HRS.WAR Herkules S.A.
- Market cap
- PLN 57.8M
- P/E
- 1.7x
- P/B
- 0.52x
- ROE
- -4.3%
- Dividend yield
- -
- Fundamental score
- 2.3/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is HRS.WAR undervalued?
Graham numberThe Graham number of Herkules S.A. cannot be estimated reliably (the estimate is too far from the market price).
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?
Herkules S.A. fundamental analysis
11 of 21 checks passedROE 0/2
Low return on equity (-4.3%), below 10%.
ROA 0/1
Return on assets (-2.2%) is below the industry median (1.8%).
Profit Consistency 0/2
Not profitable for at least 3 consecutive years.
Earnings Growth 5Y 1/1
Earnings per share grew over the past 5 years.
Earnings Acceleration 1/1
Last year's EPS growth (695.6%) is above the 5-year average (47.6% a year).
Earnings Growth vs Industry 1/1
Last year's EPS growth (695.6%) is above the industry median (6.9%).
Revenue Growth 0/2
Revenue shrank 12.9% a year over the past 3 years.
Short-term Liquidity 0/1
Current assets do not cover short-term liabilities.
Long-term Liabilities 0/1
Current assets do not cover long-term liabilities.
Debt to Equity 2/2
Low debt to equity (23.9%), 40% or less.
Debt Trend 1/1
Debt to equity has not risen over the past 5 years.
Cash Runway 2/2
Loss-making but free cash flow is positive.
PE vs Market 1/1
PE (1.7x) is below the market median (11.6x).
PE vs Industry 1/1
PE (1.7x) is below the industry median (11.6x).
PBV 1/1
Price to book (0.5x) is below the industry median (1.6x).
Graham Number 1/1
The price is below the Graham number (PE x PB = 0.9, limit 22.5).
PEG 1/1
PEG on 5-year earnings growth is 0.04, growth is cheap.
Dividend Yield 0/2
No dividend paid in the last reported year.
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 0/1
No dividend, or no profit to pay it from.
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
Herkules S.A. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Herkules S.A.
Herkules S.A. engages in the hoisting equipment rental and oversize load shipping activities in Poland. It rents tower, self-propelled, cravler, and tracked cranes. The company also provides services related to the construction of finished buildings; undertakes construction of cable lines and overhead power lines, optical fiber cable runs, power substations, and electrical installations; and installs guaranteed power supplies, such as power generators and UPS systems. In add…
Full company profileHerkules S.A. 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.
Herkules S.A. 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 | 128M | 129M | 134M | 124M | 151M | 164M | 157M | 126M | 108M | 104M | 98.5M |
| Gross Profit | 113M | 111M | 113M | 110M | 125M | 132M | 126M | 104M | 90.6M | -1.98M | -688K |
| Operating Income | 14.4M | 9.77M | 12.2M | -14.5M | 10.6M | 5.77M | 7.62M | 2.99M | -4.29M | -7.85M | -5.89M |
| EBITDA | 36.5M | 25.5M | 33.6M | -8.13M | 27.9M | 26.7M | 29.3M | -39.7M | 19.4M | 8.94M | 9.76M |
| Net Income | 10.3M | 1.97M | 7.28M | -38.9M | 4.37M | 655K | -6.82M | -71.2M | -5.04M | 30.0M | -4.90M |
| EPS | 0.24 | 0.05 | 0.17 | -1.04 | 0.13 | 0.02 | -0.20 | -2.09 | -0.15 | 0.88 | -0.14 |
| Balance Sheet | |||||||||||
| Total Assets | 408M | 395M | 391M | 350M | 367M | 349M | 349M | 272M | 259M | 230M | 221M |
