Elektrotim SA

WAR:ELT Poland Electrical Equipment & Parts
Market Cap
$122.44 Million
zł509.13 Million PLN
Market Cap Rank
#19110 Global
#88 in Poland
Share Price
zł51.00
Change (1 day)
+4.19%
52-Week Range
zł39.40 - zł55.30
All Time High
zł55.30
About

Elektrotim S.A., together with its subsidiaries, provides installation, traffic maintenance, high voltage, and traction power services in Poland. The company operates through Power networks, and Installations and infrastructure segments. It offers energy generation, energy transmission, energy distribution, railway and urban, and traction power supply infrastructure services; and road and urban i… Read more

Elektrotim SA (ELT) - Net Assets

Latest net assets as of September 2025: zł123.29 Million PLN

Based on the latest financial reports, Elektrotim SA (ELT) has net assets worth zł123.29 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 (zł283.73 Million) and total liabilities (zł160.44 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 zł123.29 Million
% of Total Assets 43.45%
Annual Growth Rate 2.52%
5-Year Change 88.58%
10-Year Change 36.59%
Growth Volatility 15.75

Elektrotim SA - Net Assets Trend (2008–2024)

This chart illustrates how Elektrotim 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 Elektrotim SA (2008–2024)

The table below shows the annual net assets of Elektrotim SA from 2008 to 2024.

Year Net Assets Change
2024-12-31 zł134.37 Million +30.24%
2023-12-31 zł103.17 Million +4.09%
2022-12-31 zł99.12 Million +27.17%
2021-12-31 zł77.94 Million +9.39%
2020-12-31 zł71.25 Million +30.90%
2019-12-31 zł54.43 Million -23.82%
2018-12-31 zł71.45 Million -6.53%
2017-12-31 zł76.45 Million -9.54%
2016-12-31 zł84.51 Million -14.09%
2015-12-31 zł98.38 Million +20.07%
2014-12-31 zł81.93 Million -7.97%
2013-12-31 zł89.03 Million +1.92%
2012-12-31 zł87.35 Million -2.88%
2011-12-31 zł89.94 Million +3.87%
2010-12-31 zł86.59 Million -8.05%
2009-12-31 zł94.17 Million +4.44%
2008-12-31 zł90.17 Million --

Equity Component Analysis

This analysis shows how different components contribute to Elektrotim 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 555.5% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł81.19 Million 60.55%
Common Stock zł9.98 Million 7.45%
Other Comprehensive Income zł-531.00K -0.40%
Other Components zł43.44 Million 32.40%
Total Equity zł134.08 Million 100.00%

Elektrotim SA Competitors by Market Cap

The table below lists competitors of Elektrotim SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Elektrotim SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 105,289,000 to 134,077,000, a change of 28,788,000 (27.3%).
  • Net income of 54,071,000 contributed positively to equity growth.
  • Dividend payments of 24,958,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 326,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł54.07 Million +40.33%
Dividends Paid zł24.96 Million -18.61%
Other Comprehensive Income zł-326.00K -0.24%
Other Changes zł1.00K +0.0%
Total Change zł- 27.34%

Book Value vs Market Value Analysis

This analysis compares Elektrotim 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: 3.80x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 5.49x to 3.80x 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 zł9.30 zł51.00 x
2009-12-31 zł9.63 zł51.00 x
2010-12-31 zł8.61 zł51.00 x
2011-12-31 zł8.81 zł51.00 x
2012-12-31 zł8.46 zł51.00 x
2013-12-31 zł8.64 zł51.00 x
2014-12-31 zł8.02 zł51.00 x
2015-12-31 zł9.56 zł51.00 x
2016-12-31 zł8.29 zł51.00 x
2017-12-31 zł7.48 zł51.00 x
2018-12-31 zł7.02 zł51.00 x
2019-12-31 zł5.31 zł51.00 x
2020-12-31 zł6.96 zł51.00 x
2021-12-31 zł7.63 zł51.00 x
2022-12-31 zł9.82 zł51.00 x
2023-12-31 zł10.55 zł51.00 x
2024-12-31 zł13.43 zł51.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Elektrotim 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): 40.33%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 10.30%
  • • Asset Turnover: 1.99x
  • • Equity Multiplier: 1.97x
  • Recent ROE (40.33%) is above the historical average (8.99%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 10.26% 7.65% 0.97x 1.38x zł232.30K
2009 9.59% 8.29% 0.91x 1.28x zł-383.00K
2010 4.47% 3.25% 0.96x 1.44x zł-4.68 Million
2011 11.09% 5.12% 1.36x 1.59x zł953.10K
2012 7.85% 3.13% 1.44x 1.74x zł-1.82 Million
2013 8.74% 3.40% 1.49x 1.73x zł-1.08 Million
2014 1.34% 0.54% 1.25x 1.98x zł-6.93 Million
2015 22.55% 6.08% 1.77x 2.10x zł11.97 Million
2016 -0.67% -0.22% 1.55x 2.01x zł-8.83 Million
2017 -6.00% -1.53% 1.67x 2.36x zł-11.95 Million
2018 -5.57% -1.26% 1.74x 2.55x zł-10.92 Million
2019 -27.33% -5.60% 1.65x 2.97x zł-19.78 Million
2020 23.87% 5.99% 1.52x 2.63x zł9.64 Million
2021 8.65% 2.38% 1.53x 2.37x zł-1.03 Million
2022 22.42% 4.35% 1.88x 2.74x zł12.18 Million
2023 21.25% 4.09% 2.04x 2.55x zł11.84 Million
2024 40.33% 10.30% 1.99x 1.97x zł40.66 Million

Industry Comparison

This section compares Elektrotim SA's net assets metrics with peer companies in the Electrical Equipment & Parts industry.

Industry Context

  • Industry: Electrical Equipment & Parts
  • Average net assets among peers: $80,889,667
  • Average return on equity (ROE) among peers: 9.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Elektrotim SA (ELT) zł123.29 Million 10.26% 1.30x $81.11 Million
Apator S.A. (APT) $89.09 Million 40.42% 0.27x $104.38 Million
Lena Lighting S.A. (LEN) $94.31 Million 6.49% 0.12x $5.07 Million
Relpol SA (RLP) $59.26 Million -19.60% 0.45x $7.56 Million