Neuca S.A. (NEU) - Net Assets
Based on the latest financial reports, Neuca S.A. (NEU) has net assets worth zł1.27 Billion PLN (≈ $349.35 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł6.24 Billion ≈ $1.72 Billion USD) and total liabilities (zł4.97 Billion ≈ $1.37 Billion 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 Neuca S.A. (NEU) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł1.27 Billion |
| % of Total Assets | 20.34% |
| Annual Growth Rate | 15.66% |
| 5-Year Change | 43.46% |
| 10-Year Change | 116.03% |
| Growth Volatility | 23.8 |
Neuca S.A. - Net Assets Trend (2005–2025)
This chart illustrates how Neuca S.A.'s net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Neuca S.A. to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Neuca S.A. (2005–2025)
The table below shows the annual net assets of Neuca S.A. from 2005 to 2025. For live valuation and market cap data, see NEU stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł1.27 Billion ≈ $349.35 Million |
-10.08% |
| 2024-12-31 | zł1.41 Billion ≈ $388.53 Million |
+33.54% |
| 2023-12-31 | zł1.06 Billion ≈ $290.96 Million |
+13.61% |
| 2022-12-31 | zł930.54 Million ≈ $256.10 Million |
+5.17% |
| 2021-12-31 | zł884.81 Million ≈ $243.51 Million |
+13.90% |
| 2020-12-31 | zł776.80 Million ≈ $213.79 Million |
+20.32% |
| 2019-12-31 | zł645.62 Million ≈ $177.68 Million |
-1.42% |
| 2018-12-31 | zł654.89 Million ≈ $180.23 Million |
+0.49% |
| 2017-12-31 | zł651.72 Million ≈ $179.36 Million |
+10.92% |
| 2016-12-31 | zł587.58 Million ≈ $161.71 Million |
+11.25% |
| 2015-12-31 | zł528.19 Million ≈ $145.37 Million |
+13.00% |
| 2014-12-31 | zł467.42 Million ≈ $128.64 Million |
+13.82% |
| 2013-12-31 | zł410.66 Million ≈ $113.02 Million |
+20.00% |
| 2012-12-31 | zł342.21 Million ≈ $94.18 Million |
+19.29% |
| 2011-12-31 | zł286.86 Million ≈ $78.95 Million |
+17.87% |
| 2010-12-31 | zł243.37 Million ≈ $66.98 Million |
+8.81% |
| 2009-12-31 | zł223.67 Million ≈ $61.56 Million |
+27.62% |
| 2008-12-31 | zł175.26 Million ≈ $48.23 Million |
+5.18% |
| 2007-12-31 | zł166.62 Million ≈ $45.86 Million |
+112.37% |
| 2006-12-31 | zł78.46 Million ≈ $21.59 Million |
+13.45% |
| 2005-12-31 | zł69.16 Million ≈ $19.03 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Neuca 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 15730.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł700.18 Million | 66.21% |
| Other Components | zł357.35 Million | 33.79% |
| Total Equity | zł1.06 Billion | 100.00% |
Neuca S.A. Competitors by Market Cap
The table below lists competitors of Neuca S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Der International Home Furnishing Co Ltd
SHE:002631
|
$905.34 Million |
|
Eckert & Ziegler Strahlen- und Medizintechnik AG
F:EUZ
|
$905.45 Million |
|
V2 Retail Limited
NSE:V2RETAIL
|
$905.80 Million |
|
Auto Partner SA
WAR:APR
|
$905.90 Million |
|
Guangzhou Dongfang Hotel Co Ltd
SHE:000524
|
$905.21 Million |
|
Sri Trang Agro-Industry Public Company Limited
BK:STA
|
$904.85 Million |
|
Xiangxue Pharmaceutical
SHE:300147
|
$904.76 Million |
|
Covenant Logistics Group, Inc.
NYSE:CVLG
|
$904.61 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Neuca S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,139,146,000 to 1,057,530,000, a change of -81,616,000 (-7.2%).
- Net income of 155,579,000 contributed positively to equity growth.
- Dividend payments of 72,018,000 reduced retained earnings.
- Share repurchases of 88,242,000 reduced equity.
- New share issuances of 39,809,000 increased equity.
- Other comprehensive income decreased equity by 55,260,000.
