QM · rank #19 · 2026-09-07
MBR
GPW · PLN · $379M (USD)
The exact numbers the algorithm saw.
| Momentum 12-1 Return from 12 months ago to 1 month ago. | +35.11% |
|---|---|
| ROE TTM Return on equity, trailing 12 months. | +14.4% |
| Profit margin Net profit margin, trailing 12 months. | +8.3% |
| Market cap (USD) Size filter: > $300M required (USD-equivalent). | $379M |
| Anchor (recent) Close on 2026-08-07 | $381.00 |
| Anchor (far) Close on 2025-08-08 | $282.00 |
The AI research card
Independent qualitative review of each pick before the order is placed. On the rare day the research service is unavailable, the paper book trades on the quant ranking alone and no card appears here.
Summary
Mo-Bruk (MBR) is a Polish industrial and hazardous waste processor operating solidification/stabilization, RDF, and incineration facilities with record 2025 revenues of 319.9 mln PLN.
Rationale
The 35% trailing momentum aligns with genuine fundamental acceleration — H1 2026 net profit surged 59% YoY to 42.2 mln PLN, ROE of 14.4% and ~44% EBITDA margins confirm the quality screen is capturing real earnings power, not multiple expansion alone.
Material risks
- 1Provision-driven earnings volatility is the primary thesis-breaker — a single 65.2 mln PLN charge wiped reported 2025 net profit to 15.2 mln PLN, meaning the quality signal can be invalidated overnight by a recurrence tied to environmental or legal liabilities inherent to hazardous waste operations.
- 2Revenue concentration in a finite contracted backlog (~108–112 mln PLN secured for 2026 out of ~180 mln PLN total) means a tender loss or renewal delay in H2 2026 could sharply decelerate the growth rate underpinning the momentum signal.
AI verdict council
Each pick is reviewed independently by 3 models before any order. 3 of 3 voted to proceed.