Ferro S.A.

WAR:FRO Poland Building Products & Equipment
Market Cap
$156.84 Million
zł652.15 Million PLN
Market Cap Rank
#16302 Global
#63 in Poland
Share Price
zł30.70
Change (1 day)
+1.99%
52-Week Range
zł26.50 - zł38.50
All Time High
zł38.50
About

FERRO S.A. manufactures and sells sanitary and plumbing fixtures in Central and Eastern Europe. It offers mixers, showers, sinks, bathroom accessories, and sanitary ware, as well as service and other accessories. The company also provides heating solutions, such as water systems, measurement, brass, and gas fittings; control valves; expansion vessels; pumps; radiators and accessories; radiator fi… Read more

Ferro S.A. (FRO) - Net Assets

Latest net assets as of September 2025: zł444.10 Million PLN

Based on the latest financial reports, Ferro S.A. (FRO) has net assets worth zł444.10 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 (zł824.90 Million) and total liabilities (zł380.80 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 zł444.10 Million
% of Total Assets 53.84%
Annual Growth Rate 16.24%
5-Year Change 44.69%
10-Year Change 133.56%
Growth Volatility 40.17

Ferro S.A. - Net Assets Trend (2008–2024)

This chart illustrates how Ferro S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Ferro S.A. (2008–2024)

The table below shows the annual net assets of Ferro S.A. from 2008 to 2024.

Year Net Assets Change
2024-12-31 zł453.20 Million -0.60%
2023-12-31 zł455.94 Million +2.39%
2022-12-31 zł445.28 Million +11.24%
2021-12-31 zł400.30 Million +27.80%
2020-12-31 zł313.21 Million +25.13%
2019-12-31 zł250.32 Million +7.34%
2018-12-31 zł233.20 Million +17.59%
2017-12-31 zł198.32 Million -7.19%
2016-12-31 zł213.67 Million +10.11%
2015-12-31 zł194.05 Million +2.63%
2014-12-31 zł189.07 Million +2.19%
2013-12-31 zł185.02 Million +2.78%
2012-12-31 zł180.02 Million +1.42%
2011-12-31 zł177.50 Million +168.09%
2010-12-31 zł66.21 Million +45.67%
2009-12-31 zł45.45 Million +11.44%
2008-12-31 zł40.79 Million --

Equity Component Analysis

This analysis shows how different components contribute to Ferro 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 996.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł341.00 Million 75.99%
Common Stock zł21.24 Million 4.73%
Other Comprehensive Income zł4.12 Million 0.92%
Other Components zł82.37 Million 18.36%
Total Equity zł448.74 Million 100.00%

Ferro S.A. Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 451,148,000 to 448,744,000, a change of -2,404,000 (-0.5%).
  • Net income of 72,227,000 contributed positively to equity growth.
  • Dividend payments of 67,127,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 7,504,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł72.23 Million +16.1%
Dividends Paid zł67.13 Million -14.96%
Other Comprehensive Income zł-7.50 Million -1.67%
Total Change zł- -0.53%

Book Value vs Market Value Analysis

This analysis compares Ferro 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: 1.45x
  • 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 7.14x to 1.45x 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 zł4.30 zł30.70 x
2009-12-31 zł4.78 zł30.70 x
2010-12-31 zł6.29 zł30.70 x
2011-12-31 zł9.67 zł30.70 x
2012-12-31 zł8.50 zł30.70 x
2013-12-31 zł8.79 zł30.70 x
2014-12-31 zł8.90 zł30.70 x
2015-12-31 zł9.13 zł30.70 x
2016-12-31 zł10.06 zł30.70 x
2017-12-31 zł9.34 zł30.70 x
2018-12-31 zł10.98 zł30.70 x
2019-12-31 zł11.78 zł30.70 x
2020-12-31 zł14.74 zł30.70 x
2021-12-31 zł18.19 zł30.70 x
2022-12-31 zł20.66 zł30.70 x
2023-12-31 zł21.24 zł30.70 x
2024-12-31 zł21.12 zł30.70 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ferro 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): 16.10%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.22%
  • • Asset Turnover: 1.04x
  • • Equity Multiplier: 1.68x
  • Recent ROE (16.10%) is above the historical average (15.68%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 26.73% 7.14% 1.32x 2.83x zł6.83 Million
2009 23.62% 7.18% 1.45x 2.27x zł6.20 Million
2010 15.42% 6.16% 1.30x 1.93x zł3.59 Million
2011 10.20% 6.97% 0.75x 1.96x zł362.71K
2012 9.67% 6.30% 0.80x 1.91x zł-596.33K
2013 11.79% 8.07% 0.83x 1.76x zł3.30 Million
2014 12.69% 8.86% 0.84x 1.70x zł5.09 Million
2015 11.49% 7.63% 0.91x 1.65x zł2.90 Million
2016 13.61% 8.75% 0.97x 1.60x zł7.72 Million
2017 5.58% 3.03% 1.00x 1.84x zł-8.77 Million
2018 16.17% 9.30% 1.04x 1.68x zł14.39 Million
2019 15.98% 8.86% 1.10x 1.64x zł14.97 Million
2020 19.82% 11.96% 1.02x 1.63x zł30.76 Million
2021 27.91% 12.98% 1.17x 1.84x zł69.18 Million
2022 14.90% 7.15% 1.21x 1.72x zł21.53 Million
2023 14.86% 8.35% 1.04x 1.70x zł21.92 Million
2024 16.10% 9.22% 1.04x 1.68x zł27.35 Million

Industry Comparison

This section compares Ferro S.A.'s net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

  • Industry: Building Products & Equipment
  • Average net assets among peers: $54,290,500
  • Average return on equity (ROE) among peers: -2.46%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ferro S.A. (FRO) zł444.10 Million 26.73% 0.86x $155.44 Million
Libet S.A. (LBT) $108.58 Million -4.93% 0.56x $2.59 Million
Zakłady Lentex SA (LTX) $0.00 0.00% 0.00x $12.22 Million