Petrokent Turizm AS
Petrokent Turizm A.S. engages in the operation of resorts in Turkey. The company's facilities include VONRESORT golden beach and VONRESORT Abant resorts. The company was incorporated in 1977 and is headquartered in Ankara, Turkey.
Petrokent Turizm AS (PKENT) - Net Assets
Latest net assets as of December 2024: TL1.27 Billion TRY
Based on the latest financial reports, Petrokent Turizm AS (PKENT) has net assets worth TL1.27 Billion TRY as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.54 Billion) and total liabilities (TL272.17 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 | TL1.27 Billion |
| % of Total Assets | 82.31% |
| Annual Growth Rate | -34.81% |
| 5-Year Change | 3201.05% |
| 10-Year Change | 6231.47% |
| Growth Volatility | 79.0 |
Petrokent Turizm AS - Net Assets Trend (2002–2024)
This chart illustrates how Petrokent Turizm 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 Petrokent Turizm AS (2002–2024)
The table below shows the annual net assets of Petrokent Turizm AS from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.27 Billion | +50.57% |
| 2023-12-31 | TL841.08 Million | +233.82% |
| 2022-12-31 | TL251.96 Million | +109.44% |
| 2021-12-31 | TL120.30 Million | +213.58% |
| 2020-12-31 | TL38.36 Million | -1.47% |
| 2019-12-31 | TL38.94 Million | +28.89% |
| 2018-12-31 | TL30.21 Million | +146.66% |
| 2017-12-31 | TL12.25 Million | +19.60% |
| 2016-12-31 | TL10.24 Million | -48.81% |
| 2015-12-31 | TL20.00 Million | +4.25% |
| 2014-12-31 | TL19.19 Million | -11.42% |
| 2013-12-31 | TL21.66 Million | +13.65% |
| 2012-12-31 | TL19.06 Million | -19.77% |
| 2011-12-31 | TL23.76 Million | +53.24% |
| 2010-12-31 | TL15.50 Million | +9.27% |
| 2009-12-31 | TL14.19 Million | +8.26% |
| 2008-12-31 | TL13.11 Million | +10.32% |
| 2007-12-31 | TL11.88 Million | -13.90% |
| 2006-12-31 | TL13.80 Million | -22.23% |
| 2005-12-31 | TL17.74 Million | -100.00% |
| 2003-12-31 | TL20.98 Trillion | +35.10% |
| 2002-12-31 | TL15.53 Trillion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Petrokent Turizm 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 104381528500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.04 Billion | 82.42% |
| Other Components | TL222.62 Million | 17.58% |
| Total Equity | TL1.27 Billion | 100.00% |
Petrokent Turizm AS Competitors by Market Cap
The table below lists competitors of Petrokent Turizm AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Berner Kantonalbank AG
SW:BEKN
|
$3.61 Billion |
|
Ningbo Orient Wires and Cables Co Ltd
SHG:603606
|
$3.61 Billion |
|
ADMA Biologics Inc
NASDAQ:ADMA
|
$3.61 Billion |
|
Cadence Bancorp
NYSE:CADE
|
$3.61 Billion |
|
Zhejiang Jingsheng Mech Electric
SHE:300316
|
$3.60 Billion |
|
Shandong Hongchuang Aluminum Industry Holding Co Ltd
SHE:002379
|
$3.60 Billion |
|
Impala Platinum Holdings Limited
OTCQX:IMPUF
|
$3.60 Billion |
|
FIRST FIN. BANKSHS DL-01
F:FI6
|
$3.60 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Petrokent Turizm AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 841,079,414 to 1,266,435,064, a change of 425,355,650 (50.6%).
- Net income of 161,591,303 contributed positively to equity growth.
- Other factors increased equity by 263,764,347.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL161.59 Million | +12.76% |
| Other Changes | TL263.76 Million | +20.83% |
| Total Change | TL- | 50.57% |
Book Value vs Market Value Analysis
This analysis compares Petrokent Turizm 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: 103.42x
- 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 increased from 13.37x to 103.42x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL11.81 | TL157.90 | x |
| 2018-12-31 | TL29.14 | TL157.90 | x |
| 2019-12-31 | TL37.56 | TL157.90 | x |
| 2020-12-31 | TL37.00 | TL157.90 | x |
| 2021-12-31 | TL0.20 | TL157.90 | x |
| 2022-12-31 | TL10.13 | TL157.90 | x |
| 2023-12-31 | TL1.01 | TL157.90 | x |
| 2024-12-31 | TL1.53 | TL157.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Petrokent Turizm 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): 12.76%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.66%
- • Asset Turnover: 0.63x
- • Equity Multiplier: 1.21x
- Recent ROE (12.76%) is above the historical average (11.90%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 9.46% | 6.21% | 0.57x | 2.66x | TL-70.60K |
| 2009 | 7.63% | 4.75% | 0.62x | 2.59x | TL-336.80K |
| 2010 | 8.48% | 5.55% | 0.61x | 2.50x | TL-235.30K |
| 2011 | 28.78% | 22.72% | 0.67x | 1.88x | TL4.46 Million |
| 2013 | 12.69% | 8.88% | 0.77x | 1.85x | TL583.00K |
| 2014 | -9.43% | -7.68% | 0.58x | 2.10x | TL-3.73 Million |
| 2015 | 4.08% | 2.34% | 0.79x | 2.21x | TL-1.18 Million |
| 2016 | -95.33% | -49.22% | 0.47x | 4.15x | TL-10.79 Million |
| 2017 | 18.02% | 5.80% | 0.86x | 3.59x | TL981.76K |
| 2018 | 54.45% | 21.53% | 1.01x | 2.51x | TL13.43 Million |
| 2019 | 33.45% | 13.71% | 1.52x | 1.60x | TL9.13 Million |
| 2020 | -3.09% | -3.36% | 0.56x | 1.64x | TL-5.02 Million |
| 2021 | 35.63% | 39.53% | 0.68x | 1.32x | TL30.83 Million |
| 2022 | 34.56% | 31.38% | 0.84x | 1.32x | TL61.88 Million |
| 2023 | 38.24% | 48.99% | 0.64x | 1.22x | TL237.51 Million |
| 2024 | 12.76% | 16.66% | 0.63x | 1.21x | TL34.95 Million |
Industry Comparison
This section compares Petrokent Turizm AS's net assets metrics with peer companies in the Resorts & Casinos industry.
Industry Context
- Industry: Resorts & Casinos
- Average net assets among peers: $50,872,500
- Average return on equity (ROE) among peers: 3.28%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Petrokent Turizm AS (PKENT) | TL1.27 Billion | 9.46% | 0.21x | $3.60 Billion |
| Altin Yunus Cesme Turistik Tesisler AS (AYCES) | $97.83 Million | 0.00% | 0.23x | $12.03 Million |
| Merit Turizm Yatirim ve Isletme AS (MERIT) | $3.91 Million | 6.57% | 0.09x | $47.54 Million |