New Risk • Feb 10
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: zł35.0m (US$9.86m) 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 (13% average weekly change). Earnings have declined by 46% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł35.0m market cap, or US$9.86m). New Risk • Dec 09
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: zł36.2m (US$9.96m) 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). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (zł36.2m market cap, or US$9.96m). Announcement • Nov 06
Rocca S.A. to Report Q3, 2025 Results on Nov 06, 2025 Rocca S.A. announced that they will report Q3, 2025 results on Nov 06, 2025 New Risk • Jul 15
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: zł36.6m (US$9.97m) 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 Earnings have declined by 37% per year over the past 5 years. Revenue is less than US$1m (zł1.2k revenue, or US$324). Market cap is less than US$10m (zł36.6m market cap, or US$9.97m). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). New Risk • Feb 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Polish stocks, typically moving 10% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m (zł1.2k revenue, or US$298). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (zł49.7m market cap, or US$12.4m). New Risk • Feb 23
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 27% per year over the past 5 years. Revenue is less than US$1m (zł1.2k revenue, or US$299). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Share price has been volatile over the past 3 months (9.2% average weekly change). Market cap is less than US$100m (zł51.7m market cap, or US$13.0m). Announcement • Jun 05
Rocca S.A., Annual General Meeting, Jun 26, 2024 Rocca S.A., Annual General Meeting, Jun 26, 2024. New Risk • May 21
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (48% average weekly change). Earnings have declined by 8.5% per year over the past 5 years. Revenue is less than US$1m. Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (zł76.0m market cap, or US$19.4m). New Risk • Aug 06
New major risk - Revenue and earnings growth Earnings have declined by 0.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m (zł1.5k revenue, or US$381). Market cap is less than US$10m (zł30.6m market cap, or US$7.60m). Reported Earnings • Mar 25
Full year 2022 earnings released Full year 2022 results: Net loss: zł668.5k (down 136% from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 75% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Aug 08
First half 2022 earnings released First half 2022 results: Net income: (down zł2.11m from profit in 1H 2021). Buying Opportunity • Apr 27
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 36%. The fair value is estimated to be zł3.31, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 77% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Apr 22
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 49%. The fair value is estimated to be zł3.30, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 77% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorated over the past week After last week's 16% share price decline to zł2.54, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 8x in the Consumer Durables industry in Poland. Total returns to shareholders of 491% over the past three years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment deteriorated over the past week After last week's 15% share price decline to zł4.16, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 8x in the Consumer Durables industry in Poland. Total returns to shareholders of 824% over the past three years. Valuation Update With 7 Day Price Move • Dec 03
Investor sentiment deteriorated over the past week After last week's 27% share price decline to zł3.99, the stock trades at a trailing P/E ratio of 20.9x. Average trailing P/E is 8x in the Consumer Durables industry in Poland. Total loss to shareholders of 43% over the past year. Valuation Update With 7 Day Price Move • Nov 17
Investor sentiment improved over the past week After last week's 16% share price gain to zł6.16, the stock trades at a trailing P/E ratio of 32.2x. Average trailing P/E is 8x in the Consumer Durables industry in Poland. Total returns to shareholders of 4.4% over the past year. Reported Earnings • Nov 11
Third quarter 2021 earnings released Third quarter 2021 results: Net loss: zł69.7k (loss widened 83% from 3Q 2020). Valuation Update With 7 Day Price Move • Oct 27
Investor sentiment improved over the past week After last week's 17% share price gain to zł5.90, the stock trades at a trailing P/E ratio of 30.5x. Average trailing P/E is 9x in the Consumer Durables industry in Poland. Total returns to shareholders of 7.3% over the past year. Valuation Update With 7 Day Price Move • Sep 22
Investor sentiment improved over the past week After last week's 67% share price gain to zł6.82, the stock trades at a trailing P/E ratio of 35.2x. Average trailing P/E is 9x in the Consumer Durables industry in Poland. Total returns to shareholders of 190% over the past year. Valuation Update With 7 Day Price Move • Sep 07
Investor sentiment deteriorated over the past week After last week's 16% share price decline to zł4.10, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 10x in the Consumer Durables industry in Poland. Total returns to shareholders of 40% over the past year. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment deteriorated over the past week After last week's 26% share price decline to zł4.72, the stock trades at a trailing P/E ratio of 24.4x. Average trailing P/E is 10x in the Consumer Durables industry in Poland. Total returns to shareholders of 904% over the past three years. Reported Earnings • Aug 10
Second quarter 2021 earnings released Second quarter 2021 results: Net loss: zł22.4k (loss narrowed 85% from 2Q 2020). Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has increased by 139% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Aug 02
Investor sentiment improved over the past week After last week's 16% share price gain to zł7.00, the stock trades at a trailing P/E ratio of 38.8x. Average trailing P/E is 14x in the Basic Materials industry in Poland. Total returns to shareholders of 1,389% over the past three years. Is New 90 Day High Low • Jan 18
New 90-day high: zł8.69 The company is up 83% from its price of zł4.75 on 13 October 2020. The Polish market is up 17% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 40% over the same period. Is New 90 Day High Low • Nov 24
New 90-day high: zł6.50 The company is up 123% from its price of zł2.92 on 25 August 2020. The Polish market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 17% over the same period. Is New 90 Day High Low • Oct 28
New 90-day high: zł5.50 The company is up 77% from its price of zł3.10 on 28 July 2020. The Polish market is down 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 11% over the same period. Is New 90 Day High Low • Oct 01
New 90-day high: zł3.50 The company is up 106% from its price of zł1.70 on 03 July 2020. The Polish market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 22% over the same period. 