Vakif Menkul Kiymet Yatirim Ortakligi AS
Vakif Menkul Kiymet Yatirim Ortakligi A.S. operates a portfolio of capital market instruments and gold and other precious metals traded on national and international stock exchanges or organized over-the-counter markets in Turkey. The company was formerly known as Vakif B Tipi Menkul Kiymetler Yatirim Ortakligi A.S. and changed its name to Vakif Menkul Kiymet Yatirim Ortakligi A.S. in April 2014.… Read more
Vakif Menkul Kiymet Yatirim Ortakligi AS (VKFYO) - Net Assets
Latest net assets as of June 2025: TL53.99 Million TRY
Based on the latest financial reports, Vakif Menkul Kiymet Yatirim Ortakligi AS (VKFYO) has net assets worth TL53.99 Million TRY as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL55.73 Million) and total liabilities (TL1.74 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 | TL53.99 Million |
| % of Total Assets | 96.88% |
| Annual Growth Rate | 8.48% |
| 5-Year Change | 93.48% |
| 10-Year Change | 218.34% |
| Growth Volatility | 23.29 |
Vakif Menkul Kiymet Yatirim Ortakligi AS - Net Assets Trend (2007–2024)
This chart illustrates how Vakif Menkul Kiymet Yatirim Ortakligi 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 Vakif Menkul Kiymet Yatirim Ortakligi AS (2007–2024)
The table below shows the annual net assets of Vakif Menkul Kiymet Yatirim Ortakligi AS from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL56.29 Million | -11.06% |
| 2023-12-31 | TL63.29 Million | +69.37% |
| 2022-12-31 | TL37.37 Million | +16.17% |
| 2021-12-31 | TL32.16 Million | +10.56% |
| 2020-12-31 | TL29.09 Million | +55.50% |
| 2019-12-31 | TL18.71 Million | +6.74% |
| 2018-12-31 | TL17.53 Million | +0.45% |
| 2017-12-31 | TL17.45 Million | +0.01% |
| 2016-12-31 | TL17.45 Million | -1.32% |
| 2015-12-31 | TL17.68 Million | -1.76% |
| 2014-12-31 | TL18.00 Million | +38.59% |
| 2013-12-31 | TL12.99 Million | -9.96% |
| 2012-12-31 | TL14.42 Million | +4.92% |
| 2011-12-31 | TL13.75 Million | -11.35% |
| 2010-12-31 | TL15.51 Million | +8.29% |
| 2009-12-31 | TL14.32 Million | +24.01% |
| 2008-12-31 | TL11.55 Million | -18.12% |
| 2007-12-31 | TL14.10 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vakif Menkul Kiymet Yatirim Ortakligi 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 decreased by 272.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL63.12 Million | 112.13% |
| Total Equity | TL56.29 Million | 100.00% |
Vakif Menkul Kiymet Yatirim Ortakligi AS Competitors by Market Cap
The table below lists competitors of Vakif Menkul Kiymet Yatirim Ortakligi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DT&CRO Co. Ltd.
KQ:383930
|
$17.45 Million |
|
Provenance Gold Corp
OTCQB:PVGDF
|
$17.46 Million |
|
Seafire AB
ST:SEAF
|
$17.47 Million |
|
Primo Chemicals Limited
NSE:PRIMO
|
$17.47 Million |
|
GURU Organic Energy Corp
PINK:GUROF
|
$17.44 Million |
|
Diatreme Resources Ltd
AU:DRX
|
$17.43 Million |
|
Coeur d'Alene Bancorp Inc
PINK:CDAB
|
$17.42 Million |
|
Bonasudden Holding AB
ST:BONAS
|
$17.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vakif Menkul Kiymet Yatirim Ortakligi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 63,285,540 to 56,288,888, a change of -6,996,652 (-11.1%).
- Net loss of 6,351,821 reduced equity.
