Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS (TURGG) - Net Assets
Based on the latest financial reports, Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS (TURGG) has net assets worth TL1.87 Billion TRY (≈ $41.80 Million USD) 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 ≈ $54.86 Million USD) and total liabilities (TL583.33 Million ≈ $13.07 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. Read debt load of Turker Proje Gayrimenkul Ve Yatirim Geli for a breakdown of total debt and financial obligations.
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. Also explore total assets of Turker Proje Gayrimenkul Ve Yatirim Geli for the complete picture of this company's asset base.
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. For live valuation and market cap data, see TURGG market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL1.60 Billion ≈ $35.84 Million |
+4.36% |
| 2023-12-31 | TL1.53 Billion ≈ $34.34 Million |
+182.08% |
| 2022-12-31 | TL543.61 Million ≈ $12.18 Million |
+197.80% |
| 2021-12-31 | TL182.54 Million ≈ $4.09 Million |
+20.36% |
| 2020-12-31 | TL151.66 Million ≈ $3.40 Million |
+3.69% |
| 2019-12-31 | TL146.25 Million ≈ $3.28 Million |
+1.61% |
| 2018-12-31 | TL143.93 Million ≈ $3.22 Million |
-7.33% |
| 2017-12-31 | TL155.32 Million ≈ $3.48 Million |
+7.93% |
| 2016-12-31 | TL143.90 Million ≈ $3.22 Million |
+0.22% |
| 2015-12-31 | TL143.58 Million ≈ $3.22 Million |
+2.50% |
| 2014-12-31 | TL140.08 Million ≈ $3.14 Million |
+3.68% |
| 2013-12-31 | TL135.11 Million ≈ $3.03 Million |
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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 |
|---|---|
|
Sun Yad Construction Co Ltd
TW:1316
|
$114.93 Million |
|
Action SA
WAR:ACT
|
$114.94 Million |
|
Zeotech Ltd
AU:ZEO
|
$115.00 Million |
|
Hana Pharm Co Ltd
KO:293480
|
$115.01 Million |
|
Segro Plc
LSE:SGRO
|
$114.78 Million |
|
AVer Information Inc
TW:3669
|
$114.76 Million |
|
Zhong Yang Technology Co Ltd
TW:6668
|
$114.74 Million |
|
Positivo Tecnologia S.A
SA:POSI3
|
$114.73 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: 3.20x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 1.83x to 3.20x 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 | TL40.00 | x |
| 2018-12-31 | TL20.21 | TL40.00 | x |
| 2019-12-31 | TL20.54 | TL40.00 | x |
| 2020-12-31 | TL21.30 | TL40.00 | x |
| 2021-12-31 | TL25.64 | TL40.00 | x |
| 2022-12-31 | TL76.34 | TL40.00 | x |
| 2023-12-31 | TL11.96 | TL40.00 | x |
| 2024-12-31 | TL12.48 | TL40.00 | 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: $18,823,834,347
- Average return on equity (ROE) among peers: 59.21%
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 | $114.83 Million |
| Dap Gayrimenkul Gelistirme AS (DAPGM) | $235.73 Million | 79.48% | 3.59x | $625.58 Million |
| RONESANS GAYRIMENKUL YAT. (RGYAS) | $37.41 Billion | 38.94% | 1.04x | $1.38 Billion |
About 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