Reported Earnings • May 17
First quarter 2026 earnings released: EPS: €0.10 (vs €0.13 loss in 1Q 2025) First quarter 2026 results: EPS: €0.10 (up from €0.13 loss in 1Q 2025). Revenue: €57.4m (up 72% from 1Q 2025). Net income: €1.87m (up €4.08m from 1Q 2025). Profit margin: 3.3% (up from net loss in 1Q 2025). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. Annuncio • Mar 28
Masterplast Nyrt., Annual General Meeting, Apr 29, 2026 Masterplast Nyrt., Annual General Meeting, Apr 29, 2026, at 11:00 Central Europe Standard Time. Location: 8143 sarszentmihaly, arpad u. 1/a, hungary, Hungary Reported Earnings • Mar 02
Full year 2025 earnings released: €0.74 loss per share (vs €0.29 loss in FY 2024) Full year 2025 results: €0.74 loss per share (further deteriorated from €0.29 loss in FY 2024). Revenue: €171.2m (up 26% from FY 2024). Net loss: €14.2m (loss widened 195% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 02
Third quarter 2025 earnings released: €0.03 loss per share (vs €0.08 loss in 3Q 2024) Third quarter 2025 results: €0.03 loss per share (improved from €0.08 loss in 3Q 2024). Revenue: €44.5m (up 25% from 3Q 2024). Net loss: €611.0k (loss narrowed 56% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 58 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 27
Second quarter 2025 earnings released: €0.14 loss per share (vs €0.11 loss in 2Q 2024) Second quarter 2025 results: €0.14 loss per share (further deteriorated from €0.11 loss in 2Q 2024). Revenue: €32.4m (down 6.2% from 2Q 2024). Net loss: €2.48m (loss widened 38% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • May 17
First quarter 2025 earnings released: €0.13 loss per share (vs €0.001 profit in 1Q 2024) First quarter 2025 results: €0.13 loss per share (down from €0.001 profit in 1Q 2024). Revenue: €33.5m (up 2.4% from 1Q 2024). Net loss: €2.21m (down €2.23m from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Board Change • May 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Margaret Dezse was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Annuncio • Dec 20
Masterplast Nyrt., Annual General Meeting, Apr 24, 2025 Masterplast Nyrt., Annual General Meeting, Apr 24, 2025. Annuncio • Sep 24
Masterplast Nyrt.(BUSE:MASTERPLAST) dropped from Hungarian Traded (HUF) Index Masterplast Nyrt. has been dropped from the Hungarian Traded Index . New Risk • Jul 31
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 25% per year over the past 5 years. Reported Earnings • May 17
First quarter 2024 earnings released First quarter 2024 results: Revenue: €32.7m (down 13% from 1Q 2023). Net income: €21.0k (up €5.87m from 1Q 2023). Profit margin: 0.1% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Annuncio • Mar 23
Masterplast Nyrt., Annual General Meeting, Apr 25, 2024 Masterplast Nyrt., Annual General Meeting, Apr 25, 2024, at 11:00 Central European Standard Time. Location: Árpád u. 1/A. Sarszentmihaly Hungary Agenda: To approve the financial statement of 2023 and consolidated financial statement of 2023 on the opinion of the Audit Committee and the report of the Auditor; to approve Corporate Governance Report of 2023; to approve Company's remuneration report of 2023; to approve evaluation of the work of the Board of Directors in 2023 and hold-harmless warrant to be granted to the members of the Board of Directors; to approve the Company's amended Remuneration Policy; to approve election of the members of the Board of Directors, Audit Committee and Auditor, and on their remuneration; to consider modification of the Articles of Association; and to consider other matters. Reported Earnings • Mar 01
Full year 2023 earnings released: €0.88 loss per share (vs €1.06 profit in FY 2022) Full year 2023 results: €0.88 loss per share (down from €1.06 profit in FY 2022). Revenue: €145.2m (down 28% from FY 2022). Net loss: €15.7m (down 200% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has increased by 7% per year, which means it is well ahead of earnings. Buy Or Sell Opportunity • Jan 26
Now 20% undervalued Over the last 90 days, the stock has risen 8.9% to Ft2,940. The fair value is estimated to be Ft3,679, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Annuncio • Jan 24
MASTERPLAST Nyilvánosan Mköd Részvénytársaság Appoints Illés Jancsó as Deputy Chief Executive Officer MASTERPLAST Nyilvánosan Mköd Részvénytársaság announced that chief executive officer Dávid Tibor has appointed Illés Jancsó as deputy chief executive officer of the company for an indefinite term from 22 January 2024. Buying Opportunity • Jan 09
