Verusaturk Girisim Sermayesi

IS:VERTU Turkey Asset Management
Market Cap
$56.88 Million
TL2.02 Billion TRY
Market Cap Rank
#26415 Global
#437 in Turkey
Share Price
TL39.00
Change (1 day)
+0.36%
52-Week Range
TL29.14 - TL62.50
All Time High
TL62.50
About

Verusaturk Girisim Sermayesi Yatirim Ortakligi A.S. is a private equity and venture capital firm specializing in bridge financing, recapitalizations, and growth capital investments. It prefers to invest in incubation, seed, early-mid-late venture, emerging growth, middle market, mature, turnaround, and later stage companies. The firm typically invests in following sectors: renewable energy, telec… Read more

Verusaturk Girisim Sermayesi (VERTU) - Net Assets

Latest net assets as of September 2025: TL5.02 Billion TRY

Based on the latest financial reports, Verusaturk Girisim Sermayesi (VERTU) has net assets worth TL5.02 Billion TRY as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (TL5.03 Billion) and total liabilities (TL10.84 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 TL5.02 Billion
% of Total Assets 99.78%
Annual Growth Rate 44.54%
5-Year Change 920.58%
10-Year Change 2889.08%
Growth Volatility 90.28

Verusaturk Girisim Sermayesi - Net Assets Trend (2012–2024)

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

Annual Net Assets for Verusaturk Girisim Sermayesi (2012–2024)

The table below shows the annual net assets of Verusaturk Girisim Sermayesi from 2012 to 2024.

Year Net Assets Change
2024-12-31 TL3.71 Billion -4.36%
2023-12-31 TL3.88 Billion +5.42%
2022-12-31 TL3.68 Billion +143.39%
2021-12-31 TL1.51 Billion +315.92%
2020-12-31 TL363.99 Million +100.39%
2019-12-31 TL181.65 Million +11.66%
2018-12-31 TL162.68 Million +7.38%
2017-12-31 TL151.50 Million +15.39%
2016-12-31 TL131.30 Million +5.65%
2015-12-31 TL124.28 Million +109.93%
2014-12-31 TL59.20 Million +7.89%
2013-12-31 TL54.87 Million +22.82%
2012-12-31 TL44.68 Million --

Equity Component Analysis

This analysis shows how different components contribute to Verusaturk Girisim Sermayesi'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 9274.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL2.87 Billion 77.33%
Other Components TL842.00 Million 22.67%
Total Equity TL3.71 Billion 100.00%

Verusaturk Girisim Sermayesi Competitors by Market Cap

The table below lists competitors of Verusaturk Girisim Sermayesi ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Verusaturk Girisim Sermayesi's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,884,286,673 to 3,714,805,578, a change of -169,481,095 (-4.4%).
  • Net loss of 182,202,417 reduced equity.
  • Dividend payments of 10,742,703 reduced retained earnings.
  • New share issuances of 23,464,025 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL-182.20 Million -4.9%
Dividends Paid TL10.74 Million -0.29%
Share Issuances TL23.46 Million +0.63%
Total Change TL- -4.36%

Book Value vs Market Value Analysis

This analysis compares Verusaturk Girisim Sermayesi'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: 0.54x
  • 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 13.39x to 0.54x 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 TL2.91 TL39.00 x
2018-12-31 TL3.13 TL39.00 x
2019-12-31 TL3.49 TL39.00 x
2020-12-31 TL7.14 TL39.00 x
2021-12-31 TL29.11 TL39.00 x
2022-12-31 TL70.86 TL39.00 x
2023-12-31 TL75.40 TL39.00 x
2024-12-31 TL71.82 TL39.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Verusaturk Girisim Sermayesi 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): -4.90%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 0.00%
  • • Asset Turnover: 0.00x
  • • Equity Multiplier: 1.00x
  • Recent ROE (-4.90%) is below the historical average (13.39%), 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 7.32% 82.14% 0.07x 1.22x TL-1.59 Million
2015 26.72% 176.19% 0.13x 1.18x TL20.77 Million
2016 17.23% 148.47% 0.11x 1.07x TL9.49 Million
2017 16.59% 1374.96% 0.01x 1.03x TL9.99 Million
2018 9.52% 37.77% 0.25x 1.00x TL-784.92K
2019 17.17% 90.38% 0.19x 1.00x TL13.02 Million
2020 49.93% 6704.51% 0.01x 1.03x TL145.34 Million
2021 76.13% 0.00% 0.00x 1.02x TL1.00 Billion
2022 59.05% 0.00% 0.00x 1.02x TL1.81 Billion
2023 -127.45% -3118.41% 0.04x 1.11x TL-5.34 Billion
2024 -4.90% 0.00% 0.00x 1.00x TL-553.68 Million

Industry Comparison

This section compares Verusaturk Girisim Sermayesi's net assets metrics with peer companies in the Asset Management industry.

Industry Context

  • Industry: Asset Management
  • Average net assets among peers: $72,955,853
  • Average return on equity (ROE) among peers: 1.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Verusaturk Girisim Sermayesi (VERTU) TL5.02 Billion 7.32% 0.00x $16.34 Million
Avrupa Yatirim Holding AS (AVHOL) $82.79 Million 3.07% 0.31x $24.42 Million
Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR) $66.61 Million 0.00% 0.08x $14.99 Million
Birikim Varlik Yonetim A.S. (BRKVY) $70.24 Million 8.16% 2.34x $34.74 Million
Cosmos Yatirim Holding AS (COSMO) $11.34 Million 2.96% 1.20x $21.13 Million
Dagi Yatirim Holding AS (DAGHL) $9.85 Million 6.60% 0.01x $198.92 Million
Denge Yatirim Holding AS (DENGE) $3.74 Million 0.00% 0.27x $31.39 Million
Euro Trend Yatirim Ortakligi AS (ETYAT) $66.92 Million -31.05% 0.14x $11.41 Million
Euro Kapital Yatirim Ortakligi AS (EUKYO) $23.32 Million 0.58% 0.03x $9.29 Million
Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO) $10.02 Million 0.00% 0.01x $9.69 Million
Gelecek Varlik Yonetimi AS (GLCVY) $384.74 Million 27.29% 2.30x $48.73 Million