Comelf S.A.

CMF

Comelf S.A. manufactures and sells engines and turbines in Romania and internationally.It operates through Stainless Steel Products Factory; Earthmoving Machinery and Equipment, Filters and Electrofil...

Website | Industrial and Commercial Fans and Blowers and Air Purification Equipment | Other

Automated Financial Analysis

🤵

Financial Advisor Insight

"The stock appears significantly undervalued compared to its earnings potential. Technicals confirm a positive long-term trend, supported by moving averages. Growth forecasts are robust, which could drive future appreciation."

Sentiment: Neutral Action: Buy

"Company demonstrates strong financial health with positive growth and stability indicators."

Undervalued based on PE (Current: 10.8 vs Fair: 15).
Significantly Undervalued (Trading 33% below Graham Number).
Bullish Trend (SMA50 > SMA200).
Oversold (RSI: 23.5).
Stochastic indicates oversold conditions.
Forecast: Continued Revenue Growth (~19.3% next year).

Technical Analysis

Trend Bullish (Long Term)
Last Cross
Golden Cross (5 months ago)
RSI (14) 23.5
SMA 50 4.46
SMA 200 4.41

Price Valuation

Current Price 4.30
Fair Value (PE 15) 6.00
Undervalued 40%
Graham Number 5.70
Upside 33%

Forecast

Rev Forecast (Next Yr) 198M
Growth Forecast 19.3%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
0.25
Less Volatile than Market
Correlation
0.05
Moves with Market
Relative Strength (1Y)
-78.24%
vs Benchmark
Index Returns (1Y)
58.4%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
CMF 136.3% 87.0% -2.3% 3.9% -0.9% 0.0% 0.0% 0.0%
BET - 144.7% 58.4% 21.9% 25.9% 8.6% 1.5% -0.3%
Alpha (Diff) - -57.8% -60.6% -18.1% -26.8% -8.6% -1.5% +0.3%

Financial Reports

Price Chart

Sector: Other

Based on Market Cap
LEADER
SCD
Zentiva S.A.
3,151M
ONE
One United Properties SA
2,964M
EVER
Evergent Investments SA
2,701M
CRC
Chimcomplex S.A.
2,531M
LION
Lion Capital S.A.
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.
342M
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

6/8
Healthy Leverage (Debt/Equity)
0.42
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
399%
Target: > 0.8
ROIC (Return on Capital)
5.64%
Target: Positive
ROIC vs WACC
ROIC: 5.6% / WACC: 1,195,152.2%
Target: > WACC
ROE (Return on Equity)
11.0%
Target: > 10%
EBITDA Positive
18.81M
Target: > 0

ETAPA 2 • CRITERII

6/9
Interest Coverage
Target: > 3x • 0.0x
Miss
Net Margin vs Industry
Target: > 0.0% • 5.4%
Passed
ROA vs Industry
Target: > 3.6% • 4.1%
Passed
Current Ratio
Target: > 1.5 • 1.23
Miss
Assets Growth (5y)
Target: > 0% • 2.6% CAGR
Passed
FCF CAGR (5y)
Target: > 5% • 35.0%
Passed
EV/EBITDA vs Industry
Target: < Industry • 0.0 vs 0.0
Miss
Net Debt / EBITDA
Target: < 3 • 1.83
Passed
Revenue CAGR (5y)
Target: > 5% • 9.7%
Passed

SNAPSHOT COMPANIE

Capitalizare
0.10B RON
EBITDA
18.81M
P/E Ratio
10.75
PEG Ratio
1.11
Dividend Yield
6.13%
Beta
0.25
Valoare Intrinsecă (Graham)
5.70 RON
Discount
+32.6%

