Newag
Market Cap
zł1.0b
Last Updated
2020/01/27 22:22 UTC
Data Sources
Company Financials +
Executive Summary
Newag S.A. engages in the production and sale of rail vehicles in Poland.
Rewards
Risk Analysis
Snowflake Analysis
Solid track record and fair value.
Share Price & News
How has Newag's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: NWG has not had significant price volatility in the past 3 months.
Market Performance
7 Day Return
-1.7%
NWG
-2.5%
PL Machinery
-3.6%
PL Market
1 Year Return
51.3%
NWG
-13.3%
PL Machinery
-9.0%
PL Market
Return vs Industry: NWG exceeded the Polish Machinery industry which returned -11.4% over the past year.
Return vs Market: NWG exceeded the Polish Market which returned -4.3% over the past year.
Shareholder returns
| NWG | Industry | Market | |
|---|---|---|---|
| 7 Day | -1.7% | -2.5% | -3.6% |
| 30 Day | 7.5% | 6.7% | -1.3% |
| 90 Day | 24.3% | 1.9% | -2.3% |
| 1 Year | 57.9%51.3% | -6.9%-13.3% | -6.2%-9.0% |
| 3 Year | 39.1%27.8% | -18.6%-28.0% | -0.9%-8.0% |
| 5 Year | 15.8%-3.1% | -3.6%-15.9% | 2.7%-10.0% |
Price Volatility Vs. Market
How volatile is Newag's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Is There More To The Story Than Newag's (WSE:NWG) Earnings Growth?2 weeks ago | Simply Wall St
Is Newag (WSE:NWG) Using Too Much Debt?1 month ago | Simply Wall St
How Much Of Newag S.A. (WSE:NWG) Do Insiders Own?Valuation
Is Newag undervalued compared to its fair value and its price relative to the market?
47.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NWG (PLN23.5) is trading below our estimate of fair value (PLN43.5)
Significantly Below Fair Value: NWG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NWG is poor value based on its PE Ratio (9.5x) compared to the Machinery industry average (8.5x).
PE vs Market: NWG is good value based on its PE Ratio (9.5x) compared to the Polish market (11.6x).
Price to Earnings Growth Ratio
PEG Ratio: NWG is poor value based on its PEG Ratio (2.3x)
Price to Book Ratio
PB vs Industry: NWG is overvalued based on its PB Ratio (2.1x) compared to the PL Machinery industry average (0.9x).
Next Steps
Future Growth
How is Newag forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
4.1%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWG's forecast earnings growth (4.1% per year) is above the savings rate (2%).
Earnings vs Market: NWG's earnings (4.1% per year) are forecast to grow slower than the Polish market (10% per year).
High Growth Earnings: NWG's earnings are forecast to grow, but not significantly.
Revenue vs Market: NWG's revenue (4.3% per year) is forecast to grow slower than the Polish market (5.1% per year).
High Growth Revenue: NWG's revenue (4.3% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: NWG's Return on Equity is forecast to be low in 3 years time (14.5%).
Next Steps
Past Performance
How has Newag performed over the past 5 years?
5.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: NWG has a high level of non-cash earnings.
Growing Profit Margin: NWG's current net profit margins (10.7%) are higher than last year (5.3%).
Past Earnings Growth Analysis
Earnings Trend: NWG's earnings have grown by 5.3% per year over the past 5 years.
Accelerating Growth: NWG's earnings growth over the past year (142.9%) exceeds its 5-year average (5.3% per year).
Earnings vs Industry: NWG earnings growth over the past year (142.9%) exceeded the Machinery industry 24.5%.
Return on Equity
High ROE: NWG's Return on Equity (22.4%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Newag's financial position?
Financial Position Analysis
Short Term Liabilities: NWG's short term assets (PLN836.3M) exceed its short term liabilities (PLN551.5M).
Long Term Liabilities: NWG's short term assets (PLN836.3M) exceed its long term liabilities (PLN335.2M).
Debt to Equity History and Analysis
Debt Level: NWG's debt to equity ratio (82%) is considered high.
