Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS
Türker Proje Gayrimenkul ve Yatirim Gelistirme A.S., develops real estate properties in Turkey. The company was formerly known as Mutlu Yatirim Proje ve Gayrimenkul Gelistirme A.S. and changed its name to Türker Proje Gayrimenkul ve Yatirim Gelistirme A.S. in May 2015. The company was incorporated in 2013 and is headquartered in Istanbul, Turkey. Türker Proje Gayrimenkul ve Yatirim Gelistirme A.S… Read more
Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS (TURGG) - Net Assets
Latest net assets as of June 2025: TL1.87 Billion TRY
Based on the latest financial reports, Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS (TURGG) has net assets worth TL1.87 Billion TRY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL2.45 Billion) and total liabilities (TL583.33 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 | TL1.87 Billion |
| % of Total Assets | 76.19% |
| Annual Growth Rate | 25.19% |
| 5-Year Change | 955.16% |
| 10-Year Change | 1014.5% |
| Growth Volatility | 72.02 |
Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS - Net Assets Trend (2013–2024)
This chart illustrates how Turker Proje Gayrimenkul Ve Yatirim Gelistirme 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 Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS (2013–2024)
The table below shows the annual net assets of Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.60 Billion | +4.36% |
| 2023-12-31 | TL1.53 Billion | +182.08% |
| 2022-12-31 | TL543.61 Million | +197.80% |
| 2021-12-31 | TL182.54 Million | +20.36% |
| 2020-12-31 | TL151.66 Million | +3.69% |
| 2019-12-31 | TL146.25 Million | +1.61% |
| 2018-12-31 | TL143.93 Million | -7.33% |
| 2017-12-31 | TL155.32 Million | +7.93% |
| 2016-12-31 | TL143.90 Million | +0.22% |
| 2015-12-31 | TL143.58 Million | +2.50% |
| 2014-12-31 | TL140.08 Million | +3.68% |
| 2013-12-31 | TL135.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Turker Proje Gayrimenkul Ve Yatirim Gelistirme 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 150398264600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.50 Billion | 93.99% |
| Other Components | TL96.23 Million | 6.01% |
| Total Equity | TL1.60 Billion | 100.00% |
Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS Competitors by Market Cap
The table below lists competitors of Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cuulong Fish JSC
VN:ACL
|
$25.35 Million |
|
Ascelia Pharma AB (publ)
ST:ACE
|
$25.35 Million |
|
Duck Yang Ind
KO:024900
|
$25.35 Million |
|
Avadh Sugar & Energy Limited
NSE:AVADHSUGAR
|
$25.36 Million |
|
Multicampus Corporation
KQ:067280
|
$25.32 Million |
|
Haulotte Group SA
PA:PIG
|
$25.32 Million |
|
ATA Creativity Global
NASDAQ:AACG
|
$25.30 Million |
|
Thai Optical Group Public Company Limited
BK:TOG
|
$25.30 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,533,391,671 to 1,600,212,373, a change of 66,820,702 (4.4%).
- Net income of 61,844,859 contributed positively to equity growth.
- New share issuances of 5,000,000 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL61.84 Million | +3.86% |
| Share Issuances | TL5.00 Million | +0.31% |
| Other Changes | TL-24.16K | -0.0% |
| Total Change | TL- | 4.36% |
Book Value vs Market Value Analysis
This analysis compares Turker Proje Gayrimenkul Ve Yatirim Gelistirme 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: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.28x to 2.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL21.81 | TL27.90 | x |
| 2018-12-31 | TL20.21 | TL27.90 | x |
| 2019-12-31 | TL20.54 | TL27.90 | x |
| 2020-12-31 | TL21.30 | TL27.90 | x |
| 2021-12-31 | TL25.64 | TL27.90 | x |
| 2022-12-31 | TL76.34 | TL27.90 | x |
| 2023-12-31 | TL11.96 | TL27.90 | x |
| 2024-12-31 | TL12.48 | TL27.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turker Proje Gayrimenkul Ve Yatirim Gelistirme 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): 3.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.31x
- Recent ROE (3.86%) is below the historical average (10.22%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 3.55% | 0.00% | 0.00x | 1.25x | TL-9.03 Million |
| 2015 | 2.44% | 0.00% | 0.00x | 1.27x | TL-10.86 Million |
| 2016 | 0.22% | 0.00% | 0.00x | 1.22x | TL-14.08 Million |
| 2017 | 7.35% | 0.00% | 0.00x | 1.22x | TL-4.11 Million |
| 2018 | -7.90% | 0.00% | 0.00x | 1.22x | TL-25.77 Million |
| 2019 | 1.59% | 0.00% | 0.00x | 1.22x | TL-12.30 Million |
| 2020 | 3.57% | 0.00% | 0.00x | 1.22x | TL-9.76 Million |
| 2021 | 16.92% | 0.00% | 0.00x | 1.22x | TL12.63 Million |
| 2022 | 66.45% | 0.00% | 0.00x | 1.24x | TL306.85 Million |
| 2023 | 14.33% | 0.00% | 0.00x | 1.31x | TL66.39 Million |
| 2024 | 3.86% | 0.00% | 0.00x | 1.31x | TL-98.18 Million |
Industry Comparison
This section compares Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $15,157,679,081
- Average return on equity (ROE) among peers: 25.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS (TURGG) | TL1.87 Billion | 3.55% | 0.31x | $25.32 Million |
| BATI EGE GMYO (BEGYO) | $-279.91 Million | 0.00% | 0.00x | $34.72 Million |
| Dap Gayrimenkul Gelistirme AS (DAPGM) | $2.41 Billion | 69.36% | 2.02x | $322.10 Million |
| RONESANS GAYRIMENKUL YAT. (RGYAS) | $55.70 Billion | 32.83% | 0.50x | $150.04 Million |
| SUR TATIL EVLERI GMYO (SURGY) | $2.80 Billion | 0.00% | 0.18x | $72.97 Million |