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 7,703,745 20,722,722 7,623,636 14,319,879 7,563,505
Totalcash 7,703,745 20,722,722 7,623,636 14,319,879 7,563,505
Cash Growth -40.82% 171.82% -46.76% 89.33% -30.23%
Accounts Receivable 51,975,786 34,275,747 49,155,099 36,697,700 55,557,013
Other Receivables - 5,120,471 12,550,361 3,736,661 3,860,334
Receivables 51,975,786 39,396,218 61,705,460 40,434,361 59,417,347
Inventory 25,753,108 20,576,149 21,474,210 35,018,938 11,682,634
Other Current Assets 989,112 953,437 1,131,851 1,596,742 721,634
Assetsc 86,421,751 81,648,526 91,935,157 91,369,920 79,385,120
Property, Plant & Equipment 72,898,551 75,542,346 75,025,009 76,033,258 76,420,859
Long-Term Investments - - - - -
Other Intangible Assets 817,568 339,226 263,726 455,394 464,585
Long-Term Deferred Charges 139,665 60,281 60,281 59,864 34,863
Other Long-Term Assets 220,000 220,000 - - -
Assets 160,497,535 157,810,379 167,284,173 167,918,436 156,305,427
Accounts Payable 34,852,139 22,267,289 24,359,654 26,881,082 23,790,980
Accrued Expenses 208,855 6,423,537 8,746,752 6,823,674 4,860,407
Short-Term Debt 34,529,720 34,349,316 37,027,219 36,754,942 34,324,288
Current Portion of Long-Term Debt - - - - -
Current Portion of Leases - 66,665 203,782 226,045 235,702
Current Income Taxes Payable - - - - -
Current Unearned Revenue 1,483,983 1,538,968 1,296,240 1,228,060 1,711,193
Other Current Liabilities 373,521 1,757,568 2,340,293 1,405,760 1,584,471
Total Current Liabilities 71,612,405 66,567,530 74,253,541 73,599,164 66,842,969
Long-Term Debt - - - 3,957,920 -
Long-Term Leases - - 66,771 267,805 493,544
Long-Term Unearned Revenue 3,967,719 4,667,387 5,711,499 6,195,712 4,661,145
Long-Term Deferred Tax Liabilities 4,980,154 5,229,881 5,211,782 5,491,383 8,762,025
Other Long-Term Liabilities 208,855 - - - -
Total Liabilities 80,769,133 76,673,653 85,492,789 89,673,914 80,864,769
Common Stock 13,036,325 13,036,325 13,036,325 13,036,325 13,036,325
Retained Earnings 8,138,647 9,596,768 13,125,785 8,111,016 6,886,612
Comprehensive Income & Other 58,553,430 58,503,633 55,629,274 57,097,181 55,517,721
Equity 79,728,402 81,136,726 81,791,384 78,244,522 75,440,658
Total Liabilities & Equity 160,497,535 157,810,379 167,284,173 167,918,436 156,305,427
Filing Date Shares Outstanding 22,476,423 22,476,423 22,476,423 22,476,423 22,476,423
Total Common Shares Outstanding 22,476,423 22,476,423 22,476,423 22,476,423 22,476,423
Book Value Per Share 3.55 3.61 3.64 3.48 3.36
Tangible Book Value 78,910,834 80,797,500 81,527,658 77,789,128 74,976,073
Tangible Book Value Per Share 3.51 3.59 3.63 3.46 3.34
Total Debt 34,529,720 34,415,981 37,297,772 41,206,712 35,053,534
Net Cash (Debt) -26,825,975 -13,693,259 -29,674,136 -26,886,833 -27,490,029
Netcashpershare -1.19 -0.61 -1.32 -1.20 -1.22
Working Capital 14,809,346 15,080,996 17,681,616 17,770,756 12,542,151
Treasury Stock - - - - -
Land - 21,247,075 21,247,075 21,247,075 21,247,075
Buildings - 42,658,968 42,361,645 40,789,917 40,590,779
Machinery - 100,302,010 94,042,495 95,908,847 95,023,060
Construction In Progress - 10,151,575 8,240,266 6,405,825 417,237
Pension & Post-Retirement Benefits - 208,855 249,196 161,930 105,086

