View ValuationThis company listing is no longer activeThis company may still be operating, however this listing is no longer active. Find out why through their latest events.See Latest EventsCiech 향후 성장Future 기준 점검 1/6Ciech 의 수익은 연간 2.4% 감소할 것으로 예상되는 반면, 연간 수익은 4.8% 로 증가할 것으로 예상됩니다. EPS는 연간 9% 만큼 쇠퇴할 것으로 예상됩니다. 자기자본이익률은 3년 후 7.8% 로 예상됩니다.핵심 정보4.8%이익 성장률-8.97%EPS 성장률Chemicals 이익 성장20.8%매출 성장률-2.4%향후 자기자본이익률7.77%애널리스트 커버리지Low마지막 업데이트25 Oct 2023최근 향후 성장 업데이트Price Target Changed • Feb 15Price target increased by 11% to zł50.20Up from zł45.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of zł51.15. Stock is up 18% over the past year. The company is forecast to post earnings per share of zł8.65 for next year compared to zł4.37 last year.Major Estimate Revision • Jan 22Consensus EPS estimates increase by 43%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from zł5.22b to zł5.32b. EPS estimate increased from zł6.16 to zł8.82 per share. Net income forecast to grow 23% next year vs 1.9% decline forecast for Chemicals industry in Poland. Consensus price target broadly unchanged at zł45.36. Share price rose 6.5% to zł46.54 over the past week.Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł4.66b to zł5.14b. EPS estimate unchanged from zł6.16 at last update. Chemicals industry in Poland expected to see average net income growth of 2.8% next year. Consensus price target down from zł48.62 to zł44.88. Share price rose 3.4% to zł35.50 over the past week.Price Target Changed • Nov 05Price target decreased to zł46.18Down from zł51.89, the current price target is an average from 5 analysts. New target price is 33% above last closing price of zł34.80. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of zł5.77 for next year compared to zł4.37 last year.Price Target Changed • Apr 27Price target increased to zł49.25Up from zł45.85, the current price target is an average from 5 analysts. New target price is 21% above last closing price of zł40.56. Stock is up 0.8% over the past year. The company is forecast to post earnings per share of zł4.63 for next year compared to zł4.37 last year.Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 12% next year. Consensus price target up from zł45.85 to zł49.25. Share price fell 3.7% to zł40.56 over the past week.모든 업데이트 보기Recent updates공지 • Jan 31+ 2 more updatesCiech S.A. to Report Q3, 2024 Results on Nov 15, 2024Ciech S.A. announced that they will report Q3, 2024 results on Nov 15, 2024공지 • Nov 09Ki Chemistry S.à R.L. completed the acquisition of remaining 22.3% stake in Ciech S.A. (WSE:CIE).Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million on September 18, 2023. KI Chemistry intends to acquire up to 11.75 million shares in CIECH for PLN 54.25 offer per share representing approximately 22.3% of the company's share capital and thus increase its share to 100%. Acceptance of sales offers starts on September 18, 2023 and will last until September 25, 2023. The expected date of settlement of the transaction and purchase of shares is September 28, 2023. If the transaction settles the threshold of at least 95% of the total number of votes at the general meeting of CIECH, KI Chemistry intends to carry out a compulsory buyout of shares belonging to the remaining shareholders, and then delist the company's shares from stock exchange trading. As on September 29, 2023, Ki Chemistry has bought 14.75% of Ciech through the regulated market. Ki Chemistry now holds 92.45%. Ki Chemistry S.à R.L. completed the acquisition of remaining 22.3% stake in Ciech S.A. (WSE:CIE) on November 7, 2023. KI Chemistry announced a procedure of squeeze-out of minority shareholders after owning 2.41 million of shares or 4.57% in Ciech. The compulsory squeeze-out will be launched on November 7, 2023 with the redemption date set on November 17, 2023.공지 • Oct 18KI Chemistry One Step Closer to Delisting CiechThe minority shareholders of Ciech S.A. have sold 2.98% of Ciech shares to KI Chemistry, a unit of the Kulczyk Investments group controlled by Sebastian Kulczyk. Following the transactions, KI Chemistry's share in Ciech's share capital has increased from 92.45% to 95.43%, as a result of which the company has reaffirmed its intention to proceed with the squeeze-out and then delist Ciech from the Warsaw Stock Exchange (GPW).공지 • Oct 01KI Chemistry Plans to Withdraw Ciech from the Warsaw Stock ExchangeKI Chemistry, a company from Kulczyk Investments Group which owns 92.45% of Ciech shares, intends to withdraw the chemical company from the Warsaw Stock Exchange (GPW). Minority shareholders will have another opportunity to sell their shares to a strategic investor for PLN 54.25 each under the share sale invitation announced on September 29, 2023. Sales offers will be accepted from October 4, 2023 to October 10, 2023. In case KI Chemistry reaches a threshold of at least 95% of the total number of votes at the General Meeting of Ciech S.A. as a result of the transaction settlement, KI Chemistry plans to conduct a compulsory buyout of shares belonging to the remaining shareholders.공지 • Sep 20Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million.Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million on September 18, 2023. KI Chemistry intends to acquire up to 11.75 million shares in CIECH for PLN 54.25 offer per share representing approximately 22.3% of the company's share capital and thus increase its share to 100%. Acceptance of sales offers starts on September 18 and will last until September 25. The expected date of settlement of the transaction and purchase of shares is September 28, 2023. If the transaction settles the threshold of at least 95% of the total number of votes at the general meeting of CIECH, KI Chemistry intends to carry out a compulsory buyout of shares belonging to the remaining shareholders, and then delist the company's shares from stock exchange trading.