View ValuationPolwax 将来の成長Future 基準チェック /06現在、 Polwaxの成長と収益を予測するのに十分なアナリストの調査がありません。主要情報n/a収益成長率n/aEPS成長率Chemicals 収益成長21.0%収益成長率n/a将来の株主資本利益率n/aアナリストカバレッジNone最終更新日n/a今後の成長に関する最新情報更新なしすべての更新を表示Recent updatesお知らせ • May 02Polwax S.A., Annual General Meeting, May 29, 2026Polwax S.A., Annual General Meeting, May 29, 2026, at 11:00 Central European Standard Time.Reported Earnings • Nov 10Third quarter 2025 earnings released: zł0.012 loss per share (vs zł0.033 loss in 3Q 2024)Third quarter 2025 results: zł0.012 loss per share (improved from zł0.033 loss in 3Q 2024). Revenue: zł54.0m (down 18% from 3Q 2024). Net loss: zł726.0k (loss narrowed 28% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.お知らせ • Nov 06Polwax S.A. to Report Q3, 2025 Results on Nov 06, 2025Polwax S.A. announced that they will report Q3, 2025 results on Nov 06, 2025Reported Earnings • Sep 12Second quarter 2025 earnings released: EPS: zł0.005 (vs zł0.55 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.005 (up from zł0.55 loss in 2Q 2024). Revenue: zł13.4m (down 47% from 2Q 2024). Net income: zł283.0k (up zł17.2m from 2Q 2024). Profit margin: 2.1% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.お知らせ • Aug 21Polwax S.A. to Report First Half, 2025 Results on Sep 11, 2025Polwax S.A. announced that they will report first half, 2025 results on Sep 11, 2025New Risk • Jul 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł28m free cash flow). Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (zł90.4m market cap, or US$25.0m).New Risk • Jun 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł28m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł28m free cash flow). Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risk Market cap is less than US$100m (zł85.1m market cap, or US$23.6m).Reported Earnings • May 23First quarter 2025 earnings released: zł0.064 loss per share (vs zł0.16 loss in 1Q 2024)First quarter 2025 results: zł0.064 loss per share (improved from zł0.16 loss in 1Q 2024). Revenue: zł9.46m (down 65% from 1Q 2024). Net loss: zł3.95m (loss narrowed 19% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.分析記事 • May 15Polwax S.A.'s (WSE:PWX) Share Price Not Quite Adding UpIt's not a stretch to say that Polwax S.A.'s ( WSE:PWX ) price-to-sales (or "P/S") ratio of 0.5x seems quite...お知らせ • May 08Polwax S.A., Annual General Meeting, Jun 04, 2025Polwax S.A., Annual General Meeting, Jun 04, 2025.Reported Earnings • Nov 22Third quarter 2024 earnings released: zł0.033 loss per share (vs zł0.073 profit in 3Q 2023)Third quarter 2024 results: zł0.033 loss per share (down from zł0.073 profit in 3Q 2023). Revenue: zł65.8m (down 34% from 3Q 2023). Net loss: zł1.01m (down 145% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.New Risk • Oct 20New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risk Market cap is less than US$100m (zł101.5m market cap, or US$25.6m).Reported Earnings • Sep 20Second quarter 2024 earnings released: zł0.55 loss per share (vs zł0.21 loss in 2Q 2023)Second quarter 2024 results: zł0.55 loss per share (further deteriorated from zł0.21 loss in 2Q 2023). Revenue: zł25.3m (down 5.4% from 2Q 2023). Net loss: zł16.9m (loss widened 155% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.お知らせ • Jul 19Polwax S.A. announced that it expects to receive PLN 30.8 million in fundingPolwax SA announced a private placement to issue 30,800,000 Series F Shares at an issue price of PLY 1 per share for the gross proceeds of PLY 30,800,000 on July 18, 2024. The transaction will include participation from new investor MOSTOSTOSTAL ZABRZE .分析記事 • Jun 09Optimistic Investors Push Polwax S.A. (WSE:PWX) Shares Up 25% But Growth Is LackingPolwax S.A. ( WSE:PWX ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (zł60.9m market cap, or US$15.5m).Reported Earnings • May 26First quarter 2024 earnings released: zł0.16 loss per share (vs zł0.14 loss in 1Q 2023)First quarter 2024 results: zł0.16 loss per share (further deteriorated from zł0.14 loss in 1Q 2023). Revenue: zł27.2m (down 27% from 1Q 2023). Net loss: zł4.90m (loss widened 10.0% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.