Marmaris Altinyunus Turistik Tesisleri AS
Marmaris Altinyunus Turistik Tesisler A.S. engages in hotels and tourism services in Turkey. It operates tourist hotels in Antalya and Marmaris, as well as leases tourist facilities. The company was incorporated in 1986 and is based in Antalya, Turkey.
Marmaris Altinyunus Turistik Tesisleri AS (MAALT) - Net Assets
Latest net assets as of September 2025: TL3.15 Billion TRY
Based on the latest financial reports, Marmaris Altinyunus Turistik Tesisleri AS (MAALT) has net assets worth TL3.15 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.91 Billion) and total liabilities (TL759.63 Million). 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 | TL3.15 Billion |
| % of Total Assets | 80.58% |
| Annual Growth Rate | 20.94% |
| 5-Year Change | 2285.69% |
| 10-Year Change | 4276.12% |
| Growth Volatility | 186.67 |
Marmaris Altinyunus Turistik Tesisleri AS - Net Assets Trend (2004–2024)
This chart illustrates how Marmaris Altinyunus Turistik Tesisleri 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 Marmaris Altinyunus Turistik Tesisleri AS (2004–2024)
The table below shows the annual net assets of Marmaris Altinyunus Turistik Tesisleri AS from 2004 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.50 Billion | +36.05% |
| 2023-12-31 | TL1.84 Billion | +863.30% |
| 2022-12-31 | TL190.82 Million | +28.16% |
| 2021-12-31 | TL148.89 Million | +42.04% |
| 2020-12-31 | TL104.82 Million | +18.94% |
| 2019-12-31 | TL88.13 Million | +24.21% |
| 2018-12-31 | TL70.96 Million | +22.96% |
| 2017-12-31 | TL57.71 Million | +4.40% |
| 2016-12-31 | TL55.27 Million | -3.28% |
| 2015-12-31 | TL57.15 Million | +6.05% |
| 2014-12-31 | TL53.89 Million | +5.73% |
| 2013-12-31 | TL50.97 Million | +0.15% |
| 2012-12-31 | TL50.89 Million | +6.92% |
| 2011-12-31 | TL47.60 Million | +9.54% |
| 2010-12-31 | TL43.45 Million | +5.65% |
| 2009-12-31 | TL41.13 Million | +2.03% |
| 2008-12-31 | TL40.31 Million | -2.64% |
| 2007-12-31 | TL41.40 Million | -8.44% |
| 2006-12-31 | TL45.21 Million | -12.48% |
| 2005-12-31 | TL51.66 Million | -7.40% |
| 2004-12-31 | TL55.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marmaris Altinyunus Turistik Tesisleri 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 81496160700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL3.32 Billion | 132.59% |
| Total Equity | TL2.50 Billion | 100.00% |
Marmaris Altinyunus Turistik Tesisleri AS Competitors by Market Cap
The table below lists competitors of Marmaris Altinyunus Turistik Tesisleri AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Leo Lithium Limited
PINK:LLLAF
|
$48.19 Million |
|
NL Industries Inc
NYSE:NL
|
$48.20 Million |
|
Citizens Bancshares Corp
PINK:CZBS
|
$48.22 Million |
|
PADAUK Technology Co. Ltd
TWO:6716
|
$48.23 Million |
|
Plastron Precision Co Ltd
TWO:6185
|
$48.19 Million |
|
CrystalGenomics Inc
KQ:083790
|
$48.18 Million |
|
Zhejiang Taimei Medical Technology Co., Ltd.
F:A2V
|
$48.17 Million |
|
Ramayana Lestari Sentosa Tbk
JK:RALS
|
$48.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marmaris Altinyunus Turistik Tesisleri AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,838,162,998 to 2,500,733,054, a change of 662,570,056 (36.0%).
- Net loss of 119,475,415 reduced equity.
- Other factors increased equity by 782,045,471.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-119.48 Million | -4.78% |
| Other Changes | TL782.05 Million | +31.27% |
| Total Change | TL- | 36.05% |
Book Value vs Market Value Analysis
This analysis compares Marmaris Altinyunus Turistik Tesisleri 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: 2.91x
- 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 95.24x to 2.91x 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 | TL10.97 | TL1045.00 | x |
| 2018-12-31 | TL13.49 | TL1045.00 | x |
| 2019-12-31 | TL16.77 | TL1045.00 | x |
| 2020-12-31 | TL19.95 | TL1045.00 | x |
| 2021-12-31 | TL28.33 | TL1045.00 | x |
| 2022-12-31 | TL36.31 | TL1045.00 | x |
| 2023-12-31 | TL263.84 | TL1045.00 | x |
| 2024-12-31 | TL358.94 | TL1045.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marmaris Altinyunus Turistik Tesisleri 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): -4.78%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -301.14%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.17x
- Recent ROE (-4.78%) is below the historical average (9.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 8.71% | 24.16% | 0.32x | 1.13x | TL-612.70K |
| 2012 | 6.47% | 25.32% | 0.23x | 1.12x | TL-1.80 Million |
| 2013 | 2.00% | 15.79% | 0.12x | 1.03x | TL-4.08 Million |
| 2014 | 5.43% | 53.95% | 0.10x | 1.02x | TL-2.46 Million |
| 2015 | 5.72% | 48.39% | 0.11x | 1.04x | TL-2.45 Million |
| 2016 | 1.71% | 39.50% | 0.04x | 1.14x | TL-4.58 Million |
| 2017 | 4.22% | 38.15% | 0.09x | 1.18x | TL-3.33 Million |
| 2018 | 18.79% | 294.61% | 0.03x | 2.13x | TL6.23 Million |
| 2019 | 19.50% | 351.74% | 0.03x | 1.87x | TL8.37 Million |
| 2020 | 15.93% | 339.60% | 0.03x | 1.68x | TL6.21 Million |
| 2021 | 29.59% | 903.11% | 0.02x | 1.50x | TL29.17 Million |
| 2022 | 21.97% | 873.73% | 0.02x | 1.55x | TL22.84 Million |
| 2023 | -2.85% | -139.86% | 0.02x | 1.18x | TL-236.12 Million |
| 2024 | -4.78% | -301.14% | 0.01x | 1.17x | TL-369.55 Million |
Industry Comparison
This section compares Marmaris Altinyunus Turistik Tesisleri AS's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $213,536,903
- Average return on equity (ROE) among peers: 16.81%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marmaris Altinyunus Turistik Tesisleri AS (MAALT) | TL3.15 Billion | 8.71% | 0.24x | $48.19 Million |
| Kustur Kusadasi Turizm Endustrisi AS (KSTUR) | $64.01 Million | 25.73% | 0.05x | $70.57 Million |
| Marti Otel Isletmeleri AS (MARTI) | $503.78 Million | -9.67% | 0.98x | $16.86 Million |
| Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) | $170.86 Million | 1.73% | 0.06x | $93.03 Million |
| Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS (ULAS) | $115.50 Million | 49.47% | 0.23x | $21.62 Million |