Getin Holding SA
Getin Holding S.A., a financial holding company, engages in investment activities in Poland and internationally. The company operates in the field of banking, financial intermediation, insurance, and leasing sectors. It also accepts deposits; and offers loans and advances, and guarantees and sureties, as well as legal, debt collection, and advisory services. In addition, the company provides cash… Read more
Getin Holding SA (GTN) - Net Assets
Latest net assets as of March 2025: zł176.45 Million PLN
Based on the latest financial reports, Getin Holding SA (GTN) has net assets worth zł176.45 Million PLN as of March 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł697.46 Million) and total liabilities (zł521.01 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 | zł176.45 Million |
| % of Total Assets | 25.3% |
| Annual Growth Rate | -9.3% |
| 5-Year Change | -73.1% |
| 10-Year Change | -93.56% |
| Growth Volatility | 43.09 |
Getin Holding SA - Net Assets Trend (2005–2024)
This chart illustrates how Getin Holding 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 Getin Holding SA (2005–2024)
The table below shows the annual net assets of Getin Holding SA from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł176.11 Million | +64.51% |
| 2023-12-31 | zł107.05 Million | -50.39% |
| 2022-12-31 | zł215.81 Million | -68.79% |
| 2021-12-31 | zł691.58 Million | +5.63% |
| 2020-12-31 | zł654.71 Million | -34.37% |
| 2019-12-31 | zł997.55 Million | +3.84% |
| 2018-12-31 | zł960.67 Million | -72.75% |
| 2017-12-31 | zł3.53 Billion | +8.96% |
| 2016-12-31 | zł3.24 Billion | +18.24% |
| 2015-12-31 | zł2.74 Billion | +4.50% |
| 2014-12-31 | zł2.62 Billion | +16.62% |
| 2013-12-31 | zł2.25 Billion | +9.20% |
| 2012-12-31 | zł2.06 Billion | -67.19% |
| 2011-12-31 | zł6.27 Billion | +26.96% |
| 2010-12-31 | zł4.94 Billion | +21.75% |
| 2009-12-31 | zł4.05 Billion | +6.33% |
| 2008-12-31 | zł3.81 Billion | +16.62% |
| 2007-12-31 | zł3.27 Billion | +55.23% |
| 2006-12-31 | zł2.11 Billion | +87.08% |
| 2005-12-31 | zł1.13 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Getin Holding 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 318.1% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł18.98 Million | 10.78% |
| Other Comprehensive Income | zł175.89 Million | 99.87% |
| Other Components | zł126.23 Million | 71.68% |
| Total Equity | zł176.11 Million | 100.00% |
Getin Holding SA Competitors by Market Cap
The table below lists competitors of Getin Holding SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aspocomp Group Oyj
HE:ACG1V
|
$14.47 Million |
|
QTC Energy Public Company Limited
BK:QTC
|
$14.48 Million |
|
Thorney Technologies Ltd
AU:TEK
|
$14.48 Million |
|
Tan Chong Motor Holdings Bhd
KLSE:4405
|
$14.48 Million |
|
EENERGY GROUP LS 0003
F:A1Z1
|
$14.47 Million |
|
InPlay Oil Corp
OTCQX:IPOOF
|
$14.46 Million |
|
Winner Group Enterprise Public Company Limited
BK:WINNER
|
$14.46 Million |
|
Melbana Energy Limited
PINK:MEOAF
|
$14.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Getin Holding SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 107,054,000 to 176,113,000, a change of 69,059,000 (64.5%).
- Net income of 129,080,000 contributed positively to equity growth.
- Dividend payments of 51,237,000 reduced retained earnings.
