Anadolu Efes Biracilik ve Malt Sanayi AS

IS:AEFES Turkey Beverages - Non-Alcoholic
Market Cap
$2.96 Billion
TL104.98 Billion TRY
Market Cap Rank
#4264 Global
#15 in Turkey
Share Price
TL17.73
Change (1 day)
+3.14%
52-Week Range
TL13.39 - TL173.00
All Time High
TL301.75
Categories
Companies in Turkey Beverages - Non-Alcoholic
About

Anadolu Efes Biracilik ve Malt Sanayii Anonim Sirketi, together with its subsidiaries, engages in the production, bottling, distribution, marketing, and sale of beer, malt, non-carbonated, and non-alcoholic beverages in Turkey and internationally. The company operates in two segments, Beer and Soft Drinks. It offers carbonated and low alcoholic drinks, water, fruit juice concentrates, purees and … Read more

Anadolu Efes Biracilik ve Malt Sanayi AS (AEFES) - Net Assets

Latest net assets as of June 2025: TL193.92 Billion TRY

Based on the latest financial reports, Anadolu Efes Biracilik ve Malt Sanayi AS (AEFES) has net assets worth TL193.92 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 (TL394.94 Billion) and total liabilities (TL201.02 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 TL193.92 Billion
% of Total Assets 49.1%
Annual Growth Rate -26.46%
5-Year Change 578.67%
10-Year Change 1250.2%
Growth Volatility 46.02

Anadolu Efes Biracilik ve Malt Sanayi AS - Net Assets Trend (2000–2024)

This chart illustrates how Anadolu Efes Biracilik ve Malt 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 Anadolu Efes Biracilik ve Malt Sanayi AS (2000–2024)

The table below shows the annual net assets of Anadolu Efes Biracilik ve Malt Sanayi AS from 2000 to 2024.

Year Net Assets Change
2024-12-31 TL169.77 Billion +30.71%
2023-12-31 TL129.88 Billion +129.54%
2022-12-31 TL56.58 Billion +43.86%
2021-12-31 TL39.33 Billion +57.24%
2020-12-31 TL25.01 Billion +3.48%
2019-12-31 TL24.17 Billion +13.31%
2018-12-31 TL21.33 Billion +34.80%
2017-12-31 TL15.83 Billion +6.82%
2016-12-31 TL14.82 Billion +17.84%
2015-12-31 TL12.57 Billion +6.34%
2014-12-31 TL11.82 Billion -12.17%
2013-12-31 TL13.46 Billion +98.35%
2012-12-31 TL6.79 Billion +111.63%
2011-12-31 TL3.21 Billion +13.92%
2010-12-31 TL2.82 Billion +2.96%
2009-12-31 TL2.73 Billion +8.69%
2008-12-31 TL2.52 Billion +17.61%
2007-12-31 TL2.14 Billion +6.17%
2006-12-31 TL2.01 Billion +25.99%
2005-12-31 TL1.60 Billion +11.90%
2004-12-31 TL1.43 Billion -100.00%
2003-12-31 TL1065.51 Trillion +36.22%
2002-12-31 TL782.19 Trillion +44.05%
2001-12-31 TL542.98 Trillion +100.50%
2000-12-31 TL270.82 Trillion --

Equity Component Analysis

This analysis shows how different components contribute to Anadolu Efes Biracilik ve Malt 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 decreased by 99.9% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL97.35 Billion 115.84%
Total Equity TL84.04 Billion 100.00%

Anadolu Efes Biracilik ve Malt Sanayi AS Competitors by Market Cap

The table below lists competitors of Anadolu Efes Biracilik ve Malt Sanayi AS ranked by their market capitalization.

Company Market Cap
GENTING SG LTD. DL -10
F:36T
 		$2.63 Billion
Wonik Ips Co. Ltd
KQ:240810
 		$2.63 Billion
Plug Power Inc
NASDAQ:PLUG
 		$2.63 Billion
Ellington Financial Inc.
NYSE:EFC-PD
 		$2.63 Billion
Shanghai International Port Group Co Ltd
SHG:600018
 		$2.63 Billion
Axcelis Technologies Inc
NASDAQ:ACLS
 		$2.62 Billion
Navin Fluorine International Limited
NSE:NAVINFLUOR
 		$2.62 Billion
Patterson Companies Inc
NASDAQ:PDCO
 		$2.62 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Anadolu Efes Biracilik ve Malt Sanayi AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 64,557,722,000 to 84,041,126,000, a change of 19,483,404,000 (30.2%).
  • Net income of 13,117,092,000 contributed positively to equity growth.
  • Dividend payments of 3,002,135,000 reduced retained earnings.
  • Other factors increased equity by 9,368,447,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL13.12 Billion +15.61%
Dividends Paid TL3.00 Billion -3.57%
Other Changes TL9.37 Billion +11.15%
Total Change TL- 30.18%

