Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS (MEPET) - Net Assets
Based on the latest financial reports, Mepet Metro Petrol ve Tesisleri Sanayi Ticaret AS (MEPET) has net assets worth TL2.30 Billion TRY (≈ $51.57 Million USD) 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 ≈ $63.42 Million USD) and total liabilities (TL529.31 Million ≈ $11.86 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 how resilient are Mepet Metro Petrol ve Tesisleri Sanayi T's assets to evaluate the company's liquid asset resilience ratio.
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. Also explore total assets of Mepet Metro Petrol ve Tesisleri Sanayi T for the complete picture of this company's asset base.
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. For live valuation and market cap data, see Mepet Metro Petrol ve Tesisleri Sanayi T market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.75 Billion ≈ $39.30 Million |
-14.13% |
| 2023-12-31 | TL2.04 Billion ≈ $45.77 Million |
+262.47% |
| 2022-12-31 | TL563.76 Million ≈ $12.63 Million |
+50.82% |
| 2021-12-31 | TL373.80 Million ≈ $8.37 Million |
+97.58% |
| 2020-12-31 | TL189.18 Million ≈ $4.24 Million |
-2.57% |
| 2019-12-31 | TL194.18 Million ≈ $4.35 Million |
+2.48% |
| 2018-12-31 | TL189.47 Million ≈ $4.24 Million |
+27.56% |
| 2017-12-31 | TL148.54 Million ≈ $3.33 Million |
+8.08% |
| 2016-12-31 | TL137.43 Million ≈ $3.08 Million |
+7.92% |
| 2015-12-31 | TL127.35 Million ≈ $2.85 Million |
-5.08% |
| 2014-12-31 | TL134.17 Million ≈ $3.01 Million |
+18.46% |
| 2013-12-31 | TL113.26 Million ≈ $2.54 Million |
-1.85% |
| 2012-12-31 | TL115.40 Million ≈ $2.58 Million |
-29.96% |
| 2011-12-31 | TL164.75 Million ≈ $3.69 Million |
+12.50% |
| 2010-12-31 | TL146.44 Million ≈ $3.28 Million |
+746.24% |
| 2009-12-31 | TL17.30 Million ≈ $387.59K |
+31.50% |
| 2008-12-31 | TL13.16 Million ≈ $294.75K |
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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 |
|---|---|
|
Vardhman Acrylics Limited
NSE:VARDHACRLC
|
$37.15 Million |
|
Aemulus Holdings Bhd
KLSE:0181
|
$37.15 Million |
|
Scan-D
TWO:6195
|
$37.16 Million |
|
Everlast Minerals Ltd.
AU:EV8
|
$37.17 Million |
|
Shinwha Intertek Corp
KQ:056700
|
$37.12 Million |
|
Bantas Bandirma Ambalaj Sanayi ve Ticaret AS
IS:BNTAS
|
$37.11 Million |
|
Avonmore Capital & Management Services Limited
NSE:AVONMORE
|
$37.11 Million |
|
Vince Holding Corp
NYSE:VNCE
|
$37.09 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: 0.94x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 11.16x to 0.94x 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 | TL22.62 | x |
| 2018-12-31 | TL2.58 | TL22.62 | x |
| 2019-12-31 | TL2.65 | TL22.62 | x |
| 2020-12-31 | TL2.58 | TL22.62 | x |
| 2021-12-31 | TL5.10 | TL22.62 | x |
| 2022-12-31 | TL7.69 | TL22.62 | x |
| 2023-12-31 | TL27.88 | TL22.62 | x |
| 2024-12-31 | TL23.94 | TL22.62 | 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 | $37.13 Million |
| Turkiye Petrol Rafinerileri AS (TUPRS) | $4.15 Billion | 31.31% | 1.19x | $11.70 Billion |
About 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