Dashboard
1
High Management Efficiency with a high ROE of 12.46%
2
Poor long term growth as Operating profit has grown by an annual rate 1.70% of over the last 5 years
3
The company declared positive results in Dec'24 after negative results in Sep'24
4
With ROE of 18.57%, it has a very attractive valuation with a 1.17 Price to Book Value
Stock DNA
Computers - Software & Consulting
PLN 47 Million (Micro Cap)
6.00
NA
2.24%
-0.76
14.82%
1.43
Revenue and Profits:
Net Sales:
19 Million
(Quarterly Results - Dec 2025)
Net Profit:
1 Million
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-10.14%
0%
-10.14%
6 Months
29.13%
0%
29.13%
1 Year
24.3%
0%
24.3%
2 Years
49.1%
0%
49.1%
3 Years
2.31%
0%
2.31%
4 Years
51.14%
0%
51.14%
5 Years
-11.33%
0%
-11.33%
MakoLab 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)
9.90%
EBIT Growth (5y)
1.70%
EBIT to Interest (avg)
3.57
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.62
Sales to Capital Employed (avg)
2.61
Tax Ratio
28.00%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
38.55%
ROE (avg)
12.46%
Valuation key factors
Factor
Value
P/E Ratio
6
Industry P/E
Price to Book Value
1.17
EV to EBIT
2.45
EV to EBITDA
2.14
EV to Capital Employed
1.44
EV to Sales
0.22
PEG Ratio
0.06
Dividend Yield
2.91%
ROCE (Latest)
58.90%
ROE (Latest)
18.57%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Bullish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
No Trend
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Dec'25 - QoQ
Dec'25
Sep'25
Change(%)
Net Sales
19.10
20.50
-6.83%
Operating Profit (PBDIT) excl Other Income
1.10
2.20
-50.00%
Interest
0.30
0.00
Exceptional Items
-0.00
-0.10
100.00%
Consolidate Net Profit
0.60
1.70
-64.71%
Operating Profit Margin (Excl OI)
47.60%
98.80%
-5.12%
USD in Million.
Net Sales
QoQ Growth in quarter ended Dec 2025 is -6.83% vs 1.99% in Sep 2025
Consolidated Net Profit
QoQ Growth in quarter ended Dec 2025 is -64.71% vs -19.05% in Sep 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
77.90
75.10
3.73%
Operating Profit (PBDIT) excl Other Income
7.00
7.20
-2.78%
Interest
0.80
0.20
300.00%
Exceptional Items
-0.10
-0.00
Consolidate Net Profit
4.70
5.30
-11.32%
Operating Profit Margin (Excl OI)
79.40%
81.00%
-0.16%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 3.73% vs 3.87% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is -11.32% vs 140.91% in Dec 2024
About MakoLab SA 
MakoLab SA
Computers - Software & Consulting
MakoLab SA is a Poland-based company active in the information technology (IT) sector. Products and services of the Company are divided into two main business lines: Web Media and Busines Solutions, as well as three auxiliary business lines: Data Center, Telecommunication and Science. The Company offers Internet portals, websites and mobile apps, logistic systems, management systems, financial systems, telecommunication solutions, hosting services and other products from the area of maintenance and management of IT infrastructure. It operates a main office in Lodz, two sales offices in Lodz and Warsaw, as well as one ofice in Paris, France.
Company Coordinates 
Company Details
Ul. Ogrodowa 8 , LODZ None : 91-062
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