Iskenderun Demir ve Celik AS (ISDMR) - Net Assets

Latest as of June 2025: TL133.62 Billion TRY ≈ $2.99 Billion USD

Based on the latest financial reports, Iskenderun Demir ve Celik AS (ISDMR) has net assets worth TL133.62 Billion TRY (≈ $2.99 Billion USD) 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 ≈ $4.76 Billion USD) and total liabilities (TL79.07 Billion ≈ $1.77 Billion 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 ISDMR asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Iskenderun Demir ve Celik AS total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Iskenderun Demir ve Celik AS stock valuation.

Year	Net Assets	Change
2024-12-31	TL116.60 Billion ≈ $2.61 Billion	+35.57%
2023-12-31	TL86.00 Billion ≈ $1.93 Billion	+66.03%
2022-12-31	TL51.80 Billion ≈ $1.16 Billion	+32.29%
2021-12-31	TL39.16 Billion ≈ $877.02 Million	+78.14%
2020-12-31	TL21.98 Billion ≈ $492.31 Million	+35.75%
2019-12-31	TL16.19 Billion ≈ $362.65 Million	+2.95%
2018-12-31	TL15.73 Billion ≈ $352.26 Million	+57.77%
2017-12-31	TL9.97 Billion ≈ $223.28 Million	+17.48%
2016-12-31	TL8.49 Billion ≈ $190.05 Million	+28.66%
2015-12-31	TL6.60 Billion ≈ $147.71 Million	+19.07%
2014-12-31	TL5.54 Billion ≈ $124.06 Million	+33.59%
2013-12-31	TL4.15 Billion ≈ $92.86 Million	+71.94%
2012-12-31	TL2.41 Billion ≈ $54.01 Million	+6.51%
2011-12-31	TL2.26 Billion ≈ $50.71 Million	--

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
Shanghai Lingang Holdings Co Ltd A SHG:600848	$3.15 Billion
Wienerberger AG VI:WIE	$3.15 Billion
Catalyst Pharmaceuticals Inc NASDAQ:CPRX	$3.15 Billion
Sinopharm Group Co. Ltd F:X2S	$3.15 Billion
Rede Energia Participações S.A SA:REDE3	$3.14 Billion
Softcat plc F:SF5	$3.14 Billion
YETI Holdings Inc NYSE:YETI	$3.14 Billion
Bank of Qingdao Co Ltd SHE:002948	$3.14 Billion

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: 1.20x
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 14.09x to 1.20x 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	TL48.42	x
2018-12-31	TL5.42	TL48.42	x
2019-12-31	TL5.58	TL48.42	x
2020-12-31	TL7.58	TL48.42	x
2021-12-31	TL13.50	TL48.42	x
2022-12-31	TL17.86	TL48.42	x
2023-12-31	TL29.66	TL48.42	x
2024-12-31	TL40.21	TL48.42	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: $21,956,342,883
Average return on equity (ROE) among peers: 15.75%

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	$3.15 Billion
Ayes Celik Hasir ve Cit Sanayi AS (AYES)	$40.12 Million	5.12%	1.82x	$103.81 Million
BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH)	$60.73 Million	16.40%	0.90x	$40.61 Million
Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL)	$601.49 Million	20.50%	0.74x	$304.04 Million
Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN)	$3.55 Billion	-0.30%	1.27x	$1.74 Billion
Borusan Yatirim ve Pazarlama AS (BRYAT)	$367.10 Million	9.29%	0.02x	$1.30 Billion
Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS)	$170.44 Million	7.94%	0.16x	$122.96 Million
Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA)	$128.88 Million	78.54%	9.55x	$179.10 Million
Erciyas Celik Boru Sanayi A.S. (ERCB)	$1.16 Billion	2.13%	1.74x	$101.29 Million
Eregli Demir ve Celik Fabrikalari TAS (EREGL)	$191.53 Billion	2.11%	0.62x	$5.29 Billion

About Iskenderun Demir ve Celik AS

IS:ISDMR Turkey Steel

Market Cap

$3.15 Billion

TL140.42 Billion TRY

Market Cap Rank

#4794 Global

#30 in Turkey

Share Price

TL48.42

Change (1 day)

+0.29%

52-Week Range

TL33.38 - TL48.42

All Time High

TL51.17