Tower Investments SA (TOW) - Net Assets
Based on the latest financial reports, Tower Investments SA (TOW) has net assets worth zł2.94 Million PLN (≈ $808.19K USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł28.62 Million ≈ $7.88 Million USD) and total liabilities (zł25.69 Million ≈ $7.07 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 Tower Investments SA strategic capital allocation to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł2.94 Million |
| % of Total Assets | 10.26% |
| Annual Growth Rate | -15.73% |
| 5-Year Change | -97.56% |
| 10-Year Change | N/A |
| Growth Volatility | 101.35 |
Tower Investments SA - Net Assets Trend (2015–2024)
This chart illustrates how Tower Investments SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Tower Investments SA stock valuation.
Annual Net Assets for Tower Investments SA (2015–2024)
The table below shows the annual net assets of Tower Investments SA from 2015 to 2024. Also explore TOW shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł1.42 Million ≈ $392.00K |
-95.83% |
| 2023-12-31 | zł34.14 Million ≈ $9.40 Million |
-30.57% |
| 2022-12-31 | zł49.18 Million ≈ $13.53 Million |
-18.07% |
| 2021-12-31 | zł60.02 Million ≈ $16.52 Million |
+2.85% |
| 2020-12-31 | zł58.36 Million ≈ $16.06 Million |
-11.15% |
| 2019-12-31 | zł65.68 Million ≈ $18.08 Million |
+5.74% |
| 2018-12-31 | zł62.11 Million ≈ $17.09 Million |
+7.05% |
| 2017-12-31 | zł58.02 Million ≈ $15.97 Million |
+139.12% |
| 2016-12-31 | zł24.26 Million ≈ $6.68 Million |
+264.93% |
| 2015-12-31 | zł6.65 Million ≈ $1.83 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tower Investments 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 decreased by 843.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | zł1.56 Million | 109.45% |
| Other Comprehensive Income | zł13.48 Million | 945.56% |
| Other Components | zł29.80 Million | 2089.91% |
| Total Equity | zł1.43 Million | 100.00% |
Tower Investments SA Competitors by Market Cap
The table below lists competitors of Tower Investments SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Tinybuild Inc
LSE:TBLD
|
$610.10K |
|
Panther Securities P L C
LSE:PNS
|
$610.56K |
|
IO Biotech Inc
NASDAQ:IOBT
|
$611.57K |
|
Ivory Properties Group Bhd
KLSE:5175
|
$615.21K |
|
Pioneering Technology Corp
V:PTE
|
$608.10K |
|
IRWIN NATURALS INC.
F:97X
|
$606.63K |
|
Everyman Media Group plc
LSE:EMAN
|
$605.78K |
|
Smart Agro LP
TA:SMAG
|
$605.35K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tower Investments SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 34,143,517 to 1,425,997, a change of -32,717,520 (-95.8%).
- Net loss of 32,718,904 reduced equity.
- Other comprehensive income decreased equity by 5,333,087.
- Other factors increased equity by 5,334,471.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-32.72 Million | -2294.46% |
| Other Comprehensive Income | zł-5.33 Million | -373.99% |
| Other Changes | zł5.33 Million | +374.09% |
| Total Change | zł- | -95.82% |
Book Value vs Market Value Analysis
This analysis compares Tower Investments 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: 1.55x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.20x to 1.55x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | zł7.11 | zł1.43 | x |
| 2016-12-31 | zł24.70 | zł1.43 | x |
| 2017-12-31 | zł53.78 | zł1.43 | x |
| 2018-12-31 | zł40.20 | zł1.43 | x |
| 2019-12-31 | zł42.31 | zł1.43 | x |
| 2020-12-31 | zł37.67 | zł1.43 | x |
| 2021-12-31 | zł38.64 | zł1.43 | x |
| 2022-12-31 | zł32.03 | zł1.43 | x |
| 2023-12-31 | zł22.04 | zł1.43 | x |
| 2024-12-31 | zł0.92 | zł1.43 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tower Investments 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): -2294.46%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3041.10%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 19.38x
- Recent ROE (-2294.46%) is below the historical average (-226.20%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 45.81% | 119.35% | 0.31x | 1.26x | zł2.38 Million |
| 2016 | 30.77% | 84.58% | 0.24x | 1.51x | zł4.93 Million |
| 2017 | 19.25% | 41.39% | 0.21x | 2.18x | zł5.37 Million |
| 2018 | 6.67% | 9.58% | 0.44x | 1.60x | zł-2.07 Million |
| 2019 | 8.10% | 13.66% | 0.35x | 1.69x | zł-1.25 Million |
| 2020 | -12.63% | -37.99% | 0.17x | 1.98x | zł-13.20 Million |
| 2021 | -0.81% | -0.96% | 0.48x | 1.73x | zł-6.47 Million |
| 2022 | -19.41% | -36.25% | 0.31x | 1.72x | zł-14.59 Million |
| 2023 | -45.35% | -198.53% | 0.09x | 2.46x | zł-18.90 Million |
| 2024 | -2294.46% | -3041.10% | 0.04x | 19.38x | zł-32.86 Million |
Industry Comparison
This section compares Tower Investments SA's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $741,295,400
- Average return on equity (ROE) among peers: 5.74%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tower Investments SA (TOW) | zł2.94 Million | 45.81% | 8.75x | $609.86K |
| Atal SA (1AT) | $1.74 Billion | 16.99% | 1.18x | $702.45 Million |
| Archicom S.A. (ARH) | $543.44 Million | 17.65% | 1.54x | $803.34 Million |
| BBI Development S.A. (BBD) | $208.05 Million | -4.35% | 1.05x | $14.58 Million |
| Cavatina Holding S.A. (CAV) | $1.18 Billion | 0.92% | 1.97x | $91.32 Million |
| Czerwona Torebka (CZT) | $658.09 Million | -19.73% | 0.68x | $16.52 Million |
| Dom Development S.A. (DOM) | $1.08 Billion | 23.61% | 1.73x | $1.65 Billion |
| Develia S.A (DVL) | $1.32 Billion | -10.53% | 1.14x | $1.26 Billion |
| Inpro SA (INP) | $228.82 Million | 10.88% | 0.61x | $83.20 Million |
| KCI SA (KCI) | $327.48 Million | 5.49% | 0.23x | $16.80 Million |
| Lokum Deweloper SA (LKD) | $123.55 Million | 16.48% | 0.40x | $108.98 Million |
About Tower Investments SA
Tower Investments S.A. engages in the real estate development business in Poland. The company develops multifunctional residential and commercial properties. It also develops and owns shopping malls and retail parks under the SHOPIN brand name. The company was founded in 2005 and is based in Warsaw, Poland.