Benefit Systems SA (BFT) - Net Assets

Latest as of December 2025: zł2.36 Billion PLN ≈ $650.42 Million USD

Based on the latest financial reports, Benefit Systems SA (BFT) has net assets worth zł2.36 Billion PLN (≈ $650.42 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 (zł7.05 Billion ≈ $1.94 Billion USD) and total liabilities (zł4.69 Billion ≈ $1.29 Billion 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. For live market cap and overall valuation, see Benefit Systems SA stock valuation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł2.36 Billion
% of Total Assets	33.51%
Annual Growth Rate	42.04%
5-Year Change	292.79%
10-Year Change	875.78%
Growth Volatility	73.65

Benefit Systems SA - Net Assets Trend (2009–2025)

This chart illustrates how Benefit Systems SA's net assets have evolved over time, based on quarterly financial data.

Annual Net Assets for Benefit Systems SA (2009–2025)

The table below shows the annual net assets of Benefit Systems SA from 2009 to 2025. See Benefit Systems SA (BFT) balance sheet quality index to measure how much of total assets are equity-financed.

Year	Net Assets	Change
2025-12-31	zł2.36 Billion ≈ $650.42 Million	+103.74%
2024-12-31	zł1.16 Billion ≈ $319.24 Million	+16.19%
2023-12-31	zł998.33 Million ≈ $274.75 Million	+37.62%
2022-12-31	zł725.42 Million ≈ $199.64 Million	+20.57%
2021-12-31	zł601.68 Million ≈ $165.59 Million	+15.04%
2020-12-31	zł523.00 Million ≈ $143.94 Million	-15.68%
2019-12-31	zł620.26 Million ≈ $170.70 Million	+9.40%
2018-12-31	zł566.97 Million ≈ $156.04 Million	+157.86%
2017-12-31	zł219.88 Million ≈ $60.51 Million	-9.22%
2016-12-31	zł242.20 Million ≈ $66.66 Million	+26.63%
2015-12-31	zł191.26 Million ≈ $52.64 Million	+25.01%
2014-12-31	zł153.00 Million ≈ $42.11 Million	+24.94%
2013-12-31	zł122.46 Million ≈ $33.70 Million	+24.75%
2012-12-31	zł98.16 Million ≈ $27.01 Million	+22.48%
2011-12-31	zł80.14 Million ≈ $22.06 Million	+262.58%
2010-12-31	zł22.10 Million ≈ $6.08 Million	+156.86%
2009-12-31	zł8.61 Million ≈ $2.37 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 31073.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł1.47 Billion	62.19%
Other Components	zł891.87 Million	37.81%
Total Equity	zł2.36 Billion	100.00%

Benefit Systems SA Competitors by Market Cap

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

Company	Market Cap
Pampa Energia SA BA:PAMP	$4.90 Billion
Guangdong Shenling Environmental Systems Co. Ltd. SHE:301018	$4.91 Billion
Promotora y Operadora de Infraestructura S. A. B. de C. V MX:PINFRA	$4.91 Billion
DEME Group NV BR:DEME	$4.91 Billion
NOVA LJUBLJ.BK GDR REG.S F:N1V2	$4.90 Billion
Ufp Industries Inc NASDAQ:UFPI	$4.90 Billion
Brown-Forman Corporation NYSE:BF-A	$4.90 Billion
Petronas Dagangan Bhd KLSE:5681	$4.89 Billion

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 2024 to 2025, total equity changed from 1,154,725,000 to 2,358,886,000, a change of 1,204,161,000 (104.3%).
Net income of 570,850,000 contributed positively to equity growth.
New share issuances of 740,078,000 increased equity.
Other comprehensive income increased equity by 5,375,000.
Other factors decreased equity by 112,142,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł570.85 Million	+24.2%
Share Issuances	zł740.08 Million	+31.37%
Other Comprehensive Income	zł5.38 Million	+0.23%
Other Changes	zł-112.14 Million	-4.75%
Total Change	zł-	104.28%

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: 7.49x
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 1507.74x to 7.49x 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	zł5395.00	x
2010-12-31	zł10.03	zł5395.00	x
2011-12-31	zł33.92	zł5395.00	x
2012-12-31	zł40.21	zł5395.00	x
2013-12-31	zł48.18	zł5395.00	x
2014-12-31	zł60.69	zł5395.00	x
2015-12-31	zł70.57	zł5395.00	x
2016-12-31	zł85.62	zł5395.00	x
2017-12-31	zł76.73	zł5395.00	x
2018-12-31	zł200.87	zł5395.00	x
2019-12-31	zł220.47	zł5395.00	x
2020-12-31	zł190.99	zł5395.00	x
2021-12-31	zł212.83	zł5395.00	x
2022-12-31	zł247.83	zł5395.00	x
2023-12-31	zł338.58	zł5395.00	x
2024-12-31	zł387.57	zł5395.00	x
2025-12-31	zł720.11	zł5395.00	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): 24.20%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.62%
• Asset Turnover: 0.64x
• Equity Multiplier: 2.99x
Recent ROE (24.20%) is below the historical average (29.73%), suggesting potential challenges in 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
2025	24.20%	12.62%	0.64x	2.99x	zł334.96 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.

About Benefit Systems SA

WAR:BFT Poland Leisure

Market Cap

$4.90 Billion

zł17.81 Billion PLN

Market Cap Rank

#3666 Global

#24 in Poland

Share Price

zł5395.00

Change (1 day)

-3.23%

52-Week Range

zł3000.00 - zł5660.00

All Time High

zł5660.00