ERSU Meyve ve Gida Sanayi AS
Ersu Meyve ve Gida Sanayii A.S. manufactures and sells concentrates and pulp juices from fruits in Turkey. The company offers concentrate products; puree concentrate; puree/pulp; NFC fruits juice; tomato paste; organic products; fruit juices; fruit nectars; fruit juice drinks; and flavored drinks. It also exports its products. The company serves retail sales points, as well as military facilities… Read more
ERSU Meyve ve Gida Sanayi AS (ERSU) - Net Assets
Latest net assets as of September 2025: TL412.66 Million TRY
Based on the latest financial reports, ERSU Meyve ve Gida Sanayi AS (ERSU) has net assets worth TL412.66 Million TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL508.61 Million) and total liabilities (TL95.95 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL412.66 Million |
| % of Total Assets | 81.14% |
| Annual Growth Rate | 16.44% |
| 5-Year Change | 904.67% |
| 10-Year Change | 814.7% |
| Growth Volatility | 83.85 |
ERSU Meyve ve Gida Sanayi AS - Net Assets Trend (2005–2024)
This chart illustrates how ERSU Meyve ve Gida Sanayi AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ERSU Meyve ve Gida Sanayi AS (2005–2024)
The table below shows the annual net assets of ERSU Meyve ve Gida Sanayi AS from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL419.50 Million | +42.45% |
| 2023-12-31 | TL294.49 Million | +335.19% |
| 2022-12-31 | TL67.67 Million | -1.21% |
| 2021-12-31 | TL68.50 Million | +64.05% |
| 2020-12-31 | TL41.76 Million | +2.15% |
| 2019-12-31 | TL40.88 Million | +10.20% |
| 2018-12-31 | TL37.09 Million | -15.08% |
| 2017-12-31 | TL43.68 Million | -1.06% |
| 2016-12-31 | TL44.15 Million | -3.74% |
| 2015-12-31 | TL45.86 Million | +58.74% |
| 2014-12-31 | TL28.89 Million | -2.14% |
| 2013-12-31 | TL29.52 Million | -35.68% |
| 2012-12-31 | TL45.90 Million | +168.59% |
| 2011-12-31 | TL17.09 Million | -15.12% |
| 2010-12-31 | TL20.13 Million | +2.08% |
| 2009-12-31 | TL19.72 Million | -4.66% |
| 2008-12-31 | TL20.69 Million | -0.79% |
| 2007-12-31 | TL20.85 Million | +0.70% |
| 2006-12-31 | TL20.71 Million | -11.02% |
| 2005-12-31 | TL23.27 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to ERSU Meyve ve Gida 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 42706981300.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL846.57 Million | 201.80% |
| Total Equity | TL419.50 Million | 100.00% |
ERSU Meyve ve Gida Sanayi AS Competitors by Market Cap
The table below lists competitors of ERSU Meyve ve Gida Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlas Pearls Ltd
OTCMKTS:APCFF
|
$15.35 Million |
|
Wilton Makmur Indonesia Tbk
JK:SQMI
|
$15.35 Million |
|
Multi Spunindo Jaya Tbk.
JK:MSJA
|
$15.36 Million |
|
Exicure Inc
NASDAQ:XCUR
|
$15.36 Million |
|
UAC Global Public Company Limited
BK:UAC
|
$15.35 Million |
|
Samwha Elec
KO:011230
|
$15.35 Million |
|
Kencana Agri Limited
F:KEBA
|
$15.35 Million |
|
Seoam Machinery Industry Co.Ltd
KQ:100660
|
$15.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ERSU Meyve ve Gida Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 294,490,537 to 419,503,017, a change of 125,012,480 (42.5%).
- Net loss of 6,112,056 reduced equity.
- Other factors increased equity by 131,124,536.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-6.11 Million | -1.46% |
| Other Changes | TL131.12 Million | +31.26% |
| Total Change | TL- | 42.45% |
Book Value vs Market Value Analysis
This analysis compares ERSU Meyve ve Gida 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: 1.99x
- 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 19.15x to 1.99x 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 | TL1.21 | TL23.24 | x |
| 2018-12-31 | TL1.03 | TL23.24 | x |
| 2019-12-31 | TL1.14 | TL23.24 | x |
| 2020-12-31 | TL1.16 | TL23.24 | x |
| 2021-12-31 | TL1.90 | TL23.24 | x |
| 2022-12-31 | TL1.88 | TL23.24 | x |
| 2023-12-31 | TL8.18 | TL23.24 | x |
| 2024-12-31 | TL11.65 | TL23.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ERSU Meyve ve Gida 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): -1.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.08%
- • Asset Turnover: 0.26x
- • Equity Multiplier: 1.12x
- Recent ROE (-1.46%) is below the historical average (0.50%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 2.04% | 1.34% | 1.30x | 1.17x | TL-1.60 Million |
| 2014 | -3.63% | -4.81% | 0.56x | 1.36x | TL-3.94 Million |
| 2015 | -2.25% | -5.89% | 0.28x | 1.35x | TL-5.62 Million |
| 2016 | 0.14% | 0.69% | 0.17x | 1.19x | TL-4.35 Million |
| 2017 | 3.09% | 13.41% | 0.18x | 1.26x | TL-3.02 Million |
| 2018 | 0.13% | 0.35% | 0.27x | 1.38x | TL-3.66 Million |
| 2019 | 6.97% | 28.28% | 0.17x | 1.43x | TL-1.24 Million |
| 2020 | 4.68% | 10.36% | 0.33x | 1.36x | TL-2.22 Million |
| 2021 | 0.81% | 2.22% | 0.27x | 1.34x | TL-6.30 Million |
| 2022 | -0.78% | -0.78% | 0.65x | 1.54x | TL-7.30 Million |
| 2023 | -3.76% | -9.47% | 0.31x | 1.29x | TL-40.52 Million |
| 2024 | -1.46% | -5.08% | 0.26x | 1.12x | TL-48.06 Million |
Industry Comparison
This section compares ERSU Meyve ve Gida Sanayi AS's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,765,649,566
- Average return on equity (ROE) among peers: 13.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ERSU Meyve ve Gida Sanayi AS (ERSU) | TL412.66 Million | 2.04% | 0.23x | $15.35 Million |
| Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) | $3.07 Billion | 9.64% | 0.33x | $11.81 Million |
| AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD) | $489.33 Million | 23.15% | 0.48x | $32.74 Million |
| Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT) | $6.35 Billion | 21.63% | 1.48x | $36.03 Million |
| Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi (BESLR) | $12.47 Billion | 12.12% | 1.23x | $61.42 Million |
| Dardanel Onentas Gida Sanayi AS (DARDL) | $-202.44 Million | 0.00% | 0.00x | $42.55 Million |
| Dmr Unlu Mamuller Uretim Gida Toptan Perakende Ihracat A.S. (DMRGD) | $497.09 Million | -5.37% | 1.70x | $82.71 Million |
| DURUKAN SEKERLEME (DURKN) | $1.72 Billion | 5.87% | 0.56x | $6.37 Million |
| Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN) | $73.02 Million | 15.87% | 9.10x | $8.54 Million |
| Fade Gida Yatirim Sanayi Ticaret As (FADE) | $423.38 Million | 41.75% | 0.35x | $13.74 Million |