1. Poland Stocks

  2. •

    Producer manufacturing

  3. •

    Miscellaneous manufacturing
Mennica Polska S.A.

Mennica Polska S.A.

GGPW:MNC
37.90
PLN
-0.60
(-1.56%)
12.02EPS
3.73P/E
2.01BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
17.47
15.48
15.08
17.25
18.13
20.27
13.09
18.45
25.63
25.1
24.14
27.19
35.81
51.28
Basic EPS, GAAP
1.88
-2.88
0.72
0.92
2.43
1.32
0.02
1.13
1.7
0.67
1.79
1.53
9.77
10.55
Free Cash Flow per Basic Share
0.58
0.4
0.57
0.4
-0.88
0.25
1.1
-0.6
0.41
-0.04
3.24
0.77
5.91
6.01
Dividend per Share
0.5
0.45
0.4
0.5
0.7
1
1
0.5
0.7
0.7
0.1
1.25
1.1
0.5
Book Value per Share
11.47
8.27
8.35
8.03
10.55
10.86
9.88
10.5
11.51
11.48
13.17
13.45
22.18
22.65
Tangible Book Value per Share
9.15
6.06
6
5.7
8.35
10.58
9.48
10.14
11.13
11.11
12.81
13.11
21.87
22.32
Basic Weighted Avg Shares
52
51
51
51
51
51
51
51
51
51
51
51
51
51
Sales/Revenue/Turnover
905
797
774
882
927
1,037
669
943
1,309
1,282
1,233
1,389
1,826
2,615
Operating Margin (%)
1.56
2.92
3.85
2.94
2.92
7.95
4.47
8.86
6.71
3.55
9.24
7.93
5.58
12.43
Depreciation Expense
31
25
20
19
18
23
21
21
22
19
20
22
34
56
Net Income, GAAP
97
-148
37
47
124
67
1
58
87
34
92
78
498
538
Effective Tax Rate (%)
12.98
- -
24.91
- -
14.49
30.75
112.46
19.36
20.79
14.25
17.1
19.44
6.68
9.76
Profit Margin (%)
10.76
-18.6
4.78
5.32
13.4
6.5
0.14
6.13
6.65
2.69
7.42
5.61
27.28
20.57
Working Capital
401
-15
-28
-181
237
280
235
240
296
286
393
288
8
237
LT Debt
91
146
121
- -
- -
- -
7
11
11
11
10
9
14
643
Total Equity
652
477
483
468
597
611
558
587
641
638
750
780
1,688
1,322
Return on Invested Capital (%)
4.7
- -
5.73
- -
16.9
9.12
-0.47
9.76
10.06
6.2
11.87
9.04
8.06
18.02
Return on Capital (%)
13.06
- -
6.23
- -
20.77
11.52
0.44
9.65
12.76
5.74
8.97
7.25
35.72
32.45
Return on Common Equity (%)
16.53
-29.22
8.71
11.2
26.15
12.31
0.18
11.1
15.47
5.87
14.54
11.46
54.83
57.84

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
201
159
109
LT Borrowings
- -
- -
628
LT Finance Leases
14
15
15
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
51
51
51
Market Capitalization
2,453
2,336
2,009

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
932
944
745
Cash, Cash Equivalents & STI
68
65
71
Accounts Receivable, Net
82
104
92
Inventories
729
741
570
Total Current Liabilities
923
920
508
Payables & Accruals
- -
- -
- -
ST Debt
201
159
109
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
17%
29.32%
116.36%
Free Cash Flow
-748.94%
-1,439.23%
661.98%
Net Income, GAAP
670.08%
136.04%
539.41%
Sales/Revenue/Turnover
11.33%
15.4%
31.49%
Total Cash Common Dividend
- -
218.39%
-12.15%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
328
380
320
362
1,389
2025
403
409
425
595
1,826
2026
727
869
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.37
0.48
0.49
0.18
1.53
2025
0.78
0.7
7.97
0.31
9.77
2026
0.54
1.73
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.25
2025
- -
- -
- -
0.5
1.1
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Katarzyna Budnicka
Full Time Employees
408
Sector
Producer manufacturing
Industry
Miscellaneous manufacturing
Address
ul. Ciasna 6 Warsaw MZ Poland 00-232
IPO Date
Apr 7, 1998
Website
mennica.com.pl
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Business
Mennica Polska S.A. (WSE: MNC) operates as a diversified mint and financial services provider, specializing in the production and distribution of coins, numismatic products, and engraved items; electronic payment systems; and real estate development in Poland and internationally. Founded in 1766 and headquartered at ul. Ciasna 6 in Warsaw, Poland, the company manufactures circulation and collector coins for the National Bank of Poland, commemorative medals, official and heraldic seals, high-quality insignia, gold and silver bullion bars as the sole producer of investment gold in Poland, precious metal powders for electronics and polychromy, gold/platinum paints for glass/porcelain decoration, half-finished jewelry products, and laboratory equipment; it also provides security services, IT maintenance, industrial waste utilization, urban transport ticketing via municipal card systems in major cities including Warsaw, Wrocław, Lublin, Bydgoszcz, and Łódź, parking payments, prepaid cards, and real estate leasing alongside development projects such as the Bulwary Praskie investment and a 27-hectare plot in Warsaw's Żerań. The company conducts its operations through three main segments: Mint Products, Electronic Payments, and Real Estate Development, serving foreign central banks, collectors, investors, local governments, corporations, and private individuals primarily in Poland with exports of mint products globally. Subsidiaries include Mennica Invest Sp. z o.o., Mennica Ochrona Sp. z o.o., Mennica-Metale Szlachetne SA, and Skarbiec Mennicy Polskiej SA. Recent developments include strong financial performance with Q1 2025 sales revenue of PLN 402.9 million (up 23% year-over-year), net profit of PLN 39.2 million, and EBITDA of PLN 44 million driven by mint and electronic payments growth alongside real estate construction; acquisition of control over the Mennica Legacy Tower office complex (rebranded Mennica Towers) in September 2025 via a share takeover settling EUR 135 million in liabilities; and ongoing expansion in real estate with preliminary sales for Bulwary Praskie.