Caspar
Caspar Asset Management S.A. provides asset management services to individual and institutional clients in the Western Europe, the United States, and Poland markets. The company offers financial instruments, accepting and transmitting orders to buy or sell financial instruments, and investment advice, as well as creates and manages investment funds, and distributes units of investment funds. Casp… Read more
Caspar (CSR) - Net Assets
Latest net assets as of September 2025: zł33.71 Million PLN
Based on the latest financial reports, Caspar (CSR) has net assets worth zł33.71 Million PLN as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł45.41 Million) and total liabilities (zł11.70 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 | zł33.71 Million |
| % of Total Assets | 74.24% |
| Annual Growth Rate | N/A |
| 5-Year Change | -3.92% |
| 10-Year Change | N/A |
| Growth Volatility | 40.06 |
Caspar - Net Assets Trend (2015–2024)
This chart illustrates how Caspar's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Caspar (2015–2024)
The table below shows the annual net assets of Caspar from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł32.61 Million | +67.91% |
| 2023-12-31 | zł19.42 Million | -12.12% |
| 2022-12-31 | zł22.10 Million | -12.19% |
| 2021-12-31 | zł25.16 Million | -25.85% |
| 2020-12-31 | zł33.94 Million | +60.64% |
| 2019-12-31 | zł21.13 Million | +1319.54% |
| 2018-12-31 | zł-1.73 Million | +6.57% |
| 2017-12-31 | zł-1.85 Million | +3.64% |
| 2016-12-31 | zł-1.92 Million | -0.82% |
| 2015-12-31 | zł-1.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Caspar'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 58.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł17.07 Million | 63.17% |
| Common Stock | zł1.97 Million | 7.30% |
| Other Comprehensive Income | zł173.00K | 0.64% |
| Other Components | zł7.80 Million | 28.89% |
| Total Equity | zł27.01 Million | 100.00% |
Caspar Competitors by Market Cap
The table below lists competitors of Caspar ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wellnex Life Ltd
AU:WNX
|
$1.77 Million |
|
Ignite Ltd
AU:IGN
|
$1.77 Million |
|
Millennium Group International Holdings Limited Ordinary Shares
NASDAQ:MGIH
|
$1.77 Million |
|
WABTEC
BE:WB2
|
$1.78 Million |
|
Syntholene Energy Corp.
V:ESAF
|
$1.77 Million |
|
Mercanto Holdings Inc.
PINK:TGSHF
|
$1.77 Million |
|
Oberstdorfer Bergbahn AG
MU:KVO
|
$1.77 Million |
|
Desert Metals Ltd
AU:DM1
|
$1.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Caspar's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 19,358,000 to 27,013,000, a change of 7,655,000 (39.5%).
- Net income of 1,780,000 contributed positively to equity growth.
- Dividend payments of 2,071,000 reduced retained earnings.
- Other comprehensive income increased equity by 97,001.
- Other factors increased equity by 7,848,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł1.78 Million | +6.59% |
| Dividends Paid | zł2.07 Million | -7.67% |
| Other Comprehensive Income | zł97.00K | +0.36% |
| Other Changes | zł7.85 Million | +29.06% |
| Total Change | zł- | 39.54% |
Book Value vs Market Value Analysis
This analysis compares Caspar'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: 1.82x
- 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 4.11x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | zł1.21 | zł4.96 | x |
| 2015-12-31 | zł3.43 | zł4.96 | x |
| 2016-12-31 | zł1.26 | zł4.96 | x |
| 2017-12-31 | zł1.48 | zł4.96 | x |
| 2018-12-31 | zł1.38 | zł4.96 | x |
| 2019-12-31 | zł1.44 | zł4.96 | x |
| 2020-12-31 | zł3.44 | zł4.96 | x |
| 2021-12-31 | zł2.55 | zł4.96 | x |
| 2022-12-31 | zł2.23 | zł4.96 | x |
| 2023-12-31 | zł1.96 | zł4.96 | x |
| 2024-12-31 | zł2.73 | zł4.96 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Caspar 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): 6.59%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.49%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.66x
- Recent ROE (6.59%) is below the historical average (21.27%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 11.97% | 12.90% | 0.00x | 0.00x | zł234.93K |
| 2015 | 6.96% | 7.84% | 162.12x | 0.01x | zł-353.41K |
| 2016 | 11.04% | 13.28% | 214.68x | 0.00x | zł129.10K |
| 2017 | 16.60% | 17.21% | 119.19x | 0.01x | zł963.35K |
| 2018 | 9.25% | 8.25% | 63.57x | 0.02x | zł-102.01K |
| 2019 | 28.37% | 19.40% | 0.96x | 1.52x | zł2.60 Million |
| 2020 | 77.30% | 47.76% | 1.05x | 1.55x | zł22.80 Million |
| 2021 | 33.74% | 22.56% | 1.14x | 1.31x | zł5.96 Million |
| 2022 | 19.24% | 12.19% | 1.09x | 1.44x | zł2.04 Million |
| 2023 | 12.88% | 7.91% | 1.05x | 1.55x | zł558.20K |
| 2024 | 6.59% | 4.49% | 0.88x | 1.66x | zł-921.30K |
Industry Comparison
This section compares Caspar's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $123,984,546
- Average return on equity (ROE) among peers: -11.38%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Caspar (CSR) | zł33.71 Million | 11.97% | 0.35x | $1.77 Million |
| Magna Polonia SA (06N) | $8.85 Million | 9.69% | 11.00x | $5.84 Million |
| Alta S.A. (AAT) | $204.52 Million | 3.71% | 0.00x | $2.97 Million |
| Altustfi (ALI) | $152.77 Million | 9.88% | 0.15x | $16.35 Million |
| Capital Partners S.A. (CPA) | $43.17 Million | -27.66% | 0.14x | $3.14 Million |
| One SA (FMG) | $30.74 Million | 2.55% | 1.56x | $2.39 Million |
| Immobile (GKI) | $148.04 Million | 1.55% | 0.89x | $47.60 Million |
| Impera Capital S.A. (IMP) | $17.44 Million | 11.94% | 0.05x | $1.36 Million |
| JR Invest SA (JRH) | $302.37 Million | -124.48% | 0.48x | $13.46 Million |
| MCI Management SA (MCI) | $207.96 Million | 10.36% | 0.44x | $94.64 Million |