Netas Telekomunikasyon AS (NETAS) - Net Assets

Latest as of September 2025: TL-205.66 Million TRY ≈ $-4.61 Million USD

Based on the latest financial reports, Netas Telekomunikasyon AS (NETAS) has net assets worth TL-205.66 Million TRY (≈ $-4.61 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 (TL7.97 Billion ≈ $178.41 Million USD) and total liabilities (TL8.17 Billion ≈ $183.02 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 Netas Telekomunikasyon AS (NETAS) asset resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL-205.66 Million
% of Total Assets	-2.58%
Annual Growth Rate	-46.37%
5-Year Change	-97.07%
10-Year Change	-96.07%
Growth Volatility	235.96

Netas Telekomunikasyon AS - Net Assets Trend (2000–2024)

This chart illustrates how Netas Telekomunikasyon AS's net assets have evolved over time, based on quarterly financial data. Also explore NETAS total asset value for the complete picture of this company's asset base.

Annual Net Assets for Netas Telekomunikasyon AS (2000–2024)

The table below shows the annual net assets of Netas Telekomunikasyon AS from 2000 to 2024. For live valuation and market cap data, see market value of Netas Telekomunikasyon AS.

Year	Net Assets	Change
2024-12-31	TL17.17 Million ≈ $384.46K	-92.29%
2023-12-31	TL222.76 Million ≈ $4.99 Million	+1159.13%
2022-12-31	TL17.69 Million ≈ $396.25K	-50.03%
2021-12-31	TL35.41 Million ≈ $793.05K	-93.96%
2020-12-31	TL585.77 Million ≈ $13.12 Million	+9.24%
2019-12-31	TL536.21 Million ≈ $12.01 Million	-34.10%
2018-12-31	TL813.66 Million ≈ $18.22 Million	+26.23%
2017-12-31	TL644.61 Million ≈ $14.44 Million	+17.27%
2016-12-31	TL549.70 Million ≈ $12.31 Million	+25.73%
2015-12-31	TL437.20 Million ≈ $9.79 Million	+35.40%
2014-12-31	TL322.90 Million ≈ $7.23 Million	+11.71%
2013-12-31	TL289.06 Million ≈ $6.47 Million	-4.15%
2012-12-31	TL301.58 Million ≈ $6.75 Million	-15.64%
2011-12-31	TL357.49 Million ≈ $8.01 Million	+21.07%
2010-12-31	TL295.26 Million ≈ $6.61 Million	+15.50%
2009-12-31	TL255.64 Million ≈ $5.73 Million	+8.78%
2008-12-31	TL235.00 Million ≈ $5.26 Million	+36.84%
2007-12-31	TL171.73 Million ≈ $3.85 Million	+0.95%
2006-12-31	TL170.12 Million ≈ $3.81 Million	+10.16%
2005-12-31	TL154.43 Million ≈ $3.46 Million	+3.36%
2004-12-31	TL149.42 Million ≈ $3.35 Million	-100.00%
2003-12-31	TL92.09 Trillion ≈ $2.06 Trillion	-2.86%
2002-12-31	TL94.80 Trillion ≈ $2.12 Trillion	+25.19%
2001-12-31	TL75.73 Trillion ≈ $1.70 Trillion	+41.10%
2000-12-31	TL53.67 Trillion ≈ $1.20 Trillion	--

Equity Component Analysis

This analysis shows how different components contribute to Netas Telekomunikasyon 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 85669259100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Other Components	TL860.24 Million	24239.48%
Total Equity	TL3.55 Million	100.00%

Netas Telekomunikasyon AS Competitors by Market Cap

The table below lists competitors of Netas Telekomunikasyon AS ranked by their market capitalization.

