WSE:BPN

Stock Analysis Report

Executive Summary

Black Point S.A. engages in the design, production, testing, and distribution of consumable materials for printers worldwide.

Snowflake

Fundamentals

Flawless balance sheet and undervalued.

Share Price & News

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


Latest Share Price and Events


Market Performance


7 Day Return

-15.4%

BPN

0.06%

PL Commercial Services

0.01%

PL Market


1 Year Return

53.5%

BPN

9.9%

PL Commercial Services

-3.3%

PL Market

Return vs Industry: BPN exceeded the Polish Commercial Services industry which returned 9.9% over the past year.

Return vs Market: BPN exceeded the Polish Market which returned -3.3% over the past year.


Shareholder returns

BPNIndustryMarket
7 Day-15.4%0.06%0.01%
30 Day-2.2%1.3%-1.1%
90 Day7.3%2.7%-7.6%
1 Year106.4%53.5%10.5%9.9%-0.4%-3.3%
3 Year106.4%53.5%-5.4%-9.8%11.4%3.4%
5 Year84.9%37.5%11.1%7.2%-1.0%-12.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

Is Black Point 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: BPN (PLN0.66) is trading below our estimate of fair value (PLN6.86)

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


Price To Earnings Ratio

PE vs Industry: BPN is good value based on its PE Ratio (5x) compared to the Commercial Services industry average (10.5x).

PE vs Market: BPN is good value based on its PE Ratio (5x) compared to the Polish market (10x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: BPN is good value based on its PB Ratio (0.4x) compared to the PL Commercial Services industry average (0.9x).


Next Steps

Future Growth

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

8.4%

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 Black Point 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 Black Point performed over the past 5 years?

-12.2%

Historical annual earnings growth


Earnings and Revenue History


Past Earnings Growth Analysis

Earnings Trend: BPN's earnings have declined by -12.2% per year over the past 5 years.

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

Earnings vs Industry: BPN has become profitable in the last year, making it difficult to compare its past year earnings growth to the Commercial Services industry (3.4%).


Return on Equity

High ROE: BPN's Return on Equity (7.8%) is considered low.


Return on Assets

ROA vs Industry: BPN's Return on Assets is below or equal to the Commercial Services industry average last year.


Return on Capital Employed

ROCE Improving: BPN has significantly improved its Return on Capital Employed over the past 3 years.


Next Steps

Financial Health

How is Black Point's financial position?


Financial Position Analysis

Short Term Liabilities: BPN's short term assets (PLN20.4M) exceeds its short term liabilities (PLN10.0M)

Long Term Liabilities: BPN's short term assets (20.4M) exceeds its long term liabilities (484.0K)


Debt to Equity History and Analysis

Debt Level: BPN's debt to equity ratio (7.9%) is considered satisfactory

Reducing Debt: BPN's debt to equity ratio has reduced from 29.8% to 7.9% over the past 5 years.

Debt Coverage: BPN's debt is well covered by operating cash flow (248.4%).

Interest Coverage: BPN's interest payments on its debt are well covered by EBIT (10.2x coverage).


Balance Sheet

Inventory Level: BPN has a high level of physical assets or inventory.

Debt Coverage by Assets: BPN's debt is covered by short term assets (assets are 12.887830x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

company0%marketbottom25%2.7%markettop25%7.4%industryaverage7.6%forecastin3Yearsn/a

Current dividend yield vs market & industry


Stability and Growth of Payments

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

High Dividend: Unable to evaluate BPN's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.

Stable Dividend: Insufficient data to determine if BPN's dividends per share have been stable in the past.

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


Current Payout to Shareholders

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


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of BPN's dividend in 3 years as they are not forecast to pay a notable one for the Polish market.


Next Steps

Management

What is the CEO of Black Point's salary, the management and board of directors tenure and is there insider trading?

4.0yrs

Average board tenure


CEO

Black Point has no CEO, or we have no data on them.


Board Age and Tenure

4.0yrs

Average Tenure

Experienced Board: BPN's board of directors are considered experienced (4 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown


Management Team

  • Kamila Yamasaki

    Vice President of the Management Board

    • Tenure: 4.3yrs

Board Members

  • Leszek Jurasz

    Vice Chairman of the Supervisory Board

    • Tenure: 4.3yrs
  • Piotr Kolbusz

    Member of the Supervisory Board

    • Tenure: 3.9yrs
  • Anna Skalecka

    Member of the Supervisory Board

    • Tenure: 0yrs
  • Szczepan Czyczerski

    Chairperson of the Supervisory Board

    • Tenure: 0yrs
  • Dirk Jenkis

    Member of Supervisory Board

    • Tenure: 4yrs

Company Information

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


Key Information

  • Name: Black Point S.A.
  • Ticker: BPN
  • Exchange: WSE
  • Founded: 1988
  • Industry: Office Services and Supplies
  • Sector: Commercial Services
  • Market Cap: zł7.920m
  • Shares outstanding: 12.00m
  • Website: https://www.blackpoint.pl

Location

  • Black Point S.A.
  • ul. Atramentowa 5
  • Bielany Wroclawskie
  • Kobierzyce
  • 55-040
  • Poland

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
BPNWSE (Warsaw Stock Exchange)YesCommon Bearer SharesPLPLNMay 2010

Biography

Black Point S.A. engages in the design, production, testing, and distribution of consumable materials for printers worldwide. The company’s products include toners, inks, tapes for dot matrix printers, and ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/20 21:27
End of Day Share Price2019/10/18 00:00
Earnings2019/06/30
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.