1. Poland Stocks

  2. •

    Industrial services

  3. •

    Engineering & construction
STARHEDGE S.A.

STARHEDGE S.A.

GGPW:SHG
0.18
PLN
+0.00
(-2.78%)
-0.09EPS
30.07MMarket Cap
STARHEDGE S.A.
GPW:SHG
(Warsaw Stock Exchange)

Recent

price

0.18

P/E

ratio

- -

div

yld

- -

ROIC.AI

2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
TTM
PLN
536.93
543.65
578.65
29.54
0.01
0.01
0.03
- -
0.05
1.72
0.46
0.36
0.45
0.34
0.34
0.24
0.18
Revenue per Share
6.62
0.39
-178.62
1.92
6.74
-15.8
-0.41
0.04
0.01
0.19
0.04
0.03
0.01
0.04
0.03
-0.12
-0.14
Basic EPS, GAAP
-7.54
-8.68
-25.55
-0.75
-0.12
-0.21
-0.87
-0.28
-0.04
0.38
0.14
- -
0.01
- -
-0.04
- -
0.01
Free Cash Flow per Basic Share
42
6
- -
- -
- -
0.32
0.48
- -
- -
- -
- -
0.04
- -
- -
- -
- -
- -
Dividend per Share
341.88
336.01
157.39
17.61
41.87
1.74
1.62
3.01
0.35
0.4
0.43
0.47
0.48
0.47
0.5
0.37
0.36
Book Value per Share
341.86
332.54
152.85
17.61
41.87
1.74
1.62
3.01
0.35
0.4
0.42
0.46
0.47
0.47
0.5
0.37
0.36
Tangible Book Value per Share
- -
- -
- -
2
2
4
6
7
88
22
88
88
88
109
109
109
106
Basic Weighted Avg Shares
102
103
110
55
- -
- -
- -
- -
4
38
40
32
40
37
37
26
19
Sales/Revenue/Turnover
-0.16
-0.76
-2.68
-6.49
-7,024.1
-6,183.74
-458.59
2,366.5
-1.89
14.37
16.84
9.49
10.83
15.15
6.78
6.68
12.04
Operating Margin (%)
6
6
6
1
- -
- -
- -
- -
- -
- -
1
1
1
1
1
1
- -
Depreciation Expense
1
- -
-34
4
13
-68
-3
- -
1
4
3
2
1
4
3
-14
-15
Net Income, GAAP
21.74
51.33
- -
- -
16.75
- -
- -
2.47
- -
8.15
13.96
- -
14.14
7.93
- -
- -
- -
Effective Tax Rate (%)
1.23
0.07
-30.87
6.51
112,752.99
-299,820.89
-1,437.28
2,600.98
12.01
11.27
7.78
7.81
1.86
12.01
8.76
-51.57
-77.43
Profit Margin (%)
22
26
26
33
81
9
10
21
37
33
28
25
28
36
28
23
21
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
14
14
8
1
4
2
1
- -
- -
LT Debt
65
64
30
33
78
9
10
21
36
40
49
52
53
63
66
48
46
Total Equity
1.29
-0.14
- -
6.64
1.2
- -
- -
-1.57
- -
9.11
9.02
- -
5.5
7.78
- -
- -
- -
Return on Invested Capital (%)
1.84
0.12
- -
10.84
23.38
- -
- -
1.68
- -
9.25
5.3
- -
1.16
7.64
- -
- -
- -
Return on Capital (%)
1.84
0.12
-72.41
11.22
23.37
-156.55
-27.3
1.68
2.06
12.97
8.59
6.21
1.79
9.54
6.16
-28.46
-31.58
Return on Common Equity (%)

Capital Structure

PLN

•

in mil. unless spec.
Dec'24
Mar'25
Sep'25
ST Debt
2
2
2
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
109
109
109
Market Capitalization
26
32
30

Working Capital

PLN

•

in mil. unless spec.
Dec'24
Mar'25
Sep'25
Total Current Assets
28
28
27
Cash, Cash Equivalents & STI
1
2
1
Accounts Receivable, Net
4
4
4
Inventories
22
22
22
Total Current Liabilities
5
6
6
Payables & Accruals
- -
- -
- -
ST Debt
2
2
2
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
23.41%
0.82%
-27.52%
Free Cash Flow
132.92%
213.25%
-105.37%
Net Income, GAAP
43.14%
-27.8%
-517.07%
Sales/Revenue/Turnover
4,563.13%
-6.32%
-29.17%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
6
10
7
3
26
2025
3
- -
3
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
-0.14
-0.12
2025
- -
- -
0.01
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
Similar Companies
Larsen & Toubro Limited (NSE:LT)
Engineers India Limited (NSE:ENGINERSIN)
Tekfen Holding Anonim Sirketi (BIST:TKFEN)
Enka Insaat ve Sanayi A.S. (BIST:ENKAI)
Quanta Services, Inc. (NYSE:PWR)
Sterling Infrastructure, Inc. (NASDAQ:STRL)
Business
Starhedge S.A. (SHG.WA) is a Poland-based investment holding company listed on the main market of the Warsaw Stock Exchange that engages in diversified portfolio investments across multiple sectors; it acquires stocks in public companies, derivatives including futures, options, currencies and FOREX instruments, commodities, private equity stakes in real estate development and brokerage, and shares in renewable energy firms specializing in photovoltaic panels, energy sales and distribution; the company targets the financial sector, power industry including renewables, new technologies, and real estate markets, serving Polish and international investors with operations extended into several EU countries such as Bulgaria, Hungary and Romania. Founded in 2001 and headquartered at ul. Laczyzny 5 in Warsaw, Poland, Starhedge S.A. pursues a strategy of portfolio diversification and risk management to achieve at least 10% annual profitability and significant equity growth; major shareholders include Polish investor Dariusz Wojdyga, associated with entities like KOFOLA S.A. and Nord Development, and the German fund STAR Ventures GmbH, which focuses on listed companies in international capital markets; the firm maintains international cooperation with entities in Western Europe, Central and Eastern Europe, the US, Japan and China to source investments and funding. Previously known as Global Energy S.A., the company shifted its primary focus from direct renewable energy production under the Greenenergy brand and eco-food operations via Graineco to broader investment activities; it operates through special purpose vehicles including KIS INVEST OOD and related Bulgarian entities, while reporting trailing twelve-month revenue of PLN 34.36 million and net income of PLN 4.19 million as of recent data, with approximately 107 employees.