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ULMA Construccion Polska S.A.

ULMA Construccion Polska S.A.

GGPW:ULM
51.00
PLN
-2.00
(-3.77%)
1.92EPS
30.69P/E
310.08MMarket Cap
ULMA Construccion Polska S.A.
GPW:ULM
(Warsaw Stock Exchange)

Recent

price

51.00

P/E

ratio

30.69

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
PLN
40.98
56.03
49.36
39.86
36.63
34.71
34.34
38.3
42.57
43.64
36.27
39.93
38.23
38.76
42.66
46.74
45.92
Revenue per Share
1.95
9.39
3.89
0.02
-1.06
1.05
2.45
4.61
8.94
8.79
3.84
4.75
2.75
3.89
3.1
2.54
1.92
Basic EPS, GAAP
5.23
16.84
17.64
10.99
6.72
8.52
0.03
3.13
6.08
4.72
6.89
5.04
-1.43
3.8
-9.04
1.81
0.24
Free Cash Flow per Basic Share
- -
1.58
3.81
2
- -
- -
- -
5.4
3.81
5.71
2.6
7.62
- -
3.81
2.3
- -
- -
Dividend per Share
51.02
57.96
59.01
56.92
55.14
55.02
57.55
56.29
61.43
65.48
65.92
63.82
65.3
63.88
64.17
65.47
64.96
Book Value per Share
50.93
57.76
58.86
56.81
55.09
54.98
57.51
56.21
61.39
65.44
65.88
63.78
65.27
63.82
64.14
65.47
64.91
Tangible Book Value per Share
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
Basic Weighted Avg Shares
215
294
259
209
192
182
180
201
224
229
191
210
201
204
224
246
241
Sales/Revenue/Turnover
12.69
24.99
13.34
2.25
-2.06
4.67
10.19
17.31
28.27
27.85
14.02
15.9
10.09
12.33
9.87
10.76
9.02
Operating Margin (%)
77
83
85
79
68
53
49
44
35
43
45
44
52
45
53
58
58
Depreciation Expense
10
49
20
- -
-6
6
13
24
47
46
20
25
14
20
16
13
10
Net Income, GAAP
23.99
19.02
20.32
76.34
- -
24.44
23.4
21.74
19.2
21.81
18.95
21.62
20.21
18.85
21.03
21.51
22.02
Effective Tax Rate (%)
4.75
16.76
7.87
0.04
-2.9
3.02
7.14
12.03
21.01
20.14
10.59
11.9
7.19
10.04
7.27
5.43
4.19
Profit Margin (%)
-11
15
32
42
68
86
94
82
88
81
76
70
50
67
23
23
24
Working Capital
141
87
41
11
- -
- -
- -
- -
- -
5
4
8
6
4
19
18
17
LT Debt
268
305
310
299
288
289
302
296
323
344
346
335
343
336
337
344
341
Total Equity
4.26
12.65
6.32
0.27
- -
2.39
4.16
8.28
15.84
14.92
6.41
7.81
3.82
5.81
4.76
4.75
3.38
Return on Invested Capital (%)
4.29
12.54
6.34
0.26
- -
1.9
4.34
8.04
15.07
13.78
5.84
7.25
4.37
6.15
4.96
4.16
3.15
Return on Capital (%)
3.9
17.23
6.65
0.03
-1.9
1.91
4.36
8.1
15.19
13.85
5.85
7.33
4.26
6.03
4.84
3.92
2.99
Return on Common Equity (%)

Capital Structure

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
4
4
4
LT Borrowings
14
14
13
LT Finance Leases
5
4
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
5
5
5
Market Capitalization
313
323
310

Working Capital

PLN

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
63
75
70
Cash, Cash Equivalents & STI
1
11
5
Accounts Receivable, Net
51
52
56
Inventories
11
9
9
Total Current Liabilities
44
52
47
Payables & Accruals
- -
- -
- -
ST Debt
4
4
4
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
1.82%
-0.11%
2.03%
Free Cash Flow
1,054.07%
-195.77%
-120.03%
Net Income, GAAP
24.26%
-3.08%
-18.11%
Sales/Revenue/Turnover
3.41%
5.36%
9.56%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
49
54
57
65
224
2025
53
63
60
69
246
2026
49
- -
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.34
0.55
1.08
1.13
3.1
2025
0.06
0.66
0.73
1.09
2.54
2026
-0.56
- -
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.3
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
ULMA Construccion Polska S.A. operates primarily in Poland, specializing in providing comprehensive construction equipment and services including design, assembly, leasing, and sales of scaffolding, formwork, shoring, and safety systems for residential, non-residential, civil engineering, and restoration projects. The company's core product offerings encompass concrete wall and slab formwork systems; self-climbing and climbing formwork; dam, tunnel, and bridge formwork; heavy-duty shoring towers; scaffolding systems; and safety platforms. It also provides construction site services such as consulting, logistics, construction staff training, and supervision support. ULMA Construccion Polska extends its operations beyond Poland into Central European markets including Ukraine, Russia, and the Baltic countries through subsidiaries, serving general building contractors with both sale and rental services. Founded in 1994 and headquartered in Poland, the company is majority-owned by ULMA CyE, S. Coop. In the most recent period, ULMA Construccion Polska has demonstrated strategic growth by increasing its sales revenue across both construction site services and the sale of building materials, reporting a 13.6% rise in consolidated sales revenue in 2024 compared to the previous year. It has notably expanded market penetration in Ukraine and Baltic countries and recorded significant growth in the Polish building materials segment. The company further strengthened its operational capabilities by acquiring a logistics center in Gdańsk and investing substantially in formwork equipment. ULMA Construccion Polska has also successfully renewed certifications supporting its sustainability strategy, reflecting its commitment to corporate responsibility. Operationally, the company continues to prioritize innovation and customer support with advancements in engineered product offerings such as modular and heavy-duty formwork and scaffolding systems designed for efficiency and safety on construction sites. ULMA Construccion Polska S.A. maintains subsidiaries including ULMA Opalubka Ukraina and ULMA Cofraje in Romania, facilitating regional market service and growth. The company operates with a workforce of over 400 employees, balancing manufacturing with comprehensive site services. Recent financial disclosures highlight enhanced EBITDA and consolidated net financial results, confirming ULMA's stable financial position and sustained industry presence. This focus on expanding geographic reach, product innovation, and sustainability underpins ULMA Construccion Polska's current strategic direction within the construction engineering sector.