Aankondiging • May 02
Wikana S.A., Annual General Meeting, May 27, 2026 Wikana S.A., Annual General Meeting, May 27, 2026, at 10:00 Central European Standard Time. Reported Earnings • Nov 24
Third quarter 2025 earnings released: EPS: zł0.13 (vs zł1.45 in 3Q 2024) Third quarter 2025 results: EPS: zł0.13 (down from zł1.45 in 3Q 2024). Revenue: zł14.5m (down 71% from 3Q 2024). Net income: zł2.56m (down 91% from 3Q 2024). Profit margin: 18% (down from 58% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. New Risk • Nov 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (43% accrual ratio). Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.3% average weekly change). Market cap is less than US$100m (zł144.2m market cap, or US$39.3m). Aankondiging • Nov 15
Wikana S.A. to Report Q3, 2025 Results on Nov 21, 2025 Wikana S.A. announced that they will report Q3, 2025 results on Nov 21, 2025 Buy Or Sell Opportunity • Nov 10
Now 28% overvalued Over the last 90 days, the stock has fallen 4.1% to zł7.00. The fair value is estimated to be zł5.49, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 28% over the last 3 years. Earnings per share has grown by 54%. Reported Earnings • Sep 28
Second quarter 2025 earnings released: EPS: zł0.13 (vs zł0.17 in 2Q 2024) Second quarter 2025 results: EPS: zł0.13 (down from zł0.17 in 2Q 2024). Revenue: zł11.6m (down 43% from 2Q 2024). Net income: zł2.54m (down 26% from 2Q 2024). Profit margin: 22% (up from 17% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 25
Wikana S.A. to Report First Half, 2025 Results on Sep 26, 2025 Wikana S.A. announced that they will report first half, 2025 results on Sep 26, 2025 Buy Or Sell Opportunity • Jul 17
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 9.5% to zł6.90. The fair value is estimated to be zł5.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 48%. Buy Or Sell Opportunity • Jul 01
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 5.2% to zł7.10. The fair value is estimated to be zł5.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Earnings per share has grown by 48%. Aankondiging • May 28
Wikana S.A., Annual General Meeting, Jun 25, 2025 Wikana S.A., Annual General Meeting, Jun 25, 2025. Reported Earnings • May 25
First quarter 2025 earnings released: EPS: zł0.04 (vs zł0.73 in 1Q 2024) First quarter 2025 results: EPS: zł0.04 (down from zł0.73 in 1Q 2024). Revenue: zł7.48m (down 89% from 1Q 2024). Net income: zł824.0k (down 94% from 1Q 2024). Profit margin: 11% (down from 21% in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • May 07
Now 22% overvalued Over the last 90 days, the stock has fallen 2.2% to zł6.60. The fair value is estimated to be zł5.43, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 33%. Buy Or Sell Opportunity • Apr 17
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.6% to zł6.30. The fair value is estimated to be zł5.23, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 23% over the last 3 years. Earnings per share has grown by 33%. Valuation Update With 7 Day Price Move • Jan 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to zł6.30, the stock trades at a trailing P/E ratio of 2.3x. Average trailing P/E is 8x in the Consumer Durables industry in Poland. Total returns to shareholders of 91% over the past three years. Valuation Update With 7 Day Price Move • Dec 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to zł5.40, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 8x in the Consumer Durables industry in Poland. Total returns to shareholders of 70% over the past three years. New Risk • Dec 10
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 24% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (24% accrual ratio). Minor Risk Market cap is less than US$100m (zł130.4m market cap, or US$32.2m). Upcoming Dividend • Sep 18
Upcoming dividend of zł0.40 per share Eligible shareholders must have bought the stock before 25 September 2024. Payment date: 15 October 2024. Trailing yield: 5.2%. Lower than top quartile of Polish dividend payers (7.7%). Lower than average of industry peers (7.5%). Buy Or Sell Opportunity • Aug 09
Now 26% overvalued Over the last 90 days, the stock has fallen 16% to zł6.35. The fair value is estimated to be zł5.04, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has declined by 12% over the last 3 years, while earnings per share has been flat. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 23% After last week's 23% share price decline to zł5.65, the stock trades at a trailing P/E ratio of 6.6x. Average trailing P/E is 8x in the Consumer Durables industry in Poland. Total returns to shareholders of 27% over the past three years. Aankondiging • May 31
Wikana S.A., Annual General Meeting, Jun 26, 2024 Wikana S.A., Annual General Meeting, Jun 26, 2024. New Risk • May 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (zł180.8m market cap, or US$46.2m). Valuation Update With 7 Day Price Move • May 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to zł8.75, the stock trades at a trailing P/E ratio of 10x. Average trailing P/E is 9x in the Consumer Durables industry in Poland. Total returns to shareholders of 153% over the past three years. New Risk • Mar 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Polish stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (zł128.4m market cap, or US$32.3m). Valuation Update With 7 Day Price Move • Mar 26
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to zł6.80, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 10x in the Consumer Durables industry in Poland. Total returns to shareholders of 85% over the past three years. Aankondiging • Feb 03
Wikana S.A. to Report Q3, 2024 Results on Nov 29, 2024 Wikana S.A. announced that they will report Q3, 2024 results on Nov 29, 2024 Valuation Update With 7 Day Price Move • Jan 05
