Best SA Net Assets
Best SA net assets. Based on the latest financial reports, Best SA (BST) has net assets worth zł1.24 Billion PLN (≈ $340.86 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł2.95 Billion ≈ $811.81 Million USD) and total liabilities (zł1.71 Billion ≈ $470.95 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. Also explore Best SA (BST) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.24 Billion |
| % of Total Assets | 41.99% |
| Annual Growth Rate | 26.27% |
| 5-Year Change | 109.7% |
| 10-Year Change | 223.24% |
| Growth Volatility | 30.18 |
Net Assets of Best SA (2008–2025)
Net assets of Best SA from 2008 to 2025. This chart illustrates how Best SA's net assets have evolved over time, based on quarterly financial data. See BST net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Best SA (2008–2025)
The table below shows the annual net assets of Best SA from 2008 to 2025. For live market cap and overall valuation, see Best SA (BST) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł1.15 Billion ≈ $316.90 Million |
+28.25% |
| 2024-12-31 | zł897.80 Million ≈ $247.09 Million |
+19.70% |
| 2023-12-31 | zł750.02 Million ≈ $206.42 Million |
+8.85% |
| 2022-12-31 | zł689.03 Million ≈ $189.63 Million |
+25.49% |
| 2021-12-31 | zł549.09 Million ≈ $151.12 Million |
+8.72% |
| 2020-12-31 | zł505.06 Million ≈ $139.00 Million |
-8.96% |
| 2019-12-31 | zł554.76 Million ≈ $152.68 Million |
+3.24% |
| 2018-12-31 | zł537.37 Million ≈ $147.89 Million |
+25.03% |
| 2017-12-31 | zł429.77 Million ≈ $118.28 Million |
+20.65% |
| 2016-12-31 | zł356.23 Million ≈ $98.04 Million |
+25.89% |
| 2015-12-31 | zł282.96 Million ≈ $77.87 Million |
+41.60% |
| 2014-12-31 | zł199.84 Million ≈ $55.00 Million |
+32.66% |
| 2013-12-31 | zł150.64 Million ≈ $41.46 Million |
+90.46% |
| 2012-12-31 | zł79.09 Million ≈ $21.77 Million |
+53.30% |
| 2011-12-31 | zł51.59 Million ≈ $14.20 Million |
+109.86% |
| 2010-12-31 | zł24.59 Million ≈ $6.77 Million |
+19.22% |
| 2009-12-31 | zł20.62 Million ≈ $5.68 Million |
-5.53% |
| 2008-12-31 | zł21.83 Million ≈ $6.01 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Best 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 94774400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Best SA Net Assets Breakdown (December 2025)
Best SA net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł944.55 Million | 82.05% |
| Common Stock | zł28.48 Million | 2.47% |
| Other Comprehensive Income | zł19.18 Million | 1.67% |
| Other Components | zł159.01 Million | 13.81% |
| Total Equity | zł1.15 Billion | 100.00% |
Best SA Competitors by Market Cap
The table below lists competitors of Best SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
J.G.CHEMICALS LIMITED
NSE:JGCHEM
|
$238.34 Million |
|
First Savings Financial Group Inc
NASDAQ:FSFG
|
$238.37 Million |
|
Apollo Pipes Limited
NSE:APOLLOPIPE
|
$238.38 Million |
|
Y.U.D. Yangtze River Investment Industry Co Ltd
SHG:600119
|
$238.39 Million |
|
Lewis Group Limited
JSE:LEW
|
$238.27 Million |
|
NIIT LEARNING SYSTEMS LTD
NSE:NIITMTS
|
$238.15 Million |
|
Currenc Group Inc. Ordinary Shares
NASDAQ:CURR
|
$238.04 Million |
|
Patel Engineering Limited
NSE:PATELENG
|
$237.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Best SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 897,793,000 to 1,151,226,000, a change of 253,433,000 (28.2%).
- Net income of 97,026,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 55,487,001.
