Benefit Systems SA

WAR:BFT Poland Leisure
Market Cap
$2.88 Billion
zł11.98 Billion PLN
Market Cap Rank
#4586 Global
#12 in Poland
Share Price
zł3630.00
Change (1 day)
+1.26%
52-Week Range
zł2730.00 - zł4005.00
All Time High
zł4005.00
About

Benefit Systems S.A. provides non-pay employee benefits solutions in Poland, Czech Republic, Slovakia, Bulgaria, Croatia, and Turkey. The company offers Multisport card, which provides access to sports facilities; MultiBilet and MultiTeatr for providing solutions for culture and entertainment; MyBenefit platform for distributing sport cards, as well as provides wellbeing services. It also develop… Read more

Benefit Systems SA (BFT) - Net Assets

Latest net assets as of September 2025: zł2.24 Billion PLN

Based on the latest financial reports, Benefit Systems SA (BFT) has net assets worth zł2.24 Billion PLN as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł6.32 Billion) and total liabilities (zł4.08 Billion). 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 zł2.24 Billion
% of Total Assets 35.43%
Annual Growth Rate 38.67%
5-Year Change 121.79%
10-Year Change 506.48%
Growth Volatility 74.94

Benefit Systems SA - Net Assets Trend (2009–2024)

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

Annual Net Assets for Benefit Systems SA (2009–2024)

The table below shows the annual net assets of Benefit Systems SA from 2009 to 2024.

Year Net Assets Change
2024-12-31 zł1.16 Billion +16.19%
2023-12-31 zł998.33 Million +37.62%
2022-12-31 zł725.42 Million +20.57%
2021-12-31 zł601.68 Million +15.04%
2020-12-31 zł523.00 Million -15.68%
2019-12-31 zł620.26 Million +9.40%
2018-12-31 zł566.97 Million +157.86%
2017-12-31 zł219.88 Million -9.22%
2016-12-31 zł242.20 Million +26.63%
2015-12-31 zł191.26 Million +25.01%
2014-12-31 zł153.00 Million +24.94%
2013-12-31 zł122.46 Million +24.75%
2012-12-31 zł98.16 Million +22.48%
2011-12-31 zł80.14 Million +262.58%
2010-12-31 zł22.10 Million +156.86%
2009-12-31 zł8.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to Benefit Systems 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 17902.1% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł847.18 Million 73.37%
Common Stock zł2.96 Million 0.26%
Other Comprehensive Income zł-5.38 Million -0.47%
Other Components zł309.96 Million 26.84%
Total Equity zł1.15 Billion 100.00%

Benefit Systems SA Competitors by Market Cap

The table below lists competitors of Benefit Systems SA ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 996,758,000 to 1,154,725,000, a change of 157,967,000 (15.8%).
  • Net income of 449,630,000 contributed positively to equity growth.
  • Dividend payments of 399,369,000 reduced retained earnings.
  • New share issuances of 23,107,000 increased equity.
  • Other comprehensive income decreased equity by 5,375,000.
  • Other factors increased equity by 89,974,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł449.63 Million +38.94%
Dividends Paid zł399.37 Million -34.59%
Share Issuances zł23.11 Million +2.0%
Other Comprehensive Income zł-5.38 Million -0.47%
Other Changes zł89.97 Million +7.79%
Total Change zł- 15.85%

Book Value vs Market Value Analysis

This analysis compares Benefit Systems 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: 9.37x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 1014.48x to 9.37x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2009-12-31 zł3.58 zł3630.00 x
2010-12-31 zł10.03 zł3630.00 x
2011-12-31 zł33.92 zł3630.00 x
2012-12-31 zł40.21 zł3630.00 x
2013-12-31 zł48.18 zł3630.00 x
2014-12-31 zł60.69 zł3630.00 x
2015-12-31 zł70.57 zł3630.00 x
2016-12-31 zł85.62 zł3630.00 x
2017-12-31 zł76.73 zł3630.00 x
2018-12-31 zł200.87 zł3630.00 x
2019-12-31 zł220.47 zł3630.00 x
2020-12-31 zł190.99 zł3630.00 x
2021-12-31 zł212.83 zł3630.00 x
2022-12-31 zł247.83 zł3630.00 x
2023-12-31 zł338.58 zł3630.00 x
2024-12-31 zł387.57 zł3630.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Benefit Systems 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): 38.94%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 13.24%
  • • Asset Turnover: 0.99x
  • • Equity Multiplier: 2.96x
  • Recent ROE (38.94%) is above the historical average (30.07%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2009 60.05% 5.47% 5.67x 1.94x zł4.31 Million
2010 74.65% 10.00% 3.94x 1.89x zł14.29 Million
2011 46.58% 15.23% 2.20x 1.39x zł29.29 Million
2012 29.91% 9.18% 2.37x 1.38x zł19.57 Million
2013 21.34% 6.85% 2.02x 1.54x zł13.95 Million
2014 25.20% 8.53% 1.82x 1.63x zł23.26 Million
2015 26.46% 8.44% 1.50x 2.09x zł30.54 Million
2016 36.79% 11.15% 1.30x 2.53x zł60.27 Million
2017 43.61% 9.13% 1.27x 3.77x zł67.90 Million
2018 20.30% 9.40% 1.12x 1.93x zł58.17 Million
2019 17.03% 6.90% 0.73x 3.36x zł43.48 Million
2020 -18.82% -9.55% 0.51x 3.90x zł-151.14 Million
2021 -3.95% -2.50% 0.44x 3.61x zł-84.23 Million
2022 19.00% 7.23% 0.85x 3.07x zł65.42 Million
2023 44.11% 15.85% 0.99x 2.81x zł339.97 Million
2024 38.94% 13.24% 0.99x 2.96x zł334.16 Million

Industry Comparison

This section compares Benefit Systems SA's net assets metrics with peer companies in the Leisure industry.

No peer company data available for comparison.