Total Returns (Price + Dividend) 
TimePeriod
Price Return
Dividend Return
Total Return
3 Months
3.5%
0%
3.5%
6 Months
12.46%
0%
12.46%
1 Year
32.92%
0%
32.92%
2 Years
19.93%
0%
19.93%
3 Years
144.36%
0%
144.36%
4 Years
136.36%
0%
136.36%
5 Years
83.1%
0%
83.1%
Zespol Elektrocieplowni Wroclawskich Kogeneracja 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)
17.45%
EBIT Growth (5y)
34.63%
EBIT to Interest (avg)
33.42
Debt to EBITDA (avg)
0.26
Net Debt to Equity (avg)
0.14
Sales to Capital Employed (avg)
1.07
Tax Ratio
19.72%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
8.67%
ROE (avg)
9.62%
Valuation key factors
Factor
Value
P/E Ratio
6
Industry P/E
Price to Book Value
0.36
EV to EBIT
7.18
EV to EBITDA
3.04
EV to Capital Employed
0.43
EV to Sales
0.47
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
6.00%
ROE (Latest)
6.39%
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 Bearish
Mildly Bullish
OBV
Mildly Bearish
Mildly Bullish
Shareholding Snapshot
No data for shareholding present.
Shareholding Compare (%holding) 
No data for shareholding present.
Quarterly Results Snapshot (Consolidated) - Sep'25 - QoQ
Sep'25
Jun'25
Change(%)
Net Sales
402.10
446.00
-9.84%
Operating Profit (PBDIT) excl Other Income
35.40
64.80
-45.37%
Interest
6.10
3.60
69.44%
Exceptional Items
5.10
17.90
-71.51%
Consolidate Net Profit
-15.00
22.40
-166.96%
Operating Profit Margin (Excl OI)
-64.30%
13.90%
-7.82%
USD in Million.
Net Sales
QoQ Growth in quarter ended Sep 2025 is -9.84% vs -49.32% in Jun 2025
Consolidated Net Profit
QoQ Growth in quarter ended Sep 2025 is -166.96% vs -82.39% in Jun 2025
Annual Results Snapshot (Consolidated) - Dec'24
Dec'24
Dec'23
Change(%)
Net Sales
2,556.90
3,164.40
-19.20%
Operating Profit (PBDIT) excl Other Income
437.00
614.40
-28.87%
Interest
5.30
10.40
-49.04%
Exceptional Items
4.30
-108.70
103.96%
Consolidate Net Profit
201.80
256.70
-21.39%
Operating Profit Margin (Excl OI)
81.70%
129.70%
-4.80%
USD in Million.
Net Sales
YoY Growth in year ended Dec 2024 is -19.20% vs 74.62% in Dec 2023
Consolidated Net Profit
YoY Growth in year ended Dec 2024 is -21.39% vs 68.88% in Dec 2023
About Zespol Elektrocieplowni Wroclawskich Kogeneracja SA 
Zespol Elektrocieplowni Wroclawskich Kogeneracja SA
Power
Zespol Elektrocieplowni Wroclawskich Kogeneracja SA (Kogeneracja SA) is a Poland-based power industry company operating in the production of heating and electricity, as well as wholesale and retail of heat and electric power. In addition, the Company uses and utilizes the combustion side-products and supply of biomass for energy production from renewable sources, production of construction compounds based on cement, aggregates and by-products of coal combustion . The Company operates through three production plants, such as Elektrocieplownia Wroclaw, Elektrocieplownia Czechnica and Elektrocieplownia Zawidawie. Kogeneracja SA is active through subsidiary EC Zielona Gora SA, which produces electricity, and produces and distributes heat.
Company Coordinates 
Company Details
Ul. Lowiecka 24 , WROCLAW None : 50-220
Registrar Details






