Apator S.A.

WAR:APT Poland Electrical Equipment & Parts
Market Cap
$161.88 Million
zł673.12 Million PLN
Market Cap Rank
#18051 Global
#76 in Poland
Share Price
zł23.20
Change (1 day)
+1.09%
52-Week Range
zł16.96 - zł27.15
All Time High
zł27.15
About

Apator S.A. manufactures and sells measuring devices and systems in Poland and internationally. Its products include electricity meters, such as smart, electronic, RES, systems, and induction meters, as well as automation systems; ICT products, including electricity production and distribution management, data acquisition services, and distributed asset and resource management; new systems, such … Read more

Apator S.A. (APT) - Net Assets

Latest net assets as of December 2025: zł651.65 Million PLN

Based on the latest financial reports, Apator S.A. (APT) has net assets worth zł651.65 Million PLN as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł1.04 Billion) and total liabilities (zł389.11 Million). 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 zł651.65 Million
% of Total Assets 62.61%
Annual Growth Rate 11.04%
5-Year Change 18.21%
10-Year Change 45.36%
Growth Volatility 13.53

Apator S.A. - Net Assets Trend (2006–2025)

This chart illustrates how Apator S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Apator S.A. (2006–2025)

The table below shows the annual net assets of Apator S.A. from 2006 to 2025.

Year Net Assets Change
2025-12-31 zł651.65 Million +10.36%
2024-12-31 zł590.51 Million +9.55%
2023-12-31 zł539.02 Million -0.02%
2022-12-31 zł539.15 Million -2.20%
2021-12-31 zł551.27 Million +6.58%
2020-12-31 zł517.24 Million +4.94%
2019-12-31 zł492.89 Million +3.33%
2018-12-31 zł476.98 Million +4.72%
2017-12-31 zł455.50 Million +1.60%
2016-12-31 zł448.32 Million +6.50%
2015-12-31 zł420.96 Million +8.62%
2014-12-31 zł387.55 Million +18.80%
2013-12-31 zł326.21 Million +8.89%
2012-12-31 zł299.59 Million +26.70%
2011-12-31 zł236.47 Million +11.96%
2010-12-31 zł211.20 Million +17.42%
2009-12-31 zł179.87 Million +9.76%
2008-12-31 zł163.88 Million +61.58%
2007-12-31 zł101.42 Million +13.83%
2006-12-31 zł89.09 Million --

Equity Component Analysis

This analysis shows how different components contribute to Apator 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 decreased by 3.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings zł23.16 Million 3.57%
Other Components zł626.27 Million 96.43%
Total Equity zł649.43 Million 100.00%

Apator S.A. Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 588,305,000 to 649,430,000, a change of 61,125,000 (10.4%).
  • Net income of 79,100,000 contributed positively to equity growth.
  • Dividend payments of 17,502,000 reduced retained earnings.
  • Share repurchases of 761,000 reduced equity.
  • New share issuances of 211,000 increased equity.
  • Other comprehensive income decreased equity by 566,815,000.
  • Other factors increased equity by 566,892,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income zł79.10 Million +12.18%
Dividends Paid zł17.50 Million -2.69%
Share Repurchases zł761.00K -0.12%
Share Issuances zł211.00K +0.03%
Other Comprehensive Income zł-566.82 Million -87.28%
Other Changes zł566.89 Million +87.29%
Total Change zł- 10.39%

Book Value vs Market Value Analysis

This analysis compares Apator 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: 1.04x
  • 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 9.19x to 1.04x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2006-12-31 zł2.52 zł23.20 x
2007-12-31 zł3.53 zł23.20 x
2008-12-31 zł5.55 zł23.20 x
2009-12-31 zł6.24 zł23.20 x
2010-12-31 zł7.17 zł23.20 x
2011-12-31 zł7.81 zł23.20 x
2012-12-31 zł10.11 zł23.20 x
2013-12-31 zł11.00 zł23.20 x
2014-12-31 zł13.07 zł23.20 x
2015-12-31 zł14.11 zł23.20 x
2016-12-31 zł15.00 zł23.20 x
2017-12-31 zł15.28 zł23.20 x
2018-12-31 zł16.01 zł23.20 x
2019-12-31 zł16.62 zł23.20 x
2020-12-31 zł17.45 zł23.20 x
2021-12-31 zł18.76 zł23.20 x
2022-12-31 zł18.48 zł23.20 x
2023-12-31 zł18.49 zł23.20 x
2024-12-31 zł20.25 zł23.20 x
2025-12-31 zł22.36 zł23.20 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Apator 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): 12.18%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.58%
  • • Asset Turnover: 1.15x
  • • Equity Multiplier: 1.60x
  • Recent ROE (12.18%) is below the historical average (16.97%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2006 40.42% 36.76% 0.86x 1.27x zł27.10 Million
2007 35.12% 39.56% 0.78x 1.15x zł25.48 Million
2008 14.50% 6.47% 1.14x 1.96x zł7.15 Million
2009 16.92% 8.19% 1.24x 1.67x zł12.31 Million
2010 24.07% 12.23% 1.10x 1.79x zł29.26 Million
2011 20.51% 8.81% 1.13x 2.06x zł24.24 Million
2012 31.93% 14.25% 1.33x 1.69x zł65.45 Million
2013 20.99% 9.96% 1.31x 1.61x zł35.68 Million
2014 21.74% 11.56% 1.04x 1.80x zł45.25 Million
2015 14.44% 7.82% 0.97x 1.91x zł18.47 Million
2016 13.40% 6.83% 1.03x 1.91x zł15.06 Million
2017 9.44% 4.82% 1.05x 1.86x zł-2.53 Million
2018 14.38% 8.19% 0.99x 1.78x zł20.65 Million
2019 10.99% 6.09% 0.99x 1.83x zł4.79 Million
2020 11.82% 6.44% 1.07x 1.72x zł9.26 Million
2021 11.36% 6.62% 0.94x 1.83x zł7.47 Million
2022 1.23% 0.61% 1.04x 1.94x zł-47.12 Million
2023 1.52% 0.72% 1.17x 1.82x zł-45.56 Million
2024 12.42% 5.95% 1.27x 1.64x zł14.23 Million
2025 12.18% 6.58% 1.15x 1.60x zł14.16 Million

Industry Comparison

This section compares Apator S.A.'s net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $82,581,333
  • Average return on equity (ROE) among peers: -1.17%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Apator S.A. (APT) zł651.65 Million 40.42% 0.60x $104.38 Million
Elektrotim SA (ELT) $94.17 Million 9.59% 0.28x $81.11 Million
Lena Lighting S.A. (LEN) $94.31 Million 6.49% 0.12x $5.07 Million
Relpol SA (RLP) $59.26 Million -19.60% 0.45x $7.56 Million