REMAK SA (RMK) - Net Assets
Based on the latest financial reports, REMAK SA (RMK) has net assets worth zł71.85 Million PLN (≈ $19.77 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł166.17 Million ≈ $45.73 Million USD) and total liabilities (zł94.32 Million ≈ $25.96 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 REMAK SA (RMK) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł71.85 Million |
| % of Total Assets | 43.24% |
| Annual Growth Rate | 5.23% |
| 5-Year Change | 39.11% |
| 10-Year Change | 927.08% |
| Growth Volatility | 425.26 |
REMAK SA - Net Assets Trend (2008–2024)
This chart illustrates how REMAK SA's net assets have evolved over time, based on quarterly financial data. See how many days can REMAK SA fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for REMAK SA (2008–2024)
The table below shows the annual net assets of REMAK SA from 2008 to 2024. For live valuation and market cap data, see market value of REMAK SA.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł76.05 Million ≈ $20.93 Million |
+5.66% |
| 2023-12-31 | zł71.97 Million ≈ $19.81 Million |
+8.14% |
| 2022-12-31 | zł66.56 Million ≈ $18.32 Million |
+3.76% |
| 2021-12-31 | zł64.14 Million ≈ $17.65 Million |
+17.34% |
| 2020-12-31 | zł54.66 Million ≈ $15.04 Million |
+42.95% |
| 2019-12-31 | zł38.24 Million ≈ $10.52 Million |
+37.38% |
| 2018-12-31 | zł27.84 Million ≈ $7.66 Million |
+61.00% |
| 2017-12-31 | zł17.29 Million ≈ $4.76 Million |
+80.70% |
| 2016-12-31 | zł9.57 Million ≈ $2.63 Million |
+29.23% |
| 2015-12-31 | zł7.40 Million ≈ $2.04 Million |
+159.24% |
| 2014-12-31 | zł2.86 Million ≈ $786.01K |
+1766.67% |
| 2013-12-31 | zł153.00K ≈ $42.11K |
-99.50% |
| 2012-12-31 | zł30.61 Million ≈ $8.42 Million |
-37.01% |
| 2011-12-31 | zł48.60 Million ≈ $13.37 Million |
+15.64% |
| 2010-12-31 | zł42.02 Million ≈ $11.57 Million |
-2.29% |
| 2009-12-31 | zł43.01 Million ≈ $11.84 Million |
+27.81% |
| 2008-12-31 | zł33.65 Million ≈ $9.26 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to REMAK 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 6.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł4.99 Million | 6.57% |
| Common Stock | zł7.50 Million | 9.86% |
| Other Comprehensive Income | zł68.55 Million | 90.14% |
| Total Equity | zł76.05 Million | 100.00% |
REMAK SA Competitors by Market Cap
The table below lists competitors of REMAK SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KYM Holdings Bhd
KLSE:8362
|
$9.58 Million |
|
Entero Therapeutics, Inc.
NASDAQ:ENTO
|
$9.58 Million |
|
CoinSmart Financial Inc
NEO:SMRT
|
$9.59 Million |
|
LABORATORIO FARMAC.ERFO
F:RK7
|
$9.59 Million |
|
Emerge Commerce Ltd
V:ECOM
|
$9.57 Million |
|
Ryukil C&S Ltd
KQ:191410
|
$9.57 Million |
|
Prismaflex Intl
PA:ALPRI
|
$9.56 Million |
|
ECP Emerging Growth Ltd
AU:ECP
|
$9.56 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in REMAK SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 71,973,000 to 76,045,000, a change of 4,072,000 (5.7%).
- Net income of 4,993,000 contributed positively to equity growth.
- Dividend payments of 900,000 reduced retained earnings.
- Other comprehensive income increased equity by 67,681,000.
