PA Nova S.A. (NVA) - Net Assets
Based on the latest financial reports, PA Nova S.A. (NVA) has net assets worth zł506.30 Million PLN (≈ $139.34 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 (zł987.74 Million ≈ $271.84 Million USD) and total liabilities (zł481.44 Million ≈ $132.50 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. Also explore PA Nova S.A. (NVA) total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł506.30 Million |
| % of Total Assets | 51.26% |
| Annual Growth Rate | 8.08% |
| 5-Year Change | 25.73% |
| 10-Year Change | 62.49% |
| Growth Volatility | 10.32 |
PA Nova S.A. - Net Assets Trend (2008–2024)
This chart illustrates how PA Nova S.A.'s net assets have evolved over time, based on quarterly financial data. Check NVA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for PA Nova S.A. (2008–2024)
The table below shows the annual net assets of PA Nova S.A. from 2008 to 2024. For live valuation and market cap data, see PA Nova S.A. stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł496.35 Million ≈ $136.60 Million |
+3.92% |
| 2023-12-31 | zł477.63 Million ≈ $131.45 Million |
+9.91% |
| 2022-12-31 | zł434.57 Million ≈ $119.60 Million |
+3.47% |
| 2021-12-31 | zł420.00 Million ≈ $115.59 Million |
+6.39% |
| 2020-12-31 | zł394.77 Million ≈ $108.65 Million |
+0.19% |
| 2019-12-31 | zł394.01 Million ≈ $108.44 Million |
+10.69% |
| 2018-12-31 | zł355.95 Million ≈ $97.96 Million |
+2.80% |
| 2017-12-31 | zł346.26 Million ≈ $95.30 Million |
+9.26% |
| 2016-12-31 | zł316.92 Million ≈ $87.22 Million |
+3.75% |
| 2015-12-31 | zł305.46 Million ≈ $84.07 Million |
+4.48% |
| 2014-12-31 | zł292.37 Million ≈ $80.46 Million |
+3.89% |
| 2013-12-31 | zł281.42 Million ≈ $77.45 Million |
+4.97% |
| 2012-12-31 | zł268.10 Million ≈ $73.78 Million |
+7.24% |
| 2011-12-31 | zł250.00 Million ≈ $68.80 Million |
+5.99% |
| 2010-12-31 | zł235.88 Million ≈ $64.92 Million |
+46.58% |
| 2009-12-31 | zł160.92 Million ≈ $44.29 Million |
+12.39% |
| 2008-12-31 | zł143.19 Million ≈ $39.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to PA Nova 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 663.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł339.79 Million | 68.39% |
| Common Stock | zł10.00 Million | 2.01% |
| Other Comprehensive Income | zł4.79 Million | 0.96% |
| Other Components | zł142.27 Million | 28.63% |
| Total Equity | zł496.84 Million | 100.00% |
PA Nova S.A. Competitors by Market Cap
The table below lists competitors of PA Nova S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
I&C Technology Co. Ltd
KQ:052860
|
$48.29 Million |
|
FarGlory Hotel Co Ltd
TW:2712
|
$48.30 Million |
|
Zaigle Co. Ltd
KQ:234920
|
$48.31 Million |
|
Liberty Shoes Limited
NSE:LIBERTSHOE
|
$48.32 Million |
|
Taewoong Logistics Co.Ltd
KQ:124560
|
$48.28 Million |
|
Direct Line Insurance Group plc
LSE:DLG
|
$48.28 Million |
|
Humpuss Intermoda Transportasi
JK:HITS
|
$48.27 Million |
|
Columbus
WAR:CLC
|
$48.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PA Nova S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 478,671,000 to 496,844,000, a change of 18,173,000 (3.8%).
- Net income of 22,436,000 contributed positively to equity growth.
- Dividend payments of 6,979,000 reduced retained earnings.
