Onde SA (OND) - Net Assets
Based on the latest financial reports, Onde SA (OND) has net assets worth zł359.75 Million PLN (≈ $99.01 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 (zł730.30 Million ≈ $200.99 Million USD) and total liabilities (zł370.55 Million ≈ $101.98 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 OND cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł359.75 Million |
| % of Total Assets | 49.26% |
| Annual Growth Rate | 23.58% |
| 5-Year Change | 7.79% |
| 10-Year Change | N/A |
| Growth Volatility | 95.65 |
Onde SA - Net Assets Trend (2017–2025)
This chart illustrates how Onde SA's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Onde SA for the complete picture of this company's asset base.
Annual Net Assets for Onde SA (2017–2025)
The table below shows the annual net assets of Onde SA from 2017 to 2025. For live valuation and market cap data, see market value of Onde SA.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł359.75 Million ≈ $99.01 Million |
+0.58% |
| 2024-12-31 | zł357.68 Million ≈ $98.44 Million |
+3.88% |
| 2023-12-31 | zł344.32 Million ≈ $94.76 Million |
+10.74% |
| 2022-12-31 | zł310.93 Million ≈ $85.57 Million |
-6.84% |
| 2021-12-31 | zł333.75 Million ≈ $91.85 Million |
+293.38% |
| 2020-12-31 | zł84.84 Million ≈ $23.35 Million |
+17.58% |
| 2019-12-31 | zł72.16 Million ≈ $19.86 Million |
+11.87% |
| 2018-12-31 | zł64.50 Million ≈ $17.75 Million |
-2.44% |
| 2017-12-31 | zł66.11 Million ≈ $18.20 Million |
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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 decreased by 60.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł5.54 Million | 1.54% |
| Other Components | zł354.21 Million | 98.46% |
| Total Equity | zł359.75 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 |
|---|---|
|
Forrester Research Inc
NASDAQ:FORR
|
$129.63 Million |
|
Abra Information Technologies
TA:ABRA
|
$129.64 Million |
|
Excellence Optoelectronic Inc
TW:6288
|
$129.66 Million |
|
HAPPY BELLY FOOD GRO.INC.
F:W3J
|
$129.68 Million |
|
Peak Minerals Ltd
AU:PUA
|
$129.60 Million |
|
Eco World International Bhd
KLSE:5283
|
$129.55 Million |
|
SFP Tech Holdings Bhd
KLSE:0251
|
$129.55 Million |
|
Novem Group S.A.
XETRA:NVM
|
$129.52 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 2024 to 2025, total equity changed from 357,675,000 to 359,748,000, a change of 2,073,000 (0.6%).
- Net income of 18,946,000 contributed positively to equity growth.
- Dividend payments of 16,899,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł18.95 Million | +5.27% |
| Dividends Paid | zł16.90 Million | -4.7% |
| Other Changes | zł26.00K | +0.01% |
| Total Change | zł- | 0.58% |
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: 1.31x
- 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 6.12x to 1.31x 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 | zł8.64 | x |
| 2019-12-31 | zł1.31 | zł8.64 | x |
| 2020-12-31 | zł1.54 | zł8.64 | x |
| 2021-12-31 | zł6.63 | zł8.64 | x |
| 2022-12-31 | zł5.68 | zł8.64 | x |
| 2023-12-31 | zł6.32 | zł8.64 | x |
| 2024-12-31 | zł6.56 | zł8.64 | x |
| 2025-12-31 | zł6.60 | zł8.64 | 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): 5.27%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.19%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 2.03x
- Recent ROE (5.27%) is below the historical average (13.78%), 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 |
| 2025 | 5.27% | 2.19% | 1.18x | 2.03x | zł-17.03 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: $259,337,768
- Average return on equity (ROE) among peers: 14.13%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Onde SA (OND) | zł359.75 Million | 13.07% | 1.03x | $129.62 Million |
| Atrem S.A. (ATR) | $55.46 Million | 18.03% | 1.44x | $148.60 Million |
| Budimex S.A. (BDX) | $586.18 Million | 29.63% | 4.70x | $4.83 Billion |
| Dekpol SA (DEK) | $191.53 Million | 17.73% | 3.70x | $165.25 Million |
| Energoaparatura S.A. (ENP) | $18.34 Million | 5.73% | 0.67x | $20.04 Million |
| Erbud SA (ERB) | $665.48 Million | 1.25% | 2.03x | $82.90 Million |
| INSTAL KRAKÓW SA (INK) | $126.12 Million | 18.52% | 0.74x | $74.99 Million |
| Interbud-Lublin SA (ITB) | $50.02 Million | 20.98% | 2.07x | $5.88 Million |
| Mirbud SA (MRB) | $681.99 Million | 17.48% | 2.30x | $333.29 Million |
| MOSTOSTAL Płock SA (MSP) | $24.89 Million | 17.96% | 2.65x | $7.05 Million |
| Mostostal Warszawa S.A. (MSW) | $193.37 Million | -5.97% | 6.07x | $22.57 Million |
About 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.