Santierul Naval Constanta S.A.

SNC

Santierul Naval Constanta S.A. provides ship building and repairing services to ship owners and managers in Romania and internationally.The company builds ships for bulk carriers; chemical products ta...

Website | Ship And Boat Building And Repairing | 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."

Sentiment: Neutral Action: Hold

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

Declining Revenue (-12.5% CAGR).
Overvalued based on PE (Current: 29.2 vs Fair: 15).
Bullish Trend (SMA50 > SMA200).
Overbought (RSI: 76.9).

Technical Analysis

Trend Bullish (Long Term)
Last Cross
Golden Cross (10 months ago)
RSI (14) 76.9
SMA 50 3.43
SMA 200 3.12

Price Valuation

Current Price 3.42
Fair Value (PE 15) 1.76
Overvalued 49%
Graham Number 2.33
Downside 32%

Forecast

Rev Forecast (Next Yr) 227M
Growth Forecast -28.4%

📊 Market & Peer Context

Benchmark: BET
Volatility (Beta)
0.02
Less Volatile than Market
Correlation
0
Moves with Market
Relative Strength (1Y)
-46.91%
vs Benchmark
Index Returns (1Y)
47.5%
BET

Historical Performance

Metric 5Y 3Y 1Y YTD 6M 3M 1M 1W
SNC - - 20.4% 14.8% 0.6% 0.0% 0.0% 0.0%
BET - 124.9% 47.5% 30.0% 13.9% -6.8% -8.6% 0.2%
Alpha (Diff) - - -27.1% -15.2% -13.3% +6.8% +8.6% -0.2%

Financial Reports

Price Chart

Evoluție Istorică (Fundamente)

Cum au evoluat metricile cheie an de an - ca să vezi dacă SNC crește, stagnează sau se deteriorează, nu doar cum arată azi.

Indicator 2021 2022 2023 2024 2025 2025 TTM Tendință
P/E Ratio ⓘ — 1.52 17.94 — — — ▼ +16.42
ROE ⓘ -7.80% 16.12% 5.83% -47.87% -85.43% -85.43% ▼ -77.63%
Datorie / Capital Propriu ⓘ 0.79 0.19 1.28 3.74 7.36 7.36 ▼ +6.57

Precizie Prognoză (Istoric)

Cât de aproape au fost estimările trecute de creștere/valoare justă față de ce s-a întâmplat de fapt.

Colectăm date din 15.08.2026 - prima comparație va fi posibilă din 2024, când apare raportul anual real pentru acel an.

Sector: Other

Based on Market Cap
LEADER
EVER
Evergent Investments SA
3,061M
ARS
Aerostar S.A.
2,726M
ONE
One United Properties SA
2,475M
AQ
Aquila Part Prod Com S.A.
2,362M
LION
Lion Capital S.A.
2,300M
INFINITY
Infinity Capital Investments S.A.
2,253M
FP
Fondul Proprietatea SA
2,050M
CRC
Chimcomplex S.A.
1,854M
SFG
Sphera Franchise Group S.A.
1,284M
SOCP
SOCEP S.A.
1,247M
GREEN
Green Tech International S.A.
1,064M
ALR
Alro S.A.
992M
WINE
Purcari Wineries Public Company Limited
810M
TTS
TTS (Transport Trade Services) S.A.
707M
AROBS
AROBS Transilvania Software S.A.
675M
COTE
Conpet S.A.
656M
CMVX
Comvex S.A.
635M
BVB
Bursa de Valori Bucuresti SA
597M
IARV
IAR S.A.
581M
DN
Dn Agrar Group S.A.
557M
SMTL
Simtel Team S.A.
459M
FOSB
SC Foraj Sonde SA Craiova
445M
IMP
Impact Developer & Contractor S.A.
429M
OIL
Oil Terminal S.A.
349M
GSH
GRUP SERBAN HOLDING SA
312M
FOJE
S.C. Foraj Sonde S.A.
306M
SIDG
S.C. ArcelorMittal Hunedoara S.A.
305M
SNO
Santierul Naval Orsova S.A.
288M
EFO
Turism, Hoteluri, Restaurante Marea Neagra S.A.
280M
PPLI
Professional Imo Partners S.A.
232M

