WSE:CSY

Stock Analysis Report

CSY Spólka Akcyjna

Executive Summary

CSY Spólka Akcyjna engages in the production and sale of spare parts, parts, and components for vehicles and machinery market primarily in Poland.

Snowflake

Fundamentals

Flawless balance sheet with acceptable track record.

Share Price & News

How has CSY Spólka Akcyjna's share price performed over time and what events caused price changes?


Latest Share Price and Events


Market Performance


7 Day Return

0%

CSY

2.1%

PL Machinery

1.9%

PL Market


1 Year Return

125.4%

CSY

-17.1%

PL Machinery

0.2%

PL Market

Return vs Industry: CSY exceeded the Polish Machinery industry which returned -17.1% over the past year.

Return vs Market: CSY exceeded the Polish Market which returned 0.2% over the past year.


Shareholder returns

CSYIndustryMarket
7 Day0%2.1%1.9%
30 Day6.3%-3.6%0.5%
90 Dayn/a-14.0%-5.7%
1 Year125.4%125.4%-11.0%-17.1%3.3%0.2%
3 Year606.3%606.3%-12.4%-22.8%12.3%4.3%
5 Year160.3%160.3%-3.4%-15.7%0.2%-12.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is CSY Spólka Akcyjna undervalued compared to its fair value and its price relative to the market?

29.27x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CSY (PLN10.1) is trading above our estimate of fair value (PLN0.44)

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


Price To Earnings Ratio

PE vs Industry: CSY is poor value based on its PE Ratio (29.3x) compared to the Machinery industry average (8.3x).

PE vs Market: CSY is poor value based on its PE Ratio (29.3x) compared to the Polish market (10.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: CSY is overvalued based on its PB Ratio (7.2x) compared to the PL Machinery industry average (0.9x).


Next Steps

Future Growth

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

-2.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CSY's earnings are forecast to decline over the next 3 years (-2.1% per year).

Earnings vs Market: CSY's earnings are forecast to decline over the next 3 years (-2.1% per year).

High Growth Earnings: CSY's earnings are forecast to decline over the next 3 years.

Revenue vs Market: Insufficient data to determine if CSY's revenue is forecast to grow faster than the Polish market.

High Growth Revenue: Insufficient data to determine if CSY's revenue is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

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


Next Steps

Past Performance

How has CSY Spólka Akcyjna performed over the past 5 years?

49.3%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: CSY's earnings have grown significantly by 49.3% per year over the past 5 years.

Accelerating Growth: CSY's earnings growth over the past year (18.8%) is below its 5-year average (49.3% per year).

Earnings vs Industry: CSY earnings growth over the past year (18.8%) underperformed the Machinery industry 52.5%.


Return on Equity

High ROE: CSY's Return on Equity (24.7%) is considered high.


Return on Assets

ROA vs Industry: CSY has a higher Return on Assets than the Machinery industry average last year.


Return on Capital Employed

ROCE Improving: CSY is currently unprofitable, so its Return on Capital Employed is negative.


Next Steps

Financial Health

How is CSY Spólka Akcyjna's financial position?


Financial Position Analysis

Short Term Liabilities: CSY's short term assets (PLN10.5M) exceeds its short term liabilities (PLN8.4M)

Long Term Liabilities: CSY's short term assets (10.5M) exceeds its long term liabilities (8.1M)


Debt to Equity History and Analysis

Debt Level: CSY is debt free.

Reducing Debt: CSY had no debt 5 years ago.

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

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


Balance Sheet

Inventory Level: CSY has a low level of unsold assets or inventory.

Debt Coverage by Assets: CSY's debt is not covered by short term assets (assets are -2.9x debt).


Next Steps

Dividend

What is CSY Spólka Akcyjna's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%2.7%markettop25%7.2%industryaverage7.2%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate CSY's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if CSY's dividends per share have been stable in the past.

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


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

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


Next Steps

Management

What is the CEO of CSY Spólka Akcyjna's salary, the management and board of directors tenure and is there insider trading?

4.3yrs

Average board tenure


CEO

Grzegorz Wrona 0

0yrs

Tenure

0

Mr. Grzegorz Jan Wrona serves as the President of the Management Board at CSY Spólka Akcyjna. Mr. Wrona served as the Vice-President of the Management Board at RSY Spolka Akcyjna until December 3, 2015. H ...


Board Age and Tenure

4.3yrs

Average Tenure

Experienced Board: CSY's board of directors are considered experienced (4.3 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Mariusz Matusik

    Vice Chairman of Management Board

    • Tenure: 0yrs
    • Compensation: zł36.00k
  • Grzegorz Wrona

    President of the Management Board

    • Tenure: 0yrs
  • David Odrakiewicz

    Secretary of the Supervisory Board

    • Tenure: 4.3yrs

Board Members

  • Tomasz Kuciel

    Member of the Supervisory Board

    • Tenure: 4.3yrs
  • Wieslawa Waldowska - Trzcialkowska

    Member of the Supervisory Board

    • Tenure: 4.3yrs
  • Teresa Furmanczyk

    Member of the Supervisory Board

    • Tenure: 4.3yrs
  • Aneta Niedziela

    Chairman of the Supervisory Board

    • Tenure: 0yrs

Company Information

CSY Spólka Akcyjna's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: CSY Spólka Akcyjna
  • Ticker: CSY
  • Exchange: WSE
  • Founded: 1954
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: zł327.240m
  • Shares outstanding: 32.40m
  • Website: https://www.csy.ilawa.pl

Location

  • CSY Spólka Akcyjna
  • ul. Grunwaldzka 13
  • Ilawa
  • 14-200
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CSYWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNDec 2010

Biography

CSY Spólka Akcyjna engages in the production and sale of spare parts, parts, and components for vehicles and machinery market primarily in Poland. It provides pistons, including piston pins, steering pivot ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/22 21:13
End of Day Share Price2019/10/15 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.