- Other comprehensive income decreased equity by 10,040,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł129.08 Million | +73.29% |
| Dividends Paid | zł51.24 Million | -29.09% |
| Other Comprehensive Income | zł-10.04 Million | -5.7% |
| Other Changes | zł1.26 Million | +0.71% |
| Total Change | zł- | 64.51% |
Book Value vs Market Value Analysis
This analysis compares Getin Holding 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: 0.61x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.24x to 0.61x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | zł2.40 | zł0.57 | x |
| 2006-12-31 | zł3.34 | zł0.57 | x |
| 2007-12-31 | zł4.05 | zł0.57 | x |
| 2008-12-31 | zł4.64 | zł0.57 | x |
| 2009-12-31 | zł4.93 | zł0.57 | x |
| 2010-12-31 | zł5.75 | zł0.57 | x |
| 2011-12-31 | zł28.20 | zł0.57 | x |
| 2012-12-31 | zł9.30 | zł0.57 | x |
| 2013-12-31 | zł10.14 | zł0.57 | x |
| 2014-12-31 | zł10.14 | zł0.57 | x |
| 2015-12-31 | zł9.14 | zł0.57 | x |
| 2016-12-31 | zł10.42 | zł0.57 | x |
| 2017-12-31 | zł12.09 | zł0.57 | x |
| 2018-12-31 | zł4.19 | zł0.57 | x |
| 2019-12-31 | zł4.67 | zł0.57 | x |
| 2020-12-31 | zł3.29 | zł0.57 | x |
| 2021-12-31 | zł3.49 | zł0.57 | x |
| 2022-12-31 | zł1.14 | zł0.57 | x |
| 2023-12-31 | zł0.56 | zł0.57 | x |
| 2024-12-31 | zł0.93 | zł0.57 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Getin Holding 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): 73.29%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 8453.18%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 4.26x
- Recent ROE (73.29%) is above the historical average (-0.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 8.29% | 20.10% | 0.06x | 6.97x | zł-18.91 Million |
| 2006 | 8.27% | 23.94% | 0.06x | 5.86x | zł-35.67 Million |
| 2007 | 21.52% | 40.25% | 0.09x | 6.12x | zł357.53 Million |
| 2008 | 15.59% | 26.90% | 0.07x | 8.71x | zł200.93 Million |
| 2009 | 8.78% | 15.54% | 0.06x | 9.29x | zł-46.85 Million |
| 2010 | 10.74% | 17.82% | 0.06x | 10.57x | zł32.74 Million |
| 2011 | 17.74% | 23.79% | 0.07x | 10.91x | zł438.45 Million |
| 2012 | 32.06% | 81.03% | 0.08x | 5.20x | zł414.80 Million |
| 2013 | 12.12% | 21.06% | 0.09x | 6.51x | zł43.51 Million |
| 2014 | 8.66% | 12.04% | 0.07x | 10.02x | zł-27.02 Million |
| 2015 | 7.74% | 10.60% | 0.06x | 12.96x | zł-40.38 Million |
| 2016 | 12.49% | 18.89% | 0.05x | 12.46x | zł51.69 Million |
| 2017 | 8.20% | 12.26% | 0.05x | 12.61x | zł-40.17 Million |
| 2018 | -119.23% | -100.79% | 0.04x | 31.72x | zł-1.03 Billion |
| 2019 | 11.43% | 7.59% | 0.06x | 25.86x | zł12.68 Million |
| 2020 | -55.55% | 0.00% | 0.00x | 6.92x | zł-409.76 Million |
| 2021 | -19.89% | -57.11% | 0.16x | 2.20x | zł-197.97 Million |
| 2022 | -101.36% | 0.00% | -0.19x | 3.20x | zł-240.32 Million |
| 2023 | 25.51% | 13.32% | 0.33x | 5.76x | zł16.60 Million |
| 2024 | 73.29% | 8453.18% | 0.00x | 4.26x | zł111.47 Million |
Industry Comparison
This section compares Getin Holding SA's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $14,862,751,429
- Average return on equity (ROE) among peers: 6.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Getin Holding SA (GTN) | zł176.45 Million | 8.29% | 2.95x | $14.47 Million |
| Bank Handlowy w Warszawie SA (BHW) | $6.44 Billion | 11.43% | 5.56x | $891.34 Million |
| BNP Paribas Bank Polska S.A. (BNP) | $2.39 Billion | 4.22% | 9.24x | $981.24 Million |
| Bank Ochrony Środowiska SA (BOS) | $1.78 Billion | -3.38% | 10.69x | $82.94 Million |
| ING Bank Śląski SA (ING) | $18.62 Billion | 7.18% | 9.02x | $3.15 Billion |
| mBank SA (MBK) | $12.27 Billion | 10.60% | 9.06x | $3.33 Billion |
| Bank Millennium S.A. (MIL) | $5.77 Billion | 11.29% | 9.54x | $2.33 Billion |
| UniCredit S.p.A. (UCG) | $56.77 Billion | 6.86% | 13.65x | $99.58 Billion |