ETAPA 1 • MUST HAVE

7/8
Healthy Leverage (Debt/Equity) ⓘ
1.28 țintă < 1.5
▲
Gross Margin vs Industry ⓘ
98.7% vs 50.3% țintă > 50.3%
▲
Operating Cash Flow vs Profit ⓘ
589% țintă > 100%
▼
Free Cash Flow vs Profit ⓘ
367% țintă > 80%
▼
ROIC (Return on Capital) ⓘ
2.69% țintă Positive
▲
ROIC vs WACC ⓘ
ROIC: 2.7% / WACC: 2.3% țintă > WACC
▲
ROE (Return on Equity) ⓘ
5.8% țintă > 10%
▲
EBITDA Positive ⓘ
15.88M țintă > 0
▲

ETAPA 2 • CRITERII

3/12
Interest Coverage ⓘ
5.3x țintă > 3x
▲
Passed
Net Margin vs Industry ⓘ
5.2% țintă > 26.8%
▲
Miss
ROA vs Industry ⓘ
2.1% țintă > 4.2%
▲
Miss
Current Ratio ⓘ
1.19 țintă > 1.5
▲
Miss
Assets Growth (5y) ⓘ
0.6% CAGR țintă > 0%
▲
Passed
FCF CAGR (5y) ⓘ
N/A țintă > 5%
▲
N/A
EV/EBITDA vs Industry ⓘ
7.0 vs 21.9 țintă < Industry
▲
Passed
Net Debt / EBITDA ⓘ
10.79 țintă < 3
▲
Miss
Revenue CAGR (5y) ⓘ
-12.5% țintă > 5%
▼
Miss
Quick Ratio ⓘ
0.21 țintă > 1.0
▼
Miss
Payout Ratio (Dividend) ⓘ
N/A țintă < 80%
N/A
EBITDA Margin vs Industry ⓘ
10.9% vs 27.9% țintă > 27.9%
▲
Miss

SNAPSHOT COMPANIE

HOLD 67% încredere
Etapa 1: 88% • Etapa 2: 30%
Semnal algoritmic bazat pe fundamentale, nu recomandare de investiție.
Capitalizare ⓘ
0.22B RON
EBITDA ⓘ
15.88M
P/E Ratio ⓘ
29.22
PEG Ratio ⓘ
0.00
Dividend Yield ⓘ
0.00%
Beta ⓘ
0.02
Valoare Intrinsecă (Graham) vs. Preț Curent ⓘ
Preț Curent 3.42 RON
Valoare Graham 2.33 RON
Supraevaluare 31.8%

financial report

Annual Data
Metric 2025 TTM 2025 2023 2023
Fiscal Year 2,025 2,025 2,024 2,023 2,022
Fiscal Quarter H2 H2 H2 H2 H2
Marketcap 193,693,158 200,192,928 181,993,571 136,495,178 28,689,987
Enterprise Value 419,363,687 450,374,998 181,372,661 110,666,528 -10,285,454
Last Close Ratios 298.00% 308.00% 280.00% 210.00% 44.14%
Pe - - - 17.94 1.52
PS Ratio 0.63 0.65 1.78 0.93 0.09
PB Ratio 5.37 5.55 2.21 1.02 0.23
P/TBV Ratio 5.47 5.65 2.21 1.02 0.23
P/FCF Ratio - - 49.24 4.88 0.78
P/OCF Ratio - - 10.35 3.05 0.76
Evrevenue 1.36 1.46 1.77 0.76 -
EV/EBITDA Ratio - - - 6.97 -
EV/EBIT Ratio - - - 11.28 -
EV/FCF Ratio - - 49.07 3.96 -
Debtequity 7.36 7.36 3.74 1.28 0.19
Debt / EBITDA Ratio - - - 10.79 0.85
Debt / FCF Ratio - - 83.47 6.13 0.66
Net Debt / Equity Ratio 6.93 6.93 3.34 1.08 -0.06
Net Debt / EBITDA Ratio -6.54 -6.54 -6.69 9.11 -0.25
Net Debt / FCF Ratio -9.54 -9.54 74.45 5.18 -0.20
Asset Turnover 81.50% 81.50% 27.10% 50.10% 109.60%
Inventory Turnover 84.60% 84.60% - 1.30% 141.90%
Quick Ratio 0.12 0.12 0.17 0.21 0.48
Current Ratio 0.83 0.83 1.05 1.19 1.41
Roe -85.43% -85.43% -47.87% 5.83% 16.12%
Return on Assets (ROA) -7.62% -7.62% -8.03% 2.11% 4.88%
Return on Invested Capital (ROIC) -14.37% -16.17% -15.23% 4.25% 16.74%
Return on Capital Employed (ROCE) -0.60 -0.60 -0.40 0.07 0.16
Earningsyield -26.15% -25.30% -28.52% 5.57% 65.90%
FCF Yield -13.54% -13.10% 2.03% 20.47% 127.68%
Buyback Yield / Dilution - - - - 0.00%

