Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS

IS:FRIGO Turkey Packaged Foods
Market Cap
$74.13 Million
TL2.63 Billion TRY
Market Cap Rank
#23456 Global
#331 in Turkey
Share Price
TL9.49
Change (1 day)
+4.98%
52-Week Range
TL6.02 - TL16.11
All Time High
TL16.11
Categories
Companies in Turkey Packaged Foods
About

Frigo-Pak Gida Maddeleri Sanayi ve Ticaret A.S. produces and sells frozen and canned fruit, vegetable juice, fruit juice, fruit and vegetable purees, and tomato pastes in Turkey. It offers mandarin, red grapefruit, apple, orange, cherry, mango, tomato, pineapple, pomegranate, and black grape juices under the Sunpride brand, as well as carbonated beverages, such as soft drinks, colas, and sodas. T… Read more

Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO) - Net Assets

Latest net assets as of September 2025: TL1.12 Billion TRY

Based on the latest financial reports, Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO) has net assets worth TL1.12 Billion TRY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.96 Billion) and total liabilities (TL839.63 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 TL1.12 Billion
% of Total Assets 57.13%
Annual Growth Rate 32.52%
5-Year Change 2457.18%
10-Year Change 9779.73%
Growth Volatility 98.13

Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS - Net Assets Trend (2007–2023)

This chart illustrates how Frigo-Pak Gida Maddeleri Sanayi ve Ticaret 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 Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (2007–2023)

The table below shows the annual net assets of Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS from 2007 to 2023.

Year Net Assets Change
2023-12-31 TL805.49 Million +166.18%
2022-12-31 TL302.61 Million +32.34%
2021-12-31 TL228.66 Million +318.72%
2020-12-31 TL54.61 Million +73.37%
2019-12-31 TL31.50 Million +53.46%
2018-12-31 TL20.53 Million +68.08%
2017-12-31 TL12.21 Million +61.19%
2016-12-31 TL7.58 Million -1.70%
2015-12-31 TL7.71 Million -5.47%
2014-12-31 TL8.15 Million +0.63%
2013-12-31 TL8.10 Million -38.93%
2012-12-31 TL13.27 Million +6.98%
2011-12-31 TL12.40 Million +230.78%
2010-12-31 TL3.75 Million -26.40%
2009-12-31 TL5.09 Million +12.95%
2008-12-31 TL4.51 Million -49.34%
2007-12-31 TL8.90 Million --

Equity Component Analysis

This analysis shows how different components contribute to Frigo-Pak Gida Maddeleri 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 19845994800.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2023)

Component Amount Percentage
Retained Earnings TL198.46 Million 24.64%
Other Components TL607.03 Million 75.36%
Total Equity TL805.49 Million 100.00%

Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS Competitors by Market Cap

The table below lists competitors of Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS ranked by their market capitalization.

Company Market Cap
GSE Co. Ltd
KQ:053050
 		$31.10 Million
ANDHRA PAPER LIMITED
NSE:ANDHRAPAP
 		$31.10 Million
SUNDRAGON S.A. ZY-1
F:6EI
 		$31.10 Million
Ambipar Participações e Empreendimentos S.A
SA:AMBP3
 		$31.12 Million
TUNGSTEN WEST PLC LS -01
F:540
 		$31.08 Million
Nanophase Technol
OTCQB:NANX
 		$31.08 Million
Casing Macron Technology Co Ltd
TWO:3325
 		$31.07 Million
OnMobile Global Limited
NSE:ONMOBILE
 		$31.07 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2022 to 2023, total equity changed from 302,614,051 to 805,494,237, a change of 502,880,186 (166.2%).
  • Net loss of 75,996,706 reduced equity.
  • Other factors increased equity by 578,876,892.

Equity Change Factors (2022 to 2023)

Factor Impact Contribution
Net Income TL-76.00 Million -9.43%
Other Changes TL578.88 Million +71.87%
Total Change TL- 166.18%

Book Value vs Market Value Analysis

This analysis compares Frigo-Pak Gida Maddeleri 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: 2.71x
  • 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 33.97x to 2.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2020-12-31 TL0.28 TL9.49 x
2021-12-31 TL1.87 TL9.49 x
2022-12-31 TL2.47 TL9.49 x
2023-12-31 TL3.50 TL9.49 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Frigo-Pak Gida Maddeleri 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): -9.43%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -6.97%
  • • Asset Turnover: 0.78x
  • • Equity Multiplier: 1.74x
  • Recent ROE (-9.43%) is below the historical average (3.26%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 -14.32% -4.60% 0.78x 4.00x TL-1.98 Million
2015 -47.25% -12.03% 0.77x 5.08x TL-4.41 Million
2016 -18.60% -4.46% 0.88x 4.72x TL-2.17 Million
2017 7.11% 2.45% 0.82x 3.53x TL-353.39K
2018 18.08% 6.53% 0.81x 3.43x TL1.66 Million
2019 36.29% 14.08% 0.92x 2.81x TL8.28 Million
2020 32.77% 16.69% 0.69x 2.84x TL12.44 Million
2021 3.14% 4.47% 0.39x 1.81x TL-15.69 Million
2022 24.78% 18.09% 0.75x 1.82x TL44.71 Million
2023 -9.43% -6.97% 0.78x 1.74x TL-156.55 Million

Industry Comparison

This section compares Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $2,493,499,442
  • Average return on equity (ROE) among peers: 12.48%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO) TL1.12 Billion -14.32% 0.75x $31.10 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
ERSU Meyve ve Gida Sanayi AS (ERSU) $44.15 Million 0.14% 0.19x $15.35 Million
Fade Gida Yatirim Sanayi Ticaret As (FADE) $423.38 Million 41.75% 0.35x $13.74 Million