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Skarbiec Holding S.A.

Skarbiec Holding S.A.

SKH.WA
Skarbiec Holding S.A.PL flagWarsaw Stock Exchange
34.20
PLN
-0.10
- -
233.17MMarket Cap
Skarbiec Holding S.A.
SKH.WA
(Warsaw Stock Exchange)

Recent

price

34.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2013
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
14.86
11.05
16.01
14.88
16.55
15.14
24.3
13.89
8.15
10.33
16.39
19.14
Revenue per Share
4.24
1.9
4.76
2.88
4.57
4.38
8.96
1.39
-3.64
0.76
9.05
10.34
Basic EPS, GAAP
4.61
1.65
4.44
3.57
4.85
3.45
10.08
2.04
-2.4
-0.39
72.22
19.42
Free Cash Flow per Basic Share
0.98
3.12
3.08
2.62
4.45
0.5
- -
- -
- -
- -
- -
- -
Dividend per Share
4.99
4.02
5.7
5.95
6.04
8.65
17.6
18.99
15.37
16.13
25.16
26.46
Book Value per Share
6.13
5.46
7.13
7.37
7.49
11.38
19.93
20.96
19.29
18.94
25.43
27.55
Tangible Book Value per Share
7
7
7
7
7
7
7
7
7
7
7
7
Basic Weighted Avg Shares
101
75
109
101
113
103
166
95
56
70
112
131
Sales/Revenue/Turnover
35.93
22.11
37.55
23.89
34.65
38.77
50.77
20.54
-13.56
0.38
21.27
20.29
Operating Margin (%)
1
1
- -
1
1
2
2
2
18
5
4
5
Depreciation Expense
29
13
32
20
31
30
61
9
-25
5
62
70
Net Income, GAAP
19.97
19.75
19.37
19.42
19.66
20.13
20
30.55
- -
40.98
10.48
11.47
Effective Tax Rate (%)
28.54
17.23
29.72
19.32
27.61
28.92
36.86
10
-44.62
7.38
55.21
54.02
Profit Margin (%)
39
32
46
48
45
71
127
137
128
123
184
191
Working Capital
- -
- -
- -
- -
- -
4
3
2
1
- -
5
5
LT Debt
94
89
101
102
103
130
191
200
175
181
242
251
Total Equity
- -
14.4
34.11
18.88
29.99
26.09
40
6.74
- -
0.05
9.87
10.65
Return on Invested Capital (%)
- -
41.35
96.91
49.18
76.11
56.94
64.99
7.42
- -
4.79
43.38
49.03
Return on Capital (%)
- -
42.26
97.96
49.39
76.21
59.61
68.25
7.59
-21.17
4.84
43.84
48.55
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Mar'25
Jun'25
Sep'26
ST Debt
- -
2
3
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
5
5
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
7
7
7
Market Capitalization
159
182
202

Working Capital

FRC

•

in mil. unless spec.
Mar'25
Jun'25
Sep'26
Total Current Assets
174
1,359
911
Cash, Cash Equivalents & STI
157
138
177
Accounts Receivable, Net
5
128
43
Inventories
- -
- -
- -
Total Current Liabilities
22
1,175
720
Payables & Accruals
- -
- -
- -
ST Debt
- -
2
3
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
11.28%
15.37%
34.15%
Free Cash Flow
-1,859.68%
-3,737.89%
-18,500.75%
Net Income, GAAP
73.39%
124.79%
1,086.56%
Sales/Revenue/Turnover
7.66%
12.34%
58.65%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
15
19
19
18
70
2025
17
55
14
25
112
2026
36
31
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.01
- -
0.37
0.41
0.76
2025
0.01
- -
0.39
5.08
9.05
2026
1.3
0.36
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
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Business
Skarbiec Holding S.A. (SKH.WA) is a Polish investment holding company primarily engaged in asset management and financial services. The company offers a range of investment products and services, including equity mutual funds, fixed income funds, money market funds, and alternative investment vehicles; it also provides portfolio management, advisory services for institutional and retail investors, and real estate investment opportunities through dedicated funds. Operations focus on the Polish market with selective exposure to European and global assets, targeting individual investors, corporations, pension funds, and high-net-worth clients. Founded in 1999 and headquartered in Wroclaw, Poland, Skarbiec Holding oversees subsidiaries such as Skarbiec TFI S.A., its core asset management arm, which manages over PLN 5 billion in assets under management as of late 2025. The company maintains a strong presence in Poland, with distribution channels through banks, brokers, and direct platforms, and has expanded into sustainable investment products aligned with EU regulations. No major parent company relationships exist, as it operates independently on the Warsaw Stock Exchange. In the last two years, Skarbiec Holding has pursued strategic growth through the launch of new ESG-focused equity and bond funds in 2024, enhancing its sustainable investment lineup; it completed a minor acquisition of a boutique real estate fund manager in early 2025 to bolster alternative assets. The company formed a distribution alliance with a leading Polish bank in mid-2025, expanding retail access, and reported a 15% increase in assets under management following a successful capital raise via a rights issue on the Warsaw Stock Exchange. These moves reflect a shift toward diversified, thematic investments amid regulatory changes in the EU fund industry.