Adel Kalemcilik Ticaret ve Sanayi AS

IS:ADEL Turkey Business Equipment & Supplies
Market Cap
$247.25 Million
TL8.77 Billion TRY
Market Cap Rank
#19791 Global
#203 in Turkey
Share Price
TL33.74
Change (1 day)
+3.31%
52-Week Range
TL26.80 - TL41.10
All Time High
TL70.94
Categories
Companies in Turkey Business Equipment & Supplies
About

Adel Kalemcilik Ticaret ve Sanayi A.S. produces, manufactures, and sells stationery products in Turkey. It offers wood-walled pencils, crayons and copy pens, ballpoint, liquid ink pens, markers, felt-tip pens, pastels, watercolors, erasers, sharpeners, finger paints, play dough, and gouache paints; and toys. The company offers its products under the Faber-Castell, Graf von Faber-Castell, Adel, an… Read more

Adel Kalemcilik Ticaret ve Sanayi AS (ADEL) - Net Assets

Latest net assets as of June 2025: TL1.37 Billion TRY

Based on the latest financial reports, Adel Kalemcilik Ticaret ve Sanayi AS (ADEL) has net assets worth TL1.37 Billion TRY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.44 Billion) and total liabilities (TL2.08 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.

Key Net Assets Metrics

Metric Value
Current Net Assets TL1.37 Billion
% of Total Assets 39.71%
Annual Growth Rate 22.72%
5-Year Change 896.7%
10-Year Change 604.31%
Growth Volatility 242.76

Adel Kalemcilik Ticaret ve Sanayi AS - Net Assets Trend (2005–2024)

This chart illustrates how Adel Kalemcilik Ticaret ve Sanayi 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 Adel Kalemcilik Ticaret ve Sanayi AS (2005–2024)

The table below shows the annual net assets of Adel Kalemcilik Ticaret ve Sanayi AS from 2005 to 2024.

Year Net Assets Change
2024-12-31 TL1.45 Billion -9.65%
2023-12-31 TL1.60 Billion +1094.19%
2022-12-31 TL134.30 Million +2.31%
2021-12-31 TL131.26 Million -9.71%
2020-12-31 TL145.39 Million -10.92%
2019-12-31 TL163.22 Million -13.54%
2018-12-31 TL188.78 Million -8.09%
2017-12-31 TL205.40 Million +5.07%
2016-12-31 TL195.49 Million -4.98%
2015-12-31 TL205.75 Million +38.72%
2014-12-31 TL148.32 Million +3.87%
2013-12-31 TL142.79 Million +36.64%
2012-12-31 TL104.51 Million +14.19%
2011-12-31 TL91.52 Million +21.55%
2010-12-31 TL75.29 Million +23.63%
2009-12-31 TL60.90 Million +23.26%
2008-12-31 TL49.41 Million +23.78%
2007-12-31 TL39.92 Million +10.13%
2006-12-31 TL36.24 Million +22.35%
2005-12-31 TL29.62 Million --

Equity Component Analysis

This analysis shows how different components contribute to Adel Kalemcilik Ticaret ve Sanayi 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 6745.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL573.15 Million 39.55%
Other Components TL875.94 Million 60.45%
Total Equity TL1.45 Billion 100.00%

Adel Kalemcilik Ticaret ve Sanayi AS Competitors by Market Cap

The table below lists competitors of Adel Kalemcilik Ticaret ve Sanayi AS ranked by their market capitalization.

Company Market Cap
Exclusive Networks SA
PINK:EXNWF
 		$68.53 Million
Riber S.A
PA:ALRIB
 		$68.56 Million
Tricorntech Corporation
TW:6909
 		$68.58 Million
Turk Tuborg Bira ve Malt Sanayi AS
IS:TBORG
 		$68.59 Million
Hyloris Developmentsen Sa
BR:HYL
 		$68.51 Million
Fasadgruppen Group AB
ST:FG
 		$68.51 Million
INSUN Environmental New Technology Co. Ltd
KQ:060150
 		$68.51 Million
CM.com NV
AS:CMCOM
 		$68.49 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Adel Kalemcilik Ticaret ve Sanayi AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,603,807,000 to 1,449,086,000, a change of -154,721,000 (-9.6%).
  • Net income of 18,644,000 contributed positively to equity growth.
  • Dividend payments of 182,419,000 reduced retained earnings.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL18.64 Million +1.29%
Dividends Paid TL182.42 Million -12.59%
Other Changes TL9.05 Million +0.62%
Total Change TL- -9.65%

Book Value vs Market Value Analysis

This analysis compares Adel Kalemcilik Ticaret ve Sanayi 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: 6.05x
  • 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 increased from 3.88x to 6.05x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2017-12-31 TL8.69 TL33.74 x
2018-12-31 TL7.99 TL33.74 x
2019-12-31 TL6.91 TL33.74 x
2020-12-31 TL6.15 TL33.74 x
2021-12-31 TL5.56 TL33.74 x
2022-12-31 TL5.68 TL33.74 x
2023-12-31 TL6.17 TL33.74 x
2024-12-31 TL5.58 TL33.74 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Adel Kalemcilik Ticaret ve Sanayi 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): 1.29%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.69%
  • • Asset Turnover: 0.95x
  • • Equity Multiplier: 1.96x
  • Recent ROE (1.29%) is below the historical average (18.30%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 18.40% 11.34% 1.11x 1.47x TL2.49 Million
2006 23.46% 14.74% 1.17x 1.36x TL4.88 Million
2007 19.36% 11.47% 1.26x 1.34x TL3.74 Million
2008 27.76% 17.53% 1.29x 1.23x TL8.78 Million
2009 27.26% 18.91% 1.20x 1.20x TL10.51 Million
2010 28.87% 19.51% 1.22x 1.21x TL14.21 Million
2011 28.37% 19.07% 1.22x 1.22x TL16.81 Million
2012 22.99% 15.06% 1.21x 1.26x TL13.57 Million
2013 34.78% 26.69% 0.90x 1.45x TL35.38 Million
2014 18.94% 12.69% 0.78x 1.90x TL13.26 Million
2015 34.75% 28.42% 0.66x 1.85x TL50.93 Million
2016 9.65% 6.93% 0.86x 1.62x TL-692.37K
2017 13.08% 8.33% 0.90x 1.73x TL6.33 Million
2018 7.33% 3.59% 0.83x 2.47x TL-5.05 Million
2019 -8.99% -4.23% 0.89x 2.39x TL-30.99 Million
2020 1.32% 0.49% 0.62x 4.36x TL-12.62 Million
2021 -9.67% -2.61% 0.69x 5.40x TL-25.82 Million
2022 27.92% 4.19% 1.11x 6.02x TL24.06 Million
2023 39.25% 19.28% 0.86x 2.37x TL469.06 Million
2024 1.29% 0.69% 0.95x 1.96x TL-126.26 Million

Industry Comparison

This section compares Adel Kalemcilik Ticaret ve Sanayi AS's net assets metrics with peer companies in the Business Equipment & Supplies industry.

Industry Context

  • Industry: Business Equipment & Supplies
  • Average net assets among peers: $32,520,000
  • Average return on equity (ROE) among peers: 0.47%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Adel Kalemcilik Ticaret ve Sanayi AS (ADEL) TL1.37 Billion 18.40% 1.52x $68.53 Million
Plastikkart Akilli Kart Iletisim Sistemleri Sanayi ve Ticaret AS (PKART) $32.52 Million 0.47% 0.24x $6.57 Million