NOT FOR DISTRIBUTION
Header cover image

Market Cap

Kn2.5b

Last Updated

2021/09/20 16:00 UTC

Data Sources

Company Financials

Executive Summary

Petrokemija d.d. manufactures and sells mineral fertilizers in Croatia and internationally. More Details


Snowflake Analysis

Excellent balance sheet with questionable track record.

Share Price & News

How has Petrokemija d.d's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PTKM is more volatile than 75% of HR stocks over the past 3 months, typically moving +/- 7% a week.

Volatility Over Time: PTKM's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of HR stocks.


Market Performance


7 Day Return

-10.4%

PTKM

-1.8%

HR Chemicals

-0.04%

HR Market


1 Year Return

-42.8%

PTKM

19.5%

HR Chemicals

15.1%

HR Market

Return vs Industry: PTKM underperformed the HR Chemicals industry which returned 19.5% over the past year.

Return vs Market: PTKM underperformed the HR Market which returned 15.1% over the past year.


Shareholder returns

PTKMIndustryMarket
7 Day-10.4%-1.8%-0.04%
30 Day-11.2%-2.2%0.7%
90 Day-12.2%2.5%2.6%
1 Year-42.8%-42.8%22.5%19.5%16.5%15.1%
3 Year-12.5%-12.5%32.6%20.3%17.3%9.7%
5 Year-85.0%-85.0%67.7%43.3%11.4%0.3%

Long-Term Price Volatility Vs. Market

How volatile is Petrokemija d.d's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

30.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

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

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


Price To Earnings Ratio

PE vs Industry: PTKM is poor value based on its PE Ratio (30.2x) compared to the European Chemicals industry average (19.1x).

PE vs Market: PTKM is poor value based on its PE Ratio (30.2x) compared to the HR market (16.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PTKM is overvalued based on its PB Ratio (3.5x) compared to the XE Chemicals industry average (2.6x).


Future Growth

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

4.9%

Forecasted Materials 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 Petrokemija 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 Petrokemija d.d performed over the past 5 years?

39.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTKM has high quality earnings.

Growing Profit Margin: PTKM's current net profit margins (4.4%) are lower than last year (17.9%).


Past Earnings Growth Analysis

Earnings Trend: PTKM has become profitable over the past 5 years, growing earnings by 39.4% per year.

Accelerating Growth: PTKM's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: PTKM had negative earnings growth (-77.6%) over the past year, making it difficult to compare to the Chemicals industry average (45.7%).


Return on Equity

High ROE: PTKM's Return on Equity (11.4%) is considered low.


Financial Health

How is Petrokemija d.d's financial position?


Financial Position Analysis

Short Term Liabilities: PTKM's short term assets (HRK411.3M) do not cover its short term liabilities (HRK617.2M).

Long Term Liabilities: PTKM's short term assets (HRK411.3M) exceed its long term liabilities (HRK115.5M).


Debt to Equity History and Analysis

Debt Level: PTKM's debt to equity ratio (14.6%) is considered satisfactory.

Reducing Debt: PTKM's debt to equity ratio has reduced from 360.2% to 14.6% over the past 5 years.

Debt Coverage: PTKM's debt is well covered by operating cash flow (63.9%).

Interest Coverage: PTKM's interest payments on its debt are well covered by EBIT (12.4x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if PTKM'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 PTKM'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?

1.8yrs

Average management tenure


CEO

Davor Žmegac

3.67yrs

Tenure

Mr. Davor Žmegac has been Member of Management Board at PETROKEMIJA d.d. since May 29, 2017 and serves as its President of the Management Board since October 31, 2018.


Leadership Team

Experienced Management: PTKM's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: PTKM's board of directors are not considered experienced ( 2.9 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

Petrokemija d.d.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Petrokemija d.d.
  • Ticker: PTKM
  • Exchange: ZGSE
  • Founded: 1926
  • Industry: Diversified Chemicals
  • Sector: Materials
  • Market Cap: Kn2.509b
  • Shares outstanding: 55.03m
  • Website: https://www.petrokemija.hr

Number of Employees


Location

  • Petrokemija d.d.
  • Aleja Vukovar 4
  • Kutina
  • 44320
  • Croatia

Listings


Biography

Petrokemija d.d. manufactures and sells mineral fertilizers in Croatia and internationally. The company offers mineral fertilizers, including compound and liquid fertilizers, as well as strait nitrogen, ni...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/20 16:00
End of Day Share Price2021/09/20 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.