Vakif Menkul Kiymet Yatirim Ortakligi AS (VKFYO) - Net Assets
Based on the latest financial reports, Vakif Menkul Kiymet Yatirim Ortakligi AS (VKFYO) has net assets worth TL55.33 Million TRY (≈ $1.24 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL81.10 Million ≈ $1.82 Million USD) and total liabilities (TL25.76 Million ≈ $577.00K 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 VKFYO asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL55.33 Million |
| % of Total Assets | 68.23% |
| Annual Growth Rate | 7.89% |
| 5-Year Change | 72.03% |
| 10-Year Change | 217.13% |
| Growth Volatility | 23.63 |
Vakif Menkul Kiymet Yatirim Ortakligi AS - Net Assets Trend (2007–2025)
This chart illustrates how Vakif Menkul Kiymet Yatirim Ortakligi AS's net assets have evolved over time, based on quarterly financial data. Also explore VKFYO total assets for the complete picture of this company's asset base.
Annual Net Assets for Vakif Menkul Kiymet Yatirim Ortakligi AS (2007–2025)
The table below shows the annual net assets of Vakif Menkul Kiymet Yatirim Ortakligi AS from 2007 to 2025. For live valuation and market cap data, see Vakif Menkul Kiymet Yatirim Ortakligi AS (VKFYO) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL55.33 Million ≈ $1.24 Million |
-24.90% |
| 2024-12-31 | TL73.68 Million ≈ $1.65 Million |
+16.42% |
| 2023-12-31 | TL63.29 Million ≈ $1.42 Million |
+69.37% |
| 2022-12-31 | TL37.37 Million ≈ $836.90K |
+16.17% |
| 2021-12-31 | TL32.16 Million ≈ $720.41K |
+10.56% |
| 2020-12-31 | TL29.09 Million ≈ $651.62K |
+55.50% |
| 2019-12-31 | TL18.71 Million ≈ $419.05K |
+6.74% |
| 2018-12-31 | TL17.53 Million ≈ $392.60K |
+0.45% |
| 2017-12-31 | TL17.45 Million ≈ $390.83K |
+0.01% |
| 2016-12-31 | TL17.45 Million ≈ $390.79K |
-1.32% |
| 2015-12-31 | TL17.68 Million ≈ $396.03K |
-1.76% |
| 2014-12-31 | TL18.00 Million ≈ $403.13K |
+38.59% |
| 2013-12-31 | TL12.99 Million ≈ $290.88K |
-9.96% |
| 2012-12-31 | TL14.42 Million ≈ $323.04K |
+4.92% |
| 2011-12-31 | TL13.75 Million ≈ $307.90K |
-11.35% |
| 2010-12-31 | TL15.51 Million ≈ $347.32K |
+8.29% |
| 2009-12-31 | TL14.32 Million ≈ $320.73K |
+24.01% |
| 2008-12-31 | TL11.55 Million ≈ $258.62K |
-18.12% |
| 2007-12-31 | TL14.10 Million ≈ $315.87K |
-- |
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 572.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL74.09 Million | 133.89% |
| Total Equity | TL55.33 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 |
|---|---|
|
Shenzhen Shenbao Industrial Co Ltd
SHE:200019
|
$22.59 Million |
|
Young Poong Pa
KO:006740
|
$22.60 Million |
|
Medhelp Care AB
ST:MEDHLP
|
$22.60 Million |
|
KM Corporation
KQ:083550
|
$22.62 Million |
|
AYS Ventures Bhd
KLSE:5021
|
$22.59 Million |
|
Stakeholder Gold Corp
V:SRC
|
$22.59 Million |
|
Kintech Electronics Co Ltd
TWO:6210
|
$22.58 Million |
|
Sinergi Megah Internusa Tbk PT
JK:NUSA
|
$22.56 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 2024 to 2025, total equity changed from 73,677,835 to 55,333,460, a change of -18,344,375 (-24.9%).
- Net loss of 18,754,827 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-18.75 Million | -33.89% |
| Other Changes | TL410.45K | +0.74% |
| Total Change | TL- | -24.90% |
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: 18.23x
- 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 49.25x to 18.23x 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 | TL33.62 | x |
| 2018-12-31 | TL0.69 | TL33.62 | x |
| 2019-12-31 | TL0.73 | TL33.62 | x |
| 2020-12-31 | TL0.97 | TL33.62 | x |
| 2021-12-31 | TL1.07 | TL33.62 | x |
| 2022-12-31 | TL1.25 | TL33.62 | x |
| 2023-12-31 | TL2.11 | TL33.62 | x |
| 2024-12-31 | TL2.46 | TL33.62 | x |
| 2025-12-31 | TL1.84 | TL33.62 | 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): -33.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -12.28%
- • Asset Turnover: 1.88x
- • Equity Multiplier: 1.47x
- Recent ROE (-33.89%) is below the historical average (-0.43%), 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-15.68 Million |
| 2025 | -33.89% | -12.28% | 1.88x | 1.47x | TL-24.29 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: $150,246,930
- Average return on equity (ROE) among peers: -15.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vakif Menkul Kiymet Yatirim Ortakligi AS (VKFYO) | TL55.33 Million | 15.80% | 0.47x | $22.59 Million |
| Avrupa Yatirim Holding AS (AVHOL) | $201.11 Million | 3.23% | 0.44x | $32.52 Million |
| Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR) | $859.08 Million | 0.65% | 0.18x | $19.32 Million |
| Cosmos Yatirim Holding AS (COSMO) | $48.40 Million | -9.27% | 2.48x | $31.13 Million |
| Dagi Yatirim Holding AS (DAGHL) | $9.92 Million | 7.55% | 0.01x | $268.77 Million |
| Denge Yatirim Holding AS (DENGE) | $29.92 Million | -180.45% | 0.76x | $33.94 Million |
| Euro Trend Yatirim Ortakligi AS (ETYAT) | $24.49 Million | 7.77% | 0.03x | $3.59 Million |
| Euro Kapital Yatirim Ortakligi AS (EUKYO) | $24.60 Million | 5.38% | 0.02x | $3.36 Million |
| Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO) | $25.33 Million | 7.46% | 0.02x | $2.64 Million |
| Gelecek Varlik Yonetimi AS (GLCVY) | $267.19 Million | 3.29% | 3.43x | $206.04 Million |
| Guler Yatirim Holding AS (GLRYH) | $12.44 Million | 0.00% | 0.15x | $53.49 Million |
About 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