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olivLaw · European equity research

INTROL Spółka Akcyjna INL.WA

Poland · GPW Warszawa · ISIN PLINTRL00013 · Vertical: Listed companies from Poland

8.62PLN−0.69% · 1 dayClose 06 Nov 2026

At the close of 06 Nov 2026, INTROL Spółka Akcyjna (INL.WA) stock was 8.62 PLN (−0.69% on the day), with market capitalisation 222.0 m PLN, P/E 6.6 on diluted EPS of 1.30 PLN over the last 12 months, dividend yield 6.26%, beta 0.15, 52-week range 6.66–9.06 PLN.

Data as of · Source: ESEF annual reports and closing prices, computed by olivLaw.

Market cap
222.0 m PLN
shares as of 31 Dec 2023
P/E (TTM)
6.6
Diluted EPS TTM 1.30 · TTM to 31 Dec 2023
E/P (TTM)
15.08%
TTM to 31 Dec 2023
Dividend yield
6.26%
DPS 12m 0.54
Beta (2y)
0.15
Volatility (1y) 26%
52-week range
6.669.06

Price history

Loading chart…

Technical reading

RSI (14)
52.6
neutral
Bollinger (20, 2)
8.27 – 8.90
in the upper half of the band · %B 0.56 · band width 7.3%
SMA 50 / 200
8.49 / 8.00
uptrend (price > SMA50 > SMA200)
MACD (12, 26, 9)
0.03 / 0.05
MACD below signal

Indicators describe past prices; on their own they do not predict direction. On our history the RSI ≤ 40 filter added no return (see the signals methodology).

Performance

CompanyEURO STOXX 50vs EURO STOXX 50Vertical median
1 month+4.4%−0.6%+5.0 pp—
3 months+10.8%−4.2%+15.0 pp—
6 months+12.8%+4.3%+8.5 pp—
Year to date+3.9%+7.5%−3.7 pp—
1 year+24.2%+9.9%+14.3 pp+5.9%
3 years+1.7%+49.8%−48.2 pp+1.8%
5 years+69.7%+42.8%+26.9 pp—
Max drawdown (1y)
−23.0%
05 Jan 2026 → 09 Apr 2026
Max drawdown (5y)
−42.3%
05 Feb 2024 → 18 Nov 2025
Compound annual growth (5y)
+11.2%
EURO STOXX 50 +7.4%

Price returns, dividends excluded.

Quarterly results

ESEF annual reports carry no quarters: the results are annual (below).

E/P over time

E/P = trailing-12-month diluted EPS / price at quarter end. E/P is the inverse of P/E and stays defined when earnings are negative.

Today's P/E sits at the 33 percentile of its own 3-quarter history (min 5.8, median 7.0, max 7.4; quarters with earnings only).

Fiscal years

Fiscal year202120222023
Revenue484.7 m597.3 m687.1 m
Revenue YoYunavailable+23.2%+15.0%
Net income16.5 m22.6 m33.5 m
Net income YoYunavailable+37.4%+48.0%
Diluted EPS0.640.881.30
Diluted EPS YoYunavailable+37.5%+47.7%
net %3.4%3.8%4.9%
Free cash flow5.9 m8.5 m58.8 m

Balance sheet & financial health

Fiscal year 2023 · 31 Dec 2023

Cash
76.0 m PLN
Financial debt
unavailable PLN
Net debt
unavailable PLN
Equity
178.4 m PLN
Total assets
518.8 m PLN
Debt / equity
unavailable
Current ratio
1.28x
ROE
20.5%
ROA
6.8%
FCF margin
8.6%

Financial statements (source on every figure)

Revenue and net income (PLN)

