Ral Yatirim Holding AS (RALYH) - Net Assets
Based on the latest financial reports, Ral Yatirim Holding AS (RALYH) has net assets worth TL6.09 Billion TRY (≈ $136.36 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL13.06 Billion ≈ $292.51 Million USD) and total liabilities (TL6.97 Billion ≈ $156.15 Million 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 RALYH financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL6.09 Billion |
| % of Total Assets | 46.62% |
| Annual Growth Rate | 121.47% |
| 5-Year Change | 4597.19% |
| 10-Year Change | N/A |
| Growth Volatility | 134.5 |
Ral Yatirim Holding AS - Net Assets Trend (2017–2024)
This chart illustrates how Ral Yatirim Holding AS's net assets have evolved over time, based on quarterly financial data. Also explore Ral Yatirim Holding AS total assets for the complete picture of this company's asset base.
Annual Net Assets for Ral Yatirim Holding AS (2017–2024)
The table below shows the annual net assets of Ral Yatirim Holding AS from 2017 to 2024. For live valuation and market cap data, see RALYH market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL3.46 Billion ≈ $77.47 Million |
+84.84% |
| 2023-12-31 | TL1.87 Billion ≈ $41.91 Million |
+388.10% |
| 2022-12-31 | TL383.38 Million ≈ $8.59 Million |
+272.69% |
| 2021-12-31 | TL102.87 Million ≈ $2.30 Million |
+39.70% |
| 2020-12-31 | TL73.63 Million ≈ $1.65 Million |
+242.53% |
| 2019-12-31 | TL21.50 Million ≈ $481.48K |
+1.36% |
| 2018-12-31 | TL21.21 Million ≈ $475.00K |
+60.35% |
| 2017-12-31 | TL13.23 Million ≈ $296.23K |
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Equity Component Analysis
This analysis shows how different components contribute to Ral Yatirim Holding 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 279849995100.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL2.75 Billion | 85.78% |
| Other Components | TL455.78 Million | 14.22% |
| Total Equity | TL3.21 Billion | 100.00% |
Ral Yatirim Holding AS Competitors by Market Cap
The table below lists competitors of Ral Yatirim Holding AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Xiamen Bank Co Ltd
SHG:601187
|
$2.88 Billion |
|
XINYI SOLAR UNSP.ADR/20
F:13X0
|
$2.88 Billion |
|
Western Union Co
NYSE:WU
|
$2.88 Billion |
|
Sino-American Silicon Products
TWO:5483
|
$2.88 Billion |
|
Joincare Pharmaceutical Group Industry Co Ltd
SHG:600380
|
$2.88 Billion |
|
Aerospace Hi-Tech Holding Group Co Ltd
SHE:000901
|
$2.88 Billion |
|
Green Brick Partners Inc
NYSE:GRBK
|
$2.88 Billion |
|
Ambarella Inc
NASDAQ:AMBA
|
$2.88 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ral Yatirim Holding AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,871,244,770 to 3,205,878,905, a change of 1,334,634,135 (71.3%).
- Net income of 1,303,725,038 contributed positively to equity growth.
- New share issuances of 3,018,757 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.30 Billion | +40.67% |
| Share Issuances | TL3.02 Million | +0.09% |
| Other Changes | TL27.89 Million | +0.87% |
| Total Change | TL- | 71.32% |
Book Value vs Market Value Analysis
This analysis compares Ral Yatirim Holding 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: 39.70x
- 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 1156.39x to 39.70x 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 | TL0.33 | TL386.25 | x |
| 2018-12-31 | TL0.39 | TL386.25 | x |
| 2019-12-31 | TL0.40 | TL386.25 | x |
| 2020-12-31 | TL1.17 | TL386.25 | x |
| 2021-12-31 | TL1.64 | TL386.25 | x |
| 2022-12-31 | TL6.13 | TL386.25 | x |
| 2023-12-31 | TL5.66 | TL386.25 | x |
| 2024-12-31 | TL9.73 | TL386.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ral Yatirim Holding 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): 40.67%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.87%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 2.28x
- Recent ROE (40.67%) is above the historical average (23.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 13.38% | 0.00% | 0.00x | 1.11x | TL446.43K |
| 2018 | 11.27% | 27.49% | 0.36x | 1.15x | TL269.89K |
| 2019 | 1.29% | 7.66% | 0.13x | 1.30x | TL-1.87 Million |
| 2020 | 6.62% | 3.99% | 0.80x | 2.06x | TL-2.49 Million |
| 2021 | 27.77% | 10.38% | 0.94x | 2.85x | TL18.28 Million |
| 2022 | 58.51% | 62.40% | 0.43x | 2.17x | TL185.97 Million |
| 2023 | 28.71% | 17.80% | 0.85x | 1.89x | TL350.07 Million |
| 2024 | 40.67% | 27.87% | 0.64x | 2.28x | TL983.14 Million |
Industry Comparison
This section compares Ral Yatirim Holding AS's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,425,607,088
- Average return on equity (ROE) among peers: 22.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ral Yatirim Holding AS (RALYH) | TL6.09 Billion | 13.38% | 1.15x | $2.88 Billion |
| Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) | $476.37 Million | 3.56% | 1.34x | $328.52 Million |
| Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) | $114.88 Million | 8.66% | 0.72x | $153.91 Million |
| Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) | $342.41 Million | 9.26% | 1.60x | $84.29 Million |
| ENKA Insaat ve Sanayi AS (ENKAI) | $9.55 Billion | 11.23% | 0.54x | $14.61 Billion |
| Girisim Elektrik Taahhut Ticaret & Sanayi AS (GESAN) | $340.89 Million | 59.45% | 1.44x | $632.59 Million |
| Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) | $151.00 Million | 19.58% | 0.24x | $7.75 Million |
| Orge Enerji Elektrik Taahhut AS (ORGE) | $1.32 Billion | 23.84% | 0.65x | $153.04 Million |
| Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) | $35.13 Million | 53.07% | 3.19x | $100.27 Million |
| Yayla Enerji Uretim Turizm ve (YAYLA) | $494.19 Million | 10.05% | 0.09x | $32.40 Million |
About Ral Yatirim Holding AS
Ral Yatirim Holding A.S. engages in the construction, energy, and education activities. It carries contracting works for housing projects, as well as large public projects. The company is also involved in the production and sale of renewable and clean energy; and operation of Kyrenia college. Ral Yatirim Holding A.S. was founded in 1976 and is based in Ankara, Turkey.