Verusaturk Girisim Sermayesi (VERTU) - Net Assets

Latest as of September 2025: TL5.02 Billion TRY ≈ $112.37 Million USD

Based on the latest financial reports, Verusaturk Girisim Sermayesi (VERTU) has net assets worth TL5.02 Billion TRY (≈ $112.37 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 (TL5.03 Billion ≈ $112.61 Million USD) and total liabilities (TL10.84 Million ≈ $242.80K 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 Verusaturk Girisim Sermayesi liquidity resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore Verusaturk Girisim Sermayesi asset portfolio for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Verusaturk Girisim Sermayesi (VERTU) market capitalisation.

Year	Net Assets	Change
2024-12-31	TL3.71 Billion ≈ $83.20 Million	-4.36%
2023-12-31	TL3.88 Billion ≈ $87.00 Million	+5.42%
2022-12-31	TL3.68 Billion ≈ $82.53 Million	+143.39%
2021-12-31	TL1.51 Billion ≈ $33.91 Million	+315.92%
2020-12-31	TL363.99 Million ≈ $8.15 Million	+100.39%
2019-12-31	TL181.65 Million ≈ $4.07 Million	+11.66%
2018-12-31	TL162.68 Million ≈ $3.64 Million	+7.38%
2017-12-31	TL151.50 Million ≈ $3.39 Million	+15.39%
2016-12-31	TL131.30 Million ≈ $2.94 Million	+5.65%
2015-12-31	TL124.28 Million ≈ $2.78 Million	+109.93%
2014-12-31	TL59.20 Million ≈ $1.33 Million	+7.89%
2013-12-31	TL54.87 Million ≈ $1.23 Million	+22.82%
2012-12-31	TL44.68 Million ≈ $1.00 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.

Company	Market Cap
Manomay Tex India Limited NSE:MANOMAY	$45.92 Million
R K Swamy Limited NSE:RKSWAMY	$45.93 Million
Glaston Oyj Abp HE:GLA1V	$45.94 Million
Heidmar Maritime Holdings Corp. Common Stock NASDAQ:HMR	$45.94 Million
Granprade JSE:GPL	$45.89 Million
Star Comgistic Capital Co Ltd TW:4930	$45.87 Million
Tong Herr Resources Bhd KLSE:5010	$45.87 Million
RAIZ Invest Ltd AU:RZI	$45.86 Million

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: 0.55x
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 13.60x to 0.55x 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	TL39.62	x
2018-12-31	TL3.13	TL39.62	x
2019-12-31	TL3.49	TL39.62	x
2020-12-31	TL7.14	TL39.62	x
2021-12-31	TL29.11	TL39.62	x
2022-12-31	TL70.86	TL39.62	x
2023-12-31	TL75.40	TL39.62	x
2024-12-31	TL71.82	TL39.62	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: $150,246,930
Average return on equity (ROE) among peers: -15.44%

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	$45.90 Million
Avrupa Yatirim Holding AS (AVHOL)	$201.11 Million	3.23%	0.44x	$32.52 Million
Avrasya Petrol ve Turistik Tesisler Yatirimlar AS (AVTUR)	$859.08 Million	0.65%	0.18x	$19.32 Million
Cosmos Yatirim Holding AS (COSMO)	$48.40 Million	-9.27%	2.48x	$31.13 Million
Dagi Yatirim Holding AS (DAGHL)	$9.92 Million	7.55%	0.01x	$268.77 Million
Denge Yatirim Holding AS (DENGE)	$29.92 Million	-180.45%	0.76x	$33.94 Million
Euro Trend Yatirim Ortakligi AS (ETYAT)	$24.49 Million	7.77%	0.03x	$3.59 Million
Euro Kapital Yatirim Ortakligi AS (EUKYO)	$24.60 Million	5.38%	0.02x	$3.36 Million
Euro Menkul Kiymet Yatirim Ortakligi AS (EUYO)	$25.33 Million	7.46%	0.02x	$2.64 Million
Gelecek Varlik Yonetimi AS (GLCVY)	$267.19 Million	3.29%	3.43x	$206.04 Million
Guler Yatirim Holding AS (GLRYH)	$12.44 Million	0.00%	0.15x	$53.49 Million

About Verusaturk Girisim Sermayesi

IS:VERTU Turkey Asset Management

Market Cap

$45.90 Million

TL2.05 Billion TRY

Market Cap Rank

#22213 Global

#387 in Turkey

Share Price

TL39.62

Change (1 day)

-0.05%

52-Week Range

TL29.14 - TL62.50

All Time High

TL62.50