Orge Enerji Elektrik Taahhut AS (ORGE) - Net Assets
Based on the latest financial reports, Orge Enerji Elektrik Taahhut AS (ORGE) has net assets worth TL3.22 Billion TRY (≈ $72.17 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.00 Billion ≈ $111.92 Million USD) and total liabilities (TL1.77 Billion ≈ $39.75 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 ORGE goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL3.22 Billion |
| % of Total Assets | 64.48% |
| Annual Growth Rate | 77.63% |
| 5-Year Change | 949.44% |
| 10-Year Change | 6571.59% |
| Growth Volatility | 295.0 |
Orge Enerji Elektrik Taahhut AS - Net Assets Trend (2008–2024)
This chart illustrates how Orge Enerji Elektrik Taahhut AS's net assets have evolved over time, based on quarterly financial data. See ORGE defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Orge Enerji Elektrik Taahhut AS (2008–2024)
The table below shows the annual net assets of Orge Enerji Elektrik Taahhut AS from 2008 to 2024. For live valuation and market cap data, see Orge Enerji Elektrik Taahhut AS (ORGE) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL2.53 Billion ≈ $56.74 Million |
+91.67% |
| 2023-12-31 | TL1.32 Billion ≈ $29.60 Million |
+98.91% |
| 2022-12-31 | TL664.50 Million ≈ $14.88 Million |
+92.43% |
| 2021-12-31 | TL345.32 Million ≈ $7.73 Million |
+43.05% |
| 2020-12-31 | TL241.40 Million ≈ $5.41 Million |
+29.91% |
| 2019-12-31 | TL185.83 Million ≈ $4.16 Million |
+35.51% |
| 2018-12-31 | TL137.13 Million ≈ $3.07 Million |
+54.87% |
| 2017-12-31 | TL88.55 Million ≈ $1.98 Million |
+41.50% |
| 2016-12-31 | TL62.58 Million ≈ $1.40 Million |
+64.79% |
| 2015-12-31 | TL37.97 Million ≈ $850.49K |
+57.43% |
| 2014-12-31 | TL24.12 Million ≈ $540.23K |
+17.21% |
| 2013-12-31 | TL20.58 Million ≈ $460.92K |
+5.61% |
| 2012-12-31 | TL19.49 Million ≈ $436.44K |
+161.28% |
| 2011-12-31 | TL7.46 Million ≈ $167.04K |
+4.02% |
| 2010-12-31 | TL7.17 Million ≈ $160.59K |
+103.23% |
| 2009-12-31 | TL3.53 Million ≈ $79.02K |
+1267.44% |
| 2008-12-31 | TL258.00K ≈ $5.78K |
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Equity Component Analysis
This analysis shows how different components contribute to Orge Enerji Elektrik Taahhut 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 1373921.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL1.77 Billion | 69.97% |
| Other Components | TL760.89 Million | 30.03% |
| Total Equity | TL2.53 Billion | 100.00% |
Orge Enerji Elektrik Taahhut AS Competitors by Market Cap
The table below lists competitors of Orge Enerji Elektrik Taahhut AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Piedmont Lithium Inc
AU:PLL
|
$217.40 Million |
|
CHTC Helon Co Ltd
SHE:000677
|
$217.45 Million |
|
Iljin Holdings
KO:015860
|
$217.52 Million |
|
Palma Serasih PT
JK:PSGO
|
$217.59 Million |
|
Khon Kaen Sugar Industry PCL
BK:KSL
|
$217.19 Million |
|
Nanhua Instruments Co Ltd
SHE:300417
|
$217.19 Million |
|
BUUU Group Limited Class A Ordinary Share
NASDAQ:BUUU
|
$217.16 Million |
|
Mahanagar Telephone Nigam Limited
NSE:MTNL
|
$217.14 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Orge Enerji Elektrik Taahhut AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,321,746,747 to 2,533,379,360, a change of 1,211,632,613 (91.7%).
- Net income of 691,194,087 contributed positively to equity growth.
