Izmir Demir Celik Sanayi AS (IZMDC) - Net Assets
Based on the latest financial reports, Izmir Demir Celik Sanayi AS (IZMDC) has net assets worth TL27.89 Billion TRY (≈ $624.71 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL61.39 Billion ≈ $1.37 Billion USD) and total liabilities (TL33.50 Billion ≈ $750.22 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 how strategically is Izmir Demir Celik Sanayi AS's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL27.89 Billion |
| % of Total Assets | 45.44% |
| Annual Growth Rate | -28.19% |
| 5-Year Change | 2897.68% |
| 10-Year Change | 3448.67% |
| Growth Volatility | 188.11 |
Izmir Demir Celik Sanayi AS - Net Assets Trend (2000–2025)
This chart illustrates how Izmir Demir Celik Sanayi AS's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see IZMDC stock market capitalisation.
Annual Net Assets for Izmir Demir Celik Sanayi AS (2000–2025)
The table below shows the annual net assets of Izmir Demir Celik Sanayi AS from 2000 to 2025. Also explore Izmir Demir Celik Sanayi AS net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL24.00 Billion ≈ $537.44 Million |
-7.43% |
| 2024-12-31 | TL25.92 Billion ≈ $580.59 Million |
-1.14% |
| 2023-12-31 | TL26.22 Billion ≈ $587.29 Million |
+928.29% |
| 2022-12-31 | TL2.55 Billion ≈ $57.11 Million |
+218.56% |
| 2021-12-31 | TL800.47 Million ≈ $17.93 Million |
+81.01% |
| 2020-12-31 | TL442.22 Million ≈ $9.90 Million |
+35.20% |
| 2019-12-31 | TL327.09 Million ≈ $7.33 Million |
+3.29% |
| 2018-12-31 | TL316.68 Million ≈ $7.09 Million |
-53.68% |
| 2017-12-31 | TL683.60 Million ≈ $15.31 Million |
+1.10% |
| 2016-12-31 | TL676.18 Million ≈ $15.14 Million |
+154.04% |
| 2015-12-31 | TL266.17 Million ≈ $5.96 Million |
-43.33% |
| 2014-12-31 | TL469.67 Million ≈ $10.52 Million |
-5.31% |
| 2013-12-31 | TL495.99 Million ≈ $11.11 Million |
-18.29% |
| 2012-12-31 | TL607.01 Million ≈ $13.60 Million |
+0.68% |
| 2011-12-31 | TL602.88 Million ≈ $13.50 Million |
+54.00% |
| 2010-12-31 | TL391.49 Million ≈ $8.77 Million |
+4.29% |
| 2009-12-31 | TL375.40 Million ≈ $8.41 Million |
-4.42% |
| 2008-12-31 | TL392.77 Million ≈ $8.80 Million |
+30.89% |
| 2007-12-31 | TL300.08 Million ≈ $6.72 Million |
+21.37% |
| 2006-12-31 | TL247.24 Million ≈ $5.54 Million |
+29.27% |
| 2005-12-31 | TL191.25 Million ≈ $4.28 Million |
+14.65% |
| 2004-12-31 | TL166.82 Million ≈ $3.74 Million |
-100.00% |
| 2003-12-31 | TL167.46 Trillion ≈ $3.75 Trillion |
+16.38% |
| 2002-12-31 | TL143.89 Trillion ≈ $3.22 Trillion |
+46.59% |
| 2001-12-31 | TL98.15 Trillion ≈ $2.20 Trillion |
+3.87% |
| 2000-12-31 | TL94.50 Trillion ≈ $2.12 Trillion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Izmir Demir Celik 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 100.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL23.29 Billion | 130.70% |
| Total Equity | TL17.82 Billion | 100.00% |
Izmir Demir Celik Sanayi AS Competitors by Market Cap
The table below lists competitors of Izmir Demir Celik Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kabra Extrusion Technik Limited
NSE:KABRAEXTRU
|
$251.99 Million |
|
TSS, Inc. Common Stock
NASDAQ:TSSI
|
$252.00 Million |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
$252.08 Million |
|
Tianyu Ecology & Landscape Co
SHG:603717
|
$252.20 Million |
|
Shenzhen Keybridge Communications Co Ltd
SHE:002316
|
$251.96 Million |
|
E. W. Scripps Co Class A
NASDAQ:SSP
|
$251.90 Million |
|
Foghorn Therapeutics Inc
NASDAQ:FHTX
|
$251.79 Million |
|
Veedol Corporation Limited
NSE:VEEDOL
|
$251.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Izmir Demir Celik Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 20,004,084,573 to 17,821,508,953, a change of -2,182,575,620 (-10.9%).
- Net loss of 1,884,059,380 reduced equity.
