Tugcelik Aluminyum ve Metal
Tugçelik Alüminyum Ve Metal Mamulleri Sanayi Ve Ticaret A.S. produces and sells pressure die casting aluminum parts in Turkey. It also engages in the melting, foundry, molding shop, CNC machining, and other processes activities. It serves automotive, white goods, telecommunication, agricultural equipment, electrical, and mechanical industries. Tugçelik Alüminyum Ve Metal Mamulleri Sanayi Ve Ticar… Read more
Tugcelik Aluminyum ve Metal (TUCLK) - Net Assets
Latest net assets as of September 2025: TL3.26 Billion TRY
Based on the latest financial reports, Tugcelik Aluminyum ve Metal (TUCLK) has net assets worth TL3.26 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 (TL6.64 Billion) and total liabilities (TL3.38 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 | TL3.26 Billion |
| % of Total Assets | 49.07% |
| Annual Growth Rate | 42.17% |
| 5-Year Change | 2027.51% |
| 10-Year Change | 4647.04% |
| Growth Volatility | 95.46 |
Tugcelik Aluminyum ve Metal - Net Assets Trend (2011–2024)
This chart illustrates how Tugcelik Aluminyum ve Metal's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tugcelik Aluminyum ve Metal (2011–2024)
The table below shows the annual net assets of Tugcelik Aluminyum ve Metal from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.31 Billion | +6.32% |
| 2023-12-31 | TL2.17 Billion | +360.69% |
| 2022-12-31 | TL471.10 Million | +91.51% |
| 2021-12-31 | TL245.99 Million | +126.81% |
| 2020-12-31 | TL108.46 Million | +15.08% |
| 2019-12-31 | TL94.25 Million | +5.74% |
| 2018-12-31 | TL89.13 Million | +1.76% |
| 2017-12-31 | TL87.59 Million | +47.77% |
| 2016-12-31 | TL59.27 Million | +21.94% |
| 2015-12-31 | TL48.61 Million | +3.89% |
| 2014-12-31 | TL46.79 Million | +80.50% |
| 2013-12-31 | TL25.92 Million | +4.03% |
| 2012-12-31 | TL24.92 Million | +4.72% |
| 2011-12-31 | TL23.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tugcelik Aluminyum ve Metal'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 115219032700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.15 Billion | 49.93% |
| Other Components | TL1.16 Billion | 50.07% |
| Total Equity | TL2.31 Billion | 100.00% |
Tugcelik Aluminyum ve Metal Competitors by Market Cap
The table below lists competitors of Tugcelik Aluminyum ve Metal ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hanchang
KO:005110
|
$12.60 Million |
|
OneConstruction Group Limited Ordinary Shares
NASDAQ:ONEG
|
$12.60 Million |
|
Heavy Minerals Ltd
AU:HVY
|
$12.60 Million |
|
Zinitix Co.Ltd
KQ:303030
|
$12.60 Million |
|
CHAOSUA FOODS INDUSTRY PUBLIC COMPANY LIMITED
BK:CHAO
|
$12.59 Million |
|
Mcphersons Ltd
AU:MCP
|
$12.59 Million |
|
TagMaster AB Series B
ST:TAGM-B
|
$12.59 Million |
|
Klondike Gold Corp
OTCQB:KDKGF
|
$12.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tugcelik Aluminyum ve Metal's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,170,323,002 to 2,307,450,233, a change of 137,127,231 (6.3%).
- Net income of 174,851,839 contributed positively to equity growth.
- Other factors decreased equity by 37,724,608.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL174.85 Million | +7.58% |
| Other Changes | TL-37.72 Million | -1.63% |
| Total Change | TL- | 6.32% |
Book Value vs Market Value Analysis
This analysis compares Tugcelik Aluminyum ve Metal'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: 0.62x
- 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 1.52x to 0.62x 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 | TL2.92 | TL4.44 | x |
| 2018-12-31 | TL2.97 | TL4.44 | x |
| 2019-12-31 | TL3.14 | TL4.44 | x |
| 2020-12-31 | TL3.62 | TL4.44 | x |
| 2021-12-31 | TL8.20 | TL4.44 | x |
| 2022-12-31 | TL15.70 | TL4.44 | x |
| 2023-12-31 | TL6.69 | TL4.44 | x |
| 2024-12-31 | TL7.11 | TL4.44 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tugcelik Aluminyum ve Metal 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): 7.58%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.83%
- • Asset Turnover: 0.36x
- • Equity Multiplier: 1.95x
- Recent ROE (7.58%) is below the historical average (9.00%), 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 | 4.68% | 1.85% | 0.87x | 2.91x | TL-1.32 Million |
| 2013 | 3.88% | 1.87% | 0.50x | 4.19x | TL-1.59 Million |
| 2014 | 4.29% | 3.17% | 0.44x | 3.06x | TL-2.67 Million |
| 2015 | 3.56% | 2.19% | 0.42x | 3.86x | TL-3.13 Million |
| 2016 | 18.36% | 14.09% | 0.54x | 2.39x | TL4.95 Million |
| 2017 | 3.64% | 2.83% | 0.61x | 2.11x | TL-5.57 Million |
| 2018 | -7.11% | -4.05% | 0.71x | 2.47x | TL-15.25 Million |
| 2019 | 1.70% | 0.88% | 0.74x | 2.64x | TL-7.82 Million |
| 2020 | 6.39% | 3.69% | 0.56x | 3.10x | TL-3.91 Million |
| 2021 | 30.96% | 23.51% | 0.49x | 2.70x | TL51.56 Million |
| 2022 | 18.41% | 12.91% | 0.47x | 3.01x | TL39.64 Million |
| 2023 | 20.61% | 21.66% | 0.42x | 2.25x | TL230.29 Million |
| 2024 | 7.58% | 10.83% | 0.36x | 1.95x | TL-55.89 Million |
Industry Comparison
This section compares Tugcelik Aluminyum ve Metal's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,267,372,421
- Average return on equity (ROE) among peers: 10.94%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tugcelik Aluminyum ve Metal (TUCLK) | TL3.26 Billion | 4.68% | 1.04x | $12.60 Million |
| Burcelik Vana Sanayi ve Ticaret AS (BURVA) | $7.70 Million | 0.00% | 0.52x | $95.26 Million |
| Celik Halat ve Tel Sanayi AS (CELHA) | $34.61 Million | 22.61% | 1.89x | $20.57 Million |
| Cemas Dokum Sanayi AS (CEMAS) | $12.72 Million | 0.00% | 0.74x | $64.68 Million |
| Demisas Dokum Emaye Mamulleri Sanayi AS (DMSAS) | $61.06 Million | 8.74% | 2.76x | $28.83 Million |
| Erbosan Erciyas Boru Sanayi Ve Ticaret AS (ERBOS) | $665.67 Million | 29.49% | 0.64x | $91.44 Million |
| KOC METALURJI (KOCMT) | $5.04 Billion | 1.57% | 0.44x | $19.79 Million |
| KIRAC GALVANIZ (TCKRC) | $3.05 Billion | 14.14% | 0.25x | $54.14 Million |