Cimentas Izmir Cimento Fabrikasi TAS (CMENT) - Net Assets
Based on the latest financial reports, Cimentas Izmir Cimento Fabrikasi TAS (CMENT) has net assets worth TL17.98 Billion TRY (≈ $402.70 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL23.91 Billion ≈ $535.53 Million USD) and total liabilities (TL5.93 Billion ≈ $132.83 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 Cimentas Izmir Cimento Fabrikasi TAS (CMENT) tangible net worth to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL17.98 Billion |
| % of Total Assets | 75.2% |
| Annual Growth Rate | 21.99% |
| 5-Year Change | 1227.97% |
| 10-Year Change | 1167.39% |
| Growth Volatility | 108.75 |
Cimentas Izmir Cimento Fabrikasi TAS - Net Assets Trend (2005–2024)
This chart illustrates how Cimentas Izmir Cimento Fabrikasi TAS's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Cimentas Izmir Cimento Fabrikasi TAS to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Cimentas Izmir Cimento Fabrikasi TAS (2005–2024)
The table below shows the annual net assets of Cimentas Izmir Cimento Fabrikasi TAS from 2005 to 2024. For live valuation and market cap data, see CMENT stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL15.20 Billion ≈ $340.40 Million |
+3.69% |
| 2023-12-31 | TL14.66 Billion ≈ $328.28 Million |
+489.24% |
| 2022-12-31 | TL2.49 Billion ≈ $55.71 Million |
+74.82% |
| 2021-12-31 | TL1.42 Billion ≈ $31.87 Million |
+24.33% |
| 2020-12-31 | TL1.14 Billion ≈ $25.63 Million |
-4.84% |
| 2019-12-31 | TL1.20 Billion ≈ $26.94 Million |
-2.56% |
| 2018-12-31 | TL1.23 Billion ≈ $27.64 Million |
+4.95% |
| 2017-12-31 | TL1.18 Billion ≈ $26.34 Million |
+0.04% |
| 2016-12-31 | TL1.18 Billion ≈ $26.33 Million |
-1.98% |
| 2015-12-31 | TL1.20 Billion ≈ $26.86 Million |
+5.06% |
| 2014-12-31 | TL1.14 Billion ≈ $25.56 Million |
+10.96% |
| 2013-12-31 | TL1.03 Billion ≈ $23.04 Million |
+11.24% |
| 2012-12-31 | TL924.75 Million ≈ $20.71 Million |
+4.05% |
| 2011-12-31 | TL888.74 Million ≈ $19.91 Million |
+7.51% |
| 2010-12-31 | TL826.63 Million ≈ $18.51 Million |
+19.31% |
| 2009-12-31 | TL692.84 Million ≈ $15.52 Million |
+21.53% |
| 2008-12-31 | TL570.09 Million ≈ $12.77 Million |
-22.92% |
| 2007-12-31 | TL739.60 Million ≈ $16.57 Million |
+20.05% |
| 2006-12-31 | TL616.09 Million ≈ $13.80 Million |
+77.02% |
| 2005-12-31 | TL348.04 Million ≈ $7.80 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Cimentas Izmir Cimento Fabrikasi TAS'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 10434.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.69 Billion | 42.22% |
| Other Components | TL6.42 Billion | 57.78% |
| Total Equity | TL11.11 Billion | 100.00% |
Cimentas Izmir Cimento Fabrikasi TAS Competitors by Market Cap
The table below lists competitors of Cimentas Izmir Cimento Fabrikasi TAS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Integrated Electronic Systems Lab Co Ltd
SHE:002339
|
$557.66 Million |
|
Cachet Pharmaceutical Co Ltd
SHE:002462
|
$557.91 Million |
|
WashTec AG
XETRA:WSU
|
$557.99 Million |
|
Zhejiang Runyang New Material Technology Co. Ltd.
SHE:300920
|
$558.11 Million |
|
Mayville Engineering Co Inc
NYSE:MEC
|
$557.44 Million |
|
CARE Ratings Limited
NSE:CARERATING
|
$557.42 Million |
|
ALLIANZ TECHNO.TR.LS-025
F:28X
|
$557.41 Million |
|
Beijing Dinghan Tech Co
SHE:300011
|
$557.37 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cimentas Izmir Cimento Fabrikasi TAS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,965,351,000 to 11,107,228,000, a change of 141,877,000 (1.3%).
- Net income of 944,615,000 contributed positively to equity growth.
- Dividend payments of 650,384,000 reduced retained earnings.
