Karel Elektronik Sanayi ve Ticaret AS
Karel Elektronik Sanayi Ve Ticaret A.S. designs, develops, produces, and sells communication systems in Türkiye. It offers communication products, such as PBX phone systems for small, medium, and large-scale businesses; IP based call center systems for public and private institutions; and IP, analog, wall, hotel, and feature phones, as well as direct station select modules, and operator phone hea… Read more
Karel Elektronik Sanayi ve Ticaret AS (KAREL) - Net Assets
Latest net assets as of June 2025: TL2.09 Billion TRY
Based on the latest financial reports, Karel Elektronik Sanayi ve Ticaret AS (KAREL) has net assets worth TL2.09 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 (TL13.07 Billion) and total liabilities (TL10.98 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 | TL2.09 Billion |
| % of Total Assets | 16.0% |
| Annual Growth Rate | 24.35% |
| 5-Year Change | 315.97% |
| 10-Year Change | 1145.82% |
| Growth Volatility | 71.57 |
Karel Elektronik Sanayi ve Ticaret AS - Net Assets Trend (2005–2024)
This chart illustrates how Karel Elektronik 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 Karel Elektronik Sanayi ve Ticaret AS (2005–2024)
The table below shows the annual net assets of Karel Elektronik Sanayi ve Ticaret AS from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.10 Billion | -42.68% |
| 2023-12-31 | TL3.66 Billion | +320.46% |
| 2022-12-31 | TL870.27 Million | +52.73% |
| 2021-12-31 | TL569.80 Million | +13.00% |
| 2020-12-31 | TL504.24 Million | +33.05% |
| 2019-12-31 | TL378.99 Million | +39.97% |
| 2018-12-31 | TL270.77 Million | +30.63% |
| 2017-12-31 | TL207.28 Million | +16.83% |
| 2016-12-31 | TL177.42 Million | +5.38% |
| 2015-12-31 | TL168.36 Million | +4.09% |
| 2014-12-31 | TL161.75 Million | +6.46% |
| 2013-12-31 | TL151.94 Million | +9.97% |
| 2012-12-31 | TL138.17 Million | +10.22% |
| 2011-12-31 | TL125.36 Million | +10.06% |
| 2010-12-31 | TL113.90 Million | +20.64% |
| 2009-12-31 | TL94.41 Million | +18.70% |
| 2008-12-31 | TL79.54 Million | +12.98% |
| 2007-12-31 | TL70.40 Million | +12.97% |
| 2006-12-31 | TL62.32 Million | +86.67% |
| 2005-12-31 | TL33.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Karel Elektronik 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 decreased by 1249.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL2.11 Billion | 111.79% |
| Total Equity | TL1.89 Billion | 100.00% |
Karel Elektronik Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Karel Elektronik Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Braveheart Resources Inc
OTCQB:RIINF
|
$5.97 Million |
|
HYDROTOR SA
WAR:HDR
|
$5.98 Million |
|
Zenta Group Company Limited Ordinary Shares
NASDAQ:ZGM
|
$5.99 Million |
|
Kothari Sugars And Chemicals Limited
NSE:KOTARISUG
|
$5.99 Million |
|
Cordoba Minerals Corp
OTCQB:CDBMF
|
$5.97 Million |
|
PUC Bhd
KLSE:0007
|
$5.97 Million |
|
Leeuwin Metals Ltd
AU:LM1
|
$5.97 Million |
|
Personal Assets Trust plc
LSE:PNL
|
$5.96 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Karel Elektronik Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 3,433,924,903 to 1,889,381,661, a change of -1,544,543,242 (-45.0%).
- Net loss of 1,525,917,629 reduced equity.
- New share issuances of 163,543,827 increased equity.
- Other factors decreased equity by 182,169,440.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-1.53 Billion | -80.76% |
| Share Issuances | TL163.54 Million | +8.66% |
| Other Changes | TL-182.17 Million | -9.64% |
| Total Change | TL- | -44.98% |
Book Value vs Market Value Analysis
This analysis compares Karel Elektronik 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: 3.77x
- 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 increased from 2.48x to 3.77x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL3.56 | TL8.84 | x |
| 2018-12-31 | TL4.68 | TL8.84 | x |
| 2019-12-31 | TL6.55 | TL8.84 | x |
| 2020-12-31 | TL8.58 | TL8.84 | x |
| 2021-12-31 | TL2.85 | TL8.84 | x |
| 2022-12-31 | TL1.94 | TL8.84 | x |
| 2023-12-31 | TL4.82 | TL8.84 | x |
| 2024-12-31 | TL2.34 | TL8.84 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Karel Elektronik 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): -80.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.04%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 6.09x
- Recent ROE (-80.76%) is below the historical average (6.84%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 17.13% | 14.21% | 0.53x | 2.29x | TL8.12 Million |
| 2011 | 9.20% | 7.81% | 0.71x | 1.66x | TL-1.00 Million |
| 2012 | 9.32% | 7.58% | 0.69x | 1.78x | TL-936.60K |
| 2013 | 9.28% | 7.72% | 0.64x | 1.87x | TL-1.10 Million |
| 2014 | 6.57% | 4.88% | 0.68x | 1.99x | TL-5.54 Million |
| 2015 | 4.40% | 2.89% | 0.66x | 2.30x | TL-9.43 Million |
| 2016 | 5.77% | 3.18% | 0.72x | 2.52x | TL-7.51 Million |
| 2017 | 15.13% | 7.16% | 0.81x | 2.61x | TL10.65 Million |
| 2018 | 25.02% | 9.36% | 0.94x | 2.84x | TL40.96 Million |
| 2019 | 29.73% | 13.97% | 0.73x | 2.91x | TL75.41 Million |
| 2020 | 24.31% | 11.94% | 0.67x | 3.03x | TL71.59 Million |
| 2021 | 11.66% | 4.06% | 0.84x | 3.42x | TL9.46 Million |
| 2022 | 6.03% | 1.34% | 0.76x | 5.91x | TL-30.34 Million |
| 2023 | 9.88% | 2.48% | 1.17x | 3.40x | TL-4.18 Million |
| 2024 | -80.76% | -11.04% | 1.20x | 6.09x | TL-1.71 Billion |
Industry Comparison
This section compares Karel Elektronik Sanayi ve Ticaret AS's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $26,835,716,332,062
- Average return on equity (ROE) among peers: 9.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Karel Elektronik Sanayi ve Ticaret AS (KAREL) | TL2.09 Billion | 17.13% | 5.25x | $5.97 Million |
| Alcatel Lucent Teletas Telekomunikasyon AS (ALCTL) | $1.31 Billion | 18.06% | 0.76x | $50.15 Million |
| Netas Telekomunikasyon AS (NETAS) | $53.67 Trillion | 0.00% | 1.02x | $39.20 Million |