Oba Makarnacılık San As
Oba Makarnacilik Sanayi ve Ticaret A.S. produces and sells pasta in Turkey and internationally. The company offers children pasta, mac and cheese, flour, noodles, and semolina products under the OBA Makarna, OBA Mie, Pasta Savana, Omelia, Vera, Obalino, Eva, Rosa Linda, OBA Gold, Pasta Layla, Nido, Intervallo, and Champion brand names. Oba Makarnacilik Sanayi ve Ticaret A.S. was incorporated in 1… Read more
Oba Makarnacılık San As (OBAMS) - Net Assets
Latest net assets as of June 2024: TL8.97 Billion TRY
Based on the latest financial reports, Oba Makarnacılık San As (OBAMS) has net assets worth TL8.97 Billion TRY as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL11.32 Billion) and total liabilities (TL2.35 Billion). 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 | TL8.97 Billion |
| % of Total Assets | 79.23% |
| Annual Growth Rate | 83.86% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 106.51 |
Oba Makarnacılık San As - Net Assets Trend (2020–2023)
This chart illustrates how Oba Makarnacılık San 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 Oba Makarnacılık San As (2020–2023)
The table below shows the annual net assets of Oba Makarnacılık San As from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-09-30 | TL4.37 Billion | +40.36% |
| 2022-09-30 | TL3.12 Billion | +257.50% |
| 2021-09-30 | TL871.36 Million | +23.70% |
| 2020-09-30 | TL704.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Oba Makarnacılık San 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 410.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL2.20 Billion | 50.31% |
| Common Stock | TL407.17 Million | 9.31% |
| Other Comprehensive Income | TL1.77 Billion | 40.37% |
| Total Equity | TL4.37 Billion | 100.00% |
Oba Makarnacılık San As Competitors by Market Cap
The table below lists competitors of Oba Makarnacılık San As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Level Biotechnology
TWO:3118
|
$22.42 Million |
|
Lakeside Holding Limited Common Stock
NASDAQ:LSH
|
$22.43 Million |
|
brooqLy Inc.
PINK:BRQL
|
$22.43 Million |
|
Defence Therapeutics Inc
OTCQB:DTCFF
|
$22.44 Million |
|
Opticis Company Limited
KQ:109080
|
$22.41 Million |
|
Saga Metals Corp.
V:SAGA
|
$22.41 Million |
|
Wooyang Co. Ltd
KQ:103840
|
$22.40 Million |
|
D. Western Therapeutics Institute Inc
F:6DW
|
$22.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Oba Makarnacılık San As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 3,115,152,408 to 4,372,318,964, a change of 1,257,166,556 (40.4%).
- Net income of 1,278,906,301 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,440,424,429.
- Other factors decreased equity by 1,462,164,174.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.28 Billion | +29.25% |
| Other Comprehensive Income | TL1.44 Billion | +32.94% |
| Other Changes | TL-1.46 Billion | -33.44% |
| Total Change | TL- | 40.36% |
Book Value vs Market Value Analysis
This analysis compares Oba Makarnacılık San 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: 0.70x
- 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 5.09x to 0.70x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-09-30 | TL1.47 | TL7.48 | x |
| 2021-09-30 | TL1.82 | TL7.48 | x |
| 2022-09-30 | TL7.65 | TL7.48 | x |
| 2023-09-30 | TL10.74 | TL7.48 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Oba Makarnacılık San 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): 29.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.46%
- • Asset Turnover: 2.91x
- • Equity Multiplier: 1.84x
- Recent ROE (29.25%) is above the historical average (-0.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 22.01% | 5.00% | 2.24x | 1.96x | TL84.62 Million |
| 2021 | 14.53% | 2.43% | 2.74x | 2.19x | TL39.46 Million |
| 2022 | -67.49% | -10.07% | 2.52x | 2.66x | TL-2.41 Billion |
| 2023 | 29.25% | 5.46% | 2.91x | 1.84x | TL841.67 Million |
Industry Comparison
This section compares Oba Makarnacılık San As's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,493,499,442
- Average return on equity (ROE) among peers: 12.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Oba Makarnacılık San As (OBAMS) | TL8.97 Billion | 22.01% | 0.26x | $22.41 Million |
| Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) | $3.07 Billion | 9.64% | 0.33x | $11.81 Million |
| AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD) | $489.33 Million | 23.15% | 0.48x | $32.74 Million |
| Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT) | $6.35 Billion | 21.63% | 1.48x | $36.03 Million |
| Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi (BESLR) | $12.47 Billion | 12.12% | 1.23x | $61.42 Million |
| Dardanel Onentas Gida Sanayi AS (DARDL) | $-202.44 Million | 0.00% | 0.00x | $42.55 Million |
| Dmr Unlu Mamuller Uretim Gida Toptan Perakende Ihracat A.S. (DMRGD) | $497.09 Million | -5.37% | 1.70x | $82.71 Million |
| DURUKAN SEKERLEME (DURKN) | $1.72 Billion | 5.87% | 0.56x | $6.37 Million |
| Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN) | $73.02 Million | 15.87% | 9.10x | $8.54 Million |
| ERSU Meyve ve Gida Sanayi AS (ERSU) | $44.15 Million | 0.14% | 0.19x | $15.35 Million |
| Fade Gida Yatirim Sanayi Ticaret As (FADE) | $423.38 Million | 41.75% | 0.35x | $13.74 Million |