AB S.A. (ABE) - Net Assets
Based on the latest financial reports, AB S.A. (ABE) has net assets worth zł1.54 Billion PLN (≈ $423.39 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 (zł4.54 Billion ≈ $1.25 Billion USD) and total liabilities (zł3.00 Billion ≈ $825.78 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 asset allocation strategy of AB S.A. to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.54 Billion |
| % of Total Assets | 33.89% |
| 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. For live market cap and overall valuation, see ABE stock market capitalisation.
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. Also explore net asset growth rate of AB S.A. to track the company's year-over-year net asset growth rate.
| 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 |
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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 9089.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł554.42 Million | 37.21% |
| Common Stock | zł16.19 Million | 1.09% |
| Other Comprehensive Income | zł806.66 Million | 54.14% |
| Other Components | zł112.60 Million | 7.56% |
| Total Equity | zł1.49 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 |
|---|---|
|
Guangdong Wencan Die Casting Co Ltd
SHG:603348
|
$636.43 Million |
|
Shaanxi Construction Machinery Co Ltd
SHG:600984
|
$636.45 Million |
|
Wuhan Hvsen Biotechnology Co Ltd
SHE:300871
|
$636.61 Million |
|
Vanjee Technology Co Ltd
SHE:300552
|
$636.86 Million |
|
Guangdong Mingzhu Group Co Ltd
SHG:600382
|
$636.10 Million |
|
Jdd Tech New Mat Co Ltd
SHE:301538
|
$635.71 Million |
|
Hefei Department Store Group Co Ltd
SHE:000417
|
$635.66 Million |
|
SIS LIMITED
NSE:SIS
|
$635.57 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 1,489,869,000, a change of 97,688,000 (7.0%).
- 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 increased equity by 103,042,000.
- Other factors decreased equity by 122,376,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł173.86 Million | +11.67% |
| Dividends Paid | zł47.36 Million | -3.18% |
| Share Repurchases | zł9.48 Million | -0.64% |
| Other Comprehensive Income | zł103.04 Million | +6.92% |
| Other Changes | zł-122.38 Million | -8.21% |
| Total Change | zł- | 7.02% |
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: 1.56x
- 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 30.25x to 1.56x 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 | zł147.60 | x |
| 2006-12-31 | zł7.23 | zł147.60 | x |
| 2007-12-31 | zł14.84 | zł147.60 | x |
| 2008-12-31 | zł16.45 | zł147.60 | x |
| 2009-12-31 | zł17.52 | zł147.60 | x |
| 2010-12-31 | zł20.66 | zł147.60 | x |
| 2011-12-31 | zł23.60 | zł147.60 | x |
| 2012-12-31 | zł25.98 | zł147.60 | x |
| 2013-12-31 | zł28.66 | zł147.60 | x |
| 2014-12-31 | zł32.11 | zł147.60 | x |
| 2015-12-31 | zł36.10 | zł147.60 | x |
| 2016-12-31 | zł41.00 | zł147.60 | x |
| 2017-12-31 | zł44.41 | zł147.60 | x |
| 2018-12-31 | zł48.82 | zł147.60 | x |
| 2019-12-31 | zł52.52 | zł147.60 | x |
| 2020-12-31 | zł61.32 | zł147.60 | x |
| 2021-12-31 | zł70.66 | zł147.60 | x |
| 2022-12-31 | zł81.55 | zł147.60 | x |
| 2024-12-31 | zł87.90 | zł147.60 | x |
| 2025-12-31 | zł94.33 | zł147.60 | 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): 11.67%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.16%
- • Asset Turnover: 3.54x
- • Equity Multiplier: 2.83x
- Recent ROE (11.67%) is above the historical average (11.32%), 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 | 11.67% | 1.16% | 3.54x | 2.83x | zł24.88 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: $139,518,713
- Average return on equity (ROE) among peers: 6.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB S.A. (ABE) | zł1.54 Billion | 12.24% | 1.95x | $636.19 Million |
| Action SA (ACT) | $265.52 Million | 18.11% | 2.43x | $155.81 Million |
| Ampli SA w upadlosci ukladowej (APL) | $-5.46 Million | 0.00% | 0.00x | $948.42K |
| ASBISc Enterprises PLC (ASB) | $103.64 Million | 0.92% | 3.76x | $1.66 Billion |
| Grodno S.A. (GRN) | $81.04 Million | 14.25% | 2.50x | $63.08 Million |
| Komputronik S.A. (KOM) | $252.85 Million | -1.79% | 0.90x | $16.16 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