Ulusoy Un Sanayi ve Ticaret AS (ULUUN) - Net Assets

Latest as of March 2026: TL16.50 Billion TRY ≈ $369.66 Million USD

Based on the latest financial reports, Ulusoy Un Sanayi ve Ticaret AS (ULUUN) has net assets worth TL16.50 Billion TRY (≈ $369.66 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL47.63 Billion ≈ $1.07 Billion USD) and total liabilities (TL31.13 Billion ≈ $697.18 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 ULUUN goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	TL16.50 Billion
% of Total Assets	34.65%
Annual Growth Rate	52.52%
5-Year Change	1955.28%
10-Year Change	8239.19%
Growth Volatility	89.29

Ulusoy Un Sanayi ve Ticaret AS - Net Assets Trend (2011–2025)

This chart illustrates how Ulusoy Un Sanayi ve Ticaret AS's net assets have evolved over time, based on quarterly financial data. See Ulusoy Un Sanayi ve Ticaret AS (ULUUN) liquidity interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Ulusoy Un Sanayi ve Ticaret AS (2011–2025)

The table below shows the annual net assets of Ulusoy Un Sanayi ve Ticaret AS from 2011 to 2025. For live valuation and market cap data, see ULUUN market cap overview.

Year	Net Assets	Change
2025-12-31	TL14.97 Billion ≈ $335.21 Million	+0.95%
2024-12-31	TL14.83 Billion ≈ $332.05 Million	+45.21%
2023-12-31	TL10.21 Billion ≈ $228.67 Million	+262.67%
2022-12-31	TL2.82 Billion ≈ $63.05 Million	+286.58%
2021-12-31	TL728.20 Million ≈ $16.31 Million	+89.38%
2020-12-31	TL384.51 Million ≈ $8.61 Million	+40.69%
2019-12-31	TL273.29 Million ≈ $6.12 Million	+12.24%
2018-12-31	TL243.49 Million ≈ $5.45 Million	+24.44%
2017-12-31	TL195.67 Million ≈ $4.38 Million	+9.03%
2016-12-31	TL179.47 Million ≈ $4.02 Million	+5.72%
2015-12-31	TL169.77 Million ≈ $3.80 Million	+4.22%
2014-12-31	TL162.89 Million ≈ $3.65 Million	+86.39%
2013-12-31	TL87.39 Million ≈ $1.96 Million	+85.14%
2012-12-31	TL47.20 Million ≈ $1.06 Million	+16.34%
2011-12-31	TL40.57 Million ≈ $908.75K	--

Equity Component Analysis

This analysis shows how different components contribute to Ulusoy Un 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 450331245100.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	TL4.50 Billion	32.84%
Other Components	TL9.21 Billion	67.16%
Total Equity	TL13.71 Billion	100.00%

Ulusoy Un Sanayi ve Ticaret AS Competitors by Market Cap

The table below lists competitors of Ulusoy Un Sanayi ve Ticaret AS ranked by their market capitalization.

Company	Market Cap
Southern Steel Bhd KLSE:5665	$146.98 Million
Net Insight AB (publ) ST:NETI-B	$147.00 Million
Centrum Medyczne ENEL-MED SA WAR:ENE	$147.10 Million
7C Solarparken AG XETRA:HRPK	$147.16 Million
NRC Group ASA OL:NRC	$146.94 Million
JF Technology BHD KLSE:0146	$146.86 Million
Multi Spunindo Jaya Tbk. JK:MSJA	$146.83 Million
Suryamas Dutamakmur Tbk JK:SMDM	$146.80 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Ulusoy Un Sanayi ve Ticaret AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 13,544,787,941 to 13,712,020,381, a change of 167,232,440 (1.2%).
Net loss of 130,938,459 reduced equity.
Other factors increased equity by 298,170,899.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	TL-130.94 Million	-0.95%
Other Changes	TL298.17 Million	+2.17%
Total Change	TL-	1.23%

