Armatura SA

ARM

Armatura SA engages in production and sale of fittings in Romania and internationally. It offers metal fittings for heating, and water and gas installations. The company was founded in 1884 and is bas...

Website | Miscellaneous Fabricated Metal Products | Other

Automated Financial Analysis

🤵

Financial Advisor Insight

"Current valuation levels are elevated, suggesting the price may be ahead of fundamentals. Technicals confirm a positive long-term trend, supported by moving averages. Order book analysis reveals strong buying pressure from market participants."

Sentiment: Bullish Action: Buy

"Financial analysis reveals potential risks regarding growth or leverage that warrant caution."

Declining Revenue (-23.6% CAGR).
Overvalued based on PE (Current: 3,868.0 vs Fair: 15).
Bullish Trend (SMA50 > SMA200).

Technical Analysis

Trend Bullish (Long Term)
Last Cross
Golden Cross (7 months ago)
RSI (14) 48.6
SMA 50 1.16
SMA 200 0.53

Price Valuation

Current Price 1.24
Fair Value (PE 15) 0.00
Overvalued 100%
Graham Number 0.04
Downside 97%

Forecast

Rev Forecast (Next Yr) 0M
Growth Forecast -76.6%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
0.26
Less Volatile than Market
Correlation
0.03
Moves with Market
Relative Strength (1Y)
441.01%
vs Benchmark
Index Returns (1Y)
58.4%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
ARM 1,165.3% 1,285.5% 805.1% -4.6% -6.8% 0.0% 0.0% 0.0%
BET - 144.7% 58.4% 21.9% 25.9% 8.6% 1.5% -0.3%
Alpha (Diff) - +1,140.8% +746.8% -26.6% -32.7% -8.6% -1.5% +0.3%

Financial Reports

Price Chart

Sector: Other

Based on Market Cap
LEADER
SCD
Zentiva S.A.
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ONE
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EVER
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CRC
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LION
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2,412M
FP
Fondul Proprietatea SA
2,339M
AQ
Aquila Part Prod Com S.A.
2,062M
INFINITY
Infinity Capital Investments S.A.
1,981M
SFG
Sphera Franchise Group S.A.
1,539M
ARS
Aerostar S.A.
1,462M
SOCP
SOCEP S.A.
1,187M
GREEN
Green Tech International S.A.
1,111M
ALR
Alro S.A.
1,071M
WINE
Purcari Wineries Public Company Limited
789M
AROBS
AROBS Transilvania Software S.A.
706M
COTE
Conpet S.A.
677M
CMVX
Comvex S.A.
662M
TTS
TTS (Transport Trade Services) S.A.
589M
IMP
Impact Developer & Contractor S.A.
567M
DN
Dn Agrar Group S.A.
463M
SMTL
Simtel Team S.A.
459M
BVB
Bursa de Valori Bucuresti SA
371M
OIL
Oil Terminal S.A.
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SIDG
S.C. ArcelorMittal Hunedoara S.A.
342M
IARV
IAR S.A.
319M
GSH
GRUP SERBAN HOLDING SA
312M
SCDM
S.C. Unirea Shopping Center S.A.
258M
RCHI
Societatea Comerciala Compania Hoteliera Intercontinental Romania S.A.
238M
FOSB
SC Foraj Sonde SA Craiova
237M
PPLI
Professional Imo Partners S.A.
232M

ETAPA 1 • MUST HAVE

4/8
Healthy Leverage (Debt/Equity)
0.00
Target: < 1.5
Gross Margin vs Industry
0.0% vs 0.0%
Target: > 0.0%
Operating Cash Flow vs Profit
0%
Target: > 1.0
Free Cash Flow vs Profit
5,352%
Target: > 0.8
ROIC (Return on Capital)
-1.97%
Target: Positive
ROIC vs WACC
ROIC: -2.0% / WACC: 18,868.2%
Target: > WACC
ROE (Return on Equity)
0.2%
Target: > 10%
EBITDA Positive
0.28M
Target: > 0

ETAPA 2 • CRITERII

4/9
Interest Coverage
Target: > 3x • 0.0x
Miss
Net Margin vs Industry
Target: > 0.0% • 0.7%
Passed
ROA vs Industry
Target: > 3.6% • -1.9%
Miss
Current Ratio
Target: > 1.5 • 19.63
Passed
Assets Growth (5y)
Target: > 0% • -30.2% CAGR
Miss
FCF CAGR (5y)
Target: > 5% • 6.4%
Passed
EV/EBITDA vs Industry
Target: < Industry • 0.0 vs 0.0
Miss
Net Debt / EBITDA
Target: < 3 • 0.05
Passed
Revenue CAGR (5y)
Target: > 5% • -23.6%
Miss

