Turk Prysmian Kablo ve Sistemleri AS (PRKAB) - Net Assets
Based on the latest financial reports, Turk Prysmian Kablo ve Sistemleri AS (PRKAB) has net assets worth TL868.77 Million TRY (≈ $19.46 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL9.49 Billion ≈ $212.66 Million USD) and total liabilities (TL8.63 Billion ≈ $193.20 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. Also explore Turk Prysmian Kablo ve Sistemleri AS balance sheet assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL868.77 Million |
| % of Total Assets | 9.15% |
| Annual Growth Rate | -35.31% |
| 5-Year Change | 107.19% |
| 10-Year Change | 453.3% |
| Growth Volatility | 40.75 |
Turk Prysmian Kablo ve Sistemleri AS - Net Assets Trend (2001–2025)
This chart illustrates how Turk Prysmian Kablo ve Sistemleri AS's net assets have evolved over time, based on quarterly financial data. Check PRKAB tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Turk Prysmian Kablo ve Sistemleri AS (2001–2025)
The table below shows the annual net assets of Turk Prysmian Kablo ve Sistemleri AS from 2001 to 2025. For live valuation and market cap data, see market value of Turk Prysmian Kablo ve Sistemleri AS.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL907.39 Million ≈ $20.32 Million |
-21.54% |
| 2024-12-31 | TL1.16 Billion ≈ $25.90 Million |
-24.69% |
| 2023-12-31 | TL1.54 Billion ≈ $34.40 Million |
+153.91% |
| 2022-12-31 | TL604.83 Million ≈ $13.55 Million |
+38.10% |
| 2021-12-31 | TL437.96 Million ≈ $9.81 Million |
+8.52% |
| 2020-12-31 | TL403.57 Million ≈ $9.04 Million |
+8.97% |
| 2019-12-31 | TL370.34 Million ≈ $8.29 Million |
+37.55% |
| 2018-12-31 | TL269.24 Million ≈ $6.03 Million |
+14.59% |
| 2017-12-31 | TL234.97 Million ≈ $5.26 Million |
+43.27% |
| 2016-12-31 | TL164.00 Million ≈ $3.67 Million |
+7.01% |
| 2015-12-31 | TL153.25 Million ≈ $3.43 Million |
+10.40% |
| 2014-12-31 | TL138.81 Million ≈ $3.11 Million |
+2.44% |
| 2013-12-31 | TL135.51 Million ≈ $3.04 Million |
+1.67% |
| 2012-12-31 | TL133.29 Million ≈ $2.99 Million |
+3.40% |
| 2011-12-31 | TL128.91 Million ≈ $2.89 Million |
+2.63% |
| 2010-12-31 | TL125.60 Million ≈ $2.81 Million |
-4.37% |
| 2009-12-31 | TL131.34 Million ≈ $2.94 Million |
-6.22% |
| 2008-12-31 | TL140.05 Million ≈ $3.14 Million |
+7.81% |
| 2007-12-31 | TL129.91 Million ≈ $2.91 Million |
+12.80% |
| 2006-12-31 | TL115.17 Million ≈ $2.58 Million |
+4.82% |
| 2005-12-31 | TL109.88 Million ≈ $2.46 Million |
-3.69% |
| 2004-12-31 | TL114.09 Million ≈ $2.56 Million |
+1.53% |
| 2003-12-31 | TL112.36 Million ≈ $2.52 Million |
-100.00% |
| 2002-12-31 | TL45.33 Trillion ≈ $1.02 Trillion |
+44.06% |
| 2001-12-31 | TL31.47 Trillion ≈ $704.81 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Turk Prysmian Kablo ve Sistemleri 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL4.12 Billion | 454.03% |
| Total Equity | TL907.39 Million | 100.00% |
Turk Prysmian Kablo ve Sistemleri AS Competitors by Market Cap
The table below lists competitors of Turk Prysmian Kablo ve Sistemleri AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Venu Holding Corporation
NYSE MKT:VENU
|
$164.11 Million |
|
Eagle High Plantations Tbk
JK:BWPT
|
$164.13 Million |
|
DYNACOR GROUP INC.
F:OA5
|
$164.19 Million |
|
SPML Infra Limited
NSE:SPMLINFRA
|
$164.28 Million |
|
GeneOne Life Science Inc
KO:011000
|
$164.07 Million |
|
Jinzhou Port Co Ltd A
SHG:600190
|
$164.05 Million |
|
Athens Medical C.S.A.
