WSE:PTH

Stock Analysis Report

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Executive Summary

Primetech S.A. provides drilling and geotechnical services. More Details


Snowflake Analysis

Mediocre balance sheet and slightly overvalued.

Share Price & News

How has Primetech's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PTH's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-12.3%

PTH

-1.3%

PL Machinery

-0.1%

PL Market


1 Year Return

-19.1%

PTH

-27.1%

PL Machinery

-17.2%

PL Market

Return vs Industry: PTH exceeded the Polish Machinery industry which returned -26.7% over the past year.

Return vs Market: PTH underperformed the Polish Market which returned -17.1% over the past year.


Shareholder returns

PTHIndustryMarket
7 Day-12.3%-1.3%-0.1%
30 Day-5.7%-12.4%-2.4%
90 Day-30.6%-15.2%-10.5%
1 Year-19.1%-19.1%-26.5%-27.1%-16.5%-17.2%
3 Year-72.8%-72.8%-35.4%-43.4%-27.6%-31.9%
5 Year-83.3%-83.3%-4.0%-16.0%-15.3%-24.5%

Price Volatility Vs. Market

How volatile is Primetech's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Primetech undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: PTH (PLN1) is trading below our estimate of fair value (PLN2.98)

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


Price To Earnings Ratio

PE vs Industry: PTH is unprofitable, so we can't compare its PE Ratio to the PL Machinery industry average.

PE vs Market: PTH is unprofitable, so we can't compare its PE Ratio to the Polish market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate PTH's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: PTH is overvalued based on its PB Ratio (3.3x) compared to the PL Machinery industry average (0.7x).


Next Steps

Future Growth

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

24.0%

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 Primetech 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.


Next Steps

Past Performance

How has Primetech performed over the past 5 years?

59.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PTH is currently unprofitable.

Growing Profit Margin: PTH is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: PTH is unprofitable, but has reduced losses over the past 5 years at a rate of 59.9% per year.

Accelerating Growth: Unable to compare PTH's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: PTH is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (-10.2%).


Return on Equity

High ROE: PTH has a negative Return on Equity (-43.57%), as it is currently unprofitable.


Next Steps

Financial Health

How is Primetech's financial position?


Financial Position Analysis

Short Term Liabilities: PTH's short term assets (PLN19.0M) do not cover its short term liabilities (PLN23.7M).

Long Term Liabilities: PTH's short term assets (PLN19.0M) exceed its long term liabilities (PLN676.0K).


Debt to Equity History and Analysis

Debt Level: PTH's debt to equity ratio (270.7%) is considered high.

Reducing Debt: PTH's debt to equity ratio has increased from 15.1% to 270.7% over the past 5 years.


Balance Sheet


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: Whilst unprofitable PTH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PTH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.1% per year.


Next Steps

Dividend

What is Primetech current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

Dividend Coverage: PTH is not paying a notable dividend for the Polish market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PTH's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

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

1.3yrs

Average management tenure


CEO

Primetech has no CEO, or we have no data on them.


Leadership Team

NamePositionTenureCompensationOwnership
Jan Poswiata
Chairman of Management Board1yrzł169.00kno data
Jakub Dzierzega
Vice President of the Management Board1.33yrszł58.84kno data
Józef Wolski
Advisor to the Management Board4.75yrszł131.00kno data

1.3yrs

Average Tenure

Experienced Management: PTH's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Dawid Gruszczyk
Member of the Supervisory Board3yrszł5.00kno data
Miroslaw Bendzera
Supervisory Board Chairman3yrszł5.00kno data
Zdzislaw Szypula
Member of the Supervisory Board3yrszł5.00kno data
Karolina Blacha-Cieslik
Member of the Supervisory Board3yrszł5.00kno data
Dorota Wyjadlowska
Independent Member of the Supervisory Board3yrszł9.00kno data
Adam Toborek
Supervisory Board Vice Chairman3yrszł10.00kno data
Tomasz Kruk
Independent Member of the Supervisory Board2yrszł9.00kno data

3.0yrs

Average Tenure

Experienced Board: PTH's board of directors are considered experienced (3 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

Company Information

Primetech S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Primetech S.A.
  • Ticker: PTH
  • Exchange: WSE
  • Founded: 1961
  • Industry: Construction Machinery and Heavy Trucks
  • Sector: Capital Goods
  • Market Cap: zł15.610m
  • Shares outstanding: 15.61m
  • Website: https://www.primetechsa.pl

Number of Employees


Location

  • Primetech S.A.
  • Armii Krajowej 51
  • Katowice
  • 40-698
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
PTHWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNJun 1998
0OEGLSE (London Stock Exchange)YesCommon Bearer SharesGBPLNJun 1998

Biography

Primetech S.A. provides drilling and geotechnical services. The company is involved in the provision of vertical, horizontal, and directional drilling services; drilling wells, reconnaissance and explorati ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 22:05
End of Day Share Price2020/10/23 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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.