Onde SA
Onde S.A. engages in the designing and construction solutions for the renewable energy sector in Poland. The company offers designing, engineering and road construction, and operation and maintenance services. It also develops, sells, and build wind and solar farms. The company was founded in 1998 and is headquartered in Torun, Poland.
Onde SA (OND) - Net Assets
Latest net assets as of September 2025: zł358.80 Million PLN
Based on the latest financial reports, Onde SA (OND) has net assets worth zł358.80 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 (zł804.90 Million) and total liabilities (zł446.10 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 | zł358.80 Million |
| % of Total Assets | 44.58% |
| Annual Growth Rate | 27.27% |
| 5-Year Change | 321.58% |
| 10-Year Change | N/A |
| Growth Volatility | 100.94 |
Onde SA - Net Assets Trend (2017–2024)
This chart illustrates how Onde SA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Onde SA (2017–2024)
The table below shows the annual net assets of Onde SA from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł357.68 Million | +3.88% |
| 2023-12-31 | zł344.32 Million | +10.74% |
| 2022-12-31 | zł310.93 Million | -6.84% |
| 2021-12-31 | zł333.75 Million | +293.38% |
| 2020-12-31 | zł84.84 Million | +17.58% |
| 2019-12-31 | zł72.16 Million | +11.87% |
| 2018-12-31 | zł64.50 Million | -2.44% |
| 2017-12-31 | zł66.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Onde SA'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 90.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł26.52 Million | 7.41% |
| Common Stock | zł1.09 Million | 0.31% |
| Other Components | zł330.07 Million | 92.28% |
| Total Equity | zł357.68 Million | 100.00% |
Onde SA Competitors by Market Cap
The table below lists competitors of Onde SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kukdong Oil &
KO:014530
|
$38.09 Million |
|
msg life ag
HM:MSGL
|
$38.10 Million |
|
Pierce Group AB
ST:PIERCE
|
$38.11 Million |
|
Jia Jie Biomedical Co Ltd
TWO:4109
|
$38.11 Million |
|
Azion Corporation
TWO:6148
|
$38.07 Million |
|
Mastersystem Infotama Tbk.
JK:MSTI
|
$38.06 Million |
|
SNC Former Public Company Limited
BK:SNC
|
$38.05 Million |
|
Vasta Platform Ltd
NASDAQ:VSTA
|
$38.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Onde SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 344,318,000 to 357,675,000, a change of 13,357,000 (3.9%).
- Net income of 30,277,000 contributed positively to equity growth.
- Dividend payments of 16,900,000 reduced retained earnings.
- Other comprehensive income decreased equity by 317,263,000.
- Other factors increased equity by 317,243,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł30.28 Million | +8.46% |
| Dividends Paid | zł16.90 Million | -4.72% |
| Other Comprehensive Income | zł-317.26 Million | -88.7% |
| Other Changes | zł317.24 Million | +88.7% |
| Total Change | zł- | 3.88% |
Book Value vs Market Value Analysis
This analysis compares Onde SA'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: 1.38x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 6.43x to 1.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | zł1.41 | zł9.08 | x |
| 2019-12-31 | zł1.31 | zł9.08 | x |
| 2020-12-31 | zł1.54 | zł9.08 | x |
| 2021-12-31 | zł6.63 | zł9.08 | x |
| 2022-12-31 | zł5.68 | zł9.08 | x |
| 2023-12-31 | zł6.32 | zł9.08 | x |
| 2024-12-31 | zł6.56 | zł9.08 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Onde SA 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): 8.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.77%
- • Asset Turnover: 1.08x
- • Equity Multiplier: 2.08x
- Recent ROE (8.46%) is below the historical average (15.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 13.07% | 3.19% | 2.07x | 1.98x | zł1.98 Million |
| 2019 | 18.97% | 3.60% | 1.88x | 2.80x | zł6.47 Million |
| 2020 | 38.64% | 5.59% | 1.58x | 4.37x | zł24.30 Million |
| 2021 | 13.84% | 3.79% | 2.13x | 1.71x | zł12.82 Million |
| 2022 | 2.31% | 0.66% | 1.77x | 1.99x | zł-23.92 Million |
| 2023 | 9.70% | 3.08% | 1.64x | 1.92x | zł-1.04 Million |
| 2024 | 8.46% | 3.77% | 1.08x | 2.08x | zł-5.49 Million |
Industry Comparison
This section compares Onde SA's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $228,622,960
- Average return on equity (ROE) among peers: 15.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Onde SA (OND) | zł358.80 Million | 13.07% | 1.24x | $38.09 Million |
| Atrem S.A. (ATR) | $60.38 Million | 1.72% | 0.77x | $23.14 Million |
| Budimex S.A. (BDX) | $805.82 Million | 50.86% | 5.94x | $2.03 Billion |
| Compremum S.A. (CPR) | $221.91 Million | 12.45% | 1.36x | $5.77 Million |
| Dekpol SA (DEK) | $39.72 Million | 8.36% | 2.35x | $37.29 Million |
| Energoaparatura S.A. (ENP) | $15.96 Million | 13.03% | 0.96x | $3.32 Million |
| Erbud SA (ERB) | $674.95 Million | 1.48% | 1.92x | $66.76 Million |
| INSTAL KRAKÓW SA (INK) | $126.12 Million | 18.52% | 0.74x | $36.93 Million |
| Interbud-Lublin SA (ITB) | $59.20 Million | 15.50% | 1.74x | $2.81 Million |
| Mirbud SA (MRB) | $261.75 Million | 5.56% | 2.29x | $190.62 Million |
| MOSTOSTAL Płock SA (MSP) | $20.42 Million | 25.20% | 2.34x | $6.80 Million |