Kuyas Yatirim AS Net Assets
Kuyas Yatirim AS net assets. Based on the latest financial reports, Kuyas Yatirim AS (KUYAS) has net assets worth TL627.84 Million TRY (≈ $14.06 Million USD) as of June 2023. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL792.12 Million ≈ $17.74 Million USD) and total liabilities (TL164.29 Million ≈ $3.68 Million 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. See how leveraged is Kuyas Yatirim AS's balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL627.84 Million |
| % of Total Assets | 79.26% |
| Annual Growth Rate | N/A |
| 5-Year Change | 572.76% |
| 10-Year Change | 539.08% |
| Growth Volatility | 61.48 |
Net Assets of Kuyas Yatirim AS (2008–2022)
Net assets of Kuyas Yatirim AS from 2008 to 2022. This chart illustrates how Kuyas Yatirim AS's net assets have evolved over time, based on quarterly financial data. Also explore Kuyas Yatirim AS equity growth rate to track the company's year-over-year net asset growth rate.
Annual Net Assets for Kuyas Yatirim AS (2008–2022)
The table below shows the annual net assets of Kuyas Yatirim AS from 2008 to 2022. For live market cap and overall valuation, see Kuyas Yatirim AS market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | TL531.02 Million ≈ $11.89 Million |
+85.71% |
| 2021-12-31 | TL285.94 Million ≈ $6.40 Million |
+66.48% |
| 2020-12-31 | TL171.76 Million ≈ $3.85 Million |
+211.69% |
| 2019-12-31 | TL55.11 Million ≈ $1.23 Million |
-30.19% |
| 2018-12-31 | TL78.93 Million ≈ $1.77 Million |
+4.59% |
| 2017-12-31 | TL75.47 Million ≈ $1.69 Million |
-16.92% |
| 2016-12-31 | TL90.84 Million ≈ $2.03 Million |
+0.27% |
| 2015-12-31 | TL90.59 Million ≈ $2.03 Million |
+10.85% |
| 2014-12-31 | TL81.72 Million ≈ $1.83 Million |
-1.65% |
| 2013-12-31 | TL83.09 Million ≈ $1.86 Million |
+39.11% |
| 2012-12-31 | TL59.73 Million ≈ $1.34 Million |
-17.50% |
| 2011-12-31 | TL72.40 Million ≈ $1.62 Million |
+35.45% |
| 2010-12-31 | TL53.45 Million ≈ $1.20 Million |
+5.37% |
| 2009-12-31 | TL50.72 Million ≈ $1.14 Million |
+1122.23% |
| 2008-12-31 | TL-4.96 Million ≈ $-111.14K |
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Equity Component Analysis
This analysis shows how different components contribute to Kuyas Yatirim 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 541.3% over the analyzed period, indicating profitable operations and earnings retention.
Kuyas Yatirim AS Net Assets Breakdown (December 2022)
Kuyas Yatirim AS net assets breakdown by equity component as of December 2022.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL322.09 Million | 60.66% |
| Common Stock | TL100.00 Million | 18.83% |
| Other Components | TL108.92 Million | 20.51% |
| Total Equity | TL531.02 Million | 100.00% |
Kuyas Yatirim AS Competitors by Market Cap
The table below lists competitors of Kuyas Yatirim AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Delta Lithium Ltd
AU:DLI
|
$78.67 Million |
|
Song Shang Electronics Co Ltd
TWO:6156
|
$78.68 Million |
|
Her Chee Industrial Co Ltd
TWO:8937
|
$78.68 Million |
|
Kervansaray Yatirim Holding AS
IS:KERVN
|
$78.69 Million |
|
Jasa Armada Indonesia Tbk PT
JK:IPCM
|
$78.66 Million |
|
Brompton Lifeco Split Corp
TO:LCS
|
$78.64 Million |
|
Ispire Technology Inc. Common Stock
NASDAQ:ISPR
|
$78.64 Million |
|
Associated Capital Group Inc
NYSE:AC
|
$78.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kuyas Yatirim AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 285,938,309 to 531,016,073, a change of 245,077,764 (85.7%).
- Net income of 231,194,386 contributed positively to equity growth.
- Share repurchases of 23,993,288 reduced equity.
- Other factors increased equity by 37,876,666.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL231.19 Million | +43.54% |
| Share Repurchases | TL23.99 Million | -4.52% |
| Other Changes | TL37.88 Million | +7.13% |
| Total Change | TL- | 85.71% |
Book Value vs Market Value Analysis
This analysis compares Kuyas Yatirim 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: 1.59x
- 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 5.38x to 1.59x 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 | TL1.63 | TL8.78 | x |
| 2020-12-31 | TL1.72 | TL8.78 | x |
| 2021-12-31 | TL2.91 | TL8.78 | x |
| 2022-12-31 | TL5.53 | TL8.78 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kuyas Yatirim 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): 43.54%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 95.06%
- • Asset Turnover: 0.34x
- • Equity Multiplier: 1.35x
- Recent ROE (43.54%) is above the historical average (3.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 13.03% | 14.53% | 0.36x | 2.46x | TL2.51 Million |
| 2014 | -0.52% | -0.90% | 0.25x | 2.30x | TL-8.60 Million |
| 2015 | 0.64% | 1.62% | 0.20x | 2.03x | TL-8.48 Million |
| 2016 | 0.29% | 1.20% | 0.10x | 2.55x | TL-8.82 Million |
| 2017 | -19.16% | -42.26% | 0.14x | 3.20x | TL-21.96 Million |
| 2018 | -9.96% | -21.65% | 0.15x | 3.13x | TL-15.69 Million |
| 2019 | -44.77% | -143.03% | 0.09x | 3.53x | TL-30.18 Million |
| 2020 | 5.75% | 148.14% | 0.02x | 1.63x | TL-7.30 Million |
| 2021 | 44.52% | 177.11% | 0.17x | 1.51x | TL98.70 Million |
| 2022 | 43.54% | 95.06% | 0.34x | 1.35x | TL178.09 Million |
Industry Comparison
This section compares Kuyas Yatirim AS's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $85,317,000
- Average return on equity (ROE) among peers: 0.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kuyas Yatirim AS (KUYAS) | TL627.84 Million | 13.03% | 0.26x | $78.66 Million |
| Ufuk Yatirim Yonetim Ve Gayrimenkul AS (UFUK) | $85.32 Million | 0.00% | 2.86x | $113.16 Million |
About Kuyas Yatirim AS
Kuyas Yatirim A.S. operates as a real estate development company in Turkey. It constructs projects, such as hotels, additional workshop units, exhibition and conference areas, gold exchange building, parking area, and training area. The company was incorporated in 2005 and is headquartered in Istanbul, Turkey.