Energa S.A. (ENG) - Net Assets

Latest as of September 2025: zł13.77 Billion PLN ≈ $3.79 Billion USD

Based on the latest financial reports, Energa S.A. (ENG) has net assets worth zł13.77 Billion PLN (≈ $3.79 Billion USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł36.23 Billion ≈ $9.97 Billion USD) and total liabilities (zł22.46 Billion ≈ $6.18 Billion 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 ENG capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł13.77 Billion
% of Total Assets	38.0%
Annual Growth Rate	3.43%
5-Year Change	45.08%
10-Year Change	43.91%
Growth Volatility	6.97

Energa S.A. - Net Assets Trend (2010–2024)

This chart illustrates how Energa S.A.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Energa S.A..

Annual Net Assets for Energa S.A. (2010–2024)

The table below shows the annual net assets of Energa S.A. from 2010 to 2024. Also explore net asset momentum of Energa S.A. to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2024-12-31	zł12.68 Billion ≈ $3.49 Billion	+1.95%
2023-12-31	zł12.44 Billion ≈ $3.42 Billion	+7.82%
2022-12-31	zł11.54 Billion ≈ $3.18 Billion	+16.07%
2021-12-31	zł9.94 Billion ≈ $2.74 Billion	+13.71%
2020-12-31	zł8.74 Billion ≈ $2.41 Billion	-5.62%
2019-12-31	zł9.26 Billion ≈ $2.55 Billion	-10.54%
2018-12-31	zł10.36 Billion ≈ $2.85 Billion	+9.41%
2017-12-31	zł9.46 Billion ≈ $2.60 Billion	+7.35%
2016-12-31	zł8.82 Billion ≈ $2.43 Billion	+0.03%
2015-12-31	zł8.81 Billion ≈ $2.43 Billion	+3.04%
2014-12-31	zł8.55 Billion ≈ $2.35 Billion	+6.28%
2013-12-31	zł8.05 Billion ≈ $2.22 Billion	+4.27%
2012-12-31	zł7.72 Billion ≈ $2.12 Billion	-2.12%
2011-12-31	zł7.89 Billion ≈ $2.17 Billion	-0.35%
2010-12-31	zł7.91 Billion ≈ $2.18 Billion	--

Equity Component Analysis

This analysis shows how different components contribute to Energa 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 137.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	zł4.50 Billion	38.12%
Common Stock	zł4.52 Billion	38.34%
Other Comprehensive Income	zł1.03 Billion	8.71%
Other Components	zł1.75 Billion	14.82%
Total Equity	zł11.79 Billion	100.00%

Energa S.A. Competitors by Market Cap

The table below lists competitors of Energa S.A. ranked by their market capitalization.

Company	Market Cap
CRRC Corporation Limited F:C2L	$3.12 Billion
Assured Guaranty Ltd NYSE:AGO	$3.12 Billion
SOLV Energy, Inc. Class A Common Stock NASDAQ:MWH	$3.12 Billion
Bank of Qingdao Co Ltd SHE:002948	$3.12 Billion
Bel Fuse B Inc NASDAQ:BELFB	$3.11 Billion
SEB SA PA:SK	$3.11 Billion
Luster LightTech Co. Ltd. Cl A SHG:688400	$3.11 Billion
XTC New Energy Materials Xiamen Co Ltd SHG:688778	$3.11 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 11,514,000,000 to 11,793,000,000, a change of 279,000,000 (2.4%).
Net income of 305,000,000 contributed positively to equity growth.
Other comprehensive income increased equity by 6,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł305.00 Million	+2.59%
Other Comprehensive Income	zł6.00 Million	+0.05%
Other Changes	zł-32.00 Million	-0.27%
Total Change	zł-	2.42%

Book Value vs Market Value Analysis

This analysis compares Energa 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: 0.96x
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 1.61x to 0.96x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2010-12-31	zł16.97	zł27.35	x
2011-12-31	zł18.90	zł27.35	x
2012-12-31	zł18.53	zł27.35	x
2013-12-31	zł19.40	zł27.35	x
2014-12-31	zł20.57	zł27.35	x
2015-12-31	zł21.18	zł27.35	x
2016-12-31	zł21.20	zł27.35	x
2017-12-31	zł22.73	zł27.35	x
2018-12-31	zł24.87	zł27.35	x
2019-12-31	zł22.35	zł27.35	x
2020-12-31	zł21.21	zł27.35	x
2021-12-31	zł24.17	zł27.35	x
2022-12-31	zł26.52	zł27.35	x
2023-12-31	zł27.81	zł27.35	x
2024-12-31	zł28.48	zł27.35	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Energa 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): 2.59%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.46%
• Asset Turnover: 0.59x
• Equity Multiplier: 3.02x
Recent ROE (2.59%) is below the historical average (5.42%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	8.60%	6.43%	0.74x	1.80x	zł-98.31 Million
2011	8.48%	6.44%	0.75x	1.75x	zł-118.65 Million
2012	5.96%	4.11%	0.75x	1.94x	zł-310.09 Million
2013	9.51%	6.73%	0.66x	2.13x	zł-39.48 Million
2014	11.53%	9.35%	0.58x	2.13x	zł130.57 Million
2015	9.49%	7.70%	0.59x	2.10x	zł-45.00 Million
2016	1.72%	1.48%	0.54x	2.13x	zł-726.70 Million
2017	8.22%	7.34%	0.50x	2.24x	zł-167.90 Million
2018	7.18%	7.15%	0.48x	2.10x	zł-290.50 Million
2019	-10.82%	-8.22%	0.58x	2.27x	zł-1.93 Billion
2020	-5.06%	-3.54%	0.64x	2.24x	zł-1.32 Billion
2021	9.67%	7.07%	0.64x	2.12x	zł-32.80 Million
2022	8.81%	4.73%	0.75x	2.48x	zł-131.10 Million
2023	5.36%	2.79%	0.70x	2.75x	zł-534.40 Million
2024	2.59%	1.46%	0.59x	3.02x	zł-874.30 Million

Industry Comparison

This section compares Energa S.A.'s net assets metrics with peer companies in the Utilities - Regulated Electric industry.

Industry Context

Industry: Utilities - Regulated Electric
Average net assets among peers: $13,691,848,200
Average return on equity (ROE) among peers: 5.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Energa S.A. (ENG)	zł13.77 Billion	8.60%	1.63x	$3.12 Billion
Elektrocieplownia Bedzin (BDZ)	$-420.60 Million	0.00%	0.00x	$32.36 Million
EuroHold Bulgaria AD (EHG)	$115.26 Million	7.35%	8.84x	$344.03 Million
Enea S.A. (ENA)	$13.01 Billion	6.03%	0.89x	$2.83 Billion
Kogeneracja SA (KGN)	$1.37 Billion	9.15%	0.65x	$317.80 Million
PGE Polska Grupa Energetyczna SA (PGE)	$54.38 Billion	6.12%	0.95x	$8.04 Billion

About Energa S.A.

WAR:ENG Poland Utilities - Regulated Electric

Market Cap

$3.12 Billion

zł11.32 Billion PLN

Market Cap Rank

#4797 Global

#30 in Poland

Share Price

zł27.35

Change (1 day)

-0.18%

52-Week Range

zł14.00 - zł27.40

All Time High

zł27.40