Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
It is not possible to calculate the future cash flow value for
Polimex-Mostostal. This is due to cash flow or dividend data being
unavailable. The share price is
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.
The amount the stock market is willing to pay for
is considered below, and whether this is a fair price.
Price based on past earnings
Polimex-Mostostal's earnings available for a low price, and how does
this compare to other companies in the same industry?
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 Simply Wall St do have past financial data. You can see them here.
Show me the analysis anyway
The future performance of a company is measured in the same way as past
performance, by looking at estimated
and how much profit it is expected to make.
Future estimates come from
professional analysts. Just like forecasting the weather, they don’t always get
Expected Construction industry annual growth in earnings.
Earnings growth vs Low Risk Savings
expected to grow at an
Unable to compare Polimex-Mostostal's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
Unable to compare Polimex-Mostostal's earnings growth to the Poland market average as no estimate data is available.
Unable to compare Polimex-Mostostal's revenue growth to the Poland market average as no estimate data is available.
Unable to determine if Polimex-Mostostal is high growth as no earnings estimate data is available.
Unable to determine if Polimex-Mostostal is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can
be gauged below. We look back 3 years and see if they were any good at
predicting what actually occurred. We also show the highest and lowest estimates
looking forward to see if there is a wide range.
Polimex-Mostostal's performance over the past 5 years by checking for:
Has earnings increased in past 5 years? (1 check)
Has the earnings growth in the last year exceeded that of the
industry? (1 check)
Is the recent earnings growth over the last year higher than the average annual growth over the
past 5 years? (1 check)
Is the Return on Equity (ROE) higher than 20%? (1 check)
Is the Return on Assets (ROA) above industry average? (1 check)
Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent
earnings report. Some checks require at least 3 or 5 years worth of data.
has a total score of
1/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
A company's financial position is much like your own financial position,
it includes everything you own
The boxes below represent the relative size of what makes up
The net worth of a company is the difference between its assets and liabilities.
Polimex-Mostostal is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
Polimex-Mostostal's cash and other short term assets cover its long term commitments.
This treemap shows a more detailed breakdown of
Polimex-Mostostal's finances. If any of them are yellow this
indicates they may be out of proportion and red means they relate to one of the
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
High level of physical assets or inventory.
Debt is covered by short term assets, assets are 2.6x debt.
Nearly all companies have debt. Debt in itself isn’t
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.
The graphic below shows equity (available funds) and debt, we ideally want to
see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and
whether the level has increased over the past 5 years.
Management is one of the most important areas of a company. We look at
unreasonable CEO compensation, how long the team and board of directors have
been around for and insider trading.
TENURE AS CEO
Mr. Krzysztof Figat is the President of the Management Board of "Polimex-Mostostal" SA since 2018. Mr. Figat is a graduate of the Faculty of Electrical Engineering of the Lublin University of Technology with the specialty of Electrical Power Engineering and the Faculty of Economics of the Maria SklodowskaCurie University, specializing in Economics and Organization of Production. In the period October 2017 - May 2018 he was the President of the Management Board of “Enea Wytwarzanie”. Responsible, among others for completing the construction of Block 11 with a capacity of 1075 MW at Kozienice Power Plant, commencement of the Project "Construction of a Gas and Steam Block supplied with gas from gasification of coal". Previously, he worked at PGNiG TERMIKA as the Vice-President for Economic and Financial Affairs, where he supervised apart from finance the process of preparing the construction of a gas-steam block at EC Zeran with an electrical capacity of 497 MW and a maximum thermal power of 326 MW. He started his professional career in 1993 in energy related company in Siedlce, where he was the President of the Management Board for 9 years.
Insufficient data for Krzysztof to compare compensation growth.
Insufficient data for Krzysztof to establish whether their remuneration is reasonable compared to companies of similar size in Poland.
Management Team Tenure
Average tenure of the
management team in years:
The average tenure for the Polimex-Mostostal management team is less than 2 years, this suggests a new team.
Secretary and Member of Supervisory Board
President of the Management Board
Vice President of the Management Board
Vice President of Management Board
Board of Directors Tenure
Average tenure of the
board of directors in years:
The average tenure for the Polimex-Mostostal board of directors is less than 3 years, this suggests a new board.
If You Had Bought Polimex-Mostostal (WSE:PXM) Stock Five Years Ago, You'd Be Sitting On A 53% Loss, Today
Given that Polimex-Mostostal didn't make a profit in the last twelve months, we'll focus on revenue growth to form a quick view of its business development. … Shareholders of unprofitable companies usually expect strong revenue growth. … Some companies are willing to postpone profitability to grow revenue faster, but in that case one does expect good top-line growth.
Are Polimex-Mostostal SA's (WSE:PXM) Interest Costs Too High?
Investors are always looking for growth in small-cap stocks like Polimex-Mostostal SA (WSE:PXM), with a market cap of zł733.52m. … However, an important fact which most ignore is: how financially healthy is the business?
