Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS (KIMMR) - Net Assets
Based on the latest financial reports, Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS (KIMMR) has net assets worth TL3.88 Billion TRY (≈ $86.97 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL8.53 Billion ≈ $191.15 Million USD) and total liabilities (TL4.65 Billion ≈ $104.18 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 Ersan Alisveris Hizmetleri & Gida Sanayi strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL3.88 Billion |
| % of Total Assets | 45.5% |
| Annual Growth Rate | 64.98% |
| 5-Year Change | 1423.24% |
| 10-Year Change | N/A |
| Growth Volatility | 100.01 |
Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS - Net Assets Trend (2018–2024)
This chart illustrates how Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Ersan Alisveris Hizmetleri & Gida Sanayi (KIMMR) market capitalisation.
Annual Net Assets for Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS (2018–2024)
The table below shows the annual net assets of Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS from 2018 to 2024. Also explore KIMMR net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.87 Billion ≈ $64.22 Million |
+12.78% |
| 2023-12-31 | TL2.54 Billion ≈ $56.94 Million |
+289.10% |
| 2022-12-31 | TL653.40 Million ≈ $14.63 Million |
+50.08% |
| 2021-12-31 | TL435.38 Million ≈ $9.75 Million |
+131.28% |
| 2020-12-31 | TL188.25 Million ≈ $4.22 Million |
+12.34% |
| 2019-12-31 | TL167.57 Million ≈ $3.75 Million |
+17.90% |
| 2018-12-31 | TL142.13 Million ≈ $3.18 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Ersan Alisveris Hizmetleri & Gida Sanayi 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 52721408800.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL3.45 Billion | 120.19% |
| Total Equity | TL2.87 Billion | 100.00% |
Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS Competitors by Market Cap
The table below lists competitors of Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Amarin Printing and Publishing Public Company Limited
BK:AMARIN
|
$61.61 Million |
|
Tex Cycle Technology M Bhd
KLSE:0089
|
$61.61 Million |
|
Vakrangee Limited
NSE:VAKRANGEE
|
$61.62 Million |
|
TTEC Holdings Inc
NASDAQ:TTEC
|
$61.62 Million |
|
GrabAGun Digital Holdings Inc.
NYSE:PEW
|
$61.60 Million |
|
Everspring Industry Co Ltd
TW:2390
|
$61.60 Million |
|
Alliance Witan Ord
LSE:ALW
|
$61.57 Million |
|
South West Pinnacle Exploration Limited
NSE:SOUTHWEST
|
$61.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,542,413,252 to 2,867,441,979, a change of 325,028,727 (12.8%).
- Net income of 350,987,082 contributed positively to equity growth.
- Share repurchases of 352,060 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL350.99 Million | +12.24% |
| Share Repurchases | TL352.06K | -0.01% |
| Other Changes | TL-25.61 Million | -0.89% |
| Total Change | TL- | 12.78% |
Book Value vs Market Value Analysis
This analysis compares Ersan Alisveris Hizmetleri & Gida Sanayi 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: 0.96x
- 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 19.35x to 0.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL0.59 | TL11.46 | x |
| 2019-12-31 | TL0.70 | TL11.46 | x |
| 2020-12-31 | TL0.78 | TL11.46 | x |
| 2021-12-31 | TL1.81 | TL11.46 | x |
| 2022-12-31 | TL2.72 | TL11.46 | x |
| 2023-12-31 | TL10.59 | TL11.46 | x |
| 2024-12-31 | TL11.95 | TL11.46 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ersan Alisveris Hizmetleri & Gida Sanayi 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): 12.24%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.72%
- • Asset Turnover: 1.49x
- • Equity Multiplier: 2.20x
- Recent ROE (12.24%) is above the historical average (6.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -18.22% | -4.38% | 1.58x | 2.63x | TL-40.11 Million |
| 2019 | 8.09% | 1.89% | 1.42x | 3.00x | TL-3.21 Million |
| 2020 | 8.06% | 1.54% | 1.62x | 3.24x | TL-3.65 Million |
| 2021 | 4.69% | 1.57% | 1.40x | 2.12x | TL-23.13 Million |
| 2022 | 8.08% | 2.14% | 1.60x | 2.35x | TL-12.53 Million |
| 2023 | 20.21% | 5.75% | 1.65x | 2.13x | TL259.55 Million |
| 2024 | 12.24% | 3.72% | 1.49x | 2.20x | TL64.24 Million |
Industry Comparison
This section compares Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS's net assets metrics with peer companies in the Department Stores industry.
Industry Context
- Industry: Department Stores
- Average net assets among peers: $1,447,911,504
- Average return on equity (ROE) among peers: 51.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS (KIMMR) | TL3.88 Billion | -18.22% | 1.20x | $61.60 Million |
| Bizim Toptan Satis Magazalari AS (BIZIM) | $30.39 Million | 19.19% | 4.45x | $38.50 Million |
| Sok Marketler Ticaret As (SOKM) | $2.87 Billion | 83.05% | 5.55x | $765.40 Million |
About Ersan Alisveris Hizmetleri & Gida Sanayi Ticaret AS
Ersan Alisveris Hizmetleri ve Gida Sanayi Ticaret A.S. operates a chain of supermarkets and hypermarkets in Turkey. It also offers products online. The company was incorporated in 1997 and is based in Istanbul, Turkey.