Margins

Income statement · PLN

Revenue
2021
484.7 m
2022
597.3 m
2023
687.1 m

esef· 07 May 2024verified

Cost of revenue
2021
386.3 m
2022
479.1 m
2023
540.3 m

esef· 07 May 2024verified

Gross profit
2021
98.4 m
2022
118.2 m
2023
146.8 m

esef· 07 May 2024verified

Operating income
2021
34.6 m
2022
42.3 m
2023
51.0 m

esef· 07 May 2024verified

Interest expense
2021
4.9 m
2022
9.3 m
2023
9.9 m

esef· 07 May 2024verified

Pre-tax income
2021
31.1 m
2022
34.1 m
2023
43.1 m

esef· 07 May 2024verified

Income tax
2021
13.4 m
2022
9.8 m
2023
7.4 m

esef· 07 May 2024verified

Net income
2021
16.5 m
2022
22.6 m
2023
33.5 m

esef· 07 May 2024verified

Diluted EPS
2021
0.64
2022
0.88
2023
1.30

esef· 07 May 2024verified

Dividend per share
2021
0.46
2022
0.49
2023
0.54

esef· 07 May 2024verified

Balance sheet · PLN

Cash
2021
36.7 m
2022
44.9 m
2023
76.0 m

esef· 07 May 2024verified

Receivables
2021
108.7 m
2022
130.4 m
2023
123.8 m

esef· 07 May 2024verified

Inventories
2021
48.1 m
2022
71.1 m
2023
73.9 m

esef· 07 May 2024verified

Current assets
2021
215.9 m
2022
300.1 m
2023
354.3 m

esef· 07 May 2024verified

Property, plant & equipment, net
2021
95.5 m
2022
103.2 m
2023
100.4 m

esef· 07 May 2024verified

Goodwill
2021
5.3 m
2022
5.3 m
2023
5.3 m

esef· 07 May 2024verified

Intangibles (excl. goodwill)
2021
4.8 m
2022
4.4 m
2023
4.3 m

esef· 07 May 2024verified

Total assets
2021
374.3 m
2022
458.9 m
2023
518.8 m

esef· 07 May 2024verified

Accounts payable
2021
88.7 m
2022
124.0 m
2023
121.2 m

esef· 07 May 2024verified

Current liabilities
2021
163.7 m
2022
235.5 m
2023
275.8 m

esef· 07 May 2024verified

Total liabilities
2021
241.8 m
2022
310.5 m
2023
340.5 m

esef· 07 May 2024verified

Equity
2021
132.6 m
2022
148.4 m
2023
178.4 m

esef· 07 May 2024verified

Shares outstanding at year end
2021
25.7 m
2022
25.7 m
2023
25.8 m

esef· 07 May 2024derived

Cash flow · PLN

Operating cash flow
2021
16.0 m
2022
24.8 m
2023
66.0 m

esef· 07 May 2024verified

Capex
2021
10.1 m
2022
16.2 m
2023
7.2 m

esef· 07 May 2024verified

Free cash flow
2021
5.9 m ≈
2022
8.5 m ≈
2023
58.8 m ≈

esef· 07 May 2024derived

Investing cash flow
2021
-9.6 m
2022
-9.1 m
2023
-7.4 m

esef· 07 May 2024verified

Financing cash flow
2021
-19.3 m
2022
-7.5 m
2023
-27.5 m

esef· 07 May 2024verified

Share repurchases
2021
0
2022
0
2023
0

esef· 07 May 2024verified

Computed indicators

Growth

Revenue growth (YoY)
15.0%
computed by olivLawFY 2023
Revenue CAGR 3Y
unavailable
input data missing
Revenue CAGR 5Y
unavailable
input data missing
EBIT growth (YoY)
20.6%
computed by olivLawFY 2023
Net income growth (YoY)
48.0%
computed by olivLawFY 2023
Net income CAGR 3Y
unavailable
input data missing
Net income CAGR 5Y
unavailable
input data missing
EPS growth (YoY)
47.7%
computed by olivLawFY 2023
EPS CAGR 3Y
unavailable
input data missing
EPS CAGR 5Y
unavailable
input data missing
FCF growth (YoY)
588.5%
computed by olivLawFY 2023

Profitability

Gross margin
21.4%
computed by olivLawFY 2023
EBITDA margin
unavailable
input data missing
EBIT margin
7.4%
computed by olivLawFY 2023
Net margin
4.9%
computed by olivLawFY 2023
FCF margin
8.6%
computed by olivLawFY 2023

Returns

ROE
21.1%
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
ROA
6.8%
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
ROIC
unavailable
input data missing
ROCE
21.0%
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
Payout ratio (EPS)
41.5%
computed by olivLawFY 2023
Payout ratio (FCF)
unavailable
input data missing