お知らせ • Apr 26Polwax S.A., Annual General Meeting, May 20, 2024Polwax S.A., Annual General Meeting, May 20, 2024, at 10:00 Central European Standard Time.Reported Earnings • Apr 13Full year 2023 earnings releasedFull year 2023 results: Revenue: zł252.4m (down 24% from FY 2022). Net loss: zł39.0m (down zł47.4m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.お知らせ • Jan 10+ 3 more updatesPolwax S.A. to Report Q2, 2024 Results on Sep 19, 2024Polwax S.A. announced that they will report Q2, 2024 results on Sep 19, 2024分析記事 • Nov 21Polwax (WSE:PWX) Will Be Hoping To Turn Its Returns On Capital AroundIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be zł2.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.Reported Earnings • Sep 12Second quarter 2023 earnings released: zł0.21 loss per share (vs zł0.073 profit in 2Q 2022)Second quarter 2023 results: zł0.21 loss per share (down from zł0.073 profit in 2Q 2022). Revenue: zł26.7m (down 55% from 2Q 2022). Net loss: zł6.64m (down 394% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 136% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Buying Opportunity • Sep 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be zł2.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable.分析記事 • Aug 29Calculating The Fair Value Of Polwax S.A. (WSE:PWX)Key Insights Using the Dividend Discount Model, Polwax fair value estimate is zł2.96 With zł2.40 share price, Polwax...お知らせ • May 09Polwax S.A., Annual General Meeting, May 24, 2023Polwax S.A., Annual General Meeting, May 24, 2023, at 14:00 Central European Standard Time.Reported Earnings • Apr 14Full year 2022 earnings released: EPS: zł0.27 (vs zł0.15 in FY 2021)Full year 2022 results: EPS: zł0.27 (up from zł0.15 in FY 2021). Revenue: zł331.2m (up 22% from FY 2021). Net income: zł8.33m (up 74% from FY 2021). Profit margin: 2.5% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.お知らせ • Jan 12+ 3 more updatesPolwax S.A. to Report Q3, 2023 Results on Nov 16, 2023Polwax S.A. announced that they will report Q3, 2023 results on Nov 16, 2023Reported Earnings • Nov 20Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: zł143.2m (up 61% from 3Q 2021). Net income: zł10.5m (up 228% from 3Q 2021). Profit margin: 7.3% (up from 3.6% in 3Q 2021). The increase in margin was driven by higher revenue.Reported Earnings • Sep 24Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: zł59.4m (up 79% from 2Q 2021). Net income: zł2.26m (up zł3.36m from 2Q 2021). Profit margin: 3.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.分析記事 • Aug 23Returns On Capital Signal Difficult Times Ahead For Polwax (WSE:PWX)When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improved over the past weekAfter last week's 21% share price gain to zł3.65, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 7x in the Chemicals industry in Poland. Total returns to shareholders of 7.8% over the past three years.Upcoming Dividend • Jun 30Upcoming dividend of zł0.08 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 23 July 2022. Trailing yield: 2.7%. Lower than top quartile of Polish dividend payers (8.0%). Lower than average of industry peers (8.9%).Reported Earnings • May 26First quarter 2022 earnings released: zł0.055 loss per share (vs zł0.073 loss in 1Q 2021)First quarter 2022 results: zł0.055 loss per share (up from zł0.073 loss in 1Q 2021). Revenue: zł39.5m (up 3.4% from 1Q 2021). Net loss: zł1.71m (loss narrowed 24% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.Reported Earnings • Apr 14Full year 2021 earnings released: EPS: zł0.15 (vs zł0.21 in FY 2020)Full year 2021 results: EPS: zł0.15. Revenue: zł271.9m (up 26% from FY 2020). Net income: zł4.79m (up 58% from FY 2020). Profit margin: 1.8% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue.Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł2.91, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 11x in the Chemicals industry in Poland. Total loss to shareholders of 4.9% over the past three years.