Risk factor
Very poor trading liquidity
Profitability factor
Strong margins and returns
About
Makarony Polskie S.A., operating from Rzeszów, Poland, along with its subsidiaries, is a significant producer and seller of diverse food products, with a primary focus on pasta, catering to various consumers both in Poland and abroad. The company's extensive pasta range includes traditional varieties made from durum wheat and standard wheat flour, alongside health-oriented options crafted from spelt, buckwheat, and rye flours. They also offer innovative vegetable pastas derived from legumes like chickpeas, red lentils, or green peas. These pastas, available with or without eggs, encompass numerous shapes such as spirals, elbows, threads, shells, spaghetti, and ribbons, distributed under well-known brands including Makarony Polskie, Sorenti, Solare, Stoczek, Meska Rzecz, Tenczynek, Novelle, SoFood, and Abak. Beyond pasta, Makarony Polskie S.A. manufactures a variety of preserves. This includes meat and vegetable options such as ready meals, pates, and canned lards; vegetable preserves like salads and pickles; and fruit preserves, specifically jams, marketed under the Stoczek, Tenczynek, SoFood, and Men's Rzecz brand names. Additionally, the company engages in intermediary activities, facilitating the sale of products sourced from external suppliers, primarily under the Novelle brand. Its market reach extends internationally, with products exported to countries including Germany, Latvia, Romania, the Czech Republic, Serbia, the United States, Sweden, Belarus, Ukraine, Norway, Belgium, Lithuania, Estonia, and Moldova.
Company Valuation
Considering past and projected metrics, the stock is slightly 'cheaper' than its peers. In particular, the stock is reasonably priced on P/E, of fair value on EV/EBITDA,
Target Price
The average target price of MAK.WA is 35.0 and suggests 30.1% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to in