Muza S.A

WAR:MZA Poland Publishing
Market Cap
$6.21 Million
zł25.81 Million PLN
Market Cap Rank
#35161 Global
#339 in Poland
Share Price
zł7.96
Change (1 day)
+0.00%
52-Week Range
zł7.52 - zł14.55
All Time High
zł18.16
About

Muza S.A. publishes books in Poland. The company publishes various categories of books that include fiction, social literature, crime and sensation, thriller, fantasy and sci-fi, horror, nonfiction, guides, children and teenagers books, young adult, albums and arts, comics, audio books, e-books, pocket edition, books with autographs, set, and gadgets. It also operates online bookstores and variou… Read more

Muza S.A (MZA) - Net Assets

Latest net assets as of September 2025: zł44.81 Million PLN

Based on the latest financial reports, Muza S.A (MZA) has net assets worth zł44.81 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 (zł62.93 Million) and total liabilities (zł18.13 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 zł44.81 Million
% of Total Assets 71.2%
Annual Growth Rate 3.5%
5-Year Change 91.74%
10-Year Change 96.07%
Growth Volatility 12.62

Muza S.A - Net Assets Trend (2008–2024)

This chart illustrates how Muza 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 Muza S.A (2008–2024)

The table below shows the annual net assets of Muza S.A from 2008 to 2024.

Year Net Assets Change
2024-12-31 zł44.64 Million +10.43%
2023-12-31 zł40.42 Million +34.01%
2022-12-31 zł30.16 Million +16.84%
2021-12-31 zł25.82 Million +10.89%
2020-12-31 zł23.28 Million +1.42%
2019-12-31 zł22.95 Million -0.15%
2018-12-31 zł22.99 Million -2.99%
2017-12-31 zł23.70 Million +0.23%
2016-12-31 zł23.64 Million +3.85%
2015-12-31 zł22.77 Million +1.10%
2014-12-31 zł22.52 Million -19.96%
2013-12-31 zł28.14 Million +16.60%
2012-12-31 zł24.13 Million -3.17%
2011-12-31 zł24.92 Million -14.55%
2010-12-31 zł29.16 Million -2.09%
2009-12-31 zł29.78 Million +15.67%
2008-12-31 zł25.75 Million --

Equity Component Analysis

This analysis shows how different components contribute to Muza 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 2203900000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł21.56 Million 48.88%
Common Stock zł6.66 Million 15.10%
Other Comprehensive Income zł9.73 Million 22.07%
Other Components zł6.15 Million 13.94%
Total Equity zł44.10 Million 100.00%

Muza S.A Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 39,968,000 to 44,101,000, a change of 4,133,000 (10.3%).
  • Net income of 4,338,000 contributed positively to equity growth.
  • Share repurchases of 212,000 reduced equity.
  • Other comprehensive income increased equity by 544,999.
  • Other factors decreased equity by 537,999.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł4.34 Million +9.84%
Share Repurchases zł212.00K -0.48%
Other Comprehensive Income zł545.00K +1.24%
Other Changes zł-538.00K -1.22%
Total Change zł- 10.34%

Book Value vs Market Value Analysis

This analysis compares Muza 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: 0.59x
  • 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 1.01x to 0.59x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2008-12-31 zł7.86 zł7.96 x
2009-12-31 zł9.22 zł7.96 x
2010-12-31 zł8.99 zł7.96 x
2011-12-31 zł8.73 zł7.96 x
2012-12-31 zł8.47 zł7.96 x
2013-12-31 zł9.88 zł7.96 x
2014-12-31 zł7.92 zł7.96 x
2015-12-31 zł8.04 zł7.96 x
2016-12-31 zł8.52 zł7.96 x
2017-12-31 zł8.53 zł7.96 x
2018-12-31 zł7.55 zł7.96 x
2019-12-31 zł7.51 zł7.96 x
2020-12-31 zł7.64 zł7.96 x
2021-12-31 zł8.35 zł7.96 x
2022-12-31 zł8.59 zł7.96 x
2023-12-31 zł12.23 zł7.96 x
2024-12-31 zł13.49 zł7.96 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Muza 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): 9.84%
  • The company has moderate efficiency in generating returns from equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 9.42%
  • • Asset Turnover: 0.72x
  • • Equity Multiplier: 1.44x
  • Recent ROE (9.84%) is above the historical average (5.82%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 16.43% 7.87% 0.88x 2.37x zł1.44 Million
2009 1.39% 0.86% 0.75x 2.15x zł-2.26 Million
2010 3.94% 2.47% 0.75x 2.12x zł-1.55 Million
2011 -1.54% -1.35% 0.74x 1.53x zł-2.87 Million
2012 -0.54% -0.54% 0.64x 1.58x zł-2.55 Million
2013 0.73% 0.73% 0.61x 1.65x zł-2.61 Million
2014 5.26% 4.44% 0.66x 1.79x zł-1.07 Million
2015 3.28% 2.49% 0.71x 1.84x zł-1.54 Million
2016 4.73% 3.53% 0.74x 1.82x zł-1.26 Million
2017 0.48% 0.38% 0.75x 1.68x zł-2.28 Million
2018 -2.99% -2.32% 0.75x 1.72x zł-3.01 Million
2019 3.01% 2.61% 0.68x 1.71x zł-1.61 Million
2020 1.72% 1.42% 0.67x 1.80x zł-1.94 Million
2021 9.67% 6.95% 0.85x 1.64x zł-84.50K
2022 11.00% 8.11% 0.81x 1.68x zł299.40K
2023 32.61% 19.05% 1.03x 1.66x zł9.04 Million
2024 9.84% 9.42% 0.72x 1.44x zł-72.10K

Industry Comparison

This section compares Muza S.A's net assets metrics with peer companies in the Publishing industry.

Industry Context

  • Industry: Publishing
  • Average net assets among peers: $386,931,913
  • Average return on equity (ROE) among peers: 2.58%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Muza S.A (MZA) zł44.81 Million 16.43% 0.40x $1.43 Million
Agora S.A. (AGO) $1.12 Billion -1.49% 0.40x $82.95 Million
PMPG Polskie Media S.A. (PGM) $32.60 Million 8.11% 0.51x $927.10K
Wspierania Przedsiebiorczosci (PTW) $10.88 Million 1.11% 1.19x $13.94 Million