Sekuro Plastik Ambalaj Sanayi AS
Sekuro Plastik Ambalaj Sanayi A.S. engages in the manufacture and sale of plastic packaging products in Turkey. The company offers PE air bubble films, such as standard bubble films, opaque protection products, and insulation products. It also provides PE shrink films; PE general packaging films; bag and sheet products; and technical films. The company was incorporated in 1997 and is headquartere… Read more
Sekuro Plastik Ambalaj Sanayi AS (SEKUR) - Net Assets
Latest net assets as of September 2025: TL434.47 Million TRY
Based on the latest financial reports, Sekuro Plastik Ambalaj Sanayi AS (SEKUR) has net assets worth TL434.47 Million TRY as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL1.63 Billion) and total liabilities (TL1.19 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 | TL434.47 Million |
| % of Total Assets | 26.67% |
| Annual Growth Rate | 33.75% |
| 5-Year Change | 402.12% |
| 10-Year Change | 2774.26% |
| Growth Volatility | 41.41 |
Sekuro Plastik Ambalaj Sanayi AS - Net Assets Trend (2010–2024)
This chart illustrates how Sekuro Plastik Ambalaj 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 Sekuro Plastik Ambalaj Sanayi AS (2010–2024)
The table below shows the annual net assets of Sekuro Plastik Ambalaj Sanayi AS from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL430.02 Million | +50.25% |
| 2023-12-31 | TL286.20 Million | +43.82% |
| 2022-12-31 | TL199.00 Million | +30.59% |
| 2021-12-31 | TL152.39 Million | +77.94% |
| 2020-12-31 | TL85.64 Million | +22.07% |
| 2019-12-31 | TL70.16 Million | +123.83% |
| 2018-12-31 | TL31.34 Million | -2.04% |
| 2017-12-31 | TL32.00 Million | +101.81% |
| 2016-12-31 | TL15.85 Million | +5.97% |
| 2015-12-31 | TL14.96 Million | -21.61% |
| 2014-12-31 | TL19.09 Million | +1.04% |
| 2013-12-31 | TL18.89 Million | +66.60% |
| 2012-12-31 | TL11.34 Million | +59.62% |
| 2011-12-31 | TL7.10 Million | -3.11% |
| 2010-12-31 | TL7.33 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sekuro Plastik Ambalaj 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 decreased by 4997468600.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | TL479.55 Million | 111.63% |
| Total Equity | TL429.58 Million | 100.00% |
Sekuro Plastik Ambalaj Sanayi AS Competitors by Market Cap
The table below lists competitors of Sekuro Plastik Ambalaj Sanayi AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
STPDF
PINK:STPDF
|
$16.03 Million |
|
4C Group AB
ST:4C
|
$16.03 Million |
|
PowerBand Solutions Inc
PINK:PWWBF
|
$16.03 Million |
|
Sapmer
PA:ALMER
|
$16.04 Million |
|
Papaya Growth Opportunity Corp I
NASDAQ:PPYA
|
$16.03 Million |
|
R K Swamy Limited
NSE:RKSWAMY
|
$16.03 Million |
|
HOVE A/S DK -10
F:LL0
|
$16.02 Million |
|
Handok Clean Tech Co. Ltd
KQ:256150
|
$16.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sekuro Plastik Ambalaj Sanayi AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 285,727,398 to 429,579,133, a change of 143,851,735 (50.3%).
- Net loss of 16,600,783 reduced equity.
- New share issuances of 112,638,780 increased equity.
- Other factors increased equity by 47,813,738.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-16.60 Million | -3.86% |
| Share Issuances | TL112.64 Million | +26.22% |
| Other Changes | TL47.81 Million | +11.13% |
| Total Change | TL- | 50.35% |
Book Value vs Market Value Analysis
This analysis compares Sekuro Plastik Ambalaj 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: 3.22x
- 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 increased from 2.64x to 3.22x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | TL2.30 | TL6.07 | x |
| 2018-12-31 | TL2.26 | TL6.07 | x |
| 2019-12-31 | TL5.03 | TL6.07 | x |
| 2020-12-31 | TL6.14 | TL6.07 | x |
| 2021-12-31 | TL10.95 | TL6.07 | x |
| 2022-12-31 | TL14.30 | TL6.07 | x |
| 2023-12-31 | TL1.37 | TL6.07 | x |
| 2024-12-31 | TL1.89 | TL6.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sekuro Plastik Ambalaj 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): -3.86%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1.43%
- • Asset Turnover: 0.92x
- • Equity Multiplier: 2.95x
- Recent ROE (-3.86%) is below the historical average (-1.94%), 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 | -0.58% | -0.39% | 0.78x | 1.92x | TL-2.00 Million |
| 2014 | -2.27% | -1.17% | 0.78x | 2.48x | TL-2.34 Million |
| 2015 | -27.48% | -9.16% | 0.91x | 3.30x | TL-5.60 Million |
| 2016 | 5.10% | 1.26% | 1.03x | 3.94x | TL-775.66K |
| 2017 | 11.41% | 4.21% | 0.97x | 2.78x | TL450.36K |
| 2018 | -1.92% | -0.46% | 1.02x | 4.07x | TL-3.74 Million |
| 2019 | 3.27% | 1.51% | 0.84x | 2.57x | TL-4.70 Million |
| 2020 | -2.33% | -1.05% | 0.83x | 2.66x | TL-10.51 Million |
| 2021 | -4.83% | -2.43% | 0.60x | 3.32x | TL-22.55 Million |
| 2022 | 7.92% | 2.68% | 0.78x | 3.79x | TL-4.12 Million |
| 2023 | -7.72% | -3.35% | 0.68x | 3.41x | TL-50.63 Million |
| 2024 | -3.86% | -1.43% | 0.92x | 2.95x | TL-59.56 Million |
Industry Comparison
This section compares Sekuro Plastik Ambalaj Sanayi AS's net assets metrics with peer companies in the Packaging & Containers industry.
Industry Context
- Industry: Packaging & Containers
- Average net assets among peers: $497,948,185
- Average return on equity (ROE) among peers: 8.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sekuro Plastik Ambalaj Sanayi AS (SEKUR) | TL434.47 Million | -0.58% | 2.75x | $16.03 Million |
| Bak Ambalaj Sanayi ve Ticaret AS (BAKAB) | $119.89 Million | 9.02% | 1.70x | $15.52 Million |
| Barem Ambalaj Sanayi ve Ticaret a.s. (BARMA) | $2.75 Billion | 6.04% | 0.97x | $45.38 Million |
| Bantas Bandirma Ambalaj Sanayi ve Ticaret AS (BNTAS) | $99.91 Million | 7.83% | 0.24x | $22.85 Million |
| Duran-Dogan Basim ve Ambalaj Sanayi AS (DURDO) | $6.85 Million | 0.00% | 4.72x | $15.63 Million |
| Eminis Ambalaj Sanayi ve Ticaret AS (EMNIS) | $16.44 Million | 0.00% | 1.20x | $7.33 Million |
| Kaplamin Ambalaj Sanayi ve Ticaret AS (KAPLM) | $47.27 Million | -6.95% | 2.39x | $31.51 Million |
| Kartonsan Karton Sanayi ve Ticaret AS (KARTN) | $189.83 Million | 9.08% | 0.12x | $32.40 Million |
| Mondi Turkey Oluklui Mukavva Kagit ve Ambalaj Sanayi A.S. (MNDTR) | $1.23 Billion | 41.04% | 2.03x | $25.70 Million |
| Ozerden Plastik Sanayi (OZRDN) | $21.25 Million | 11.16% | 0.70x | $24.04 Million |