| Total Liabilities | 179M | 182M | 202M | 201M | 214M | 195M | 220M | 183M | 172M | 113M | 107M |
| Shareholders' Equity | 227M | 212M | 189M | 149M | 153M | 154M | 161M | 89.7M | 87.0M | 117M | 115M |
| Cash & Short-term Investments | 8.35M | 9.82M | 8.02M | 7.68M | 33.8M | 10.5M | 4.93M | 11.1M | 11.2M | 14.2M | 17.3M |
| Total Debt | 99.3M | 109M | 116M | 99.6M | 105M | 91.1M | 87.2M | 59.8M | 60.5M | 32.3M | 27.4M |
| Cash Flow | |||||||||||
| Operating Cash Flow | 22.4M | 28.9M | 42.3M | 17.5M | 18.2M | -4.70M | 20.0M | 30.0M | 13.5M | 7.74M | 14.2M |
| Capital Expenditure | 2.43M | 3.43M | 2.69M | 3.11M | 2.40M | 2.57M | 5.90M | 5.90M | 1.56M | 1.38M | 404K |
| Free Cash Flow | 20.0M | 25.5M | 39.6M | 14.4M | 15.8M | -7.27M | 14.1M | 22.6M | 7.91M | 6.35M | 13.8M |
| Ratios | |||||||||||
| ROE | 4.5% | 0.9% | 3.9% | -26.1% | 2.9% | 0.4% | -4.2% | -79.3% | -5.8% | 25.6% | -4.3% |
| ROA | 2.5% | 0.5% | 1.9% | -11.1% | 1.2% | 0.2% | -2.0% | -26.1% | -1.9% | 13.0% | -2.2% |
| Net Profit Margin | 8.0% | 1.5% | 5.4% | -31.3% | 2.9% | 0.4% | -4.3% | -56.5% | -4.7% | 28.9% | -5.0% |
| Debt to Equity | 0.44x | 0.51x | 0.61x | 0.67x | 0.69x | 0.59x | 0.54x | 0.67x | 0.70x | 0.28x | 0.24x |
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.
Herkules S.A. dividends
- Dividend yield
- -
- Forward dividend
- -
- Payout ratio
- -
- Ex-dividend date
- Aug 28, 2018
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | - | - | - |
| 2024 | - | - | - |
| 2023 | - | - | - |
| 2022 | - | - | - |
| 2021 | - | - | - |
| 2020 | - | - | - |
| 2019 | - | - | - |
| 2018 | PLN 3.04M | 0.07 | 41.8% |
| 2017 | PLN 6.72M | 0.15 | 341.0% |
From the cash flow statement: dividends paid in the fiscal year, divided by that year's shares outstanding. Payout ratio = dividends paid / net income.
Last stock split: 1:5 on Sep 18, 2012.
Who owns Herkules S.A.
- Insiders 0.00%
- Institutions 49.27%
- Public & others 50.73%
- Shares outstanding 34.1M
- Free float 16.4M
Herkules S.A. company profile
- Company name
- Herkules S.A.
- Ticker
- HRS.WAR
- ISIN
- PLZRWZW00012
- Exchange
- Warsaw Stock Exchange
- Sector
- Industrials
- Industry
- Trading Companies & Distributors
- Employees
- 147
- Fiscal year end
- December
- Address
- ul. Annopol 5, Warsaw, Poland, 03-236
- Phone
- 48 22 519 4444
- Website
- herkules-polska.pl
About Herkules S.A.
Herkules S.A. engages in the hoisting equipment rental and oversize load shipping activities in Poland. It rents tower, self-propelled, cravler, and tracked cranes. The company also provides services related to the construction of finished buildings; undertakes construction of cable lines and overhead power lines, optical fiber cable runs, power substations, and electrical installations; and installs guaranteed power supplies, such as power generators and UPS systems. In addition, the company offers construction services for the telecommunication sector and wind farms; and manufactures pretensioned concrete and reinforced concrete rings. The company was formerly known as Gastel Zurawie S.A. and changed its name to Herkules S.A. in December 2011. Herkules S.A. was founded in 2006 and is headquartered in Warsaw, Poland.
Herkules S.A. management
3- Mr. Mariusz ZawiszaPresident of the Management Board
- Mateusz RychlewskiVice President of the Management Board
- Zbigniew SojkaFinancial Director