Interbud-Lublin SA (ITB) - Net Assets

Latest as of March 2026: zł8.12 Million PLN ≈ $2.24 Million USD

Based on the latest financial reports, Interbud-Lublin SA (ITB) has net assets worth zł8.12 Million PLN (≈ $2.24 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł60.29 Million ≈ $16.59 Million USD) and total liabilities (zł52.17 Million ≈ $14.36 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 tangible net worth ratio of Interbud-Lublin SA to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł8.12 Million
% of Total Assets	13.47%
Annual Growth Rate	-2.55%
5-Year Change	N/A
10-Year Change	N/A
Growth Volatility	88.72

Interbud-Lublin SA - Net Assets Trend (2009–2025)

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

Annual Net Assets for Interbud-Lublin SA (2009–2025)

The table below shows the annual net assets of Interbud-Lublin SA from 2009 to 2025. For live valuation and market cap data, see ITB stock market capitalisation.

Year	Net Assets	Change
2025-12-31	zł9.98 Million ≈ $2.75 Million	-15.56%
2024-12-31	zł11.82 Million ≈ $3.25 Million	+10.89%
2023-12-31	zł10.66 Million ≈ $2.93 Million	+366.74%
2022-12-31	zł-4.00 Million ≈ $-1.10 Million	+57.06%
2021-12-31	zł-9.30 Million ≈ $-2.56 Million	+26.53%
2020-12-31	zł-12.66 Million ≈ $-3.49 Million	-16.91%
2019-12-31	zł-10.83 Million ≈ $-2.98 Million	+25.40%
2018-12-31	zł-14.52 Million ≈ $-4.00 Million	-132.75%
2017-12-31	zł-6.24 Million ≈ $-1.72 Million	-156.22%
2016-12-31	zł-2.43 Million ≈ $-670.00K	-108.87%
2015-12-31	zł27.45 Million ≈ $7.56 Million	+38.55%
2014-12-31	zł19.81 Million ≈ $5.45 Million	-65.77%
2013-12-31	zł57.87 Million ≈ $15.93 Million	+0.32%
2012-12-31	zł57.69 Million ≈ $15.88 Million	-2.55%
2011-12-31	zł59.20 Million ≈ $16.29 Million	+18.35%
2010-12-31	zł50.02 Million ≈ $13.77 Million	+231.86%
2009-12-31	zł15.07 Million ≈ $4.15 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Interbud-Lublin 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 decreased by 432.2% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	zł36.36 Million	374.12%
Total Equity	zł9.72 Million	100.00%

Interbud-Lublin SA Competitors by Market Cap

The table below lists competitors of Interbud-Lublin SA ranked by their market capitalization.

Company	Market Cap
Mitra International Resources JK:MIRA	$4.41 Million
Thai-German Products Public Company Limited BK:TGPRO	$4.41 Million
Variscan Mines Ltd AU:VAR	$4.41 Million
Grand Gulf Energy Ltd AU:GGE	$4.42 Million
E Tech Resources Inc V:REE	$4.40 Million
Oakajee Corporation Ltd AU:OKJ	$4.40 Million
Teuza A Fairchild Technology Venture Ltd TA:TUZA	$4.40 Million
Acurx Pharmaceuticals LLC NASDAQ:ACXP	$4.40 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 12,941,263 to 9,717,523, a change of -3,223,740 (-24.9%).
Net loss of 4,403,740 reduced equity.
New share issuances of 2,529,000 increased equity.
Other factors decreased equity by 1,349,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł-4.40 Million	-45.32%
Share Issuances	zł2.53 Million	+26.03%
Other Changes	zł-1.35 Million	-13.88%
Total Change	zł-	-24.91%

