WSE:ZUE

Stock Analysis Report

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Executive Summary

ZUE S.A., together with its subsidiaries, operates in the public transport infrastructure construction industry in Poland. More Details


Snowflake Analysis

Excellent balance sheet and fair value.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: ZUE is not significantly more volatile than the rest of Polish stocks over the past 3 months, typically moving +/- 8% a week.

Volatility Over Time: ZUE's weekly volatility (8%) has been stable over the past year.


Market Performance


7 Day Return

6.4%

ZUE

5.5%

PL Construction

-2.9%

PL Market


1 Year Return

25.6%

ZUE

94.7%

PL Construction

18.9%

PL Market

Return vs Industry: ZUE underperformed the Polish Construction industry which returned 88.4% over the past year.

Return vs Market: ZUE exceeded the Polish Market which returned 15.8% over the past year.


Shareholder returns

ZUEIndustryMarket
7 Day6.4%5.5%-2.9%
30 Day25.0%9.3%1.2%
90 Day38.9%36.6%6.2%
1 Year25.6%25.6%98.7%94.7%20.0%18.9%
3 Year-20.6%-20.6%61.3%44.9%-4.1%-9.9%
5 Year-41.1%-43.3%57.6%33.8%18.8%5.3%

Long-Term Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is ZUE 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: ZUE (PLN5) is trading below our estimate of fair value (PLN28.53)

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


Price To Earnings Ratio

PE vs Industry: ZUE is poor value based on its PE Ratio (42.6x) compared to the PL Construction industry average (8.8x).

PE vs Market: ZUE is poor value based on its PE Ratio (42.6x) compared to the Polish market (15.6x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ZUE is good value based on its PB Ratio (0.7x) compared to the PL Construction industry average (1x).


Next Steps

Future Growth

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

9.5%

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 ZUE 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 ZUE performed over the past 5 years?

-40.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ZUE has high quality earnings.

Growing Profit Margin: ZUE became profitable in the past.


Past Earnings Growth Analysis

Earnings Trend: ZUE has become profitable over the past 5 years, growing earnings by -40.6% per year.

Accelerating Growth: ZUE has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: ZUE has become profitable in the last year, making it difficult to compare its past year earnings growth to the Construction industry (34.3%).


Return on Equity

High ROE: ZUE's Return on Equity (1.8%) is considered low.


Next Steps

Financial Health

How is ZUE's financial position?


Financial Position Analysis

Short Term Liabilities: ZUE's short term assets (PLN363.3M) exceed its short term liabilities (PLN333.8M).

Long Term Liabilities: ZUE's short term assets (PLN363.3M) exceed its long term liabilities (PLN52.1M).


Debt to Equity History and Analysis

Debt Level: ZUE's debt to equity ratio (18.4%) is considered satisfactory.

Reducing Debt: ZUE's debt to equity ratio has increased from 0.6% to 18.4% over the past 5 years.

Debt Coverage: ZUE's debt is well covered by operating cash flow (101.2%).

Interest Coverage: ZUE's interest payments on its debt are well covered by EBIT (4.3x coverage).


Balance Sheet


Next Steps

Dividend

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


Dividend Yield vs Market

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

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

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


Current Payout to Shareholders

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


Future Payout to Shareholders

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

6.9yrs

Average management tenure


CEO

Wieslaw Nowak

no data

Tenure

zł1,460,000

Compensation

Mr. Wieslaw Nowak serves as President of the Management Board and Chief Executive Officer at ZUE Spólka Akcyjna and served as its Managing Director. Mr. Nowak is the founder of ZUE S.A. His professional ca...


Leadership Team

NamePositionTenureCompensationOwnership
Wieslaw Nowak
President of the Management Board & CEOno datazł1.46m63.26%
PLN 73.4m
Marcin Wisniewski
Vice President of the Management Board & Director of the City Infrastructure Unit14yrszł680.00k0.010%
PLN 11.7k
Maciej Nowak
Vice-President of Management Board and Legal & Corporate Director4yrszł710.00k0.034%
PLN 39.8k
Jerzy Czeremuga
Vice President of the Management Board & Director of the Power Infrastructure Unit9.75yrszł680.00k0.00060%
PLN 696.6
Anna Mroczek
Vice-President of Management Board & Financial Director4yrszł746.00kno data
Ewa Bosak
Chief Accountantno datano datano data

6.9yrs

Average Tenure

Experienced Management: ZUE's management team is seasoned and experienced (6.9 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Mariusz Szubra
Independent Chairman of Supervisory Board8.58yrszł39.00kno data
Michal Lis
Member of Supervisory Board8.58yrszł239.00k0.0029%
PLN 3.4k
Boguslaw Lipinski
Member of the Supervisory Board10.67yrszł31.00kno data
Piotr Korzeniowski
Independent Member of the Supervisory Board10.67yrszł31.00kno data
Barbara Nowak
Vice-Chairperson of Supervisory Board3.67yrszł31.00kno data

8.6yrs

Average Tenure

Experienced Board: ZUE's board of directors are considered experienced (8.6 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

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


Key Information

  • Name: ZUE S.A.
  • Ticker: ZUE
  • Exchange: WSE
  • Founded: 2002
  • Industry: Construction and Engineering
  • Sector: Capital Goods
  • Market Cap: zł116.104m
  • Shares outstanding: 22.77m
  • Website: https://www.grupazue.pl

Number of Employees


Location

  • ZUE S.A.
  • Kazimierza Czapinskiego 3 Street
  • Kraków
  • 30-048
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
ZUEWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNNov 2010

Biography

ZUE S.A., together with its subsidiaries, operates in the public transport infrastructure construction industry in Poland. It operates through three segments: Construction Activities, Design Activities, an...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/02/26 18:13
End of Day Share Price2021/02/26 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.