Orzel Bialy S.A.

WAR:OBL Poland Waste Management
Market Cap
$143.36 Million
zł596.09 Million PLN
Market Cap Rank
#22639 Global
#135 in Poland
Share Price
zł35.80
Change (1 day)
-1.10%
52-Week Range
zł32.20 - zł40.00
All Time High
zł40.00
About

Orzel Bialy S.A. produces and sells refined lead and related alloys through the recycling of waste batteries and other lead-bearing waste in Poland. It also provides polypropylene and regranulated polypropylene from the waste batteries recycling process. The company offers its products to battery making companies, primarily in the automotive industry. It also exports its products. The company was… Read more

Orzel Bialy S.A. (OBL) - Net Assets

Latest net assets as of September 2025: zł710.70 Million PLN

Based on the latest financial reports, Orzel Bialy S.A. (OBL) has net assets worth zł710.70 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 (zł808.42 Million) and total liabilities (zł97.72 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 zł710.70 Million
% of Total Assets 87.91%
Annual Growth Rate 8.26%
5-Year Change 111.16%
10-Year Change 175.8%
Growth Volatility 11.42

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

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

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

Year Net Assets Change
2024-12-31 zł681.19 Million +13.16%
2023-12-31 zł601.97 Million +24.16%
2022-12-31 zł484.83 Million +25.53%
2021-12-31 zł386.23 Million +19.72%
2020-12-31 zł322.60 Million +14.07%
2019-12-31 zł282.81 Million +10.50%
2018-12-31 zł255.93 Million -2.25%
2017-12-31 zł261.83 Million +9.67%
2016-12-31 zł238.74 Million -3.34%
2015-12-31 zł246.99 Million +2.92%
2014-12-31 zł239.99 Million +1.98%
2013-12-31 zł235.33 Million -7.60%
2012-12-31 zł254.69 Million -3.04%
2011-12-31 zł262.67 Million +24.32%
2010-12-31 zł211.29 Million +19.81%
2009-12-31 zł176.35 Million -7.89%
2008-12-31 zł191.46 Million --

Equity Component Analysis

This analysis shows how different components contribute to Orzel Bialy 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 108.9% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł98.02 Million 14.39%
Common Stock zł7.16 Million 1.05%
Other Comprehensive Income zł527.00 Million 77.37%
Other Components zł49.01 Million 7.19%
Total Equity zł681.19 Million 100.00%

Orzel Bialy S.A. Competitors by Market Cap

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

Equity Growth Attribution

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

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 601,967,000 to 681,190,000, a change of 79,223,000 (13.2%).
  • Net income of 99,358,000 contributed positively to equity growth.
  • Dividend payments of 16,651,000 reduced retained earnings.
  • Other comprehensive income increased equity by 104,427,000.
  • Other factors decreased equity by 107,911,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł99.36 Million +14.59%
Dividends Paid zł16.65 Million -2.44%
Other Comprehensive Income zł104.43 Million +15.33%
Other Changes zł-107.91 Million -15.84%
Total Change zł- 13.16%

Book Value vs Market Value Analysis

This analysis compares Orzel Bialy 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: 0.88x
  • 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 3.17x to 0.88x 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 zł11.29 zł35.80 x
2009-12-31 zł10.19 zł35.80 x
2010-12-31 zł12.33 zł35.80 x
2011-12-31 zł15.77 zł35.80 x
2012-12-31 zł15.02 zł35.80 x
2013-12-31 zł14.05 zł35.80 x
2014-12-31 zł14.38 zł35.80 x
2015-12-31 zł14.83 zł35.80 x
2016-12-31 zł14.33 zł35.80 x
2017-12-31 zł15.72 zł35.80 x
2018-12-31 zł15.37 zł35.80 x
2019-12-31 zł16.98 zł35.80 x
2020-12-31 zł19.37 zł35.80 x
2021-12-31 zł23.20 zł35.80 x
2022-12-31 zł29.12 zł35.80 x
2023-12-31 zł36.15 zł35.80 x
2024-12-31 zł40.91 zł35.80 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Orzel Bialy 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): 14.59%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 14.21%
  • • Asset Turnover: 0.91x
  • • Equity Multiplier: 1.12x
  • Recent ROE (14.59%) is above the historical average (9.58%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2008 18.56% 13.44% 1.04x 1.33x zł16.33 Million
2009 8.33% 7.33% 0.82x 1.38x zł-2.92 Million
2010 18.60% 12.44% 1.17x 1.27x zł18.16 Million
2011 13.61% 10.02% 1.13x 1.20x zł9.48 Million
2012 4.41% 2.69% 1.20x 1.36x zł-14.05 Million
2013 -7.39% -4.13% 1.18x 1.51x zł-40.88 Million
2014 0.18% 0.09% 1.23x 1.56x zł-23.51 Million
2015 5.33% 2.59% 1.47x 1.40x zł-11.52 Million
2016 -1.81% -0.80% 1.41x 1.60x zł-28.18 Million
2017 6.08% 2.35% 1.88x 1.38x zł-10.26 Million
2018 5.72% 2.24% 1.87x 1.37x zł-10.96 Million
2019 6.82% 3.12% 1.52x 1.44x zł-8.98 Million
2020 15.08% 9.49% 1.24x 1.29x zł16.38 Million
2021 16.42% 9.57% 1.40x 1.23x zł24.81 Million
2022 20.70% 11.33% 1.48x 1.24x zł51.89 Million
2023 17.70% 14.46% 1.05x 1.16x zł46.33 Million
2024 14.59% 14.21% 0.91x 1.12x zł31.24 Million

Industry Comparison

This section compares Orzel Bialy S.A.'s net assets metrics with peer companies in the Waste Management industry.

Industry Context

  • Industry: Waste Management
  • Average net assets among peers: $83,899,131
  • Average return on equity (ROE) among peers: 2.57%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Orzel Bialy S.A. (OBL) zł710.70 Million 18.56% 0.14x $37.08 Million
Mo-Bruk SA (MBR) $83.90 Million 2.57% 1.05x $232.09 Million