APS Energia S.A.

APE.WA

Industrial - Machinery · Industrials

Exchange

Warsaw Stock Exchange

Winston Score

Winston is serious

Mixed quality — meaningful strengths and weaknesses.

Data as of Aug 23, 2026 · filings through Mar 31, 2026

How the score breaks down

Quality

Good

Growth

Mixed

Cash Flow

Weak

Stability

Good

Valuation

Good

Track this stock — start free trial

Winston Score History

The full picture

APS Energia S.A. is a Polish industrial company that designs and manufactures power systems and energy equipment. Its core products include uninterruptible power supplies (UPS), transformers, and custom power solutions sold mainly to industrial clients, utilities, and critical infrastructure operators. The company is a niche player in the Polish and Central European market for specialized electrical power equipment.

APS Energia earns revenue primarily through equipment sales and project-based contracts, with some recurring income from service and maintenance agreements. It operates mainly in Poland with selective activity in other European markets, and its relatively small size — around $100 million in market capitalization — keeps it focused on specialized, lower-volume orders rather than mass production. Its main competitive advantage is technical expertise in custom power solutions, but as a small regional manufacturer it faces real risk from larger European competitors with greater scale and resources, as well as exposure to fluctuations in industrial capital spending.

Score breakdown

Every number that matters to educated investors.

Each metric is explained in plain language so you know exactly what you're looking at. Start your free trial now.

Quality

Profit per sale

Gross Margin

38.2%

Modest — 38.2% gross margin

Profit after running costs

Operating Margin

9.7%

Modest — 9.7% operating margin

Return on the money invested

ROCE

26.2%

Exceptional — 26.2% return on capital

ROIC above 25%. Every dollar invested in the business earns more than 25 cents back per year.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Growth

Sales growth

Sales YoY

-0.5%

Shrinking sales (-0.5% YoY)

Profit growth

EPS YoY

N/A

Data not available

How steady the profit is

EPS Consistency

6/8 quarters

Earnings grew in most of the last 8 quarters

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Cash Flow

Profit that turns into cash

Cash Conversion

16%

Weak — only 16% of profit becomes cash

Spare cash per sale

FCF Margin

-3.3%

Burning cash (-3.3%)

Free cash flow is negative. They are burning cash, not generating it.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Stability

What it owes vs what it owns

Debt / Equity

0.51

Conservative — low debt load (0.51)

Covers its interest

Interest Cover

3.32x

Tight — interest eats into profit (3.3x)

Interest coverage between 3 and 8. Profits cover interest several times over.

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Valuation

Price vs profit

P/E Ratio (TTM)

12.3x

no trend

Attractive valuation — P/E 12.3

P/E in the normal range. Price is roughly $15 for every $1 of yearly profit.

Cheaper or dearer next year

P/E vs Forward

N/A

not available

Data not available

Full breakdown available with your free trial

See every metric, trend, and what it means for this stock.

Try free

Dividends

Not applicable for this business.

🔒 See full fundamentals and if they are improving or declining — click here for your free trial now.

Start free trial