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 6,271,052 8,990,433 9,328,420 4,142,212 4,285,589
Depreciation & Amortization 9,185,451 8,233,713 7,601,133 7,652,753 7,527,361
Loss (Gain) From Sale of Assets - - - - -
Loss (Gain) From Sale of Investments - - - - -
Provision & Write-off of Bad Debts - - - - -
Change in Accounts Receivable 32,985,658 14,879,352 -12,192,587 19,355,668 -12,965,986
Change in Inventory 9,454,861 898,061 13,544,728 -23,336,304 -4,334,363
Change in Accounts Payable 5,185,456 -2,092,365 -2,521,428 3,090,102 11,578,744
Change in Unearned Revenue 1,122,570 14,812 -40,728 -47,591 -45,902
Change in Other Net Operating Assets 13,663,515 4,975,006 -6,126,188 -2,278,044 -3,985,677
Other Operating Activities -71,007,168 - -7,486 - -
Ncfo 6,861,395 35,899,012 9,585,864 8,578,796 2,059,766
Ocf Growth -76.14% 274.50% 11.74% 316.49% -80.95%
Capex - - - - -
Sale (Purchase) of Intangibles - - - - -
Investment in Securities - - - -7,790,950 -3,964,128
Other Investing Activities -2,191,872 - - - -
Ncfi -2,191,872 - - -7,790,950 -3,964,128
Short-Term Debt Issued - - - 2,419,389 1,627,258
Long-Term Debt Issued - 367,334 - 3,957,920 -
Total Debt Issued 2,200,319 367,334 - 6,377,309 1,627,258
Short-Term Debt Repaid - -2,988,160 -2,783,480 - -
Long-Term Debt Repaid - - -975,534 -125,031 -628,606
Total Debt Repaid -348,571 -2,988,160 -3,759,014 -125,031 -628,606
Net Debt Issued (Repaid) 1,851,748 -2,620,826 -3,759,014 6,252,278 998,652
Repurchase of Common Stock - - - - -
Other Financing Activities -7,327,112 -11,287,658 -6,083,381 -283,750 -2,371,005
Financing Cash Flow -5,475,364 -13,908,484 -9,842,395 5,968,528 -1,372,353
Net Cash Flow -5,313,538 13,099,086 -6,696,243 6,756,374 -3,276,715
Free Cash Flow 6,861,395 35,899,012 9,585,864 8,578,796 2,059,766
Free Cash Flow Growth -76.14% 274.50% 11.74% 316.49% -80.95%
Fcf Margin 4.26% 21.58% 5.25% 5.05% 1.48%
Fcfps 0.31 1.60 0.43 0.38 0.09
Levered Free Cash Flow 5,482,923 32,251,231 7,082,777 9,276,273 -1,385,866
Unlevered Free Cash Flow 6,287,030 33,359,893 8,049,116 9,617,021 -1,185,448
Cash Interest Paid - - - - -
Cash Income Tax Paid - - - - -
Foreign Exchange Rate Adjustments - - - - -
Change Working Capital 62,412,060 18,674,866 -7,336,203 -3,216,169 -9,753,184
Miscellaneous Cash Flow Adjustments -4,507,697 -8,891,442 -6,439,712 - -

