Newag
Market Cap
zł1.1b
Last Updated
2021/03/07 18:00 UTC
Data Sources
Company Financials +
Executive Summary
Newag S.A. engages in the production and sale of railway locomotives in Poland. More Details
Rewards
Risk Analysis
Earnings are forecast to decline by an average of 16.9% per year for the next 3 years
Snowflake Analysis
Solid track record and good 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 is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: NWG's weekly volatility (3%) has been stable over the past year.
Market Performance
7 Day Return
-3.5%
NWG
-2.5%
PL Machinery
0.9%
PL Market
1 Year Return
8.3%
NWG
15.3%
PL Machinery
20.0%
PL Market
Return vs Industry: NWG underperformed the Polish Machinery industry which returned 15.3% over the past year.
Return vs Market: NWG underperformed the Polish Market which returned 20% over the past year.
Shareholder returns
| NWG | Industry | Market | |
|---|---|---|---|
| 7 Day | -3.5% | -2.5% | 0.9% |
| 30 Day | -7.4% | 1.3% | 1.7% |
| 90 Day | -0.8% | 25.3% | 4.2% |
| 1 Year | 12.2%8.3% | 16.5%15.3% | 21.1%20.0% |
| 3 Year | 48.3%37.2% | -17.2%-27.7% | -4.7%-10.5% |
| 5 Year | 98.8%70.0% | 47.5%28.3% | 17.7%4.3% |
Long-Term 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
1 week ago | Simply Wall St
A Look At The Intrinsic Value Of Newag S.A. (WSE:NWG)3 weeks ago | Simply Wall St
With EPS Growth And More, Newag (WSE:NWG) Is Interesting1 month ago | Simply Wall St
Is There More To The Story Than Newag's (WSE:NWG) Earnings Growth?Valuation
Is Newag undervalued compared to its fair value and its price relative to the market?
20.6%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: NWG (PLN24.9) is trading below our estimate of fair value (PLN31.37)
Significantly Below Fair Value: NWG is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: NWG is good value based on its PE Ratio (6.6x) compared to the PL Machinery industry average (11.4x).
PE vs Market: NWG is good value based on its PE Ratio (6.6x) compared to the Polish market (15.7x).
Price to Earnings Growth Ratio
PEG Ratio: NWG's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: NWG is overvalued based on its PB Ratio (1.8x) 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 1 analyst?
-16.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: NWG's earnings are forecast to decline over the next 3 years (-16.9% per year).
Earnings vs Market: NWG's earnings are forecast to decline over the next 3 years (-16.9% per year).
High Growth Earnings: NWG's earnings are forecast to decline over the next 3 years.
Revenue vs Market: NWG's revenue is expected to decline over the next 3 years (-3.9% per year).
High Growth Revenue: NWG's revenue is forecast to decline over the next 3 years (-3.9% 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 (13.4%).
Next Steps
Past Performance
How has Newag performed over the past 5 years?
35.7%
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 (14.5%) are higher than last year (10.7%).
Past Earnings Growth Analysis
Earnings Trend: NWG's earnings have grown significantly by 35.7% per year over the past 5 years.
Accelerating Growth: NWG's earnings growth over the past year (51.9%) exceeds its 5-year average (35.7% per year).
Earnings vs Industry: NWG earnings growth over the past year (51.9%) exceeded the Machinery industry -12.7%.
Return on Equity
High ROE: NWG's Return on Equity (27.2%) is considered high.
Next Steps
Financial Health
How is Newag's financial position?
Financial Position Analysis
Short Term Liabilities: NWG's short term assets (PLN1.0B) exceed its short term liabilities (PLN731.7M).
Long Term Liabilities: NWG's short term assets (PLN1.0B) exceed its long term liabilities (PLN233.2M).
Debt to Equity History and Analysis
Debt Level: NWG's debt to equity ratio (74.8%) is considered high.
Reducing Debt: NWG's debt to equity ratio has reduced from 93.6% to 74.8% over the past 5 years.
Debt Coverage: NWG's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: NWG's interest payments on its debt are well covered by EBIT (18.2x coverage).
Balance Sheet
Next Steps
Dividend
What is Newag current dividend yield, its reliability and sustainability?
3.01%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: NWG's dividend (3.01%) is higher than the bottom 25% of dividend payers in the Polish market (1.5%).
High Dividend: NWG's dividend (3.01%) is low compared to the top 25% of dividend payers in the Polish market (5.02%).
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 7 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (20%), 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 covered by earnings (63.7% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.1yrs
Average management tenure
CEO
Zbigniew Konieczek
no data
Tenure
zł2,187,000
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 and President. Mr. Konieczek serves as a Me...
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President of Management Board & CEO | no data | zł2.19m | 2.6% PLN 29.1m | |
| Vice President of Management Board & Finance Director | 6.08yrs | zł950.00k | 1.27% PLN 14.2m | |
| Vice President of the Management Board | 5.08yrs | zł919.00k | no data | |
| Secretary of the Supervisory Board | no data | zł67.00k | no data | |
| Chief Accountant | no data | no data | no data |
5.1yrs
Average Tenure
Experienced Management: NWG's management team is seasoned and experienced (5.1 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Secretary of the Supervisory Board | no data | zł67.00k | no data | |
| Independent Member of the Supervisory Board | 2.75yrs | zł35.00k | no data | |
| Chairman of the Supervisory Board | 2.75yrs | zł76.00k | no data | |
| Member of the Supervisory Board | 2.75yrs | zł35.00k | no data | |
| Independent Vice Chairman of the Supervisory Board | 2.75yrs | zł38.00k | no data |
2.8yrs
Average Tenure
Experienced Board: NWG's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
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
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: zł1.121b
- 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 |
Biography
Newag S.A. engages in the production and sale of railway locomotives in Poland. The company offers electric and diesel multiple units, and locomotives, as well as rolling stock and control systems. It is a...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/07 18:00 |
| End of Day Share Price | 2021/03/05 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2019/12/31 |
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.