Egeplast Ege Plastik Ticaret ve Sanayi AS (EPLAS) - Net Assets

Latest as of June 2024: TL2.33 Billion TRY ≈ $52.26 Million USD

Based on the latest financial reports, Egeplast Ege Plastik Ticaret ve Sanayi AS (EPLAS) has net assets worth TL2.33 Billion TRY (≈ $52.26 Million USD) as of June 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL3.26 Billion ≈ $72.91 Million USD) and total liabilities (TL921.98 Million ≈ $20.65 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 tangible equity quality of Egeplast Ege Plastik Ticaret ve Sanayi A to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL2.33 Billion
% of Total Assets	71.68%
Annual Growth Rate	42.73%
5-Year Change	3023.81%
10-Year Change	18631.14%
Growth Volatility	525.48

Egeplast Ege Plastik Ticaret ve Sanayi AS - Net Assets Trend (2005–2023)

This chart illustrates how Egeplast Ege Plastik Ticaret ve Sanayi AS's net assets have evolved over time, based on quarterly financial data. See Egeplast Ege Plastik Ticaret ve Sanayi A defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Egeplast Ege Plastik Ticaret ve Sanayi AS (2005–2023)

The table below shows the annual net assets of Egeplast Ege Plastik Ticaret ve Sanayi AS from 2005 to 2023. For live valuation and market cap data, see EPLAS market cap.

Year	Net Assets	Change
2023-12-31	TL2.00 Billion ≈ $44.90 Million	+102.84%
2022-12-31	TL988.26 Million ≈ $22.13 Million	+850.04%
2021-12-31	TL104.02 Million ≈ $2.33 Million	-28.68%
2020-12-31	TL145.86 Million ≈ $3.27 Million	+127.30%
2019-12-31	TL64.17 Million ≈ $1.44 Million	+11.85%
2018-12-31	TL57.37 Million ≈ $1.28 Million	+429.51%
2017-12-31	TL10.83 Million ≈ $242.67K	+184.42%
2016-12-31	TL-12.83 Million ≈ $-287.45K	+46.48%
2015-12-31	TL-23.98 Million ≈ $-537.13K	-324.09%
2014-12-31	TL10.70 Million ≈ $239.69K	+1379.37%
2013-12-31	TL723.40K ≈ $16.20K	+102.18%
2012-12-31	TL-33.21 Million ≈ $-743.84K	-7.62%
2011-12-31	TL-30.86 Million ≈ $-691.16K	-44.70%
2010-12-31	TL-21.33 Million ≈ $-477.64K	-2.66%
2009-12-31	TL-20.77 Million ≈ $-465.27K	+27.04%
2008-12-31	TL-28.47 Million ≈ $-637.72K	-284.62%
2007-12-31	TL-7.40 Million ≈ $-165.81K	-4.80%
2006-12-31	TL-7.06 Million ≈ $-158.22K	-312.84%
2005-12-31	TL3.32 Million ≈ $74.34K	--

Equity Component Analysis

This analysis shows how different components contribute to Egeplast Ege Plastik Ticaret 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 decreased by 37320755500.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2023)

Component	Amount	Percentage
Common Stock	TL190.62 Million	9.67%
Other Comprehensive Income	TL1.02 Billion	51.58%
Other Components	TL1.14 Billion	57.68%
Total Equity	TL1.97 Billion	100.00%

Egeplast Ege Plastik Ticaret ve Sanayi AS Competitors by Market Cap

The table below lists competitors of Egeplast Ege Plastik Ticaret ve Sanayi AS ranked by their market capitalization.

Company	Market Cap
Cogra 48 Société Anonyme PA:ALCOG	$24.73 Million
Reservoir Link Energy Bhd KLSE:0219	$24.74 Million
Axteria Group Bhd KLSE:7120	$24.74 Million
Samkee Automotive Co. Ltd KQ:122350	$24.75 Million
Hizeaero Co. Ltd KQ:221840	$24.71 Million
Aquarius Engines AM Ltd TA:AQUA	$24.70 Million
TBH Global Co Ltd KO:084870	$24.69 Million
GRITEE Inc KQ:204020	$24.67 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Egeplast Ege Plastik Ticaret ve Sanayi AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2022 to 2023, total equity changed from 971,892,656 to 1,971,237,733, a change of 999,345,077 (102.8%).
Net income of 72,097,039 contributed positively to equity growth.
Other comprehensive income increased equity by 408,254,889.
Other factors increased equity by 518,993,149.

