Immobile (GKI) - Net Assets

Latest as of December 2025: zł208.67 Million PLN ≈ $57.43 Million USD

Based on the latest financial reports, Immobile (GKI) has net assets worth zł208.67 Million PLN (≈ $57.43 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł1.04 Billion ≈ $287.20 Million USD) and total liabilities (zł834.88 Million ≈ $229.77 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 GKI tangible net assets ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł208.67 Million
% of Total Assets	20.0%
Annual Growth Rate	4.85%
5-Year Change	-14.68%
10-Year Change	-6.33%
Growth Volatility	31.45

Immobile - Net Assets Trend (2008–2025)

This chart illustrates how Immobile's net assets have evolved over time, based on quarterly financial data. See Immobile (GKI) defensive interval to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Immobile (2008–2025)

The table below shows the annual net assets of Immobile from 2008 to 2025. For live valuation and market cap data, see GKI market cap overview.

Year	Net Assets	Change
2025-12-31	zł208.67 Million ≈ $57.43 Million	+20.68%
2024-12-31	zł172.91 Million ≈ $47.59 Million	-33.84%
2023-12-31	zł261.32 Million ≈ $71.92 Million	-1.32%
2022-12-31	zł264.82 Million ≈ $72.88 Million	+8.28%
2021-12-31	zł244.58 Million ≈ $67.31 Million	+3.90%
2020-12-31	zł235.41 Million ≈ $64.79 Million	+0.85%
2019-12-31	zł233.42 Million ≈ $64.24 Million	+8.56%
2018-12-31	zł215.00 Million ≈ $59.17 Million	+0.70%
2017-12-31	zł213.50 Million ≈ $58.76 Million	-4.17%
2016-12-31	zł222.78 Million ≈ $61.31 Million	+50.49%
2015-12-31	zł148.04 Million ≈ $40.74 Million	+2.89%
2014-12-31	zł143.88 Million ≈ $39.60 Million	-1.72%
2013-12-31	zł146.40 Million ≈ $40.29 Million	0.00%
2012-12-31	zł146.40 Million ≈ $40.29 Million	+114.43%
2011-12-31	zł68.28 Million ≈ $18.79 Million	-3.36%
2010-12-31	zł70.65 Million ≈ $19.44 Million	-24.31%
2009-12-31	zł93.34 Million ≈ $25.69 Million	-0.01%
2008-12-31	zł93.35 Million ≈ $25.69 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Immobile'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 21.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł34.25 Million	19.50%
Other Components	zł141.37 Million	80.50%
Total Equity	zł175.62 Million	100.00%

Immobile Competitors by Market Cap

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

Company	Market Cap
Tethys Petroleum Ltd V:TPL	$96.38 Million
CI Holdings Bhd KLSE:2828	$96.39 Million
Nahar Spinning Mills Limited NSE:NAHARSPING	$96.42 Million
Energy Transition Minerals Ltd AU:ETM	$96.43 Million
Samyang Packaging KO:272550	$96.31 Million
Black Diamond Therapeutics Inc NASDAQ:BDTX	$96.27 Million
Adverum Biotechnologies Inc NASDAQ:ADVM	$96.26 Million
Yangarra Resources Ltd TO:YGR	$96.25 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 112,676,000 to 175,623,000, a change of 62,947,000 (55.9%).
Net income of 35,427,000 contributed positively to equity growth.
Dividend payments of 5,313,000 reduced retained earnings.
Other comprehensive income decreased equity by 19,634,000.
Other factors increased equity by 52,467,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł35.43 Million	+20.17%
Dividends Paid	zł5.31 Million	-3.03%
Other Comprehensive Income	zł-19.63 Million	-11.18%
Other Changes	zł52.47 Million	+29.87%
Total Change	zł-	55.87%

