Erbud
Market Cap
zł412.9m
Last Updated
2021/02/26 18:08 UTC
Data Sources
Company Financials +
Executive Summary
Erbud S.A., together with its subsidiaries, engages in the construction business in European Union countries. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 10.8% per year for the next 3 years
Snowflake Analysis
Adequate balance sheet with acceptable track record.
Similar Companies
Share Price & News
How has Erbud's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: ERB is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: ERB's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
-7.5%
ERB
5.5%
PL Construction
-2.9%
PL Market
1 Year Return
83.0%
ERB
94.7%
PL Construction
18.9%
PL Market
Return vs Industry: ERB underperformed the Polish Construction industry which returned 88.4% over the past year.
Return vs Market: ERB exceeded the Polish Market which returned 15.8% over the past year.
Shareholder returns
| ERB | Industry | Market | |
|---|---|---|---|
| 7 Day | -7.5% | 5.5% | -2.9% |
| 30 Day | -0.3% | 9.3% | 1.2% |
| 90 Day | 68.2% | 36.6% | 6.2% |
| 1 Year | 83.0%83.0% | 98.7%94.7% | 20.0%18.9% |
| 3 Year | 67.3%56.3% | 61.3%44.9% | -4.1%-9.9% |
| 5 Year | 42.3%22.4% | 57.6%33.8% | 18.8%5.3% |
Long-Term Price Volatility Vs. Market
How volatile is Erbud's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall St
Is Now The Time To Put Erbud (WSE:ERB) On Your Watchlist?2 weeks ago | Simply Wall St
What Does Erbud S.A.'s (WSE:ERB) Share Price Indicate?1 month ago | Simply Wall St
We Think Erbud (WSE:ERB) Can Manage Its Debt With EaseValuation
Is Erbud undervalued compared to its fair value and its price relative to the market?
10.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: ERB (PLN33.3) is trading above our estimate of fair value (PLN22.35)
Significantly Below Fair Value: ERB is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: ERB is poor value based on its PE Ratio (10.7x) compared to the PL Construction industry average (8.8x).
PE vs Market: ERB is good value based on its PE Ratio (10.7x) compared to the Polish market (15.6x).
Price to Earnings Growth Ratio
PEG Ratio: ERB's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: ERB is overvalued based on its PB Ratio (1.4x) compared to the PL Construction industry average (1x).
Next Steps
Future Growth
How is Erbud forecast to perform in the next 1 to 3 years based on estimates from 3 analysts?
-10.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: ERB's earnings are forecast to decline over the next 3 years (-10.8% per year).
Earnings vs Market: ERB's earnings are forecast to decline over the next 3 years (-10.8% per year).
High Growth Earnings: ERB's earnings are forecast to decline over the next 3 years.
Revenue vs Market: ERB's revenue is expected to decline over the next 3 years (-1% per year).
High Growth Revenue: ERB's revenue is forecast to decline over the next 3 years (-1% per year).
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: ERB's Return on Equity is forecast to be low in 3 years time (10.7%).
Next Steps
Past Performance
How has Erbud performed over the past 5 years?
-5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ERB has high quality earnings.
Growing Profit Margin: ERB's current net profit margins (1.9%) are higher than last year (1.2%).
Past Earnings Growth Analysis
Earnings Trend: ERB's earnings have declined by 5.3% per year over the past 5 years.
Accelerating Growth: ERB's earnings growth over the past year (29.4%) exceeds its 5-year average (-5.3% per year).
Earnings vs Industry: ERB earnings growth over the past year (29.4%) underperformed the Construction industry 34.3%.
Return on Equity
High ROE: ERB's Return on Equity (14.1%) is considered low.
Next Steps
Financial Health
How is Erbud's financial position?
Financial Position Analysis
Short Term Liabilities: ERB's short term assets (PLN1.1B) exceed its short term liabilities (PLN901.7M).
Long Term Liabilities: ERB's short term assets (PLN1.1B) exceed its long term liabilities (PLN82.7M).
Debt to Equity History and Analysis
Debt Level: ERB's debt to equity ratio (64.2%) is considered high.
Reducing Debt: ERB's debt to equity ratio has increased from 49.2% to 64.2% over the past 5 years.
Debt Coverage: ERB's debt is well covered by operating cash flow (28.5%).
Interest Coverage: ERB's interest payments on its debt are well covered by EBIT (16.4x coverage).
Balance Sheet
Next Steps
Dividend
What is Erbud current dividend yield, its reliability and sustainability?
4.05%
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate ERB's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate ERB'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 ERB's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if ERB's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: ERB is not paying a notable dividend for the Polish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of ERB'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?
1.0yrs
Average management tenure
CEO
Dariusz Grzeszczak
no data
Tenure
zł3,085,000
Compensation
Mr. Dariusz Grzeszczak is a Chairman of Management Board at Erbud S.A. He serves as President of the ERBUD Spolka Akcyjna's subsidiary companies, Toplux Ltd., GWI GmbH Dusseldorf and Aug and Prien-Erbud In...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairman of Management Board | no data | zł3.09m | 6.03% PLN 24.9m | |
| CFO & Vice Chairman of Management Board | no data | zł720.00k | 0.032% PLN 131.1k | |
| Vice Chairman of Management Board | 1yr | no data | 0.042% PLN 172.3k | |
| Member of Management Board | 0.33yr | no data | no data | |
| Chief Accountant | 3.08yrs | no data | no data | |
| Director of Marketing & PR Department | no data | no data | no data | |
| Director of HR Division | no data | no data | no data | |
| President of the Board ERBUD International Sp. z o.o. | no data | no data | no data | |
| Joint Procurist | no data | zł196.00k | no data | |
| Joint Procurist | no data | zł228.00k | no data |
1.0yrs
Average Tenure
Experienced Management: ERB's management team is not considered experienced ( 1 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of the Board ERBUD International Sp. z o.o. | no data | no data | no data | |
| Independent Member of the Supervisory Board | 4.83yrs | zł60.00k | no data | |
| Deputy Chairman of the Supervisory Board | no data | zł72.00k | no data | |
| Member of the Supervisory Board | 14.25yrs | zł60.00k | 0.22% PLN 916.0k | |
| Chairman of the Supervisory Board | 11.17yrs | zł90.00k | no data | |
| Independent Member of the Supervisory Board | 8.75yrs | zł60.00k | no data | |
| Independent Member of the Supervisory Board | 2.75yrs | zł60.00k | no data | |
| Adviser to the Management Board | no data | no data | no data |
8.8yrs
Average Tenure
Experienced Board: ERB's board of directors are considered experienced (8.8 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
Erbud S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Erbud S.A.
- Ticker: ERB
- Exchange: WSE
- Founded: 1990
- Industry: Construction and Engineering
- Sector: Capital Goods
- Market Cap: zł412.899m
- Shares outstanding: 12.40m
- Website: https://www.erbud.pl
Number of Employees
Location
- Erbud S.A.
- ul. Franciszka Klimczaka 1
- Warsaw
- 02-797
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| ERB | WSE (Warsaw Stock Exchange) | Yes | Common Bearer Shares | PL | PLN | Jun 2007 |
Biography
Erbud S.A., together with its subsidiaries, engages in the construction business in European Union countries. It operates through Residential/Commercial Buildings at Home, Residential/Commercial Buildings ...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/02/26 18:08 |
| End of Day Share Price | 2021/02/26 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.