Zabka Group S.A.

Zabka Group S.A.

ZAB.WA
Zabka Group S.A.PL flagWarsaw Stock Exchange
27.82
PLN
-0.03
- -
27.80BMarket Cap
Zabka Group S.A.
ZAB.WA
(Warsaw Stock Exchange)

Recent

price

27.82

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
TTM
FRC
12.49
16
19.81
24.44
27.48
28.02
Revenue per Share
0.49
0.38
0.35
0.64
1.11
1.17
Basic EPS, GAAP
1.01
0.87
0.71
2.32
2.52
2.62
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
-8.06
-7.68
-7.33
-7.01
-5.82
- -
Book Value per Share
-3.91
-3.69
-3.5
-3.28
-2.25
-0.99
Tangible Book Value per Share
1,000
1,000
1,000
974
988
1,001
Basic Weighted Avg Shares
12,493
16,003
19,806
23,797
27,153
28,052
Sales/Revenue/Turnover
7.72
7.23
6.95
7.02
7.27
7.18
Operating Margin (%)
915
1,115
1,359
1,704
1,890
1,953
Depreciation Expense
487
382
354
624
1,102
1,176
Net Income, GAAP
23.7
30.08
30.1
26.25
4.44
4.54
Effective Tax Rate (%)
3.9
2.39
1.79
2.62
4.06
4.19
Profit Margin (%)
-2,618
-3,330
-2,364
-3,185
-3,090
-3,277
Working Capital
6,264
6,423
8,413
8,309
8,274
8,476
LT Debt
217
575
898
1,389
2,494
2,449
Total Equity
- -
10.38
10.53
11.8
16.62
16.63
Return on Invested Capital (%)
- -
-147.48
119.77
61.64
64.14
32.3
Return on Capital (%)
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
ST Debt
1,095
1,175
1,211
LT Borrowings
3,957
3,829
3,839
LT Finance Leases
4,340
4,445
4,637
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,003
999
999
Market Capitalization
23,485
22,934
22,124

Working Capital

FRC

in mil. unless spec.
Sep'25
Dec'25
Mar'26
Total Current Assets
4,933
5,358
4,990
Cash, Cash Equivalents & STI
1,284
1,091
844
Accounts Receivable, Net
2,512
2,794
2,838
Inventories
945
1,132
1,005
Total Current Liabilities
8,161
8,448
8,267
Payables & Accruals
- -
- -
- -
ST Debt
1,095
1,175
1,211
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
79.55%
Free Cash Flow
- -
- -
9.92%
Net Income, GAAP
- -
- -
76.46%
Sales/Revenue/Turnover
- -
- -
14.1%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,015
6,133
6,578
6,071
23,797
2025
5,666
7,125
7,440
6,923
27,153
2026
6,565
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
-0.1
- -
0.32
- -
0.64
2025
-0.12
- -
0.46
- -
1.11
2026
-0.07
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Zabka Group S.A. operates as Europe's leading ultimate convenience ecosystem, primarily through its vast network of franchised Żabka convenience stores in Poland and Froo stores in Romania; Żabka Nano autonomous unmanned stores; quick meal solutions including coffee, street food, hot snacks, sandwiches, salads and ready-to-heat meals; eGrocery services via Żabka Jush for rapid delivery of essentials and delio for same-day supermarket-style assortment; direct-to-consumer meal delivery through Maczfit restaurant-quality prepared meals and Dietly online D2C meal marketplace; the Żappka consumer app serving as a digital gateway with loyalty programs, personalized promotions and ecosystem synergies; and a suite of in-store convenience services such as package handling, cash withdrawals and over-the-counter medications alongside groceries, non-alcoholic beverages, tobacco, beer and alcoholic products. The company supports these operations with eight distribution centers, 19 cross-docking facilities, dark stores, dark kitchens, IT consultancy, real estate management, warehousing, FMCG distribution and freight transport. Founded in 1998 and headquartered at 2 rue Jean Monnet in Luxembourg City, Luxembourg, Zabka Group serves time-sensitive urban consumers across physical and digital channels in Poland and Romania, targeting younger demographics with over 12,000 stores as of late 2025, more than 10 million Żappka app users and daily transactions exceeding 4 million. Recent developments include its initial public offering and listing on the Warsaw Stock Exchange in October 2024 raising significant capital; acquisition of Romanian FMCG distributor DRIM to facilitate international expansion with Froo store launches; a strategy update in September 2025 raising new store opening targets to over 1,300 annually through 2028 aiming for approximately 16,000 stores in Poland and Romania; aggressive 2025 network growth opening 1,127 stores in the first nine months to reach 12,099 outlets; rollout of street food offerings to over 70% of stores; digital customer offering achieving EBITDA breakeven; strategic AI partnership with Microsoft; multiple share buyback programs; and plans for selective value-accretive mergers and acquisitions to enhance capabilities and enter new markets.