공지 • Jun 23Ciech Chemicals Shareholders Approve Additional Dividend, Payable on July 17, 2023Ciech chemicals shareholders approved an additional dividend payout at PLN 5.75 DPS on top of PLN 1.5 in already paid advance dividend. The decision is in line with an earlier offer to minority shareholders by leading shareholder KI Chemistry. Rights to the dividend will be set on June 27 and the payment will be made on July 17.공지 • May 27Ciech S.A., Annual General Meeting, Jun 22, 2023Ciech S.A., Annual General Meeting, Jun 22, 2023, at 16:00 Central European Standard Time.공지 • May 26+ 1 more updateCiech Announces Board ChangesCiech appointed Marcin Puziak as a new management board member, following resignation of Jaroslaw Romanowski.공지 • Feb 16Kulczyk Investment Group Moots Plan to Delist Ciech from the Warsaw Stock ExchangeKulczyk Investment Group announced a plan on February 13 to run a tender offer to increase its share in chemical producer Ciech S.A. (WSE:CIE) from the current 51% to 100% and delist the company from the Warsaw Stock Exchange. The plan will be carried out via Ciech's key shareholder Ki Chemistry S.à R.L., which is owned by Kulczyk Investment Group. KI Chemistry said that it plans to buy 25.7 million Ciech shares at PLN 49 (€10.26) per share. Ciech shares surged 7.2% to PLN 51 at the end of the day's trading on February 13. At midday of February 14, the company's stocks were down 0.29% to PLN 50.85. KI Chemistry said in a statement that it plans to announce the tender offer in the first half of March.Price Target Changed • Feb 15Price target increased by 11% to zł50.20Up from zł45.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of zł51.15. Stock is up 18% over the past year. The company is forecast to post earnings per share of zł8.65 for next year compared to zł4.37 last year.분석 기사 • Jan 24There Are Reasons To Feel Uneasy About Ciech's (WSE:CIE) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...Major Estimate Revision • Jan 22Consensus EPS estimates increase by 43%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from zł5.22b to zł5.32b. EPS estimate increased from zł6.16 to zł8.82 per share. Net income forecast to grow 23% next year vs 1.9% decline forecast for Chemicals industry in Poland. Consensus price target broadly unchanged at zł45.36. Share price rose 6.5% to zł46.54 over the past week.공지 • Jan 20+ 3 more updatesCiech S.A. to Report Q3, 2023 Results on Nov 16, 2023Ciech S.A. announced that they will report Q3, 2023 results on Nov 16, 2023Buying Opportunity • Dec 15Now 22% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be zł53.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 2.9% per annum. Earnings is also forecast to decline by 9.9% per annum over the same time period.Upcoming Dividend • Dec 14Upcoming dividend of zł1.50 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 29 December 2022. Trailing yield: 7.1%. Lower than top quartile of Polish dividend payers (8.6%). Lower than average of industry peers (8.7%).분석 기사 • Dec 01Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...Reported Earnings • Nov 30Third quarter 2022 earnings released: EPS: zł1.62 (vs zł0.79 in 3Q 2021)Third quarter 2022 results: EPS: zł1.62 (up from zł0.79 in 3Q 2021). Revenue: zł1.41b (up 82% from 3Q 2021). Net income: zł85.3m (up 105% from 3Q 2021). Profit margin: 6.1% (up from 5.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Europe are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł4.66b to zł5.14b. EPS estimate unchanged from zł6.16 at last update. Chemicals industry in Poland expected to see average net income growth of 2.8% next year. Consensus price target down from zł48.62 to zł44.88. Share price rose 3.4% to zł35.50 over the past week.분석 기사 • Nov 12Need To Know: Analysts Are Much More Bullish On Ciech S.A. (WSE:CIE) RevenuesCelebrations may be in order for Ciech S.A. ( WSE:CIE ) shareholders, with the analysts delivering a significant...Price Target Changed • Nov 05Price target decreased to zł46.18Down from zł51.89, the current price target is an average from 5 analysts. New target price is 33% above last closing price of zł34.80. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of zł5.77 for next year compared to zł4.37 last year.분석 기사 • Sep 02Is Ciech S.A. (WSE:CIE) Trading At A 42% Discount?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Ciech S.A. ( WSE:CIE...Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: zł0.85 (vs zł0.29 in 2Q 2021)Second quarter 2022 results: EPS: zł0.85 (up from zł0.29 in 2Q 2021). Revenue: zł1.24b (up 48% from 2Q 2021). Net income: zł44.9m (up 194% from 2Q 2021). Profit margin: 3.6% (up from 1.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.0%, compared to a 13% growth forecast for the Chemicals industry in Poland. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.분석 기사 • Jul 21At zł38.50, Is Ciech S.A. (WSE:CIE) Worth Looking At Closely?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a decent share price growth in the teens level...Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł38.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Chemicals industry in Europe. Total loss to shareholders of 3.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł58.38 per share.Reported Earnings • May 20First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: zł1.98 (down from zł2.18 in 1Q 2021). Revenue: zł1.24b (up 44% from 1Q 2021). Net income: zł104.3m (down 9.0% from 1Q 2021). Profit margin: 8.