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MSW

Mostostal Warszawa WSE:MSW Stock Report

Last Price

zł5.34

Market Cap

zł106.8m

7D

0.8%

1Y

-29.7%

Updated

24 Sep, 2022

Data

Company Financials
MSW fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health5/6
Dividends0/6

MSW Stock Overview

Mostostal Warszawa S.A. operates in the construction industry in Poland and internationally.

Mostostal Warszawa Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Mostostal Warszawa
Historical stock prices
Current Share Pricezł5.34
52 Week Highzł7.80
52 Week Lowzł4.88
Beta0.34
1 Month Change-4.64%
3 Month Change-7.93%
1 Year Change-29.74%
3 Year Change30.24%
5 Year Change-48.50%
Change since IPO-92.93%

Recent News & Updates

Feb 23
Is Mostostal Warszawa (WSE:MSW) A Risky Investment?

Is Mostostal Warszawa (WSE:MSW) A Risky Investment?

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...

Sep 27
Why Mostostal Warszawa's (WSE:MSW) Earnings Are Better Than They Seem

Why Mostostal Warszawa's (WSE:MSW) Earnings Are Better Than They Seem

Mostostal Warszawa S.A.'s ( WSE:MSW ) solid earnings announcement recently didn't do much to the stock price. We did...

Shareholder Returns

MSWPL ConstructionPL Market
7D0.8%0.07%-2.4%
1Y-29.7%-32.3%-32.1%

Return vs Industry: MSW exceeded the Polish Construction industry which returned -32.3% over the past year.

Return vs Market: MSW exceeded the Polish Market which returned -32.1% over the past year.

Price Volatility

Is MSW's price volatile compared to industry and market?
MSW volatility
MSW Average Weekly Movement4.4%
Construction Industry Average Movement5.1%
Market Average Movement6.1%
10% most volatile stocks in PL Market11.7%
10% least volatile stocks in PL Market3.8%

Stable Share Price: MSW is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: MSW's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19451,475Miguel Heras Llorentehttps://www.mostostal.waw.pl

Mostostal Warszawa S.A. operates in the construction industry in Poland and internationally. It operates through Industry and Energy, Infrastructure, and General Construction segments. The company engages in the construction of residential buildings and housing development activities, office facilities and public buildings, and production halls and warehouses; and technological installations and steel structures for the heavy industry.

Mostostal Warszawa Fundamentals Summary

How do Mostostal Warszawa's earnings and revenue compare to its market cap?
MSW fundamental statistics
Market Capzł106.80m
Earnings (TTM)zł14.26m
Revenue (TTM)zł1.40b

7.5x

P/E Ratio

0.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
MSW income statement (TTM)
Revenuezł1.40b
Cost of Revenuezł1.28b
Gross Profitzł120.08m
Other Expenseszł105.82m
Earningszł14.26m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

Sep 27, 2022

Earnings per share (EPS)0.71
Gross Margin8.60%
Net Profit Margin1.02%
Debt/Equity Ratio169.2%

How did MSW perform over the long term?

See historical performance and comparison
We’ve recently updated our valuation analysis.

Valuation

Is MSW undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for MSW?

Other financial metrics that can be useful for relative valuation.

MSW key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.1x
Enterprise Value/EBITDA2.4x
PEG Ration/a

Price to Earnings Ratio vs Peers

How does MSW's PE Ratio compare to its peers?

MSW PE Ratio vs Peers
The above table shows the PE ratio for MSW vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average8x
PRM Prochem
15.2xn/azł86.0m
NVA P.A. Nova
4.5xn/azł122.6m
BTX Forbuild
5.1xn/azł73.7m
MSZ Mostostal Zabrze
7.5x-1.4%zł144.4m
MSW Mostostal Warszawa
7.5xn/azł106.8m

Price-To-Earnings vs Peers: MSW is good value based on its Price-To-Earnings Ratio (7.5x) compared to the peer average (8x).


Price to Earnings Ratio vs Industry

How does MSW's PE Ratio compare vs other companies in the PL Construction Industry?

