Famur S.A. manufactures and sells mining machinery and equipment in Poland. More Details
Adequate balance sheet and overvalued.
Share Price & News
How has Famur's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: FMF's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: FMF underperformed the Polish Machinery industry which returned -25.1% over the past year.
Return vs Market: FMF underperformed the Polish Market which returned -16.3% over the past year.
Price Volatility Vs. Market
How volatile is Famur's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StFamur's (WSE:FMF) Stock Price Has Reduced 72% In The Past Three Years
3 weeks ago | Simply Wall StCalculating The Fair Value Of Famur S.A. (WSE:FMF)
1 month ago | Simply Wall StAre Institutions Heavily Invested In Famur S.A.'s (WSE:FMF) Shares?
Is Famur undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: FMF (PLN1.65) is trading below our estimate of fair value (PLN1.73)
Significantly Below Fair Value: FMF is trading below fair value, but not by a significant amount.
Price To Earnings Ratio
PE vs Industry: FMF is poor value based on its PE Ratio (22x) compared to the PL Machinery industry average (7.8x).
PE vs Market: FMF is poor value based on its PE Ratio (22x) compared to the Polish market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: FMF is poor value based on its PEG Ratio (182.7x)
Price to Book Ratio
PB vs Industry: FMF's PB Ratio (0.6x) is in line with the PL Machinery industry average.
How is Famur forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: FMF's forecast earnings growth (0.1% per year) is below the savings rate (2.9%).
Earnings vs Market: FMF's earnings (0.1% per year) are forecast to grow slower than the Polish market (14.7% per year).
High Growth Earnings: FMF's earnings are forecast to grow, but not significantly.
Revenue vs Market: FMF's revenue (0.4% per year) is forecast to grow slower than the Polish market (4.8% per year).
High Growth Revenue: FMF's revenue (0.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: FMF's Return on Equity is forecast to be low in 3 years time (7.6%).
How has Famur performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: FMF has a large one-off loss of PLN85.0M impacting its June 30 2020 financial results.
Growing Profit Margin: FMF's current net profit margins (2.5%) are lower than last year (18.8%).
Past Earnings Growth Analysis
Earnings Trend: FMF's earnings have grown significantly by 31.5% per year over the past 5 years.
Accelerating Growth: FMF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: FMF had negative earnings growth (-89.4%) over the past year, making it difficult to compare to the Machinery industry average (-10.2%).
Return on Equity
High ROE: FMF's Return on Equity (3%) is considered low.
How is Famur's financial position?
Financial Position Analysis
Short Term Liabilities: FMF's short term assets (PLN1.9B) exceed its short term liabilities (PLN692.0M).
Long Term Liabilities: FMF's short term assets (PLN1.9B) exceed its long term liabilities (PLN514.0M).
Debt to Equity History and Analysis
Debt Level: FMF's debt to equity ratio (49.7%) is considered high.
Reducing Debt: FMF's debt to equity ratio has increased from 8% to 49.7% over the past 5 years.
Debt Coverage: FMF's debt is well covered by operating cash flow (65.7%).
Interest Coverage: FMF's interest payments on its debt are well covered by EBIT (28.1x coverage).
What is Famur current dividend yield, its reliability and sustainability?
Forecast Dividend Yield
Dividend Yield vs Market
Notable Dividend: Unable to evaluate FMF's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate FMF'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 FMF's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if FMF's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: FMF is not paying a notable dividend for the Polish market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of FMF's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Miroslaw Bendzera serves as the Chairman of Management Board at Pioma Odlewnia Sp. z o.o. Mr. Bendzera has been President of the Management Board at Famur S.A. since October 2014 and serves as its Memb ...
CEO Compensation Analysis
Compensation vs Market: Miroslaw's total compensation ($USD492.87K) is above average for companies of similar size in the Polish market ($USD209.01K).
Compensation vs Earnings: Miroslaw's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.
|President of the Management Board & CEO||no data||zł1.90m||no data|
|CFO, VP & Member of Management Board||2.08yrs||zł1.41m||no data|
|VP of Underground Segment||2.08yrs||zł794.00k||no data|
|VP of Domestic Sales||4.75yrs||zł987.00k||no data|
|VP of Export Sales||2.75yrs||zł1.02m||no data|
|VP of Surface Segment & Member of Management Board||0.92yr||zł49.00k||no data|
Experienced Management: FMF's management team is considered experienced (2.1 years average tenure).
|Member of Supervisory Board||no data||zł6.00k||no data|
|Chairman of the Supervisory Board||10.75yrs||zł6.00k||no data|
|Vice Chairman of the Supervisory Board||no data||zł5.00k||no data|
|Member of Supervisory Board||no data||zł10.00k||no data|
|Independent Member of Supervisory Board||3yrs||zł18.00k||no data|
|Independent Member of the Supervisory Board||2yrs||zł19.00k||no data|
Experienced Board: FMF's board of directors are considered experienced (3 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Famur S.A.'s company bio, employee growth, exchange listings and data sources
- Name: Famur S.A.
- Ticker: FMF
- Exchange: WSE
- Founded: 2002
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: zł947.202m
- Shares outstanding: 574.76m
- Website: https://www.famur.com
Number of Employees
- Famur S.A.
- ul. Armii Krajowej 51
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|FMF||WSE (Warsaw Stock Exchange)||Yes||Common Bearer Shares||PL||PLN||Aug 2006|
|0OI8||LSE (London Stock Exchange)||Yes||Common Bearer Shares||GB||PLN||Aug 2006|
|8MF||BST (Boerse-Stuttgart)||Yes||Common Bearer Shares||DE||EUR||Aug 2006|
Famur S.A. manufactures and sells mining machinery and equipment in Poland. It operates through Underground, Surface, Electrical Equipment, and Mining Industry Services segments. The Underground segment of ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/20 21:08|
|End of Day Share Price||2020/10/20 00:00|
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.