- Other factors decreased equity by 152,354,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL944.62 Million | +8.5% |
| Dividends Paid | TL650.38 Million | -5.86% |
| Other Changes | TL-152.35 Million | -1.37% |
| Total Change | TL- | 1.29% |
Book Value vs Market Value Analysis
This analysis compares Cimentas Izmir Cimento Fabrikasi TAS'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: 2.24x
- 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 24.37x to 2.24x 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 | TL11.80 | TL287.50 | x |
| 2018-12-31 | TL11.76 | TL287.50 | x |
| 2019-12-31 | TL10.87 | TL287.50 | x |
| 2020-12-31 | TL10.44 | TL287.50 | x |
| 2021-12-31 | TL13.31 | TL287.50 | x |
| 2022-12-31 | TL24.05 | TL287.50 | x |
| 2023-12-31 | TL126.63 | TL287.50 | x |
| 2024-12-31 | TL128.27 | TL287.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cimentas Izmir Cimento Fabrikasi TAS 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): 8.50%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.54%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.88x
- Recent ROE (8.50%) is above the historical average (7.06%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 9.32% | 13.11% | 0.36x | 1.99x | TL-2.32 Million |
| 2006 | 5.74% | 8.93% | 0.34x | 1.87x | TL-25.73 Million |
| 2007 | 14.37% | 23.04% | 0.37x | 1.68x | TL31.78 Million |
| 2009 | 7.97% | 10.38% | 0.49x | 1.57x | TL-11.79 Million |
| 2010 | 2.90% | 4.26% | 0.43x | 1.57x | TL-49.91 Million |
| 2011 | 2.86% | 3.79% | 0.47x | 1.62x | TL-52.86 Million |
| 2012 | 1.27% | 1.64% | 0.47x | 1.65x | TL-67.08 Million |
| 2013 | 4.23% | 5.07% | 0.48x | 1.73x | TL-46.76 Million |
| 2014 | 12.05% | 14.20% | 0.53x | 1.61x | TL18.89 Million |
| 2015 | 7.38% | 9.79% | 0.49x | 1.55x | TL-26.03 Million |
| 2016 | 0.47% | 0.60% | 0.52x | 1.51x | TL-95.00 Million |
| 2017 | 3.10% | 3.64% | 0.55x | 1.53x | TL-70.50 Million |
| 2018 | -0.54% | -0.57% | 0.56x | 1.71x | TL-107.37 Million |
| 2019 | -8.80% | -10.18% | 0.48x | 1.81x | TL-176.84 Million |
| 2020 | -3.90% | -3.09% | 0.64x | 1.98x | TL-125.67 Million |
| 2021 | 14.13% | 8.94% | 0.72x | 2.20x | TL47.59 Million |
| 2022 | 41.51% | 18.22% | 1.08x | 2.11x | TL656.35 Million |
| 2023 | 11.61% | 8.21% | 0.79x | 1.78x | TL176.22 Million |
| 2024 | 8.50% | 6.54% | 0.69x | 1.88x | TL-166.11 Million |
Industry Comparison
This section compares Cimentas Izmir Cimento Fabrikasi TAS's net assets metrics with peer companies in the Building Materials industry.
Industry Context
- Industry: Building Materials
- Average net assets among peers: $4,391,634,266
- Average return on equity (ROE) among peers: 9.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cimentas Izmir Cimento Fabrikasi TAS (CMENT) | TL17.98 Billion | 9.32% | 0.33x | $557.59 Million |
| Afyon Cimento Sanayi TAS (AFYON) | $807.57 Million | 33.11% | 0.57x | $119.15 Million |
| Akcansa Cimento Sanayi ve Ticaret AS (AKCNS) | $627.73 Million | 10.09% | 0.17x | $838.72 Million |
| Bastas Baskent Cimento Sanayi ve Ticaret AS (BASCM) | $6.32 Billion | 22.29% | 0.33x | $212.13 Million |
| Bogazici Beton Sanayi ve Ticaret AS (BOBET) | $6.10 Billion | 2.64% | 0.41x | $164.43 Million |
| Batisoke Soke Cimento Sanayi TAS (BSOKE) | $217.16 Million | -7.95% | 2.02x | $1.31 Billion |
| Baticim Bati Anadolu Cimento Sanayi AS (BTCIM) | $752.36 Million | -24.17% | 2.23x | $773.61 Million |
| Bursa Cimento Fabrikasi AS (BUCIM) | $18.55 Billion | -4.33% | 0.51x | $198.55 Million |
| Cimsa Cimento Sanayi ve Ticaret AS (CIMSA) | $6.11 Billion | 56.18% | 0.90x | $1.06 Billion |
| Cimbeton Hazirbeton ve Prefabrik Yapi Elemanlari Sanayi ve Ticaret AS (CMBTN) | $38.64 Million | 2.09% | 2.00x | $60.26 Million |
About Cimentas Izmir Cimento Fabrikasi TAS
Çimentas Izmir Çimento Fabrikasi Türk A.S., together with its subsidiaries, engages in the production, trading, sale, and transportation of bulk and bagged cement in Turkey. The company operates through four segments: Cement, Aggregate, Ready-mixed concrete, and Waste management. It is involved in the sale of fuels; and fly ash production business. The company was founded in 1947 and is headquart… Read more