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 9.0%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.Price Target Changed • Apr 27Price target increased to zł49.25Up from zł45.85, the current price target is an average from 5 analysts. New target price is 21% above last closing price of zł40.56. Stock is up 0.8% over the past year. The company is forecast to post earnings per share of zł4.63 for next year compared to zł4.37 last year.Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 12% next year. Consensus price target up from zł45.85 to zł49.25. Share price fell 3.7% to zł40.56 over the past week.분석 기사 • Apr 22Growth Investors: Industry Analysts Just Upgraded Their Ciech S.A. (WSE:CIE) Revenue Forecasts By 19%Shareholders in Ciech S.A. ( WSE:CIE ) may be thrilled to learn that the analysts have just delivered a major upgrade...Price Target Changed • Apr 21Price target increased to zł49.25Up from zł45.85, the current price target is an average from 6 analysts. New target price is 17% above last closing price of zł42.10. Stock is up 12% over the past year. The company is forecast to post earnings per share of zł3.93 for next year compared to zł4.37 last year.Major Estimate Revision • Apr 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 11% next year. Consensus price target up from zł42.70 to zł45.86. Share price fell 5.4% to zł42.10 over the past week.Reported Earnings • Mar 31Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: zł5.55 (up from zł2.36 in FY 2020). Revenue: zł3.46b (up 16% from FY 2020). Net income: zł292.4m (up 135% from FY 2020). Profit margin: 8.5% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 14% growth forecast for the industry in Poland. 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 7% per year, which means it is significantly lagging earnings.분석 기사 • Feb 24Estimating The Intrinsic Value Of Ciech S.A. (WSE:CIE)In this article we are going to estimate the intrinsic value of Ciech S.A. ( WSE:CIE ) by taking the forecast future...Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to zł35.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Chemicals industry in Europe. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł45.06 per share.Buying Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be zł45.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.분석 기사 • Jan 24Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?While Ciech S.A. ( WSE:CIE ) might not be the most widely known stock at the moment, it saw a decent share price growth...Reported Earnings • Nov 28Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2021 results: EPS: zł0.79 (up from zł0.70 in 3Q 2020). Revenue: zł772.1m (up 12% from 3Q 2020). Net income: zł41.6m (up 13% from 3Q 2020). Profit margin: 5.4% (in line with 3Q 2020). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Earnings per share (EPS) surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 5.5%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.분석 기사 • Oct 23Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?While Ciech S.A. ( WSE:CIE ) might not be the most widely known stock at the moment, it saw significant share price...Price Target Changed • Sep 24Price target increased to zł47.41Up from zł42.53, the current price target is an average from 5 analysts. New target price is 9.5% above last closing price of zł43.30. Stock is up 66% over the past year.Reported Earnings • Sep 24Second quarter 2021 earnings released: EPS zł0.29 (vs zł0.082 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł834.7m (up 21% from 2Q 2020). Net income: zł15.3m (up zł19.8m from 2Q 2020). Profit margin: 1.8% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.분석 기사 • Sep 21A Look At The Fair Value Of Ciech S.A. (WSE:CIE)Today we will run through one way of estimating the intrinsic value of Ciech S.A. ( WSE:CIE ) by taking the expected...분석 기사 • Sep 04Ciech (WSE:CIE) Might Be Having Difficulty Using Its Capital EffectivelyDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...Price Target Changed • Aug 01Price target increased to zł46.51Up from zł42.53, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of zł47.85. Stock is up 56% over the past year.Upcoming Dividend • Jun 22Upcoming dividend of zł3.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 July 2021. Trailing yield: 6.3%. Within top quartile of Polish dividend payers (5.9%). Higher than average of industry peers (2.3%).분석 기사 • Jun 09Is There Now An Opportunity In Ciech S.A. (WSE:CIE)?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a significant share price rise of over 20% in...Reported Earnings • May 28First quarter 2021 earnings released: EPS zł2.18 (vs zł0.77 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł861.1m (up 9.1% from 1Q 2020). Net income: zł114.6m (up 197% from 1Q 2020). Profit margin: 13% (up from 4.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.분석 기사 • May 27Ciech (WSE:CIE) Use Of Debt Could Be Considered RiskyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...분석 기사 • May 14Estimating The Fair Value Of Ciech S.A. (WSE:CIE)Today we will run through one way of estimating the intrinsic value of Ciech S.A. ( WSE:CIE ) by estimating the...Reported Earnings • Apr 25Full year 2020 earnings released: EPS zł2.36 (vs zł2.02 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: zł2.98b (down 8.2% from FY 2019). Net income: zł124.4m (up 17% from FY 2019). Profit margin: 4.2% (up from 3.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.분석 기사 • Apr 05Returns On Capital Signal Tricky Times Ahead For Ciech (WSE:CIE)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...