Marvipol S.A.
Marvipol Development S.A. engages in investing in and developing real estate projects in Poland. The company's property portfolio includes apartments and commercial premises. The company was founded in 1996 and is headquartered in Warsaw, Poland. Marvipol Development S.A. is a subsidiary of Ksiazek Holding Sp. z.o.o.
Marvipol S.A. (MVP) - Net Assets
Latest net assets as of September 2025: zł730.81 Million PLN
Based on the latest financial reports, Marvipol S.A. (MVP) has net assets worth zł730.81 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 (zł1.39 Billion) and total liabilities (zł655.61 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 | zł730.81 Million |
| % of Total Assets | 52.71% |
| Annual Growth Rate | 9.07% |
| 5-Year Change | 25.4% |
| 10-Year Change | 114.06% |
| Growth Volatility | 5.12 |
Marvipol S.A. - Net Assets Trend (2014–2024)
This chart illustrates how Marvipol 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 Marvipol S.A. (2014–2024)
The table below shows the annual net assets of Marvipol S.A. from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł697.96 Million | -1.75% |
| 2023-12-31 | zł710.39 Million | +8.44% |
| 2022-12-31 | zł655.11 Million | +6.92% |
| 2021-12-31 | zł612.69 Million | +10.08% |
| 2020-12-31 | zł556.59 Million | +15.18% |
| 2019-12-31 | zł483.23 Million | +16.91% |
| 2018-12-31 | zł413.34 Million | +12.92% |
| 2017-12-31 | zł366.03 Million | +5.42% |
| 2016-12-31 | zł347.20 Million | +6.48% |
| 2015-12-31 | zł326.06 Million | +11.32% |
| 2014-12-31 | zł292.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Marvipol 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 33.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł31.72 Million | 4.54% |
| Common Stock | zł41.65 Million | 5.97% |
| Other Comprehensive Income | zł306.66 Million | 43.94% |
| Other Components | zł317.92 Million | 45.55% |
| Total Equity | zł697.96 Million | 100.00% |
Marvipol S.A. Competitors by Market Cap
The table below lists competitors of Marvipol S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SJ Group Co. Ltd
KQ:306040
|
$24.08 Million |
|
MAGURO GROUP PUBLIC COMPANY LIMITED
BK:MAGURO
|
$24.09 Million |
|
M&F Bancorp Inc
PINK:MFBP
|
$24.09 Million |
|
LSL Pharma Group Inc.
V:LSL
|
$24.09 Million |
|
Dolphin Offshore Enterprises (India) Limited
NSE:DOLPHIN
|
$24.07 Million |
|
Emperor International Holdings Limited
F:EM3A
|
$24.07 Million |
|
GeneReach Biotechnology
TWO:4171
|
$24.05 Million |
|
Ozerden Plastik Sanayi
IS:OZRDN
|
$24.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Marvipol S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 710,388,000 to 697,955,000, a change of -12,433,000 (-1.8%).
- Net income of 31,719,000 contributed positively to equity growth.
- Dividend payments of 44,152,000 reduced retained earnings.
- Other comprehensive income increased equity by 11,125,000.
- Other factors decreased equity by 11,125,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł31.72 Million | +4.54% |
| Dividends Paid | zł44.15 Million | -6.33% |
| Other Comprehensive Income | zł11.12 Million | +1.59% |
| Other Changes | zł-11.12 Million | -1.59% |
| Total Change | zł- | -1.75% |
Book Value vs Market Value Analysis
This analysis compares Marvipol 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: 0.50x
- 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 1.18x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | zł7.03 | zł8.30 | x |
| 2015-12-31 | zł648.25 | zł8.30 | x |
| 2016-12-31 | zł8.36 | zł8.30 | x |
| 2017-12-31 | zł8.81 | zł8.30 | x |
| 2018-12-31 | zł9.92 | zł8.30 | x |
| 2019-12-31 | zł11.60 | zł8.30 | x |
| 2020-12-31 | zł13.36 | zł8.30 | x |
| 2021-12-31 | zł14.71 | zł8.30 | x |
| 2022-12-31 | zł15.73 | zł8.30 | x |
| 2023-12-31 | zł17.05 | zł8.30 | x |
| 2024-12-31 | zł16.76 | zł8.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Marvipol 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): 4.54%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.87%
- • Asset Turnover: 0.29x
- • Equity Multiplier: 2.27x
- Recent ROE (4.54%) is below the historical average (11.99%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 16.37% | 6.41% | 0.90x | 2.84x | zł18.65 Million |
| 2015 | 9.92% | 4.65% | 0.81x | 2.65x | zł-262.80K |
| 2016 | 13.14% | 20.80% | 0.32x | 2.00x | zł10.92 Million |
| 2017 | 10.44% | 20.57% | 0.21x | 2.44x | zł1.61 Million |
| 2018 | 11.45% | 17.78% | 0.27x | 2.35x | zł5.98 Million |
| 2019 | 14.46% | 24.03% | 0.23x | 2.64x | zł21.56 Million |
| 2020 | 14.45% | 18.65% | 0.33x | 2.36x | zł24.79 Million |
| 2021 | 15.62% | 24.30% | 0.25x | 2.53x | zł34.40 Million |
| 2022 | 13.72% | 15.27% | 0.43x | 2.10x | zł24.39 Million |
| 2023 | 7.78% | 14.64% | 0.26x | 2.06x | zł-15.76 Million |
| 2024 | 4.54% | 6.87% | 0.29x | 2.27x | zł-38.08 Million |
Industry Comparison
This section compares Marvipol S.A.'s net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $582,665,800
- Average return on equity (ROE) among peers: 15.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Marvipol S.A. (MVP) | zł730.81 Million | 16.37% | 0.90x | $24.07 Million |
| Atal SA (1AT) | $857.27 Million | 23.41% | 1.18x | $138.50 Million |
| Archicom S.A. (ARH) | $631.25 Million | 19.95% | 1.14x | $172.29 Million |
| BBI Development SA (BBD) | $263.87 Million | 0.84% | 1.14x | $7.92 Million |
| Cavatina Holding S.A. (CAV) | $378.49 Million | 40.00% | 1.76x | $26.33 Million |
| Czerwona Torebka (CZT) | $512.97 Million | 10.79% | 0.27x | $494.63K |
| Dom Development S.A. (DOM) | $856.54 Million | 6.35% | 1.02x | $593.81 Million |
| Develia S.A (DVL) | $1.40 Billion | 10.99% | 1.32x | $1.04 Billion |
| Inpro SA (INP) | $228.82 Million | 10.88% | 0.61x | $26.50 Million |
| KCI SA (KCI) | $454.08 Million | 18.95% | 0.20x | $5.30 Million |
| Lokum Deweloper SA (LKD) | $242.97 Million | 17.62% | 0.59x | $12.64 Million |