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BRS GPW sWIG80 Periodic report · PAP Biznes

Boryszew (BRS) · Q2 2026 results and valuation

Share price: 4.70 zł · 2026-11-10

Results Q2 2026 vs Q2 2025 · year over year · published 13 Aug 2026 and 14 Aug 2025

Net income up 351.2% year on year. The language turned more cautious.

Only a basic analysis is available for this company at the moment.

1 · Numbers

+351.2%

Net income vs Q2 2025

Net income 14.3M vs 3.2M

Revenue +5.8%

2 · How the report reads

More cautious

Language tone vs last period

Report language: typical for a company report — more cautious than in Q2 2025.

Weak signal: formal report language, not a call.

3 · What stood out Nothing unusual flagged this period.

Valuation

Is Boryszew undervalued?

Reverse DCF. Free cash flow from the last full fiscal year (2025-12-31), grown for 10 years, discounted back, plus a terminal value. “Implied growth” is the rate the current price assumes.

The projected cash flow doesn't cover the debt, so the price is far above the model's fair value.

Current price

4.70 zł

close of 2026-11-10

Market implies growth of iThe yearly free-cash-flow growth, for the next 10 years, that today’s share price already assumes. If you believe the company grows faster than this, the stock is cheap under this model; slower, and it is expensive.

+60.3% for 10 yrs

Fair value / share

-2.16 zł

Buy below

-1.62 zł

Price vs fair value

n/a

Price vs buy-below price

n/a

Official channels

The company's own website and social media accounts.

Read between the lines

No major shifts flagged this period.

Tone

How upbeat the language was, compared with other companiesiTone counts positive minus negative finance words, adjusted for length. Executives mostly speak positively, so the labels compare each call with every company's latest call: “typical” is the middle third, “very upbeat” the top tenth, “cautious” the bottom tenth.. Dot: Q2 2026. Ring: Q2 2025.

Report language Typical (was typical)

Typical for a company report — more cautious than in Q2 2025. Periodic reports carry legally required risk wording, so their tone moves little and is a weak signal.

Sentences that drove the tone
“The Company is currently in the process of optimizing the enterprise's operations, the objective of which is to improve the Company's economic situation by increasing operational efficiency and ensuring the further development of the enterprise.”
“strategic initiatives in the Metals segment: increasing production capacities of cables and introducing higher value-added products, expanding production capacities and the range of brass and copper alloy products, expanding the offer –”
“Frequent amendments, inconsistency, and the lack of interpretation of legal provisions, in particular tax law, entail significant risks related to the legal environment in which the Capital Group Companies conduct their activities.”

Full figures

PLN · PAP Biznes report (2026-08-13)

Metric Q2 2026 Q2 2025 Change
Revenue 1.30B 1.23B +5.8%
Gross profit 130.7M 126.3M +3.5%
Operating income 45.4M 16.2M +179.5%
Net income 14.3M 3.2M +351.2%
EPS 0.07 0.02 +250.0%
P/E today 39.8 42.0 10.9 +31.1

Topics

Topics are drawn from the full report text, not management commentary.

Most discussed now

  • New The Circular Economy segment recorded a decline (1.7k
  • New The groups are: problems with acquiring skilled personnel, migration of skilled personnel, and increasing demands regarding employee…
  • New The acquisitions of manufacturing enterprises from the non-ferrous metals, automotive, and steel industries combined with their…
  • New In the case of Elana, this was related, among other things, to an increase in sales volume, lower raw material costs, and a reduction in…
  • In the first half of 2026 and until the date of publication of the report, the Company did not issue non-equity securities.

Top topics in Q2 2025

  • Nothing dropped away.

Latest announcements

Official filings, newest first.

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