Book Value vs Market Value Analysis

This analysis compares Immobile'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: 1.99x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	zł2.24	zł4.67	x
2009-12-31	zł2.24	zł4.67	x
2010-12-31	zł1.69	zł4.67	x
2011-12-31	zł1.64	zł4.67	x
2012-12-31	zł2.01	zł4.67	x
2013-12-31	zł2.01	zł4.67	x
2014-12-31	zł2.02	zł4.67	x
2015-12-31	zł2.07	zł4.67	x
2016-12-31	zł2.36	zł4.67	x
2017-12-31	zł2.50	zł4.67	x
2018-12-31	zł2.53	zł4.67	x
2019-12-31	zł2.59	zł4.67	x
2020-12-31	zł2.56	zł4.67	x
2021-12-31	zł2.63	zł4.67	x
2022-12-31	zł2.83	zł4.67	x
2023-12-31	zł2.77	zł4.67	x
2024-12-31	zł1.50	zł4.67	x
2025-12-31	zł2.34	zł4.67	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Immobile 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): 20.17%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.37%
• Asset Turnover: 1.01x
• Equity Multiplier: 5.94x
Recent ROE (20.17%) is above the historical average (-1.70%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	23.21%	23.22%	0.57x	1.76x	zł12.33 Million
2009	0.20%	0.29%	0.39x	1.76x	zł-9.15 Million
2010	-32.41%	-40.19%	0.45x	1.80x	zł-29.96 Million
2011	-2.98%	-3.66%	0.48x	1.71x	zł-8.86 Million
2012	7.75%	13.57%	0.36x	1.59x	zł-3.30 Million
2013	0.57%	1.30%	0.27x	1.67x	zł-13.80 Million
2014	1.98%	3.13%	0.34x	1.83x	zł-11.55 Million
2015	1.55%	2.33%	0.35x	1.89x	zł-12.51 Million
2016	10.62%	17.06%	0.27x	2.29x	zł1.06 Million
2017	3.29%	2.38%	0.57x	2.41x	zł-12.66 Million
2018	3.53%	1.94%	0.82x	2.23x	zł-12.32 Million
2019	0.24%	0.11%	0.60x	3.56x	zł-19.02 Million
2020	-1.54%	-0.56%	0.82x	3.38x	zł-22.17 Million
2021	6.34%	2.18%	0.63x	4.59x	zł-7.25 Million
2022	4.26%	1.02%	0.88x	4.72x	zł-12.21 Million
2023	0.85%	0.19%	0.98x	4.62x	zł-19.04 Million
2024	-78.17%	-10.14%	0.93x	8.32x	zł-99.35 Million
2025	20.17%	3.37%	1.01x	5.94x	zł17.86 Million

Industry Comparison

This section compares Immobile's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $306,560,428
Average return on equity (ROE) among peers: 10.73%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Immobile (GKI)	zł208.67 Million	23.21%	4.00x	$96.33 Million
Magna Polonia SA (06N)	$8.85 Million	9.69%	11.00x	$9.34 Million
Alta S.A. (AAT)	$189.35 Million	1.66%	0.01x	$6.76 Million
Altustfi (ALI)	$126.29 Million	5.06%	0.13x	$38.18 Million
Capital Partners S.A. (CPA)	$26.31 Million	12.01%	0.10x	$14.27 Million
Caspar (CSR)	$-1.73 Million	0.00%	0.00x	$16.28 Million
One SA (FMG)	$41.76 Million	12.54%	1.44x	$5.92 Million
Impera Capital S.A. (IMP)	$103.56 Million	-25.12%	0.39x	$3.58 Million
JR Invest SA (JRH)	$167.31 Million	80.03%	0.21x	$56.17 Million
MCI Management SA (MCI)	$2.10 Billion	0.74%	0.14x	$407.15 Million

About Immobile

WAR:GKI Poland Asset Management

Market Cap

$96.33 Million

zł350.01 Million PLN

Market Cap Rank

#19408 Global

#150 in Poland

Share Price

zł4.67

Change (1 day)

+2.64%

52-Week Range

zł2.89 - zł5.18

All Time High

zł5.18