Rainbow Tours SA (RBW) - Net Assets

Latest as of March 2026: zł652.24 Million PLN ≈ $179.50 Million USD

Based on the latest financial reports, Rainbow Tours SA (RBW) has net assets worth zł652.24 Million PLN (≈ $179.50 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł1.62 Billion ≈ $445.94 Million USD) and total liabilities (zł968.11 Million ≈ $266.44 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 Rainbow Tours SA strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł652.24 Million
% of Total Assets	40.25%
Annual Growth Rate	21.63%
5-Year Change	233.94%
10-Year Change	453.03%
Growth Volatility	35.52

Rainbow Tours SA - Net Assets Trend (2008–2025)

This chart illustrates how Rainbow Tours SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Rainbow Tours SA (RBW) market capitalisation.

Annual Net Assets for Rainbow Tours SA (2008–2025)

The table below shows the annual net assets of Rainbow Tours SA from 2008 to 2025. Also explore how fast is Rainbow Tours SA growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	zł498.68 Million ≈ $137.25 Million	+10.52%
2024-12-31	zł451.21 Million ≈ $124.18 Million	+80.65%
2023-12-31	zł249.78 Million ≈ $68.74 Million	+62.29%
2022-12-31	zł153.90 Million ≈ $42.36 Million	+3.06%
2021-12-31	zł149.33 Million ≈ $41.10 Million	+60.90%
2020-12-31	zł92.81 Million ≈ $25.54 Million	-27.88%
2019-12-31	zł128.69 Million ≈ $35.42 Million	+21.65%
2018-12-31	zł105.78 Million ≈ $29.11 Million	+0.42%
2017-12-31	zł105.34 Million ≈ $28.99 Million	+16.83%
2016-12-31	zł90.17 Million ≈ $24.82 Million	-10.37%
2015-12-31	zł100.61 Million ≈ $27.69 Million	+28.10%
2014-12-31	zł78.54 Million ≈ $21.62 Million	+58.61%
2013-12-31	zł49.52 Million ≈ $13.63 Million	+36.28%
2012-12-31	zł36.33 Million ≈ $10.00 Million	-5.01%
2011-12-31	zł38.25 Million ≈ $10.53 Million	+4.27%
2010-12-31	zł36.69 Million ≈ $10.10 Million	+108.56%
2009-12-31	zł17.59 Million ≈ $4.84 Million	-1.57%
2008-12-31	zł17.87 Million ≈ $4.92 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 51778600000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł515.63 Million	102.83%
Common Stock	zł1.46 Million	0.29%
Other Comprehensive Income	zł-52.20 Million	-10.41%
Other Components	zł36.56 Million	7.29%
Total Equity	zł501.44 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
Grupo KUO S.A.B. de C.V MX:KUOB	$547.13 Million
SGL Carbon SE XETRA:SGL	$547.16 Million
Relx PLC LSE:REL	$547.31 Million
Changshu Automotive Trim Co SHG:603035	$547.34 Million
Beijing Jiaxun Feihong Electrical Co Ltd SHE:300213	$547.07 Million
Saimo Electric Co Ltd SHE:300466	$546.99 Million
Vadilal Industries Limited NSE:VADILALIND	$546.90 Million
Matrix Concepts Holdings Bhd KLSE:5236	$546.66 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 2024 to 2025, total equity changed from 407,271,000 to 501,438,000, a change of 94,167,000 (23.1%).
Net income of 259,211,000 contributed positively to equity growth.
Dividend payments of 111,614,000 reduced retained earnings.
New share issuances of 37,000 increased equity.
Other comprehensive income decreased equity by 48,744,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł259.21 Million	+51.69%
Dividends Paid	zł111.61 Million	-22.26%
Share Issuances	zł37.00K	+0.01%
Other Comprehensive Income	zł-48.74 Million	-9.72%
Other Changes	zł-4.72 Million	-0.94%
Total Change	zł-	23.12%

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: 3.96x
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 94.00x to 3.96x 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	zł136.60	x
2009-12-31	zł1.42	zł136.60	x
2010-12-31	zł2.99	zł136.60	x
2011-12-31	zł3.12	zł136.60	x
2012-12-31	zł2.46	zł136.60	x
2013-12-31	zł3.37	zł136.60	x
2014-12-31	zł5.40	zł136.60	x
2015-12-31	zł6.91	zł136.60	x
2016-12-31	zł6.25	zł136.60	x
2017-12-31	zł7.24	zł136.60	x
2018-12-31	zł7.27	zł136.60	x
2019-12-31	zł8.86	zł136.60	x
2020-12-31	zł6.38	zł136.60	x
2021-12-31	zł7.42	zł136.60	x
2022-12-31	zł7.97	zł136.60	x
2023-12-31	zł14.29	zł136.60	x
2024-12-31	zł27.99	zł136.60	x
2025-12-31	zł34.46	zł136.60	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): 51.69%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.69%
• Asset Turnover: 3.19x
• Equity Multiplier: 2.85x
Recent ROE (51.69%) is above the historical average (20.60%), 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
2025	51.69%	5.69%	3.19x	2.85x	zł209.07 Million

Industry Comparison

This section compares Rainbow Tours SA's net assets metrics with peer companies in the Travel Services industry.

No peer company data available for comparison.

About Rainbow Tours SA

WAR:RBW Poland Travel Services

Market Cap

$547.07 Million

zł1.99 Billion PLN

Market Cap Rank

#11805 Global

#57 in Poland

Share Price

zł136.60

Change (1 day)

-0.94%

52-Week Range

zł117.30 - zł165.50

All Time High

zł169.00