- Other factors decreased equity by 298,516,240.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-1.88 Billion | -10.57% |
| Other Changes | TL-298.52 Million | -1.68% |
| Total Change | TL- | -10.91% |
Book Value vs Market Value Analysis
This analysis compares Izmir Demir Celik 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: 0.63x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 14.13x to 0.63x 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 | TL0.53 | TL7.50 | x |
| 2018-12-31 | TL0.25 | TL7.50 | x |
| 2019-12-31 | TL0.25 | TL7.50 | x |
| 2020-12-31 | TL0.34 | TL7.50 | x |
| 2021-12-31 | TL0.52 | TL7.50 | x |
| 2022-12-31 | TL1.63 | TL7.50 | x |
| 2023-12-31 | TL14.77 | TL7.50 | x |
| 2024-12-31 | TL13.34 | TL7.50 | x |
| 2025-12-31 | TL11.88 | TL7.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Izmir Demir Celik 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): -10.57%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.96%
- • Asset Turnover: 1.16x
- • Equity Multiplier: 3.06x
- Recent ROE (-10.57%) is above the historical average (-27.05%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 6.66% | 2.88% | 1.50x | 1.54x | TL-6.39 Million |
| 2007 | 17.61% | 6.76% | 1.84x | 1.42x | TL22.83 Million |
| 2008 | 33.50% | 9.41% | 2.12x | 1.68x | TL92.31 Million |
| 2010 | 4.44% | 1.89% | 1.46x | 1.61x | TL-21.76 Million |
| 2011 | 8.84% | 3.70% | 1.15x | 2.08x | TL-6.92 Million |
| 2012 | 0.07% | 0.03% | 1.18x | 2.30x | TL-58.45 Million |
| 2014 | -7.81% | -1.57% | 1.08x | 4.58x | TL-76.59 Million |
| 2015 | -74.17% | -8.82% | 1.00x | 8.45x | TL-207.75 Million |
| 2016 | -11.84% | -3.25% | 0.76x | 4.83x | TL-135.30 Million |
| 2017 | 2.31% | 0.50% | 0.98x | 4.70x | TL-49.80 Million |
| 2018 | -113.44% | -7.32% | 1.37x | 11.27x | TL-371.89 Million |
| 2019 | -172.59% | -12.71% | 0.98x | 13.83x | TL-553.58 Million |
| 2020 | -111.39% | -8.74% | 1.13x | 11.30x | TL-496.63 Million |
| 2021 | -98.43% | -7.08% | 1.40x | 9.96x | TL-843.93 Million |
| 2022 | 46.80% | 4.64% | 2.13x | 4.74x | TL898.28 Million |
| 2023 | 7.12% | 3.11% | 1.05x | 2.18x | TL-637.63 Million |
| 2024 | -14.01% | -4.60% | 1.06x | 2.86x | TL-4.80 Billion |
| 2025 | -10.57% | -2.96% | 1.16x | 3.06x | TL-3.67 Billion |
Industry Comparison
This section compares Izmir Demir Celik Sanayi AS's net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $311,140,211,672,793
- Average return on equity (ROE) among peers: 9.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Izmir Demir Celik Sanayi AS (IZMDC) | TL27.89 Billion | 6.66% | 1.20x | $251.97 Million |
| Ayes Celik Hasir ve Cit Sanayi AS (AYES) | $29.28 Million | 3.57% | 0.58x | $77.14 Million |
| BMS Celik Hasir Sanayi ve Ticaret AS (BMSCH) | $60.73 Million | 16.40% | 0.90x | $20.27 Million |
| Bms Birlesik Metal Sanayi ve Ticaret AS (BMSTL) | $189.99 Million | 26.85% | 2.18x | $150.71 Million |
| Borusan Mannesmann Boru Sanayi ve Ticaret AS (BRSAN) | $3.55 Billion | -0.30% | 1.27x | $2.12 Billion |
| Borusan Yatirim ve Pazarlama AS (BRYAT) | $626.21 Million | 5.51% | 0.02x | $963.38 Million |
| Cemtas Celik Makina Sanayi ve Ticaret AS (CEMTS) | $5.28 Billion | 2.26% | 0.15x | $90.49 Million |
| Doktas Dokumculuk Ticaret ve Sanayi AS (DOKTA) | $213.48 Million | 39.45% | 8.58x | $138.97 Million |
| Erciyas Celik Boru Sanayi A.S. (ERCB) | $543.39 Million | 0.00% | 2.32x | $68.32 Million |
| Eregli Demir ve Celik Fabrikalari TAS (EREGL) | $3111.31 Trillion | 0.00% | 0.39x | $5.69 Billion |
| Iskenderun Demir ve Celik AS (ISDMR) | $86.00 Billion | 5.35% | 0.58x | $4.05 Billion |
About Izmir Demir Celik Sanayi AS
Izmir Demir Çelik Sanayi Anonim Sirketi, together with its subsidiaries, engages in the production, marketing, and sale of iron and steel in Turkey and internationally. It operates through three segments: Iron and Steel Operations; Port Operations; and Energy Operations. It is also involved in energy production and trading, and provision of transportation and port management services. The company… Read more