Shoper S.A.
Shoper S.A. provides software as a service solution for e-commerce in Poland. The company offers marketing and advertising services, positioning services, subscription-based services, financial services, and logistics services. It also provides Shoper payment, campaigns, and apps. Shoper S.A. was founded in 2005 and is based in Kraków, Poland.
Shoper S.A. (SHO) - Net Assets
Latest net assets as of September 2025: zł76.96 Million PLN
Based on the latest financial reports, Shoper S.A. (SHO) has net assets worth zł76.96 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 (zł141.73 Million) and total liabilities (zł64.77 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 | zł76.96 Million |
| % of Total Assets | 54.3% |
| Annual Growth Rate | 29.08% |
| 5-Year Change | 206.56% |
| 10-Year Change | N/A |
| Growth Volatility | 22.32 |
Shoper S.A. - Net Assets Trend (2018–2024)
This chart illustrates how Shoper S.A.'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Shoper S.A. (2018–2024)
The table below shows the annual net assets of Shoper S.A. from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł73.96 Million | +31.25% |
| 2023-12-31 | zł56.35 Million | +46.95% |
| 2022-12-31 | zł38.35 Million | +1.90% |
| 2021-12-31 | zł37.63 Million | +55.98% |
| 2020-12-31 | zł24.12 Million | +49.73% |
| 2019-12-31 | zł16.11 Million | +0.80% |
| 2018-12-31 | zł15.98 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Shoper S.A.'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 1513.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł48.41 Million | 65.46% |
| Common Stock | zł2.81 Million | 3.80% |
| Other Comprehensive Income | zł22.73 Million | 30.74% |
| Total Equity | zł73.96 Million | 100.00% |
Shoper S.A. Competitors by Market Cap
The table below lists competitors of Shoper S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kontrolmatik Teknoloji Enerji ve Mu
IS:KONTR
|
$75.52 Million |
|
TTFB Co Ltd
TWO:2729
|
$75.52 Million |
|
Ihlas Holding AS
IS:IHLAS
|
$75.52 Million |
|
Epsilon Energy Ltd
NASDAQ:EPSN
|
$75.54 Million |
|
Seshasayee Paper and Boards Limited
NSE:SESHAPAPER
|
$75.49 Million |
|
Lucara Diamond Corp
PINK:LUCRF
|
$75.48 Million |
|
Younited Financial S.A.
F:HT5
|
$75.46 Million |
|
Aluko Co Ltd
KO:001780
|
$75.46 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Shoper S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 55,974,000 to 73,958,000, a change of 17,984,000 (32.1%).
- Net income of 37,507,000 contributed positively to equity growth.
- Dividend payments of 18,850,000 reduced retained earnings.
- Other comprehensive income increased equity by 4,641,000.
- Other factors decreased equity by 5,314,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł37.51 Million | +50.71% |
| Dividends Paid | zł18.85 Million | -25.49% |
| Other Comprehensive Income | zł4.64 Million | +6.28% |
| Other Changes | zł-5.31 Million | -7.19% |
| Total Change | zł- | 32.13% |
Book Value vs Market Value Analysis
This analysis compares Shoper S.A.'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: 15.86x
- 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 72.25x to 15.86x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | zł0.56 | zł40.50 | x |
| 2019-12-31 | zł0.57 | zł40.50 | x |
| 2020-12-31 | zł0.85 | zł40.50 | x |
| 2021-12-31 | zł1.31 | zł40.50 | x |
| 2022-12-31 | zł1.34 | zł40.50 | x |
| 2023-12-31 | zł1.94 | zł40.50 | x |
| 2024-12-31 | zł2.55 | zł40.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Shoper S.A. 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): 50.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.45%
- • Asset Turnover: 1.26x
- • Equity Multiplier: 2.07x
- Recent ROE (50.71%) is above the historical average (44.17%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 18.72% | 14.58% | 0.73x | 1.75x | zł1.39 Million |
| 2019 | 24.31% | 14.06% | 0.93x | 1.87x | zł2.31 Million |
| 2020 | 51.78% | 26.61% | 1.09x | 1.79x | zł10.08 Million |
| 2021 | 68.71% | 31.57% | 0.96x | 2.26x | zł21.64 Million |
| 2022 | 48.05% | 14.72% | 1.07x | 3.06x | zł14.37 Million |
| 2023 | 46.90% | 17.21% | 1.21x | 2.26x | zł20.66 Million |
| 2024 | 50.71% | 19.45% | 1.26x | 2.07x | zł30.11 Million |
Industry Comparison
This section compares Shoper S.A.'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $152,415,217
- Average return on equity (ROE) among peers: -19.60%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Shoper S.A. (SHO) | zł76.96 Million | 18.72% | 0.84x | $75.50 Million |
| Asseco Business Solutions S.A. (ABS) | $279.66 Million | 17.93% | 0.28x | $334.91 Million |
| Asseco South Eastern Europe S.A. (ASE) | $913.07 Million | 12.70% | 0.51x | $389.34 Million |
| Brand 24 SA (B24) | $1.70 Million | -58.65% | 5.61x | $3.38 Million |
| Fabrity Holding S.A. (FAB) | $31.86 Million | 14.10% | 0.87x | $10.01 Million |
| LSI Software S.A. (LSI) | $48.80 Million | 5.65% | 0.28x | $11.18 Million |
| Nexity Global SA (NXG) | $21.66 Million | -200.79% | 0.00x | $810.77K |
| Quantum Software SA (QNT) | $19.37 Million | 15.58% | 0.26x | $1.22 Million |
| Spyrosoft S.A. (SPR) | $46.83 Million | 31.35% | 0.76x | $23.90 Million |
| Silvair Inc (SVRS) | $8.79 Million | -14.24% | 0.50x | $11.00 Million |