Vanet Gida Sanayi Ic ve Dis Ticaret AS
Vanet Gida Sanayi Iç Ve Dis Ticaret Anonim Sirketi engages in the production, processing, purchase, and sale of various meat and meat products in Turkey. The company provides sausage, salami, fried meat, bath sujuk, and ham and bacon products. Vanet Gida Sanayi Iç Ve Dis Ticaret Anonim Sirketi was founded in 1977 and is based in Istanbul, Turkey.
Vanet Gida Sanayi Ic ve Dis Ticaret AS (VANGD) - Net Assets
Latest net assets as of September 2025: TL230.11 Million TRY
Based on the latest financial reports, Vanet Gida Sanayi Ic ve Dis Ticaret AS (VANGD) has net assets worth TL230.11 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 (TL281.30 Million) and total liabilities (TL51.19 Million). 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 | TL230.11 Million |
| % of Total Assets | 81.8% |
| Annual Growth Rate | 16.01% |
| 5-Year Change | 427.23% |
| 10-Year Change | 379.87% |
| Growth Volatility | 39.53 |
Vanet Gida Sanayi Ic ve Dis Ticaret AS - Net Assets Trend (2010–2024)
This chart illustrates how Vanet Gida Sanayi Ic ve Dis Ticaret AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Vanet Gida Sanayi Ic ve Dis Ticaret AS (2010–2024)
The table below shows the annual net assets of Vanet Gida Sanayi Ic ve Dis Ticaret AS from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL188.73 Million | -4.61% |
| 2023-12-31 | TL197.85 Million | +120.39% |
| 2022-12-31 | TL89.77 Million | +75.91% |
| 2021-12-31 | TL51.03 Million | +42.57% |
| 2020-12-31 | TL35.80 Million | +21.93% |
| 2019-12-31 | TL29.36 Million | -24.23% |
| 2018-12-31 | TL38.75 Million | -4.29% |
| 2017-12-31 | TL40.48 Million | +31.86% |
| 2016-12-31 | TL30.70 Million | -21.94% |
| 2015-12-31 | TL39.33 Million | +10.26% |
| 2014-12-31 | TL35.67 Million | +33.64% |
| 2013-12-31 | TL26.69 Million | +0.08% |
| 2012-12-31 | TL26.67 Million | -22.52% |
| 2011-12-31 | TL34.42 Million | +45.85% |
| 2010-12-31 | TL23.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vanet Gida Sanayi Ic ve Dis 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 1565089000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | TL15.65 Million | 8.29% |
| Other Components | TL173.08 Million | 91.71% |
| Total Equity | TL188.73 Million | 100.00% |
Vanet Gida Sanayi Ic ve Dis Ticaret AS Competitors by Market Cap
The table below lists competitors of Vanet Gida Sanayi Ic ve Dis Ticaret AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inuvo Inc
NYSE MKT:INUV
|
$28.92 Million |
|
WithTech Inc.
KQ:348350
|
$28.92 Million |
|
Horizon Gold Ltd
AU:HRN
|
$28.95 Million |
|
RMX Industries, Inc.
OTCQB:RMXI
|
$28.95 Million |
|
Datavault AI Inc.
NASDAQ:DVLT
|
$28.92 Million |
|
Experience Co Ltd
AU:EXP
|
$28.91 Million |
|
HAMMONIA Schiffsholding AG
HM:HHX
|
$28.90 Million |
|
MICROLISE GROUP LS-001
F:2DI
|
$28.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vanet Gida Sanayi Ic ve Dis Ticaret AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 197,852,291 to 188,733,515, a change of -9,118,776 (-4.6%).
- Net loss of 9,106,172 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | TL-9.11 Million | -4.82% |
| Other Changes | TL-12.60K | -0.01% |
| Total Change | TL- | -4.61% |
Book Value vs Market Value Analysis
This analysis compares Vanet Gida Sanayi Ic ve Dis 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: 9.32x
- 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 42.98x to 9.32x 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 | TL1.64 | TL70.35 | x |
| 2018-12-31 | TL1.55 | TL70.35 | x |
| 2019-12-31 | TL1.17 | TL70.35 | x |
| 2020-12-31 | TL1.43 | TL70.35 | x |
| 2021-12-31 | TL2.04 | TL70.35 | x |
| 2022-12-31 | TL3.59 | TL70.35 | x |
| 2023-12-31 | TL7.91 | TL70.35 | x |
| 2024-12-31 | TL7.55 | TL70.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vanet Gida Sanayi Ic ve Dis 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): -4.82%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.40%
- • Asset Turnover: 0.64x
- • Equity Multiplier: 1.18x
- Recent ROE (-4.82%) is below the historical average (1.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 4.16% | 16.14% | 0.20x | 1.30x | TL-1.56 Million |
| 2014 | 11.66% | 41.67% | 0.22x | 1.27x | TL591.00K |
| 2015 | -4.01% | -32.76% | 0.11x | 1.16x | TL-5.51 Million |
| 2016 | -27.98% | -132.68% | 0.13x | 1.57x | TL-11.66 Million |
| 2017 | 4.78% | 321.83% | 0.01x | 1.44x | TL-2.11 Million |
| 2018 | 1.24% | 14.60% | 0.07x | 1.16x | TL-3.39 Million |
| 2019 | -31.91% | -150.33% | 0.18x | 1.16x | TL-12.30 Million |
| 2020 | 18.01% | 75.03% | 0.21x | 1.16x | TL2.87 Million |
| 2021 | 29.86% | 120.68% | 0.21x | 1.17x | TL10.13 Million |
| 2022 | 43.19% | 157.56% | 0.23x | 1.20x | TL29.79 Million |
| 2023 | -25.95% | -35.53% | 0.64x | 1.15x | TL-71.13 Million |
| 2024 | -4.82% | -6.40% | 0.64x | 1.18x | TL-27.98 Million |
Industry Comparison
This section compares Vanet Gida Sanayi Ic ve Dis Ticaret AS's net assets metrics with peer companies in the Food Distribution industry.
Industry Context
- Industry: Food Distribution
- Average net assets among peers: $690,557,395
- Average return on equity (ROE) among peers: 20.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Vanet Gida Sanayi Ic ve Dis Ticaret AS (VANGD) | TL230.11 Million | 4.16% | 0.22x | $28.92 Million |
| Kuvva Gida Ticaret ve Sanayi Yatirimlari A.S. (KUVVA) | $690.56 Million | 20.24% | 0.29x | $107.13 Million |