ELT.WAR Elektrotim SA
- Market cap
- PLN 686M
- P/E
- 27.6x
- P/B
- 5.62x
- ROE
- 5.4%
- Dividend yield
- 3.64%
- Fundamental score
- 2.5/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is ELT.WAR undervalued?
Graham numberELT.WAR trades 162.6% above 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?
Elektrotim SA fundamental analysis
12 of 22 checks passedROE 0/2
Low return on equity (5.4%), below 10%.
ROA 1/1
Return on assets (2.9%) is above the industry median (2.6%).
Profit Consistency 2/2
Profitable for 6 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 (-46.4%) is not above the 5-year average (11.8% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-46.4%) is below the industry median (4.4%).
Revenue Growth 1/2
Revenue grew 4.7% 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 2/2
Low debt to equity (9.6%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Debt Coverage 1/1
Operating cash flow covers 20% of total debt.
Interest Coverage 0/1
EBIT is 3.5x against interest expense, below 5x.
PE vs Market 0/1
PE (27.6x) is above the market median (11.6x).
PE vs Industry 0/1
PE (27.6x) is above the industry median (20.7x).
PBV 0/1
Price to book (5.6x) is above the industry median (1.1x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 155.2, limit 22.5).
PEG 0/1
PEG on 5-year earnings growth is 2.34, above 1.
Dividend Yield 1/2
Dividend yield (3.6%) 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 1/1
Dividends paid grew over the past 5 years.
Payout Ratio 1/1
Payout ratio is 86.2%, 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
Elektrotim SA stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Elektrotim SA
Elektrotim S.A., together with its subsidiaries, provides installation, traffic maintenance, high voltage, and traction power services in Poland. The company operates through Power Grids, and Installations and infrastructure segments. It offers energy generation, energy transmission, energy distribution, railway and urban, and traction power supply infrastructure services; and road and urban infrastructure, traffic engineering, municipal infrastructure, infrastructure for in…
Full company profileElektrotim 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.
Elektrotim 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 | 258M | 293M | 310M | 259M | 277M | 277M | 506M | 547M | 525M | 580M | 378M |
| Gross Profit | 22.8M | 25.3M | 24.0M | 9.10M | 38.7M | 32.5M | 67.5M | 76.1M | 80.6M | 68.9M | 39.5M |
| Operating Income | 1.56M | -977K | -1.30M | -13.4M | 23.2M | 9.26M | 33.2M | 34.2M | 54.2M | 41.0M | 9.27M |
| EBITDA | 6.09M | 1.40M | 1.49M | -11.5M | 28.5M | 14.5M | 37.1M | 40.5M | 76.8M | 46.2M | 14.8M |
| Net Income | -556K | -4.48M | -3.91M | -14.5M | 16.6M | 6.59M | 22.0M | 19.6M | 54.1M | 29.0M | 6.60M |
| EPS | -0.06 | -0.45 | -0.39 | -1.45 | 1.66 | 0.66 | 2.20 | 1.97 | 5.42 | 2.90 | 0.66 |
| Balance Sheet | |||||||||||
| Total Assets | 166M | 176M | 179M | 157M | 183M | 181M | 268M | 269M | 264M | 320M | 228M |
| Total Liabilities | 81.6M | 99.5M | 107M | 103M | 111M | 103M | 169M | 165M | 129M | 182M | 107M |
| Shareholders' Equity | 82.8M | 74.7M | 70.1M | 53.0M | 69.5M | 76.2M | 98.1M | 105M | 134M | 138M | 121M |
| Cash & Short-term Investments | 28.0M | 26.7M | 3.10M | 4.90M | 23.3M | 18.7M | 56.7M | 33.2M | 48.5M | 12.5M | 37.0M |
| Total Debt | 7.71M | 9.82M | 17.5M | 26.7M | 12.4M | 8.63M | 6.23M | 6.05M | 12.8M | 12.7M | 11.6M |
| Cash Flow | |||||||||||
| Operating Cash Flow | -7.78M | 7.12M | -31.3M | 5.72M | 34.4M | 1.82M | 37.5M | -3.90M | 45.8M | -775K | 57.2M |
| Capital Expenditure | 3.47M | 5.87M | 1.01M | 305K | 745K | 1.08M | 1.67M | 1.82M | 1.27M | 1.65M | 1.84M |
| Free Cash Flow | -11.3M | 1.26M | -32.3M | 5.42M | 29.7M | 742K | 35.8M | -5.71M | 43.0M | -5.43M | 55.4M |
| Ratios | |||||||||||
| ROE | -0.7% | -6.0% | -5.6% | -27.3% | 23.9% | 8.7% | 22.4% | 18.6% | 40.3% | 21.0% | 5.4% |
| ROA | -0.3% | -2.5% | -2.2% | -9.2% | 9.1% | 3.6% | 8.2% | 7.3% | 20.5% | 9.1% | 2.9% |
| Net Profit Margin | -0.2% | -1.5% | -1.3% | -5.6% | 6.0% | 2.4% | 4.3% | 3.6% | 10.3% | 5.0% | 1.7% |
| Debt to Equity | 0.09x | 0.13x | 0.25x | 0.50x | 0.18x | 0.11x | 0.06x | 0.06x | 0.10x | 0.09x | 0.10x |
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.
Elektrotim SA dividends
- Dividend yield
- 3.64%
- Forward dividend
- 2.00 PLN
- Payout ratio
- 86.2%
- Ex-dividend date
- Jun 18, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | PLN 25.0M | 2.50 | 86.2% |
| 2024 | PLN 25.0M | 2.50 | 46.2% |
| 2023 | PLN 15.0M | 1.50 | 76.3% |
| 2022 | - | - | - |
| 2021 | PLN 270K | 0.03 | 4.1% |
| 2020 | PLN 270K | 0.03 | 1.6% |
| 2019 | PLN 270K | 0.03 | - |
| 2018 | PLN 150K | 0.02 | - |
| 2017 | PLN 3.77M | 0.38 | - |
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 Elektrotim SA
- Insiders 30.25%
- Institutions 18.67%
- Public & others 51.09%
- Shares outstanding 9.98M
- Free float 5.86M
Elektrotim SA company profile
- Company name
- Elektrotim SA
- Ticker
- ELT.WAR
- ISIN
- PLELEKT00016
- Exchange
- Warsaw Stock Exchange
- Sector
- Industrials
- Industry
- Electrical Equipment
- Employees
- 361
- Fiscal year end
- December
- Address
- St. Stargardzka 8, Wroclaw, Poland, 54-156
- Phone
- 48 71 352 1341
- Website
- elektrotim.pl
About Elektrotim SA
Elektrotim S.A., together with its subsidiaries, provides installation, traffic maintenance, high voltage, and traction power services in Poland. The company operates through Power Grids, and Installations and infrastructure segments. It offers energy generation, energy transmission, energy distribution, railway and urban, and traction power supply infrastructure services; and road and urban infrastructure, traffic engineering, municipal infrastructure, infrastructure for industrial plants, military, security services, border protection, and airports. The company also offers industry, power grid, public utility infrastructure, defense departments, traction infrastructure, safety management platform Aquila, and energy storage facilities. In addition, the company provides security systems, high voltage lines, signaling and lighting, energy storage, municipal networks, airport systems, road traffic engines, traction power supply. Elektrotim S.A. was incorporated in 1998 and is headquartered in Wroclaw, Poland.
Elektrotim SA management
1- Mr. Maciej PosadzyPresident of the Management Board