View Financial HealthVRG 배당 및 자사주 매입배당 기준 점검 1/6VRG 은(는) 현재 수익률이 1.64% 인 배당금 지급 회사입니다.핵심 정보1.6%배당 수익률-0.0003%자사주 매입 수익률총 주주 수익률1.6%미래 배당 수익률2.0%배당 성장률n/a다음 배당 지급일n/a배당락일n/a주당 배당금n/a배당 성향n/a최근 배당 및 자사주 매입 업데이트Upcoming Dividend • Sep 12Upcoming dividend of zł0.09 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.9%). Lower than average of industry peers (4.4%).분석 기사 • Aug 19VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09VRG S.A.'s ( WSE:VRG ) dividend is being reduced from last year's payment covering the same period to PLN0.09 on the...분석 기사 • Jul 23VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09VRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...분석 기사 • Jun 26VRG's (WSE:VRG) Shareholders Will Receive A Smaller Dividend Than Last YearVRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...분석 기사 • Jun 12VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last YearVRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...분석 기사 • May 29VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last YearVRG S.A. ( WSE:VRG ) has announced it will be reducing its dividend payable on the 16th of December to PLN0.09, which...모든 업데이트 보기Recent updates공시 • Jan 21+ 3 more updatesVRG S.A. to Report Fiscal Year 2025 Final Results on Apr 24, 2026VRG S.A. announced that they will report fiscal year 2025 final results at 5:30 PM, Central European Standard Time on Apr 24, 2026Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: zł0.05 (vs zł0.043 in 3Q 2024)Third quarter 2025 results: EPS: zł0.05 (up from zł0.043 in 3Q 2024). Revenue: zł345.9m (up 11% from 3Q 2024). Net income: zł12.4m (up 22% from 3Q 2024). Profit margin: 3.6% (up from 3.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.New Risk • Jun 02New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.Reported Earnings • May 23First quarter 2025 earnings released: EPS: zł0.03 (vs zł0.009 in 1Q 2024)First quarter 2025 results: EPS: zł0.03 (up from zł0.009 in 1Q 2024). Revenue: zł293.6m (up 5.5% from 1Q 2024). Net income: zł6.02m (up 172% from 1Q 2024). Profit margin: 2.0% (up from 0.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year.분석 기사 • Feb 25At zł3.80, Is It Time To Put VRG S.A. (WSE:VRG) On Your Watch List?VRG S.A. ( WSE:VRG ), might not be a large cap stock, but it received a lot of attention from a substantial price...Buy Or Sell Opportunity • Feb 10Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at zł3.35. The fair value is estimated to be zł2.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.New Risk • Feb 06New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.공시 • Jan 15+ 3 more updatesVRG S.A. to Report Q3, 2025 Results on Nov 13, 2025VRG S.A. announced that they will report Q3, 2025 results on Nov 13, 2025Buy Or Sell Opportunity • Dec 12Now 20% overvaluedOver the last 90 days, the stock has fallen 5.7% to zł3.29. The fair value is estimated to be zł2.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.Buy Or Sell Opportunity • Nov 18Now 20% overvaluedOver the last 90 days, the stock has fallen 10.0% to zł3.33. The fair value is estimated to be zł2.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 4.5% in the next 2 years.Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: zł0.04 (vs zł0.004 in 3Q 2023)Third quarter 2024 results: EPS: zł0.04 (up from zł0.004 in 3Q 2023). Revenue: zł311.5m (up 4.8% from 3Q 2023). Net income: zł10.1m (up zł9.21m from 3Q 2023). Profit margin: 3.3% (up from 0.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.Upcoming Dividend • Sep 12Upcoming dividend of zł0.09 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.9%). Lower than average of industry peers (4.4%).Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: zł0.12 (vs zł0.20 in 2Q 2023)Second quarter 2024 results: EPS: zł0.12 (down from zł0.20 in 2Q 2023). Revenue: zł340.8m (up 1.6% from 2Q 2023). Net income: zł28.2m (down 41% from 2Q 2023). Profit margin: 8.3% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.분석 기사 • Aug 19VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09VRG S.A.'s ( WSE:VRG ) dividend is being reduced from last year's payment covering the same period to PLN0.09 on the...분석 기사 • Jul 23VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09VRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...Price Target Changed • Jul 15Price target decreased by 8.8% to zł4.13Down from zł4.53, the current price target is an average from 4 analysts. New target price is 15% above last closing price of zł3.58. Stock is down 1.6% over the past year. The company is forecast to post earnings per share of zł0.39 for next year compared to zł0.43 last year.