Seker Finansal Kiralama AS

IS:SEKFK Turkey Credit Services
Market Cap
$29.36 Million
TL1.04 Billion TRY
Market Cap Rank
#25885 Global
#415 in Turkey
Share Price
TL10.41
Change (1 day)
+0.87%
52-Week Range
TL6.82 - TL10.41
All Time High
TL12.94
Categories
Companies in Turkey Credit Services Banking & Financial
About

Seker Finansal Kiralama A.S. provides equipment financing and leasing services. It offers leasing services for the purchase of production machinery, construction equipment and forklifts, logistics transportation and transportation equipment, commercial/passenger vehicles, agriculture equipment, medical devices, yachts and boats, real estate, and energy production and technology packages, as well … Read more

Seker Finansal Kiralama AS (SEKFK) - Net Assets

Latest net assets as of September 2025: TL847.04 Million TRY

Based on the latest financial reports, Seker Finansal Kiralama AS (SEKFK) has net assets worth TL847.04 Million TRY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.59 Billion) and total liabilities (TL3.74 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 TL847.04 Million
% of Total Assets 18.46%
Annual Growth Rate 15.07%
5-Year Change 646.43%
10-Year Change 1037.54%
Growth Volatility 36.21

Seker Finansal Kiralama AS - Net Assets Trend (2003–2024)

This chart illustrates how Seker Finansal Kiralama 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 Seker Finansal Kiralama AS (2003–2024)

The table below shows the annual net assets of Seker Finansal Kiralama AS from 2003 to 2024.

Year Net Assets Change
2024-12-31 TL699.15 Million +36.14%
2023-12-31 TL513.54 Million +82.23%
2022-12-31 TL281.81 Million +66.33%
2021-12-31 TL169.43 Million +80.89%
2020-12-31 TL93.67 Million +20.01%
2019-12-31 TL78.05 Million -7.29%
2018-12-31 TL84.19 Million +29.55%
2017-12-31 TL64.98 Million +0.11%
2016-12-31 TL64.91 Million +5.61%
2015-12-31 TL61.46 Million +11.84%
2014-12-31 TL54.96 Million +11.33%
2013-12-31 TL49.37 Million +11.81%
2012-12-31 TL44.15 Million +9.14%
2011-12-31 TL40.45 Million +13.98%
2010-12-31 TL35.49 Million +13.82%
2009-12-31 TL31.18 Million +96.88%
2008-12-31 TL15.84 Million -50.77%
2004-12-31 TL32.17 Million -12.32%
2003-12-31 TL36.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to Seker Finansal Kiralama 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 2576.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL295.27 Million 42.23%
Other Components TL403.88 Million 57.77%
Total Equity TL699.15 Million 100.00%

Seker Finansal Kiralama AS Competitors by Market Cap

The table below lists competitors of Seker Finansal Kiralama AS ranked by their market capitalization.

Company Market Cap
Dhunseri Ventures Limited
NSE:DVL
 		$18.29 Million
Teamphon Energy Co., Ltd.
TWO:3073
 		$18.30 Million
Ritco Logistics Limited
NSE:RITCO
 		$18.31 Million
HERIGE S.A. IN.EO 150
F:8YW
 		$18.31 Million
Yayla Enerji Uretim Turizm ve
IS:YAYLA
 		$18.29 Million
Vrc Real Estate and Investment JSC
VN:VRC
 		$18.29 Million
CEL-SCI CORP. NEW DL-01
F:LSRM
 		$18.29 Million
Toray Textiles (Thailand) Public Company Limited
BK:TTT
 		$18.29 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Seker Finansal Kiralama AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 513,545,000 to 699,155,000, a change of 185,610,000 (36.1%).
  • Net income of 160,907,000 contributed positively to equity growth.
  • Dividend payments of 16,507,000 reduced retained earnings.
  • Other factors increased equity by 41,210,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL160.91 Million +23.01%
Dividends Paid TL16.51 Million -2.36%
Other Changes TL41.21 Million +5.89%
Total Change TL- 36.14%

Book Value vs Market Value Analysis

This analysis compares Seker Finansal Kiralama 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: 1.49x
  • The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
  • The price-to-book ratio has decreased from 7.66x to 1.49x 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 TL1.36 TL10.41 x
2018-12-31 TL1.68 TL10.41 x
2019-12-31 TL1.56 TL10.41 x
2020-12-31 TL1.87 TL10.41 x
2021-12-31 TL3.38 TL10.41 x
2022-12-31 TL5.62 TL10.41 x
2023-12-31 TL5.14 TL10.41 x
2024-12-31 TL6.99 TL10.41 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Seker Finansal Kiralama 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): 23.01%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.71%
  • • Asset Turnover: 0.34x
  • • Equity Multiplier: 4.60x
  • Recent ROE (23.01%) is above the historical average (14.96%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2011 12.26% 20.71% 0.11x 5.19x TL914.00K
2012 8.04% 12.27% 0.10x 6.33x TL-865.70K
2013 10.64% 15.31% 0.09x 8.08x TL315.80K
2014 10.18% 12.62% 0.11x 7.30x TL98.80K
2015 11.14% 0.00% 0.00x 6.98x TL701.10K
2016 10.58% 17.41% 0.08x 7.76x TL375.50K
2017 8.09% 10.21% 0.09x 8.72x TL-1.24 Million
2018 4.89% 5.20% 0.13x 7.50x TL-4.29 Million
2019 -5.93% -5.93% 0.12x 8.25x TL-12.40 Million
2020 14.42% 13.34% 0.14x 7.83x TL4.12 Million
2021 28.34% 41.99% 0.11x 6.40x TL30.99 Million
2022 36.44% 27.93% 0.24x 5.40x TL74.26 Million
2023 37.28% 35.46% 0.23x 4.51x TL140.07 Million
2024 23.01% 14.71% 0.34x 4.60x TL90.99 Million

Industry Comparison

This section compares Seker Finansal Kiralama AS's net assets metrics with peer companies in the Credit Services industry.

Industry Context

  • Industry: Credit Services
  • Average net assets among peers: $2,045,364,743
  • Average return on equity (ROE) among peers: 22.16%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Seker Finansal Kiralama AS (SEKFK) TL847.04 Million 12.26% 4.42x $18.29 Million
Creditwest Faktoring AS (CRDFA) $44.48 Million 27.35% 3.24x $64.19 Million
Garanti Faktoring AS (GARFA) $140.38 Million 14.61% 20.30x $31.73 Million
Is Finansal Kiralama AS (ISFIN) $475.96 Million 13.38% 3.40x $150.35 Million
Katilimevim Tasaruf Finansman A.S. (KTLEV) $12.46 Billion 69.20% 2.81x $2.25 Billion
Lider Faktoring AS (LIDFA) $132.75 Million 17.00% 8.77x $23.06 Million
QNB Finans Finansal Kiralama AS (QNBFL) $1.04 Billion 13.56% 6.55x $7.20 Million
Vakif Finansal Kiralama AS (VAKFN) $29.80 Million 0.00% 3.93x $101.47 Million