Comarch SA
Comarch S.A. designs, implements, and integrates IT solutions worldwide. The company offers Internet of Things (IoT) solutions for telecommunication industry. It also provides small business and corporate banking, mobile banking, factoring, cloud factoring, trade finance, wealth management, asset management, loan origination, custody, digital insurance, commission and incentive, life insurance, a… Read more
Comarch SA (CMR) - Net Assets
Latest net assets as of December 2024: zł1.32 Billion PLN
Based on the latest financial reports, Comarch SA (CMR) has net assets worth zł1.32 Billion PLN as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł2.24 Billion) and total liabilities (zł922.45 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 | zł1.32 Billion |
| % of Total Assets | 58.88% |
| Annual Growth Rate | 11.55% |
| 5-Year Change | 20.21% |
| 10-Year Change | 69.18% |
| Growth Volatility | 19.52 |
Comarch SA - Net Assets Trend (2002–2024)
This chart illustrates how Comarch 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 Comarch SA (2002–2024)
The table below shows the annual net assets of Comarch SA from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł1.32 Billion | +0.03% |
| 2023-12-31 | zł1.32 Billion | +3.17% |
| 2022-12-31 | zł1.28 Billion | +6.88% |
| 2021-12-31 | zł1.20 Billion | +9.00% |
| 2020-12-31 | zł1.10 Billion | +13.16% |
| 2019-12-31 | zł970.76 Million | +10.80% |
| 2018-12-31 | zł876.11 Million | -0.33% |
| 2017-12-31 | zł879.03 Million | +1.97% |
| 2016-12-31 | zł862.06 Million | +10.44% |
| 2015-12-31 | zł780.58 Million | +11.40% |
| 2014-12-31 | zł700.69 Million | +9.88% |
| 2013-12-31 | zł637.71 Million | +2.04% |
| 2012-12-31 | zł624.94 Million | +2.47% |
| 2011-12-31 | zł609.85 Million | +4.39% |
| 2010-12-31 | zł584.19 Million | +5.39% |
| 2009-12-31 | zł554.32 Million | +3.77% |
| 2008-12-31 | zł534.17 Million | +77.60% |
| 2007-12-31 | zł300.78 Million | +17.04% |
| 2006-12-31 | zł256.98 Million | +59.25% |
| 2005-12-31 | zł161.37 Million | +22.81% |
| 2004-12-31 | zł131.40 Million | +26.80% |
| 2003-12-31 | zł103.63 Million | -13.03% |
| 2002-12-31 | zł119.16 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Comarch 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 115679700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł1.16 Billion | 87.59% |
| Common Stock | zł8.13 Million | 0.62% |
| Other Components | zł155.82 Million | 11.80% |
| Total Equity | zł1.32 Billion | 100.00% |
Comarch SA Competitors by Market Cap
The table below lists competitors of Comarch SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Renegade Gold Inc.
V:RAGE
|
$7.23 Million |
|
Panda Eco System Berhad
KLSE:0290
|
$7.24 Million |
|
Pacific Strategic Financial
JK:APIC
|
$7.24 Million |
|
Trinity Exploration & Production plc
PINK:TRXEF
|
$7.24 Million |
|
Bleuacacia Ltd
NASDAQ:BLEU
|
$7.23 Million |
|
Vizione Holdings Bhd
KLSE:7070
|
$7.23 Million |
|
Kc Green Holdi
KO:009440
|
$7.23 Million |
|
Omnia Holdings Limited
JSE:OMN
|
$7.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Comarch SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,324,759,000 to 1,320,755,000, a change of -4,004,000 (-0.3%).
- Net income of 57,574,000 contributed positively to equity growth.
- Dividend payments of 40,667,000 reduced retained earnings.
- Other comprehensive income decreased equity by 92,290,000.
