WSE:RFK

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Executive Summary

Rafako S.A. provides engineering, procurement, and construction (EPC) services to the power sector, and oil and gas industry worldwide.


Snowflake Analysis

Adequate balance sheet and overvalued.


Similar Companies

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

38.0%

RFK

5.0%

PL Machinery

4.8%

PL Market


1 Year Return

-41.0%

RFK

-29.3%

PL Machinery

-19.4%

PL Market

Return vs Industry: RFK underperformed the Polish Machinery industry which returned -29.3% over the past year.

Return vs Market: RFK underperformed the Polish Market which returned -19.3% over the past year.


Shareholder returns

RFKIndustryMarket
7 Day38.0%5.0%4.8%
30 Day87.9%8.7%4.5%
90 Day119.7%-3.3%-4.4%
1 Year-41.0%-41.0%-24.3%-29.3%-17.5%-19.4%
3 Year-84.6%-85.3%-41.8%-48.7%-23.0%-28.3%
5 Year-79.9%-80.8%-16.9%-27.6%-19.2%-29.0%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

0.39x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RFK's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RFK's fair value to establish if it is undervalued.


Price To Earnings Ratio

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

PE vs Market: RFK 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 RFK's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: RFK is good value based on its PB Ratio (0.4x) compared to the PL Machinery industry average (0.7x).


Next Steps

Future Growth

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

0.9%

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 Rafako 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 Rafako performed over the past 5 years?

-62.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RFK is currently unprofitable.

Growing Profit Margin: RFK is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: RFK is unprofitable, and losses have increased over the past 5 years at a rate of -62.2% per year.

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

Earnings vs Industry: RFK is unprofitable, making it difficult to compare its past year earnings growth to the Machinery industry (8.3%).


Return on Equity

High ROE: RFK has a negative Return on Equity (-47.07%), as it is currently unprofitable.


Next Steps

Financial Health

How is Rafako's financial position?


Financial Position Analysis

Short Term Liabilities: RFK's short term assets (PLN990.9M) exceed its short term liabilities (PLN804.1M).

Long Term Liabilities: RFK's short term assets (PLN990.9M) exceed its long term liabilities (PLN81.8M).


Debt to Equity History and Analysis

Debt Level: RFK's debt to equity ratio (30.3%) is considered satisfactory.

Reducing Debt: RFK's debt to equity ratio has reduced from 43.8% to 30.3% 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: Insufficient data to determine if RFK has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if RFK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is Rafako's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

0.6yrs

Average management tenure


CEO

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


Leadership Team

NamePositionTenureCompensationOwnership
Agnieszka Wasilewska-Semail
Vice President of the Management Board & Deputy CEO1.58yrszł848.00k0.047% PLN71.1k
Jaroslaw Dusilo
Managing Director of Restructuring0.58yrzł626.00kno data
Jacek Drozd
Vice Chairman of Management Board0.42yrno datano data
Radoslaw Domagalski- Labedzki
Vice President of the Boardno datano datano data
Michal Sikorski
Member of the Supevisory Board & Member of the Management Boardno datano datano data
Jolanta Markowicz
Chief Accountantno datano datano data
Piotr Karas
Director of Marketingno datano datano data
Anna Zembaty-Leska
Human Resources Directorno datano datano data
Stanislaw Fudali
Chief Welding Engineerno datano datano data
Jan Glenc
Chief Process Engineerno datano datano data

0.6yrs

Average Tenure

Experienced Management: RFK's management team is not considered experienced ( 0.6 years average tenure), which suggests a new team.


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

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


Key Information

  • Name: Rafako S.A.
  • Ticker: RFK
  • Exchange: WSE
  • Founded: 1949
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: zł150.370m
  • Shares outstanding: 127.43m
  • Website: https://www.rafako.com.pl

Number of Employees


Location

  • Rafako S.A.
  • ul. Lakowa 33
  • Racibórz
  • 47-400
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RFKWSE (Warsaw Stock Exchange)YesCommon StockPLPLNJul 1994
0O58LSE (London Stock Exchange)YesCommon StockGBPLNJul 1994

Biography

Rafako S.A. provides engineering, procurement, and construction (EPC) services to the power sector, and oil and gas industry worldwide. It operates in Power and Environmental Protection Facilities, and Other segments. The company offers power generating units, stoker-fired boilers, pulverized fuel boilers, and stationary and circulating fluidized bed boilers; heat recovery steam generators; systems and facilities ancillary to power boilers; wet, semi-dry, and dry flue gas desulfurization systems; NOx reduction technologies; and dust extraction equipment, including electrostatic precipitators and bag filters, as well as industrial and municipal waste incineration systems to commercial and industrial power plants. It also manufactures components for steam generators and precipitators; diagnosis, repairs, and upgrades boiler equipment; manufactures steel structures and other parts for the power generation industry; provides design, advisory, and maintenance services, as well as surface installation services for oil and gas production; and installs unloading, regasification, and storage of LNG. In addition, the company operates oil and gas pipelines, and fuel tanks; installs technical and sanitary systems; offers construction and process design, and urban planning services; provides engineering and technical advisory services, as well as supervision services for the construction, industrial, and environment protection sectors; assembles equipment for the power and chemical industries; and manages properties. Further, it manages housing communities, building, and construction projects; constructs roads and highways, railways and subways, bridges, and tunnels; generates, transmits, and trades in electricity; regenerates SCR and other catalysts; and provides environmental protection consultancy and supervision services. The company was founded in 1949 and is headquartered in Racibórz, Poland. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/05/31 21:19
End of Day Share Price2020/05/29 00:00
Earnings2019/09/30
Annual Earnings2018/12/31


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.