분석 기사 • Jun 26VRG's (WSE:VRG) Shareholders Will Receive A Smaller Dividend Than Last YearVRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...분석 기사 • Jun 12VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last YearVRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...공시 • Jun 06VRG S.A. Provides Consolidated Revenue Guidance for the Month and Year to Date Ended May 2024VRG S.A. provided consolidated revenue guidance for the month and year to date ended May 2024. VRG's consolidated revenues in May likely amounted to PLN 121.6 million (EUR 28.24 million), down by 2.1% year on year.YTD revenues amounted to PLN 506.5 million (EUR 117.61 mln), up 1.3% year on year.공시 • May 31VRG S.A., Annual General Meeting, Jun 26, 2024VRG S.A., Annual General Meeting, Jun 26, 2024.분석 기사 • May 29VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last YearVRG S.A. ( WSE:VRG ) has announced it will be reducing its dividend payable on the 16th of December to PLN0.09, which...Reported Earnings • May 22First quarter 2024 earnings released: EPS: zł0.01 (vs zł0.014 in 1Q 2023)First quarter 2024 results: EPS: zł0.01 (down from zł0.014 in 1Q 2023). Revenue: zł278.2m (up 4.2% from 1Q 2023). Net income: zł2.22m (down 31% from 1Q 2023). Profit margin: 0.8% (down from 1.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.Declared Dividend • May 20Dividend reduced to zł0.09Dividend of zł0.09 is 55% lower than last year. Ex-date: 19th September 2024 Payment date: 16th December 2024 Dividend yield will be 2.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 1.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.공시 • May 19VRG Proposes Cash Dividend, Payable on December 16, 2024VRG announced its management board proposed to pay a dividend of PLN 0.09 (EUR 0.02) per share. An amount of PLN 21.1 million (EUR 4.9 million) from the capital reserve would be used for this purpose. The management board proposed to allocate the profit for 2023, amounting to PLN 28.2 million (EUR 6.6 million), to the reserve capital. Those entitled to the dividend will be the company's shareholders as at September 20, 2024 and the dividend would be paid on December 16, 2024. In 2023, VRG paid a dividend of PLN 0.2 (EUR 0.05) per share.분석 기사 • Apr 13At zł3.51, Is It Time To Put VRG S.A. (WSE:VRG) On Your Watch List?VRG S.A. ( WSE:VRG ), is not the largest company out there, but it saw a decent share price growth of 12% on the WSE...공시 • Apr 04VRG Provides Revenues Guidance for the Month Ended March 2024VRG provided revenues guidance for the month ended March 2024. The company consolidated revenues in March likely amounted to PLN 95.1 million (EUR 22.1 million), up by 6.7 percent year on year.공시 • Jan 13+ 3 more updatesVRG S.A. to Report Q3, 2024 Results on Nov 14, 2024VRG S.A. announced that they will report Q3, 2024 results on Nov 14, 2024Buying Opportunity • Dec 13Now 20% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be zł4.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 75%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings is also forecast to grow by 7.3% per annum over the same time period.Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: zł0.004 (vs zł0.04 in 3Q 2022)Third quarter 2023 results: EPS: zł0.004 (down from zł0.04 in 3Q 2022). Revenue: zł297.1m (down 7.0% from 3Q 2022). Net income: zł937.0k (down 90% from 3Q 2022). Profit margin: 0.3% (down from 2.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in Poland. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.Upcoming Dividend • Sep 12Upcoming dividend of zł0.20 per share at 5.6% yieldEligible shareholders must have bought the stock before 19 September 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of Polish dividend payers (7.6%). Higher than average of industry peers (3.4%).공시 • Sep 03An unknown buyer acquired a 7.23% stake in VRG S.A. (WSE : VRG) from Forum Towarzystwo Funduszy Inwestycyjnych S.A.An unknown buyer acquired a 7.23% stake in VRG S.A. (WSE : VRG) from Forum Towarzystwo Funduszy Inwestycyjnych S.A. on September 1, 2023. An unknown buyer completed the acquisition of a 7.23% stake in VRG S.A. (WSE : VRG) from Forum Towarzystwo Funduszy Inwestycyjnych S.A. on September 1, 2023.Recent Insider Transactions • Aug 30Deputy Chair of the Supervisory Board recently sold zł645k worth of stockOn the 28th of August, Jan Pilch sold around 186k shares on-market at roughly zł3.47 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jan's only on-market trade for the last 12 months.Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: zł0.20 (vs zł0.17 in 2Q 2022)Second quarter 2023 results: EPS: zł0.20 (up from zł0.17 in 2Q 2022). Revenue: zł335.3m (down 1.9% from 2Q 2022). Net income: zł47.7m (up 21% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.공시 • Jun 02VRG S.A., Annual General Meeting, Jun 28, 2023VRG S.A., Annual General Meeting, Jun 28, 2023, at 12:00 Central European Standard Time.Reported Earnings • May 21First quarter 2023 earnings released: EPS: zł0.01 (vs zł0.012 loss in 1Q 2022)First quarter 2023 results: EPS: zł0.01 (up from zł0.012 loss in 1Q 2022). Revenue: zł267.0m (up 9.5% from 1Q 2022). Net income: zł3.22m (up zł6.14m from 1Q 2022). Profit margin: 1.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.Reported Earnings • Apr 06Full year 2022 earnings released: EPS: zł0.40 (vs zł0.28 in FY 2021)Full year 2022 results: EPS: zł0.40 (up from zł0.28 in FY 2021). Revenue: zł1.27b (up 19% from FY 2021). Net income: zł93.0m (up 40% from FY 2021). Profit margin: 7.3% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.Price Target Changed • Mar 17Price target increased by 12% to zł4.02Up from zł3.59, the current price target is an average from 3 analysts. New target price is 22% above last closing price of zł3.30. Stock is down 12% over the past year. The company is forecast to post earnings per share of zł0.36 for next year compared to zł0.28 last year.공시 • Jan 26+ 2 more updatesVRG S.A. to Report First Half, 2023 Results on Aug 24, 2023VRG S.A. announced that they will report first half, 2023 results on Aug 24, 2023Price Target Changed • Nov 16Price target increased to zł4.76Up from zł3.59, the current price target is provided by 1 analyst. New target price is 43% above last closing price of zł3.32. Stock is down 15% over the past year. The company posted earnings per share of zł0.28 last year.Buying Opportunity • Sep 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be zł3.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to decline by 5.9% in the next 2 years.Reported Earnings • Aug 28Second quarter 2022 earnings released: EPS: zł0.17 (vs zł0.098 in 2Q 2021)Second quarter 2022 results: EPS: zł0.17 (up from zł0.098 in 2Q 2021). Revenue: zł341.8m (up 40% from 2Q 2021). Net income: zł39.3m (up 71% from 2Q 2021). Profit margin: 12% (up from 9.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.1%, compared to a 9.8% growth forecast for the Luxury industry in Poland. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.Upcoming Dividend • Jul 07Inaugural dividend of zł0.17 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 29 July 2022. This is the first dividend for VRG since going public. The average dividend yield among industry peers is 1.7%.Reported Earnings • May 20First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: zł243.8m (up 42% from 1Q 2021). Net loss: zł2.91m (loss narrowed 86% from 1Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.3%, compared to a 16% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has remained flat, which means it is well ahead of earnings.Price Target Changed • Apr 27Price target increased to zł4.56Up from zł3.59, the current price target is provided by 1 analyst. New target price is 22% above last closing price of zł3.74. Stock is up 8.7% over the past year. The company is forecast to post earnings per share of zł0.30 for next year compared to zł0.28 last year.Reported Earnings • Apr 10Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: zł0.28 (up from zł0.20 loss in FY 2020). Revenue: zł1.07b (up 25% from FY 2020). Net income: zł66.3m (up zł114.5m from FY 2020). Profit margin: 6.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 14%, compared to a 14% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS zł0.10 (vs zł0.021 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: zł305.0m (up 22% from 3Q 2020). Net income: zł23.7m (up 374% from 3Q 2020). Profit margin: 7.8% (up from 2.0% in 3Q 2020). The increase in margin was driven by higher revenue. 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.Price Target Changed • Oct 01Price target increased to zł4.17Up from zł3.48, the current price target is an average from 3 analysts. New target price is 12% above last closing price of zł3.73. Stock is up 54% over the past year.분석 기사 • Aug 05A Look At The Fair Value Of VRG S.A. (WSE:VRG)Today we will run through one way of estimating the intrinsic value of VRG S.A. ( WSE:VRG ) by taking the expected...Reported Earnings • Jun 01First quarter 2021 earnings released: zł0.086 loss per share (vs zł0.14 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: zł172.1m (down 13% from 1Q 2020). Net loss: zł20.1m (loss narrowed 37% from 1Q 2020). 