Wikana SA
Wikana S.A. engages in the real estate development business in Poland. It offers apartments; and provides property management services. The company was formerly known as Masters S.A. and changed its name to Wikana S.A. in March 2009. The company was founded in 1994 and is based in Lublin, Poland.
Wikana SA (WIK) - Net Assets
Latest net assets as of September 2025: zł155.70 Million PLN
Based on the latest financial reports, Wikana SA (WIK) has net assets worth zł155.70 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 (zł261.68 Million) and total liabilities (zł105.99 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 | zł155.70 Million |
| % of Total Assets | 59.5% |
| Annual Growth Rate | 7.73% |
| 5-Year Change | 212.96% |
| 10-Year Change | 253.31% |
| Growth Volatility | 30.72 |
Wikana SA - Net Assets Trend (2008–2024)
This chart illustrates how Wikana 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 Wikana SA (2008–2024)
The table below shows the annual net assets of Wikana SA from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | zł149.47 Million | +43.49% |
| 2023-12-31 | zł104.17 Million | +12.41% |
| 2022-12-31 | zł92.67 Million | +14.23% |
| 2021-12-31 | zł81.12 Million | +69.85% |
| 2020-12-31 | zł47.76 Million | +11.74% |
| 2019-12-31 | zł42.74 Million | +1.47% |
| 2018-12-31 | zł42.12 Million | -9.33% |
| 2017-12-31 | zł46.46 Million | +2.47% |
| 2016-12-31 | zł45.34 Million | +7.17% |
| 2015-12-31 | zł42.30 Million | +0.19% |
| 2014-12-31 | zł42.23 Million | -30.59% |
| 2013-12-31 | zł60.83 Million | -43.93% |
| 2012-12-31 | zł108.48 Million | -10.47% |
| 2011-12-31 | zł121.17 Million | +18.62% |
| 2010-12-31 | zł102.15 Million | +27.12% |
| 2009-12-31 | zł80.36 Million | +76.92% |
| 2008-12-31 | zł45.42 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Wikana 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 67.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | zł2.01 Million | 1.34% |
| Common Stock | zł39.51 Million | 26.44% |
| Other Comprehensive Income | zł107.92 Million | 72.22% |
| Total Equity | zł149.44 Million | 100.00% |
Wikana SA Competitors by Market Cap
The table below lists competitors of Wikana SA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bawat Water Technologies AB
ST:BAWAT
|
$4.45 Million |
|
Kandal M Venture Limited Class A Ordinary Shares
NASDAQ:FMFC
|
$4.46 Million |
|
Elve S.A
AT:ELBE
|
$4.46 Million |
|
CMO Public Company Limited
BK:CMO
|
$4.46 Million |
|
Kota Satu Properti Tbk PT
JK:SATU
|
$4.45 Million |
|
Mountain Lake Acquisition Corp. Right
NASDAQ:MLACR
|
$4.45 Million |
|
Iceni Gold Ltd
AU:ICL
|
$4.45 Million |
|
Sabuy Connext Tech PCL
BK:SBNEXT
|
$4.45 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Wikana SA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 104,155,000 to 149,440,000, a change of 45,285,000 (43.5%).
- Net income of 52,193,000 contributed positively to equity growth.
- Dividend payments of 7,902,000 reduced retained earnings.
- Share repurchases of 624,000 reduced equity.
- Other comprehensive income increased equity by 20,837,000.