- Other factors decreased equity by 67,702,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł4.99 Million | +6.57% |
| Dividends Paid | zł900.00K | -1.18% |
| Other Comprehensive Income | zł67.68 Million | +89.0% |
| Other Changes | zł-67.70 Million | -89.03% |
| Total Change | zł- | 5.66% |
Book Value vs Market Value Analysis
This analysis compares REMAK 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: 0.46x
- 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 1.03x to 0.46x 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 | zł11.22 | zł11.60 | x |
| 2009-12-31 | zł14.34 | zł11.60 | x |
| 2010-12-31 | zł14.01 | zł11.60 | x |
| 2011-12-31 | zł16.20 | zł11.60 | x |
| 2012-12-31 | zł10.20 | zł11.60 | x |
| 2013-12-31 | zł0.05 | zł11.60 | x |
| 2014-12-31 | zł0.95 | zł11.60 | x |
| 2015-12-31 | zł2.47 | zł11.60 | x |
| 2016-12-31 | zł3.19 | zł11.60 | x |
| 2017-12-31 | zł5.76 | zł11.60 | x |
| 2018-12-31 | zł9.28 | zł11.60 | x |
| 2019-12-31 | zł12.75 | zł11.60 | x |
| 2020-12-31 | zł18.22 | zł11.60 | x |
| 2021-12-31 | zł21.38 | zł11.60 | x |
| 2022-12-31 | zł22.19 | zł11.60 | x |
| 2023-12-31 | zł23.99 | zł11.60 | x |
| 2024-12-31 | zł25.35 | zł11.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently REMAK 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): 6.57%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.10%
- • Asset Turnover: 1.37x
- • Equity Multiplier: 2.28x
- Recent ROE (6.57%) is above the historical average (-1060.93%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 14.00% | 2.75% | 1.85x | 2.74x | zł1.35 Million |
| 2009 | 27.68% | 4.61% | 2.49x | 2.42x | zł7.61 Million |
| 2010 | 9.74% | 3.26% | 1.71x | 1.75x | zł-110.50K |
| 2011 | 12.56% | 2.63% | 1.41x | 3.40x | zł1.24 Million |
| 2012 | -58.68% | -4.37% | 3.16x | 4.25x | zł-21.02 Million |
| 2013 | -18448.37% | -10.73% | 2.96x | 581.23x | zł-28.24 Million |
| 2014 | 107.63% | 3.62% | 1.24x | 23.97x | zł2.79 Million |
| 2015 | 63.49% | 3.85% | 1.42x | 11.63x | zł3.96 Million |
| 2016 | 63.87% | 4.24% | 1.57x | 9.58x | zł5.15 Million |
| 2017 | 44.50% | 4.52% | 1.70x | 5.80x | zł5.97 Million |
| 2018 | 37.84% | 4.17% | 1.32x | 6.90x | zł7.75 Million |
| 2019 | 27.85% | 2.85% | 1.84x | 5.31x | zł6.83 Million |
| 2020 | 29.69% | 5.47% | 1.19x | 4.57x | zł10.76 Million |
| 2021 | 14.74% | 4.24% | 1.35x | 2.58x | zł3.04 Million |
| 2022 | 3.62% | 1.30% | 1.24x | 2.24x | zł-4.25 Million |
| 2023 | 7.49% | 2.57% | 1.16x | 2.52x | zł-1.81 Million |
| 2024 | 6.57% | 2.10% | 1.37x | 2.28x | zł-2.61 Million |
Industry Comparison
This section compares REMAK SA's net assets metrics with peer companies in the Specialty Industrial Machinery industry.
Industry Context
- Industry: Specialty Industrial Machinery
- Average net assets among peers: $145,130,250
- Average return on equity (ROE) among peers: -0.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| REMAK SA (RMK) | zł71.85 Million | 14.00% | 1.31x | $9.58 Million |
| APS Energia S.A. (APE) | $46.24 Million | 14.79% | 1.18x | $37.16 Million |
| Energoinstal S.A. (ENI) | $129.51 Million | -14.58% | 2.24x | $9.12 Million |
| Jwwinvest (JWW) | $31.02 Million | 11.42% | 0.50x | $8.99 Million |
| MOJ S.A (MOJ) | $33.32 Million | 2.71% | 0.34x | $4.33 Million |
| Patentus SA (PAT) | $94.89 Million | 9.03% | 0.89x | $22.08 Million |
| RAFAKO SA (RFK) | $610.25 Million | 0.36% | 1.10x | $555.38K |
| Seco/Warwick SA (SWG) | $176.03 Million | -28.22% | 1.81x | $85.63 Million |
| Zaklady Urzadzen Kotlowych Staporkow SA (ZUK) | $39.77 Million | 2.45% | 1.21x | $7.72 Million |
About REMAK SA
Remak-Energomontaz S.A. engages in assembly, renovation, and repair of industrial installations in Poland and internationally. The company is involved in the provision of construction services; erection of and repair to steam boilers, overhaul and routine inspections of boilers and auxiliary equipment, and technical advice; implementation of tasks related to the construction of cogeneration sourc… Read more