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.Price Target Changed • May 24Price target increased to zł3.48Up from zł2.84, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of zł3.64. Stock is up 51% over the past year.Reported Earnings • Apr 18Full year 2020 earnings released: zł0.20 loss per share (vs zł0.27 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: zł853.7m (down 20% from FY 2019). Net loss: zł48.2m (down 175% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.분석 기사 • Mar 05A Look At VRG's (WSE:VRG) Share Price ReturnsAs an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock...분석 기사 • Feb 05Is There Now An Opportunity In VRG S.A. (WSE:VRG)?VRG S.A. ( WSE:VRG ), might not be a large cap stock, but it received a lot of attention from a substantial price...공시 • Jan 30+ 3 more updatesVRG S.A. to Report Q3, 2021 Results on Nov 17, 2021VRG S.A. announced that they will report Q3, 2021 results on Nov 17, 2021공시 • Jan 12VRG Announces Resignation of Erwin Bakalarz from Management Board MemberVRG announced that it accepted resignation from management board member Erwin Bakalarz, effective as of January 11.분석 기사 • Dec 31Does VRG (WSE:VRG) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł2.85, the stock is trading at a trailing P/E ratio of 44.4x, up from the previous P/E ratio of 37.4x. This compares to an average P/E of 30x in the Luxury industry in Poland. Total return to shareholders over the past three years is a loss of 33%.Is New 90 Day High Low • Dec 09New 90-day high: zł2.67The company is up 19% from its price of zł2.25 on 10 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 Luxury industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł2.98 per share.Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS zł0.021The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: zł249.4m (flat on 3Q 2019). Net income: zł5.00m (up zł6.82m from 3Q 2019). Profit margin: 2.0% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 0.04%. Earnings per share (EPS) missed analyst estimates by 15%. Over the next year, revenue is forecast to grow 2.0%, compared to a 6.3% growth forecast for the Luxury industry in Poland.Is New 90 Day High Low • Oct 30New 90-day low: zł2.00The company is down 12% from its price of zł2.27 on 31 July 2020. The Polish market is down 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł2.94 per share.공시 • Jul 17VRG S.A. Announces CEO ChangesVRG S.A. announced that the company named Andrzej Jaworski new CEO to replace freshly dismissed to-date helmsman Michal Wojcik.지급의 안정성과 성장배당 데이터 가져오는 중안정적인 배당: VRG 10년 미만 동안 배당금을 지급해 왔으며 이 기간 동안 지급액은 휘발성이었습니다.배당금 증가: VRG 4 년 동안만 배당금을 지급해 왔으며 그 이후 지급액이 감소했습니다.배당 수익률 vs 시장VRG 배당 수익률 vs 시장VRG의 배당 수익률은 시장과 어떻게 비교되나요?구분배당 수익률회사 (VRG)1.6%시장 하위 25% (PL)2.6%시장 상위 25% (PL)7.1%업계 평균 (Luxury)2.2%분석가 예측 (VRG) (최대 3년)2.0%주목할만한 배당금: VRG 의 배당금( 1.64% )은 Polish 시장에서 배당금 지급자의 하위 25%( 2.58% )와 비교해 주목할 만하지 않습니다.고배당: VRG 의 배당금( 1.64% )은 Polish 시장에서 배당금 지급자의 상위 25%( 7.13% )와 비교해 낮습니다.주주 대상 이익 배당수익 보장: 배당금 지급이 수익으로 충당되는지 확인하기 위해 VRG 의 지급 비율을 계산하기에는 데이터가 부족합니다.주주 현금 배당현금 흐름 범위: 현금 지급 비율 ( 10.1% )이 낮기 때문에 VRG 의 배당금 지급은 현금 흐름으로 완전히 충당됩니다.높은 배당을 제공하는 우량 기업 찾기7D1Y7D1Y7D1YPL 시장에서 배당이 강한 기업.View Management기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/21 03:35종가2026/05/21 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스VRG S.A.는 3명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Sylwia JaskiewiczDom Maklerski Banku Ochrony Srodowiska S.A.Piotr BoguszErste Group Bank AGSeweryn ZolyniakMillennium Dom Maklerski Spolka Akcyjna
Upcoming Dividend • Sep 12Upcoming dividend of zł0.09 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.9%). Lower than average of industry peers (4.4%).
분석 기사 • Aug 19VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09VRG S.A.'s ( WSE:VRG ) dividend is being reduced from last year's payment covering the same period to PLN0.09 on the...
분석 기사 • Jul 23VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09VRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...
분석 기사 • Jun 26VRG's (WSE:VRG) Shareholders Will Receive A Smaller Dividend Than Last YearVRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...
분석 기사 • Jun 12VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last YearVRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...
분석 기사 • May 29VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last YearVRG S.A. ( WSE:VRG ) has announced it will be reducing its dividend payable on the 16th of December to PLN0.09, which...