Company	Market Cap
Phillips 66 F:PSX	$94.97 Million
Koryo Credit Information Co. Ltd KQ:049720	$95.02 Million
Alcidion Group Ltd AU:ALC	$95.02 Million
Sao Ta Foods JSC VN:FMC	$95.03 Million
Tan Chong Motor Holdings Bhd KLSE:4405	$94.89 Million
Dana Brata Luhur PT JK:TEBE	$94.87 Million
Triple i Logistics Public Company Limited BK:III	$94.86 Million
Charlton Aria Acquisition Corporation Class A Ordinary Shares NASDAQ:CHAR	$94.85 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Netas Telekomunikasyon AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 217,693,183 to 3,548,927, a change of -214,144,256 (-98.4%).
Net loss of 280,541,832 reduced equity.
Other factors increased equity by 66,397,576.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	TL-280.54 Million	-7904.98%
Other Changes	TL66.40 Million	+1870.92%
Total Change	TL-	-98.37%

Book Value vs Market Value Analysis

This analysis compares Netas Telekomunikasyon 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: 1194.42x
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 6.58x to 1194.42x 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	TL9.94	TL65.35	x
2018-12-31	TL12.54	TL65.35	x
2019-12-31	TL8.26	TL65.35	x
2020-12-31	TL9.02	TL65.35	x
2021-12-31	TL0.57	TL65.35	x
2022-12-31	TL0.21	TL65.35	x
2023-12-31	TL3.36	TL65.35	x
2024-12-31	TL0.05	TL65.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Netas Telekomunikasyon 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): -7904.98%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -3.06%
• Asset Turnover: 1.19x
• Equity Multiplier: 2165.22x
Recent ROE (-7904.98%) is below the historical average (-493.02%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	10.75%	11.71%	0.67x	1.37x	TL1.16 Million
2006	5.71%	8.54%	0.47x	1.44x	TL-7.30 Million
2007	5.16%	5.93%	0.60x	1.45x	TL-8.32 Million
2008	5.23%	6.72%	0.49x	1.59x	TL-11.21 Million
2009	9.72%	11.73%	0.50x	1.65x	TL-711.90K
2010	7.78%	8.48%	0.67x	1.37x	TL-6.56 Million
2011	5.03%	5.34%	0.62x	1.53x	TL-17.77 Million
2012	5.67%	3.11%	0.92x	1.99x	TL-13.07 Million
2013	0.76%	0.35%	0.81x	2.69x	TL-26.71 Million
2014	3.67%	1.60%	0.82x	2.79x	TL-20.44 Million
2015	7.85%	3.40%	0.75x	3.09x	TL-9.42 Million
2016	3.40%	1.93%	0.71x	2.50x	TL-36.30 Million
2017	8.30%	4.77%	0.72x	2.40x	TL-10.94 Million
2018	-2.44%	-1.91%	0.56x	2.29x	TL-101.18 Million
2019	-27.73%	-11.19%	0.66x	3.74x	TL-202.19 Million
2020	-12.16%	-4.10%	0.72x	4.12x	TL-129.64 Million
2021	-1809.72%	-29.10%	0.63x	99.31x	TL-671.90 Million
2022	-228.09%	-0.76%	0.96x	311.88x	TL-31.91 Million
2023	45.78%	1.43%	1.21x	26.33x	TL77.90 Million
2024	-7904.98%	-3.06%	1.19x	2165.22x	TL-280.90 Million

Industry Comparison

This section compares Netas Telekomunikasyon AS's net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

Industry: Communication Equipment
Average net assets among peers: $1,025,552,346
Average return on equity (ROE) among peers: -3.67%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Netas Telekomunikasyon AS (NETAS)	TL-205.66 Million	10.75%	N/A	$94.94 Million
Alcatel Lucent Teletas Telekomunikasyon AS (ALCTL)	$1.96 Billion	-7.33%	0.56x	$119.01 Million
Karel Elektronik Sanayi ve Ticaret AS (KAREL)	$94.41 Million	0.00%	0.55x	$212.99 Million

About Netas Telekomunikasyon AS

IS:NETAS Turkey Communication Equipment

Market Cap

$94.94 Million

TL4.24 Billion TRY

Market Cap Rank

#19380 Global

#284 in Turkey

Share Price

TL65.35

Change (1 day)

-1.06%

52-Week Range

TL43.58 - TL91.00

All Time High

TL103.80