Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S., a software development company, engages in the software and consulting businesses in Turkey and internationally. The company offers retail ERP and BI solutions, including Axbase Suite, Retailer ERP Suite E-Transformation Suite, and Detailer Suite; e-commerce solutions, such as E-Commerce Management, E-Commerce Mobile Picking, Smart Search E… Read more
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE) - Net Assets
Latest net assets as of September 2025: TL673.89 Million TRY
Based on the latest financial reports, Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE) has net assets worth TL673.89 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 (TL996.64 Million) and total liabilities (TL322.75 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 | TL673.89 Million |
| % of Total Assets | 67.62% |
| Annual Growth Rate | 74.51% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 212.69 |
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. - Net Assets Trend (2020–2024)
This chart illustrates how Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (2020–2024)
The table below shows the annual net assets of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL546.55 Million | -9.61% |
| 2023-12-31 | TL604.63 Million | +34.44% |
| 2022-12-31 | TL449.74 Million | +506.58% |
| 2021-12-31 | TL74.14 Million | +25.81% |
| 2020-12-31 | TL58.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.'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 163.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL149.70 Million | 27.41% |
| Other Components | TL396.36 Million | 72.59% |
| Total Equity | TL546.06 Million | 100.00% |
Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. Competitors by Market Cap
The table below lists competitors of Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DV Biomed Co. Ltd.
TWO:6539
|
$5.66 Million |
|
Andira Agro Tbk PT
JK:ANDI
|
$5.66 Million |
|
Solusi Bangun Indonesia Tbk PT
JK:SMCB
|
$5.66 Million |
|
Placoplatre SA
PA:MLPLC
|
$5.66 Million |
|
King's Bay Resources Corp
PINK:KBGCF
|
$5.65 Million |
|
BetterLife Pharma Inc
OTCQB:BETRF
|
$5.65 Million |
|
Plata Latina Minerals Corporation
PINK:PLLMF
|
$5.65 Million |
|
Sahakol Equipment Public Company Limited
BK:SQ
|
$5.65 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 604,185,546 to 546,060,546, a change of -58,125,000 (-9.6%).
- Net loss of 49,170,633 reduced equity.
- Other factors decreased equity by 8,954,367.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-49.17 Million | -9.0% |
| Other Changes | TL-8.95 Million | -1.64% |
| Total Change | TL- | -9.62% |
Book Value vs Market Value Analysis
This analysis compares Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.'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: 2.83x
- 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 20.47x to 2.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL1.66 | TL33.98 | x |
| 2021-12-31 | TL2.09 | TL33.98 | x |
| 2022-12-31 | TL9.88 | TL33.98 | x |
| 2023-12-31 | TL13.28 | TL33.98 | x |
| 2024-12-31 | TL12.00 | TL33.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. 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): -9.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.64%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 1.70x
- Recent ROE (-9.00%) is below the historical average (6.41%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 24.19% | 22.33% | 0.62x | 1.74x | TL8.24 Million |
| 2021 | 24.52% | 17.15% | 0.69x | 2.09x | TL10.64 Million |
| 2022 | -0.94% | -1.22% | 0.52x | 1.47x | TL-49.17 Million |
| 2023 | -6.74% | -6.87% | 0.65x | 1.50x | TL-101.11 Million |
| 2024 | -9.00% | -6.64% | 0.80x | 1.70x | TL-103.78 Million |
Industry Comparison
This section compares Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $99,861,244
- Average return on equity (ROE) among peers: 31.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Obase Bilgisayar ve Danismanlik Hizmetleri Ticaret A.S. (OBASE) | TL673.89 Million | 24.19% | 0.48x | $5.65 Million |
| Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S. (FORTE) | $72.90 Million | 32.18% | 1.66x | $60.21 Million |
| Hitit Bilgisayar Hizmetleri AS (HTTBT) | $82.99 Million | 37.72% | 0.26x | $83.43 Million |
| Uzertas Boya Sanayi Ticaret ve Yatirim A.S. (INTEK) | $8.58 Million | 64.56% | 1.08x | $16.35 Million |
| Kafein Yazilim (KFEIN) | $179.92 Million | 4.11% | 0.67x | $35.25 Million |
| Link Bilgisayar Sistemleri Yazilimi ve Donanimi Sanayi ve Ticaret AS (LINK) | $45.51 Million | 26.59% | 0.13x | $1.46 Million |
| Logo Yazilim Sanayi ve Ticaret AS (LOGO) | $209.28 Million | 24.29% | 0.83x | $230.85 Million |