Ipopema Securities SA
IPOPEMA Securities S.A., together with its subsidiaries, provides brokerage, company analysis, and investment banking services in Poland. It operates through Brokerage and Related Services; Management of Investment Funds and Management of Portfolios of Brokerage Financial Instruments; and Consulting Services segments. The Brokerage and Related Services segment engages in the brokerage and investm… Read more
Ipopema Securities SA (IPE) - Net Assets
Latest net assets as of September 2025: zł128.34 Million PLN
Based on the latest financial reports, Ipopema Securities SA (IPE) has net assets worth zł128.34 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 (zł828.43 Million) and total liabilities (zł700.09 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 | zł128.34 Million |
| % of Total Assets | 15.49% |
| Annual Growth Rate | 6.82% |
| 5-Year Change | 11.82% |
| 10-Year Change | 50.96% |
| Growth Volatility | 13.83 |
Ipopema Securities SA - Net Assets Trend (2008–2024)
This chart illustrates how Ipopema Securities 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 Ipopema Securities SA (2008–2024)
The table below shows the annual net assets of Ipopema Securities SA from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł127.43 Million | +0.46% |
| 2023-12-31 | zł126.85 Million | +12.57% |
| 2022-12-31 | zł112.69 Million | -2.99% |
| 2021-12-31 | zł116.16 Million | +1.93% |
| 2020-12-31 | zł113.96 Million | +36.08% |
| 2019-12-31 | zł83.74 Million | +4.15% |
| 2018-12-31 | zł80.41 Million | -4.51% |
| 2017-12-31 | zł84.20 Million | +0.68% |
| 2016-12-31 | zł83.64 Million | -0.92% |
| 2015-12-31 | zł84.41 Million | +4.56% |
| 2014-12-31 | zł80.72 Million | -5.41% |
| 2013-12-31 | zł85.34 Million | +13.44% |
| 2012-12-31 | zł75.23 Million | -7.09% |
| 2011-12-31 | zł80.97 Million | +16.92% |
| 2010-12-31 | zł69.25 Million | +42.67% |
| 2009-12-31 | zł48.54 Million | +9.41% |
| 2008-12-31 | zł44.37 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ipopema Securities 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 208.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł103.80 Million | 85.88% |
| Common Stock | zł2.99 Million | 2.48% |
| Other Comprehensive Income | zł3.71 Million | 3.07% |
| Other Components | zł10.35 Million | 8.56% |
| Total Equity | zł120.86 Million | 100.00% |
Ipopema Securities SA Competitors by Market Cap
The table below lists competitors of Ipopema Securities SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Flagship Minerals Ltd
AU:FLG
|
$21.49 Million |
|
Ugint Co Ltd
KQ:195990
|
$21.50 Million |
|
Beta Drugs Ltd.
NSE:BETA
|
$21.51 Million |
|
Unicon Optical Co., Ltd.
TWO:4150
|
$21.52 Million |
|
Eskay Mining Corp
PINK:ESKYF
|
$21.49 Million |
|
Neo-Neon Holdings Limited
TW:911868
|
$21.49 Million |
|
RDE, Inc. Common Stock
NASDAQ:RSTN
|
$21.48 Million |
|
ATLAS
BK:ATLAS
|
$21.48 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ipopema Securities SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 120,718,000 to 120,864,000, a change of 146,000 (0.1%).
- Net income of 9,106,000 contributed positively to equity growth.
- Dividend payments of 8,981,000 reduced retained earnings.
