DB:1LW

Stock Analysis Report

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Executive Summary

Polwax S.A. produces and distributes refined and deodorized paraffin, waxes, and specialty industrial paraffin compositions.


Snowflake Analysis

Fair value with mediocre balance sheet.

Share Price & News

How has Polwax's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1LW's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

6.7%

1LW

-0.8%

DE Chemicals

-1.4%

DE Market


1 Year Return

39.5%

1LW

-4.3%

DE Chemicals

8.0%

DE Market

Return vs Industry: 1LW exceeded the German Chemicals industry which returned -4.3% over the past year.

Return vs Market: 1LW exceeded the German Market which returned 8% over the past year.


Shareholder returns

1LWIndustryMarket
7 Day6.7%-0.8%-1.4%
30 Day1.3%-1.0%-1.2%
90 Day42.5%9.9%12.6%
1 Year39.5%39.5%-0.2%-4.3%10.4%8.0%
3 Year-33.5%-70.8%-20.9%-29.3%4.7%-3.7%
5 Year-46.9%-78.1%-12.1%-26.5%15.9%0.3%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Polwax undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1LW (€0.93) is trading below our estimate of fair value (€2)

Significantly Below Fair Value: 1LW is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1LW is unprofitable, so we can't compare its PE Ratio to the DE Chemicals industry average.

PE vs Market: 1LW is unprofitable, so we can't compare its PE Ratio to the German market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 1LW's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1LW is good value based on its PB Ratio (0.6x) compared to the DE Chemicals industry average (1.4x).


Next Steps

Future Growth

How is Polwax forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

29.4%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Polwax has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Polwax performed over the past 5 years?

-38.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1LW is currently unprofitable.

Growing Profit Margin: 1LW is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1LW is unprofitable, and losses have increased over the past 5 years at a rate of 38.4% per year.

Accelerating Growth: Unable to compare 1LW's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1LW is unprofitable, making it difficult to compare its past year earnings growth to the Chemicals industry (-16.7%).


Return on Equity

High ROE: 1LW has a negative Return on Equity (-81.7%), as it is currently unprofitable.


Next Steps

Financial Health

How is Polwax's financial position?


Financial Position Analysis

Short Term Liabilities: 1LW's short term assets (PLN80.1M) exceed its short term liabilities (PLN53.4M).

Long Term Liabilities: 1LW's short term assets (PLN80.1M) exceed its long term liabilities (PLN5.2M).


Debt to Equity History and Analysis

Debt Level: 1LW's debt to equity ratio (54.7%) is considered high.

Reducing Debt: 1LW's debt to equity ratio has increased from 4.6% to 54.7% over the past 5 years.

Debt Coverage: 1LW's debt is well covered by operating cash flow (58.9%).

Interest Coverage: 1LW is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is Polwax current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1LW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1LW's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 1LW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1LW's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1LW is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1LW's dividend in 3 years as they are not forecast to pay a notable one for the German market.


Next Steps

Management

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

8.3yrs

Average management tenure


CEO

Polwax has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Dominik Tomczyk
President of the Management Board & General Director8.25yrszł572.00kno data
Jacek Stelmach
Vice-President of the Management Board & Director of Operations7.25yrszł423.00kno data
Piotr Kosinski
Vice-President of the Management Board & CFO8.25yrszł395.00k2.07%
PLN 192.0k
Halina Kufel
Chief Accountantno datano datano data

8.3yrs

Average Tenure

Experienced Management: 1LW's management team is seasoned and experienced (8.3 years average tenure).


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

Polwax S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Polwax S.A.
  • Ticker: 1LW
  • Exchange: DB
  • Founded: 2012
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Market Cap: zł40.994m
  • Listing Market Cap: zł9.295m
  • Shares outstanding: 10.30m
  • Website: https://www.polwax.pl

Location

  • Polwax S.A.
  • 3 Maja 101
  • Jaslo
  • 38-200
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PWXWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNOct 2014
1LWDB (Deutsche Boerse AG)YesCommon Bearer SharesDEEUROct 2014
0R4DLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNOct 2014

Biography

Polwax S.A. produces and distributes refined and deodorized paraffin, waxes, and specialty industrial paraffin compositions. The company also offers anti-corrosion agents, anti-caking agents, casting waxes ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/06 22:47
End of Day Share Price2020/08/06 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.