View Future GrowthIDH Development 과거 순이익 실적과거 기준 점검 0/6IDH Development은 연평균 18.4%의 비율로 수입이 증가해 온 반면, Construction 산업은 연평균 13.2%의 비율로 증가했습니다. 매출은 연평균 39.2%의 비율로 감소했습니다.핵심 정보18.37%순이익 성장률-66.18%주당순이익(EPS) 성장률Construction 산업 성장률19.80%매출 성장률-39.22%자기자본이익률-94.72%순이익률-144.26%다음 순이익 업데이트29 May 2026최근 과거 실적 업데이트공시 • Feb 11IDH Development S.A. to Report Q4, 2025 Results on Feb 13, 2026IDH Development S.A. announced that they will report Q4, 2025 results on Feb 13, 2026공시 • Nov 12IDH Development S.A. to Report Q3, 2025 Results on Nov 14, 2025IDH Development S.A. announced that they will report Q3, 2025 results on Nov 14, 2025Reported Earnings • Aug 19Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: zł635.0k (down 70% from 2Q 2024). Net income: zł795.4k (up zł929.0k from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Reported Earnings • Feb 20Full year 2024 earnings released: EPS: zł0.042 (vs zł1.07 in FY 2023)Full year 2024 results: EPS: zł0.042 (down from zł1.07 in FY 2023). Revenue: zł4.84m (down 49% from FY 2023). Net income: zł981.0k (down 96% from FY 2023). Profit margin: 20% (down from 261% in FY 2023). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.분석 기사 • Nov 25IDH Development's (WSE:IDH) Shareholders Should Assess Earnings With CautionAfter announcing healthy earnings, IDH Development S.A.'s ( WSE:IDH ) stock rose over the last week. However, we think...Reported Earnings • Aug 17Second quarter 2024 earnings releasedSecond quarter 2024 results: Net loss: zł133.6k (down 101% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance.모든 업데이트 보기Recent updatesNew Risk • Mar 30New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł37.3m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (zł3.3m revenue, or US$888k). Market cap is less than US$10m (zł37.3m market cap, or US$9.99m).공시 • Feb 11IDH Development S.A. to Report Q4, 2025 Results on Feb 13, 2026IDH Development S.A. announced that they will report Q4, 2025 results on Feb 13, 2026공시 • Nov 12IDH Development S.A. to Report Q3, 2025 Results on Nov 14, 2025IDH Development S.A. announced that they will report Q3, 2025 results on Nov 14, 2025New Risk • Aug 21New major risk - Revenue sizeThe company makes less than US$1m in revenue. Total revenue: zł3.7m (US$997k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m (zł3.7m revenue, or US$997k). Minor Risk Market cap is less than US$100m (zł51.7m market cap, or US$14.1m).Reported Earnings • Aug 19Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: zł635.0k (down 70% from 2Q 2024). Net income: zł795.4k (up zł929.0k from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to zł2.40, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 20x in the Construction industry in Poland. Total loss to shareholders of 4.8% over the past three years.Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 41%After last week's 41% share price gain to zł2.46, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 20x in the Construction industry in Poland. Total returns to shareholders of 2.5% over the past three years.Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 22%After last week's 22% share price gain to zł1.78, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 19x in the Construction industry in Poland. Total loss to shareholders of 44% over the past three years.Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 24%After last week's 24% share price gain to zł1.67, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 15x in the Construction industry in Poland. Total loss to shareholders of 46% over the past three years.Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to zł1.33, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 14x in the Construction industry in Poland. Total loss to shareholders of 63% over the past three years.Reported Earnings • Feb 20Full year 2024 earnings released: EPS: zł0.042 (vs zł1.07 in FY 2023)Full year 2024 results: EPS: zł0.042 (down from zł1.07 in FY 2023). Revenue: zł4.84m (down 49% from FY 2023). Net income: zł981.0k (down 96% from FY 2023). Profit margin: 20% (down from 261% in FY 2023). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.분석 기사 • Nov 25IDH Development's (WSE:IDH) Shareholders Should Assess Earnings With CautionAfter announcing healthy earnings, IDH Development S.A.'s ( WSE:IDH ) stock rose over the last week. However, we think...New Risk • Nov 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 68% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (68% accrual ratio). Market cap is less than US$10m (zł36.6m market cap, or US$8.79m). Minor Risk Revenue is less than US$5m (zł9.2m revenue, or US$2.2m).Reported Earnings • Aug 17Second quarter 2024 earnings releasedSecond quarter 2024 results: Net loss: zł133.6k (down 101% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance.