Zamet S.A. (ZMT.WA) Stock Analysis & Winston Score
Zamet S.A. is a Polish industrial company that makes steel structures and metal components. Its products include fabricated steel parts used in mining equipment, industrial machinery, and infrastructure projects. The company serves customers in the mining and heavy industry sectors, primarily in Poland and Central Europe. Zamet earns revenue by manufacturing and selling these steel products directly to industrial clients, typically on a project or contract basis rather than through subscriptions. It is a small-cap company with a market value around $100 million, operating mainly in Poland within a competitive regional steel fabrication market. The company is currently losing money at the operating level, with a negative operating margin of nearly 15%, which points to the main risk it faces: rising input costs and weak pricing power in a commoditized industry can quickly erode profitability, and the company will need to improve cost efficiency or secure higher-margin contracts to return to sustainable earnings.
Winston Score: 25/100 — Below Average
Below-average fundamentals — multiple weak pillars.
- Quality: Weak (0/30)
- Growth: Weak (3/20)
- Cash Flow: Good (6/10)
- Stability: Data not available (0/10)
- Valuation: Mixed (3/10)
- Ownership: Good (10/15)


