IFirma SA (IFI) - Net Assets

Latest as of December 2025: zł16.82 Million PLN ≈ $4.63 Million USD

Based on the latest financial reports, IFirma SA (IFI) has net assets worth zł16.82 Million PLN (≈ $4.63 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł27.76 Million ≈ $7.64 Million USD) and total liabilities (zł10.94 Million ≈ $3.01 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 how tangible is IFirma SA's equity to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł16.82 Million
% of Total Assets	60.61%
Annual Growth Rate	10.8%
5-Year Change	35.91%
10-Year Change	154.09%
Growth Volatility	9.43

IFirma SA - Net Assets Trend (2010–2025)

This chart illustrates how IFirma SA's net assets have evolved over time, based on quarterly financial data. See IFirma SA liquidity coverage in days to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for IFirma SA (2010–2025)

The table below shows the annual net assets of IFirma SA from 2010 to 2025. For live valuation and market cap data, see IFI company net worth.

Year	Net Assets	Change
2025-12-31	zł16.82 Million ≈ $4.63 Million	+15.77%
2024-12-31	zł14.53 Million ≈ $4.00 Million	+13.07%
2023-12-31	zł12.85 Million ≈ $3.54 Million	-6.30%
2022-12-31	zł13.72 Million ≈ $3.77 Million	+10.81%
2021-12-31	zł12.38 Million ≈ $3.41 Million	+29.02%
2020-12-31	zł9.59 Million ≈ $2.64 Million	+9.53%
2019-12-31	zł8.76 Million ≈ $2.41 Million	+9.13%
2018-12-31	zł8.03 Million ≈ $2.21 Million	+6.87%
2017-12-31	zł7.51 Million ≈ $2.07 Million	+13.43%
2016-12-31	zł6.62 Million ≈ $1.82 Million	+28.36%
2015-12-31	zł5.16 Million ≈ $1.42 Million	-3.66%
2014-12-31	zł5.35 Million ≈ $1.47 Million	+8.64%
2013-12-31	zł4.93 Million ≈ $1.36 Million	+11.12%
2012-12-31	zł4.43 Million ≈ $1.22 Million	+3.02%
2011-12-31	zł4.30 Million ≈ $1.18 Million	+19.25%
2010-12-31	zł3.61 Million ≈ $993.52K	--

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 437400000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł4.06 Million	24.12%
Other Components	zł12.77 Million	75.88%
Total Equity	zł16.82 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
Elastron S.A. - Steel Service Centers AT:ELSTR	$42.82 Million
Visang Educati KO:100220	$42.84 Million
Far East Gold Ltd AU:FEG	$42.85 Million
Stalprofil S.A. WAR:STF	$42.86 Million
N2N Connect Bhd KLSE:0108	$42.74 Million
Universus Photo Imagings Limited NSE:UNIVPHOTO	$42.71 Million
Transworld Shipping Lines Limited NSE:TRANSWORLD	$42.71 Million
Hankuk Steel Wire Co. Ltd KQ:025550	$42.70 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 2024 to 2025, total equity changed from 14,532,000 to 16,823,000, a change of 2,291,000 (15.8%).
Net income of 13,017,000 contributed positively to equity growth.
Dividend payments of 10,880,000 reduced retained earnings.
Other comprehensive income decreased equity by 230,999.
Other factors increased equity by 384,999.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł13.02 Million	+77.38%
Dividends Paid	zł10.88 Million	-64.67%
Other Comprehensive Income	zł-231.00K	-1.37%
Other Changes	zł385.00K	+2.29%
Total Change	zł-	15.77%

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: 9.24x
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 43.08x to 9.24x 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	zł24.30	x
2011-12-31	zł0.67	zł24.30	x
2012-12-31	zł0.69	zł24.30	x
2013-12-31	zł0.77	zł24.30	x
2014-12-31	zł0.84	zł24.30	x
2015-12-31	zł0.81	zł24.30	x
2016-12-31	zł1.03	zł24.30	x
2017-12-31	zł1.17	zł24.30	x
2018-12-31	zł1.25	zł24.30	x
2019-12-31	zł1.37	zł24.30	x
2020-12-31	zł1.50	zł24.30	x
2021-12-31	zł1.93	zł24.30	x
2022-12-31	zł2.14	zł24.30	x
2023-12-31	zł2.01	zł24.30	x
2024-12-31	zł2.27	zł24.30	x
2025-12-31	zł2.63	zł24.30	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): 77.38%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 20.53%
• Asset Turnover: 2.28x
• Equity Multiplier: 1.65x
Recent ROE (77.38%) is above the historical average (28.46%), 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
2025	77.38%	20.53%	2.28x	1.65x	zł11.33 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: $103,036,098
Average return on equity (ROE) among peers: 6.40%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
IFirma SA (IFI)	zł16.82 Million	-8.78%	0.65x	$42.80 Million
Ailleron S.A. (ALL)	$15.89 Million	24.45%	0.31x	$55.43 Million
Atende S.A. (ATD)	$58.26 Million	10.72%	1.23x	$37.31 Million
Betacom S.A. (BCM)	$19.80 Million	9.21%	1.78x	$6.16 Million
Comp SA (CMP)	$447.52 Million	0.04%	0.90x	$502.82 Million
OpTeam S.A. (OPM)	$28.43 Million	-19.21%	0.69x	$11.37 Million
Passus S.A. (PAS)	$29.93 Million	17.16%	1.30x	$61.19 Million
Sygnity SA (SGN)	$173.71 Million	7.07%	1.19x	$469.31 Million
Talex S.A. (TLX)	$50.75 Million	1.74%	0.34x	$14.86 Million

About IFirma SA

WAR:IFI Poland Information Technology Services

Market Cap

$42.80 Million

zł155.52 Million PLN

Market Cap Rank

#22547 Global

#208 in Poland

Share Price

zł24.30

Change (1 day)

-1.62%

52-Week Range

zł23.50 - zł36.25

All Time High

zł40.94