profit from every PLN 100 of sales.
PLN 0PLN 100
Develia
PLN 8.37-0.36% today
+0.6% in 1 year
1-year low PLN 7.911-year high PLN 11.18
Trading close to its lowest price of the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2021 to 2024.
0%20% a year
You pay PLN 10.20 for every PLN 1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Develia sold, what it kept, and what it did with the cash.
Sales went from PLN 912 million in 2021 to PLN 1.79 billion in 2024, with PLN 380 million of profit last year.
SalesProfit
Develia handed back 92% of the cash it generated last year.
PLN 226M
Free cash flow 2024PLN 246M
Bought back its own shares–
Paid as dividendsPLN 226M
Cash vs. debtPLN 580M vs. PLN 984M
Develia vs. similar companies
Develia grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from PLN 100 of sales | Sales growth a year | Price per PLN 1 of profit |
|---|---|---|---|
| Develia | 10.2× · Cheap | ||
 Sun Hung Kai Properties | 17.1× · Fair price | ||
 Emaar Properties PJSC | 6.5× · Cheap | ||
 China Resources Land | 7.4× · Cheap | ||
 CK Asset Holdings | 15.6× · Fair price |
AI analysis
An AI analyst reads Develia's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of PLN | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 912 | 1,068 | 1,608 | 1,790 | |
| 281 | 362 | 489 | 607 | |
| 218 | 286 | 356 | 445 | |
| 221 | 288 | 366 | 497 | |
| 154 | 231 | 276 | 380 | |
| 0.34 | 0.52 | 0.62 | 0.84 | |
| 30.8% | 33.9% | 30.4% | 33.9% | |
| 24.0% | 26.8% | 22.1% | 24.9% | |
| 16.9% | 21.6% | 17.1% | 21.2% |
Balance sheet
| In millions of PLN | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| Total assets | 3,243 | 2,941 | 3,808 | 4,282 |
| Cash | 333 | 352 | 499 | 580 |
| Total debt | 941 | 652 | 954 | 984 |
| Total liabilities | 1,849 | 1,514 | 2,260 | 2,565 |
| 1,394 | 1,427 | 1,547 | 1,715 | |
| 448 | 448 | 448 | 453 | |
| 7.6% | 11.2% | 11.8% | 14.7% | |
| 11.0% | 16.2% | 17.8% | 22.2% |
Cash flow
| In millions of PLN | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|
| 87 | 170 | 107 | 312 | |
| 2 | 3 | 6 | 66 | |
| 85 | 167 | 101 | 246 | |
| Dividends paid | 76 | 201 | 179 | 226 |
| – | – | – | – | |
| 4 | 3 | 14 | 6 |
Valuation
- 10.2×
- –
- 0.29
- 2.9×
- 2.2×
- 15.8×
- 8.6×
- 6.3%
- 9.8%
- 5.8%
Profitability
- 33.9%
- 24.9%
- 21.2%
- –
- 14.7%
- 11.3%
- –
- –
- –
- –
Growth
- +25.2%
- +35.2%
- –
- –
- +0.4%
Financial health
- 0.8×
- 0.57
- –
- 38.6×
- 2.23
- –
- –
How it ranks in Real Estate
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 8%of 744
Bottom 36%of 750
Top 25%of 665
Top 14%of 760
Top 44%of 761
5.8%of the share price, paid each year
On $1,000 invested$58a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
59.5% of its profit
Room to growStretchedMore than it earns: 91.9%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Develia
Is Develia a good stock to buy?
A strong, very profitable business, and the price looks low. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Develia AI analysis
What does Develia do?
Develia is a Polish residential and commercial real-estate developer and investor. It is in Real Estate - Development.
Does Develia pay a dividend?
Yes. At today's price the dividend is 5.8% a year, about 59% of its yearly profit. In 2024 it paid out PLN 226 million in dividends.
Is Develia stock halal?
Yes. Develia passes our halal screen: its business is permitted and its debt is 25% of its market value, under the 30% limit. How we check
How has Develia stock done over the past year?
Up 0.6% over the past twelve months, to PLN 8.37. It traded between PLN 7.91 and PLN 11.18 and is 25.1% below its high.
Who are Develia's competitors?
The largest listed companies in the same industry are Sun Hung Kai Properties, Emaar Properties PJSC, China Resources Land and CK Asset Holdings. The peers table on this page compares their profit, growth and price with Develia's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.