Why is KPPD SA ?
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of -0.78 times
- Low ability to service debt as the company has a high Debt to EBITDA ratio of -0.78 times
2
Poor long term growth as Net Sales has grown by an annual rate of 1.41% over the last 5 years
3
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -15.00%, its profits have fallen by -144%
4
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -15.00% returns in the last 1 year, the stock has also underperformed Poland WIG in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Building Products)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is KPPD SA for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
KPPD SA
-15.0%
-1.16
41.41%
Poland WIG
27.62%
1.38
19.95%
Quality key factors
Factor
Value
Sales Growth (5y)
1.41%
EBIT Growth (5y)
-249.69%
EBIT to Interest (avg)
-7.72
Debt to EBITDA (avg)
0.35
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
2.55
Tax Ratio
21.40%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
10.48%
ROE (avg)
8.41%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
Price to Book Value
0.40
EV to EBIT
-1.73
EV to EBITDA
-3.56
EV to Capital Employed
0.50
EV to Sales
0.21
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-29.17%
ROE (Latest)
-40.26%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bullish
Technical Movement
8What is working for the Company
OPERATING CASH FLOW(Y)
Highest at PLN 0.68 MM
NET PROFIT(HY)
Higher at PLN -12.13 MM
RAW MATERIAL COST(Y)
Fallen by -520% (YoY
INVENTORY TURNOVER RATIO(HY)
Highest at 7.17 times
DEBTORS TURNOVER RATIO(HY)
Highest at 11.09 times
0What is not working for the Company
NO KEY NEGATIVE TRIGGERS
Here's what is working for KPPD SA
Net Profit
Higher at PLN -12.13 MM
than preceding 12 month period ended Sep 2025MOJO Watch
In the half year the company has already crossed Net Profit of the previous twelve months
Net Profit (PLN MM)
Operating Cash Flow
Highest at PLN 0.68 MM
in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (PLN MM)
Inventory Turnover Ratio
Highest at 7.17 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its inventory faster
Inventory Turnover Ratio
Debtors Turnover Ratio
Highest at 11.09 times
in the last five Semi-Annual periodsMOJO Watch
Company has been able to sell its Debtors faster
Debtors Turnover Ratio
Raw Material Cost
Fallen by -520% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has improved; this may lead to a rise in profit margin
Raw Material Cost as a percentage of Sales






