Kerevitas Gida Sanayi ve Ticaret AS (KERVT) - Net Assets
Based on the latest financial reports, Kerevitas Gida Sanayi ve Ticaret AS (KERVT) has net assets worth TL13.82 Billion TRY (≈ $309.51 Million USD) as of March 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL30.36 Billion ≈ $680.01 Million USD) and total liabilities (TL16.54 Billion ≈ $370.50 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 Kerevitas Gida Sanayi ve Ticaret AS (KERVT) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL13.82 Billion |
| % of Total Assets | 45.52% |
| Annual Growth Rate | N/A |
| 5-Year Change | 761.12% |
| 10-Year Change | 52411.02% |
| Growth Volatility | 139.45 |
Kerevitas Gida Sanayi ve Ticaret AS - Net Assets Trend (2003–2024)
This chart illustrates how Kerevitas Gida Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore KERVT current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Kerevitas Gida Sanayi ve Ticaret AS (2003–2024)
The table below shows the annual net assets of Kerevitas Gida Sanayi ve Ticaret AS from 2003 to 2024. For live valuation and market cap data, see KERVT stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL12.47 Billion ≈ $279.20 Million |
+18.49% |
| 2023-12-31 | TL10.52 Billion ≈ $235.63 Million |
+176.77% |
| 2022-12-31 | TL3.80 Billion ≈ $85.13 Million |
+140.28% |
| 2021-12-31 | TL1.58 Billion ≈ $35.43 Million |
+9.28% |
| 2020-12-31 | TL1.45 Billion ≈ $32.42 Million |
+49.80% |
| 2019-12-31 | TL966.38 Million ≈ $21.64 Million |
+23.58% |
| 2018-12-31 | TL781.98 Million ≈ $17.51 Million |
+2.89% |
| 2017-12-31 | TL759.99 Million ≈ $17.02 Million |
+1554.72% |
| 2016-12-31 | TL-52.24 Million ≈ $-1.17 Million |
-320.07% |
| 2015-12-31 | TL23.74 Million ≈ $531.70K |
+240.52% |
| 2014-12-31 | TL-16.89 Million ≈ $-378.38K |
+20.72% |
| 2013-12-31 | TL-21.31 Million ≈ $-477.29K |
+37.16% |
| 2012-12-31 | TL-33.91 Million ≈ $-759.59K |
-2.55% |
| 2011-12-31 | TL-33.07 Million ≈ $-740.73K |
-428.14% |
| 2010-12-31 | TL-6.26 Million ≈ $-140.25K |
+48.79% |
| 2009-12-31 | TL-12.23 Million ≈ $-273.88K |
+57.14% |
| 2008-12-31 | TL-28.53 Million ≈ $-639.00K |
-151.28% |
| 2007-12-31 | TL-11.35 Million ≈ $-254.30K |
+52.94% |
| 2006-12-31 | TL-24.13 Million ≈ $-540.38K |
-52.49% |
| 2005-12-31 | TL-15.82 Million ≈ $-354.37K |
+54.03% |
| 2004-12-31 | TL-34.42 Million ≈ $-770.94K |
+100.00% |
| 2003-12-31 | TL-46.30 Trillion ≈ $-1.04 Trillion |
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Equity Component Analysis
This analysis shows how different components contribute to Kerevitas Gida 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 grown by 354923770600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL3.39 Billion | 28.68% |
| Other Components | TL8.42 Billion | 71.32% |
| Total Equity | TL11.81 Billion | 100.00% |
Kerevitas Gida Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Kerevitas Gida Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Launch Two Acquisition Corp.
NASDAQ:LPBBU
|
$212.80 Million |
|
Alto Ingredients Inc
NASDAQ:ALTO
|
$212.84 Million |
|
Hathway Cable & Datacom Limited
NSE:HATHWAY
|
$212.87 Million |
|
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS Class A
IS:KRDMA
|
$212.92 Million |
|
Bell Equipment Limited
JSE:BEL
|
$212.62 Million |
|
Melon SA
SN:MELON
|
$212.52 Million |
|
Aviat Networks Inc
NASDAQ:AVNW
|
$212.50 Million |
|
Priner Serviços Industriais S.A
SA:PRNR3
|
$212.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kerevitas Gida Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 10,008,083,972 to 11,810,085,736, a change of 1,802,001,764 (18.0%).
