Loading…

Mirbud S.A.MRB.WACompetitor analysis, valuation and peers

Poland · PLN·Industrials›Engineering & Construction
Momentum neutral 46
Mkt cap
$319M
US dollars, full cap
Free float
62%
of shares outstanding
$/day
$345,610
20-day average traded
Fwd P/E
10.3×
forward earnings
ROIC−WACC
-4.5 pp
WACC 10.3%
Hurdle
n/a
no reverse DCF
Next earnings
26 days
2 Dec 2026
Close · PLNPLN 11.37
1D+1.5%
1W-3.2%
1M+3.3%
3M-14.2%
6M+10.5%
YTD-23.3%
1Y-16.3%
ATR %3.0%
52w lowhigh25.5% off high

What Mirbud does

Employees: 1,267

Mirbud at a glance

Size Mirbud (MRB.WA) is a Poland Industrials company (Engineering & Construction) with a market value of $319M, the 80th largest of 83 Poland companies the cockpit tracks. Shares closed at PLN 11.37 on 6 Nov 2026.

Performance Over six months the shares gained 10.5%, against -18.2% for the median peer and +14.3% for the Poland market (cap-weighted) — 3rd highest of 20 in its peer set.

Growth Revenue grew 6.2% over the last twelve months (peer median -1.5%); the operating margin is 3.7% (peer median 5.8%).

Valuation It trades at 10.3× forward earnings against a peer median of 14.5× (3rd cheapest of 8).

Capital Return on invested capital runs 4.5 points below its cost of capital (10.3% WACC).

Next results Next results expected around 2 Dec 2026 (exchange calendar; dates can move).

Relative performance

8010012011 May 202611 Aug 20266 Nov 2026MRB.WA 112Peer median 83
Six months, rebased to 100: Mirbud against the median of its 20 peers (local-currency closes).

Mirbud financials

Reported figures in PLN; fiscal year ends 2025-12-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
RevenuePLN 3.19BPLN 2.95BPLN 3.25BPLN 3.32BPLN 3.32B
Revenue growth—-9%-2%0%—
Gross profitPLN 271MPLN 227MPLN 291MPLN 336MPLN 270M
EBITDAPLN 153MPLN 129MPLN 210MPLN 258MPLN 213M
Net incomePLN 121MPLN 112MPLN 121MPLN 135MPLN 119M
Free cash flow-PLN 39.7M-PLN 106M-PLN 167M-PLN 5.49MPLN 95.6M
Capital expenditurePLN 38.4MPLN 31.4MPLN 95.7MPLN 114MPLN 7.14M
Total debtPLN 618MPLN 450MPLN 356MPLN 405MPLN 448M

Quarterly statements and history in the cockpit →

Mirbud competitor charts

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.

Performance: 6-month against 1-month return

-50%0%+50%-20%-10%0%179318986004631945000548KNRCON300198VINDHYATEL301027CAPDJKILPSPPROJECT99291811ASHOKA1967IMSRDURMRB.WA6-month return →1-month return →
Up and to the right = strong over both horizons. Mirbud is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%+40%10×15×20×1945KNRCONCAPDJKILPSPPROJECTASHOKADURMRB.WARevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Mirbud is the large dot.

Mirbud competitors and peer comparison

How Mirbud compares with its peers

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.

Mirbud against its 20 peers (data as of 6 Nov 2026)
MeasureMRB.WAPeer medianRank in peer set
1-month return+3.3%-8.6%2nd highest of 20
6-month return+10.5%-18.2%3rd highest of 20
Distance from 52-week high-25.5%-33.7%5th highest of 20
Revenue growth (TTM)+6.2%-1.5%10th highest of 21
Operating margin3.7%5.8%8th lowest of 20
Forward P/E10.3×14.5×3rd cheapest of 8
ROIC minus cost of capital-4.5 pp-1.2 pp7th lowest of 20
Net debt / EBITDA2.9×-0.2×3rd most indebted of 15

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Mirbud MRB.WAPoland$319M+10%+6%4%10.3×n/an/a
Ohmoto Gumi 1793.TJapan$320M+15%+36%4%n/an/an/a
Seikitokyu Kogyo 1898.TJapan$318M-4%-5%7%n/a-15.2%+1.1%
Beijing Airport High-Tech Park 600463.SSChina$314M-35%+15%-9%n/an/an/a
Tokyo Energy & Systems 1945.TJapan$326M-10%+29%6%10.4×3.0%+6.9%
Hunan Investment 000548.SZChina$326M-18%-19%19%n/an/an/a
KNR Constructions KNRCON.NSIndia$327M-19%-38%25%22.2×n/an/a
Bondada Engineering BONDADA.NSIndia$327Mn/a+202%11%n/a20.0%+58.2%
Fujian Newchoice Pipe Technology 300198.SZChina$311M-21%+37%-154%n/an/an/a
Vindhya Telelinks VINDHYATEL.NSIndia$310M+47%-18%7%n/an/an/a
Hualan 301027.SZChina$310M-43%+12%4%n/a22.0%-7.9%
Capital CAPD.LUnited Kingdom$329M-4%+16%15%9.8×-4.9%+20.0%
J. Kumar Infraprojects JKIL.NSIndia$331M-20%-2%11%7.1×-2.1%+17.4%
PSP Projects PSPPROJECT.NSIndia$333M-7%+45%4%20.9×29.2%+20.5%
SEM 9929.HKHong Kong$306M-8%+34%-81%n/an/an/a
Zenitaka 1811.TJapan$306M-20%-7%2%n/a-1.1%+3.5%
Ashoka Buildcon ASHOKA.NSIndia$303M-27%-25%19%15.0×-10.6%+7.1%
Yamato 1967.TJapan$302M0%-4%11%n/an/an/a
Terrestrial Energy IMSRUnited States$301M-62%-100%n/an/an/an/a
Huitong Construction 603176.SSChina$340M-14%-24%5%n/an/an/a
Duratec DUR.AXAustralia$341M-28%0%5%14.5×4.6%+19.3%

Questions

Which companies are Mirbud's closest peers?
The cockpit's peer set: Ohmoto Gumi (1793.T), Seikitokyu Kogyo (1898.T), Beijing Airport High-Tech Park (600463.SS), Tokyo Energy & Systems (1945.T), Hunan Investment (000548.SZ), KNR Constructions (KNRCON.NS), Bondada Engineering (BONDADA.NS), Fujian Newchoice Pipe Technology (300198.SZ).
Is Mirbud expensive compared with its peers?
On forward p/e it trades at 10.3× against a peer median of 14.5×, 3rd cheapest of 8 in its peer set.
How has Mirbud stock performed?
Over six months to 6 Nov 2026 the shares returned +10.5% against -18.2% for the median peer; over one year -16.3%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.