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Market Cap

zł121.4m

Last Updated

2021/05/07 17:54 UTC

Data Sources

Company Financials

Executive Summary

Seco/Warwick S.A. manufactures and sells heat treatment furnaces and equipment in the European Union, Russia, Belarus, Ukraine, the United States, Asia, and internationally. More Details


Snowflake Analysis

Flawless balance sheet and undervalued.

Share Price & News

How has Seco/Warwick's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: SWG is less volatile than 75% of Polish stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: SWG's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

-0.7%

SWG

-0.4%

PL Machinery

1.2%

PL Market


1 Year Return

-6.3%

SWG

36.9%

PL Machinery

42.2%

PL Market

Return vs Industry: SWG underperformed the Polish Machinery industry which returned 41.3% over the past year.

Return vs Market: SWG underperformed the Polish Market which returned 41.3% over the past year.


Shareholder returns

SWGIndustryMarket
7 Day-0.7%-0.4%1.2%
30 Day3.9%4.1%3.0%
90 Day5.6%6.5%6.2%
1 Year-6.3%-6.3%38.4%36.9%43.8%42.2%
3 Year-24.0%-26.1%-8.9%-20.5%4.5%-1.6%
5 Year-31.7%-36.1%35.0%16.1%30.7%16.2%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Seco/Warwick 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: SWG (PLN13.3) is trading below our estimate of fair value (PLN35.03)

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


Price To Earnings Ratio

PE vs Industry: SWG is good value based on its PE Ratio (9.4x) compared to the PL Machinery industry average (14.4x).

PE vs Market: SWG is good value based on its PE Ratio (9.4x) compared to the Polish market (15.9x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SWG is good value based on its PB Ratio (0.6x) compared to the PL Machinery industry average (1x).


Future Growth

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

17.0%

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 Seco/Warwick 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 Seco/Warwick performed over the past 5 years?

52.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SWG has a large one-off gain of PLN6.6M impacting its December 31 2020 financial results.

Growing Profit Margin: SWG's current net profit margins (3.5%) are higher than last year (3.4%).


Past Earnings Growth Analysis

Earnings Trend: SWG has become profitable over the past 5 years, growing earnings by 52.3% per year.

Accelerating Growth: SWG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: SWG had negative earnings growth (-9.9%) over the past year, making it difficult to compare to the Machinery industry average (-31.8%).


Return on Equity

High ROE: SWG's Return on Equity (7.5%) is considered low.


Financial Health

How is Seco/Warwick's financial position?


Financial Position Analysis

Short Term Liabilities: SWG's short term assets (PLN286.2M) exceed its short term liabilities (PLN213.9M).

Long Term Liabilities: SWG's short term assets (PLN286.2M) exceed its long term liabilities (PLN47.4M).


Debt to Equity History and Analysis

Debt Level: SWG's debt to equity ratio (16.9%) is considered satisfactory.

Reducing Debt: SWG's debt to equity ratio has reduced from 39.3% to 16.9% over the past 5 years.

Debt Coverage: SWG's debt is well covered by operating cash flow (113.6%).

Interest Coverage: SWG's interest payments on its debt are well covered by EBIT (8.4x coverage).


Balance Sheet


Dividend

What is Seco/Warwick current dividend yield, its reliability and sustainability?


Upcoming Dividend Payment

TodayMay 08 2021Ex Dividend DateJun 30 2021Dividend Pay DateJul 15 202115 days from Ex DividendBuy in the next 53 days to receive the upcoming dividend

Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

3.3yrs

Average management tenure


CEO

Janusz Gudaczewski

no data

Tenure

Mr. Janusz Gudaczewski has been President since 2002 and serves as Chief Executive Officer of ELTERMA S.A of SECO/WARWICK Group Poland. Mr. Gudaczewski gained his industrial furnace business experience as ...


Leadership Team

Experienced Management: SWG's management team is considered experienced (3.3 years average tenure).


Board Members

Experienced Board: SWG's board of directors are considered experienced (9 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

Seco/Warwick S.A.'s company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Seco/Warwick S.A.
  • Ticker: SWG
  • Exchange: WSE
  • Founded: 1991
  • Industry: Industrial Machinery
  • Sector: Capital Goods
  • Market Cap: zł121.360m
  • Shares outstanding: 8.99m
  • Website: https://www.secowarwick.com

Number of Employees


Location

  • Seco/Warwick S.A.
  • ul. Sobieskiego 8
  • Swiebodzin
  • 66-200
  • Poland

Listings


Biography

Seco/Warwick S.A. manufactures and sells heat treatment furnaces and equipment in the European Union, Russia, Belarus, Ukraine, the United States, Asia, and internationally. The company operates through fi...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/05/07 17:54
End of Day Share Price2021/05/07 00:00
Earnings2020/12/31
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.