Mennica Polska S.A.

WAR:MNC Poland Metal Fabrication
Market Cap
$551.92 Million
zł2.29 Billion PLN
Market Cap Rank
#13973 Global
#42 in Poland
Share Price
zł45.00
Change (1 day)
+0.00%
52-Week Range
zł23.70 - zł53.60
All Time High
zł53.60
Categories
Companies in Poland Metal Fabrication
About

Mennica Polska S.A. engages in the manufacture and distribution of minting and engraved/medallist products in Poland and internationally. The company operates through three segments: Mint Products, Electronic Payments, and Real Estate Development. It produces and sells mint products, including circulation and collector coins; gold and silver investment products comprising bars and bullion coins; … Read more

Mennica Polska S.A. (MNC) - Net Assets

Latest net assets as of September 2025: zł1.68 Billion PLN

Based on the latest financial reports, Mennica Polska S.A. (MNC) has net assets worth zł1.68 Billion PLN as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł2.95 Billion) and total liabilities (zł1.28 Billion). 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 zł1.68 Billion
% of Total Assets 56.77%
Annual Growth Rate 4.2%
5-Year Change 32.8%
10-Year Change 61.57%
Growth Volatility 23.2

Mennica Polska S.A. - Net Assets Trend (2009–2024)

This chart illustrates how Mennica Polska S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Mennica Polska S.A. (2009–2024)

The table below shows the annual net assets of Mennica Polska S.A. from 2009 to 2024.

Year Net Assets Change
2024-12-31 zł780.15 Million +4.07%
2023-12-31 zł749.62 Million +17.55%
2022-12-31 zł637.69 Million -0.53%
2021-12-31 zł641.10 Million +9.13%
2020-12-31 zł587.48 Million +5.19%
2019-12-31 zł558.48 Million -8.57%
2018-12-31 zł610.82 Million +2.39%
2017-12-31 zł596.59 Million +27.41%
2016-12-31 zł468.23 Million -3.03%
2015-12-31 zł482.85 Million -24.76%
2014-12-31 zł641.70 Million -2.00%
2013-12-31 zł654.83 Million +9.40%
2012-12-31 zł598.57 Million +79.89%
2011-12-31 zł332.74 Million -16.58%
2010-12-31 zł398.86 Million -5.21%
2009-12-31 zł420.78 Million --

Equity Component Analysis

This analysis shows how different components contribute to Mennica Polska 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 349.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł397.50 Million 57.91%
Common Stock zł51.09 Million 7.44%
Other Comprehensive Income zł224.85 Million 32.76%
Other Components zł12.99 Million 1.89%
Total Equity zł686.42 Million 100.00%

Mennica Polska S.A. Competitors by Market Cap

The table below lists competitors of Mennica Polska S.A. ranked by their market capitalization.

Company Market Cap
STHREE PLC LS -01
F:S8T
 		$243.47 Million
Black Box Limited
NSE:BBOX
 		$243.59 Million
Heba Fastighets AB Series B
LSE:0GNV
 		$243.62 Million
389650
KQ:389650
 		$243.63 Million
VIEMED HLTHCARE INC. O.N.
F:VIJ
 		$243.43 Million
RDC Semiconductor Co Ltd
TWO:3228
 		$243.42 Million
Lyell Immunopharma Inc
NASDAQ:LYEL
 		$243.38 Million
Rezolve AI PLC
F:O5F
 		$243.36 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 672,845,000 to 686,423,000, a change of 13,578,000 (2.0%).
  • Net income of 77,919,000 contributed positively to equity growth.
  • Dividend payments of 63,859,000 reduced retained earnings.
  • Share repurchases of 1,059,000 reduced equity.
  • Other comprehensive income increased equity by 220,577,000.
  • Other factors decreased equity by 220,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł77.92 Million +11.35%
Dividends Paid zł63.86 Million -9.3%
Share Repurchases zł1.06 Million -0.15%
Other Comprehensive Income zł220.58 Million +32.13%
Other Changes zł-220.00 Million -32.05%
Total Change zł- 2.02%

Book Value vs Market Value Analysis

This analysis compares Mennica Polska 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: 3.35x
  • 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 7.03x to 3.35x 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 zł6.40 zł45.00 x
2010-12-31 zł6.74 zł45.00 x
2011-12-31 zł5.63 zł45.00 x
2012-12-31 zł10.44 zł45.00 x
2013-12-31 zł11.52 zł45.00 x
2014-12-31 zł11.37 zł45.00 x
2015-12-31 zł8.35 zł45.00 x
2016-12-31 zł8.03 zł45.00 x
2017-12-31 zł10.55 zł45.00 x
2018-12-31 zł10.86 zł45.00 x
2019-12-31 zł9.88 zł45.00 x
2020-12-31 zł10.50 zł45.00 x
2021-12-31 zł11.51 zł45.00 x
2022-12-31 zł11.48 zł45.00 x
2023-12-31 zł13.17 zł45.00 x
2024-12-31 zł13.44 zł45.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mennica Polska 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): 11.35%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 5.61%
  • • Asset Turnover: 0.99x
  • • Equity Multiplier: 2.04x
  • Recent ROE (11.35%) is below the historical average (11.96%), 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 22.77% 10.09% 1.93x 1.17x zł53.74 Million
2010 3.59% 2.08% 1.44x 1.20x zł-25.58 Million
2011 11.65% 4.45% 1.70x 1.54x zł5.50 Million
2012 22.25% 4.47% 2.83x 1.76x zł66.27 Million
2013 16.75% 9.86% 1.16x 1.46x zł40.31 Million
2014 2.88% 2.11% 0.80x 1.69x zł-41.71 Million
2015 8.63% 4.78% 0.97x 1.87x zł-5.86 Million
2016 11.44% 5.32% 1.05x 2.05x zł5.90 Million
2017 23.04% 13.40% 0.96x 1.78x zł70.31 Million
2018 12.13% 6.50% 1.27x 1.47x zł11.84 Million
2019 -0.24% -0.18% 0.69x 1.92x zł-51.74 Million
2020 10.77% 6.13% 1.07x 1.64x zł4.16 Million
2021 14.80% 6.65% 1.43x 1.56x zł28.22 Million
2022 5.88% 2.69% 1.33x 1.65x zł-24.18 Million
2023 13.60% 7.42% 1.13x 1.62x zł24.24 Million
2024 11.35% 5.61% 0.99x 2.04x zł9.28 Million

Industry Comparison

This section compares Mennica Polska S.A.'s net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

  • Industry: Metal Fabrication
  • Average net assets among peers: $57,159,540
  • Average return on equity (ROE) among peers: -18.76%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Mennica Polska S.A. (MNC) zł1.68 Billion 22.77% 0.76x $243.46 Million
FASING SA (FSG) $144.12 Million 2.43% 0.83x $4.59 Million
MFO SA (MFO) $44.17 Million 13.47% 0.73x $19.39 Million
Mangata Holding S.A. (MGT) $129.53 Million 17.50% 0.75x $36.24 Million
Odlewnie Polskie SA (ODL) $-65.32 Million 0.00% 0.00x $29.73 Million
PGF Polska Grupa Fotowoltaiczna SA (PGV) $33.29 Million -127.20% 4.17x $8.27 Million