Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (VAKKO) - Net Assets
Based on the latest financial reports, Vakko Tekstil ve Hazir Giyim Sanayi Isletmeleri AS (VAKKO) has net assets worth TL8.55 Billion TRY (≈ $191.56 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 (TL13.52 Billion ≈ $302.86 Million USD) and total liabilities (TL4.97 Billion ≈ $111.30 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 VAKKO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
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. See how many days can Vakko Tekstil ve Hazir Giyim Sanayi Isle fund operations to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see market value of Vakko Tekstil ve Hazir Giyim Sanayi Isle.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL7.92 Billion ≈ $177.38 Million |
+51.55% |
| 2023-12-31 | TL5.23 Billion ≈ $117.05 Million |
+177.42% |
| 2022-12-31 | TL1.88 Billion ≈ $42.19 Million |
+260.08% |
| 2021-12-31 | TL523.13 Million ≈ $11.72 Million |
+34.07% |
| 2020-12-31 | TL390.18 Million ≈ $8.74 Million |
+20.37% |
| 2019-12-31 | TL324.14 Million ≈ $7.26 Million |
+21.08% |
| 2018-12-31 | TL267.71 Million ≈ $6.00 Million |
+19.02% |
| 2017-12-31 | TL224.93 Million ≈ $5.04 Million |
+20.44% |
| 2016-12-31 | TL186.76 Million ≈ $4.18 Million |
+9.33% |
| 2015-12-31 | TL170.82 Million ≈ $3.83 Million |
+3.47% |
| 2014-12-31 | TL165.10 Million ≈ $3.70 Million |
+35.17% |
| 2013-12-31 | TL122.14 Million ≈ $2.74 Million |
-4.91% |
| 2012-12-31 | TL128.45 Million ≈ $2.88 Million |
+2.41% |
| 2011-12-31 | TL125.42 Million ≈ $2.81 Million |
+7.20% |
| 2010-12-31 | TL116.99 Million ≈ $2.62 Million |
+11.47% |
| 2009-12-31 | TL104.95 Million ≈ $2.35 Million |
-2.05% |
| 2008-12-31 | TL107.15 Million ≈ $2.40 Million |
-17.27% |
| 2007-12-31 | TL129.52 Million ≈ $2.90 Million |
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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 |
|---|---|
|
Jiangsu Jingxue Insulation
SHE:301010
|
$285.10 Million |
|
Hy-Lok Corporation
KQ:013030
|
$285.11 Million |
|
Zhangjiagang Haiguo New Energy Equipment Manufacturing Co. Ltd.
SHE:301063
|
$285.11 Million |
|
Divgi Torqtransfer Systems Limited
NSE:DIVGIITTS
|
$285.12 Million |
|
First Western Financial Inc
NASDAQ:MYFW
|
$285.06 Million |
|
SinoDaan Co Ltd
SHE:300635
|
$284.99 Million |
|
Guangdong Tengen Industrial Group C
SHE:003003
|
$284.97 Million |
|
Brooge Holdings Ltd
NASDAQ:BROG
|
$284.93 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: 1.61x
- 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 118.79x to 1.61x 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 | TL79.55 | x |
| 2009-12-31 | TL0.66 | TL79.55 | x |
| 2010-12-31 | TL0.73 | TL79.55 | x |
| 2011-12-31 | TL0.78 | TL79.55 | x |
| 2012-12-31 | TL0.80 | TL79.55 | x |
| 2013-12-31 | TL0.76 | TL79.55 | x |
| 2014-12-31 | TL1.03 | TL79.55 | x |
| 2015-12-31 | TL1.07 | TL79.55 | x |
| 2016-12-31 | TL1.17 | TL79.55 | x |
| 2017-12-31 | TL1.41 | TL79.55 | x |
| 2018-12-31 | TL1.67 | TL79.55 | x |
| 2019-12-31 | TL2.03 | TL79.55 | x |
| 2020-12-31 | TL2.44 | TL79.55 | x |
| 2021-12-31 | TL3.27 | TL79.55 | x |
| 2022-12-31 | TL11.77 | TL79.55 | x |
| 2023-12-31 | TL32.66 | TL79.55 | x |
| 2024-12-31 | TL49.50 | TL79.55 | 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: $1,256,477,874
- Average return on equity (ROE) among peers: 9.03%
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 | $285.07 Million |
| Atlantis Yatirim Holding AS (ATSYH) | $18.62 Million | 56.77% | 1.24x | $17.02 Million |
| Dagi Giyim Sanayi ve Ticaret AS (DAGI) | $51.53 Million | 0.00% | 0.38x | $71.22 Million |
| Derluks Yatirim Holding AS (DERHL) | $167.85 Million | 44.19% | 1.44x | $59.47 Million |
| Rodrigo Tekstil Sanayi ve Ticaret AS (RODRG) | $34.21 Million | -129.57% | 2.03x | $16.58 Million |
| Sun Tekstil Sanayi ve Ticaret A.S. (SUNTK) | $7.21 Billion | 9.62% | 0.76x | $319.11 Million |
| Suwen Tekstil Sanayi Pazarlama AS (SUWEN) | $58.65 Million | 73.18% | 3.50x | $93.09 Million |
About 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