Dashboard
1
Company has a low Debt to Equity ratio (avg) at times
2
Poor long term growth as Net Sales has grown by an annual rate of 3.44% and Operating profit at -14.12% over the last 5 years
3
Flat results in Mar 25
4
With ROE of 6.85%, it has a fair valuation with a 0.87 Price to Book Value
5
Consistent Underperformance against the benchmark over the last 3 years
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-6.96%
0%
-6.96%
6 Months
-8.15%
0%
-8.15%
1 Year
-6.96%
0%
-6.96%
2 Years
-4.89%
0%
-4.89%
3 Years
-10.83%
0%
-10.83%
4 Years
5.94%
0%
5.94%
5 Years
42.67%
0%
42.67%
Forbuild SA for the last several years.
Risk Adjusted Returns v/s 
News
No Recent News for the Company
Announcements 
No announcement available
Corporate Actions 
No corporate action available
Quality key factors 
Factor
Value
Sales Growth (5y)
3.44%
EBIT Growth (5y)
-14.12%
EBIT to Interest (avg)
9.24
Debt to EBITDA (avg)
0.17
Net Debt to Equity (avg)
0.08
Sales to Capital Employed (avg)
1.63
Tax Ratio
23.06%
Dividend Payout Ratio
78.13%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
15.59%
ROE (avg)
12.99%
Valuation key factors
Factor
Value
P/E Ratio
13
Industry P/E
Price to Book Value
0.87
EV to EBIT
13.07
EV to EBITDA
7.38
EV to Capital Employed
0.88
EV to Sales
0.57
PEG Ratio
NA
Dividend Yield
7.37%
ROCE (Latest)
6.71%
ROE (Latest)
6.85%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
No Trend
Mildly Bullish
OBV
No Trend
Mildly Bearish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Mar'25 - QoQ
Mar'25
Dec'24
Change(%)
Net Sales
26.60
25.50
4.31%
Operating Profit (PBDIT) excl Other Income
2.30
1.70
35.29%
Interest
0.20
0.10
100.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
1.40
0.70
100.00%
Operating Profit Margin (Excl OI)
52.00%
33.30%
1.87%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2025 is 4.31% vs -0.78% in Dec 2024
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2025 is 100.00% vs -50.00% in Dec 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
103.30
103.70
-0.39%
Operating Profit (PBDIT) excl Other Income
9.00
8.20
9.76%
Interest
0.40
0.20
100.00%
Exceptional Items
0.00
0.00
Consolidate Net Profit
5.10
4.20
21.43%
Operating Profit Margin (Excl OI)
54.50%
47.60%
0.69%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -0.39% vs -13.44% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 21.43% vs -63.48% in Dec 2023
About Forbuild SA 
Forbuild SA
Construction
Forbuild SA, previously Betomax Polska SA, is a Poland-based company active in the construction and engineering sector. The Company provides such services as installation of assembly profiles, structural bearings and construction of insulation systems. It also provides construction machinery rental services, such as pallet assemblies, security systems and unloading platforms; as well as professional development trainings. The Company is a producer of construction materials. It offers concrete, insulation materials, bearings, chemicals and adhesives, pallet assemblies and steel structures, among others. The Company is active in such segments as residential, commercial, industrial, public and warehousing construction.
Company Coordinates 
Company Details
Ul. Gorna 2a , KONSKIE None : 26-200
Registrar Details






