Turkcell Iletisim Hizmetleri AS (TKC) - Net Assets

Latest as of September 2025: $243.03 Billion USD

Based on the latest financial reports, Turkcell Iletisim Hizmetleri AS (TKC) has net assets worth $243.03 Billion USD as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($491.42 Billion) and total liabilities ($248.39 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. Check Turkcell Iletisim Hizmetleri AS (TKC) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets $243.03 Billion
% of Total Assets 49.45%
Annual Growth Rate 22.8%
5-Year Change 6585.75%
10-Year Change 1196.68%
Growth Volatility 436.47

Turkcell Iletisim Hizmetleri AS - Net Assets Trend (1999–2024)

This chart illustrates how Turkcell Iletisim Hizmetleri AS's net assets have evolved over time, based on quarterly financial data. Also explore Turkcell Iletisim Hizmetleri AS total assets for the complete picture of this company's asset base.

Annual Net Assets for Turkcell Iletisim Hizmetleri AS (1999–2024)

The table below shows the annual net assets of Turkcell Iletisim Hizmetleri AS from 1999 to 2024. For live valuation and market cap data, see Turkcell Iletisim Hizmetleri AS (TKC) total market value.

Year Net Assets Change
2024-12-31 $186.97 Billion +5.94%
2023-12-31 $176.48 Billion +61.35%
2022-12-31 $109.38 Billion +67.33%
2021-12-31 $65.37 Billion +2237.40%
2020-12-31 $2.80 Billion -7.97%
2019-12-31 $3.04 Billion -81.07%
2018-12-31 $16.05 Billion +6.70%
2017-12-31 $15.05 Billion -6.37%
2016-12-31 $16.07 Billion +11.44%
2015-12-31 $14.42 Billion -14.00%
2014-12-31 $16.77 Billion +14.37%
2013-12-31 $14.66 Billion +14.26%
2012-12-31 $12.83 Billion +18.71%
2011-12-31 $10.81 Billion +11.39%
2010-12-31 $9.70 Billion +9.95%
2009-12-31 $8.82 Billion +5.48%
2008-12-31 $8.37 Billion +20.55%
2007-12-31 $6.94 Billion +19.51%
2006-12-31 $5.81 Billion +54.70%
2005-12-31 $3.75 Billion +37.23%
2004-12-31 $2.74 Billion +32.36%
2003-12-31 $2.07 Billion +16.34%
2002-12-31 $1.78 Billion +3.49%
2001-12-31 $1.72 Billion -0.67%
2000-12-31 $1.73 Billion +57.09%
1999-12-31 $1.10 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Turkcell Iletisim Hizmetleri 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 21726.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings $177.55 Billion 94.96%
Common Stock $2.20 Billion 1.18%
Other Comprehensive Income $8.50 Billion 4.55%
Total Equity $186.97 Billion 100.00%

Turkcell Iletisim Hizmetleri AS Competitors by Market Cap

The table below lists competitors of Turkcell Iletisim Hizmetleri AS ranked by their market capitalization.

Company Market Cap
Banco Macro SA B
BA:BMA
 $4.95 Billion
State Grid Yingda Co Ltd
SHG:600517
 $4.95 Billion
Ameris Bancorp
NASDAQ:ABCB
 $4.95 Billion
Crispr Therapeutics AG
NASDAQ:CRSP
 $4.96 Billion
Pangang Group Vanadium Titanium & Resources Co Ltd
SHE:000629
 $4.95 Billion
Main Street Capital Corporation
NYSE:MAIN
 $4.95 Billion
Hannon Armstrong Sustainable Infrastructure Capital Inc
NYSE:HASI
 $4.95 Billion
Premier Energies Limited
NSE:PREMIERENE
 $4.95 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Turkcell Iletisim Hizmetleri AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 176,499,900,000 to 186,966,530,000, a change of 10,466,630,000 (5.9%).
  • Net income of 23,523,425,000 contributed positively to equity growth.
  • Dividend payments of 7,314,621,000 reduced retained earnings.
  • Share repurchases of 327,996,000 reduced equity.
  • Other comprehensive income increased equity by 3,406,938,000.
  • Other factors decreased equity by 8,821,116,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income $23.52 Billion +12.58%
Dividends Paid $7.31 Billion -3.91%
Share Repurchases $328.00 Million -0.18%
Other Comprehensive Income $3.41 Billion +1.82%
Other Changes $-8.82 Billion -4.72%
Total Change $- 5.93%