Balance Sheet

Annual Data
Metric TTM 2023 2023 2021 2020
Fiscal Year 2,024 2,023 2,022 2,021 2,020
Fiscal Quarter H1 H2 H2 H2 H2
Cash & Equivalents 11,327,846 26,636,939 31,227,169 42,351,950 27,975,772
Totalcash 11,327,846 26,636,939 31,227,169 42,351,950 27,975,772
Cash Growth -62.74% -14.70% -26.27% 51.39% 24.94%
Accounts Receivable 15,097,352 6,640,074 19,741,258 8,411,031 14,501,937
Other Receivables - 6,156,774 3,843,131 2,683,641 4,825,848
Receivables 15,097,352 12,796,848 23,584,389 11,094,672 19,327,785
Inventory 263,385,832 186,942,592 103,419,806 172,249,614 123,206,761
Prepaid Expenses 532,910 621,327 429,081 - -
Other Current Assets - 2,267,406 2,055,118 5,006,000 4,256,563
Assetsc 290,343,940 229,265,112 160,715,563 230,702,236 174,766,881
Property, Plant & Equipment 103,561,042 101,634,346 91,018,984 95,734,791 98,622,205
Long-Term Investments - 100,000 100,000 - -
Other Intangible Assets 113,205 2,311 3,697 - 141,325
Other Long-Term Assets 114,004 3,135 32,143 602,460 388,977
Assets 394,132,191 331,018,908 251,883,785 327,039,487 273,919,388
Accounts Payable - 15,237,954 14,645,094 14,759,956 18,369,940
Accrued Expenses - - - - -
Short-Term Debt - 169,097,566 24,092,455 85,060,739 55,105,152
Current Portion of Leases - - - - -
Current Income Taxes Payable - - - - -
Current Unearned Revenue - 90,995 54,702,006 98,961,264 70,991,970
Other Current Liabilities 255,391,355 7,672,534 20,741,234 9,373,870 7,275,614
Total Current Liabilities 255,391,355 192,099,049 114,180,789 208,155,829 151,742,676
Long-Term Debt 10,706,934 2,247,900 - - -
Long-Term Leases - - - - -
Long-Term Unearned Revenue - - - - -
Other Long-Term Liabilities 2,288,811 1,265,646 9,904,299 10,007,046 4,545,180
Total Liabilities 268,387,100 196,635,760 125,108,253 219,186,040 157,311,021
Common Stock 162,494,260 162,494,260 162,494,260 162,494,260 162,494,260
Retained Earnings -84,748,596 -70,235,190 -77,312,626 -97,525,301 -90,148,865
Comprehensive Income & Other 47,999,427 42,124,078 41,593,898 42,884,488 44,262,972
Equity 125,745,091 134,383,148 126,775,532 107,853,447 116,608,367
Total Liabilities & Equity 394,132,191 331,018,908 251,883,785 327,039,487 273,919,388
Filing Date Shares Outstanding 64,997,745 64,997,745 64,997,745 64,997,745 64,997,704
Total Common Shares Outstanding 64,997,745 64,997,745 64,997,745 64,997,704 64,997,704
Book Value Per Share 1.93 2.07 1.95 1.66 1.79
Tangible Book Value 125,631,886 134,380,837 126,771,835 107,853,447 116,467,042
Tangible Book Value Per Share 1.93 2.07 1.95 1.66 1.79
Total Debt 10,706,934 171,345,466 24,092,455 85,060,739 55,105,152
Net Cash (Debt) 620,912 -144,708,527 7,134,714 -42,708,789 -27,129,380
Net Cash Growth -97.60% - - - -
Netcashpershare 0.01 -2.23 0.11 -0.66 -0.42
Working Capital 34,952,585 37,166,063 46,534,774 22,546,407 23,024,205
Land - 32,480,505 32,480,505 32,480,505 32,480,505
Buildings - 48,544,514 48,396,548 48,268,269 48,268,269
Machinery - 99,311,437 89,984,164 85,516,346 85,240,621
Construction In Progress - 2,093,552 299,948 4,401,737 1,953,901
Pension & Post-Retirement Benefits - 1,023,165 1,023,165 1,023,165 1,023,165

