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Tatry mountain resorts, a.s. (TMR.WA)

PLN75.00 +0.00 (+0.00%)
SK WSE Consumer Cyclical Gambling, Resorts & Casinos
Address Demänovská Dolina 72 031 01
Liptovský Mikuláš, SK
CEO Igor Rattaj
Website tmr.sk
IPO 2012-10-15
ISIN SK1120010287

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Description

Tatry mountain resorts, a.s. (TMR), along with its affiliated entities, delivers a wide array of tourism services, primarily centered in Slovakia but extending across multiple countries. The company structures its operations across seven distinct segments: Mountain Resorts, Leisure Parks, Golf, Dining, Sports Services and Stores, Hotels, and Real Estate. Its Mountain Resorts division manages a portfolio of mountain resorts, which it either owns or leases, in diverse locations including the High and Low Tatras in Slovakia, the Czech Republic, Poland's Beskid Mountains, and Austria, collectively offering 137 kilometers of ski trails. The Leisure Parks segment comprises Aquapark Tatralandia and Poland's Legendia- Silesian Amusement Park. TMR's Golf segment is responsible for the leasing and operation of two golf resorts situated in the Czech Republic. The Dining segment encompasses a variety of food and beverage establishments, including restaurants, bars, après-ski venues, and quick-service dining, strategically located within its mountain resorts, leisure parks, and golf facilities. Through the Sports Services and Stores segment, the company manages specialized retail outlets for ski and snowboard equipment (under brands such as Tatry Motion, Szczyrk Motion, and Ješted Motion), operates ski schools, and provides sports equipment rentals. This segment also includes souvenir and specialty merchandise stores within its leisure parks. The Hotels segment oversees a collection of hotels, both owned and leased, integrated within its various resorts, providing accommodation for approximately 2,300 guests. Lastly, the Real Estate segment is dedicated to the development, construction, and sale of residential apartments and associated infrastructure. Originally incorporated in 1992 as Jasná Nízke Tatry, a.s., the entity adopted its current name, Tatry mountain resorts, a.s., in June 2009. The company's principal office is located in Liptovský Mikuláš, Slovakia.

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
PLN75.00 +0.00 (+0.00%)
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Volume Profile
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Liquidity & share structure
Average Volume
14
Beta
0.09
Float Shares
12.97M
Free Float %
99.6%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+0.00% +4.94% +2.41% -8.11% -3.41% -2.86% -3.95% -31.45% -45.51% -22.73% -52.51%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
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Annual Monthly Returns
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Daily Returns Distribution
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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
75.00
DCF (Unlevered) 148.74 +98.3%
DCF (Levered) 199.85 +166.5%

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.

Quality scores
Altman Z-Score
2.35
Grey zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
1 / 10
No MOAT
Composite Rating
A
Overall Score
4 / 5
High
DCF Score
5 / 5
High
ROE Score
5 / 5
High
ROA Score
5 / 5
High
D/E Score
1 / 5
Low
P/E Score
4 / 5
High
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Gambling, Resorts & Casinos: +5.3%
    +1.0% Q4'25: +1.8% (vs Q4'23)
  • EPS growth Gambling, Resorts & Casinos: +9.4%
    -340.0% Q4'25: +19.3% (vs Q4'23)
  • FCF margin FCF growth · Gambling, Resorts & Casinos: +17.3%
    -2.8% Q4'25: -3.2% (vs Q4'23)
  • EBIT margin Gambling, Resorts & Casinos: +17.5%
    +11.8% Q4'25: -6.9% (vs Q4'23)
  • ROIC Gambling, Resorts & Casinos: +8.0%
    +5.4% Q4'25: -4.8% (vs Q4'23)
  • Share dilution Gambling, Resorts & Casinos: +0.3%
    +61.7% Q4'25: +94.2% (vs Q4'23)
  • Debt / EBITDA Net debt/EBITDA · Gambling, Resorts & Casinos: 0.94×
    6.29× Q4'25: 9.46× (vs Q4'23)
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 (0.08) × ERP
WACC = 43% × Ke + 57% × Kd (6.3%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 148.74 Current price: 75.00
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

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

Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-05-26 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-05-25 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-05-21 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-05-20 A 4/5 5/5 5/5 5/5 1/5 4/5 2/5
2026-05-18 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-13 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-12 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-11 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-08 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-07 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-05-04 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-30 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-23 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-22 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-21 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-20 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5
2026-04-17 A 4/5 5/5 5/5 5/5 1/5 4/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
1.68B
OE per share TTM
146.92
Owner's Yield
151.66%
Maintenance CapEx ratio
Maint CapEx / Avg PPE
309.0%

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.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

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
16.9K
Shares Outstanding
13.02M

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
Cenek Jilek Chief Operating Officer male
Igor Rattaj Chairman of the Board
Marián Klas Finance Director & Director male
Zuzana Istvanfiova Vice Chairman of the Board female
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 history

Earnings history

Earnings reports

Stock splits