DB:1T5

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TAURON Polska Energia

Executive Summary

TAURON Polska Energia S.A., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity and heat in Poland.


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has TAURON Polska Energia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 1T5 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

6.4%

1T5

5.0%

DE Electric Utilities

3.1%

DE Market


1 Year Return

-27.7%

1T5

8.5%

DE Electric Utilities

0.1%

DE Market

Return vs Industry: 1T5 underperformed the German Electric Utilities industry which returned 8.4% over the past year.

Return vs Market: 1T5 underperformed the German Market which returned 0.2% over the past year.


Shareholder returns

1T5IndustryMarket
7 Day6.4%5.0%3.1%
30 Day8.7%6.8%5.6%
90 Day7.6%-8.2%-1.8%
1 Year-27.7%-27.7%12.4%8.5%1.8%0.1%
3 Year-67.4%-67.4%45.2%27.6%-7.2%-14.3%
5 Year-73.7%-75.7%45.1%13.4%4.3%-9.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is TAURON Polska Energia undervalued compared to its fair value and its price relative to the market?

39.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 1T5 (€0.25) is trading below our estimate of fair value (€0.42)

Significantly Below Fair Value: 1T5 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 1T5 is unprofitable, so we can't compare its PE Ratio to the Electric Utilities industry average.

PE vs Market: 1T5 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 1T5's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 1T5 is good value based on its PB Ratio (0.1x) compared to the XE Electric Utilities industry average (0.8x).


Next Steps

Future Growth

How is TAURON Polska Energia forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

38.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 1T5 is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: 1T5 is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 1T5's is expected to become profitable in the next 3 years.

Revenue vs Market: 1T5's revenue (0.2% per year) is forecast to grow slower than the German market (5.8% per year).

High Growth Revenue: 1T5's revenue (0.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 1T5's Return on Equity is forecast to be low in 3 years time (6.3%).


Next Steps

Past Performance

How has TAURON Polska Energia performed over the past 5 years?

11.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 1T5 is currently unprofitable.

Growing Profit Margin: 1T5 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 1T5 is unprofitable, but has reduced losses over the past 5 years at a rate of 11.5% per year.

Accelerating Growth: Unable to compare 1T5's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 1T5 is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (8.8%).


Return on Equity

High ROE: 1T5 has a negative Return on Equity (-2.01%), as it is currently unprofitable.


Next Steps

Financial Health

How is TAURON Polska Energia's financial position?


Financial Position Analysis

Short Term Liabilities: 1T5's short term assets (PLN7.7B) exceed its short term liabilities (PLN7.4B).

Long Term Liabilities: 1T5's short term assets (PLN7.7B) do not cover its long term liabilities (PLN16.3B).


Debt to Equity History and Analysis

Debt Level: 1T5's debt to equity ratio (76.1%) is considered high.

Reducing Debt: 1T5's debt to equity ratio has increased from 43.3% to 76.1% over the past 5 years.

Debt Coverage: 1T5's debt is well covered by operating cash flow (20%).

Interest Coverage: 1T5 is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is TAURON Polska Energia's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 1T5's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 1T5'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 1T5's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 1T5's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 1T5 is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 1T5'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?

4.3yrs

Average management tenure


CEO

Filip Grzegorczyk (41yo)

3.42yrs

Tenure

zł1,203,000

Compensation

Mr. Filip Grzegorczyk has been the President of the Management Board at Tauron Polska Energia Spolka Akcyjna since November 15, 2016 and serves as its Chief Executive Officer since 2020 .He served as Chair ...


CEO Compensation Analysis

Compensation vs Market: Filip's total compensation ($USD300.52K) is below average for companies of similar size in the German market ($USD1.08M).

Compensation vs Earnings: Filip's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Filip Grzegorczyk
CEO & President of the Management Board3.42yrszł1.20mno data
Jaroslaw Broda
Vice-President of the Management Board for Asset Management & Development4.42yrszł1.18mno data
Marek Wadowski
Vice-President of the Management Board for Finance4.33yrszł1.18mno data
Oliwia Tokarczyk
Executive Director for Taxes & Accountingno datano datano data

4.3yrs

Average Tenure

41yo

Average Age

Experienced Management: 1T5's management team is considered experienced (4.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Jan Pludowski
Independent Member of the Supervisory Board3.42yrszł90.00kno data
Teresa Famulska
Independent Vice Chair of the Supervisory Board2.83yrszł90.00kno data
Barbara Lasak-Jarszak
Member of the Supervisory Board2.83yrszł90.00kno data
Katarzyna Taczanowska
Member of the Supervisory Board1yrzł58.00kno data
Grzegorz Peczkis
Independent Member of the Supervisory Board0.42yrzł6.00kno data
Andrzej Sliwka
Member of the Supervisory Board0.17yrno datano data

1.9yrs

Average Tenure

61yo

Average Age

Experienced Board: 1T5's board of directors are not considered experienced ( 1.9 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

TAURON Polska Energia S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TAURON Polska Energia S.A.
  • Ticker: 1T5
  • Exchange: DB
  • Founded: 2006
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: zł2.164b
  • Listing Market Cap: zł486.342m
  • Shares outstanding: 1.75b
  • Website: https://www.tauron.pl

Number of Employees


Location

  • TAURON Polska Energia S.A.
  • Katowice Business Point
  • ul. ks. Piotra Sciegiennego 3
  • Katowice
  • 40-114
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
TPEWSE (Warsaw Stock Exchange)YesClass AA Bearer SharesPLPLNJun 2010
0N2XLSE (London Stock Exchange)YesClass AA Bearer SharesGBPLNJun 2010
1T5DB (Deutsche Boerse AG)YesClass AA Bearer SharesDEEURJun 2010

Biography

TAURON Polska Energia S.A., through its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity and heat in Poland. The company operates through five segments: Mining, Generation, Distribution, Supply, and Other. The Mining segment offers hard coal mining, and enrichment and sales services. The generation segment is involved in electricity generation through conventional sources, including co-generation; and renewable energy, which includes biomass burning and co-firing, hydroelectric power plants, and wind farms; and overhaul of generation equipment and construction of power generation unit. The distribution segment provides electricity distribution service using the distribution grids; and technical support services related to electricity metering systems and metering data acquisition. The supply segment engages in the wholesale trade of electricity, natural gas, and derivative products, as well as trading and management of CO2 emission allowances, property rights arising from certificates of origin that confirm electricity generation from renewable sources, and cogeneration and property rights arising from energy efficiency certificates and fuels; electricity and natural gas supply; and lighting service sales. The other segment is involved in the extraction of stone, including limestone for the needs of power generation, steel, construction, and road building industries, as well as the production of sorbents agents for wet desulphurization installations and fluidized bed boilers; and real estate administration and property security activities. The company was formerly known as Energetyka Poludnie S.A. and changed its name to TAURON Polska Energia S.A. in November 2007. TAURON Polska Energia S.A. was founded in 2006 and is based in Katowice, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 23:39
End of Day Share Price2020/05/29 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.