Book Value vs Market Value Analysis

This analysis compares Turkcell Iletisim Hizmetleri 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: 0.03x
  • 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 2.86x to 0.03x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
1999-12-31 $2.22 $6.35 x
2000-12-31 $3.83 $6.35 x
2001-12-31 $2.07 $6.35 x
2002-12-31 $2.02 $6.35 x
2003-12-31 $2.35 $6.35 x
2004-12-31 $3.01 $6.35 x
2005-12-31 $4.17 $6.35 x
2006-12-31 $6.45 $6.35 x
2007-12-31 $7.70 $6.35 x
2008-12-31 $9.40 $6.35 x
2009-12-31 $9.97 $6.35 x
2010-12-31 $11.07 $6.35 x
2011-12-31 $12.41 $6.35 x
2012-12-31 $14.74 $6.35 x
2013-12-31 $16.86 $6.35 x
2014-12-31 $19.49 $6.35 x
2015-12-31 $16.31 $6.35 x
2016-12-31 $18.25 $6.35 x
2017-12-31 $17.09 $6.35 x
2018-12-31 $18.22 $6.35 x
2019-12-31 $3.47 $6.35 x
2020-12-31 $3.19 $6.35 x
2021-12-31 $74.85 $6.35 x
2022-12-31 $125.25 $6.35 x
2023-12-31 $202.21 $6.35 x
2024-12-31 $214.31 $6.35 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Turkcell Iletisim Hizmetleri 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): 12.58%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.11%
  • • Asset Turnover: 0.48x
  • • Equity Multiplier: 1.84x
  • Recent ROE (12.58%) is below the historical average (24.43%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
1999 45.01% 23.35% 0.55x 3.48x $383.11 Million
2000 17.60% 10.24% 0.57x 3.00x $131.35 Million
2001 -14.53% -10.45% 0.51x 2.75x $-420.78 Million
2002 -14.20% -9.57% 0.61x 2.43x $-429.62 Million
2003 13.91% 9.70% 0.57x 2.50x $80.66 Million
2004 25.78% 15.99% 0.73x 2.20x $418.05 Million
2005 33.52% 21.34% 0.97x 1.62x $862.99 Million
2006 21.74% 18.63% 0.77x 1.51x $666.74 Million
2007 23.31% 21.33% 0.75x 1.46x $901.88 Million
2008 32.59% 25.18% 0.86x 1.50x $1.87 Billion
2009 18.67% 18.89% 0.62x 1.59x $760.33 Million
2010 18.70% 19.56% 0.61x 1.57x $847.33 Million
2011 12.98% 13.40% 0.62x 1.57x $325.24 Million
2012 16.01% 19.76% 0.56x 1.45x $779.31 Million
2013 17.57% 20.55% 0.60x 1.43x $1.12 Billion
2014 9.10% 12.16% 0.54x 1.39x $-154.83 Million
2015 14.40% 16.19% 0.49x 1.83x $632.17 Million
2016 9.32% 10.44% 0.45x 1.97x $-109.09 Million
2017 13.20% 11.22% 0.52x 2.27x $480.21 Million
2018 12.69% 9.49% 0.50x 2.69x $428.89 Million
2019 107.06% 12.92% 3.27x 2.53x $2.94 Billion
2020 161.02% 6.48% 9.78x 2.54x $4.22 Billion
2021 10.92% 6.57% 0.72x 2.31x $598.88 Million
2022 9.08% 7.36% 0.57x 2.15x $-1.00 Billion
2023 7.11% 11.72% 0.30x 2.02x $-5.10 Billion
2024 12.58% 14.11% 0.48x 1.84x $4.83 Billion

Industry Comparison

This section compares Turkcell Iletisim Hizmetleri AS's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

  • Industry: Telecom Services
  • Average net assets among peers: $84,013,623,558
  • Average return on equity (ROE) among peers: 6.02%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Turkcell Iletisim Hizmetleri AS (TKC) $243.03 Billion 45.01% 1.02x $4.95 Billion
Array Digital Infrastructure, Inc. (AD) $2.57 Billion 11.30% 0.92x $2.63 Billion
America Movil SAB de CV ADR (AMX) $428.37 Billion 18.13% 3.21x $71.77 Billion
Anterix Inc (ATEX) $-4.21 Million 0.00% 0.00x $703.61 Million
ATN International Inc (ATNI) $808.72 Million 1.55% 0.48x $365.41 Million
Altice USA Inc (ATUS) $-5.03 Billion 0.00% 0.00x $502.28 Million
Cable One Inc (CABO) $1.74 Billion 12.27% 2.96x $425.47 Million
Cogent Communications Group Inc (CCOI) $-149.00 Million 0.00% 0.00x $1.14 Billion
Chunghwa Telecom Co Ltd (CHT) $373.04 Billion 12.62% 0.19x $33.47 Billion
Charter Communications Inc (CHTR) $38.81 Billion 4.30% 2.82x $21.41 Billion
Comcast Corp (CMCSA) $-21.70 Million 0.00% 0.00x $97.57 Billion

About Turkcell Iletisim Hizmetleri AS

NYSE:TKC USA Telecom Services
Market Cap
$5.53 Billion
Market Cap Rank
#3614 Global
#1220 in USA
Share Price
$6.35
Change (1 day)
+0.47%
52-Week Range
$5.43 - $7.15
All Time High
$8.37
Categories
Companies in USA Telecom Services
About

Turkcell Iletisim Hizmetleri A.S., together with its subsidiaries, provides converged telecommunication and technology services in Turkey, Belarus, Turkish Republic of Northern Cyprus, and the Netherlands. It operates through the Turkcell Turkiye, Turkcell International, and Techfin segments. The company offers voice services; international roaming services; mobile services, including wholesale I… Read more