Votum SA (VOT) - Net Assets
Based on the latest financial reports, Votum SA (VOT) has net assets worth zł415.56 Million PLN (≈ $114.37 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł694.71 Million ≈ $191.19 Million USD) and total liabilities (zł279.15 Million ≈ $76.83 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 Votum SA (VOT) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | zł415.56 Million |
| % of Total Assets | 59.82% |
| Annual Growth Rate | 33.6% |
| 5-Year Change | 458.04% |
| 10-Year Change | 1119.24% |
| Growth Volatility | 54.85 |
Votum SA - Net Assets Trend (2009–2025)
This chart illustrates how Votum SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see VOT market cap.
Annual Net Assets for Votum SA (2009–2025)
The table below shows the annual net assets of Votum SA from 2009 to 2025. Also explore Votum SA net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | zł387.93 Million ≈ $106.76 Million |
+18.65% |
| 2024-12-31 | zł326.95 Million ≈ $89.98 Million |
+26.48% |
| 2023-12-31 | zł258.51 Million ≈ $71.15 Million |
+69.60% |
| 2022-12-31 | zł152.42 Million ≈ $41.95 Million |
+119.26% |
| 2021-12-31 | zł69.52 Million ≈ $19.13 Million |
+8.52% |
| 2020-12-31 | zł64.06 Million ≈ $17.63 Million |
+15.21% |
| 2019-12-31 | zł55.60 Million ≈ $15.30 Million |
+34.96% |
| 2018-12-31 | zł41.20 Million ≈ $11.34 Million |
+55.01% |
| 2017-12-31 | zł26.58 Million ≈ $7.31 Million |
-16.46% |
| 2016-12-31 | zł31.82 Million ≈ $8.76 Million |
+28.87% |
| 2015-12-31 | zł24.69 Million ≈ $6.80 Million |
+12.78% |
| 2014-12-31 | zł21.89 Million ≈ $6.02 Million |
+18.46% |
| 2013-12-31 | zł18.48 Million ≈ $5.09 Million |
-0.37% |
| 2012-12-31 | zł18.55 Million ≈ $5.10 Million |
+5.09% |
| 2011-12-31 | zł17.65 Million ≈ $4.86 Million |
+48.21% |
| 2010-12-31 | zł11.91 Million ≈ $3.28 Million |
+216.31% |
| 2009-12-31 | zł3.77 Million ≈ $1.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Votum 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 19869.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł374.83 Million | 98.19% |
| Common Stock | zł1.20 Million | 0.31% |
| Other Components | zł5.70 Million | 1.49% |
| Total Equity | zł381.74 Million | 100.00% |
Votum SA Competitors by Market Cap
The table below lists competitors of Votum SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GAMCO Natural Resources Gold and Income Closed Fund
NYSE:GNT
|
$144.20 Million |
|
KHVATEC Co.Ltd
KQ:060720
|
$144.20 Million |
|
Hooker Furniture Corporation
NASDAQ:HOFT
|
$144.21 Million |
|
Genovis AB (publ.)
ST:GENO
|
$144.32 Million |
|
Quirin Privatbank AG
F:QB7
|
$144.13 Million |
|
Zhong Yang Technology Co Ltd
TW:6668
|
$144.10 Million |
|
K2 Gold Corporation
V:KTO
|
$144.09 Million |
|
SHL Consolidated Bhd
KLSE:6017
|
$144.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Votum SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 321,828,000 to 381,735,000, a change of 59,907,000 (18.6%).
- Net income of 140,151,000 contributed positively to equity growth.
- Dividend payments of 81,774,000 reduced retained earnings.
- New share issuances of 101,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł140.15 Million | +36.71% |
| Dividends Paid | zł81.77 Million | -21.42% |
| Share Issuances | zł101.00K | +0.03% |
| Other Changes | zł1.43 Million | +0.37% |
| Total Change | zł- | 18.61% |
Book Value vs Market Value Analysis
This analysis compares Votum 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: 1.37x
- 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 122.54x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | zł0.36 | zł43.65 | x |
| 2010-12-31 | zł1.17 | zł43.65 | x |
| 2011-12-31 | zł1.44 | zł43.65 | x |
| 2012-12-31 | zł1.53 | zł43.65 | x |
| 2013-12-31 | zł1.52 | zł43.65 | x |
| 2014-12-31 | zł1.81 | zł43.65 | x |
| 2015-12-31 | zł2.04 | zł43.65 | x |
| 2016-12-31 | zł2.64 | zł43.65 | x |
| 2017-12-31 | zł2.20 | zł43.65 | x |
| 2018-12-31 | zł3.42 | zł43.65 | x |
| 2019-12-31 | zł4.61 | zł43.65 | x |
| 2020-12-31 | zł5.34 | zł43.65 | x |
| 2021-12-31 | zł5.74 | zł43.65 | x |
| 2022-12-31 | zł12.57 | zł43.65 | x |
| 2023-12-31 | zł21.26 | zł43.65 | x |
| 2024-12-31 | zł26.82 | zł43.65 | x |
| 2025-12-31 | zł31.81 | zł43.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Votum 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): 36.71%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.31%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.76x
- Recent ROE (36.71%) is below the historical average (38.67%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 104.21% | 9.29% | 2.27x | 4.95x | zł3.36 Million |
| 2010 | 45.29% | 11.14% | 1.76x | 2.30x | zł4.13 Million |
| 2011 | 30.48% | 10.85% | 1.48x | 1.90x | zł3.54 Million |
| 2012 | 30.75% | 10.85% | 1.54x | 1.84x | zł3.81 Million |
| 2013 | 28.00% | 8.87% | 1.47x | 2.15x | zł3.29 Million |
| 2014 | 43.71% | 12.81% | 1.63x | 2.09x | zł7.33 Million |
| 2015 | 59.66% | 15.83% | 1.85x | 2.04x | zł12.18 Million |
| 2016 | 39.92% | 12.85% | 1.51x | 2.06x | zł9.48 Million |
| 2017 | 11.96% | 3.35% | 1.31x | 2.72x | zł515.50K |
| 2018 | 20.18% | 7.87% | 1.11x | 2.30x | zł4.18 Million |
| 2019 | 31.31% | 12.22% | 1.33x | 1.93x | zł11.79 Million |
| 2020 | 13.54% | 5.76% | 1.31x | 1.79x | zł2.27 Million |
| 2021 | 14.61% | 5.15% | 1.48x | 1.92x | zł3.18 Million |
| 2022 | 60.35% | 30.13% | 1.11x | 1.81x | zł75.98 Million |
| 2023 | 51.71% | 34.08% | 0.87x | 1.74x | zł106.42 Million |
| 2024 | 35.07% | 27.71% | 0.70x | 1.81x | zł80.69 Million |
| 2025 | 36.71% | 30.31% | 0.69x | 1.76x | zł101.98 Million |
Industry Comparison
This section compares Votum SA's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $43,109,880
- Average return on equity (ROE) among peers: 14.22%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Votum SA (VOT) | zł415.56 Million | 104.21% | 0.67x | $144.16 Million |
| Labo Print SA (LAB) | $8.17 Million | 23.22% | 2.07x | $15.34 Million |
| Gielda Praw Majatkowych Vindexus S.A. (VIN) | $78.05 Million | 5.22% | 0.21x | $43.44 Million |
About Votum SA
Votum S.A. helps victims of traffic accidents in obtaining compensation from insurance companies. The company was founded in 2005 and is headquartered in Wroclaw, Poland