Book Value vs Market Value Analysis

This analysis compares Interbud-Lublin 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: 1.65x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.47x to 1.65x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	zł3.00	zł1.42	x
2010-12-31	zł9.04	zł1.42	x
2011-12-31	zł8.44	zł1.42	x
2012-12-31	zł8.22	zł1.42	x
2013-12-31	zł8.25	zł1.42	x
2014-12-31	zł2.82	zł1.42	x
2015-12-31	zł3.91	zł1.42	x
2016-12-31	zł-0.35	zł1.42	x
2017-12-31	zł-0.89	zł1.42	x
2018-12-31	zł-2.07	zł1.42	x
2019-12-31	zł-1.54	zł1.42	x
2020-12-31	zł-1.80	zł1.42	x
2021-12-31	zł-1.33	zł1.42	x
2022-12-31	zł-0.57	zł1.42	x
2023-12-31	zł1.52	zł1.42	x
2024-12-31	zł1.26	zł1.42	x
2025-12-31	zł0.86	zł1.42	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Interbud-Lublin 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): -45.32%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -22.00%
• Asset Turnover: 0.35x
• Equity Multiplier: 5.81x
Recent ROE (-45.32%) is below the historical average (4.03%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	54.73%	6.48%	1.95x	4.34x	zł6.74 Million
2010	20.98%	9.93%	0.69x	3.07x	zł5.49 Million
2011	15.50%	7.45%	0.76x	2.74x	zł3.26 Million
2012	-3.01%	-1.29%	0.66x	3.50x	zł-7.50 Million
2013	0.32%	0.12%	0.85x	3.11x	zł-5.60 Million
2014	-119.91%	-24.56%	0.71x	6.87x	zł-25.74 Million
2015	27.82%	15.54%	0.45x	3.94x	zł4.89 Million
2016	0.00%	-663.56%	0.05x	0.00x	zł-28.32 Million
2017	0.00%	-160.26%	0.02x	0.00x	zł-3.18 Million
2018	0.00%	-42.86%	0.21x	0.00x	zł-6.83 Million
2019	0.00%	12.84%	0.48x	0.00x	zł4.77 Million
2020	0.00%	-77.35%	0.04x	0.00x	zł-565.50K
2021	0.00%	14.60%	0.36x	0.00x	zł4.29 Million
2022	0.00%	10.90%	1.94x	0.00x	zł5.71 Million
2023	137.49%	913.80%	0.08x	1.85x	zł13.59 Million
2024	-20.13%	-132.32%	0.05x	3.09x	zł-3.90 Million
2025	-45.32%	-22.00%	0.35x	5.81x	zł-5.38 Million

Industry Comparison

This section compares Interbud-Lublin SA's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $254,593,526
Average return on equity (ROE) among peers: 3.22%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Interbud-Lublin SA (ITB)	zł8.12 Million	54.73%	6.42x	$4.41 Million
Atrem S.A. (ATR)	$35.17 Million	7.19%	1.46x	$140.73 Million
Budimex S.A. (BDX)	$882.13 Million	52.65%	5.80x	$5.03 Billion
Dekpol SA (DEK)	$39.72 Million	8.36%	2.35x	$159.72 Million
Energoaparatura S.A. (ENP)	$12.86 Million	7.56%	1.07x	$18.95 Million
Erbud SA (ERB)	$266.97 Million	6.45%	1.98x	$85.20 Million
INSTAL KRAKÓW SA (INK)	$227.27 Million	5.34%	0.76x	$74.99 Million
Mirbud SA (MRB)	$461.61 Million	12.61%	2.33x	$332.08 Million
MOSTOSTAL Płock SA (MSP)	$37.67 Million	-36.37%	0.45x	$6.55 Million
Mostostal Warszawa S.A. (MSW)	$327.94 Million	-34.85%	4.96x	$21.08 Million

About Interbud-Lublin SA

WAR:ITB Poland Engineering & Construction

Market Cap

$4.41 Million

zł16.01 Million PLN

Market Cap Rank

#28788 Global

#332 in Poland

Share Price

zł1.42

Change (1 day)

-8.97%

52-Week Range

zł1.42 - zł2.30

All Time High

zł3.95