ENXTPA:PWG

Stock Analysis Report

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Executive Summary

Prodways Group SA manufactures and sells industrial and professional 3D printers in Europe. More Details


Snowflake Analysis

Excellent balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

3.3%

PWG

0.2%

FR Machinery

-0.6%

FR Market


1 Year Return

-28.0%

PWG

11.0%

FR Machinery

-7.9%

FR Market

Return vs Industry: PWG underperformed the French Machinery industry which returned 11% over the past year.

Return vs Market: PWG underperformed the French Market which returned -7.9% over the past year.


Shareholder returns

PWGIndustryMarket
7 Day3.3%0.2%-0.6%
30 Day18.0%-1.6%4.1%
90 Day3.3%-11.7%0.9%
1 Year-28.0%-28.0%11.2%11.0%-5.9%-7.9%
3 Year-69.3%-69.3%12.1%0.3%4.8%-4.2%
5 Yearn/a50.2%31.5%30.2%12.3%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

1.28x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate PWG's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate PWG's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: PWG is unprofitable, so we can't compare its PE Ratio to the FR Machinery industry average.

PE vs Market: PWG is unprofitable, so we can't compare its PE Ratio to the French market.


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PWG is good value based on its PB Ratio (1.3x) compared to the FR Machinery industry average (1.4x).


Next Steps

Future Growth

How is Prodways Group forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

73.7%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: PWG is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: PWG is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: PWG is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: PWG's revenue (7.1% per year) is forecast to grow faster than the French market (6.8% per year).

High Growth Revenue: PWG's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: PWG is forecast to be unprofitable in 3 years.


Next Steps

Past Performance

How has Prodways Group performed over the past 5 years?

2.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PWG is currently unprofitable.

Growing Profit Margin: PWG is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PWG is unprofitable, but has reduced losses over the past 5 years at a rate of 2.3% per year.

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

Earnings vs Industry: PWG is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-19.2%).


Return on Equity

High ROE: PWG has a negative Return on Equity (-14.8%), as it is currently unprofitable.


Next Steps

Financial Health

How is Prodways Group's financial position?


Financial Position Analysis

Short Term Liabilities: PWG's short term assets (€44.3M) exceed its short term liabilities (€30.1M).

Long Term Liabilities: PWG's short term assets (€44.3M) exceed its long term liabilities (€15.7M).


Debt to Equity History and Analysis

Debt Level: PWG's debt to equity ratio (22.1%) is considered satisfactory.

Reducing Debt: PWG's debt to equity ratio has increased from 6.8% to 22.1% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: PWG has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: PWG has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 7.7% each year


Next Steps

Dividend

What is Prodways Group current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

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

3.4yrs

Average board tenure


CEO

Olivier Strebelle (40 yo)

2yrs

Tenure

€680,870

Compensation

Mr. Olivier Strebelle is Chief Executive Officer of PRODWAYS GROUP since October 04, 2018. Mr. Strebelle was Deputy Chief Executive Officer of Strategy and Business Development at Groupe Gorge SA since May ...


CEO Compensation Analysis

Compensation vs Market: Olivier's total compensation ($USD805.95K) is above average for companies of similar size in the French market ($USD289.97K).

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


Board Members

NamePositionTenureCompensationOwnership
Olivier Strebelle
CEO & Director2yrs€680.87kno data
Raphaël Gorgé
Chairman5.33yrs€403.39kno data
Loic Le Berre
Observer0.58yr€261.90kno data
Céline Leroy
Director1.33yrs€154.59kno data
Paul-François Fournier
Independent Director3.42yrsno datano data
Catherine Gorgé
Director3.42yrs€12.72kno data
Hélène de Cointet
Director3.5yrs€33.33kno data
Michèle Lesieur
Independent Director1.33yrsno datano data
Yvon Gallet
Chairman of Initialno datano datano data
Florent Illat
Independent Director3.5yrsno datano data

3.4yrs

Average Tenure

46yo

Average Age

Experienced Board: PWG's board of directors are considered experienced (3.4 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

Prodways Group SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Prodways Group SA
  • Ticker: PWG
  • Exchange: ENXTPA
  • Founded: 2013
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: €88.524m
  • Shares outstanding: 51.02m
  • Website: https://www.prodways-group.com

Number of Employees


Location

  • Prodways Group SA
  • 19, rue du Quatre-Septembre
  • Paris
  • Ile-de-France
  • 75002
  • France

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PWGENXTPA (Euronext Paris)YesShare CapitalFREURMay 2017
PWGPBATS-CHIXE (BATS 'Chi-X Europe')YesShare CapitalGBEURMay 2017
5PDBST (Boerse-Stuttgart)YesShare CapitalDEEURMay 2017
0RQBLSE (London Stock Exchange)YesShare CapitalGBEURMay 2017
PRWY.FOTCPK (Pink Sheets LLC)YesShare CapitalUSUSDMay 2017

Biography

Prodways Group SA manufactures and sells industrial and professional 3D printers in Europe. It operates through two segments, Systems and Products. The Systems segment offers machines, such as 3D printing ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/25 21:39
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
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.