SNAPSHOT COMPANIE

Capitalizare
0.05B RON
EBITDA
0.28M
P/E Ratio
3,868.05
PEG Ratio
0.00
Dividend Yield
0.00%
Beta
0.26
Valoare Intrinsecă (Graham)
0.04 RON
Discount
-97.1%

Balance Sheet

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Cash & Equivalents 6,503,964 6,487,942 7,439,622 7,853,999 658,444
Short-Term Investments - - - - -
Totalcash 6,503,964 6,487,942 7,439,622 7,853,999 658,444
Cash Growth 0.24% -12.79% -5.28% 1,092.81% -36.53%
Accounts Receivable 321,027 554,756 508,558 526,823 11,755,404
Other Receivables - - 2,714 - 48,767
Receivables 321,027 554,756 511,272 526,823 11,804,171
Inventory 400 1,422 - - 1,484
Other Current Assets - - - - 8,684
Assetsc 6,981,908 7,200,637 8,112,358 8,533,834 12,649,606
Property, Plant & Equipment 60,737 111,785 825,372 491,509 1,436,623
Other Intangible Assets - - - - 294
Other Long-Term Assets - - - - -
Assets 7,042,645 7,312,422 8,937,730 9,025,343 14,086,523
Accounts Payable 109,175 23,338 170,205 184,763 246,628
Accrued Expenses - 62,911 121,620 84,137 79,699
Short-Term Debt - - - - -
Current Portion of Long-Term Debt - - - - -
Current Portion of Leases 442 13,856 401,019 8,588 796,667
Current Income Taxes Payable - - - - 3,215,357
Other Current Liabilities 40 266,657 304,415 305,543 420,261
Total Current Liabilities 109,657 366,762 997,259 583,031 4,758,612
Long-Term Leases - - 397,032 392,431 392,431
Long-Term Unearned Revenue - - - - -
Long-Term Deferred Tax Liabilities - - - - -
Other Long-Term Liabilities - - - - -
Total Liabilities 109,657 366,762 1,394,291 975,462 5,151,043
Common Stock 18,110,957 18,110,957 18,110,957 18,110,957 18,110,957
Retained Earnings -12,482,044 -12,469,372 -11,871,593 -11,365,151 -10,479,552
Comprehensive Income & Other 1,304,075 1,304,075 1,304,075 1,304,075 1,304,075
Equity 6,932,988 6,945,660 7,543,439 8,049,881 8,935,480
Total Liabilities & Equity 7,042,645 7,312,422 8,937,730 9,025,343 14,086,523
Filing Date Shares Outstanding 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000
Total Common Shares Outstanding 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000
Book Value Per Share 0.17 0.17 0.19 0.20 0.22
Tangible Book Value 6,932,988 6,945,660 7,543,439 8,049,881 8,935,186
Tangible Book Value Per Share 0.17 0.17 0.19 0.20 0.22
Total Debt 442 13,856 798,051 401,019 1,189,098
Net Cash (Debt) 6,503,522 6,474,086 6,641,571 7,452,980 -530,654
Net Cash Growth 6.84% -2.52% -10.89% - -
Netcashpershare 0.16 0.16 0.17 0.19 -0.01
Working Capital 6,872,251 6,833,875 7,115,099 7,950,803 7,890,994
Land - - - - -
Machinery - 2,288,905 143,490 2,274,106 2,860,517
Construction In Progress - - - - -

Cash Flow Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Net Income - 12,823 -506,443 -885,599 16,192,875
Depreciation & Amortization - 525,440 943,955 774,872 409,145
Other Amortization - - - - 1,199
Loss (Gain) From Sale of Assets - - - - -
Asset Writedown & Restructuring Costs - - - - 64,782
Provision & Write-off of Bad Debts - - - - -
Change in Accounts Receivable - - - - -
Change in Inventory - - - - -
Change in Accounts Payable - - - - -
Other Operating Activities - 148,000 -137,031 7,360,037 -17,140,445
Ncfo - 686,263 300,481 7,249,310 -472,444
Ocf Growth - 128.39% -95.86% - -
Capex - - - - -
Other Investing Activities - 262,982 113,896 51,320 -
Ncfi - 265,417 113,896 53,755 93,406
Other Financing Activities - - - - -
Financing Cash Flow - - - - -
Net Cash Flow - -951,680 -414,377 7,195,555 -379,037
Free Cash Flow - 686,263 300,481 7,249,310 -472,444
Free Cash Flow Growth - 128.39% -95.86% - -
Fcf Margin - 39.72% 16.49% 345.98% -17.07%
Fcfps - 0.02 0.01 0.18 -0.01
Levered Free Cash Flow - -74,264 388,390 8,399,688 -17,084,249
Unlevered Free Cash Flow - 91,621 396,277 8,411,341 -16,930,579
Cash Interest Paid - 6,329 - - -
Change Working Capital - - - - -
Sale of Property, Plant & Equipment - 2,435 - 2,435 93,406
Miscellaneous Cash Flow Adjustments - -1,903,360 -828,754 -107,510 1