분석 기사 • Mar 18If You Had Bought Ciech's (WSE:CIE) Shares Five Years Ago You Would Be Down 50%While not a mind-blowing move, it is good to see that the Ciech S.A. ( WSE:CIE ) share price has gained 19% in the last...Is New 90 Day High Low • Mar 05New 90-day high: zł35.80The company is up 20% from its price of zł29.95 on 04 December 2020. The Polish market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł40.35 per share.분석 기사 • Mar 02What Does Ciech S.A.'s (WSE:CIE) Share Price Indicate?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a decent share price growth in the teens level...분석 기사 • Feb 16Ciech S.A.'s (WSE:CIE) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?Most readers would already be aware that Ciech's (WSE:CIE) stock increased significantly by 13% over the past three...분석 기사 • Feb 03Is There An Opportunity With Ciech S.A.'s (WSE:CIE) 26% Undervaluation?How far off is Ciech S.A. ( WSE:CIE ) from its intrinsic value? Using the most recent financial data, we'll take a look...분석 기사 • Jan 18What Is The Ownership Structure Like For Ciech S.A. (WSE:CIE)?A look at the shareholders of Ciech S.A. ( WSE:CIE ) can tell us which group is most powerful. Insiders often own a...Is New 90 Day High Low • Jan 07New 90-day high: zł35.05The company is up 31% from its price of zł26.75 on 09 October 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł45.03 per share.분석 기사 • Jan 05Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...분석 기사 • Dec 23Should You Use Ciech's (WSE:CIE) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...분석 기사 • Dec 08How Much Did Ciech's(WSE:CIE) Shareholders Earn From Share Price Movements Over The Last Five Years?Generally speaking long term investing is the way to go. But that doesn't mean long term investors can avoid big...Major Estimate Revision • Dec 03Analysts lower EPS estimates to zł2.77The 2020 consensus revenue estimate was lowered from zł3.34b to zł3.16b. Earning per share (EPS) estimate was also lowered from zł3.51 to zł2.77 for the same period. Net income is expected to grow by 55% next year compared to 19% growth forecast for the Chemicals industry in Poland. The consensus price target was lowered from zł39.03 to zł38.53. Share price is down by 3.8% to zł30.00 over the past week.분석 기사 • Nov 22What Do The Returns On Capital At Ciech (WSE:CIE) Tell Us?If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...Reported Earnings • Nov 20Third quarter 2020 earnings released: EPS zł0.70The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: zł690.5m (down 19% from 3Q 2019). Net income: zł37.0m (up zł36.1m from 3Q 2019). Profit margin: 5.4% (up from 0.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.Analyst Estimate Surprise Post Earnings • Nov 20Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 8.4% while the growth in Chemicals industry in Poland is expected to stay flat.Is New 90 Day High Low • Nov 19New 90-day high: zł33.00The company is up 9.0% from its price of zł30.40 on 20 August 2020. The Polish market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł30.37 per share.Is New 90 Day High Low • Oct 14New 90-day low: zł25.75The company is down 20% from its price of zł32.00 on 16 July 2020. The Polish market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł26.18 per share.이익 및 매출 성장 예측WSE:CIE - 애널리스트 향후 추정치 및 과거 재무 데이터 (PLN Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20255,364315360918212/31/20245,185268285866212/31/20235,56215913372129/30/20235,608368681,116N/A6/30/20235,854401-40953N/A3/31/20235,903520-143672N/A12/31/20225,415567-8842N/A9/30/20224,9012833051,192N/A6/30/20224,2672392631,225N/A3/31/20223,8652103681,198N/A12/31/20213,4842203801,264N/A9/30/20213,272224-97839N/A6/30/20213,191220-37882N/A3/31/20213,04619827972N/A12/31/20202,976124-72767N/A9/30/20202,90699108815N/A6/30/20202,98957104745N/A3/31/20203,1598588568N/A12/31/20193,242107120535N/A9/30/20193,479-8-102341N/A6/30/20193,58724-98349N/A3/31/20193,660101-60436N/A12/31/20183,673112-60454N/A9/30/20183,664337147615N/A6/30/20183,617395139585N/A3/31/20183,567389226646N/A12/31/20173,579393218629N/A9/30/20173,525430270654N/A6/30/20173,543500N/A731N/A3/31/20173,527569N/A750N/A12/31/20163,455594N/A837N/A9/30/20163,362507N/A635N/A6/30/20163,308469N/A616N/A3/31/20163,282393N/A379N/A12/31/20153,273343N/A457N/A9/30/20153,245317N/A517N/A6/30/20153,243238N/A404N/A3/31/20153,216173N/A502N/A12/31/20143,244135N/A443N/A9/30/20143,234122N/A300N/A6/30/20143,22295N/A331N/A3/31/20143,22385N/A133N/A12/31/20133,230151N/A291N/A9/30/20133,254-20N/A216N/A6/30/20133,293-45N/A177N/A3/31/20133,316-144N/A310N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: CIE 의 연간 예상 수익 증가율(4.8%)이 saving rate(3.5%)보다 높습니다.수익 vs 시장: CIE 의 연간 수익(4.8%)이 Polish 시장(14.5%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: CIE 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: CIE 의 수익은 향후 3년간 감소할 것으로 예상됩니다(연간 -2.4%).고성장 매출: CIE 의 수익은 향후 3년 동안 감소할 것으로 예상됩니다(연간 -2.4%).주당순이익 성장 예측향후 자기자본이익률미래 ROE: CIE의 자본 수익률은 3년 후 7.8%로 낮을 것으로 예상됩니다.성장 기업 찾아보기7D1Y7D1Y7D1YMaterials 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2024/02/03 07:02종가2023/11/06 00:00수익2023/09/30연간 수익2022/12/31데이터 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 소스Ciech S.A.는 7명의 분석가가 다루고 있습니다. 이 중 2명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Kamil KliszczBiuro maklerskie mBankuWlodzimierz GillerCitigroup IncHenning EsskuchenErste Group Bank AG4명의 분석가 더 보기
Price Target Changed • Feb 15Price target increased by 11% to zł50.20Up from zł45.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of zł51.15. Stock is up 18% over the past year. The company is forecast to post earnings per share of zł8.65 for next year compared to zł4.37 last year.
