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Poland's leading aluminum extrusion maker, producing profiles and systems for windows, facades and industrial uses, plus flexible packaging.
Poland's leading aluminum extrusion maker, producing profiles and systems for windows, facades and industrial uses, plus flexible packaging.
Prices its aluminium products at the metal cost plus a conversion fee, so the conversion margin and volumes matter more than the aluminium price itself. Window and facade systems go to fabricators in Poland and abroad, while packaging serves food and consumer-goods makers; exports are a considerable part of sales.
In one line: Poland's leading aluminum extrusion and construction systems maker.
Moat: narrow (scale, process know-how). Largest Polish aluminum extrusion capacity with integrated systems/design and packaging business.
Headquarters: Kety, Poland · Founded: 1968 · Employees: 6,150
Size Grupa Kety (KTY.WA) is a Poland Materials company (Aluminum) with a market value of $3.15B, the 27th largest of 83 Poland companies the cockpit tracks. Shares closed at PLN 1,251 on 6 Nov 2026.
Performance Over six months the shares gained 10.8%, against -27.8% for the median peer and +14.3% for the Poland market (cap-weighted) — highest of 21 in its peer set.
Growth Revenue grew 7.7% over the last twelve months (peer median +13.0%); the operating margin is 15.4% (peer median 8.6%).
Valuation It trades at 16.9× forward earnings against a peer median of 9.2× (2nd most expensive of 16).
Price implies For today's price to make sense, revenue must grow about 7% a year for seven years (Req g). Recent delivered growth is +9%, so the hurdle is -3 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 12.3 points above its cost of capital (10.2% WACC).
Next results Next results expected around 25 Mar 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | PLN 5.91B | PLN 5.49B | PLN 5.14B | PLN 5.22B | PLN 5.93B |
| Revenue growth | — | +7% | -1% | -12% | — |
| Gross profit | PLN 989M | PLN 840M | PLN 760M | PLN 710M | PLN 920M |
| EBITDA | PLN 1.16B | PLN 1.01B | PLN 917M | PLN 850M | PLN 1.03B |
| Net income | PLN 696M | PLN 568M | PLN 560M | PLN 539M | PLN 678M |
| Free cash flow | PLN 576M | PLN 643M | PLN 374M | PLN 776M | PLN 366M |
| Capital expenditure | PLN 231M | PLN 220M | PLN 274M | PLN 316M | PLN 310M |
| Total debt | PLN 1.22B | PLN 1.44B | PLN 1.58B | PLN 1.02B | PLN 1.20B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Grupa Kety KTY.WA | $3.15B | +11% | +8% | 15% | 16.9× | 6.6% |
| Norsk Hydro NHY.OL | $14.4B | -34% | -4% | 10% | 8.3× | 0.4% |
| Constellium CSTM | $2.93B | -36% | +26% | 9% | 8.3× | -6.8% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | KTY.WA | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | -0.6% | -8.6% | 4th highest of 21 |
| 6-month return | +10.8% | -27.8% | highest of 21 |
| Distance from 52-week high | -8.2% | -47.4% | highest of 21 |
| Revenue growth (TTM) | +7.7% | +13.0% | 7th lowest of 21 |
| Operating margin | 15.4% | 8.6% | 5th highest of 21 |
| Forward P/E | 16.9× | 9.2× | 2nd most expensive of 16 |
| Growth the price implies (Req g, 7 yrs) | 6.6% | -4.8% | 4th most demanding of 13 |
| Growth delivered (Del g) | +9.2% | +12.1% | 5th lowest of 13 |
| Hurdle (Req g minus delivered) | -2.7 pp | -17.1 pp | 3rd most demanding of 13 |
| ROIC minus cost of capital | +12.3 pp | +2.2 pp | 5th highest of 21 |
| EV / EBITDA | 11.7× | 7.3× | 3rd most expensive of 10 |
| Net debt / EBITDA | 1.0× | 2.0× | 3rd least indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Grupa Kety KTY.WA | Poland | $3.15B | +11% | +8% | 15% | 16.9× | 6.6% | +9.2% |
| Century Aluminum CENX | United States | $3.31B | -43% | +10% | 15% | 3.2× | 9.9% | +9.5% |
| Henan Zhongfu Industrial 600595.SS | China | $3.36B | -28% | +24% | 16% | 5.7× | -10.2% | +23.3% |
| Constellium CSTM | United States | $2.93B | -36% | +26% | 9% | 8.3× | -6.8% | +8.7% |
| Henan Mingtai Aluminum Industrial 601677.SS | China | $2.70B | -17% | +19% | 6% | 7.2× | -2.7% | +16.6% |
| United Company RUSAL international PJSC 0486.HK | Hong Kong | $4.26B | -34% | -4% | 6% | n/a | n/a | n/a |
| Xinjiang Joinworld 600888.SS | China | $2.07B | +3% | +21% | 7% | 11.7× | n/a | n/a |
| UACJ 5741.T | Japan | $2.06B | -36% | +28% | 9% | 6.2× | -5.3% | +15.7% |
| Jiangsu Dingsheng New Material Joint-Stock 603876.SS | China | $2.00B | -52% | +10% | 4% | 12.4× | 8.1% | +16.2% |
| Shanghai Huafon Aluminium Corporation 601702.SS | China | $1.98B | -29% | +10% | 10% | 9.2× | n/a | n/a |
| Innovation New Material Technology 600361.SS | China | $1.91B | -24% | +4% | 1% | 10.7× | n/a | n/a |
| Granges GRNG.ST | Sweden | $1.83B | -6% | +27% | 6% | 12.1× | n/a | n/a |
| Kaiser Aluminum KALU | United States | $1.75B | -41% | +40% | 8% | 10.9× | 0.8% | +23.5% |
| Jiaozuo Wanfang Aluminum Manufacturing 000612.SZ | China | $1.71B | -28% | +13% | 32% | n/a | -13.0% | +6.6% |
| Nantong Haixing Electronics 603115.SS | China | $1.62B | -22% | +21% | 8% | 33.5× | n/a | n/a |
| National Aluminium NATIONALUM.NS | India | $6.33B | -19% | +14% | 43% | 8.3× | -4.2% | +14.7% |
| Giansun Precision Technology 001400.SZ | China | $1.41B | -35% | 0% | 10% | n/a | n/a | n/a |
| Shandong Nanshan Aluminium 600219.SS | China | $7.53B | -19% | +4% | 13% | 10.7× | -5.7% | +9.4% |
| Grinm Metal Composites (Beijing) Technology 688811.SS | China | $1.27B | -30% | 0% | 11% | n/a | n/a | n/a |
| Tianshan Aluminum 002532.SZ | China | $8.36B | -28% | +17% | 31% | 6.4× | -13.0% | +1.4% |
| Elkem ELK.OL | Norway | $1.18B | +7% | -12% | 3% | n/a | 17.0% | -7.2% |