Tarczynski S.A. (TAR) - Net Assets
Based on the latest financial reports, Tarczynski S.A. (TAR) has net assets worth zł719.27 Million PLN (≈ $197.95 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 (zł2.03 Billion ≈ $557.83 Million USD) and total liabilities (zł1.31 Billion ≈ $359.88 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 Tarczynski S.A. tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł719.27 Million |
| % of Total Assets | 35.49% |
| Annual Growth Rate | 15.82% |
| 5-Year Change | 113.12% |
| 10-Year Change | 342.04% |
| Growth Volatility | 22.16 |
Tarczynski S.A. - Net Assets Trend (2010–2024)
This chart illustrates how Tarczynski S.A.'s net assets have evolved over time, based on quarterly financial data. See TAR defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Tarczynski S.A. (2010–2024)
The table below shows the annual net assets of Tarczynski S.A. from 2010 to 2024. For live valuation and market cap data, see TAR company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł633.08 Million ≈ $174.23 Million |
+13.05% |
| 2023-12-31 | zł559.99 Million ≈ $154.12 Million |
+21.31% |
| 2022-12-31 | zł461.62 Million ≈ $127.04 Million |
+20.86% |
| 2021-12-31 | zł381.94 Million ≈ $105.11 Million |
+28.58% |
| 2020-12-31 | zł297.05 Million ≈ $81.75 Million |
+42.33% |
| 2019-12-31 | zł208.71 Million ≈ $57.44 Million |
+11.88% |
| 2018-12-31 | zł186.55 Million ≈ $51.34 Million |
+14.50% |
| 2017-12-31 | zł162.92 Million ≈ $44.84 Million |
+11.26% |
| 2016-12-31 | zł146.42 Million ≈ $40.30 Million |
+2.24% |
| 2015-12-31 | zł143.22 Million ≈ $39.42 Million |
+13.57% |
| 2014-12-31 | zł126.11 Million ≈ $34.71 Million |
+9.27% |
| 2013-12-31 | zł115.41 Million ≈ $31.76 Million |
+77.26% |
| 2012-12-31 | zł65.11 Million ≈ $17.92 Million |
-28.30% |
| 2011-12-31 | zł90.81 Million ≈ $24.99 Million |
+12.18% |
| 2010-12-31 | zł80.95 Million ≈ $22.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tarczynski 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 2987.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł585.93 Million | 92.55% |
| Common Stock | zł11.35 Million | 1.79% |
| Other Comprehensive Income | zł-1.72 Million | -0.27% |
| Other Components | zł37.52 Million | 5.93% |
| Total Equity | zł633.08 Million | 100.00% |
Tarczynski S.A. Competitors by Market Cap
The table below lists competitors of Tarczynski S.A. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
China Fangda Group Co Ltd
SHE:000055
|
$377.96 Million |
|
Nanjing TDH Technology Co. Ltd. A
SHE:301378
|
$377.99 Million |
|
MCBC Holdings Inc
NASDAQ:MCFT
|
$378.02 Million |
|
Siamgas and Petrochemicals Public Company Limited
BK:SGP-R
|
$378.08 Million |
|
MeguREIT Israel
TA:MGRT
|
$377.77 Million |
|
Kelly Services A Inc
NASDAQ:KELYA
|
$377.73 Million |
|
Sichuan Tianwei Electronic Co Ltd
SHG:688511
|
$377.68 Million |
|
Simei Media Co Ltd
SHE:002712
|
$377.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tarczynski S.A.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 559,991,000 to 633,077,000, a change of 73,086,000 (13.1%).
- Net income of 119,798,000 contributed positively to equity growth.
- Dividend payments of 32,906,000 reduced retained earnings.
- Other comprehensive income decreased equity by 379,049,999.
