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Added to YB: 2026-01-06

Pitch date: 2026-01-03

MBR.WA [bullish]

Mo-BRUK S.A.

+15.86%

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 321.94

Price Target

520.00 (+39%)

Dividend

4.05%

EV/EBITDA

15.58

P/E

72.12

EV/Sales

4.29

Sector

Commercial Services and Supplies

Category

value

Show full summary:
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)