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to zł5.70, the stock trades at a trailing P/E ratio of 6.5x. Average trailing P/E is 10x in the Consumer Durables industry in Poland. Total returns to shareholders of 148% over the past three years. Upcoming Dividend • Sep 21
Upcoming dividend of zł0.25 per share at 4.2% yield Eligible shareholders must have bought the stock before 28 September 2023. Payment date: 31 October 2023. Trailing yield: 4.2%. Lower than top quartile of Polish dividend payers (7.8%). Lower than average of industry peers (8.4%). Valuation Update With 7 Day Price Move • Sep 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to zł6.00, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 11x in the Consumer Durables industry in Poland. Total returns to shareholders of 229% over the past three years. Aankondiging • Jun 04
Wikana S.A., Annual General Meeting, Jun 29, 2023 Wikana S.A., Annual General Meeting, Jun 29, 2023, at 10:00 Central European Standard Time. Reported Earnings • Dec 01
Third quarter 2022 earnings released: zł0.05 loss per share (vs zł0.24 profit in 3Q 2021) Third quarter 2022 results: zł0.05 loss per share (down from zł0.24 profit in 3Q 2021). Revenue: zł4.16m (down 81% from 3Q 2021). Net loss: zł954.0k (down 120% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has only increased by 45% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 04
Second quarter 2022 earnings released: EPS: zł0.28 (vs zł0.71 in 2Q 2021) Second quarter 2022 results: EPS: zł0.28 (down from zł0.71 in 2Q 2021). Revenue: zł21.1m (down 41% from 2Q 2021). Net income: zł5.49m (down 61% from 2Q 2021). Profit margin: 26% (down from 39% in 2Q 2021). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Jul 22
Upcoming dividend of zł0.25 per share Eligible shareholders must have bought the stock before 29 July 2022. Payment date: 16 August 2022. Trailing yield: 6.7%. Lower than top quartile of Polish dividend payers (8.4%). Lower than average of industry peers (10%). Aankondiging • May 25
Wikana S.A., Annual General Meeting, Jun 15, 2022 Wikana S.A., Annual General Meeting, Jun 15, 2022, at 10:00 Central European Standard Time. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improved over the past week After last week's 16% share price gain to zł4.68, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 8x in the Consumer Durables industry in Poland. Total returns to shareholders of 307% over the past three years. Reported Earnings • Dec 02
Third quarter 2021 earnings: Revenues and EPS in line with analyst expectations Third quarter 2021 results: EPS: zł0.24 (up from zł0.07 in 3Q 2020). Revenue: zł21.4m (up 8.0% from 3Q 2020). Net income: zł4.73m (up 235% from 3Q 2020). Profit margin: 22% (up from 7.1% in 3Q 2020). The increase in margin was primarily driven by lower expenses. Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 126% per year but the company’s share price has only increased by 79% per year, which means it is significantly lagging earnings growth. Reported Earnings • Oct 03
Second quarter 2021 earnings released: EPS zł0.71 (vs zł0.14 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: zł35.9m (up 362% from 2Q 2020). Net income: zł14.0m (up zł17.0m from 2Q 2020). Profit margin: 39% (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 increased by 125% per year but the company’s share price has only increased by 86% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment deteriorated over the past week After last week's 15% share price decline to zł4.58, the stock trades at a trailing P/E ratio of 6.1x. Average trailing P/E is 10x in the Consumer Durables industry in Poland. Total returns to shareholders of 798% over the past three years. Reported Earnings • Jun 02
First quarter 2021 earnings released: EPS zł0.76 (vs zł0.28 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: zł64.0m (up 119% from 1Q 2020). Net income: zł15.2m (up 177% from 1Q 2020). Profit margin: 24% (up from 19% in 1Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 101% per year but the company’s share price has increased by 153% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 34% share price gain to zł5.40, the stock trades at a trailing P/E ratio of 21.2x. Average trailing P/E is 10x in the Consumer Durables industry in Poland. Total returns to shareholders of 1,100% over the past three years. Is New 90 Day High Low • Feb 11
New 90-day high: zł2.80 The company is up 26% from its price of zł2.22 on 13 November 2020. The Polish market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 06
New 90-day high: zł2.78 The company is up 16% from its price of zł2.40 on 08 October 2020. The Polish market is up 14% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Consumer Durables industry, which is up 12% over the same period. Reported Earnings • Dec 01
Third quarter 2020 earnings released: EPS zł0.07 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: zł19.8m (up 135% from 3Q 2019). Net income: zł1.41m (up zł2.24m from 3Q 2019). Profit margin: 7.1% (up from net loss in 3Q 2019). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 41% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Sep 29
New 90-day high: zł2.16 The company is up 13% from its price of zł1.92 on 01 July 2020. The Polish market is flat over the last 90 days, indicating the company outperformed over that time. However, its price trend is similar to the Consumer Durables industry, which is also up 13% over the same period. Reported Earnings • Sep 28
First half earnings released Over the last 12 months the company has reported total losses of zł2.77m, with earnings decreasing by zł4.85m from the prior year. Total revenue was zł54.0m over the last 12 months, down 28% from the prior year. Aankondiging • Sep 25
Wikana S.A. to Report First Half, 2020 Results on Sep 25, 2020 Wikana S.A. announced that they will report first half, 2020 results on Sep 25, 2020