Karel Elektronik Sanayi ve Ticaret AS (KAREL) - Net Assets

Latest as of June 2025: TL2.09 Billion TRY ≈ $46.83 Million USD

Based on the latest financial reports, Karel Elektronik Sanayi ve Ticaret AS (KAREL) has net assets worth TL2.09 Billion TRY (≈ $46.83 Million USD) 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 ≈ $292.68 Million USD) and total liabilities (TL10.98 Billion ≈ $245.86 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 Karel Elektronik Sanayi ve Ticaret AS (KAREL) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Karel Elektronik Sanayi ve Ticaret AS balance sheet assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Karel Elektronik Sanayi ve Ticaret AS stock valuation.

Year	Net Assets	Change
2024-12-31	TL2.10 Billion ≈ $46.98 Million	-42.68%
2023-12-31	TL3.66 Billion ≈ $81.96 Million	+320.46%
2022-12-31	TL870.27 Million ≈ $19.49 Million	+52.73%
2021-12-31	TL569.80 Million ≈ $12.76 Million	+13.00%
2020-12-31	TL504.24 Million ≈ $11.29 Million	+33.05%
2019-12-31	TL378.99 Million ≈ $8.49 Million	+39.97%
2018-12-31	TL270.77 Million ≈ $6.06 Million	+30.63%
2017-12-31	TL207.28 Million ≈ $4.64 Million	+16.83%
2016-12-31	TL177.42 Million ≈ $3.97 Million	+5.38%
2015-12-31	TL168.36 Million ≈ $3.77 Million	+4.09%
2014-12-31	TL161.75 Million ≈ $3.62 Million	+6.46%
2013-12-31	TL151.94 Million ≈ $3.40 Million	+9.97%
2012-12-31	TL138.17 Million ≈ $3.09 Million	+10.22%
2011-12-31	TL125.36 Million ≈ $2.81 Million	+10.06%
2010-12-31	TL113.90 Million ≈ $2.55 Million	+20.64%
2009-12-31	TL94.41 Million ≈ $2.11 Million	+18.70%
2008-12-31	TL79.54 Million ≈ $1.78 Million	+12.98%
2007-12-31	TL70.40 Million ≈ $1.58 Million	+12.97%
2006-12-31	TL62.32 Million ≈ $1.40 Million	+86.67%
2005-12-31	TL33.38 Million ≈ $747.69K	--

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
Thejo Engineering Limited NSE:THEJO	$213.09 Million
Burcelik Vana Sanayi ve Ticaret AS IS:BURVA	$213.12 Million
Metalfrio Solutions S.A SA:FRIO3	$213.12 Million
E KOCREF CR REIT KO:088260	$213.13 Million
Alto Ingredients Inc NASDAQ:ALTO	$212.84 Million
Launch Two Acquisition Corp. NASDAQ:LPBBU	$212.80 Million
Kerevitas Gida Sanayi ve Ticaret AS IS:KERVT	$212.77 Million
Montana Technologies Corporation NASDAQ:AIRJ	$212.76 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: 5.03x
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 3.32x to 5.03x 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	TL11.80	x
2018-12-31	TL4.68	TL11.80	x
2019-12-31	TL6.55	TL11.80	x
2020-12-31	TL8.58	TL11.80	x
2021-12-31	TL2.85	TL11.80	x
2022-12-31	TL1.94	TL11.80	x
2023-12-31	TL4.82	TL11.80	x
2024-12-31	TL2.34	TL11.80	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: $47,403,370,345,346
Average return on equity (ROE) among peers: -3.67%

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	$212.99 Million
Alcatel Lucent Teletas Telekomunikasyon AS (ALCTL)	$1.96 Billion	-7.33%	0.56x	$119.01 Million
Netas Telekomunikasyon AS (NETAS)	$94.80 Trillion	0.00%	1.29x	$94.94 Million

About Karel Elektronik Sanayi ve Ticaret AS

IS:KAREL Turkey Communication Equipment

Market Cap

$212.99 Million

TL9.51 Billion TRY

Market Cap Rank

#16299 Global

#198 in Turkey

Share Price

TL11.80

Change (1 day)

+0.68%

52-Week Range

TL7.61 - TL12.28

All Time High

TL17.66