TAB GIDA
Tab Gida Sanayi ve Ticaret A.S. operates and franchises fast food and restaurant chains in Turkey. It operates fast food hamburger, chicken and pizza restaurants under the Burger King, Popeyes, Sbarro, Arby's, Subway, Usta Dönerci and Usta Pideci brands. The company was incorporated in 1994 and is headquartered in Istanbul, Turkey.
TAB GIDA (TABGD) - Net Assets
Latest net assets as of September 2024: TL14.63 Billion TRY
Based on the latest financial reports, TAB GIDA (TABGD) has net assets worth TL14.63 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL22.53 Billion) and total liabilities (TL7.90 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 | TL14.63 Billion |
| % of Total Assets | 64.95% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | N/A |
TAB GIDA - Net Assets Trend (2021–2024)
This chart illustrates how TAB GIDA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for TAB GIDA (2021–2024)
The table below shows the annual net assets of TAB GIDA from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | TL9.68 Billion | +199.14% |
| 2023-06-30 | TL3.24 Billion | +2634.91% |
| 2022-06-30 | TL-127.65 Million | +65.63% |
| 2021-06-30 | TL-371.36 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TAB GIDA'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 418703855800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL3.48 Billion | 35.99% |
| Other Components | TL6.20 Billion | 64.01% |
| Total Equity | TL9.68 Billion | 100.00% |
TAB GIDA Competitors by Market Cap
The table below lists competitors of TAB GIDA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Companhia Brasileira De Distribuicao
PINK:CBDBY
|
$89.70 Million |
|
Complete Solaria, Inc. Common Stock
NASDAQ:CSLR
|
$89.72 Million |
|
Wismilak Inti Makmur Tbk
JK:WIIM
|
$89.82 Million |
|
BARK, Inc.
NYSE:BARK
|
$89.87 Million |
|
Gold Reserve Inc
OTCQX:GDRZF
|
$89.70 Million |
|
Pacific Edge Ltd
AU:PEB
|
$89.67 Million |
|
Inovio Pharmaceuticals Inc
NASDAQ:INO
|
$89.63 Million |
|
Caravel Minerals Ltd
AU:CVV
|
$89.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TAB GIDA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,235,886,518 to 9,679,897,203, a change of 6,444,010,685 (199.1%).
- Net income of 2,457,788,629 contributed positively to equity growth.
- New share issuances of 3,604,364,367 increased equity.
- Other factors increased equity by 381,857,689.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL2.46 Billion | +25.39% |
| Share Issuances | TL3.60 Billion | +37.24% |
| Other Changes | TL381.86 Million | +3.94% |
| Total Change | TL- | 199.14% |
Book Value vs Market Value Analysis
This analysis compares TAB GIDA'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: 6.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | TL-1.42 | TL258.25 | x |
| 2022-06-30 | TL-0.49 | TL258.25 | x |
| 2023-06-30 | TL12.38 | TL258.25 | x |
| 2024-06-30 | TL37.05 | TL258.25 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TAB GIDA 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): 25.39%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.30%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 1.56x
- Recent ROE (25.39%) is above the historical average (20.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -14.31% | 1.05x | 0.00x | TL-272.98 Million |
| 2022 | 0.00% | -3.40% | 1.40x | 0.00x | TL-117.73 Million |
| 2023 | 57.28% | 11.16% | 1.47x | 3.48x | TL1.53 Billion |
| 2024 | 25.39% | 12.30% | 1.32x | 1.56x | TL1.49 Billion |
Industry Comparison
This section compares TAB GIDA's net assets metrics with peer companies in the Restaurants industry.
Industry Context
- Industry: Restaurants
- Average net assets among peers: $250,156,210
- Average return on equity (ROE) among peers: 27.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TAB GIDA (TABGD) | TL14.63 Billion | 0.00% | 0.54x | $89.70 Million |
| Buyuk Sefler Gida Turizm (BIGCH) | $440.23 Million | 59.66% | 1.92x | $3.30 Million |
| Baydoner Restoranlari A.S. (BYDNR) | $22.87 Million | 11.15% | 6.94x | $18.48 Million |
| Etiler İnci Bufe Gida Sanayi ve Dis Ticaret AS (ETILR) | $287.37 Million | 11.66% | 1.29x | $9.84 Million |