ENKA Insaat ve Sanayi AS (ENKAI) - Net Assets
Based on the latest financial reports, ENKA Insaat ve Sanayi AS (ENKAI) has net assets worth TL8.66 Billion TRY (≈ $194.02 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 (TL11.27 Billion ≈ $252.42 Million USD) and total liabilities (TL2.61 Billion ≈ $58.40 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 ENKA Insaat ve Sanayi AS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL8.66 Billion |
| % of Total Assets | 76.87% |
| Annual Growth Rate | -14.98% |
| 5-Year Change | 469.93% |
| 10-Year Change | 1781.48% |
| Growth Volatility | 748.96 |
ENKA Insaat ve Sanayi AS - Net Assets Trend (2000–2024)
This chart illustrates how ENKA Insaat ve Sanayi AS's net assets have evolved over time, based on quarterly financial data. Also explore ENKA Insaat ve Sanayi AS asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for ENKA Insaat ve Sanayi AS (2000–2024)
The table below shows the annual net assets of ENKA Insaat ve Sanayi AS from 2000 to 2024. For live valuation and market cap data, see how much is ENKA Insaat ve Sanayi AS worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL283.23 Billion ≈ $6.34 Billion |
+3727.23% |
| 2023-12-31 | TL7.40 Billion ≈ $165.75 Million |
-93.95% |
| 2022-12-31 | TL122.41 Billion ≈ $2.74 Billion |
+36.22% |
| 2021-12-31 | TL89.86 Billion ≈ $2.01 Billion |
+80.82% |
| 2020-12-31 | TL49.70 Billion ≈ $1.11 Billion |
+650.02% |
| 2019-12-31 | TL6.63 Billion ≈ $148.41 Million |
+7.80% |
| 2018-12-31 | TL6.15 Billion ≈ $137.66 Million |
-2.19% |
| 2017-12-31 | TL6.28 Billion ≈ $140.74 Million |
+9.94% |
| 2016-12-31 | TL5.72 Billion ≈ $128.02 Million |
-62.03% |
| 2015-12-31 | TL15.05 Billion ≈ $337.16 Million |
+188.67% |
| 2014-12-31 | TL5.21 Billion ≈ $116.80 Million |
-56.84% |
| 2013-12-31 | TL12.08 Billion ≈ $270.61 Million |
+26.47% |
| 2012-12-31 | TL9.55 Billion ≈ $213.98 Million |
+100.10% |
| 2011-12-31 | TL4.77 Billion ≈ $106.94 Million |
+8.17% |
| 2010-12-31 | TL4.41 Billion ≈ $98.86 Million |
+10.66% |
| 2009-12-31 | TL3.99 Billion ≈ $89.33 Million |
+13.20% |
| 2008-12-31 | TL3.52 Billion ≈ $78.92 Million |
+9.48% |
| 2007-12-31 | TL3.22 Billion ≈ $72.08 Million |
+37.17% |
| 2006-12-31 | TL2.35 Billion ≈ $52.55 Million |
+23.64% |
| 2005-12-31 | TL1.90 Billion ≈ $42.50 Million |
+22.37% |
| 2004-12-31 | TL1.55 Billion ≈ $34.73 Million |
+26.54% |
| 2003-12-31 | TL1.23 Billion ≈ $27.45 Million |
+16.00% |
| 2002-12-31 | TL1.06 Billion ≈ $23.66 Million |
+74.82% |
| 2001-12-31 | TL604.37 Million ≈ $13.54 Million |
-100.00% |
| 2000-12-31 | TL13.93 Trillion ≈ $311.96 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to ENKA Insaat ve 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 grown by 22606465700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL226.06 Billion | 80.91% |
| Other Components | TL53.35 Billion | 19.09% |
| Total Equity | TL279.42 Billion | 100.00% |
ENKA Insaat ve Sanayi AS Competitors by Market Cap
The table below lists competitors of ENKA Insaat ve Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
News Corporation
AU:NWSLV
|
$13.74 Billion |
|
SCB X Public Company Limited
BK:SCB
|
$13.75 Billion |
|
Evolution AB (publ)
ST:EVO
|
$13.77 Billion |
|
Evergreen Marine Corp Taiwan Ltd
TW:2603
|
$13.78 Billion |
|
Host Hotels & Resorts Inc
NASDAQ:HST
|
$13.73 Billion |
|
Wistron Corp
TW:3231
|
$13.73 Billion |
|
SK Telecom Co Ltd
KO:017670
|
$13.73 Billion |
|
SK Telecom Co Ltd ADR
NYSE:SKM
|
$13.71 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ENKA Insaat ve Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 7,303,106,557 to 279,417,933,000, a change of 272,114,826,443 (3726.0%).
- Net income of 698,394,428 contributed positively to equity growth.
- Dividend payments of 321,219,751 reduced retained earnings.