Income Statement

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Revenue 1,324,929 1,727,563 1,821,867 2,095,330 2,767,874
Revenue Growth -24.09% -5.18% -13.05% -24.30% -45.47%
Cost of Revenue 169,176 275,059 547,242 430,425 983,726
Gp 1,155,753 1,452,504 1,274,625 1,664,905 1,784,148
Selling, General & Admin 1,632,499 1,366,730 1,282,480 1,282,080 1,467,920
Amortization of Goodwill & Intangibles - - - 774,872 475,126
Other Operating Expenses -147,668 -198,825 -29,292 67,723 1,281,113
Operating Expenses 1,838,130 1,693,345 2,197,143 2,124,675 3,224,159
Operating Income -682,377 -240,841 -922,518 -459,770 -1,440,011
Interest Expense -277,212 -265,417 -12,620 -18,644 -245,872
Interest & Investment Income - 6,329 419,631 51,320 -
Currency Exchange Gain (Loss) 477 477 560 -40,690 -572,084
Other Non Operating Income (Expenses) 515,065 517,222 51 -394,004 -
EBT Excluding Unusual Items -444,047 17,770 -514,896 -861,788 -2,257,967
Gain (Loss) on Sale of Assets - - - - 18,733,846
Asset Writedown - - - - -
Pretax Income -444,047 17,770 -514,896 -861,788 16,475,879
Income Tax Expense 7,159 4,947 -8,453 23,811 283,004
Net Income -451,206 12,823 -506,443 -885,599 16,192,875
Net Income to Common -451,206 12,823 -506,443 -885,599 16,192,875
Shares Basic 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000
Shares Outstanding (Diluted) 40,000,000 40,000,000 40,000,000 40,000,000 40,000,000
Eps Basic -0.01 0.00 -0.01 -0.02 0.40
EPS (Diluted) -0.01 0.00 -0.01 -0.02 0.40
Free Cash Flow - 686,263 300,481 7,249,310 -472,444
Free Cash Flow Per Share - 0.02 0.01 0.18 -0.01
Gross Margin 87.23% 84.08% 69.96% 79.46% 64.46%
Operating Margin -51.50% -13.94% -50.64% -21.94% -52.03%
Profit Margin -34.06% 0.74% -27.80% -42.27% 585.03%
Free Cash Flow Margin - 39.72% 16.49% 345.98% -17.07%
Effective Tax Rate - 0.28 - - 0.02
EBITDA -1,111,027 284,599 21,437 26,169 -1,030,866
D&A For EBITDA -428,650 525,440 943,955 485,939 409,145
EBITDA Margin -83.86% 16.47% 1.18% 1.25% -37.24%
EBIT -682,377 -240,841 -922,518 -459,770 -1,440,011
EBIT Margin -51.50% -13.94% -50.64% -21.94% -52.03%
Legal Settlements - - - - -
Advertising Expenses - 21,264 26,867 16,728 23,948

