PJP Makrum SA

PJP Makrum SA has a debt-to-equity ratio of 1.33, indicating a moderate reliance on debt financing, and a current ratio of 1.45, suggesting adequate short-term liquidity to cover its obligations. The company's return on equity (ROE) is 3.74%, and its return on assets (ROA) is 1.02%, both of which are below the industry median for Construction & Engineering firms, indicating relatively weak profitability and asset utilization. The company's profitability is further reflected in its operating margin of 2.58% (12.714 million PLN operating income on 492.498 million PLN revenue) and net margin of 1.26% (6.212 million PLN net income on 492.498 million PLN revenue), which are below the industry median for Construction & Engineering firms. This suggests that PJP Makrum SA is underperforming in terms of converting revenue into profit compared to its peers. PJP Makrum SA's revenue is distributed across four segments: Docking Solutions, Steel Constructions, Industrial Construction, and Other. The Docking Solutions segment is the primary revenue driver, with Steel Constructions and Industrial Construction contributing to a lesser extent. The company's geographic exposure is primarily within Poland, with no significant international revenue disclosed in the latest financials. The company's revenue growth is expected to accelerate in the next fiscal year, with analyst estimates projecting a 32.1% increase to 650.7 million PLN from the last reported 492.5 million PLN. This growth is supported by a 25.7% increase in EBIT estimates to 32.5 million PLN. However, the company's capital expenditures of 16.542 million PLN in the latest period suggest ongoing investment in infrastructure and operations. PJP Makrum SA faces a medium liquidity risk due to its negative net cash position after subtracting total debt. The company's dilution risk is low, with no significant dilution potential identified in the latest financial data. However, the company's reliance on long-term debt (221.778 million PLN) may pose a refinancing risk in the medium term. Recent events include the company's rebranding from Projprzem Makrum SA to PJP Makrum SA, reflecting a strategic shift in its corporate identity. The company's focus on industrial and commercial construction projects, including equipped production halls and warehouses, aligns with its core competencies in the Construction & Engineering industry.