Turkiye Sigorta AS Net Assets
Turkiye Sigorta AS net assets. Based on the latest financial reports, Turkiye Sigorta AS (TURSG) has net assets worth TL59.04 Billion TRY (≈ $1.32 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL191.06 Billion ≈ $4.28 Billion USD) and total liabilities (TL132.02 Billion ≈ $2.96 Billion 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. See Turkiye Sigorta AS (TURSG) net asset quality to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | TL59.04 Billion |
| % of Total Assets | 30.9% |
| Annual Growth Rate | 38.26% |
| 5-Year Change | 1112.38% |
| 10-Year Change | 11812.58% |
| Growth Volatility | 70.84 |
Net Assets of Turkiye Sigorta AS (2008–2025)
Net assets of Turkiye Sigorta AS from 2008 to 2025. This chart illustrates how Turkiye Sigorta AS's net assets have evolved over time, based on quarterly financial data. Also explore net asset growth rate of Turkiye Sigorta AS to track the company's year-over-year net asset growth rate.
Annual Net Assets for Turkiye Sigorta AS (2008–2025)
The table below shows the annual net assets of Turkiye Sigorta AS from 2008 to 2025. For live market cap and overall valuation, see Turkiye Sigorta AS market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | TL51.60 Billion ≈ $1.16 Billion |
+79.66% |
| 2024-12-31 | TL28.72 Billion ≈ $643.32 Million |
+99.53% |
| 2023-12-31 | TL14.40 Billion ≈ $322.41 Million |
+150.32% |
| 2022-12-31 | TL5.75 Billion ≈ $128.80 Million |
+35.11% |
| 2021-12-31 | TL4.26 Billion ≈ $95.33 Million |
+23.04% |
| 2020-12-31 | TL3.46 Billion ≈ $77.48 Million |
+168.15% |
| 2019-12-31 | TL1.29 Billion ≈ $28.90 Million |
+60.81% |
| 2018-12-31 | TL802.28 Million ≈ $17.97 Million |
+18.40% |
| 2017-12-31 | TL677.60 Million ≈ $15.18 Million |
+56.42% |
| 2016-12-31 | TL433.20 Million ≈ $9.70 Million |
+231.34% |
| 2015-12-31 | TL130.74 Million ≈ $2.93 Million |
-49.92% |
| 2014-12-31 | TL261.06 Million ≈ $5.85 Million |
+8.78% |
| 2013-12-31 | TL240.00 Million ≈ $5.38 Million |
-1.06% |
| 2012-12-31 | TL242.57 Million ≈ $5.43 Million |
+1.62% |
| 2011-12-31 | TL238.70 Million ≈ $5.35 Million |
-1.49% |
| 2010-12-31 | TL242.32 Million ≈ $5.43 Million |
+21.65% |
| 2009-12-31 | TL199.19 Million ≈ $4.46 Million |
-4.83% |
| 2008-12-31 | TL209.30 Million ≈ $4.69 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Turkiye Sigorta 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 178644.5% over the analyzed period, indicating profitable operations and earnings retention.
Turkiye Sigorta AS Net Assets Breakdown (December 2025)
Turkiye Sigorta AS net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL19.45 Billion | 37.69% |
| Other Components | TL32.15 Billion | 62.31% |
| Total Equity | TL51.60 Billion | 100.00% |
Turkiye Sigorta AS Competitors by Market Cap
The table below lists competitors of Turkiye Sigorta AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GKG Precision Machine Co. Ltd. A
SHE:301338
|
$1.38 Billion |
|
DFDS A/S
CO:DFDS
|
$1.38 Billion |
|
Hubei Zhongyi Science Technology Co. Ltd.
SHE:301150
|
$1.38 Billion |
|
Ethos Technologies Inc. Class A Common Stock
NASDAQ:LIFE
|
$1.38 Billion |
|
Archi Indonesia Tbk PT
JK:ARCI
|
$1.38 Billion |
|
Taysha Gene Therapies Inc
NASDAQ:TSHA
|
$1.38 Billion |
|
Zhejiang Hisoar Pharmaceutical Co Ltd
SHE:002099
|
$1.37 Billion |
|
Dalian Huarui Heavy Industry Group Co Ltd
SHE:002204
|
$1.37 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Turkiye Sigorta AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 28,723,094,440 to 51,604,704,370, a change of 22,881,609,930 (79.7%).
