DB:UXX

Stock Analysis Report

Lubelski Wegiel Bogdanka

Executive Summary

Lubelski Wegiel Bogdanka S.A. engages in mining, agglomeration, manufacture, and sale of hard coal for industrial companies in the power industry in Poland.

Rewards

Trading at 23.1% below its fair value

Risk Analysis

Earnings are forecast to decline by an average of -25.7% per year for the next 3 years

Unstable dividend track record

Highly volatile share price over past 3 months

Profit margins (11.8%) are lower than last year (33.2%)



Snowflake Analysis

Flawless balance sheet and undervalued.


Similar Companies

Share Price & News

How has Lubelski Wegiel Bogdanka's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: UXX's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-11.2%

UXX

2.8%

DE Oil and Gas

0.1%

DE Market


1 Year Return

-50.4%

UXX

79.9%

DE Oil and Gas

14.1%

DE Market

Return vs Industry: UXX underperformed the German Oil and Gas industry which returned 79.9% over the past year.

Return vs Market: UXX underperformed the German Market which returned 14.1% over the past year.


Shareholder returns

UXXIndustryMarket
7 Day-11.2%2.8%0.1%
30 Day-24.9%6.9%0.2%
90 Day-30.0%28.8%3.3%
1 Year-49.3%-50.4%85.0%79.9%17.6%14.1%
3 Year-65.7%-66.9%16.1%6.4%14.8%4.8%
5 Year-72.3%-74.8%329.1%262.1%22.2%5.4%

Price Volatility Vs. Market

How volatile is Lubelski Wegiel Bogdanka's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Lubelski Wegiel Bogdanka undervalued compared to its fair value and its price relative to the market?

23.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: UXX (€5.8) is trading below our estimate of fair value (€7.54)

Significantly Below Fair Value: UXX is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: UXX is good value based on its PE Ratio (3.6x) compared to the Oil and Gas industry average (10.7x).

PE vs Market: UXX is good value based on its PE Ratio (3.6x) compared to the German market (20.9x).


Price to Earnings Growth Ratio

PEG Ratio: UXX's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: UXX is good value based on its PB Ratio (0.3x) compared to the DE Oil and Gas industry average (1.4x).


Next Steps

Future Growth

How is Lubelski Wegiel Bogdanka forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

-25.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: UXX's earnings are forecast to decline over the next 3 years (-25.7% per year).

Earnings vs Market: UXX's earnings are forecast to decline over the next 3 years (-25.7% per year).

High Growth Earnings: UXX's earnings are forecast to decline over the next 3 years.

Revenue vs Market: UXX's revenue is expected to decline over the next 3 years (-0.7% per year).

High Growth Revenue: UXX's revenue is forecast to decline over the next 3 years (-0.7% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: UXX's Return on Equity is forecast to be low in 3 years time (4.7%).


Next Steps

Past Performance

How has Lubelski Wegiel Bogdanka performed over the past 5 years?

18.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: UXX has high quality earnings.

Growing Profit Margin: UXX's current net profit margins (11.8%) are lower than last year (33.2%).


Past Earnings Growth Analysis

Earnings Trend: UXX's earnings have grown by 18.5% per year over the past 5 years.

Accelerating Growth: UXX's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: UXX had negative earnings growth (-59.8%) over the past year, making it difficult to compare to the Oil and Gas industry average (-5.2%).


Return on Equity

High ROE: UXX's Return on Equity (7.6%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Lubelski Wegiel Bogdanka's financial position?


Financial Position Analysis

Short Term Liabilities: UXX's short term assets (PLN702.3M) exceed its short term liabilities (PLN406.5M).

Long Term Liabilities: UXX's short term assets (PLN702.3M) exceed its long term liabilities (PLN575.1M).


Debt to Equity History and Analysis

Debt Level: UXX's debt to equity ratio (0.5%) is considered satisfactory.

Reducing Debt: UXX's debt to equity ratio has reduced from 29% to 0.5% over the past 5 years.

Debt Coverage: UXX's debt is well covered by operating cash flow (4130.9%).

Interest Coverage: UXX earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: UXX has a high level of physical assets or inventory.

Debt Coverage by Assets: UXX's debt is covered by short term assets (assets are 47.3x debt).