- Other factors decreased equity by 644,831.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-6.35 Million | -11.28% |
| Other Changes | TL-644.83K | -1.15% |
| Total Change | TL- | -11.06% |
Book Value vs Market Value Analysis
This analysis compares Vakif Menkul Kiymet Yatirim Ortakligi 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: 18.17x
- 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 49.95x to 18.17x 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 | TL0.68 | TL34.10 | x |
| 2018-12-31 | TL0.69 | TL34.10 | x |
| 2019-12-31 | TL0.73 | TL34.10 | x |
| 2020-12-31 | TL0.97 | TL34.10 | x |
| 2021-12-31 | TL1.07 | TL34.10 | x |
| 2022-12-31 | TL1.25 | TL34.10 | x |
| 2023-12-31 | TL2.11 | TL34.10 | x |
| 2024-12-31 | TL1.88 | TL34.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vakif Menkul Kiymet Yatirim Ortakligi 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): -11.28%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.29%
- • Asset Turnover: 2.52x
- • Equity Multiplier: 1.04x
- Recent ROE (-11.28%) is below the historical average (1.81%), 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 | 15.80% | 2.09% | 7.46x | 1.01x | TL817.70K |
| 2009 | 19.36% | 2.79% | 6.61x | 1.05x | TL1.34 Million |
| 2010 | 7.65% | 1.22% | 5.95x | 1.06x | TL-363.70K |
| 2012 | 4.69% | 1.21% | 3.82x | 1.02x | TL-766.30K |
| 2014 | 0.11% | 0.04% | 2.33x | 1.09x | TL-1.78 Million |
| 2015 | -1.59% | -0.51% | 3.07x | 1.02x | TL-2.05 Million |
| 2016 | -1.36% | -0.20% | 6.44x | 1.04x | TL-1.98 Million |
| 2017 | 0.01% | 0.00% | 12.10x | 1.03x | TL-1.74 Million |
| 2018 | 0.58% | 0.14% | 3.99x | 1.02x | TL-1.65 Million |
| 2019 | 6.27% | 3.76% | 1.60x | 1.04x | TL-698.30K |
| 2020 | 1.20% | 0.66% | 1.82x | 1.01x | TL-2.56 Million |
| 2021 | 9.54% | 1.85% | 5.10x | 1.01x | TL-149.00K |
| 2022 | 15.10% | 4.11% | 3.60x | 1.02x | TL1.91 Million |
| 2023 | -38.99% | -10.87% | 3.43x | 1.04x | TL-31.01 Million |
| 2024 | -11.28% | -4.29% | 2.52x | 1.04x | TL-11.98 Million |
Industry Comparison
This section compares Vakif Menkul Kiymet Yatirim Ortakligi AS's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $72,955,853
- Average return on equity (ROE) among peers: 1.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vakif Menkul Kiymet Yatirim Ortakligi AS (VKFYO) | TL53.99 Million | 15.80% | 0.03x | $17.45 Million |
| Avrupa Yatirim Holding AS (AVHOL) | $82.79 Million | 3.07% | 0.31x | $24.42 Million |
| Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR) | $66.61 Million | 0.00% | 0.08x | $14.99 Million |
| Birikim Varlik Yonetim A.S. (BRKVY) | $70.24 Million | 8.16% | 2.34x | $34.74 Million |
| Cosmos Yatirim Holding AS (COSMO) | $11.34 Million | 2.96% | 1.20x | $21.13 Million |
| Dagi Yatirim Holding AS (DAGHL) | $9.85 Million | 6.60% | 0.01x | $198.92 Million |
| Denge Yatirim Holding AS (DENGE) | $3.74 Million | 0.00% | 0.27x | $31.39 Million |
| Euro Trend Yatirim Ortakligi AS (ETYAT) | $66.92 Million | -31.05% | 0.14x | $11.41 Million |
| Euro Kapital Yatirim Ortakligi AS (EUKYO) | $23.32 Million | 0.58% | 0.03x | $9.29 Million |
| Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO) | $10.02 Million | 0.00% | 0.01x | $9.69 Million |
| Gelecek Varlik Yonetimi AS (GLCVY) | $384.74 Million | 27.29% | 2.30x | $48.73 Million |