ABK

AbakWSE:ABK Stock Report

Market Cap

zł6.5m

7D

-8.4%

1Y

17.6%

Updated

23 Sep, 2021

Data

Company Financials
ABK fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance2/6
Financial Health6/6
Dividends2/6

ABK Overview

Abak S.A. provides accounting services to individuals and companies in Poland.

Price History & Performance

Summary of all time highs, changes and price drops for Abak
Historical stock prices
Current Share Pricezł2.40
52 Week Highzł1.71
52 Week Lowzł3.92
Beta0.22
1 Month Change-14.29%
3 Month Change-18.37%
1 Year Change17.65%
3 Year Change72.66%
5 Year Change0%
Change since IPO18.81%

Recent News & Updates

Shareholder Returns

ABKPL Professional ServicesPL Market
7D-8.4%-2.3%-1.0%
1Y17.6%-15.6%45.2%

Return vs Industry: ABK exceeded the Polish Professional Services industry which returned -15.6% over the past year.

Return vs Market: ABK underperformed the Polish Market which returned 45.2% over the past year.

Price Volatility

Is ABK's price volatile compared to industry and market?
ABK volatility
ABK Beta0.22
Industry Beta1.23
Market Beta1

Stable Share Price: Insufficient data to determine ABK's volatility over the past 3 months.

Volatility Over Time: Insufficient data to determine ABK's volatility change over the past year.

About the Company

FoundedEmployeesCEOWebsite
n/a98Pawel Puterkohttps://abak.com.pl/en/

Abak S.A. provides accounting services to individuals and companies in Poland. It offers services in the fields of accounting, payroll taxes, and tax services. The company is based in Olsztyn, Poland.

Abak Fundamentals Summary

How do Abak's earnings and revenue compare to its market cap?
ABK fundamental statistics
Market Capzł6.47m
Earnings (TTM)zł444.27k
Revenue (TTM)zł11.00m

14.6x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ABK income statement (TTM)
Revenuezł11.00m
Cost of Revenuezł7.10m
Gross Profitzł3.89m
Expenseszł3.45m
Earningszł444.27k

Last Reported Earnings

Jun 30, 2021

Next Earnings Date

Nov 12, 2021

Earnings per share (EPS)0.16
Gross Margin35.39%
Net Profit Margin4.04%
Debt/Equity Ratio31.7%

How did ABK perform over the long term?

See historical performance and comparison

Dividends

3.3%

Current Dividend Yield

49%

Payout Ratio

Valuation

Is Abak 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: ABK (PLN2.4) is trading below our estimate of fair value (PLN4.84)

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


Price To Earnings Ratio

PE vs Industry: ABK is good value based on its PE Ratio (14.6x) compared to the Polish Professional Services industry average (19x).

PE vs Market: ABK is poor value based on its PE Ratio (14.6x) compared to the Polish market (13.1x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: ABK is good value based on its PB Ratio (1.9x) compared to the PL Professional Services industry average (3.1x).


Future Growth

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

12.8%

Forecasted Commercial Services 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 Abak 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 Abak performed over the past 5 years?

19.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: ABK has high quality earnings.

Growing Profit Margin: ABK's current net profit margins (4%) are lower than last year (4.6%).


Past Earnings Growth Analysis

Earnings Trend: ABK's earnings have grown by 19.8% per year over the past 5 years.

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

Earnings vs Industry: ABK had negative earnings growth (-7.9%) over the past year, making it difficult to compare to the Professional Services industry average (-7.9%).


Return on Equity

High ROE: ABK's Return on Equity (13.1%) is considered low.


Financial Health

How is Abak's financial position?


Financial Position Analysis

Short Term Liabilities: ABK's short term assets (PLN3.6M) exceed its short term liabilities (PLN1.6M).

Long Term Liabilities: ABK's short term assets (PLN3.6M) exceed its long term liabilities (PLN1.2M).


Debt to Equity History and Analysis

Debt Level: ABK's debt to equity ratio (31.7%) is considered satisfactory.

Reducing Debt: ABK's debt to equity ratio has reduced from 81.4% to 31.7% over the past 5 years.

Debt Coverage: ABK's debt is well covered by operating cash flow (82.9%).

Interest Coverage: ABK's interest payments on its debt are well covered by EBIT (26.5x coverage).


Balance Sheet


Dividend

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

3.33%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: ABK's dividend (3.33%) is higher than the bottom 25% of dividend payers in the Polish market (2.17%).

High Dividend: ABK's dividend (3.33%) is low compared to the top 25% of dividend payers in the Polish market (6.23%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, ABK has been paying a dividend for less than 10 years.

Growing Dividend: ABK's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (48.5%), ABK's dividend payments are well 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?


CEO

Pawel Puterko

12.25yrs

Tenure

Mr. Paul Puterko has been President of the Management Board at ABAK Spolka Akcyjna. since June 2009. Mr. Puterko served as Vice Chairman of the Supervisory Board at Rank Progress Spólka Akcyjna.He served...


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

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


Key Information

  • Name: Abak S.A.
  • Ticker: ABK
  • Exchange: WSE
  • Founded: NaN
  • Industry: Human Resource and Employment Services
  • Sector: Commercial Services
  • Market Cap: zł6.467m
  • Shares outstanding: 2.69m
  • Website: https://abak.com.pl/en/

Number of Employees


Location

  • Abak S.A.
  • 18/20 Marii Sklodowskiej-Curie St.
  • Office 12
  • Olsztyn
  • 10-109
  • Poland

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/09/23 17:00
End of Day Share Price2021/09/23 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.