DEK.WAR Dekpol SA
- Market cap
- PLN 475M
- P/E
- 7.3x
- P/B
- 0.70x
- ROE
- 7.2%
- Dividend yield
- 6.07%
- Fundamental score
- 2.9/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is DEK.WAR undervalued?
Graham numberDEK.WAR trades 52.3% below its Graham number.
Graham number = √(22.5 × EPS × book value per share): the most a defensive investor should pay according to Benjamin Graham. An estimate, not a recommendation to buy or sell. How is it calculated?
Dekpol SA fundamental analysis
14 of 22 checks passedROE 0/2
Low return on equity (7.2%), below 10%.
ROA 0/1
Return on assets (2.5%) is below the industry median (2.9%).
Profit Consistency 2/2
Profitable for 10 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (8.6%) is not above the 5-year average (14.6% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (8.6%) is above the industry median (-12.6%).
Revenue Growth 2/2
Revenue grew 10.6% a year over the past 3 years.
Short-term Liquidity 1/1
Current assets cover short-term liabilities.
Long-term Liabilities 1/1
Current assets cover long-term liabilities.
Debt to Equity 1/2
Moderate debt to equity (93.6%), up to 100%.
Debt Trend 0/1
Debt to equity has risen over the past 5 years.
Debt Coverage 0/1
Operating cash flow does not cover 20% of total debt.
Interest Coverage 0/1
EBIT is 4.3x against interest expense, below 5x.
PE vs Market 1/1
PE (7.3x) is below the market median (11.6x).
PE vs Industry 1/1
PE (7.3x) is below the industry median (12.9x).
PBV 1/1
Price to book (0.7x) is below the industry median (1.9x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 5.1, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.50, growth is cheap.
Dividend Yield 1/2
Dividend yield (6.1%) is above the bottom 25% of dividend payers in the market.
Dividend Stability 0/2
Dividends were not paid steadily for the past 5 years.
Dividend Growth 0/1
Dividends paid did not grow over the past 5 years.
Payout Ratio 1/1
Payout ratio is 27.6%, covered by earnings.
Each check is worth 1 or 2 points by how much it says about the quality of the company. The score is the share of points earned, out of 5. Ask AI to explain this score
Dekpol SA stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Dekpol SA
Dekpol S.A. primary engages in the general contracting and development business in Poland, European Union, and internationally. It operates through General Contracting; Real Estate Development Activity; Production of Accessories for Construction Machines; and Other segments. The company constructs industrial plants, public utility, and sports and recreational facilities; environmental protection facilities; sanitary, road, and hydrotechnical works. It also produces buckets a…
Full company profileDekpol SA financial statements
2026 annualized: Fiscal year 2026 is not finished. Income statement and cash flow are annualized from 2 quarters up to Jun 30, 2026, the balance sheet is the latest quarter. Figures change when the annual report is published.
Dekpol SA annual financial statements (PLN; K = thousand, M = million, B = billion, T = trillion)
| Item | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 Anlz |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 259M | 579M | 837M | 772M | 1.05B | 1.26B | 1.39B | 1.57B | 1.40B | 1.88B | 1.26B |
| Gross Profit | 45.2M | 87.7M | 93.3M | 83.3M | 137M | 166M | 204M | 223M | 244M | 336M | 196M |
| Operating Income | 30.8M | 47.1M | 52.3M | 71.0M | 81.0M | 113M | 120M | 116M | 121M | 162M | 57.7M |
| EBITDA | 34.8M | 53.1M | 59.9M | 79.8M | 90.0M | 120M | 148M | 132M | 166M | 188M | 99.4M |
| Net Income | 22.9M | 33.0M | 33.9M | 50.8M | 52.8M | 75.8M | 78.8M | 89.3M | 96.2M | 104M | 49.3M |
| EPS | 2.74 | 3.94 | 4.06 | 6.07 | 6.31 | 9.06 | 9.42 | 11 | 12 | 12 | 5.90 |
| Balance Sheet | |||||||||||
| Total Assets | 467M | 551M | 901M | 955M | 953M | 1.36B | 1.39B | 1.54B | 1.68B | 1.94B | 1.98B |
| Total Liabilities | 328M | 383M | 709M | 713M | 660M | 970M | 910M | 965M | 1.04B | 1.22B | 1.28B |
| Shareholders' Equity | 139M | 167M | 192M | 242M | 291M | 369M | 458M | 558M | 623M | 698M | 684M |