- Net income of 1,511,223,709 contributed positively to equity growth.
- Other factors increased equity by 290,778,055.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL1.51 Billion | +12.8% |
| Other Changes | TL290.78 Million | +2.46% |
| Total Change | TL- | 18.01% |
Book Value vs Market Value Analysis
This analysis compares Kerevitas Gida 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: 0.80x
- 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 16.01x to 0.80x 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 | TL0.90 | TL14.35 | x |
| 2018-12-31 | TL0.91 | TL14.35 | x |
| 2019-12-31 | TL1.14 | TL14.35 | x |
| 2020-12-31 | TL1.82 | TL14.35 | x |
| 2021-12-31 | TL1.94 | TL14.35 | x |
| 2022-12-31 | TL5.09 | TL14.35 | x |
| 2023-12-31 | TL15.12 | TL14.35 | x |
| 2024-12-31 | TL17.84 | TL14.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kerevitas Gida 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): 12.80%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.04%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.35x
- Recent ROE (12.80%) is above the historical average (-22.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 0.00% | -6.98% | 0.72x | 0.00x | TL-19.78 Million |
| 2015 | -358.72% | -22.25% | 0.58x | 27.84x | TL-87.53 Million |
| 2016 | 0.00% | -15.97% | 0.76x | 0.00x | TL-68.55 Million |
| 2017 | 9.08% | 2.23% | 0.71x | 5.73x | TL-5.46 Million |
| 2018 | -5.76% | -1.43% | 0.80x | 5.06x | TL-94.63 Million |
| 2019 | 18.23% | 5.53% | 0.92x | 3.60x | TL62.21 Million |
| 2020 | 34.46% | 13.60% | 0.87x | 2.92x | TL295.10 Million |
| 2021 | -3.11% | -0.82% | 1.03x | 3.68x | TL-168.34 Million |
| 2022 | 38.89% | 10.63% | 1.29x | 2.83x | TL973.50 Million |
| 2023 | 8.42% | 3.09% | 1.17x | 2.33x | TL-157.90 Million |
| 2024 | 12.80% | 6.04% | 0.90x | 2.35x | TL330.22 Million |
Industry Comparison
This section compares Kerevitas Gida Sanayi ve Ticaret AS's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $930,432,188
- Average return on equity (ROE) among peers: 5.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kerevitas Gida Sanayi ve Ticaret AS (KERVT) | TL13.82 Billion | 0.00% | 1.20x | $212.77 Million |
| Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) | $1.56 Billion | 59.44% | 0.90x | $161.93 Million |
| AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD) | $1.06 Billion | 2.31% | 0.64x | $30.48 Million |
| Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT) | $218.87 Million | -45.54% | 3.80x | $347.24 Million |
| Dardanel Onentas Gida Sanayi AS (DARDL) | $-280.59 Million | 0.00% | 0.00x | $119.19 Million |
| Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN) | $2.68 Billion | -8.28% | 0.79x | $81.57 Million |
| ERSU Meyve ve Gida Sanayi AS (ERSU) | $20.13 Million | 2.04% | 0.17x | $20.24 Million |
| Fade Gida Yatirim Sanayi Ticaret As (FADE) | $158.54 Million | 21.77% | 0.53x | $28.94 Million |
| Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO) | $20.53 Million | 18.08% | 2.43x | $58.57 Million |
| Goknur Gida Maddeleri Enerji Imalati Ithalat Ihracat Ticaret ve Sanayi A.S. (GOKNR) | $2.94 Billion | -4.22% | 1.71x | $171.99 Million |
About Kerevitas Gida Sanayi ve Ticaret AS
Kerevitas Gida Sanayi ve Ticaret A.S. produces and trades in frozen and canned products in Turkey. The company offers frozen bakery products, vegetables and fruit products, potatoes and croquettes, meat products, and sea food; canned tuna, vegetables, and convenience foods; and consumer margarine, out-of-home consumption, and cooking oil products. The company was founded in 1970 and is based in I… Read more