Neuca S.A. (NEU) - Net Assets

Latest as of December 2025: zł1.27 Billion PLN ≈ $349.35 Million USD

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 strategic asset allocation of Neuca S.A. to assess the company's strategic physical and investment asset allocation.

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. For live market cap and overall valuation, see Neuca S.A. market cap and net worth.

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. Also explore net asset growth rate of Neuca S.A. to track the company's year-over-year net asset growth rate.

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
Jolywood Suzhou Sunwatt Co Ltd SHE:300393	$937.55 Million
East China Engineering Science and Technology Co Ltd SHE:002140	$937.62 Million
HDC Holdings Co Ltd KO:012630	$937.63 Million
Usinas Siderúrgicas de Minas Gerais S.A SA:USIM3	$937.65 Million
Motic Xiamen Electric Group Co Ltd SHE:300341	$937.33 Million
Thyrocare Technologies Limited NSE:THYROCARE	$937.15 Million
WAM Capital Ltd AU:WAM	$937.11 Million
KSB SE & Co. KGaA XETRA:KSB	$937.04 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: 3.17x
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 29.54x to 3.17x 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	zł756.00	x
2006-12-31	zł29.04	zł756.00	x
2007-12-31	zł40.92	zł756.00	x
2008-12-31	zł41.35	zł756.00	x
2009-12-31	zł43.13	zł756.00	x
2010-12-31	zł47.60	zł756.00	x
2011-12-31	zł56.85	zł756.00	x
2012-12-31	zł68.53	zł756.00	x
2013-12-31	zł80.23	zł756.00	x
2014-12-31	zł91.21	zł756.00	x
2015-12-31	zł100.13	zł756.00	x
2016-12-31	zł114.15	zł756.00	x
2017-12-31	zł130.51	zł756.00	x
2018-12-31	zł128.65	zł756.00	x
2019-12-31	zł140.74	zł756.00	x
2020-12-31	zł172.79	zł756.00	x
2021-12-31	zł182.86	zł756.00	x
2022-12-31	zł192.39	zł756.00	x
2023-12-31	zł219.92	zł756.00	x
2024-12-31	zł251.19	zł756.00	x
2025-12-31	zł238.49	zł756.00	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	$937.54 Million
Sopharma AD (SPH)	$843.10 Million	9.05%	1.13x	$1.52 Billion

About Neuca S.A.

WAR:NEU Poland Medical Distribution

Market Cap

$937.54 Million

zł3.41 Billion PLN

Market Cap Rank

#9166 Global

#48 in Poland

Share Price

zł756.00

Change (1 day)

-1.18%

52-Week Range

zł655.00 - zł850.00

All Time High

zł953.88