WSE:APE

Stock Analysis Report

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Executive Summary

APS Energia SA designs, produces, and sells uninterruptible power supply systems for the production, heating, industry, telecommunications, medicine, and other sectors worldwide. More Details


Snowflake Analysis

Excellent balance sheet and slightly overvalued.

Share Price & News

How has APS Energia's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: APE is more volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 11% a week.

Volatility Over Time: APE's weekly volatility (11%) has been stable over the past year, but is still higher than 75% of Polish stocks.


Market Performance


7 Day Return

-6.7%

APE

-1.6%

PL Electrical

-2.9%

PL Market


1 Year Return

104.1%

APE

150.2%

PL Electrical

18.9%

PL Market

Return vs Industry: APE underperformed the Polish Electrical industry which returned 120.3% over the past year.

Return vs Market: APE exceeded the Polish Market which returned 15.8% over the past year.


Shareholder returns

APEIndustryMarket
7 Day-6.7%-1.6%-2.9%
30 Day36.7%8.8%1.2%
90 Day135.1%-6.9%6.2%
1 Year110.7%104.1%150.5%150.2%20.0%18.9%
3 Year55.3%45.1%315.3%306.9%-4.1%-9.9%
5 Year10.0%1.8%191.2%174.5%18.8%5.3%

Long-Term Price Volatility Vs. Market

How volatile is APS Energia's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is APS Energia undervalued compared to its fair value and its price relative to the market?

20.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: APE (PLN4.02) is trading below our estimate of fair value (PLN5.05)

Significantly Below Fair Value: APE is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: APE is poor value based on its PE Ratio (26.9x) compared to the PL Electrical industry average (22.1x).

PE vs Market: APE is poor value based on its PE Ratio (26.9x) compared to the Polish market (15.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: APE is overvalued based on its PB Ratio (2.6x) compared to the PL Electrical industry average (2.1x).


Next Steps

Future Growth

How is APS Energia forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

31.5%

Forecasted Capital Goods 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 APS Energia 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 APS Energia performed over the past 5 years?

26.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: APE has a large one-off gain of PLN4.3M impacting its September 30 2020 financial results.

Growing Profit Margin: APE's current net profit margins (3.9%) are higher than last year (3.5%).


Past Earnings Growth Analysis

Earnings Trend: APE's earnings have grown significantly by 26.4% per year over the past 5 years.

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

Earnings vs Industry: APE had negative earnings growth (-5.4%) over the past year, making it difficult to compare to the Electrical industry average (13%).


Return on Equity

High ROE: APE's Return on Equity (9.6%) is considered low.


Next Steps

Financial Health

How is APS Energia's financial position?


Financial Position Analysis

Short Term Liabilities: APE's short term assets (PLN49.0M) exceed its short term liabilities (PLN22.9M).

Long Term Liabilities: APE's short term assets (PLN49.0M) exceed its long term liabilities (PLN27.3M).


Debt to Equity History and Analysis

Debt Level: APE's debt to equity ratio (25.9%) is considered satisfactory.

Reducing Debt: APE's debt to equity ratio has increased from 18.2% to 25.9% over the past 5 years.

Debt Coverage: APE's debt is well covered by operating cash flow (43.6%).

Interest Coverage: APE's interest payments on its debt are well covered by EBIT (3.4x coverage).


Balance Sheet


Next Steps

Dividend

What is APS Energia current dividend yield, its reliability and sustainability?

1.24%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: APE's dividend (1.24%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (1.54%).

High Dividend: APE's dividend (1.24%) is low compared to the top 25% of dividend payers in the Polish market (4.94%).


Stability and Growth of Payments

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

Growing Dividend: APE's dividend payments have increased, but the company has only paid a dividend for 7 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (33.4%), APE's dividend payments are 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?

zł581k

CEO Compensation


CEO

Piotr Szewczyk

11.08yrs

Tenure

zł581,000

Compensation

Mr. Piotr Sylwester Szewczyk has been Chairman of the Management Board at APS Energia Spólka Akcyjna since January 18, 2010. Mr. Szewczyk is responsible for the company's growth strategy, financial policy,...


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

APS Energia SA's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: APS Energia SA
  • Ticker: APE
  • Exchange: WSE
  • Founded: 1995
  • Industry: Electrical Components and Equipment
  • Sector: Capital Goods
  • Market Cap: zł115.561m
  • Shares outstanding: 28.19m
  • Website: https://www.apsenergia.pl

Location

  • APS Energia SA
  • Struzanska 14 Street
  • Stanislawów Pierwszy
  • Warsaw
  • 05-126
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
APEWSE (Warsaw Stock Exchange)YesBearer SharesPLPLNAug 2013

Biography

APS Energia SA designs, produces, and sells uninterruptible power supply systems for the production, heating, industry, telecommunications, medicine, and other sectors worldwide. The company offers emergen...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 18:06
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.