공시 • Jan 21+ 3 more updatesVRG S.A. to Report Fiscal Year 2025 Final Results on Apr 24, 2026VRG S.A. announced that they will report fiscal year 2025 final results at 5:30 PM, Central European Standard Time on Apr 24, 2026
Reported Earnings • Nov 18Third quarter 2025 earnings released: EPS: zł0.05 (vs zł0.043 in 3Q 2024)Third quarter 2025 results: EPS: zł0.05 (up from zł0.043 in 3Q 2024). Revenue: zł345.9m (up 11% from 3Q 2024). Net income: zł12.4m (up 22% from 3Q 2024). Profit margin: 3.6% (up from 3.3% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 5.7% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings.
New Risk • Jun 02New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.4% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
Reported Earnings • May 23First quarter 2025 earnings released: EPS: zł0.03 (vs zł0.009 in 1Q 2024)First quarter 2025 results: EPS: zł0.03 (up from zł0.009 in 1Q 2024). Revenue: zł293.6m (up 5.5% from 1Q 2024). Net income: zł6.02m (up 172% from 1Q 2024). Profit margin: 2.0% (up from 0.8% in 1Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 6.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has remained flat whereas the company’s share price has fallen by 2% per year.
분석 기사 • Feb 25At zł3.80, Is It Time To Put VRG S.A. (WSE:VRG) On Your Watch List?VRG S.A. ( WSE:VRG ), might not be a large cap stock, but it received a lot of attention from a substantial price...
Buy Or Sell Opportunity • Feb 10Now 23% overvaluedThe stock has been flat over the last 90 days, currently trading at zł3.35. The fair value is estimated to be zł2.72, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.
New Risk • Feb 06New minor risk - Dividend sustainabilityThe company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 2.8% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. This is currently the only risk that has been identified for the company.
공시 • Jan 15+ 3 more updatesVRG S.A. to Report Q3, 2025 Results on Nov 13, 2025VRG S.A. announced that they will report Q3, 2025 results on Nov 13, 2025
Buy Or Sell Opportunity • Dec 12Now 20% overvaluedOver the last 90 days, the stock has fallen 5.7% to zł3.29. The fair value is estimated to be zł2.74, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 17%. For the next 3 years, revenue is forecast to grow by 4.5% per annum. Earnings are also forecast to grow by 2.8% per annum over the same time period.
Buy Or Sell Opportunity • Nov 18Now 20% overvaluedOver the last 90 days, the stock has fallen 10.0% to zł3.33. The fair value is estimated to be zł2.77, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 7.9% over the last 3 years. Earnings per share has grown by 17%. Revenue is forecast to grow by 16% in 2 years. Earnings are forecast to grow by 4.5% in the next 2 years.
Reported Earnings • Nov 17Third quarter 2024 earnings released: EPS: zł0.04 (vs zł0.004 in 3Q 2023)Third quarter 2024 results: EPS: zł0.04 (up from zł0.004 in 3Q 2023). Revenue: zł311.5m (up 4.8% from 3Q 2023). Net income: zł10.1m (up zł9.21m from 3Q 2023). Profit margin: 3.3% (up from 0.3% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 7.4% p.a. on average during the next 3 years, compared to a 6.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Sep 12Upcoming dividend of zł0.09 per shareEligible shareholders must have bought the stock before 19 September 2024. Payment date: 16 December 2024. Payout ratio is a comfortable 26% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Polish dividend payers (7.9%). Lower than average of industry peers (4.4%).
Reported Earnings • Aug 25Second quarter 2024 earnings released: EPS: zł0.12 (vs zł0.20 in 2Q 2023)Second quarter 2024 results: EPS: zł0.12 (down from zł0.20 in 2Q 2023). Revenue: zł340.8m (up 1.6% from 2Q 2023). Net income: zł28.2m (down 41% from 2Q 2023). Profit margin: 8.3% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.5% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 33% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
분석 기사 • Aug 19VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09VRG S.A.'s ( WSE:VRG ) dividend is being reduced from last year's payment covering the same period to PLN0.09 on the...
분석 기사 • Jul 23VRG (WSE:VRG) Has Announced That Its Dividend Will Be Reduced To PLN0.09VRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...
Price Target Changed • Jul 15Price target decreased by 8.8% to zł4.13Down from zł4.53, the current price target is an average from 4 analysts. New target price is 15% above last closing price of zł3.58. Stock is down 1.6% over the past year. The company is forecast to post earnings per share of zł0.39 for next year compared to zł0.43 last year.
분석 기사 • Jun 26VRG's (WSE:VRG) Shareholders Will Receive A Smaller Dividend Than Last YearVRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...
