INSTAL KRAKÓW SA (INK) - Net Assets
Based on the latest financial reports, INSTAL KRAKÓW SA (INK) has net assets worth zł392.95 Million PLN (≈ $108.15 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł516.29 Million ≈ $142.09 Million USD) and total liabilities (zł123.34 Million ≈ $33.94 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 INK cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł392.95 Million |
| % of Total Assets | 76.11% |
| Annual Growth Rate | 7.69% |
| 5-Year Change | 37.85% |
| 10-Year Change | 81.51% |
| Growth Volatility | 3.75 |
INSTAL KRAKÓW SA - Net Assets Trend (2009–2024)
This chart illustrates how INSTAL KRAKÓW SA's net assets have evolved over time, based on quarterly financial data. Also explore INSTAL KRAKÓW SA assets under control for the complete picture of this company's asset base.
Annual Net Assets for INSTAL KRAKÓW SA (2009–2024)
The table below shows the annual net assets of INSTAL KRAKÓW SA from 2009 to 2024. For live valuation and market cap data, see INK market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł383.39 Million ≈ $105.52 Million |
+10.09% |
| 2023-12-31 | zł348.26 Million ≈ $95.85 Million |
+7.85% |
| 2022-12-31 | zł322.92 Million ≈ $88.87 Million |
+6.49% |
| 2021-12-31 | zł303.23 Million ≈ $83.45 Million |
+9.03% |
| 2020-12-31 | zł278.12 Million ≈ $76.54 Million |
+3.42% |
| 2019-12-31 | zł268.92 Million ≈ $74.01 Million |
+4.83% |
| 2018-12-31 | zł256.54 Million ≈ $70.60 Million |
+12.88% |
| 2017-12-31 | zł227.27 Million ≈ $62.55 Million |
+3.74% |
| 2016-12-31 | zł219.07 Million ≈ $60.29 Million |
+3.71% |
| 2015-12-31 | zł211.22 Million ≈ $58.13 Million |
+4.45% |
| 2014-12-31 | zł202.22 Million ≈ $55.65 Million |
+4.47% |
| 2013-12-31 | zł193.58 Million ≈ $53.27 Million |
+6.54% |
| 2012-12-31 | zł181.69 Million ≈ $50.00 Million |
+11.24% |
| 2011-12-31 | zł163.32 Million ≈ $44.95 Million |
+15.81% |
| 2010-12-31 | zł141.03 Million ≈ $38.81 Million |
+11.82% |
| 2009-12-31 | zł126.12 Million ≈ $34.71 Million |
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Equity Component Analysis
This analysis shows how different components contribute to INSTAL KRAKÓW 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 1397.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł354.99 Million | 95.34% |
| Common Stock | zł7.29 Million | 1.96% |
| Other Comprehensive Income | zł24.84 Million | 6.67% |
| Total Equity | zł372.36 Million | 100.00% |
INSTAL KRAKÓW SA Competitors by Market Cap
The table below lists competitors of INSTAL KRAKÓW SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mobile Infrastructure Corporation
NASDAQ:BEEP
|
$75.40 Million |
|
I-Tech
ST:ITECH
|
$75.40 Million |
|
CX Technology Corp
TW:2415
|
$75.42 Million |
|
Solitario Exploration & Royalty Corp
NYSE MKT:XPL
|
$75.45 Million |
|
Hastings Technology Metals Ltd
AU:HAS
|
$75.36 Million |
|
Papilon Savunma Guvenlik Sistemleri
IS:PAPIL
|
$75.30 Million |
|
Payment Financial Technologies Ltd
TA:PMNT
|
$75.29 Million |
|
Incheon City G
KO:034590
|
$75.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in INSTAL KRAKÓW SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 337,765,625 to 372,358,855, a change of 34,593,230 (10.2%).
- Net income of 52,860,738 contributed positively to equity growth.
- Dividend payments of 18,344,239 reduced retained earnings.
