PGE Polska Grupa Energetyczna SA Net Assets
PGE Polska Grupa Energetyczna SA net assets. Based on the latest financial reports, PGE Polska Grupa Energetyczna SA (PGE) has net assets worth zł46.62 Billion PLN (≈ $12.83 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł108.41 Billion ≈ $29.83 Billion USD) and total liabilities (zł61.79 Billion ≈ $17.01 Billion 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. See PGE equity financing ratio to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł46.62 Billion |
| % of Total Assets | 43.0% |
| Annual Growth Rate | 1.13% |
| 5-Year Change | -10.99% |
| 10-Year Change | 0.49% |
| Growth Volatility | 10.16 |
Net Assets of PGE Polska Grupa Energetyczna SA (2006–2025)
Net assets of PGE Polska Grupa Energetyczna SA from 2006 to 2025. This chart illustrates how PGE Polska Grupa Energetyczna SA's net assets have evolved over time, based on quarterly financial data. Also explore PGE shareholders equity momentum to track the company's year-over-year net asset growth rate.
Annual Net Assets for PGE Polska Grupa Energetyczna SA (2006–2025)
The table below shows the annual net assets of PGE Polska Grupa Energetyczna SA from 2006 to 2025. For live market cap and overall valuation, see PGE market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł42.98 Billion ≈ $11.83 Billion |
-5.59% |
| 2024-12-31 | zł45.53 Billion ≈ $12.53 Billion |
-4.86% |
| 2023-12-31 | zł47.85 Billion ≈ $13.17 Billion |
-12.00% |
| 2022-12-31 | zł54.38 Billion ≈ $14.97 Billion |
+12.62% |
| 2021-12-31 | zł48.29 Billion ≈ $13.29 Billion |
+11.01% |
| 2020-12-31 | zł43.50 Billion ≈ $11.97 Billion |
+0.84% |
| 2019-12-31 | zł43.14 Billion ≈ $11.87 Billion |
-9.76% |
| 2018-12-31 | zł47.80 Billion ≈ $13.16 Billion |
+3.12% |
| 2017-12-31 | zł46.35 Billion ≈ $12.76 Billion |
+8.36% |
| 2016-12-31 | zł42.77 Billion ≈ $11.77 Billion |
+5.83% |
| 2015-12-31 | zł40.42 Billion ≈ $11.12 Billion |
-9.95% |
| 2014-12-31 | zł44.88 Billion ≈ $12.35 Billion |
+2.83% |
| 2013-12-31 | zł43.65 Billion ≈ $12.01 Billion |
+7.32% |
| 2012-12-31 | zł40.67 Billion ≈ $11.19 Billion |
-1.22% |
| 2011-12-31 | zł41.17 Billion ≈ $11.33 Billion |
+9.26% |
| 2010-12-31 | zł37.68 Billion ≈ $10.37 Billion |
-3.00% |
| 2009-12-31 | zł38.85 Billion ≈ $10.69 Billion |
+28.75% |
| 2008-12-31 | zł30.18 Billion ≈ $8.30 Billion |
+2.57% |
| 2007-12-31 | zł29.42 Billion ≈ $8.10 Billion |
-15.26% |
| 2006-12-31 | zł34.72 Billion ≈ $9.55 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to PGE Polska Grupa Energetyczna 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 136.9% over the analyzed period, potentially due to dividend distributions or operating losses.
PGE Polska Grupa Energetyczna SA Net Assets Breakdown (December 2025)
PGE Polska Grupa Energetyczna SA net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł19.18 Billion | 45.87% |
| Other Components | zł26.68 Billion | 63.78% |
| Total Equity | zł41.82 Billion | 100.00% |
PGE Polska Grupa Energetyczna SA Competitors by Market Cap
The table below lists competitors of PGE Polska Grupa Energetyczna SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Indutrade AB
ST:INDT
|
$10.15 Billion |
|
Eneva S.A
SA:ENEV3
|
$10.15 Billion |
|
King Yuan Electronics Co Ltd
TW:2449
|
$10.15 Billion |
|
New Oriental Education & Technology Group Inc
MX:EDUN
|
$10.16 Billion |
|
PIRAEUS F.HL.ADR NEW 2021
F:BKP0
|
$10.13 Billion |
|
Aurobindo Pharma Limited
NSE:AUROPHARMA
|
$10.13 Billion |
|
Affiliated Managers Group, Inc.
NYSE:AMG
|
$10.13 Billion |
|
Swiss Prime Site AG
SW:SPSN
|
$10.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PGE Polska Grupa Energetyczna SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 44,471,000,000 to 41,823,000,000, a change of -2,648,000,000 (-6.0%).
- Net loss of 3,497,000,000 reduced equity.
- Other comprehensive income decreased equity by 21,710,000,000.