- Other factors increased equity by 211,894,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł97.03 Million | +8.43% |
| Other Comprehensive Income | zł-55.49 Million | -4.82% |
| Other Changes | zł211.89 Million | +18.41% |
| Total Change | zł- | 28.23% |
Book Value vs Market Value Analysis
This analysis compares Best 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: 0.73x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 28.97x to 0.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł1.05 | zł30.40 | x |
| 2009-12-31 | zł0.99 | zł30.40 | x |
| 2010-12-31 | zł1.18 | zł30.40 | x |
| 2011-12-31 | zł2.47 | zł30.40 | x |
| 2012-12-31 | zł3.79 | zł30.40 | x |
| 2013-12-31 | zł7.22 | zł30.40 | x |
| 2014-12-31 | zł9.58 | zł30.40 | x |
| 2015-12-31 | zł13.57 | zł30.40 | x |
| 2016-12-31 | zł16.18 | zł30.40 | x |
| 2017-12-31 | zł18.88 | zł30.40 | x |
| 2018-12-31 | zł19.43 | zł30.40 | x |
| 2019-12-31 | zł20.38 | zł30.40 | x |
| 2020-12-31 | zł21.82 | zł30.40 | x |
| 2021-12-31 | zł23.66 | zł30.40 | x |
| 2022-12-31 | zł29.97 | zł30.40 | x |
| 2023-12-31 | zł33.40 | zł30.40 | x |
| 2024-12-31 | zł39.42 | zł30.40 | x |
| 2025-12-31 | zł41.61 | zł30.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Best 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): 8.43%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.98%
- • Asset Turnover: 0.20x
- • Equity Multiplier: 2.53x
- Recent ROE (8.43%) is below the historical average (16.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 19.73% | 16.21% | 1.04x | 1.17x | zł2.12 Million |
| 2009 | -10.79% | -9.21% | 1.00x | 1.17x | zł-4.29 Million |
| 2010 | 8.12% | 8.89% | 0.79x | 1.15x | zł-462.50K |
| 2011 | 44.77% | 65.13% | 0.35x | 1.98x | zł17.91 Million |
| 2012 | 33.17% | 56.15% | 0.27x | 2.17x | zł18.31 Million |
| 2013 | 46.34% | 60.74% | 0.42x | 1.81x | zł54.69 Million |
| 2014 | 29.47% | 72.73% | 0.19x | 2.09x | zł38.90 Million |
| 2015 | 28.92% | 73.31% | 0.16x | 2.45x | zł53.52 Million |
| 2016 | 10.74% | 20.00% | 0.21x | 2.54x | zł2.63 Million |
| 2017 | 12.70% | 28.36% | 0.08x | 5.80x | zł11.60 Million |
| 2018 | 7.12% | 18.59% | 0.13x | 2.85x | zł-12.98 Million |
| 2019 | 4.12% | 7.30% | 0.21x | 2.64x | zł-27.76 Million |
| 2020 | 6.80% | 13.67% | 0.22x | 2.25x | zł-16.16 Million |
| 2021 | 8.98% | 20.95% | 0.20x | 2.14x | zł-5.59 Million |
| 2022 | 20.66% | 54.01% | 0.20x | 1.96x | zł73.40 Million |
| 2023 | 6.72% | 17.54% | 0.19x | 2.06x | zł-24.59 Million |
| 2024 | 11.44% | 32.55% | 0.17x | 2.07x | zł12.95 Million |
| 2025 | 8.43% | 16.98% | 0.20x | 2.53x | zł-18.10 Million |
Industry Comparison
This section compares Best SA's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $58,959,063
- Average return on equity (ROE) among peers: 10.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Best SA (BST) | zł1.24 Billion | 19.73% | 1.38x | $238.28 Million |
| Atlantis S.A. (ATS) | $5.09 Million | 43.92% | 0.32x | $2.35 Million |
| Fast Finance SA (FFI) | $42.45 Million | 19.39% | 5.54x | $347.46K |
| Fon SE (FON) | $6.14 Million | 4.07% | 0.45x | $3.03 Million |
| Investment Friends Capital SE (IFC) | $4.74 Million | 2.91% | 0.00x | $1.26 Million |
| Kredyt Inkaso SA (KRI) | $271.50 Million | 2.02% | 2.07x | $61.76 Million |
| Kruk SA (KRU) | $43.54 Million | 13.24% | 0.94x | $1.81 Billion |
| MW Trade S.A. (MWT) | $60.61 Million | -1.00% | 0.14x | $1.77 Million |
| PBS Finanse SA (PBF) | $27.03 Million | 4.08% | 0.10x | $1.18 Million |
| Pragma Inkaso S.A. (PRI) | $69.54 Million | 3.73% | 2.28x | $4.05 Million |
About Best SA
BEST S.A. operates in the debt collection industry in Poland and Italy. It invests in non-performing debt portfolios, as well as engages in the acquisition and recovery of receivables. The company was founded in 1994 and is based in Gdynia, Poland.