WSE:FEE

Stock Analysis Report

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Executive Summary

Feerum S.A. designs and builds various drying and storage facilities.


Snowflake Analysis

Solid track record and good value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: FEE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

FEE

3.8%

PL Machinery

3.5%

PL Market


1 Year Return

20.6%

FEE

-26.3%

PL Machinery

-9.1%

PL Market

Return vs Industry: FEE exceeded the Polish Machinery industry which returned -24.1% over the past year.

Return vs Market: FEE exceeded the Polish Market which returned -7.5% over the past year.


Shareholder returns

FEEIndustryMarket
7 Day0%3.8%3.5%
30 Day-5.4%-5.0%1.9%
90 Day7.4%4.0%16.8%
1 Year20.6%20.6%-26.2%-26.3%-7.9%-9.1%
3 Year-17.5%-17.5%-40.7%-47.9%-18.6%-23.5%
5 Year-41.4%-41.4%-16.4%-25.2%-8.7%-19.2%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: FEE (PLN12.3) is trading below our estimate of fair value (PLN194.65)

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


Price To Earnings Ratio

PE vs Industry: FEE is good value based on its PE Ratio (5.5x) compared to the PL Machinery industry average (8.8x).

PE vs Market: FEE is good value based on its PE Ratio (5.5x) compared to the Polish market (13.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: FEE's PB Ratio (0.9x) is in line with the PL Machinery industry average.


Next Steps

Future Growth

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

22.4%

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 Feerum 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 Feerum performed over the past 5 years?

29.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: FEE has high quality earnings.

Growing Profit Margin: FEE's current net profit margins (8.5%) are higher than last year (5.4%).


Past Earnings Growth Analysis

Earnings Trend: FEE's earnings have grown significantly by 29.6% per year over the past 5 years.

Accelerating Growth: FEE's earnings growth over the past year (211%) exceeds its 5-year average (29.6% per year).

Earnings vs Industry: FEE earnings growth over the past year (211%) exceeded the Machinery industry 10.9%.


Return on Equity

High ROE: FEE's Return on Equity (16.2%) is considered low.


Next Steps

Financial Health

How is Feerum's financial position?


Financial Position Analysis

Short Term Liabilities: FEE's short term assets (PLN161.6M) exceed its short term liabilities (PLN102.1M).

Long Term Liabilities: FEE's short term assets (PLN161.6M) exceed its long term liabilities (PLN19.1M).


Debt to Equity History and Analysis

Debt Level: FEE's debt to equity ratio (41%) is considered high.

Reducing Debt: FEE's debt to equity ratio has increased from 13.3% to 41% over the past 5 years.

Debt Coverage: FEE's debt is well covered by operating cash flow (55.2%).

Interest Coverage: FEE's interest payments on its debt are well covered by EBIT (32.8x coverage).


Balance Sheet


Next Steps

Dividend

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

4.06%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: FEE's dividend (4.07%) is higher than the bottom 25% of dividend payers in the Polish market (1.72%).

High Dividend: FEE's dividend (4.07%) is low compared to the top 25% of dividend payers in the Polish market (5.88%).


Stability and Growth of Payments

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

Growing Dividend: FEE's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (22.3%), FEE'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?

zł814k

CEO Compensation


CEO

Daniel Janusz

no data

Tenure

zł814,000

Compensation

Mr. Daniel Janusz serves as the Chairman of the Management Board at Feerum S.A. Mr. Janusz serves as the chairman of the management board at Pol-Silos llc. Mr. Janusz serves as the vice-chairman of the man ...


CEO Compensation Analysis

Compensation vs Market: Daniel's total compensation ($USD218.64K) is above average for companies of similar size in the Polish market ($USD155.53K).

Compensation vs Earnings: Daniel's compensation has increased by more than 20% in the past year.


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

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


Key Information

  • Name: Feerum S.A.
  • Ticker: FEE
  • Exchange: WSE
  • Founded: 2002
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: zł117.316m
  • Shares outstanding: 9.54m
  • Website: https://www.feerum.pl

Number of Employees


Location

  • Feerum S.A.
  • 6 Okrzei Street
  • Chojnów
  • 59-225
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
FEEWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNMay 2013
0QFVLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNMay 2013

Biography

Feerum S.A. designs and builds various drying and storage facilities. The company offers general contracting, professional support, and consulting services; flat-bottomed, hopper-bottomed, forwarding, squa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/06 21:31
End of Day Share Price2020/08/06 00:00
Earnings2020/03/31
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.