Added to YB: 2026-01-06
Pitch date: 2026-01-03
MBR.WA [bullish]
Mo-BRUK S.A.
+2.24%
current return
Author Info
HatedMoats identifies hated moats. I buy companies when the market panics. Contrarian investor focused on quality, value & long-term growth. Sign up for the newsletter.
Company Info
Mo-BRUK S.A. processes industrial, hazardous, and municipal waste in Poland, Germany, Italy, Slovenia, Denmark, Romania, and Lithuania.
Market Cap
PLN 1.2B
Pitch Price
PLN 335.00
Price Target
520.00 (+52%)
Dividend
3.92%
EV/EBITDA
18.30
P/E
389.03
EV/Sales
4.31
Sector
Commercial Services and Supplies
Category
value
MO-BRUK: DCF Valuation
MBR.WA: Polish hazardous waste processor w/ 49% core EBITDA margins & scarce incineration permits. Q3 ugly due to one-off PLN 65.2m write-down but forward cash engine intact. Poland's PLN 300m/yr 'eco-bomb' cleanup cycle 2025-27 favors licensed operators. DCF @ 10.33% WACC = PLN 451 target vs PLN 330 (+36.7% upside, 27% margin of safety). Exiting heavy capex phase should boost FCF conversion.
Read full article (7 min)