Formul Plastik Ve Metalnayi AS (IST:FRMPL) Total Assets: ₺3,545 Mil (As of Dec. 2024)


IST:FRMPL Formul Plastik Ve Metal Sanayi AS IST:FRMPL
22 GF Score
Price ₺35.00
! 1 Warning Sign
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What is Formul Plastik Ve Metalnayi AS Total Assets?

Formul Plastik Ve Metalnayi AS IST:FRMPL -1.63% 22 Total Assets is ₺3,545 Mil as of Dec. 2024. GuruFocus rates IST:FRMPL with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Formul Plastik Ve Metalnayi AS's Total Assets for the quarter that ended in Dec. 2024 was ₺3,545 Mil.

During the past 12 months, Formul Plastik Ve Metalnayi AS's average Total Assets Growth Rate was 1.00% per year.

Total Assets is connected with ROA %. Formul Plastik Ve Metalnayi AS's annualized ROA % for the quarter that ended in Dec. 2024 was 4.51%. Total Assets is also linked to Revenue through Asset Turnover. Formul Plastik Ve Metalnayi AS's Asset Turnover for the quarter that ended in Dec. 2024 was 1.00.

Formul Plastik Ve Metalnayi AS  (IST:FRMPL) Total Assets Explanation

Total Assets is connected with ROA %.

Formul Plastik Ve Metalnayi AS's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=159.826/( (3539.308+3545.005)/ 2 )
=159.826/3542.1565
=4.51 %

Note: The Net Income data used here is one times the annual (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Formul Plastik Ve Metalnayi AS's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Dec. 2024 ))/ count )
=3539.18/( (3539.308+3545.005)/ 2 )
=3539.18/3542.1565
=1.00

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Formul Plastik Ve Metalnayi AS Total Assets Related Terms

Formul Plastik Ve Metalnayi AS Total Assets Historical Data

* Premium members only.

The historical data trend for Formul Plastik Ve Metalnayi AS's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Formul Plastik Ve Metalnayi AS Total Assets Chart

Formul Plastik Ve Metalnayi AS Annual Data
Trend Dec22 Dec23 Dec24
Total Assets
3,613.84 3,539.31 3,545.01

Formul Plastik Ve Metalnayi AS Semi-Annual Data
Dec22 Dec23 Dec24
Total Assets 3,613.84 3,539.31 3,545.01
IST:FRMPL
22GF Score
Formul Plastik Ve Metal Sanayi AS IST:FRMPL
Total Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Formul Plastik Ve Metalnayi AS Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Formul Plastik Ve Metalnayi AS's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=2161.077+1383.928
=3,545

Formul Plastik Ve Metalnayi AS's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=2161.077+1383.928
=3,545

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Total Assets →
What does a Total Assets of ₺3,545 Mil mean?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a Total Assets of ₺3,545 Mil as of Dec. 2024. The total amount of assets as recorded on a company's balance sheet. View historical data on Formul Plastik Ve Metalnayi AS and its competitors.
Is Formul Plastik Ve Metalnayi AS's Total Assets too high?
Formul Plastik Ve Metalnayi AS's current Total Assets is ₺3,545 Mil. Overall, Formul Plastik Ve Metalnayi AS has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Formul Plastik Ve Metalnayi AS's Total Assets compare to CRH and VMC?
Formul Plastik Ve Metalnayi AS's Total Assets of ₺3,545 Mil can be compared against companies in the Building Materials industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Assets for a Building Materials company?
A good Total Assets depends on the Building Materials industry context. However, Total Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Assets mean?
A high Total Assets can signal that a stock is expensive relative to its fundamentals. The total amount of assets as recorded on a company's balance sheet. View historical data on Formul Plastik Ve Metalnayi AS and its competitors. Formul Plastik Ve Metalnayi AS's current Total Assets is ₺3,545 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formul Plastik Ve Metalnayi AS stock overvalued right now?
Formul Plastik Ve Metalnayi AS (IST:FRMPL) has a current Total Assets of ₺3,545 Mil. The current Total Assets is ₺3,545 Mil. Formul Plastik Ve Metalnayi AS's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Assets calculated?
Total Assets is calculated from a company's financial statements. For Formul Plastik Ve Metalnayi AS (IST:FRMPL), the current Total Assets is ₺3,545 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Formul Plastik Ve Metalnayi AS Business Description

Address Gurpinar Yolu Caddesi, Cumhuriyet Mahallesi, Kaya Milenyum Is Merkezi K:8 N:5A/144, Buyukcekmece, Istanbul, TUR
Formul Plastik Ve Metal Sanayi AS is engaged in manufacturing PP-R pipes and fittings, PVC pipes and fittings, and PE-RT pipes. It also produces brass inserts and fittings. The company operates under the brand names Formul, Aquapa, Foraqua, Aquaplast, and Aquapipe. Geographically, it serves Africa, CIS countries, Far East, Middle East and South America.
22GF Score

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Total Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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