Book Value vs Market Value Analysis

This analysis compares Anadolu Efes Biracilik ve Malt 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: 0.12x
  • 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 1.05x to 0.12x 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 TL16.84 TL17.73 x
2018-12-31 TL19.05 TL17.73 x
2019-12-31 TL21.91 TL17.73 x
2020-12-31 TL21.63 TL17.73 x
2021-12-31 TL31.61 TL17.73 x
2022-12-31 TL43.23 TL17.73 x
2023-12-31 TL109.03 TL17.73 x
2024-12-31 TL141.94 TL17.73 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Anadolu Efes Biracilik ve Malt 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): 15.61%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.67%
  • • Asset Turnover: 0.66x
  • • Equity Multiplier: 4.19x
  • Recent ROE (15.61%) is above the historical average (13.21%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 22.41% 16.78% 0.61x 2.20x TL29.40 Trillion
2001 1.89% 1.36% 0.62x 2.24x TL-36.85 Trillion
2002 14.40% 11.71% 0.61x 2.00x TL29.13 Trillion
2003 25.27% 22.06% 0.66x 1.74x TL138.78 Trillion
2004 20.72% 17.31% 0.71x 1.68x TL121.90 Million
2005 20.98% 17.94% 0.59x 1.99x TL152.10 Million
2006 16.07% 10.37% 0.65x 2.37x TL101.66 Million
2007 20.56% 12.36% 0.78x 2.14x TL192.33 Million
2008 14.38% 8.44% 0.72x 2.38x TL94.26 Million
2009 17.41% 11.09% 0.70x 2.24x TL179.90 Million
2010 18.20% 12.08% 0.75x 2.02x TL226.93 Million
2011 10.85% 11.71% 0.45x 2.04x TL26.78 Million
2012 9.05% 14.71% 0.35x 1.74x TL-63.61 Million
2013 27.26% 37.38% 0.31x 2.34x TL1.65 Billion
2014 -6.73% -5.08% 0.50x 2.64x TL-1.27 Billion
2015 -2.57% -1.94% 0.46x 2.86x TL-968.56 Million
2016 -0.76% -0.68% 0.41x 2.77x TL-997.05 Million
2017 1.50% 1.15% 0.44x 2.98x TL-847.88 Million
2018 0.86% 0.52% 0.48x 3.45x TL-1.03 Billion
2019 7.88% 4.38% 0.51x 3.54x TL-275.54 Million
2020 6.36% 3.05% 0.53x 3.95x TL-465.82 Million
2021 5.71% 2.72% 0.46x 4.54x TL-803.21 Million
2022 13.40% 3.79% 0.68x 5.21x TL869.47 Million
2023 49.49% 13.84% 0.87x 4.11x TL25.49 Billion
2024 15.61% 5.67% 0.66x 4.19x TL4.71 Billion

Industry Comparison

This section compares Anadolu Efes Biracilik ve Malt Sanayi AS's net assets metrics with peer companies in the Beverages - Non-Alcoholic industry.

Industry Context

  • Industry: Beverages - Non-Alcoholic
  • Average net assets among peers: $803,742,075
  • Average return on equity (ROE) among peers: 10.38%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Anadolu Efes Biracilik ve Malt Sanayi AS (AEFES) TL193.92 Billion 22.41% 1.04x $2.63 Billion
Coca-Cola Icecek AS (CCOLA) $2.87 Billion 17.02% 1.44x $1.60 Billion
Elite Naturel Organik Gida Sanayi ve Ticaret AS (ELITE) $236.40 Million 15.91% 0.84x $28.89 Million
Kristal Kola ve Mesrubat Sanayi Ticaret AS (KRSTL) $37.01 Million 0.00% 0.26x $42.70 Million
Pinar Su Sanayi ve Ticaret AS (PINSU) $70.22 Million 8.58% 0.26x $28.16 Million