WinstonWınston
Sfinks Polska S.A. logo

Sfinks Polska S.A.

SFS.WA
42
Restaurants · Consumer Cyclical
Price
0.43 PLN
-0.01 (-2.03%)
Market Cap
16.5M PLN
Exchange
Warsaw Stock Exchange
Winston Score
42
Winston is serious
Mixed quality — meaningful strengths and weaknesses.
Data as of Aug 9, 2026 · filings through Mar 31, 2026

Share count rising — dilution

+17.8% over 4y

The company has issued more shares over this period, which dilutes each existing shareholder’s stake.

Diluted shares outstanding: 32.2M (2021) → 37.9M (2025)

Sfinks Polska S.A. is a Polish restaurant company that owns and operates casual dining chains in Poland. Its main brand is Sphinx, a sit-down restaurant chain serving a mix of Middle Eastern-inspired and European dishes. The company targets everyday consumers looking for affordable full-service dining experiences across Poland.

Sfinks makes money primarily through food and beverage sales at its company-owned restaurants, as well as through franchise fees from franchised locations operating under its brands. The business is concentrated almost entirely in Poland, making it a small, domestically focused operator in a competitive Central European restaurant market. Its Sphinx brand has been around for decades and carries reasonable name recognition in Poland, which provides some local loyalty. The main risk the company faces is consumer spending sensitivity — when Polish households feel financial pressure, discretionary dining out tends to decline, which can quickly squeeze restaurant revenues and margins.

Winston Score History

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

Gross Margin
11.6%
Thin — 11.6% gross margin
Operating Margin
7.3%
Modest — 7.3% operating margin
ROCE
13.4%
Good — 13.4% return on capital

ROIC between 5% and 15%. They earn 5 to 15 cents back per year on every dollar invested.

Full breakdown available with your free trial

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

Try free

Growth

Sales YoY
-35.6%
Shrinking sales (-35.6% YoY)
EPS YoY
N/A
Data not available
EPS Consistency
5/8 quarters
Mixed — about half the quarters showed growth

Full breakdown available with your free trial

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

Try free

Cash Flow

Cash Conversion
213%
Turns 213% of profit into real cash
FCF Margin
19.3%
Converts sales into free cash efficiently (19.3%)

FCF margin between 10% and 20%. Every $100 in sales becomes $10 to $20 in real cash.

Full breakdown available with your free trial

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

Try free

Stability

Debt / Equity
N/A
Data not available
Interest Cover
0.38x
Dangerous — barely covers interest (0.4x)

Interest coverage below 1. Their profits don't cover the interest bill.

Full breakdown available with your free trial

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

Try free

Valuation

P/E Ratio (TTM)
3.8x
Attractive valuation — P/E 3.8

P/E under 10. The price tag is small relative to last year's profit.

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