- Other factors increased equity by 271,737,651,766.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL698.39 Million | +0.25% |
| Dividends Paid | TL321.22 Million | -0.11% |
| Other Changes | TL271.74 Billion | +97.25% |
| Total Change | TL- | 3726.01% |
Book Value vs Market Value Analysis
This analysis compares ENKA Insaat ve 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: 2.19x
- 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 94.17x to 2.19x 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 | TL1.11 | TL104.60 | x |
| 2018-12-31 | TL1.18 | TL104.60 | x |
| 2019-12-31 | TL1.19 | TL104.60 | x |
| 2020-12-31 | TL8.85 | TL104.60 | x |
| 2021-12-31 | TL16.29 | TL104.60 | x |
| 2022-12-31 | TL21.15 | TL104.60 | x |
| 2023-12-31 | TL1.28 | TL104.60 | x |
| 2024-12-31 | TL47.66 | TL104.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ENKA Insaat ve 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): 0.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 24.56%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.30x
- Recent ROE (0.25%) is below the historical average (11.94%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 15.71% | 13.87% | 0.68x | 1.67x | TL33.92 Million |
| 2002 | 16.32% | 14.33% | 0.62x | 1.83x | TL55.92 Million |
| 2003 | 17.31% | 18.52% | 0.56x | 1.67x | TL81.44 Million |
| 2004 | 19.70% | 14.51% | 0.46x | 2.97x | TL134.13 Million |
| 2005 | 17.75% | 10.15% | 0.64x | 2.72x | TL132.98 Million |
| 2006 | 19.20% | 10.22% | 0.73x | 2.58x | TL197.43 Million |
| 2007 | 19.36% | 10.88% | 0.67x | 2.65x | TL277.72 Million |
| 2008 | 18.12% | 8.54% | 0.90x | 2.37x | TL266.22 Million |
| 2009 | 14.11% | 10.30% | 0.73x | 1.88x | TL153.74 Million |
| 2010 | 13.09% | 11.59% | 0.66x | 1.71x | TL128.98 Million |
| 2011 | 11.22% | 10.09% | 0.68x | 1.65x | TL55.19 Million |
| 2012 | 11.80% | 10.42% | 0.70x | 1.62x | TL163.53 Million |
| 2013 | 10.45% | 10.02% | 0.69x | 1.51x | TL53.83 Million |
| 2014 | 12.80% | 11.34% | 0.75x | 1.51x | TL144.44 Million |
| 2015 | 9.66% | 11.63% | 0.60x | 1.39x | TL-50.49 Million |
| 2016 | 8.91% | 16.79% | 0.40x | 1.34x | TL-61.69 Million |
| 2017 | 11.35% | 24.30% | 0.36x | 1.29x | TL83.81 Million |
| 2018 | 4.93% | 11.37% | 0.34x | 1.28x | TL-307.82 Million |
| 2019 | 9.97% | 36.23% | 0.22x | 1.27x | TL-2.10 Million |
| 2020 | 9.17% | 38.78% | 0.19x | 1.26x | TL-408.33 Million |
| 2021 | 5.80% | 20.01% | 0.21x | 1.36x | TL-3.74 Billion |
| 2022 | 1.62% | 3.17% | 0.39x | 1.33x | TL-10.14 Billion |
| 2023 | 7.87% | 22.12% | 0.28x | 1.28x | TL-155.66 Million |
| 2024 | 0.25% | 24.56% | 0.01x | 1.30x | TL-27.24 Billion |
Industry Comparison
This section compares ENKA Insaat ve Sanayi AS's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,576,359,404
- Average return on equity (ROE) among peers: 19.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ENKA Insaat ve Sanayi AS (ENKAI) | TL8.66 Billion | 15.71% | 0.30x | $13.74 Billion |
| Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) | $248.46 Million | 10.16% | 1.56x | $285.49 Million |
| Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) | $391.90 Million | 15.24% | 0.64x | $137.34 Million |
| Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) | $149.69 Million | 39.90% | 2.50x | $74.95 Million |
| Girisim Elektrik Taahhut Ticaret & Sanayi AS (GESAN) | $12.33 Billion | 8.05% | 0.79x | $513.08 Million |
| Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) | $32.08 Million | 0.00% | 0.53x | $7.14 Million |
| Orge Enerji Elektrik Taahhut AS (ORGE) | $137.13 Million | 37.51% | 0.53x | $151.27 Million |
| Ral Yatirim Holding AS (RALYH) | $383.38 Million | 58.51% | 1.17x | $2.51 Billion |
| Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) | $20.70 Million | 0.00% | 0.92x | $84.33 Million |
| Yayla Enerji Uretim Turizm ve (YAYLA) | $494.19 Million | 10.05% | 0.09x | $31.84 Million |
About ENKA Insaat ve Sanayi AS
Enka Insaat ve Sanayi A.S., together with its subsidiaries, engages in construction activities in Turkey, Georgia, Turkmenistan, Kazakhstan, Kenya, Libya, and Europe. The company operates through four segments: Construction, Rental, Energy, and Trading and Manufacturing. It is involved in construction activities, including thermal power plants and industrial construction projects that produce nat… Read more