IFirma SA

WAR:IFI Poland Information Technology Services
Market Cap
$44.41 Million
zł184.64 Million PLN
Market Cap Rank
#24740 Global
#164 in Poland
Share Price
zł28.85
Change (1 day)
-1.70%
52-Week Range
zł22.80 - zł36.25
All Time High
zł40.94
Categories
Companies in Poland Information Technology Services Technology AI & Machine Learning
About

IFirma SA provides accounting services. The company operates a website, ifirma.pl, which offers services and tools for tax settlements and supporting business activities. It also provides IT staff recruitment and outsourcing services, as well as internet accounting and the invoicing program Faktura+. The company was formerly known as Power Media S.A. and changed its name to Ifirma SA in June 2017… Read more

IFirma SA (IFI) - Net Assets

Latest net assets as of September 2025: zł16.76 Million PLN

Based on the latest financial reports, IFirma SA (IFI) has net assets worth zł16.76 Million PLN as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł27.05 Million) and total liabilities (zł10.29 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 zł16.76 Million
% of Total Assets 61.95%
Annual Growth Rate 10.46%
5-Year Change 51.47%
10-Year Change 181.74%
Growth Volatility 9.67

IFirma SA - Net Assets Trend (2010–2024)

This chart illustrates how IFirma 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 IFirma SA (2010–2024)

The table below shows the annual net assets of IFirma SA from 2010 to 2024.

Year Net Assets Change
2024-12-31 zł14.53 Million +13.07%
2023-12-31 zł12.85 Million -6.30%
2022-12-31 zł13.72 Million +10.81%
2021-12-31 zł12.38 Million +29.02%
2020-12-31 zł9.59 Million +9.53%
2019-12-31 zł8.76 Million +9.13%
2018-12-31 zł8.03 Million +6.87%
2017-12-31 zł7.51 Million +13.43%
2016-12-31 zł6.62 Million +28.36%
2015-12-31 zł5.16 Million -3.66%
2014-12-31 zł5.35 Million +8.64%
2013-12-31 zł4.93 Million +11.12%
2012-12-31 zł4.43 Million +3.02%
2011-12-31 zł4.30 Million +19.25%
2010-12-31 zł3.61 Million --

Equity Component Analysis

This analysis shows how different components contribute to IFirma 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 grown by 359300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł3.28 Million 22.54%
Common Stock zł640.00K 4.40%
Other Comprehensive Income zł231.00K 1.59%
Other Components zł10.39 Million 71.46%
Total Equity zł14.53 Million 100.00%

IFirma SA Competitors by Market Cap

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

Company Market Cap
Flagship Minerals Ltd
AU:FLG
 		$23.60 Million
Ann Joo Resources Bhd
KLSE:6556
 		$23.60 Million
American Hotel Income Properties REIT LP
OTCQX:AHOTF
 		$23.61 Million
Tachan Securities Co Ltd
TWO:6020
 		$23.61 Million
Pureun Mutual Savings Bank Co. Ltd
KQ:007330
 		$23.59 Million
Atrem S.A.
WAR:ATR
 		$23.59 Million
MHC Plantations Bhd
KLSE:5026
 		$23.58 Million
BE Group AB (publ)
F:BGA1
 		$23.57 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 12,852,000 to 14,532,000, a change of 1,680,000 (13.1%).
  • Net income of 8,396,000 contributed positively to equity growth.
  • Dividend payments of 6,592,000 reduced retained earnings.
  • Other comprehensive income decreased equity by 125,001.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł8.40 Million +57.78%
Dividends Paid zł6.59 Million -45.36%
Other Comprehensive Income zł-125.00K -0.86%
Other Changes zł1.00K +0.01%
Total Change zł- 13.07%

Book Value vs Market Value Analysis

This analysis compares IFirma 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: 12.71x
  • 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 decreased from 51.15x to 12.71x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2010-12-31 zł0.56 zł28.85 x
2011-12-31 zł0.67 zł28.85 x
2012-12-31 zł0.69 zł28.85 x
2013-12-31 zł0.77 zł28.85 x
2014-12-31 zł0.84 zł28.85 x
2015-12-31 zł0.81 zł28.85 x
2016-12-31 zł1.03 zł28.85 x
2017-12-31 zł1.17 zł28.85 x
2018-12-31 zł1.25 zł28.85 x
2019-12-31 zł1.37 zł28.85 x
2020-12-31 zł1.50 zł28.85 x
2021-12-31 zł1.93 zł28.85 x
2022-12-31 zł2.14 zł28.85 x
2023-12-31 zł2.01 zł28.85 x
2024-12-31 zł2.27 zł28.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently IFirma 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): 57.78%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.41%
  • • Asset Turnover: 2.33x
  • • Equity Multiplier: 1.72x
  • Recent ROE (57.78%) is above the historical average (25.20%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2010 -8.78% -4.36% 1.58x 1.28x zł-678.00K
2011 16.00% 8.32% 1.49x 1.29x zł258.50K
2012 9.33% 4.43% 1.60x 1.32x zł-29.50K
2013 13.94% 8.22% 1.37x 1.24x zł194.20K
2014 16.12% 8.86% 1.42x 1.28x zł327.60K
2015 5.85% 2.85% 1.61x 1.28x zł-213.80K
2016 24.85% 12.93% 1.47x 1.30x zł982.90K
2017 22.92% 11.32% 1.49x 1.35x zł970.00K
2018 16.81% 7.75% 1.59x 1.37x zł546.40K
2019 24.44% 10.14% 1.66x 1.46x zł1.27 Million
2020 19.38% 7.68% 1.65x 1.53x zł899.60K
2021 42.66% 15.78% 1.68x 1.61x zł4.04 Million
2022 54.40% 17.33% 1.95x 1.61x zł6.09 Million
2023 62.29% 15.61% 2.26x 1.77x zł6.72 Million
2024 57.78% 14.41% 2.33x 1.72x zł6.94 Million

Industry Comparison

This section compares IFirma SA's net assets metrics with peer companies in the Information Technology Services industry.

Industry Context

  • Industry: Information Technology Services
  • Average net assets among peers: $161,322,345
  • Average return on equity (ROE) among peers: 10.23%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
IFirma SA (IFI) zł16.76 Million -8.78% 0.61x $23.60 Million
Ailleron S.A. (ALL) $86.95 Million 0.57% 0.55x $26.65 Million
Atende S.A. (ATD) $74.74 Million 14.17% 1.36x $14.79 Million
Betacom S.A. (BCM) $20.14 Million 7.54% 1.45x $2.59 Million
Cyber_Folks S.A. (CBF) $546.83 Million 21.36% 0.72x $342.24 Million
Comp SA (CMP) $503.30 Million 11.29% 0.86x $237.24 Million
Comarch SA (CMR) $119.16 Million 3.70% 0.81x $7.23 Million
OpTeam S.A. (OPM) $30.94 Million 6.20% 0.92x $1.23 Million
Passus S.A. (PAS) $4.09 Million 3.02% 0.74x $12.89 Million
Sygnity SA (SGN) $65.76 Million 24.23% 3.15x $42.72 Million