- Other comprehensive income increased equity by 2,361,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł22.44 Million | +4.52% |
| Dividends Paid | zł6.98 Million | -1.4% |
| Other Comprehensive Income | zł2.36 Million | +0.48% |
| Other Changes | zł355.00K | +0.07% |
| Total Change | zł- | 3.80% |
Book Value vs Market Value Analysis
This analysis compares PA Nova 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: 0.35x
- 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 0.99x to 0.35x 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 | zł17.81 | zł17.60 | x |
| 2009-12-31 | zł20.12 | zł17.60 | x |
| 2010-12-31 | zł29.48 | zł17.60 | x |
| 2011-12-31 | zł25.03 | zł17.60 | x |
| 2012-12-31 | zł26.74 | zł17.60 | x |
| 2013-12-31 | zł28.14 | zł17.60 | x |
| 2014-12-31 | zł29.24 | zł17.60 | x |
| 2015-12-31 | zł30.55 | zł17.60 | x |
| 2016-12-31 | zł31.79 | zł17.60 | x |
| 2017-12-31 | zł34.63 | zł17.60 | x |
| 2018-12-31 | zł35.60 | zł17.60 | x |
| 2019-12-31 | zł39.44 | zł17.60 | x |
| 2020-12-31 | zł39.55 | zł17.60 | x |
| 2021-12-31 | zł42.18 | zł17.60 | x |
| 2022-12-31 | zł43.69 | zł17.60 | x |
| 2023-12-31 | zł47.55 | zł17.60 | x |
| 2024-12-31 | zł49.84 | zł17.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PA Nova 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): 4.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.90%
- • Asset Turnover: 0.30x
- • Equity Multiplier: 1.90x
- Recent ROE (4.52%) is below the historical average (7.07%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 10.61% | 10.51% | 0.71x | 1.42x | zł864.70K |
| 2009 | 11.57% | 11.81% | 0.74x | 1.32x | zł2.53 Million |
| 2010 | 8.55% | 13.77% | 0.37x | 1.66x | zł-3.41 Million |
| 2011 | 8.47% | 12.17% | 0.43x | 1.60x | zł-3.83 Million |
| 2012 | 6.58% | 10.53% | 0.31x | 2.04x | zł-9.16 Million |
| 2013 | 5.51% | 9.24% | 0.29x | 2.05x | zł-12.64 Million |
| 2014 | 6.92% | 11.74% | 0.28x | 2.09x | zł-9.01 Million |
| 2015 | 5.86% | 12.88% | 0.18x | 2.55x | zł-12.66 Million |
| 2016 | 8.46% | 14.66% | 0.22x | 2.58x | zł-4.87 Million |
| 2017 | 7.23% | 9.80% | 0.30x | 2.43x | zł-9.60 Million |
| 2018 | 4.96% | 9.63% | 0.20x | 2.57x | zł-17.93 Million |
| 2019 | 9.17% | 12.69% | 0.32x | 2.29x | zł-3.27 Million |
| 2020 | 3.64% | 9.38% | 0.18x | 2.10x | zł-25.09 Million |
| 2021 | 5.57% | 11.71% | 0.23x | 2.07x | zł-18.64 Million |
| 2022 | 5.26% | 11.12% | 0.22x | 2.18x | zł-20.63 Million |
| 2023 | 7.28% | 9.94% | 0.38x | 1.92x | zł-13.04 Million |
| 2024 | 4.52% | 7.90% | 0.30x | 1.90x | zł-27.25 Million |
Industry Comparison
This section compares PA Nova S.A.'s net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $359,775,648
- Average return on equity (ROE) among peers: 12.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PA Nova S.A. (NVA) | zł506.30 Million | 10.61% | 0.95x | $48.29 Million |
| Atrem S.A. (ATR) | $35.17 Million | 7.19% | 1.46x | $159.53 Million |
| Budimex S.A. (BDX) | $1.57 Billion | 47.01% | 4.36x | $5.27 Billion |
| Dekpol SA (DEK) | $138.91 Million | 16.49% | 2.36x | $159.72 Million |
| Energoaparatura S.A. (ENP) | $18.30 Million | -10.24% | 0.61x | $19.60 Million |
| Erbud SA (ERB) | $674.95 Million | 1.48% | 1.92x | $75.19 Million |
| INSTAL KRAKÓW SA (INK) | $322.92 Million | 8.97% | 0.44x | $81.41 Million |
| Interbud-Lublin SA (ITB) | $-6.24 Million | 0.00% | 0.00x | $4.56 Million |
| Mirbud SA (MRB) | $582.28 Million | 21.98% | 2.50x | $359.35 Million |
| MOSTOSTAL Płock SA (MSP) | $56.96 Million | 23.68% | 0.65x | $7.27 Million |
| Mostostal Warszawa S.A. (MSW) | $204.19 Million | 4.71% | 1.43x | $20.31 Million |
About PA Nova S.A.
P.A. Nova S.A. engages in the construction business in Poland. The company operates through Rental Activities, Construction Activities, Design Activity, and IT Activities segments. It is involved in the design, implementation, and management of commercial and industrial facilities; rental of commercial spaces, retail parks, service space for production, assembly hall, warehouse hall, and service … Read more