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SNK

Sanok Rubber Company Spólka Akcyjna WSE:SNK Stock Report

Last Price

zł12.88

Market Cap

zł346.2m

7D

-2.4%

1Y

-48.5%

Updated

07 Aug, 2022

Data

Company Financials +
SNK fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance1/6
Financial Health5/6
Dividends3/6

SNK Stock Overview

Sanok Rubber Company Spólka Akcyjna provides rubber products, rubber-to-metal articles, and rubber with other materials for automotive, construction, agriculture, pharmacy, and household appliance markets in Europe and internationally.

Sanok Rubber Company Spólka Akcyjna Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Sanok Rubber Company Spólka Akcyjna
Historical stock prices
Current Share Pricezł12.88
52 Week Highzł27.70
52 Week Lowzł10.50
Beta1.3
1 Month Change-7.07%
3 Month Change9.52%
1 Year Change-48.48%
3 Year Change-41.72%
5 Year Change-78.46%
Change since IPO114.67%

Recent News & Updates

Jul 19
Is There An Opportunity With Sanok Rubber Company Spólka Akcyjna's (WSE:SNK) 21% Undervaluation?

Is There An Opportunity With Sanok Rubber Company Spólka Akcyjna's (WSE:SNK) 21% Undervaluation?

Does the July share price for Sanok Rubber Company Spólka Akcyjna ( WSE:SNK ) reflect what it's really worth? Today, we...

Shareholder Returns

SNKPL Auto ComponentsPL Market
7D-2.4%-0.8%-2.1%
1Y-48.5%-30.1%-23.4%

Return vs Industry: SNK underperformed the Polish Auto Components industry which returned -30.1% over the past year.

Return vs Market: SNK underperformed the Polish Market which returned -23.4% over the past year.

Price Volatility

Is SNK's price volatile compared to industry and market?
SNK volatility
SNK Average Weekly Movement5.8%
Auto Components Industry Average Movement5.9%
Market Average Movement6.6%
10% most volatile stocks in PL Market12.0%
10% least volatile stocks in PL Market4.2%

Stable Share Price: SNK is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: SNK's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19323,235Piotr Szamburskihttps://www.sanokrubber.com

Sanok Rubber Company Spólka Akcyjna provides rubber products, rubber-to-metal articles, and rubber with other materials for automotive, construction, agriculture, pharmacy, and household appliance markets in Europe and internationally. The company offers anti-vibration systems for springs and dampers, stabilizer bars and links, exhaust systems, steering systems, suspension arms, and subframes; car body sealing systems for convertibles, passenger cars, vans, and trucks lorries; gaskets for PVC, aluminum, wooden windows, gutters, facade systems, ventilation systems, and garage gates; and self-adhesive gaskets for wood joinery. It also provides V-belts, harvest belts, garden belts, and pneumablocs; closures for containers; and pistons for disposable syringes and insulin pen injectors.

Sanok Rubber Company Spólka Akcyjna Fundamentals Summary

How do Sanok Rubber Company Spólka Akcyjna's earnings and revenue compare to its market cap?
SNK fundamental statistics
Market Capzł346.24m
Earnings (TTM)zł18.92m
Revenue (TTM)zł1.19b

18.3x

P/E Ratio

0.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
SNK income statement (TTM)
Revenuezł1.19b
Cost of Revenuezł1.16b
Gross Profitzł31.68m
Other Expenseszł12.76m
Earningszł18.92m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Sep 30, 2022

Earnings per share (EPS)0.70
Gross Margin2.66%
Net Profit Margin1.59%
Debt/Equity Ratio34.8%

How did SNK perform over the long term?

See historical performance and comparison

Dividends

7.8%

Current Dividend Yield

142%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is SNK undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for SNK?

Other financial metrics that can be useful for relative valuation.

SNK key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.4x
Enterprise Value/EBITDA5.8x
PEG Ratio1.5x

Price to Earnings Ratio vs Peers

How does SNK's PE Ratio compare to its peers?

SNK PE Ratio vs Peers
The above table shows the PE ratio for SNK vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average41.2x
DBC Tire Company Debica
15xn/azł866.8m
ACG AC Spólka Akcyjna
9.6xn/azł232.7m
A163560 DRB Industrial
85.8xn/a₩98.1b
CSM Southern Rubber Industry
54.3xn/a₫1.8t
SNK Sanok Rubber Company Spólka Akcyjna
18.3x12.0%zł346.2m

Price-To-Earnings vs Peers: SNK is good value based on its Price-To-Earnings Ratio (18.3x) compared to the peer average (41.2x).