Ratios and Metrics

Annual Data
Metric TTM 2024 2023 2022 2021
Fiscal Year 2,025 2,024 2,023 2,022 2,021
Fiscal Quarter Q3 Q4 Q4 Q4 Q4
Marketcap 40,800,000 8,240,000 4,720,000 4,160,000 2,800,000
Market Cap Growth 1,175.00% 74.58% 13.46% 48.57% -27.83%
Enterprise Value 34,296,480 2,152,740 -2,701,180 4,336,880 29,147,870
Last Close Ratios 102.00% 20.60% 11.80% 10.40% 7.00%
Pe - 642.60 - - 0.17
PS Ratio 30.79 4.77 2.59 1.99 1.01
PB Ratio 5.88 1.19 0.63 0.52 0.31
P/TBV Ratio 5.88 1.19 0.63 0.52 0.31
P/FCF Ratio - 12.01 15.71 0.57 -
P/OCF Ratio - 12.01 15.71 0.57 -
EV/Sales Ratio 25.89 1.25 - 2.07 10.53
EV/EBITDA Ratio - 7.56 - 165.73 -
EV/FCF Ratio - 3.14 - 0.60 -
Debt / Equity Ratio 0 0.00 0.11 0.05 0.13
Debt / EBITDA Ratio - 0.05 37.23 0.46 -
Debt / FCF Ratio - 0.02 2.66 0.06 -
Asset Turnover 17.80% 21.30% 20.30% 18.10% 12.30%
Inventory Turnover 26,188.20% - - - 400.80%
Quick Ratio 62.24 19.20 7.97 14.38 2.62
Current Ratio 63.67 19.63 8.14 14.64 2.66
Roe -6.57% 0.18% -6.50% -10.43% 1,929.92%
Return on Assets (ROA) -5.73% -1.85% -6.42% -2.49% -4.00%
Return on Capital (ROIC) -6.04% -1.97% -6.87% -3.09% -6.19%
Return on Capital Employed (ROCE) -0.10 -0.04 -0.12 -0.05 -0.15
Earningsyield -1.11% 0.16% -10.73% -21.29% 578.32%
FCF Yield - 8.33% 6.37% 174.26% -16.87%

Price History

Jan 04, 2010 — Jan 26, 2026 1061 Records
Date Open High Low Close Volume
2026-01-26 1.12 1.25 1.08 1.24 12,418
2026-01-25 1.25 1.25 1.12 1.23 11,804
2026-01-24 1.26 1.26 1.11 1.26 1,845
2026-01-22 1.26 1.26 1.11 1.26 1,845
2026-01-21 1.29 1.29 1.10 1.10 502
2026-01-20 1.29 1.29 1.17 1.29 4,905
2026-01-19 1.21 1.30 1.21 1.29 648
2026-01-18 1.30 1.30 1.21 1.21 1,574
2026-01-15 1.27 1.30 1.19 1.30 4,282
2026-01-14 1.27 1.29 1.18 1.29 6,940
2026-01-13 1.30 1.30 1.20 1.29 6,878
2026-01-12 1.25 1.30 1.18 1.20 2,912
2026-01-11 1.25 1.30 1.18 1.20 2,912
2026-01-09 1.13 1.28 1.13 1.26 5,728
2026-01-08 1.13 1.28 1.13 1.26 5,728
2026-01-07 1.29 1.30 1.14 1.14 12,429
2026-01-06 1.25 1.30 1.25 1.25 5,163
2026-01-05 1.25 1.30 1.25 1.25 5,163
2026-01-04 1.25 1.30 1.25 1.25 5,163
2026-01-01 1.39 1.43 1.23 1.30 16,766
2025-12-31 1.39 1.43 1.23 1.30 16,766
2025-12-30 1.39 1.43 1.23 1.30 16,766
2025-12-29 1.39 1.43 1.23 1.30 16,766
2025-12-28 1.10 1.29 1.10 1.29 13,988
2025-12-25 1.16 1.16 1.08 1.13 933
2025-12-24 1.16 1.16 1.08 1.13 933
2025-12-23 1.16 1.16 1.08 1.13 933
2025-12-22 1.16 1.16 1.08 1.13 933
2025-12-21 1.06 1.10 1.06 1.06 820
2025-12-19 1.20 1.20 1.05 1.05 1,069
2025-12-18 1.20 1.20 1.05 1.05 1,069
2025-12-17 1.20 1.21 1.03 1.20 2,524
2025-12-16 1.10 1.37 1.10 1.21 9,577
2025-12-15 1.38 1.38 1.05 1.21 17,202
2025-12-14 1.35 1.40 1.19 1.20 23,889
2025-12-12 1.86 1.86 1.40 1.40 25,018
2025-12-11 1.86 1.86 1.40 1.40 25,018
2025-12-10 1.47 1.64 1.47 1.64 16,629
2025-12-09 1.36 1.49 1.30 1.44 12,954
2025-12-08 1.07 1.33 1.07 1.33 25,732
2025-12-07 1.03 1.17 1.02 1.16 20,455
2025-12-05 1.00 1.02 0.79 1.02 32,033
2025-12-04 1.00 1.02 0.79 1.02 32,033
2025-12-03 0.91 0.91 0.83 0.90 13,115
2025-12-02 0.69 0.79 0.68 0.79 17,668
2025-12-01 0.63 0.69 0.63 0.69 3,373
2025-11-30 0.63 0.63 0.56 0.63 2,678
2025-11-28 0.63 0.63 0.56 0.63 2,678
2025-11-27 0.63 0.63 0.56 0.63 2,678
2025-11-26 0.55 0.55 0.55 0.55 5