Newag S.A. (NWG) - Net Assets

Latest as of September 2025: zł1.07 Billion PLN ≈ $295.64 Million USD

Based on the latest financial reports, Newag S.A. (NWG) has net assets worth zł1.07 Billion PLN (≈ $295.64 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 (zł2.07 Billion ≈ $569.82 Million USD) and total liabilities (zł996.23 Million ≈ $274.18 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. Check tangible net worth ratio of Newag S.A. to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł1.07 Billion
% of Total Assets	51.88%
Annual Growth Rate	9.12%
5-Year Change	21.5%
10-Year Change	111.22%
Growth Volatility	10.25

Newag S.A. - Net Assets Trend (2012–2024)

This chart illustrates how Newag S.A.'s net assets have evolved over time, based on quarterly financial data. See Newag S.A. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for Newag S.A. (2012–2024)

The table below shows the annual net assets of Newag S.A. from 2012 to 2024. For live valuation and market cap data, see Newag S.A. market capitalisation.

Year	Net Assets	Change
2024-12-31	zł881.10 Million ≈ $242.49 Million	+9.82%
2023-12-31	zł802.32 Million ≈ $220.81 Million	+13.13%
2022-12-31	zł709.19 Million ≈ $195.18 Million	-4.72%
2021-12-31	zł744.30 Million ≈ $204.84 Million	+2.63%
2020-12-31	zł725.20 Million ≈ $199.59 Million	+31.34%
2019-12-31	zł552.14 Million ≈ $151.96 Million	+11.45%
2018-12-31	zł495.43 Million ≈ $136.35 Million	+22.75%
2017-12-31	zł403.60 Million ≈ $111.08 Million	-0.49%
2016-12-31	zł405.58 Million ≈ $111.62 Million	-2.77%
2015-12-31	zł417.14 Million ≈ $114.80 Million	+5.28%
2014-12-31	zł396.22 Million ≈ $109.05 Million	+18.06%
2013-12-31	zł335.62 Million ≈ $92.37 Million	+8.52%
2012-12-31	zł309.27 Million ≈ $85.12 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Newag 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 1276.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	zł665.87 Million	75.63%
Common Stock	zł11.25 Million	1.28%
Other Comprehensive Income	zł203.28 Million	23.09%
Total Equity	zł880.39 Million	100.00%

Newag S.A. Competitors by Market Cap

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

Company	Market Cap
Sixt SE XETRA:SIX3	$1.21 Billion
Fujian Qingshan Paper Industry Co Ltd SHG:600103	$1.21 Billion
Sinosteel Engineering and Technology Co Ltd SHE:000928	$1.21 Billion
Henan Thinker Automation SHG:603508	$1.21 Billion
NANOBIOTIX S.A. SP.ADR F:5NRA	$1.21 Billion
SIGNATUREGLOBAL (INDIA) LIMITED NSE:SIGNATURE	$1.21 Billion
Guangxi Radio and Television Information Network Corp Ltd SHG:600936	$1.21 Billion
China Resources Boya Bio pharmaceutical Group Co Ltd SHE:300294	$1.21 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 802,195,000 to 880,394,000, a change of 78,199,000 (9.7%).
Net income of 122,226,000 contributed positively to equity growth.
Dividend payments of 43,200,000 reduced retained earnings.
Other comprehensive income increased equity by 115,424,000.
Other factors decreased equity by 116,251,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	zł122.23 Million	+13.88%
Dividends Paid	zł43.20 Million	-4.91%
Other Comprehensive Income	zł115.42 Million	+13.11%
Other Changes	zł-116.25 Million	-13.2%
Total Change	zł-	9.75%

Book Value vs Market Value Analysis

This analysis compares Newag 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: 5.00x
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 10.01x to 5.00x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	zł9.78	zł97.90	x
2013-12-31	zł7.40	zł97.90	x
2014-12-31	zł8.80	zł97.90	x
2015-12-31	zł9.26	zł97.90	x
2016-12-31	zł9.01	zł97.90	x
2017-12-31	zł8.97	zł97.90	x
2018-12-31	zł11.01	zł97.90	x
2019-12-31	zł12.26	zł97.90	x
2020-12-31	zł16.10	zł97.90	x
2021-12-31	zł16.53	zł97.90	x
2022-12-31	zł15.75	zł97.90	x
2023-12-31	zł17.83	zł97.90	x
2024-12-31	zł19.56	zł97.90	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Newag 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): 13.88%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 7.69%
• Asset Turnover: 0.90x
• Equity Multiplier: 1.99x
Recent ROE (13.88%) is above the historical average (13.73%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	18.17%	8.47%	0.65x	3.28x	zł24.96 Million
2013	10.97%	5.37%	0.58x	3.50x	zł3.23 Million
2014	19.79%	8.70%	0.99x	2.30x	zł38.77 Million
2015	15.57%	6.27%	1.13x	2.21x	zł23.20 Million
2016	2.76%	2.00%	0.64x	2.14x	zł-29.34 Million
2017	7.37%	3.77%	0.79x	2.48x	zł-10.61 Million
2018	18.85%	9.14%	0.84x	2.44x	zł43.83 Million
2019	16.22%	9.99%	0.66x	2.46x	zł34.31 Million
2020	30.18%	16.56%	0.94x	1.93x	zł146.20 Million
2021	9.63%	7.81%	0.64x	1.94x	zł-2.74 Million
2022	3.21%	2.36%	0.68x	2.00x	zł-48.14 Million
2023	11.87%	7.73%	0.71x	2.16x	zł14.96 Million
2024	13.88%	7.69%	0.90x	1.99x	zł34.19 Million

Industry Comparison

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

Industry Context

Industry: Railroads
Average net assets among peers: $3,214,672,000
Average return on equity (ROE) among peers: 8.33%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Newag S.A. (NWG)	zł1.07 Billion	18.17%	0.93x	$1.21 Billion
PKP Cargo S.A. (PKP)	$3.21 Billion	8.33%	0.75x	$133.74 Million

About Newag S.A.

WAR:NWG Poland Railroads

Market Cap

$1.21 Billion

zł4.41 Billion PLN

Market Cap Rank

#8264 Global

#41 in Poland

Share Price

zł97.90

Change (1 day)

+2.84%

52-Week Range

zł68.90 - zł128.00

All Time High

zł128.00