Menderes Tekstil Sanayi ve Ticaret AS (MNDRS) - Net Assets
Based on the latest financial reports, Menderes Tekstil Sanayi ve Ticaret AS (MNDRS) has net assets worth TL15.06 Billion TRY (≈ $337.40 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL21.77 Billion ≈ $487.67 Million USD) and total liabilities (TL6.71 Billion ≈ $150.27 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 Menderes Tekstil Sanayi ve Ticaret AS asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL15.06 Billion |
| % of Total Assets | 69.19% |
| Annual Growth Rate | 23.92% |
| 5-Year Change | 1373.85% |
| 10-Year Change | 5281.51% |
| Growth Volatility | 93.96 |
Menderes Tekstil Sanayi ve Ticaret AS - Net Assets Trend (2005–2025)
This chart illustrates how Menderes Tekstil Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore MNDRS asset base for the complete picture of this company's asset base.
Annual Net Assets for Menderes Tekstil Sanayi ve Ticaret AS (2005–2025)
The table below shows the annual net assets of Menderes Tekstil Sanayi ve Ticaret AS from 2005 to 2025. For live valuation and market cap data, see MNDRS market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL15.06 Billion ≈ $337.40 Million |
+0.17% |
| 2024-12-31 | TL15.04 Billion ≈ $336.84 Million |
+31.09% |
| 2023-12-31 | TL11.47 Billion ≈ $256.96 Million |
+189.39% |
| 2022-12-31 | TL3.96 Billion ≈ $88.79 Million |
+287.87% |
| 2021-12-31 | TL1.02 Billion ≈ $22.89 Million |
+41.84% |
| 2020-12-31 | TL720.60 Million ≈ $16.14 Million |
+297.99% |
| 2019-12-31 | TL181.06 Million ≈ $4.06 Million |
-26.87% |
| 2018-12-31 | TL247.58 Million ≈ $5.55 Million |
-25.19% |
| 2017-12-31 | TL330.95 Million ≈ $7.41 Million |
+18.23% |
| 2016-12-31 | TL279.93 Million ≈ $6.27 Million |
-3.60% |
| 2015-12-31 | TL290.39 Million ≈ $6.50 Million |
-10.07% |
| 2014-12-31 | TL322.92 Million ≈ $7.23 Million |
+8.56% |
| 2013-12-31 | TL297.45 Million ≈ $6.66 Million |
+9.08% |
| 2012-12-31 | TL272.70 Million ≈ $6.11 Million |
-2.19% |
| 2011-12-31 | TL278.81 Million ≈ $6.24 Million |
+9.82% |
| 2010-12-31 | TL253.88 Million ≈ $5.69 Million |
+9.17% |
| 2009-12-31 | TL232.55 Million ≈ $5.21 Million |
+9.39% |
| 2008-12-31 | TL212.59 Million ≈ $4.76 Million |
-1.64% |
| 2007-12-31 | TL216.14 Million ≈ $4.84 Million |
-1.20% |
| 2006-12-31 | TL218.76 Million ≈ $4.90 Million |
+5.94% |
| 2005-12-31 | TL206.50 Million ≈ $4.62 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Menderes Tekstil 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 10779.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.57 Billion | 30.57% |
| Other Components | TL10.38 Billion | 69.43% |
| Total Equity | TL14.95 Billion | 100.00% |
Menderes Tekstil Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Menderes Tekstil Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
VLS Finance Limited
NSE:VLSFINANCE
|
$78.27 Million |
|
Aluma Infrastructure Fund 2020 Ltd
TA:ALUMA
|
$78.29 Million |
|
Foshan Electrical and Lighting Co Ltd
SHE:200541
|
$78.31 Million |
|
Ares International Corp
TW:2471
|
$78.31 Million |
|
Vasta Platform Ltd
NASDAQ:VSTA
|
$78.25 Million |
|
Dong A Eltek Co. Ltd
KQ:088130
|
$78.25 Million |
|
Dallasnews Corp
NASDAQ:DALN
|
$78.24 Million |
|
United U Li Corporation Bhd
KLSE:7133
|
$78.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Menderes Tekstil Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,912,876,248 to 14,949,443,910, a change of 36,567,662 (0.2%).
- Net income of 307,379,713 contributed positively to equity growth.
