Avrupa Yatirim Holding AS (AVHOL) - Net Assets

Latest as of September 2025: TL1.96 Billion TRY ≈ $43.99 Million USD

Based on the latest financial reports, Avrupa Yatirim Holding AS (AVHOL) has net assets worth TL1.96 Billion TRY (≈ $43.99 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.01 Billion ≈ $67.37 Million USD) and total liabilities (TL1.04 Billion ≈ $23.38 Million 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 AVHOL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL1.96 Billion
% of Total Assets	65.29%
Annual Growth Rate	53.65%
5-Year Change	2594.39%
10-Year Change	6017.83%
Growth Volatility	86.3

Avrupa Yatirim Holding AS - Net Assets Trend (2009–2024)

This chart illustrates how Avrupa Yatirim Holding AS's net assets have evolved over time, based on quarterly financial data. Also explore AVHOL current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Avrupa Yatirim Holding AS (2009–2024)

The table below shows the annual net assets of Avrupa Yatirim Holding AS from 2009 to 2024. For live valuation and market cap data, see AVHOL market cap overview.

Year	Net Assets	Change
2024-12-31	TL879.35 Million ≈ $19.70 Million	+66.10%
2023-12-31	TL529.41 Million ≈ $11.86 Million	+163.25%
2022-12-31	TL201.11 Million ≈ $4.50 Million	+142.92%
2021-12-31	TL82.79 Million ≈ $1.85 Million	+153.66%
2020-12-31	TL32.64 Million ≈ $730.97K	+8.75%
2019-12-31	TL30.01 Million ≈ $672.17K	-4.33%
2018-12-31	TL31.37 Million ≈ $702.60K	+221.69%
2017-12-31	TL9.75 Million ≈ $218.41K	+0.54%
2016-12-31	TL9.70 Million ≈ $217.25K	-32.52%
2015-12-31	TL14.37 Million ≈ $321.93K	+9.62%
2014-12-31	TL13.11 Million ≈ $293.67K	-9.92%
2013-12-31	TL14.56 Million ≈ $326.02K	+11.87%
2012-12-31	TL13.01 Million ≈ $291.44K	+219.39%
2011-12-31	TL4.07 Million ≈ $91.25K	+141.64%
2010-12-31	TL1.69 Million ≈ $37.76K	+20.43%
2009-12-31	TL1.40 Million ≈ $31.36K	--

Equity Component Analysis

This analysis shows how different components contribute to Avrupa Yatirim Holding 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 21996952500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	TL810.70 Million	137.24%
Total Equity	TL590.73 Million	100.00%

Avrupa Yatirim Holding AS Competitors by Market Cap

The table below lists competitors of Avrupa Yatirim Holding AS ranked by their market capitalization.

Company	Market Cap
Ortoma AB Series B ST:ORT-B	$31.98 Million
PIMS Inc. KQ:347770	$31.99 Million
Sapmer PA:ALMER	$32.00 Million
TBC Bank Group PLC LSE:TBCG	$32.05 Million
Ironbark Capital Ltd AU:IBC	$31.95 Million
Tocvan Ventures Corp F:TV3	$31.94 Million
Poulaillon SA PA:ALPOU	$31.94 Million
Elon AB (publ) ST:ELON	$31.94 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Avrupa Yatirim Holding AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 517,311,421 to 590,734,894, a change of 73,423,473 (14.2%).
Net income of 81,119,716 contributed positively to equity growth.
Other factors decreased equity by 7,696,243.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	TL81.12 Million	+13.73%
Other Changes	TL-7.70 Million	-1.3%
Total Change	TL-	14.19%

Book Value vs Market Value Analysis

This analysis compares Avrupa Yatirim Holding 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: 2.42x
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 48.90x to 2.42x 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	TL0.78	TL38.30	x
2018-12-31	TL1.05	TL38.30	x
2019-12-31	TL1.00	TL38.30	x
2020-12-31	TL0.01	TL38.30	x
2021-12-31	TL2.54	TL38.30	x
2022-12-31	TL5.20	TL38.30	x
2023-12-31	TL13.89	TL38.30	x
2024-12-31	TL15.86	TL38.30	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Avrupa Yatirim Holding 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): 13.73%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 13.49%
• Asset Turnover: 0.44x
• Equity Multiplier: 2.33x
Recent ROE (13.73%) is above the historical average (1.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	1.94%	0.87%	0.92x	2.43x	TL-1.17 Million
2014	-10.65%	-6.72%	0.72x	2.21x	TL-2.71 Million
2015	30.17%	15.05%	0.66x	3.02x	TL2.90 Million
2016	-46.18%	-33.94%	0.36x	3.78x	TL-5.46 Million
2017	0.72%	0.23%	0.64x	4.96x	TL-904.77K
2018	0.11%	0.07%	0.82x	1.73x	TL-3.10 Million
2019	9.92%	26.94%	0.22x	1.67x	TL-23.17K
2020	0.20%	0.44%	0.25x	1.81x	TL-3.20 Million
2021	3.34%	6.43%	0.36x	1.43x	TL-5.08 Million
2022	3.35%	6.27%	0.36x	1.49x	TL-12.88 Million
2023	12.31%	16.87%	0.52x	1.42x	TL11.96 Million
2024	13.73%	13.49%	0.44x	2.33x	TL22.05 Million

Industry Comparison

This section compares Avrupa Yatirim Holding AS's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $150,390,538
Average return on equity (ROE) among peers: 5.82%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Avrupa Yatirim Holding AS (AVHOL)	TL1.96 Billion	1.94%	0.53x	$31.95 Million
Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR)	$92.56 Million	8.08%	0.13x	$19.32 Million
Cosmos Yatirim Holding AS (COSMO)	$48.40 Million	-9.27%	2.48x	$31.58 Million
Dagi Yatirim Holding AS (DAGHL)	$40.96 Million	21.35%	0.05x	$268.77 Million
Denge Yatirim Holding AS (DENGE)	$583.76 Million	15.63%	0.93x	$33.67 Million
Euro Trend Yatirim Ortakligi AS (ETYAT)	$66.92 Million	-31.05%	0.14x	$3.63 Million
Euro Kapital Yatirim Ortakligi AS (EUKYO)	$33.45 Million	25.54%	0.01x	$3.24 Million
Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO)	$21.89 Million	0.00%	0.01x	$2.53 Million
Gelecek Varlik Yonetimi AS (GLCVY)	$460.12 Million	22.08%	1.61x	$201.97 Million
Guler Yatirim Holding AS (GLRYH)	$5.45 Million	0.00%	0.02x	$53.75 Million

About Avrupa Yatirim Holding AS

IS:AVHOL Turkey Asset Management

Market Cap

$31.95 Million

TL1.43 Billion TRY

Market Cap Rank

#23500 Global

#418 in Turkey

Share Price

TL38.30

Change (1 day)

-1.74%

52-Week Range

TL34.72 - TL54.90

All Time High

TL164.00