Odine Solutions Teknoloji As
Odine Solutions Teknoloji Ticaret ve Sanayi A.S. provides software solutions in Turkey. It also offers Odine Orion, a voice management solution; Odine Nebula, a voice cloud management platform and Odine Nebula+, a flexible hybrid voice platform; Odine Gatekeeper, a voice fraud management solution; and Odine Pathfinder, a centralized routing server solution. The company was founded in 2000 and is … Read more
Odine Solutions Teknoloji As (ODINE) - Net Assets
Latest net assets as of September 2024: TL1.45 Billion TRY
Based on the latest financial reports, Odine Solutions Teknoloji As (ODINE) has net assets worth TL1.45 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.88 Billion) and total liabilities (TL424.54 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 | TL1.45 Billion |
| % of Total Assets | 77.39% |
| Annual Growth Rate | 138.56% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.43 |
Odine Solutions Teknoloji As - Net Assets Trend (2021–2023)
This chart illustrates how Odine Solutions Teknoloji 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 Odine Solutions Teknoloji As (2021–2023)
The table below shows the annual net assets of Odine Solutions Teknoloji As from 2021 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL690.74 Million | +145.96% |
| 2022-12-31 | TL280.83 Million | +131.10% |
| 2021-12-31 | TL121.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Odine Solutions 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 279.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL373.47 Million | 54.07% |
| Other Components | TL317.26 Million | 45.93% |
| Total Equity | TL690.73 Million | 100.00% |
Odine Solutions Teknoloji As Competitors by Market Cap
The table below lists competitors of Odine Solutions Teknoloji As ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Yatsen Holding
NYSE:YSG
|
$623.15 Million |
|
Mid Penn Bancorp
NASDAQ:MPB
|
$623.38 Million |
|
KBC Corporation Ltd
SHG:688598
|
$623.40 Million |
|
Arvind Limited
NSE:ARVIND
|
$623.55 Million |
|
Delong Composite Energy Group Co Ltd
SHE:000593
|
$622.98 Million |
|
Aluar Aluminio Argentino
BA:ALUA
|
$622.94 Million |
|
Zhejiang Yatai Pharmaceutical Co Ltd
SHE:002370
|
$622.77 Million |
|
Neoen SA
PA:NEOEN
|
$622.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Odine Solutions Teknoloji As's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 280,889,386 to 690,732,984, a change of 409,843,598 (145.9%).
- Net income of 250,387,742 contributed positively to equity growth.
- Other factors increased equity by 159,455,856.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL250.39 Million | +36.25% |
| Other Changes | TL159.46 Million | +23.09% |
| Total Change | TL- | 145.91% |
Book Value vs Market Value Analysis
This analysis compares Odine Solutions 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: 108.62x
- 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 617.84x to 108.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | TL1.10 | TL679.00 | x |
| 2022-12-31 | TL2.54 | TL679.00 | x |
| 2023-12-31 | TL6.25 | TL679.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Odine Solutions 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): 36.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.46%
- • Asset Turnover: 0.57x
- • Equity Multiplier: 1.95x
- Recent ROE (36.25%) is below the historical average (43.46%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 45.86% | 28.54% | 0.51x | 3.17x | TL43.55 Million |
| 2022 | 48.27% | 41.33% | 0.42x | 2.75x | TL107.50 Million |
| 2023 | 36.25% | 32.46% | 0.57x | 1.95x | TL181.31 Million |
Industry Comparison
This section compares Odine Solutions Teknoloji As's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $851,853,508
- Average return on equity (ROE) among peers: 39.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Odine Solutions Teknoloji As (ODINE) | TL1.45 Billion | 45.86% | 0.29x | $623.11 Million |
| Ard Grup Bilisim Teknolojileri AS (ARDYZ) | $2.91 Billion | 12.83% | 0.40x | $123.89 Million |
| Atp Ticari Bilgisayar Agi ve Elektrik Guc Kaynaklari Uretim Pazarlama ve Ticaret (ATATP) | $422.83 Million | 27.13% | 0.40x | $36.79 Million |
| Kron Telekomunikasyon Hizmetleri AS (KRONT) | $340.00K | 110.59% | 17.17x | $34.53 Million |
| Smartiks Yazilim AS (SMART) | $75.38 Million | 9.10% | 0.53x | $20.31 Million |