Dekpol SA (DEK) - Net Assets
Based on the latest financial reports, Dekpol SA (DEK) has net assets worth zł714.78 Million PLN (≈ $196.72 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 (zł1.94 Billion ≈ $533.47 Million USD) and total liabilities (zł1.22 Billion ≈ $336.75 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. Check Dekpol SA liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł714.78 Million |
| % of Total Assets | 36.88% |
| Annual Growth Rate | 24.9% |
| 5-Year Change | 84.57% |
| 10-Year Change | 414.55% |
| Growth Volatility | 12.2 |
Dekpol SA - Net Assets Trend (2012–2025)
This chart illustrates how Dekpol SA's net assets have evolved over time, based on quarterly financial data. Also explore Dekpol SA (DEK) total assets for the complete picture of this company's asset base.
Annual Net Assets for Dekpol SA (2012–2025)
The table below shows the annual net assets of Dekpol SA from 2012 to 2025. For live valuation and market cap data, see DEK market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł714.78 Million ≈ $196.72 Million |
+11.81% |
| 2024-12-31 | zł639.27 Million ≈ $175.94 Million |
+10.63% |
| 2023-12-31 | zł577.86 Million ≈ $159.04 Million |
+21.16% |
| 2022-12-31 | zł476.96 Million ≈ $131.27 Million |
+23.16% |
| 2021-12-31 | zł387.27 Million ≈ $106.58 Million |
+31.96% |
| 2020-12-31 | zł293.48 Million ≈ $80.77 Million |
+21.12% |
| 2019-12-31 | zł242.31 Million ≈ $66.69 Million |
+26.52% |
| 2018-12-31 | zł191.53 Million ≈ $52.71 Million |
+14.38% |
| 2017-12-31 | zł167.44 Million ≈ $46.08 Million |
+20.54% |
| 2016-12-31 | zł138.91 Million ≈ $38.23 Million |
+19.74% |
| 2015-12-31 | zł116.01 Million ≈ $31.93 Million |
+53.98% |
| 2014-12-31 | zł75.34 Million ≈ $20.74 Million |
+29.69% |
| 2013-12-31 | zł58.10 Million ≈ $15.99 Million |
+46.25% |
| 2012-12-31 | zł39.72 Million ≈ $10.93 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Dekpol 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 1870.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł656.34 Million | 93.99% |
| Other Components | zł41.94 Million | 6.01% |
| Total Equity | zł698.28 Million | 100.00% |
Dekpol SA Competitors by Market Cap
The table below lists competitors of Dekpol SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Korro Bio, Inc.
NASDAQ:KRRO
|
$165.28 Million |
|
Yatsen Holding
NYSE:YSG
|
$165.34 Million |
|
A Paradise Acquisition Corp.
NYSE:APAD
|
$165.42 Million |
|
Oriola-KD Oyj B
HE:OKDBV
|
$165.45 Million |
|
1911 Gold Corp
V:AUMB
|
$165.07 Million |
|
Landmark Bancorp Inc
NASDAQ:LARK
|
$165.06 Million |
|
CVC Ltd
AU:CVC
|
$165.06 Million |
|
Sajo Ind
KO:007160
|
$165.02 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dekpol SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 622,713,000 to 698,281,000, a change of 75,568,000 (12.1%).
- Net income of 104,434,000 contributed positively to equity growth.
- Dividend payments of 28,851,000 reduced retained earnings.
- Other comprehensive income decreased equity by 7,283,000.
