Ipopema Securities SA (IPE) - Net Assets

Latest as of December 2025: zł142.95 Million PLN ≈ $39.34 Million USD

Based on the latest financial reports, Ipopema Securities SA (IPE) has net assets worth zł142.95 Million PLN (≈ $39.34 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 (zł475.34 Million ≈ $130.82 Million USD) and total liabilities (zł332.38 Million ≈ $91.48 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. Explore Ipopema Securities SA (IPE) cash flow conversion to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł142.95 Million
% of Total Assets	30.07%
Annual Growth Rate	7.13%
5-Year Change	23.07%
10-Year Change	70.93%
Growth Volatility	13.46

Ipopema Securities SA - Net Assets Trend (2008–2025)

This chart illustrates how Ipopema Securities SA's net assets have evolved over time, based on quarterly financial data. Also explore IPE current and non-current assets for the complete picture of this company's asset base.

Annual Net Assets for Ipopema Securities SA (2008–2025)

The table below shows the annual net assets of Ipopema Securities SA from 2008 to 2025. For live valuation and market cap data, see Ipopema Securities SA stock valuation.

Year	Net Assets	Change
2025-12-31	zł142.95 Million ≈ $39.34 Million	+12.19%
2024-12-31	zł127.43 Million ≈ $35.07 Million	+0.46%
2023-12-31	zł126.85 Million ≈ $34.91 Million	+12.57%
2022-12-31	zł112.69 Million ≈ $31.01 Million	-2.99%
2021-12-31	zł116.16 Million ≈ $31.97 Million	+1.93%
2020-12-31	zł113.96 Million ≈ $31.36 Million	+36.08%
2019-12-31	zł83.74 Million ≈ $23.05 Million	+4.15%
2018-12-31	zł80.41 Million ≈ $22.13 Million	-4.51%
2017-12-31	zł84.20 Million ≈ $23.17 Million	+0.68%
2016-12-31	zł83.64 Million ≈ $23.02 Million	-0.92%
2015-12-31	zł84.41 Million ≈ $23.23 Million	+4.56%
2014-12-31	zł80.72 Million ≈ $22.22 Million	-5.41%
2013-12-31	zł85.34 Million ≈ $23.49 Million	+13.44%
2012-12-31	zł75.23 Million ≈ $20.70 Million	-7.09%
2011-12-31	zł80.97 Million ≈ $22.28 Million	+16.92%
2010-12-31	zł69.25 Million ≈ $19.06 Million	+42.67%
2009-12-31	zł48.54 Million ≈ $13.36 Million	+9.41%
2008-12-31	zł44.37 Million ≈ $12.21 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 251.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł118.27 Million	87.20%
Other Components	zł17.36 Million	12.80%
Total Equity	zł135.64 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
CTI Traffic Industries Co Ltd TWO:2230	$60.98 Million
Haulotte Group SA PA:PIG	$60.98 Million
Samwon Steel KO:023000	$61.00 Million
GameSparcs Co Ltd TWO:6542	$61.00 Million
NeueHealth Inc NYSE:NEUE	$60.94 Million
POS Malaysia&Services Holdings Bhd KLSE:4634	$60.92 Million
Comunication Weaver Co.Ltd KQ:056360	$60.92 Million
Westlin Corporation NASDAQ:WSTN	$60.91 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 2024 to 2025, total equity changed from 120,864,000 to 135,639,000, a change of 14,775,000 (12.2%).
Net income of 23,857,000 contributed positively to equity growth.
Dividend payments of 6,287,000 reduced retained earnings.
Other comprehensive income decreased equity by 3,715,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł23.86 Million	+17.59%
Dividends Paid	zł6.29 Million	-4.64%
Other Comprehensive Income	zł-3.71 Million	-2.74%
Other Changes	zł920.00K	+0.68%
Total Change	zł-	12.22%

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: 1.63x
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 4.77x to 1.63x 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	zł7.40	x
2009-12-31	zł1.63	zł7.40	x
2010-12-31	zł2.30	zł7.40	x
2011-12-31	zł2.61	zł7.40	x
2012-12-31	zł2.42	zł7.40	x
2013-12-31	zł2.71	zł7.40	x
2014-12-31	zł2.57	zł7.40	x
2015-12-31	zł2.70	zł7.40	x
2016-12-31	zł2.65	zł7.40	x
2017-12-31	zł2.67	zł7.40	x
2018-12-31	zł2.53	zł7.40	x
2019-12-31	zł2.64	zł7.40	x
2020-12-31	zł3.64	zł7.40	x
2021-12-31	zł3.71	zł7.40	x
2022-12-31	zł3.58	zł7.40	x
2023-12-31	zł4.03	zł7.40	x
2024-12-31	zł4.04	zł7.40	x
2025-12-31	zł4.53	zł7.40	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): 17.59%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.04%
• Asset Turnover: 0.62x
• Equity Multiplier: 3.50x
Recent ROE (17.59%) is above the historical average (13.09%), indicating improving 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
2025	17.59%	8.04%	0.62x	3.50x	zł10.29 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: $168,185,745
Average return on equity (ROE) among peers: 16.82%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Ipopema Securities SA (IPE)	zł142.95 Million	28.20%	2.33x	$60.97 Million
Dom Maklerski IDM SA (IDM)	$-60.89 Million	0.00%	0.00x	$6.25 Million
INC S.A. (INC)	$36.81 Million	32.34%	0.14x	$6.45 Million
Novavis Group SA (NVG)	$5.31 Million	53.86%	2.47x	$6.70 Million
Reino Capital SA (RNC)	$60.99 Million	-4.91%	0.15x	$25.99 Million
Skyline Investment S.A. (SKL)	$51.34 Million	-6.35%	0.75x	$10.78 Million
X Trade Brokers Dom Maklerski SA (XTB)	$915.56 Million	25.98%	2.44x	$3.23 Billion

About Ipopema Securities SA

WAR:IPE Poland Capital Markets

Market Cap

$60.97 Million

zł221.54 Million PLN

Market Cap Rank

#21234 Global

#185 in Poland

Share Price

zł7.40

Change (1 day)

-0.80%

52-Week Range

zł2.67 - zł7.46

All Time High

zł7.46