| Cash & Short-term Investments | 14.1M | 29.7M | 38.3M | 88.1M | 157M | 191M | 229M | 293M | 337M | 398M | 442M |
| Total Debt | 139M | 157M | 308M | 298M | 256M | 324M | 335M | 348M | 522M | 485M | 640M |
| Cash Flow | |||||||||||
| Operating Cash Flow | 33.2M | 30.8M | -67.6M | 82.8M | 127M | 55.8M | 103M | 97.1M | -23.0M | 276M | -252M |
| Capital Expenditure | 20.7M | 20.5M | 5.17M | 8.11M | 6.29M | 2.97M | 6.63M | 6.81M | 9.64M | 4.78M | 7.38M |
| Free Cash Flow | 12.5M | 10.3M | -72.7M | 74.7M | 129M | 51.7M | 94.7M | 90.3M | -71.2M | 267M | -260M |
| Ratios | |||||||||||
| ROE | 16.5% | 19.7% | 17.7% | 21.0% | 18.1% | 20.6% | 17.2% | 16.0% | 15.4% | 15.0% | 7.2% |
| ROA | 4.9% | 6.0% | 3.8% | 5.3% | 5.5% | 5.6% | 5.7% | 5.8% | 5.7% | 5.4% | 2.5% |
| Net Profit Margin | 8.9% | 5.7% | 4.1% | 6.6% | 5.0% | 6.0% | 5.7% | 5.7% | 6.9% | 5.6% | 3.9% |
| Debt to Equity | 1.00x | 0.94x | 1.61x | 1.23x | 0.88x | 0.88x | 0.73x | 0.62x | 0.84x | 0.69x | 0.94x |
What these items mean
- Revenue
- Total sales of goods and services in the period.
- Gross Profit
- Revenue minus the direct cost of producing what was sold.
- Operating Income
- Profit from the core business after operating expenses.
- EBITDA
- Earnings before interest, taxes, depreciation and amortization.
- Net Income
- Profit left for shareholders after all expenses, interest and taxes.
- EPS
- Net income divided by shares outstanding.
- Total Assets
- Everything the company owns.
- Total Liabilities
- Everything the company owes.
- Shareholders' Equity
- Assets minus liabilities: the book value that belongs to shareholders.
- Cash & Short-term Investments
- Cash and investments that can be turned into cash quickly.
- Total Debt
- Short and long-term borrowings.
- Operating Cash Flow
- Cash generated by the core business.
- Capital Expenditure
- Cash spent on property, plant and equipment.
- Free Cash Flow
- Operating cash flow minus capital expenditure: cash left for dividends, buybacks or debt repayment.
- ROE
- Return on equity: net income divided by shareholders' equity.
- ROA
- Return on assets: net income divided by total assets.
- Net Profit Margin
- Net income as a share of revenue.
- Debt to Equity
- Total debt divided by shareholders' equity.
Dekpol SA dividends
- Dividend yield
- 6.07%
- Forward dividend
- 3.74 PLN
- Payout ratio
- 27.6%
- Ex-dividend date
- Jun 12, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | PLN 28.9M | 3.45 | 27.6% |
| 2024 | PLN 20.8M | 2.49 | 21.6% |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | - | - | - |
| 2019 | - | - | - |
| 2018 | PLN 9.87M | 1.18 | 29.1% |
| 2017 | PLN 4.43M | 0.53 | 13.4% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Who owns Dekpol SA
- Insiders 85.46%
- Institutions 1.07%
- Public & others 13.47%
- Shares outstanding 8.36M
- Free float 1.90M
Dekpol SA company profile
- Company name
- Dekpol SA
- Ticker
- DEK.WAR
- ISIN
- PLDEKPL00032
- Exchange
- Warsaw Stock Exchange
- Sector
- Industrials
- Industry
- Construction & Engineering
- Employees
- 1,154
- Fiscal year end
- December
- Address
- ul. Gajowa 31, Zblewo, Poland, 83-251
- Phone
- 48 58 560 1060
- Website
- dekpol.pl
About Dekpol SA
Dekpol S.A. primary engages in the general contracting and development business in Poland, European Union, and internationally. It operates through General Contracting; Real Estate Development Activity; Production of Accessories for Construction Machines; and Other segments. The company constructs industrial plants, public utility, and sports and recreational facilities; environmental protection facilities; sanitary, road, and hydrotechnical works. It also produces buckets and integrated construction equipment, as well as engages in property management business that offers houses, apartments, and commercial units. The company was founded in 1993 and is headquartered in Zblewo, Poland.
Dekpol SA management
4- Mr. Mariusz Grzegorz TuchlinPresident of the Management Board & CEO · born 1976
- Ms. Katarzyna Szymczak-DampcVice-President of the Management Board & Financial Director
- Mr. Michal SkowronVice-President of the Management Board
- Ms. Anna MikszaChief Accountant