Rainbow Tours SA
Rainbow Tours S.A. operates as a tour operator in Poland, the Czech Republic, Greece, Spain, Turkey, Slovakia, Lithuania, and internationally. The company operates through Sale of Tourist Events, Hotel, and Others segments. The company was founded in 1990 and is headquartered in Lódz, Poland.
Rainbow Tours SA (RBW) - Net Assets
Latest net assets as of September 2025: zł522.69 Million PLN
Based on the latest financial reports, Rainbow Tours SA (RBW) has net assets worth zł522.69 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 (zł1.43 Billion) and total liabilities (zł910.82 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 | zł522.69 Million |
| % of Total Assets | 36.46% |
| Annual Growth Rate | 22.36% |
| 5-Year Change | 386.17% |
| 10-Year Change | 348.47% |
| Growth Volatility | 36.39 |
Rainbow Tours SA - Net Assets Trend (2008–2024)
This chart illustrates how Rainbow Tours 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 Rainbow Tours SA (2008–2024)
The table below shows the annual net assets of Rainbow Tours SA from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł451.21 Million | +80.65% |
| 2023-12-31 | zł249.78 Million | +62.29% |
| 2022-12-31 | zł153.90 Million | +3.06% |
| 2021-12-31 | zł149.33 Million | +60.90% |
| 2020-12-31 | zł92.81 Million | -27.88% |
| 2019-12-31 | zł128.69 Million | +21.65% |
| 2018-12-31 | zł105.78 Million | +0.42% |
| 2017-12-31 | zł105.34 Million | +16.83% |
| 2016-12-31 | zł90.17 Million | -10.37% |
| 2015-12-31 | zł100.61 Million | +28.10% |
| 2014-12-31 | zł78.54 Million | +58.61% |
| 2013-12-31 | zł49.52 Million | +36.28% |
| 2012-12-31 | zł36.33 Million | -5.01% |
| 2011-12-31 | zł38.25 Million | +4.27% |
| 2010-12-31 | zł36.69 Million | +108.56% |
| 2009-12-31 | zł17.59 Million | -1.57% |
| 2008-12-31 | zł17.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Rainbow Tours 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 37487500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł372.72 Million | 91.52% |
| Common Stock | zł1.46 Million | 0.36% |
| Other Comprehensive Income | zł-3.46 Million | -0.85% |
| Other Components | zł36.56 Million | 8.98% |
| Total Equity | zł407.27 Million | 100.00% |
Rainbow Tours SA Competitors by Market Cap
The table below lists competitors of Rainbow Tours SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hyliion Holdings Corp.
NYSE MKT:HYLN
|
$233.40 Million |
|
thyssenkrupp nucera AG & Co. KGaA
OTCGREY:THYKF
|
$233.44 Million |
|
Dr. Hönle AG
OTCGREY:DRHNF
|
$233.46 Million |
|
Grupo Security
SN:SECURITY
|
$233.46 Million |
|
Hunan Hansen Pharmaceutical Co Ltd
SHE:002412
|
$233.21 Million |
|
Hubei Mailyard Share Co Ltd
SHG:600107
|
$233.20 Million |
|
Cabio Biotech Wuhan Co Ltd
SHG:688089
|
$233.18 Million |
|
Fox-Wizel Ltd
PINK:FXWZF
|
$233.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Rainbow Tours SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 206,909,000 to 407,271,000, a change of 200,362,000 (96.8%).
- Net income of 281,979,000 contributed positively to equity growth.
- Dividend payments of 128,494,000 reduced retained earnings.
- Other comprehensive income increased equity by 18,145,000.
- Other factors increased equity by 28,732,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł281.98 Million | +69.24% |
| Dividends Paid | zł128.49 Million | -31.55% |
| Other Comprehensive Income | zł18.14 Million | +4.46% |
| Other Changes | zł28.73 Million | +7.05% |
| Total Change | zł- | 96.84% |
Book Value vs Market Value Analysis
This analysis compares Rainbow Tours 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: 4.78x
- 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 92.14x to 4.78x 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 | zł1.45 | zł133.90 | x |
| 2009-12-31 | zł1.42 | zł133.90 | x |
| 2010-12-31 | zł2.99 | zł133.90 | x |
| 2011-12-31 | zł3.12 | zł133.90 | x |
| 2012-12-31 | zł2.46 | zł133.90 | x |
| 2013-12-31 | zł3.37 | zł133.90 | x |
| 2014-12-31 | zł5.40 | zł133.90 | x |
| 2015-12-31 | zł6.91 | zł133.90 | x |
| 2016-12-31 | zł6.25 | zł133.90 | x |
| 2017-12-31 | zł7.24 | zł133.90 | x |
| 2018-12-31 | zł7.27 | zł133.90 | x |
| 2019-12-31 | zł8.86 | zł133.90 | x |
| 2020-12-31 | zł6.38 | zł133.90 | x |
| 2021-12-31 | zł7.42 | zł133.90 | x |
| 2022-12-31 | zł7.97 | zł133.90 | x |
| 2023-12-31 | zł14.29 | zł133.90 | x |
| 2024-12-31 | zł27.99 | zł133.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Rainbow Tours 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): 69.24%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.93%
- • Asset Turnover: 3.13x
- • Equity Multiplier: 3.19x
- Recent ROE (69.24%) is above the historical average (18.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -49.27% | -3.18% | 4.61x | 3.36x | zł-10.33 Million |
| 2009 | 6.70% | 0.40% | 5.02x | 3.34x | zł-563.40K |
| 2010 | 9.44% | 1.07% | 3.65x | 2.42x | zł-200.40K |
| 2011 | 6.34% | 0.54% | 4.72x | 2.47x | zł-1.38 Million |
| 2012 | 7.88% | 0.46% | 5.88x | 2.89x | zł-756.90K |
| 2013 | 27.83% | 1.76% | 5.03x | 3.15x | zł8.74 Million |
| 2014 | 41.06% | 3.37% | 4.48x | 2.72x | zł24.40 Million |
| 2015 | 33.87% | 3.05% | 4.54x | 2.44x | zł24.01 Million |
| 2016 | 29.92% | 2.25% | 4.71x | 2.83x | zł17.96 Million |
| 2017 | 34.31% | 2.57% | 4.73x | 2.82x | zł25.61 Million |
| 2018 | 7.15% | 0.47% | 4.34x | 3.48x | zł-3.02 Million |
| 2019 | 22.22% | 1.64% | 3.44x | 3.94x | zł15.73 Million |
| 2020 | -45.48% | -9.72% | 0.91x | 5.12x | zł-51.49 Million |
| 2021 | 15.23% | 1.29% | 2.31x | 5.13x | zł5.66 Million |
| 2022 | 19.20% | 0.90% | 3.30x | 6.48x | zł10.30 Million |
| 2023 | 83.53% | 5.25% | 3.35x | 4.75x | zł152.15 Million |
| 2024 | 69.24% | 6.93% | 3.13x | 3.19x | zł241.25 Million |
Industry Comparison
This section compares Rainbow Tours SA's net assets metrics with peer companies in the Travel Services industry.
Industry Context
- Industry: Travel Services
- Average net assets among peers: $13,761,000
- Average return on equity (ROE) among peers: -41.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Rainbow Tours SA (RBW) | zł522.69 Million | -49.27% | 1.74x | $233.30 Million |
| Novaturas AB (NTU) | $13.76 Million | -41.78% | 2.30x | $6.62 Million |