When Will Loss-Maker Polimex-Mostostal SA. (WSE:PXM) Need More Cash?
Additional cash raising may dilute the value of your shares, and since Polimex-Mostostal is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … With a negative operating cash flow of -ZŁ385.49M, Polimex-Mostostal is chipping away at its ZŁ579.14M cash reserves in order to run its business. … WSE:PXM Income Statement May 12th 18 When will Polimex-Mostostal need to raise more cash?
Why Polimex-Mostostal SA.'s (WSE:PXM) Investor Composition Impacts Your Returns
General Public Ownership The general public holds a substantial 33.84% stake in PXM, making it a highly popular stock among retail investors. … This size of ownership gives retail investors collective power in deciding on major policy decisions such as executive compensation, appointment of directors and acquisitions of businesses. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.
With A -123.84% Earnings Drop, Did Polimex-Mostostal SA. (WSE:PXM) Really Underperform?
For the purpose of this commentary, I like to use data from the most recent 12 months, which either annualizes the most recent 6-month earnings update, or in some cases, the most recent annual report is already the latest available financial data. … WSE:PXM Income Statement Apr 27th 18 We can further assess Polimex-Mostostal's loss by looking at what the industry has been experiencing over the past few years. … Each year, for the past five years Polimex-Mostostal has seen an annual decline in revenue of -12.39%, on average.
One Thing To Consider Before Buying Polimex-Mostostal SA. (WSE:PXM)
A popular measure of market risk for a stock is its beta, and the market as a whole represents a beta value of one. … View our latest analysis for Polimex-Mostostal An interpretation of PXM's beta Polimex-Mostostal's beta of 0.84 indicates that the stock value will be less variable compared to the whole stock market. … PXM’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio.
Should You Sell Polimex-Mostostal SA. (WSE:PXM) At This PE Ratio?
It compares a stock’s price per share to the stock’s earnings per share. … Formula Price-Earnings Ratio = Price per share ÷ Earnings per share P/E Calculation for PXM Price per share = PLN3.27 Earnings per share = PLN0.082 ∴ Price-Earnings Ratio = PLN3.27 ÷ PLN0.082 = 40.1x The P/E ratio isn’t a metric you view in isolation and only becomes useful when you compare it against other similar companies. … For example, if you inadvertently compared riskier firms with PXM, then investors would naturally value PXM at a higher price since it is a less risky investment.
What You Must Know About Polimex-Mostostal SA.'s (WSE:PXM) Financial Strength
How does PXM’s operating cash flow stack up against its debt? … Moreover, PXM has generated ZŁ105.22M in operating cash flow in the last twelve months, leading to an operating cash to total debt ratio of 24.46%, indicating that PXM’s current level of operating cash is high enough to cover debt. … In PXM's case, the ratio of 1.93x suggests that interest is not strongly covered, which means that lenders may be more reluctant to lend out more funding as PXM’s low interest coverage already puts the company at higher risk of default.Next Steps: PXM’s debt and cash flow levels indicate room for improvement.
With An ROE Of 1.90%, Has Polimex-Mostostal SA.'s (WSE:PXM) Management Done Well?
Check out our latest analysis for Polimex-Mostostal Peeling the layers of ROE – trisecting a company’s profitability Return on Equity (ROE) weighs Polimex-Mostostal’s profit against the level of its shareholders’ equity. … Return on Equity = Net Profit ÷ Shareholders Equity ROE is assessed against cost of equity, which is measured using the Capital Asset Pricing Model (CAPM) – but let’s not dive into the details of that today. … This is called the Dupont Formula: Dupont Formula ROE = profit margin × asset turnover × financial leverage ROE = (annual net profit ÷ sales) × (sales ÷ assets) × (assets ÷ shareholders’ equity) ROE = annual net profit ÷ shareholders’ equity WSE:PXM Last Perf Mar 15th 18 Essentially, profit margin shows how much money the company makes after paying for all its expenses.
Polimex-Mostostal S.A. operates as an engineering and construction company in Poland and internationally. It engages in turnkey construction of energy facilities; maintenance services for power facilities and industrial equipment; environmental protection services; diagnostics and technical research services; erection of boilers, turbine sets, specialized steel structures; and supply and installation of steel structures. The company is also involved in the prefabrication and assembly of equipment and industrial installations, as well as the provision of repair and modernization services for refinery, petrochemical, chemical, energy and coke, steel, and cement industries. In addition, it engages in the development of architectural and cross-industry concepts, general contractor/subcontractors works, and construction and urban projects, as well as engineering and technical services related to environmental protection, civil, and sanitary engineering. Further, the company offers designs of investment, modernization, and repairs in the field of transport infrastructure, such as roads and bridges; basic sanitation comprising water supply, sewerage, and sanitation; energy infrastructure, which include gas networks, district heating and electricity, and heat sources; protection against the effects of mining; and construction and architecture. The company was founded in 1945 and is based in Warsaw, Poland.
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