Now 20% undervalued Over the last 90 days, the stock is up 6.8%. The fair value is estimated to be Ft3,628, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Oct 28
Third quarter 2023 earnings released: €0.04 loss per share (vs €0.33 profit in 3Q 2022) Third quarter 2023 results: €0.04 loss per share (down from €0.33 profit in 3Q 2022). Revenue: €38.3m (down 30% from 3Q 2022). Net loss: €679.0k (down 112% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 49% per year, which means it is well ahead of earnings. Reported Earnings • Jul 31
Second quarter 2023 earnings released: €0.77 loss per share (vs €0.57 profit in 2Q 2022) Second quarter 2023 results: €0.77 loss per share (down from €0.57 profit in 2Q 2022). Revenue: €37.8m (down 34% from 2Q 2022). Net loss: €12.7m (down 255% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 66% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Jul 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Hungarian stocks, typically moving 7.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (1.9% operating cash flow to total debt). High level of non-cash earnings (29% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (7.3% average weekly change). Profit margins are more than 30% lower than last year (3.5% net profit margin). Shareholders have been diluted in the past year (15% increase in shares outstanding). Valuation Update With 7 Day Price Move • Jul 25
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to Ft2,890, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 14x in the Building industry in Europe. Total returns to shareholders of 393% over the past three years. Valuation Update With 7 Day Price Move • Apr 28
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to Ft2,360, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 14x in the Building industry in Europe. Total returns to shareholders of 297% over the past three years. Board Change • Nov 16
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Upcoming Dividend • Sep 23
Upcoming dividend of Ft55.00 per share Eligible shareholders must have bought the stock before 30 September 2022. Payment date: 10 October 2022. Payout ratio is a comfortable 12% but the company is not cash flow positive. Trailing yield: 1.3%. Lower than top quartile of Hungarian dividend payers (6.0%). Lower than average of industry peers (2.5%). Reported Earnings • Aug 01
Second quarter 2022 earnings released: EPS: €0.57 (vs €0.44 in 2Q 2021) Second quarter 2022 results: EPS: €0.57 (up from €0.44 in 2Q 2021). Revenue: €57.6m (flat on 2Q 2021). Net income: €8.20m (up 28% from 2Q 2021). Profit margin: 14% (up from 11% in 2Q 2021). Over the next year, revenue is forecast to grow 14%, compared to a 11% growth forecast for the industry in Europe. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has increased by 78% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 15
Investor sentiment deteriorated over the past week After last week's 17% share price decline to Ft2,700, the stock trades at a trailing P/E ratio of 6.1x. Average forward P/E is 12x in the Building industry in Europe. Total returns to shareholders of 298% over the past three years. Board Change • Apr 27
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. No highly experienced directors. was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Feb 26
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: €1.10 (up from €0.40 in FY 2020). Revenue: €191.5m (up 56% from FY 2020). Net income: €15.9m (up 175% from FY 2020). Profit margin: 8.3% (up from 4.7% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 12%, compared to a 10% growth forecast for the industry in Europe. Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Buying Opportunity • Jan 15
Now 20% undervalued The stock has been flat over the last 90 days. The fair value is estimated to be €5,596, however is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% per annum over the last 3 years. Earnings per share has grown by 52% per annum over the last 3 years. Upcoming Dividend • Sep 23