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 160,964,148 166,329,502 182,583,174 169,854,207 139,233,781
Revenue Growth -5.36% -8.90% 7.49% 21.99% 21.30%
Operating Revenue 149,980,943 157,269,893 171,976,747 157,535,904 130,563,948
Other Revenue 10,983,205 9,059,609 10,606,427 12,318,303 8,669,833
Cost of Revenue 68,610,730 72,213,465 89,738,535 94,272,232 72,853,739
Gp 92,353,418 94,116,037 92,844,639 75,581,975 66,380,042
Selling, General & Admin 63,750,418 64,385,217 62,194,774 54,003,902 48,448,087
Other Operating Expenses 11,647,664 10,918,780 11,360,572 9,353,327 7,243,919
Operating Expenses 84,583,533 83,537,710 81,156,479 71,009,982 63,219,367
Operating Income 7,769,885 10,578,327 11,688,160 4,571,993 3,160,675
Interest Expense -1,286,571 -1,773,860 -1,546,142 -545,196 -320,668
Interest & Investment Income 467 20,292 46,200 133 23,085
Currency Exchange Gain (Loss) -437,689 -570,664 -696,326 -565,102 -918,038
Other Non Operating Income (Expenses) 439,974 1,246,373 1,130,271 1,137,010 2,366,977
EBT Excluding Unusual Items 6,486,066 9,500,468 10,622,163 4,598,838 4,312,031
Gain (Loss) on Sale of Assets 45,176 268,509 14,346 5,148 370,588
Other Unusual Items - - - - -
Pretax Income 6,531,242 9,768,977 10,636,509 4,603,986 4,682,619
Income Tax Expense 260,190 778,544 1,308,089 461,774 397,030
Net Income 6,271,052 8,990,433 9,328,420 4,142,212 4,285,589
Net Income to Common 6,271,052 8,990,433 9,328,420 4,142,212 4,285,589
Net Income Growth -31.78% -3.62% 125.20% -3.35% 58.56%
Shares Basic 22,476,423 22,476,423 22,476,423 22,476,423 22,476,423
Shares Outstanding (Diluted) 22,476,423 22,476,423 22,476,423 22,476,423 22,476,423
Shares Yo Y - - - - -
Eps Basic 0.28 0.40 0.42 0.18 0.19
EPS (Diluted) 0.28 0.40 0.42 0.18 0.19
EPS Growth -31.78% -3.62% 130.57% -5.26% 58.33%
Free Cash Flow 6,861,395 35,899,012 9,585,864 8,578,796 2,059,766
Free Cash Flow Per Share 0.31 1.60 0.43 0.38 0.09
Dps 0.36 0.25 0.42 0.18 0.07
Dividend Growth 71.50% -40.00% 125.18% 176.31% -
Gross Margin 57.38% 56.58% 50.85% 44.50% 47.68%
Operating Margin 4.83% 6.36% 6.40% 2.69% 2.27%
Profit Margin 3.90% 5.41% 5.11% 2.44% 3.08%
Free Cash Flow Margin 4.26% 21.58% 5.25% 5.05% 1.48%
Effective Tax Rate 0.04 0.08 0.12 0.10 0.08
EBITDA 16,955,336 18,812,040 19,289,293 12,224,746 10,688,036
D&A For EBITDA 9,185,451 8,233,713 7,601,133 7,652,753 7,527,361
EBITDA Margin 10.53% 11.31% 10.57% 7.20% 7.68%
EBIT 7,769,885 10,578,327 11,688,160 4,571,993 3,160,675
EBIT Margin 4.83% 6.36% 6.40% 2.69% 2.27%
Revenue as Reported - - - - 139,233,781

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 98,446,733 101,143,904 164,077,888 37,086,098 40,457,561
Market Cap Growth -12.40% -38.36% 342.42% -8.33% 2.86%
Enterprise Value 125,272,712 122,209,393 193,263,367 71,911,567 67,961,821
Last Close Ratios 438.00% 406.22% 638.47% 129.04% 134.59%
Pe 15.70 11.25 17.59 8.95 9.44
PS Ratio 0.61 0.61 0.90 0.22 0.29
PB Ratio 1.23 1.25 2.01 0.47 0.54
P/TBV Ratio 1.25 1.25 2.01 0.48 0.54
P/FCF Ratio - 2.82 17.12 4.32 19.64
P/OCF Ratio 14.35 2.82 17.12 4.32 19.64
EV/Sales Ratio 0.78 0.74 1.06 0.42 0.49
EV/EBITDA Ratio 7.39 6.50 10.02 5.88 6.36
EV/EBIT Ratio 16.12 11.55 16.54 15.73 21.50
EV/FCF Ratio - 3.40 20.16 8.38 33.00
Debt / Equity Ratio 0.43 0.42 0.46 0.53 0.47
Debt / EBITDA Ratio 2.04 1.83 1.93 3.37 3.28
Debt / FCF Ratio 5.03 0.96 3.89 4.80 17.02
Asset Turnover 101.90% 102.30% 108.90% 104.80% 93.20%
Inventory Turnover 313.00% 343.50% 317.70% 403.70% 765.60%
Quick Ratio 0.83 0.90 0.93 0.74 1.00
Current Ratio 1.21 1.23 1.24 1.24 1.19
Roe 7.89% 11.04% 11.66% 5.39% 5.78%
Return on Assets (ROA) 3.07% 4.07% 4.36% 1.76% 1.32%
Return on Capital (ROIC) 4.27% 5.64% 6.13% 2.49% 1.82%
Return on Capital Employed (ROCE) 0.09 0.12 0.13 0.05 0.04
Earningsyield 6.37% 8.89% 5.69% 11.17% 10.59%
FCF Yield - 35.49% 5.84% 23.13% 5.09%
Dividend Yield 4.84% 6.13% 6.50% 14.28% 4.96%
Buyback Yield / Dilution - - - - -
Totalreturn 4.84% 6.13% 6.50% 14.28% 4.96%