Balance sheet

Net debt
unavailable
input data missing
Net debt / EBITDA
unavailable
input data missing
Debt / equity
unavailable
input data missing
Interest coverage
5.1x
computed by olivLawFY 2023

Liquidity

Current ratio
1.3x
computed by olivLawbalance sheet at 31 Dec 2023
Quick ratio
1.0x
computed by olivLawbalance sheet at 31 Dec 2023
Cash ratio
0.3x
computed by olivLawbalance sheet at 31 Dec 2023

Cash

Operating cash flow
66.0 m PLN
computed by olivLawFY 2023
Capital expenditure
7.2 m PLN
computed by olivLawFY 2023
Free cash flow
58.8 m PLN
computed by olivLawFY 2023
FCF conversion
175.6%
computed by olivLawFY 2023
Cash conversion
unavailable
input data missing

Efficiency

Days sales outstanding
68 days
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
Days inventory outstanding
49 days
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
Days payables outstanding
83 days
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
Cash conversion cycle
34 days
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023

Market and valuation

Market capitalisation
222.0 m PLN
computed by olivLawbalance sheet at 31 Dec 2023
Enterprise value
unavailable
input data missing
Market cap / net income TTM
6.6x
computed by olivLawFY 2023
P/E (TTM)
6.6x
computed by olivLawFY 2023
Earnings yield
15.1%
computed by olivLawFY 2023
P/B
1.3x
computed by olivLawbalance sheet at 31 Dec 2023
P/S
0.3x
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
EV/EBITDA
unavailable
input data missing
EV/EBIT
unavailable
input data missing
EV/Sales
unavailable
input data missing
P/FCF
3.8x
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
FCF yield
26.5%
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
Dividend yield
6.3%
computed by olivLawFY 2023
Shareholder yield (distributions)
0.0%
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023

1 indicators that do not apply to the sector.

Valuation

olivLaw classification

Insufficient data
What is missing
  • score weight coverage: 47.9% of at least 60%

A scoring methodology on indicators and valuation, not investment advice.

Closing price

8.62 PLN

06 Nov 2026Source: olivLaw, closing series

Market cap: 222.0 m PLN

Key indicators

Market capitalisation
222.0 m PLN
computed by olivLawbalance sheet at 31 Dec 2023
P/E (TTM)
6.6x
computed by olivLawFY 2023
P/B
1.3x
computed by olivLawbalance sheet at 31 Dec 2023
EV/EBITDA
unavailable
input data missing
ROE
21.1%
computed by olivLawFY 2023 · balance sheet at 31 Dec 2023
Net margin
4.9%
computed by olivLawFY 2023
Revenue growth (YoY)
15.0%
computed by olivLawFY 2023
Dividend yield
6.3%
computed by olivLawFY 2023

Coverage and freshness

29/37 reporting lines present
Latest full fiscal year: 2023
Latest reported period: 31 Dec 2023
Latest balance sheet date: 31 Dec 2023
Share count (cover of the latest filing), as of: 31 Dec 2023
Source: esefpublished 07 May 2024
verified 94derived 3

The data is older than the freshness threshold.

Score by group

48% · Insufficient data

Estimated value range

unavailable — no valuation assumptions for the reporting currency

Valuation assumptions are editorial choices, not measured; beta is not measured.

Valuation methods

    Assumptions (illustrative, editorial)

    Risk-free rate
    6.5%
    Equity risk premium
    6.0%
    Beta (default)
    1.00
    Cost of equity
    12.5%
    Terminal growth
    3.0%

    Factor scorecard

    Insufficient data

    Minimum-evidence gate: score weight coverage: 47.9% of at least 60%

    FactorValueScoreWeight used
    ROIC · Qualityunavailableunavailable—
    Net margin · Quality4.9%56 (vs peers)13%
    FCF conversion · Quality175.6%100 (on a fixed band)13%
    Revenue CAGR 3Y · Growthunavailableunavailable—
    EPS CAGR 3Y · Growthunavailableunavailable—
    Net debt / EBITDA · Balance sheetunavailableunavailable—
    Interest coverage · Balance sheet5.1x56 (on a fixed band)13%
    Current ratio · Balance sheet1.3x40 (on a fixed band)9%
    P/E (TTM) · Valuation6.6x74 (vs peers)22%
    EV/EBITDA · Valuationunavailableunavailable—
    FCF yield · Valuation26.5%100 (on a fixed band)17%
    Shareholder yield (distributions) · Returns0.0%0 (on a fixed band)13%
    Payout ratio (FCF) · Returnsunavailableunavailable—

    Factors without a value were dropped; the remaining weights were renormalised.