Cash Flow Statement

Annual Data
Metric TTM 2023 2023 2021 2020
Fiscal Year 2,024 2,023 2,022 2,021 2,020
Fiscal Quarter H1 H2 H2 H2 H2
Net Income - 7,607,617 18,905,976 -8,754,920 2,383,923
Depreciation & Amortization - 6,062,122 5,636,234 6,171,345 6,839,124
Loss (Gain) From Sale of Assets - 185,418 64,289 - -635
Provision & Write-off of Bad Debts - 1,480,053 813,140 - -
Change in Accounts Receivable - 8,905,581 -10,323,872 7,310,226 447,390
Change in Inventory - -94,919,575 93,460,515 -83,519,371 53,487,422
Change in Accounts Payable - 104,024,634 -46,560,808 22,404,287 -40,173,080
Change in Other Net Operating Assets - - - - -
Other Operating Activities - 11,433,338 -24,375,585 35,550,863 -7,427,641
Ncfo - 44,779,188 37,619,889 -20,837,570 15,556,503
Ocf Growth - 19.03% - - -
Capex - -16,832,510 -988,676 -3,182,888 -983,448
Other Investing Activities - 564,166 26,817 36 100
Ncfi - -16,268,344 -961,859 -3,182,852 -983,348
Short-Term Debt Issued - - 740,019 38,369,913 -
Long-Term Debt Issued - - - 26,687 -
Total Debt Issued - - 740,019 38,396,600 -
Short-Term Debt Repaid - -33,101,075 -48,522,830 - -8,431,826
Long-Term Debt Repaid - - - - -557,483
Total Debt Repaid - -33,101,075 -48,522,830 - -8,989,309
Net Debt Issued (Repaid) - -33,101,075 -47,782,811 38,396,600 -8,989,309
Financing Cash Flow - -33,101,075 -47,782,811 38,396,600 -8,989,309
Net Cash Flow - -4,590,230 -11,124,781 14,376,178 5,583,847
Free Cash Flow - 27,946,678 36,631,213 -24,020,458 14,573,055
Free Cash Flow Growth - -23.71% - - -
Fcf Margin - 19.13% 11.55% -11.58% 6.42%
Fcfps - 0.43 0.56 -0.37 0.22
Levered Free Cash Flow - -146,023,036 43,821,135 -19,432,052 3,315,369
Unlevered Free Cash Flow - -144,862,760 44,635,967 -14,582,829 8,331,707
Cash Interest Paid - 1,856,441 1,021,791 479,197 1,076,057
Cash Income Tax Paid - 1,836,191 - - -
Change Working Capital - 18,010,640 36,575,835 -53,804,858 13,761,732
Sale of Property, Plant & Equipment - - - - -
Miscellaneous Cash Flow Adjustments - 1 - - 1

