SON.WAR Sonel S.A.
- Market cap
- PLN 179M
- P/E
- 18.6x
- P/B
- 1.57x
- ROE
- 9.5%
- Dividend yield
- 7.29%
- Fundamental score
- 2.5/5
Ratios use the latest price and the current fiscal year annualized from 2 quarters up to Jun 2026.
Is SON.WAR undervalued?
Graham numberSON.WAR trades 13.6% 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?
Sonel S.A. fundamental analysis
11 of 22 checks passedROE 0/2
Low return on equity (9.5%), below 10%.
ROA 1/1
Return on assets (6.8%) is above the industry median (2.4%).
Profit Consistency 2/2
Profitable for 10 consecutive years.
Earnings Growth 5Y 0/1
Earnings per share did not grow over the past 5 years.
Earnings Acceleration 0/1
Last year's EPS growth (-52.1%) is not above the 5-year average (-2.9% a year).
Earnings Growth vs Industry 0/1
Last year's EPS growth (-52.1%) is below the industry median (5.1%).
Revenue Growth 1/2
Revenue grew 5.2% 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 (1.3%), 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 1/1
EBIT is 28.8x against interest expense, well covered.
PE vs Market 0/1
PE (18.6x) is above the market median (11.6x).
PE vs Industry 0/1
PE (18.6x) is above the industry median (15.3x).
PBV 0/1
Price to book (1.6x) is above the industry median (1.5x).
Graham Number 0/1
The price is above the Graham number (PE x PB = 29.0, limit 22.5).
PEG 0/1
PEG needs positive PE and positive 5-year earnings growth.
Dividend Yield 2/2
Dividend yield (7.3%) is in the top 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 0/1
Payout ratio is 112.9%, above 90% of 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
Sonel S.A. stock price
Prices on the chart can differ slightly from the closing prices StockSummer uses for its ratios.
About Sonel S.A.
Sonel S.A. engages in the production and sale of electronic measuring instruments in Poland. The company offers electrical safety measurements, including multifunctional installation, insulation resistance, earth ground, loop impedance, RCD, PV installation, and EV charging station testers; and power quality analysis, safety of electrical equipment, low resistance measurements, and thermal imagers and pyrometers products, as well as instruments for detecting cables, conducto…
Full company profileSonel 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.
Sonel 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 | 81.7M | 87.3M | 91.7M | 109M | 116M | 158M | 180M | 214M | 242M | 209M | 158M |
| Gross Profit | 22.1M | 23.9M | 28.7M | 29.1M | 34.1M | 39.1M | 39.1M | 44.3M | 57.7M | 41.5M | 41.0M |
| Operating Income | 9.61M | 6.28M | 8.45M | 10.8M | 14.8M | 15.8M | 15.3M | 20.1M | 26.8M | 12.6M | 11.0M |
| EBITDA | 16.1M | 13.2M | 15.1M | 17.5M | 21.4M | 23.5M | 23.7M | 31.8M | 38.0M | 24.1M | 22.1M |
| Net Income | 9.38M | 4.42M | 7.74M | 9.45M | 13.4M | 16.2M | 14.6M | 19.5M | 24.2M | 11.6M | 10.9M |
| EPS | 0.67 | 0.32 | 0.55 | 0.68 | 0.96 | 1.15 | 1.04 | 1.39 | 1.73 | 0.83 | 0.78 |
| Balance Sheet | |||||||||||
| Total Assets | 89.7M | 91.6M | 95.4M | 105M | 116M | 154M | 172M | 165M | 195M | 149M | 159M |
| Total Liabilities | 15.9M | 17.0M | 14.6M | 21.9M | 25.4M | 58.5M | 68.9M | 50.1M | 65.6M | 26.7M | 42.5M |
| Shareholders' Equity | 73.8M | 74.7M | 80.9M | 83.6M | 90.4M | 92.3M | 99.5M | 109M | 130M | 119M | 114M |
| Cash & Short-term Investments | 8.96M | 4.91M | 6.77M | 8.02M | 25.7M | 12.4M | 14.5M | 18.7M | 16.5M | 21.5M | 23.8M |
| Total Debt | 496K | 1.49M | 610K | 1.21M | 1.62M | 620K | 5.80M | 1.03M | 8.53M | 1.58M | 1.55M |
