Mackolik Internet Hizmetleri Ticaret A.S. (MACKO) - Net Assets
Based on the latest financial reports, Mackolik Internet Hizmetleri Ticaret A.S. (MACKO) has net assets worth TL691.44 Million TRY (≈ $15.49 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL913.19 Million ≈ $20.45 Million USD) and total liabilities (TL221.75 Million ≈ $4.97 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. Check Mackolik Internet Hizmetleri Ticaret A.S (MACKO) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL691.44 Million |
| % of Total Assets | 75.72% |
| Annual Growth Rate | 44.34% |
| 5-Year Change | 559.13% |
| 10-Year Change | N/A |
| Growth Volatility | 62.68 |
Mackolik Internet Hizmetleri Ticaret A.S. - Net Assets Trend (2020–2025)
This chart illustrates how Mackolik Internet Hizmetleri Ticaret A.S.'s net assets have evolved over time, based on quarterly financial data. See Mackolik Internet Hizmetleri Ticaret A.S defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Mackolik Internet Hizmetleri Ticaret A.S. (2020–2025)
The table below shows the annual net assets of Mackolik Internet Hizmetleri Ticaret A.S. from 2020 to 2025. For live valuation and market cap data, see how much is Mackolik Internet Hizmetleri Ticaret A.S worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL691.44 Million ≈ $15.49 Million |
+17.47% |
| 2024-12-31 | TL588.60 Million ≈ $13.18 Million |
+33.23% |
| 2023-12-31 | TL441.79 Million ≈ $9.89 Million |
+53.70% |
| 2022-12-31 | TL287.43 Million ≈ $6.44 Million |
+174.00% |
| 2021-12-31 | TL104.90 Million ≈ $2.35 Million |
-4.98% |
| 2020-12-31 | TL110.40 Million ≈ $2.47 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Mackolik Internet Hizmetleri Ticaret A.S.'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 464.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL594.28 Million | 85.95% |
| Other Components | TL97.16 Million | 14.05% |
| Total Equity | TL691.44 Million | 100.00% |
Mackolik Internet Hizmetleri Ticaret A.S. Competitors by Market Cap
The table below lists competitors of Mackolik Internet Hizmetleri Ticaret A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shinhung
KO:004080
|
$87.43 Million |
|
Da Ming International Holdings Limited
F:DM7
|
$87.43 Million |
|
Cavatina Holding S.A.
WAR:CAV
|
$87.47 Million |
|
DENARIUS METALS CORP.
F:T7C0
|
$87.53 Million |
|
Apetit Oyj
HE:APETIT
|
$87.37 Million |
|
Tex Year Industries Inc
TW:4720
|
$87.31 Million |
|
Tonymoly Co Ltd
KO:214420
|
$87.31 Million |
|
Eurofins-Cerep SA
PA:ALECR
|
$87.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mackolik Internet Hizmetleri Ticaret A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 588,596,555 to 691,439,107, a change of 102,842,552 (17.5%).
- Net income of 321,560,316 contributed positively to equity growth.
- Dividend payments of 123,405,083 reduced retained earnings.
- Share repurchases of 105,737,436 reduced equity.
- Other factors increased equity by 10,424,755.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL321.56 Million | +46.51% |
| Dividends Paid | TL123.41 Million | -17.85% |
| Share Repurchases | TL105.74 Million | -15.29% |
| Other Changes | TL10.42 Million | +1.51% |
| Total Change | TL- | 17.47% |
Book Value vs Market Value Analysis
This analysis compares Mackolik Internet Hizmetleri Ticaret A.S.'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: 5.64x
- 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 8.84x to 5.64x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL4.42 | TL39.02 | x |
| 2021-12-31 | TL1.05 | TL39.02 | x |
| 2022-12-31 | TL2.87 | TL39.02 | x |
| 2023-12-31 | TL4.42 | TL39.02 | x |
| 2024-12-31 | TL5.89 | TL39.02 | x |
| 2025-12-31 | TL6.91 | TL39.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mackolik Internet Hizmetleri Ticaret A.S. 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): 46.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.24%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 1.32x
- Recent ROE (46.51%) is below the historical average (50.19%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 27.07% | 90.77% | 0.26x | 1.17x | TL18.85 Million |
| 2021 | 81.55% | 75.14% | 0.90x | 1.21x | TL75.05 Million |
| 2022 | 39.46% | 33.18% | 1.03x | 1.16x | TL84.67 Million |
| 2023 | 49.79% | 40.49% | 0.99x | 1.25x | TL175.77 Million |
| 2024 | 56.80% | 36.62% | 1.30x | 1.20x | TL275.46 Million |
| 2025 | 46.51% | 29.24% | 1.20x | 1.32x | TL252.42 Million |
Industry Comparison
This section compares Mackolik Internet Hizmetleri Ticaret A.S.'s net assets metrics with peer companies in the Internet Content & Information industry.
No peer company data available for comparison.
About Mackolik Internet Hizmetleri Ticaret A.S.
Mackolik Internet Hizmetleri Ticaret A.S. operates sports websites in Turkey, Netherlands, and France. It offers sports news for football, basketball, tennis, and others, as well as free games on its website. The company generates advertising revenues through its own mobile applications and websites; and provides software programs and services. The company was incorporated in 2001 and is headquar… Read more