분석 기사 • Jun 12VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last YearVRG S.A. ( WSE:VRG ) has announced that on 16th of December, it will be paying a dividend ofPLN0.09, which a reduction...
공시 • Jun 06VRG S.A. Provides Consolidated Revenue Guidance for the Month and Year to Date Ended May 2024VRG S.A. provided consolidated revenue guidance for the month and year to date ended May 2024. VRG's consolidated revenues in May likely amounted to PLN 121.6 million (EUR 28.24 million), down by 2.1% year on year.YTD revenues amounted to PLN 506.5 million (EUR 117.61 mln), up 1.3% year on year.
공시 • May 31VRG S.A., Annual General Meeting, Jun 26, 2024VRG S.A., Annual General Meeting, Jun 26, 2024.
분석 기사 • May 29VRG (WSE:VRG) Is Paying Out Less In Dividends Than Last YearVRG S.A. ( WSE:VRG ) has announced it will be reducing its dividend payable on the 16th of December to PLN0.09, which...
Reported Earnings • May 22First quarter 2024 earnings released: EPS: zł0.01 (vs zł0.014 in 1Q 2023)First quarter 2024 results: EPS: zł0.01 (down from zł0.014 in 1Q 2023). Revenue: zł278.2m (up 4.2% from 1Q 2023). Net income: zł2.22m (down 31% from 1Q 2023). Profit margin: 0.8% (down from 1.2% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 7.5% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
Declared Dividend • May 20Dividend reduced to zł0.09Dividend of zł0.09 is 55% lower than last year. Ex-date: 19th September 2024 Payment date: 16th December 2024 Dividend yield will be 2.6%, which is lower than the industry average of 2.8%. Sustainability & Growth Dividend is well covered by both earnings (47% earnings payout ratio) and cash flows (27% cash payout ratio). The dividend has increased by an average of 8.5% per year over the past 2 years and payments have been stable during that time. EPS is expected to grow by 1.3% over the next 3 years, which should provide support to the dividend and adequate earnings cover.
공시 • May 19VRG Proposes Cash Dividend, Payable on December 16, 2024VRG announced its management board proposed to pay a dividend of PLN 0.09 (EUR 0.02) per share. An amount of PLN 21.1 million (EUR 4.9 million) from the capital reserve would be used for this purpose. The management board proposed to allocate the profit for 2023, amounting to PLN 28.2 million (EUR 6.6 million), to the reserve capital. Those entitled to the dividend will be the company's shareholders as at September 20, 2024 and the dividend would be paid on December 16, 2024. In 2023, VRG paid a dividend of PLN 0.2 (EUR 0.05) per share.
분석 기사 • Apr 13At zł3.51, Is It Time To Put VRG S.A. (WSE:VRG) On Your Watch List?VRG S.A. ( WSE:VRG ), is not the largest company out there, but it saw a decent share price growth of 12% on the WSE...
공시 • Apr 04VRG Provides Revenues Guidance for the Month Ended March 2024VRG provided revenues guidance for the month ended March 2024. The company consolidated revenues in March likely amounted to PLN 95.1 million (EUR 22.1 million), up by 6.7 percent year on year.
공시 • Jan 13+ 3 more updatesVRG S.A. to Report Q3, 2024 Results on Nov 14, 2024VRG S.A. announced that they will report Q3, 2024 results on Nov 14, 2024
Buying Opportunity • Dec 13Now 20% undervaluedOver the last 90 days, the stock is up 1.1%. The fair value is estimated to be zł4.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 16% over the last 3 years. Earnings per share has grown by 75%. For the next 3 years, revenue is forecast to grow by 9.0% per annum. Earnings is also forecast to grow by 7.3% per annum over the same time period.
Reported Earnings • Nov 17Third quarter 2023 earnings released: EPS: zł0.004 (vs zł0.04 in 3Q 2022)Third quarter 2023 results: EPS: zł0.004 (down from zł0.04 in 3Q 2022). Revenue: zł297.1m (down 7.0% from 3Q 2022). Net income: zł937.0k (down 90% from 3Q 2022). Profit margin: 0.3% (down from 2.9% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 15% growth forecast for the Luxury industry in Poland. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
Upcoming Dividend • Sep 12Upcoming dividend of zł0.20 per share at 5.6% yieldEligible shareholders must have bought the stock before 19 September 2023. Payment date: 15 December 2023. Payout ratio is a comfortable 44% and this is well supported by cash flows. Trailing yield: 5.6%. Lower than top quartile of Polish dividend payers (7.6%). Higher than average of industry peers (3.4%).