Major Estimate Revision • Jan 22Consensus EPS estimates increase by 43%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from zł5.22b to zł5.32b. EPS estimate increased from zł6.16 to zł8.82 per share. Net income forecast to grow 23% next year vs 1.9% decline forecast for Chemicals industry in Poland. Consensus price target broadly unchanged at zł45.36. Share price rose 6.5% to zł46.54 over the past week.
Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł4.66b to zł5.14b. EPS estimate unchanged from zł6.16 at last update. Chemicals industry in Poland expected to see average net income growth of 2.8% next year. Consensus price target down from zł48.62 to zł44.88. Share price rose 3.4% to zł35.50 over the past week.
Price Target Changed • Nov 05Price target decreased to zł46.18Down from zł51.89, the current price target is an average from 5 analysts. New target price is 33% above last closing price of zł34.80. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of zł5.77 for next year compared to zł4.37 last year.
Price Target Changed • Apr 27Price target increased to zł49.25Up from zł45.85, the current price target is an average from 5 analysts. New target price is 21% above last closing price of zł40.56. Stock is up 0.8% over the past year. The company is forecast to post earnings per share of zł4.63 for next year compared to zł4.37 last year.
Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 12% next year. Consensus price target up from zł45.85 to zł49.25. Share price fell 3.7% to zł40.56 over the past week.
공지 • Jan 31+ 2 more updatesCiech S.A. to Report Q3, 2024 Results on Nov 15, 2024Ciech S.A. announced that they will report Q3, 2024 results on Nov 15, 2024
공지 • Nov 09Ki Chemistry S.à R.L. completed the acquisition of remaining 22.3% stake in Ciech S.A. (WSE:CIE).Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million on September 18, 2023. KI Chemistry intends to acquire up to 11.75 million shares in CIECH for PLN 54.25 offer per share representing approximately 22.3% of the company's share capital and thus increase its share to 100%. Acceptance of sales offers starts on September 18, 2023 and will last until September 25, 2023. The expected date of settlement of the transaction and purchase of shares is September 28, 2023. If the transaction settles the threshold of at least 95% of the total number of votes at the general meeting of CIECH, KI Chemistry intends to carry out a compulsory buyout of shares belonging to the remaining shareholders, and then delist the company's shares from stock exchange trading. As on September 29, 2023, Ki Chemistry has bought 14.75% of Ciech through the regulated market. Ki Chemistry now holds 92.45%. Ki Chemistry S.à R.L. completed the acquisition of remaining 22.3% stake in Ciech S.A. (WSE:CIE) on November 7, 2023. KI Chemistry announced a procedure of squeeze-out of minority shareholders after owning 2.41 million of shares or 4.57% in Ciech. The compulsory squeeze-out will be launched on November 7, 2023 with the redemption date set on November 17, 2023.
공지 • Oct 18KI Chemistry One Step Closer to Delisting CiechThe minority shareholders of Ciech S.A. have sold 2.98% of Ciech shares to KI Chemistry, a unit of the Kulczyk Investments group controlled by Sebastian Kulczyk. Following the transactions, KI Chemistry's share in Ciech's share capital has increased from 92.45% to 95.43%, as a result of which the company has reaffirmed its intention to proceed with the squeeze-out and then delist Ciech from the Warsaw Stock Exchange (GPW).
공지 • Oct 01KI Chemistry Plans to Withdraw Ciech from the Warsaw Stock ExchangeKI Chemistry, a company from Kulczyk Investments Group which owns 92.45% of Ciech shares, intends to withdraw the chemical company from the Warsaw Stock Exchange (GPW). Minority shareholders will have another opportunity to sell their shares to a strategic investor for PLN 54.25 each under the share sale invitation announced on September 29, 2023. Sales offers will be accepted from October 4, 2023 to October 10, 2023. In case KI Chemistry reaches a threshold of at least 95% of the total number of votes at the General Meeting of Ciech S.A. as a result of the transaction settlement, KI Chemistry plans to conduct a compulsory buyout of shares belonging to the remaining shareholders.
공지 • Sep 20Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million.Ki Chemistry S.à R.L. made a bid to acquire the remaining 22.3% stake in Ciech S.A. (WSE:CIE) for approximately PLN 640 million on September 18, 2023. KI Chemistry intends to acquire up to 11.75 million shares in CIECH for PLN 54.25 offer per share representing approximately 22.3% of the company's share capital and thus increase its share to 100%. Acceptance of sales offers starts on September 18 and will last until September 25. The expected date of settlement of the transaction and purchase of shares is September 28, 2023. If the transaction settles the threshold of at least 95% of the total number of votes at the general meeting of CIECH, KI Chemistry intends to carry out a compulsory buyout of shares belonging to the remaining shareholders, and then delist the company's shares from stock exchange trading.
공지 • Jun 23Ciech Chemicals Shareholders Approve Additional Dividend, Payable on July 17, 2023Ciech chemicals shareholders approved an additional dividend payout at PLN 5.75 DPS on top of PLN 1.5 in already paid advance dividend. The decision is in line with an earlier offer to minority shareholders by leading shareholder KI Chemistry. Rights to the dividend will be set on June 27 and the payment will be made on July 17.
공지 • May 27Ciech S.A., Annual General Meeting, Jun 22, 2023Ciech S.A., Annual General Meeting, Jun 22, 2023, at 16:00 Central European Standard Time.