    Score groups

    • Balance sheet50/100 · 2/3 factors with a value
    • Growth· partialunavailable · 0/2 factors with a value
    • Quality78/100 · 2/3 factors with a value
    • Returns· partial0/100 · 1/2 factors with a value
    • Valuation85/100 · 2/3 factors with a value

    A «partial» group is computed from under half of its weight or from one factor: it is not a full assessment of the group.

    Memo

    INTROL Spółka Akcyjna (INL.WA). Latest full fiscal year: 2023; data up to 2023-12-31.

    Figures computed from the financial statements: revenue 687.1 m PLN in 2023; YoY growth 15.0%; net margin 4.9%; ROE 21.1%.

    The estimated value range is 6.49–14.58 PLN per share (median of 2 methods, agreement: low); assumptions are illustrative. Against the central value of 9.57 PLN, the price of 8.62 PLN leaves a potential of 11.0% (value / price − 1) and a margin of safety of 9.9% (1 − price / value). The range is the median of the methods' low, central and high values, not a probability interval.

    Insufficient data for a verdict (score weight coverage: 47.9% of at least 60%).

    Text generated deterministically from the figures shown; no language model. Not investment advice.

    What supports the thesis

    • FCF conversion: 175.6%
    • P/E (TTM): 6.6x
    • FCF yield: 26.5%

    What contradicts it

    • Shareholder yield (distributions): 0.0%
    • The valuation methods diverge

    Not assessed (insufficient data or a ratio without meaning): ROIC, Revenue CAGR 3Y, EPS CAGR 3Y, Net debt / EBITDA, EV/EBITDA, Payout ratio (FCF).

    Versus the vertical median

    Listed companies from Poland · same country · compared with 39 companies

    Multiples and returns vs the median

    P/E
    6.6x
    vertical median 12.1x
    below median (−45.1%)
    EV/EBITDA
    —
    vertical median —
    P/S
    0.3x
    vertical median 1.3x
    below median (−74.7%)
    P/B
    1.3x
    vertical median 1.0x
    above median (+31.3%)
    ROE
    21.1%
    vertical median 8.9%
    above median (+136.7%)
    Net margin
    4.9%
    vertical median 2.8%
    above median (+72.8%)
    EBIT margin
    7.4%
    vertical median 6.3%
    above median (+17.1%)
    Revenue YoY
    15.0%
    vertical median 9.9%
    above median (+52.5%)
    Net debt/EBITDA
    —
    vertical median —
    Dividend yield
    6.3%
    vertical median 3.6%
    above median (+72.0%)

    Price rebased to 100 (monthly, 5 years)