공시 • Sep 03An unknown buyer acquired a 7.23% stake in VRG S.A. (WSE : VRG) from Forum Towarzystwo Funduszy Inwestycyjnych S.A.An unknown buyer acquired a 7.23% stake in VRG S.A. (WSE : VRG) from Forum Towarzystwo Funduszy Inwestycyjnych S.A. on September 1, 2023. An unknown buyer completed the acquisition of a 7.23% stake in VRG S.A. (WSE : VRG) from Forum Towarzystwo Funduszy Inwestycyjnych S.A. on September 1, 2023.
Recent Insider Transactions • Aug 30Deputy Chair of the Supervisory Board recently sold zł645k worth of stockOn the 28th of August, Jan Pilch sold around 186k shares on-market at roughly zł3.47 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Jan's only on-market trade for the last 12 months.
Reported Earnings • Aug 28Second quarter 2023 earnings released: EPS: zł0.20 (vs zł0.17 in 2Q 2022)Second quarter 2023 results: EPS: zł0.20 (up from zł0.17 in 2Q 2022). Revenue: zł335.3m (down 1.9% from 2Q 2022). Net income: zł47.7m (up 21% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). The increase in margin was driven by lower expenses. Revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 7.9% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth.
공시 • Jun 02VRG S.A., Annual General Meeting, Jun 28, 2023VRG S.A., Annual General Meeting, Jun 28, 2023, at 12:00 Central European Standard Time.
Reported Earnings • May 21First quarter 2023 earnings released: EPS: zł0.01 (vs zł0.012 loss in 1Q 2022)First quarter 2023 results: EPS: zł0.01 (up from zł0.012 loss in 1Q 2022). Revenue: zł267.0m (up 9.5% from 1Q 2022). Net income: zł3.22m (up zł6.14m from 1Q 2022). Profit margin: 1.2% (up from net loss in 1Q 2022). The move to profitability was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 75% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Apr 06Full year 2022 earnings released: EPS: zł0.40 (vs zł0.28 in FY 2021)Full year 2022 results: EPS: zł0.40 (up from zł0.28 in FY 2021). Revenue: zł1.27b (up 19% from FY 2021). Net income: zł93.0m (up 40% from FY 2021). Profit margin: 7.3% (up from 6.2% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.5% p.a. on average during the next 3 years, compared to a 7.4% growth forecast for the Luxury industry in Europe. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
Price Target Changed • Mar 17Price target increased by 12% to zł4.02Up from zł3.59, the current price target is an average from 3 analysts. New target price is 22% above last closing price of zł3.30. Stock is down 12% over the past year. The company is forecast to post earnings per share of zł0.36 for next year compared to zł0.28 last year.
공시 • Jan 26+ 2 more updatesVRG S.A. to Report First Half, 2023 Results on Aug 24, 2023VRG S.A. announced that they will report first half, 2023 results on Aug 24, 2023
Price Target Changed • Nov 16Price target increased to zł4.76Up from zł3.59, the current price target is provided by 1 analyst. New target price is 43% above last closing price of zł3.32. Stock is down 15% over the past year. The company posted earnings per share of zł0.28 last year.
Buying Opportunity • Sep 06Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 22%. The fair value is estimated to be zł3.97, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.3% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 14% in 2 years. Earnings is forecast to decline by 5.9% in the next 2 years.
Reported Earnings • Aug 28Second quarter 2022 earnings released: EPS: zł0.17 (vs zł0.098 in 2Q 2021)Second quarter 2022 results: EPS: zł0.17 (up from zł0.098 in 2Q 2021). Revenue: zł341.8m (up 40% from 2Q 2021). Net income: zł39.3m (up 71% from 2Q 2021). Profit margin: 12% (up from 9.4% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 7.1%, compared to a 9.8% growth forecast for the Luxury industry in Poland. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings.
Upcoming Dividend • Jul 07Inaugural dividend of zł0.17 per shareEligible shareholders must have bought the stock before 14 July 2022. Payment date: 29 July 2022. This is the first dividend for VRG since going public. The average dividend yield among industry peers is 1.7%.
Reported Earnings • May 20First quarter 2022 earnings: Revenues in line with analyst expectationsFirst quarter 2022 results: Revenue: zł243.8m (up 42% from 1Q 2021). Net loss: zł2.91m (loss narrowed 86% from 1Q 2021). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 9.3%, compared to a 16% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has remained flat, which means it is well ahead of earnings.
Price Target Changed • Apr 27Price target increased to zł4.56Up from zł3.59, the current price target is provided by 1 analyst. New target price is 22% above last closing price of zł3.74. Stock is up 8.7% over the past year. The company is forecast to post earnings per share of zł0.30 for next year compared to zł0.28 last year.