공지 • May 26+ 1 more updateCiech Announces Board ChangesCiech appointed Marcin Puziak as a new management board member, following resignation of Jaroslaw Romanowski.
공지 • Feb 16Kulczyk Investment Group Moots Plan to Delist Ciech from the Warsaw Stock ExchangeKulczyk Investment Group announced a plan on February 13 to run a tender offer to increase its share in chemical producer Ciech S.A. (WSE:CIE) from the current 51% to 100% and delist the company from the Warsaw Stock Exchange. The plan will be carried out via Ciech's key shareholder Ki Chemistry S.à R.L., which is owned by Kulczyk Investment Group. KI Chemistry said that it plans to buy 25.7 million Ciech shares at PLN 49 (€10.26) per share. Ciech shares surged 7.2% to PLN 51 at the end of the day's trading on February 13. At midday of February 14, the company's stocks were down 0.29% to PLN 50.85. KI Chemistry said in a statement that it plans to announce the tender offer in the first half of March.
Price Target Changed • Feb 15Price target increased by 11% to zł50.20Up from zł45.36, the current price target is an average from 4 analysts. New target price is approximately in line with last closing price of zł51.15. Stock is up 18% over the past year. The company is forecast to post earnings per share of zł8.65 for next year compared to zł4.37 last year.
분석 기사 • Jan 24There Are Reasons To Feel Uneasy About Ciech's (WSE:CIE) Returns On CapitalFinding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Major Estimate Revision • Jan 22Consensus EPS estimates increase by 43%The consensus outlook for earnings per share (EPS) in 2022 has improved. 2022 revenue forecast increased from zł5.22b to zł5.32b. EPS estimate increased from zł6.16 to zł8.82 per share. Net income forecast to grow 23% next year vs 1.9% decline forecast for Chemicals industry in Poland. Consensus price target broadly unchanged at zł45.36. Share price rose 6.5% to zł46.54 over the past week.
공지 • Jan 20+ 3 more updatesCiech S.A. to Report Q3, 2023 Results on Nov 16, 2023Ciech S.A. announced that they will report Q3, 2023 results on Nov 16, 2023
Buying Opportunity • Dec 15Now 22% undervaluedOver the last 90 days, the stock is up 21%. The fair value is estimated to be zł53.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. For the next 3 years, revenue is forecast to decline by 2.9% per annum. Earnings is also forecast to decline by 9.9% per annum over the same time period.
Upcoming Dividend • Dec 14Upcoming dividend of zł1.50 per shareEligible shareholders must have bought the stock before 21 December 2022. Payment date: 29 December 2022. Trailing yield: 7.1%. Lower than top quartile of Polish dividend payers (8.6%). Lower than average of industry peers (8.7%).
분석 기사 • Dec 01Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Reported Earnings • Nov 30Third quarter 2022 earnings released: EPS: zł1.62 (vs zł0.79 in 3Q 2021)Third quarter 2022 results: EPS: zł1.62 (up from zł0.79 in 3Q 2021). Revenue: zł1.41b (up 82% from 3Q 2021). Net income: zł85.3m (up 105% from 3Q 2021). Profit margin: 6.1% (up from 5.4% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is expected to decline by 2.6% p.a. on average during the next 3 years, while revenues in the Chemicals industry in Europe are expected to grow by 3.1%. Over the last 3 years on average, earnings per share has increased by 53% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth.
Major Estimate Revision • Nov 16Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł4.66b to zł5.14b. EPS estimate unchanged from zł6.16 at last update. Chemicals industry in Poland expected to see average net income growth of 2.8% next year. Consensus price target down from zł48.62 to zł44.88. Share price rose 3.4% to zł35.50 over the past week.
분석 기사 • Nov 12Need To Know: Analysts Are Much More Bullish On Ciech S.A. (WSE:CIE) RevenuesCelebrations may be in order for Ciech S.A. ( WSE:CIE ) shareholders, with the analysts delivering a significant...
Price Target Changed • Nov 05Price target decreased to zł46.18Down from zł51.89, the current price target is an average from 5 analysts. New target price is 33% above last closing price of zł34.80. Stock is down 5.4% over the past year. The company is forecast to post earnings per share of zł5.77 for next year compared to zł4.37 last year.
분석 기사 • Sep 02Is Ciech S.A. (WSE:CIE) Trading At A 42% Discount?Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Ciech S.A. ( WSE:CIE...
Reported Earnings • Aug 29Second quarter 2022 earnings released: EPS: zł0.85 (vs zł0.29 in 2Q 2021)Second quarter 2022 results: EPS: zł0.85 (up from zł0.29 in 2Q 2021). Revenue: zł1.24b (up 48% from 2Q 2021). Net income: zł44.9m (up 194% from 2Q 2021). Profit margin: 3.6% (up from 1.8% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 3.0%, compared to a 13% growth forecast for the Chemicals industry in Poland. Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings.
분석 기사 • Jul 21At zł38.50, Is Ciech S.A. (WSE:CIE) Worth Looking At Closely?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a decent share price growth in the teens level...
Valuation Update With 7 Day Price Move • Jul 20Investor sentiment improved over the past weekAfter last week's 17% share price gain to zł38.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 13x in the Chemicals industry in Europe. Total loss to shareholders of 3.4% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł58.38 per share.
