Mostostal Warszawa S.A. (MSW) - Net Assets

Latest as of September 2025: zł83.98 Million PLN ≈ $23.11 Million USD

Based on the latest financial reports, Mostostal Warszawa S.A. (MSW) has net assets worth zł83.98 Million PLN (≈ $23.11 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 (zł1.04 Billion ≈ $285.80 Million USD) and total liabilities (zł954.48 Million ≈ $262.69 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 MSW financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł83.98 Million
% of Total Assets	8.09%
Annual Growth Rate	-4.17%
5-Year Change	42.31%
10-Year Change	-64.2%
Growth Volatility	43.64

Mostostal Warszawa S.A. - Net Assets Trend (2002–2024)

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

Annual Net Assets for Mostostal Warszawa S.A. (2002–2024)

The table below shows the annual net assets of Mostostal Warszawa S.A. from 2002 to 2024. For live valuation and market cap data, see MSW company net worth.

Year	Net Assets	Change
2024-12-31	zł80.07 Million ≈ $22.04 Million	-27.70%
2023-12-31	zł110.75 Million ≈ $30.48 Million	+15.40%
2022-12-31	zł95.97 Million ≈ $26.41 Million	+18.91%
2021-12-31	zł80.71 Million ≈ $22.21 Million	+43.45%
2020-12-31	zł56.26 Million ≈ $15.48 Million	+12.73%
2019-12-31	zł49.91 Million ≈ $13.74 Million	-44.33%
2018-12-31	zł89.66 Million ≈ $24.67 Million	-35.30%
2017-12-31	zł138.57 Million ≈ $38.14 Million	-41.77%
2016-12-31	zł237.96 Million ≈ $65.49 Million	+6.38%
2015-12-31	zł223.68 Million ≈ $61.56 Million	+15.67%
2014-12-31	zł193.37 Million ≈ $53.22 Million	+117.48%
2013-12-31	zł88.92 Million ≈ $24.47 Million	-72.89%
2012-12-31	zł327.94 Million ≈ $90.25 Million	-26.57%
2011-12-31	zł446.58 Million ≈ $122.91 Million	+20.88%
2010-12-31	zł369.44 Million ≈ $101.67 Million	-33.57%
2009-12-31	zł556.14 Million ≈ $153.06 Million	+38.00%
2008-12-31	zł403.00 Million ≈ $110.91 Million	+17.02%
2007-12-31	zł344.37 Million ≈ $94.78 Million	+23.54%
2006-12-31	zł278.75 Million ≈ $76.71 Million	+96.10%
2005-12-31	zł142.14 Million ≈ $39.12 Million	+9.04%
2004-12-31	zł130.36 Million ≈ $35.88 Million	-23.97%
2003-12-31	zł171.46 Million ≈ $47.19 Million	-16.03%
2002-12-31	zł204.19 Million ≈ $56.20 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Mostostal Warszawa 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 decreased by 32584700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	zł44.80 Million	63.08%
Other Comprehensive Income	zł243.67 Million	343.07%
Other Components	zł108.41 Million	152.63%
Total Equity	zł71.03 Million	100.00%

Mostostal Warszawa S.A. Competitors by Market Cap

The table below lists competitors of Mostostal Warszawa S.A. ranked by their market capitalization.

Company	Market Cap
AGMO KLSE:0258	$27.74 Million
Integrated Logistics Bhd KLSE:5614	$27.74 Million
Audacia SAS PA:ALAUD	$27.75 Million
DLSI PA:ALDLS	$27.75 Million
Tigers Realm Coal Ltd AU:TIG	$27.74 Million
Daemyung Sonoseason Co.Ltd KQ:007720	$27.73 Million
PODIUM MINERALS F:55D	$27.71 Million
West High Yield Resources Ltd V:WHY	$27.71 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 98,225,000 to 71,026,000, a change of -27,199,000 (-27.7%).
Net loss of 26,904,000 reduced equity.
Other comprehensive income increased equity by 3,579,000.
Other factors decreased equity by 3,874,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł-26.90 Million	-37.88%
Other Comprehensive Income	zł3.58 Million	+5.04%
Other Changes	zł-3.87 Million	-5.45%
Total Change	zł-	-27.69%

