MEGA METAL
Mega Metal Sanayi ve Ticaret A.S. manufactures and sells electrolytic copper wires in Turkey. It offers single and bunched copper wires, wire rods, multi wires, and braiding wires, as well as silver and tin plated, and bare copper wires. The company serves energy generation and distribution, electricity, electronics, communication, renewable energy, electrical appliances, white goods, special ind… Read more
MEGA METAL (MEGMT) - Net Assets
Latest net assets as of September 2025: TL4.31 Billion TRY
Based on the latest financial reports, MEGA METAL (MEGMT) has net assets worth TL4.31 Billion TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL12.53 Billion) and total liabilities (TL8.22 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 | TL4.31 Billion |
| % of Total Assets | 34.38% |
| Annual Growth Rate | 78.81% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 83.46 |
MEGA METAL - Net Assets Trend (2020–2024)
This chart illustrates how MEGA METAL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MEGA METAL (2020–2024)
The table below shows the annual net assets of MEGA METAL from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL3.65 Billion | +31.94% |
| 2023-12-31 | TL2.77 Billion | +236.36% |
| 2022-12-31 | TL822.93 Million | +41.00% |
| 2021-12-31 | TL583.65 Million | +63.36% |
| 2020-12-31 | TL357.28 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to MEGA METAL'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 2721.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL810.29 Million | 22.19% |
| Other Components | TL2.84 Billion | 77.81% |
| Total Equity | TL3.65 Billion | 100.00% |
MEGA METAL Competitors by Market Cap
The table below lists competitors of MEGA METAL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Pennar Industries Limited
NSE:PENIND
|
$118.84 Million |
|
Caisse Régionale de Crédit Agricole du Morbihan
LSE:0AHX
|
$118.84 Million |
|
Jetwell Computer Co Ltd
TWO:3147
|
$118.85 Million |
|
Plains Acquisition Corporation
PINK:PLQC
|
$118.90 Million |
|
Maui Land & Pineapple Company Inc
NYSE:MLP
|
$118.72 Million |
|
Varia US Properties Ltd
SW:VARN
|
$118.71 Million |
|
DURCF
PINK:DURCF
|
$118.71 Million |
|
Shenzhen Capol International & Associates Co Ltd
SHE:002949
|
$118.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MEGA METAL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,768,047,202 to 3,652,174,182, a change of 884,126,980 (31.9%).
- Net income of 422,605,671 contributed positively to equity growth.
- Other factors increased equity by 461,521,309.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL422.61 Million | +11.57% |
| Other Changes | TL461.52 Million | +12.64% |
| Total Change | TL- | 31.94% |
Book Value vs Market Value Analysis
This analysis compares MEGA METAL'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: 4.87x
- 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 decreased from 49.77x to 4.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | TL1.35 | TL67.10 | x |
| 2021-12-31 | TL2.20 | TL67.10 | x |
| 2022-12-31 | TL3.11 | TL67.10 | x |
| 2023-12-31 | TL10.45 | TL67.10 | x |
| 2024-12-31 | TL13.78 | TL67.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MEGA METAL 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): 11.57%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.36%
- • Asset Turnover: 2.03x
- • Equity Multiplier: 2.42x
- Recent ROE (11.57%) is above the historical average (9.08%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 12.34% | 2.12% | 1.62x | 3.60x | TL8.37 Million |
| 2021 | 0.73% | 0.10% | 1.73x | 4.25x | TL-54.08 Million |
| 2022 | 9.93% | 0.92% | 2.48x | 4.33x | TL-602.03K |
| 2023 | 10.84% | 2.56% | 1.71x | 2.48x | TL23.32 Million |
| 2024 | 11.57% | 2.36% | 2.03x | 2.42x | TL57.39 Million |
Industry Comparison
This section compares MEGA METAL's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $317,764,859
- Average return on equity (ROE) among peers: 14.53%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| MEGA METAL (MEGMT) | TL4.31 Billion | 12.34% | 1.91x | $118.73 Million |
| Alves Kablo San As (ALVES) | $651.06 Million | 31.24% | 1.69x | $24.66 Million |
| Astor Enerji AS (ASTOR) | $1.10 Billion | 47.12% | 1.90x | $550.72 Million |
| EKOS (EKOS) | $157.40 Million | 13.05% | 1.77x | $21.38 Million |
| EMEK Elektrik Endustrisi AS (EMKEL) | $57.84 Million | 5.37% | 1.69x | $58.43 Million |
| Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. (EUPWR) | $104.85 Million | 47.42% | 1.27x | $547.62 Million |
| Gersan Elektrik Ticaret ve Sanayi AS (GEREL) | $132.47 Million | 5.28% | 2.55x | $175.60 Million |
| Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) | $510.76 Million | 7.71% | 0.67x | $76.38 Million |
| Turk Prysmian Kablo ve Sistemleri AS (PRKAB) | $129.91 Million | 0.00% | 1.09x | $40.27 Million |
| SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) | $17.01 Million | -26.40% | 1.42x | $15.09 Million |