LSI Software S.A. (LSI) - Net Assets

Latest as of September 2025: zł64.92 Million PLN ≈ $17.87 Million USD

Based on the latest financial reports, LSI Software S.A. (LSI) has net assets worth zł64.92 Million PLN (≈ $17.87 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 (zł80.39 Million ≈ $22.12 Million USD) and total liabilities (zł15.47 Million ≈ $4.26 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 LSI Software S.A. liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł64.92 Million
% of Total Assets	80.76%
Annual Growth Rate	9.02%
5-Year Change	43.29%
10-Year Change	138.6%
Growth Volatility	6.34

LSI Software S.A. - Net Assets Trend (2009–2024)

This chart illustrates how LSI Software S.A.'s net assets have evolved over time, based on quarterly financial data. Also explore LSI asset base for the complete picture of this company's asset base.

Annual Net Assets for LSI Software S.A. (2009–2024)

The table below shows the annual net assets of LSI Software S.A. from 2009 to 2024. For live valuation and market cap data, see LSI Software S.A. (LSI) market capitalisation.

Year	Net Assets	Change
2024-12-31	zł57.10 Million ≈ $15.71 Million	+11.54%
2023-12-31	zł51.19 Million ≈ $14.09 Million	+4.89%
2022-12-31	zł48.80 Million ≈ $13.43 Million	+5.99%
2021-12-31	zł46.05 Million ≈ $12.67 Million	+15.55%
2020-12-31	zł39.85 Million ≈ $10.97 Million	+6.41%
2019-12-31	zł37.45 Million ≈ $10.31 Million	+13.97%
2018-12-31	zł32.86 Million ≈ $9.04 Million	+2.35%
2017-12-31	zł32.10 Million ≈ $8.83 Million	+14.77%
2016-12-31	zł27.97 Million ≈ $7.70 Million	+16.88%
2015-12-31	zł23.93 Million ≈ $6.59 Million	+18.47%
2014-12-31	zł20.20 Million ≈ $5.56 Million	-6.64%
2013-12-31	zł21.64 Million ≈ $5.95 Million	+11.87%
2012-12-31	zł19.34 Million ≈ $5.32 Million	+5.62%
2011-12-31	zł18.31 Million ≈ $5.04 Million	+7.28%
2010-12-31	zł17.07 Million ≈ $4.70 Million	+9.16%
2009-12-31	zł15.64 Million ≈ $4.30 Million	--

Equity Component Analysis

This analysis shows how different components contribute to LSI Software S.A.'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 4502700000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	zł44.23 Million	77.47%
Common Stock	zł3.26 Million	5.71%
Other Comprehensive Income	zł2.06 Million	3.61%
Other Components	zł7.54 Million	13.21%
Total Equity	zł57.10 Million	100.00%

LSI Software S.A. Competitors by Market Cap

The table below lists competitors of LSI Software S.A. ranked by their market capitalization.

Company	Market Cap
Croda International PLC LSE:CRDA	$48.13 Million
Agile Content SA MC:AGIL	$48.14 Million
Nanoveu Ltd AU:NVU	$48.16 Million
Workpoint Entertainment Public Company Limited BK:WORK	$48.17 Million
Computacenter PLC LSE:CCC	$48.11 Million
Black Hawk Acquisition Corporation NASDAQ:BKHA	$48.10 Million
NEORIGIN Co. Ltd KQ:094860	$48.09 Million
Spuntech TA:SPNTC	$48.07 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in LSI Software S.A.'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 51,189,000 to 57,097,000, a change of 5,908,000 (11.5%).
Net income of 5,908,000 contributed positively to equity growth.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł5.91 Million	+10.35%
Total Change	zł-	11.54%

Book Value vs Market Value Analysis

This analysis compares LSI Software S.A.'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: 3.11x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 11.34x to 3.11x 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	zł4.80	zł54.40	x
2010-12-31	zł5.23	zł54.40	x
2011-12-31	zł5.62	zł54.40	x
2012-12-31	zł6.01	zł54.40	x
2013-12-31	zł6.64	zł54.40	x
2014-12-31	zł0.06	zł54.40	x
2015-12-31	zł7.34	zł54.40	x
2016-12-31	zł8.58	zł54.40	x
2017-12-31	zł9.84	zł54.40	x
2018-12-31	zł10.08	zł54.40	x
2019-12-31	zł11.48	zł54.40	x
2020-12-31	zł12.22	zł54.40	x
2021-12-31	zł14.12	zł54.40	x
2022-12-31	zł14.97	zł54.40	x
2023-12-31	zł15.70	zł54.40	x
2024-12-31	zł17.51	zł54.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently LSI Software S.A. 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): 10.35%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 8.48%
• Asset Turnover: 0.92x
• Equity Multiplier: 1.32x
Recent ROE (10.35%) is above the historical average (9.78%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	5.19%	4.37%	0.81x	1.47x	zł-752.60K
2010	8.40%	7.03%	0.81x	1.48x	zł-273.90K
2011	6.23%	5.01%	0.89x	1.41x	zł-690.20K
2012	7.43%	5.65%	0.90x	1.47x	zł-497.10K
2013	11.10%	7.87%	0.95x	1.49x	zł238.40K
2014	-6.43%	-5.02%	0.90x	1.42x	zł-3.32 Million
2015	15.48%	12.89%	0.86x	1.39x	zł1.31 Million
2016	16.13%	13.64%	0.87x	1.36x	zł1.72 Million
2017	15.70%	10.59%	1.08x	1.37x	zł1.83 Million
2018	18.47%	12.73%	1.07x	1.35x	zł2.78 Million
2019	16.55%	12.01%	0.95x	1.45x	zł2.45 Million
2020	6.03%	5.58%	0.80x	1.35x	zł-1.58 Million
2021	14.04%	11.96%	0.89x	1.32x	zł1.86 Million
2022	5.65%	4.81%	0.92x	1.28x	zł-2.12 Million
2023	6.23%	5.60%	0.85x	1.31x	zł-1.93 Million
2024	10.35%	8.48%	0.92x	1.32x	zł198.30K

Industry Comparison

This section compares LSI Software S.A.'s net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $1,162,882,119
Average return on equity (ROE) among peers: 12.09%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
LSI Software S.A. (LSI)	zł64.92 Million	5.19%	0.24x	$48.13 Million
Asseco Business Solutions S.A. (ABS)	$361.65 Million	23.58%	0.32x	$752.03 Million
Asseco Poland S.A. (ACP)	$8.96 Billion	4.48%	0.86x	$4.03 Billion
Asseco South Eastern Europe S.A. (ASE)	$971.69 Million	15.36%	0.56x	$865.49 Million
Brand 24 SA (B24)	$11.41 Million	6.70%	1.22x	$37.06 Million
Fabrity Holding S.A. (FAB)	$26.70 Million	8.71%	1.11x	$19.21 Million
Nexity Global SA (NXG)	$75.71 Million	17.18%	0.28x	$2.89 Million
Quantum Software SA (QNT)	$15.91 Million	3.26%	0.19x	$10.82 Million
Shoper S.A. (SHO)	$37.63 Million	67.29%	1.22x	$309.72 Million
Silvair Inc (SVRS)	$7.95 Million	-37.78%	0.18x	$23.95 Million

About LSI Software S.A.

WAR:LSI Poland Software - Application

Market Cap

$48.13 Million

zł174.88 Million PLN

Market Cap Rank

#22029 Global

#196 in Poland

Share Price

zł54.40

Change (1 day)

+21.16%

52-Week Range

zł15.70 - zł54.40

All Time High

zł54.40