Erbosan Erciyas Boru Sanayi Ve Ticaret AS (ERBOS) - Net Assets
Based on the latest financial reports, Erbosan Erciyas Boru Sanayi Ve Ticaret AS (ERBOS) has net assets worth TL2.62 Billion TRY (≈ $58.59 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL4.15 Billion ≈ $93.01 Million USD) and total liabilities (TL1.54 Billion ≈ $34.42 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 Erbosan Erciyas Boru Sanayi Ve Ticaret A (ERBOS) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL2.62 Billion |
| % of Total Assets | 63.0% |
| Annual Growth Rate | 27.42% |
| 5-Year Change | 442.0% |
| 10-Year Change | 1779.52% |
| Growth Volatility | 41.48 |
Erbosan Erciyas Boru Sanayi Ve Ticaret AS - Net Assets Trend (2005–2024)
This chart illustrates how Erbosan Erciyas Boru Sanayi Ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore Erbosan Erciyas Boru Sanayi Ve Ticaret A total assets for the complete picture of this company's asset base.
Annual Net Assets for Erbosan Erciyas Boru Sanayi Ve Ticaret AS (2005–2024)
The table below shows the annual net assets of Erbosan Erciyas Boru Sanayi Ve Ticaret AS from 2005 to 2024. For live valuation and market cap data, see market value of Erbosan Erciyas Boru Sanayi Ve Ticaret A.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.62 Billion ≈ $58.59 Million |
-9.82% |
| 2023-12-31 | TL2.90 Billion ≈ $64.97 Million |
+192.76% |
| 2022-12-31 | TL990.87 Million ≈ $22.19 Million |
+48.85% |
| 2021-12-31 | TL665.67 Million ≈ $14.91 Million |
+37.92% |
| 2020-12-31 | TL482.66 Million ≈ $10.81 Million |
+49.41% |
| 2019-12-31 | TL323.04 Million ≈ $7.24 Million |
+14.93% |
| 2018-12-31 | TL281.08 Million ≈ $6.30 Million |
+22.48% |
| 2017-12-31 | TL229.49 Million ≈ $5.14 Million |
+21.49% |
| 2016-12-31 | TL188.89 Million ≈ $4.23 Million |
+35.71% |
| 2015-12-31 | TL139.18 Million ≈ $3.12 Million |
+9.49% |
| 2014-12-31 | TL127.12 Million ≈ $2.85 Million |
+16.71% |
| 2013-12-31 | TL108.92 Million ≈ $2.44 Million |
+10.23% |
| 2012-12-31 | TL98.81 Million ≈ $2.21 Million |
+12.65% |
| 2011-12-31 | TL87.72 Million ≈ $1.96 Million |
+11.02% |
| 2010-12-31 | TL79.01 Million ≈ $1.77 Million |
+53.71% |
| 2009-12-31 | TL51.40 Million ≈ $1.15 Million |
+11.85% |
| 2008-12-31 | TL45.95 Million ≈ $1.03 Million |
+1.11% |
| 2007-12-31 | TL45.45 Million ≈ $1.02 Million |
+24.66% |
| 2006-12-31 | TL36.46 Million ≈ $816.57K |
+39.17% |
| 2005-12-31 | TL26.20 Million ≈ $586.75K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Erbosan Erciyas Boru Sanayi 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 grown by 166129576700.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.66 Billion | 63.51% |
| Other Components | TL954.70 Million | 36.49% |
| Total Equity | TL2.62 Billion | 100.00% |
Erbosan Erciyas Boru Sanayi Ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Erbosan Erciyas Boru Sanayi Ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Woongjin Thinkbig Co Ltd
KO:095720
|
$88.12 Million |
|
Kellton Tech Solutions Limited
NSE:KELLTONTEC
|
$88.13 Million |
|
Imaflex Inc
V:IFX
|
$88.17 Million |
|
ULMA Construccion Polska SA
WAR:ULM
|
$88.23 Million |
|
DY Corporation
KO:013570
|
$88.10 Million |
|
Eldeco Housing And Industries Limited
NSE:ELDEHSG
|
$88.09 Million |
|
Maan Aluminium Limited
NSE:MAANALU
|
$88.09 Million |
|
New Horizon Aircraft Ltd
NASDAQ:HOVR
|
$88.01 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Erbosan Erciyas Boru Sanayi Ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,900,844,411 to 2,616,000,670, a change of -284,843,741 (-9.8%).
