Tureks Turunc Madencilik Ic ve Dis Ticaret A.S.
Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. produces and sells marble tiles, mosaics, water jets, tiles, and boarders Turkey and internationally. It also involved in extraction of natural stone from marble quarries, cutting, shaping, and surface treatment; foreign trade business; manufacturing and sales of products made of ceramics; managing natural gas trade; logistics; and warehousing. The … Read more
Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. (MARBL) - Net Assets
Latest net assets as of December 2023: TL1.45 Billion TRY
Based on the latest financial reports, Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. (MARBL) has net assets worth TL1.45 Billion TRY as of December 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL2.39 Billion) and total liabilities (TL940.52 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 | TL1.45 Billion |
| % of Total Assets | 60.67% |
| Annual Growth Rate | 143.26% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 47.07 |
Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. - Net Assets Trend (2020–2023)
This chart illustrates how Tureks Turunc Madencilik Ic ve Dis Ticaret A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. (2020–2023)
The table below shows the annual net assets of Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.45 Billion | +209.20% |
| 2022-12-31 | TL469.26 Million | +95.01% |
| 2021-12-31 | TL240.63 Million | +138.30% |
| 2020-12-31 | TL100.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tureks Turunc Madencilik Ic ve Dis 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 19231444700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL165.70 Million | 11.42% |
| Other Components | TL1.29 Billion | 88.58% |
| Total Equity | TL1.45 Billion | 100.00% |
Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. Competitors by Market Cap
The table below lists competitors of Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Minupar Participações S.A
SA:MNPR3
|
$10.86 Million |
|
OriginClear Inc
PINK:OCLN
|
$10.87 Million |
|
Willamette Valley Vineyards Inc
NASDAQ:WVVI
|
$10.87 Million |
|
Ponni Sugars (Erode) Limited
NSE:PONNIERODE
|
$10.88 Million |
|
Eyesvision Corp
KQ:031310
|
$10.85 Million |
|
Secova Metals Corp
OTCQB:SEKZF
|
$10.85 Million |
|
Nasus Pharma Ltd.
NYSE MKT:NSRX
|
$10.85 Million |
|
SILVER DOLLAR RES
F:4YW
|
$10.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tureks Turunc Madencilik Ic ve Dis Ticaret A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 469,264,118 to 1,450,954,801, a change of 981,690,683 (209.2%).
- Net income of 129,040,142 contributed positively to equity growth.
- New share issuances of 501,745,800 increased equity.
- Other factors increased equity by 350,904,741.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL129.04 Million | +8.89% |
| Share Issuances | TL501.75 Million | +34.58% |
| Other Changes | TL350.90 Million | +24.18% |
| Total Change | TL- | 209.20% |
Book Value vs Market Value Analysis
This analysis compares Tureks Turunc Madencilik Ic ve Dis 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: 1.84x
- 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 45.63x to 1.84x 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 | TL0.26 | TL11.68 | x |
| 2021-12-31 | TL0.79 | TL11.68 | x |
| 2022-12-31 | TL2.05 | TL11.68 | x |
| 2023-12-31 | TL6.35 | TL11.68 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tureks Turunc Madencilik Ic ve Dis 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): 8.89%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.79%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.65x
- Recent ROE (8.89%) is above the historical average (3.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -11.39% | -2.14% | 0.77x | 6.88x | TL-12.52 Million |
| 2021 | 5.66% | 1.89% | 0.69x | 4.34x | TL-7.80 Million |
| 2022 | 11.42% | 4.61% | 0.91x | 2.71x | TL6.66 Million |
| 2023 | 8.89% | 7.79% | 0.69x | 1.65x | TL-16.06 Million |
Industry Comparison
This section compares Tureks Turunc Madencilik Ic ve Dis Ticaret A.S.'s net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $7,271,771,174,984
- Average return on equity (ROE) among peers: 6.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tureks Turunc Madencilik Ic ve Dis Ticaret A.S. (MARBL) | TL1.45 Billion | -11.39% | 0.65x | $10.86 Million |
| Afyon Cimento Sanayi TAS (AFYON) | $228.86 Million | 23.60% | 2.45x | $95.95 Million |
| Akcansa Cimento Sanayi ve Ticaret AS (AKCNS) | $3.67 Billion | 41.47% | 1.20x | $229.30 Million |
| Bastas Baskent Cimento Sanayi ve Ticaret AS (BASCM) | $464.37 Million | 5.58% | 0.43x | $8.07 Million |
| Bogazici Beton Sanayi ve Ticaret AS (BOBET) | $370.98 Million | 7.98% | 1.84x | $63.02 Million |
| Batisoke Soke Cimento Sanayi TAS (BSOKE) | $217.16 Million | -7.95% | 2.02x | $1.22 Billion |
| Baticim Bati Anadolu Cimento Sanayi AS (BTCIM) | $425.08 Million | 3.55% | 0.23x | $701.78 Million |
| Bursa Cimento Fabrikasi AS (BUCIM) | $242.77 Million | 0.00% | 0.22x | $120.16 Million |
| Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) | $72.71 Trillion | 0.00% | 0.41x | $487.35 Million |
| Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS (CMBTN) | $31.82 Million | 0.00% | 0.62x | $6.40 Million |
| Cimentas Izmir Cimento Fabrikasi TAS (CMENT) | $1.20 Billion | -6.88% | 0.41x | $22.91 Million |