PLAYWAY SA
PlayWay S.A. produces and publishes games and applications in Poland and internationally. It sells its products to computers, consoles, and mobile phones through How Steam, Google Play, App store, Amazon App store, Microsoft store, Nintendo E-Shop, and PlayStore platforms. The company was founded in 2011 and is headquartered in Warsaw, Poland.
PLAYWAY SA (PLW) - Net Assets
Latest net assets as of September 2025: zł432.48 Million PLN
Based on the latest financial reports, PLAYWAY SA (PLW) has net assets worth zł432.48 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 (zł483.30 Million) and total liabilities (zł50.82 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 | zł432.48 Million |
| % of Total Assets | 89.48% |
| Annual Growth Rate | 51.17% |
| 5-Year Change | 18.21% |
| 10-Year Change | 3161.97% |
| Growth Volatility | 68.06 |
PLAYWAY SA - Net Assets Trend (2014–2024)
This chart illustrates how PLAYWAY 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 PLAYWAY SA (2014–2024)
The table below shows the annual net assets of PLAYWAY SA from 2014 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł490.96 Million | +2.49% |
| 2023-12-31 | zł479.04 Million | -4.93% |
| 2022-12-31 | zł503.87 Million | -2.95% |
| 2021-12-31 | zł519.19 Million | +25.01% |
| 2020-12-31 | zł415.32 Million | +108.28% |
| 2019-12-31 | zł199.40 Million | +75.43% |
| 2018-12-31 | zł113.67 Million | +61.85% |
| 2017-12-31 | zł70.23 Million | +40.32% |
| 2016-12-31 | zł50.05 Million | +232.54% |
| 2015-12-31 | zł15.05 Million | +91.12% |
| 2014-12-31 | zł7.88 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to PLAYWAY 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 12379.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł369.26 Million | 89.74% |
| Common Stock | zł660.00K | 0.16% |
| Other Comprehensive Income | zł9.40 Million | 2.28% |
| Other Components | zł32.14 Million | 7.81% |
| Total Equity | zł411.47 Million | 100.00% |
PLAYWAY SA Competitors by Market Cap
The table below lists competitors of PLAYWAY SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Arverne Group S.A.
F:5H1
|
$72.20 Million |
|
CNB Bank Shares Inc
OTCQX:CNBN
|
$72.23 Million |
|
Zeus Co.Ltd
KQ:079370
|
$72.25 Million |
|
Mahanagar Telephone Nigam Limited
NSE:MTNL
|
$72.27 Million |
|
Pmv Pharmaceuticals Inc
NASDAQ:PMVP
|
$72.13 Million |
|
AZKOYEN SA INH. EO 060
F:AKK
|
$72.11 Million |
|
Leo Systems
TWO:5410
|
$72.05 Million |
|
Ucore Rare Metals Inc
OTCQX:UURAF
|
$72.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in PLAYWAY SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 401,985,000 to 411,466,000, a change of 9,481,000 (2.4%).
- Net income of 170,197,000 contributed positively to equity growth.
- Dividend payments of 159,692,000 reduced retained earnings.
- Share repurchases of 596,000 reduced equity.
- Other comprehensive income decreased equity by 13,502,000.
- Other factors increased equity by 13,074,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł170.20 Million | +41.36% |
| Dividends Paid | zł159.69 Million | -38.81% |
| Share Repurchases | zł596.00K | -0.14% |
| Other Comprehensive Income | zł-13.50 Million | -3.28% |
| Other Changes | zł13.07 Million | +3.18% |
| Total Change | zł- | 2.36% |
Book Value vs Market Value Analysis
This analysis compares PLAYWAY 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: 3.97x
- 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 212.92x to 3.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2014-12-31 | zł1.17 | zł250.00 | x |
| 2015-12-31 | zł2.29 | zł250.00 | x |
| 2016-12-31 | zł7.91 | zł250.00 | x |
| 2017-12-31 | zł9.80 | zł250.00 | x |
| 2018-12-31 | zł14.76 | zł250.00 | x |
| 2019-12-31 | zł26.52 | zł250.00 | x |
| 2020-12-31 | zł54.00 | zł250.00 | x |
| 2021-12-31 | zł66.38 | zł250.00 | x |
| 2022-12-31 | zł63.68 | zł250.00 | x |
| 2023-12-31 | zł60.91 | zł250.00 | x |
| 2024-12-31 | zł62.94 | zł250.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently PLAYWAY 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): 41.36%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 56.19%
- • Asset Turnover: 0.55x
- • Equity Multiplier: 1.34x
- Recent ROE (41.36%) is above the historical average (36.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 43.15% | 52.32% | 0.63x | 1.31x | zł2.34 Million |
| 2015 | 43.40% | 57.37% | 0.62x | 1.22x | zł4.58 Million |
| 2016 | 11.73% | 44.93% | 0.24x | 1.10x | zł832.10K |
| 2017 | 24.38% | 39.97% | 0.51x | 1.19x | zł9.30 Million |
| 2018 | 48.28% | 65.34% | 0.59x | 1.25x | zł37.28 Million |
| 2019 | 49.65% | 74.78% | 0.55x | 1.21x | zł69.39 Million |
| 2020 | 56.11% | 121.87% | 0.36x | 1.29x | zł164.32 Million |
| 2021 | 29.14% | 54.53% | 0.41x | 1.31x | zł83.84 Million |
| 2022 | 26.73% | 43.66% | 0.46x | 1.33x | zł70.30 Million |
| 2023 | 26.55% | 38.96% | 0.51x | 1.33x | zł66.53 Million |
| 2024 | 41.36% | 56.19% | 0.55x | 1.34x | zł129.05 Million |
Industry Comparison
This section compares PLAYWAY SA's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $41,418,772
- Average return on equity (ROE) among peers: 12.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| PLAYWAY SA (PLW) | zł432.48 Million | 43.15% | 0.12x | $72.15 Million |
| 11 bit studios S.A (11B) | $7.92 Million | 12.73% | 0.10x | $66.79 Million |
| All In! Games S.A. (ALG) | $-55.00K | 0.00% | 0.00x | $9.90 Million |
| Artifex Mundi SA (ART) | $107.90 Million | 25.40% | 0.24x | $28.67 Million |
| BoomBit S.A (BBT) | $73.91 Million | 6.81% | 0.65x | $3.20 Million |
| Big Cheese Studio S.A. (BCS) | $20.78 Million | 60.09% | 0.10x | $5.92 Million |
| Bloober Team SA (BLO) | $95.87 Million | 2.70% | 0.43x | $71.71 Million |
| CI Games SA (CIG) | $83.64 Million | -19.42% | 0.41x | $75.00 Million |
| Creepy Jar SA (CRJ) | $2.37 Million | -26.79% | 0.19x | $74.92 Million |
| Drago entertainment S.A. (DGE) | $14.42 Million | 25.22% | 0.18x | $1.91 Million |
| Gaming Factory S.A. (GIF) | $7.43 Million | 37.22% | 0.02x | $3.79 Million |