ODAS Elektrik Uretim Sanayi Ticaret AS
Odas Elektrik Üretim Sanayi Ticaret A.S., together with its subsidiaries, produces and sells electricity by natural gas combined cycles in Turkey and internationally. The company operates a natural gas combined cycle power plant with an installed capacity of 140 MW; a solar energy power plant with an installed capacity of 0.25 MW; a hydroelectric power plant with an installed capacity of 8.2 MW; … Read more
ODAS Elektrik Uretim Sanayi Ticaret AS (ODAS) - Net Assets
Latest net assets as of September 2025: TL33.56 Billion TRY
Based on the latest financial reports, ODAS Elektrik Uretim Sanayi Ticaret AS (ODAS) has net assets worth TL33.56 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 (TL40.45 Billion) and total liabilities (TL6.89 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 | TL33.56 Billion |
| % of Total Assets | 82.96% |
| Annual Growth Rate | N/A |
| 5-Year Change | 3278.46% |
| 10-Year Change | 15689.99% |
| Growth Volatility | 173.69 |
ODAS Elektrik Uretim Sanayi Ticaret AS - Net Assets Trend (2011–2024)
This chart illustrates how ODAS Elektrik Uretim Sanayi Ticaret AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for ODAS Elektrik Uretim Sanayi Ticaret AS (2011–2024)
The table below shows the annual net assets of ODAS Elektrik Uretim Sanayi Ticaret AS from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL26.63 Billion | +49.81% |
| 2023-12-31 | TL17.78 Billion | +175.46% |
| 2022-12-31 | TL6.45 Billion | +76.04% |
| 2021-12-31 | TL3.67 Billion | +365.07% |
| 2020-12-31 | TL788.19 Million | -0.51% |
| 2019-12-31 | TL792.25 Million | -6.12% |
| 2018-12-31 | TL843.86 Million | +199.29% |
| 2017-12-31 | TL281.95 Million | +78.61% |
| 2016-12-31 | TL157.86 Million | -6.39% |
| 2015-12-31 | TL168.64 Million | -47.34% |
| 2014-12-31 | TL320.27 Million | +8.69% |
| 2013-12-31 | TL294.67 Million | +564.14% |
| 2012-12-31 | TL44.37 Million | +4645.90% |
| 2011-12-31 | TL-976.00K | -- |
Equity Component Analysis
This analysis shows how different components contribute to ODAS Elektrik Uretim 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 grown by 29272.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.22 Billion | 32.16% |
| Other Components | TL8.90 Billion | 67.84% |
| Total Equity | TL13.12 Billion | 100.00% |
ODAS Elektrik Uretim Sanayi Ticaret AS Competitors by Market Cap
The table below lists competitors of ODAS Elektrik Uretim Sanayi Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NexPoint Strategic Opportunities Fund
NYSE:NXDT
|
$176.81 Million |
|
Jupiter Mines Ltd
AU:JMS
|
$176.85 Million |
|
Byrna Technologies Inc
NASDAQ:BYRN
|
$176.87 Million |
|
Calix Limited
PINK:CLXLF
|
$176.92 Million |
|
Bajaj Electricals Limited
NSE:BAJAJELEC
|
$176.78 Million |
|
ROX Resources Ltd
AU:RXL
|
$176.78 Million |
|
Power Nickel Inc.
PINK:PNPNF
|
$176.76 Million |
|
Poongsan Holdi
KO:005810
|
$176.74 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in ODAS Elektrik Uretim Sanayi Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 11,758,950,129 to 13,117,897,002, a change of 1,358,946,873 (11.6%).
- Net loss of 2,978,481,066 reduced equity.
- Share repurchases of 123,776,136 reduced equity.
- New share issuances of 2,621,431,056 increased equity.
- Other factors increased equity by 1,839,773,019.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-2.98 Billion | -22.71% |
| Share Repurchases | TL123.78 Million | -0.94% |
| Share Issuances | TL2.62 Billion | +19.98% |
| Other Changes | TL1.84 Billion | +14.02% |
| Total Change | TL- | 11.56% |
Book Value vs Market Value Analysis
This analysis compares ODAS Elektrik Uretim 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: 0.64x
- 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 6.27x to 0.64x 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 | TL0.96 | TL6.01 | x |
| 2018-12-31 | TL3.11 | TL6.01 | x |
| 2019-12-31 | TL0.93 | TL6.01 | x |
| 2020-12-31 | TL1.33 | TL6.01 | x |
| 2021-12-31 | TL2.62 | TL6.01 | x |
| 2022-12-31 | TL4.24 | TL6.01 | x |
| 2023-12-31 | TL8.40 | TL6.01 | x |
| 2024-12-31 | TL9.37 | TL6.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently ODAS Elektrik Uretim 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): -22.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38.16%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.60x
- Recent ROE (-22.71%) is below the historical average (7.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 71.22% | 32.15% | 0.98x | 2.26x | TL165.74 Million |
| 2014 | 8.60% | 4.10% | 0.89x | 2.37x | TL-4.14 Million |
| 2015 | -0.34% | -0.12% | 0.75x | 3.91x | TL-17.11 Million |
| 2016 | -6.05% | -1.82% | 0.54x | 6.10x | TL-25.02 Million |
| 2017 | 39.04% | 16.23% | 0.35x | 6.97x | TL74.19 Million |
| 2018 | -30.34% | -28.37% | 0.29x | 3.71x | TL-334.44 Million |
| 2019 | -23.13% | -19.87% | 0.29x | 4.01x | TL-267.08 Million |
| 2020 | -31.00% | -25.30% | 0.29x | 4.28x | TL-326.25 Million |
| 2021 | 1.06% | 2.69% | 0.21x | 1.90x | TL-327.45 Million |
| 2022 | 39.59% | 30.77% | 0.67x | 1.93x | TL1.76 Billion |
| 2023 | 46.74% | 51.16% | 0.48x | 1.92x | TL4.32 Billion |
| 2024 | -22.71% | -38.16% | 0.23x | 2.60x | TL-4.29 Billion |
Industry Comparison
This section compares ODAS Elektrik Uretim Sanayi Ticaret AS's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $4,478,430,294
- Average return on equity (ROE) among peers: -6.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| ODAS Elektrik Uretim Sanayi Ticaret AS (ODAS) | TL33.56 Billion | 71.22% | 0.21x | $176.79 Million |
| Akenerji Elektrik Uretim AS (AKENR) | $1.80 Billion | -28.00% | 2.21x | $50.26 Million |
| Enerjisa Enerji AS (ENJSA) | $7.15 Billion | 15.21% | 2.45x | $3.45 Billion |