1. Poland Stocks

  2. •

    Finance

  3. •

    Finance/Rental/Leasing
M.W. Trade Spolke Akcyjna

M.W. Trade Spolke Akcyjna

GGPW:MWT
2.50
PLN
-0.08
(-3.10%)
-3.18EPS
11.13MMarket 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
7.31
8.38
9.18
6.96
4.87
3.29
1.56
0.48
0.21
0.5
0.28
0.21
1.63
2.04
Basic EPS, GAAP
1.68
2.05
2.31
1.51
0.93
0.24
-0.25
-0.46
-0.07
-0.69
-0.89
-1.28
-2.52
-2.43
Free Cash Flow per Basic Share
-13.18
10.09
-1.67
12.17
8.94
14.01
12.9
0.55
4.56
1.07
-2.13
-3.57
-3.14
-2.35
Dividend per Share
0.53
0.83
1.02
1.15
0.75
0.46
- -
2.1
- -
- -
- -
- -
- -
- -
Book Value per Share
7.54
8.73
10.03
10.39
10.56
10.11
9.86
7.3
7.23
11.54
10.43
8.95
7.07
5.99
Tangible Book Value per Share
7.51
8.7
10
10.37
10.55
10.1
9.86
7.3
7.23
11.54
10.42
8.94
7
5.93
Basic Weighted Avg Shares
8
8
8
8
8
8
8
8
8
3
3
2
2
3
Sales/Revenue/Turnover
61
70
77
58
41
28
13
4
2
1
1
- -
3
5
Operating Margin (%)
27.74
30.3
30.96
26.77
23.5
14.89
-0.13
-46.6
-122.95
-168.67
-467.37
-789.74
-175.31
-140.28
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
Net Income, GAAP
14
17
19
13
8
2
-2
-4
-1
-2
-2
-3
-5
-6
Effective Tax Rate (%)
19.07
19.26
19.08
19.11
19.4
59.26
492.22
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
22.92
24.44
25.2
21.7
19.01
7.42
-15.81
-95.38
-34
-137.88
-319.97
-599.57
-155.02
-119.52
Working Capital
2
-33
-79
25
-25
17
72
54
54
25
19
13
7
4
LT Debt
233
157
85
161
55
48
3
- -
- -
1
- -
- -
1
1
Total Equity
63
73
84
87
89
85
83
61
61
29
27
24
18
15
Return on Invested Capital (%)
4.15
4.42
4.98
3.42
2.56
0.89
-1.1
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
4.23
4.48
5.02
3.44
2.57
0.91
-1.6
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
24.09
25.16
24.67
14.8
8.85
2.37
-2.47
-5.34
-1
-3.93
-8.12
-11.35
-24.78
-32.65

Capital Structure

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
1
1
1
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
3
3
3
Market Capitalization
12
8
11

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
11
9
7
Cash, Cash Equivalents & STI
9
6
4
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
2
2
3
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-12.58%
-19.67%
-26.32%
Free Cash Flow
-53.68%
72.81%
-19.18%
Net Income, GAAP
-2.3%
47.76%
80.54%
Sales/Revenue/Turnover
22.72%
87.12%
598.29%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
1
2
3
2026
2
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.29
-0.28
-0.25
-0.28
-1.28
2025
-0.29
- -
-0.51
-0.89
-2.52
2026
-0.75
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Rafal Wasilewski
Full Time Employees
6
Sector
Finance
Industry
Finance/Rental/Leasing
Address
ul. PowstancOw Slaskich 125/200 Wroclaw DS Poland 53-317
IPO Date
Sep 28, 2007
Website
mwtrade.pl
Similar Companies
SoFi Technologies, Inc. (NASDAQ:SOFI)
Visa Inc. (NYSE:V)
Bajaj Finance Limited (NSE:BAJFINANCE)
Mastercard Incorporated (NYSE:MA)
American Express Company (NYSE:AXP)
One 97 Communications Ltd. (NSE:PAYTM)
Business
M.W. Trade S.A. (WSE: MWT.WA) is a Poland-based holding company primarily engaged in the rental and leasing of freight railway wagons under the ROSCO (Rolling Stock Company) model for the rail logistics industry. Founded in 2004 and headquartered at Powstańców Śląskich 125/200 in Wrocław, Poland, the company listed on the Warsaw Stock Exchange in 2007 and operates mainly through its subsidiary MW Rail S.A., with additional activities in event and impresario services. Its core offerings include long-term leasing contracts for various types of freight wagons, such as platform, hopper, and tank cars; rolling stock portfolio management; maintenance coordination; and flexible financing solutions tailored to rail operators' needs, leveraging the group's financial services expertise. Prior to a strategic pivot in 2022, M.W. Trade focused on financial and advisory services for public healthcare units and suppliers in Poland, encompassing debt restructuring, investment financing, loans, accounts receivable financing, and financial leasing for hospitals, pharmaceutical firms, medical equipment providers, and local government entities. The shift to rail logistics enables dynamic expansion of its wagon fleet, supported by stable financing drawn from two decades of financial sector experience. Geographically, operations center in Poland with potential for European rail market penetration through strategic partnerships. Recent developments include the July 2025 establishment of subsidiary MW Sigma Trade Sp. z o.o. for sales activities; a delayed disclosure of a confidential agreement in July 2025; capital increase in MW Rail with new shareholders Marek Zaleśny and Thomas Kargl; appointment of Piotr Wasilewski as MW Rail CEO; statute amendments and unified statute registration in July 2025; and ongoing order book updates alongside interim financial reporting through September 2025, reflecting portfolio growth and related-party loan provisions to subsidiaries.