Tukas Gida Sanayi ve Ticaret AS (TUKAS) - Net Assets
Based on the latest financial reports, Tukas Gida Sanayi ve Ticaret AS (TUKAS) has net assets worth TL17.45 Billion TRY (≈ $390.74 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 (TL26.86 Billion ≈ $601.70 Million USD) and total liabilities (TL9.42 Billion ≈ $210.97 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 how resilient are Tukas Gida Sanayi ve Ticaret AS's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL17.45 Billion |
| % of Total Assets | 64.94% |
| Annual Growth Rate | -20.8% |
| 5-Year Change | 2285.05% |
| 10-Year Change | 12687.18% |
| Growth Volatility | 107.46 |
Tukas Gida Sanayi ve Ticaret AS - Net Assets Trend (2000–2025)
This chart illustrates how Tukas Gida Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. Also explore Tukas Gida Sanayi ve Ticaret AS balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Tukas Gida Sanayi ve Ticaret AS (2000–2025)
The table below shows the annual net assets of Tukas Gida Sanayi ve Ticaret AS from 2000 to 2025. For live valuation and market cap data, see TUKAS stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL17.45 Billion ≈ $390.74 Million |
+18.06% |
| 2024-12-31 | TL14.78 Billion ≈ $330.95 Million |
+37.55% |
| 2023-12-31 | TL10.74 Billion ≈ $240.60 Million |
+409.36% |
| 2022-12-31 | TL2.11 Billion ≈ $47.24 Million |
+188.33% |
| 2021-12-31 | TL731.45 Million ≈ $16.38 Million |
+33.36% |
| 2020-12-31 | TL548.49 Million ≈ $12.28 Million |
+95.62% |
| 2019-12-31 | TL280.38 Million ≈ $6.28 Million |
+60.61% |
| 2018-12-31 | TL174.58 Million ≈ $3.91 Million |
+23.70% |
| 2017-12-31 | TL141.13 Million ≈ $3.16 Million |
+3.44% |
| 2016-12-31 | TL136.43 Million ≈ $3.06 Million |
+12.22% |
| 2015-12-31 | TL121.58 Million ≈ $2.72 Million |
+72.36% |
| 2014-12-31 | TL70.54 Million ≈ $1.58 Million |
+78.22% |
| 2013-12-31 | TL39.58 Million ≈ $886.49K |
-50.29% |
| 2012-12-31 | TL79.62 Million ≈ $1.78 Million |
+67.46% |
| 2011-12-31 | TL47.54 Million ≈ $1.06 Million |
-37.66% |
| 2010-12-31 | TL76.26 Million ≈ $1.71 Million |
+1.19% |
| 2009-12-31 | TL75.37 Million ≈ $1.69 Million |
+161.61% |
| 2008-12-31 | TL28.81 Million ≈ $645.27K |
-33.46% |
| 2007-12-31 | TL43.30 Million ≈ $969.79K |
-100.00% |
| 2000-12-31 | TL5.94 Trillion ≈ $133.14 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to Tukas Gida 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 96.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL4.72 Billion | 27.05% |
| Other Components | TL12.73 Billion | 72.95% |
| Total Equity | TL17.45 Billion | 100.00% |
Tukas Gida Sanayi ve Ticaret AS Competitors by Market Cap
The table below lists competitors of Tukas Gida Sanayi ve Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bicycle Therapeutics Ltd
NASDAQ:BCYC
|
$257.14 Million |
|
Saha-Union Public Company Limited
BK:SUC
|
$257.15 Million |
|
Al Aqar Healthcare Reit
KLSE:5116
|
$257.17 Million |
|
Villeroy & Boch AG
XETRA:VIB3
|
$257.19 Million |
|
Zhonglu Co Ltd A
SHG:600818
|
$256.98 Million |
|
Allspring Multi Sector Income Fund
NYSE MKT:ERC
|
$256.97 Million |
|
PLINTAS
KLSE:5320
|
$256.84 Million |
|
KYE Systems Corp
TW:2365
|
$256.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tukas Gida Sanayi ve Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 14,776,466,619 to 17,445,570,074, a change of 2,669,103,455 (18.1%).
- Net income of 512,290,950 contributed positively to equity growth.
- New share issuances of 287,513,417 increased equity.
