Fast Finance SA
Fast Finance S.A. engages in the recovery of consumer debt portfolios acquired from regulated market participants, including banks and telecoms. It also operates as an issuer of corporate bonds on the catalyst market. The company was founded in 2004 and is based in Wroclaw, Poland.
Fast Finance SA (FFI) - Net Assets
Latest net assets as of September 2023: zł330.22K PLN
Based on the latest financial reports, Fast Finance SA (FFI) has net assets worth zł330.22K PLN as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł1.67 Million) and total liabilities (zł1.34 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 | zł330.22K |
| % of Total Assets | 19.74% |
| Annual Growth Rate | N/A |
| 5-Year Change | -714.54% |
| 10-Year Change | -137.29% |
| Growth Volatility | 514.52 |
Fast Finance SA - Net Assets Trend (2008–2022)
This chart illustrates how Fast Finance 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 Fast Finance SA (2008–2022)
The table below shows the annual net assets of Fast Finance SA from 2008 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | zł-15.83 Million | +57.16% |
| 2021-12-31 | zł-36.94 Million | +12.49% |
| 2020-12-31 | zł-42.22 Million | +1.87% |
| 2019-12-31 | zł-43.02 Million | -1770.45% |
| 2018-12-31 | zł2.58 Million | -96.67% |
| 2017-12-31 | zł77.46 Million | +10.54% |
| 2016-12-31 | zł70.08 Million | +12.61% |
| 2015-12-31 | zł62.23 Million | +18.92% |
| 2014-12-31 | zł52.33 Million | +23.27% |
| 2013-12-31 | zł42.45 Million | +24.05% |
| 2012-12-31 | zł34.22 Million | +27.31% |
| 2011-12-31 | zł26.88 Million | +34.32% |
| 2010-12-31 | zł20.01 Million | +45.29% |
| 2009-12-31 | zł13.77 Million | +47.08% |
| 2008-12-31 | zł9.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Fast Finance 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 decreased by 3104.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł1.00 Million | % |
| Other Components | zł74.43 Million | % |
| Total Equity | zł-15.83 Million | 100.00% |
Fast Finance SA Competitors by Market Cap
The table below lists competitors of Fast Finance SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SCANSOURCE (SC3.SG)
STU:SC3
|
$291.25K |
|
Sydinv Global Value A DKK Akk
CO:SYIGLVADKKAKK
|
$291.27K |
|
DARLING INTERNATL
BE:43D
|
$291.71K |
|
The Frontier Economic Fund
NYSE:AKAF
|
$291.73K |
|
Eurotex Industries and Exports Limited
NSE:EUROTEXIND
|
$290.91K |
|
Maj Invest Big Picture
CO:MAJBPI
|
$290.88K |
|
GETT Gold Inc
V:GETT
|
$290.82K |
|
ONETECH SOLUTIONS HOLDINGS BERHAD
KLSE:03041
|
$290.82K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fast Finance SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from -36,944,984 to -15,828,061, a change of 21,116,923.
- Net income of 26,163,204 contributed positively to equity growth.
- Other comprehensive income decreased equity by 74,426,323.
- Other factors increased equity by 69,380,042.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł26.16 Million | +165.3% |
| Other Comprehensive Income | zł-74.43 Million | -470.22% |
| Other Changes | zł69.38 Million | +438.34% |
| Total Change | zł- | % |
Book Value vs Market Value Analysis
This analysis compares Fast Finance 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł7.49 | zł1.01 | x |
| 2009-12-31 | zł11.02 | zł1.01 | x |
| 2010-12-31 | zł16.01 | zł1.01 | x |
| 2011-12-31 | zł21.51 | zł1.01 | x |
| 2012-12-31 | zł27.38 | zł1.01 | x |
| 2013-12-31 | zł33.96 | zł1.01 | x |
| 2014-12-31 | zł41.86 | zł1.01 | x |
| 2015-12-31 | zł49.78 | zł1.01 | x |
| 2016-12-31 | zł56.06 | zł1.01 | x |
| 2017-12-31 | zł61.97 | zł1.01 | x |
| 2018-12-31 | zł2.06 | zł1.01 | x |
| 2019-12-31 | zł-34.42 | zł1.01 | x |
| 2020-12-31 | zł-33.77 | zł1.01 | x |
| 2021-12-31 | zł-29.56 | zł1.01 | x |
| 2022-12-31 | zł-12.66 | zł1.01 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fast Finance 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1289.54%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-175.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 32.43% | 32.44% | 0.14x | 6.91x | zł2.10 Million |
| 2009 | 32.01% | 25.69% | 0.15x | 8.28x | zł3.03 Million |
| 2010 | 31.17% | 30.51% | 0.12x | 8.47x | zł4.24 Million |
| 2011 | 25.55% | 28.22% | 0.11x | 7.99x | zł4.18 Million |
| 2012 | 21.45% | 27.35% | 0.11x | 7.36x | zł3.92 Million |
| 2013 | 19.39% | 29.46% | 0.10x | 6.54x | zł3.98 Million |
| 2014 | 18.88% | 36.47% | 0.09x | 5.78x | zł4.64 Million |
| 2015 | 15.91% | 29.73% | 0.12x | 4.59x | zł3.68 Million |
| 2016 | 11.55% | 20.26% | 0.18x | 3.25x | zł1.08 Million |
| 2017 | 9.53% | 26.73% | 0.14x | 2.49x | zł-362.38K |
| 2018 | -2852.67% | -448.09% | 0.19x | 34.00x | zł-73.73 Million |
| 2019 | 0.00% | -261.33% | 0.70x | 0.00x | zł-13.41 Million |
| 2020 | 0.00% | 11.30% | 0.79x | 0.00x | zł4.97 Million |
| 2021 | 0.00% | -7.99% | 2.24x | 0.00x | zł3.19 Million |
| 2022 | 0.00% | 1289.54% | 0.71x | 0.00x | zł27.75 Million |
Industry Comparison
This section compares Fast Finance SA's net assets metrics with peer companies in the Credit Services industry.
Industry Context
- Industry: Credit Services
- Average net assets among peers: $114,613,167
- Average return on equity (ROE) among peers: 1.95%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fast Finance SA (FFI) | zł330.22K | 32.43% | 4.07x | $291.18K |
| Atlantis S.A. (ATS) | $6.66 Million | 0.77% | 0.27x | $1.70 Million |
| Best SA (BST) | $750.02 Million | 6.72% | 1.06x | $47.92 Million |
| Capitea S.A. (CAP) | $-61.82 Million | 0.00% | 0.00x | $5.95 Million |
| Fon SE (FON) | $14.92 Million | -4.49% | 0.01x | $1.06 Million |
| Investment Friends Capital SE (IFC) | $5.71 Million | 0.68% | 0.00x | $303.35K |
| Kredyt Inkaso SA (KRI) | $148.56 Million | -0.17% | 1.71x | $36.11 Million |
| Kruk SA (KRU) | $54.90 Million | 20.55% | 0.72x | $1.91 Billion |
| MW Trade S.A. (MWT) | $84.74 Million | 2.42% | 2.42x | $407.05K |
| PBS Finanse SA (PBF) | $27.84 Million | -8.90% | 0.08x | $608.00K |