ERSU Meyve ve Gida Sanayi AS (ERSU) - Net Assets

Latest as of September 2025: TL412.66 Million TRY ≈ $9.24 Million USD

Based on the latest financial reports, ERSU Meyve ve Gida Sanayi AS (ERSU) has net assets worth TL412.66 Million TRY (≈ $9.24 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 (TL508.61 Million ≈ $11.39 Million USD) and total liabilities (TL95.95 Million ≈ $2.15 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 ERSU asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore total assets of ERSU Meyve ve Gida Sanayi AS for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market value of ERSU Meyve ve Gida Sanayi AS.

Year	Net Assets	Change
2024-12-31	TL419.50 Million ≈ $9.40 Million	+42.45%
2023-12-31	TL294.49 Million ≈ $6.60 Million	+335.19%
2022-12-31	TL67.67 Million ≈ $1.52 Million	-1.21%
2021-12-31	TL68.50 Million ≈ $1.53 Million	+64.05%
2020-12-31	TL41.76 Million ≈ $935.21K	+2.15%
2019-12-31	TL40.88 Million ≈ $915.52K	+10.20%
2018-12-31	TL37.09 Million ≈ $830.76K	-15.08%
2017-12-31	TL43.68 Million ≈ $978.34K	-1.06%
2016-12-31	TL44.15 Million ≈ $988.81K	-3.74%
2015-12-31	TL45.86 Million ≈ $1.03 Million	+58.74%
2014-12-31	TL28.89 Million ≈ $647.11K	-2.14%
2013-12-31	TL29.52 Million ≈ $661.26K	-35.68%
2012-12-31	TL45.90 Million ≈ $1.03 Million	+168.59%
2011-12-31	TL17.09 Million ≈ $382.75K	-15.12%
2010-12-31	TL20.13 Million ≈ $450.95K	+2.08%
2009-12-31	TL19.72 Million ≈ $441.77K	-4.66%
2008-12-31	TL20.69 Million ≈ $463.34K	-0.79%
2007-12-31	TL20.85 Million ≈ $467.03K	+0.70%
2006-12-31	TL20.71 Million ≈ $463.81K	-11.02%
2005-12-31	TL23.27 Million ≈ $521.23K	--

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
Nortech Systems Incorporated NASDAQ:NSYS	$20.26 Million
Spackman Equit V:SQG	$20.26 Million
SHINWON CONSTRUCTION COMPANY Ltd KQ:017000	$20.26 Million
Vaswani Industries Limited NSE:VASWANI	$20.27 Million
Aarvi Encon Limited NSE:AARVI	$20.24 Million
Maral Overseas Limited NSE:MARALOVER	$20.24 Million
Vow Green Metals AS OL:VGM	$20.23 Million
aap Implantate AG F:AAQ1	$20.23 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: 2.15x
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 20.69x to 2.15x 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	TL25.10	x
2018-12-31	TL1.03	TL25.10	x
2019-12-31	TL1.14	TL25.10	x
2020-12-31	TL1.16	TL25.10	x
2021-12-31	TL1.90	TL25.10	x
2022-12-31	TL1.88	TL25.10	x
2023-12-31	TL8.18	TL25.10	x
2024-12-31	TL11.65	TL25.10	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: $925,827,300
Average return on equity (ROE) among peers: 4.84%

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	$20.24 Million
Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP)	$1.56 Billion	59.44%	0.90x	$161.93 Million
AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD)	$1.06 Billion	2.31%	0.64x	$30.48 Million
Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT)	$218.87 Million	-45.54%	3.80x	$347.24 Million
Dardanel Onentas Gida Sanayi AS (DARDL)	$-280.59 Million	0.00%	0.00x	$119.19 Million
Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN)	$2.68 Billion	-8.28%	0.79x	$81.57 Million
Fade Gida Yatirim Sanayi Ticaret As (FADE)	$158.54 Million	21.77%	0.53x	$28.94 Million
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO)	$20.53 Million	18.08%	2.43x	$58.57 Million
Goknur Gida Maddeleri Enerji Imalati Ithalat Ihracat Ticaret ve Sanayi A.S. (GOKNR)	$2.94 Billion	-4.22%	1.71x	$171.99 Million
Kerevitas Gida Sanayi ve Ticaret AS (KERVT)	$-21.31 Million	0.00%	0.00x	$212.77 Million

About ERSU Meyve ve Gida Sanayi AS

IS:ERSU Turkey Packaged Foods

Market Cap

$20.24 Million

TL903.60 Million TRY

Market Cap Rank

#24977 Global

#449 in Turkey

Share Price

TL25.10

Change (1 day)

-0.63%

52-Week Range

TL14.49 - TL29.80

All Time High

TL51.90