| Cash Flow | |||||||||||
| Operating Cash Flow | 8.19M | 6.45M | 11.8M | 15.1M | 27.6M | 11.1M | 12.8M | 31.4M | 21.2M | 31.3M | 14.4M |
| Capital Expenditure | 5.66M | 8.35M | 8.66M | 10.4M | 8.95M | 11.3M | 7.60M | 14.2M | 19.1M | 6.93M | 8.87M |
| Free Cash Flow | 2.52M | -1.90M | 3.14M | 4.66M | 18.6M | -142K | 5.21M | 17.2M | 1.84M | 24.4M | 5.50M |
| Ratios | |||||||||||
| ROE | 12.7% | 5.9% | 9.6% | 11.3% | 14.8% | 17.5% | 14.7% | 17.9% | 18.6% | 9.7% | 9.5% |
| ROA | 10.4% | 4.8% | 8.1% | 9.0% | 11.6% | 10.5% | 8.5% | 11.8% | 12.4% | 7.8% | 6.8% |
| Net Profit Margin | 11.5% | 5.1% | 8.4% | 8.7% | 11.5% | 10.2% | 8.1% | 9.1% | 10.0% | 5.5% | 6.9% |
| Debt to Equity | 0.01x | 0.02x | 0.01x | 0.01x | 0.02x | 0.01x | 0.06x | 0.01x | 0.07x | 0.01x | 0.01x |
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.
Sonel S.A. dividends
- Dividend yield
- 7.29%
- Forward dividend
- 0.70 PLN
- Payout ratio
- 112.9%
- Ex-dividend date
- Jun 24, 2026
| Fiscal year | Dividends paid | Per share | Payout ratio |
|---|---|---|---|
| 2025 | PLN 13.1M | 0.93 | 112.9% |
| 2024 | PLN 10.9M | 0.78 | 45.2% |
| 2023 | PLN 8.40M | 0.60 | 43.1% |
| 2022 | PLN 7.00M | 0.50 | 47.9% |
| 2021 | PLN 14.0M | 1.00 | 86.6% |
| 2020 | PLN 5.60M | 0.40 | 41.8% |
| 2019 | PLN 7.00M | 0.50 | 74.1% |
| 2018 | PLN 1.40M | 0.10 | 18.1% |
| 2017 | PLN 3.50M | 0.25 | 79.1% |
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 Sonel S.A.
- Insiders 66.96%
- Institutions 10.06%
- Public & others 22.98%
- Shares outstanding 14.0M
- Free float 3.55M
Sonel S.A. company profile
- Company name
- Sonel S.A.
- Ticker
- SON.WAR
- ISIN
- PLSONEL00011
- Exchange
- Warsaw Stock Exchange
- Sector
- Technology
- Industry
- Electronic Equipment, Instruments & Components
- Employees
- 380
- Fiscal year end
- December
- Address
- ul. Stanislawa Wokulskiego 11, Swidnica, Poland, 58-100
- Phone
- 48 748 84 10 53
- Website
- sonel.pl
About Sonel S.A.
Sonel S.A. engages in the production and sale of electronic measuring instruments in Poland. The company offers electrical safety measurements, including multifunctional installation, insulation resistance, earth ground, loop impedance, RCD, PV installation, and EV charging station testers; and power quality analysis, safety of electrical equipment, low resistance measurements, and thermal imagers and pyrometers products, as well as instruments for detecting cables, conductors, and pipes in various environments. It also provides multimeters, clamp meters, voltage testers, phase sequence and motor rotation tester, and distance meters; and measuring sets, illuminance measurements, acoustic testers, leakage current alarm, partial discharge measurements, high voltage equipment, and laboratory and training equipment. In addition, the company offers accessories comprising adapters, clamps, test lead and probes, crocodile clips and cramps, power and batteries, carrying cases and straps, tools, other accessories, shunts, and accessories for thermal imagers and PAT series; and software products. Its products are used for electromobility, photovoltaic, industry and production, energy efficiency, and safety of electrical equipment applications. Sonel S.A. was founded in 1989 and is headquartered in Swidnica, Poland.
Sonel S.A. management
4- Mr. Tomasz WisniewskPresident of the Management Board
- Mr. Tomasz HodijVP of Finance and Corporate Affairs & Member of Management Board
- Piotr SaciukVP of Sales, Subsidiary Supervision & Member of the Management Board
- Magdalena AndrzejewskaChief Accountant