Ulusoy Elektrik Imalat

IS:ULUSE Turkey Electrical Equipment & Parts
Market Cap
$419.83 Million
TL14.89 Billion TRY
Market Cap Rank
#24193 Global
#356 in Turkey
Share Price
TL186.10
Change (1 day)
+1.75%
52-Week Range
TL122.10 - TL236.80
All Time High
TL369.20
About

Ulusoy Elektrik Imalat Taahhüt ve Ticaret A.S. manufactures and sells electrical equipment for medium voltage power distribution networks and industrial plants in Turkey. It offers metal enclosed modular, metal clad, and gas insulated switchgears; and compact transformer substations, medium voltage distribution transformers and switchgear components, and medium voltage cable accessories. The comp… Read more

Ulusoy Elektrik Imalat (ULUSE) - Net Assets

Latest net assets as of September 2025: TL167.47 Million TRY

Based on the latest financial reports, Ulusoy Elektrik Imalat (ULUSE) has net assets worth TL167.47 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 (TL6.21 Billion) and total liabilities (TL6.04 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 TL167.47 Million
% of Total Assets 2.7%
Annual Growth Rate 17.92%
5-Year Change -27.84%
10-Year Change 170.71%
Growth Volatility 49.73

Ulusoy Elektrik Imalat - Net Assets Trend (2011–2024)

This chart illustrates how Ulusoy Elektrik Imalat's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Ulusoy Elektrik Imalat (2011–2024)

The table below shows the annual net assets of Ulusoy Elektrik Imalat from 2011 to 2024.

Year Net Assets Change
2024-12-31 TL288.99 Million -64.27%
2023-12-31 TL808.89 Million +127.42%
2022-12-31 TL355.68 Million +12.26%
2021-12-31 TL316.84 Million -20.89%
2020-12-31 TL400.51 Million +2.53%
2019-12-31 TL390.62 Million +29.34%
2018-12-31 TL302.01 Million +48.15%
2017-12-31 TL203.86 Million +51.11%
2016-12-31 TL134.91 Million +26.37%
2015-12-31 TL106.75 Million -8.58%
2014-12-31 TL116.78 Million -0.85%
2013-12-31 TL117.78 Million +101.31%
2012-12-31 TL58.51 Million +72.64%
2011-12-31 TL33.89 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ulusoy Elektrik Imalat'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 5548.1% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Other Components TL958.34 Million 329.57%
Total Equity TL290.79 Million 100.00%

Ulusoy Elektrik Imalat Competitors by Market Cap

The table below lists competitors of Ulusoy Elektrik Imalat ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ulusoy Elektrik Imalat's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 811,986,306 to 290,790,118, a change of -521,196,188 (-64.2%).
  • Net loss of 723,061,472 reduced equity.
  • Other factors increased equity by 201,865,284.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL-723.06 Million -248.65%
Other Changes TL201.87 Million +69.42%
Total Change TL- -64.19%

Book Value vs Market Value Analysis

This analysis compares Ulusoy Elektrik Imalat'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: 51.20x
  • 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 72.98x to 51.20x 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 TL2.55 TL186.10 x
2018-12-31 TL3.78 TL186.10 x
2019-12-31 TL4.88 TL186.10 x
2020-12-31 TL5.01 TL186.10 x
2021-12-31 TL3.96 TL186.10 x
2022-12-31 TL4.45 TL186.10 x
2023-12-31 TL10.15 TL186.10 x
2024-12-31 TL3.63 TL186.10 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ulusoy Elektrik Imalat 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): -248.65%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -14.60%
  • • Asset Turnover: 1.10x
  • • Equity Multiplier: 15.53x
  • Recent ROE (-248.65%) is below the historical average (-13.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2014 39.36% 25.86% 1.22x 1.25x TL34.15 Million
2015 12.85% 9.46% 0.96x 1.42x TL3.03 Million
2016 26.99% 16.00% 1.20x 1.41x TL22.95 Million
2017 42.67% 19.94% 1.53x 1.39x TL66.65 Million
2018 41.65% 22.27% 1.51x 1.24x TL95.67 Million
2019 23.15% 18.58% 0.94x 1.33x TL51.38 Million
2020 1.88% 1.14% 1.00x 1.65x TL-32.55 Million
2021 -23.46% -7.79% 0.74x 4.05x TL-106.13 Million
2022 16.66% 2.62% 1.27x 5.02x TL23.74 Million
2023 -81.06% -10.53% 1.31x 5.86x TL-739.40 Million
2024 -248.65% -14.60% 1.10x 15.53x TL-752.14 Million

Industry Comparison

This section compares Ulusoy Elektrik Imalat's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $368,281,380
  • Average return on equity (ROE) among peers: 14.07%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ulusoy Elektrik Imalat (ULUSE) TL167.47 Million 39.36% 36.08x $26.48 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
SAN-EL Muhendislik Elektrik Taahhut Sanayi ve Ticaret AS (SANEL) $17.01 Million -26.40% 1.42x $15.09 Million