Dashboard
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High Debt Company with a Debt to Equity ratio (avg) at times
- High Debt Company with a Debt to Equity ratio (avg) at times
- The company has been able to generate a Return on Equity (avg) of 15.47% signifying low profitability per unit of shareholders funds
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High Debt company with Weak Long Term Fundamental Strength
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Negative results in Mar 25
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Underperformed the market in the last 1 year
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
17.62%
0%
17.62%
6 Months
17.62%
0%
17.62%
1 Year
19.47%
0%
19.47%
2 Years
13.5%
0%
13.5%
3 Years
182.34%
0%
182.34%
4 Years
230.9%
0%
230.9%
5 Years
301.77%
0%
301.77%
Makarony Polskie 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)
9.98%
EBIT Growth (5y)
21.28%
EBIT to Interest (avg)
16.55
Debt to EBITDA (avg)
0.67
Net Debt to Equity (avg)
-0.22
Sales to Capital Employed (avg)
1.88
Tax Ratio
18.38%
Dividend Payout Ratio
24.58%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
21.39%
ROE (avg)
15.47%
Valuation key factors
Factor
Value
P/E Ratio
9
Industry P/E
Price to Book Value
1.42
EV to EBIT
7.34
EV to EBITDA
4.76
EV to Capital Employed
1.53
EV to Sales
0.70
PEG Ratio
NA
Dividend Yield
3.32%
ROCE (Latest)
20.92%
ROE (Latest)
15.90%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Mildly Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bearish
Mildly Bullish
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
75.70
76.80
-1.43%
Operating Profit (PBDIT) excl Other Income
10.70
12.30
-13.01%
Interest
0.30
0.50
-40.00%
Exceptional Items
0.00
-0.30
100.00%
Consolidate Net Profit
7.60
7.30
4.11%
Operating Profit Margin (Excl OI)
89.50%
110.20%
-2.07%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2025 is -1.43% vs 3.64% in Dec 2024
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2025 is 4.11% vs -10.98% in Dec 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
303.30
354.80
-14.52%
Operating Profit (PBDIT) excl Other Income
54.10
63.00
-14.13%
Interest
1.40
2.10
-33.33%
Exceptional Items
-0.30
-7.20
95.83%
Consolidate Net Profit
33.70
32.90
2.43%
Operating Profit Margin (Excl OI)
128.50%
137.60%
-0.91%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -14.52% vs 7.87% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is 2.43% vs 34.29% in Dec 2023
About Makarony Polskie SA 
Makarony Polskie SA
FMCG
Makarony Polskie SA is a Poland-based company engaged in the manufacture of pasta. It offers variety of pasta, produced with or without eggs, such as spirals, elbows, penne, farfalle, threads, shells, spaghetti, ribbons, waves and others. The Company sells its products under such brand names, as Sorenti (durum wheat pasta), Solare, Abak and Makaron Staropolski (traditional pasta). It also offers ready meals under the brand name Stoczek, as well as sauces under the brand name Sorenti. Additionally, it produces and distributes syrups, salads, pickles, jams and marmalades. The Company operates four production plants located in Rzeszow, Czestochowa, Plock and Stoczek Lukowski. The Company distributes its products through a sales network and hypermarkets in Poland, including Auchan, Tesco and exports it abroad. The Company operates through subsidiaries, such as MP Trade Sp z o o, Stoczek Sp z o o. As of April 20, 2012, the Company merged with its 100%-owned subsidiary, Stoczek Sp. z o.o.
Company Coordinates 
Company Details
Ul. Podkarpacka 15a , RZESZOW None : 35-082
Registrar Details






