Pinar Sut Mamulleri Sanayi AS
Pinar Süt Mamülleri Sanayii A.S., through its subsidiaries, processes, produces, and sells milk and dairy products in Turkey. It offers milk, butter, cheese, buttermilk, yoghurts, kefir, ayrans, creams, fruit juices, pudding, and drinks, ketchup, mayonnaise, honey, chocolate topping, jams, mustard, hot and BBQ sauce, whipped cream, milk powder, lemonade, frii, pinar sausage, salami, kavurma, ham,… Read more
Pinar Sut Mamulleri Sanayi AS (PNSUT) - Net Assets
Latest net assets as of December 2025: TL10.95 Billion TRY
Based on the latest financial reports, Pinar Sut Mamulleri Sanayi AS (PNSUT) has net assets worth TL10.95 Billion TRY as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL20.43 Billion) and total liabilities (TL9.48 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 | TL10.95 Billion |
| % of Total Assets | 53.6% |
| Annual Growth Rate | 21.6% |
| 5-Year Change | 461.21% |
| 10-Year Change | 1745.23% |
| Growth Volatility | 37.65 |
Pinar Sut Mamulleri Sanayi AS - Net Assets Trend (2005–2025)
This chart illustrates how Pinar Sut Mamulleri Sanayi 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 Pinar Sut Mamulleri Sanayi AS (2005–2025)
The table below shows the annual net assets of Pinar Sut Mamulleri Sanayi AS from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL10.95 Billion | -8.71% |
| 2024-12-31 | TL11.99 Billion | +23.93% |
| 2023-12-31 | TL9.68 Billion | +143.00% |
| 2022-12-31 | TL3.98 Billion | +104.12% |
| 2021-12-31 | TL1.95 Billion | +83.76% |
| 2020-12-31 | TL1.06 Billion | +18.19% |
| 2019-12-31 | TL898.25 Million | +14.95% |
| 2018-12-31 | TL781.44 Million | +13.22% |
| 2017-12-31 | TL690.17 Million | +16.32% |
| 2016-12-31 | TL593.34 Million | +1.05% |
| 2015-12-31 | TL587.15 Million | +10.92% |
| 2014-12-31 | TL529.34 Million | +10.32% |
| 2013-12-31 | TL479.83 Million | +10.01% |
| 2012-12-31 | TL436.18 Million | -0.63% |
| 2011-12-31 | TL438.96 Million | +14.07% |
| 2010-12-31 | TL384.81 Million | +9.88% |
| 2009-12-31 | TL350.20 Million | +24.23% |
| 2008-12-31 | TL281.91 Million | -2.15% |
| 2007-12-31 | TL288.11 Million | +20.13% |
| 2006-12-31 | TL239.84 Million | +9.41% |
| 2005-12-31 | TL219.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pinar Sut Mamulleri Sanayi 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 5143.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.59 Billion | 41.91% |
| Other Components | TL6.36 Billion | 58.09% |
| Total Equity | TL10.95 Billion | 100.00% |
Pinar Sut Mamulleri Sanayi AS Competitors by Market Cap
The table below lists competitors of Pinar Sut Mamulleri Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dongwon Metal
KO:018500
|
$37.22 Million |
|
Muramoto Electron (Thailand) Public Company Limited
BK:METCO
|
$37.26 Million |
|
NVH Korea Inc
KQ:067570
|
$37.28 Million |
|
MSM Malaysia Holdings Bhd
KLSE:5202
|
$37.28 Million |
|
Redwood Capital Bancorp
OTCQX:RWCB
|
$37.21 Million |
|
Youlife Group Inc. American Depositary Shares
NASDAQ:YOUL
|
$37.20 Million |
|
Thessaloniki Water Supply & Sewerage Co S.A
AT:EYAPS
|
$37.18 Million |
|
Anel Elektrik Proje Taahhut ve Ticaret AS
IS:ANELE
|
$37.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pinar Sut Mamulleri Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 11,992,524,566 to 10,948,457,724, a change of -1,044,066,842 (-8.7%).