Next Steps

Dividend

What is Lubelski Wegiel Bogdanka's current dividend yield, its reliability and sustainability?

2.96%

Current Dividend Yield


Dividend Yield vs Market

company3.0%marketbottom25%1.3%markettop25%3.6%industryaverage6.3%forecastin3Years8.3%

Current dividend yield vs market & industry

Notable Dividend: UXX's dividend (2.96%) is higher than the bottom 25% of dividend payers in the German market (1.31%).

High Dividend: UXX's dividend (2.96%) is low compared to the top 25% of dividend payers in the German market (3.57%).


Stability and Growth of Payments

Stable Dividend: UXX's dividend payments have been volatile in the past 10 years.

Growing Dividend: UXX's dividend payments have fallen over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.6%), UXX's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: UXX's dividends in 3 years are forecast to be well covered by earnings (38.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.9yrs

Average management tenure


CEO

Artur Wasil 0

1.9yrs

Tenure

0

Mr. Artur Wasil serves as the Chief Executive Officer of Lubelski Wegiel "BOGDANKA" Spólka Akcyjna since March 21, 2018 and its President of the Management Board and Member of the Management Board since Ma ...


Leadership Team

NamePositionTenureCompensationOwnership
Artur Wasil
President of the Management Board & CEO1.9yrsno datano data
Adam Partyka
Vice-President of Management Board – Labor & Social Affairs3.8yrsno data0.00074% PLN1.5k
Artur Wasilewski
Vice President of the Management Board for Economic & Financial Affairs1.3yrsno datano data
Dariusz Dumkiewicz
Vice-President of the Management Board for Development1.3yrsno datano data
Szymon Jankowski
Secretary of the Supervisory Board4yrsno datano data
Urszula Pitek
Chief Accountant0yrsno datano data

1.9yrs

Average Tenure

Experienced Management: UXX's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Szymon Jankowski
Secretary of the Supervisory Board4yrsno datano data
Michal Stopyra
Member of Supervisory Board6.3yrsno datano data
Miroslaw Kowalik
Chairman of Supervisory Board4yrsno datano data
Ewa Nowaczyk
Member of Supervisory Board2.2yrsno datano data
Kamil Patyra
Member of Supervisory Board2.9yrsno datano data
Mariusz Romanczuk
Member of Supervisory Board0yrsno datano data
Anna Spoz
Member of Supervisory Board2.2yrsno datano data
Izabela Antczak- Bogajczyk
Member of Supervisory Board1.1yrsno datano data

2.9yrs

Average Tenure

Experienced Board: UXX's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Lubelski Wegiel Bogdanka S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Lubelski Wegiel Bogdanka S.A.
  • Ticker: UXX
  • Exchange: DB
  • Founded:
  • Industry: Coal and Consumable Fuels
  • Sector: Energy
  • Market Cap: zł862.245m
  • Listing Market Cap: zł202.383m
  • Shares outstanding: 34.01m
  • Website: https://www.lw.com.pl

Number of Employees


Location

  • Lubelski Wegiel Bogdanka S.A.
  • Bogdanka
  • Puchaczow
  • Leczna
  • 21-013
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
LWBWSE (Warsaw Stock Exchange)YesOrdinary SharesPLPLNJul 2009
0MMZLSE (London Stock Exchange)YesOrdinary SharesGBPLNJul 2009
UXXDB (Deutsche Boerse AG)YesOrdinary SharesDEEURJul 2009

Biography

Lubelski Wegiel Bogdanka S.A. engages in mining, agglomeration, manufacture, and sale of hard coal for industrial companies in the power industry in Poland. It offers energetic coal for the generation of electric and thermal energy, as well as for use in cement production. The company also provides services to mines, which comprise supply of heat energy; conducting water/wastewater management; recovery of spoil; mine and reconstruction works; renovation, repair, and construction services; works in underground machinery departments; and regeneration and production of steel constructions. In addition, it is involved in the construction and refurbishment of heat-generating, water supply, and sewage disposal installations; and sale of goods and materials, as well as the provision of transportation services. The company is based in Leczna, Poland. Lubelski Wegiel Bogdanka S.A. is a subsidiary of ENEA S.A. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/18 22:13
End of Day Share Price2020/02/18 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.