Erbud
Market Cap
zł255.6m
Last Updated
2020/08/09 21:45 UTC
Data Sources
Company Financials +
Executive Summary
Erbud S.A., together with its subsidiaries, engages in the construction business in European Union countries.
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 8.1% per year for the next 3 years
Snowflake Analysis
Mediocre balance sheet and slightly overvalued.
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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.3%
ERB
0.9%
PL Construction
2.3%
PL Market
1 Year Return
47.8%
ERB
48.1%
PL Construction
-7.9%
PL Market
Return vs Industry: ERB matched the Polish Construction industry which returned 48.1% over the past year.
Return vs Market: ERB exceeded the Polish Market which returned -7.9% over the past year.
Shareholder returns
| ERB | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.3% | 0.9% | 2.3% |
| 30 Day | -11.3% | 0.2% | 1.5% |
| 90 Day | 26.7% | 13.3% | 18.0% |
| 1 Year | 47.8%47.8% | 50.9%48.1% | -6.7%-7.9% |
| 3 Year | -24.5%-29.5% | -11.4%-20.0% | -18.4%-23.3% |
| 5 Year | -29.9%-39.7% | 1.5%-14.2% | -8.1%-18.7% |
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 week ago | Simply Wall St
Are Erbud's (WSE:ERB) Statutory Earnings A Good Guide To Its Underlying Profitability?1 month ago | Simply Wall St
We Think Erbud (WSE:ERB) Can Stay On Top Of Its Debt1 month ago | Simply Wall St
Is Erbud S.A.'s (WSE:ERB) CEO Paid Enough Relative To Peers?Valuation
Is Erbud undervalued compared to its fair value and its price relative to the market?
11.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: ERB (PLN19.95) is trading below our estimate of fair value (PLN22.47)
Significantly Below Fair Value: ERB is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: ERB is poor value based on its PE Ratio (8.2x) compared to the PL Construction industry average (7.4x).
PE vs Market: ERB is good value based on its PE Ratio (8.2x) compared to the Polish market (13.9x).
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 (0.9x) compared to the PL Construction industry average (0.8x).
Next Steps
Future Growth
How is Erbud forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?
-8.1%
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 (-8.1% per year).
Earnings vs Market: ERB's earnings are forecast to decline over the next 3 years (-8.1% 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 (-1.5% per year).
High Growth Revenue: ERB's revenue is forecast to decline over the next 3 years (-1.5% 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 (6%).
Next Steps
Past Performance
How has Erbud performed over the past 5 years?
-15.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: ERB has high quality earnings.
Growing Profit Margin: ERB became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: ERB's earnings have declined by 15.4% per year over the past 5 years.
Accelerating Growth: ERB has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: ERB has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (5%).
Return on Equity
High ROE: ERB's Return on Equity (11.8%) is considered low.
Next Steps
Financial Health
How is Erbud's financial position?
Financial Position Analysis
Short Term Liabilities: ERB's short term assets (PLN1.0B) exceed its short term liabilities (PLN804.9M).
Long Term Liabilities: ERB's short term assets (PLN1.0B) exceed its long term liabilities (PLN127.9M).
Debt to Equity History and Analysis
Debt Level: ERB's debt to equity ratio (72.4%) is considered high.
Reducing Debt: ERB's debt to equity ratio has increased from 37.7% to 72.4% over the past 5 years.
Debt Coverage: ERB's debt is not well covered by operating cash flow (14.9%).
Interest Coverage: ERB's interest payments on its debt are well covered by EBIT (6.9x coverage).
Balance Sheet
Next Steps
Dividend
What is Erbud current dividend yield, its reliability and sustainability?
3.36%
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?
8.3yrs
Average board 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 ...
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 | 4.33yrs | zł60.00k | no data | |
| Deputy Chairman of the Supervisory Board | no data | zł72.00k | no data | |
| Member of the Supervisory Board | 13.75yrs | zł60.00k | 0.22% PLN 558.6k | |
| Chairman of the Supervisory Board | 10.67yrs | zł90.00k | no data | |
| Independent Member of the Supervisory Board | 8.25yrs | zł60.00k | no data | |
| Independent Member of the Supervisory Board | 2.25yrs | zł60.00k | no data | |
| Adviser to the Management Board | no data | no data | no data |
8.3yrs
Average Tenure
Experienced Board: ERB's board of directors are considered experienced (8.3 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
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: zł255.597m
- Shares outstanding: 12.81m
- 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 |
| 0LTL | LSE (London Stock Exchange) | Yes | Common Bearer Shares | GB | 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 | 2020/08/09 21:45 |
| End of Day Share Price | 2020/08/07 00:00 |
| Earnings | 2020/03/31 |
| 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.