AB S.A. (ABE) - Net Assets
Based on the latest financial reports, AB S.A. (ABE) has net assets worth zł1.62 Billion PLN (≈ $445.26 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł4.80 Billion ≈ $1.32 Billion USD) and total liabilities (zł3.18 Billion ≈ $876.52 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. Also explore ABE current and non-current assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.62 Billion |
| % of Total Assets | 33.69% |
| Annual Growth Rate | 18.74% |
| 5-Year Change | 54.01% |
| 10-Year Change | 161.57% |
| Growth Volatility | 35.25 |
AB S.A. - Net Assets Trend (2005–2025)
This chart illustrates how AB S.A.'s net assets have evolved over time, based on quarterly financial data. Check AB S.A. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for AB S.A. (2005–2025)
The table below shows the annual net assets of AB S.A. from 2005 to 2025. For live valuation and market cap data, see AB S.A. market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł1.53 Billion ≈ $420.70 Million |
+9.80% |
| 2024-12-31 | zł1.39 Billion ≈ $383.15 Million |
+7.61% |
| 2022-12-31 | zł1.29 Billion ≈ $356.05 Million |
+13.10% |
| 2021-12-31 | zł1.14 Billion ≈ $314.80 Million |
+15.24% |
| 2020-12-31 | zł992.55 Million ≈ $273.16 Million |
+16.74% |
| 2019-12-31 | zł850.25 Million ≈ $234.00 Million |
+7.60% |
| 2018-12-31 | zł790.20 Million ≈ $217.48 Million |
+9.93% |
| 2017-12-31 | zł718.82 Million ≈ $197.83 Million |
+8.30% |
| 2016-12-31 | zł663.75 Million ≈ $182.67 Million |
+13.57% |
| 2015-12-31 | zł584.42 Million ≈ $160.84 Million |
+12.43% |
| 2014-12-31 | zł519.82 Million ≈ $143.06 Million |
+12.06% |
| 2013-12-31 | zł463.88 Million ≈ $127.67 Million |
+10.27% |
| 2012-12-31 | zł420.68 Million ≈ $115.78 Million |
+10.09% |
| 2011-12-31 | zł382.10 Million ≈ $105.16 Million |
+14.54% |
| 2010-12-31 | zł333.58 Million ≈ $91.81 Million |
+17.62% |
| 2009-12-31 | zł283.62 Million ≈ $78.06 Million |
+7.48% |
| 2008-12-31 | zł263.89 Million ≈ $72.63 Million |
+30.87% |
| 2007-12-31 | zł201.64 Million ≈ $55.50 Million |
+165.68% |
| 2006-12-31 | zł75.90 Million ≈ $20.89 Million |
+54.03% |
| 2005-12-31 | zł49.27 Million ≈ $13.56 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to AB 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 9731.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł593.13 Million | 38.80% |
| Other Components | zł935.50 Million | 61.20% |
| Total Equity | zł1.53 Billion | 100.00% |
AB S.A. Competitors by Market Cap
The table below lists competitors of AB S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Dexus Convenience Retail REIT
AU:DXC
|
$599.20 Million |
|
Wuhan Hvsen Biotechnology Co Ltd
SHE:300871
|
$599.41 Million |
|
Semen Indonesia Persero Tbk
JK:SMGR
|
$599.91 Million |
|
Atlantic China Welding Consumables Inc
SHG:600558
|
$600.26 Million |
|
Mengtian Home Group Inc.
SHG:603216
|
$598.94 Million |
|
Canny Elevator Co Ltd
SHE:002367
|
$598.85 Million |
|
Wesure Global Tech Ltd
TA:WESR
|
$598.77 Million |
|
Recticel
BR:RECT
|
$598.73 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,392,181,000 to 1,528,635,000, a change of 136,454,000 (9.8%).
- Net income of 173,863,000 contributed positively to equity growth.
- Dividend payments of 47,362,000 reduced retained earnings.
- Share repurchases of 9,479,000 reduced equity.
- Other comprehensive income decreased equity by 703,623,000.
