DB:6PG

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PGE Polska Grupa Energetyczna

Executive Summary

PGE Polska Grupa Energetyczna S.A. engages in the production, transmission, and distribution of electricity in Poland.


Snowflake Analysis

Fair value with moderate growth potential.


Similar Companies

Share Price & News

How has PGE Polska Grupa Energetyczna's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 6PG's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-14.1%

6PG

-0.5%

DE Electric Utilities

-1.6%

DE Market


1 Year Return

-22.0%

6PG

16.3%

DE Electric Utilities

8.3%

DE Market

Return vs Industry: 6PG underperformed the German Electric Utilities industry which returned 16.3% over the past year.

Return vs Market: 6PG underperformed the German Market which returned 8.3% over the past year.


Shareholder returns

6PGIndustryMarket
7 Day-14.1%-0.5%-1.6%
30 Day-4.8%2.3%0.2%
90 Day79.8%19.2%12.8%
1 Year-22.0%-22.0%20.6%16.3%10.7%8.3%
3 Year-52.7%-52.7%61.5%43.1%3.8%-4.5%
5 Year-58.9%-62.0%54.7%20.7%9.6%-5.2%

Price Volatility Vs. Market

How volatile is PGE Polska Grupa Energetyczna's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is PGE Polska Grupa Energetyczna 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: 6PG (€1.48) is trading below our estimate of fair value (€3.95)

Significantly Below Fair Value: 6PG is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 6PG is unprofitable, so we can't compare its PE Ratio to the XE Electric Utilities industry average.

PE vs Market: 6PG 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 6PG's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 6PG is good value based on its PB Ratio (0.3x) compared to the XE Electric Utilities industry average (0.7x).


Next Steps

Future Growth

How is PGE Polska Grupa Energetyczna forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

28.0%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 6PG is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (0.2%).

Earnings vs Market: 6PG is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: 6PG's is expected to become profitable in the next 3 years.

Revenue vs Market: 6PG's revenue (2.8% per year) is forecast to grow slower than the German market (5.9% per year).

High Growth Revenue: 6PG's revenue (2.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 6PG's Return on Equity is forecast to be low in 3 years time (4.6%).


Next Steps

  • Explore growth companies in the Utilities industry.

Past Performance

How has PGE Polska Grupa Energetyczna performed over the past 5 years?

3.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 6PG is currently unprofitable.

Growing Profit Margin: 6PG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 6PG is unprofitable, but has reduced losses over the past 5 years at a rate of 3.1% per year.

Accelerating Growth: Unable to compare 6PG's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 6PG is unprofitable, making it difficult to compare its past year earnings growth to the Electric Utilities industry (4.6%).


Return on Equity

High ROE: 6PG has a negative Return on Equity (-9.27%), as it is currently unprofitable.


Next Steps

Financial Health

How is PGE Polska Grupa Energetyczna's financial position?


Financial Position Analysis

Short Term Liabilities: 6PG's short term assets (PLN16.0B) exceed its short term liabilities (PLN14.8B).

Long Term Liabilities: 6PG's short term assets (PLN16.0B) do not cover its long term liabilities (PLN22.5B).


Debt to Equity History and Analysis

Debt Level: 6PG's debt to equity ratio (32.7%) is considered satisfactory.

Reducing Debt: 6PG's debt to equity ratio has increased from 10.8% to 32.7% over the past 5 years.

Debt Coverage: 6PG's debt is well covered by operating cash flow (44.1%).

Interest Coverage: 6PG is unprofitable, therefore interest payments are not well covered by earnings.


Balance Sheet


Next Steps

Dividend

What is PGE Polska Grupa Energetyczna current dividend yield, its reliability and sustainability?

1.34%

Forecast Dividend Yield


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 6PG's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate 6PG'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 6PG's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 6PG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 6PG is not paying a notable dividend for the German market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 6PG'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?

4.4yrs

Average board tenure


CEO

Wojciech Dabrowski

0.50

Tenure

Wojciech Dabrowski serves as Chief executive Officer and Head of Management Board at PGE Polska Grupa Energetyczna S.A. since February 20, 2020.


Board Members

NamePositionTenureCompensationOwnership
Grzegorz Kuczynski
Secretary of the Supervisory Board & Member of the Supervisory Board4.42yrsno datano data
Anna Kowalik
Chairwoman of the Supervisory Board4.83yrsno datano data
Janina Goss
Independent Member of the Supervisory Board4.42yrsno datano data
Mieczyslaw Sawaryn
Independent Member of the Supervisory Board4.42yrsno datano data
Artur Skladanek
Independent Vice-Chairman of the Supervisory Boardno datano datano data
Tomasz Hapunowicz
Independent Member of the Supervisory Board2.58yrsno datano data
Jerzy Sawicki
Independent Member of the Supervisory Board2.08yrsno datano data
Radoslaw Winiarski
Member of the Supervisory Board1.75yrsno datano data

4.4yrs

Average Tenure

Experienced Board: 6PG's board of directors are considered experienced (4.4 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

PGE Polska Grupa Energetyczna S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: PGE Polska Grupa Energetyczna S.A.
  • Ticker: 6PG
  • Exchange: DB
  • Founded: 2007
  • Industry: Electric Utilities
  • Sector: Utilities
  • Market Cap: zł12.759b
  • Listing Market Cap: zł2.902b
  • Shares outstanding: 1.87b
  • Website: https://www.gkpge.pl

Number of Employees


Location

  • PGE Polska Grupa Energetyczna S.A.
  • ul. Mysia 2
  • Warsaw
  • 00-496
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PGEWSE (Warsaw Stock Exchange)YesOrdinary Bearer SharesPLPLNDec 2009
0MN3LSE (London Stock Exchange)YesOrdinary Bearer SharesGBPLNDec 2009
6PGDB (Deutsche Boerse AG)YesOrdinary Bearer SharesDEEURDec 2009
PGEWBATS-CHIXE (BATS 'Chi-X Europe')YesOrdinary Bearer SharesGBPLNDec 2009
PGPK.YOTCPK (Pink Sheets LLC)ADRUSUSDOct 2011

Biography

PGE Polska Grupa Energetyczna S.A. engages in the production, transmission, and distribution of electricity in Poland. The company operates through five segments: Conventional Generation, Renewables, Suppl ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/04 21:41
End of Day Share Price2020/08/04 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.