Reported Earnings • May 20First quarter 2022 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2022 results: EPS: zł1.98 (down from zł2.18 in 1Q 2021). Revenue: zł1.24b (up 44% from 1Q 2021). Net income: zł104.3m (down 9.0% from 1Q 2021). Profit margin: 8.4% (down from 13% in 1Q 2021). The decrease in margin was driven by higher expenses. Revenue exceeded analyst estimates by 2.7%. Earnings per share (EPS) also surpassed analyst estimates by 19%. Over the next year, revenue is forecast to grow 9.0%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings.
Price Target Changed • Apr 27Price target increased to zł49.25Up from zł45.85, the current price target is an average from 5 analysts. New target price is 21% above last closing price of zł40.56. Stock is up 0.8% over the past year. The company is forecast to post earnings per share of zł4.63 for next year compared to zł4.37 last year.
Major Estimate Revision • Apr 27Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 12% next year. Consensus price target up from zł45.85 to zł49.25. Share price fell 3.7% to zł40.56 over the past week.
분석 기사 • Apr 22Growth Investors: Industry Analysts Just Upgraded Their Ciech S.A. (WSE:CIE) Revenue Forecasts By 19%Shareholders in Ciech S.A. ( WSE:CIE ) may be thrilled to learn that the analysts have just delivered a major upgrade...
Price Target Changed • Apr 21Price target increased to zł49.25Up from zł45.85, the current price target is an average from 6 analysts. New target price is 17% above last closing price of zł42.10. Stock is up 12% over the past year. The company is forecast to post earnings per share of zł3.93 for next year compared to zł4.37 last year.
Major Estimate Revision • Apr 21Consensus forecasts updatedThe consensus outlook for 2022 has been updated. 2022 revenue forecast increased from zł3.78b to zł4.52b. EPS estimate unchanged from zł4.63 at last update. Chemicals industry in Poland expected to see average net income growth of 11% next year. Consensus price target up from zł42.70 to zł45.86. Share price fell 5.4% to zł42.10 over the past week.
Reported Earnings • Mar 31Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behindFull year 2021 results: EPS: zł5.55 (up from zł2.36 in FY 2020). Revenue: zł3.46b (up 16% from FY 2020). Net income: zł292.4m (up 135% from FY 2020). Profit margin: 8.5% (up from 4.2% in FY 2020). The increase in margin was driven by higher revenue. Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Over the next year, revenue is forecast to grow 6.9%, compared to a 14% growth forecast for the industry in Poland. 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 7% per year, which means it is significantly lagging earnings.
분석 기사 • Feb 24Estimating The Intrinsic Value Of Ciech S.A. (WSE:CIE)In this article we are going to estimate the intrinsic value of Ciech S.A. ( WSE:CIE ) by taking the forecast future...
Valuation Update With 7 Day Price Move • Feb 24Investor sentiment deteriorated over the past weekAfter last week's 15% share price decline to zł35.60, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Chemicals industry in Europe. Total loss to shareholders of 37% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at zł45.06 per share.
Buying Opportunity • Feb 24Now 21% undervalued after recent price dropOver the last 90 days, the stock is down 16%. The fair value is estimated to be zł45.06, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.0% per annum over the last 3 years. Earnings per share has grown by 12% per annum over the last 3 years.
분석 기사 • Jan 24Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?While Ciech S.A. ( WSE:CIE ) might not be the most widely known stock at the moment, it saw a decent share price growth...
Reported Earnings • Nov 28Third quarter 2021 earnings: EPS exceeds analyst expectations while revenues lag behindThird quarter 2021 results: EPS: zł0.79 (up from zł0.70 in 3Q 2020). Revenue: zł772.1m (up 12% from 3Q 2020). Net income: zł41.6m (up 13% from 3Q 2020). Profit margin: 5.4% (in line with 3Q 2020). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates by 11%. Earnings per share (EPS) surpassed analyst estimates by 11%. Over the next year, revenue is forecast to grow 5.5%, compared to a 17% growth forecast for the industry in Poland. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth.
분석 기사 • Oct 23Is Now An Opportune Moment To Examine Ciech S.A. (WSE:CIE)?While Ciech S.A. ( WSE:CIE ) might not be the most widely known stock at the moment, it saw significant share price...
Price Target Changed • Sep 24Price target increased to zł47.41Up from zł42.53, the current price target is an average from 5 analysts. New target price is 9.5% above last closing price of zł43.30. Stock is up 66% over the past year.
Reported Earnings • Sep 24Second quarter 2021 earnings released: EPS zł0.29 (vs zł0.082 loss in 2Q 2020)The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł834.7m (up 21% from 2Q 2020). Net income: zł15.3m (up zł19.8m from 2Q 2020). Profit margin: 1.8% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings.
분석 기사 • Sep 21A Look At The Fair Value Of Ciech S.A. (WSE:CIE)Today we will run through one way of estimating the intrinsic value of Ciech S.A. ( WSE:CIE ) by taking the expected...
분석 기사 • Sep 04Ciech (WSE:CIE) Might Be Having Difficulty Using Its Capital EffectivelyDid you know there are some financial metrics that can provide clues of a potential multi-bagger? One common approach...
Price Target Changed • Aug 01Price target increased to zł46.51Up from zł42.53, the current price target is an average from 5 analysts. New target price is approximately in line with last closing price of zł47.85. Stock is up 56% over the past year.
Upcoming Dividend • Jun 22Upcoming dividend of zł3.00 per shareEligible shareholders must have bought the stock before 29 June 2021. Payment date: 08 July 2021. Trailing yield: 6.3%. Within top quartile of Polish dividend payers (5.9%). Higher than average of industry peers (2.3%).
