Mia Teknoloji AS (MIATK) - 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. Check MIATK financial resilience to evaluate the company's liquid asset resilience ratio.
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 |
Mia Teknoloji AS - Net Assets Trend (2018–2024)
This chart illustrates how Mia Teknoloji AS's net assets have evolved over time, based on quarterly financial data. Also explore Mia Teknoloji AS assets under control for the complete picture of this company's asset base.
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 valuation and market cap data, see market cap 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.
Current Equity Component Breakdown (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 |
|---|---|
|
Posiflex Technology Inc
TW:8114
|
$442.28 Million |
|
Stenhus Fastigheter I Norden AB
ST:SFAST
|
$442.32 Million |
|
PRIMA MARINE PCL-NVDR
BK:PRM-R
|
$442.48 Million |
|
BlackRock Municipal Income Closed Fund
NYSE:BFK
|
$442.50 Million |
|
Kailong High Technology Co. Ltd.
SHE:300912
|
$442.13 Million |
|
Covenant Logistics Group, Inc.
NASDAQ:CVLG
|
$441.94 Million |
|
Columbus McKinnon Corporation
NASDAQ:CMCO
|
$441.84 Million |
|
Tianjin Realty Development Group Co Ltd
SHG:600322
|
$441.71 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: 4.09x
- 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 47.34x to 4.09x 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 | TL39.96 | x |
| 2019-12-31 | TL1.19 | TL39.96 | x |
| 2020-12-31 | TL1.77 | TL39.96 | x |
| 2021-12-31 | TL6.46 | TL39.96 | x |
| 2022-12-31 | TL15.15 | TL39.96 | x |
| 2023-12-31 | TL3.56 | TL39.96 | x |
| 2024-12-31 | TL9.76 | TL39.96 | 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: $1,164,476,644
- Average return on equity (ROE) among peers: 13.41%
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 | $442.13 Million |
| E-Data Teknoloji Pazarlama AS (EDATA) | $889.67 Million | -1.53% | 0.58x | $193.12 Million |
| Escort Teknoloji Yatirim AS (ESCOM) | $1.88 Billion | 21.69% | 0.02x | $86.83 Million |
| Vbt Yazilim AS (VBTYZ) | $722.97 Million | 20.07% | 0.52x | $56.08 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