Income Statement

Annual Data
Metric TTM 2023 2023 2021 2020
Fiscal Year 2,024 2,023 2,022 2,021 2,020
Fiscal Quarter H1 H2 H2 H2 H2
Revenue 114,023,833 146,096,536 317,289,195 207,386,116 227,121,711
Revenue Growth -34.00% -53.96% 52.99% -8.69% -8.89%
Cost of Revenue -17,362,612 1,856,922 195,608,262 69,367,382 101,807,631
Gp 131,386,445 144,239,614 121,680,933 138,018,734 125,314,080
Selling, General & Admin 79,808,631 72,987,253 67,270,320 59,468,236 66,637,317
Other Operating Expenses 56,719,944 55,375,427 26,161,143 76,330,632 64,750,935
Operating Expenses 143,571,801 134,424,802 99,067,697 141,970,214 129,035,832
Operating Income -12,185,356 9,814,812 22,613,236 -3,951,480 -3,721,752
Interest Expense -1,196,040 -1,856,441 -1,303,730 -7,758,757 -8,026,141
Interest & Investment Income 601,670 564,166 26,817 3,489,387 14,131,816
Other Non Operating Income (Expenses) -226,546 292,470 -2,430,347 - -
EBT Excluding Unusual Items -13,006,272 8,815,007 18,905,976 -8,220,850 2,383,923
Asset Writedown - - - - -
Pretax Income -13,006,272 8,815,007 18,905,976 -8,220,850 2,383,923
Income Tax Expense 1,207,390 1,207,390 - 534,070 -
Net Income -14,213,662 7,607,617 18,905,976 -8,754,920 2,383,923
Net Income to Common -14,213,662 7,607,617 18,905,976 -8,754,920 2,383,923
Net Income Growth - -59.76% - - -
Shares Basic 64,997,745 64,997,745 64,997,745 64,997,704 64,997,704
Shares Outstanding (Diluted) 64,997,745 64,997,745 64,997,745 64,997,704 64,997,704
Shares Yo Y - - 0 - -
Eps Basic -0.22 0.12 0.29 -0.13 0.04
EPS (Diluted) -0.22 0.12 0.29 -0.13 0.04
EPS Growth - -59.76% - - -
Free Cash Flow - 27,946,678 36,631,213 -24,020,458 14,573,055
Free Cash Flow Per Share - 0.43 0.56 -0.37 0.22
Gross Margin 115.23% 98.73% 38.35% 66.55% 55.18%
Operating Margin -10.69% 6.72% 7.13% -1.91% -1.64%
Profit Margin -12.47% 5.21% 5.96% -4.22% 1.05%
Free Cash Flow Margin - 19.13% 11.55% -11.58% 6.42%
Effective Tax Rate - 0.14 - - -
EBITDA -5,910,290 15,876,934 28,249,470 2,219,865 3,117,372
D&A For EBITDA 6,275,066 6,062,122 5,636,234 6,171,345 6,839,124
EBITDA Margin -5.18% 10.87% 8.90% 1.07% 1.37%
EBIT -12,185,356 9,814,812 22,613,236 -3,951,480 -3,721,752
EBIT Margin -10.69% 6.72% 7.13% -1.91% -1.64%
Revenue as Reported 236,218,503 249,950,735 180,699,603 - -
Advertising Expenses - 320,295 235,773 164,866 132,497

Ratios and Metrics

Annual Data
Metric TTM 2023 2023 2021 2020
Fiscal Year 2,024 2,023 2,022 2,021 2,020
Fiscal Quarter H1 H2 H2 H2 H2
Marketcap 197,593,020 136,495,178 28,689,987 28,689,987 28,689,987
Market Cap Growth -30.91% 375.76% - - -
Enterprise Value 423,263,550 110,666,528 -8,129,754 18,940,166 14,453,476
Last Close Ratios 304.00% 210.00% 44.14% 44.14% 44.14%
Pe - 17.94 1.52 - 12.04
PS Ratio 1.73 0.93 0.09 0.14 0.13
PB Ratio 1.57 1.02 0.23 0.27 0.25
P/TBV Ratio 1.57 1.02 0.23 0.27 0.25
P/FCF Ratio - 4.88 0.78 - 1.97
P/OCF Ratio - 3.05 0.76 - 1.84
EV/Sales Ratio 3.71 0.76 - 0.09 0.06
EV/EBITDA Ratio - 6.97 - 8.53 4.64
EV/EBIT Ratio - 11.28 - - -
EV/FCF Ratio - 3.96 - - 0.99
Debt / Equity Ratio 0.09 1.28 0.19 0.79 0.47
Debt / EBITDA Ratio - 10.79 0.85 38.32 17.68
Debt / FCF Ratio - 6.13 0.66 - 3.78
Asset Turnover 33.20% 50.10% 109.60% 69.00% 76.10%
Inventory Turnover - 1.30% 141.90% 47.00% 68.30%
Quick Ratio 0.10 0.21 0.48 0.26 0.31
Current Ratio 1.14 1.19 1.41 1.11 1.15
Roe -10.70% 5.83% 16.12% -7.80% 2.10%
Return on Assets (ROA) -2.22% 2.11% 4.88% -0.82% -0.78%
Return on Capital (ROIC) -5.42% 2.69% 8.22% -1.36% -1.34%
Return on Capital Employed (ROCE) -0.09 0.07 0.16 -0.03 -0.03
Earningsyield -7.19% 5.57% 65.90% -30.52% 8.31%
FCF Yield - 20.47% 127.68% -83.72% 50.80%
Buyback Yield / Dilution - - 0.00% - -

