(FRO) Ferro S.A. - Ratings and Ratios

Exchange: WAR • Country: Poland • Currency: PLN • Type: Common Stock • ISIN: PLFERRO00016

Sanitary Fixtures, Heating Solutions, Installation Accessories

Description: FRO Ferro S.A.

FERRO S.A. is a leading manufacturer and distributor of sanitary and plumbing fixtures, operating globally with a significant presence in Poland. The companys extensive product portfolio includes mixers, showers, sinks, bathroom accessories, and sanitary ware, as well as heating installation services and solutions. FERRO S.A. also offers a range of heating systems, including water systems, measurement and control devices, brass and gas fittings, and PEX systems. The companys products are marketed under several well-known brands, including FERRO, Metalia, Novaservis, Nobless, FDesign, and Titania, catering to diverse customer needs.

With its headquarters in Skawina, Poland, FERRO S.A. was founded in 1992 and has since established itself as a prominent player in the building products industry. The companys global reach is supported by its international distribution network, allowing it to serve customers beyond Poland. FERRO S.A.s commitment to quality and innovation is reflected in its diverse product offerings, which are designed to meet the evolving needs of the construction and renovation markets.

Analyzing the , we observe that FERRO S.A.s stock price has been trending upwards, with the last price at 36.70 PLN. The stock is currently above its 20-day, 50-day, and 200-day simple moving averages (SMA20, SMA50, and SMA200), indicating a positive short-term and long-term outlook. The Average True Range (ATR) is 1.03, representing a 2.81% daily price fluctuation. The stocks 52-week high and low are 37.00 and 30.30, respectively, suggesting a relatively stable price range.

Examining the , FERRO S.A.s market capitalization stands at 745.62 million PLN, with a price-to-earnings (P/E) ratio of 9.89. The companys return on equity (RoE) is 17.11%, indicating a relatively strong profitability. Based on these metrics, we can infer that FERRO S.A. is a stable company with a solid financial foundation.

Forecasting FERRO S.A.s future performance, we can combine insights from both technical and fundamental analyses. Given the stocks upward trend and stable price range, we expect the price to continue its positive trajectory. With a P/E ratio of 9.89 and an RoE of 17.11%, the company appears to be undervalued relative to its profitability. Assuming the companys financial performance remains stable, we forecast a potential price target of 40-42 PLN in the next 6-12 months, representing a 9-14% increase from the current price. However, this forecast is contingent upon the companys ability to maintain its profitability and continue to innovate and expand its product offerings.

FRO Stock Overview

Market Cap in USD 198m
Sub-Industry Building Products
IPO / Inception

FRO Stock Ratings

Growth Rating 68.1
Fundamental 62.0%
Dividend Rating 84.1
Rel. Strength 4.23
Analysts -
Fair Price Momentum 40.52 PLN
Fair Price DCF 72.63 PLN

FRO Dividends

Dividend Yield 12m 9.05%
Yield on Cost 5y 22.32%
Annual Growth 5y 51.19%
Payout Consistency 80.4%
Payout Ratio 113.8%

FRO Growth Ratios

Growth Correlation 3m 8.5%
Growth Correlation 12m 39.5%
Growth Correlation 5y 73.9%
CAGR 5y 19.95%
CAGR/Max DD 5y 0.43
Sharpe Ratio 12m -0.15
Alpha -1.41
Beta 0.253
Volatility 23.46%
Current Volume 159.2k
Average Volume 20d 30.5k
Stop Loss 33.9 (-3.4%)
Signal 2.52

Piotroski VR‑10 (Strict, 0-10) 5.5

Net Income (75.5m TTM) > 0 and > 6% of Revenue (6% = 46.8m TTM)
FCFTA 0.03 (>2.0%) and ΔFCFTA -22.46pp (YES ≥ +1.0pp, WARN ≥ +0.5pp)
NWC/Revenue 27.07% (prev 27.81%; Δ -0.73pp) (YES ≤20% & Δ≤-1pp; WARN ≤25% & Δ≤0 oder ≤40% & Δ≤-3pp)
CFO/TA 0.04 (>3.0%) and CFO 29.8m <= Net Income 75.5m (YES >=105%, WARN >=100%)
Net Debt (115.7m) to EBITDA (82.0m) ratio: 1.41 <= 3.0 (WARN <= 3.5)
Current Ratio 1.74 (target 1.5–3.0; WARN 1.2–<1.5 or >3.0–5.0; CFO/TA gate active)
Outstanding Shares last Quarter (21.2m) change vs 12m ago 0.0% (target <= -2.0% for YES)
Gross Margin 39.35% (prev 38.46%; Δ 0.89pp) >=18% & Δ>=+0.5pp (WARN >=15% & Δ>=0)
Asset Turnover 104.0% (prev 112.2%; Δ -8.22pp) >=50% & Δ>=+2pp (WARN >=35% & Δ>=0)
Interest Coverage Ratio 12.75 (EBITDA TTM 82.0m / Interest Expense TTM 6.43m) >= 6 (WARN >= 3)

Altman Z'' 5.16

(A) 0.27 = (Total Current Assets 497.7m - Total Current Liabilities 286.7m) / Total Assets 791.1m
(B) 0.46 = Retained Earnings (Balance) 361.0m / Total Assets 791.1m
(C) 0.11 = EBIT TTM 82.0m / Avg Total Assets 749.9m
(D) 1.13 = Book Value of Equity 361.0m / Total Liabilities 319.9m
Total Rating: 5.16 = (6.56 * A) + (3.26 * B) + (6.72 * C) + (1.05 * D)

ValueRay F-Score (Strict, 0-100) 62.03

1. Piotroski 5.50pt = 0.50
2. FCF Yield 2.69% = 1.34
3. FCF Margin 2.90% = 0.72
4. Debt/Equity 0.33 = 2.45
5. Debt/Ebitda 1.85 = 0.29
6. ROIC - WACC 6.45% = 8.07
7. RoE 17.11% = 1.43
8. Rev. Trend -59.57% = -2.98
9. Rev. CAGR -4.42% = -0.74
10. EPS Trend 27.94% = 0.70
11. EPS CAGR 2.52% = 0.25

What is the price of FRO shares?

