Iskenderun Demir ve Celik AS

IS:ISDMR Turkey Steel
Market Cap
$3.50 Billion
TL124.06 Billion TRY
Market Cap Rank
#15597 Global
#106 in Turkey
Share Price
TL42.78
Change (1 day)
+1.71%
52-Week Range
TL33.38 - TL46.98
All Time High
TL51.17
Categories
Companies in Turkey Steel
About

Iskenderun Demir ve Çelik A.S. produces and sells flat steel products in Turkey and internationally. The company offers hot-rolled flat steel products, including rolled or steel sheets, plate steels, deep drawable steels, wheel and chassis steels, general structural steels, hot rolled pipe steels, pressure vessels and hot rolled steels for pressure purposes, hot rolled steel for welded gas cylind… Read more

Iskenderun Demir ve Celik AS (ISDMR) - Net Assets

Latest net assets as of June 2025: TL133.62 Billion TRY

Based on the latest financial reports, Iskenderun Demir ve Celik AS (ISDMR) has net assets worth TL133.62 Billion TRY as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL212.69 Billion) and total liabilities (TL79.07 Billion). 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 TL133.62 Billion
% of Total Assets 62.82%
Annual Growth Rate 35.41%
5-Year Change 430.45%
10-Year Change 1667.92%
Growth Volatility 23.34

Iskenderun Demir ve Celik AS - Net Assets Trend (2011–2024)

This chart illustrates how Iskenderun Demir ve Celik 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 Iskenderun Demir ve Celik AS (2011–2024)

The table below shows the annual net assets of Iskenderun Demir ve Celik AS from 2011 to 2024.

Year Net Assets Change
2024-12-31 TL116.60 Billion +35.57%
2023-12-31 TL86.00 Billion +66.03%
2022-12-31 TL51.80 Billion +32.29%
2021-12-31 TL39.16 Billion +78.14%
2020-12-31 TL21.98 Billion +35.75%
2019-12-31 TL16.19 Billion +2.95%
2018-12-31 TL15.73 Billion +57.77%
2017-12-31 TL9.97 Billion +17.48%
2016-12-31 TL8.49 Billion +28.66%
2015-12-31 TL6.60 Billion +19.07%
2014-12-31 TL5.54 Billion +33.59%
2013-12-31 TL4.15 Billion +71.94%
2012-12-31 TL2.41 Billion +6.51%
2011-12-31 TL2.26 Billion --

Equity Component Analysis

This analysis shows how different components contribute to Iskenderun Demir ve Celik 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 4911546000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL49.12 Billion 42.12%
Other Components TL67.48 Billion 57.88%
Total Equity TL116.60 Billion 100.00%

Iskenderun Demir ve Celik AS Competitors by Market Cap

The table below lists competitors of Iskenderun Demir ve Celik AS ranked by their market capitalization.

Company Market Cap
Lippo Karawaci Tbk
JK:LPKR
 		$179.43 Million
Duratec Ltd
AU:DUR
 		$179.46 Million
Luoyang Glass Company Limited
PINK:LUOYF
 		$179.50 Million
Xinjiang Youhao Group Co Ltd
SHG:600778
 		$179.59 Million
Treatt plc
PINK:TTTRF
 		$179.36 Million
Fourlis Holdings S.A.
AT:FOYRK
 		$179.32 Million
FOURLIS HLDGS NAM.EO 1
F:2FH
 		$179.31 Million
Talgo S.A.
LSE:0R99
 		$179.27 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Iskenderun Demir ve Celik AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 86,002,718,000 to 116,596,573,000, a change of 30,593,855,000 (35.6%).
  • Net income of 14,254,008,000 contributed positively to equity growth.
  • Dividend payments of 1,449,719,000 reduced retained earnings.
  • Other factors increased equity by 17,789,566,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL14.25 Billion +12.23%
Dividends Paid TL1.45 Billion -1.24%
Other Changes TL17.79 Billion +15.26%
Total Change TL- 35.57%

Book Value vs Market Value Analysis

This analysis compares Iskenderun Demir ve Celik 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: 1.06x
  • 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 12.45x to 1.06x 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 TL3.44 TL42.78 x
2018-12-31 TL5.42 TL42.78 x
2019-12-31 TL5.58 TL42.78 x
2020-12-31 TL7.58 TL42.78 x
2021-12-31 TL13.50 TL42.78 x
2022-12-31 TL17.86 TL42.78 x
2023-12-31 TL29.66 TL42.78 x
2024-12-31 TL40.21 TL42.78 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Iskenderun Demir ve Celik 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): 12.23%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 12.91%
  • • Asset Turnover: 0.62x
  • • Equity Multiplier: 1.52x
  • Recent ROE (12.23%) is below the historical average (14.48%), 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 18.00% 15.90% 0.79x 1.43x TL443.12 Million
2015 8.72% 9.72% 0.67x 1.34x TL-84.27 Million
2016 11.11% 14.57% 0.54x 1.41x TL94.31 Million
2017 23.90% 22.45% 0.77x 1.39x TL1.39 Billion
2018 26.12% 25.93% 0.76x 1.33x TL2.54 Billion
2019 13.31% 13.14% 0.76x 1.34x TL536.26 Million
2020 11.02% 14.34% 0.60x 1.29x TL225.27 Million
2021 16.52% 17.72% 0.65x 1.42x TL2.55 Billion
2022 12.98% 10.85% 0.83x 1.44x TL1.55 Billion
2023 5.35% 5.19% 0.65x 1.58x TL-4.00 Billion
2024 12.23% 12.91% 0.62x 1.52x TL2.59 Billion

Industry Comparison

This section compares Iskenderun Demir ve Celik AS's net assets metrics with peer companies in the Steel industry.

Industry Context

  • Industry: Steel
  • Average net assets among peers: $1,310,241,378
  • Average return on equity (ROE) among peers: 10.08%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Iskenderun Demir ve Celik AS (ISDMR) TL133.62 Billion 18.00% 0.59x $179.36 Million
Ayes Celik Hasir ve Cit Sanayi AS (AYES) $32.59 Million 8.66% 0.58x $74.02 Million
BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH) $60.73 Million 16.40% 0.90x $32.55 Million
Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) $189.99 Million 26.85% 2.18x $122.56 Million
Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) $2.89 Billion 2.29% 1.40x $341.36 Million
Borusan Yatirim ve Pazarlama AS (BRYAT) $122.34 Million 5.16% 0.00x $594.49 Million
Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) $157.26 Million 5.41% 0.14x $62.64 Million
Dofer Yapi Malzemeleri Sanayi ve Ticaret A.S. (DOFER) $979.13 Million -8.12% 0.48x $16.81 Million
Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) $213.48 Million 39.45% 8.58x $203.74 Million
Erciyas Celik Boru Sanayi A.S. (ERCB) $3.55 Billion 0.80% 2.59x $1.66 Million
Eregli Demir ve Celik Fabrikalari TAS (EREGL) $4.91 Billion 3.94% 0.47x $2.86 Billion