Cognor S.A.
Cognor Holding S.A. engages in the production and distribution of steel products in Poland, the Czech Republic, Germany, and internationally. The company offers flat bars, round rolled peeled bars, slabs, round and square bars, reinforcing bars, billets with rounded edges for forgings, sections, T-profiles, equal and unequal side angles, metal sheets, conventional polygon ingots, carbon and mediu… Read more
Cognor S.A. (COG) - Net Assets
Latest net assets as of September 2025: zł1.19 Billion PLN
Based on the latest financial reports, Cognor S.A. (COG) has net assets worth zł1.19 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 (zł2.79 Billion) and total liabilities (zł1.60 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 | zł1.19 Billion |
| % of Total Assets | 42.76% |
| Annual Growth Rate | 10.1% |
| 5-Year Change | 284.19% |
| 10-Year Change | 599.21% |
| Growth Volatility | 38.89 |
Cognor S.A. - Net Assets Trend (2008–2024)
This chart illustrates how Cognor S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Cognor S.A. (2008–2024)
The table below shows the annual net assets of Cognor S.A. from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł1.18 Billion | -4.97% |
| 2023-12-31 | zł1.24 Billion | +1.04% |
| 2022-12-31 | zł1.23 Billion | +90.79% |
| 2021-12-31 | zł643.87 Million | +109.72% |
| 2020-12-31 | zł307.01 Million | +10.76% |
| 2019-12-31 | zł277.19 Million | -6.32% |
| 2018-12-31 | zł295.88 Million | +22.35% |
| 2017-12-31 | zł241.83 Million | +55.12% |
| 2016-12-31 | zł155.90 Million | -7.58% |
| 2015-12-31 | zł168.69 Million | -9.93% |
| 2014-12-31 | zł187.29 Million | +45.03% |
| 2013-12-31 | zł129.13 Million | -26.98% |
| 2012-12-31 | zł176.84 Million | +0.23% |
| 2011-12-31 | zł176.44 Million | -10.16% |
| 2010-12-31 | zł196.39 Million | -30.92% |
| 2009-12-31 | zł284.29 Million | +12.40% |
| 2008-12-31 | zł252.93 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Cognor S.A.'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 4648300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł31.26 Million | 2.83% |
| Common Stock | zł257.13 Million | 23.29% |
| Other Comprehensive Income | zł815.53 Million | 73.88% |
| Total Equity | zł1.10 Billion | 100.00% |
Cognor S.A. Competitors by Market Cap
The table below lists competitors of Cognor S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DORO AB
ST:DORO
|
$86.67 Million |
|
SIVERS SEMICONDUCTORS AB
F:2DG
|
$86.69 Million |
|
Aqylon Nexus Limited
NSE:AQYLON
|
$86.70 Million |
|
Fleetwood Ltd
AU:FWD
|
$86.73 Million |
|
LITERACY CAPITAL LS-001
F:26W
|
$86.65 Million |
|
Safkar Ege Sogutmacilik Klima Soguk Hava Tesisleri Ihracat Ithalat Sanayi ve Tic
IS:SAFKR
|
$86.64 Million |
|
Isu Chemical Co Ltd
KO:005950
|
$86.62 Million |
|
Comet Ridge Ltd
AU:COI
|
$86.62 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cognor S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,161,948,000 to 1,103,921,000, a change of -58,027,000 (-5.0%).
- Net loss of 53,972,000 reduced equity.
- Dividend payments of 108,000 reduced retained earnings.
- Other comprehensive income increased equity by 118,483,000.