Price History

Jan 05, 2010 — Jan 26, 2026 1371 Records
Date Open High Low Close Volume
2026-01-26 4.30 4.30 4.30 4.30 152
2026-01-25 4.58 4.58 4.58 4.58 86
2026-01-22 4.50 4.50 4.50 4.50 3
2026-01-21 4.50 4.50 4.50 4.50 3
2026-01-18 4.50 4.50 4.50 4.50 130
2026-01-15 4.50 4.58 4.50 4.58 601
2026-01-14 4.50 4.50 4.50 4.50 211
2026-01-13 4.50 4.50 4.50 4.50 333
2026-01-12 4.50 4.50 4.50 4.50 75
2026-01-11 4.50 4.50 4.50 4.50 75
2026-01-09 4.66 4.66 4.50 4.50 427
2026-01-08 4.66 4.66 4.50 4.50 427
2026-01-07 4.66 4.66 4.66 4.66 501
2026-01-06 4.66 4.66 4.66 4.66 262
2026-01-05 4.66 4.66 4.66 4.66 262
2026-01-04 4.66 4.66 4.66 4.66 262
2026-01-01 4.14 4.70 4.14 4.14 302
2025-12-31 4.14 4.70 4.14 4.14 302
2025-12-30 4.14 4.70 4.14 4.14 302
2025-12-29 4.14 4.70 4.14 4.14 302
2025-12-22 4.50 4.50 4.50 4.50 23
2025-12-21 4.50 4.50 4.50 4.50 23
2025-12-19 4.40 4.50 4.40 4.50 613
2025-12-18 4.40 4.50 4.40 4.50 613
2025-12-17 4.40 4.40 4.40 4.40 145
2025-12-16 4.40 4.40 4.40 4.40 145
2025-12-15 4.42 4.42 4.42 4.42 390
2025-12-14 4.42 4.42 4.42 4.42 390
2025-12-11 4.42 4.42 4.32 4.42 1,330
2025-12-10 4.42 4.42 4.32 4.42 1,330
2025-12-09 4.32 4.32 4.32 4.32 75
2025-12-08 4.42 4.42 4.34 4.34 18
2025-12-07 4.32 4.36 4.32 4.36 520
2025-11-26 4.14 4.38 4.14 4.38 42
2025-11-25 4.14 4.38 4.14 4.38 42
2025-11-24 4.24 4.24 4.22 4.22 384
2025-11-20 4.24 4.24 4.24 4.24 119
2025-11-19 4.30 4.48 4.22 4.24 198
2025-11-18 4.50 4.50 4.50 4.50 100
2025-11-17 4.50 4.50 4.50 4.50 100
2025-11-14 4.54 4.54 4.54 4.54 2
2025-11-13 4.30 4.30 4.30 4.30 200
2025-11-12 4.62 4.62 4.30 4.60 2,337
2025-11-07 4.60 4.60 4.60 4.60 300
2025-11-06 4.74 4.74 4.74 4.74 1
2025-11-04 4.74 4.74 4.26 4.26 35
2025-10-31 4.66 4.66 4.66 4.66 76
2025-10-28 4.56 4.70 4.56 4.70 1,119
2025-10-27 4.90 4.90 4.30 4.30 4,447
2025-10-24 4.64 5.05 4.64 5.05 488