Agesa Hayat ve Emeklilik AS (AGESA) - Net Assets
Based on the latest financial reports, Agesa Hayat ve Emeklilik AS (AGESA) has net assets worth TL10.09 Billion TRY (≈ $226.00 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL466.85 Billion ≈ $10.46 Billion USD) and total liabilities (TL456.76 Billion ≈ $10.23 Billion USD). 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 AGESA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL10.09 Billion |
| % of Total Assets | 2.16% |
| Annual Growth Rate | 48.92% |
| 5-Year Change | 637.26% |
| 10-Year Change | N/A |
| Growth Volatility | 26.39 |
Agesa Hayat ve Emeklilik AS - Net Assets Trend (2018–2025)
This chart illustrates how Agesa Hayat ve Emeklilik AS's net assets have evolved over time, based on quarterly financial data. See AGESA cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Agesa Hayat ve Emeklilik AS (2018–2025)
The table below shows the annual net assets of Agesa Hayat ve Emeklilik AS from 2018 to 2025. For live valuation and market cap data, see how much is Agesa Hayat ve Emeklilik AS worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL10.09 Billion ≈ $226.00 Million |
+85.18% |
| 2024-12-31 | TL5.45 Billion ≈ $122.04 Million |
+79.21% |
| 2023-12-31 | TL3.04 Billion ≈ $68.10 Million |
+79.82% |
| 2022-12-31 | TL1.69 Billion ≈ $37.87 Million |
+23.54% |
| 2021-12-31 | TL1.37 Billion ≈ $30.65 Million |
+27.21% |
| 2020-12-31 | TL1.08 Billion ≈ $24.10 Million |
+33.70% |
| 2019-12-31 | TL804.73 Million ≈ $18.02 Million |
+29.56% |
| 2018-12-31 | TL621.14 Million ≈ $13.91 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Agesa Hayat ve Emeklilik 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 2330.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL5.56 Billion | 55.05% |
| Other Components | TL4.54 Billion | 44.95% |
| Total Equity | TL10.09 Billion | 100.00% |
Agesa Hayat ve Emeklilik AS Competitors by Market Cap
The table below lists competitors of Agesa Hayat ve Emeklilik AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AVI Global Trust PLC
LSE:AGT
|
$1.04 Billion |
|
Bittium Oyj
HE:BITTI
|
$1.04 Billion |
|
Isracard Ltd
TA:ISCD
|
$1.04 Billion |
|
Dongguan Golden Sun Abrasives Co Ltd
SHE:300606
|
$1.04 Billion |
|
Hangzhou Weiguang Electronic Co Ltd
SHE:002801
|
$1.04 Billion |
|
Ningbo Dechang Electrical Machinery Made Co Ltd
SHG:605555
|
$1.04 Billion |
|
Nordic American Tankers Limited
F:B3O
|
$1.04 Billion |
|
FAWER Automotive Parts Ltd Co
SHE:000030
|
$1.04 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Agesa Hayat ve Emeklilik AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,448,908,796 to 10,090,449,625, a change of 4,641,540,829 (85.2%).
- Net income of 5,555,079,234 contributed positively to equity growth.
- Dividend payments of 942,203,657 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL5.56 Billion | +55.05% |
| Dividends Paid | TL942.20 Million | -9.34% |
| Other Changes | TL28.67 Million | +0.28% |
| Total Change | TL- | 85.18% |
Book Value vs Market Value Analysis
This analysis compares Agesa Hayat ve Emeklilik 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: 4.62x
- 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 decreased from 74.98x to 4.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL3.45 | TL258.75 | x |
| 2019-12-31 | TL4.47 | TL258.75 | x |
| 2020-12-31 | TL5.98 | TL258.75 | x |
| 2021-12-31 | TL7.60 | TL258.75 | x |
| 2022-12-31 | TL9.39 | TL258.75 | x |
| 2023-12-31 | TL16.89 | TL258.75 | x |
| 2024-12-31 | TL30.27 | TL258.75 | x |
| 2025-12-31 | TL56.06 | TL258.75 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Agesa Hayat ve Emeklilik 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): 55.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.17%
- • Asset Turnover: 0.10x
- • Equity Multiplier: 46.27x
- Recent ROE (55.05%) is above the historical average (42.42%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 32.29% | 20.19% | 0.45x | 3.53x | TL138.47 Million |
| 2019 | 29.89% | 15.73% | 0.51x | 3.71x | TL160.06 Million |
| 2020 | 32.50% | 17.76% | 0.47x | 3.89x | TL242.05 Million |
| 2021 | 39.50% | 18.44% | 0.40x | 5.32x | TL403.70 Million |
| 2022 | 51.73% | 11.80% | 0.08x | 51.80x | TL705.50 Million |
| 2023 | 45.72% | 8.78% | 0.10x | 54.29x | TL1.09 Billion |
| 2024 | 52.70% | 11.84% | 0.09x | 49.33x | TL2.33 Billion |
| 2025 | 55.05% | 12.17% | 0.10x | 46.27x | TL4.55 Billion |
Industry Comparison
This section compares Agesa Hayat ve Emeklilik AS's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $444,641,634
- Average return on equity (ROE) among peers: -9.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Agesa Hayat ve Emeklilik AS (AGESA) | TL10.09 Billion | 32.29% | 45.27x | $1.04 Billion |
| AK Sigorta AS (AKGRT) | $348.64 Million | -38.99% | 4.39x | $262.84 Million |
| Anadolu Anonim Turk Sigorta Sti (ANSGR) | $969.09 Million | 10.54% | 4.90x | $1.33 Billion |
| Ray Sigorta AS (RAYSG) | $16.20 Million | 0.00% | 8.70x | $723.16 Million |
About Agesa Hayat ve Emeklilik AS
AgeSA Hayat ve Emeklilik Anonim Sirketi, together with its subsidiaries, provides life insurance products in Turkey. It operates in four segments: Life Protection, Savings Life, Non-Life, And Private Pension. The company offers life insurance products, including credit-linked, non-credit-linked, premium-refundable life insurance, insurance policies, VIP, credit protection, and savings life insura… Read more