Book Value vs Market Value Analysis

This analysis compares Ulusoy Un 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: 0.48x
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 8.34x to 0.48x 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	TL1.05	TL8.75	x
2018-12-31	TL1.33	TL8.75	x
2019-12-31	TL1.47	TL8.75	x
2020-12-31	TL2.01	TL8.75	x
2021-12-31	TL3.81	TL8.75	x
2022-12-31	TL14.74	TL8.75	x
2023-12-31	TL12.79	TL8.75	x
2024-12-31	TL18.06	TL8.75	x
2025-12-31	TL18.28	TL8.75	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ulusoy Un 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): -0.95%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -0.20%
• Asset Turnover: 1.49x
• Equity Multiplier: 3.27x
Recent ROE (-0.95%) is below the historical average (7.65%), 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	8.71%	1.54%	1.87x	3.03x	TL-2.10 Million
2015	4.89%	0.81%	2.05x	2.96x	TL-8.67 Million
2016	8.24%	1.28%	2.03x	3.17x	TL-3.15 Million
2017	8.48%	0.92%	2.11x	4.38x	TL-2.97 Million
2018	8.18%	0.67%	2.88x	4.25x	TL-4.44 Million
2019	9.88%	0.88%	2.38x	4.69x	TL-334.03K
2020	11.26%	1.00%	2.60x	4.35x	TL4.83 Million
2021	19.17%	1.50%	2.52x	5.07x	TL66.78 Million
2022	25.32%	3.49%	2.02x	3.59x	TL431.38 Million
2023	-9.77%	-1.64%	1.93x	3.09x	TL-1.90 Billion
2024	-1.56%	-0.33%	1.54x	3.06x	TL-1.57 Billion
2025	-0.95%	-0.20%	1.49x	3.27x	TL-1.50 Billion

Industry Comparison

This section compares Ulusoy Un 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: $707,486,129
Average return on equity (ROE) among peers: 2.87%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ulusoy Un Sanayi ve Ticaret AS (ULUUN)	TL16.50 Billion	8.71%	1.89x	$146.98 Million
Atakey Patates Gida Sanayi ve Ticaret A.S. (ATAKP)	$3.07 Billion	9.64%	0.33x	$167.52 Million
AVOD Kurutulmus Gida ve Tarim Urunleri Sanayi Ticaret AS (AVOD)	$12.75 Million	9.56%	1.14x	$26.43 Million
Banvit Bandirma Vitaminli Yem Sanayi AS (BANVT)	$218.87 Million	-45.54%	3.80x	$378.61 Million
Dardanel Onentas Gida Sanayi AS (DARDL)	$-361.84 Million	0.00%	0.00x	$107.64 Million
Eksun Gida Tarim Sanayi ve Ticaret A.S. (EKSUN)	$2.62 Billion	-34.69%	1.45x	$89.37 Million
ERSU Meyve ve Gida Sanayi AS (ERSU)	$294.49 Million	-3.76%	0.29x	$20.59 Million
Fade Gida Yatirim Sanayi Ticaret As (FADE)	$423.38 Million	41.75%	0.35x	$31.12 Million
Frigo-Pak Gida Maddeleri Sanayi ve Ticaret AS (FRIGO)	$31.50 Million	36.29%	1.81x	$11.42 Million
Goknur Gida Maddeleri Enerji Imalati Ithalat Ihracat Ticaret ve Sanayi A.S. (GOKNR)	$817.82 Million	15.46%	2.72x	$207.11 Million
Kerevitas Gida Sanayi ve Ticaret AS (KERVT)	$-52.24 Million	0.00%	0.00x	$212.77 Million

About Ulusoy Un Sanayi ve Ticaret AS

IS:ULUUN Turkey Packaged Foods

Market Cap

$146.98 Million

TL6.56 Billion TRY

Market Cap Rank

#17805 Global

#242 in Turkey

Share Price

TL8.75

Change (1 day)

-0.68%

52-Week Range

TL6.37 - TL10.33

All Time High

TL10.33