SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS
San-el Mühendislik Elektrik Taahhüt Sanayi ve Ticaret A.S. designs, manufactures, and sells electrical panels in Turkey. It offers LV panel, LV harmonic filter, MV compensation and harmonic filter, SVC flicker compensation, and weak current systems, as well as OG metal clad cells. The company engages in distribution of control panels related activities. San-el Mühendislik Elektrik Taahhüt Sanayi … Read more
SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) - Net Assets
Latest net assets as of March 2025: TL215.73 Million TRY
Based on the latest financial reports, SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) has net assets worth TL215.73 Million TRY as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL455.76 Million) and total liabilities (TL240.03 Million). 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 | TL215.73 Million |
| % of Total Assets | 47.33% |
| Annual Growth Rate | 28.52% |
| 5-Year Change | 884.77% |
| 10-Year Change | 411.83% |
| Growth Volatility | 188.67 |
SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS - Net Assets Trend (2010–2024)
This chart illustrates how SAN-EL Muhendislik Elektrik Taahhut Sanayi ve 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 SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (2010–2024)
The table below shows the annual net assets of SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL115.18 Million | +679.39% |
| 2023-12-31 | TL14.78 Million | -56.86% |
| 2022-12-31 | TL34.26 Million | +291.63% |
| 2021-12-31 | TL8.75 Million | -25.21% |
| 2020-12-31 | TL11.70 Million | -52.52% |
| 2019-12-31 | TL24.63 Million | +44.82% |
| 2018-12-31 | TL17.01 Million | -23.67% |
| 2017-12-31 | TL22.28 Million | +0.22% |
| 2016-12-31 | TL22.23 Million | -1.20% |
| 2015-12-31 | TL22.50 Million | -0.04% |
| 2014-12-31 | TL22.51 Million | -6.32% |
| 2013-12-31 | TL24.03 Million | +166.15% |
| 2012-12-31 | TL9.03 Million | +71.02% |
| 2011-12-31 | TL5.28 Million | +53.85% |
| 2010-12-31 | TL3.43 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SAN-EL Muhendislik Elektrik Taahhut Sanayi ve 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 decreased by 6125.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL236.64 Million | 694.33% |
| Total Equity | TL34.08 Million | 100.00% |
SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alisa Pankki Oyj
HE:ALISA
|
$15.10 Million |
|
Fortress Income Fund Ltd
JSE:FFB
|
$15.10 Million |
|
Enproserve Group Berhad
KLSE:0367
|
$15.10 Million |
|
WOLFTANK-ADISA HLDG O.N.
F:WAH
|
$15.10 Million |
|
Essar Shipping Limited
NSE:ESSARSHPNG
|
$15.09 Million |
|
Laser Photonics Corporation Common Stock
NASDAQ:LASE
|
$15.09 Million |
|
VARIOUS EATERIES LS -01
F:63U
|
$15.08 Million |
|
Klaria Pharma Holding AB
ST:KLAR
|
$15.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -7,275,087 to 34,082,420, a change of 41,357,507.
- Net income of 36,021,780 contributed positively to equity growth.
- Other factors increased equity by 5,335,727.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL36.02 Million | +105.69% |
| Other Changes | TL5.34 Million | +15.66% |
| Total Change | TL- | % |
Book Value vs Market Value Analysis
This analysis compares SAN-EL Muhendislik Elektrik Taahhut Sanayi ve 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: 18.85x
- 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 28.84x to 18.85x 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 | TL1.22 | TL35.20 | x |
| 2018-12-31 | TL0.93 | TL35.20 | x |
| 2019-12-31 | TL1.18 | TL35.20 | x |
| 2020-12-31 | TL0.46 | TL35.20 | x |
| 2021-12-31 | TL0.26 | TL35.20 | x |
| 2022-12-31 | TL1.08 | TL35.20 | x |
| 2023-12-31 | TL-0.40 | TL35.20 | x |
| 2024-12-31 | TL1.87 | TL35.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SAN-EL Muhendislik Elektrik Taahhut Sanayi ve 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): 105.69%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.39%
- • Asset Turnover: 0.70x
- • Equity Multiplier: 9.26x
- Recent ROE (105.69%) is above the historical average (-13.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 12.74% | 6.36% | 1.10x | 1.83x | TL616.28K |
| 2015 | 2.37% | 1.14% | 1.35x | 1.54x | TL-1.72 Million |
| 2016 | 1.52% | 0.84% | 0.92x | 1.96x | TL-1.89 Million |
| 2017 | 0.23% | 0.11% | 0.75x | 2.95x | TL-2.18 Million |
| 2018 | -26.40% | -8.05% | 1.35x | 2.42x | TL-6.19 Million |
| 2019 | 14.73% | 14.62% | 0.45x | 2.24x | TL1.02 Million |
| 2020 | -99.87% | -32.93% | 0.63x | 4.78x | TL-9.25 Million |
| 2021 | -81.07% | -16.90% | 0.58x | 8.20x | TL-4.38 Million |
| 2022 | -82.94% | -25.59% | 0.72x | 4.47x | TL-18.39 Million |
| 2023 | 0.00% | -23.51% | 0.82x | 0.00x | TL-32.15 Million |
| 2024 | 105.69% | 16.39% | 0.70x | 9.26x | TL32.61 Million |
Industry Comparison
This section compares SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret 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: $407,311,617
- Average return on equity (ROE) among peers: 18.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) | TL215.73 Million | 12.74% | 1.11x | $15.09 Million |
| Alves Kablo San As (ALVES) | $651.06 Million | 31.24% | 1.69x | $24.66 Million |
| Astor Enerji AS (ASTOR) | $1.10 Billion | 47.12% | 1.90x | $550.72 Million |
| EKOS (EKOS) | $157.40 Million | 13.05% | 1.77x | $21.38 Million |
| EMEK Elektrik Endustrisi AS (EMKEL) | $57.84 Million | 5.37% | 1.69x | $58.43 Million |
| Europower Enerji ve Otomasyon Teknolojileri Sanayi Ticaret A.S. (EUPWR) | $104.85 Million | 47.42% | 1.27x | $547.62 Million |
| Gersan Elektrik Ticaret ve Sanayi AS (GEREL) | $132.47 Million | 5.28% | 2.55x | $175.60 Million |
| Manas Enerji Yonetimi Sanayi & Ticaret AS (MANAS) | $510.76 Million | 7.71% | 0.67x | $76.38 Million |
| MEGA METAL (MEGMT) | $822.93 Million | 9.93% | 3.33x | $118.73 Million |
| Turk Prysmian Kablo ve Sistemleri AS (PRKAB) | $129.91 Million | 0.00% | 1.09x | $40.27 Million |