Kustur Kusadasi Turizm Endustrisi AS (KSTUR) - Net Assets
Based on the latest financial reports, Kustur Kusadasi Turizm Endustrisi AS (KSTUR) has net assets worth TL622.51 Million TRY (≈ $13.94 Million USD) as of December 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL649.59 Million ≈ $14.55 Million USD) and total liabilities (TL27.08 Million ≈ $606.60K 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. Check financial resilience of Kustur Kusadasi Turizm Endustrisi AS to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL622.51 Million |
| % of Total Assets | 95.83% |
| Annual Growth Rate | 67.18% |
| 5-Year Change | 1260.03% |
| 10-Year Change | N/A |
| Growth Volatility | 190.73 |
Kustur Kusadasi Turizm Endustrisi AS - Net Assets Trend (2019–2024)
This chart illustrates how Kustur Kusadasi Turizm Endustrisi AS's net assets have evolved over time, based on quarterly financial data. Also explore Kustur Kusadasi Turizm Endustrisi AS (KSTUR) total assets for the complete picture of this company's asset base.
Annual Net Assets for Kustur Kusadasi Turizm Endustrisi AS (2019–2024)
The table below shows the annual net assets of Kustur Kusadasi Turizm Endustrisi AS from 2019 to 2024. For live valuation and market cap data, see KSTUR stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL644.65 Million ≈ $14.44 Million |
+3.56% |
| 2023-12-31 | TL622.51 Million ≈ $13.94 Million |
+497.50% |
| 2022-12-31 | TL104.19 Million ≈ $2.33 Million |
+62.77% |
| 2021-12-31 | TL64.01 Million ≈ $1.43 Million |
+35.04% |
| 2020-12-31 | TL47.40 Million ≈ $1.06 Million |
-3.87% |
| 2019-12-31 | TL49.31 Million ≈ $1.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kustur Kusadasi Turizm Endustrisi 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 700.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL301.69 Million | 46.80% |
| Other Components | TL342.96 Million | 53.20% |
| Total Equity | TL644.65 Million | 100.00% |
Kustur Kusadasi Turizm Endustrisi AS Competitors by Market Cap
The table below lists competitors of Kustur Kusadasi Turizm Endustrisi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Intracom Holdings S.A.
AT:INTRK
|
$294.59 Million |
|
Lagenda Properties Bhd
KLSE:7179
|
$294.68 Million |
|
MEDI ASSIST HEALTHCARE SERVICES LIMITED
NSE:MEDIASSIST
|
$294.79 Million |
|
NACCO Industries Inc
NYSE:NC
|
$294.81 Million |
|
Maithan Alloys Limited
NSE:MAITHANALL
|
$294.25 Million |
|
Viva Wine Group AB
ST:VIVA
|
$294.20 Million |
|
Pss Co Ltd
TW:6914
|
$294.19 Million |
|
Ho Tung Chemical Corp
TW:1714
|
$294.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kustur Kusadasi Turizm Endustrisi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 622,510,508 to 644,652,906, a change of 22,142,398 (3.6%).
- Net income of 71,722,318 contributed positively to equity growth.
- Other factors decreased equity by 49,579,920.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL71.72 Million | +11.13% |
| Other Changes | TL-49.58 Million | -7.69% |
| Total Change | TL- | 3.56% |
Book Value vs Market Value Analysis
This analysis compares Kustur Kusadasi Turizm Endustrisi 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: 20.39x
- 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 266.64x to 20.39x 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 | TL11.62 | TL3097.50 | x |
| 2020-12-31 | TL11.17 | TL3097.50 | x |
| 2021-12-31 | TL15.08 | TL3097.50 | x |
| 2022-12-31 | TL24.55 | TL3097.50 | x |
| 2023-12-31 | TL146.66 | TL3097.50 | x |
| 2024-12-31 | TL151.88 | TL3097.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kustur Kusadasi Turizm Endustrisi 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): 11.13%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.45%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.04x
- Recent ROE (11.13%) is below the historical average (26.65%), 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 | 28.47% | 36.46% | 0.73x | 1.07x | TL9.11 Million |
| 2020 | 3.09% | 35.29% | 0.08x | 1.05x | TL-3.28 Million |
| 2021 | 25.73% | 83.00% | 0.30x | 1.05x | TL10.07 Million |
| 2022 | 54.40% | 54.81% | 0.79x | 1.26x | TL46.26 Million |
| 2023 | 37.06% | 61.70% | 0.58x | 1.04x | TL168.45 Million |
| 2024 | 11.13% | 19.45% | 0.55x | 1.04x | TL7.26 Million |
Industry Comparison
This section compares Kustur Kusadasi Turizm Endustrisi AS's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,200,452,717
- Average return on equity (ROE) among peers: -31.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kustur Kusadasi Turizm Endustrisi AS (KSTUR) | TL622.51 Million | 28.47% | 0.04x | $294.47 Million |
| Marmaris Altinyunus Turistik Tesisleri AS (MAALT) | $50.89 Million | 6.47% | 0.12x | $261.24 Million |
| Marti Otel Isletmeleri AS (MARTI) | $88.28 Million | -117.20% | 10.89x | $23.60 Million |
| Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) | $4.65 Billion | -8.45% | 0.33x | $77.92 Million |
| Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS (ULAS) | $14.23 Million | -7.39% | 1.22x | $15.52 Million |
About Kustur Kusadasi Turizm Endustrisi AS
Kustur Kusadasi Turizm Endüstrisi A.S. operates bungalows, villas, studios in turkey. It also operates hostel blocks, hotels, motel rooms and similar tourist residence units, as well as buy and sell all kinds of touristic commodities. The company was incorporated in 1966 and is headquartered in Aydin, Turkey.