Vigo System SA (VGO) - Net Assets
Based on the latest financial reports, Vigo System SA (VGO) has net assets worth zł157.19 Million PLN (≈ $43.26 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł210.92 Million ≈ $58.05 Million USD) and total liabilities (zł53.73 Million ≈ $14.79 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 VGO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł157.19 Million |
| % of Total Assets | 74.52% |
| Annual Growth Rate | 19.02% |
| 5-Year Change | 18.12% |
| 10-Year Change | 317.27% |
| Growth Volatility | 17.51 |
Vigo System SA - Net Assets Trend (2012–2025)
This chart illustrates how Vigo System SA's net assets have evolved over time, based on quarterly financial data. See VGO defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Vigo System SA (2012–2025)
The table below shows the annual net assets of Vigo System SA from 2012 to 2025. For live valuation and market cap data, see Vigo System SA market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł157.19 Million ≈ $43.26 Million |
-7.83% |
| 2024-12-31 | zł170.54 Million ≈ $46.94 Million |
-13.95% |
| 2023-12-31 | zł198.18 Million ≈ $54.54 Million |
+43.07% |
| 2022-12-31 | zł138.52 Million ≈ $38.12 Million |
+4.10% |
| 2021-12-31 | zł133.07 Million ≈ $36.62 Million |
+32.30% |
| 2020-12-31 | zł100.58 Million ≈ $27.68 Million |
+47.78% |
| 2019-12-31 | zł68.06 Million ≈ $18.73 Million |
+25.53% |
| 2018-12-31 | zł54.22 Million ≈ $14.92 Million |
+31.59% |
| 2017-12-31 | zł41.20 Million ≈ $11.34 Million |
+9.38% |
| 2016-12-31 | zł37.67 Million ≈ $10.37 Million |
+24.23% |
| 2015-12-31 | zł30.32 Million ≈ $8.35 Million |
+21.51% |
| 2014-12-31 | zł24.96 Million ≈ $6.87 Million |
+27.47% |
| 2013-12-31 | zł19.58 Million ≈ $5.39 Million |
+19.77% |
| 2012-12-31 | zł16.35 Million ≈ $4.50 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Vigo System 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 303.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | zł172.28 Million | 109.60% |
| Total Equity | zł157.19 Million | 100.00% |
Vigo System SA Competitors by Market Cap
The table below lists competitors of Vigo System SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Peninsula Energy Ltd
AU:PEN
|
$132.91 Million |
|
Chongkundang
KO:001630
|
$132.92 Million |
|
Hsin Kao Gas Co Ltd
TW:9931
|
$132.92 Million |
|
Ifishdeco PT
JK:IFSH
|
$132.97 Million |
|
ANDHRA PAPER LIMITED
NSE:ANDHRAPAP
|
$132.84 Million |
|
MEDIFAST INC
NYSE:MED
|
$132.76 Million |
|
Hecto Innovation Co. Ltd.
KQ:214180
|
$132.71 Million |
|
Chenghe Acquisition III Co. Class A Ordinary Share
NASDAQ:CHEC
|
$132.67 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vigo System SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 170,542,000 to 157,185,000, a change of -13,357,000 (-7.8%).
- Net loss of 15,095,000 reduced equity.
- Other factors increased equity by 1,738,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł-15.10 Million | -9.6% |
| Other Changes | zł1.74 Million | +1.11% |
| Total Change | zł- | -7.83% |
Book Value vs Market Value Analysis
This analysis compares Vigo System 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: 3.07x
- 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 23.44x to 3.07x 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 | zł23.55 | zł552.00 | x |
| 2013-12-31 | zł28.21 | zł552.00 | x |
| 2014-12-31 | zł34.23 | zł552.00 | x |
| 2015-12-31 | zł41.60 | zł552.00 | x |
| 2016-12-31 | zł51.67 | zł552.00 | x |
| 2017-12-31 | zł56.52 | zł552.00 | x |
| 2018-12-31 | zł74.38 | zł552.00 | x |
| 2019-12-31 | zł93.36 | zł552.00 | x |
| 2020-12-31 | zł137.97 | zł552.00 | x |
| 2021-12-31 | zł179.89 | zł552.00 | x |
| 2022-12-31 | zł189.99 | zł552.00 | x |
| 2023-12-31 | zł271.85 | zł552.00 | x |
| 2024-12-31 | zł194.95 | zł552.00 | x |
| 2025-12-31 | zł179.68 | zł552.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vigo System 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): -9.60%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -16.23%
- • Asset Turnover: 0.44x
- • Equity Multiplier: 1.34x
- Recent ROE (-9.60%) is below the historical average (20.19%), 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 | 45.33% | 38.62% | 0.70x | 1.67x | zł5.77 Million |
| 2013 | 35.44% | 33.60% | 0.72x | 1.47x | zł4.98 Million |
| 2014 | 29.20% | 35.59% | 0.62x | 1.33x | zł4.79 Million |
| 2015 | 31.22% | 36.99% | 0.66x | 1.28x | zł6.44 Million |
| 2016 | 26.56% | 39.14% | 0.51x | 1.34x | zł6.24 Million |
| 2017 | 23.16% | 35.11% | 0.48x | 1.37x | zł5.42 Million |
| 2018 | 24.01% | 34.80% | 0.41x | 1.66x | zł7.60 Million |
| 2019 | 20.40% | 32.37% | 0.34x | 1.88x | zł7.08 Million |
| 2020 | 32.36% | 60.89% | 0.32x | 1.66x | zł22.49 Million |
| 2021 | 23.26% | 42.67% | 0.33x | 1.67x | zł17.39 Million |
| 2022 | 5.21% | 10.64% | 0.27x | 1.83x | zł-6.63 Million |
| 2023 | -1.50% | -3.96% | 0.23x | 1.63x | zł-22.80 Million |
| 2024 | -2.39% | -5.21% | 0.36x | 1.29x | zł-21.14 Million |
| 2025 | -9.60% | -16.23% | 0.44x | 1.34x | zł-30.81 Million |
Industry Comparison
This section compares Vigo System SA's net assets metrics with peer companies in the Electronic Components industry.
No peer company data available for comparison.
About Vigo System SA
VIGO Photonics S.A. manufactures and sells semiconductor materials, and devices for photonic and microelectronic applications worldwide. It offers epi-wafers; infrared detectors comprising photoconductive, multi-channel, photovoltaic, and superlattice detectors; and infrared detection modules. The company's products are used in defense and security, environmental protection, healthcare, transport… Read more