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KGHM Polska Miedz S.A. (KGH.WA)

PLN320.00 +14.55 (+4.76%)
PL WSE Basic Materials Copper
Address 48 M.Sklodowskiej-Curie Street 59-301
Lubin, PL
CEO Miroslaw Laskowski
Website kghm.com
IPO 2000-01-03
ISIN PLKGHM000017

Explore sections of this company profile

Also trades on Other OTC · KGHPF (USD) Warsaw Stock Exchange · KGH.WA (PLN)
Description

KGHM Polska Miedz S.A. operates in the mining, production, and international distribution of copper, precious metals, and various non-ferrous metals, catering to both Polish and global markets. The company's comprehensive product lineup includes copper cathodes, wire rods, specific Cu-Ofe and Cu-Ag wires, and granular copper products. It also provides silver in bullion bars and granular forms, alongside gold bars. Further offerings encompass molybdenum, ammonium perrhenate, metallic rhenium, and rhenium powder. Additionally, KGHM supplies lead, sulfuric acid, copper and nickel sulfates, selenium products, as well as platinum, palladium, and rock salt. This enterprise was established in 1961 and maintains its headquarters in Lubin, Poland.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
PLN320.00 +14.55 (+4.76%)
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Volume Profile
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Liquidity & share structure
Average Volume
864.1K
Beta
1.25
Float Shares
136.41M
Free Float %
68.2%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-8.63% -0.25% -1.61% +17.82% +74.90% +18.57% +170.76% +197.21% +57.01% +415.88% +1,330.43%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
320.00
DCF (Unlevered) 24.71 -92.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 40% Bullish
Rating 2026-05 Change
Strong Buy 1 -1
Buy 3 -1
Hold 2 0
Sell 4 -1
Strong Sell 0 0
Quality scores
Altman Z-Score
3.47
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
3 / 10
No MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
3 / 5
Medium
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Copper: +11.5%
    +3.0% Q1'26: +38.3% (vs Q1'25)
  • EPS growth Copper: +54.7%
    +28.6% Q1'26: +969.7% (vs Q1'25)
  • FCF margin FCF growth · Copper: +5.7%
    +3.7% Q1'26: +5.0% (vs Q1'25)
  • EBIT margin Copper: +16.7%
    +15.4% Q1'26: +36.4% (vs Q1'25)
  • ROIC Copper: +7.0%
    +10.0% Q1'26: +31.2% (vs Q1'25)
  • Share dilution Copper: +0.0%
    +0.0% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Copper: 0.66×
    0.73× Q1'26: 0.30× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (1.23) × ERP
WACC = 93% × Ke + 7% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 24.71 Current price: 320.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
2 Rev. Ana.
1 EPS Ana.
Dec 2027
8 Rev. Ana.
5 EPS Ana.
Dec 2028
5 Rev. Ana.
2 EPS Ana.
Revenue
20.01B
est: 20.06B (-0.3%)
19.16B
est: 18.52B (+3.4%)
20.36B
est: 20.89B (-2.5%)
20.53B
est: 20.63B (-0.5%)
22.72B
est: 23.06B (-1.5%)
23.63B
est: 24.20B (-2.3%)
29.80B
est: 30.39B (-1.9%)
33.85B
est: 33.78B (+0.2%)
32.83B
est: 33.18B (-1.1%)
35.32B
est: 35.87B (-1.5%)
36.37B
est: 37.14B (-2.1%)
49.13B
49.07B – 49.18B
+32.3% YoY
48.08B
44.30B – 56.18B
-2.1% YoY
46.67B
46.60B – 46.73B
-2.9% YoY
EBITDA
1.63B
est: 3.80B (-57.2%)
-751.00M
est: 3.51B (-121.4%)
4.53B
est: 3.96B (+14.6%)
5.10B
est: 3.91B (+30.6%)
4.16B
est: 4.37B (-4.8%)
5.23B
est: 4.58B (+14.2%)
10.24B
est: 5.76B (+77.9%)
7.52B
est: 6.40B (+17.6%)
-1.14B
est: 6.27B (-118.2%)
6.87B
est: 6.78B (+1.3%)
7.97B
est: 7.02B (+13.6%)
9.28B
9.27B – 9.29B
+32.3% YoY
9.08B
8.37B – 10.62B
-2.1% YoY
8.82B
8.81B – 8.83B
-2.9% YoY
EBIT
-4.97B
est: 2.34B (-311.8%)
-3.72B
est: 2.16B (-271.7%)
2.41B
est: 2.44B (-1.4%)