- Other factors increased equity by 1,869,299,088.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL512.29 Million | +2.94% |
| Share Issuances | TL287.51 Million | +1.65% |
| Other Changes | TL1.87 Billion | +10.72% |
| Total Change | TL- | 18.06% |
Book Value vs Market Value Analysis
This analysis compares Tukas Gida 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: 0.66x
- 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 4.93x to 0.66x 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 | TL0.52 | TL2.55 | x |
| 2018-12-31 | TL0.64 | TL2.55 | x |
| 2019-12-31 | TL1.03 | TL2.55 | x |
| 2020-12-31 | TL2.01 | TL2.55 | x |
| 2021-12-31 | TL2.68 | TL2.55 | x |
| 2022-12-31 | TL4.30 | TL2.55 | x |
| 2023-12-31 | TL2.39 | TL2.55 | x |
| 2024-12-31 | TL3.28 | TL2.55 | x |
| 2025-12-31 | TL3.88 | TL2.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tukas Gida 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): 2.94%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.89%
- • Asset Turnover: 0.32x
- • Equity Multiplier: 1.54x
- Recent ROE (2.94%) is below the historical average (13.80%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 9.91% | 2.59% | 0.94x | 4.07x | TL-40.00K |
| 2010 | 1.13% | 0.69% | 0.74x | 2.22x | TL-6.76 Million |
| 2014 | -62.11% | -41.25% | 0.51x | 2.94x | TL-50.87 Million |
| 2015 | 31.22% | 23.35% | 0.60x | 2.24x | TL25.80 Million |
| 2016 | 11.16% | 7.51% | 0.69x | 2.16x | TL1.58 Million |
| 2017 | 4.46% | 2.68% | 0.64x | 2.62x | TL-7.82 Million |
| 2018 | 20.41% | 9.51% | 0.61x | 3.54x | TL18.17 Million |
| 2019 | 38.23% | 16.72% | 0.79x | 2.88x | TL79.15 Million |
| 2020 | 23.32% | 15.57% | 0.66x | 2.28x | TL73.05 Million |
| 2021 | 24.89% | 17.10% | 0.69x | 2.10x | TL108.95 Million |
| 2022 | 65.15% | 34.39% | 1.01x | 1.88x | TL1.16 Billion |
| 2023 | 15.60% | 17.86% | 0.66x | 1.31x | TL601.75 Million |
| 2024 | 6.92% | 11.43% | 0.43x | 1.41x | TL-455.10 Million |
| 2025 | 2.94% | 5.89% | 0.32x | 1.54x | TL-1.23 Billion |
Industry Comparison
This section compares Tukas Gida Sanayi ve Ticaret AS's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $835,257,970
- Average return on equity (ROE) among peers: 4.56%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tukas Gida Sanayi ve Ticaret AS (TUKAS) | TL17.45 Billion | 9.91% | 0.54x | $257.01 Million |
| Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP) | $1.56 Billion | 59.44% | 0.90x | $161.93 Million |
| AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD) | $1.06 Billion | 2.31% | 0.64x | $30.48 Million |
| Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT) | $218.87 Million | -45.54% | 3.80x | $347.24 Million |
| Dardanel Onentas Gida Sanayi AS (DARDL) | $-280.59 Million | 0.00% | 0.00x | $119.19 Million |
| Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN) | $2.68 Billion | -8.28% | 0.79x | $81.57 Million |
| ERSU Meyve ve Gida Sanayi AS (ERSU) | $20.13 Million | 2.04% | 0.17x | $20.24 Million |
| Fade Gida Yatirim Sanayi Ticaret As (FADE) | $158.54 Million | 21.77% | 0.53x | $28.94 Million |
| Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO) | $20.53 Million | 18.08% | 2.43x | $58.57 Million |
| Goknur Gida Maddeleri Enerji Imalati Ithalat Ihracat Ticaret ve Sanayi A.S. (GOKNR) | $2.94 Billion | -4.22% | 1.71x | $171.99 Million |
| Kerevitas Gida Sanayi ve Ticaret AS (KERVT) | $-21.31 Million | 0.00% | 0.00x | $212.77 Million |
About Tukas Gida Sanayi ve Ticaret AS
Tukas Gida Sanayi ve Ticaret A.S., together with its subsidiaries, manufactures and sells food products in Turkey and internationally. The company offers tomato and pepper pastes, grated tomatoes, pasta sauces, spreads, and condiments; roasted and canned products; boiled products; and pickles, ready to serve foods, jams, and olives, as well as catering products. It sells its products under the Tu… Read more