Price History

Oct 27, 2023 — Jun 03, 2026 397 Records
Date Open High Low Close Volume
2026-06-03 3.10 3.42 3.10 3.42 146
2026-06-02 3.12 3.38 3.10 3.36 417
2026-05-27 3.16 3.42 3.16 3.42 66
2026-05-26 3.42 3.42 3.42 3.42 250
2026-05-25 3.16 3.42 3.10 3.42 1,072
2026-05-21 3.48 3.48 3.48 3.48 5
2026-05-20 3.50 3.50 3.50 3.50 5
2026-05-19 3.12 3.50 3.12 3.50 669
2026-05-18 3.40 3.44 3.40 3.44 157
2026-05-15 3.16 3.42 3.16 3.40 418
2026-05-14 3.12 3.38 3.10 3.38 2,555
2026-05-13 3.40 3.42 3.40 3.42 228
2026-05-12 3.38 3.40 3.38 3.40 25
2026-05-11 3.10 3.38 3.10 3.38 401
2026-05-08 3.00 3.10 3.00 3.00 2,016
2026-05-07 3.12 3.12 3.00 3.00 522
2026-05-06 3.12 3.12 3.12 3.12 354
2026-05-05 3.12 3.12 3.00 3.00 4,214
2026-05-04 3.12 3.12 3.04 3.04 1,292
2026-04-30 3.10 3.12 3.10 3.12 763
2026-04-28 3.12 3.12 3.00 3.00 780
2026-04-27 3.14 3.14 2.70 3.10 9,247
2026-04-24 3.56 3.56 3.56 3.56 50
2026-04-17 3.50 3.50 3.50 3.50 80
2026-04-15 3.56 3.56 3.56 3.56 6
2026-04-09 3.56 3.56 3.56 3.56 6
2026-04-07 3.56 3.56 3.56 3.56 30
2026-04-06 3.56 3.56 3.56 3.56 11
2026-04-03 3.50 3.50 3.40 3.40 190
2026-04-01 3.60 3.60 3.60 3.60 25
2026-03-30 3.34 3.34 3.00 3.32 322
2026-03-23 3.32 3.32 3.12 3.12 500
2026-03-20 3.72 3.72 3.32 3.32 501
2026-03-17 3.22 3.22 3.22 3.22 2
2026-03-12 3.62 3.62 3.62 3.62 104
2026-03-05 3.66 3.70 3.66 3.70 398
2026-03-04 3.64 3.64 3.64 3.64 774
2026-03-02 3.64 3.64 3.64 3.64 571
2026-02-27 3.66 3.66 3.14 3.14 8
2026-02-26 3.26 3.26 3.26 3.26 6
2026-02-24 3.40 3.66 3.26 3.66 189
2026-02-23 3.64 3.64 3.64 3.64 40
2026-02-20 3.64 3.64 3.64 3.64 150
2026-02-13 3.64 3.64 3.64 3.64 267
2026-02-10 3.68 3.68 3.66 3.66 110
2026-02-09 3.68 3.68 3.68 3.68 10
2026-02-06 3.68 3.70 3.68 3.70 64
2026-02-05 3.66 3.72 3.66 3.72 564
2026-02-04 3.70 3.70 3.66 3.66 230
2026-02-03 3.36 3.72 3.36 3.72 691