Artifex Mundi SA (ART) - Net Assets

Latest as of December 2025: zł134.18 Million PLN ≈ $36.93 Million USD

Based on the latest financial reports, Artifex Mundi SA (ART) has net assets worth zł134.18 Million PLN (≈ $36.93 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 (zł156.70 Million ≈ $43.13 Million USD) and total liabilities (zł22.53 Million ≈ $6.20 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 ART tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł134.18 Million
% of Total Assets	85.63%
Annual Growth Rate	19.54%
5-Year Change	209.57%
10-Year Change	245.4%
Growth Volatility	30.78

Artifex Mundi SA - Net Assets Trend (2015–2025)

This chart illustrates how Artifex Mundi SA's net assets have evolved over time, based on quarterly financial data. See Artifex Mundi SA (ART) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Artifex Mundi SA (2015–2025)

The table below shows the annual net assets of Artifex Mundi SA from 2015 to 2025. For live valuation and market cap data, see Artifex Mundi SA (ART) total market value.

Year	Net Assets	Change
2025-12-31	zł134.18 Million ≈ $36.93 Million	+24.35%
2024-12-31	zł107.90 Million ≈ $29.70 Million	+33.77%
2023-12-31	zł80.66 Million ≈ $22.20 Million	+46.16%
2022-12-31	zł55.19 Million ≈ $15.19 Million	+27.33%
2021-12-31	zł43.34 Million ≈ $11.93 Million	+47.40%
2020-12-31	zł29.40 Million ≈ $8.09 Million	+38.95%
2019-12-31	zł21.16 Million ≈ $5.82 Million	-39.30%
2018-12-31	zł34.86 Million ≈ $9.59 Million	-1.13%
2017-12-31	zł35.26 Million ≈ $9.70 Million	-9.24%
2016-12-31	zł38.85 Million ≈ $10.69 Million	+72.59%
2015-12-31	zł22.51 Million ≈ $6.19 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Artifex Mundi SA'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 1462.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł105.12 Million	78.34%
Other Components	zł29.06 Million	21.66%
Total Equity	zł134.18 Million	100.00%

Artifex Mundi SA Competitors by Market Cap

The table below lists competitors of Artifex Mundi SA ranked by their market capitalization.

Company	Market Cap
AV Tech Corp TW:8072	$71.33 Million
MedFirst Healthcare Services lnc TWO:4175	$71.34 Million
Golan Plastic TA:GLPL	$71.39 Million
Sea Oil Public Company Limited BK:SEAOIL	$71.40 Million
West Vault Mining V:WVM	$71.32 Million
Crown Seal Public Company Limited BK:CSC	$71.32 Million
Microsemi Corporation F:MS7	$71.32 Million
ALM EQUITY AB F:I53	$71.30 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Artifex Mundi SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 107,899,817 to 134,175,711, a change of 26,275,894 (24.4%).
Net income of 25,377,109 contributed positively to equity growth.
Other comprehensive income decreased equity by 4,397,526.
Other factors increased equity by 5,296,311.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł25.38 Million	+18.91%
Other Comprehensive Income	zł-4.40 Million	-3.28%
Other Changes	zł5.30 Million	+3.95%
Total Change	zł-	24.35%

Book Value vs Market Value Analysis

This analysis compares Artifex Mundi SA'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: 1.93x
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 9.69x to 1.93x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2015-12-31	zł2.25	zł21.80	x
2016-12-31	zł3.85	zł21.80	x
2017-12-31	zł3.36	zł21.80	x
2018-12-31	zł3.19	zł21.80	x
2019-12-31	zł1.78	zł21.80	x
2020-12-31	zł2.47	zł21.80	x
2021-12-31	zł3.64	zł21.80	x
2022-12-31	zł4.64	zł21.80	x
2023-12-31	zł6.78	zł21.80	x
2024-12-31	zł9.06	zł21.80	x
2025-12-31	zł11.29	zł21.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Artifex Mundi SA 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): 18.91%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 26.44%
• Asset Turnover: 0.61x
• Equity Multiplier: 1.17x
Recent ROE (18.91%) is above the historical average (8.66%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2015	31.30%	40.30%	0.66x	1.17x	zł4.79 Million
2016	14.38%	24.62%	0.53x	1.11x	zł1.70 Million
2017	-10.18%	-17.49%	0.53x	1.11x	zł-7.11 Million
2018	-30.05%	-52.06%	0.52x	1.12x	zł-13.96 Million
2019	-64.74%	-82.26%	0.60x	1.32x	zł-15.82 Million
2020	28.03%	32.04%	0.72x	1.21x	zł5.30 Million
2021	29.40%	32.61%	0.77x	1.17x	zł8.41 Million
2022	21.86%	31.30%	0.59x	1.18x	zł6.55 Million
2023	30.89%	30.21%	0.83x	1.23x	zł16.85 Million
2024	25.40%	26.47%	0.78x	1.24x	zł16.61 Million
2025	18.91%	26.44%	0.61x	1.17x	zł11.96 Million

Industry Comparison

This section compares Artifex Mundi SA's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.

Industry Context

Industry: Electronic Gaming & Multimedia
Average net assets among peers: $55,286,294
Average return on equity (ROE) among peers: 4120.41%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Artifex Mundi SA (ART)	zł134.18 Million	31.30%	0.17x	$71.32 Million
11 bit studios S.A (11B)	$42.13 Million	30.69%	0.08x	$92.40 Million
All In! Games S.A. (ALG)	$17.44 Million	18.66%	1.94x	$14.90 Million
BoomBit S.A (BBT)	$66.82 Million	18.75%	0.35x	$22.86 Million
CD PROJEKT SA (CDR)	$123.81 Million	19.35%	0.50x	$6.13 Billion
CI Games SA (CIG)	$80.55K	36889.02%	0.22x	$153.27 Million
Creepy Jar SA (CRJ)	$107.32 Million	14.81%	0.04x	$97.78 Million
Gaming Factory S.A. (GIF)	$7.43 Million	37.22%	0.02x	$7.91 Million
Games Operators SA (GOP)	$-5.00K	0.00%	0.00x	$22.25 Million
Huuuge Inc. (HUG)	$132.55 Million	55.14%	0.17x	$238.81 Million

About Artifex Mundi SA

WAR:ART Poland Electronic Gaming & Multimedia

Market Cap

$71.32 Million

zł259.15 Million PLN

Market Cap Rank

#20621 Global

#172 in Poland

Share Price

zł21.80

Change (1 day)

+2.83%

52-Week Range

zł11.52 - zł24.40

All Time High

zł29.60