Ofis Yem Gida Sanayi ve Ticaret A.S.
Ofis Yem Gida Sanayi ve Ticaret A.S. produces and sells feeds for the livestock sector in Turkey. It offers ovine, calf, fattening, milk, and poultry feeds under the Ofis Yem brand. The company was incorporated in 1997 and is headquartered in Ankara, Turkey.
Ofis Yem Gida Sanayi ve Ticaret A.S. (OFSYM) - Net Assets
Latest net assets as of June 2024: TL2.31 Billion TRY
Based on the latest financial reports, Ofis Yem Gida Sanayi ve Ticaret A.S. (OFSYM) has net assets worth TL2.31 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 (TL4.80 Billion) and total liabilities (TL2.49 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 | TL2.31 Billion |
| % of Total Assets | 48.16% |
| Annual Growth Rate | 115.37% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 95.54 |
Ofis Yem Gida Sanayi ve Ticaret A.S. - Net Assets Trend (2020–2023)
This chart illustrates how Ofis Yem Gida Sanayi ve 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 Ofis Yem Gida Sanayi ve Ticaret A.S. (2020–2023)
The table below shows the annual net assets of Ofis Yem Gida Sanayi ve Ticaret A.S. from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL1.79 Billion | +53.36% |
| 2022-12-31 | TL1.17 Billion | +266.91% |
| 2021-12-31 | TL318.91 Million | +77.25% |
| 2020-12-31 | TL179.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ofis Yem Gida Sanayi ve 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 349.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL628.97 Million | 36.35% |
| Other Components | TL1.10 Billion | 63.65% |
| Total Equity | TL1.73 Billion | 100.00% |
Ofis Yem Gida Sanayi ve Ticaret A.S. Competitors by Market Cap
The table below lists competitors of Ofis Yem Gida Sanayi ve Ticaret A.S. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AURE3F
SA:AURE3F
|
$17.55K |
|
BOLSA MEXICANA-A (BC51.SG)
STU:BC51
|
$17.57K |
|
iVestos AG
DU:LWD
|
$17.57K |
|
SIGNA Sports United N.V.
PINK:SSUNF
|
$17.58K |
|
Jersey Electricity plc
LSE:JEL
|
$17.52K |
|
Afentra PLC
LSE:AET
|
$17.50K |
|
Upsite Mexico S.A.P.I. de C.V
MX:FIBRAUP18
|
$17.49K |
|
Colonial Motors PLC
CM:COLON0000
|
$17.47K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ofis Yem Gida Sanayi ve Ticaret A.S.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,108,706,293 to 1,730,550,152, a change of 621,843,859 (56.1%).
- Net income of 134,108,330 contributed positively to equity growth.
- New share issuances of 480,343,836 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL134.11 Million | +7.75% |
| Share Issuances | TL480.34 Million | +27.76% |
| Other Changes | TL7.39 Million | +0.43% |
| Total Change | TL- | 56.09% |
Book Value vs Market Value Analysis
This analysis compares Ofis Yem Gida Sanayi ve 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: 5.36x
- 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 51.53x to 5.36x 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 | TL1.23 | TL63.40 | x |
| 2021-12-31 | TL2.06 | TL63.40 | x |
| 2022-12-31 | TL7.58 | TL63.40 | x |
| 2023-12-31 | TL11.83 | TL63.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ofis Yem Gida Sanayi ve 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): 7.75%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.17%
- • Asset Turnover: 2.83x
- • Equity Multiplier: 2.33x
- Recent ROE (7.75%) is below the historical average (23.82%), 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 | 30.65% | 4.24% | 2.06x | 3.51x | TL37.16 Million |
| 2021 | 28.41% | 2.70% | 2.69x | 3.91x | TL55.42 Million |
| 2022 | 28.49% | 2.15% | 3.37x | 3.93x | TL204.99 Million |
| 2023 | 7.75% | 1.17% | 2.83x | 2.33x | TL-38.95 Million |
Industry Comparison
This section compares Ofis Yem Gida Sanayi ve Ticaret A.S.'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 |
|---|---|---|---|---|
| Ofis Yem Gida Sanayi ve Ticaret A.S. (OFSYM) | TL2.31 Billion | 30.65% | 1.08x | $17.55K |
| 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 |