NOT FOR DISTRIBUTION
Header cover image

Market Cap

zł99.0m

Last Updated

2021/05/07 19:10 UTC

Data Sources

Company Financials

Executive Summary

Berling S.A. engages in the wholesale of refrigeration equipment in Poland. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: BRG is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: BRG's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

15.4%

BRG

11.5%

PL Trade Distributors

1.2%

PL Market


1 Year Return

72.7%

BRG

149.1%

PL Trade Distributors

42.2%

PL Market

Return vs Industry: BRG underperformed the Polish Trade Distributors industry which returned 149.2% over the past year.

Return vs Market: BRG exceeded the Polish Market which returned 41.3% over the past year.


Shareholder returns

BRGIndustryMarket
7 Day15.4%11.5%1.2%
30 Day26.7%19.9%3.0%
90 Day29.5%36.3%6.2%
1 Year72.7%72.7%156.8%149.1%43.8%42.2%
3 Year59.9%57.5%68.3%55.8%4.5%-1.6%
5 Year49.6%31.0%81.4%61.9%30.7%16.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

28.2%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: BRG (PLN5.7) is trading below our estimate of fair value (PLN7.94)

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


Price To Earnings Ratio

PE vs Industry: BRG is good value based on its PE Ratio (8x) compared to the PL Trade Distributors industry average (13.7x).

PE vs Market: BRG is good value based on its PE Ratio (8x) compared to the Polish market (15.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BRG is good value based on its PB Ratio (0.8x) compared to the PL Trade Distributors industry average (1.4x).


Future Growth

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

17.2%

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 Berling 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 Berling performed over the past 5 years?

10.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: BRG has high quality earnings.

Growing Profit Margin: BRG's current net profit margins (14.8%) are higher than last year (10.5%).


Past Earnings Growth Analysis

Earnings Trend: BRG's earnings have grown by 10.9% per year over the past 5 years.

Accelerating Growth: BRG's earnings growth over the past year (55.1%) exceeds its 5-year average (10.9% per year).

Earnings vs Industry: BRG earnings growth over the past year (55.1%) underperformed the Trade Distributors industry 59.4%.


Return on Equity

High ROE: BRG's Return on Equity (10.5%) is considered low.


Financial Health

How is Berling's financial position?


Financial Position Analysis

Short Term Liabilities: BRG's short term assets (PLN113.5M) exceed its short term liabilities (PLN9.1M).

Long Term Liabilities: BRG's short term assets (PLN113.5M) exceed its long term liabilities (PLN165.0K).


Debt to Equity History and Analysis

Debt Level: BRG is debt free.

Reducing Debt: BRG has not had any debt for past 5 years.

Debt Coverage: BRG has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: BRG has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Berling current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

Growing Dividend: Insufficient data to determine if BRG's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: BRG is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BRG's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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

12.3yrs

Average board tenure


CEO

Hanna Berling

13.33yrs

Tenure

zł752,000

Compensation

Ms. Hanna Berling has been the Chairman of the Management Board at Berling Spólka Akcyjna since 2008.


Board Members

Experienced Board: BRG's board of directors are seasoned and experienced ( 12.3 years average tenure).


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

Berling S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Berling S.A.
  • Ticker: BRG
  • Exchange: WSE
  • Founded: 1993
  • Industry: Trading Companies and Distributors
  • Sector: Capital Goods
  • Market Cap: zł98.970m
  • Shares outstanding: 17.36m
  • Website: https://www.berling.pl

Number of Employees


Location

  • Berling S.A.
  • Al. Krakowska 80A
  • Warsaw
  • 05-552
  • Poland

Listings


Biography

Berling S.A. engages in the wholesale of refrigeration equipment in Poland. Berling S.A. was founded in 1993 and is based in Warsaw, Poland.


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 19:10
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
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.