- Other factors increased equity by 723,055,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł173.86 Million | +11.37% |
| Dividends Paid | zł47.36 Million | -3.1% |
| Share Repurchases | zł9.48 Million | -0.62% |
| Other Comprehensive Income | zł-703.62 Million | -46.03% |
| Other Changes | zł723.05 Million | +47.3% |
| Total Change | zł- | 9.80% |
Book Value vs Market Value Analysis
This analysis compares AB 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: 1.43x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 28.49x to 1.43x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | zł4.88 | zł139.00 | x |
| 2006-12-31 | zł7.23 | zł139.00 | x |
| 2007-12-31 | zł14.84 | zł139.00 | x |
| 2008-12-31 | zł16.45 | zł139.00 | x |
| 2009-12-31 | zł17.52 | zł139.00 | x |
| 2010-12-31 | zł20.66 | zł139.00 | x |
| 2011-12-31 | zł23.60 | zł139.00 | x |
| 2012-12-31 | zł25.98 | zł139.00 | x |
| 2013-12-31 | zł28.66 | zł139.00 | x |
| 2014-12-31 | zł32.11 | zł139.00 | x |
| 2015-12-31 | zł36.10 | zł139.00 | x |
| 2016-12-31 | zł41.00 | zł139.00 | x |
| 2017-12-31 | zł44.41 | zł139.00 | x |
| 2018-12-31 | zł48.82 | zł139.00 | x |
| 2019-12-31 | zł52.52 | zł139.00 | x |
| 2020-12-31 | zł61.32 | zł139.00 | x |
| 2021-12-31 | zł70.66 | zł139.00 | x |
| 2022-12-31 | zł81.55 | zł139.00 | x |
| 2024-12-31 | zł87.90 | zł139.00 | x |
| 2025-12-31 | zł97.26 | zł139.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB 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): 11.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.16%
- • Asset Turnover: 3.54x
- • Equity Multiplier: 2.76x
- Recent ROE (11.37%) is above the historical average (11.30%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 12.24% | 0.61% | 3.34x | 5.98x | zł1.11 Million |
| 2006 | 12.70% | 0.78% | 3.46x | 4.69x | zł2.05 Million |
| 2007 | 8.49% | 0.57% | 4.81x | 3.10x | zł-3.04 Million |
| 2008 | 10.22% | 0.95% | 4.22x | 2.55x | zł588.70K |
| 2009 | 12.40% | 1.22% | 3.66x | 2.78x | zł6.81 Million |
| 2010 | 15.80% | 1.48% | 3.92x | 2.73x | zł19.35 Million |
| 2011 | 12.49% | 1.10% | 3.98x | 2.85x | zł9.52 Million |
| 2012 | 9.91% | 0.77% | 4.65x | 2.78x | zł-390.90K |
| 2013 | 12.35% | 1.00% | 4.57x | 2.72x | zł10.91 Million |
| 2014 | 13.16% | 1.01% | 4.47x | 2.92x | zł16.41 Million |
| 2015 | 11.05% | 0.86% | 4.11x | 3.15x | zł6.16 Million |
| 2016 | 10.22% | 0.82% | 4.42x | 2.82x | zł1.47 Million |
| 2017 | 8.48% | 0.74% | 4.20x | 2.73x | zł-10.93 Million |
| 2018 | 7.31% | 0.66% | 4.24x | 2.62x | zł-21.25 Million |
| 2019 | 7.81% | 0.65% | 3.90x | 3.07x | zł-18.64 Million |
| 2020 | 12.46% | 0.95% | 4.86x | 2.71x | zł24.46 Million |
| 2021 | 13.21% | 1.08% | 4.10x | 2.99x | zł36.73 Million |
| 2022 | 11.83% | 1.01% | 4.46x | 2.64x | zł23.70 Million |
| 2024 | 12.55% | 1.19% | 3.78x | 2.78x | zł35.47 Million |
| 2025 | 11.37% | 1.16% | 3.54x | 2.76x | zł21.00 Million |
Industry Comparison
This section compares AB S.A.'s net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $84,407,118
- Average return on equity (ROE) among peers: 7.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB S.A. (ABE) | zł1.62 Billion | 12.24% | 1.97x | $599.12 Million |
| Ampli SA w upadlosci ukladowej (APL) | $-6.41 Million | 0.00% | 0.00x | $975.51K |
| ASBISc Enterprises PLC (ASB) | $94.47 Million | 7.36% | 4.55x | $1.60 Billion |
| Grodno S.A. (GRN) | $9.95 Million | 27.96% | 3.59x | $67.31 Million |
| Komputronik S.A. (KOM) | $239.62 Million | -6.64% | 0.94x | $17.67 Million |
About AB S.A.
AB S.A., together with its subsidiaries, distributes IT products primarily in Poland, the Czech Republic, and Slovakia. It engages in the wholesale trade of computers, computer hardware, toys, multimedia, electronic equipment, audiovisual equipment, and household appliances; licensing of computer programs; retail trade in computer hardware; toys; manufacturing of personal computers; leasing of wa… Read more