KOEI

Koncar - Elektroindustrija d.dZGSE:KOEI Stock Report

Market Cap

Kn1.9b

7D

2.1%

1Y

16.7%

Updated

19 Sep, 2021

Data

Company Financials +
KOEI fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

KOEI Overview

Koncar - Elektroindustrija d.d. manufactures and sells electrical equipment for electric power infrastructure in Croatia.

Koncar - Elektroindustrija d.d Competitors

Siemens

XTRA:SIE

€119.5b

ABB

SWX:ABBN

CHF66.4b

Hyundai Motor

KOSE:A005380

₩44.1t

SC Retrasib

BVB:RTRA

RON83.9m

Price History & Performance

Summary of all time highs, changes and price drops for Koncar - Elektroindustrija d.d
Historical stock prices
Current Share PriceKn735.00
52 Week HighKn560.00
52 Week LowKn765.00
Beta0.58
1 Month Change0%
3 Month Change-2.65%
1 Year Change16.67%
3 Year Change9.70%
5 Year Change8.09%
Change since IPO-27.08%

Recent News & Updates

May 04
Is Koncar - Elektroindustrija d.d (ZGSE:KOEI) Using Too Much Debt?

Is Koncar - Elektroindustrija d.d (ZGSE:KOEI) Using Too Much Debt?

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Mar 11
What These Trends Mean At Koncar - Elektroindustrija d.d (ZGSE:KOEI)

What These Trends Mean At Koncar - Elektroindustrija d.d (ZGSE:KOEI)

What financial metrics can indicate to us that a company is maturing or even in decline? A business that's potentially...

Shareholder Returns

KOEIHR ElectricalHR Market
7D2.1%-1.3%-0.04%
1Y16.7%35.3%15.1%

Return vs Industry: KOEI underperformed the HR Electrical industry which returned 35.3% over the past year.

Return vs Market: KOEI exceeded the HR Market which returned 15.1% over the past year.

Price Volatility

Is KOEI's price volatile compared to industry and market?
KOEI volatility
KOEI Beta0.58
Industry Beta0.99
Market Beta1

Stable Share Price: KOEI is less volatile than 75% of HR stocks over the past 3 months, typically moving +/- 1% a week.

Volatility Over Time: KOEI's weekly volatility (1%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19213,591Gordan Kolakhttps://www.koncar.hr

Koncar - Elektroindustrija d.d. manufactures and sells electrical equipment for electric power infrastructure in Croatia. It offer generators; block, instrument, power, and distribution transformers; excitation systems; high voltage apparatus and switchgear; metal-enclosed gas-insulated switchgear; medium voltage switchgear; AC and DC uninterruptible power supply system; shielded, aluminum, and copper busbars; steel structures; medium appliances; ripple control systems; protection relays; substations MV/LV; and control and monitoring equipment, as well as monitoring of rotating machines and transformers for hydro power and thermal plants, and substations. The company also provides wind turbine, static frequency convertor, wind turbine control system, and welded construction equipment for wind power plants; and transport equipment.

Valuation

Is Koncar - Elektroindustrija d.d undervalued compared to its fair value and its price relative to the market?

16.71x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: KOEI (HRK735) is trading above our estimate of fair value (HRK327.78)

Significantly Below Fair Value: KOEI is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: KOEI is good value based on its PE Ratio (16.7x) compared to the European Electrical industry average (27x).

PE vs Market: KOEI is poor value based on its PE Ratio (16.7x) compared to the HR market (16.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: KOEI is good value based on its PB Ratio (0.8x) compared to the XE Electrical industry average (3.2x).


Future Growth

How is Koncar - Elektroindustrija d.d forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

4.2%

Forecasted annual revenue growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: Insufficient data to determine if KOEI's forecast earnings growth is above the savings rate (2%).

Earnings vs Market: Insufficient data to determine if KOEI's earnings are forecast to grow faster than the HR market

High Growth Earnings: Insufficient data to determine if earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KOEI's revenue (4.2% per year) is forecast to grow slower than the HR market (4.4% per year).

High Growth Revenue: KOEI's revenue (4.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: KOEI's Return on Equity is forecast to be low in 3 years time (4.4%).


Past Performance

How has Koncar - Elektroindustrija d.d performed over the past 5 years?

-17.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: KOEI has high quality earnings.

Growing Profit Margin: KOEI's current net profit margins (3.5%) are higher than last year (1.3%).


Past Earnings Growth Analysis

Earnings Trend: KOEI's earnings have declined by 17.5% per year over the past 5 years.

Accelerating Growth: KOEI's earnings growth over the past year (197%) exceeds its 5-year average (-17.5% per year).

Earnings vs Industry: KOEI earnings growth over the past year (197%) exceeded the Electrical industry 44.8%.


Return on Equity

High ROE: KOEI's Return on Equity (6.2%) is considered low.


Financial Health

How is Koncar - Elektroindustrija d.d's financial position?


Financial Position Analysis

Short Term Liabilities: KOEI's short term assets (HRK2.6B) exceed its short term liabilities (HRK1.3B).

Long Term Liabilities: KOEI's short term assets (HRK2.6B) exceed its long term liabilities (HRK179.9M).


Debt to Equity History and Analysis

Debt Level: KOEI's debt to equity ratio (8.8%) is considered satisfactory.

Reducing Debt: KOEI's debt to equity ratio has reduced from 10.9% to 8.8% over the past 5 years.

Debt Coverage: KOEI's debt is not well covered by operating cash flow (13.8%).

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


Balance Sheet


Dividend

What is Koncar - Elektroindustrija d.d current dividend yield, its reliability and sustainability?

0.79%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: KOEI's dividend (0.79%) isn’t notable compared to the bottom 25% of dividend payers in the HR market (1.84%).

High Dividend: KOEI's dividend (0.79%) is low compared to the top 25% of dividend payers in the HR market (4.12%).


Stability and Growth of Payments

Stable Dividend: KOEI is not paying a notable dividend for the HR market, therefore no need to check if payments are stable.

Growing Dividend: KOEI is not paying a notable dividend for the HR market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: KOEI is not paying a notable dividend for the HR market.


Future Payout to Shareholders

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


Next Steps

Management

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

1.6yrs

Average management tenure


CEO

Gordan Kolak

1.67yrs

Tenure

Mr. Gordan Kolak serves as President of Management Board at Koncar – Elektroindustrija d.d. since July 1, 2020 and its Member of Management Board. He served as Deputy President of Management Board at Konca...


Leadership Team

Experienced Management: KOEI's management team is not considered experienced ( 1.6 years average tenure), which suggests a new team.


Board Members

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

Koncar - Elektroindustrija d.d.'s employee growth, exchange listings and data sources


Key Information

  • Name: Koncar - Elektroindustrija d.d.
  • Ticker: KOEI
  • Exchange: ZGSE
  • Founded: 1921
  • Industry: Heavy Electrical Equipment
  • Sector: Capital Goods
  • Market Cap: Kn1.871b
  • Shares outstanding: 2.55m
  • Website: https://www.koncar.hr

Number of Employees


Location

  • Koncar - Elektroindustrija d.d.
  • Fallerovo Šetalište 22
  • Zagreb
  • 10000
  • Croatia

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/19 16:00
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.