Europap Tezol Kagit Sanayi Ve Ticaret AS (TEZOL) - Net Assets
Based on the latest financial reports, Europap Tezol Kagit Sanayi Ve Ticaret AS (TEZOL) has net assets worth TL6.04 Billion TRY (≈ $135.31 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL7.60 Billion ≈ $170.20 Million USD) and total liabilities (TL1.56 Billion ≈ $34.89 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 TEZOL intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL6.04 Billion |
| % of Total Assets | 79.5% |
| Annual Growth Rate | 58.31% |
| 5-Year Change | 769.71% |
| 10-Year Change | N/A |
| Growth Volatility | 70.76 |
Europap Tezol Kagit Sanayi Ve Ticaret AS - Net Assets Trend (2018–2025)
This chart illustrates how Europap Tezol Kagit Sanayi Ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of Europap Tezol Kagit Sanayi Ve Ticaret AS to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Europap Tezol Kagit Sanayi Ve Ticaret AS (2018–2025)
The table below shows the annual net assets of Europap Tezol Kagit Sanayi Ve Ticaret AS from 2018 to 2025. For live valuation and market cap data, see TEZOL stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL6.04 Billion ≈ $135.31 Million |
+1.08% |
| 2024-12-31 | TL5.98 Billion ≈ $133.85 Million |
+32.68% |
| 2023-12-31 | TL4.50 Billion ≈ $100.89 Million |
+230.38% |
| 2022-12-31 | TL1.36 Billion ≈ $30.54 Million |
+96.28% |
| 2021-12-31 | TL694.61 Million ≈ $15.56 Million |
+52.88% |
| 2020-12-31 | TL454.36 Million ≈ $10.18 Million |
+34.21% |
| 2019-12-31 | TL338.55 Million ≈ $7.58 Million |
+39.72% |
| 2018-12-31 | TL242.32 Million ≈ $5.43 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Europap Tezol Kagit 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 grown by 1707.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL3.87 Billion | 64.14% |
| Other Components | TL2.17 Billion | 35.86% |
| Total Equity | TL6.04 Billion | 100.00% |
Europap Tezol Kagit Sanayi Ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Europap Tezol Kagit Sanayi Ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Nova Lifestyle I
NASDAQ:NVFY
|
$202.14 Million |
|
HomeToGo SE
XETRA:HTG
|
$202.21 Million |
|
Great China Metal Industry Co Ltd
TW:9905
|
$202.27 Million |
|
Atrys Health SL
MC:ATRY
|
$202.32 Million |
|
Steyr Motors AG
VI:4X0
|
$202.08 Million |
|
Hana Financial 7 SPAC
KQ:230240
|
$202.02 Million |
|
AudioCodes Ltd
TA:AUDC
|
$201.89 Million |
|
Gozde Girisim Sermayesi Yatirim Ortakligi AS
IS:GOZDE
|
$201.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Europap Tezol Kagit Sanayi Ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,976,334,000 to 6,041,145,000, a change of 64,811,000 (1.1%).
- Net income of 183,154,000 contributed positively to equity growth.
- Dividend payments of 56,864,000 reduced retained earnings.
- Other factors decreased equity by 61,479,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL183.15 Million | +3.03% |
| Dividends Paid | TL56.86 Million | -0.94% |
| Other Changes | TL-61.48 Million | -1.02% |
| Total Change | TL- | 1.08% |
Book Value vs Market Value Analysis
This analysis compares Europap Tezol Kagit 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: 1.49x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 32.78x to 1.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | TL0.55 | TL18.05 | x |
| 2019-12-31 | TL1.54 | TL18.05 | x |
| 2020-12-31 | TL1.03 | TL18.05 | x |
| 2021-12-31 | TL3.16 | TL18.05 | x |
| 2022-12-31 | TL6.20 | TL18.05 | x |
| 2023-12-31 | TL9.01 | TL18.05 | x |
| 2024-12-31 | TL11.95 | TL18.05 | x |
| 2025-12-31 | TL12.08 | TL18.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Europap Tezol Kagit 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): 3.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.28%
- • Asset Turnover: 0.74x
- • Equity Multiplier: 1.26x
- Recent ROE (3.03%) is below the historical average (23.61%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 29.15% | 14.81% | 1.20x | 1.64x | TL46.41 Million |
| 2019 | 32.49% | 17.95% | 1.27x | 1.42x | TL76.13 Million |
| 2020 | 30.05% | 21.15% | 0.95x | 1.49x | TL91.12 Million |
| 2021 | 36.72% | 29.04% | 0.70x | 1.80x | TL185.59 Million |
| 2022 | 53.42% | 30.39% | 1.17x | 1.50x | TL592.03 Million |
| 2023 | 0.84% | 0.72% | 0.88x | 1.33x | TL-412.59 Million |
| 2024 | 3.19% | 2.89% | 0.86x | 1.28x | TL-406.91 Million |
| 2025 | 3.03% | 3.28% | 0.74x | 1.26x | TL-420.96 Million |
Industry Comparison
This section compares Europap Tezol Kagit Sanayi Ve Ticaret AS's net assets metrics with peer companies in the Paper & Paper Products industry.
Industry Context
- Industry: Paper & Paper Products
- Average net assets among peers: $2,213,193,628
- Average return on equity (ROE) among peers: 1.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Europap Tezol Kagit Sanayi Ve Ticaret AS (TEZOL) | TL6.04 Billion | 29.15% | 0.26x | $202.14 Million |
| Alkim Kagit Sanayi ve Ticaret AS (ALKA) | $102.72 Million | 4.09% | 0.49x | $161.16 Million |
| Alkim Alkali Kimya AS (ALKIM) | $189.08 Million | 8.76% | 0.45x | $129.01 Million |
| Konya Kagit Sanayi ve Ticaret AS (KONKA) | $6.35 Billion | -7.04% | 0.15x | $131.29 Million |
About Europap Tezol Kagit Sanayi Ve Ticaret AS
Europap Tezol Kagit Sanayi ve Ticaret A.S. produces and sells cleaning papers and paper rolls materials in Turkey. It offers jumbo rolls, napkins, facial tissues, pocket tissues, Z-towel, dispenser towels, toilet papers, and kitchen towels under the Softy, Mare, Ecco Y.D, and Dolce brands as well as private label brands. The company was incorporated in 1969 and is based in Izmir, Turkey.