Enter Air Sp. z o.o
Enter Air S.A. operates as a charter airline company in Europe. The company also offers production planning, technical documentation and records, material logistics, and compliance and security, and professional aircraft maintenance and services. In addition, the company provides advertising services, comprising inflight sales magazine, advertising on the outside of the plane, logo on tables, log… Read more
Enter Air Sp. z o.o (10N) - Net Assets
Latest net assets as of September 2025: €590.76 Million EUR
Based on the latest financial reports, Enter Air Sp. z o.o (10N) has net assets worth €590.76 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€3.35 Billion) and total liabilities (€2.76 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 | €590.76 Million |
| % of Total Assets | 17.62% |
| Annual Growth Rate | 6.02% |
| 5-Year Change | 68.15% |
| 10-Year Change | N/A |
| Growth Volatility | 55.38 |
Enter Air Sp. z o.o - Net Assets Trend (2016–2024)
This chart illustrates how Enter Air Sp. z o.o's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Enter Air Sp. z o.o (2016–2024)
The table below shows the annual net assets of Enter Air Sp. z o.o from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €346.67 Million | -3.10% |
| 2023-12-31 | €357.75 Million | +121.77% |
| 2022-12-31 | €161.32 Million | +81.16% |
| 2021-12-31 | €89.05 Million | -56.81% |
| 2020-12-31 | €206.16 Million | -42.98% |
| 2019-12-31 | €361.60 Million | +13.59% |
| 2018-12-31 | €318.35 Million | +21.54% |
| 2017-12-31 | €261.93 Million | +20.60% |
| 2016-12-31 | €217.19 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Enter Air Sp. z o.o'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 354.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €210.60 Million | 60.85% |
| Other Components | €135.51 Million | 39.15% |
| Total Equity | €346.12 Million | 100.00% |
Enter Air Sp. z o.o Competitors by Market Cap
The table below lists competitors of Enter Air Sp. z o.o ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Feintool International Holding AG
PINK:FEIOF
|
$107.69 Million |
|
Tongda Smart Tech (Xiamen) Co. Ltd. A
SHE:001368
|
$107.70 Million |
|
Bait Vegag Real Estate Development Ltd
TA:BVGG
|
$107.76 Million |
|
Korea Asset In Trust Co Ltd
KO:123890
|
$107.76 Million |
|
SIS LIMITED
NSE:SIS
|
$107.59 Million |
|
Foresight Financial
OTCQX:FGFH
|
$107.56 Million |
|
Bapcor Ltd
AU:BAP
|
$107.46 Million |
|
Reconnaissance Energy Africa Ltd
OTCQX:RECAF
|
$107.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Enter Air Sp. z o.o's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 357,754,000 to 346,117,000, a change of -11,637,000 (-3.3%).
- Net income of 65,566,000 contributed positively to equity growth.
- Dividend payments of 77,192,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €65.57 Million | +18.94% |
| Dividends Paid | €77.19 Million | -22.3% |
| Other Changes | €-11.00K | -0.0% |
| Total Change | €- | -3.25% |
Book Value vs Market Value Analysis
This analysis compares Enter Air Sp. z o.o'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: 0.62x
- 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 0.83x to 0.62x 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 | €14.93 | €12.32 | x |
| 2018-12-31 | €18.15 | €12.32 | x |
| 2019-12-31 | €20.61 | €12.32 | x |
| 2020-12-31 | €11.75 | €12.32 | x |
| 2021-12-31 | €5.08 | €12.32 | x |
| 2022-12-31 | €9.20 | €12.32 | x |
| 2023-12-31 | €20.39 | €12.32 | x |
| 2024-12-31 | €19.73 | €12.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Enter Air Sp. z o.o 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): 18.94%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.24%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 7.83x
- Recent ROE (18.94%) is above the historical average (0.23%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 23.10% | 6.19% | 1.13x | 3.30x | €28.45 Million |
| 2017 | 22.29% | 6.11% | 1.11x | 3.27x | €32.20 Million |
| 2018 | 20.81% | 5.11% | 1.09x | 3.75x | €34.42 Million |
| 2019 | 23.50% | 5.26% | 0.93x | 4.78x | €48.83 Million |
| 2020 | -74.75% | -32.75% | 0.28x | 8.30x | €-174.73 Million |
| 2021 | -131.52% | -10.45% | 0.64x | 19.62x | €-126.02 Million |
| 2022 | 44.80% | 3.20% | 1.22x | 11.47x | €56.14 Million |
| 2023 | 54.91% | 7.48% | 1.23x | 5.97x | €160.66 Million |
| 2024 | 18.94% | 2.24% | 1.08x | 7.83x | €30.95 Million |
Industry Comparison
This section compares Enter Air Sp. z o.o's net assets metrics with peer companies in the Airlines industry.
Industry Context
- Industry: Airlines
- Average net assets among peers: $755,415,000
- Average return on equity (ROE) among peers: 9.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Enter Air Sp. z o.o (10N) | €590.76 Million | 23.10% | 4.68x | $107.59 Million |
| Air Astana Joint Stock Company (7YH) | $394.53 Million | 13.38% | 3.60x | $607.05 Million |
| M2A0 (M2A0) | $1.12 Billion | 5.79% | 1.48x | $7.39 Million |