Mennica Polska S.A. (MNC) - Net Assets
Based on the latest financial reports, Mennica Polska S.A. (MNC) has net assets worth zł1.32 Billion PLN (≈ $363.82 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł2.63 Billion ≈ $723.28 Million USD) and total liabilities (zł1.31 Billion ≈ $359.46 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 asset allocation strategy of Mennica Polska S.A. to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.32 Billion |
| % of Total Assets | 50.3% |
| Annual Growth Rate | 9.07% |
| 5-Year Change | 163.28% |
| 10-Year Change | 260.49% |
| Growth Volatility | 34.85 |
Mennica Polska S.A. - Net Assets Trend (2009–2025)
This chart illustrates how Mennica Polska S.A.'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Mennica Polska S.A. market capitalisation.
Annual Net Assets for Mennica Polska S.A. (2009–2025)
The table below shows the annual net assets of Mennica Polska S.A. from 2009 to 2025. Also explore MNC net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł1.69 Billion ≈ $464.54 Million |
+116.36% |
| 2024-12-31 | zł780.15 Million ≈ $214.71 Million |
+4.07% |
| 2023-12-31 | zł749.62 Million ≈ $206.31 Million |
+17.55% |
| 2022-12-31 | zł637.69 Million ≈ $175.50 Million |
-0.53% |
| 2021-12-31 | zł641.10 Million ≈ $176.44 Million |
+9.13% |
| 2020-12-31 | zł587.48 Million ≈ $161.68 Million |
+5.19% |
| 2019-12-31 | zł558.48 Million ≈ $153.70 Million |
-8.57% |
| 2018-12-31 | zł610.82 Million ≈ $168.11 Million |
+2.39% |
| 2017-12-31 | zł596.59 Million ≈ $164.19 Million |
+27.41% |
| 2016-12-31 | zł468.23 Million ≈ $128.86 Million |
-3.03% |
| 2015-12-31 | zł482.85 Million ≈ $132.89 Million |
-24.76% |
| 2014-12-31 | zł641.70 Million ≈ $176.61 Million |
-2.00% |
| 2013-12-31 | zł654.83 Million ≈ $180.22 Million |
+9.40% |
| 2012-12-31 | zł598.57 Million ≈ $164.73 Million |
+79.89% |
| 2011-12-31 | zł332.74 Million ≈ $91.58 Million |
-16.58% |
| 2010-12-31 | zł398.86 Million ≈ $109.77 Million |
-5.21% |
| 2009-12-31 | zł420.78 Million ≈ $115.80 Million |
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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 848.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł839.62 Million | 74.23% |
| Common Stock | zł51.09 Million | 4.52% |
| Other Comprehensive Income | zł228.14 Million | 20.17% |
| Other Components | zł12.19 Million | 1.08% |
| Total Equity | zł1.13 Billion | 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 |
|---|---|
|
Shanghai Titan Scientific Co. Ltd. A
SHG:688133
|
$546.21 Million |
|
PDS Limited
NSE:PDSL
|
$546.28 Million |
|
Gokaldas Exports Limited
NSE:GOKEX
|
$546.49 Million |
|
Rusoro Mining Ltd
V:RML
|
$546.53 Million |
|
Guangdong Eastone Century Technology Co Ltd
SHE:300310
|
$545.73 Million |
|
Basler Kantonalbank
SW:BSKP
|
$545.67 Million |
|
RPG Life Sciences Limited
NSE:RPGLIFE
|
$545.64 Million |
|
Latent View Analytics Limited
NSE:LATENTVIEW
|
$545.47 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 2024 to 2025, total equity changed from 686,423,000 to 1,131,036,000, a change of 444,613,000 (64.8%).
- Net income of 498,220,000 contributed positively to equity growth.
- Dividend payments of 56,098,000 reduced retained earnings.
- Share repurchases of 799,000 reduced equity.
- Other comprehensive income increased equity by 3,290,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł498.22 Million | +44.05% |
| Dividends Paid | zł56.10 Million | -4.96% |
| Share Repurchases | zł799.00K | -0.07% |
| Other Comprehensive Income | zł3.29 Million | +0.29% |
| Total Change | zł- | 64.77% |
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: 1.75x
- 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 6.08x to 1.75x 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 | zł38.90 | x |
| 2010-12-31 | zł6.74 | zł38.90 | x |
| 2011-12-31 | zł5.63 | zł38.90 | x |
| 2012-12-31 | zł10.44 | zł38.90 | x |
| 2013-12-31 | zł11.52 | zł38.90 | x |
| 2014-12-31 | zł11.37 | zł38.90 | x |
| 2015-12-31 | zł8.35 | zł38.90 | x |
| 2016-12-31 | zł8.03 | zł38.90 | x |
| 2017-12-31 | zł10.55 | zł38.90 | x |
| 2018-12-31 | zł10.86 | zł38.90 | x |
| 2019-12-31 | zł9.88 | zł38.90 | x |
| 2020-12-31 | zł10.50 | zł38.90 | x |
| 2021-12-31 | zł11.51 | zł38.90 | x |
| 2022-12-31 | zł11.48 | zł38.90 | x |
| 2023-12-31 | zł13.17 | zł38.90 | x |
| 2024-12-31 | zł13.44 | zł38.90 | x |
| 2025-12-31 | zł22.18 | zł38.90 | 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): 44.05%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 27.28%
- • Asset Turnover: 0.65x
- • Equity Multiplier: 2.47x
- Recent ROE (44.05%) is above the historical average (13.84%), indicating improving 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 |
| 2025 | 44.05% | 27.28% | 0.65x | 2.47x | zł385.12 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: $99,990,320
- Average return on equity (ROE) among peers: 8.14%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Mennica Polska S.A. (MNC) | zł1.32 Billion | 22.77% | 0.99x | $545.98 Million |
| FASING SA (FSG) | $144.12 Million | 2.43% | 0.83x | $12.31 Million |
| MFO SA (MFO) | $115.22 Million | 17.98% | 0.78x | $53.65 Million |
| Mangata Holding S.A. (MGT) | $68.19 Million | 15.46% | 1.39x | $111.67 Million |
| Odlewnie Polskie SA (ODL) | $144.64 Million | 24.16% | 0.28x | $111.24 Million |
| PGF Polska Grupa Fotowoltaiczna SA (PGV) | $27.79 Million | -19.34% | 5.37x | $35.13 Million |
About Mennica Polska S.A.
Mennica Polska S.A. manufactures and distributes mint products, investment products, and engraving and medal products in Poland. The company operates through four segments: Mint Products, Electronic Payments, Property Rental, and Property Development. It produces and sells mint products, including circulation and collector coins; gold and silver investment products comprising bars and bullion coi… Read more