공시 • Jun 27IDH Development S.A., Annual General Meeting, Jul 24, 2024IDH Development S.A., Annual General Meeting, Jul 24, 2024.New Risk • Jun 05New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł39.6m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Market cap is less than US$10m (zł39.6m market cap, or US$9.99m). Minor Risk Revenue is less than US$5m (zł8.7m revenue, or US$2.2m).Reported Earnings • May 20First quarter 2024 earnings releasedFirst quarter 2024 results: Net loss: zł223.1k (loss narrowed 21% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance.Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 30%After last week's 30% share price gain to zł2.60, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 13x in the Construction industry in Poland. Total loss to shareholders of 71% over the past three years.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 28%After last week's 28% share price gain to zł1.92, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 11x in the Construction industry in Poland. Total loss to shareholders of 79% over the past three years.Reported Earnings • Feb 16Full year 2023 earnings released: EPS: zł0.88 (vs zł4.25 loss in FY 2022)Full year 2023 results: EPS: zł0.88 (up from zł4.25 loss in FY 2022). Net income: zł20.4m (up zł72.3m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.New Risk • Feb 06New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł35.2m (US$8.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 64% per year over the past 5 years. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Market cap is less than US$10m (zł35.2m market cap, or US$8.70m). Minor Risk Revenue is less than US$5m (zł4.1m revenue, or US$1.0m).공시 • Jan 17+ 4 more updatesIDH Development S.A. to Report Q3, 2024 Results on Nov 14, 2024IDH Development S.A. announced that they will report Q3, 2024 results on Nov 14, 2024Reported Earnings • Aug 30Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł966.3k (down 63% from 2Q 2022). Net income: zł14.5m (up zł15.2m from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance.공시 • Jul 18IDH Development S.A., Annual General Meeting, Jul 31, 2023IDH Development S.A., Annual General Meeting, Jul 31, 2023, at 10:00 Central European Standard Time.New Risk • Jul 12New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 91% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-zł32m). Earnings have declined by 65% per year over the past 5 years. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (zł65.7m market cap, or US$16.3m).공시 • May 26IDH Development S.A. to Report Fiscal Year 2022 Results on Jun 23, 2023IDH Development S.A. announced that they will report fiscal year 2022 results on Jun 23, 2023공시 • Jan 20+ 3 more updatesIDH Development S.A. to Report Nine Months, 2023 Results on Nov 14, 2023IDH Development S.A. announced that they will report nine months, 2023 results on Nov 14, 2023분석 기사 • Oct 21A Look At The Intrinsic Value Of IDH Development S.A. (WSE:IDH)Today we will run through one way of estimating the intrinsic value of IDH Development S.A. ( WSE:IDH ) by projecting...분석 기사 • Jul 03Does IDH Development (WSE:IDH) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: zł1,188 loss per share (down from zł266 profit in FY 2020). Revenue: zł21.9m (down 26% from FY 2020). Net loss: zł18.1m (down zł22.2m from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a decent third quarter result with improved revenues, although losses increased and control over costs was weaker. Third quarter 2021 results: Revenue: zł10.8m (up 127% from 3Q 2020). Net loss: zł15.9m (loss widened 217% from 3Q 2020).분석 기사 • Sep 27Returns On Capital At IDH Development (WSE:IDH) Paint A Concerning PictureIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS zł102 (vs zł327 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: zł4.11m (down 72% from 2Q 2020). Net income: zł1.56m (down 69% from 2Q 2020). Profit margin: 38% (up from 34% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.분석 기사 • Jun 14Returns On Capital Signal Tricky Times Ahead For IDH Development (WSE:IDH)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...Is New 90 Day High Low • Mar 16New 90-day low: zł6.05The company is down 24% from a price of zł8.00 on 16 December 2020. Underperformed the Polish market, which is up 6.0% over the last 90 days. Lagged the Construction industry, which is up 21% over the same period.