3.26B
est: 2.41B (+35.1%)
2.81B
est: 2.69B (+4.3%)
2.90B
est: 2.83B (+2.6%)
7.93B
est: 3.55B (+123.4%)
6.53B
est: 3.95B (+65.4%)
-3.45B
est: 4.01B (-186.0%)
4.86B
est: 4.34B (+12.0%)
5.61B
est: 4.49B (+24.8%)
5.94B
5.94B – 5.95B
+32.3% YoY
5.82B
5.36B – 6.80B
-2.1% YoY
5.65B
5.64B – 5.65B
-2.9% YoY
Net Income
-5.01B
est: 1.49B (-436.8%)
-4.37B
est: -49.93M (-8,654.3%)
1.57B
est: 2.51B (-37.5%)
1.66B
est: 1.77B (-6.2%)
1.42B
est: 2.13B (-33.4%)
1.80B
est: 2.29B (-21.4%)
6.16B
est: 5.71B (+7.9%)
4.77B
est: 5.44B (-12.3%)
-3.70B
est: -3.02B (-22.5%)
2.87B
est: 2.16B (+32.7%)
3.69B
est: 2.45B (+50.7%)
7.66B
6.67B – 8.65B
+213.0% YoY
6.89B
4.84B – 7.54B
-10.0% YoY
6.93B
5.78B – 7.63B
+0.5% YoY
SGA
1.34B
est: 1.22B (+10.5%)
1.37B
est: 1.12B (+22.1%)
1.34B
est: 1.27B (+6.1%)
1.38B
est: 1.25B (+10.4%)
1.50B
est: 1.40B (+7.4%)
1.49B
est: 1.47B (+1.6%)
1.56B
est: 1.84B (-15.0%)
1.96B
est: 2.05B (-4.1%)
2.20B
est: 2.01B (+9.5%)
2.21B
est: 2.17B (+1.6%)
2.28B
est: 2.25B (+1.5%)
2.97B
2.97B – 2.98B
+32.3% YoY
2.91B
2.68B – 3.40B
-2.1% YoY
2.82B
2.82B – 2.83B
-2.9% YoY
EPS
-25.06
est: 7.44 (-436.8%)
-21.85
est: -0.25 (-8,652.3%)
7.84
est: 12.53 (-37.5%)
8.29
est: 8.83 (-6.1%)
7.11
est: 10.67 (-33.4%)
9.00
est: 11.45 (-21.4%)
30.78
est: 28.54 (+7.9%)
23.86
est: 27.41 (-13.0%)
-18.49
est: -15.10 (-22.5%)
14.34
est: 10.50 (+36.6%)
18.44
est: 11.89 (+55.1%)
38.29
33.36 – 43.23
+222.0% YoY
34.01
24.21 – 37.72
-11.2% YoY
33.52
28.89 – 38.15
-1.4% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-11 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-08 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-07 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-06 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-05 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-05-04 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-04-30 B+ 3/5 1/5 4/5 5/5 2/5 3/5 3/5
2026-04-29 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-28 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-27 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-24 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-23 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-22 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-21 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-20 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-17 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-16 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5
2026-04-15 B 3/5 1/5 4/5 5/5 1/5 2/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-468.83M
OE per share TTM
-2.34
Owner's Yield
-0.67%
Maintenance CapEx ratio
22.43%
Maint CapEx / Avg PPE
88.7%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
165.5K
Shares Outstanding
200.00M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Zbigniew Bryja Vice President of Management Board & Deputy Chairman for Development 1M male
Miroslaw Laskowski Deputy Chief Executive Officer for Production & Vice President of Management Board 1M male
Piotr Krzyzewski Vice President of the Management Board of Finance 1M male
Boguslaw Szarek Secretary of the Supervisory Board & Employees Elected Member of Supervisory Board 522.0K male
Agnieszka Sinior Executive Director of Accounting Services Centre & Chief Accountant
Remigiusz Paszkiewicz Chief Executive Officer & President of the Management Board male
Anna Sobieraj-Kozakiewicz Vice President of Management Board & Deputy Chief Executive Officer for Foreign Assets female
Monika Wolniewicz Director of Corporate Risk Management & Compliance Department
Janusz Krystosiak Director of Investor Relations Department male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits