BUSE:ZWACK

Stock Analysis Report

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Executive Summary

Zwack Unicum Nyrt. manufactures and distributes alcoholic beverages in Hungary.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Zwack Unicum Nyrt's share price performed over time and what events caused price changes?


Latest Share Price and Events

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


Market Performance


7 Day Return

-0.3%

ZWACK

0.9%

HU Beverage

-1.9%

HU Market


1 Year Return

-5.4%

ZWACK

-27.6%

HU Beverage

-15.0%

HU Market

Return vs Industry: ZWACK exceeded the Hungarian Beverage industry which returned -27.6% over the past year.

Return vs Market: ZWACK exceeded the Hungarian Market which returned -15% over the past year.


Shareholder returns

ZWACKIndustryMarket
7 Day-0.3%0.9%-1.9%
30 Day-2.6%-6.9%-5.7%
90 Day1.8%8.3%10.6%
1 Year2.2%-5.4%-26.2%-27.6%-14.5%-15.0%
3 Year14.3%-6.4%-14.5%-19.5%5.7%-0.7%
5 Year27.5%-7.2%-9.9%-19.0%72.1%53.3%

Price Volatility Vs. Market

How volatile is Zwack Unicum Nyrt's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Zwack Unicum Nyrt undervalued compared to its fair value and its price relative to the market?

19.75x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: ZWACK (HUF16750) is trading above our estimate of fair value (HUF16185.26)

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


Price To Earnings Ratio

PE vs Industry: ZWACK is poor value based on its PE Ratio (19.8x) compared to the Beverage industry average (19x).

PE vs Market: ZWACK is poor value based on its PE Ratio (19.8x) compared to the Hungarian market (15.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ZWACK is overvalued based on its PB Ratio (5.4x) compared to the XE Beverage industry average (1.8x).


Next Steps

Future Growth

How is Zwack Unicum Nyrt forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

14.3%

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 Zwack Unicum Nyrt 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.


Next Steps

Past Performance

How has Zwack Unicum Nyrt performed over the past 5 years?

4.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZWACK has high quality earnings.

Growing Profit Margin: ZWACK's current net profit margins (12.1%) are lower than last year (16.7%).


Past Earnings Growth Analysis

Earnings Trend: ZWACK's earnings have grown by 4.4% per year over the past 5 years.

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

Earnings vs Industry: ZWACK had negative earnings growth (-35.3%) over the past year, making it difficult to compare to the Beverage industry average (2.8%).


Return on Equity

High ROE: ZWACK's Return on Equity (27.5%) is considered high.


Next Steps

Financial Health

How is Zwack Unicum Nyrt's financial position?


Financial Position Analysis

Short Term Liabilities: ZWACK's short term assets (HUF8.4B) exceed its short term liabilities (HUF5.3B).

Long Term Liabilities: ZWACK's short term assets (HUF8.4B) exceed its long term liabilities (HUF453.0M).


Debt to Equity History and Analysis

Debt Level: ZWACK's debt to equity ratio (19.4%) is considered satisfactory.

Reducing Debt: ZWACK had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

Debt Coverage: ZWACK's debt is well covered by operating cash flow (126.3%).

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


Balance Sheet


Next Steps

Dividend

What is Zwack Unicum Nyrt current dividend yield, its reliability and sustainability?

7.76%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: ZWACK's dividend (7.76%) is higher than the bottom 25% of dividend payers in the Hungarian market (2.39%).

High Dividend: ZWACK's dividend (7.76%) is in the top 25% of dividend payers in the Hungarian market (6.98%)


Stability and Growth of Payments

Stable Dividend: ZWACK has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: ZWACK's dividend payments have increased, but the company has only paid a dividend for 9 years.


Current Payout to Shareholders

Dividend Coverage: With its high payout ratio (153.3%), ZWACK's dividend payments are not well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

Ft2m

CEO Compensation


CEO

Frank Odzuck (61yo)

17.5yrs

Tenure

Ft2,300,000

Compensation

Mr. Frank Odzuck has been a General Manager of Zwack Unicum PLC since April 22, 2004 and its Chief Executive Officer since 2003. Mr. Odzuck has been with Hungary for over 15 years. He served as the Managin ...


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

Zwack Unicum Nyrt.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Zwack Unicum Nyrt.
  • Ticker: ZWACK
  • Exchange: BUSE
  • Founded: 1989
  • Industry: Distillers and Vintners
  • Sector: Food, Beverage & Tobacco
  • Market Cap: Ft33.500b
  • Shares outstanding: 2.00m
  • Website: https://www.zwackunicum.hu

Number of Employees


Location

  • Zwack Unicum Nyrt.
  • 26 Soroksári út
  • Budapest
  • 1095
  • Hungary

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZWACKBUSE (Budapest Stock Exchange)YesOrdinary SharesHUHUFJun 1993
ZWC1DB (Deutsche Boerse AG)YesOrdinary SharesDEEURJun 1993
0GLRLSE (London Stock Exchange)YesOrdinary SharesGBHUFJun 1993

Biography

Zwack Unicum Nyrt. manufactures and distributes alcoholic beverages in Hungary. It offers liqueur, vodka, whisky, wine, and other spirits primarily under the Unicum, Unicum Szilva, Unicum Next, Fütyülos, Vilmos, St. Hubertus, Kalinka, Zwack Sándor Nemes Pálinka, Zwack Maximilian, Kosher, Hírös, Portorico, Mecseki Itóka, ZIB, Unicum Riserva, Johnnie Walker, Diageo Reserve, Baileys, Captain Morgan, and various other international brand names. The company also exports its products. The company was founded in 1989 and is based in Budapest, Hungary. Zwack Unicum Nyrt. is a subsidiary of Peter Zwack & Consorten HAG. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/05 20:46
End of Day Share Price2020/07/03 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.