Compare VRG SA with Similar Stocks
Dashboard
1
Low ability to service debt as the company has a high Debt to EBITDA ratio of 1.02 times
- Poor long term growth as Net Sales has grown by an annual rate of 13.61% and Operating profit at 131.99% over the last 5 years
- Low ability to service debt as the company has a high Debt to EBITDA ratio of 1.02 times
- The company has been able to generate a Return on Equity (avg) of 6.39% signifying low profitability per unit of shareholders funds
2
Poor long term growth as Net Sales has grown by an annual rate of 13.61% and Operating profit at 131.99% over the last 5 years
3
With ROE of 7.81%, it has a expensive valuation with a 1.08 Price to Book Value
Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
48.76%
0%
48.76%
6 Months
66.15%
0%
66.15%
1 Year
56.52%
0%
56.52%
2 Years
59.76%
0%
59.76%
3 Years
38.46%
0%
38.46%
4 Years
44.0%
0%
44.0%
5 Years
107.69%
0%
107.69%
VRG 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)
13.61%
EBIT Growth (5y)
131.99%
EBIT to Interest (avg)
3.28
Debt to EBITDA (avg)
0.57
Net Debt to Equity (avg)
0.22
Sales to Capital Employed (avg)
1.10
Tax Ratio
21.53%
Dividend Payout Ratio
11.93%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.43%
ROE (avg)
6.39%
Valuation key factors
Factor
Value
P/E Ratio
14
Industry P/E
Price to Book Value
1.08
EV to EBIT
9.92
EV to EBITDA
5.18
EV to Capital Employed
1.06
EV to Sales
0.97
PEG Ratio
13.81
Dividend Yield
NA
ROCE (Latest)
10.72%
ROE (Latest)
7.81%
Technicals key factors
Indicator
Weekly
Monthly
MACD
Bullish
Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Bullish (Daily)
KST
Bullish
Bullish
Dow Theory
No Trend
No Trend
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'26 - QoQ
Mar'26
Dec'25
Change(%)
Net Sales
356.50
487.70
-26.90%
Operating Profit (PBDIT) excl Other Income
54.30
98.90
-45.10%
Interest
6.00
5.30
13.21%
Exceptional Items
0.30
1.80
-83.33%
Consolidate Net Profit
-0.20
51.20
-100.39%
Operating Profit Margin (Excl OI)
44.20%
132.30%
-8.81%
USD in Million.
Net Sales
QoQ Growth in quarter ended Mar 2026 is -26.90% vs 40.99% in Dec 2025
Consolidated Net Profit
QoQ Growth in quarter ended Mar 2026 is -100.39% vs 312.90% in Dec 2025
Annual Results Snapshot (Consolidated) - Dec'25
Dec'25
Dec'24
Change(%)
Net Sales
1,504.80
1,375.00
9.44%
Operating Profit (PBDIT) excl Other Income
279.10
263.00
6.12%
Interest
22.70
18.60
22.04%
Exceptional Items
1.80
2.30
-21.74%
Consolidate Net Profit
98.20
86.90
13.00%
Operating Profit Margin (Excl OI)
95.00%
93.60%
0.14%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2025 is 9.44% vs 5.63% in Dec 2024
Consolidated Net Profit
YoY Growth in year ended Dec 2025 is 13.00% vs -14.55% in Dec 2024
About VRG SA 
VRG SA
Footwear
VRG SA, formerly VISTULA GROUP SA, is a Poland-based holding that specializes in the design, manufacturing and distribution of men's clothing and accessories. The Company operates in two business segments: Apparel and Jewelry. The Company's brand portfolio consists of Vistula, a men's fashion brand, which also includes Lantier and Vistula Red tailoring collections, Bytom, a men's fashion and tailoring brand, Wolczanka, a fashion and tailoring brand specializing in dress shirts, which also includes the Lambert collection, Deni Cler Milano, a women's fashion brand, and W.Kruk, which specializes in jewelry, as well as retailing of watches from Swiss manufacturers, such as Rolex, Omega and Tag Heuer, among others. The Company's own retail chain comprises more than 400 stores across Poland, as well as online stores for each brand.
Company Coordinates 
Company Details
Ul. Pilotow 10 , KRAKOW None : 31-462
Registrar Details