- Net loss of 220,671,307 reduced equity.
- Dividend payments of 56,065,954 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-220.67 Million | -8.44% |
| Dividends Paid | TL56.07 Million | -2.14% |
| Other Changes | TL-8.11 Million | -0.31% |
| Total Change | TL- | -9.82% |
Book Value vs Market Value Analysis
This analysis compares Erbosan Erciyas Boru Sanayi 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: 1.50x
- 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 17.14x to 1.50x 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 | TL11.47 | TL196.70 | x |
| 2018-12-31 | TL14.05 | TL196.70 | x |
| 2019-12-31 | TL16.15 | TL196.70 | x |
| 2020-12-31 | TL24.13 | TL196.70 | x |
| 2021-12-31 | TL33.28 | TL196.70 | x |
| 2022-12-31 | TL49.54 | TL196.70 | x |
| 2023-12-31 | TL145.04 | TL196.70 | x |
| 2024-12-31 | TL130.80 | TL196.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Erbosan Erciyas Boru Sanayi 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): -8.44%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.89%
- • Asset Turnover: 1.09x
- • Equity Multiplier: 1.59x
- Recent ROE (-8.44%) is below the historical average (16.60%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 13.97% | 6.70% | 1.13x | 1.84x | TL3.49 Million |
| 2012 | 16.19% | 8.65% | 1.24x | 1.51x | TL6.12 Million |
| 2013 | 13.86% | 7.12% | 1.12x | 1.74x | TL4.21 Million |
| 2014 | 18.55% | 9.63% | 1.17x | 1.65x | TL10.87 Million |
| 2015 | 12.54% | 7.01% | 1.24x | 1.44x | TL3.54 Million |
| 2016 | 19.25% | 13.19% | 1.01x | 1.45x | TL17.47 Million |
| 2017 | 23.79% | 13.90% | 1.07x | 1.60x | TL31.65 Million |
| 2018 | 25.62% | 12.77% | 1.23x | 1.64x | TL43.89 Million |
| 2019 | 20.28% | 10.85% | 1.04x | 1.80x | TL33.22 Million |
| 2020 | 17.74% | 14.99% | 0.87x | 1.35x | TL37.38 Million |
| 2021 | 29.49% | 15.14% | 1.19x | 1.64x | TL129.76 Million |
| 2022 | 36.91% | 14.90% | 1.53x | 1.62x | TL266.61 Million |
| 2023 | -7.41% | -3.92% | 1.19x | 1.60x | TL-504.90 Million |
| 2024 | -8.44% | -4.89% | 1.09x | 1.59x | TL-482.27 Million |
Industry Comparison
This section compares Erbosan Erciyas Boru Sanayi Ve Ticaret AS's net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $1,181,213,872
- Average return on equity (ROE) among peers: 3.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Erbosan Erciyas Boru Sanayi Ve Ticaret AS (ERBOS) | TL2.62 Billion | 13.97% | 0.59x | $88.11 Million |
| Burcelik Vana Sanayi ve Ticaret AS (BURVA) | $4.17 Million | 0.00% | 0.89x | $213.12 Million |
| Celik Halat ve Tel Sanayi AS (CELHA) | $23.66 Million | 10.74% | 0.77x | $113.80 Million |
| Cemas Dokum Sanayi AS (CEMAS) | $3.64 Billion | -13.47% | 0.20x | $84.86 Million |
| Demisas Dokum Emaye Mamulleri Sanayi AS (DMSAS) | $70.50 Million | 0.00% | 0.83x | $40.72 Million |
| Tugcelik Aluminyum ve Metal (TUCLK) | $2.17 Billion | 20.61% | 1.25x | $33.70 Million |
About Erbosan Erciyas Boru Sanayi Ve Ticaret AS
Erbosan Erciyas Boru Sanayii ve Ticaret A.S. produces and trades in carbon steel tubes and pipes in Turkey. It offers welded steel black and galvanized water and gas pipes for use in greenhouse, building heating, mechanical installations, and plumbing and ventilation systems; gas and line pipes used in LPG installation, and boiler tubes for drilling lines, as well as natural gas, petroleum, and g… Read more