As of August 16, 2025, the stock is trading at PLN 35.10 with a total of 159,158 shares traded.
Over the past week, the price has changed by +3.24%, over one month by -4.62%, over three months by +2.33% and over the past year by +5.64%.

Is Ferro S.A. a good stock to buy?

Neither. Based on ValueRay´s Fundamental Analyses, Ferro S.A. is currently (August 2025) neither a good nor a bad stock to buy. It has a ValueRay Fundamental Rating of 62.03 and therefor a neutral outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of FRO is around 40.52 PLN . This means that FRO is currently undervalued and has a potential upside of +15.44% (Margin of Safety).

Is FRO a buy, sell or hold?

Ferro S.A. has no consensus analysts rating.

What are the forecasts/targets for the FRO price?

Issuer Target Up/Down from current
Wallstreet Target Price 43 22.5%
Analysts Target Price - -
ValueRay Target Price 44.2 25.8%

FRO Fundamental Data Overview

Market Cap USD = 198.3m (724.4m PLN * 0.2737 PLN.USD)
Market Cap PLN = 724.4m (724.4m PLN * 1.0 PLN.PLN)
CCE Cash And Equivalents = 36.0m PLN (Cash only, last quarter)
P/E Trailing = 9.6056
P/S = 0.9283
P/B = 1.5482
Beta = 0.761
Revenue TTM = 779.8m PLN
EBIT TTM = 82.0m PLN
EBITDA TTM = 82.0m PLN
Long Term Debt = 7.67m PLN (from longTermDebt, last quarter)
Short Term Debt = 144.1m PLN (from shortLongTermDebt, last quarter)
Debt = 151.8m PLN (Calculated: Short Term 144.1m + Long Term 7.67m)
Net Debt = 115.7m PLN (from netDebt column, last quarter)
Enterprise Value = 840.1m PLN (724.4m + Debt 151.8m - CCE 36.0m)
Interest Coverage Ratio = 12.75 (Ebit TTM 82.0m / Interest Expense TTM 6.43m)
FCF Yield = 2.69% (FCF TTM 22.6m / Enterprise Value 840.1m)
FCF Margin = 2.90% (FCF TTM 22.6m / Revenue TTM 779.8m)
Net Margin = 9.69% (Net Income TTM 75.5m / Revenue TTM 779.8m)
Gross Margin = 39.35% ((Revenue TTM 779.8m - Cost of Revenue TTM 472.9m) / Revenue TTM)
Tobins Q-Ratio = 2.33 (Enterprise Value 840.1m / Book Value Of Equity 361.0m)
Interest Expense / Debt = 1.44% (Interest Expense 2.19m / Debt 151.8m)
Taxrate = 18.31% (from yearly Tax Provision: 16.3m / 88.8m)
NOPAT = 67.0m (EBIT 82.0m * (1 - 18.31%))
Current Ratio = 1.74 (Total Current Assets 497.7m / Total Current Liabilities 286.7m)
Debt / Equity = 0.33 (Debt 151.8m / last Quarter total Stockholder Equity 466.5m)
Debt / EBITDA = 1.85 (Net Debt 115.7m / EBITDA 82.0m)
Debt / FCF = 6.72 (Debt 151.8m / FCF TTM 22.6m)
Total Stockholder Equity = 441.6m (last 4 quarters mean)
RoA = 9.55% (Net Income 75.5m, Total Assets 791.1m )
RoE = 17.11% (Net Income TTM 75.5m / Total Stockholder Equity 441.6m)
RoCE = 18.25% (Ebit 82.0m / (Equity 441.6m + L.T.Debt 7.67m))
RoIC = 12.40% (NOPAT 67.0m / Invested Capital 539.9m)
WACC = 5.95% (E(724.4m)/V(876.1m) * Re(6.95%)) + (D(151.8m)/V(876.1m) * Rd(1.44%) * (1-Tc(0.18)))
Shares Correlation 5-Years: 0.0 | Cagr: 0.0%
Discount Rate = 6.95% (= CAPM, Blume Beta Adj.) -> floored to rf + ERP 8.05%
[DCF Debug] Terminal Value 78.09% ; FCFE base≈85.3m ; Y1≈84.2m ; Y5≈87.0m
Fair Price DCF = 72.63 (DCF Value 1.54b / Shares Outstanding 21.2m; 5y FCF grow -2.15% → 3.0% )
Revenue Correlation: -59.57 | Revenue CAGR: -4.42%
Revenue Growth Correlation: 74.77%
EPS Correlation: 27.94 | EPS CAGR: 2.52%
EPS Growth Correlation: -1.62%

Additional Sources for FRO Stock

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