Politeknik Metal Sanayi ve (POLTK) - Net Assets
Based on the latest financial reports, Politeknik Metal Sanayi ve (POLTK) has net assets worth TL111.14 Million TRY (≈ $2.49 Million USD) as of September 2022. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL141.55 Million ≈ $3.17 Million USD) and total liabilities (TL30.41 Million ≈ $681.04K USD). 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. Check Politeknik Metal Sanayi ve (POLTK) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL111.14 Million |
| % of Total Assets | 78.52% |
| Annual Growth Rate | 32.5% |
| 5-Year Change | 161.16% |
| 10-Year Change | N/A |
| Growth Volatility | 24.12 |
Politeknik Metal Sanayi ve - Net Assets Trend (2012–2021)
This chart illustrates how Politeknik Metal Sanayi ve's net assets have evolved over time, based on quarterly financial data. Also explore how large is Politeknik Metal Sanayi ve's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Politeknik Metal Sanayi ve (2012–2021)
The table below shows the annual net assets of Politeknik Metal Sanayi ve from 2012 to 2021. For live valuation and market cap data, see how much is Politeknik Metal Sanayi ve worth.
| Year | Net Assets | Change |
|---|---|---|
| 2021-12-31 | TL58.20 Million ≈ $1.30 Million |
+43.43% |
| 2020-12-31 | TL40.58 Million ≈ $908.79K |
+29.78% |
| 2019-12-31 | TL31.27 Million ≈ $700.26K |
+2.24% |
| 2018-12-31 | TL30.58 Million ≈ $684.90K |
+37.22% |
| 2017-12-31 | TL22.29 Million ≈ $499.13K |
+43.66% |
| 2016-12-31 | TL15.51 Million ≈ $347.43K |
-4.26% |
| 2015-12-31 | TL16.20 Million ≈ $362.91K |
+51.83% |
| 2014-12-31 | TL10.67 Million ≈ $239.03K |
+80.88% |
| 2013-12-31 | TL5.90 Million ≈ $132.14K |
+27.57% |
| 2012-12-31 | TL4.62 Million ≈ $103.59K |
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Equity Component Analysis
This analysis shows how different components contribute to Politeknik Metal Sanayi ve'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 1619.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2021)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL49.50 Million | 85.05% |
| Common Stock | TL3.75 Million | 6.44% |
| Other Components | TL4.95 Million | 8.51% |
| Total Equity | TL58.20 Million | 100.00% |
Politeknik Metal Sanayi ve Competitors by Market Cap
The table below lists competitors of Politeknik Metal Sanayi ve ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Iljin HySolus Co Ltd
KO:271940
|
$449.85 Million |
|
ChoiceOne Financial Services Inc
NASDAQ:COFS
|
$449.91 Million |
|
Key Ware Electronics Co Ltd
TWO:5498
|
$450.01 Million |
|
Life & Banc Split Corp
TO:LBS
|
$450.11 Million |
|
Stitch Fix
NASDAQ:SFIX
|
$449.67 Million |
|
Itafos Corp
V:IFOS
|
$449.58 Million |
|
Visco Vision Inc.
TW:6782
|
$449.57 Million |
|
Belo Sun Mining Corp.
TO:BSX
|
$449.54 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Politeknik Metal Sanayi ve's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2020 to 2021, total equity changed from 40,575,494 to 58,199,177, a change of 17,623,683 (43.4%).
- Net income of 22,102,190 contributed positively to equity growth.
- Dividend payments of 7,536,153 reduced retained earnings.
- Other factors increased equity by 3,057,646.
Equity Change Factors (2020 to 2021)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL22.10 Million | +37.98% |
| Dividends Paid | TL7.54 Million | -12.95% |
| Other Changes | TL3.06 Million | +5.25% |
| Total Change | TL- | 43.43% |
Book Value vs Market Value Analysis
This analysis compares Politeknik Metal Sanayi ve'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: 345.04x
- 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 895.04x to 345.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL5.98 | TL5355.00 | x |
| 2019-12-31 | TL8.34 | TL5355.00 | x |
| 2020-12-31 | TL10.82 | TL5355.00 | x |
| 2021-12-31 | TL15.52 | TL5355.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Politeknik Metal Sanayi ve 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): 37.98%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 17.85%
- • Asset Turnover: 1.47x
- • Equity Multiplier: 1.45x
- Recent ROE (37.98%) is above the historical average (30.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 13.64% | 7.77% | 1.40x | 1.25x | TL390.93K |
| 2015 | 42.59% | 19.76% | 1.62x | 1.33x | TL5.29 Million |
| 2016 | 35.01% | 17.60% | 1.37x | 1.45x | TL3.90 Million |
| 2017 | 32.40% | 17.75% | 1.35x | 1.36x | TL5.03 Million |
| 2018 | 32.02% | 17.68% | 1.33x | 1.36x | TL6.73 Million |
| 2019 | 12.81% | 7.55% | 1.32x | 1.28x | TL877.17K |
| 2020 | 33.55% | 17.68% | 1.30x | 1.46x | TL9.55 Million |
| 2021 | 37.98% | 17.85% | 1.47x | 1.45x | TL16.28 Million |
Industry Comparison
This section compares Politeknik Metal Sanayi ve's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $633,847,544
- Average return on equity (ROE) among peers: 12.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Politeknik Metal Sanayi ve (POLTK) | TL111.14 Million | 13.64% | 0.27x | $449.77 Million |
| Dinamik Isi Makina Yalitim Malzemeleri Sanayi ve Ticaret AS (DNISI) | $79.77 Million | 10.80% | 0.27x | $53.95 Million |
| DYO Boya Fabrikalari Sanayi ve Ticaret AS (DYOBY) | $70.08 Million | 1.55% | 5.31x | $135.19 Million |
| Gediz Ambalaj Sanayi ve Ticaret AS (GEDZA) | $623.58 Million | 11.99% | 0.31x | $30.97 Million |
| Kalekim Kimyevi Maddeler Sanayi & Ticaret AS (KLKIM) | $238.58 Million | 35.18% | 0.97x | $351.12 Million |
| Kimteks Poliuretan Sanayi ve Ticaret AS (KMPUR) | $2.64 Billion | -39.63% | 2.68x | $224.33 Million |
| Koza Polyester Sanayi ve Ticaret A.S. (KOPOL) | $707.67 Million | 21.14% | 1.62x | $172.26 Million |
| Mega Polietilen Kopuk Sanayi ve Ticaret AS (MEGAP) | $353.45 Million | 30.19% | 3.46x | $16.01 Million |
| Mercan Kimya Sanayi ve Ticaret AS (MERCN) | $74.03 Million | 41.28% | 2.82x | $101.48 Million |
| Marshall Boya ve Vernik Sanayi AS (MRSHL) | $116.06 Million | 11.36% | 0.42x | $373.05 Million |
| Polisan Holding AS (POLHO) | $1.44 Billion | 4.55% | 0.59x | $361.51 Million |
About Politeknik Metal Sanayi ve
Politeknik Metal Sanayi ve Ticaret Anonim Sirketi manufactures and sells aluminum surface treatment chemicals in Türkiye. The company offers aluminum surface finishing chemicals, turnkey anodize lines, and equipment supply services, as well as engineering/design/consultancy services for anodizing lines. It also exports its products. The company was incorporated in 1985 and is headquartered in Ist… Read more