Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS (ULAS) - Net Assets
Based on the latest financial reports, Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS (ULAS) has net assets worth TL276.89 Million TRY (≈ $6.20 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL564.53 Million ≈ $12.64 Million USD) and total liabilities (TL287.64 Million ≈ $6.44 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. Check ULAS asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL276.89 Million |
| % of Total Assets | 49.05% |
| Annual Growth Rate | 35.59% |
| 5-Year Change | 751.93% |
| 10-Year Change | 1406.71% |
| Growth Volatility | 105.81 |
Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS - Net Assets Trend (2009–2023)
This chart illustrates how Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS's net assets have evolved over time, based on quarterly financial data. Also explore Ulaslar Turizm Yatirimlari ve Dayanikli total assets for the complete picture of this company's asset base.
Annual Net Assets for Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS (2009–2023)
The table below shows the annual net assets of Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS from 2009 to 2023. For live valuation and market cap data, see how much is Ulaslar Turizm Yatirimlari ve Dayanikli worth.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | TL214.36 Million ≈ $4.80 Million |
+85.59% |
| 2022-12-31 | TL115.50 Million ≈ $2.59 Million |
+98.27% |
| 2021-12-31 | TL58.25 Million ≈ $1.30 Million |
+87.28% |
| 2020-12-31 | TL31.11 Million ≈ $696.70K |
+23.63% |
| 2019-12-31 | TL25.16 Million ≈ $563.55K |
-4.11% |
| 2018-12-31 | TL26.24 Million ≈ $587.72K |
+4.06% |
| 2017-12-31 | TL25.22 Million ≈ $564.80K |
+189.12% |
| 2016-12-31 | TL8.72 Million ≈ $195.35K |
-24.75% |
| 2015-12-31 | TL11.59 Million ≈ $259.60K |
-18.53% |
| 2014-12-31 | TL14.23 Million ≈ $318.65K |
-6.67% |
| 2013-12-31 | TL15.24 Million ≈ $341.40K |
-11.63% |
| 2012-12-31 | TL17.25 Million ≈ $386.36K |
+26.02% |
| 2011-12-31 | TL13.69 Million ≈ $306.58K |
-4.98% |
| 2010-12-31 | TL14.40 Million ≈ $322.63K |
+376.83% |
| 2009-12-31 | TL3.02 Million ≈ $67.66K |
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Equity Component Analysis
This analysis shows how different components contribute to Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama 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 1247.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL22.60 Million | 10.54% |
| Other Components | TL191.76 Million | 89.46% |
| Total Equity | TL214.36 Million | 100.00% |
Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS Competitors by Market Cap
The table below lists competitors of Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Les Enphants Co Ltd
TW:2911
|
$16.89 Million |
|
Primega Group Holdings Limited
NASDAQ:ZDAI
|
$16.90 Million |
|
Safeture AB
ST:SFTR
|
$16.91 Million |
|
PeterLabs Holdings Bhd
KLSE:0171
|
$16.93 Million |
|
Middle Island Resources Ltd
AU:MDI
|
$16.87 Million |
|
Landmarks Bhd
KLSE:1643
|
$16.86 Million |
|
Cruzados SADP
SN:CRUZADOS
|
$16.84 Million |
|
Managepay Systems Bhd
KLSE:0156
|
$16.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 115,498,860 to 214,359,313, a change of 98,860,453 (85.6%).
- Net income of 21,753,485 contributed positively to equity growth.
- Other factors increased equity by 77,106,968.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL21.75 Million | +10.15% |
| Other Changes | TL77.11 Million | +35.97% |
| Total Change | TL- | 85.59% |
Book Value vs Market Value Analysis
This analysis compares Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama 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: 3.52x
- 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 decreased from 29.89x to 3.52x 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 | TL0.99 | TL29.70 | x |
| 2018-12-31 | TL1.03 | TL29.70 | x |
| 2019-12-31 | TL0.99 | TL29.70 | x |
| 2020-12-31 | TL1.23 | TL29.70 | x |
| 2021-12-31 | TL2.30 | TL29.70 | x |
| 2022-12-31 | TL4.55 | TL29.70 | x |
| 2023-12-31 | TL8.45 | TL29.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama 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): 10.15%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 2.25x
- Recent ROE (10.15%) is above the historical average (8.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -7.39% | -17.67% | 0.19x | 2.22x | TL-2.47 Million |
| 2015 | -46.27% | -406.23% | 0.04x | 3.16x | TL-6.52 Million |
| 2016 | -52.63% | 0.00% | 0.00x | 4.43x | TL-5.46 Million |
| 2017 | 64.00% | 0.00% | 0.00x | 1.43x | TL13.62 Million |
| 2018 | 4.42% | 0.00% | 0.00x | 1.31x | TL-1.46 Million |
| 2019 | -4.21% | 0.00% | 0.00x | 1.22x | TL-3.57 Million |
| 2020 | 19.03% | 0.00% | 0.00x | 1.14x | TL2.81 Million |
| 2021 | 46.64% | 0.00% | 0.00x | 1.33x | TL21.35 Million |
| 2022 | 49.47% | 0.00% | 0.00x | 1.23x | TL45.59 Million |
| 2023 | 10.15% | 0.00% | 0.00x | 2.25x | TL317.55K |
Industry Comparison
This section compares Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS's net assets metrics with peer companies in the Lodging industry.
Industry Context
- Industry: Lodging
- Average net assets among peers: $1,455,574,560
- Average return on equity (ROE) among peers: 6.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS (ULAS) | TL276.89 Million | -7.39% | 1.04x | $16.88 Million |
| Kustur Kusadasi Turizm Endustrisi AS (KSTUR) | $622.51 Million | 37.06% | 0.04x | $303.27 Million |
| Marmaris Altinyunus Turistik Tesisleri AS (MAALT) | $47.60 Million | 8.71% | 0.13x | $218.28 Million |
| Marti Otel Isletmeleri AS (MARTI) | $503.78 Million | -9.67% | 0.98x | $29.23 Million |
| Tek-Art Insaat Ticaret Turizm Sanayi ve Yatirimlar AS (TEKTU) | $4.65 Billion | -8.45% | 0.33x | $81.35 Million |
About Ulaslar Turizm Yatirimlari ve Dayanikli Tuketim Mallari Ticaret Pazarlama AS
Ulaslar Turizm Enerji Tarim Gida ve Insaat Yatirimlari A.S. owns and operates tourist accommodation facilities and engages in tourism management business in Turkey. The company operates hotels under the Club Hotel Ulaslar and Viva Ulaslar Hotel names. It also engages in hotel renting business. Ulaslar Turizm Enerji Tarim Gida ve Insaat Yatirimlari A.S. was formerly known as Ulaslar Turizm Yatirim… Read more