分析記事 • Jan 05Investors Could Be Concerned With Polwax's (WSE:PWX) Returns On CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...Reported Earnings • Sep 25Second quarter 2021 earnings released: zł0.036 loss per share (vs zł0.55 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: zł33.2m (up 16% from 2Q 2020). Net loss: zł1.11m (loss narrowed 80% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.分析記事 • Sep 15Polwax (WSE:PWX) Will Be Looking To Turn Around Its ReturnsWhen researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...Reported Earnings • May 29First quarter 2021 earnings released: zł0.073 loss per share (vs zł0.10 loss in 1Q 2020)The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: zł38.2m (up 4.9% from 1Q 2020). Net loss: zł2.25m (loss widened 108% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.Reported Earnings • Apr 25Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: zł216.5m (flat on FY 2019). Net income: zł3.03m (up zł58.6m from FY 2019). Profit margin: 1.4% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.分析記事 • Jan 05Is Polwax (WSE:PWX) Using Capital Effectively?When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...Is New 90 Day High Low • Dec 15New 90-day high: zł3.62The company is up 32% from its price of zł2.75 on 15 September 2020. The Polish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period.Is New 90 Day High Low • Nov 25New 90-day high: zł3.41The company is up 5.0% from its price of zł3.25 on 27 August 2020. The Polish market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 4.0% over the same period.Is New 90 Day High Low • Nov 05New 90-day low: zł2.53The company is down 36% from its price of zł3.98 on 06 August 2020. The Polish market is down 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is down 18% over the same period.Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total losses of zł67.2m, with earnings decreasing by zł85.9m from the prior year. Total revenue was zł205.4m over the last 12 months, down 19% from the prior year. このセクションでは通常、投資家が会社の利益創出能力を理解する一助となるよう、プロのアナリストのコンセンサス予想に基づく収益と利益の成長予測を提示する。しかし、Polwax は十分な過去のデータを提供しておらず、アナリストの予測もないため、過去のデータを外挿したり、アナリストの予測を使用しても、その将来の収益を確実に算出することはできません。 シンプリー・ウォール・ストリートがカバーする企業の97%は過去の財務データを持っているため、これはかなり稀な状況です。 業績と収益の成長予測WSE:PWX - アナリストの将来予測と過去の財務データ ( )PLN Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/2025130-12-18-17N/A9/30/2025149-4-17-16N/A6/30/2025161-5-30-29N/A3/31/2025172-22-28-27N/A12/31/2024190-2334N/A9/30/2024207-534647N/A6/30/2024241-509091N/A3/31/2024242-393638N/A12/31/2023252-391719N/A9/30/2023253-123234N/A6/30/2023296-3-18-16N/A3/31/202332961618N/A12/31/2022331835N/A9/30/202235416-31-29N/A6/30/20222999-29-26N/A3/31/20222735-21-19N/A12/31/2021272568N/A9/30/2021238679N/A6/30/2021223647N/A3/31/20212182-4-1N/A12/31/20202173912N/A9/30/2020202-70-19N/A6/30/2020205-67-105N/A3/31/2020212-54721N/A12/31/2019216-56419N/A9/30/201923417N/A14N/A6/30/201925519N/A19N/A3/31/201926914N/A22N/A12/31/201827818N/A41N/A9/30/201827516N/A20N/A6/30/201827114N/A15N/A3/31/201827515N/A16N/A12/31/201728317N/A25N/A9/30/201729219N/A19N/A6/30/201728820N/A16N/A3/31/201729921N/A18N/A12/31/201629521N/A21N/A9/30/201630924N/A3N/A6/30/201629624N/A16N/A3/31/201628123N/A24N/A12/31/201528124N/A32N/A9/30/201526222N/A34N/A6/30/201526421N/A37N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: PWXの予測収益成長が 貯蓄率 ( 5.3% ) を上回っているかどうかを判断するにはデータが不十分です。収益対市場: PWXの収益がPolish市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です高成長収益: PWXの収益が今後 3 年間で 大幅に 増加すると予想されるかどうかを判断するにはデータが不十分です。収益対市場: PWXの収益がPolish市場よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。高い収益成長: PWXの収益が年間20%よりも速く成長すると予測されるかどうかを判断するにはデータが不十分です。一株当たり利益成長率予想将来の株主資本利益率将来のROE: PWXの 自己資本利益率 が 3 年後に高くなると予測されるかどうかを判断するにはデータが不十分です成長企業の発掘7D1Y7D1Y7D1YMaterials 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/21 00:27終値2026/05/21 00:00収益2025/12/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Polwax S.A. 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。1 アナリスト機関Kamil KliszczBiuro maklerskie mBanku
お知らせ • May 02Polwax S.A., Annual General Meeting, May 29, 2026Polwax S.A., Annual General Meeting, May 29, 2026, at 11:00 Central European Standard Time.