- Other comprehensive income decreased equity by 57,613.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł52.86 Million | +14.2% |
| Dividends Paid | zł18.34 Million | -4.93% |
| Other Comprehensive Income | zł-57.61K | -0.02% |
| Other Changes | zł134.34K | +0.04% |
| Total Change | zł- | 10.24% |
Book Value vs Market Value Analysis
This analysis compares INSTAL KRAKÓW 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: 0.73x
- 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 decreased from 2.23x to 0.73x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | zł16.83 | zł37.60 | x |
| 2010-12-31 | zł18.88 | zł37.60 | x |
| 2011-12-31 | zł21.91 | zł37.60 | x |
| 2012-12-31 | zł24.34 | zł37.60 | x |
| 2013-12-31 | zł25.89 | zł37.60 | x |
| 2014-12-31 | zł26.96 | zł37.60 | x |
| 2015-12-31 | zł28.05 | zł37.60 | x |
| 2016-12-31 | zł29.05 | zł37.60 | x |
| 2017-12-31 | zł30.38 | zł37.60 | x |
| 2018-12-31 | zł27.49 | zł37.60 | x |
| 2019-12-31 | zł48.11 | zł37.60 | x |
| 2020-12-31 | zł37.01 | zł37.60 | x |
| 2021-12-31 | zł40.39 | zł37.60 | x |
| 2022-12-31 | zł42.93 | zł37.60 | x |
| 2023-12-31 | zł46.36 | zł37.60 | x |
| 2024-12-31 | zł51.17 | zł37.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently INSTAL KRAKÓW 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): 14.20%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.10%
- • Asset Turnover: 0.72x
- • Equity Multiplier: 1.39x
- Recent ROE (14.20%) is above the historical average (9.68%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 19.05% | 7.38% | 1.44x | 1.79x | zł11.09 Million |
| 2010 | 12.61% | 6.06% | 1.24x | 1.68x | zł3.60 Million |
| 2011 | 13.25% | 5.25% | 1.37x | 1.84x | zł5.18 Million |
| 2012 | 10.58% | 4.36% | 1.50x | 1.62x | zł1.03 Million |
| 2013 | 7.11% | 3.23% | 1.26x | 1.75x | zł-5.44 Million |
| 2014 | 4.98% | 1.73% | 1.41x | 2.04x | zł-9.86 Million |
| 2015 | 4.11% | 1.71% | 1.49x | 1.61x | zł-12.04 Million |
| 2016 | 4.47% | 2.65% | 1.00x | 1.70x | zł-11.70 Million |
| 2017 | 5.48% | 2.97% | 1.02x | 1.80x | zł-10.00 Million |
| 2018 | 12.48% | 6.40% | 1.23x | 1.59x | zł6.19 Million |
| 2019 | 9.17% | 5.42% | 1.08x | 1.57x | zł-2.18 Million |
| 2020 | 8.59% | 5.64% | 1.02x | 1.50x | zł-3.80 Million |
| 2021 | 9.14% | 7.07% | 0.87x | 1.49x | zł-2.52 Million |
| 2022 | 9.27% | 7.29% | 0.86x | 1.49x | zł-2.30 Million |
| 2023 | 10.44% | 8.43% | 0.77x | 1.60x | zł1.50 Million |
| 2024 | 14.20% | 14.10% | 0.72x | 1.39x | zł15.62 Million |
Industry Comparison
This section compares INSTAL KRAKÓW SA's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $306,196,599
- Average return on equity (ROE) among peers: -4.64%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| INSTAL KRAKÓW SA (INK) | zł392.95 Million | 19.05% | 0.31x | $75.39 Million |
| Atrem S.A. (ATR) | $29.67 Million | -26.78% | 1.63x | $157.50 Million |
| Budimex S.A. (BDX) | $1.57 Billion | 47.01% | 4.36x | $4.62 Billion |
| Dekpol SA (DEK) | $138.91 Million | 16.49% | 2.36x | $181.82 Million |
| Energoaparatura S.A. (ENP) | $11.89 Million | 17.93% | 0.76x | $20.04 Million |
| Erbud SA (ERB) | $274.82 Million | 12.24% | 3.27x | $87.01 Million |
| Interbud-Lublin SA (ITB) | $19.81 Million | -119.91% | 5.87x | $5.71 Million |
| Mirbud SA (MRB) | $461.61 Million | 12.61% | 2.33x | $334.81 Million |
| MOSTOSTAL Płock SA (MSP) | $55.39 Million | 4.65% | 0.60x | $7.27 Million |
| Mostostal Warszawa S.A. (MSW) | $193.37 Million | -5.97% | 6.07x | $27.74 Million |
About INSTAL KRAKÓW SA
Instal Kraków S.A. engages in the construction business in Poland and internationally. It constructs and assembles industrial, commercial, sports, public facilities, etc.; desulphurization, denitrification, ash removal, slagging, and pneumatic transport facilities; municipal and industrial sewage treatment plants; sludge dryer and thermal waste treatment plants; water demineralization and treatme… Read more