Herkules S.A.

WAR:HRS Poland Rental & Leasing Services
Market Cap
$11.36 Million
zł47.25 Million PLN
Market Cap Rank
#30865 Global
#252 in Poland
Share Price
zł1.39
Change (1 day)
-0.72%
52-Week Range
zł0.84 - zł1.52
All Time High
zł4.50
About

Herkules S.A. engages in the hoisting equipment rental and oversize load shipping activities in Poland. The company rents tower, self-propelled, tracked, and cravler cranes. It also provides services related to the construction of finished buildings; undertakes construction of cable lines and overhead power lines, optical fiber cable runs, power substations, and electrical installations; and inst… Read more

Herkules S.A. (HRS) - Net Assets

Latest net assets as of June 2025: zł80.92 Million PLN

Based on the latest financial reports, Herkules S.A. (HRS) has net assets worth zł80.92 Million PLN as of June 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł232.93 Million) and total liabilities (zł152.01 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 zł80.92 Million
% of Total Assets 34.74%
Annual Growth Rate -0.1%
5-Year Change -43.2%
10-Year Change -61.67%
Growth Volatility 19.18

Herkules S.A. - Net Assets Trend (2008–2024)

This chart illustrates how Herkules S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Herkules S.A. (2008–2024)

The table below shows the annual net assets of Herkules S.A. from 2008 to 2024.

Year Net Assets Change
2024-12-31 zł86.99 Million -3.05%
2023-12-31 zł89.73 Million -30.51%
2022-12-31 zł129.14 Million -16.04%
2021-12-31 zł153.81 Million +0.43%
2020-12-31 zł153.16 Million +2.84%
2019-12-31 zł148.93 Million -21.13%
2018-12-31 zł188.82 Million -11.08%
2017-12-31 zł212.35 Million -7.16%
2016-12-31 zł228.73 Million +0.79%
2015-12-31 zł226.93 Million +15.80%
2014-12-31 zł195.97 Million +5.57%
2013-12-31 zł185.63 Million +1.99%
2012-12-31 zł182.00 Million +0.28%
2011-12-31 zł181.49 Million +40.35%
2010-12-31 zł129.31 Million +46.77%
2009-12-31 zł88.10 Million -0.33%
2008-12-31 zł88.39 Million --

Equity Component Analysis

This analysis shows how different components contribute to Herkules 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 decreased by 468.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock zł68.24 Million 78.46%
Other Comprehensive Income zł59.94 Million 68.92%
Total Equity zł86.97 Million 100.00%

Herkules S.A. Competitors by Market Cap

The table below lists competitors of Herkules S.A. ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 89,705,000 to 86,970,000, a change of -2,735,000 (-3.0%).
  • Net loss of 5,036,000 reduced equity.
  • Other factors increased equity by 2,301,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł-5.04 Million -5.79%
Other Changes zł2.30 Million +2.65%
Total Change zł- -3.05%

Book Value vs Market Value Analysis

This analysis compares Herkules 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: 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 0.24x 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
2008-12-31 zł5.77 zł1.39 x
2009-12-31 zł8.89 zł1.39 x
2010-12-31 zł5.78 zł1.39 x
2011-12-31 zł4.53 zł1.39 x
2012-12-31 zł4.19 zł1.39 x
2013-12-31 zł4.27 zł1.39 x
2014-12-31 zł4.50 zł1.39 x
2015-12-31 zł5.18 zł1.39 x
2016-12-31 zł5.24 zł1.39 x
2017-12-31 zł4.89 zł1.39 x
2018-12-31 zł4.38 zł1.39 x
2019-12-31 zł4.00 zł1.39 x
2020-12-31 zł4.40 zł1.39 x
2021-12-31 zł4.51 zł1.39 x
2022-12-31 zł4.71 zł1.39 x
2023-12-31 zł2.63 zł1.39 x
2024-12-31 zł2.55 zł1.39 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Herkules 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): -5.79%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -4.66%
  • • Asset Turnover: 0.42x
  • • Equity Multiplier: 2.98x
  • Recent ROE (-5.79%) is below the historical average (-3.65%), 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 12.64% 27.95% 0.35x 1.30x zł2.33 Million
2009 0.52% 2.01% 0.20x 1.28x zł-8.36 Million
2010 0.43% 0.65% 0.27x 2.44x zł-12.37 Million
2011 5.54% 8.66% 0.34x 1.88x zł-8.10 Million
2012 0.56% 1.05% 0.30x 1.79x zł-17.18 Million
2013 1.98% 3.68% 0.30x 1.82x zł-14.88 Million
2014 4.82% 7.60% 0.33x 1.94x zł-10.14 Million
2015 14.31% 20.68% 0.37x 1.88x zł9.69 Million
2016 4.52% 8.05% 0.31x 1.79x zł-12.46 Million
2017 0.93% 1.53% 0.33x 1.86x zł-19.28 Million
2018 3.85% 5.44% 0.34x 2.07x zł-11.60 Million
2019 -26.10% -31.29% 0.35x 2.35x zł-53.75 Million
2020 2.85% 2.90% 0.41x 2.40x zł-10.95 Million
2021 0.43% 0.40% 0.47x 2.27x zł-14.72 Million
2022 -4.24% -4.34% 0.45x 2.17x zł-22.90 Million
2023 -79.32% -56.50% 0.46x 3.04x zł-80.12 Million
2024 -5.79% -4.66% 0.42x 2.98x zł-13.73 Million

Industry Comparison

This section compares Herkules S.A.'s net assets metrics with peer companies in the Rental & Leasing Services industry.

Industry Context

  • Industry: Rental & Leasing Services
  • Average net assets among peers: $241,297,000
  • Average return on equity (ROE) among peers: 21.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Herkules S.A. (HRS) zł80.92 Million 12.64% 1.88x $5.60 Million
ULMA Construccion Polska SA (ULM) $241.30 Million 21.09% 0.65x $19.36 Million