Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret A.S., together with its subsidiary, Metro City Trade Center Batumi JSC, opens, operates, and leases fuel stations and highway facilities in Turkey and Georgia. It operates through Plant, Fuel, and Shopping Center segments. The company engages in market, cafe, auto tire, and auto repair services; purchase and sale of petroleum products and its derivat… Read more
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS (MEPET) - Net Assets
Latest net assets as of September 2025: TL2.30 Billion TRY
Based on the latest financial reports, Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS (MEPET) has net assets worth TL2.30 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 (TL2.83 Billion) and total liabilities (TL529.31 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 | TL2.30 Billion |
| % of Total Assets | 81.31% |
| Annual Growth Rate | 35.77% |
| 5-Year Change | 827.55% |
| 10-Year Change | 1277.94% |
| Growth Volatility | 185.33 |
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS - Net Assets Trend (2008–2024)
This chart illustrates how Mepet Metro Petrol ve Tesisleri Sanayi Ticaret 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 Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS (2008–2024)
The table below shows the annual net assets of Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.75 Billion | -14.13% |
| 2023-12-31 | TL2.04 Billion | +262.47% |
| 2022-12-31 | TL563.76 Million | +50.82% |
| 2021-12-31 | TL373.80 Million | +97.58% |
| 2020-12-31 | TL189.18 Million | -2.57% |
| 2019-12-31 | TL194.18 Million | +2.48% |
| 2018-12-31 | TL189.47 Million | +27.56% |
| 2017-12-31 | TL148.54 Million | +8.08% |
| 2016-12-31 | TL137.43 Million | +7.92% |
| 2015-12-31 | TL127.35 Million | -5.08% |
| 2014-12-31 | TL134.17 Million | +18.46% |
| 2013-12-31 | TL113.26 Million | -1.85% |
| 2012-12-31 | TL115.40 Million | -29.96% |
| 2011-12-31 | TL164.75 Million | +12.50% |
| 2010-12-31 | TL146.44 Million | +746.24% |
| 2009-12-31 | TL17.30 Million | +31.50% |
| 2008-12-31 | TL13.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Mepet Metro Petrol ve Tesisleri Sanayi Ticaret 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 12607.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL401.55 Million | 22.88% |
| Other Components | TL1.35 Billion | 77.12% |
| Total Equity | TL1.75 Billion | 100.00% |
Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS Competitors by Market Cap
The table below lists competitors of Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Altech Batteries Limited
PINK:ALTHF
|
$27.89 Million |
|
Aurora Eiendom A.S.
OL:AURA
|
$27.90 Million |
|
Gmb Korea
KO:013870
|
$27.91 Million |
|
Kartoon Studios, Inc.
NYSE MKT:TOON
|
$27.93 Million |
|
BALSU GIDA
IS:BALSU
|
$27.89 Million |
|
Affluent Partners Holdings Limited
OTCGREY:MNNGF
|
$27.89 Million |
|
Signetics Corporation
KQ:033170
|
$27.88 Million |
|
Reliance Communications Limited
NSE:RCOM
|
$27.87 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,043,465,233 to 1,754,780,350, a change of -288,684,883 (-14.1%).
- Net loss of 253,975,904 reduced equity.
- Other factors decreased equity by 34,708,979.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-253.98 Million | -14.47% |
| Other Changes | TL-34.71 Million | -1.98% |
| Total Change | TL- | -14.13% |
Book Value vs Market Value Analysis
This analysis compares Mepet Metro Petrol ve Tesisleri Sanayi Ticaret 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: 1.07x
- 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 12.62x to 1.07x 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 | TL2.03 | TL25.58 | x |
| 2018-12-31 | TL2.58 | TL25.58 | x |
| 2019-12-31 | TL2.65 | TL25.58 | x |
| 2020-12-31 | TL2.58 | TL25.58 | x |
| 2021-12-31 | TL5.10 | TL25.58 | x |
| 2022-12-31 | TL7.69 | TL25.58 | x |
| 2023-12-31 | TL27.88 | TL25.58 | x |
| 2024-12-31 | TL23.94 | TL25.58 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mepet Metro Petrol ve Tesisleri Sanayi Ticaret 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): -14.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.13%
- • Asset Turnover: 1.86x
- • Equity Multiplier: 1.27x
- Recent ROE (-14.47%) is below the historical average (2.09%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.41% | 0.19% | 1.56x | 1.40x | TL-10.83 Million |
| 2014 | 6.35% | 3.71% | 1.26x | 1.36x | TL-4.90 Million |
| 2015 | 0.76% | 0.43% | 1.24x | 1.44x | TL-11.76 Million |
| 2016 | 7.32% | 3.71% | 1.32x | 1.49x | TL-3.68 Million |
| 2017 | 5.41% | 2.25% | 1.34x | 1.80x | TL-6.82 Million |
| 2018 | -6.96% | -2.90% | 1.24x | 1.94x | TL-32.14 Million |
| 2019 | -1.21% | -0.45% | 1.40x | 1.93x | TL-21.76 Million |
| 2020 | -8.28% | -3.97% | 1.00x | 2.09x | TL-34.58 Million |
| 2021 | 17.73% | 11.01% | 0.95x | 1.69x | TL28.88 Million |
| 2022 | 4.55% | 1.41% | 2.06x | 1.57x | TL-30.74 Million |
| 2023 | 13.51% | 5.85% | 1.85x | 1.25x | TL71.69 Million |
| 2024 | -14.47% | -6.13% | 1.86x | 1.27x | TL-429.45 Million |
Industry Comparison
This section compares Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS's net assets metrics with peer companies in the Oil & Gas Refining & Marketing industry.
Industry Context
- Industry: Oil & Gas Refining & Marketing
- Average net assets among peers: $4,145,123,000
- Average return on equity (ROE) among peers: 31.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS (MEPET) | TL2.30 Billion | 0.41% | 0.23x | $27.89 Million |
| Turkiye Petrol Rafinerileri AS (TUPRS) | $4.15 Billion | 31.31% | 1.19x | $6.39 Billion |