Inaugural dividend of Ft44.00 per share Eligible shareholders must have bought the stock before 30 September 2021. Payment date: 08 October 2021. The company last paid an ordinary dividend in May 2016. The average dividend yield among industry peers is 1.4%. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment improved over the past week After last week's 17% share price gain to €3,960, the stock trades at a trailing P/E ratio of 19.4x. Average forward P/E is 22x in the Building industry in Europe. Total returns to shareholders of 571% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Ft4,382 per share. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 17% share price gain to €2,950, the stock trades at a trailing P/E ratio of 21.2x. Average forward P/E is 22x in the Building industry in Europe. Total returns to shareholders of 404% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at Ft3,086 per share. Valuation Update With 7 Day Price Move • Jan 14
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €2,290, the stock is trading at a trailing P/E ratio of 18.2x, down from the previous P/E ratio of 21.9x. This compares to an average P/E of 22x in the Building industry in Europe. Total returns to shareholders over the past three years are 304%. Valuation Update With 7 Day Price Move • Jan 06
Investor sentiment improved over the past week After last week's 29% share price gain to €2,560, the stock is trading at a trailing P/E ratio of 20.4x, up from the previous P/E ratio of 15.8x. This compares to an average P/E of 21x in the Building industry in Europe. Total returns to shareholders over the past three years are 355%. Valuation Update With 7 Day Price Move • Dec 28
Investor sentiment improved over the past week After last week's 20% share price gain to €1,930, the stock is trading at a trailing P/E ratio of 15.2x, up from the previous P/E ratio of 12.7x. This compares to an average P/E of 21x in the Building industry in Europe. Total returns to shareholders over the past three years are 241%. Is New 90 Day High Low • Dec 28
New 90-day high: Ft1,930 The company is up 167% from its price of Ft722 on 29 September 2020. The Hungarian market is up 26% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Ft1,576 per share. Is New 90 Day High Low • Dec 11
New 90-day high: Ft1,615 The company is up 137% from its price of Ft682 on 11 September 2020. The Hungarian market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is Ft1,571 per share. Valuation Update With 7 Day Price Move • Nov 27
Market bids up stock over the past week After last week's 17% share price gain to €1,400, the stock is trading at a trailing P/E ratio of 11.1x, up from the previous P/E ratio of 9.5x. This compares to an average P/E of 20x in the Building industry in Europe. Total returns to shareholders over the past three years are 161%. Reported Earnings • Nov 15
Third quarter 2020 earnings released: EPS €0.15 The company reported a mediocre third quarter result with weaker profit margins, although earnings were flat and revenues were improved. Third quarter 2020 results: Revenue: €37.6m (up 20% from 3Q 2019). Net income: €2.11m (flat on 3Q 2019). Profit margin: 5.6% (down from 6.7% in 3Q 2019). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 22% per year whereas the company’s share price has increased by 18% per year. Valuation Update With 7 Day Price Move • Nov 13
Market bids up stock over the past week After last week's 20% share price gain to €998, the stock is trading at a trailing P/E ratio of 8.9x, up from the previous P/E ratio of 7.4x. This compares to an average P/E of 19x in the Building industry in Europe. Total returns to shareholders over the past three years are 77%. Is New 90 Day High Low • Nov 07
New 90-day high: Ft830 The company is up 30% from its price of Ft638 on 07 August 2020. The Hungarian market is down 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 10.0% over the same period. Is New 90 Day High Low • Oct 07
New 90-day high: Ft760 The company is up 25% from its price of Ft606 on 08 July 2020. The Hungarian market is down 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 14% over the same period. Annuncio • Jul 30
Masterplast Nyrt. (BUSE:MASTERPLAST) acquired Fidelis BAU Ltd. for HUF 120 million. Masterplast Nyrt. (BUSE:MASTERPLAST) signed a share purchase agreement to acquire Fidelis BAU Ltd. for HUF 120 million on July 1, 2020. The purchase price of the share consists of a fixed amount of HUF 100 million and a variable component depending on the balance sheet of Fidelis BAU Ltd. of the first half of 2020, but the purchase price in total does not exceed HUF 120 million. The planned return on the acquisition is 7 years.
Masterplast Nyrt. (BUSE:MASTERPLAST) completed the acquisition of Fidelis BAU Ltd. for HUF 120 million on July 1, 2020.