Tetamat Gida Yatirimlari AS
Tetamat Gida Yatirimlari A.S. operates in the food industry in Turkey. It offers fruits, vegetables, teas, snacks, semi-finished products, and related auxiliary materials; and is involved in operations, purchase, sale, processing, marketing, brokerage, dealership, export, and import of dried or canned vegetables and fruits. The company was formerly known as Taze Kuru Gida Sanayi ve Ticaret A.S. a… Read more
Tetamat Gida Yatirimlari AS (TETMT) - Net Assets
Latest net assets as of September 2024: TL369.05 Million TRY
Based on the latest financial reports, Tetamat Gida Yatirimlari AS (TETMT) has net assets worth TL369.05 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 (TL584.13 Million) and total liabilities (TL215.09 Million). 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 | TL369.05 Million |
| % of Total Assets | 63.18% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1766.41 |
Tetamat Gida Yatirimlari AS - Net Assets Trend (2020–2023)
This chart illustrates how Tetamat Gida Yatirimlari 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 Tetamat Gida Yatirimlari AS (2020–2023)
The table below shows the annual net assets of Tetamat Gida Yatirimlari AS from 2020 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL65.46 Million | +3449.41% |
| 2022-12-31 | TL1.84 Million | -83.42% |
| 2021-12-31 | TL11.12 Million | +7251.78% |
| 2020-12-31 | TL-155.52K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tetamat Gida Yatirimlari 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 decreased by 2344021100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL97.95 Million | 149.63% |
| Total Equity | TL65.46 Million | 100.00% |
Tetamat Gida Yatirimlari AS Competitors by Market Cap
The table below lists competitors of Tetamat Gida Yatirimlari AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Desiccant Technology Corporation
TW:5292
|
$120.51 Million |
|
Foraco International SA
PINK:FRACF
|
$120.53 Million |
|
Globaltek Fabrication Co Ltd
TW:4566
|
$120.53 Million |
|
APAC Resources Limited
F:FZV1
|
$120.60 Million |
|
Caisse Reg Cred Agric Mut Tourain Poitou
PA:CRTO
|
$120.47 Million |
|
Empire Energy Group Limited
PINK:EEGUF
|
$120.45 Million |
|
ACME UTD CORP. DL 250
F:UT1
|
$120.42 Million |
|
AS Merko Ehitus
F:MKS
|
$120.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tetamat Gida Yatirimlari AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 1,844,319 to 65,462,442, a change of 63,618,123 (3449.4%).
- Net income of 46,406,308 contributed positively to equity growth.
- New share issuances of 6,500,000 increased equity.
- Other factors increased equity by 10,711,815.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL46.41 Million | +70.89% |
| Share Issuances | TL6.50 Million | +9.93% |
| Other Changes | TL10.71 Million | +16.36% |
| Total Change | TL- | 3449.41% |
Book Value vs Market Value Analysis
This analysis compares Tetamat Gida Yatirimlari 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: 167.40x
- 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 |
|---|---|---|---|
| 2020-12-31 | TL-0.16 | TL9800.00 | x |
| 2021-12-31 | TL9.95 | TL9800.00 | x |
| 2022-12-31 | TL1.65 | TL9800.00 | x |
| 2023-12-31 | TL58.54 | TL9800.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tetamat Gida Yatirimlari 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): 70.89%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 93.83%
- • Asset Turnover: 0.45x
- • Equity Multiplier: 1.70x
- Recent ROE (70.89%) is above the historical average (-121.11%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 0.00% | -109.68% | 0.85x | 0.00x | TL-4.65 Million |
| 2021 | -52.09% | -68.48% | 0.67x | 1.14x | TL-6.91 Million |
| 2022 | -503.24% | -36.97% | 0.99x | 13.73x | TL-9.47 Million |
| 2023 | 70.89% | 93.83% | 0.45x | 1.70x | TL39.86 Million |
Industry Comparison
This section compares Tetamat Gida Yatirimlari AS's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,493,499,442
- Average return on equity (ROE) among peers: 12.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tetamat Gida Yatirimlari AS (TETMT) | TL369.05 Million | 0.00% | 0.58x | $120.51 Million |
| Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) | $3.07 Billion | 9.64% | 0.33x | $11.81 Million |
| AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD) | $489.33 Million | 23.15% | 0.48x | $32.74 Million |
| Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT) | $6.35 Billion | 21.63% | 1.48x | $36.03 Million |
| Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi (BESLR) | $12.47 Billion | 12.12% | 1.23x | $61.42 Million |
| Dardanel Onentas Gida Sanayi AS (DARDL) | $-202.44 Million | 0.00% | 0.00x | $42.55 Million |
| Dmr Unlu Mamuller Uretim Gida Toptan Perakende Ihracat A.S. (DMRGD) | $497.09 Million | -5.37% | 1.70x | $82.71 Million |
| DURUKAN SEKERLEME (DURKN) | $1.72 Billion | 5.87% | 0.56x | $6.37 Million |
| Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN) | $73.02 Million | 15.87% | 9.10x | $8.54 Million |
| ERSU Meyve ve Gida Sanayi AS (ERSU) | $44.15 Million | 0.14% | 0.19x | $15.35 Million |
| Fade Gida Yatirim Sanayi Ticaret As (FADE) | $423.38 Million | 41.75% | 0.35x | $13.74 Million |