Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) - Net Assets
Based on the latest financial reports, Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) has net assets worth TL5.80 Billion TRY (≈ $129.91 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL7.35 Billion ≈ $164.67 Million USD) and total liabilities (TL1.55 Billion ≈ $34.75 Million USD). 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. Also explore Tek-Art Insaat Ticaret Turizm Sanayi ve (TEKTU) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL5.80 Billion |
| % of Total Assets | 78.89% |
| Annual Growth Rate | 28.11% |
| 5-Year Change | 359.46% |
| 10-Year Change | 3122.66% |
| Growth Volatility | 102.89 |
Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS - Net Assets Trend (2005–2025)
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. Check tangible net worth ratio of Tek-Art Insaat Ticaret Turizm Sanayi ve to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (2005–2025)
The table below shows the annual net assets of Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS from 2005 to 2025. For live valuation and market cap data, see TEKTU stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL5.40 Billion ≈ $120.85 Million |
-11.32% |
| 2024-12-31 | TL6.08 Billion ≈ $136.27 Million |
+18.64% |
| 2023-12-31 | TL5.13 Billion ≈ $114.87 Million |
+132.36% |
| 2022-12-31 | TL2.21 Billion ≈ $49.43 Million |
+87.93% |
| 2021-12-31 | TL1.17 Billion ≈ $26.30 Million |
+39.12% |
| 2020-12-31 | TL844.15 Million ≈ $18.91 Million |
-5.94% |
| 2019-12-31 | TL897.43 Million ≈ $20.10 Million |
-2.95% |
| 2018-12-31 | TL924.70 Million ≈ $20.71 Million |
+220.87% |
| 2017-12-31 | TL288.19 Million ≈ $6.45 Million |
+72.12% |
| 2016-12-31 | TL167.44 Million ≈ $3.75 Million |
-6.95% |
| 2015-12-31 | TL179.94 Million ≈ $4.03 Million |
+1.31% |
| 2014-12-31 | TL177.61 Million ≈ $3.98 Million |
+1.32% |
| 2013-12-31 | TL175.30 Million ≈ $3.93 Million |
+1.44% |
| 2012-12-31 | TL172.82 Million ≈ $3.87 Million |
+1.15% |
| 2011-12-31 | TL170.86 Million ≈ $3.83 Million |
+1.72% |
| 2010-12-31 | TL167.97 Million ≈ $3.76 Million |
+419.31% |
| 2009-12-31 | TL32.34 Million ≈ $724.42K |
+0.02% |
| 2008-12-31 | TL32.34 Million ≈ $724.24K |
-4.08% |
| 2007-12-31 | TL33.71 Million ≈ $755.08K |
-5.65% |
| 2006-12-31 | TL35.73 Million ≈ $800.26K |
-6.11% |
| 2005-12-31 | TL38.06 Million ≈ $852.38K |
-- |
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 5068181800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL50.68 Million | 0.94% |
| Other Components | TL5.35 Billion | 99.06% |
| Total Equity | TL5.40 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 |
|---|---|
|
Auto Trader Group plc
LSE:AUTO
|
$53.23 Million |
|
Prinsiri Public Company Limited
BK:PRIN
|
$53.24 Million |
|
XTPL SA
WAR:XTP
|
$53.24 Million |
|
Kamat Hotels (I) Limited
NSE:KAMATHOTEL
|
$53.24 Million |
|
HeiTech Padu Bhd
KLSE:5028
|
$53.20 Million |
|
Univastu India Limited
NSE:UNIVASTU
|
$53.19 Million |
|
Iskandar Waterfront City Bhd
KLSE:1589
|
$53.19 Million |
|
Y-Optics Manufacture Co. Ltd
KQ:066430
|
$53.19 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 2024 to 2025, total equity changed from 6,084,395,640 to 5,395,887,904, a change of -688,507,736 (-11.3%).
- Net loss of 676,621,339 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-676.62 Million | -12.54% |
| Other Changes | TL-11.89 Million | -0.22% |
| Total Change | TL- | -11.32% |
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: 0.44x
- 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 4.12x to 0.44x 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 | TL7.92 | x |
| 2018-12-31 | TL3.10 | TL7.92 | x |
| 2019-12-31 | TL3.01 | TL7.92 | x |
| 2020-12-31 | TL2.81 | TL7.92 | x |
| 2021-12-31 | TL3.91 | TL7.92 | x |
| 2022-12-31 | TL7.36 | TL7.92 | x |
| 2023-12-31 | TL17.10 | TL7.92 | x |
| 2024-12-31 | TL20.29 | TL7.92 | x |
| 2025-12-31 | TL17.99 | TL7.92 | 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): -12.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -549.40%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.24x
- Recent ROE (-12.54%) is below the historical average (-1.35%), 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-1.12 Billion |
| 2025 | -12.54% | -549.40% | 0.02x | 1.24x | TL-1.22 Billion |
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: $52,875,392
- Average return on equity (ROE) among peers: 8.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) | TL5.80 Billion | 0.83% | 0.27x | $53.20 Million |
| Kustur Kusadasi Turizm Endustrisi AS (KSTUR) | $49.31 Million | 28.47% | 0.07x | $237.67 Million |
| Marmaris Altinyunus Turistik Tesisleri AS (MAALT) | $55.27 Million | 1.71% | 0.14x | $194.10 Million |
| Marti Otel Isletmeleri AS (MARTI) | $92.51 Million | 4.39% | 1.64x | $19.71 Million |
| Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS (ULAS) | $14.40 Million | 0.00% | 0.39x | $12.04 Million |
About 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. The company 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.… Read more