- Other factors increased equity by 7,268,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł104.43 Million | +14.96% |
| Dividends Paid | zł28.85 Million | -4.13% |
| Other Comprehensive Income | zł-7.28 Million | -1.04% |
| Other Changes | zł7.27 Million | +1.04% |
| Total Change | zł- | 12.14% |
Book Value vs Market Value Analysis
This analysis compares Dekpol 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: 0.86x
- 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 11.59x to 0.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | zł6.20 | zł71.80 | x |
| 2013-12-31 | zł9.06 | zł71.80 | x |
| 2014-12-31 | zł9.01 | zł71.80 | x |
| 2015-12-31 | zł13.93 | zł71.80 | x |
| 2016-12-31 | zł16.61 | zł71.80 | x |
| 2017-12-31 | zł20.02 | zł71.80 | x |
| 2018-12-31 | zł22.90 | zł71.80 | x |
| 2019-12-31 | zł28.97 | zł71.80 | x |
| 2020-12-31 | zł34.85 | zł71.80 | x |
| 2021-12-31 | zł44.07 | zł71.80 | x |
| 2022-12-31 | zł54.77 | zł71.80 | x |
| 2023-12-31 | zł66.71 | zł71.80 | x |
| 2024-12-31 | zł74.46 | zł71.80 | x |
| 2025-12-31 | zł83.50 | zł71.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dekpol 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): 14.96%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.57%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 2.78x
- Recent ROE (14.96%) is below the historical average (17.73%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 8.36% | 2.04% | 1.22x | 3.35x | zł-651.54K |
| 2013 | 29.19% | 8.62% | 1.13x | 3.00x | zł11.15 Million |
| 2014 | 22.89% | 6.87% | 1.15x | 2.90x | zł9.71 Million |
| 2015 | 10.69% | 4.00% | 0.95x | 2.83x | zł804.70K |
| 2016 | 16.49% | 8.85% | 0.55x | 3.36x | zł9.01 Million |
| 2017 | 19.68% | 5.69% | 1.05x | 3.29x | zł16.22 Million |
| 2018 | 17.73% | 4.06% | 0.93x | 4.70x | zł14.80 Million |
| 2019 | 20.96% | 6.58% | 0.81x | 3.94x | zł26.56 Million |
| 2020 | 18.10% | 5.00% | 1.11x | 3.27x | zł23.62 Million |
| 2021 | 20.56% | 6.04% | 0.93x | 3.68x | zł38.94 Million |
| 2022 | 17.20% | 5.68% | 1.00x | 3.03x | zł32.99 Million |
| 2023 | 16.01% | 5.69% | 1.02x | 2.77x | zł33.54 Million |
| 2024 | 15.45% | 6.85% | 0.84x | 2.69x | zł33.94 Million |
| 2025 | 14.96% | 5.57% | 0.97x | 2.78x | zł34.61 Million |
Industry Comparison
This section compares Dekpol SA's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $266,872,408
- Average return on equity (ROE) among peers: 13.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dekpol SA (DEK) | zł714.78 Million | 8.36% | 1.71x | $165.25 Million |
| Atrem S.A. (ATR) | $55.46 Million | 18.03% | 1.44x | $148.60 Million |
| Budimex S.A. (BDX) | $586.18 Million | 29.63% | 4.70x | $4.83 Billion |
| Energoaparatura S.A. (ENP) | $18.34 Million | 5.73% | 0.67x | $20.04 Million |
| Erbud SA (ERB) | $665.48 Million | 1.25% | 2.03x | $82.90 Million |
| INSTAL KRAKÓW SA (INK) | $126.12 Million | 18.52% | 0.74x | $74.99 Million |
| Interbud-Lublin SA (ITB) | $50.02 Million | 20.98% | 2.07x | $5.88 Million |
| Mirbud SA (MRB) | $681.99 Million | 17.48% | 2.30x | $333.29 Million |
| MOSTOSTAL Płock SA (MSP) | $24.89 Million | 17.96% | 2.65x | $7.05 Million |
| Mostostal Warszawa S.A. (MSW) | $193.37 Million | -5.97% | 6.07x | $22.57 Million |
About Dekpol SA
Dekpol S.A. primary engages in the general contracting and steel structures and equipment businesses in Poland. The company constructs industrial, public utility, sports and recreational facilities; environmental protection facilities; sanitary, road and hydrotechnical works; produces buckets and integrated accessories for machines; and engages in sells of housing estates, single-family housing e… Read more