Dashboard
1
Poor Management Efficiency with a low ROCE of 9.46%
- The company has been able to generate a Return on Capital Employed (avg) of 9.46% signifying low profitability per unit of total capital (equity and debt)
2
Low ability to service debt as the company has a high Debt to EBITDA ratio of 2.44 times
3
Poor long term growth as Operating profit has grown by an annual rate -12.42% of over the last 5 years
4
The company has declared Negative results for the last 6 consecutive quarters
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
-5.65%
0%
-5.65%
6 Months
-13.41%
0%
-13.41%
1 Year
-11.25%
0%
-11.25%
2 Years
-15.48%
0%
-15.48%
3 Years
12.7%
0%
12.7%
4 Years
16.39%
0%
16.39%
5 Years
-11.25%
0%
-11.25%
PJP Makrum 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)
5.91%
EBIT Growth (5y)
-12.42%
EBIT to Interest (avg)
4.63
Debt to EBITDA (avg)
2.44
Net Debt to Equity (avg)
0.57
Sales to Capital Employed (avg)
1.76
Tax Ratio
16.92%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
9.46%
ROE (avg)
10.01%
Valuation key factors
Factor
Value
P/E Ratio
8
Industry P/E
Price to Book Value
0.55
EV to EBIT
10.58
EV to EBITDA
6.89
EV to Capital Employed
0.72
EV to Sales
0.41
PEG Ratio
0.36
Dividend Yield
3.41%
ROCE (Latest)
6.76%
ROE (Latest)
7.20%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
Mildly Bearish
No Trend
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
109.50
113.40
-3.44%
Operating Profit (PBDIT) excl Other Income
4.20
6.80
-38.24%
Interest
2.60
2.90
-10.34%
Exceptional Items
0.00
1.10
-100.00%
Consolidate Net Profit
0.70
5.20
-86.54%
Operating Profit Margin (Excl OI)
16.10%
40.80%
-2.47%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2025 is -3.44% vs -1.65% in Dec 2024
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2025 is -86.54% vs 4.00% in Dec 2024
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
444.50
427.20
4.05%
Operating Profit (PBDIT) excl Other Income
20.60
29.20
-29.45%
Interest
10.70
7.10
50.70%
Exceptional Items
1.20
-0.30
500.00%
Consolidate Net Profit
10.50
17.70
-40.68%
Operating Profit Margin (Excl OI)
25.80%
49.80%
-2.40%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is 4.05% vs -19.76% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -40.68% vs -37.89% in Dec 2023
About PJP Makrum SA 
PJP Makrum SA
Construction
PJP Makrum SA, formerly known asrProjprzem Makrum SA, is a Poland-based company active in the construction industry. Its business is divided into four segments: Docking Solutions, Steel Constructions, Industrial Construction, and Other, which includes real estate leasing and rental, among others. The Docking Solutions offering includes the production, sale and maintenance of dock levellers, loading ramps, dock shelters, sectional industrial doors and high-speed shutters, among others, under the PromStahl brand. The Steel Constructions comprises mainly industrial halls and warehouses for the power, chemical and environmental industries. The Company operates as a general contractor of construction projects, specializing in the construction of equipped production halls, and additionally delivering also office buildings, shopping centers, supermarkets and residential buildings.
Company Coordinates 
Company Details
Plac Koscieleckich 3 , BYDGOSZCZ None : 85-033
Registrar Details