- Other factors increased equity by 365,243,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł119.80 Million | +18.92% |
| Dividends Paid | zł32.91 Million | -5.2% |
| Other Comprehensive Income | zł-379.05 Million | -59.87% |
| Other Changes | zł365.24 Million | +57.69% |
| Total Change | zł- | 13.05% |
Book Value vs Market Value Analysis
This analysis compares Tarczynski 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: 2.17x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 16.96x to 2.17x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | zł7.13 | zł121.00 | x |
| 2011-12-31 | zł8.00 | zł121.00 | x |
| 2012-12-31 | zł5.74 | zł121.00 | x |
| 2013-12-31 | zł10.17 | zł121.00 | x |
| 2014-12-31 | zł11.11 | zł121.00 | x |
| 2015-12-31 | zł12.62 | zł121.00 | x |
| 2016-12-31 | zł12.90 | zł121.00 | x |
| 2017-12-31 | zł14.36 | zł121.00 | x |
| 2018-12-31 | zł16.44 | zł121.00 | x |
| 2019-12-31 | zł18.39 | zł121.00 | x |
| 2020-12-31 | zł26.18 | zł121.00 | x |
| 2021-12-31 | zł33.66 | zł121.00 | x |
| 2022-12-31 | zł40.68 | zł121.00 | x |
| 2023-12-31 | zł49.35 | zł121.00 | x |
| 2024-12-31 | zł55.79 | zł121.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tarczynski 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): 18.92%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.79%
- • Asset Turnover: 1.20x
- • Equity Multiplier: 2.73x
- Recent ROE (18.92%) is above the historical average (16.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 23.05% | 5.95% | 1.49x | 2.60x | zł10.56 Million |
| 2011 | 4.25% | 1.02% | 1.48x | 2.83x | zł-5.23 Million |
| 2012 | 16.59% | 2.79% | 1.64x | 3.63x | zł4.29 Million |
| 2013 | 8.07% | 2.08% | 1.36x | 2.86x | zł-2.23 Million |
| 2014 | 9.26% | 2.36% | 1.27x | 3.08x | zł-932.90K |
| 2015 | 13.98% | 3.69% | 1.30x | 2.91x | zł5.70 Million |
| 2016 | 6.74% | 1.52% | 1.36x | 3.26x | zł-4.78 Million |
| 2017 | 14.39% | 3.20% | 1.41x | 3.19x | zł7.15 Million |
| 2018 | 13.77% | 3.38% | 1.24x | 3.29x | zł7.04 Million |
| 2019 | 13.56% | 3.22% | 1.25x | 3.35x | zł7.42 Million |
| 2020 | 30.74% | 8.91% | 1.31x | 2.63x | zł61.61 Million |
| 2021 | 25.04% | 8.01% | 1.14x | 2.75x | zł57.43 Million |
| 2022 | 21.16% | 6.05% | 1.21x | 2.90x | zł51.53 Million |
| 2023 | 23.73% | 6.95% | 1.25x | 2.72x | zł76.87 Million |
| 2024 | 18.92% | 5.79% | 1.20x | 2.73x | zł56.49 Million |
Industry Comparison
This section compares Tarczynski S.A.'s net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $83,881,250
- Average return on equity (ROE) among peers: 7.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tarczynski S.A. (TAR) | zł719.27 Million | 23.05% | 1.82x | $377.86 Million |
| Bio Planet SA (BIP) | $10.86 Million | 0.76% | 3.26x | $26.59 Million |
| Helio SA (HEL) | $29.14 Million | 19.56% | 0.17x | $63.16 Million |
| Makarony Polskie S.A. (MAK) | $101.65 Million | 6.29% | 1.02x | $63.60 Million |
| Mlk Foods Public Company Ltd (MLK) | $122.98 Million | 17.88% | 1.18x | $14.23 Million |
| Zaklady Przemyslu Cukierniczego Otmuchow S.A. (OTM) | $104.71 Million | -2.71% | 0.97x | $43.39 Million |
| Pamapol S.A. (PMP) | $97.59 Million | -7.00% | 2.60x | $25.63 Million |
| Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A. (PPS) | $129.12 Million | 13.63% | 1.11x | $21.38 Million |
| Seko S.A. (SEK) | $74.99 Million | 9.35% | 0.74x | $21.05 Million |
About Tarczynski S.A.
Tarczynski S.A. processes, produces, distributes, and sells meat products in Poland. It offers Kabanos, a meat snacks; Tarczynski Naturally, a meat without preservatives; sausage products under the FRANKFURTERS name; Beef Jerky and Strips under the Protein name; meat snacks for children under the Gryzzale name; plant-based sausages; and cure meat products. The company was founded in 1991 and is h… Read more