분석 기사 • Mar 01There's Reason For Concern Over IDH Development S.A.'s (WSE:IDH) PriceWith a median price-to-earnings (or "P/E") ratio of close to 16x in Poland, you could be forgiven for feeling...Reported Earnings • Feb 20Full year 2020 earnings released: EPS zł0.53 (vs zł0.25 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł30.1m (up 43% from FY 2019). Net income: zł6.43m (up 108% from FY 2019). Profit margin: 21% (up from 15% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.공시 • Jan 14+ 4 more updatesIDH Development S.A. to Report Q2, 2021 Results on Aug 16, 2021IDH Development S.A. announced that they will report Q2, 2021 results on Aug 16, 2021분석 기사 • Jan 02Returns On Capital - An Important Metric For IDH Development (WSE:IDH)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...매출 및 비용 세부 내역IDH Development가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이WSE:IDH 매출, 비용 및 순이익 (PLN Millions)날짜매출순이익일반관리비연구개발비30 Sep 253-52030 Jun 254-52031 Mar 25523031 Dec 245-63030 Sep 24956030 Jun 2410106031 Mar 249255031 Dec 2310255030 Sep 234-253030 Jun 234-332031 Mar 236-483031 Dec 22-6-525030 Sep 22-4-706030 Jun 225-8326031 Mar 2218-9775031 Dec 2121-7025030 Sep 2126-526030 Jun 212067031 Mar 212025-12031 Dec 203049030 Sep 2032-48030 Jun 202737031 Mar 201905031 Dec 192134030 Sep 1912323030 Jun 1914461031 Mar 198430031 Dec 182390030 Sep 181150030 Jun 18000031 Mar 18000031 Dec 17000030 Sep 17020030 Jun 17222031 Mar 17222031 Dec 16222030 Sep 16202030 Jun 16000031 Mar 16000031 Dec 15000030 Sep 150000양질의 수익: IDH 은(는) 현재 수익성이 없습니다.이익 마진 증가: IDH는 현재 수익성이 없습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: IDH는 수익성이 없지만 지난 5년 동안 연평균 18.4%의 속도로 손실을 줄였습니다.성장 가속화: 현재 수익성이 없어 지난 1년간 IDH의 수익 성장률을 5년 평균과 비교할 수 없습니다.수익 대 산업: IDH은 수익성이 없어 지난 해 수익 성장률을 Construction 업계(6.3%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: IDH는 현재 수익성이 없으므로 자본 수익률이 음수(-94.72%)입니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YCapital-goods 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/26 15:16종가2026/05/26 00:00수익2025/09/30연간 수익2024/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스IDH Development S.A.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
공시 • Feb 11IDH Development S.A. to Report Q4, 2025 Results on Feb 13, 2026IDH Development S.A. announced that they will report Q4, 2025 results on Feb 13, 2026
공시 • Nov 12IDH Development S.A. to Report Q3, 2025 Results on Nov 14, 2025IDH Development S.A. announced that they will report Q3, 2025 results on Nov 14, 2025
Reported Earnings • Aug 19Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: zł635.0k (down 70% from 2Q 2024). Net income: zł795.4k (up zł929.0k from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Reported Earnings • Feb 20Full year 2024 earnings released: EPS: zł0.042 (vs zł1.07 in FY 2023)Full year 2024 results: EPS: zł0.042 (down from zł1.07 in FY 2023). Revenue: zł4.84m (down 49% from FY 2023). Net income: zł981.0k (down 96% from FY 2023). Profit margin: 20% (down from 261% in FY 2023). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
분석 기사 • Nov 25IDH Development's (WSE:IDH) Shareholders Should Assess Earnings With CautionAfter announcing healthy earnings, IDH Development S.A.'s ( WSE:IDH ) stock rose over the last week. However, we think...
Reported Earnings • Aug 17Second quarter 2024 earnings releasedSecond quarter 2024 results: Net loss: zł133.6k (down 101% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance.
New Risk • Mar 30New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł37.3m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue is less than US$1m (zł3.3m revenue, or US$888k). Market cap is less than US$10m (zł37.3m market cap, or US$9.99m).
공시 • Feb 11IDH Development S.A. to Report Q4, 2025 Results on Feb 13, 2026IDH Development S.A. announced that they will report Q4, 2025 results on Feb 13, 2026
공시 • Nov 12IDH Development S.A. to Report Q3, 2025 Results on Nov 14, 2025IDH Development S.A. announced that they will report Q3, 2025 results on Nov 14, 2025
New Risk • Aug 21New major risk - Revenue sizeThe company makes less than US$1m in revenue. Total revenue: zł3.7m (US$997k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (18% average weekly change). Revenue is less than US$1m (zł3.7m revenue, or US$997k). Minor Risk Market cap is less than US$100m (zł51.7m market cap, or US$14.1m).
