Vanet Gida Sanayi Ic ve Dis Ticaret AS (VANGD) - Net Assets
Based on the latest financial reports, Vanet Gida Sanayi Ic ve Dis Ticaret AS (VANGD) has net assets worth TL230.11 Million TRY (≈ $5.15 Million USD) 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 ≈ $6.30 Million USD) and total liabilities (TL51.19 Million ≈ $1.15 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 Vanet Gida Sanayi Ic ve Dis Ticaret AS tangible net worth ratio to evaluate the tangible quality of the company's equity base.
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. See how many days can Vanet Gida Sanayi Ic ve Dis Ticaret AS fund operations to measure how many days the company can operate on defensive assets alone.
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. For live valuation and market cap data, see Vanet Gida Sanayi Ic ve Dis Ticaret AS stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | TL188.73 Million ≈ $4.23 Million |
-4.61% |
| 2023-12-31 | TL197.85 Million ≈ $4.43 Million |
+120.39% |
| 2022-12-31 | TL89.77 Million ≈ $2.01 Million |
+75.91% |
| 2021-12-31 | TL51.03 Million ≈ $1.14 Million |
+42.57% |
| 2020-12-31 | TL35.80 Million ≈ $801.76K |
+21.93% |
| 2019-12-31 | TL29.36 Million ≈ $657.53K |
-24.23% |
| 2018-12-31 | TL38.75 Million ≈ $867.84K |
-4.29% |
| 2017-12-31 | TL40.48 Million ≈ $906.72K |
+31.86% |
| 2016-12-31 | TL30.70 Million ≈ $687.66K |
-21.94% |
| 2015-12-31 | TL39.33 Million ≈ $880.90K |
+10.26% |
| 2014-12-31 | TL35.67 Million ≈ $798.89K |
+33.64% |
| 2013-12-31 | TL26.69 Million ≈ $597.79K |
+0.08% |
| 2012-12-31 | TL26.67 Million ≈ $597.32K |
-22.52% |
| 2011-12-31 | TL34.42 Million ≈ $770.92K |
+45.85% |
| 2010-12-31 | TL23.60 Million ≈ $528.56K |
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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 |
|---|---|
|
Urja Global Limited
NSE:URJA
|
$57.51 Million |
|
eMedia Holdings Limited
JSE:EMN
|
$57.51 Million |
|
International Conveyors Limited
NSE:INTLCONV
|
$57.52 Million |
|
Complete Solaria, Inc
NASDAQ:SPWR
|
$57.52 Million |
|
Hil Industries Bhd
KLSE:8443
|
$57.50 Million |
|
JLS Co.Ltd
KQ:040420
|
$57.50 Million |
|
Poujoulat S.A.
PA:ALPJT
|
$57.49 Million |
|
Awale Resources Ltd
V:ARIC
|
$57.48 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: 13.60x
- 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 62.75x to 13.60x 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 | TL102.70 | x |
| 2018-12-31 | TL1.55 | TL102.70 | x |
| 2019-12-31 | TL1.17 | TL102.70 | x |
| 2020-12-31 | TL1.43 | TL102.70 | x |
| 2021-12-31 | TL2.04 | TL102.70 | x |
| 2022-12-31 | TL3.59 | TL102.70 | x |
| 2023-12-31 | TL7.91 | TL102.70 | x |
| 2024-12-31 | TL7.55 | TL102.70 | 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.
No peer company data available for comparison.
About 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.