Equity Change Factors (2022 to 2023)

Factor	Impact	Contribution
Net Income	TL72.10 Million	+3.66%
Other Comprehensive Income	TL408.25 Million	+20.71%
Other Changes	TL518.99 Million	+26.33%
Total Change	TL-	102.82%

Book Value vs Market Value Analysis

This analysis compares Egeplast Ege Plastik Ticaret 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: 0.56x
The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	TL-1.37	TL5.79	x
2009-12-31	TL-0.95	TL5.79	x
2010-12-31	TL-0.96	TL5.79	x
2011-12-31	TL-1.41	TL5.79	x
2012-12-31	TL-1.49	TL5.79	x
2013-12-31	TL-0.21	TL5.79	x
2014-12-31	TL-0.20	TL5.79	x
2015-12-31	TL-0.19	TL5.79	x
2016-12-31	TL-0.10	TL5.79	x
2017-12-31	TL0.08	TL5.79	x
2018-12-31	TL0.46	TL5.79	x
2019-12-31	TL0.51	TL5.79	x
2020-12-31	TL1.03	TL5.79	x
2021-12-31	TL0.72	TL5.79	x
2022-12-31	TL5.56	TL5.79	x
2023-12-31	TL10.34	TL5.79	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Egeplast Ege Plastik Ticaret 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): 3.66%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 4.85%
• Asset Turnover: 0.56x
• Equity Multiplier: 1.34x
Recent ROE (3.66%) is below the historical average (18.81%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	0.00%	-19.54%	1.19x	0.00x	TL-16.49 Million
2009	0.00%	10.66%	0.94x	0.00x	TL10.32 Million
2010	0.00%	-0.27%	1.28x	0.00x	TL1.64 Million
2011	0.00%	-8.86%	1.13x	0.00x	TL-6.18 Million
2012	0.00%	-1.33%	1.30x	0.00x	TL1.42 Million
2013	0.00%	2.54%	1.48x	0.00x	TL6.59 Million
2014	0.00%	1.31%	1.56x	0.00x	TL4.52 Million
2015	0.00%	3.13%	1.50x	0.00x	TL6.76 Million
2016	0.00%	6.62%	1.42x	0.00x	TL12.64 Million
2017	229.74%	10.71%	1.46x	14.72x	TL22.33 Million
2018	80.71%	20.94%	1.37x	2.81x	TL39.87 Million
2019	4.34%	1.41%	1.19x	2.58x	TL-3.59 Million
2020	21.24%	11.16%	0.96x	1.97x	TL15.85 Million
2021	-42.60%	-9.69%	0.99x	4.44x	TL-51.55 Million
2022	3.93%	4.94%	0.53x	1.49x	TL-58.99 Million
2023	3.66%	4.85%	0.56x	1.34x	TL-125.03 Million

Industry Comparison

This section compares Egeplast Ege Plastik Ticaret ve Sanayi AS's net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $2,753,278,218
Average return on equity (ROE) among peers: 13.23%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Egeplast Ege Plastik Ticaret ve Sanayi AS (EPLAS)	TL2.33 Billion	0.00%	0.40x	$24.72 Million
Bien Yapi Urunleri Sanayi Turizm ve Ticaret A.S. (BIENY)	$13.28 Billion	1.26%	0.47x	$189.69 Million
Cuhadaroglu Metal Sanayi ve Pazarlama AS (CUSAN)	$122.11 Million	16.62%	0.45x	$38.78 Million
Dogusan Boru Sanayi ve Ticaret AS (DOGUB)	$10.07 Million	0.00%	0.24x	$75.60 Million
Ege Profil Ticaret ve Sanayi AS (EGPRO)	$425.59 Million	8.69%	1.89x	$479.72 Million
Europen Endustri Insaat Sanayi ve Ticaret A.S. (EUREN)	$7.26 Billion	14.72%	0.35x	$220.12 Million
Papilon Savunma Guvenlik Sistemleri (PAPIL)	$59.43 Million	42.30%	0.05x	$71.69 Million
Panelsan Cati Cephe Sistemleri Sanayi ve Ticaret AS (PNLSN)	$57.81 Million	24.61%	4.16x	$77.10 Million
Qua Granite Hayal Yapi ve Urunleri Sanayi Ticaret AS (QUAGR)	$158.34 Million	12.55%	2.27x	$237.11 Million
Usak Seramik Sanayi AS (USAK)	$3.40 Billion	-1.71%	1.13x	$57.76 Million

About Egeplast Ege Plastik Ticaret ve Sanayi AS

IS:EPLAS Turkey Building Products & Equipment

Market Cap

$24.72 Million

TL1.10 Billion TRY

Market Cap Rank

#24421 Global

#431 in Turkey

Share Price

TL5.79

Change (1 day)

-1.03%

52-Week Range

TL4.77 - TL7.63

All Time High

TL11.00