Reported Earnings • Nov 10Third quarter 2025 earnings released: zł0.012 loss per share (vs zł0.033 loss in 3Q 2024)Third quarter 2025 results: zł0.012 loss per share (improved from zł0.033 loss in 3Q 2024). Revenue: zł54.0m (down 18% from 3Q 2024). Net loss: zł726.0k (loss narrowed 28% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 24% per year, which means it has not declined as severely as earnings.
お知らせ • Nov 06Polwax S.A. to Report Q3, 2025 Results on Nov 06, 2025Polwax S.A. announced that they will report Q3, 2025 results on Nov 06, 2025
Reported Earnings • Sep 12Second quarter 2025 earnings released: EPS: zł0.005 (vs zł0.55 loss in 2Q 2024)Second quarter 2025 results: EPS: zł0.005 (up from zł0.55 loss in 2Q 2024). Revenue: zł13.4m (down 47% from 2Q 2024). Net income: zł283.0k (up zł17.2m from 2Q 2024). Profit margin: 2.1% (up from net loss in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 42 percentage points per year, which is a significant difference in performance.
お知らせ • Aug 21Polwax S.A. to Report First Half, 2025 Results on Sep 11, 2025Polwax S.A. announced that they will report first half, 2025 results on Sep 11, 2025
New Risk • Jul 24New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł28m free cash flow). Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Market cap is less than US$100m (zł90.4m market cap, or US$25.0m).
New Risk • Jun 30New major risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -zł28m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-zł28m free cash flow). Earnings have declined by 1.6% per year over the past 5 years. Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risk Market cap is less than US$100m (zł85.1m market cap, or US$23.6m).
Reported Earnings • May 23First quarter 2025 earnings released: zł0.064 loss per share (vs zł0.16 loss in 1Q 2024)First quarter 2025 results: zł0.064 loss per share (improved from zł0.16 loss in 1Q 2024). Revenue: zł9.46m (down 65% from 1Q 2024). Net loss: zł3.95m (loss narrowed 19% from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 61 percentage points per year, which is a significant difference in performance.
分析記事 • May 15Polwax S.A.'s (WSE:PWX) Share Price Not Quite Adding UpIt's not a stretch to say that Polwax S.A.'s ( WSE:PWX ) price-to-sales (or "P/S") ratio of 0.5x seems quite...
お知らせ • May 08Polwax S.A., Annual General Meeting, Jun 04, 2025Polwax S.A., Annual General Meeting, Jun 04, 2025.
Reported Earnings • Nov 22Third quarter 2024 earnings released: zł0.033 loss per share (vs zł0.073 profit in 3Q 2023)Third quarter 2024 results: zł0.033 loss per share (down from zł0.073 profit in 3Q 2023). Revenue: zł65.8m (down 34% from 3Q 2023). Net loss: zł1.01m (down 145% from profit in 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance.
New Risk • Oct 20New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 100% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (100% increase in shares outstanding). Minor Risk Market cap is less than US$100m (zł101.5m market cap, or US$25.6m).
Reported Earnings • Sep 20Second quarter 2024 earnings released: zł0.55 loss per share (vs zł0.21 loss in 2Q 2023)Second quarter 2024 results: zł0.55 loss per share (further deteriorated from zł0.21 loss in 2Q 2023). Revenue: zł25.3m (down 5.4% from 2Q 2023). Net loss: zł16.9m (loss widened 155% from 2Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance.