Price-To-Earnings vs Industry: MSW is expensive based on its Price-To-Earnings Ratio (7.5x) compared to the Polish Construction industry average (7.4x)


Price to Earnings Ratio vs Fair Ratio

What is MSW's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

MSW PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio7.5x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate MSW's Price-To-Earnings Fair Ratio for valuation analysis.


Share Price vs Fair Value

What is the Fair Price of MSW when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: MSW (PLN5.34) is trading below our estimate of fair value (PLN79.45)

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


Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Insufficient data to show price forecast.


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Future Growth

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

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


11.3%

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 Mostostal Warszawa 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.


Discover growth companies

  • Examine whether Mostostal Warszawa is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  • Mostostal Warszawa competitive advantages and company strategy can generally be found in its financial reports archived here.

Past Performance

How has Mostostal Warszawa performed over the past 5 years?

Past Performance Score

4/6

Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


25.2%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: MSW has high quality earnings.

Growing Profit Margin: MSW's current net profit margins (1%) are higher than last year (0.9%).


Past Earnings Growth Analysis

Earnings Trend: MSW's earnings have grown significantly by 25.2% per year over the past 5 years.

Accelerating Growth: MSW's earnings growth over the past year (27.9%) exceeds its 5-year average (25.2% per year).

Earnings vs Industry: MSW earnings growth over the past year (27.9%) underperformed the Construction industry 29.3%.


Return on Equity

High ROE: Whilst MSW's Return on Equity (29.49%) is high, this metric is skewed due to their high level of debt.


Discover strong past performing companies

Financial Health

How is Mostostal Warszawa's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: MSW's short term assets (PLN786.5M) exceed its short term liabilities (PLN685.3M).

Long Term Liabilities: MSW's short term assets (PLN786.5M) exceed its long term liabilities (PLN154.7M).


Debt to Equity History and Analysis

Debt Level: MSW has more cash than its total debt.

Reducing Debt: MSW's debt to equity ratio has increased from 80.3% to 169.2% over the past 5 years.

Debt Coverage: MSW's debt is well covered by operating cash flow (113.7%).

Interest Coverage: MSW's interest payments on its debt are well covered by EBIT (16.4x coverage).


Balance Sheet


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Dividend

What is Mostostal Warszawa current dividend yield, its reliability and sustainability?

Dividend Score

0/6

Dividend Score 0/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Cash Flow Coverage

Dividend Yield vs Market

Notable Dividend: Unable to evaluate MSW's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate MSW'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 MSW's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if MSW's dividend payments have been increasing.


Earnings Payout to Shareholders

Earnings Coverage: MSW is not paying a notable dividend for the Polish market.


Cash Payout to Shareholders

Cash Flow Coverage: Unable to calculate sustainability of dividends as MSW has not reported any payouts.


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Management

How experienced are the management team and are they aligned to shareholders interests?

9.8yrs

Average management tenure


CEO

Miguel Heras Llorente (63 yo)

9.75yrs

Tenure

Mr. Miguel Angel Heras Llorente serves as Member of Management Board at Mostostal Warszawa S.A. Mr. Heras Llorente served as a Vice President of the Management Board at Mostostal Warszawa Spólka Akcyjna an...


Leadership Team

Experienced Management: MSW's management team is seasoned and experienced (9.8 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

Top 2 shareholders own 81.26% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
62.13%
Acciona, S.A.
12,426,388PLN66.4m0%no data
19.13%
Powszechne Towarzystwo Emerytalne PZU SA
3,826,194PLN20.4m0%0.16%

Company Information

Mostostal Warszawa S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Mostostal Warszawa S.A.
  • Ticker: MSW
  • Exchange: WSE
  • Founded: 1945
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Implied Market Cap: zł106.800m
  • Shares outstanding: 20.00m
  • Website: https://www.mostostal.waw.pl

Number of Employees


Location

  • Mostostal Warszawa S.A.
  • ul. Konstruktorska 12A
  • Warsaw
  • 02-673
  • Poland


Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
MSWWSE (Warsaw Stock Exchange)YesCommon SharesPLPLNDec 1993

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


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.