Immobile (GKI) - Net Assets

Latest as of September 2025: zł179.45 Million PLN ≈ $49.39 Million USD

Based on the latest financial reports, Immobile (GKI) has net assets worth zł179.45 Million PLN (≈ $49.39 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 (zł999.48 Million ≈ $275.07 Million USD) and total liabilities (zł820.03 Million ≈ $225.68 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 Immobile asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł179.45 Million
% of Total Assets	17.95%
Annual Growth Rate	3.93%
5-Year Change	-26.55%
10-Year Change	16.8%
Growth Volatility	32.27

Immobile - Net Assets Trend (2008–2024)

This chart illustrates how Immobile's net assets have evolved over time, based on quarterly financial data. Also explore how large is Immobile's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Immobile (2008–2024)

The table below shows the annual net assets of Immobile from 2008 to 2024. For live valuation and market cap data, see GKI market cap overview.

Year	Net Assets	Change
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 165.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	zł18.84 Million	16.72%
Other Comprehensive Income	zł19.63 Million	17.43%
Other Components	zł102.80 Million	91.24%
Total Equity	zł112.68 Million	100.00%

Immobile Competitors by Market Cap

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

Company	Market Cap
Turbogen Chp TA:TURB	$101.49 Million
Sage Group PLC LSE:SGE	$101.55 Million
PT Mulia Industrindo Tbk JK:MLIA	$101.55 Million
EA Technique M Bhd KLSE:5259	$101.56 Million
Mercan Kimya Sanayi ve Ticaret AS IS:MERCN	$101.48 Million
Pelita Samudera Shipping Tbk PT JK:PSSI	$101.43 Million
Tae Kyung Ind KO:015890	$101.42 Million
Alpha Astika Akinita S.A AT:ASTAK	$101.36 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 2023 to 2024, total equity changed from 208,048,000 to 112,676,000, a change of -95,372,000 (-45.8%).
Net loss of 88,084,000 reduced equity.
Dividend payments of 4,150,000 reduced retained earnings.
Other comprehensive income decreased equity by 556,000.
Other factors decreased equity by 2,582,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł-88.08 Million	-78.17%
Dividends Paid	zł4.15 Million	-3.68%
Other Comprehensive Income	zł-556.00K	-0.49%
Other Changes	zł-2.58 Million	-2.29%
Total Change	zł-	-45.84%

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: 3.27x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 2.20x to 3.27x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	zł2.24	zł4.92	x
2009-12-31	zł2.24	zł4.92	x
2010-12-31	zł1.69	zł4.92	x
2011-12-31	zł1.64	zł4.92	x
2012-12-31	zł2.01	zł4.92	x
2013-12-31	zł2.01	zł4.92	x
2014-12-31	zł2.02	zł4.92	x
2015-12-31	zł2.07	zł4.92	x
2016-12-31	zł2.36	zł4.92	x
2017-12-31	zł2.50	zł4.92	x
2018-12-31	zł2.53	zł4.92	x
2019-12-31	zł2.59	zł4.92	x
2020-12-31	zł2.56	zł4.92	x
2021-12-31	zł2.63	zł4.92	x
2022-12-31	zł2.83	zł4.92	x
2023-12-31	zł2.77	zł4.92	x
2024-12-31	zł1.50	zł4.92	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): -78.17%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -10.14%
• Asset Turnover: 0.93x
• Equity Multiplier: 8.32x
Recent ROE (-78.17%) is below the historical average (-2.98%), 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	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

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: $148,439,697
Average return on equity (ROE) among peers: -14.64%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Immobile (GKI)	zł179.45 Million	23.21%	4.57x	$101.48 Million
Magna Polonia SA (06N)	$65.65 Million	-16.46%	0.07x	$9.19 Million
Alta S.A. (AAT)	$196.82 Million	2.13%	0.00x	$7.02 Million
Altustfi (ALI)	$110.08 Million	7.86%	0.18x	$30.63 Million
Capital Partners S.A. (CPA)	$101.82 Million	14.96%	0.16x	$8.67 Million
Caspar (CSR)	$-1.85 Million	0.00%	0.00x	$13.52 Million
One SA (FMG)	$50.07 Million	15.27%	1.69x	$5.96 Million
Impera Capital S.A. (IMP)	$12.84 Million	-62.37%	0.16x	$4.03 Million
JR Invest SA (JRH)	$302.37 Million	-124.48%	0.48x	$64.76 Million
MCI Management SA (MCI)	$498.16 Million	31.33%	0.27x	$399.93 Million

About Immobile

WAR:GKI Poland Asset Management

Market Cap

$101.48 Million

zł368.75 Million PLN

Market Cap Rank

#19128 Global

#152 in Poland

Share Price

zł4.92

Change (1 day)

+2.50%

52-Week Range

zł2.12 - zł4.92

All Time High

zł4.92