Metalac a.d., Gornji Milanovac (BELEX:MTLC)

Serbia · Delayed Price · Currency is EUR · Price in RSD

2,033.00

0.00 (0.00%)

At close: Aug 13, 2026

BELEX:MTLC Financials Overview

Financials in millions RSD. Fiscal year is January - December.

Millions RSD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	17,822	17,822	16,858	14,962	13,500	11,993
Revenue Growth	13.05%	5.72%	12.67%	10.83%	12.57%	11.80%
Gross Profit	5,763	5,763	5,241	4,757	4,363	3,884
Operating Income	970.74	970.74	868.29	828.55	713.06	863.48
Net Income	836.38	836.38	743.71	677.02	588.1	570.22
Earnings Per Share	462.83	462.83	384.75	350.24	303.97	294.70
EPS Growth	14.39%	20.29%	9.85%	15.22%	3.15%	39.20%

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	2,248	2,248	1,856	1,147	1,068	914.92
Total Debt	1,194	1,194	1,329	1,410	1,560	934.6
Net Cash (Debt)	1,053	1,053	526.95	-262.21	-491.86	-19.67
Net Cash Growth	-	99.87%	-	-	-	-
Net Cash Per Share	582.82	582.82	272.61	-135.65	-254.23	-10.17

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	1,024	1,024	892.73	1,250	707.93	382.88
Capital Expenditures	-247.7	-247.7	-425.62	-639.48	-900.37	-409.84
Free Cash Flow	776.05	776.05	467.1	610.92	-192.44	-26.97
Free Cash Flow Growth	43.32%	66.14%	-23.54%	-	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	32.34%	32.34%	31.09%	31.80%	32.32%	32.39%
Operating Margin	5.45%	5.45%	5.15%	5.54%	5.28%	7.20%
Pretax Margin	5.46%	5.46%	5.32%	5.29%	5.43%	5.85%
Profit Margin	4.69%	4.69%	4.41%	4.52%	4.36%	4.75%
FCF Margin	4.35%	4.35%	2.77%	4.08%	-1.43%	-0.22%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 15, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
PE Ratio	4.44	5.21	5.20	4.54	5.52	6.31
Forward PE	-	7.04	7.04	7.04	7.04	7.04
P/FCF Ratio	8.85	5.62	8.28	5.03	-	-
PS Ratio	0.22	0.25	0.23	0.21	0.24	0.30