お知らせ • Jul 19Polwax S.A. announced that it expects to receive PLN 30.8 million in fundingPolwax SA announced a private placement to issue 30,800,000 Series F Shares at an issue price of PLY 1 per share for the gross proceeds of PLY 30,800,000 on July 18, 2024. The transaction will include participation from new investor MOSTOSTOSTAL ZABRZE .
分析記事 • Jun 09Optimistic Investors Push Polwax S.A. (WSE:PWX) Shares Up 25% But Growth Is LackingPolwax S.A. ( WSE:PWX ) shares have had a really impressive month, gaining 25% after a shaky period beforehand...
New Risk • Jun 07New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 8.7% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (8.7% average weekly change). Market cap is less than US$100m (zł60.9m market cap, or US$15.5m).
Reported Earnings • May 26First quarter 2024 earnings released: zł0.16 loss per share (vs zł0.14 loss in 1Q 2023)First quarter 2024 results: zł0.16 loss per share (further deteriorated from zł0.14 loss in 1Q 2023). Revenue: zł27.2m (down 27% from 1Q 2023). Net loss: zł4.90m (loss widened 10.0% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance.
お知らせ • Apr 26Polwax S.A., Annual General Meeting, May 20, 2024Polwax S.A., Annual General Meeting, May 20, 2024, at 10:00 Central European Standard Time.
Reported Earnings • Apr 13Full year 2023 earnings releasedFull year 2023 results: Revenue: zł252.4m (down 24% from FY 2022). Net loss: zł39.0m (down zł47.4m from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has only fallen by 22% per year, which means it has not declined as severely as earnings.
お知らせ • Jan 10+ 3 more updatesPolwax S.A. to Report Q2, 2024 Results on Sep 19, 2024Polwax S.A. announced that they will report Q2, 2024 results on Sep 19, 2024
分析記事 • Nov 21Polwax (WSE:PWX) Will Be Hoping To Turn Its Returns On Capital AroundIf we're looking to avoid a business that is in decline, what are the trends that can warn us ahead of time? Businesses...
Buying Opportunity • Oct 13Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 14%. The fair value is estimated to be zł2.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 18% over the last 3 years. Meanwhile, the company became loss making.
Reported Earnings • Sep 12Second quarter 2023 earnings released: zł0.21 loss per share (vs zł0.073 profit in 2Q 2022)Second quarter 2023 results: zł0.21 loss per share (down from zł0.073 profit in 2Q 2022). Revenue: zł26.7m (down 55% from 2Q 2022). Net loss: zł6.64m (down 394% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 136% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Buying Opportunity • Sep 07Now 20% undervalued after recent price dropOver the last 90 days, the stock is down 18%. The fair value is estimated to be zł2.94, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Meanwhile, the company has become profitable.
分析記事 • Aug 29Calculating The Fair Value Of Polwax S.A. (WSE:PWX)Key Insights Using the Dividend Discount Model, Polwax fair value estimate is zł2.96 With zł2.40 share price, Polwax...
お知らせ • May 09Polwax S.A., Annual General Meeting, May 24, 2023Polwax S.A., Annual General Meeting, May 24, 2023, at 14:00 Central European Standard Time.
Reported Earnings • Apr 14Full year 2022 earnings released: EPS: zł0.27 (vs zł0.15 in FY 2021)Full year 2022 results: EPS: zł0.27 (up from zł0.15 in FY 2021). Revenue: zł331.2m (up 22% from FY 2021). Net income: zł8.33m (up 74% from FY 2021). Profit margin: 2.5% (up from 1.8% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 121% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings.
お知らせ • Jan 12+ 3 more updatesPolwax S.A. to Report Q3, 2023 Results on Nov 16, 2023Polwax S.A. announced that they will report Q3, 2023 results on Nov 16, 2023
Reported Earnings • Nov 20Third quarter 2022 earnings releasedThird quarter 2022 results: Revenue: zł143.2m (up 61% from 3Q 2021). Net income: zł10.5m (up 228% from 3Q 2021). Profit margin: 7.3% (up from 3.6% in 3Q 2021). The increase in margin was driven by higher revenue.
