VERA KONSEPT GMYO
Vera Konsept Gayrimenkul Yatirim Ortakligi Anonim Sirketi engages in development and management of housing projects. The company was founded in 2018 and is based in Ankara, Turkey.
VERA KONSEPT GMYO (VRGYO) - Net Assets
Latest net assets as of September 2024: TL4.87 Billion TRY
Based on the latest financial reports, VERA KONSEPT GMYO (VRGYO) has net assets worth TL4.87 Billion TRY as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.22 Billion) and total liabilities (TL343.85 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 | TL4.87 Billion |
| % of Total Assets | 93.41% |
| Annual Growth Rate | 498.31% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 1123.14 |
VERA KONSEPT GMYO - Net Assets Trend (2021–2024)
This chart illustrates how VERA KONSEPT GMYO's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for VERA KONSEPT GMYO (2021–2024)
The table below shows the annual net assets of VERA KONSEPT GMYO from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-06-30 | TL3.61 Billion | +69.35% |
| 2023-06-30 | TL2.13 Billion | +2588.37% |
| 2022-06-30 | TL79.26 Million | +371.02% |
| 2021-06-30 | TL16.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to VERA KONSEPT GMYO'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 130269.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (June 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL2.38 Billion | 65.98% |
| Other Components | TL1.23 Billion | 34.02% |
| Total Equity | TL3.61 Billion | 100.00% |
VERA KONSEPT GMYO Competitors by Market Cap
The table below lists competitors of VERA KONSEPT GMYO ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Playmates Toys Ltd
PINK:PMTYF
|
$36.34 Million |
|
FinLab AG
F:A7A
|
$36.34 Million |
|
PLAYSTUDIOS A DL-0001
F:7E3
|
$36.35 Million |
|
Khonburi Sugar Public Company Limited
BK:KBS
|
$36.35 Million |
|
Nasmedia Co. Ltd
KQ:089600
|
$36.32 Million |
|
TsannKuen (China) Enterprise Co. Ltd
SHE:200512
|
$36.32 Million |
|
Futebol Clube do Porto - Futebol S.A.D.
LS:FCP
|
$36.29 Million |
|
Arla Plast AB
ST:ARPL
|
$36.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in VERA KONSEPT GMYO's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,130,888,564 to 3,608,635,568, a change of 1,477,747,004 (69.3%).
- Net income of 574,994,089 contributed positively to equity growth.
- New share issuances of 58,467,392 increased equity.
- Other factors increased equity by 844,285,523.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL574.99 Million | +15.93% |
| Share Issuances | TL58.47 Million | +1.62% |
| Other Changes | TL844.29 Million | +23.4% |
| Total Change | TL- | 69.35% |
Book Value vs Market Value Analysis
This analysis compares VERA KONSEPT GMYO'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: 0.52x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 112.08x to 0.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-06-30 | TL0.02 | TL2.30 | x |
| 2022-06-30 | TL0.10 | TL2.30 | x |
| 2023-06-30 | TL2.60 | TL2.30 | x |
| 2024-06-30 | TL4.40 | TL2.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently VERA KONSEPT GMYO 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): 15.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.04x
- Recent ROE (15.93%) is below the historical average (16.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -5.49% | -31.24% | 0.07x | 2.44x | TL-2.61 Million |
| 2022 | 49.01% | 10168.78% | 0.00x | 1.42x | TL30.92 Million |
| 2023 | 6.35% | 0.00% | 0.00x | 1.27x | TL-77.86 Million |
| 2024 | 15.93% | 0.00% | 0.00x | 1.04x | TL214.13 Million |
Industry Comparison
This section compares VERA KONSEPT GMYO's net assets metrics with peer companies in the REIT - Diversified industry.
Industry Context
- Industry: REIT - Diversified
- Average net assets among peers: $4,934,706,305,358
- Average return on equity (ROE) among peers: 11.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| VERA KONSEPT GMYO (VRGYO) | TL4.87 Billion | -5.49% | 0.07x | $36.32 Million |
| Dogus Gayrimenkul Yatirim Ortakligi AS (DGGYO) | $49.30 Trillion | 15.41% | 0.00x | $225.44 Million |
| Deniz Gayrimenkul Yatirim Ortakligi AS (DZGYO) | $3.64 Billion | 2.73% | 0.02x | $23.99 Million |
| Edip Gayrimenkul Yatirim Sanayi ve Ticaret AS (EDIP) | $4.70 Billion | 19.87% | 0.32x | $31.67 Million |
| EYG Gayrimenkul Yatirim Ortakligi A.S. (EYGYO) | $1.30 Billion | 18.63% | 0.60x | $18.10 Million |
| Halk Gayrimenkul Yatirim Ortakligi AS (HLGYO) | $2.28 Billion | 17.35% | 0.15x | $145.70 Million |
| Is Gayrimenkul Yatirim Ortakligi AS (ISGYO) | $27.03 Billion | 16.72% | 0.23x | $271.40 Million |
| Kiler Gayrimenkul Yatirim Ortakligi AS (KLGYO) | $296.03 Million | -0.02% | 0.97x | $212.57 Million |
| Mistral Gayrimenkul Yatirim Ortakligi AS (MSGYO) | $209.71 Million | 2.91% | 0.13x | $9.23 Million |
| Nurol Gayrimenkul Yatirim Ortakligi AS (NUGYO) | $5.27 Billion | 3.30% | 0.08x | $29.84 Million |
| Ozak Gayrimenkul Yatirim Ortakligi AS (OZKGY) | $3.49 Billion | 17.67% | 0.68x | $140.71 Million |