Torpol SA

WAR:TOR Poland Engineering & Construction
Market Cap
$359.07 Million
zł1.49 Billion PLN
Market Cap Rank
#15387 Global
#54 in Poland
Share Price
zł65.00
Change (1 day)
+2.36%
52-Week Range
zł36.90 - zł69.50
All Time High
zł69.50
About

Torpol S.A. engages in designing and implementation of comprehensive construction and modernization services in Poland. It is involved in providing railway line revitalization services; construction and modernization of tram tracks and traction network together with accompanying infrastructure; and comprehensive services for the construction and modernization of medium and low voltage overhead an… Read more

Torpol SA (TOR) - Net Assets

Latest net assets as of September 2025: zł546.08 Million PLN

Based on the latest financial reports, Torpol SA (TOR) has net assets worth zł546.08 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 (zł1.13 Billion) and total liabilities (zł579.50 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 zł546.08 Million
% of Total Assets 48.52%
Annual Growth Rate 13.27%
5-Year Change 110.95%
10-Year Change 137.23%
Growth Volatility 20.11

Torpol SA - Net Assets Trend (2012–2024)

This chart illustrates how Torpol 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 Torpol SA (2012–2024)

The table below shows the annual net assets of Torpol SA from 2012 to 2024.

Year Net Assets Change
2024-12-31 zł528.77 Million +3.85%
2023-12-31 zł509.15 Million +24.94%
2022-12-31 zł407.52 Million +39.49%
2021-12-31 zł292.16 Million +16.55%
2020-12-31 zł250.67 Million +12.48%
2019-12-31 zł222.86 Million +10.97%
2018-12-31 zł200.83 Million +10.67%
2017-12-31 zł181.47 Million -16.76%
2016-12-31 zł218.01 Million -2.19%
2015-12-31 zł222.89 Million +9.63%
2014-12-31 zł203.31 Million +65.28%
2013-12-31 zł123.01 Million +3.81%
2012-12-31 zł118.49 Million --

Equity Component Analysis

This analysis shows how different components contribute to Torpol 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 264.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł69.75 Million 13.17%
Common Stock zł4.59 Million 0.87%
Other Comprehensive Income zł400.47 Million 75.64%
Other Components zł54.62 Million 10.32%
Total Equity zł529.43 Million 100.00%

Torpol SA Competitors by Market Cap

The table below lists competitors of Torpol SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Torpol SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 509,931,000 to 529,430,000, a change of 19,499,000 (3.8%).
  • Net income of 67,905,000 contributed positively to equity growth.
  • Dividend payments of 48,467,000 reduced retained earnings.
  • Other comprehensive income increased equity by 55,225,000.
  • Other factors decreased equity by 55,164,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł67.91 Million +12.83%
Dividends Paid zł48.47 Million -9.15%
Other Comprehensive Income zł55.23 Million +10.43%
Other Changes zł-55.16 Million -10.42%
Total Change zł- 3.82%

Book Value vs Market Value Analysis

This analysis compares Torpol 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: 2.82x
  • 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 8.54x to 2.82x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 zł7.61 zł65.00 x
2013-12-31 zł7.90 zł65.00 x
2014-12-31 zł10.57 zł65.00 x
2015-12-31 zł9.73 zł65.00 x
2016-12-31 zł9.53 zł65.00 x
2017-12-31 zł7.94 zł65.00 x
2018-12-31 zł8.79 zł65.00 x
2019-12-31 zł9.74 zł65.00 x
2020-12-31 zł10.95 zł65.00 x
2021-12-31 zł12.76 zł65.00 x
2022-12-31 zł17.78 zł65.00 x
2023-12-31 zł22.20 zł65.00 x
2024-12-31 zł23.05 zł65.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Torpol 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): 12.83%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 4.66%
  • • Asset Turnover: 1.21x
  • • Equity Multiplier: 2.28x
  • Recent ROE (12.83%) is below the historical average (13.17%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 4.72% 1.47% 1.09x 2.95x zł-6.26 Million
2013 3.89% 1.15% 0.87x 3.90x zł-7.51 Million
2014 12.30% 3.23% 0.94x 4.05x zł4.68 Million
2015 14.29% 2.58% 1.83x 3.02x zł9.60 Million
2016 4.72% 1.34% 1.13x 3.11x zł-11.56 Million
2017 -14.64% -3.55% 0.95x 4.33x zł-44.96 Million
2018 9.49% 1.26% 1.81x 4.18x zł-1.03 Million
2019 13.01% 1.82% 1.25x 5.74x zł6.74 Million
2020 19.30% 3.49% 1.33x 4.15x zł23.39 Million
2021 26.30% 6.87% 1.17x 3.27x zł47.77 Million
2022 45.01% 16.95% 1.05x 2.52x zł143.00 Million
2023 19.99% 9.33% 0.96x 2.23x zł50.92 Million
2024 12.83% 4.66% 1.21x 2.28x zł14.96 Million

Industry Comparison

This section compares Torpol SA's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $229,013,541
  • Average return on equity (ROE) among peers: 15.17%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Torpol SA (TOR) zł546.08 Million 4.72% 1.06x $186.62 Million
Atrem S.A. (ATR) $51.20 Million 30.49% 2.47x $23.59 Million
Budimex S.A. (BDX) $1.28 Billion 47.99% 5.09x $2.00 Billion
Compremum S.A. (CPR) $119.46 Million 6.48% 0.60x $5.67 Million
Dekpol SA (DEK) $39.72 Million 8.36% 2.35x $36.38 Million
Energoaparatura S.A. (ENP) $12.86 Million 7.56% 1.07x $3.34 Million
Erbud SA (ERB) $209.94 Million 15.16% 1.34x $68.22 Million
INSTAL KRAKÓW SA (INK) $219.07 Million 4.32% 0.64x $36.83 Million
Interbud-Lublin SA (ITB) $50.02 Million 20.98% 2.07x $2.58 Million
Mirbud SA (MRB) $267.63 Million 9.14% 1.28x $192.93 Million
MOSTOSTAL Płock SA (MSP) $36.91 Million 1.25% 0.67x $6.68 Million