Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri A.S. manufactures and sells ready-to-wear clothes for men and women under the Vakko brand in Turkey. The company offers dresses, blouses, knitwear, jackets, skirts, pants, shorts, t-shirts and sweatshirts, trousers, and mont and kaban; jewelry, hats, belts, socks, bag accessories, beanies, and gloves; and scarves and shawls for women, as well as bea… Read more
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (VAKKO) - Net Assets
Latest net assets as of June 2025: TL8.55 Billion TRY
Based on the latest financial reports, Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (VAKKO) has net assets worth TL8.55 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 (TL13.52 Billion) and total liabilities (TL4.97 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 | TL8.55 Billion |
| % of Total Assets | 63.25% |
| Annual Growth Rate | 27.37% |
| 5-Year Change | 1929.73% |
| 10-Year Change | 4536.12% |
| Growth Volatility | 69.31 |
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS - Net Assets Trend (2007–2024)
This chart illustrates how Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri 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 Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (2007–2024)
The table below shows the annual net assets of Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL7.92 Billion | +51.55% |
| 2023-12-31 | TL5.23 Billion | +177.42% |
| 2022-12-31 | TL1.88 Billion | +260.08% |
| 2021-12-31 | TL523.13 Million | +34.07% |
| 2020-12-31 | TL390.18 Million | +20.37% |
| 2019-12-31 | TL324.14 Million | +21.08% |
| 2018-12-31 | TL267.71 Million | +19.02% |
| 2017-12-31 | TL224.93 Million | +20.44% |
| 2016-12-31 | TL186.76 Million | +9.33% |
| 2015-12-31 | TL170.82 Million | +3.47% |
| 2014-12-31 | TL165.10 Million | +35.17% |
| 2013-12-31 | TL122.14 Million | -4.91% |
| 2012-12-31 | TL128.45 Million | +2.41% |
| 2011-12-31 | TL125.42 Million | +7.20% |
| 2010-12-31 | TL116.99 Million | +11.47% |
| 2009-12-31 | TL104.95 Million | -2.05% |
| 2008-12-31 | TL107.15 Million | -17.27% |
| 2007-12-31 | TL129.52 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri 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 8155.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL3.56 Billion | 44.91% |
| Other Components | TL4.36 Billion | 55.09% |
| Total Equity | TL7.92 Billion | 100.00% |
Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS Competitors by Market Cap
The table below lists competitors of Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Forth Smart Service Public Company Limited
BK:FSMART
|
$53.11 Million |
|
RENERGEN LTD CDI/1:1
F:996
|
$53.11 Million |
|
Canadian Gold Corp.
F:8S8
|
$53.11 Million |
|
Seacon Shipping Group Holdings Limited
F:K2N
|
$53.12 Million |
|
INFINITT Healthcare Co. Ltd
KQ:071200
|
$53.10 Million |
|
Thermaltake Technology Co Ltd
TWO:3540
|
$53.09 Million |
|
Esso (Thailand) Public Company Limited
BK:BSRC
|
$53.08 Million |
|
Textainer Group Holdings Limited
OTCQX:TGHLF
|
$53.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 5,225,827,140 to 7,919,497,708, a change of 2,693,670,568 (51.5%).
- Net income of 806,487,006 contributed positively to equity growth.
- Dividend payments of 470,591,845 reduced retained earnings.
- Other comprehensive income decreased equity by 554,344,376.
