Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS
Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar Anonim Sirketi engages in the tourism business in Turkey and internationally. It invests, builds, and operates hotels, holiday villages, resorts, golf facilities, restaurants, cafeterias, casinos and entertainment venues, beaches, amusement parks, marinas, yacht docks, tourist goods outlets, and regulation schools and related facilities. The comp… Read more
Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) - Net Assets
Latest net assets as of September 2025: TL5.85 Billion TRY
Based on the latest financial reports, Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) has net assets worth TL5.85 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL7.67 Billion) and total liabilities (TL1.81 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 | TL5.85 Billion |
| % of Total Assets | 76.37% |
| Annual Growth Rate | 28.77% |
| 5-Year Change | 450.66% |
| 10-Year Change | 2483.32% |
| Growth Volatility | 105.28 |
Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS - Net Assets Trend (2005–2024)
This chart illustrates how Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar 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 Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (2005–2024)
The table below shows the annual net assets of Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL4.65 Billion | -9.36% |
| 2023-12-31 | TL5.13 Billion | +132.36% |
| 2022-12-31 | TL2.21 Billion | +87.93% |
| 2021-12-31 | TL1.17 Billion | +39.12% |
| 2020-12-31 | TL844.15 Million | -5.94% |
| 2019-12-31 | TL897.43 Million | -2.95% |
| 2018-12-31 | TL924.70 Million | +220.87% |
| 2017-12-31 | TL288.19 Million | +72.12% |
| 2016-12-31 | TL167.44 Million | -6.95% |
| 2015-12-31 | TL179.94 Million | +1.31% |
| 2014-12-31 | TL177.61 Million | +1.32% |
| 2013-12-31 | TL175.30 Million | +1.44% |
| 2012-12-31 | TL172.82 Million | +1.15% |
| 2011-12-31 | TL170.86 Million | +1.72% |
| 2010-12-31 | TL167.97 Million | +419.31% |
| 2009-12-31 | TL32.34 Million | +0.02% |
| 2008-12-31 | TL32.34 Million | -4.08% |
| 2007-12-31 | TL33.71 Million | -5.65% |
| 2006-12-31 | TL35.73 Million | -6.11% |
| 2005-12-31 | TL38.06 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar 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 55565134400.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL555.65 Million | 11.95% |
| Other Components | TL4.09 Billion | 88.05% |
| Total Equity | TL4.65 Billion | 100.00% |
Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS Competitors by Market Cap
The table below lists competitors of Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SV Investment Corporation
KQ:289080
|
$93.04 Million |
|
Bell Financial Group Ltd
AU:BFG
|
$93.06 Million |
|
The Phoenix Holdings Ltd.
TA:PHOE
|
$93.09 Million |
|
TCM Group
CO:TCM
|
$93.11 Million |
|
Jean Co Ltd
TW:2442
|
$92.99 Million |
|
Energi Mega Persada Tbk
JK:ENRG
|
$92.98 Million |
|
Naturgy Chile Gas Natural S.A.
SN:NTGCLGAS
|
$92.97 Million |
|
CELTIC PLC LS 001
F:CCP
|
$92.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,128,556,861 to 4,648,409,101, a change of -480,147,760 (-9.4%).
- Net loss of 392,724,227 reduced equity.
- Other factors decreased equity by 87,423,533.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-392.72 Million | -8.45% |
| Other Changes | TL-87.42 Million | -1.88% |
| Total Change | TL- | -9.36% |
Book Value vs Market Value Analysis
This analysis compares Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar 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: 0.60x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 4.87x to 0.60x 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 | TL1.92 | TL9.36 | x |
| 2018-12-31 | TL3.10 | TL9.36 | x |
| 2019-12-31 | TL3.01 | TL9.36 | x |
| 2020-12-31 | TL2.81 | TL9.36 | x |
| 2021-12-31 | TL3.91 | TL9.36 | x |
| 2022-12-31 | TL7.36 | TL9.36 | x |
| 2023-12-31 | TL17.10 | TL9.36 | x |
| 2024-12-31 | TL15.50 | TL9.36 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar 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): -8.45%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -425.22%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.33x
- Recent ROE (-8.45%) is below the historical average (-0.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.83% | 12.56% | 0.06x | 1.07x | TL-15.40 Million |
| 2011 | 1.73% | 24.39% | 0.07x | 1.06x | TL-14.13 Million |
| 2012 | 1.14% | 17.05% | 0.06x | 1.10x | TL-15.32 Million |
| 2013 | 1.41% | 15.03% | 0.08x | 1.13x | TL-15.05 Million |
| 2014 | 1.30% | 14.92% | 0.07x | 1.26x | TL-15.45 Million |
| 2015 | 1.30% | 11.05% | 0.08x | 1.55x | TL-15.66 Million |
| 2016 | -7.48% | -431.84% | 0.01x | 1.82x | TL-29.26 Million |
| 2017 | 4.21% | 67.33% | 0.04x | 1.75x | TL-16.69 Million |
| 2018 | -6.00% | -159.29% | 0.03x | 1.36x | TL-147.95 Million |
| 2019 | -4.96% | -92.43% | 0.04x | 1.42x | TL-134.27 Million |
| 2020 | -6.67% | -269.47% | 0.02x | 1.55x | TL-140.70 Million |
| 2021 | -8.11% | -231.49% | 0.02x | 1.68x | TL-212.63 Million |
| 2022 | 19.72% | 923.61% | 0.02x | 1.40x | TL214.64 Million |
| 2023 | 0.91% | 37.41% | 0.02x | 1.33x | TL-466.15 Million |
| 2024 | -8.45% | -425.22% | 0.01x | 1.33x | TL-857.57 Million |
Industry Comparison
This section compares Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $218,527,455
- Average return on equity (ROE) among peers: 21.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) | TL5.85 Billion | 0.83% | 0.31x | $93.03 Million |
| Kustur Kusadasi Turizm Endustrisi AS (KSTUR) | $64.01 Million | 25.73% | 0.05x | $70.57 Million |
| Marmaris Altinyunus Turistik Tesisleri AS (MAALT) | $190.82 Million | 21.97% | 0.55x | $48.19 Million |
| Marti Otel Isletmeleri AS (MARTI) | $503.78 Million | -9.67% | 0.98x | $16.86 Million |
| Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS (ULAS) | $115.50 Million | 49.47% | 0.23x | $21.62 Million |