Reported Earnings • Aug 19Second quarter 2025 earnings releasedSecond quarter 2025 results: Revenue: zł635.0k (down 70% from 2Q 2024). Net income: zł795.4k (up zł929.0k from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 119% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Valuation Update With 7 Day Price Move • Aug 14Investor sentiment improves as stock rises 17%After last week's 17% share price gain to zł2.40, the stock trades at a trailing P/E ratio of 37.1x. Average trailing P/E is 20x in the Construction industry in Poland. Total loss to shareholders of 4.8% over the past three years.
Valuation Update With 7 Day Price Move • Jul 04Investor sentiment improves as stock rises 41%After last week's 41% share price gain to zł2.46, the stock trades at a trailing P/E ratio of 38.1x. Average trailing P/E is 20x in the Construction industry in Poland. Total returns to shareholders of 2.5% over the past three years.
Valuation Update With 7 Day Price Move • Jun 05Investor sentiment improves as stock rises 22%After last week's 22% share price gain to zł1.78, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 19x in the Construction industry in Poland. Total loss to shareholders of 44% over the past three years.
Valuation Update With 7 Day Price Move • May 16Investor sentiment improves as stock rises 24%After last week's 24% share price gain to zł1.67, the stock trades at a trailing P/E ratio of 39.7x. Average trailing P/E is 15x in the Construction industry in Poland. Total loss to shareholders of 46% over the past three years.
Valuation Update With 7 Day Price Move • Apr 08Investor sentiment improves as stock rises 19%After last week's 19% share price gain to zł1.33, the stock trades at a trailing P/E ratio of 31.6x. Average trailing P/E is 14x in the Construction industry in Poland. Total loss to shareholders of 63% over the past three years.
Reported Earnings • Feb 20Full year 2024 earnings released: EPS: zł0.042 (vs zł1.07 in FY 2023)Full year 2024 results: EPS: zł0.042 (down from zł1.07 in FY 2023). Revenue: zł4.84m (down 49% from FY 2023). Net income: zł981.0k (down 96% from FY 2023). Profit margin: 20% (down from 261% in FY 2023). Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings.
분석 기사 • Nov 25IDH Development's (WSE:IDH) Shareholders Should Assess Earnings With CautionAfter announcing healthy earnings, IDH Development S.A.'s ( WSE:IDH ) stock rose over the last week. However, we think...
New Risk • Nov 24New major risk - Earnings qualityThe company has a high level of non-cash earnings. Accrual ratio: 68% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). High level of non-cash earnings (68% accrual ratio). Market cap is less than US$10m (zł36.6m market cap, or US$8.79m). Minor Risk Revenue is less than US$5m (zł9.2m revenue, or US$2.2m).
Reported Earnings • Aug 17Second quarter 2024 earnings releasedSecond quarter 2024 results: Net loss: zł133.6k (down 101% from profit in 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance.
공시 • Jun 27IDH Development S.A., Annual General Meeting, Jul 24, 2024IDH Development S.A., Annual General Meeting, Jul 24, 2024.
New Risk • Jun 05New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł39.6m (US$9.99m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Market cap is less than US$10m (zł39.6m market cap, or US$9.99m). Minor Risk Revenue is less than US$5m (zł8.7m revenue, or US$2.2m).
Reported Earnings • May 20First quarter 2024 earnings releasedFirst quarter 2024 results: Net loss: zł223.1k (loss narrowed 21% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 138 percentage points per year, which is a significant difference in performance.
Valuation Update With 7 Day Price Move • Apr 02Investor sentiment improves as stock rises 30%After last week's 30% share price gain to zł2.60, the stock trades at a trailing P/E ratio of 3x. Average trailing P/E is 13x in the Construction industry in Poland. Total loss to shareholders of 71% over the past three years.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment improves as stock rises 28%After last week's 28% share price gain to zł1.92, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 11x in the Construction industry in Poland. Total loss to shareholders of 79% over the past three years.
