Pieno Zvaigzdes AB

Pieno Zvaigzdes AB

VVSE:PZV1L
1.77
EUR
0.00
(0.00%)
0.17EPS
9.00P/E
69.51MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
4.42
4.83
3.33
3.33
3.72
3.74
3.78
3.79
3.91
4.53
4.46
4.66
4.83
5.03
Basic EPS, GAAP
0.06
0.1
0.05
0.04
-0.04
0.05
0.09
0.17
0.03
-0.12
0.29
0.22
0.1
0.17
Free Cash Flow per Basic Share
-0.02
0.19
0.27
0.1
-0.01
0.21
0.12
0.19
0.07
-0.21
0.46
0.23
- -
0.05
Dividend per Share
0.16
0.07
0.07
0.05
0.09
- -
0.03
0.07
0.14
- -
- -
0.14
0.14
- -
Book Value per Share
0.77
0.8
0.67
0.66
0.53
0.58
0.64
0.74
0.63
0.51
0.8
0.89
0.85
0.91
Tangible Book Value per Share
0.77
0.8
0.67
0.65
0.53
0.58
0.64
0.74
0.63
0.51
0.8
0.88
0.84
0.91
Basic Weighted Avg Shares
50
50
49
45
45
45
45
45
45
45
45
45
45
43
Sales/Revenue/Turnover
220
240
164
150
168
169
171
171
177
205
201
210
218
218
Operating Margin (%)
1.65
2.38
2.7
1.91
-1.85
0.6
2.43
5.12
0.66
-1.76
8.84
6.06
3.04
4.33
Depreciation Expense
9
9
8
8
7
7
6
5
6
6
6
6
6
6
Net Income, GAAP
3
5
3
2
-2
2
4
8
1
-5
13
10
5
7
Effective Tax Rate (%)
14.35
11.74
16.47
- -
- -
- -
- -
3.77
- -
- -
15.15
9.38
13.76
9.4
Profit Margin (%)
1.3
2.08
1.63
1.22
-1.03
1.3
2.41
4.51
0.69
-2.6
6.59
4.79
2.08
3.4
Working Capital
13
4
9
7
-20
-2
3
3
-3
-22
-2
2
9
12
LT Debt
32
18
26
22
- -
14
21
17
17
1
4
8
16
17
Total Equity
38
40
30
30
24
26
29
33
28
23
36
40
38
41
Return on Invested Capital (%)
4.32
7.48
4.98
- -
- -
- -
- -
15.62
- -
- -
28.29
21.84
9.91
14.67
Return on Capital (%)
4.75
7.77
4.96
- -
- -
- -
- -
16.08
- -
- -
29.15
22.7
10.31
14.74
Return on Common Equity (%)
7.06
12.79
7.61
6.15
-6.46
8.78
14.94
24.75
3.96
-20.71
44.7
26.39
11.58
18.22

Capital Structure

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
3
3
2
LT Borrowings
- -
14
- -
LT Finance Leases
- -
2
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
45
45
45
Market Capitalization
74
72
70

Working Capital

EUR

•

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
34
34
36
Cash, Cash Equivalents & STI
- -
2
2
Accounts Receivable, Net
15
8
13
Inventories
19
21
20
Total Current Liabilities
24
25
24
Payables & Accruals
- -
- -
- -
ST Debt
3
3
2
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
4.4%
5.88%
-4.47%
Free Cash Flow
-279.13%
-190.18%
-99.3%
Net Income, GAAP
-132.5%
-209.47%
-55%
Sales/Revenue/Turnover
3.09%
5.1%
3.53%
Total Cash Common Dividend
- -
- -
0.24%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
46
56
57
51
210
2025
52
56
59
51
218
2026
52
- -
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.05
0.09
0.12
-0.03
0.22
2025
0.01
0.05
0.07
-0.03
0.1
2026
0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.14
2025
- -
- -
- -
- -
0.14
2026
- -
- -
- -
- -
- -

Company Description

CEO
Egle Kvaraciejute-Ivanauskiene
Full Time Employees
1,681
Sector
Consumer non-durables
Industry
Food: meat/fish/dairy
Address
Vilnius Lithuania
IPO Date
Jan 2, 2002
Business
Pieno Zvaigzdes AB is a Lithuania-based dairy processing company engaged in the sourcing, processing, manufacturing, marketing, and distribution of consumer dairy products and industrial milk ingredients. Founded in 1998 and headquartered in Vilnius, Lithuania, the company operates multiple specialized production branches across Lithuania, including facilities in Kaunas, Pasvalys, Mazeikiai, and Panevezys. Pieno Zvaigzdes AB organizes its operations and portfolio into several core product segments: fresh dairy products, comprising pasteurized and extended shelf-life milk, kefir, buttermilk, fermented sour milk, sour cream, and diverse yogurt varieties; curd and cheese products, including traditional fresh curd, semi-hard cheeses, hard aged cheeses, mozzarella, processed cheeses, smoked cheese snacks, and cheese sticks; sweet dairy snacks and desserts, including glazed chocolate-covered curd bars, dessert creams, puddings, dairy drinks, and ice cream; and industrial dairy ingredients, consisting of sweet whey powder, demineralized whey powder, skimmed milk powder, milk permeate, and whey protein concentrates engineered for food manufacturing, confectionery, and specialized nutrition sectors. The company markets its consumer items under established proprietary brand names such as Dvaro, Magija, Mu, Smilga, Greta, Pasvalio Suriai, and Kauno Pienas. In addition to serving domestic retail chains, wholesale networks, and foodservice operators across Lithuania and the broader Baltic region, Pieno Zvaigzdes AB exports its products to international markets across the European Union, North America, the Middle East, and Asia. In recent operational developments, the company has executed strategic modernization and sustainability initiatives across its manufacturing plants, implementing automated packaging systems, high-efficiency processing equipment, and on-site solar photovoltaic energy installations. Furthermore, Pieno Zvaigzdes AB has expanded its value-added offering through the introduction of lactose-free, high-protein, and reduced-sugar product lines under the Magija and Dvaro brands, while scaling up its fractionation and processing capacity for high-grade whey protein derivatives to serve the growing global functional food and sports nutrition markets.