Added to YB: 2026-01-13
Pitch date: 2026-01-10
MBR.WA [bullish]
Mo-BRUK S.A.
+8.75%
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. engages in the incineration of hazardous waste, including medical and industrial waste in Poland and internationally.
Market Cap
PLN 1.3B
Pitch Price
PLN 340.67
Price Target
450.00 (+24%)
Dividend
4.16%
EV/EBITDA
15.22
P/E
70.29
EV/Sales
4.20
Sector
Commercial Services and Supplies
Category
value
Mo-Bruk: Deep Dive Analysis
MBR.WA: Leading Polish hazardous waste processor w/ 45% EBITDA margins & regulatory moat from licensing barriers. Revenue stagnant ~PLN 300M but strong FCF recovery expected as capex drops to <PLN 20M in 2026. One-off PLN 65M provision hit 2025 but underlying biz solid. Eco-bomb projects provide growth catalyst. Trading <15x normalized earnings w/ 4%+ dividend yield. Limited competition, essential service demand.
Read full article (24 min)