- Other factors increased equity by 71,379,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł57.57 Million | +4.36% |
| Dividends Paid | zł40.67 Million | -3.08% |
| Other Comprehensive Income | zł-92.29 Million | -6.99% |
| Other Changes | zł71.38 Million | +5.4% |
| Total Change | zł- | -0.30% |
Book Value vs Market Value Analysis
This analysis compares Comarch 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: 2.04x
- 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 20.08x to 2.04x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | zł16.49 | zł331.00 | x |
| 2003-12-31 | zł14.81 | zł331.00 | x |
| 2004-12-31 | zł17.03 | zł331.00 | x |
| 2005-12-31 | zł21.28 | zł331.00 | x |
| 2006-12-31 | zł30.94 | zł331.00 | x |
| 2007-12-31 | zł36.61 | zł331.00 | x |
| 2008-12-31 | zł62.33 | zł331.00 | x |
| 2009-12-31 | zł66.74 | zł331.00 | x |
| 2010-12-31 | zł71.41 | zł331.00 | x |
| 2011-12-31 | zł74.57 | zł331.00 | x |
| 2012-12-31 | zł77.21 | zł331.00 | x |
| 2013-12-31 | zł77.09 | zł331.00 | x |
| 2014-12-31 | zł84.82 | zł331.00 | x |
| 2015-12-31 | zł94.40 | zł331.00 | x |
| 2016-12-31 | zł104.20 | zł331.00 | x |
| 2017-12-31 | zł106.09 | zł331.00 | x |
| 2018-12-31 | zł105.51 | zł331.00 | x |
| 2019-12-31 | zł117.07 | zł331.00 | x |
| 2020-12-31 | zł132.79 | zł331.00 | x |
| 2021-12-31 | zł145.81 | zł331.00 | x |
| 2022-12-31 | zł157.07 | zł331.00 | x |
| 2023-12-31 | zł162.88 | zł331.00 | x |
| 2024-12-31 | zł162.39 | zł331.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Comarch 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): 4.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.00%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 1.70x
- Recent ROE (4.36%) is below the historical average (10.29%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 3.70% | 2.26% | 0.90x | 1.81x | zł-7.51 Million |
| 2003 | 8.97% | 3.62% | 0.96x | 2.59x | zł-1.07 Million |
| 2004 | 11.95% | 4.25% | 1.21x | 2.32x | zł2.29 Million |
| 2005 | 19.08% | 6.32% | 1.28x | 2.36x | zł13.35 Million |
| 2006 | 21.77% | 10.73% | 1.06x | 1.90x | zł28.52 Million |
| 2007 | 14.80% | 7.30% | 1.04x | 1.95x | zł13.76 Million |
| 2008 | 40.55% | 28.71% | 0.77x | 1.84x | zł151.60 Million |
| 2009 | 4.92% | 3.62% | 0.81x | 1.67x | zł-27.29 Million |
| 2010 | 4.17% | 3.15% | 0.79x | 1.68x | zł-33.54 Million |
| 2011 | 6.04% | 4.61% | 0.77x | 1.70x | zł-23.78 Million |
| 2012 | 6.54% | 4.60% | 0.77x | 1.84x | zł-21.50 Million |
| 2013 | 4.00% | 2.67% | 0.82x | 1.82x | zł-37.56 Million |
| 2014 | 9.86% | 6.54% | 0.85x | 1.77x | zł-936.80K |
| 2015 | 10.38% | 7.04% | 0.87x | 1.70x | zł2.90 Million |
| 2016 | 8.62% | 6.56% | 0.77x | 1.71x | zł-11.71 Million |
| 2017 | 4.87% | 3.81% | 0.73x | 1.74x | zł-44.25 Million |
| 2018 | 3.57% | 2.24% | 0.82x | 1.94x | zł-55.20 Million |
| 2019 | 11.01% | 7.29% | 0.78x | 1.94x | zł9.63 Million |
| 2020 | 11.17% | 7.85% | 0.77x | 1.86x | zł12.63 Million |
| 2021 | 10.37% | 7.56% | 0.77x | 1.78x | zł4.45 Million |
| 2022 | 8.44% | 5.80% | 0.82x | 1.78x | zł-19.90 Million |
| 2023 | 7.59% | 5.54% | 0.80x | 1.71x | zł-31.87 Million |
| 2024 | 4.36% | 3.00% | 0.85x | 1.70x | zł-74.50 Million |
Industry Comparison
This section compares Comarch SA's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $148,655,790
- Average return on equity (ROE) among peers: 10.47%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Comarch SA (CMR) | zł1.32 Billion | 3.70% | 0.70x | $7.23 Million |
| Ailleron S.A. (ALL) | $86.95 Million | 0.57% | 0.55x | $26.65 Million |
| Atende S.A. (ATD) | $74.74 Million | 14.17% | 1.36x | $14.79 Million |
| Betacom S.A. (BCM) | $20.14 Million | 7.54% | 1.45x | $2.59 Million |
| Cyber_Folks S.A. (CBF) | $546.83 Million | 21.36% | 0.72x | $342.24 Million |
| Comp SA (CMP) | $503.30 Million | 11.29% | 0.86x | $237.24 Million |
| IFirma SA (IFI) | $5.16 Million | 5.85% | 0.28x | $23.60 Million |
| OpTeam S.A. (OPM) | $30.94 Million | 6.20% | 0.92x | $1.23 Million |
| Passus S.A. (PAS) | $4.09 Million | 3.02% | 0.74x | $12.89 Million |
| Sygnity SA (SGN) | $65.76 Million | 24.23% | 3.15x | $42.72 Million |