Mia Teknoloji AS Net Assets
Mia Teknoloji AS net assets. Based on the latest financial reports, Mia Teknoloji AS (MIATK) has net assets worth TL5.61 Billion TRY (≈ $125.62 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 (TL7.59 Billion ≈ $170.09 Million USD) and total liabilities (TL1.99 Billion ≈ $44.46 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. Also explore net asset growth rate of Mia Teknoloji AS to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL5.61 Billion |
| % of Total Assets | 73.86% |
| Annual Growth Rate | 130.59% |
| 5-Year Change | 7073.89% |
| 10-Year Change | N/A |
| Growth Volatility | 80.71 |
Net Assets of Mia Teknoloji AS (2018–2024)
Net assets of Mia Teknoloji AS from 2018 to 2024. This chart illustrates how Mia Teknoloji AS's net assets have evolved over time, based on quarterly financial data. See MIATK equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Mia Teknoloji AS (2018–2024)
The table below shows the annual net assets of Mia Teknoloji AS from 2018 to 2024. For live market cap and overall valuation, see market value of Mia Teknoloji AS.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL4.83 Billion ≈ $108.11 Million |
+174.28% |
| 2023-12-31 | TL1.76 Billion ≈ $39.42 Million |
+205.67% |
| 2022-12-31 | TL575.76 Million ≈ $12.90 Million |
+134.53% |
| 2021-12-31 | TL245.49 Million ≈ $5.50 Million |
+264.85% |
| 2020-12-31 | TL67.29 Million ≈ $1.51 Million |
+48.22% |
| 2019-12-31 | TL45.40 Million ≈ $1.02 Million |
+41.53% |
| 2018-12-31 | TL32.07 Million ≈ $718.39K |
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Equity Component Analysis
This analysis shows how different components contribute to Mia Teknoloji 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 14786.3% over the analyzed period, indicating profitable operations and earnings retention.
Mia Teknoloji AS Net Assets Breakdown (December 2024)
Mia Teknoloji AS net assets breakdown by equity component as of December 2024.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL3.30 Billion | 68.55% |
| Other Components | TL1.52 Billion | 31.45% |
| Total Equity | TL4.82 Billion | 100.00% |
Mia Teknoloji AS Competitors by Market Cap
The table below lists competitors of Mia Teknoloji AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Stratec SE
XETRA:SBS
|
$267.43 Million |
|
Leysen Jewellery Inc
SHG:603900
|
$267.49 Million |
|
Infotel SA
PA:INF
|
$267.53 Million |
|
Sinomach General Machinery Science Technology Co Ltd
SHG:600444
|
$267.61 Million |
|
Webzen Inc
KQ:069080
|
$267.17 Million |
|
Fortune Ng Fung Food Hebei Co Ltd
SHG:600965
|
$267.16 Million |
|
Sportking India Limited
NSE:SPORTKING
|
$267.06 Million |
|
Aviva PLC
LSE:AV
|
$267.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Mia Teknoloji AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,759,439,632 to 4,821,101,977, a change of 3,061,662,345 (174.0%).
- Net income of 2,276,479,458 contributed positively to equity growth.
- Other factors increased equity by 785,182,887.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL2.28 Billion | +47.22% |
| Other Changes | TL785.18 Million | +16.29% |
| Total Change | TL- | 174.01% |
Book Value vs Market Value Analysis
This analysis compares Mia Teknoloji 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: 2.48x
- 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 28.62x to 2.48x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL0.84 | TL24.16 | x |
| 2019-12-31 | TL1.19 | TL24.16 | x |
| 2020-12-31 | TL1.77 | TL24.16 | x |
| 2021-12-31 | TL6.46 | TL24.16 | x |
| 2022-12-31 | TL15.15 | TL24.16 | x |
| 2023-12-31 | TL3.56 | TL24.16 | x |
| 2024-12-31 | TL9.76 | TL24.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Mia Teknoloji 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): 47.22%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 88.12%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.32x
- Recent ROE (47.22%) is above the historical average (34.61%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 11.54% | 15.20% | 0.47x | 1.61x | TL493.19K |
| 2019 | 29.68% | 16.96% | 1.20x | 1.46x | TL8.93 Million |
| 2020 | 32.98% | 25.66% | 0.91x | 1.41x | TL15.46 Million |
| 2021 | 22.06% | 32.98% | 0.55x | 1.22x | TL29.61 Million |
| 2022 | 57.43% | 54.70% | 0.81x | 1.30x | TL273.08 Million |
| 2023 | 41.36% | 35.97% | 0.93x | 1.24x | TL551.71 Million |
| 2024 | 47.22% | 88.12% | 0.41x | 1.32x | TL1.79 Billion |
Industry Comparison
This section compares Mia Teknoloji AS's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $278,427,954
- Average return on equity (ROE) among peers: 12.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mia Teknoloji AS (MIATK) | TL5.61 Billion | 11.54% | 0.35x | $267.31 Million |
| E-Data Teknoloji Pazarlama AS (EDATA) | $47.20 Million | 32.27% | 0.79x | $29.18 Million |
| Escort Teknoloji Yatirim AS (ESCOM) | $20.87 Million | 0.00% | 0.58x | $57.94 Million |
| Vbt Yazilim AS (VBTYZ) | $767.22 Million | 4.59% | 1.49x | $56.29 Million |
About Mia Teknoloji AS
MIA Teknoloji Anonim Sirketi provides software development services to public and private organizations in Turkey. The company offers Pizzy, an integrated facility management software; BIO-ID, a biometric data management software; MIA-SOFT, a multimodal biometric authentication and identification software; MBIS, a multi biometric identification system; Surveillance, an environmental surveillance … Read more