Getin Holding SA (GTN) - Net Assets

Latest as of March 2025: zł176.45 Million PLN ≈ $48.56 Million USD

Based on the latest financial reports, Getin Holding SA (GTN) has net assets worth zł176.45 Million PLN (≈ $48.56 Million USD) 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 ≈ $191.95 Million USD) and total liabilities (zł521.01 Million ≈ $143.39 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. Read GTN liabilities breakdown for a breakdown of total debt and financial obligations.

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. Also explore Getin Holding SA total assets for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Getin Holding SA.

Year	Net Assets	Change
2024-12-31	zł176.11 Million ≈ $48.47 Million	+64.51%
2023-12-31	zł107.05 Million ≈ $29.46 Million	-50.39%
2022-12-31	zł215.81 Million ≈ $59.39 Million	-68.79%
2021-12-31	zł691.58 Million ≈ $190.33 Million	+5.63%
2020-12-31	zł654.71 Million ≈ $180.19 Million	-34.37%
2019-12-31	zł997.55 Million ≈ $274.54 Million	+3.84%
2018-12-31	zł960.67 Million ≈ $264.39 Million	-72.75%
2017-12-31	zł3.53 Billion ≈ $970.33 Million	+8.96%
2016-12-31	zł3.24 Billion ≈ $890.49 Million	+18.24%
2015-12-31	zł2.74 Billion ≈ $753.09 Million	+4.50%
2014-12-31	zł2.62 Billion ≈ $720.69 Million	+16.62%
2013-12-31	zł2.25 Billion ≈ $617.98 Million	+9.20%
2012-12-31	zł2.06 Billion ≈ $565.89 Million	-67.19%
2011-12-31	zł6.27 Billion ≈ $1.72 Billion	+26.96%
2010-12-31	zł4.94 Billion ≈ $1.36 Billion	+21.75%
2009-12-31	zł4.05 Billion ≈ $1.12 Billion	+6.33%
2008-12-31	zł3.81 Billion ≈ $1.05 Billion	+16.62%
2007-12-31	zł3.27 Billion ≈ $899.80 Million	+55.23%
2006-12-31	zł2.11 Billion ≈ $579.66 Million	+87.08%
2005-12-31	zł1.13 Billion ≈ $309.84 Million	--

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
Venteny Fortuna International JK:VTNY	$26.07 Million
Team Young Advanced Technology Co Ltd TWO:5345	$26.08 Million
Luster Industries Bhd KLSE:5068	$26.10 Million
TDb Split Corp TO:XTD	$26.11 Million
Origin Materials Inc NASDAQ:ORGN	$26.06 Million
A SPAC III Acquisition Corp. Class A Ordinary Shares NASDAQ:ASPC	$26.04 Million
Jasper Therapeutics Inc NASDAQ:JSPR	$26.03 Million
Avante Logixx Inc V:XX	$26.02 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: 0.54x
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 0.21x to 0.54x 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	zł0.50	x
2006-12-31	zł3.34	zł0.50	x
2007-12-31	zł4.05	zł0.50	x
2008-12-31	zł4.64	zł0.50	x
2009-12-31	zł4.93	zł0.50	x
2010-12-31	zł5.75	zł0.50	x
2011-12-31	zł28.20	zł0.50	x
2012-12-31	zł9.30	zł0.50	x
2013-12-31	zł10.14	zł0.50	x
2014-12-31	zł10.14	zł0.50	x
2015-12-31	zł9.14	zł0.50	x
2016-12-31	zł10.42	zł0.50	x
2017-12-31	zł12.09	zł0.50	x
2018-12-31	zł4.19	zł0.50	x
2019-12-31	zł4.67	zł0.50	x
2020-12-31	zł3.29	zł0.50	x
2021-12-31	zł3.49	zł0.50	x
2022-12-31	zł1.14	zł0.50	x
2023-12-31	zł0.56	zł0.50	x
2024-12-31	zł0.93	zł0.50	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: $15,900,348,889
Average return on equity (ROE) among peers: 8.73%

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	$26.06 Million
Bank Handlowy w Warszawie SA (BHW)	$5.42 Billion	12.13%	5.64x	$4.11 Billion
BNP Paribas Bank Polska S.A. (BNP)	$11.26 Billion	3.92%	12.45x	$6.02 Billion
Bank Ochrony Środowiska SA (BOS)	$1.48 Billion	4.45%	11.44x	$258.26 Million
ING Bank Śląski SA (ING)	$10.48 Billion	11.96%	10.21x	$14.04 Billion
mBank SA (MBK)	$13.74 Billion	0.18%	15.52x	$13.36 Billion
Bank Millennium S.A. (MIL)	$6.44 Billion	8.48%	9.28x	$5.95 Billion
Bank Polska Kasa Opieki SA (PEO)	$23.86 Billion	9.11%	9.50x	$16.35 Billion
Powszechna Kasa Oszczednosci Bank Polski SA (PKO)	$52.37 Billion	17.77%	9.03x	$32.56 Billion
Santander Bank Polska SA (SPL)	$18.05 Billion	10.61%	6.45x	$17.44 Billion

About Getin Holding SA

WAR:GTN Poland Banks - Regional

Market Cap

$26.06 Million

zł94.69 Million PLN

Market Cap Rank

#24195 Global

#232 in Poland

Share Price

zł0.50

Change (1 day)

-0.80%

52-Week Range

zł0.30 - zł0.85

All Time High

zł4.70