Naturelgaz Sanayi ve Ticaret AS (NTGAZ) - Net Assets

Latest as of June 2025: TL4.19 Billion TRY ≈ $93.75 Million USD

Based on the latest financial reports, Naturelgaz Sanayi ve Ticaret AS (NTGAZ) has net assets worth TL4.19 Billion TRY (≈ $93.75 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.47 Billion ≈ $122.41 Million USD) and total liabilities (TL1.28 Billion ≈ $28.66 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 NTGAZ asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL4.19 Billion
% of Total Assets	76.59%
Annual Growth Rate	78.9%
5-Year Change	1427.3%
10-Year Change	N/A
Growth Volatility	58.96

Naturelgaz Sanayi ve Ticaret AS - Net Assets Trend (2018–2024)

This chart illustrates how Naturelgaz Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore Naturelgaz Sanayi ve Ticaret AS assets under control for the complete picture of this company's asset base.

Annual Net Assets for Naturelgaz Sanayi ve Ticaret AS (2018–2024)

The table below shows the annual net assets of Naturelgaz Sanayi ve Ticaret AS from 2018 to 2024. For live valuation and market cap data, see Naturelgaz Sanayi ve Ticaret AS stock valuation.

Year	Net Assets	Change
2024-12-31	TL3.57 Billion ≈ $80.02 Million	+5.38%
2023-12-31	TL3.39 Billion ≈ $75.94 Million	+159.52%
2022-12-31	TL1.31 Billion ≈ $29.26 Million	+127.24%
2021-12-31	TL574.94 Million ≈ $12.88 Million	+145.77%
2020-12-31	TL233.94 Million ≈ $5.24 Million	+68.69%
2019-12-31	TL138.68 Million ≈ $3.11 Million	+27.37%
2018-12-31	TL108.88 Million ≈ $2.44 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Naturelgaz 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 grown by 167649439900.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	TL1.64 Billion	46.03%
Other Components	TL1.93 Billion	53.97%
Total Equity	TL3.57 Billion	100.00%

Naturelgaz Sanayi ve Ticaret AS Competitors by Market Cap

The table below lists competitors of Naturelgaz Sanayi ve Ticaret AS ranked by their market capitalization.

Company	Market Cap
SEACOR Marine Holdings Inc NYSE:SMHI	$194.77 Million
Pro-Hawk TWO:8083	$194.81 Million
Somboon Advance Technology Public Company Limited BK:SAT	$194.82 Million
VIA Labs Inc TW:6756	$194.84 Million
Crexendo Inc NASDAQ:CXDO	$194.53 Million
SCH Group Bhd KLSE:0161	$194.48 Million
Kencana Energi Lestari JK:KEEN	$194.42 Million
United Bankers Oyj HE:UNITED	$194.37 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Naturelgaz Sanayi ve Ticaret AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 3,390,545,428 to 3,572,912,705, a change of 182,367,277 (5.4%).
Net income of 365,602,228 contributed positively to equity growth.
Dividend payments of 376,473,471 reduced retained earnings.
Other factors increased equity by 193,238,520.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	TL365.60 Million	+10.23%
Dividends Paid	TL376.47 Million	-10.54%
Other Changes	TL193.24 Million	+5.41%
Total Change	TL-	5.38%

Book Value vs Market Value Analysis

This analysis compares Naturelgaz 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: 2.43x
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 13.30x to 2.43x 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	TL0.95	TL12.59	x
2019-12-31	TL1.21	TL12.59	x
2020-12-31	TL2.03	TL12.59	x
2021-12-31	TL5.00	TL12.59	x
2022-12-31	TL11.36	TL12.59	x
2023-12-31	TL4.91	TL12.59	x
2024-12-31	TL5.18	TL12.59	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Naturelgaz 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): 10.23%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 6.38%
• Asset Turnover: 1.15x
• Equity Multiplier: 1.39x
Recent ROE (10.23%) is below the historical average (15.48%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2018	-29.34%	-12.77%	0.97x	2.36x	TL-42.83 Million
2019	21.49%	6.88%	1.58x	1.98x	TL15.93 Million
2020	38.56%	19.89%	1.13x	1.72x	TL66.81 Million
2021	4.55%	3.76%	0.82x	1.47x	TL-31.31 Million
2022	58.73%	20.42%	2.04x	1.41x	TL636.66 Million
2023	4.11%	2.39%	1.37x	1.26x	TL-199.72 Million
2024	10.23%	6.38%	1.15x	1.39x	TL8.31 Million

Industry Comparison

This section compares Naturelgaz Sanayi ve Ticaret AS's net assets metrics with peer companies in the Oil & Gas Midstream industry.

No peer company data available for comparison.

About Naturelgaz Sanayi ve Ticaret AS

IS:NTGAZ Turkey Oil & Gas Midstream

Market Cap

$194.57 Million

TL8.69 Billion TRY

Market Cap Rank

#16660 Global

#212 in Turkey

Share Price

TL12.59

Change (1 day)

-9.36%

52-Week Range

TL8.21 - TL13.89

All Time High

TL13.89