in the design, manufacture, and sale of textile products in Turkey and internationally. The company offers dresses, sweatshirts, t-shirts, pants, skirts, shirts, blouses, crops, knitwear, cardigans, tank tops, shorts, vests, jackets, leggings, jeans, outerwear, joggers, trousers, sweatshirts, swimsuits, sweatbottoms, sweaters, underwear, bo… Read more
KOTON MAGAZACILIK (KOTON) - Net Assets
Latest net assets as of June 2024: TL6.53 Billion TRY
Based on the latest financial reports, KOTON MAGAZACILIK (KOTON) has net assets worth TL6.53 Billion TRY as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL16.70 Billion) and total liabilities (TL10.17 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 | TL6.53 Billion |
| % of Total Assets | 39.1% |
| Annual Growth Rate | 97.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 325.12 |
KOTON MAGAZACILIK - Net Assets Trend (2019–2023)
This chart illustrates how KOTON MAGAZACILIK 's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for KOTON MAGAZACILIK (2019–2023)
The table below shows the annual net assets of KOTON MAGAZACILIK from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL4.04 Billion | +33.62% |
| 2022-12-31 | TL3.02 Billion | +38.09% |
| 2021-12-31 | TL2.19 Billion | +725.54% |
| 2019-12-31 | TL264.92 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to KOTON MAGAZACILIK '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 161347625200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.54 Billion | 38.16% |
| Common Stock | TL795.50 Million | 19.71% |
| Other Comprehensive Income | TL1.70 Billion | 42.13% |
| Total Equity | TL4.04 Billion | 100.00% |
KOTON MAGAZACILIK Competitors by Market Cap
The table below lists competitors of KOTON MAGAZACILIK ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CORESTEM Inc
KQ:166480
|
$45.97 Million |
|
Readytech Holdings Ltd
AU:RDY
|
$45.98 Million |
|
M.I.TECH Co.Ltd
KQ:179290
|
$45.98 Million |
|
MS Autotech Co.Ltd
KQ:123040
|
$46.00 Million |
|
Comtec Sys
KO:031820
|
$45.97 Million |
|
PRICELINE.COM
BE:PCE1
|
$45.95 Million |
|
Top Frontier Investment Holdings Inc
OTCGREY:TPHIF
|
$45.95 Million |
|
Kabe Group AB Series B
LSE:0L9Z
|
$45.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in KOTON MAGAZACILIK 's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,019,989,133 to 4,035,451,741, a change of 1,015,462,608 (33.6%).
- Net income of 1,804,574,796 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,700,176,560.
- Other factors decreased equity by 2,489,288,748.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.80 Billion | +44.72% |
| Other Comprehensive Income | TL1.70 Billion | +42.13% |
| Other Changes | TL-2.49 Billion | -61.69% |
| Total Change | TL- | 33.62% |
Book Value vs Market Value Analysis
This analysis compares KOTON MAGAZACILIK '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: 2.94x
- 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 7.36x to 2.94x 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 | TL2.02 | TL14.91 | x |
| 2021-12-31 | TL2.64 | TL14.91 | x |
| 2022-12-31 | TL3.64 | TL14.91 | x |
| 2023-12-31 | TL5.07 | TL14.91 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently KOTON MAGAZACILIK 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): 44.72%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.50%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 3.04x
- Recent ROE (44.72%) is above the historical average (18.75%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -64.55% | -4.38% | 1.05x | 14.02x | TL-197.49 Million |
| 2021 | 36.95% | 5.62% | 1.11x | 5.94x | TL589.30 Million |
| 2022 | 57.88% | 10.91% | 1.24x | 4.28x | TL1.45 Billion |
| 2023 | 44.72% | 10.50% | 1.40x | 3.04x | TL1.40 Billion |
Industry Comparison
This section compares KOTON MAGAZACILIK 's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $537,069,041
- Average return on equity (ROE) among peers: 6.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| KOTON MAGAZACILIK (KOTON) | TL6.53 Billion | -64.55% | 1.56x | $45.97 Million |
| Atlantis Yatirim Holding AS (ATSYH) | $2.41 Million | -7.11% | 3.42x | $11.82 Million |
| Dagi Giyim Sanayi ve Ticaret AS (DAGI) | $60.48 Million | 6.58% | 0.55x | $24.33 Million |
| Derluks Yatirim Holding AS (DERHL) | $75.45 Million | 9.78% | 0.28x | $47.13 Million |
| Rodrigo Tekstil Sanayi ve Ticaret AS (RODRG) | $820.00K | 0.00% | 5.11x | $8.15 Million |
| Sun Tekstil Sanayi ve Ticaret A.S. (SUNTK) | $3.30 Billion | 10.36% | 0.72x | $61.74 Million |
| Suwen Tekstil Sanayi Pazarlama AS (SUWEN) | $-821.35K | 0.00% | 0.00x | $74.10 Million |
| Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (VAKKO) | $324.14 Million | 25.87% | 2.46x | $53.10 Million |