Investco Holding AS (INVES) - Net Assets
Based on the latest financial reports, Investco Holding AS (INVES) has net assets worth TL26.96 Billion TRY (≈ $603.88 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL30.81 Billion ≈ $689.98 Million USD) and total liabilities (TL3.84 Billion ≈ $86.10 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 Investco Holding AS tangible book value ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL26.96 Billion |
| % of Total Assets | 87.52% |
| Annual Growth Rate | 89.88% |
| 5-Year Change | 856.71% |
| 10-Year Change | N/A |
| Growth Volatility | 86.9 |
Investco Holding AS - Net Assets Trend (2019–2025)
This chart illustrates how Investco Holding AS's net assets have evolved over time, based on quarterly financial data. See Investco Holding AS defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Investco Holding AS (2019–2025)
The table below shows the annual net assets of Investco Holding AS from 2019 to 2025. For live valuation and market cap data, see INVES company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL23.52 Billion ≈ $526.72 Million |
-8.81% |
| 2024-12-31 | TL25.79 Billion ≈ $577.62 Million |
+39.55% |
| 2023-12-31 | TL18.48 Billion ≈ $413.91 Million |
+137.40% |
| 2022-12-31 | TL7.78 Billion ≈ $174.35 Million |
+216.68% |
| 2021-12-31 | TL2.46 Billion ≈ $55.06 Million |
+215.48% |
| 2020-12-31 | TL779.17 Million ≈ $17.45 Million |
+55.41% |
| 2019-12-31 | TL501.37 Million ≈ $11.23 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Investco Holding 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 7472.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL18.63 Billion | 79.21% |
| Other Components | TL4.89 Billion | 20.79% |
| Total Equity | TL23.52 Billion | 100.00% |
Investco Holding AS Competitors by Market Cap
The table below lists competitors of Investco Holding AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Henan Yuguang Gold & Lead Co Ltd
SHG:600531
|
$3.01 Billion |
|
Virbac SA
PA:VIRP
|
$3.01 Billion |
|
AIR CHINA LTD H ADR/20
F:AD2B
|
$3.01 Billion |
|
Guangdong Jia Yuan Technology Co Ltd
SHG:688388
|
$3.01 Billion |
|
Shufersal
TA:SAE
|
$3.01 Billion |
|
Integer Holdings Corp
NYSE:ITGR
|
$3.01 Billion |
|
Ningbo Sanxing Medical Electric Co Ltd
SHG:601567
|
$3.01 Billion |
|
Jubilant Foodworks Limited
NSE:JUBLFOOD
|
$3.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Investco Holding AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 25,789,624,099 to 23,516,939,537, a change of -2,272,684,562 (-8.8%).
- Net loss of 2,091,889,499 reduced equity.
- Share repurchases of 173,729,245 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-2.09 Billion | -8.9% |
| Share Repurchases | TL173.73 Million | -0.74% |
| Other Changes | TL-7.07 Million | -0.03% |
| Total Change | TL- | -8.81% |
Book Value vs Market Value Analysis
This analysis compares Investco Holding 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: 5.72x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 431.18x to 5.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | TL1.66 | TL717.00 | x |
| 2020-12-31 | TL2.68 | TL717.00 | x |
| 2021-12-31 | TL13.11 | TL717.00 | x |
| 2022-12-31 | TL41.52 | TL717.00 | x |
| 2023-12-31 | TL98.56 | TL717.00 | x |
| 2024-12-31 | TL137.54 | TL717.00 | x |
| 2025-12-31 | TL125.42 | TL717.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Investco Holding 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): -8.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3922.63%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.13x
- Recent ROE (-8.90%) is below the historical average (24.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 17.52% | 66.22% | 0.14x | 1.91x | TL23.45 Million |
| 2020 | 29.16% | 266.23% | 0.06x | 1.94x | TL96.16 Million |
| 2021 | 68.30% | 537.19% | 0.12x | 1.06x | TL1.43 Billion |
| 2022 | 56.19% | 94.93% | 0.56x | 1.07x | TL3.60 Billion |
| 2023 | 0.36% | 43.36% | 0.01x | 1.04x | TL-1.78 Billion |
| 2024 | 7.42% | 45.81% | 0.15x | 1.11x | TL-665.32 Million |
| 2025 | -8.90% | -3922.63% | 0.00x | 1.13x | TL-4.44 Billion |
Industry Comparison
This section compares Investco Holding AS's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $74,935,952
- Average return on equity (ROE) among peers: 5.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Investco Holding AS (INVES) | TL26.96 Billion | 17.52% | 0.14x | $3.01 Billion |
| Avrupa Yatirim Holding AS (AVHOL) | $13.01 Million | 0.00% | 1.18x | $34.71 Million |
| Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR) | $92.56 Million | 8.08% | 0.13x | $17.65 Million |
| Cosmos Yatirim Holding AS (COSMO) | $48.40 Million | -9.27% | 2.48x | $21.32 Million |
| Dagi Yatirim Holding AS (DAGHL) | $14.31 Million | -10.45% | 0.14x | $268.77 Million |
| Denge Yatirim Holding AS (DENGE) | $4.86 Million | 0.00% | 0.40x | $33.54 Million |
| Euro Trend Yatirim Ortakligi AS (ETYAT) | $24.68 Million | 2.46% | 0.01x | $5.82 Million |
| Euro Kapital Yatirim Ortakligi AS (EUKYO) | $33.45 Million | 25.54% | 0.01x | $15.17 Million |
| Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO) | $40.36 Million | 8.64% | 0.00x | $7.81 Million |
| Gelecek Varlik Yonetimi AS (GLCVY) | $460.12 Million | 22.08% | 1.61x | $185.08 Million |
| Guler Yatirim Holding AS (GLRYH) | $17.61 Million | 7.32% | 0.09x | $43.14 Million |
About Investco Holding AS
Investco Holding A.S. operates as an investment company in Europe, the Middle East, Asia, Africa, North and South America, and Turkey. The company invests in companies operating in renewable energy, mining, chemistry, iron-steel, technology and software, venture capital, food, and healthcare industries. The company was incorporated in 2011 and is based in Istanbul, Turkey.