- Other comprehensive income increased equity by 21,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł9.11 Million | +7.53% |
| Dividends Paid | zł8.98 Million | -7.43% |
| Other Comprehensive Income | zł21.00K | +0.02% |
| Total Change | zł- | 0.12% |
Book Value vs Market Value Analysis
This analysis compares Ipopema Securities 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: 1.19x
- 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 3.10x to 1.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł1.55 | zł4.80 | x |
| 2009-12-31 | zł1.63 | zł4.80 | x |
| 2010-12-31 | zł2.30 | zł4.80 | x |
| 2011-12-31 | zł2.61 | zł4.80 | x |
| 2012-12-31 | zł2.42 | zł4.80 | x |
| 2013-12-31 | zł2.71 | zł4.80 | x |
| 2014-12-31 | zł2.57 | zł4.80 | x |
| 2015-12-31 | zł2.70 | zł4.80 | x |
| 2016-12-31 | zł2.65 | zł4.80 | x |
| 2017-12-31 | zł2.67 | zł4.80 | x |
| 2018-12-31 | zł2.53 | zł4.80 | x |
| 2019-12-31 | zł2.64 | zł4.80 | x |
| 2020-12-31 | zł3.64 | zł4.80 | x |
| 2021-12-31 | zł3.71 | zł4.80 | x |
| 2022-12-31 | zł3.58 | zł4.80 | x |
| 2023-12-31 | zł4.03 | zł4.80 | x |
| 2024-12-31 | zł4.04 | zł4.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ipopema Securities 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): 7.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.54%
- • Asset Turnover: 0.71x
- • Equity Multiplier: 3.00x
- Recent ROE (7.53%) is below the historical average (12.82%), 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 | 28.20% | 23.33% | 0.39x | 3.13x | zł8.08 Million |
| 2009 | 24.93% | 16.67% | 0.18x | 8.18x | zł7.04 Million |
| 2010 | 26.69% | 17.92% | 0.25x | 6.05x | zł11.26 Million |
| 2011 | 33.68% | 23.25% | 0.18x | 8.14x | zł18.36 Million |
| 2012 | 12.56% | 9.62% | 0.12x | 11.00x | zł1.85 Million |
| 2013 | 10.31% | 7.84% | 0.30x | 4.34x | zł247.80K |
| 2014 | 6.01% | 4.44% | 0.32x | 4.22x | zł-3.07 Million |
| 2015 | 4.82% | 3.98% | 0.28x | 4.37x | zł-4.19 Million |
| 2016 | 1.85% | 1.66% | 0.26x | 4.30x | zł-6.46 Million |
| 2017 | 2.07% | 1.70% | 0.27x | 4.53x | zł-6.34 Million |
| 2018 | -3.87% | -2.99% | 0.38x | 3.43x | zł-10.52 Million |
| 2019 | 3.94% | 2.23% | 0.52x | 3.43x | zł-4.80 Million |
| 2020 | 27.23% | 11.50% | 0.44x | 5.40x | zł18.78 Million |
| 2021 | 11.80% | 5.11% | 0.61x | 3.79x | zł2.00 Million |
| 2022 | 5.17% | 2.13% | 0.68x | 3.54x | zł-5.17 Million |
| 2023 | 15.06% | 5.61% | 0.77x | 3.49x | zł6.11 Million |
| 2024 | 7.53% | 3.54% | 0.71x | 3.00x | zł-2.98 Million |
Industry Comparison
This section compares Ipopema Securities SA's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $271,873,747
- Average return on equity (ROE) among peers: 46.83%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ipopema Securities SA (IPE) | zł128.34 Million | 28.20% | 5.45x | $21.49 Million |
| Dom Maklerski IDM SA (IDM) | $2.23 Million | 337.63% | 1.44x | $4.17 Million |
| INC S.A. (INC) | $41.88 Million | 12.91% | 0.25x | $5.40 Million |
| New Tech Capital S.A. (NTC) | $14.98 Million | 27.26% | 0.99x | $976.53K |
| Novavis Group SA (NVG) | $3.84 Million | -38.43% | 1.37x | $2.94 Million |
| Reino Capital SA (RNC) | $60.99 Million | -4.91% | 0.15x | $5.49 Million |
| Skyline Investment S.A. (SKL) | $44.53 Million | -52.28% | 0.20x | $2.37 Million |
| X Trade Brokers Dom Maklerski SA (XTB) | $1.73 Billion | 45.61% | 1.70x | $1.50 Billion |