    Companies in the vertical

    Market capP/EROENet marginRevenue YoY1A / 3A
    ACP.WAAsseco Poland S.A.19.0 bn37.87.8%2.9%+19.8%+18% / +199%
    BDX.WABudimex Spółka Akcyjna18.9 bn35.341.5%6.2%+8.9%+18% / +33%
    BFT.WABenefit Systems Spółka Akcyjna18.1 bn130.720.8%7.2%+99.9%+74% / +221%
    ASE.WAAsseco South Eastern Europe Spółka Akcyjna3.7 bn19.618.1%12.0%+36.5%+6% / +50%
    1AT.WAAtal Spółka Akcyjna2.3 bn6.429.8%22.2%−1.3%+7% / +8%
    ATT.WAGrupa Azoty Spółka Akcyjna1.6 bn—-37.9%-20.8%−45.1%−15% / −26%
    ARH.WAArchicom Spółka Akcyjna1.3 bn12.115.9%22.1%−21.6%+13% / +88%
    ACT.WAAction S.A.999.4 m27.28.3%1.5%+6.1%+71% / +171%
    BRS.WABoryszew Spółka Akcyjna874.1 m8.26.3%1.6%+8.4%−25% / −28%
    AGO.WAAgora Spółka Akcyjna588.0 m—-14.2%-9.2%+15.2%+37% / +18%
    AMB.WAAmbra S.A.462.9 m7.516.4%7.0%+12.9%+4% / −33%
    ATC.WAArctic Paper Spółka Akcyjna344.7 m1.416.3%7.0%−27.5%−40% / −75%
    ATG.WA"atm Grupa Spółka Akcyjna"298.5 m11.08.9%11.6%−22.0%−11% / +2%
    ART.WAArtifex Mundi S.A.229.7 m17.735.7%33.3%+51.9%+48% / +14%
    INL.WAINTROL Spółka Akcyjna222.0 m6.621.1%4.9%+15.0%+24% / −5%
    APN.WAAPLISENS Spółka Akcyjna192.4 m9.411.4%13.8%+21.8%−2% / −22%
    ALI.WAALTUS Spolka Akcyjna158.1 m17.37.9%16.9%+30.3%+38% / +52%
    BMC.WABumech Spółka Akcyjna156.9 m—-3.4%-3.9%−40.0%−36% / −49%
    BBT.WABoomBit Spółka Akcyjna71.9 m4.520.7%6.4%−16.5%−18% / −56%
    BBD.WABbi Development S.A.54.1 m1.136.0%208.3%+50.2%+1% / +9%
    ALG.WAAll in! Games Spółka Akcyjna39.6 m——-156.9%−72.2%−27% / −56%
    BMX.WABioMaxima Spółka Akcyjna36.3 m62.01.2%1.3%−67.5%−31% / −46%
    06N.WAMagna Polonia Spółka Akcyjna31.1 m0.5115.4%964.7%+13.0%−29% / −43%
    BCM.WABETACOM Spółka Akcyjna26.3 m17.38.0%0.9%+21.3%+6% / +2%
    AWM.WAAirway Medix Spółka Akcyjna13.8 m—-25.8%-117,400.0%−97.7%−26% / −45%

    1- and 3-year price returns: for INL.WA from daily closes (the same as the performance table), for the other companies from month-end closes.

    olivLaw engine forecast

    The world engine ran after the company's latest material disclosure. Probabilities are of TOUCHING a level within the horizon (not closing there) and sit next to the random walk (p_rw), the no-information benchmark.

    The engine has no published run for this company yet.

    Valuation scenarios (editable assumptions)

    Illustrative scenarios

    Illustrative: not forecasts and without probabilities. Each case is one coherent set of assumptions, computed on today's figures.

    Bear
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Base
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Bull
    Allowed range: -50 … 50%
    Allowed range: -100 … 100%
    Allowed range: 0 … 100
    Allowed range: -10 … 20%
    Allowed range: 0 … 100%
    Nothing is saved.

    Estimated price (PLN)

    Estimated priceBearBaseBull
    1 years
    5.63
    Total return -29% · Per year -29%
    9.91
    Total return 22% · Per year 22%
    14.87
    Total return 81% · Per year 81%
    3 years
    6.68
    Total return -5% · Per year -2%
    13.11
    Total return 77% · Per year 21%
    21.41
    Total return 180% · Per year 41%
    5 years
    7.93
    Total return 25% · Per year 4%
    17.34
    Total return 150% · Per year 20%
    30.83
    Total return 322% · Per year 33%
    What moves the 3-year price the most
    • Exit P/E± 3.28
    • Net margin± 2.29
    • Annual revenue growth± 1.71
    • Annual dilution± 0.19

    AI analysis

    The qualitative analysis has not been written for this company yet.

    Products, market & competition

    The qualitative analysis has not been written for this company yet.

    News & filings

    In the press

    No news in our archive over the last 180 days.

    Annual reports (ESEF)

    Figures computed by olivLaw from ESEF annual reports and closing prices; the qualitative analysis is AI-generated from cited sources. Not investment advice.