X Trade Brokers Dom Maklerski SA

WAR:XTB Poland Capital Markets
Market Cap
$2.67 Billion
zł11.09 Billion PLN
Market Cap Rank
#5836 Global
#20 in Poland
Share Price
zł94.42
Change (1 day)
+1.46%
52-Week Range
zł65.60 - zł95.86
All Time High
zł95.86
About

XTB S.A., together with its subsidiaries, provides ETF, currency derivatives, commodities, indices, stocks, and bonds brokerage services in Central and Eastern Europe, Western Europe, Latin America, and the Middle East. It operates in two segments, Retail Operations and Institutional Activity. The Retail operations segment engages in the provision of trading in financial instruments for individua… Read more

X Trade Brokers Dom Maklerski SA (XTB) - Net Assets

Latest net assets as of September 2025: zł1.82 Billion PLN

Based on the latest financial reports, X Trade Brokers Dom Maklerski SA (XTB) has net assets worth zł1.82 Billion PLN as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (zł8.33 Billion) and total liabilities (zł6.51 Billion). 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 zł1.82 Billion
% of Total Assets 21.84%
Annual Growth Rate 12.59%
5-Year Change 125.56%
10-Year Change 435.66%
Growth Volatility 31.07

X Trade Brokers Dom Maklerski SA - Net Assets Trend (2013–2024)

This chart illustrates how X Trade Brokers Dom Maklerski 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 X Trade Brokers Dom Maklerski SA (2013–2024)

The table below shows the annual net assets of X Trade Brokers Dom Maklerski SA from 2013 to 2024.

Year Net Assets Change
2024-12-31 zł2.00 Billion +15.51%
2023-12-31 zł1.73 Billion +15.18%
2022-12-31 zł1.51 Billion +64.50%
2021-12-31 zł915.56 Million +3.07%
2020-12-31 zł888.30 Million +81.01%
2019-12-31 zł490.74 Million +7.82%
2018-12-31 zł455.16 Million +13.69%
2017-12-31 zł400.34 Million +12.49%
2016-12-31 zł355.89 Million -4.85%
2015-12-31 zł374.05 Million -41.93%
2014-12-31 zł644.11 Million +18.45%
2013-12-31 zł543.76 Million --

Equity Component Analysis

This analysis shows how different components contribute to X Trade Brokers Dom Maklerski 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 1045.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings zł870.50 Million 43.45%
Common Stock zł5.88 Million 0.29%
Other Components zł1.13 Billion 56.26%
Total Equity zł2.00 Billion 100.00%

X Trade Brokers Dom Maklerski SA Competitors by Market Cap

The table below lists competitors of X Trade Brokers Dom Maklerski SA ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in X Trade Brokers Dom Maklerski SA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 1,734,663,000 to 2,003,521,000, a change of 268,858,000 (15.5%).
  • Net income of 857,025,000 contributed positively to equity growth.
  • Dividend payments of 590,198,000 reduced retained earnings.
  • Share repurchases of 7,750,000 reduced equity.
  • New share issuances of 7,259,000 increased equity.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income zł857.02 Million +42.78%
Dividends Paid zł590.20 Million -29.46%
Share Repurchases zł7.75 Million -0.39%
Share Issuances zł7.26 Million +0.36%
Other Changes zł2.52 Million +0.13%
Total Change zł- 15.50%

Book Value vs Market Value Analysis

This analysis compares X Trade Brokers Dom Maklerski 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: 5.54x
  • 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 43.33x to 5.54x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2013-12-31 zł2.18 zł94.42 x
2014-12-31 zł2.85 zł94.42 x
2015-12-31 zł3.18 zł94.42 x
2016-12-31 zł3.03 zł94.42 x
2017-12-31 zł3.41 zł94.42 x
2018-12-31 zł3.88 zł94.42 x
2019-12-31 zł4.18 zł94.42 x
2020-12-31 zł7.57 zł94.42 x
2021-12-31 zł7.80 zł94.42 x
2022-12-31 zł12.83 zł94.42 x
2023-12-31 zł14.75 zł94.42 x
2024-12-31 zł17.04 zł94.42 x

Capital Efficiency Dashboard

This dashboard shows how efficiently X Trade Brokers Dom Maklerski 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): 42.78%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 43.40%
  • • Asset Turnover: 0.30x
  • • Equity Multiplier: 3.32x
  • Recent ROE (42.78%) is above the historical average (31.36%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2013 31.94% 33.34% 0.44x 2.17x zł56.28 Million
2014 22.96% 35.63% 0.33x 1.96x zł43.49 Million
2015 31.82% 40.63% 0.40x 1.94x zł81.63 Million
2016 21.83% 29.20% 0.33x 2.24x zł42.12 Million
2017 23.22% 32.25% 0.32x 2.24x zł52.94 Million
2018 22.29% 35.04% 0.30x 2.13x zł55.96 Million
2019 11.76% 24.05% 0.21x 2.32x zł8.63 Million
2020 45.26% 50.06% 0.35x 2.57x zł313.26 Million
2021 25.98% 37.05% 0.20x 3.44x zł146.27 Million
2022 50.87% 51.67% 0.36x 2.73x zł615.49 Million
2023 45.61% 47.32% 0.36x 2.70x zł617.71 Million
2024 42.78% 43.40% 0.30x 3.32x zł656.67 Million

Industry Comparison

This section compares X Trade Brokers Dom Maklerski SA's net assets metrics with peer companies in the Capital Markets industry.

Industry Context

  • Industry: Capital Markets
  • Average net assets among peers: $36,498,556
  • Average return on equity (ROE) among peers: -2.75%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
X Trade Brokers Dom Maklerski SA (XTB) zł1.82 Billion 31.94% 3.58x $1.50 Billion
Dom Maklerski IDM SA (IDM) $-850.62K 0.00% 0.00x $4.17 Million
INC S.A. (INC) $30.31 Million -8.37% 0.06x $5.76 Million
Ipopema Securities SA (IPE) $116.16 Million 11.28% 2.62x $21.49 Million
New Tech Capital S.A. (NTC) $15.78 Million 1.56% 0.54x $960.78K
Novavis Group SA (NVG) $5.55 Million -31.77% 5.14x $2.99 Million
Reino Capital SA (RNC) $52.04 Million 10.77% 0.32x $5.53 Million