AC Spólka Akcyjna manufactures and sells LPG and CNG autogas systems under the STAG brand for petrol and diesel engines in Poland.
Flawless balance sheet with acceptable track record.
Share Price & News
How has AC Spólka Akcyjna's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ACG has not had significant price volatility in the past 3 months.
7 Day Return
PL Auto Components
1 Year Return
PL Auto Components
Return vs Industry: ACG exceeded the Polish Auto Components industry which returned -7.1% over the past year.
Return vs Market: ACG exceeded the Polish Market which returned -7.6% over the past year.
Price Volatility Vs. Market
How volatile is AC Spólka Akcyjna's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 months ago | Simply Wall StBoasting A 38% Return On Equity, Is AC Spólka Akcyjna (WSE:ACG) A Top Quality Stock?
2 months ago | Simply Wall StDo Investors Have Good Reason To Be Wary Of AC Spólka Akcyjna's (WSE:ACG) 9.7% Dividend Yield?
3 months ago | Simply Wall StWhat Kind Of Shareholder Appears On The AC Spólka Akcyjna's (WSE:ACG) Shareholder Register?
Is AC Spólka Akcyjna undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ACG (PLN47.4) is trading above our estimate of fair value (PLN27.5)
Significantly Below Fair Value: ACG is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ACG is poor value based on its PE Ratio (12.3x) compared to the Auto Components industry average (11.3x).
PE vs Market: ACG is poor value based on its PE Ratio (12.3x) compared to the Polish market (12x).
Price to Earnings Growth Ratio
PEG Ratio: ACG is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: ACG is overvalued based on its PB Ratio (4.8x) compared to the XE Auto Components industry average (1.1x).
How is AC Spólka Akcyjna forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ACG's forecast earnings growth (3.7% per year) is above the savings rate (2%).
Earnings vs Market: ACG's earnings (3.7% per year) are forecast to grow slower than the Polish market (11.5% per year).
High Growth Earnings: ACG's earnings are forecast to grow, but not significantly.
Revenue vs Market: ACG's revenue (4.5% per year) is forecast to grow slower than the Polish market (6.1% per year).
High Growth Revenue: ACG's revenue (4.5% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ACG's Return on Equity is forecast to be high in 3 years time (27.2%)
How has AC Spólka Akcyjna performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ACG has a high level of non-cash earnings.
Growing Profit Margin: ACG's current net profit margins (16.3%) are lower than last year (16.9%).
Past Earnings Growth Analysis
Earnings Trend: ACG's earnings have grown by 9.2% per year over the past 5 years.
Accelerating Growth: ACG's earnings growth over the past year (4.1%) is below its 5-year average (9.2% per year).
Earnings vs Industry: ACG earnings growth over the past year (4.1%) exceeded the Auto Components industry -11.1%.
Return on Equity
High ROE: ACG's Return on Equity (38.4%) is considered high.
Return on Assets
Return on Capital Employed
How is AC Spólka Akcyjna's financial position?
Financial Position Analysis
Short Term Liabilities: ACG's short term assets (PLN93.8M) exceed its short term liabilities (PLN79.6M).
Long Term Liabilities: ACG's short term assets (PLN93.8M) exceed its long term liabilities (PLN11.8M).
Debt to Equity History and Analysis
Debt Level: ACG is debt free.
Reducing Debt: ACG had no debt 5 years ago.
Debt Coverage: ACG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ACG has no debt, therefore coverage of interest payments is not a concern.
Inventory Level: ACG has a high level of physical assets or inventory.
Debt Coverage by Assets: ACG's debt is not covered by short term assets (assets are -1202.4x debt).
What is AC Spólka Akcyjna's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: ACG's dividend (8.31%) is higher than the bottom 25% of dividend payers in the Polish market (2.37%).
High Dividend: ACG's dividend (8.31%) is in the top 25% of dividend payers in the Polish market (6.55%)
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, ACG has been paying a dividend for less than 10 years.
Growing Dividend: ACG's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (102.4%), ACG's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: ACG's dividends in 3 years are forecast to be covered by earnings (84% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Anatol Timoszuk 0
Mr. Anatol Timoszuk has been the President of the Management Board at AC Spólka Akcyjna since October 1, 2019. Mr. Timoszuk has been the President of the Management Board at PMB S.A. since 2011. Mr. Timosz ...
|Chairman of the Supervisory Board||9.1yrs||no data||no data|
|Member of the Supervisory Board||13.1yrs||no data||no data|
|Member of the Supervisory Board||0.3yrs||no data||no data|
|Independent Supervisory Board Member||0yrs||no data||0.74% PLN3.5m|
Experienced Board: ACG's board of directors are considered experienced (9.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
AC Spólka Akcyjna's company bio, employee growth, exchange listings and data sources
- Name: AC Spólka Akcyjna
- Ticker: ACG
- Exchange: WSE
- Founded: 1986
- Industry: Auto Parts and Equipment
- Sector: Automobiles
- Market Cap: zł470.230m
- Shares outstanding: 9.88m
- Website: https://www.ac.com.pl
- AC Spólka Akcyjna
- ul. 42 Pulku Piechoty 50
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|ACG||WSE (Warsaw Stock Exchange)||Yes||Bearer Shares||PL||PLN||Aug 2011|
|0Q3E||LSE (London Stock Exchange)||Yes||Bearer Shares||GB||PLN||Aug 2011|
AC Spólka Akcyjna manufactures and sells LPG and CNG autogas systems under the STAG brand for petrol and diesel engines in Poland. It offers mobile applications; LPG/CNG controllers for Q-GENRATION, direct petrol injection, diesel, and economic lines; LPG/CNG injection rails; LPG and CNG reducers; fuel injector, level, and pressure emulator products; switches; fuel level indicators; timing advance processors; pressure sensors; LPG/CNG recorders; chiptuning products; interfaces; and filters. The company also provides auto parts, such as fuses, fuse boxes, fuse holders, hose clamps, cable ties, terminals, connectors, rotating beacons, horns, plugs and sockets, trailer cables, adapters, spiral coils, car electronics, electrotechnics, tachograph accessories, and various other accessories; and leak testers, tanks toroidals, penetrants, cylindrical tanks, silicon sprays, and antifreeze products under the TytanGas Protect brand. In addition, it exports its products. AC Spólka Akcyjna was founded in 1986 and is based in Bialystok, Poland.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/20 22:17|
|End of Day Share Price||2020/02/20 00:00|
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.