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  2. •

    Producer manufacturing

  3. •

    Metal fabrication
Termo-Rex Spolka Akcyjna

Termo-Rex Spolka Akcyjna

GGPW:TRR
0.54
PLN
0.00
(0.00%)
0.03EPS
21.44P/E
71.90MMarket Cap
Termo-Rex Spolka Akcyjna
GPW:TRR
(Warsaw Stock Exchange)

Recent

price

0.54

P/E

ratio

21.44

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
PLN
0.19
0.19
0.24
0.32
0.56
0.56
0.48
0.46
0.07
0.08
0.17
0.17
0.2
Revenue per Share
- -
- -
0.01
0.01
- -
0.03
0.02
0.02
-0.01
0.01
0.09
0.02
0.03
Basic EPS, GAAP
0.01
- -
0.01
- -
0.03
0.04
- -
-0.01
- -
- -
-0.03
- -
-0.01
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
0.04
- -
Dividend per Share
0.14
0.14
0.16
0.17
0.16
0.19
0.22
0.24
0.14
0.17
0.28
0.26
0.24
Book Value per Share
0.14
0.14
0.16
0.17
0.16
0.19
0.22
0.24
0.14
0.17
0.28
0.26
0.24
Tangible Book Value per Share
113
113
114
114
114
114
114
114
114
114
114
114
113
Basic Weighted Avg Shares
21
21
28
36
63
64
54
52
8
9
19
19
23
Sales/Revenue/Turnover
1.12
0.44
4.89
5.37
0.14
5.5
6.37
7.98
-52.24
-2.04
5.18
5.77
6.3
Operating Margin (%)
1
1
1
1
1
1
1
1
1
- -
- -
1
1
Depreciation Expense
- -
- -
1
1
- -
4
2
2
-1
1
10
3
3
Net Income, GAAP
10.6
200
22.15
29.63
- -
22.56
22.7
17.48
- -
7.96
18.63
10.64
12.88
Effective Tax Rate (%)
1.54
-0.32
4.03
2.38
-0.74
5.93
3.16
4.29
-13.65
16.41
51.11
14.49
14.54
Profit Margin (%)
2
2
3
4
6
6
9
10
- -
2
11
11
7
Working Capital
1
- -
- -
1
1
2
4
1
1
- -
- -
- -
- -
LT Debt
16
16
18
19
21
26
28
32
20
22
31
30
27
Total Equity
- -
-0.4
5.24
5.64
- -
10.27
7.92
9.37
- -
-0.56
2.84
5.94
9.34
Return on Invested Capital (%)
- -
-0.72
6.09
4.32
- -
10.6
1.55
2.22
- -
7.44
36.47
9.27
12.35
Return on Capital (%)
- -
-0.43
6.62
4.63
-2.5
18.91
7.36
8.67
-5.24
7.97
39
9.17
12.31
Return on Common Equity (%)

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
1
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
113
113
113
Market Capitalization
76
78
72

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
13
14
15
Cash, Cash Equivalents & STI
1
4
4
Accounts Receivable, Net
3
3
4
Inventories
4
5
6
Total Current Liabilities
2
3
8
Payables & Accruals
- -
- -
- -
ST Debt
- -
1
- -
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
8.56%
4.53%
-5.54%
Free Cash Flow
-222.36%
125.65%
-111.33%
Net Income, GAAP
-271.14%
36.68%
-71.91%
Sales/Revenue/Turnover
16.31%
8.15%
-0.92%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5
2
5
7
19
2025
4
3
7
5
19
2026
4
7
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.07
- -
0.01
0.01
0.09
2025
- -
0.01
0.01
0.01
0.02
2026
- -
0.01
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
0.04
2026
- -
- -
- -
- -
- -
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Business
Termo-Rex S.A. (TRR.WA) is a Poland-based company that specializes in heat treatment solutions for steel constructions and elements, including preheating before welding, stress relieving of welded joints across various materials, diameters, and wall thicknesses; it manufactures and supplies heat treatment equipment such as mobile resistance and induction machines, heating mats, connecting cables, dry inductors, and welding machines for thermocouples; offers mobile and furnace-based heat treatment services, assembling, welding, and pre-welding services; provides personal protective equipment including masks, goggles, visors, surgical sets, aprons, and shoe protectors; leases equipment and accessories for heat treatment and welding; sells electrical products, thermal insulations, engineering ceramics, and microspheres; and delivers professional services in electrical installations, intercoms, alarms, and home automation, operating through segments in industrial construction, other services, and wholesale of electro installations. The company, founded in 1997 and headquartered at ul. Wojska Polskiego 2i in Jaworzno, Poland, serves domestic and international markets with approximately 155 employees and maintains a subsidiary, Termo-Rex Power Romania SRL, active in Romania. In early 2024, Erbud S.A. acquired CKTiS Spólka Akcyjna, a prior affiliate employing 130 people, from Termo-Rex S.A., streamlining its focus on core heat treatment and equipment operations amid reported net sales growth of 124% to PLN 19.5 million for fiscal year 2024.