Reported Earnings • Apr 10Full year 2021 earnings: EPS misses analyst expectationsFull year 2021 results: EPS: zł0.28 (up from zł0.20 loss in FY 2020). Revenue: zł1.07b (up 25% from FY 2020). Net income: zł66.3m (up zł114.5m from FY 2020). Profit margin: 6.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 100%. Over the next year, revenue is forecast to grow 14%, compared to a 14% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings.
Reported Earnings • Nov 18Third quarter 2021 earnings released: EPS zł0.10 (vs zł0.021 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: zł305.0m (up 22% from 3Q 2020). Net income: zł23.7m (up 374% from 3Q 2020). Profit margin: 7.8% (up from 2.0% in 3Q 2020). The increase in margin was driven by higher revenue. 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.
Price Target Changed • Oct 01Price target increased to zł4.17Up from zł3.48, the current price target is an average from 3 analysts. New target price is 12% above last closing price of zł3.73. Stock is up 54% over the past year.
분석 기사 • Aug 05A Look At The Fair Value Of VRG S.A. (WSE:VRG)Today we will run through one way of estimating the intrinsic value of VRG S.A. ( WSE:VRG ) by taking the expected...
Reported Earnings • Jun 01First quarter 2021 earnings released: zł0.086 loss per share (vs zł0.14 loss in 1Q 2020)The company reported a decent first quarter result with reduced losses and improved control over expenses, although revenues were weaker. First quarter 2021 results: Revenue: zł172.1m (down 13% from 1Q 2020). Net loss: zł20.1m (loss narrowed 37% from 1Q 2020). 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.
Price Target Changed • May 24Price target increased to zł3.48Up from zł2.84, the current price target is an average from 2 analysts. New target price is approximately in line with last closing price of zł3.64. Stock is up 51% over the past year.
Reported Earnings • Apr 18Full year 2020 earnings released: zł0.20 loss per share (vs zł0.27 profit in FY 2019)The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: zł853.7m (down 20% from FY 2019). Net loss: zł48.2m (down 175% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings.
분석 기사 • Mar 05A Look At VRG's (WSE:VRG) Share Price ReturnsAs an investor its worth striving to ensure your overall portfolio beats the market average. But the risk of stock...
분석 기사 • Feb 05Is There Now An Opportunity In VRG S.A. (WSE:VRG)?VRG S.A. ( WSE:VRG ), might not be a large cap stock, but it received a lot of attention from a substantial price...
공시 • Jan 30+ 3 more updatesVRG S.A. to Report Q3, 2021 Results on Nov 17, 2021VRG S.A. announced that they will report Q3, 2021 results on Nov 17, 2021
공시 • Jan 12VRG Announces Resignation of Erwin Bakalarz from Management Board MemberVRG announced that it accepted resignation from management board member Erwin Bakalarz, effective as of January 11.
분석 기사 • Dec 31Does VRG (WSE:VRG) Have A Healthy Balance Sheet?Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Valuation Update With 7 Day Price Move • Dec 15Investor sentiment improved over the past weekAfter last week's 19% share price gain to zł2.85, the stock is trading at a trailing P/E ratio of 44.4x, up from the previous P/E ratio of 37.4x. This compares to an average P/E of 30x in the Luxury industry in Poland. Total return to shareholders over the past three years is a loss of 33%.
Is New 90 Day High Low • Dec 09New 90-day high: zł2.67The company is up 19% from its price of zł2.25 on 10 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 Luxury industry, which is up 6.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł2.98 per share.
Reported Earnings • Nov 11Third quarter 2020 earnings released: EPS zł0.021The company reported a decent third quarter result with improved earnings and profit margins, although revenues were flat. Third quarter 2020 results: Revenue: zł249.4m (flat on 3Q 2019). Net income: zł5.00m (up zł6.82m from 3Q 2019). Profit margin: 2.0% (up from net loss in 3Q 2019). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 11Revenue beats expectations, earnings disappointRevenue exceeded analyst estimates by 0.04%. Earnings per share (EPS) missed analyst estimates by 15%. Over the next year, revenue is forecast to grow 2.0%, compared to a 6.3% growth forecast for the Luxury industry in Poland.
Is New 90 Day High Low • Oct 30New 90-day low: zł2.00The company is down 12% from its price of zł2.27 on 31 July 2020. The Polish market is down 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is down 22% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł2.94 per share.
공시 • Jul 17VRG S.A. Announces CEO ChangesVRG S.A. announced that the company named Andrzej Jaworski new CEO to replace freshly dismissed to-date helmsman Michal Wojcik.