Elektrotim SA (ELT) - Net Assets

Latest as of September 2025: zł123.29 Million PLN ≈ $33.93 Million USD

Based on the latest financial reports, Elektrotim SA (ELT) has net assets worth zł123.29 Million PLN (≈ $33.93 Million USD) 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 ≈ $78.09 Million USD) and total liabilities (zł160.44 Million ≈ $44.16 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 Elektrotim SA (ELT) asset resilience to evaluate the company's liquid asset resilience ratio.

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. Also explore ELT current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Elektrotim SA (2008–2024)

The table below shows the annual net assets of Elektrotim SA from 2008 to 2024. For live valuation and market cap data, see how much is Elektrotim SA worth.

Year	Net Assets	Change
2024-12-31	zł134.37 Million ≈ $36.98 Million	+30.24%
2023-12-31	zł103.17 Million ≈ $28.39 Million	+4.09%
2022-12-31	zł99.12 Million ≈ $27.28 Million	+27.17%
2021-12-31	zł77.94 Million ≈ $21.45 Million	+9.39%
2020-12-31	zł71.25 Million ≈ $19.61 Million	+30.90%
2019-12-31	zł54.43 Million ≈ $14.98 Million	-23.82%
2018-12-31	zł71.45 Million ≈ $19.67 Million	-6.53%
2017-12-31	zł76.45 Million ≈ $21.04 Million	-9.54%
2016-12-31	zł84.51 Million ≈ $23.26 Million	-14.09%
2015-12-31	zł98.38 Million ≈ $27.07 Million	+20.07%
2014-12-31	zł81.93 Million ≈ $22.55 Million	-7.97%
2013-12-31	zł89.03 Million ≈ $24.50 Million	+1.92%
2012-12-31	zł87.35 Million ≈ $24.04 Million	-2.88%
2011-12-31	zł89.94 Million ≈ $24.75 Million	+3.87%
2010-12-31	zł86.59 Million ≈ $23.83 Million	-8.05%
2009-12-31	zł94.17 Million ≈ $25.92 Million	+4.44%
2008-12-31	zł90.17 Million ≈ $24.82 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.

Company	Market Cap
ezCaretech Co. LTD KQ:099750	$158.32 Million
ECB Bancorp Inc. NASDAQ:ECBK	$158.34 Million
Freightcar America Inc NASDAQ:RAIL	$158.36 Million
Fountaine Pajo PA:ALFPC	$158.36 Million
Silver Mountain Resources Inc V:AGMR	$158.25 Million
Libstar Holdings Ltd JSE:LBR	$158.23 Million
Sino-Ocean Group Holding Limited F:3SD	$158.20 Million
Theta Gold Mines Ltd AU:TGM	$158.19 Million

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: 4.29x
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 6.20x to 4.29x 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	zł57.60	x
2009-12-31	zł9.63	zł57.60	x
2010-12-31	zł8.61	zł57.60	x
2011-12-31	zł8.81	zł57.60	x
2012-12-31	zł8.46	zł57.60	x
2013-12-31	zł8.64	zł57.60	x
2014-12-31	zł8.02	zł57.60	x
2015-12-31	zł9.56	zł57.60	x
2016-12-31	zł8.29	zł57.60	x
2017-12-31	zł7.48	zł57.60	x
2018-12-31	zł7.02	zł57.60	x
2019-12-31	zł5.31	zł57.60	x
2020-12-31	zł6.96	zł57.60	x
2021-12-31	zł7.63	zł57.60	x
2022-12-31	zł9.82	zł57.60	x
2023-12-31	zł10.55	zł57.60	x
2024-12-31	zł13.43	zł57.60	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	$158.25 Million
Apator S.A. (APT)	$89.09 Million	40.42%	0.27x	$203.62 Million
Lena Lighting S.A. (LEN)	$94.31 Million	6.49%	0.12x	$15.54 Million
Relpol SA (RLP)	$59.26 Million	-19.60%	0.45x	$14.70 Million

About Elektrotim SA

WAR:ELT Poland Electrical Equipment & Parts

Market Cap

$158.25 Million

zł575.02 Million PLN

Market Cap Rank

#17425 Global

#117 in Poland

Share Price

zł57.60

Change (1 day)

+0.96%

52-Week Range

zł39.40 - zł57.60

All Time High

zł57.60