Tumosan Motor ve Traktor Sanayi AS
Tümosan Motor ve Traktör Sanayi A.S. engages in the production, marketing, and sale of diesel engines and tractors in Turkey and internationally. The company offers garden and field tractors; agricultural machinery engines, industrial engines, marine engines, and generator engines; animal breeding equipment, such as front loaders; and electric forklifts. Its diesel engines are used in tractors, a… Read more
Tumosan Motor ve Traktor Sanayi AS (TMSN) - Net Assets
Latest net assets as of September 2025: TL17.42 Billion TRY
Based on the latest financial reports, Tumosan Motor ve Traktor Sanayi AS (TMSN) has net assets worth TL17.42 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 (TL26.71 Billion) and total liabilities (TL9.29 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 | TL17.42 Billion |
| % of Total Assets | 65.22% |
| Annual Growth Rate | 42.46% |
| 5-Year Change | 694.61% |
| 10-Year Change | 2395.71% |
| Growth Volatility | 87.57 |
Tumosan Motor ve Traktor Sanayi AS - Net Assets Trend (2009–2024)
This chart illustrates how Tumosan Motor ve Traktor Sanayi 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 Tumosan Motor ve Traktor Sanayi AS (2009–2024)
The table below shows the annual net assets of Tumosan Motor ve Traktor Sanayi AS from 2009 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL6.55 Billion | -6.58% |
| 2023-12-31 | TL7.01 Billion | +332.41% |
| 2022-12-31 | TL1.62 Billion | +61.55% |
| 2021-12-31 | TL1.00 Billion | +21.76% |
| 2020-12-31 | TL824.58 Million | +12.71% |
| 2019-12-31 | TL731.58 Million | +82.94% |
| 2018-12-31 | TL399.91 Million | -5.56% |
| 2017-12-31 | TL423.44 Million | +39.73% |
| 2016-12-31 | TL303.05 Million | +15.43% |
| 2015-12-31 | TL262.54 Million | +15.91% |
| 2014-12-31 | TL226.51 Million | -3.07% |
| 2013-12-31 | TL233.69 Million | +17.73% |
| 2012-12-31 | TL198.49 Million | +39.76% |
| 2011-12-31 | TL142.02 Million | +191.65% |
| 2010-12-31 | TL48.69 Million | +50.22% |
| 2009-12-31 | TL32.41 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tumosan Motor ve Traktor Sanayi 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 455552053800.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.56 Billion | 69.53% |
| Other Components | TL2.00 Billion | 30.47% |
| Total Equity | TL6.55 Billion | 100.00% |
Tumosan Motor ve Traktor Sanayi AS Competitors by Market Cap
The table below lists competitors of Tumosan Motor ve Traktor Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Northern Technologies
NASDAQ:NTIC
|
$62.58 Million |
|
BCnC Co. Ltd.
KQ:146320
|
$62.58 Million |
|
Forte Bilgi Iletisim Teknologjileri ve Savunma Sanayi A.S.
IS:FORTE
|
$62.60 Million |
|
Casa de Bolsa Finamex S.A.B. de C.V
MX:FINAMEXO
|
$62.64 Million |
|
One Point One Solutions Limited
NSE:ONEPOINT
|
$62.58 Million |
|
Encounter Resources Ltd
AU:ENR
|
$62.55 Million |
|
AMPACS Corp.
TW:6743
|
$62.53 Million |
|
Parsan Makina Parcalari Sanayi AS
IS:PARSN
|
$62.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tumosan Motor ve Traktor Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,013,344,702 to 6,552,209,311, a change of -461,135,391 (-6.6%).
- Net loss of 456,035,229 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-456.04 Million | -6.96% |
| Other Changes | TL-5.10 Million | -0.08% |
| Total Change | TL- | -6.58% |
Book Value vs Market Value Analysis
This analysis compares Tumosan Motor ve Traktor Sanayi 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: 1.86x
- 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 28.71x to 1.86x 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 | TL3.68 | TL105.70 | x |
| 2018-12-31 | TL3.48 | TL105.70 | x |
| 2019-12-31 | TL6.36 | TL105.70 | x |
| 2020-12-31 | TL7.17 | TL105.70 | x |
| 2021-12-31 | TL8.73 | TL105.70 | x |
| 2022-12-31 | TL14.10 | TL105.70 | x |
| 2023-12-31 | TL60.99 | TL105.70 | x |
| 2024-12-31 | TL56.98 | TL105.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tumosan Motor ve Traktor Sanayi 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): -6.96%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.53%
- • Asset Turnover: 0.56x
- • Equity Multiplier: 1.90x
- Recent ROE (-6.96%) is below the historical average (9.14%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 14.93% | 10.16% | 0.89x | 1.65x | TL9.79 Million |
| 2013 | 26.56% | 13.94% | 1.55x | 1.23x | TL38.69 Million |
| 2014 | 10.03% | 5.21% | 1.38x | 1.39x | TL64.80K |
| 2015 | 12.80% | 7.48% | 1.27x | 1.35x | TL7.34 Million |
| 2016 | 13.21% | 8.00% | 1.14x | 1.44x | TL9.73 Million |
| 2017 | -3.09% | -2.26% | 1.00x | 1.37x | TL-55.43 Million |
| 2018 | -5.56% | -5.34% | 0.59x | 1.77x | TL-62.22 Million |
| 2019 | -4.70% | -9.36% | 0.30x | 1.67x | TL-107.52 Million |
| 2020 | 7.15% | 7.05% | 0.58x | 1.76x | TL-23.52 Million |
| 2021 | 5.04% | 4.50% | 0.55x | 2.02x | TL-49.83 Million |
| 2022 | 35.60% | 15.52% | 1.13x | 2.04x | TL415.25 Million |
| 2023 | 13.85% | 8.42% | 0.94x | 1.75x | TL269.69 Million |
| 2024 | -6.96% | -6.53% | 0.56x | 1.90x | TL-1.11 Billion |
Industry Comparison
This section compares Tumosan Motor ve Traktor Sanayi AS's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $143,573,068
- Average return on equity (ROE) among peers: -0.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tumosan Motor ve Traktor Sanayi AS (TMSN) | TL17.42 Billion | 14.93% | 0.53x | $62.58 Million |
| BVS AS (BVSAN) | $47.13 Million | 14.10% | 6.37x | $21.12 Million |
| Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS (KATMR) | $240.01 Million | -15.62% | 3.60x | $142.06 Million |