PXM

Polimex-MostostalWSE:PXM Stock Report

Market Cap

zł1.2b

7D

-5.8%

1Y

160.3%

Updated

17 Sep, 2021

Data

Company Financials
PXM fundamental analysis
Snowflake Score
Valuation2/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends0/6

PXM Overview

Polimex-Mostostal S.A. operates as an engineering and construction company in Poland and internationally.

Rewards

Trading at 98.6% below our estimate of its fair value

Earnings have grown 49.7% per year over the past 5 years

Risk Analysis

No risks detected for PXM from our risk checks.

Share Price & News

How has Polimex-Mostostal's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: PXM is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 6% a week.

Volatility Over Time: PXM's weekly volatility (6%) has been stable over the past year.


Market Performance


7 Day Return

-5.8%

PXM

1.4%

PL Construction

0.1%

PL Market


1 Year Return

160.3%

PXM

62.0%

PL Construction

41.9%

PL Market

Return vs Industry: PXM exceeded the Polish Construction industry which returned 62% over the past year.

Return vs Market: PXM exceeded the Polish Market which returned 41.9% over the past year.


Shareholder returns

PXMIndustryMarket
7 Day-5.8%1.4%0.1%
30 Day8.8%0.04%2.4%
90 Day19.6%7.0%6.9%
1 Year160.3%160.3%69.3%62.0%45.5%41.9%
3 Year68.4%68.4%165.8%143.9%27.0%19.6%
5 Year29.2%29.2%63.0%37.6%39.9%25.7%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Polimex-Mostostal Fundamentals Summary

How do Polimex-Mostostal's earnings and revenue compare to its market cap?
PXM fundamental statistics
Market Capzł1.25b
Earnings (TTM)zł89.46m
Revenue (TTM)zł1.87b

13.8x

P/E Ratio

0.7x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
PXM income statement (TTM)
Revenuezł1.87b
Cost of Revenuezł1.64b
Gross Profitzł225.66m
Expenseszł136.21m
Earningszł89.46m

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 15, 2021

Earnings per share (EPS)0.38
Gross Margin12.09%
Net Profit Margin4.79%
Debt/Equity Ratio22.7%

How did PXM perform over the long term?

See historical performance and comparison

Valuation

Is Polimex-Mostostal 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: PXM (PLN5.22) is trading below our estimate of fair value (PLN366.95)

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


Price To Earnings Ratio

PE vs Industry: PXM is poor value based on its PE Ratio (13.8x) compared to the Polish Construction industry average (10.5x).

PE vs Market: PXM is poor value based on its PE Ratio (13.8x) compared to the Polish market (13.5x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: PXM is overvalued based on its PB Ratio (1.5x) compared to the PL Construction industry average (1.3x).


Future Growth

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

20.3%

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 Polimex-Mostostal 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.


Past Performance

How has Polimex-Mostostal performed over the past 5 years?

49.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: PXM has high quality earnings.

Growing Profit Margin: PXM's current net profit margins (4.8%) are lower than last year (5.6%).


Past Earnings Growth Analysis

Earnings Trend: PXM has become profitable over the past 5 years, growing earnings by 49.7% per year.

Accelerating Growth: PXM's earnings growth over the past year (2%) is below its 5-year average (49.7% per year).

Earnings vs Industry: PXM earnings growth over the past year (2%) underperformed the Construction industry 39.8%.


Return on Equity

High ROE: PXM's Return on Equity (10.1%) is considered low.


Financial Health

How is Polimex-Mostostal's financial position?


Financial Position Analysis

Short Term Liabilities: PXM's short term assets (PLN1.5B) exceed its short term liabilities (PLN1.2B).

Long Term Liabilities: PXM's short term assets (PLN1.5B) exceed its long term liabilities (PLN224.1M).


Debt to Equity History and Analysis

Debt Level: PXM's debt to equity ratio (22.7%) is considered satisfactory.

Reducing Debt: PXM's debt to equity ratio has reduced from 88.3% to 22.7% over the past 5 years.

Debt Coverage: PXM's debt is well covered by operating cash flow (320.2%).

Interest Coverage: PXM's interest payments on its debt are well covered by EBIT (8x coverage).


Balance Sheet


Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of PXM'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?

1.1yrs

Average board tenure


CEO

Krzysztof Figat

3.33yrs

Tenure

zł812,000

Compensation

Mr. Krzysztof Figat has been the President of the Management Board and Member of the Management Board at "Polimex-Mostostal" SA since May 11, 2018. Mr. Figat is a graduate of the Faculty of Electrical Engi...


Board Members

Experienced Board: PXM's board of directors are not considered experienced ( 1.1 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

Polimex-Mostostal S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Polimex-Mostostal S.A.
  • Ticker: PXM
  • Exchange: WSE
  • Founded: 1945
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: zł1.249b
  • Shares outstanding: 236.62m
  • Website: https://www.polimex-mostostal.pl

Number of Employees


Location

  • Polimex-Mostostal S.A.
  • al. Jana Pawla II 12
  • Warsaw
  • 00-124
  • Poland

Listings


Biography

Polimex-Mostostal S.A. operates as an engineering and construction company in Poland and internationally. The company designs and constructs roads, bridges, railway infrastructure, large-size structures, a...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/17 17:02
End of Day Share Price2021/09/17 00:00
Earnings2021/06/30
Annual Earnings2020/12/31


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.