Grodno Spólka Akcyjna distributes electrotechnical and lighting articles under the Luno brand in Poland.
Price History & Performance
|Historical stock prices|
|Current Share Price||zł16.50|
|52 Week High||zł8.50|
|52 Week Low||zł17.36|
|1 Month Change||6.87%|
|3 Month Change||18.53%|
|1 Year Change||22.68%|
|3 Year Change||283.72%|
|5 Year Change||184.48%|
|Change since IPO||459.32%|
Recent News & Updates
Here's Why We Think Grodno Spólka Akcyjna (WSE:GRN) Is Well Worth Watching
It's only natural that many investors, especially those who are new to the game, prefer to buy shares in 'sexy' stocks...
Grodno Spólka Akcyjna (WSE:GRN) May Have Issues Allocating Its Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? Amongst other things...
Is Grodno Spólka Akcyjna (WSE:GRN) Using Too Much Debt?
Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Grodno Spólka Akcyjna's (WSE:GRN) Stock Has Been Sliding But Fundamentals Look Strong: Is The Market Wrong?
With its stock down 7.7% over the past three months, it is easy to disregard Grodno Spólka Akcyjna (WSE:GRN). But if...
With EPS Growth And More, Grodno Spólka Akcyjna (WSE:GRN) Is Interesting
For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
|GRN||PL Trade Distributors||PL Market|
Return vs Industry: GRN underperformed the Polish Trade Distributors industry which returned 95% over the past year.
Return vs Market: GRN underperformed the Polish Market which returned 42.4% over the past year.
Stable Share Price: GRN is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: GRN's weekly volatility (4%) has been stable over the past year.
About the Company
Grodno Spólka Akcyjna distributes electrotechnical and lighting articles under the Luno brand in Poland. The company’s products are used in air conditioning, ventilations, and heating applications. It also provides specialized advice, energy, and lighting audits services.
Grodno Spólka Akcyjna Fundamentals Summary
|GRN fundamental statistics|
Is GRN overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|GRN income statement (TTM)|
|Cost of Revenue||zł76.40m|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Dec 16, 2021
|Earnings per share (EPS)||1.06|
|Net Profit Margin||2.03%|
How did GRN perform over the long term?See historical performance and comparison
1.3%Current Dividend Yield
Does GRN pay a reliable dividends?See GRN dividend history and benchmarks
|Grodno Spólka Akcyjna dividend dates|
|Ex Dividend Date||Oct 06 2021|
|Dividend Pay Date||Oct 15 2021|
|Days until Ex dividend||20 days|
|Days until Dividend pay date||29 days|
Does GRN pay a reliable dividends?See GRN dividend history and benchmarks
Is Grodno Spólka Akcyjna 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: GRN (PLN16.5) is trading below our estimate of fair value (PLN32.99)
Significantly Below Fair Value: GRN is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: GRN is poor value based on its PE Ratio (15.6x) compared to the Polish Trade Distributors industry average (8.9x).
PE vs Market: GRN is poor value based on its PE Ratio (15.6x) compared to the Polish market (13.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate GRN's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: GRN is overvalued based on its PB Ratio (2.5x) compared to the PL Trade Distributors industry average (1.3x).
How is Grodno Spólka Akcyjna forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Grodno Spólka Akcyjna 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.
How has Grodno Spólka Akcyjna performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: GRN has high quality earnings.
Growing Profit Margin: GRN's current net profit margins (2%) are lower than last year (2.6%).
Past Earnings Growth Analysis
Earnings Trend: GRN's earnings have grown by 14.8% per year over the past 5 years.
Accelerating Growth: GRN's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: GRN had negative earnings growth (-0.09%) over the past year, making it difficult to compare to the Trade Distributors industry average (98.3%).
Return on Equity
High ROE: GRN's Return on Equity (16%) is considered low.
How is Grodno Spólka Akcyjna's financial position?
Financial Position Analysis
Short Term Liabilities: GRN's short term assets (PLN290.1M) exceed its short term liabilities (PLN271.8M).
Long Term Liabilities: GRN's short term assets (PLN290.1M) exceed its long term liabilities (PLN30.5M).
Debt to Equity History and Analysis
Debt Level: GRN's debt to equity ratio (53%) is considered high.
Reducing Debt: GRN's debt to equity ratio has reduced from 70.5% to 53% over the past 5 years.
Debt Coverage: GRN's debt is well covered by operating cash flow (50%).
Interest Coverage: GRN's interest payments on its debt are well covered by EBIT (98.9x coverage).
What is Grodno Spólka Akcyjna current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: GRN's dividend (1.27%) isn’t notable compared to the bottom 25% of dividend payers in the Polish market (2.05%).
High Dividend: GRN's dividend (1.27%) is low compared to the top 25% of dividend payers in the Polish market (6.08%).
Stability and Growth of Payments
Stable Dividend: GRN's dividend payments have been volatile in the past 10 years.
Growing Dividend: GRN's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (19.8%), GRN'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.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Mr. Andrzej Jurczak has been the President of Management Board and General Director at Grodno Spólka Akcyjna since 2006. Mr. Jurczak served as President of the Management Board at Inter-Elektro SA from 200...
Experienced Management: GRN's management team is seasoned and experienced (15.7 years average tenure).
Experienced Board: GRN'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.
Grodno Spólka Akcyjna's employee growth, exchange listings and data sources
- Name: Grodno Spólka Akcyjna
- Ticker: GRN
- Exchange: WSE
- Founded: 1990
- Industry: Trading Companies and Distributors
- Sector: Capital Goods
- Market Cap: zł253.801m
- Shares outstanding: 15.38m
- Website: https://www.grodno.pl
Number of Employees
- Grodno Spólka Akcyjna
- ul. Kwiatowa 14
- Michalów Grabina
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/09/16 04:44|
|End of Day Share Price||2021/09/15 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.