SUR TATIL EVLERI GMYO
Sur Tatil Evleri Gayrimenkul Yatirim Ortakligi Anonim Sirketi engages in the real estate and tourism business in Turkey. It invests in, manages, and develops real estate properties, including timeshares and commercial units, with a focus on holiday homes and related facilities such as parks, sports areas, spa and wellness clubs, and children's clubs. The company was founded in 2022 and is based i… Read more
SUR TATIL EVLERI GMYO (SURGY) - Net Assets
Latest net assets as of June 2024: TL6.13 Billion TRY
Based on the latest financial reports, SUR TATIL EVLERI GMYO (SURGY) has net assets worth TL6.13 Billion TRY as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL7.53 Billion) and total liabilities (TL1.39 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 | TL6.13 Billion |
| % of Total Assets | 81.5% |
| Annual Growth Rate | 72.7% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
SUR TATIL EVLERI GMYO - Net Assets Trend (2022–2023)
This chart illustrates how SUR TATIL EVLERI GMYO's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for SUR TATIL EVLERI GMYO (2022–2023)
The table below shows the annual net assets of SUR TATIL EVLERI GMYO from 2022 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL4.84 Billion | +72.63% |
| 2022-12-31 | TL2.80 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to SUR TATIL EVLERI GMYO'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 34.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL3.56 Billion | 73.52% |
| Other Components | TL1.28 Billion | 26.48% |
| Total Equity | TL4.84 Billion | 100.00% |
SUR TATIL EVLERI GMYO Competitors by Market Cap
The table below lists competitors of SUR TATIL EVLERI GMYO ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GE Power India Limited
NSE:GEPIL
|
$73.01 Million |
|
Leofoo Development Co Ltd
TW:2705
|
$73.02 Million |
|
GSD Holding AS
IS:GSDHO
|
$73.06 Million |
|
Korea Ratings Co. Ltd
KQ:034950
|
$73.08 Million |
|
Community Bancshares Inc. (McArthur OH)
PINK:CNUN
|
$72.95 Million |
|
T.A.C. Consumer Public Company Limited
BK:TACC
|
$72.94 Million |
|
Prime Meridian Holding Company
OTCQX:PMHG
|
$72.93 Million |
|
Eltel AB
ST:ELTEL
|
$72.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SUR TATIL EVLERI GMYO's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 2,804,644,993 to 4,841,732,621, a change of 2,037,087,628 (72.6%).
- Net income of 909,086,594 contributed positively to equity growth.
- New share issuances of 1,139,038,572 increased equity.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL909.09 Million | +18.78% |
| Share Issuances | TL1.14 Billion | +23.53% |
| Other Changes | TL-11.04 Million | -0.23% |
| Total Change | TL- | 72.63% |
Book Value vs Market Value Analysis
This analysis compares SUR TATIL EVLERI GMYO'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: 1.99x
- 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 3.43x to 1.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | TL16.74 | TL57.50 | x |
| 2023-12-31 | TL28.91 | TL57.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SUR TATIL EVLERI GMYO 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): 18.78%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.19x
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2023 | 18.78% | 0.00% | 0.00x | 1.19x | TL424.91 Million |
Industry Comparison
This section compares SUR TATIL EVLERI GMYO's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $14,490,294,833
- Average return on equity (ROE) among peers: 25.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SUR TATIL EVLERI GMYO (SURGY) | TL6.13 Billion | 18.78% | 0.23x | $72.97 Million |
| BATI EGE GMYO (BEGYO) | $-279.91 Million | 0.00% | 0.00x | $34.72 Million |
| Dap Gayrimenkul Gelistirme AS (DAPGM) | $2.41 Billion | 69.36% | 2.02x | $322.10 Million |
| RONESANS GAYRIMENKUL YAT. (RGYAS) | $55.70 Billion | 32.83% | 0.50x | $150.04 Million |
| Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS (TURGG) | $135.11 Million | 0.00% | 0.24x | $25.32 Million |