Kras d.d (ZGSE:KRAS) - Share price, News & Analysis

KRAS fundamental analysis
Snowflake Score
Valuation	0/6
Future Growth	0/6
Past Performance	4/6
Financial Health	6/6
Dividends	2/6

KRAS Stock Overview

Kraš d.d. engages in manufacture and sale of confectionery products in Croatia.

Rewards

Earnings grew by 41.3% over the past year

Risk Analysis

Earnings have declined by 1.6% per year over past 5 years

Kras d.d Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Kras d.d
Historical stock prices
Current Share Price	Kn760.00
52 Week High	Kn775.00
52 Week Low	Kn730.00
Beta	0.73
1 Month Change	0%
3 Month Change	0%
1 Year Change	3.40%
3 Year Change	94.87%
5 Year Change	52.00%
Change since IPO	2,742.26%

Recent News & Updates

May 12

Statutory Profit Doesn't Reflect How Good Kras d.d's (ZGSE:KRAS) Earnings Are

The subdued stock price reaction suggests that Kras d.d.'s ( ZGSE:KRAS ) strong earnings didn't offer any surprises...

Shareholder Returns

	KRAS	HR Food	HR Market
7D	0%	1.6%	0.4%
1Y	3.4%	5.5%	4.8%

Return vs Industry: KRAS underperformed the HR Food industry which returned 5.5% over the past year.

Return vs Market: KRAS underperformed the HR Market which returned 4.8% over the past year.

Price Volatility

Is KRAS's price volatile compared to industry and market?
KRAS volatility
KRAS Average Weekly Movement	0.3%
Food Industry Average Movement	5.2%
Market Average Movement	4.1%
10% most volatile stocks in HR Market	7.6%
10% least volatile stocks in HR Market	2.1%

Stable Share Price: KRAS is less volatile than 75% of HR stocks over the past 3 months, typically moving +/- 0% a week.

Volatility Over Time: KRAS's weekly volatility (0%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
1911	2,295	n/a	https://www.kras.hr

Kraš d.d. engages in manufacture and sale of confectionery products in Croatia. The company offers chocolate bars, boxes of chocolates, biscuits and wafers, and candies, as well as savoury, children, sugar-free, and home-baking products under various brands. It also exports its products.

Kras d.d Fundamentals Summary

How do Kras d.d's earnings and revenue compare to its market cap?
KRAS fundamental statistics
Market Cap	Kn1.08b
Earnings (TTM)	Kn35.69m
Revenue (TTM)	Kn1.06b

30.2x

P/E Ratio

1.0x

P/S Ratio

Is KRAS overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
KRAS income statement (TTM)
Revenue	Kn1.06b
Cost of Revenue	Kn581.25m
Gross Profit	Kn482.82m
Other Expenses	Kn447.13m
Earnings	Kn35.69m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	25.15
Gross Margin	45.38%
Net Profit Margin	3.35%
Debt/Equity Ratio	13.6%

How did KRAS perform over the long term?

See historical performance and comparison

Dividends

1.3%

Current Dividend Yield

47%

Payout Ratio

Does KRAS pay a reliable dividends?

See KRAS dividend history and benchmarks

When do you need to buy KRAS by to receive an upcoming dividend?
Kras d.d dividend dates
Ex Dividend Date	Jul 18 2022
Dividend Pay Date	Aug 12 2022
Days until Ex dividend	51 days
Days until Dividend pay date	76 days

Does KRAS pay a reliable dividends?

See KRAS dividend history and benchmarks

Valuation

Is Kras d.d undervalued compared to its fair value and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

Below Fair Value
Significantly Below Fair Value
PE vs Industry
PE vs Market
PEG Ratio
PB vs Industry

30.22x

Price to Earnings (PE) ratio

Share Price vs. Fair Value

Below Fair Value: KRAS (HRK760) is trading above our estimate of fair value (HRK561.47)

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

Price To Earnings Ratio

PE vs Industry: KRAS is poor value based on its Price-To-Earnings Ratio (30.2x) compared to the HR Food industry average (22.9x).

PE vs Market: KRAS is poor value based on its Price-To-Earnings Ratio (30.2x) compared to the HR market (15.6x).

Price to Earnings Growth Ratio

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

Price to Book Ratio

PB vs Industry: KRAS is overvalued based on its Price-To-Book Ratio (1.4x) compared to the HR Food industry average (0.9x).

Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

Earnings vs Savings Rate
Earnings vs Market
High Growth Earnings
Revenue vs Market
High Growth Revenue
Future ROE

0.7%

Forecasted Food, Beverage & Tobacco 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 Kras d.d 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.

Past Performance

How has Kras d.d performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

Quality Earnings
Growing Profit Margin
Earnings Trend
Accelerating Growth
Earnings vs Industry
High ROE

-1.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: KRAS has high quality earnings.

Growing Profit Margin: KRAS's current net profit margins (3.4%) are higher than last year (2.5%).

Past Earnings Growth Analysis

Earnings Trend: KRAS's earnings have declined by 1.6% per year over the past 5 years.

Accelerating Growth: KRAS's earnings growth over the past year (41.3%) exceeds its 5-year average (-1.6% per year).

Earnings vs Industry: KRAS earnings growth over the past year (41.3%) exceeded the Food industry 7.7%.

Return on Equity

High ROE: KRAS's Return on Equity (4.7%) is considered low.

Financial Health

How is Kras d.d's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

Short Term Liabilities
Long Term Liabilities
Debt Level
Reducing Debt
Debt Coverage
Interest Coverage

Financial Position Analysis

Short Term Liabilities: KRAS's short term assets (HRK537.1M) exceed its short term liabilities (HRK271.0M).

Long Term Liabilities: KRAS's short term assets (HRK537.1M) exceed its long term liabilities (HRK121.8M).

Debt to Equity History and Analysis

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

Reducing Debt: KRAS's debt to equity ratio has reduced from 60.5% to 13.6% over the past 5 years.

Debt Coverage: KRAS's debt is well covered by operating cash flow (136.8%).

Interest Coverage: KRAS's interest payments on its debt are well covered by EBIT (45.4x coverage).

Balance Sheet

Dividend

What is Kras d.d current dividend yield, its reliability and sustainability?

Dividend Score

1/6

Dividend Score 1/6

Notable Dividend
High Dividend
Stable Dividend
Growing Dividend
Earnings Coverage
Future Dividend Coverage

1.32%

Current Dividend Yield

Upcoming Dividend Payment

Dividend Yield vs Market

Notable Dividend: KRAS's dividend (1.32%) isn’t notable compared to the bottom 25% of dividend payers in the HR market (1.54%).

High Dividend: KRAS's dividend (1.32%) is low compared to the top 25% of dividend payers in the HR market (4.41%).

Stability and Growth of Payments

Stable Dividend: KRAS's dividend payments have been volatile in the past 10 years.

Growing Dividend: KRAS's dividend payments have fallen over the past 10 years.

Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (47.1%), KRAS's dividend payments are well covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (18.6%), KRAS's dividend payments are well covered by cash flows.

Discover strong dividend paying companies

Management

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

1.3yrs

Average management tenure

CEO

Kras d.d has no CEO, or we have no data on them.

Leadership Team

Experienced Management: KRAS's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.

Board Members

Experienced Board: KRAS's board of directors are not considered experienced ( 2.2 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.

Data	Last Updated (UTC time)
Company Analysis	2022/05/27 00:00
End of Day Share Price	2022/05/27 00:00
Earnings	2022/03/31
Annual Earnings	2021/12/31