- Other factors decreased equity by 122,430,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-53.97 Million | -4.89% |
| Dividends Paid | zł108.00K | -0.01% |
| Other Comprehensive Income | zł118.48 Million | +10.73% |
| Other Changes | zł-122.43 Million | -11.09% |
| Total Change | zł- | -4.99% |
Book Value vs Market Value Analysis
This analysis compares Cognor S.A.'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: 0.77x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł7.19 | zł4.96 | x |
| 2009-12-31 | zł5.31 | zł4.96 | x |
| 2010-12-31 | zł3.20 | zł4.96 | x |
| 2011-12-31 | zł2.48 | zł4.96 | x |
| 2012-12-31 | zł2.48 | zł4.96 | x |
| 2013-12-31 | zł1.74 | zł4.96 | x |
| 2014-12-31 | zł1.52 | zł4.96 | x |
| 2015-12-31 | zł1.30 | zł4.96 | x |
| 2016-12-31 | zł1.31 | zł4.96 | x |
| 2017-12-31 | zł1.93 | zł4.96 | x |
| 2018-12-31 | zł1.83 | zł4.96 | x |
| 2019-12-31 | zł1.63 | zł4.96 | x |
| 2020-12-31 | zł1.68 | zł4.96 | x |
| 2021-12-31 | zł3.52 | zł4.96 | x |
| 2022-12-31 | zł6.74 | zł4.96 | x |
| 2023-12-31 | zł6.18 | zł4.96 | x |
| 2024-12-31 | zł6.44 | zł4.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cognor S.A. 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): -4.89%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.35%
- • Asset Turnover: 0.87x
- • Equity Multiplier: 2.38x
- Recent ROE (-4.89%) is below the historical average (5.75%), 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 | -5.32% | -1.60% | 2.21x | 1.51x | zł-38.74 Million |
| 2009 | -13.26% | -3.99% | 1.53x | 2.18x | zł-66.41 Million |
| 2010 | -91.61% | -18.45% | 2.70x | 1.84x | zł-199.56 Million |
| 2011 | 70.52% | 7.47% | 1.58x | 5.96x | zł99.40 Million |
| 2012 | -0.27% | -0.03% | 1.53x | 5.58x | zł-16.84 Million |
| 2013 | -42.08% | -3.75% | 1.42x | 7.89x | zł-60.11 Million |
| 2014 | 0.02% | 0.00% | 1.51x | 5.66x | zł-16.57 Million |
| 2015 | -9.21% | -0.99% | 1.61x | 5.75x | zł-28.27 Million |
| 2016 | 2.82% | 0.30% | 1.51x | 6.30x | zł-10.20 Million |
| 2017 | 21.12% | 2.66% | 1.88x | 4.22x | zł25.07 Million |
| 2018 | 24.64% | 3.29% | 2.08x | 3.60x | zł40.72 Million |
| 2019 | 7.38% | 1.00% | 1.81x | 4.06x | zł-6.77 Million |
| 2020 | 11.35% | 1.89% | 1.68x | 3.58x | zł3.90 Million |
| 2021 | 56.76% | 12.19% | 1.87x | 2.49x | zł282.38 Million |
| 2022 | 49.99% | 15.76% | 1.76x | 1.80x | zł462.31 Million |
| 2023 | 19.73% | 8.42% | 1.20x | 1.96x | zł113.06 Million |
| 2024 | -4.89% | -2.35% | 0.87x | 2.38x | zł-164.36 Million |
Industry Comparison
This section compares Cognor S.A.'s net assets metrics with peer companies in the Steel industry.
Industry Context
- Industry: Steel
- Average net assets among peers: $313,342,388
- Average return on equity (ROE) among peers: -42.68%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cognor S.A. (COG) | zł1.19 Billion | -5.32% | 1.34x | $86.66 Million |
| Bowim S.A. (BOW) | $83.62 Million | 1.42% | 2.63x | $6.79 Million |
| Ferrum S.A. (FER) | $47.99 Million | -103.47% | 4.47x | $2.62 Million |
| Izostal SA (IZS) | $210.54 Million | 7.21% | 1.57x | $10.28 Million |
| Stalprodukt SA (STP) | $1.43 Billion | 10.17% | 0.21x | $65.87 Million |
| Zamet Industry SA (ZMT) | $95.64 Million | -1.38% | 0.57x | $8.88 Million |
| Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE) | $10.46 Million | -170.05% | 4.27x | $24.65 Million |