Book Value vs Market Value Analysis

This analysis compares Mostostal Warszawa 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: 1.42x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.32x to 1.42x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	zł15.82	zł5.04	x
2003-12-31	zł1.26	zł5.04	x
2004-12-31	zł9.41	zł5.04	x
2005-12-31	zł4.03	zł5.04	x
2006-12-31	zł5.55	zł5.04	x
2007-12-31	zł12.97	zł5.04	x
2008-12-31	zł16.90	zł5.04	x
2009-12-31	zł24.12	zł5.04	x
2010-12-31	zł18.47	zł5.04	x
2011-12-31	zł19.08	zł5.04	x
2012-12-31	zł13.34	zł5.04	x
2013-12-31	zł4.45	zł5.04	x
2014-12-31	zł8.41	zł5.04	x
2015-12-31	zł10.00	zł5.04	x
2016-12-31	zł10.84	zł5.04	x
2017-12-31	zł6.24	zł5.04	x
2018-12-31	zł4.04	zł5.04	x
2019-12-31	zł2.01	zł5.04	x
2020-12-31	zł2.15	zł5.04	x
2021-12-31	zł2.92	zł5.04	x
2022-12-31	zł3.82	zł5.04	x
2023-12-31	zł4.91	zł5.04	x
2024-12-31	zł3.55	zł5.04	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Mostostal Warszawa 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): -37.88%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.70%
• Asset Turnover: 1.39x
• Equity Multiplier: 15.96x
Recent ROE (-37.88%) is below the historical average (-15.35%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	6.08%	3.49%	0.56x	3.13x	zł-6.20 Million
2003	-29.64%	-15.63%	0.53x	3.56x	zł-50.03 Million
2004	-47.90%	-5.61%	1.54x	5.54x	zł-46.37 Million
2005	-33.06%	-3.50%	1.74x	5.43x	zł-38.10 Million
2006	7.57%	1.43%	1.58x	3.34x	zł-5.44 Million
2007	20.58%	3.04%	1.91x	3.54x	zł30.13 Million
2008	24.02%	3.67%	1.73x	3.78x	zł47.34 Million
2009	24.31%	4.33%	1.80x	3.12x	zł69.06 Million
2010	12.01%	2.46%	1.59x	3.07x	zł7.42 Million
2011	-32.64%	-3.67%	1.75x	5.08x	zł-162.68 Million
2012	-42.84%	-3.58%	1.63x	7.32x	zł-140.95 Million
2013	-276.03%	-25.20%	0.85x	12.82x	zł-254.33 Million
2014	-6.86%	-0.77%	1.10x	8.13x	zł-28.38 Million
2015	15.91%	2.50%	0.99x	6.43x	zł11.83 Million
2016	7.62%	1.18%	1.22x	5.29x	zł-5.16 Million
2017	2.02%	0.23%	1.11x	7.94x	zł-9.97 Million
2018	-52.92%	-4.22%	0.97x	12.96x	zł-50.86 Million
2019	-0.01%	0.00%	1.23x	25.81x	zł-4.02 Million
2020	13.52%	0.43%	1.42x	22.35x	zł1.52 Million
2021	25.70%	1.15%	1.42x	15.81x	zł9.16 Million
2022	23.56%	1.12%	1.55x	13.58x	zł10.37 Million
2023	23.87%	1.40%	1.36x	12.51x	zł13.63 Million
2024	-37.88%	-1.70%	1.39x	15.96x	zł-34.01 Million

Industry Comparison

This section compares Mostostal Warszawa S.A.'s net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $309,962,932
Average return on equity (ROE) among peers: -3.38%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Mostostal Warszawa S.A. (MSW)	zł83.98 Million	6.08%	11.37x	$27.74 Million
Atrem S.A. (ATR)	$29.67 Million	-26.78%	1.63x	$157.50 Million
Budimex S.A. (BDX)	$1.57 Billion	47.01%	4.36x	$4.62 Billion
Dekpol SA (DEK)	$138.91 Million	16.49%	2.36x	$181.82 Million
Energoaparatura S.A. (ENP)	$11.89 Million	17.93%	0.76x	$20.04 Million
Erbud SA (ERB)	$274.82 Million	12.24%	3.27x	$87.01 Million
INSTAL KRAKÓW SA (INK)	$227.27 Million	5.34%	0.76x	$75.39 Million
Interbud-Lublin SA (ITB)	$19.81 Million	-119.91%	5.87x	$5.71 Million
Mirbud SA (MRB)	$461.61 Million	12.61%	2.33x	$334.81 Million
MOSTOSTAL Płock SA (MSP)	$55.39 Million	4.65%	0.60x	$7.27 Million

About Mostostal Warszawa S.A.

WAR:MSW Poland Engineering & Construction

Market Cap

$27.74 Million

zł100.80 Million PLN

Market Cap Rank

#23962 Global

#229 in Poland

Share Price

zł5.04

Change (1 day)

-4.91%

52-Week Range

zł5.04 - zł8.88

All Time High

zł16.00