HM Inwest S.A. (HMI) - Net Assets
Based on the latest financial reports, HM Inwest S.A. (HMI) has net assets worth zł73.01 Million PLN (≈ $20.09 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł230.20 Million ≈ $63.35 Million USD) and total liabilities (zł157.19 Million ≈ $43.26 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 HMI intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł73.01 Million |
| % of Total Assets | 31.72% |
| Annual Growth Rate | 13.88% |
| 5-Year Change | 65.57% |
| 10-Year Change | N/A |
| Growth Volatility | 16.36 |
HM Inwest S.A. - Net Assets Trend (2015–2022)
This chart illustrates how HM Inwest S.A.'s net assets have evolved over time, based on quarterly financial data. See defensive interval ratio of HM Inwest S.A. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for HM Inwest S.A. (2015–2022)
The table below shows the annual net assets of HM Inwest S.A. from 2015 to 2022. For live valuation and market cap data, see how much is HM Inwest S.A. worth.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | zł42.70 Million ≈ $11.75 Million |
-7.08% |
| 2021-12-31 | zł45.95 Million ≈ $12.65 Million |
+46.03% |
| 2020-12-31 | zł31.47 Million ≈ $8.66 Million |
+7.30% |
| 2019-12-31 | zł29.33 Million ≈ $8.07 Million |
+13.72% |
| 2018-12-31 | zł25.79 Million ≈ $7.10 Million |
+2.47% |
| 2017-12-31 | zł25.16 Million ≈ $6.93 Million |
+13.28% |
| 2016-12-31 | zł22.21 Million ≈ $6.11 Million |
+29.23% |
| 2015-12-31 | zł17.19 Million ≈ $4.73 Million |
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Equity Component Analysis
This analysis shows how different components contribute to HM Inwest 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 9556.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł39.99 Million | 94.47% |
| Common Stock | zł2.34 Million | 5.52% |
| Other Components | zł6.81K | 0.02% |
| Total Equity | zł42.34 Million | 100.00% |
HM Inwest S.A. Competitors by Market Cap
The table below lists competitors of HM Inwest S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arcure SA
PA:ALCUR
|
$16.09 Million |
|
Dongsung Pharm
KO:002210
|
$16.09 Million |
|
Western Mines Group Ltd
AU:WMG
|
$16.10 Million |
|
Marvel Gold Ltd
AU:MVL
|
$16.10 Million |
|
Kiang Huat Sea Gull Trading Frozen Food Public Company Limited
BK:CHOTI
|
$16.07 Million |
|
Saray Matbaacilik Kagitcilik Kirtasiyecilik Ticaret ve Sanayi AS
IS:SAMAT
|
$16.06 Million |
|
Menteng Heritage Realty Tbk PT
JK:HRME
|
$16.06 Million |
|
Linius Technologies Ltd
AU:LNU
|
$16.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in HM Inwest S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 45,672,929 to 42,338,005, a change of -3,334,924 (-7.3%).
- Net loss of 3,330,193 reduced equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-3.33 Million | -7.87% |
| Other Changes | zł-4.73K | -0.01% |
| Total Change | zł- | -7.30% |
Book Value vs Market Value Analysis
This analysis compares HM Inwest 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: 1.38x
- 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 2.27x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | zł11.04 | zł25.00 | x |
| 2019-12-31 | zł12.55 | zł25.00 | x |
| 2020-12-31 | zł13.47 | zł25.00 | x |
| 2021-12-31 | zł19.55 | zł25.00 | x |
| 2022-12-31 | zł18.12 | zł25.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently HM Inwest 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): -7.87%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.60%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 7.48x
- Recent ROE (-7.87%) is below the historical average (14.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 13.62% | 11.48% | 0.39x | 3.06x | zł622.79K |
| 2016 | 22.62% | 10.45% | 0.36x | 6.03x | zł2.80 Million |
| 2017 | 11.73% | 5.79% | 0.66x | 3.09x | zł434.48K |
| 2018 | 2.41% | 1.30% | 0.46x | 4.06x | zł-1.96 Million |
| 2019 | 21.73% | 6.79% | 0.55x | 5.87x | zł3.44 Million |
| 2020 | 6.80% | 2.05% | 0.51x | 6.51x | zł-1.01 Million |
| 2021 | 44.56% | 11.01% | 0.91x | 4.45x | zł15.78 Million |
| 2022 | -7.87% | -3.60% | 0.29x | 7.48x | zł-7.56 Million |
Industry Comparison
This section compares HM Inwest S.A.'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $405,625,594
- Average return on equity (ROE) among peers: 6.49%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| HM Inwest S.A. (HMI) | zł73.01 Million | 13.62% | 2.15x | $16.07 Million |
| NFI Octava SA (08N) | $64.77 Million | 0.34% | 0.18x | $7.36 Million |
| City Service SE (CTS) | $32.96 Million | 28.96% | 2.01x | $54.81 Million |
| Korporacja Gospodarcza efekt S.A (EFK) | $76.37 Million | 0.48% | 1.03x | $8.46 Million |
| Elkop SA (EKP) | $57.02 Million | 7.43% | 0.10x | $4.88 Million |
| Globe Trade Centre S.A. (GTC) | $1.13 Billion | 0.93% | 1.36x | $368.24 Million |
| Noble Financials SA (IBS) | $-68.94 Million | 0.00% | 0.00x | $7.26 Million |
| MLP Group S.A. (MLG) | $374.24 Million | 15.22% | 1.64x | $686.79 Million |
| Polski Holding Nieruchomości SA (PHN) | $1.99 Billion | 5.02% | 0.23x | $133.35 Million |
| Reinhold Europe AB (RHD) | $-4.69 Million | 0.00% | 0.00x | $1.92 Million |
About HM Inwest S.A.
HM Inwest S.A. engages in the investment, development, and sale of real estate properties in Poland. The company's projects include multifamily buildings and apartments. It also produces prefabricated concrete, other concrete, gypsum, and cement products. The company was founded in 1994 and is headquartered in Warsaw, Poland. HM Inwest S.A. is a subsidiary of Timedix P.Hofman J.Mielcarz Sp.J.