- Other factors decreased equity by 19,219,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | zł52.19 Million | +34.93% |
| Dividends Paid | zł7.90 Million | -5.29% |
| Share Repurchases | zł624.00K | -0.42% |
| Other Comprehensive Income | zł20.84 Million | +13.94% |
| Other Changes | zł-19.22 Million | -12.86% |
| Total Change | zł- | 43.48% |
Book Value vs Market Value Analysis
This analysis compares Wikana 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: 1.01x
- 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 0.60x to 1.01x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | zł12.78 | zł7.65 | x |
| 2009-12-31 | zł4.78 | zł7.65 | x |
| 2010-12-31 | zł5.97 | zł7.65 | x |
| 2011-12-31 | zł7.21 | zł7.65 | x |
| 2012-12-31 | zł6.47 | zł7.65 | x |
| 2013-12-31 | zł3.62 | zł7.65 | x |
| 2014-12-31 | zł2.39 | zł7.65 | x |
| 2015-12-31 | zł2.12 | zł7.65 | x |
| 2016-12-31 | zł2.26 | zł7.65 | x |
| 2017-12-31 | zł2.32 | zł7.65 | x |
| 2018-12-31 | zł2.10 | zł7.65 | x |
| 2019-12-31 | zł2.16 | zł7.65 | x |
| 2020-12-31 | zł2.40 | zł7.65 | x |
| 2021-12-31 | zł4.10 | zł7.65 | x |
| 2022-12-31 | zł4.69 | zł7.65 | x |
| 2023-12-31 | zł5.27 | zł7.65 | x |
| 2024-12-31 | zł7.56 | zł7.65 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Wikana 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): 34.93%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 32.78%
- • Asset Turnover: 0.69x
- • Equity Multiplier: 1.55x
- Recent ROE (34.93%) is above the historical average (4.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 3.39% | 5.05% | 0.37x | 1.79x | zł-2.99 Million |
| 2009 | 14.61% | 9.67% | 0.80x | 1.89x | zł3.70 Million |
| 2010 | 19.96% | 18.34% | 0.52x | 2.09x | zł10.00 Million |
| 2011 | 14.87% | 15.62% | 0.40x | 2.36x | zł5.90 Million |
| 2012 | 4.62% | 5.33% | 0.29x | 2.97x | zł-5.84 Million |
| 2013 | -31.62% | -24.38% | 0.29x | 4.49x | zł-25.32 Million |
| 2014 | -72.96% | -42.32% | 0.32x | 5.35x | zł-35.10 Million |
| 2015 | 0.29% | 0.13% | 0.46x | 4.72x | zł-4.12 Million |
| 2016 | 5.97% | 3.70% | 0.36x | 4.49x | zł-1.83 Million |
| 2017 | 2.43% | 1.64% | 0.35x | 4.28x | zł-3.52 Million |
| 2018 | -10.29% | -9.90% | 0.19x | 5.48x | zł-8.55 Million |
| 2019 | 2.07% | 1.15% | 0.33x | 5.51x | zł-3.39 Million |
| 2020 | 10.63% | 7.07% | 0.28x | 5.28x | zł303.10K |
| 2021 | 44.78% | 26.28% | 0.64x | 2.67x | zł28.21 Million |
| 2022 | 17.36% | 21.29% | 0.30x | 2.69x | zł6.82 Million |
| 2023 | 15.70% | 20.43% | 0.29x | 2.67x | zł5.94 Million |
| 2024 | 34.93% | 32.78% | 0.69x | 1.55x | zł37.25 Million |
Industry Comparison
This section compares Wikana 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: $582,665,800
- Average return on equity (ROE) among peers: 15.98%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Wikana SA (WIK) | zł155.70 Million | 3.39% | 0.68x | $4.45 Million |
| Atal SA (1AT) | $857.27 Million | 23.41% | 1.18x | $138.50 Million |
| Archicom S.A. (ARH) | $631.25 Million | 19.95% | 1.14x | $172.29 Million |
| BBI Development SA (BBD) | $263.87 Million | 0.84% | 1.14x | $7.92 Million |
| Cavatina Holding S.A. (CAV) | $378.49 Million | 40.00% | 1.76x | $26.33 Million |
| Czerwona Torebka (CZT) | $512.97 Million | 10.79% | 0.27x | $494.63K |
| Dom Development S.A. (DOM) | $856.54 Million | 6.35% | 1.02x | $593.81 Million |
| Develia S.A (DVL) | $1.40 Billion | 10.99% | 1.32x | $1.04 Billion |
| Inpro SA (INP) | $228.82 Million | 10.88% | 0.61x | $26.50 Million |
| KCI SA (KCI) | $454.08 Million | 18.95% | 0.20x | $5.30 Million |
| Lokum Deweloper SA (LKD) | $242.97 Million | 17.62% | 0.59x | $12.64 Million |