AT:IATR
|
$163.93 Million |
|
Graphisoft Park SE Real Estate Development European Company Limited
F:GUV
|
$163.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turk Prysmian Kablo ve Sistemleri AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,156,566,389 to 907,394,499, a change of -249,171,890 (-21.5%).
- Net loss of 268,243,670 reduced equity.
- Other factors increased equity by 19,071,780.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-268.24 Million | -29.56% |
| Other Changes | TL19.07 Million | +2.1% |
| Total Change | TL- | -21.54% |
Book Value vs Market Value Analysis
This analysis compares Turk Prysmian Kablo ve Sistemleri 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: 8.07x
- 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 25.98x to 8.07x 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 | TL1.31 | TL33.96 | x |
| 2018-12-31 | TL1.51 | TL33.96 | x |
| 2019-12-31 | TL1.72 | TL33.96 | x |
| 2020-12-31 | TL1.87 | TL33.96 | x |
| 2021-12-31 | TL2.03 | TL33.96 | x |
| 2022-12-31 | TL2.80 | TL33.96 | x |
| 2023-12-31 | TL7.12 | TL33.96 | x |
| 2024-12-31 | TL5.36 | TL33.96 | x |
| 2025-12-31 | TL4.21 | TL33.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turk Prysmian Kablo ve Sistemleri 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): -29.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.66%
- • Asset Turnover: 2.24x
- • Equity Multiplier: 7.96x
- Recent ROE (-29.56%) is below the historical average (0.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 2.74% | 0.51% | 1.75x | 3.04x | TL-9.36 Million |
| 2012 | 5.78% | 1.14% | 1.60x | 3.18x | TL-5.62 Million |
| 2013 | 6.75% | 1.11% | 1.39x | 4.35x | TL-4.41 Million |
| 2014 | 8.51% | 1.23% | 1.50x | 4.62x | TL-2.07 Million |
| 2015 | 9.03% | 1.40% | 1.50x | 4.29x | TL-1.49 Million |
| 2016 | 12.34% | 2.12% | 1.42x | 4.08x | TL3.84 Million |
| 2017 | 3.47% | 0.69% | 1.44x | 3.49x | TL-15.35 Million |
| 2018 | 14.31% | 2.81% | 1.53x | 3.34x | TL11.61 Million |
| 2019 | 9.71% | 2.46% | 1.65x | 2.40x | TL-1.06 Million |
| 2020 | 10.51% | 2.35% | 1.70x | 2.63x | TL2.06 Million |
| 2021 | 9.30% | 1.26% | 1.41x | 5.21x | TL-3.06 Million |
| 2022 | 31.41% | 2.64% | 1.87x | 6.36x | TL129.52 Million |
| 2023 | -8.17% | -0.70% | 2.14x | 5.47x | TL-278.98 Million |
| 2024 | -82.32% | -5.08% | 2.61x | 6.21x | TL-1.07 Billion |
| 2025 | -29.56% | -1.66% | 2.24x | 7.96x | TL-358.98 Million |
Industry Comparison
This section compares Turk Prysmian Kablo ve Sistemleri AS's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $2,358,680,359
- Average return on equity (ROE) among peers: -1.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Turk Prysmian Kablo ve Sistemleri AS (PRKAB) | TL868.77 Million | 2.74% | 9.93x | $164.09 Million |
| Astor Enerji AS (ASTOR) | $12.24 Billion | 54.25% | 0.53x | $6.95 Billion |
| EKOS (EKOS) | $808.55 Million | 9.61% | 1.13x | $136.21 Million |
| EMEK Elektrik Endustrisi AS (EMKEL) | $32.90 Million | -56.26% | 4.93x | $61.68 Million |
| Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. (EUPWR) | $5.30 Billion | 14.42% | 0.55x | $1.14 Billion |
| Gersan Elektrik Ticaret ve Sanayi AS (GEREL) | $14.07 Million | 0.00% | 0.29x | $359.56 Million |
| Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) | $136.83 Million | 17.03% | 1.27x | $86.42 Million |
| SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) | $17.01 Million | -26.40% | 1.42x | $30.69 Million |
| Ulusoy Elektrik Imalat (ULUSE) | $316.84 Million | -23.48% | 3.06x | $524.10 Million |
About Turk Prysmian Kablo ve Sistemleri AS
Türk Prysmian Kablo ve Sistemleri Anonim Sirketi manufactures and sells cables in Turkey and internationally. It offers energy, telecommunication, copper conductor communication, optical fiber, railway signalization, studio broadcast, and special cables, as well as conductors, machinery, apparatus, tools and equipment, spare parts and accessories, and asset monitoring systems and electronics unde… Read more