Reported Earnings • Feb 16Full year 2023 earnings released: EPS: zł0.88 (vs zł4.25 loss in FY 2022)Full year 2023 results: EPS: zł0.88 (up from zł4.25 loss in FY 2022). Net income: zł20.4m (up zł72.3m from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
New Risk • Feb 06New major risk - Market cap sizeThe company's market capitalization is less than US$10m. Market cap: zł35.2m (US$8.70m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Earnings have declined by 64% per year over the past 5 years. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Market cap is less than US$10m (zł35.2m market cap, or US$8.70m). Minor Risk Revenue is less than US$5m (zł4.1m revenue, or US$1.0m).
공시 • Jan 17+ 4 more updatesIDH Development S.A. to Report Q3, 2024 Results on Nov 14, 2024IDH Development S.A. announced that they will report Q3, 2024 results on Nov 14, 2024
Reported Earnings • Aug 30Second quarter 2023 earnings releasedSecond quarter 2023 results: Revenue: zł966.3k (down 63% from 2Q 2022). Net income: zł14.5m (up zł15.2m from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 26 percentage points per year, which is a significant difference in performance.
공시 • Jul 18IDH Development S.A., Annual General Meeting, Jul 31, 2023IDH Development S.A., Annual General Meeting, Jul 31, 2023, at 10:00 Central European Standard Time.
New Risk • Jul 12New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 91% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (20% average weekly change). Negative equity (-zł32m). Earnings have declined by 65% per year over the past 5 years. Shareholders have been substantially diluted in the past year (91% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (zł65.7m market cap, or US$16.3m).
공시 • May 26IDH Development S.A. to Report Fiscal Year 2022 Results on Jun 23, 2023IDH Development S.A. announced that they will report fiscal year 2022 results on Jun 23, 2023
공시 • Jan 20+ 3 more updatesIDH Development S.A. to Report Nine Months, 2023 Results on Nov 14, 2023IDH Development S.A. announced that they will report nine months, 2023 results on Nov 14, 2023
분석 기사 • Oct 21A Look At The Intrinsic Value Of IDH Development S.A. (WSE:IDH)Today we will run through one way of estimating the intrinsic value of IDH Development S.A. ( WSE:IDH ) by projecting...
분석 기사 • Jul 03Does IDH Development (WSE:IDH) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: zł1,188 loss per share (down from zł266 profit in FY 2020). Revenue: zł21.9m (down 26% from FY 2020). Net loss: zł18.1m (down zł22.2m from profit in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance.
Reported Earnings • Nov 19Third quarter 2021 earnings releasedThe company reported a decent third quarter result with improved revenues, although losses increased and control over costs was weaker. Third quarter 2021 results: Revenue: zł10.8m (up 127% from 3Q 2020). Net loss: zł15.9m (loss widened 217% from 3Q 2020).
분석 기사 • Sep 27Returns On Capital At IDH Development (WSE:IDH) Paint A Concerning PictureIf you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Reported Earnings • Aug 22Second quarter 2021 earnings released: EPS zł102 (vs zł327 in 2Q 2020)The company reported a soft second quarter result with weaker earnings and revenues, although profit margins were improved. Second quarter 2021 results: Revenue: zł4.11m (down 72% from 2Q 2020). Net income: zł1.56m (down 69% from 2Q 2020). Profit margin: 38% (up from 34% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
분석 기사 • Jun 14Returns On Capital Signal Tricky Times Ahead For IDH Development (WSE:IDH)If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. One common...
Is New 90 Day High Low • Mar 16New 90-day low: zł6.05The company is down 24% from a price of zł8.00 on 16 December 2020. Underperformed the Polish market, which is up 6.0% over the last 90 days. Lagged the Construction industry, which is up 21% over the same period.
분석 기사 • Mar 01There's Reason For Concern Over IDH Development S.A.'s (WSE:IDH) PriceWith a median price-to-earnings (or "P/E") ratio of close to 16x in Poland, you could be forgiven for feeling...
Reported Earnings • Feb 20Full year 2020 earnings released: EPS zł0.53 (vs zł0.25 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: zł30.1m (up 43% from FY 2019). Net income: zł6.43m (up 108% from FY 2019). Profit margin: 21% (up from 15% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings.
공시 • Jan 14+ 4 more updatesIDH Development S.A. to Report Q2, 2021 Results on Aug 16, 2021IDH Development S.A. announced that they will report Q2, 2021 results on Aug 16, 2021
분석 기사 • Jan 02Returns On Capital - An Important Metric For IDH Development (WSE:IDH)Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...