Verusa Holding AS

IS:VERUS Turkey Specialty Chemicals
Market Cap
$756.02 Million
TL26.81 Billion TRY
Market Cap Rank
#17385 Global
#137 in Turkey
Share Price
TL383.00
Change (1 day)
+1.32%
52-Week Range
TL170.10 - TL514.00
All Time High
TL514.00
Categories
Companies in Turkey Specialty Chemicals
About

Verusa Holding A.S. is a private equity and venture capital firm specializing in recapitalizations, growth capital, restructuring, growth equity, growth stage, and Pre-Initial Public Offering companies. The firm invests in middle market; later stage; mature; turnaround; emerging growth; seed/startup; and early, mid and late venture companies. It typically invests in communication services, inform… Read more

Verusa Holding AS (VERUS) - Net Assets

Latest net assets as of September 2025: TL7.63 Billion TRY

Based on the latest financial reports, Verusa Holding AS (VERUS) has net assets worth TL7.63 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 (TL8.81 Billion) and total liabilities (TL1.18 Billion). 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 TL7.63 Billion
% of Total Assets 86.61%
Annual Growth Rate 78.17%
5-Year Change 801.09%
10-Year Change 2405.55%
Growth Volatility 178.86

Verusa Holding AS - Net Assets Trend (2010–2024)

This chart illustrates how Verusa Holding 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 Verusa Holding AS (2010–2024)

The table below shows the annual net assets of Verusa Holding AS from 2010 to 2024.

Year Net Assets Change
2024-12-31 TL5.37 Billion +2.96%
2023-12-31 TL5.22 Billion +169.52%
2022-12-31 TL1.94 Billion +58.59%
2021-12-31 TL1.22 Billion +104.76%
2020-12-31 TL596.42 Million +47.01%
2019-12-31 TL405.69 Million +24.69%
2018-12-31 TL325.36 Million +22.44%
2017-12-31 TL265.73 Million +11.04%
2016-12-31 TL239.32 Million +11.57%
2015-12-31 TL214.49 Million +68.08%
2014-12-31 TL127.62 Million +5.73%
2013-12-31 TL120.70 Million +129.87%
2012-12-31 TL52.51 Million +298.79%
2011-12-31 TL13.17 Million +696.55%
2010-12-31 TL1.65 Million --

Equity Component Analysis

This analysis shows how different components contribute to Verusa Holding 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 337277231600.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings TL3.37 Billion 88.37%
Other Components TL443.71 Million 11.63%
Total Equity TL3.82 Billion 100.00%

Verusa Holding AS Competitors by Market Cap

The table below lists competitors of Verusa Holding AS ranked by their market capitalization.

Company Market Cap
The Nisshin OilliO GroupLtd.
OTCGREY:NSOMF
 		$121.93 Million
Lucid Diagnostics Inc
NASDAQ:LUCD
 		$121.96 Million
CNNC International Limited
F:U7MA
 		$121.99 Million
Yunnan Yuntou Ecology and Environment Technology Co Ltd
SHE:002200
 		$121.99 Million
Iljin HySolus Co Ltd
KO:271940
 		$121.91 Million
Nautilus Biotechnology Inc
NASDAQ:NAUT
 		$121.90 Million
KANGWON Co. Ltd
KQ:114190
 		$121.90 Million
Symphony International Holdings Limited
PINK:SYNNF
 		$121.88 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Verusa Holding AS's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 3,623,512,176 to 3,816,481,785, a change of 192,969,609 (5.3%).
  • Net income of 445,951,043 contributed positively to equity growth.
  • Dividend payments of 31,044,795 reduced retained earnings.
  • Share repurchases of 139,025,425 reduced equity.
  • Other factors decreased equity by 82,911,214.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income TL445.95 Million +11.68%
Dividends Paid TL31.04 Million -0.81%
Share Repurchases TL139.03 Million -3.64%
Other Changes TL-82.91 Million -2.17%
Total Change TL- 5.33%

Book Value vs Market Value Analysis

This analysis compares Verusa Holding 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: 7.02x
  • 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 132.35x to 7.02x 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 TL2.89 TL383.00 x
2018-12-31 TL3.61 TL383.00 x
2019-12-31 TL4.65 TL383.00 x
2020-12-31 TL6.96 TL383.00 x
2021-12-31 TL13.18 TL383.00 x
2022-12-31 TL20.05 TL383.00 x
2023-12-31 TL51.76 TL383.00 x
2024-12-31 TL54.52 TL383.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Verusa Holding 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): 11.68%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 39.92%
  • • Asset Turnover: 0.19x
  • • Equity Multiplier: 1.53x
  • Recent ROE (11.68%) is below the historical average (17.76%), 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 8.10% 22.48% 0.31x 1.18x TL-2.24 Million
2014 7.37% 19.39% 0.34x 1.13x TL-3.29 Million
2015 26.83% 51.56% 0.36x 1.46x TL29.17 Million
2016 19.39% 39.74% 0.32x 1.51x TL18.88 Million
2017 7.17% 16.19% 0.26x 1.69x TL-5.71 Million
2018 17.40% 45.25% 0.24x 1.60x TL18.60 Million
2019 19.12% 71.32% 0.18x 1.51x TL29.69 Million
2020 28.94% 221.82% 0.08x 1.54x TL92.25 Million
2021 20.92% 158.05% 0.09x 1.45x TL100.75 Million
2022 35.10% 137.61% 0.15x 1.69x TL352.34 Million
2023 11.09% 45.27% 0.15x 1.62x TL39.34 Million
2024 11.68% 39.92% 0.19x 1.53x TL64.30 Million

Industry Comparison

This section compares Verusa Holding AS's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $679,126,325
  • Average return on equity (ROE) among peers: 13.28%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Verusa Holding AS (VERUS) TL7.63 Billion 8.10% 0.15x $121.92 Million
Dinamik Isi Makina Yalitim Malzemeleri Sanayi ve Ticaret AS (DNISI) $31.81 Million 13.96% 0.67x $29.58 Million
DYO Boya Fabrikalari Sanayi ve Ticaret AS (DYOBY) $186.71 Million 10.82% 4.78x $27.16 Million
Gediz Ambalaj Sanayi ve Ticaret AS (GEDZA) $73.72 Million 15.33% 0.44x $24.40 Million
Kalekim Kimyevi Maddeler Sanayi & Ticaret AS (KLKIM) $124.55 Million 18.99% 1.39x $159.82 Million
Kimteks Poliuretan Sanayi ve Ticaret AS (KMPUR) $275.46 Million 29.19% 2.87x $31.51 Million
Koza Polyester Sanayi ve Ticaret A.S. (KOPOL) $266.09 Million 3.66% 2.42x $1.77K
Mega Polietilen Kopuk Sanayi ve Ticaret AS (MEGAP) $13.04 Million 2.15% 0.14x $16.98 Million
Mercan Kimya Sanayi ve Ticaret AS (MERCN) $1.79 Billion -3.35% 0.52x $9.33 Million
Marshall Boya ve Vernik Sanayi AS (MRSHL) $108.72 Million 0.46% 0.62x $335.34 Million
Polisan Holding AS (POLHO) $3.93 Billion 41.57% 0.49x $362.97 Million