분석 기사 • Jun 09Is There Now An Opportunity In Ciech S.A. (WSE:CIE)?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a significant share price rise of over 20% in...
Reported Earnings • May 28First quarter 2021 earnings released: EPS zł2.18 (vs zł0.77 in 1Q 2020)The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł861.1m (up 9.1% from 1Q 2020). Net income: zł114.6m (up 197% from 1Q 2020). Profit margin: 13% (up from 4.9% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings.
분석 기사 • May 27Ciech (WSE:CIE) Use Of Debt Could Be Considered RiskyWarren Buffett famously said, 'Volatility is far from synonymous with risk.' It's only natural to consider a company's...
분석 기사 • May 14Estimating The Fair Value Of Ciech S.A. (WSE:CIE)Today we will run through one way of estimating the intrinsic value of Ciech S.A. ( WSE:CIE ) by estimating the...
Reported Earnings • Apr 25Full year 2020 earnings released: EPS zł2.36 (vs zł2.02 in FY 2019)The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: zł2.98b (down 8.2% from FY 2019). Net income: zł124.4m (up 17% from FY 2019). Profit margin: 4.2% (up from 3.3% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 54 percentage points per year, which is a significant difference in performance.
분석 기사 • Apr 05Returns On Capital Signal Tricky Times Ahead For Ciech (WSE:CIE)To find a multi-bagger stock, what are the underlying trends we should look for in a business? Typically, we'll want to...
분석 기사 • Mar 18If You Had Bought Ciech's (WSE:CIE) Shares Five Years Ago You Would Be Down 50%While not a mind-blowing move, it is good to see that the Ciech S.A. ( WSE:CIE ) share price has gained 19% in the last...
Is New 90 Day High Low • Mar 05New 90-day high: zł35.80The company is up 20% from its price of zł29.95 on 04 December 2020. The Polish market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 15% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł40.35 per share.
분석 기사 • Mar 02What Does Ciech S.A.'s (WSE:CIE) Share Price Indicate?Ciech S.A. ( WSE:CIE ), is not the largest company out there, but it saw a decent share price growth in the teens level...
분석 기사 • Feb 16Ciech S.A.'s (WSE:CIE) Has Been On A Rise But Financial Prospects Look Weak: Is The Stock Overpriced?Most readers would already be aware that Ciech's (WSE:CIE) stock increased significantly by 13% over the past three...
분석 기사 • Feb 03Is There An Opportunity With Ciech S.A.'s (WSE:CIE) 26% Undervaluation?How far off is Ciech S.A. ( WSE:CIE ) from its intrinsic value? Using the most recent financial data, we'll take a look...
분석 기사 • Jan 18What Is The Ownership Structure Like For Ciech S.A. (WSE:CIE)?A look at the shareholders of Ciech S.A. ( WSE:CIE ) can tell us which group is most powerful. Insiders often own a...
Is New 90 Day High Low • Jan 07New 90-day high: zł35.05The company is up 31% from its price of zł26.75 on 09 October 2020. The Polish market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł45.03 per share.
분석 기사 • Jan 05Does Ciech (WSE:CIE) Have A Healthy Balance Sheet?David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
분석 기사 • Dec 23Should You Use Ciech's (WSE:CIE) Statutory Earnings To Analyse It?It might be old fashioned, but we really like to invest in companies that make a profit, each and every year. That...
분석 기사 • Dec 08How Much Did Ciech's(WSE:CIE) Shareholders Earn From Share Price Movements Over The Last Five Years?Generally speaking long term investing is the way to go. But that doesn't mean long term investors can avoid big...
Major Estimate Revision • Dec 03Analysts lower EPS estimates to zł2.77The 2020 consensus revenue estimate was lowered from zł3.34b to zł3.16b. Earning per share (EPS) estimate was also lowered from zł3.51 to zł2.77 for the same period. Net income is expected to grow by 55% next year compared to 19% growth forecast for the Chemicals industry in Poland. The consensus price target was lowered from zł39.03 to zł38.53. Share price is down by 3.8% to zł30.00 over the past week.
분석 기사 • Nov 22What Do The Returns On Capital At Ciech (WSE:CIE) Tell Us?If you're looking for a multi-bagger, there's a few things to keep an eye out for. One common approach is to try and...
Reported Earnings • Nov 20Third quarter 2020 earnings released: EPS zł0.70The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2020 results: Revenue: zł690.5m (down 19% from 3Q 2019). Net income: zł37.0m (up zł36.1m from 3Q 2019). Profit margin: 5.4% (up from 0.1% in 3Q 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 71% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings.
Analyst Estimate Surprise Post Earnings • Nov 20Revenue and earnings miss expectationsRevenue missed analyst estimates by 5.9%. Earnings per share (EPS) also missed analyst estimates by 5.9%. Over the next year, revenue is forecast to grow 8.4% while the growth in Chemicals industry in Poland is expected to stay flat.
Is New 90 Day High Low • Nov 19New 90-day high: zł33.00The company is up 9.0% from its price of zł30.40 on 20 August 2020. The Polish market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Chemicals industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł30.37 per share.
Is New 90 Day High Low • Oct 14New 90-day low: zł25.75The company is down 20% from its price of zł32.00 on 16 July 2020. The Polish market is down 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Chemicals industry, which is down 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is zł26.18 per share.