Alta S.A. (AAT) - Net Assets

Latest as of March 2026: zł203.05 Million PLN ≈ $55.88 Million USD

Based on the latest financial reports, Alta S.A. (AAT) has net assets worth zł203.05 Million PLN (≈ $55.88 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł208.46 Million ≈ $57.37 Million USD) and total liabilities (zł5.42 Million ≈ $1.49 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 Alta S.A. strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł203.05 Million
% of Total Assets	97.4%
Annual Growth Rate	0.25%
5-Year Change	5.75%
10-Year Change	6.97%
Growth Volatility	5.29

Alta S.A. - Net Assets Trend (2007–2025)

This chart illustrates how Alta S.A.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Alta S.A. stock valuation.

Annual Net Assets for Alta S.A. (2007–2025)

The table below shows the annual net assets of Alta S.A. from 2007 to 2025. Also explore net asset momentum of Alta S.A. to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	zł203.69 Million ≈ $56.06 Million	-4.55%
2024-12-31	zł213.41 Million ≈ $58.73 Million	+4.35%
2023-12-31	zł204.52 Million ≈ $56.29 Million	+3.91%
2022-12-31	zł196.82 Million ≈ $54.17 Million	+2.18%
2021-12-31	zł192.62 Million ≈ $53.01 Million	+2.27%
2020-12-31	zł188.35 Million ≈ $51.84 Million	+9.45%
2019-12-31	zł172.09 Million ≈ $47.36 Million	+0.09%
2018-12-31	zł171.94 Million ≈ $47.32 Million	-11.61%
2017-12-31	zł194.54 Million ≈ $53.54 Million	+2.16%
2016-12-31	zł190.42 Million ≈ $52.41 Million	+0.56%
2015-12-31	zł189.35 Million ≈ $52.11 Million	+1.69%
2014-12-31	zł186.21 Million ≈ $51.25 Million	+9.75%
2013-12-31	zł169.67 Million ≈ $46.69 Million	-2.33%
2012-12-31	zł173.71 Million ≈ $47.81 Million	-2.89%
2011-12-31	zł178.87 Million ≈ $49.23 Million	-8.77%
2010-12-31	zł196.05 Million ≈ $53.96 Million	+4.02%
2009-12-31	zł188.48 Million ≈ $51.87 Million	-0.35%
2008-12-31	zł189.13 Million ≈ $52.05 Million	-2.95%
2007-12-31	zł194.87 Million ≈ $53.63 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Alta S.A.'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 3.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł62.93 Million	30.90%
Common Stock	zł15.64 Million	7.68%
Other Comprehensive Income	zł7.60 Million	3.73%
Other Components	zł117.52 Million	57.70%
Total Equity	zł203.69 Million	100.00%

Alta S.A. Competitors by Market Cap

The table below lists competitors of Alta S.A. ranked by their market capitalization.

Company	Market Cap
Muza S.A WAR:MZA	$7.32 Million
Zwahlen et Mayr SA SW:ZWM	$7.32 Million
Adamera Minerals Corp. V:ADZ	$7.32 Million
Iex Group NV AS:IEX	$7.32 Million
Zonte Metals Inc V:ZON	$7.32 Million
IMPIANTI S.P.A. F:F67	$7.31 Million
Nexcom AS CO:NEXCOM	$7.31 Million
Orcoda Ltd AU:ODA	$7.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Alta S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 213,408,000 to 203,694,000, a change of -9,714,000 (-4.6%).
Net loss of 9,962,000 reduced equity.
New share issuances of 219,000 increased equity.
Other comprehensive income decreased equity by 68,686,001.
Other factors increased equity by 68,715,001.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł-9.96 Million	-4.89%
Share Issuances	zł219.00K	+0.11%
Other Comprehensive Income	zł-68.69 Million	-33.72%
Other Changes	zł68.72 Million	+33.73%
Total Change	zł-	-4.55%

