Wirtualna Polska Holding SA (WPL) - Net Assets

Latest as of March 2026: zł930.05 Million PLN ≈ $255.96 Million USD

Based on the latest financial reports, Wirtualna Polska Holding SA (WPL) has net assets worth zł930.05 Million PLN (≈ $255.96 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 (zł4.17 Billion ≈ $1.15 Billion USD) and total liabilities (zł3.24 Billion ≈ $890.84 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 Wirtualna Polska Holding SA strategic asset allocation index to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	zł930.05 Million
% of Total Assets	22.32%
Annual Growth Rate	22.2%
5-Year Change	24.78%
10-Year Change	126.93%
Growth Volatility	60.74

Wirtualna Polska Holding SA - Net Assets Trend (2012–2025)

This chart illustrates how Wirtualna Polska Holding SA's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see market cap of Wirtualna Polska Holding SA.

Annual Net Assets for Wirtualna Polska Holding SA (2012–2025)

The table below shows the annual net assets of Wirtualna Polska Holding SA from 2012 to 2025. Also explore Wirtualna Polska Holding SA equity growth rate to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2025-12-31	zł927.53 Million ≈ $255.27 Million	-8.39%
2024-12-31	zł1.01 Billion ≈ $278.64 Million	+10.55%
2023-12-31	zł915.83 Million ≈ $252.05 Million	-0.76%
2022-12-31	zł922.87 Million ≈ $253.99 Million	+24.16%
2021-12-31	zł743.31 Million ≈ $204.57 Million	+24.36%
2020-12-31	zł597.69 Million ≈ $164.49 Million	+16.48%
2019-12-31	zł513.13 Million ≈ $141.22 Million	+9.70%
2018-12-31	zł467.76 Million ≈ $128.73 Million	+11.39%
2017-12-31	zł419.93 Million ≈ $115.57 Million	+2.74%
2016-12-31	zł408.73 Million ≈ $112.49 Million	+14.30%
2015-12-31	zł357.58 Million ≈ $98.41 Million	+45.60%
2014-12-31	zł245.59 Million ≈ $67.59 Million	+235.87%
2013-12-31	zł73.12 Million ≈ $20.12 Million	+6.76%
2012-12-31	zł68.49 Million ≈ $18.85 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Wirtualna Polska Holding 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 680.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	zł531.42 Million	60.92%
Common Stock	zł1.49 Million	0.17%
Other Comprehensive Income	zł-1.31 Million	-0.15%
Other Components	zł340.67 Million	39.06%
Total Equity	zł872.27 Million	100.00%

Wirtualna Polska Holding SA Competitors by Market Cap

The table below lists competitors of Wirtualna Polska Holding SA ranked by their market capitalization.

Company	Market Cap
Sikarin Public Company Limited BK:SKR	$491.71 Million
Intermedia Capital Tbk JK:MDIA	$491.75 Million
SML Isuzu Limited NSE:SMLISUZU	$491.77 Million
Boryung Pharm KO:003850	$491.79 Million
Petpal Pet Nutrition Technology Co Ltd SHE:300673	$491.44 Million
Jiangsu Changqing Agrochemical Co Ltd SHE:002391	$491.44 Million
Indonesian Paradise Property JK:INPP	$491.41 Million
SSAW Hotels & Resorts Group Co.Ltd. SHE:301073	$491.41 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Wirtualna Polska Holding SA's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 969,229,000 to 872,274,000, a change of -96,955,000 (-10.0%).
Net loss of 34,118,000 reduced equity.
Dividend payments of 65,506,000 reduced retained earnings.
New share issuances of 3,061,000 increased equity.
Other comprehensive income decreased equity by 316,168,000.
Other factors increased equity by 315,776,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	zł-34.12 Million	-3.91%
Dividends Paid	zł65.51 Million	-7.51%
Share Issuances	zł3.06 Million	+0.35%
Other Comprehensive Income	zł-316.17 Million	-36.25%
Other Changes	zł315.78 Million	+36.2%
Total Change	zł-	-10.00%

Book Value vs Market Value Analysis

This analysis compares Wirtualna Polska Holding 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: 2.05x
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 6.62x to 2.05x 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	zł9.06	zł60.00	x
2013-12-31	zł9.27	zł60.00	x
2014-12-31	zł9.39	zł60.00	x
2015-12-31	zł12.40	zł60.00	x
2016-12-31	zł13.72	zł60.00	x
2017-12-31	zł13.82	zł60.00	x
2018-12-31	zł15.72	zł60.00	x
2019-12-31	zł17.18	zł60.00	x
2020-12-31	zł19.94	zł60.00	x
2021-12-31	zł24.75	zł60.00	x
2022-12-31	zł29.53	zł60.00	x
2023-12-31	zł29.87	zł60.00	x
2024-12-31	zł32.76	zł60.00	x
2025-12-31	zł29.31	zł60.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Wirtualna Polska Holding 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): -3.91%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -1.54%
• Asset Turnover: 0.57x
• Equity Multiplier: 4.48x
Recent ROE (-3.91%) is below the historical average (11.16%), 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	10.61%	17.97%	0.54x	1.10x	zł417.40K
2013	2.31%	4.22%	0.45x	1.22x	zł-5.39 Million
2014	1.62%	1.89%	0.35x	2.43x	zł-19.61 Million
2015	1.27%	1.33%	0.43x	2.19x	zł-29.86 Million
2016	13.70%	12.95%	0.49x	2.17x	zł14.53 Million
2017	8.82%	7.59%	0.52x	2.23x	zł-4.72 Million
2018	16.17%	13.03%	0.53x	2.33x	zł28.21 Million
2019	13.78%	9.74%	0.62x	2.29x	zł18.91 Million
2020	13.38%	12.42%	0.51x	2.12x	zł19.85 Million
2021	25.07%	20.95%	0.69x	1.73x	zł109.83 Million
2022	19.60%	15.82%	0.54x	2.31x	zł83.53 Million
2023	17.68%	10.84%	0.69x	2.37x	zł67.68 Million
2024	16.08%	9.94%	0.68x	2.37x	zł58.95 Million
2025	-3.91%	-1.54%	0.57x	4.48x	zł-121.35 Million

Industry Comparison

This section compares Wirtualna Polska Holding SA's net assets metrics with peer companies in the Advertising Agencies industry.

Industry Context

Industry: Advertising Agencies
Average net assets among peers: $22,408,757
Average return on equity (ROE) among peers: 6.64%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Wirtualna Polska Holding SA (WPL)	zł930.05 Million	10.61%	3.48x	$491.68 Million
Digital Network S.A. (DIG)	$32.97 Million	14.60%	0.15x	$462.43 Million
Digitree Group S.A (DTR)	$15.43 Million	0.32%	1.61x	$8.28 Million
IMS SA (IMS)	$16.59 Million	41.52%	0.83x	$23.43 Million
Larq SA (LRQ)	$24.64 Million	-29.87%	0.86x	$10.76 Million

About Wirtualna Polska Holding SA

WAR:WPL Poland Advertising Agencies

Market Cap

$491.68 Million

zł1.79 Billion PLN

Market Cap Rank

#12355 Global

#63 in Poland

Share Price

zł60.00

Change (1 day)

+1.69%

52-Week Range

zł47.00 - zł66.80

All Time High

zł146.72