TORPOL S.A.

TORPOL S.A.

66.70
PLN
-4.18
(-5.90%)
3.54EPS
20.00P/E
1.63BMarket Cap
Dec 02Next Earn
TORPOL S.A.
LSE:0QXB
(London Stock Exchange)

Recent

price

66.70

P/E

ratio

20.00

div

yld

- -

ROIC.AI

2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
PLN
26.7
40.31
53.68
33.53
31.3
66.42
69.85
60.61
48.82
47.23
47.55
63.48
86.13
88.78
Revenue per Share
0.31
1.3
1.39
0.45
-1.16
0.83
1.27
2.11
3.36
8
4.44
2.96
3.4
3.54
Basic EPS, GAAP
3.89
3.66
6.47
-8.28
2.3
-7.63
6.97
12.34
5.52
6.96
0.87
-10.47
20.29
5.95
Free Cash Flow per Basic Share
- -
- -
0.5
0.69
0.44
- -
0.25
0.9
1.53
3
- -
2.11
1.35
- -
Dividend per Share
5.36
8.85
9.73
9.53
7.94
8.79
9.74
10.95
12.76
17.78
22.2
23.05
25.1
23.15
Book Value per Share
4.88
8.39
9.25
9.1
7.52
8.37
9.22
10.37
12.19
17.23
21.66
22.52
24.56
22.58
Tangible Book Value per Share
16
19
23
23
23
23
23
23
23
23
23
23
23
23
Basic Weighted Avg Shares
416
775
1,233
770
719
1,526
1,604
1,392
1,121
1,085
1,092
1,458
1,978
2,039
Sales/Revenue/Turnover
2.54
4.18
3.48
2.26
2.93
3.41
2.68
4.57
9.41
20.27
10.71
5.29
4.75
4.93
Operating Margin (%)
11
11
13
15
15
17
22
23
22
24
25
26
27
29
Depreciation Expense
5
25
32
10
-27
19
29
49
77
184
102
68
78
81
Net Income, GAAP
27.48
17.61
20.27
30.83
51.35
18.53
19.59
17.4
23.85
20.58
21.02
17.65
20.34
22.61
Effective Tax Rate (%)
1.15
3.23
2.59
1.34
-3.72
1.26
1.82
3.49
6.87
16.95
9.33
4.66
3.95
3.99
Profit Margin (%)
50
121
158
144
90
126
133
126
148
306
382
407
397
343
Working Capital
- -
27
66
87
49
48
101
70
76
63
49
56
46
54
LT Debt
123
203
223
218
181
201
223
251
292
408
509
529
576
532
Total Equity
- -
11.17
11.26
3.58
3.15
12.67
8.31
12.3
19.88
38.07
16.29
9.87
11.18
12.2
Return on Invested Capital (%)
- -
12.05
12.06
4.27
-8.01
7.37
9.5
13.65
20.8
42.7
20.38
12.3
13.24
14.15
Return on Capital (%)
- -
15.33
14.97
4.67
-13.31
9.97
13.69
20.42
28.3
52.42
22.2
13.07
14.12
15.35
Return on Common Equity (%)

Capital Structure

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
18
24
25
LT Borrowings
25
23
31
LT Finance Leases
22
24
23
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
23
23
23
Market Capitalization
- -
- -
1,628

Working Capital

PLN

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,125
952
1,022
Cash, Cash Equivalents & STI
658
527
457
Accounts Receivable, Net
251
114
246
Inventories
100
150
116
Total Current Liabilities
729
548
680
Payables & Accruals
- -
- -
- -
ST Debt
18
24
25
Deferred Revenue
- -
- -
- -

Growth Rates

PLN

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
10.89%
18.75%
8.91%
Free Cash Flow
-261.9%
-343.49%
-293.74%
Net Income, GAAP
-34.49%
26.87%
14.99%
Sales/Revenue/Turnover
10.71%
9.43%
35.68%
Total Cash Common Dividend
- -
- -
-36.02%

Quarterly Revenue

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
261
298
347
552
1,458
2025
385
468
505
621
1,978
2026
334
579
- -
- -
- -

Quarterly Earnings Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.47
0.66
0.6
1.23
2.96
2025
0.44
0.89
0.77
1.3
3.4
2026
0.45
1.02
- -
- -
- -

Quarterly Dividends Per Share

PLN

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.11
2025
- -
- -
- -
- -
1.35
2026
- -
- -
- -
- -
- -
Business
Torpol S.A. (TOR.WA) is a Poland-based company engaged in the construction, modernization, and engineering of railway and urban transport infrastructure. Founded in 1991 and headquartered in Poznan, the company operates primarily in Poland, with past projects extending to Norway, serving clients such as PKP PLK, CPK, municipal operators, and the ORLEN Group; its core offerings encompass railway line revitalization including roadbed, track layout, overhead catenary systems, power supply, and train traffic control systems; construction and modernization of tram tracks, traction networks, and accompanying urban infrastructure with vibration damping and acoustic screens; comprehensive services for medium and low voltage power networks, traffic control systems, street lighting, and telecommunications; road and street construction; civil engineering structures; design and execution of railway automation systems; purification and treatment of crude oil and natural gas; and machinery and equipment rental including track renewal machines, tamping machines, ballast cleaning machines, railway cranes, and specialized maintenance vehicles from brands like Plasser & Theurer. The company segments its activities into Railway Roads, Tramway, Civil Engineering, Oil & Gas via subsidiary Torpol Oil & Gas (TOG), and Other services such as electrical equipment and design. In recent developments, Torpol announced its 2025-2030 strategy in 2025, targeting cumulative consolidated net revenues of PLN 14.5 billion, EBITDA of PLN 840 million, and net profit of PLN 500 million through investments of PLN 300 million in asset modernization, process automation, digitalization, acquisitions to bolster the value chain, new competencies in High Speed Rail, Digital Rail Services, hydrogen installations, and CO2 capture systems, alongside dividend payouts of 50% of net profit and expansion in tramways, civil engineering, and Oil & Gas sectors where TOG eyes PLN 1.5 billion in bidding potential for 2025. The group reported first-half 2025 net sales revenue of PLN 853.1 million, up 52.8% year-over-year, reflecting robust order backlogs including PLN 125 million net for Oil & Gas at year-end 2024, and in October 2025 signed a cooperation agreement with Poznań University of Technology to advance railway engineering education and innovation. These initiatives underscore Torpol's focus on stable growth, market share expansion to 12% in rail infrastructure, and participation in Poland's National Rail Program, Central Transportation Port, and green energy transitions amid over PLN 180 billion in allocated railway investments through 2032.