SEKER YATIRIM
Seker Yatirim Menkul Degerler A.S. provides capital market services in Turkey. It offers equity trading, SWEET, fixed income trading, corporate financing, research, asset management, investment advisory services, derivatives trading, and FX trading; and brokerage, portfolio brokerage, private portfolio management, investment advisory, initial public offering, and custody services. The company was… Read more
SEKER YATIRIM (SKYMD) - Net Assets
Latest net assets as of September 2024: TL905.58 Million TRY
Based on the latest financial reports, SEKER YATIRIM (SKYMD) has net assets worth TL905.58 Million TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.96 Billion) and total liabilities (TL1.06 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 | TL905.58 Million |
| % of Total Assets | 46.11% |
| Annual Growth Rate | 102.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 126.05 |
SEKER YATIRIM - Net Assets Trend (2021–2024)
This chart illustrates how SEKER YATIRIM'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 YATIRIM (2021–2024)
The table below shows the annual net assets of SEKER YATIRIM from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | TL781.51 Million | +80.00% |
| 2023-06-30 | TL434.18 Million | +307.52% |
| 2022-06-30 | TL106.54 Million | +13.00% |
| 2021-06-30 | TL94.29 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SEKER YATIRIM'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 decreased by 432.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL928.50 Million | 118.81% |
| Total Equity | TL781.51 Million | 100.00% |
SEKER YATIRIM Competitors by Market Cap
The table below lists competitors of SEKER YATIRIM ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Communication & System Solution Public Company Limited
BK:CSS
|
$17.83 Million |
|
Global Lights Acquisition Corp Unit
NASDAQ:GLACU
|
$17.83 Million |
|
SRP Groupe SA
PA:SRP
|
$17.83 Million |
|
PN Poong Nyun Co. Ltd
KQ:024940
|
$17.83 Million |
|
Delticom AG
F:DEX
|
$17.82 Million |
|
Pureprofile Ltd
AU:PPL
|
$17.82 Million |
|
ONDO INSURTECH LS -05
F:1AI
|
$17.81 Million |
|
Longduoduo Company Limited
PINK:LDDD
|
$17.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SEKER YATIRIM's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 434,178,513 to 781,513,498, a change of 347,334,985 (80.0%).
- Net income of 62,491,673 contributed positively to equity growth.
- Dividend payments of 12,447,120 reduced retained earnings.
- New share issuances of 240,237,590 increased equity.
- Other factors increased equity by 57,052,842.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL62.49 Million | +8.0% |
| Dividends Paid | TL12.45 Million | -1.59% |
| Share Issuances | TL240.24 Million | +30.74% |
| Other Changes | TL57.05 Million | +7.3% |
| Total Change | TL- | 80.00% |
Book Value vs Market Value Analysis
This analysis compares SEKER YATIRIM'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: 2.39x
- 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 19.79x to 2.39x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | TL0.61 | TL12.04 | x |
| 2022-06-30 | TL0.69 | TL12.04 | x |
| 2023-06-30 | TL2.80 | TL12.04 | x |
| 2024-06-30 | TL5.04 | TL12.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SEKER YATIRIM 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): 8.00%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.16%
- • Asset Turnover: 19.75x
- • Equity Multiplier: 2.57x
- Recent ROE (8.00%) is below the historical average (12.76%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 28.51% | 0.10% | 55.65x | 5.11x | TL17.46 Million |
| 2022 | 17.56% | 0.07% | 48.64x | 4.96x | TL8.06 Million |
| 2023 | -3.05% | -0.02% | 21.73x | 5.84x | TL-56.67 Million |
| 2024 | 8.00% | 0.16% | 19.75x | 2.57x | TL-15.66 Million |
Industry Comparison
This section compares SEKER YATIRIM's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $526,786,130
- Average return on equity (ROE) among peers: 18.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SEKER YATIRIM (SKYMD) | TL905.58 Million | 28.51% | 1.17x | $17.82 Million |
| A1 Capital Menkul Degerler AS (A1CAP) | $1.49 Billion | 43.89% | 1.82x | $66.15 Million |
| Atlas Menkul Kiymetler Yatirim Ortakligi AS (ATLAS) | $8.51 Million | -1.97% | 0.45x | $10.34 Million |
| BULLS GSYO (BULGS) | $1.62 Billion | 77.26% | 0.01x | $86.25 Million |
| DCT TRADING DIS TICARET (DCTTR) | $793.19 Million | -5.43% | 0.67x | $3.99 Million |
| DESTEK FINANS FAKTORING (DSTKF) | $979.57 Million | 28.81% | 4.35x | $4.23 Billion |
| Euro Yatirim Holding AS (EUHOL) | $45.96 Million | -0.85% | 0.50x | $47.26 Million |
| Gedik Yatirim Menkul Degerler AS (GEDIK) | $170.57 Million | 38.31% | 5.53x | $292.68 Million |
| Global Menkul Degerler AS (GLBMD) | $44.99 Million | -9.59% | 1.78x | $10.34 Million |
| Info Yatirim AS (INFO) | $22.97 Million | 0.00% | 0.41x | $63.92 Million |
| Is Yatirim Menkul Degerler AS (ISMEN) | $97.88 Million | 11.58% | 0.10x | $648.25 Million |