Izostal SA (IZS) - Net Assets

Latest as of September 2025: zł267.64 Million PLN ≈ $73.66 Million USD

Based on the latest financial reports, Izostal SA (IZS) has net assets worth zł267.64 Million PLN (≈ $73.66 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 (zł660.05 Million ≈ $181.66 Million USD) and total liabilities (zł392.41 Million ≈ $108.00 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 IZS cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł267.64 Million
% of Total Assets	40.55%
Annual Growth Rate	5.44%
5-Year Change	19.32%
10-Year Change	57.58%
Growth Volatility	3.77

Izostal SA - Net Assets Trend (2010–2025)

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

Annual Net Assets for Izostal SA (2010–2025)

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

Year	Net Assets	Change
2025-12-31	zł268.71 Million ≈ $73.95 Million	+3.79%
2024-12-31	zł258.91 Million ≈ $71.26 Million	+2.85%
2023-12-31	zł251.74 Million ≈ $69.28 Million	+3.25%
2022-12-31	zł243.81 Million ≈ $67.10 Million	+8.26%
2021-12-31	zł225.21 Million ≈ $61.98 Million	+6.97%
2020-12-31	zł210.54 Million ≈ $57.94 Million	+5.80%
2019-12-31	zł199.00 Million ≈ $54.77 Million	+4.59%
2018-12-31	zł190.27 Million ≈ $52.37 Million	+7.29%
2017-12-31	zł177.35 Million ≈ $48.81 Million	+4.00%
2016-12-31	zł170.53 Million ≈ $46.93 Million	+4.32%
2015-12-31	zł163.47 Million ≈ $44.99 Million	+0.09%
2014-12-31	zł163.32 Million ≈ $44.95 Million	+0.61%
2013-12-31	zł162.32 Million ≈ $44.67 Million	+4.71%
2012-12-31	zł155.01 Million ≈ $42.66 Million	+10.51%
2011-12-31	zł140.28 Million ≈ $38.61 Million	+15.60%
2010-12-31	zł121.35 Million ≈ $33.40 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Izostal 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 2122.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł165.27 Million	61.50%
Other Components	zł103.44 Million	38.50%
Total Equity	zł268.71 Million	100.00%

Izostal SA Competitors by Market Cap

The table below lists competitors of Izostal SA ranked by their market capitalization.

Company	Market Cap
Arrive AI Inc. NASDAQ:ARAI	$27.68 Million
Etiler İnci Bufe Gida Sanayi ve Dis Ticaret AS IS:ETILR	$27.68 Million
ClearSign Combustion Corporation NASDAQ:CLIR	$27.69 Million
West High Yield Resources Ltd V:WHY	$27.71 Million
Zhejiang Yuancheng Landscape SHG:603388	$27.65 Million
GREMI MEDIA S.A. ZY 4 F:4C8	$27.63 Million
Briacell Therapeutics Corp NASDAQ:BCTX	$27.62 Million
YoungWoo DSP Co.Ltd KQ:143540	$27.62 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 258,908,000 to 268,712,000, a change of 9,804,000 (3.8%).
Net income of 12,793,000 contributed positively to equity growth.
Other comprehensive income increased equity by 179,000.
Other factors decreased equity by 3,168,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł12.79 Million	+4.76%
Other Comprehensive Income	zł179.00K	+0.07%
Other Changes	zł-3.17 Million	-1.18%
Total Change	zł-	3.79%

Book Value vs Market Value Analysis

This analysis compares Izostal 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: 0.37x
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 0.83x to 0.37x 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	zł3.71	zł3.07	x
2011-12-31	zł4.28	zł3.07	x
2012-12-31	zł4.73	zł3.07	x
2013-12-31	zł4.96	zł3.07	x
2014-12-31	zł4.99	zł3.07	x
2015-12-31	zł4.99	zł3.07	x
2016-12-31	zł5.21	zł3.07	x
2017-12-31	zł5.42	zł3.07	x
2018-12-31	zł5.81	zł3.07	x
2019-12-31	zł6.08	zł3.07	x
2020-12-31	zł6.43	zł3.07	x
2021-12-31	zł6.88	zł3.07	x
2022-12-31	zł7.45	zł3.07	x
2023-12-31	zł7.69	zł3.07	x
2024-12-31	zł7.91	zł3.07	x
2025-12-31	zł8.21	zł3.07	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Izostal 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): 4.76%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.04%
• Asset Turnover: 2.27x
• Equity Multiplier: 2.02x
Recent ROE (4.76%) is below the historical average (6.74%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2010	6.13%	5.38%	0.68x	1.68x	zł-4.70 Million
2011	13.64%	7.37%	0.95x	1.94x	zł5.11 Million
2012	13.10%	4.42%	1.64x	1.81x	zł4.80 Million
2013	8.14%	4.08%	1.33x	1.50x	zł-3.02 Million
2014	3.01%	2.35%	0.85x	1.51x	zł-11.41 Million
2015	1.50%	1.17%	0.78x	1.64x	zł-13.89 Million
2016	4.16%	1.87%	1.04x	2.14x	zł-9.96 Million
2017	5.15%	1.62%	1.24x	2.57x	zł-8.60 Million
2018	8.35%	1.83%	1.54x	2.97x	zł-3.14 Million
2019	6.55%	1.69%	1.43x	2.70x	zł-6.87 Million
2020	7.21%	1.76%	1.59x	2.57x	zł-5.88 Million
2021	8.24%	2.33%	1.11x	3.20x	zł-3.97 Million
2022	9.22%	1.92%	1.69x	2.84x	zł-1.90 Million
2023	4.74%	1.59%	1.47x	2.03x	zł-13.24 Million
2024	3.92%	1.31%	1.00x	2.99x	zł-15.75 Million
2025	4.76%	1.04%	2.27x	2.02x	zł-14.08 Million

Industry Comparison

This section compares Izostal SA's net assets metrics with peer companies in the Steel industry.

Industry Context

Industry: Steel
Average net assets among peers: $115,591,060
Average return on equity (ROE) among peers: -11.56%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Izostal SA (IZS)	zł267.64 Million	6.13%	1.47x	$27.67 Million
Bowim S.A. (BOW)	$118.61 Million	14.40%	2.53x	$32.27 Million
Cognor S.A. (COG)	$196.39 Million	-91.61%	0.84x	$312.48 Million
Stalprodukt SA (STP)	$104.26 Million	3.92%	2.15x	$337.53 Million
Zamet Industry SA (ZMT)	$134.18 Million	10.55%	0.44x	$24.14 Million
Zaklad Budowy Maszyn ZREMB-CHOJNICE S.A. (ZRE)	$24.52 Million	4.95%	1.68x	$35.79 Million

About Izostal SA

WAR:IZS Poland Steel

Market Cap

$27.67 Million

zł100.52 Million PLN

Market Cap Rank

#23970 Global

#230 in Poland

Share Price

zł3.07

Change (1 day)

+0.66%

52-Week Range

zł2.53 - zł3.71

All Time High

zł5.38