- Other factors decreased equity by 61,484,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł155.58 Million | +14.71% |
| Dividends Paid | zł72.02 Million | -6.81% |
| Share Repurchases | zł88.24 Million | -8.34% |
| Share Issuances | zł39.81 Million | +3.76% |
| Other Comprehensive Income | zł-55.26 Million | -5.23% |
| Other Changes | zł-61.48 Million | -5.81% |
| Total Change | zł- | -7.16% |
Book Value vs Market Value Analysis
This analysis compares Neuca 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: 3.06x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 28.52x to 3.06x 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 | zł25.59 | zł730.00 | x |
| 2006-12-31 | zł29.04 | zł730.00 | x |
| 2007-12-31 | zł40.92 | zł730.00 | x |
| 2008-12-31 | zł41.35 | zł730.00 | x |
| 2009-12-31 | zł43.13 | zł730.00 | x |
| 2010-12-31 | zł47.60 | zł730.00 | x |
| 2011-12-31 | zł56.85 | zł730.00 | x |
| 2012-12-31 | zł68.53 | zł730.00 | x |
| 2013-12-31 | zł80.23 | zł730.00 | x |
| 2014-12-31 | zł91.21 | zł730.00 | x |
| 2015-12-31 | zł100.13 | zł730.00 | x |
| 2016-12-31 | zł114.15 | zł730.00 | x |
| 2017-12-31 | zł130.51 | zł730.00 | x |
| 2018-12-31 | zł128.65 | zł730.00 | x |
| 2019-12-31 | zł140.74 | zł730.00 | x |
| 2020-12-31 | zł172.79 | zł730.00 | x |
| 2021-12-31 | zł182.86 | zł730.00 | x |
| 2022-12-31 | zł192.39 | zł730.00 | x |
| 2023-12-31 | zł219.92 | zł730.00 | x |
| 2024-12-31 | zł251.19 | zł730.00 | x |
| 2025-12-31 | zł238.49 | zł730.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Neuca 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): 14.71%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.14%
- • Asset Turnover: 2.19x
- • Equity Multiplier: 5.90x
- Recent ROE (14.71%) is below the historical average (16.39%), 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 | 15.63% | 0.76% | 3.81x | 5.37x | zł3.89 Million |
| 2006 | 14.37% | 0.66% | 3.13x | 6.93x | zł3.43 Million |
| 2007 | 10.18% | 0.50% | 2.88x | 7.11x | zł291.60K |
| 2008 | 8.36% | 0.36% | 2.94x | 8.00x | zł-2.77 Million |
| 2009 | 17.79% | 0.64% | 2.80x | 9.93x | zł15.91 Million |
| 2010 | 16.10% | 0.61% | 2.95x | 8.91x | zł14.24 Million |
| 2011 | 19.05% | 0.83% | 3.24x | 7.05x | zł25.27 Million |
| 2012 | 19.64% | 1.16% | 3.04x | 5.57x | zł32.40 Million |
| 2013 | 21.03% | 1.47% | 3.02x | 4.73x | zł44.77 Million |
| 2014 | 20.32% | 1.42% | 2.56x | 5.61x | zł47.27 Million |
| 2015 | 19.59% | 1.46% | 2.59x | 5.19x | zł49.58 Million |
| 2016 | 19.30% | 1.58% | 2.63x | 4.65x | zł53.85 Million |
| 2017 | 14.64% | 1.26% | 2.57x | 4.51x | zł29.94 Million |
| 2018 | 15.04% | 1.27% | 2.49x | 4.77x | zł32.91 Million |
| 2019 | 18.26% | 1.42% | 2.43x | 5.30x | zł53.23 Million |
| 2020 | 18.51% | 1.53% | 2.57x | 4.71x | zł65.17 Million |
| 2021 | 17.78% | 1.53% | 2.40x | 4.86x | zł65.93 Million |
| 2022 | 15.59% | 1.22% | 2.32x | 5.50x | zł49.21 Million |
| 2023 | 14.77% | 1.24% | 2.28x | 5.23x | zł47.23 Million |
| 2024 | 13.54% | 1.22% | 2.29x | 4.84x | zł40.33 Million |
| 2025 | 14.71% | 1.14% | 2.19x | 5.90x | zł49.83 Million |
Industry Comparison
This section compares Neuca S.A.'s net assets metrics with peer companies in the Medical Distribution industry.
Industry Context
- Industry: Medical Distribution
- Average net assets among peers: $843,103,000
- Average return on equity (ROE) among peers: 9.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Neuca S.A. (NEU) | zł1.27 Billion | 15.63% | 3.92x | $905.29 Million |
| Sopharma AD (SPH) | $843.10 Million | 9.05% | 1.13x | $1.14 Billion |
About Neuca S.A.
NEUCA S.A. engages in the wholesale distribution of pharmaceuticals in Poland. It operates through Wholesale Distribution of Medicines, Manufacture of Pharmaceuticals, Medical Operator, Clinical Trials, and Insurance Activities segments. The company offers Rx, OTC drugs, dietary supplements, medical devices, dermocosmetics, hygiene products, personal protective equipment, as well as diagnostic an… Read more