Anel Elektrik Proje Taahhut ve Ticaret AS
Anel Elektrik Proje Taahhüt ve Ticaret Anonim Sirketi, together with its subsidiaries, provides MEP services worldwide. It offers solutions in the areas of operation and maintenance, low voltage panel production, recycling, and defense industry ship electric and electronic systems. The company undertakes various electrical and mechanical contracting projects, including airports, stadiums, rail sy… Read more
Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) - Net Assets
Latest net assets as of September 2025: TL2.92 Billion TRY
Based on the latest financial reports, Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) has net assets worth TL2.92 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL13.10 Billion) and total liabilities (TL10.18 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 | TL2.92 Billion |
| % of Total Assets | 22.3% |
| Annual Growth Rate | 25.86% |
| 5-Year Change | 459.07% |
| 10-Year Change | 722.75% |
| Growth Volatility | 50.48 |
Anel Elektrik Proje Taahhut ve Ticaret AS - Net Assets Trend (2007–2024)
This chart illustrates how Anel Elektrik Proje Taahhut ve Ticaret 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 Anel Elektrik Proje Taahhut ve Ticaret AS (2007–2024)
The table below shows the annual net assets of Anel Elektrik Proje Taahhut ve Ticaret AS from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.47 Billion | -20.23% |
| 2023-12-31 | TL3.10 Billion | +196.63% |
| 2022-12-31 | TL1.05 Billion | +62.09% |
| 2021-12-31 | TL644.97 Million | +45.77% |
| 2020-12-31 | TL442.45 Million | -12.82% |
| 2019-12-31 | TL507.53 Million | +6.54% |
| 2018-12-31 | TL476.37 Million | +21.74% |
| 2017-12-31 | TL391.30 Million | +4.62% |
| 2016-12-31 | TL374.02 Million | +24.40% |
| 2015-12-31 | TL300.65 Million | +0.88% |
| 2014-12-31 | TL298.02 Million | +6.26% |
| 2013-12-31 | TL280.45 Million | +13.75% |
| 2012-12-31 | TL246.54 Million | -0.77% |
| 2011-12-31 | TL248.46 Million | +20.22% |
| 2010-12-31 | TL206.66 Million | +103.25% |
| 2009-12-31 | TL101.68 Million | +56.25% |
| 2008-12-31 | TL65.07 Million | +31.37% |
| 2007-12-31 | TL49.53 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Anel Elektrik Proje Taahhut ve Ticaret 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 29211.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL4.19 Billion | 174.69% |
| Total Equity | TL2.40 Billion | 100.00% |
Anel Elektrik Proje Taahhut ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Anel Elektrik Proje Taahhut ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aluula Composites Inc.
V:AUUA
|
$37.61 Million |
|
Tai Roun Products Co Ltd
TW:1220
|
$37.61 Million |
|
Kr1 PLC
PINK:KROEF
|
$37.64 Million |
|
Tait Marketing & Distribution Co Ltd
TWO:5902
|
$37.67 Million |
|
Rawlplug S.A.
WAR:RWL
|
$37.58 Million |
|
Schwager
SN:SCHWAGER
|
$37.58 Million |
|
Norse Atlantic ASA
OTCQX:NRSAF
|
$37.57 Million |
|
CMC JSC
VN:CVT
|
$37.57 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Anel Elektrik Proje Taahhut ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,030,439,183 to 2,398,914,465, a change of -631,524,718 (-20.8%).
- Net loss of 158,825,855 reduced equity.
- Other factors decreased equity by 472,698,863.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-158.83 Million | -6.62% |
| Other Changes | TL-472.70 Million | -19.7% |
| Total Change | TL- | -20.84% |
Book Value vs Market Value Analysis
This analysis compares Anel Elektrik Proje Taahhut ve Ticaret 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: 1.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 7.20x to 1.57x 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 | TL1.97 | TL14.18 | x |
| 2018-12-31 | TL2.39 | TL14.18 | x |
| 2019-12-31 | TL2.53 | TL14.18 | x |
| 2020-12-31 | TL2.24 | TL14.18 | x |
| 2021-12-31 | TL2.43 | TL14.18 | x |
| 2022-12-31 | TL3.91 | TL14.18 | x |
| 2023-12-31 | TL11.44 | TL14.18 | x |
| 2024-12-31 | TL9.05 | TL14.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Anel Elektrik Proje Taahhut ve Ticaret 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): -6.62%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.68%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 4.19x
- Recent ROE (-6.62%) is below the historical average (2.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 11.54% | 6.50% | 0.58x | 3.06x | TL2.78 Million |
| 2011 | 11.31% | 7.07% | 0.56x | 2.86x | TL2.93 Million |
| 2012 | 0.01% | 0.00% | 0.52x | 2.72x | TL-21.73 Million |
| 2013 | 0.55% | 0.30% | 0.56x | 3.29x | TL-23.76 Million |
| 2014 | 3.71% | 1.57% | 0.62x | 3.83x | TL-16.98 Million |
| 2015 | 5.03% | 2.65% | 0.66x | 2.87x | TL-14.25 Million |
| 2016 | 18.47% | 8.83% | 0.58x | 3.62x | TL27.43 Million |
| 2017 | 17.79% | 6.89% | 1.09x | 2.37x | TL30.66 Million |
| 2018 | 3.54% | 1.25% | 1.22x | 2.33x | TL-30.91 Million |
| 2019 | 0.70% | 0.34% | 0.73x | 2.78x | TL-47.08 Million |
| 2020 | -31.72% | -19.23% | 0.46x | 3.61x | TL-186.99 Million |
| 2021 | -19.07% | -12.54% | 0.30x | 5.05x | TL-187.54 Million |
| 2022 | 10.52% | 4.41% | 0.51x | 4.73x | TL5.41 Million |
| 2023 | 10.60% | 10.55% | 0.23x | 4.30x | TL18.31 Million |
| 2024 | -6.62% | -3.68% | 0.43x | 4.19x | TL-398.72 Million |
Industry Comparison
This section compares Anel Elektrik Proje Taahhut ve Ticaret AS's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $822,098,157
- Average return on equity (ROE) among peers: 13.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) | TL2.92 Billion | 11.54% | 3.48x | $37.60 Million |
| Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) | $114.20 Million | 0.00% | 0.62x | $95.66 Million |
| Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) | $92.13 Million | 39.10% | 5.00x | $51.78 Million |
| Girisim Elektrik Taahhut Ticaret & Sanayi AS (GESAN) | $994.09 Million | 22.18% | 1.06x | $78.34 Million |
| Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) | $32.63 Million | -12.66% | 1.07x | $11.12 Million |
| Orge Enerji Elektrik Taahhut AS (ORGE) | $258.00K | 0.00% | 6.74x | $79.96 Million |
| Ral Yatirim Holding AS (RALYH) | $3.46 Billion | 37.69% | 1.11x | $472.79 Million |
| Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) | $20.70 Million | 0.00% | 0.92x | $9.46 Million |
| Yayla Enerji Uretim Turizm ve (YAYLA) | $7.93 Million | 0.00% | 0.37x | $18.29 Million |
| Yeo Teknoloji Enerji ve Endustri AS (YEOTK) | $2.68 Billion | 33.46% | 2.39x | $48.37 Million |