Book Value vs Market Value Analysis

This analysis compares Alta S.A.'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: 0.13x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2007-12-31	zł12.80	zł1.70	x
2008-12-31	zł12.45	zł1.70	x
2009-12-31	zł12.43	zł1.70	x
2010-12-31	zł12.90	zł1.70	x
2011-12-31	zł11.75	zł1.70	x
2012-12-31	zł11.41	zł1.70	x
2013-12-31	zł11.14	zł1.70	x
2014-12-31	zł12.24	zł1.70	x
2015-12-31	zł12.45	zł1.70	x
2016-12-31	zł12.20	zł1.70	x
2017-12-31	zł12.38	zł1.70	x
2018-12-31	zł10.87	zł1.70	x
2019-12-31	zł11.55	zł1.70	x
2020-12-31	zł12.42	zł1.70	x
2021-12-31	zł12.65	zł1.70	x
2022-12-31	zł12.66	zł1.70	x
2023-12-31	zł13.21	zł1.70	x
2024-12-31	zł13.75	zł1.70	x
2025-12-31	zł13.02	zł1.70	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Alta S.A. 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): -4.89%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.00%
• Asset Turnover: -0.03x
• Equity Multiplier: 1.02x
Recent ROE (-4.89%) is below the historical average (1.59%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2007	20.61%	191.48%	0.07x	1.58x	zł20.66 Million
2008	-1.54%	-10.40%	0.10x	1.53x	zł-21.85 Million
2009	-0.59%	-4.48%	0.09x	1.52x	zł-20.01 Million
2010	4.32%	35.05%	0.08x	1.53x	zł-11.15 Million
2011	-9.13%	-64.78%	0.09x	1.60x	zł-34.20 Million
2012	-3.02%	-29.11%	0.07x	1.57x	zł-22.60 Million
2013	-2.38%	-22.44%	0.07x	1.55x	zł-20.98 Million
2014	4.76%	152.95%	0.03x	1.01x	zł-9.76 Million
2015	1.66%	63.58%	0.03x	1.01x	zł-15.79 Million
2016	0.48%	14.89%	0.03x	1.03x	zł-18.13 Million
2017	2.05%	242.74%	0.01x	1.03x	zł-15.47 Million
2018	-5.17%	-958.25%	0.01x	1.03x	zł-26.08 Million
2019	0.09%	0.00%	-0.01x	1.03x	zł-17.06 Million
2020	8.86%	87.73%	0.10x	1.01x	zł-2.16 Million
2021	4.11%	79.20%	0.05x	1.04x	zł-11.34 Million
2022	2.13%	64.64%	0.03x	1.00x	zł-15.48 Million
2023	3.71%	70.51%	0.05x	1.00x	zł-12.87 Million
2024	4.15%	62.47%	0.07x	1.01x	zł-12.49 Million
2025	-4.89%	0.00%	-0.03x	1.02x	zł-30.33 Million

Industry Comparison

This section compares Alta S.A.'s net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $198,292,458
Average return on equity (ROE) among peers: 5.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Alta S.A. (AAT)	zł203.05 Million	20.61%	0.03x	$7.32 Million
Magna Polonia SA (06N)	$71.83 Million	-5.98%	0.04x	$9.23 Million
Altustfi (ALI)	$176.62 Million	56.59%	0.24x	$40.09 Million
Capital Partners S.A. (CPA)	$101.82 Million	14.96%	0.16x	$11.89 Million
Caspar (CSR)	$22.10 Million	19.18%	0.44x	$20.22 Million
One SA (FMG)	$13.23 Million	3.98%	0.86x	$5.37 Million
Immobile (GKI)	$93.35 Million	23.21%	0.76x	$98.60 Million
Impera Capital S.A. (IMP)	$59.00 Million	-76.64%	0.56x	$3.02 Million
JR Invest SA (JRH)	$37.60 Million	3.22%	0.47x	$45.71 Million
MCI Management SA (MCI)	$1.21 Billion	11.38%	0.27x	$398.49 Million

About Alta S.A.

WAR:AAT Poland Asset Management

Market Cap

$7.32 Million

zł26.59 Million PLN

Market Cap Rank

#27895 Global

#310 in Poland

Share Price

zł1.70

Change (1 day)

+2.41%

52-Week Range

zł1.38 - zł2.05

All Time High

zł4.36