1. Poland Stocks

  2. •

    Producer manufacturing

  3. •

    Office equipment/Supplies
Grupa Forte Spolka Akcyjna

Grupa Forte Spolka Akcyjna

GGPW:FTE
13.90
PLN
-0.30
(-2.11%)
-0.53EPS
428.36MMarket Cap
Dec 10Next Earn
Grupa Forte Spolka Akcyjna
GPW:FTE
(Warsaw Stock Exchange)

Recent

price

13.90

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2024
2025
2026
TTM
PLN
19.82
22.2
23.6
28.02
34.58
40.13
45.62
45.81
46.27
49.17
48.47
55.43
53.21
43.19
46.08
50.69
50.87
Revenue per Share
1.23
1.62
1.45
2.43
3.16
3.55
4.62
3.23
6.09
1.89
2.07
4.63
3.74
-2.54
2.1
0.93
-0.5
Basic EPS, GAAP
-0.38
-0.81
3.01
3.37
1.43
3.29
-2.11
3.04
3.21
7.3
5.98
4.61
-0.88
2.25
4.15
3.29
1.43
Free Cash Flow per Basic Share
1
0.75
0.75
0.95
1.5
2
1
0.2
- -
- -
- -
4
2
- -
- -
0.07
- -
Dividend per Share
12.83
13.1
14.54
16.04
17.58
19.87
22.74
26.89
30.61
32.64
33.16
33.1
35.76
37.94
38.78
36.64
35.65
Book Value per Share
12.79
13.07
13.86
15.34
16.88
19.18
22.05
26.2
29.92
31.94
32.43
32.41
34.52
36.71
37.84
35.77
34.96
Tangible Book Value per Share
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
24
Basic Weighted Avg Shares
469
527
561
666
822
954
1,090
1,096
1,107
1,177
1,160
1,327
1,274
1,031
1,101
1,209
1,228
Sales/Revenue/Turnover
7.45
5.76
7.6
11.63
11.48
10.29
13.5
9.21
6.55
7.77
12.93
14.14
4.76
-1.52
5.3
3.87
0.99
Operating Margin (%)
16
14
16
17
17
20
23
27
45
57
56
55
55
55
56
56
57
Depreciation Expense
29
38
34
58
75
84
110
77
146
45
50
111
90
-61
50
22
-12
Net Income, GAAP
23.02
11.28
15.92
20.82
20.83
14.64
20.71
18.01
- -
40.16
40.56
26.95
- -
- -
18.97
47.76
287.7
Effective Tax Rate (%)
6.21
7.29
6.15
8.68
9.14
8.84
10.13
7.06
13.17
3.83
4.27
8.35
7.03
-5.88
4.56
1.83
-0.98
Profit Margin (%)
138
163
144
207
244
172
337
155
-394
-135
99
138
169
-5
364
108
96
Working Capital
31
74
32
60
89
31
392
528
1
190
256
268
276
38
290
38
38
LT Debt
308
314
349
385
421
478
547
647
736
781
796
795
858
910
930
878
854
Total Equity
7.74
10.9
8.67
13.09
14.87
15.56
15.06
7.35
- -
3.65
6.6
11.01
- -
- -
4.54
2.33
-2.51
Return on Invested Capital (%)
7.54
10.18
8.66
13.53
15.54
16.51
15.23
7.67
- -
3.96
4.41
10.8
- -
- -
5.3
2.43
-2.69
Return on Capital (%)
9.62
12.47
10.5
15.94
18.83
18.92
21.68
13.03
21.19
5.96
6.29
13.98
10.87
-6.87
5.47
2.46
-1.36
Return on Common Equity (%)

Capital Structure

PLN

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
37
211
202
LT Borrowings
180
3
2
LT Finance Leases
33
35
35
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
24
24
24
Market Capitalization
565
495
428

Working Capital

PLN

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
502
549
522
Cash, Cash Equivalents & STI
68
62
47
Accounts Receivable, Net
178
177
192
Inventories
235
235
265
Total Current Liabilities
202
441
426
Payables & Accruals
- -
- -
- -
ST Debt
37
211
202
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
6.48%
2.08%
-5.59%
Free Cash Flow
-72.71%
-86.72%
-20.8%
Net Income, GAAP
-27.17%
-60.37%
-55.79%
Sales/Revenue/Turnover
2.86%
1.59%
9.8%
Total Cash Common Dividend
- -
- -
85,600%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
251
228
294
329
1,101
2026
270
280
308
351
1,209
2027
288
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
-0.48
0.56
0.82
1.2
2.1
2026
0.47
1.4
0.32
-1.3
0.93
2027
-0.96
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
0.07
2027
- -
- -
- -
- -
- -
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Business
Fabryki Mebli FORTE S.A. is a leading Polish manufacturer and exporter of ready-to-assemble furniture, operating since 1992 and headquartered in Ostrów Mazowiecka, Poland. The company specializes in the design, production, and sale of furniture for living rooms, dining rooms, bedrooms, children’s rooms, hallways, studies, and kitchens, offering an extensive range of products including wall units, shelves, shelf framing, desks, tables, and kitchen furniture. It operates manufacturing facilities including a modern chipboard production plant in Suwałki and exports its products to over 40 countries worldwide. Recent significant developments include the recognition of its Project Management Office with a third-place award in the Polish PMO Award 2025, reflecting enhanced project management maturity, and ongoing strategic focus on innovation, sustainability, and business expansion. The company maintains a strong commitment to people and sustainable practices while continuing to consolidate its position in European markets through product quality enhancement and operational excellence. Fabryki Mebli FORTE S.A. also held its Annual General Meeting in 2025, confirming leadership and governance structure adjustments that underpin its corporate strategy going forward. Its core business segments encompass home and office furniture manufacturing, with an emphasis on self-assembly furniture solutions for a broad customer base across domestic and international markets. This description reflects the company’s comprehensive product portfolio, geographic footprint, recent strategic initiatives, and ongoing corporate developments as of late 2025.