Torpol SA (TOR) - Net Assets

Latest as of September 2025: zł546.08 Million PLN ≈ $150.29 Million USD

Based on the latest financial reports, Torpol SA (TOR) has net assets worth zł546.08 Million PLN (≈ $150.29 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 (zł1.13 Billion ≈ $309.78 Million USD) and total liabilities (zł579.50 Million ≈ $159.49 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. Also explore TOR total assets for the complete picture of this company's asset base.

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. Check tangible equity quality of Torpol SA to evaluate the tangible quality of the company's equity base.

Annual Net Assets for Torpol SA (2012–2024)

The table below shows the annual net assets of Torpol SA from 2012 to 2024. For live valuation and market cap data, see TOR company net worth.

Year	Net Assets	Change
2024-12-31	zł528.77 Million ≈ $145.53 Million	+3.85%
2023-12-31	zł509.15 Million ≈ $140.13 Million	+24.94%
2022-12-31	zł407.52 Million ≈ $112.15 Million	+39.49%
2021-12-31	zł292.16 Million ≈ $80.41 Million	+16.55%
2020-12-31	zł250.67 Million ≈ $68.99 Million	+12.48%
2019-12-31	zł222.86 Million ≈ $61.33 Million	+10.97%
2018-12-31	zł200.83 Million ≈ $55.27 Million	+10.67%
2017-12-31	zł181.47 Million ≈ $49.94 Million	-16.76%
2016-12-31	zł218.01 Million ≈ $60.00 Million	-2.19%
2015-12-31	zł222.89 Million ≈ $61.34 Million	+9.63%
2014-12-31	zł203.31 Million ≈ $55.95 Million	+65.28%
2013-12-31	zł123.01 Million ≈ $33.85 Million	+3.81%
2012-12-31	zł118.49 Million ≈ $32.61 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.

Company	Market Cap
Huasu Holdings Co Ltd SHE:000509	$449.11 Million
Alandsbanken Abp B HE:ALBBV	$449.15 Million
Shenzhen Soling Industrial Co Ltd SHE:002766	$449.19 Million
Commercial Bancgroup, Inc. Common Stock NASDAQ:CBK	$449.26 Million
Iteos Therapeutics Inc NASDAQ:ITOS	$448.68 Million
InBody Co.Ltd KQ:041830	$448.63 Million
Zhejiang Yuejian Intelligent Equipment Co Ltd SHG:603095	$448.22 Million
Ningbo Homelink Eco-iTech Co. Ltd. SHE:301193	$448.12 Million

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: 3.08x
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 9.33x to 3.08x 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	zł71.00	x
2013-12-31	zł7.90	zł71.00	x
2014-12-31	zł10.57	zł71.00	x
2015-12-31	zł9.73	zł71.00	x
2016-12-31	zł9.53	zł71.00	x
2017-12-31	zł7.94	zł71.00	x
2018-12-31	zł8.79	zł71.00	x
2019-12-31	zł9.74	zł71.00	x
2020-12-31	zł10.95	zł71.00	x
2021-12-31	zł12.76	zł71.00	x
2022-12-31	zł17.78	zł71.00	x
2023-12-31	zł22.20	zł71.00	x
2024-12-31	zł23.05	zł71.00	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: $231,930,484
Average return on equity (ROE) among peers: 21.30%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Torpol SA (TOR)	zł546.08 Million	4.72%	1.06x	$448.84 Million
Atrem S.A. (ATR)	$71.65 Million	6.52%	1.09x	$157.50 Million
Budimex S.A. (BDX)	$1.39 Billion	53.85%	4.87x	$5.17 Billion
Dekpol SA (DEK)	$58.10 Million	29.19%	2.00x	$158.80 Million
Energoaparatura S.A. (ENP)	$18.34 Million	5.73%	0.67x	$19.60 Million
Erbud SA (ERB)	$310.49 Million	15.03%	2.86x	$73.55 Million
INSTAL KRAKÓW SA (INK)	$303.23 Million	8.87%	0.45x	$80.20 Million
Interbud-Lublin SA (ITB)	$27.45 Million	27.82%	2.94x	$4.41 Million
Mirbud SA (MRB)	$40.10 Million	37.33%	4.56x	$359.35 Million
MOSTOSTAL Płock SA (MSP)	$20.28 Million	10.05%	3.22x	$7.10 Million
Mostostal Warszawa S.A. (MSW)	$80.71 Million	18.58%	10.43x	$20.20 Million

About Torpol SA

WAR:TOR Poland Engineering & Construction

Market Cap

$448.84 Million

zł1.63 Billion PLN

Market Cap Rank

#12596 Global

#67 in Poland

Share Price

zł71.00

Change (1 day)

-2.20%

52-Week Range

zł38.05 - zł73.50

All Time High

zł73.50