Eurotel SA (ETL) - Net Assets

Latest as of September 2025: zł85.53 Million PLN ≈ $23.54 Million USD

Based on the latest financial reports, Eurotel SA (ETL) has net assets worth zł85.53 Million PLN (≈ $23.54 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 (zł182.25 Million ≈ $50.16 Million USD) and total liabilities (zł96.72 Million ≈ $26.62 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 ETL financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł85.53 Million
% of Total Assets	46.93%
Annual Growth Rate	5.43%
5-Year Change	-8.64%
10-Year Change	70.58%
Growth Volatility	11.77

Eurotel SA - Net Assets Trend (2008–2024)

This chart illustrates how Eurotel SA's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Eurotel SA for the complete picture of this company's asset base.

Annual Net Assets for Eurotel SA (2008–2024)

The table below shows the annual net assets of Eurotel SA from 2008 to 2024. For live valuation and market cap data, see Eurotel SA stock valuation.

Year	Net Assets	Change
2024-12-31	zł75.56 Million ≈ $20.80 Million	-4.25%
2023-12-31	zł78.92 Million ≈ $21.72 Million	-23.88%
2022-12-31	zł103.68 Million ≈ $28.53 Million	+23.83%
2021-12-31	zł83.72 Million ≈ $23.04 Million	+1.23%
2020-12-31	zł82.71 Million ≈ $22.76 Million	+31.03%
2019-12-31	zł63.12 Million ≈ $17.37 Million	+13.72%
2018-12-31	zł55.51 Million ≈ $15.28 Million	+5.22%
2017-12-31	zł52.75 Million ≈ $14.52 Million	+9.04%
2016-12-31	zł48.38 Million ≈ $13.31 Million	+9.21%
2015-12-31	zł44.30 Million ≈ $12.19 Million	+10.70%
2014-12-31	zł40.02 Million ≈ $11.01 Million	+3.54%
2013-12-31	zł38.65 Million ≈ $10.64 Million	-5.14%
2012-12-31	zł40.74 Million ≈ $11.21 Million	+7.46%
2011-12-31	zł37.91 Million ≈ $10.43 Million	+6.76%
2010-12-31	zł35.51 Million ≈ $9.77 Million	+7.48%
2009-12-31	zł33.04 Million ≈ $9.09 Million	+1.95%
2008-12-31	zł32.41 Million ≈ $8.92 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Eurotel 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 272.2% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	zł24.37 Million	32.25%
Common Stock	zł750.00K	0.99%
Other Comprehensive Income	zł31.70 Million	41.95%
Other Components	zł18.74 Million	24.80%
Total Equity	zł75.56 Million	100.00%

Eurotel SA Competitors by Market Cap

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

Company	Market Cap
System1 Inc NYSE:SST	$25.59 Million
Adore Beauty Group Ltd AU:ABY	$25.60 Million
Zenith Minerals Ltd AU:ZNC	$25.60 Million
Microbix Biosystems Inc. TO:MBX	$25.60 Million
Gencurix Inc KQ:229000	$25.56 Million
Ranix INC KQ:317120	$25.55 Million
Data I/O Corporation NASDAQ:DAIO	$25.54 Million
Allbirds Inc NASDAQ:BIRD	$25.54 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 78,919,000 to 75,562,000, a change of -3,357,000 (-4.3%).
Net income of 11,637,000 contributed positively to equity growth.
Dividend payments of 14,993,000 reduced retained earnings.
Other comprehensive income increased equity by 3,806,000.
Other factors decreased equity by 3,807,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł11.64 Million	+15.4%
Dividends Paid	zł14.99 Million	-19.84%
Other Comprehensive Income	zł3.81 Million	+5.04%
Other Changes	zł-3.81 Million	-5.04%
Total Change	zł-	-4.25%

Book Value vs Market Value Analysis

This analysis compares Eurotel 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: 1.23x
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 2.99x to 1.23x 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	zł8.30	zł24.80	x
2009-12-31	zł8.46	zł24.80	x
2010-12-31	zł9.30	zł24.80	x
2011-12-31	zł9.91	zł24.80	x
2012-12-31	zł10.47	zł24.80	x
2013-12-31	zł10.23	zł24.80	x
2014-12-31	zł10.68	zł24.80	x
2015-12-31	zł11.82	zł24.80	x
2016-12-31	zł12.91	zł24.80	x
2017-12-31	zł14.07	zł24.80	x
2018-12-31	zł14.81	zł24.80	x
2019-12-31	zł16.84	zł24.80	x
2020-12-31	zł22.07	zł24.80	x
2021-12-31	zł22.34	zł24.80	x
2022-12-31	zł27.66	zł24.80	x
2023-12-31	zł21.05	zł24.80	x
2024-12-31	zł20.16	zł24.80	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Eurotel 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): 15.40%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 2.43%
• Asset Turnover: 2.43x
• Equity Multiplier: 2.60x
Recent ROE (15.40%) is below the historical average (20.84%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	17.97%	7.14%	1.94x	1.30x	zł2.58 Million
2009	18.24%	5.72%	2.06x	1.54x	zł2.72 Million
2010	18.86%	5.87%	2.08x	1.55x	zł3.14 Million
2011	19.39%	6.35%	1.72x	1.77x	zł3.49 Million
2012	19.72%	6.08%	1.80x	1.80x	zł3.81 Million
2013	13.49%	3.77%	1.81x	1.98x	zł1.34 Million
2014	14.33%	3.48%	2.04x	2.02x	zł1.73 Million
2015	18.13%	2.85%	3.25x	1.95x	zł3.60 Million
2016	19.28%	2.76%	3.72x	1.88x	zł4.49 Million
2017	22.10%	3.41%	3.00x	2.16x	zł6.38 Million
2018	19.82%	2.77%	3.39x	2.11x	zł5.45 Million
2019	25.13%	3.64%	2.41x	2.86x	zł9.55 Million
2020	23.68%	4.58%	2.47x	2.09x	zł11.32 Million
2021	28.97%	4.95%	2.66x	2.21x	zł15.89 Million
2022	39.08%	6.53%	2.94x	2.04x	zł30.14 Million
2023	20.64%	3.76%	2.35x	2.34x	zł8.40 Million
2024	15.40%	2.43%	2.43x	2.60x	zł4.08 Million

Industry Comparison

This section compares Eurotel SA's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

Industry: Telecom Services
Average net assets among peers: $8,822,592,898
Average return on equity (ROE) among peers: 7.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Eurotel SA (ETL)	zł85.53 Million	17.97%	1.13x	$25.58 Million
OrangePL (OPL)	$17.39 Billion	12.74%	1.03x	$5.37 Billion
Wasko S.A. (WAS)	$251.19 Million	2.75%	0.91x	$153.65 Million

About Eurotel SA

WAR:ETL Poland Telecom Services

Market Cap

$25.58 Million

zł92.96 Million PLN

Market Cap Rank

#24246 Global

#235 in Poland

Share Price

zł24.80

Change (1 day)

-3.69%

52-Week Range

zł18.00 - zł33.00

All Time High

zł64.24