- Other factors decreased equity by 270,812,051.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL307.38 Million | +2.06% |
| Other Changes | TL-270.81 Million | -1.81% |
| Total Change | TL- | 0.25% |
Book Value vs Market Value Analysis
This analysis compares Menderes Tekstil 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: 0.23x
- 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 9.49x to 0.23x 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 | TL1.33 | TL12.60 | x |
| 2018-12-31 | TL1.03 | TL12.60 | x |
| 2019-12-31 | TL0.78 | TL12.60 | x |
| 2020-12-31 | TL2.82 | TL12.60 | x |
| 2021-12-31 | TL4.03 | TL12.60 | x |
| 2022-12-31 | TL15.68 | TL12.60 | x |
| 2023-12-31 | TL45.45 | TL12.60 | x |
| 2024-12-31 | TL53.78 | TL12.60 | x |
| 2025-12-31 | TL53.91 | TL12.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Menderes Tekstil 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): 2.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.48%
- • Asset Turnover: 0.41x
- • Equity Multiplier: 1.46x
- Recent ROE (2.06%) is above the historical average (1.43%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 2.51% | 2.24% | 0.87x | 1.30x | TL-15.47 Million |
| 2006 | 5.77% | 4.65% | 0.88x | 1.41x | TL-9.26 Million |
| 2009 | 7.82% | 6.56% | 0.76x | 1.58x | TL-5.02 Million |
| 2010 | 7.97% | 6.62% | 0.78x | 1.55x | TL-5.11 Million |
| 2011 | 17.88% | 13.00% | 0.85x | 1.61x | TL21.77 Million |
| 2013 | 8.71% | 5.33% | 0.76x | 2.16x | TL-3.82 Million |
| 2014 | 7.93% | 4.22% | 0.78x | 2.40x | TL-6.63 Million |
| 2015 | -15.60% | -7.72% | 0.71x | 2.85x | TL-72.02 Million |
| 2016 | -1.08% | -0.46% | 0.77x | 3.03x | TL-30.71 Million |
| 2017 | 16.40% | 6.64% | 0.72x | 3.45x | TL21.22 Million |
| 2018 | -28.24% | -6.27% | 0.87x | 5.17x | TL-98.78 Million |
| 2019 | -6.81% | -0.91% | 0.95x | 7.80x | TL-32.98 Million |
| 2020 | -13.36% | -5.16% | 0.68x | 3.80x | TL-164.58 Million |
| 2021 | -26.57% | -12.03% | 0.59x | 3.78x | TL-368.57 Million |
| 2022 | 26.46% | 25.19% | 0.54x | 1.96x | TL645.32 Million |
| 2023 | 14.09% | 17.49% | 0.52x | 1.54x | TL464.76 Million |
| 2024 | -0.21% | -0.30% | 0.45x | 1.52x | TL-1.52 Billion |
| 2025 | 2.06% | 3.48% | 0.41x | 1.46x | TL-1.19 Billion |
Industry Comparison
This section compares Menderes Tekstil Sanayi ve Ticaret AS's net assets metrics with peer companies in the Textile Manufacturing industry.
Industry Context
- Industry: Textile Manufacturing
- Average net assets among peers: $23,680,829,984,147
- Average return on equity (ROE) among peers: 6.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Menderes Tekstil Sanayi ve Ticaret AS (MNDRS) | TL15.06 Billion | 2.51% | 0.45x | $78.25 Million |
| Aksa Akrilik Kimya Sanayi AS (AKSA) | $236.81 Trillion | 33.40% | 0.74x | $921.48 Million |
| Artemis Hali As (ARTMS) | $272.08 Million | 26.83% | 1.43x | $68.11 Million |
| Akin Tekstil AS (ATEKS) | $472.41 Million | 2.56% | 0.55x | $53.06 Million |
| Bilici Yatirim Sanayi ve Ticaret AS (BLCYT) | $17.39 Million | 0.00% | 0.32x | $72.93 Million |
| Bossa Ticaret ve Sanayi Isletmeleri TAS (BOSSA) | $298.27 Million | -2.90% | 1.41x | $185.26 Million |
| Birko Birlesik Koyunlulular Mensucat Ticaret ve Sanayi AS (BRKO) | $128.68 Million | 2.74% | 0.71x | $43.90 Million |
| Birlik Mensucat Ticaret ve Sanayi Isletmesi AS (BRMEN) | $-10.52 Million | 0.00% | 0.00x | $7.00 Million |
| Diriteks Dirilis Tekstil Sanayi ve Ticaret AS (DIRIT) | $-771.23K | 0.00% | 0.00x | $6.44 Million |
| Ensari Deri Gida Sanayi ve Ticaret AS (ENSRI) | $55.50 Million | 3.13% | 1.78x | $178.24 Million |
| Hateks Hatay Tekstil Isletmeleri AS (HATEK) | $1.56 Billion | -4.68% | 1.24x | $24.03 Million |
About Menderes Tekstil Sanayi ve Ticaret AS
Menderes Tekstil Sanayi ve Ticaret Anonim Sirketi operates a cotton and synthetic textile company in Turkey and internationally. The company manufactures pressed cotton, yarn, raw cloth, lining, interlining, duvet cover, bed sheet, shirting, curtain fabrics, tablecloths, and upholstery cloth products. It also engages in the production of electric energy. The company was founded in 1958 and is hea… Read more