- Net loss of 941,748,602 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-941.75 Million | -8.6% |
| Other Changes | TL-102.32 Million | -0.93% |
| Total Change | TL- | -8.71% |
Book Value vs Market Value Analysis
This analysis compares Pinar Sut Mamulleri Sanayi 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: 0.31x
- 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 0.71x to 0.31x 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 | TL15.35 | TL10.88 | x |
| 2018-12-31 | TL17.38 | TL10.88 | x |
| 2019-12-31 | TL19.98 | TL10.88 | x |
| 2020-12-31 | TL23.62 | TL10.88 | x |
| 2021-12-31 | TL43.40 | TL10.88 | x |
| 2022-12-31 | TL88.59 | TL10.88 | x |
| 2023-12-31 | TL30.75 | TL10.88 | x |
| 2024-12-31 | TL38.11 | TL10.88 | x |
| 2025-12-31 | TL34.79 | TL10.88 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pinar Sut Mamulleri Sanayi 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): -8.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.94%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.87x
- Recent ROE (-8.60%) is below the historical average (8.28%), 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 | 10.12% | 6.91% | 0.90x | 1.63x | TL268.90K |
| 2006 | 11.92% | 8.00% | 1.02x | 1.46x | TL4.60 Million |
| 2007 | 13.77% | 8.78% | 1.10x | 1.42x | TL10.85 Million |
| 2008 | 12.13% | 7.08% | 1.14x | 1.50x | TL5.99 Million |
| 2009 | 16.51% | 12.02% | 1.00x | 1.37x | TL22.80 Million |
| 2010 | 15.61% | 10.41% | 1.08x | 1.38x | TL21.60 Million |
| 2011 | 16.61% | 11.20% | 1.04x | 1.43x | TL29.02 Million |
| 2012 | 12.57% | 7.54% | 1.18x | 1.41x | TL11.19 Million |
| 2013 | 14.06% | 8.33% | 1.19x | 1.42x | TL19.46 Million |
| 2014 | 16.45% | 9.26% | 1.21x | 1.47x | TL34.14 Million |
| 2015 | 10.60% | 6.15% | 1.14x | 1.51x | TL3.52 Million |
| 2016 | 10.12% | 5.62% | 1.14x | 1.57x | TL685.71K |
| 2017 | 6.82% | 3.80% | 1.03x | 1.74x | TL-21.93 Million |
| 2018 | 6.30% | 3.31% | 1.07x | 1.78x | TL-28.93 Million |
| 2019 | 3.86% | 2.08% | 1.07x | 1.72x | TL-55.14 Million |
| 2020 | 3.79% | 1.98% | 1.06x | 1.81x | TL-65.97 Million |
| 2021 | 6.01% | 4.38% | 0.79x | 1.74x | TL-77.74 Million |
| 2022 | 9.55% | 6.52% | 0.83x | 1.76x | TL-17.94 Million |
| 2023 | 4.25% | 2.62% | 0.91x | 1.79x | TL-556.53 Million |
| 2024 | -18.47% | -12.53% | 0.75x | 1.95x | TL-3.41 Billion |
| 2025 | -8.60% | -5.94% | 0.78x | 1.87x | TL-2.04 Billion |
Industry Comparison
This section compares Pinar Sut Mamulleri Sanayi AS's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,799,774,932
- Average return on equity (ROE) among peers: 19.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pinar Sut Mamulleri Sanayi AS (PNSUT) | TL10.95 Billion | 10.12% | 0.87x | $37.21 Million |
| Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) | $1.56 Billion | 59.44% | 0.90x | $11.81 Million |
| AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD) | $34.28 Million | 3.64% | 0.71x | $33.52 Million |
| Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT) | $216.06 Million | 27.17% | 1.70x | $36.15 Million |
| Besler Gida Ve Kimya Sanayi ve Ticaret Anonim Sirketi (BESLR) | $12.47 Billion | 12.12% | 1.23x | $61.42 Million |
| Dardanel Onentas Gida Sanayi AS (DARDL) | $119.37 Million | 76.96% | 4.64x | $41.72 Million |
| Dmr Unlu Mamuller Uretim Gida Toptan Perakende Ihracat A.S. (DMRGD) | $3.28 Million | 4.69% | 0.61x | $82.71 Million |
| DURUKAN SEKERLEME (DURKN) | $1.07 Billion | 8.94% | 0.79x | $6.37 Million |
| Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN) | $716.53 Million | 9.05% | 2.97x | $8.46 Million |
| ERSU Meyve ve Gida Sanayi AS (ERSU) | $45.86 Million | -2.25% | 0.35x | $14.90 Million |
| Fade Gida Yatirim Sanayi Ticaret As (FADE) | $1.78 Billion | -3.42% | 0.31x | $13.65 Million |