Reported Earnings • Sep 24Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: zł59.4m (up 79% from 2Q 2021). Net income: zł2.26m (up zł3.36m from 2Q 2021). Profit margin: 3.8% (up from net loss in 2Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
分析記事 • Aug 23Returns On Capital Signal Difficult Times Ahead For Polwax (WSE:PWX)When we're researching a company, it's sometimes hard to find the warning signs, but there are some financial metrics...
Valuation Update With 7 Day Price Move • Aug 22Investor sentiment improved over the past weekAfter last week's 21% share price gain to zł3.65, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 7x in the Chemicals industry in Poland. Total returns to shareholders of 7.8% over the past three years.
Upcoming Dividend • Jun 30Upcoming dividend of zł0.08 per shareEligible shareholders must have bought the stock before 07 July 2022. Payment date: 23 July 2022. Trailing yield: 2.7%. Lower than top quartile of Polish dividend payers (8.0%). Lower than average of industry peers (8.9%).
Reported Earnings • May 26First quarter 2022 earnings released: zł0.055 loss per share (vs zł0.073 loss in 1Q 2021)First quarter 2022 results: zł0.055 loss per share (up from zł0.073 loss in 1Q 2021). Revenue: zł39.5m (up 3.4% from 1Q 2021). Net loss: zł1.71m (loss narrowed 24% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
Reported Earnings • Apr 14Full year 2021 earnings released: EPS: zł0.15 (vs zł0.21 in FY 2020)Full year 2021 results: EPS: zł0.15. Revenue: zł271.9m (up 26% from FY 2020). Net income: zł4.79m (up 58% from FY 2020). Profit margin: 1.8% (up from 1.4% in FY 2020). The increase in margin was driven by higher revenue.
Valuation Update With 7 Day Price Move • Mar 22Investor sentiment improved over the past weekAfter last week's 15% share price gain to zł2.91, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 11x in the Chemicals industry in Poland. Total loss to shareholders of 4.9% over the past three years.
分析記事 • Jan 05Investors Could Be Concerned With Polwax's (WSE:PWX) Returns On CapitalWhat financial metrics can indicate to us that a company is maturing or even in decline? Typically, we'll see the trend...
Reported Earnings • Sep 25Second quarter 2021 earnings released: zł0.036 loss per share (vs zł0.55 loss in 2Q 2020)The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: zł33.2m (up 16% from 2Q 2020). Net loss: zł1.11m (loss narrowed 80% from 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 23% per year, which means it has not declined as severely as earnings.
分析記事 • Sep 15Polwax (WSE:PWX) Will Be Looking To Turn Around Its ReturnsWhen researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...
Reported Earnings • May 29First quarter 2021 earnings released: zł0.073 loss per share (vs zł0.10 loss in 1Q 2020)The company reported a soft first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: zł38.2m (up 4.9% from 1Q 2020). Net loss: zł2.25m (loss widened 108% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 50 percentage points per year, which is a significant difference in performance.
Reported Earnings • Apr 25Full year 2020 earnings releasedThe company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2020 results: Revenue: zł216.5m (flat on FY 2019). Net income: zł3.03m (up zł58.6m from FY 2019). Profit margin: 1.4% (up from net loss in FY 2019). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance.
分析記事 • Jan 05Is Polwax (WSE:PWX) Using Capital Effectively?When researching a stock for investment, what can tell us that the company is in decline? More often than not, we'll...
Is New 90 Day High Low • Dec 15New 90-day high: zł3.62The company is up 32% from its price of zł2.75 on 15 September 2020. The Polish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 5.0% over the same period.
Is New 90 Day High Low • Nov 25New 90-day high: zł3.41The company is up 5.0% from its price of zł3.25 on 27 August 2020. The Polish market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 4.0% over the same period.
Is New 90 Day High Low • Nov 05New 90-day low: zł2.53The company is down 36% from its price of zł3.98 on 06 August 2020. The Polish market is down 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is down 18% over the same period.
Reported Earnings • Oct 01First half earnings releasedOver the last 12 months the company has reported total losses of zł67.2m, with earnings decreasing by zł85.9m from the prior year. Total revenue was zł205.4m over the last 12 months, down 19% from the prior year.