TOR

TorpolWSE:TOR Stock Report

Market Cap

zł321.6m

7D

-2.8%

1Y

24.3%

Updated

16 Sep, 2021

Data

Company Financials +
TOR fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends3/6

TOR Overview

Torpol S.A. engages in the construction and modernization of railway infrastructure in Poland.

Price History & Performance

Summary of all time highs, changes and price drops for Torpol
Historical stock prices
Current Share Pricezł13.80
52 Week Highzł8.80
52 Week Lowzł17.50
Beta1.14
1 Month Change5.02%
3 Month Change-16.26%
1 Year Change24.32%
3 Year Change174.90%
5 Year Change27.54%
Change since IPO61.22%

Recent News & Updates

Jun 05
Is Torpol (WSE:TOR) A Risky Investment?

Is Torpol (WSE:TOR) A Risky Investment?

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

Apr 01
Why Torpol S.A. (WSE:TOR) Could Be Worth Watching

Why Torpol S.A. (WSE:TOR) Could Be Worth Watching

Torpol S.A. ( WSE:TOR ), might not be a large cap stock, but it received a lot of attention from a substantial price...

Shareholder Returns

TORPL ConstructionPL Market
7D-2.8%1.4%0.1%
1Y24.3%62.0%41.9%

Return vs Industry: TOR underperformed the Polish Construction industry which returned 61.5% over the past year.

Return vs Market: TOR underperformed the Polish Market which returned 41.9% over the past year.

Price Volatility

Is TOR's price volatile compared to industry and market?
TOR volatility
TOR Beta1.14
Industry Beta0.77
Market Beta1

Stable Share Price: TOR is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: TOR's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1991837Grzegorz Grabowskihttps://www.torpol.pl

Torpol S.A. engages in the construction and modernization of railway infrastructure in Poland. It constructs overhead catenary systems, power supply systems, train traffic and control systems, and road and civil engineering structures; and implements track layout and associated works. The company also constructs and modernizes travelways, track beds, and rapid transit tramway systems; and collision fee crossings and bike lines, as well as installs noise barriers and anti-vibration mats.

Torpol Fundamentals Summary

How do Torpol's earnings and revenue compare to its market cap?
TOR fundamental statistics
Market Capzł321.58m
Earnings (TTM)zł54.86m
Revenue (TTM)zł1.29b

5.8x

P/E Ratio

0.2x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
TOR income statement (TTM)
Revenuezł1.29b
Cost of Revenuezł1.19b
Gross Profitzł105.83m
Expenseszł50.97m
Earningszł54.86m

Dividends

11.1%

Current Dividend Yield

64%

Payout Ratio

Valuation

Is Torpol 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: TOR (PLN13.8) is trading below our estimate of fair value (PLN38.59)

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


Price To Earnings Ratio

PE vs Industry: TOR is good value based on its PE Ratio (5.8x) compared to the Polish Construction industry average (10.9x).

PE vs Market: TOR is good value based on its PE Ratio (5.8x) compared to the Polish market (13.9x).


Price to Earnings Growth Ratio

PEG Ratio: TOR's earnings are forecast to decline next year, so we can't calculate its PEG ratio.


Price to Book Ratio

PB vs Industry: TOR's PB Ratio (1.3x) is in line with the PL Construction industry average.


Future Growth

How is Torpol forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

-38.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: TOR's earnings are forecast to decline over the next 3 years (-38.8% per year).

Earnings vs Market: TOR's earnings are forecast to decline over the next 3 years (-38.8% per year).

High Growth Earnings: TOR's earnings are forecast to decline over the next 3 years.

Revenue vs Market: TOR's revenue is expected to decline over the next 3 years (-1% per year).

High Growth Revenue: TOR's revenue is forecast to decline over the next 3 years (-1% per year).


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if TOR's Return on Equity is forecast to be high in 3 years time


Past Performance

How has Torpol performed over the past 5 years?

31.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: TOR has high quality earnings.

Growing Profit Margin: TOR's current net profit margins (4.2%) are higher than last year (2.1%).


Past Earnings Growth Analysis

Earnings Trend: TOR's earnings have grown significantly by 31.2% per year over the past 5 years.

Accelerating Growth: TOR's earnings growth over the past year (68.1%) exceeds its 5-year average (31.2% per year).

Earnings vs Industry: TOR earnings growth over the past year (68.1%) exceeded the Construction industry 39.8%.


Return on Equity

High ROE: TOR's Return on Equity (23.4%) is considered high.


Financial Health

How is Torpol's financial position?


Financial Position Analysis

Short Term Liabilities: TOR's short term assets (PLN793.8M) exceed its short term liabilities (PLN705.6M).

Long Term Liabilities: TOR's short term assets (PLN793.8M) exceed its long term liabilities (PLN74.7M).


Debt to Equity History and Analysis

Debt Level: TOR's debt to equity ratio (8.6%) is considered satisfactory.

Reducing Debt: TOR's debt to equity ratio has reduced from 32.3% to 8.6% over the past 5 years.

Debt Coverage: TOR's debt is well covered by operating cash flow (1087.8%).

Interest Coverage: TOR's interest payments on its debt are well covered by EBIT (18.1x coverage).


Balance Sheet


Dividend

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

11.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: TOR's dividend (11.09%) is higher than the bottom 25% of dividend payers in the Polish market (2.05%).

High Dividend: TOR's dividend (11.09%) is in the top 25% of dividend payers in the Polish market (6.03%)


Stability and Growth of Payments

Stable Dividend: TOR has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: TOR's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (64.1%), TOR's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

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

3.6yrs

Average management tenure


CEO

Grzegorz Grabowski

5.5yrs

Tenure

zł540,000

Compensation

Mr. Grzegorz Grabowski has been President of Management Board at Torpol S.A., since March 23, 2016 and served as Acting Chief Financial Officer. Mr. Grabowski served as Sales Director and Member of the Man...


CEO Compensation Analysis

Compensation vs Market: Grzegorz's total compensation ($USD138.70K) is about average for companies of similar size in the Polish market ($USD140.39K).

Compensation vs Earnings: Grzegorz's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: TOR's management team is considered experienced (3.6 years average tenure).


Board Members

Experienced Board: TOR's board of directors are not considered experienced ( 2.7 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

Torpol S.A.'s employee growth, exchange listings and data sources


Key Information

  • Name: Torpol S.A.
  • Ticker: TOR
  • Exchange: WSE
  • Founded: 1991
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: zł321.580m
  • Shares outstanding: 22.97m
  • Website: https://www.torpol.pl

Number of Employees


Location

  • Torpol S.A.
  • ul.Mogilenska 10G
  • Poznan
  • 61-052
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/16 21:33
End of Day Share Price2021/09/16 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.