- Other factors increased equity by 22,559,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-3.50 Billion | -8.36% |
| Other Comprehensive Income | zł-21.71 Billion | -51.91% |
| Other Changes | zł22.56 Billion | +53.94% |
| Total Change | zł- | -5.95% |
Book Value vs Market Value Analysis
This analysis compares PGE Polska Grupa Energetyczna 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: 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 1.04x 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 |
|---|---|---|---|
| 2006-12-31 | zł15.78 | zł16.43 | x |
| 2007-12-31 | zł12.28 | zł16.43 | x |
| 2008-12-31 | zł13.18 | zł16.43 | x |
| 2009-12-31 | zł20.59 | zł16.43 | x |
| 2010-12-31 | zł17.43 | zł16.43 | x |
| 2011-12-31 | zł21.80 | zł16.43 | x |
| 2012-12-31 | zł21.60 | zł16.43 | x |
| 2013-12-31 | zł23.20 | zł16.43 | x |
| 2014-12-31 | zł23.94 | zł16.43 | x |
| 2015-12-31 | zł21.56 | zł16.43 | x |
| 2016-12-31 | zł22.83 | zł16.43 | x |
| 2017-12-31 | zł24.17 | zł16.43 | x |
| 2018-12-31 | zł24.99 | zł16.43 | x |
| 2019-12-31 | zł22.62 | zł16.43 | x |
| 2020-12-31 | zł22.74 | zł16.43 | x |
| 2021-12-31 | zł25.40 | zł16.43 | x |
| 2022-12-31 | zł25.14 | zł16.43 | x |
| 2023-12-31 | zł20.89 | zł16.43 | x |
| 2024-12-31 | zł19.82 | zł16.43 | x |
| 2025-12-31 | zł18.64 | zł16.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PGE Polska Grupa Energetyczna 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): -8.36%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.69%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.52x
- Recent ROE (-8.36%) is below the historical average (4.25%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 6.31% | 7.08% | 0.44x | 2.01x | zł-1.01 Billion |
| 2007 | 18.67% | 17.13% | 0.51x | 2.13x | zł1.84 Billion |
| 2008 | 11.71% | 12.96% | 0.44x | 2.07x | zł389.28 Million |
| 2009 | 13.92% | 20.06% | 0.40x | 1.75x | zł1.22 Billion |
| 2010 | 9.78% | 17.71% | 0.40x | 1.39x | zł-81.31 Million |
| 2011 | 12.11% | 17.56% | 0.48x | 1.44x | zł860.21 Million |
| 2012 | 7.95% | 10.51% | 0.52x | 1.44x | zł-827.16 Million |
| 2013 | 9.49% | 13.66% | 0.50x | 1.40x | zł-219.72 Million |
| 2014 | 8.13% | 12.93% | 0.43x | 1.48x | zł-838.80 Million |
| 2015 | -7.52% | -10.62% | 0.47x | 1.52x | zł-7.06 Billion |
| 2016 | 6.02% | 9.14% | 0.42x | 1.58x | zł-1.70 Billion |
| 2017 | 5.89% | 11.52% | 0.32x | 1.60x | zł-1.86 Billion |
| 2018 | 3.21% | 5.77% | 0.34x | 1.62x | zł-3.17 Billion |
| 2019 | -9.29% | -10.44% | 0.48x | 1.84x | zł-8.16 Billion |
| 2020 | 0.26% | 0.24% | 0.56x | 1.92x | zł-4.14 Billion |
| 2021 | 8.36% | 7.53% | 0.59x | 1.87x | zł-777.40 Million |
| 2022 | 6.22% | 4.53% | 0.69x | 1.98x | zł-2.03 Billion |
| 2023 | -10.69% | -5.22% | 0.85x | 2.42x | zł-9.70 Billion |
| 2024 | -7.11% | -4.91% | 0.62x | 2.34x | zł-7.61 Billion |
| 2025 | -8.36% | -5.69% | 0.58x | 2.52x | zł-7.68 Billion |
Industry Comparison
This section compares PGE Polska Grupa Energetyczna SA's net assets metrics with peer companies in the Utilities - Regulated Electric industry.
Industry Context
- Industry: Utilities - Regulated Electric
- Average net assets among peers: $4,626,315,000
- Average return on equity (ROE) among peers: 17.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PGE Polska Grupa Energetyczna SA (PGE) | zł46.62 Billion | 6.31% | 1.33x | $10.15 Billion |
| Elektrocieplownia Bedzin (BDZ) | $-4.23 Million | 0.00% | 0.00x | $32.36 Million |
| EuroHold Bulgaria AD (EHG) | $117.71 Million | 65.62% | 20.04x | $602.05 Million |
| Enea S.A. (ENA) | $12.06 Billion | 7.53% | 0.50x | $3.18 Billion |
| Energa S.A. (ENG) | $8.82 Billion | 1.71% | 1.12x | $3.13 Billion |
| Kogeneracja SA (KGN) | $2.14 Billion | 11.96% | 1.21x | $352.25 Million |
About PGE Polska Grupa Energetyczna SA
PGE Polska Grupa Energetyczna S.A. engages in the production and distribution of electricity and heat in Poland. It operates through Renewables, Gas-fired Generation, Coal Energy, District Heating, Distribution, Railway Energy Services, Supply, and Other Activities segments. The Renewables segment engages in generation of electricity in pumped-storage power plants and from renewable sources. Its … Read more