Monnari Trade S.A.

WAR:MON Poland Apparel Manufacturing
Market Cap
$36.56 Million
zł152.01 Million PLN
Market Cap Rank
#26627 Global
#185 in Poland
Share Price
zł5.84
Change (1 day)
+1.74%
52-Week Range
zł4.54 - zł7.48
All Time High
zł16.90
About

Monnari Trade S.A. designs, produces, markets, and sells clothing products and accessories for women in Poland. It sells its products under the MONNARI brand through its network of stores and online. The company was formerly known as MONNARI s.c. and changed its name to Monnari Trade S.A. in 2000. Monnari Trade S.A. was founded in 1998 and is headquartered in Ló Lódz, Poland.

Monnari Trade S.A. (MON) - Net Assets

Latest net assets as of September 2025: zł313.69 Million PLN

Based on the latest financial reports, Monnari Trade S.A. (MON) has net assets worth zł313.69 Million PLN as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł388.15 Million) and total liabilities (zł74.46 Million). 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 zł313.69 Million
% of Total Assets 80.82%
Annual Growth Rate 16.85%
5-Year Change 61.47%
10-Year Change 83.99%
Growth Volatility 76.12

Monnari Trade S.A. - Net Assets Trend (2005–2024)

This chart illustrates how Monnari Trade 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 Monnari Trade S.A. (2005–2024)

The table below shows the annual net assets of Monnari Trade S.A. from 2005 to 2024.

Year Net Assets Change
2024-12-31 zł304.99 Million +7.24%
2023-12-31 zł284.39 Million +6.70%
2022-12-31 zł266.52 Million +26.04%
2021-12-31 zł211.45 Million +11.95%
2020-12-31 zł188.88 Million -15.27%
2019-12-31 zł222.93 Million +3.17%
2018-12-31 zł216.07 Million +6.29%
2017-12-31 zł203.28 Million +7.62%
2016-12-31 zł188.88 Million +13.94%
2015-12-31 zł165.77 Million +38.76%
2014-12-31 zł119.46 Million +35.02%
2013-12-31 zł88.48 Million +23.81%
2012-12-31 zł71.46 Million +13.02%
2011-12-31 zł63.23 Million +8.36%
2010-12-31 zł58.35 Million +213.69%
2009-12-31 zł-51.32 Million -181.12%
2008-12-31 zł63.27 Million -33.80%
2007-12-31 zł95.57 Million +255.75%
2006-12-31 zł26.86 Million +69.69%
2005-12-31 zł15.83 Million --

Equity Component Analysis

This analysis shows how different components contribute to Monnari Trade 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 5269.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł163.91 Million 54.03%
Common Stock zł3.06 Million 1.01%
Other Comprehensive Income zł131.96 Million 43.50%
Other Components zł4.44 Million 1.46%
Total Equity zł303.38 Million 100.00%

Monnari Trade S.A. Competitors by Market Cap

The table below lists competitors of Monnari Trade S.A. ranked by their market capitalization.

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 284,386,000 to 303,375,000, a change of 18,989,000 (6.7%).
  • Net income of 21,939,000 contributed positively to equity growth.
  • Share repurchases of 2,950,000 reduced equity.
  • Other comprehensive income increased equity by 3,728,000.
  • Other factors decreased equity by 3,728,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł21.94 Million +7.23%
Share Repurchases zł2.95 Million -0.97%
Other Comprehensive Income zł3.73 Million +1.23%
Other Changes zł-3.73 Million -1.23%
Total Change zł- 6.68%

Book Value vs Market Value Analysis

This analysis compares Monnari Trade 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: 0.49x
  • 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 3.78x to 0.49x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 zł1.55 zł5.84 x
2006-12-31 zł2.45 zł5.84 x
2007-12-31 zł6.90 zł5.84 x
2008-12-31 zł4.73 zł5.84 x
2009-12-31 zł-3.84 zł5.84 x
2010-12-31 zł3.20 zł5.84 x
2011-12-31 zł2.04 zł5.84 x
2012-12-31 zł2.31 zł5.84 x
2013-12-31 zł2.89 zł5.84 x
2014-12-31 zł3.91 zł5.84 x
2015-12-31 zł5.42 zł5.84 x
2016-12-31 zł6.22 zł5.84 x
2017-12-31 zł6.86 zł5.84 x
2018-12-31 zł7.51 zł5.84 x
2019-12-31 zł8.00 zł5.84 x
2020-12-31 zł7.19 zł5.84 x
2021-12-31 zł8.12 zł5.84 x
2022-12-31 zł10.25 zł5.84 x
2023-12-31 zł10.98 zł5.84 x
2024-12-31 zł11.86 zł5.84 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Monnari Trade 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): 7.23%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 6.97%
  • • Asset Turnover: 0.83x
  • • Equity Multiplier: 1.25x
  • Recent ROE (7.23%) is below the historical average (16.18%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 19.28% 6.43% 1.59x 1.88x zł1.47 Million
2006 41.33% 12.11% 1.67x 2.04x zł8.42 Million
2007 17.41% 10.59% 1.06x 1.54x zł6.83 Million
2008 -45.69% -11.34% 1.28x 3.15x zł-35.23 Million
2009 0.00% -70.40% 1.39x 0.00x zł-109.44 Million
2010 144.14% 69.29% 0.92x 2.26x zł78.27 Million
2011 -7.89% -4.48% 1.10x 1.60x zł-11.31 Million
2012 11.52% 6.25% 1.20x 1.54x zł1.09 Million
2013 19.23% 11.69% 1.43x 1.15x zł8.17 Million
2014 25.41% 17.33% 1.26x 1.17x zł18.41 Million
2015 27.93% 21.67% 1.10x 1.18x zł29.73 Million
2016 18.96% 15.45% 1.00x 1.23x zł16.93 Million
2017 10.69% 8.78% 1.02x 1.19x zł1.40 Million
2018 7.97% 7.05% 0.94x 1.21x zł-4.43 Million
2019 5.47% 4.36% 0.92x 1.37x zł-10.20 Million
2020 -16.04% -14.63% 0.68x 1.62x zł-49.73 Million
2021 8.65% 7.87% 0.66x 1.67x zł-2.86 Million
2022 21.55% 19.96% 0.81x 1.33x zł30.79 Million
2023 6.46% 5.93% 0.88x 1.24x zł-10.07 Million
2024 7.23% 6.97% 0.83x 1.25x zł-8.40 Million

Industry Comparison

This section compares Monnari Trade S.A.'s net assets metrics with peer companies in the Apparel Manufacturing industry.

Industry Context

  • Industry: Apparel Manufacturing
  • Average net assets among peers: $912,284,800
  • Average return on equity (ROE) among peers: 11.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Monnari Trade S.A. (MON) zł313.69 Million 19.28% 0.24x $15.53 Million
Esotiq & Henderson S.A. (EAH) $54.02 Million 10.18% 1.66x $6.56 Million
LPP S.A. (LPP) $3.98 Billion 27.49% 2.24x $5.93 Billion
Redan S.A. (RDN) $52.04 Million 6.45% 2.91x $208.49K
Silvano Fashion Group AS (SFG) $40.37 Million 9.84% 0.29x $31.75 Million
VRG SA (VRG) $430.62 Million 4.71% 0.50x $154.13 Million