Price to Earnings Ratio vs Industry

How does SNK's PE Ratio compare vs other companies in the European Auto Components Industry?

Price-To-Earnings vs Industry: SNK is expensive based on its Price-To-Earnings Ratio (18.3x) compared to the European Auto Components industry average (12.4x)


Price to Earnings Ratio vs Fair Ratio

What is SNK's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

SNK PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio18.3x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate SNK's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of SNK when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: SNK (PLN12.88) is trading below our estimate of fair value (PLN15.43)

Significantly Below Fair Value: SNK is trading below fair value, but not by a significant amount.


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

How is Sanok Rubber Company Spólka Akcyjna forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

Future Growth Score

2/6

Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


12.0%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: SNK's forecast earnings growth (12% per year) is above the savings rate (2.6%).

Earnings vs Market: SNK's earnings (12% per year) are forecast to grow faster than the Polish market (7.2% per year).

High Growth Earnings: SNK's earnings are forecast to grow, but not significantly.

Revenue vs Market: SNK's revenue (2.6% per year) is forecast to grow slower than the Polish market (5.4% per year).

High Growth Revenue: SNK's revenue (2.6% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if SNK's Return on Equity is forecast to be high in 3 years time


Discover growth companies

Past Performance

How has Sanok Rubber Company Spólka Akcyjna performed over the past 5 years?

Past Performance Score

1/6

Past Performance Score 1/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-23.1%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: SNK has high quality earnings.

Growing Profit Margin: SNK's current net profit margins (1.6%) are lower than last year (4.3%).


Past Earnings Growth Analysis

Earnings Trend: SNK's earnings have declined by 23.1% per year over the past 5 years.

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

Earnings vs Industry: SNK had negative earnings growth (-56.8%) over the past year, making it difficult to compare to the Auto Components industry average (-2.6%).


Return on Equity

High ROE: SNK's Return on Equity (3.7%) is considered low.


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Financial Health

How is Sanok Rubber Company Spólka Akcyjna's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: SNK's short term assets (PLN528.3M) exceed its short term liabilities (PLN322.0M).

Long Term Liabilities: SNK's short term assets (PLN528.3M) exceed its long term liabilities (PLN142.0M).


Debt to Equity History and Analysis

Debt Level: SNK's net debt to equity ratio (22.3%) is considered satisfactory.

Reducing Debt: SNK's debt to equity ratio has increased from 32.8% to 34.8% over the past 5 years.

Debt Coverage: SNK's debt is well covered by operating cash flow (27.2%).

Interest Coverage: SNK's interest payments on its debt are well covered by EBIT (24.9x coverage).


Balance Sheet


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Dividend

What is Sanok Rubber Company Spólka Akcyjna current dividend yield, its reliability and sustainability?

Dividend Score

3/6

Dividend Score 3/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage


7.76%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: SNK's dividend (7.76%) is higher than the bottom 25% of dividend payers in the Polish market (2.74%).

High Dividend: SNK's dividend (7.76%) is low compared to the top 25% of dividend payers in the Polish market (8.59%).


Stability and Growth of Payments

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

Growing Dividend: SNK's dividend payments have increased over the past 10 years.


Earnings Payout to Shareholders

Earnings Coverage: With its high payout ratio (142.1%), SNK's dividend payments are not well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (65.6%), SNK's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Management

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

4.7yrs

Average management tenure


CEO

Piotr Szamburski

6.75yrs

Tenure

zł718,200

Compensation

Mr. Piotr Szamburski has been President of Management Board and Chief Executive Officer at Sanok Rubber Company Spólka Akcyjna since October 25, 2017 and its Member of Management Board since November 23, 2...


CEO Compensation Analysis

Compensation vs Market: Insufficient data to establish whether Piotr's total compensation is reasonable compared to companies of similar size in the Polish market.

Compensation vs Earnings: Piotr's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: SNK's management team is considered experienced (4.7 years average tenure).


Board Members

Experienced Board: SNK's board of directors are not considered experienced ( 1.6 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

Sanok Rubber Company Spólka Akcyjna's employee growth, exchange listings and data sources


Key Information

  • Name: Sanok Rubber Company Spólka Akcyjna
  • Ticker: SNK
  • Exchange: WSE
  • Founded: 1932
  • Industry: Tires and Rubber
  • Sector: Automobiles
  • Implied Market Cap: zł346.239m
  • Shares outstanding: 26.88m
  • Website: https://www.sanokrubber.com

Number of Employees


Location

  • Sanok Rubber Company Spólka Akcyjna
  • ul. Przemyska 24
  • Sanok
  • 38-500
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/08/07 00:00
End of Day Share Price2022/08/05 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.