Nigbas Nigde Beton Sanayi ve Ticaret AS
Nigbas Nigde Beton Sanayi Ve Ticaret A.S. engages in production and sale of prefabricated concrete products and reinforced concrete structural elements in Turkey. It also provides precast elements for building applications; and construction chemicals. The company was incorporated in 1969 and is based in Nigde, Turkey.
Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) - Net Assets
Latest net assets as of September 2025: TL770.09 Million TRY
Based on the latest financial reports, Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) has net assets worth TL770.09 Million TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL931.23 Million) and total liabilities (TL161.14 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 | TL770.09 Million |
| % of Total Assets | 82.7% |
| Annual Growth Rate | 35.36% |
| 5-Year Change | 607.21% |
| 10-Year Change | 1428.29% |
| Growth Volatility | 145.57 |
Nigbas Nigde Beton Sanayi ve Ticaret AS - Net Assets Trend (2009–2024)
This chart illustrates how Nigbas Nigde Beton Sanayi ve 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 Nigbas Nigde Beton Sanayi ve Ticaret AS (2009–2024)
The table below shows the annual net assets of Nigbas Nigde Beton Sanayi ve Ticaret AS from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL621.70 Million | -3.29% |
| 2023-12-31 | TL642.86 Million | +156.31% |
| 2022-12-31 | TL250.82 Million | +66.11% |
| 2021-12-31 | TL151.00 Million | +71.76% |
| 2020-12-31 | TL87.91 Million | -10.15% |
| 2019-12-31 | TL97.84 Million | +82.72% |
| 2018-12-31 | TL53.54 Million | +64.09% |
| 2017-12-31 | TL32.63 Million | -12.88% |
| 2016-12-31 | TL37.46 Million | -7.92% |
| 2015-12-31 | TL40.68 Million | +19.18% |
| 2014-12-31 | TL34.13 Million | +9.21% |
| 2013-12-31 | TL31.25 Million | -2.56% |
| 2012-12-31 | TL32.08 Million | +23.62% |
| 2011-12-31 | TL25.95 Million | +579.27% |
| 2010-12-31 | TL3.82 Million | -42.33% |
| 2009-12-31 | TL6.62 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nigbas Nigde Beton Sanayi ve 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 decreased by 14564.9% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL743.06 Million | 119.52% |
| Total Equity | TL621.70 Million | 100.00% |
Nigbas Nigde Beton Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Nigbas Nigde Beton Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gopeng Bhd
KLSE:2135
|
$11.12 Million |
|
Long An Food Processing Export JSC
VN:LAF
|
$11.12 Million |
|
09R
F:09R
|
$11.12 Million |
|
Intelligent Protection Management Corp
NASDAQ:IPM
|
$11.14 Million |
|
Eastern Commercial Leasing Public Company Limited
BK:ECL
|
$11.11 Million |
|
Glen Burnie Bancorp
NASDAQ:GLBZ
|
$11.11 Million |
|
Amani Gold Ltd
AU:ANL
|
$11.11 Million |
|
N2N Connect Bhd
KLSE:0108
|
$11.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nigbas Nigde Beton Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 642,860,539 to 621,702,358, a change of -21,158,181 (-3.3%).
- Net loss of 19,160,270 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-19.16 Million | -3.08% |
| Other Changes | TL-2.00 Million | -0.32% |
| Total Change | TL- | -3.29% |
Book Value vs Market Value Analysis
This analysis compares Nigbas Nigde Beton Sanayi ve 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: 0.77x
- 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 7.34x to 0.77x 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 | TL1.20 | TL8.83 | x |
| 2018-12-31 | TL0.99 | TL8.83 | x |
| 2019-12-31 | TL1.81 | TL8.83 | x |
| 2020-12-31 | TL1.63 | TL8.83 | x |
| 2021-12-31 | TL2.80 | TL8.83 | x |
| 2022-12-31 | TL4.64 | TL8.83 | x |
| 2023-12-31 | TL11.90 | TL8.83 | x |
| 2024-12-31 | TL11.51 | TL8.83 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nigbas Nigde Beton Sanayi ve 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): -3.08%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -28.27%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 1.20x
- Recent ROE (-3.08%) is below the historical average (2.39%), 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 | -3.36% | -6.17% | 0.34x | 1.61x | TL-4.18 Million |
| 2014 | 9.47% | 10.35% | 0.58x | 1.58x | TL-179.40K |
| 2015 | 5.23% | 9.81% | 0.35x | 1.54x | TL-1.94 Million |
| 2016 | -9.32% | -11.51% | 0.46x | 1.75x | TL-7.24 Million |
| 2017 | -12.66% | -11.90% | 0.51x | 2.07x | TL-7.39 Million |
| 2018 | -18.54% | -33.62% | 0.43x | 1.27x | TL-15.28 Million |
| 2019 | 3.60% | 12.54% | 0.23x | 1.22x | TL-6.26 Million |
| 2020 | -7.39% | -24.32% | 0.23x | 1.30x | TL-15.29 Million |
| 2021 | 19.58% | 65.95% | 0.24x | 1.24x | TL14.46 Million |
| 2022 | 37.10% | 148.78% | 0.23x | 1.10x | TL67.98 Million |
| 2023 | 8.01% | 63.24% | 0.11x | 1.19x | TL-12.82 Million |
| 2024 | -3.08% | -28.27% | 0.09x | 1.20x | TL-81.33 Million |
Industry Comparison
This section compares Nigbas Nigde Beton Sanayi ve Ticaret AS's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $860,030,231
- Average return on equity (ROE) among peers: 16.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) | TL770.09 Million | -3.36% | 0.21x | $11.12 Million |
| Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) | $374.02 Million | 16.00% | 2.14x | $37.60 Million |
| Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) | $114.20 Million | 0.00% | 0.62x | $95.66 Million |
| Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) | $92.13 Million | 39.10% | 5.00x | $51.78 Million |
| Girisim Elektrik Taahhut Ticaret & Sanayi AS (GESAN) | $994.09 Million | 22.18% | 1.06x | $78.34 Million |
| Orge Enerji Elektrik Taahhut AS (ORGE) | $258.00K | 0.00% | 6.74x | $79.96 Million |
| Ral Yatirim Holding AS (RALYH) | $3.46 Billion | 37.69% | 1.11x | $472.79 Million |
| Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) | $20.70 Million | 0.00% | 0.92x | $9.46 Million |
| Yayla Enerji Uretim Turizm ve (YAYLA) | $7.93 Million | 0.00% | 0.37x | $18.29 Million |
| Yeo Teknoloji Enerji ve Endustri AS (YEOTK) | $2.68 Billion | 33.46% | 2.39x | $48.37 Million |