- Other factors increased equity by 520,438,526.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL691.19 Million | +27.28% |
| Other Changes | TL520.44 Million | +20.54% |
| Total Change | TL- | 91.67% |
Book Value vs Market Value Analysis
This analysis compares Orge Enerji Elektrik Taahhut 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: 3.71x
- 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 110.95x to 3.71x 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 | TL1.11 | TL122.80 | x |
| 2018-12-31 | TL1.72 | TL122.80 | x |
| 2019-12-31 | TL2.32 | TL122.80 | x |
| 2020-12-31 | TL3.04 | TL122.80 | x |
| 2021-12-31 | TL4.35 | TL122.80 | x |
| 2022-12-31 | TL8.38 | TL122.80 | x |
| 2023-12-31 | TL16.52 | TL122.80 | x |
| 2024-12-31 | TL33.11 | TL122.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Orge Enerji Elektrik Taahhut 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): 27.28%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.16%
- • Asset Turnover: 0.89x
- • Equity Multiplier: 1.52x
- Recent ROE (27.28%) is above the historical average (23.58%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 0.45% | 1.18% | 0.30x | 1.25x | TL-685.00K |
| 2011 | 3.86% | 1.78% | 1.23x | 1.77x | TL-457.80K |
| 2012 | 11.53% | 14.83% | 0.61x | 1.28x | TL297.40K |
| 2013 | 7.80% | 7.69% | 0.55x | 1.83x | TL-452.80K |
| 2014 | 14.69% | 14.29% | 0.54x | 1.91x | TL1.13 Million |
| 2015 | 27.48% | 20.94% | 0.81x | 1.61x | TL6.64 Million |
| 2016 | 40.01% | 29.00% | 0.89x | 1.56x | TL18.78 Million |
| 2017 | 35.49% | 36.91% | 0.66x | 1.46x | TL22.57 Million |
| 2018 | 37.51% | 40.05% | 0.61x | 1.53x | TL37.72 Million |
| 2019 | 24.38% | 32.19% | 0.48x | 1.59x | TL26.73 Million |
| 2020 | 22.61% | 33.07% | 0.41x | 1.65x | TL30.44 Million |
| 2021 | 30.11% | 33.67% | 0.53x | 1.68x | TL69.43 Million |
| 2022 | 46.60% | 43.02% | 0.63x | 1.71x | TL243.18 Million |
| 2023 | 23.84% | 11.05% | 1.31x | 1.65x | TL182.98 Million |
| 2024 | 27.28% | 20.16% | 0.89x | 1.52x | TL437.86 Million |
Industry Comparison
This section compares Orge Enerji Elektrik Taahhut AS's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,053,225,334
- Average return on equity (ROE) among peers: 4.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Orge Enerji Elektrik Taahhut AS (ORGE) | TL3.22 Billion | 0.45% | 0.55x | $217.26 Million |
| Anel Elektrik Proje Taahhut ve Ticaret AS (ANELE) | $65.07 Million | 0.00% | 3.08x | $651.70 Million |
| Arsan Tekstil Ticaret ve Sanayi AS (ARSAN) | $67.03 Million | 0.00% | 1.24x | $132.60 Million |
| Birlesim Muhendislik Isitma Sogutma Havalandirma Sanayi & Ticaret Sirketi AS (BRLSM) | $55.83 Million | -15.17% | 5.52x | $97.08 Million |
| ENKA Insaat ve Sanayi AS (ENKAI) | $4.41 Billion | 12.37% | 0.61x | $12.40 Billion |
| Girisim Elektrik Taahhut Ticaret & Sanayi AS (GESAN) | $13.62 Billion | 9.87% | 0.59x | $790.23 Million |
| Nigbas Nigde Beton Sanayi ve Ticaret AS (NIBAS) | $3.82 Million | 0.00% | 4.69x | $5.35 Million |
| Ral Yatirim Holding AS (RALYH) | $13.23 Million | 13.38% | 0.11x | $1.51 Billion |
| Say Yenilenebilir Enerji Ekipmanları Sanayi ve Ticaret Anonim Şirketi (SAYAS) | $16.69 Million | -2.92% | 1.86x | $93.34 Million |
| Yayla Enerji Uretim Turizm ve (YAYLA) | $219.89 Million | 26.43% | 0.26x | $27.79 Million |
About Orge Enerji Elektrik Taahhut AS
Orge Enerji Elektrik Taahhüt Anonim Sirketi provides electricity contracting services in Turkey. It offers electrical contracting services for weak current systems, LV electrical contract works, and MV electrical contract works, as well as construction services. The company was formerly known as ORGE Enerji Sistemleri Insaat Metal Ticaret ve Taahhüt A.S. and changed its name to Orge Enerji Elektr… Read more