- Net income of 19,527,051,640 contributed positively to equity growth.
- Dividend payments of 2,000,000,000 reduced retained earnings.
- Other factors increased equity by 5,354,558,290.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL19.53 Billion | +37.84% |
| Dividends Paid | TL2.00 Billion | -3.88% |
| Other Changes | TL5.35 Billion | +10.38% |
| Total Change | TL- | 79.66% |
Book Value vs Market Value Analysis
This analysis compares Turkiye Sigorta 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: 0.59x
- 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 2.65x to 0.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | TL1.16 | TL3.07 | x |
| 2009-12-31 | TL1.10 | TL3.07 | x |
| 2010-12-31 | TL1.34 | TL3.07 | x |
| 2011-12-31 | TL1.32 | TL3.07 | x |
| 2012-12-31 | TL0.13 | TL3.07 | x |
| 2013-12-31 | TL0.13 | TL3.07 | x |
| 2014-12-31 | TL0.14 | TL3.07 | x |
| 2015-12-31 | TL0.07 | TL3.07 | x |
| 2016-12-31 | TL0.27 | TL3.07 | x |
| 2017-12-31 | TL2.35 | TL3.07 | x |
| 2018-12-31 | TL3.18 | TL3.07 | x |
| 2019-12-31 | TL1.11 | TL3.07 | x |
| 2020-12-31 | TL2.98 | TL3.07 | x |
| 2021-12-31 | TL0.85 | TL3.07 | x |
| 2022-12-31 | TL1.15 | TL3.07 | x |
| 2023-12-31 | TL2.88 | TL3.07 | x |
| 2024-12-31 | TL2.87 | TL3.07 | x |
| 2025-12-31 | TL5.16 | TL3.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Turkiye Sigorta 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): 37.84%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 20.09%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 3.04x
- Recent ROE (37.84%) is above the historical average (3.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 5.20% | 19.67% | 0.08x | 3.13x | TL-10.05 Million |
| 2009 | -8.44% | -96.01% | 0.03x | 3.50x | TL-36.73 Million |
| 2010 | -13.39% | -6.44% | 0.64x | 3.23x | TL-56.68 Million |
| 2011 | 11.00% | 6.05% | 0.53x | 3.46x | TL2.39 Million |
| 2012 | -5.19% | -2.31% | 0.59x | 3.82x | TL-36.84 Million |
| 2013 | -21.39% | -7.29% | 0.63x | 4.66x | TL-75.32 Million |
| 2014 | 5.67% | 1.89% | 0.63x | 4.73x | TL-11.31 Million |
| 2015 | -122.28% | -18.22% | 0.64x | 10.41x | TL-172.95 Million |
| 2016 | -11.72% | -5.68% | 0.51x | 4.05x | TL-94.08 Million |
| 2017 | 3.91% | 2.51% | 0.49x | 3.20x | TL-41.27 Million |
| 2018 | 1.36% | 0.86% | 0.48x | 3.25x | TL-69.36 Million |
| 2019 | 9.58% | 8.33% | 0.40x | 2.84x | TL-5.45 Million |
| 2020 | 33.33% | 22.63% | 0.47x | 3.11x | TL807.07 Million |
| 2021 | 25.52% | 20.18% | 0.37x | 3.40x | TL660.63 Million |
| 2022 | 16.74% | 9.26% | 0.38x | 4.79x | TL387.33 Million |
| 2023 | 42.97% | 21.44% | 0.38x | 5.30x | TL4.75 Billion |
| 2024 | 44.50% | 19.44% | 0.68x | 3.36x | TL9.91 Billion |
| 2025 | 37.84% | 20.09% | 0.62x | 3.04x | TL14.37 Billion |
Industry Comparison
This section compares Turkiye Sigorta AS's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
No peer company data available for comparison.
About Turkiye Sigorta AS
Türkiye Sigorta A.S. operates as a non-life insurance company in Turkey. It offers auto and non-auto accident, fire, transportation, engineering, health, agriculture, liability, financial losses, credit, and legal protection insurance products. Türkiye Sigorta A.S. was formerly known as Günes Sigorta Anonim Sirketi and changed its name to Türkiye Sigorta A.S. in August 2020. The company was incor… Read more