Platform Turizm Tasimacilik AS
Platform Turizm Tasimacilik Gida Insaat Temizlik Hizmetleri Sanayi ve Ticaret Anonim Sirketi provides personnel and student transportation. The company is involved in the fleet rental; construction equipment and specially equipped vehicle rental; camps and cultural trip organizations; travel agency management; food transportation and distribution services; and metrobus and public transportation s… Read more
Platform Turizm Tasimacilik AS (PLTUR) - Net Assets
Latest net assets as of September 2025: TL7.94 Billion TRY
Based on the latest financial reports, Platform Turizm Tasimacilik AS (PLTUR) has net assets worth TL7.94 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL12.67 Billion) and total liabilities (TL4.73 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 | TL7.94 Billion |
| % of Total Assets | 62.64% |
| Annual Growth Rate | 83.92% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 176.13 |
Platform Turizm Tasimacilik AS - Net Assets Trend (2020–2024)
This chart illustrates how Platform Turizm Tasimacilik 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 Platform Turizm Tasimacilik AS (2020–2024)
The table below shows the annual net assets of Platform Turizm Tasimacilik AS from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL6.16 Billion | +9.01% |
| 2023-12-31 | TL5.65 Billion | +45.96% |
| 2022-12-31 | TL3.87 Billion | +435.34% |
| 2021-12-31 | TL723.10 Million | +34.33% |
| 2020-12-31 | TL538.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Platform Turizm Tasimacilik 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 809.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.26 Billion | 69.13% |
| Other Components | TL1.90 Billion | 30.87% |
| Total Equity | TL6.16 Billion | 100.00% |
Platform Turizm Tasimacilik AS Competitors by Market Cap
The table below lists competitors of Platform Turizm Tasimacilik AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ablerex Electronics Co Ltd
TWO:3628
|
$36.60 Million |
|
Westhaven Ventures Inc
V:WHN
|
$36.61 Million |
|
Aureus Greenway Holdings Inc. Common Stock
NASDAQ:AGH
|
$36.62 Million |
|
Next Capital Public Company Limited
BK:NCAP
|
$36.63 Million |
|
Argo Yachts Development Co.,Ltd.
TWO:7566
|
$36.59 Million |
|
Dhampur Sugar Mills Limited
NSE:DHAMPURSUG
|
$36.59 Million |
|
MULTI-CHEM LTD
F:MQR1
|
$36.57 Million |
|
Mobile Infrastructure Corporation
NYSE MKT:BEEP
|
$36.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Platform Turizm Tasimacilik AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,650,128,450 to 6,159,110,918, a change of 508,982,468 (9.0%).
- Net income of 577,676,371 contributed positively to equity growth.
- Dividend payments of 15,568,554 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL577.68 Million | +9.38% |
| Dividends Paid | TL15.57 Million | -0.25% |
| Other Changes | TL-53.13 Million | -0.86% |
| Total Change | TL- | 9.01% |
Book Value vs Market Value Analysis
This analysis compares Platform Turizm Tasimacilik 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: 0.96x
- 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 10.95x to 0.96x 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 | TL2.20 | TL24.08 | x |
| 2021-12-31 | TL2.95 | TL24.08 | x |
| 2022-12-31 | TL15.82 | TL24.08 | x |
| 2023-12-31 | TL23.09 | TL24.08 | x |
| 2024-12-31 | TL25.16 | TL24.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Platform Turizm Tasimacilik 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): 9.38%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.09%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.47x
- Recent ROE (9.38%) is below the historical average (13.96%), 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 | 21.30% | 17.51% | 0.46x | 2.63x | TL60.84 Million |
| 2021 | 23.72% | 20.54% | 0.52x | 2.24x | TL99.21 Million |
| 2022 | 14.41% | 20.40% | 0.47x | 1.52x | TL170.84 Million |
| 2023 | 1.01% | 1.55% | 0.45x | 1.43x | TL-507.88 Million |
| 2024 | 9.38% | 14.09% | 0.45x | 1.47x | TL-38.23 Million |
Industry Comparison
This section compares Platform Turizm Tasimacilik AS's net assets metrics with peer companies in the Rental & Leasing Services industry.
Industry Context
- Industry: Rental & Leasing Services
- Average net assets among peers: $95,443,906
- Average return on equity (ROE) among peers: 18.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Platform Turizm Tasimacilik AS (PLTUR) | TL7.94 Billion | 21.30% | 0.60x | $36.60 Million |
| Beyaz Filo Oto Kiralama AS (BEYAZ) | $8.36 Million | 0.65% | 24.62x | $19.92 Million |
| Borlease Otomotiv A.S. (BORLS) | $-19.99 Million | 0.00% | 0.00x | $19.46 Million |
| Escar Turizm Tasimacilik Ticaret AS (ESCAR) | $104.53 Million | 25.33% | 4.40x | $33.04 Million |
| LDR Turizm AS (LIDER) | $288.87 Million | 48.56% | 2.44x | $297.89 Million |