- Other factors increased equity by 2,912,119,783.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL806.49 Million | +10.18% |
| Dividends Paid | TL470.59 Million | -5.94% |
| Other Comprehensive Income | TL-554.34 Million | -7.0% |
| Other Changes | TL2.91 Billion | +36.77% |
| Total Change | TL- | 51.55% |
Book Value vs Market Value Analysis
This analysis compares Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri 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: 1.54x
- 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 113.64x to 1.54x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | TL0.67 | TL76.10 | x |
| 2009-12-31 | TL0.66 | TL76.10 | x |
| 2010-12-31 | TL0.73 | TL76.10 | x |
| 2011-12-31 | TL0.78 | TL76.10 | x |
| 2012-12-31 | TL0.80 | TL76.10 | x |
| 2013-12-31 | TL0.76 | TL76.10 | x |
| 2014-12-31 | TL1.03 | TL76.10 | x |
| 2015-12-31 | TL1.07 | TL76.10 | x |
| 2016-12-31 | TL1.17 | TL76.10 | x |
| 2017-12-31 | TL1.41 | TL76.10 | x |
| 2018-12-31 | TL1.67 | TL76.10 | x |
| 2019-12-31 | TL2.03 | TL76.10 | x |
| 2020-12-31 | TL2.44 | TL76.10 | x |
| 2021-12-31 | TL3.27 | TL76.10 | x |
| 2022-12-31 | TL11.77 | TL76.10 | x |
| 2023-12-31 | TL32.66 | TL76.10 | x |
| 2024-12-31 | TL49.50 | TL76.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri 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): 10.18%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.43%
- • Asset Turnover: 1.17x
- • Equity Multiplier: 1.61x
- Recent ROE (10.18%) is below the historical average (14.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 48.66% | 36.31% | 0.91x | 1.47x | TL50.07 Million |
| 2008 | -18.08% | -9.93% | 1.14x | 1.60x | TL-30.09 Million |
| 2009 | -2.09% | -1.27% | 0.88x | 1.87x | TL-12.69 Million |
| 2010 | 10.29% | 5.74% | 1.02x | 1.77x | TL340.83K |
| 2011 | 6.72% | 3.38% | 1.04x | 1.91x | TL-4.12 Million |
| 2012 | 2.36% | 1.07% | 1.13x | 1.96x | TL-9.82 Million |
| 2013 | -4.86% | -1.90% | 1.02x | 2.51x | TL-18.15 Million |
| 2014 | -5.03% | -2.16% | 0.98x | 2.36x | TL-24.81 Million |
| 2015 | 2.77% | 1.05% | 1.19x | 2.22x | TL-12.35 Million |
| 2016 | 8.10% | 2.91% | 1.18x | 2.37x | TL-3.54 Million |
| 2017 | 17.63% | 6.07% | 1.13x | 2.57x | TL17.16 Million |
| 2018 | 22.11% | 6.52% | 1.16x | 2.93x | TL32.41 Million |
| 2019 | 25.87% | 6.55% | 1.14x | 3.46x | TL51.43 Million |
| 2020 | 3.44% | 1.36% | 0.77x | 3.28x | TL-25.60 Million |
| 2021 | 42.52% | 13.14% | 1.12x | 2.88x | TL170.14 Million |
| 2022 | 57.40% | 25.51% | 1.09x | 2.07x | TL892.91 Million |
| 2023 | 37.21% | 19.71% | 1.12x | 1.69x | TL1.42 Billion |
| 2024 | 10.18% | 5.43% | 1.17x | 1.61x | TL14.54 Million |
Industry Comparison
This section compares Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS's net assets metrics with peer companies in the Apparel Manufacturing industry.
Industry Context
- Industry: Apparel Manufacturing
- Average net assets among peers: $1,067,256,328
- Average return on equity (ROE) among peers: 9.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (VAKKO) | TL8.55 Billion | 48.66% | 0.58x | $53.10 Million |
| Atlantis Yatirim Holding AS (ATSYH) | $2.41 Million | -7.11% | 3.42x | $11.82 Million |
| Dagi Giyim Sanayi ve Ticaret AS (DAGI) | $60.48 Million | 6.58% | 0.55x | $24.33 Million |
| Derluks Yatirim Holding AS (DERHL) | $75.45 Million | 9.78% | 0.28x | $47.13 Million |
| KOTON MAGAZACILIK (KOTON) | $4.04 Billion | 44.72% | 2.04x | $45.97 Million |
| Rodrigo Tekstil Sanayi ve Ticaret AS (RODRG) | $820.00K | 0.00% | 5.11x | $8.15 Million |
| Sun Tekstil Sanayi ve Ticaret A.S. (SUNTK) | $3.30 Billion | 10.36% | 0.72x | $61.74 Million |
| Suwen Tekstil Sanayi Pazarlama AS (SUWEN) | $-821.35K | 0.00% | 0.00x | $74.10 Million |