Reducing Debt: NWG's debt to equity ratio has increased from 62.5% to 82% over the past 5 years.
Debt Coverage: NWG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: NWG's interest payments on its debt are well covered by EBIT (16.1x coverage).
Balance Sheet
Inventory Level: NWG has a high level of physical assets or inventory.
Debt Coverage by Assets: NWG's debt is covered by short term assets (assets are 2.1x debt).
Next Steps
Dividend
What is Newag's current dividend yield, its reliability and sustainability?
3.26%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: NWG's dividend (3.19%) is higher than the bottom 25% of dividend payers in the Polish market (2.4%).
High Dividend: NWG's dividend (3.19%) is low compared to the top 25% of dividend payers in the Polish market (7.05%).
Stability and Growth of Payments
Stable Dividend: NWG has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: NWG's dividend payments have increased, but the company has only paid a dividend for 6 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (30.3%), NWG's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: NWG's dividends in 3 years are forecast to be well covered by earnings (37.7% payout ratio).
Next Steps
Management
What is the CEO of Newag's salary, the management and board of directors tenure and is there insider trading?
4.6yrs
Average management tenure
CEO
ZbiGniew KonieCzek 0
0yrs
Tenure
zł2,241,000
Compensation
Mr. ZbiGniew KonieCzek has been the President of the Board at Newag Spólka Akcyjna (Former Name: Newag S.A.) since 2001 and serves as its Chief Executive Officer, President. Mr. KonieCzek serves as a Membe ...
Management Age and Tenure
4.6yrs
Average Tenure
Experienced Management: NWG's management team is considered experienced (4.6 years average tenure).
Insider Trading
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.
Management Team
Katarzyna Szwarc
Secretary of the Supervisory Board
- Tenure: 4.6yrs
- Compensation: zł62.00k
ZbiGniew KonieCzek
President of Management Board & CEO
- Compensation: zł2.24m
Bogdan Borek
Vice President of Management Board and Finance Director
- Tenure: 4.9yrs
- Compensation: zł1.44m
Maciej Duczynski
Director of Marketing and Development
- Compensation: zł252.00k
Czeslawa Piotrowska
Chief Accountant
Józef Michalik
Vice President of the Management Board
- Tenure: 3.9yrs
- Compensation: zł310.00k
Board Members
Zbigniew Jakubas
Chairman of the Supervisory Board
- Compensation: zł73.00k
Piotr Kaminski
Vice President of the Supervisory Board
- Compensation: zł62.00k
Agnieszka Pyszczek
Member of the Supervisory Board
- Compensation: zł57.00k
Company Information
Newag S.A.'s company bio, employee growth, exchange listings and data sources
Key Information
- Name: Newag S.A.
- Ticker: NWG
- Exchange: WSE
- Founded: 1876
- Industry: Construction Machinery and Heavy Trucks
- Sector: Capital Goods
- Market Cap: zł1.035b
- Shares outstanding: 45.00m
- Website: https://www.newag.pl
Location
- Newag S.A.
- ul. Wyspianskiego 3
- Nowy Sacz
- 33–300
- Poland
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| NWG | WSE (Warsaw Stock Exchange) | Yes | Bearer Shares | PL | PLN | Dec 2013 |
| N0GA | DB (Deutsche Boerse AG) | Yes | Bearer Shares | DE | EUR | Dec 2013 |
| 0R6I | LSE (London Stock Exchange) | Yes | Bearer Shares | GB | PLN | Dec 2013 |
Biography
Newag S.A. engages in the production and sale of rail vehicles in Poland. The company offers electric and diesel multiple units and locomotives, passenger cars, trams, and wagons, as well as rolling stocks and subway trains. It is also involved in the periodic repair and modernization of electric and diesel locomotives, and electric multiple units, as well as subassemblies for rail vehicles. The company was founded in 1876 and is based in Nowy Sacz, Poland.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/01/27 22:22 |
| End of Day Share Price | 2020/01/27 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2018/12/31 |
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.